Community Message Board
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Lots of Red for Bitcoin This Week
Bitcoin has experienced a lot of red and downside this week. As soon as the new weekly candle opened Bitcoin has started a downtrend. This is not what I want to see after so much bullish momentum last week. However, we are halfway into the week and hopefully there will be a reversal soon. Bitcoin […]Read More
QQQ Continues to Trade Around the White Zone
QQQ has experienced neutral and boring price action since October 8. QQQ is struggling to climb above the white zone, and keeps trading sideways within the white zone. Today QQQ opened with a bearish gap lower, and is trading within the white zone again. Tomorrow we have an important jobs data announcement, I think the […]Read More
MCD Could Drop to $250
Yesterday we received terrible news for MCD stock. McDonald’s experienced an E. coli break that resulted in 1 death and numerous hospitalizations. I expected MCD stock to drop a lot more, and I remember that Chipotle’s stock took a beating after they experienced an E. coli outbreak. I think MCD is holding up surprisingly well […]Read More