Swing Trading Today | Bitcoin Bubble Or Manipulation?
Swing Trading Today | Bitcoin Bubble Or Manipulation?
When Bitcoin was above $20,000 the financial news media couldn’t be more bullish on cryptocurrencies. Fast forward one year later as the price of Bitcoin breaks key technical support the ECB and the financial news media are just now talking about a bubble and a crisis. It looks as though Wall Street’s techniques of manipulating the stock market have now finally caught up to cryptocurrencies. Well it’s about time! Now that the big banks are building out their cryptocurrency departments you can bet that until they are net long of your favorite coin and you will have bearish news. Then one day once they are all net long and the crypto coin prices have move off of their lows and general public has been wiped out they will begin their pump of the coins. Until then their bear operations are in full effect with the help of the government and the financial media.
Best stocks to watch this trading week are $NFLX $NXPI $UNG / $BOIL $ADBE and QCOM.
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Welcome to our channel! In this video, we dive deep into the recent Tesla Price Cuts and explore the impact on the stock market. If you're an investor or simply curious about Tesla's stock performance in 2023, this video is a must-watch!
We provide valuable insights into the reasons behind Tesla's price reductions and analyze where the stock might be headed. Our in-depth analysis will help you make informed decisions about your investments.
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In this video we will perform technical analysis of the stock charts and discuss if it is time to buy $DOCU stock now? We also perform fundamental analysis Docusign. Longer term we believe that $DOCU can outperform HelloSign, PandaDoc and Adobe ticker symbol $ADBE
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Resource Reference Articles
Zacks:
*Docusign Surpasses Q2 Earnings and Revenue
https://www.zacks.com/stock/news/1791816/docusign-docu-surpasses-q2-earnings-revenue-estimates?cid=CS-IBD-HL-analyst_blog|earnings_article-1791816
*Mild Strength Across Market Indexes
https://www.zacks.com/stock/news/1790704/mild-strength-across-market-indexes?cid=CS-IBD-HL-ahead_of_wall_street-1790704
*TrendSpider Chart of DocuSign $DOCU
https://share.trendspider.com/chart/DOCU/68427kssrq
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In stock charts analysis we review the symbols that our members submit for me to review on video. We will review for our members any stock, ETF, stock market index or cryptocurrency. We leverage our knowledge of the appropriate trading strategy for the current stock market environment. Bob Desmond the President of The Contrarian Trader is a top ranked stock market technician who is renowned for using stock charts and technical analysis by calling a top in Bitcoin and the S&P 500 and a bottom in Gold in 2017. We perform technical analysis of the charts using candlestick charting. Indicators used are the relative strength indicator as well as the stochastic. We are very bullish on the gold stocks and very bearish on the US Dollar.
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$DIA
$COMP
$SPY
$DXY
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$X
$BZUN
$CMG
$BIDU
$FB
$TZA
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Best Contrarian Stocks Picks for the coming week are listed below. We remain bullish on the markets but have become more cautious.
volc long
dnb short
htr short
skul long
nus short
fxa long
ajg short
sid long
gme short
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