China’s regulation to close the Bitcoin exchange accounts by April 15. With this passing, does that means that the selling has stop? 1. Resistance at $501 from Chikou Span 2. Current trend bearish; below kumo 3. Leading kumo flattening; suggest consolidation.
There are definitely more than 4 stocks that still looks bullish on the Ichimoku charts. However, my favourites are : I have chosen them for the following reasons: 1. They have cash. 2. They are market leaders within their segment 3. Pricing power and economies of scale. 4. Technically… Continue reading $AAPL, $AMZN, $IBM, $BIDU : 4 stocks above kumo
Reuters just reported that Cisco (CSCO) will have a sales miss for this quarter with more jobs cuts expected. The key points to note for Cisco is as follows: 1. Cisco’s core businesses is UNDER THREAT. On the low end, competitors comes in the form of Netgear (NTGR), despite the fact that it owns… Continue reading Cisco Systems Inc (CSCO): Gappy Charts and Bearish