Author: stock genius

Ascending Triangles: Bullish Formation To identify a triangle pattern, look for a horizontal trend of peaks and valleys that follow either a steady upward trend of low points (ascending) or a consistent downward trend of high points (descending). To be considered a pattern, there should be at least two swing highs and two swing lows. In an ascending triangle, the difference between the high point and the low point gets gradually smaller with each peak on an upward trend. A flat line along the top, the resistance line, indicates the max high points that have been reached with a trend…

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What is the VWAP indicator and how is it used? The term VWAP is an acronym for Volume Weighted Average Price. Where it differs from indicators such as the MA (Moving Average) is that it takes account movements in both price and volume. This is important because it gives traders an insight into both the value of a security and the trend. The VWAP indicator appears as a single line on a stock chart. For those readers who are interested in the mathematics underlying the whole thing, here is the formula for how it’s calculated: VWAP=∑Volume∑Price * Volume​ How is VWAP used?…

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To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers…

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To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers…

Read More

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers…

Read More

To understand the new politics stance and other pro nationals of recent times, we should look to Silicon Valley and the quantified movement of the latest generation. If Bitcoin were to lose half its present value — which is not unlikely, given its extremely volatile past behavior — Tesla will lose around A$1 billion. As Elon Musk owns about a fifth of Tesla, he would then be down A$200 million. In contrast, I own no Bitcoin so I will lose nothing. Nor is Musk doing his fans any favors. As a “rock star CEO” with more than 40 million followers…

Read More