Possible Reversal Stocks
Decent fundamentals
High delivery
Near supertrend support.
@mystockedge
More from Learner Vivek Bajaj
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Eagle Stocks:
The stocks that are outperforming the market, have their own strength and are capable of flying above all other stocks far higher.
This thread is the list of Eagle Stocks from my Combo scan using @mystockedge
If you like the list retweet for benefit of others.
https://t.co/k4mbQCM638
https://t.co/BQKa0e4tS3
https://t.co/r0OQQaNRhS
https://t.co/LYCH6vDV0g
The stocks that are outperforming the market, have their own strength and are capable of flying above all other stocks far higher.
This thread is the list of Eagle Stocks from my Combo scan using @mystockedge
If you like the list retweet for benefit of others.
https://t.co/k4mbQCM638
https://t.co/BQKa0e4tS3
https://t.co/r0OQQaNRhS
https://t.co/LYCH6vDV0g
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.