Litentry is poised to become a core infrastructure layer for decentralized identity (DID) and reputation within the evolving Web3 ecosystem. As on-chain activity expands across multiple chains, the ability to aggregate user identities, credential data, and reputations into a unified, privacy-preserving framework becomes critical. Litentry’s platform enables...
Gold Royalty Corp. Investment Thesis Company Overview: Gold Royalty Corp. is a growth-oriented company focused on acquiring gold-focused royalty and mineral stream interests. It offers investors a unique proposition by providing exposure to gold with less operational risk compared to mining companies. The company's portfolio includes royalties on various stages...
Financial Risks and Solvency: Revenue Growth: Alibaba has shown consistent revenue growth across its segments, particularly in its core e-commerce and cloud computing businesses. However, the growth rate has decelerated compared to previous years, indicating potential market saturation or increased competition. Profitability Concerns: Despite revenue growth,...
Technicals Within depression zone (market cycles) Weekly RSI bullish divergence At major Support level Financial Risks and Solvency: NIO Inc. has shown significant growth in revenues, with total revenues reaching RMB19,066.6 million (US$2,613.3 million) in the third quarter of 2023, marking a 46.6% increase from the third quarter of 2022 and a 117.4%...
Technicals: - Stonks XD Overview: Jumia Technologies AG, often dubbed as 'Africa's Amazon', is a leading e-commerce platform in Africa. Despite a challenging economic environment, Jumia has shown resilience and adaptability. With a market capitalization of $351.98M, Jumia is navigating through a transformative phase, focusing on cash efficiency and profitable...
Technicals - Oversold RSI - Matching trend for market cycle (very close to depression) - Strong chance of capitulation complete (83% down over 973 days) - Far extension from 50MA Macro - FED to begin cuts (mainly bullish in long term) Investment Thesis Overview: PayPal Holdings Inc. stands as a dominant player in the digital payment sector, having...
Technicals: Target = 121 - Above 21 EMA ^ 20 SMA - Middle of rising HTF channel - Multiple bounces off golden fib levels (~102) - MACD building momentum to upside Macro - LEI, T10Y2Y, ETI signaling recession - Record US consumer debt >$1 Trillion, personal savings below pre-pandemic levels - ~22% Commercial Bank interest rates on credit cards on commercial...
FOMC today not expected to be much different; data dependence. US last GDP print was 5.1%, unemployment 3.7% and we've been fueled by an AI hype (NVIDIA). How does the FED react though? They can't afford to be Infront of the curve, i.e. QE before inflation is meaningfully and confidently on downwards trajectory. They man even weaponize FATE to have 2%...
So we're finally going to see the recession in 2024, 2023 was a trap, everyone called for it thus it worked in the opposite. Now narrative is "its all gooood XD", unfortunately oil and gas is very likely to go higher, coupled with winter approaching... TA: False break-down, bouncing off 200W MA, break-back into wedge pattern and start to build momentum for...
Alt coin reckoning to commence soon... $4.20 is a meme therefore it must happen haha
History doesn't rhyme but it often repeats. Technical Analysis: Rejection from 21W EMA & 20W SMA $11 repeat support tests will eventually breakdown, especially with Q3 and Q4 being historically poor performance for alt coins. Side this with actual recession now going to play our as opposed to initial fears. Worst case scenario; $4.20 (hehe) as strong...
Test of 0.618 golden Fib level. Long dollar conviction and confluence grows if breaking past 0.65 fib level. We've had great earnings, GDP and stronger than expected labor markets. Chicago CPI levels expectation coming in hotter. Papa Powel may have to spank markets down; they can't have risks of un-anchored inflation expectations. Labor is tight, growth is...
*Insert meme - "IT'S A TRAP"* tOO SOON Buy the rumour... sell the news XD Learnt this the hard way (flashback to Elon going on SNL to pump doge) *crying emoji*
Critical news coming: - FOMC - Core PCE - Tech giant earnings Looking for 60%. Sabr.
We are in the midst of a possible fake out and experiencing the move higher above resistance between 102-3. Fib based on Dot com high to 08 crisis. Key factors for speculation to play out: - FED is hawkish during July FOMC - Core PCE comes in hotter Other impacts: - Oil breaking higher with confluence (Inflationary) - Gasoline 52W high and set for moves...
Fairly self-evident; Top of rising channel, RSI near 70.
Confluence: - Possible rejection from rising channel - 0.786 fib level going to test golden 0.618 fib level - extended from 50D SMA Contributing factors: - 68 RSI - Extreme greed in stock markets - Recession still to play out Short opportunity with 4% downside. Depending on FED speech, Core PCE numbers, and major stock earnings, we could be headed to test...
Possibly forming head and shoulders? *DUBIOUS SPECULATION!* Wait for confirmation & confluence