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Bitcoin Trending Down in Early September, Potential October Breakout
Bitcoin has started to trend down during the first week of September. Bitcoin has reached my first price target around $55k – $56k, and I’m monitoring to see if BTC can reach the second target around $50k. I think Altcoins have been holding up pretty good, they are already at great prices but there is […]Read More
SBUX Trying to Flip Resistance Into Support
SBUX has experienced a huge spike after hiring a new CEO. I shared my thoughts about Brian Niccol on the day of the announcement, I think he will have a huge impact on Starbucks. Currently SBUX has been trading within a resistance zone between $90.40 and $96.60. I think SBUX is trying to flip this […]Read More
Yield Curve Flips Positive
I talked about the yield curve uninversion a few days ago, and now the yield curve is trending on Twitter. The yield curve rising above 0 should raise some concerns for a recession. However, the process still takes a few months for a recession to begin. For now this is yet another warning sign to […]Read More