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Bankingstocks

JPM JPMorgan Chase Neutral1- CCI 20 is perfectly over 140. (sideway ) 2- a little close to Resistance than support. ( little bearish ) 3- The red line is over the White line of “ACL” (self-made indicator) .( Bullish ) (ADL indicator) 4- "Multi analyzer" (self-made indicator) is uptrend and is 5 right now. ( Bullish ) 5- Close is over the red and white line ( Bullish ) 6- Mid-term channel (LR of 9months) is ascending (Bullish ) 7- Long-term trend is Bullish ( little Bullish ) 8- In bottom half of Mid-term channel ( bearish ) 9- around middle of channel ( little bearish ) Overly , Bulls are stronger Buying is suggested in reaction to bottom of the channel. Buying is also suggested after breaking the resistance around 173$ SL: depend on the setup (I will clarify later) TP1 : depend on the setup (I will clarify later) TP2: depend on the setup (I will clarify later) Beyond the technical: (do your analysis, I’m not educated in the case of fundamental analysis academically) Fair Price to Intrinsic Value: 2.72 To summarize my fundamental opinion on this stock: A little bad ( a little bearish) In case of good stocks I prefer to be an investor not a trader, but trading with lower Trading with smaller amounts can increase the overall profitability without any unreasonable risk.
NYSE:JPM
by AliSignals
Coinbase 2021 DPO = Facebook 2012 IPOIdea: Coinbase = Facebook The first 6 months after Coinbase’s DPO reminds me of Facebook’s first 14 months after its 2012 IPO. The exponential increase over the last decade in the velocity of money and how it is exchanged in the markets seems to be a reason why a stock like Coinbase can do movements that previously took 14 months in just about 6 months. That’s 58% faster if we go along with exploring this idea. As of today, Coinbase’s chart looks like it has been emulating Facebook’s. If we take a look into Facebook’s all time chart we’ll come across some interesting technical “coincidences” when extrapolating the 3.618 Fib extensions. If we take the Fibonacci of the all time high of $44.62 and the all time low of $17.43 during the first 6 months of Facebook’s life we get a 3.618 extension of $118.33 that came into existence 4 years later. If we take that all time high of $118.33 and the all time low of $17.43 and we extrapolate and do another Fib extension, the 3.618 lands at $378.76; exactly where the bull run ended (as of today) for Facebook in September of this year. It took 5 years to get to that point from the previous 3.618 extension, but the path had already been drawn. If we extrapolate Coinbase’s potential 3.618 future extensions, we get $1,022 and $3,138. As of 2021, Coinbase sits at a market cap of $68.5 billion. In the banking industry, JPMorgan Chase sits at the #1 spot with $503.5 billion. If Coinbase gets to $3,138 (basically a 10x) that would mean that it would surpass JPMorgan and achieve a future market cap of $671 billion. If Coinbase does a memeish move similar to what Tesla did recently, where it basically took over the entire car industry’s market cap, who knows where it could go. I don’t think this will happen this year or anytime soon, but if it took Facebook 9 years to get close to a $1 trillion market cap, and we take into consideration the exponential change in the velocity of money, it wouldn’t be that inconceivable to think that Coinbase can reach that valuation 58% faster, or in other words, 4 years (or let’s say 5). What’s the likelihood of this scenario happening? Who knows really, but I think that it’s more probable than not. We can take the following into consideration: Coinbase hasn’t even started offering traditional stocks through its exchange. What will happen when/if retail gets the opportunity to trade stocks like Google and Apple through mirror synthetic tokens of their stocks? What will happen when/if Coinbase provides ROTH/IRA/Retirement products through their platform? What will happen when/if Coinbase integrates a social media platform? What if the future of the said Metaverse is not within Facebook but within Coinbase? What if businesses start generating more revenue through Coinbase sales funnels? Just food for thought. Thanks for reading if you got all the way here. *I’ve been diversifying my crypto profits into Coinbase stock since late April, from the $320s all the way down to the $210s. After June, every time it went over $260 I paused accumulating. Up till now, I’ve managed to average a $242 entry price. As of the moment, I’m in a hold position, and currently not buying. Wall Street has set a short term high sell target between $385-$600 and a low buy target between $160-$220. Only time will tell.
NASDAQ:COINLong
by SamuelMedina
4
BYFC in a familiar place right nowBYFC has been doing well, obviously, there's no denying that. However, it has approached another key level that is clearly seen on this chart. The 618 fib has been a constant level of resistance ever time BYFC climbs this high, over the last year. So this week, volume is likely going to be the potential driver of direction. Will it finally leave the 618 fib in the dust or is history about to repeat itself again? "In the past five days, shares of BYFC stock have shot up by over 12%. In the past six months, shares have shot up by a solid 53% or so. The main reason behind this solid gain is the overall housing market continuing to rise in value during this time. And as a company that is heavily correlated to the real estate market, BYFC is worth watching if the price of homes continues to rise. So, considering all of this, will BYFC stock be on your watchlist moving forward?" Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of
NASDAQ:BYFC
by PennyStocks101