ROKU Looking Bullish 📈Just thought I'd share my analysis on Roku, leave a like if this helps, thanks!
At the moment, price action has broken previous resistance and is currently retesting structure.
On a successful bounce, ROKU should continue on a upward trajectory towards the 152 price point.
- Keep in mind the MACD is currently beginning a bullish cycle on the 4H. So that should also be useful evidence to point to a bullish move.
⬇Got a Forex pair or Stock you want me to analyze? Let me know down in the comments below!⬇
Entertainment
Rising wedge formed AUDUSD is in a rising wedge and will fall soon. Price i in a resistance area and it will be really hard for bulls to break.
Wait before opening a sell trade a candlestick signal in H4 AND H1. possible targets:
0.6570
0.6400
STOP LOSS= OPEN , it will be updated later in prder to avoid fakeout which could trigger our stops.
Enjoy your trading.
Operation Save Live NationLook, we're not going to be having arena concerts until next summer if we're fortunate.
The fact is revenue will decline sharply in the coming weeks, and this stock will follow suit. Over the next month, the graph may range and drop, then range before dropping again, so now is the time to short this bear swing and follow it all the way down to 2014 supports.
Its trading at actual value as of close May 11, but the price is respecting the 50 day MA well below the 200 day MA.
The trend begins March 16, just before it crashed, and follows through to converge with the 50 day MA and intersects pre 2018 support and resistance levels. The stock will continue to fall, probably as low as 7.88 over the next three months but its too early to determine that rate.
This is a good swing, but long term, its worth considering positioning to bring Live Nation where it needs to go when we can get its market going again, some time before July, 2021, we hope.
$LIVX can rise in the next daysContextual immersion trading strategy idea.
LiveXLive Media, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content.
On 29 May the company announced the launch of the virtual music festival "Music Lives ON". It causes a rise in the share price of the company.
At the and of the day the demand for shares of the company looked higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,29;
stop-loss — $2,10.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Six Flags (Short)I am waiting on this trade to slowly develop, see if the pattern holds for the next couple of days... hopefully, it can be a perfect short coming earnings date (4/30)
Six Flags has been holding $14 strong since April 8th.. I am sure we have not seen the end of COVID-19, I think Six will remain closed for a long time and cause us to fall back to 12 or below!
We have hit $17 three times and have been rejected strongly, I would expect the same from this trade.
Good Luck!
WWE - Is smacking down on those resistance lines =DGLHF, let me know what you think!
Trade at your own risk.
$MGM can fall in the next daysContextual immersion trading strategy idea.
The demand for shares of MGM Resorts International looks lower than the supply.
The company owns and operates an integrated casino, hotel, and entertainment resorts.
Due to the spread of COVID-19, the demand for the company's services fell.
This and other conditions can continue to cause a fall in the share price in the next days.
So I opened a short position again from $10,49;
Information about stop-loss and take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Netflix $NFLXEspecially this time of period, many people watch serials, movies and $NFLX is getting much more popular around the world. It has been consolidating since july 2018 and i think it is the best time to boost up. It seems forming "Ugly Double Bottoms". To make the pattern works needs to break $386.
Netflix: Update on our long term Buy.This is an update on our NFLX buy position since we posted the following trade in September 2019 when the price was trading on the $250-260 bottom:
We have called for a long term Target of $650 but in the mean-time told more medium term investors to start booking profits near the 385 - 415 Resistance. If you took that trade with us you should be almost +50% in profit. With 1D on a steady Channel Up (RSI = 62.074, MACD = 6.790, Highs/Lows = 8.4729), we think it is a good time to update this position and look at the more short term price action. That resembles the previous time Netflix reached 385. A Golden Cross comes as confirmation. If you are a short term investors book profits within 378.00 - 385.00.
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Comcast bounce potentialI'm seeing lots of call-buying in Comcast (CMCSA) today, partly because it has fallen to a support level, and partly because of news that the company will invest 2 billion dollars in a streaming service in partnership with NBC to compete with Disney, Hulu, and Netflix. Honestly this is a crowded space, Comcast may be too late to the game, and profitability for the service is still five years away, but hype around the new streaming service could still buoy the stock this week. Comcast has a 7.7/10 analyst summary score and a 2% dividend return. The stock tends to beat earnings estimates and has a reasonable P/E of about 16.
BTC/USD Bearish triangle weekly.Hello friends,
Just looking at the weekly and connecting the dots. Well looks like BTC isn't gonna make the cut according to this chart. Currently we are on wave D and we are looking for a bottom at about $4500.00, then we will be on wave E which takes us to about $8000.00 then from there we will see a bottom. How far down is a good question, it could hit lows in the hundreds.
Just a friendly warning that BTC is just a digital asset that could go to zero. Think about it...it is based on nothing! Best to hedge with something like gold IMO.
This is strictly educational and for entertainment purposes.
Cheers!
Netflix: Ideal long term Buy opportunity. Potential Target $650.Netflix has been under heavy selling pressure since July on the 1W chart (RSI = 31.642, MACD = -16.980, Highs/Lows = -48.8636) and is approaching the 231.23 December 2018 low. This is an ideal buy opportunity as the Demand Zone is set within 236.11 (Feb 2018 low) and 220 (expected contact with the 1W MA200 (orange line)).
Furthermore, what makes the current levels even more appealing is the fact that since 2015 a Double Bottom formation on the Demand Zone always initiated the next strong rally with the 1W MA200 supporting. Even in 2012 when then Double Bottom marginally broke, the Demand Zone held and delivered a rally of nearly +800%.
We are therefore long on NFLX and assuming the modest scenario of the 2015 rally is replicated, a +179% rise can push the price to $650.00. You are of course free to choose your own target zone with 385 - 415 Resistance Zone also an appealing option for short term investors.
*Note: the log chart was used on this study in order to best display the long term patterns.
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Comments and likes are greatly appreciated.
Strong Close but Can FFHL Continue Higher?HUGE day today but I'm not sure if this news is enough to make a reason to keep this on the radar or not. I'm sure after today, the weekend warriors will notice this volume and price move.
"This is what happens when penny stocks release news afterhours. Just because the closing bell rings at 4PM EST, doesn’t mean you stop watching the market. Those who had access to aftermarket trading on Thursday could have reacted to the companies latest announcement. FuWei reported its quarterly and 6-month results, which seems to be the spark that lit this fuse."
From Top 3 Penny Stocks To Watch On Friday on PennyStocks.com
Results:
FuWei reported 10.7% growth in sales compared to the same quarter last year. It also saw EPS come in at $0.04 per share versus last year’s period of a $0.4 loss per share. The company’s plastic film products are widely used for food, medicine, cosmetics, and even tobacco.
NASDAQ:FFHL