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Twitter shares have been trending lower for the past few weeks and an opportunity to catch this selloff is emerging. A descending trend line can be drawn to connect the latest highs of price action and a pullback is occurring at the moment.
Using the Fib tool on the latest swing high and low also indicates that price is pulling up to an area of interest near the 38.2% retracement level. This also coincides with the dynamic resistance at the 100 SMA.

Speaking of moving averages, the 100 SMA is safely below the 200 SMA so the downtrend is likely to carry on. Stochastic is already indicating overbought conditions so it’s likely that sellers will take over soon. RSI is still rising but is close to the overbought levels as well.

Recent reports from the company have been indicating a stagnating user base, which limits the company’s ability to monetize and lift Twitter shares value. Based on its fourth quarter 2015 earnings,*revenue jumped 48% year-over-year to $710.5 million from $479.1 million, slightly outpacing analysts’ consensus around $709 million.

However, the number of users was stuck at 320 million, unchanged from the previous quarter. Shareholder sentiment is also turning negative, with top firms lowering their target prices for Twitter shares.

Twitter shares could find resistance at the current $15.89/share level and make its way back down to the previous lows of $14/share. Analysts are even projecting a possible break to $13/share in the near-term, given the downbeat outlook for the social media company.

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BTCUSD Price Technical Analysis – Bounce or Break?




BTCUSD price has formed higher lows and lower highs on the 4-hour time frame, creating a symmetrical triangle pattern. Price is now testing the triangle resistance and might turn back towards support if the $410 area keeps gains in check.
Stochastic is in the overbought area so buyers might need to take a break soon and let sellers take over. In that case, BTCUSD price could make it back down to the bottom of the formation near $380. RSI is also heading south so price might follow suit.

In addition, the 100 SMA is below the 200 SMA so the downtrend is likely to resume. However, the moving averages are edging closer to each other, signaling that an upward crossover might be possible. If so, more buyers could join the fold and push BTCUSD price past the triangle resistance.

In that case, price could rally to the next ceiling around $450-465. Stronger buying pressure could even take it up to the previous year highs at $500. On the other hand, a return in selling pressure could lead to a move below the triangle support and a test of the lows near $300.

Event risks include the upcoming release of the FOMC minutes, as more hints of staying put in March could mean more losses for the US dollar and therefore more gains for BTCUSD price. Data from the US economy has been somewhat weaker than expected and Fed officials have expressed their concerns about falling commodity prices and financial market volatility.

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Resistance Turned Support on Microsoft Stock

Microsoft stock recently made a strong upside break past a key resistance area at $48 then zoomed up to a high of $57 before showing signs of a pullback. Using the Fib tool on the breakout move shows that the 50% level lines up with the former resistance area and 200 SMA, which has held as support.

This puts Microsoft stock on track to test the previous highs or perhaps even go higher. Stochastic is on the move up, which means that buyers are in control of price action. Also, RSI is pointing up to indicate the presence of bullish pressure.
In addition, the 100 SMA is above the longer-term 200 SMA, confirming that the path of least resistance is to the upside and that the uptrend is likely to continue. However, larger retracement, if it occurs, could still find support at the 61.8% Fib or $46.


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Investors who are new to the world of finance might be under the impression that they have to put their money in the stock market. While you can make some strong gains when you buy and sell stocks, you have other choices, such as oil trading.

However, like any other business stock trading is also risky. You also can lose big on the stock market if you do not play well. Conversely, there are several myths as well that one needs to burst. We have listed many of the myths you should know about the stock market. This way, you can make an informed decision about where to put your money.

1. Investing in stocks is akin to playing blackjack. Because of this myth, people stay away from the stock market. But this is not true. Investors make a calculated risk when they buy stocks. They consider the companies and their profit and loss statements carefully before deciding which ones to pick. When you buy stocks, you are part owner of the company. You do not only have claim on the company’s assets but also on a small proportion of the profits the company generates. At times, investors make the mistake of taking shares as merely a trading vehicle, neglecting the fact that owning a company’s stock means having an ownership in the company. Prices go up or down because stockholders are trying to determine the profits a company will make. Gambling, on the other hand, represents no ownership in anything.

2. The stock market is for rich people. In fact, average workers can and do invest in the stock market. Many companies offer their employees stocks as part of their benefits packages. 401 K plans usually invest in stock markets. If you own IRAs or mutual funds, you are investing in the stock market. You also could just go online to buy individual stocks that aren’t part of the fund. People made a lot of profit this way because they knew when to buy a bunch of stocks. For example, many people bought stocks during the Great Depression and the 2008 Crash.

3. Fallen angels will increase. This myth is not a good one for beginning investors. If you choose to buy a stock that is trading at a 52-week low, you are likely to get hurt. Your investment isn’t likely to gain profits and will cost you plenty. That’s not to say that you can’t get deals during a stock market crash. You have to be wise about which ones you choose. You have to look for the ones that have consistently performed well before the crash. Those are the ones that are likely to rise from the ashes again. Price is only one indicator of whether the stock is a good buy. For example, say company X performed well last year but the price dropped to $10 a share while company Y was steady and increased from $5 to $10. The better buy is the second company. The reason is that the smaller company is on an upswing and probably is showing something that will improve the stock price. It could have issued a press release about a new product or recently hit a milestone in sales. Or it could have cut its expenses, which improved its revenue stream and outlook.

4. Stocks that go up are ready to fall. Not everything that goes up comes down. You don’t have to worry about gravity on the stock market. Consider Berkshire Hathaway’s stock. More than two decades ago, the price rose from $7,455 to $17,250 per share in a short period. If you thought the stock would nosedive and sold your shares, you would have missed the rise to $170,000 per share over the years. Despite this example, you must know that some stocks will decline. The price of the stock reflects how well the company is run. It the company is well-run, it could keep increasing.

5. You need to know a little. This is bad policy on whatever you are doing. If you only know a little about a subject, you are doomed to have problems. This is especially true with the stock market. You have to know exactly what you are doing with your money. You have to study the companies, how the price of the stocks have performed, which stocks are the best to choose, etc. The more you know, the more profits you will make. You also need to know the other products available to you that could pose a good investment.


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Apple Shares Nearing Potential Daily Resistance Zone

Apple shares have been rallying for the past few days thanks to the return in risk appetite but the longer-term selloff might resume soon. Price is nearing the descending trend line visible on the daily time frame, and this lines up with the 100 SMA.
This moving average is below the longer-term 200 SMA so the path of least resistance is to the downside and the selloff might resume. A higher pullback to the 61.8% Fib at $109-110/share could still be possible, but this would be the line in the sand for any correction.

Apple shares are likely to bounce off this area of interest since it also lines up with a former support level. Profit-taking might occur towards the end of this month, ahead of a shortened trading week and also the end of the quarter.
If so, price could drop until the previous lows above $92 or at least halfway until $98-100/share, which also lines up with a shorter-term area of interest. On the other hand, a move past the trend line could lead to a test of the 200 SMA dynamic resistance.

Stochastic and RSI are both pointing up but are in the overbought levels. Once these oscillators turn lower, bearish pressure could return and allow the downtrend to carry on.
Apple shares got a boost from the downbeat FOMC statement yesterday as the likelihood of having low borrowing costs for much longer could mean cheap credit for businesses and consumers, which would support investment and sales. However, the Fed also highlighted the weak growth outlook, particularly that of China, which is one of Apple’s largest consumer markets.

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Dragon’s Tale is an enticing Casino Role Play game and one of the oldest games in the bitcoin gaming industry. Dragon’s Tale offers players the chance to play in a totally interactive world where they will find hundreds of unconventional Casino games and will be able to meet and compete with other players.

The game also has a strong community and social component and the more a player contributes the more he can profit from the game. Dragon’s Tale is composed of several islands which players are allowed to visit according to their rank. In fact, as a player increases their level, new options and access to new islands will be unlocked.

Since, Dragon’s Tale stimulates players to give their own contribute to the game, advanced players and developers are allowed to contribute in several ways. Players can govern their own islands and can choose to help newcomers by becoming their mentors.
One of the simple aspects of the game is that anyone is allowed to organize and participate in events. Once a player reaches the level 10 he will be allowed to create tournaments for the other players to participate. The player has all the freedom to decide what type of tournament he will create. Players are also allowed to create free tournaments with no fees in order to promote sponsors and where any player can participate, but they can also use this feature to create their own tournaments with entry fees but by offering significant prizes. Besides making their own tournaments, players can participate and create in a whole lot of other events, such as Festivals.

Dragon’s Tale is an awesome game, not just by its originality but also by its simplicity, community engagement and environment interactivity. If you haven’t tried this game yet, you don’t know what you have been missing.

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We noted that much of the Bitcoin price action was bullish, which eventually ended up breaking our previous in-term resistance line. This allowed us to push our upside targets towards the fresh highs near 418 fiat, but our trade fell short following a reasonable pullback near 415 fiat. Luckily, we already have our stop placed around 410 fiat in case the pullback means business.

With Asian market moving to close and European one still in play, we can already see how Bitcoin price is consolidating between a new — and slightly tighter — trading range. So, with this said, what are our new trading parameters for the day. Let’s take a look at the fifteen-minute chart to understand it further:



As the chart shows, the new range we are looking at this morning is defined by in-term resistance near 415.98 fiat and in-term support near 409 fiat. Its a pretty wide range to take out some decent profits, but due to recent price action we have seen, we think the Bitcoin price would make us focus on further upside targets.

With this said, we would first wait for Bitcoin price to regain its upside momentum and attempt to invalidate 415.98 fiat. This action would have us put a long position towards an upside target of 418 fiat — the same as discussed in the*previous analysis. Meanwhile, we will make sure to minimize our downside risks by maintaining our stop near 410 fiat.
Looking the other way, a break in upside action would have us put a short position towards the in-term support line near 409 fiat. If the bearish action hints to continue, we will further signal a short trade towards 405 fiat — our medium-term downside target — by maintaining our stop just above 410 fiat.

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10YR US Notes: Reversal In The Making



Stock market has turned lower in the last 24 hours with E-mini S&P500 trading now down more than 25 point from its recent highs. The reason for stocks weakness are 10 year US notes which are moving nicely up into our wave (C) as we talked about yesterday. There is room for 130’00-130’50 on notes.

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Dragons.tl is home to the most imaginative gambling site and the first Casino Role Play Game in the Bitcoin industry. The games introduces a completely new gaming style enabling players to run around a virtual world filled with wonders a dozens of casino-based mini games.

Dragon’s Tale is also a community centered game and players will have the chance to meet new people and start new friendships. Player will be able to choose from several simple and unique casino mini games and have the chance to double and even triple your investment. Players can choose to invest 1 kSAT, to 1 BTC depending on what they are willing to risk.

One of the simplest and easiest games, you will be able to find throughout the virtual world of Dragon’s Tale is Needle in a Haystack. By playing the Needle in a Haystack users have the chance of winning up to 100 times more their initial investment. *In fact, if a player gets lucky enough in this game he can turn 1 Bitcoin into 100 Bitcoins in no time! Needle in a Haystack is probably the simplest and also the most profitable mini game that players will be able to find at Dragon’s Tale.

Haystacks can be found near the many farms where players can try their luck. To start playing the Needle on a Haystack minigame, players only needs to click on a haystack and choose to look for a specific item. They can pick a pricker, a thorn, a pin, a needle, and a nail or stick. If the player happens to find the item he has chosen he will immediately earn 100 times more than he invested.
So, if you are feeling lucky today, you better sign up for a Dragon’s Tale account, look for a Haystack and probably, you might end up finding a needle!

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