Bitcoin tries a restart
After a long slump comes finally the next attempt. Will this one lead to old highs? Probably not, but… …nonetheless it could be traded. Always try to get in early when the time comes, but be prepared to get shaken out. Retry and eventually you will be on board for the long run and then […]
Will Augur become the new global market?
Cryptocurrency Augur (REP) doubled within a week. Augur is a “betting coin” or a decentralized prediction market that uses game theory. The news that seems to drive the price currently is a new system called Veil. This thing wants to be useful for trading everything under the sun. In very short words: Veil wants to […]
Microbot runs up on patent grant
Microbot Medical (MBOT) is on a terrific intraday run after the grant of a patent by the European Patent Office. Currently it is up 233% compared to yesterday’s close.
Bitcoin is on the brink of dropping
Bitcoin slipped during the last night some percent lower and revived interest after a phase of lowest volatility, albeit in the wrong direction. See the daily chart below including the glory highs of 2017. Many investors having an interest in strong crypto markets are touting bitcoin since month as forming a bottom, even a classic […]
Nio is restarting after IPO runup
After ipoing some weeks ago, shooting up directly after that IPO, and sliding since, Nio (NIO) is attempting a restart. Nio is a Chinese company producing electric vehicles. Surely this is a growth market, and China is the largest market for EVs. But the competition is also large with Tesla and the incumbent car makers. […]
India Globalization does factor thirty
India Globalization (IGC) had an almost incredible run in the last weeks. Is this pump and dump combined with a short squeeze? Some sources claim this is a stock located in the health care business. It seems to have issued a plan about entering the cannabidiol-infused energy drink space. On its ascent it managed to […]
Tilray from IPO to dream trend
Tilray (TLRY) raced from its IPO eight weeks ago after a short breather four times higher. Many called the IPO price high and now the market became even more optimistic. Insane or indicator for more in the nascent pot industry? Opinions appear to be very mixed out there in the world of the analysts, but […]
Dogecoin shows relative strength
Dogecoin, a so called altcoin, fights against the downslide of the general cryptocurrency market. Upper charts are Dogecoin and lower are Bitcoin for comparison. The daily chart at the right shows an upshot of about factor three in about two weeks. The relative strength seems to be caused by Yahoo Finance. They announced that Dogecoin […]
Tandem Diabetes Care 1500 percent
Tandem Diabetes Care (TNDM) ran up more than factor 15 in half a year with a remarkably smooth trend. The weekly chart at the left reveals a straight trend running for about half a year, but it shows also that this seems to be some sort of turnaround situation.
Bitcoin ETFs shot down again by the SEC
The SEC rejected on Wednesday nine bitcoin futures tracking ETF proposals all at once and the bitcoin price didn’t react much. See the weekly (left) and daily (right) charts below. The small run up yesterday and the fall back occurred mainly before the SEC published its decision. The situation is somewhat similar to the one […]
BioLife Solutions restarts tenfold increase
BioLife Solutions (BLFS) just made a restart in a trend that pulled it up tenfold in about one year.
AMD strikes back
AMD reported earnings during this week and convinced Wall Street with some good numbers. Let’s look at the chart of the last 15 years, which shows a new long-term high. Important here are not the numbers themselves. They are not that impressive. AMD managed to earn $116 M and to grow revenues 53% year over […]
Bitcoin is at a critical support level
During Friday, Bitcoin dropped to or even through its critical support level at around $6000, which it reached on the 6th of February earlier this year as seen in the weekly chart below. What does that mean now? Nothing good. But that doesn’t necessarily mean that it will drop more severely if it penetrates the […]
The apple rushes into the sky
The Apple Rush Company (APRU) rushed more than factor 250 up and into the sky in only nine month. What an apple tree! The weekly chart at the left demonstrates that there has almost never been a weakness all the way up. Apple Rush seems to make carbonated juice drinks and that without anything other […]
Nutanix makes new ATH
Nutanix (NTNX) is a leading provider of cloud infrastructure selling hardware and software. Their product is called hyper-converged infrastructure or HCI. NTNX is packaging commodity hardware with arguably the industry leading software product for powering “the cloud”. The HCI market is expected to grow like 50% for the next years. NTNX is the market leader […]
