#Buffett ihas not gone mad. This is just Buffett being Buffett. He is applying superb analysis to an industry where he has a depth of experience. He is taking a knowledge-based contrary view to the [wishful thinking] idea that the death of hydrocarbon fuels on our doorstep.
True...all of them are down, especially $BYND, but doesn't change the GREEN movement.. I just finished a great steak dinner but can't deny the future of Green.
Pictured is a 4 hour chart showing buying demand at 46.21 then a retracement that dipped to 47.02 / a higher low (retracement happened after the spike off the low).
Thank you for allowing me to revisit t/a. I've watched a video and brought back some memories to the basics. It's much appreciated. I agree that the close below the 100 and 200 moving average is a bad sign.
That said, we have a few things going for us. This area is a key level of support. If this area breaks, then you're right, we're in for some problems.
If we look at the 4 hour chart, which I'll display next screen, we actually see some pretty heavy volume come in at 46.21 on the rise to 53.40. The dip after returns, but this time, to 47.02 making a higher low.
I'm going to look into options and short interest but as long as we hold these levels, a reversal could be in store. I agree with your analysis and the smart thing to do here for both of us, would've been to await further validation, but to me, many people likely already entered on that 4- hour candle.
An attempt reversal also appeared between March and April.
From a t/a perspective right now, what are you seeing in $RUN? If you wouldn't mind sharing a rundown?
I know what I see. I see bearish weekly candle. RSI that has only gone lower than this at beginning of pandemic and is historically at a support level. And macd looking to change directions positive. Golden cross on moving averages should form soon. I'm using weekly chart and analyzing $RUN.
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Has Warren Buffett Gone Mad?
#Buffett ihas not gone mad. This is just Buffett being Buffett. He is applying superb analysis to an industry where he has a depth of experience. He is taking a knowledge-based contrary view to the [wishful thinking] idea that the death of hydrocarbon fuels on our doorstep.
Warren Buffett Stocks: Floor & Decor Holdings, Inc.
Gotta love Buffett.
Plant-Based Food Stocks Index Has Continued To Decline In May
Good point...same goes for EV vs Gas as we are all learning now.
Plant-Based Food Stocks Index Has Continued To Decline In May
True...all of them are down, especially $BYND, but doesn't change the GREEN movement.. I just finished a great steak dinner but can't deny the future of Green.
Plant-Based Food Stocks Index Has Continued To Decline In May
Interesting... I think it will go the way of the EV industry, slow to change but it's inevitable... I'm holding and adding $BABYF.
Impact Investors And Contrarians Can Unite Behind Clean Energy ETFs
Great read, thanks.
4 Clean Energy Stocks Set To Outperform Says Evercore ISI
Pictured is a 4 hour chart showing buying demand at 46.21 then a retracement that dipped to 47.02 / a higher low (retracement happened after the spike off the low).
charts.stocktwits.com/.../original_318888656.jpg
Solar ETF also provides insight:
charts.stocktwits.com/.../original_318896464.jpg
Great work and conversation. I like that you're not offended, defensive, or any nonsense. Willing to discuss. Nice to meet you, brother.
4 Clean Energy Stocks Set To Outperform Says Evercore ISI
Thank you for allowing me to revisit t/a. I've watched a video and brought back some memories to the basics. It's much appreciated. I agree that the close below the 100 and 200 moving average is a bad sign.
That said, we have a few things going for us. This area is a key level of support. If this area breaks, then you're right, we're in for some problems.
If we look at the 4 hour chart, which I'll display next screen, we actually see some pretty heavy volume come in at 46.21 on the rise to 53.40. The dip after returns, but this time, to 47.02 making a higher low.
I'm going to look into options and short interest but as long as we hold these levels, a reversal could be in store. I agree with your analysis and the smart thing to do here for both of us, would've been to await further validation, but to me, many people likely already entered on that 4- hour candle.
An attempt reversal also appeared between March and April.
charts.stocktwits.com/.../original_318888269.jpg
4 Clean Energy Stocks Set To Outperform Says Evercore ISI
Better rsi picture:
charts.stocktwits.com/.../original_318854111.jpg
4 Clean Energy Stocks Set To Outperform Says Evercore ISI
From a t/a perspective right now, what are you seeing in $RUN? If you wouldn't mind sharing a rundown?
I know what I see. I see bearish weekly candle. RSI that has only gone lower than this at beginning of pandemic and is historically at a support level. And macd looking to change directions positive. Golden cross on moving averages should form soon. I'm using weekly chart and analyzing $RUN.
charts.stocktwits.com/.../original_318853881.jpg