Printing
EUR/USD bullish to 1.25We can see here on the weekly chart EUR is trying to break historic support/resistance level at around 1.20 which is also close to 0.29 fib retracement level.
Because of the printing of USD, DXY level is falling heavily, so im really bullish on EUR breaking the support/resistance level at 1.20 and continue to push towards 1.23-1.25 level.
LOONIE SHOWING EXTREME WEAKNESS!BANK OF CANADA DIRECTLY MONETIZING FEDERAL DEBT FOR A DECADE!
NEGATIVE REAL ECONOMIC GROWTH!
NEARLY UNPARALLELED DEMOGRAPHIC PROBLEMS!
HOT TAKE: CANADA IS THE NEXT VENEZUELA!
Gold and U-form in a BULL run !Gold is defenitely in a bull run but we're coming in a rejection place where there can be a up and down side between 1479 and around 1459 per ounce. I can see that trade war tensions isn't yet over and rise up gold to a new high.
The American Fed is now pomping money and Trump send some monetary troops to Saudia.
It's possible that American Fed could buy big Gold because they printed a lot of money and that would be a trigger.
Let's have the best week and month for our investors and traders.
ARC Document Solutions - risky trend reversal playThe printing business isn't exactly a booming industry, and ARC Document Solutions has fallen nearly 50% since its 2018 peak, and even more than that since 2017.
However, ARC is a surprisingly strong company in this space. For the full year 2018, it increased its revenue, sales, earnings, and cash flow over its 2017 numbers. The company's full year guidance for 2019 is on track with its 2018 performance, in the range of $0.17-.22 per share. In Q1 2019 sales declined year-over-year, but earnings and cash flow increased due to an effective cost reduction strategy. In that quarter, ARC reiterated its full-year guidance.
So overall, it's safe to say that the stock price has moved exactly the wrong direction, given the strength of the company and of its numbers. Apparently investors are betting against ARC because they just don't the printing sector has much future, not because of any inherent problems with the company.
But here's thing: ARC is much more than just a printing company! For instance, for several years it's been a top provider of compliance solutions for the healthcare industry, and this month it announced that it's extending that business with a new digital platform. ARC is a big business-to-business seller of marketing materials, and has expanded its large-format printing capabilities at several locations since its last earnings report. It uses cloud-based technology to manage collaboration across its work force. According to a recent employee review on Glassdoor, ARC has also expanded into "Drone Services," "3D Printing," and "smartscreens" for use by architects and engineers. In short, ARC is keeping up with the digital revolution by transforming itself into a business-to-business technology and digital records management company!
ARC's next earnings are coming up August 6. It goes into earnings with such strong analyst ratings: a 10/10 Equity Summary Score from Thompson Reuters StarMine. From a technical perspective, ARC has been forming some nice bullish divergences and recently broke a 2-week downward trend line. It has some support from 2018 lows in the 1.66-1.85 range. Volume Friday was on the buy side.
Gold Again: The Fibs don't FibHere is another look at Gold on the all-time chart. Indicators are directional movement index, correlation coefficient with BITCOIN , and a set of Bollinger bands . I like my bands to be drastic and i use OHLC average method, the reason being that I want to see all those fluctuations, I want the constrictions to be painfully obvious because constrictions signal a potential move. I'm also anticipating a strong support and bounce off the 38.2 Fibonacci line. Price could come down as much as $200 (though this is not guaranteed) in following an Elliott corrective wave (4) before continuing upward in a culminative, motive wave (5). Happy Hunting Everyone
DDD - Finding support, use SMA(100) breakout as signal- MACD bottomed out.
- Fisher Indicator bottomed out.
- Price seems to have found support at resistance of the previous breakout.
- Price was highly speculative on takeover rumors, but has seemed to settle.
- Nice profit/loss ratio with a tight stop.
- Use SMA(100) as a breakout signal
