Magnificent Tech Stocks
We have been uno reversed. Weekly close - update #5 What to expect on Monday’s open? Roundhill Magnificent Seven ETF (MAGS) Most stock prices from the Magnificent Seven have been on a rise so far. Everything seems to have found a temporary bottom and MAGS etf is currently entering
Crypto
We have been warning about a possible macro downtrend and the possibility that ethereum will continue to underperform bitcoin for the rest of this year. What has happened? For the moment, the month of August activated the bearish trend which we anticipated and hit the first target (2270). Let'
Commodities
Weekly Update #4 Gold (XAU) Macro = bullish / short term = neutral We are at a NO TRADE zone currently trading at resistance. For bullish momentum to continue, a break above the all time high of $2,484 is crucial. Bearish scenario, if price breaks below $2,430’s then we’ll
Crypto
It seems to trade within an endless range. But for how much longer? It's done with both sides of the market as sentiment goes to emotional extremes near breakout points, but it's usually a late signal when it comes to having a directional bias. The chart
Magnificent Tech Stocks
Weekly Update #4 Roundhill Magnificent Seven ETF (MAGS) Previous bullish idea hit ✅ We had a perfect pump from the sub $40’s critical level and we are currently entering the resistance zone. $44 - $45’s price action is key, if we get rejected and start trading sub $44’s
Crypto
Enough of the correction phase. Let's be a bit more optimistic, as the month of September is setting up for a pretty bright picture. In fact, things seem to be bottoming out, as Bitcoin's reaction since the ETF launch peak on January 11 has been positive
Commodities
Gold (XAU) - Bullish momentum continues. The swing trade here has already been made. In our previous reports we’ve given the entry and target levels which perfectly hit a 5% swing trade and we’ve given the long re-entry at $2,380 (already hit). If you did jump in
Deep Value Stocks
Undervalued stock of the month. Copa Airlines, the hidden Panamanian gem for most foreign investors. This Airlines has over 80+ destinations in over 30 countries within North, Central and South America, as well as the Caribbean. The company’s profitable earnings year after year, its PE Ratio of only 4.
Crypto
Time to position for the long term This double-digit pullback is more than welcome in the current market we are in. Momentum is needed to start to get a clear view of things and prepare for the next wave, as the market is bottoming as we speak. It just needs
Crypto
“The world ain't all sunshine and rainbows" - Rocky Balboa This is such an iconic Rocky speech. Some people love the Rocky movies and some people hate them. What matters is if the words above get to you. In any market and especially in crypto, there will
Forex
Back inside the range! Things will most likely slow down from here. After the big uptrend and failed breakout/rejection candle, price is back inside the 2 year range. now what? To me it looks like it's going to roll over after the rejection which is expected to
Crypto
What a drop and arguably the best buying opportunity this quarter. How much lower can it go? A question of fear and desire for lower prices that left many on the sidelines wondering if it was the right thing to do. Let's try to be more rational, as