Objective Forex

Friday, June 2, 2023

Mid year update for 2023

New Beginnings and Looming Concerns
(6/2/2023)

Welcome back once again traders, I hope you didn't forget about us or think this blog went into disarray. Let's get down to business. BTC gained quite a bit from our last mid year update one year ago. I hope many of you have prospered from this. However I also understand that bitcoin went quite low after that in addition to the drama with all the exchanges that went down and frauds associated, and with this BTC reached as low at 15.4K. However, once again we are optimistic and with the addition of AI in the pipeline we see many opportunities to be had and BTC has continued to move upwards slowly but surely.

We still remain bullish on BTC as the 27K support level as of 6/2/2023 seems to be pretty strong. Please see our other pages for crypto selections. Unfortunately the crypto market has been hit hard but as always when there is blood in the street it's time to buy. We see BTC continuing slowly at a stagnant pace upwards until further developments. 37K predicted for next year.

The Economy


Primarily in the USA things are looking a bit shaky as the government just passed a law increasing the debt ceiling once again and inflation continues to grow at a rapid pace, there could be unforeseen consequences due to this which we are not sure yet how they will affect the crypto markets and the entire financial landscape of the world. We will be closely monitoring everything this following the end of year period and the one thereafter with more frequent updates. As always, we thank you for following with us fellow traders.


Check out our new partner the Basilisk Foundation, and contribute to AI development.

Crypto

We will update crypto stocks at a later time.

Stocks

NVDA (NVIDIA) $180.90
NVIDIA has been dragged down from highs over $300 a share based on a variety of factors however despite the company warning of a slight earnings decline we see this as a cautious move and look to add this to our long term portfolio.(Previous update pick)

We will continue to monitor NVDA but it has given us quite a few gains in the last recent times due to AI chip demand.

Speculative plays


IONQ (IonQ) $6.71
One of the leading manufacturers for quantum computers and quantum computing. We still believe in this pick and feel like this should be one to tuck away for a long time in your personal portfolio, last time we were around $8 a share and this time we have an absolute bargain, we don't see this one getting any lower just based on absolute belief and power in this theoretical concept that is worked on every day.(Previous update pick)

IONQ remains a solid pick and has had a wild ride going up to over $12 a share since we shared it and we still recommend this one as a volatile trading pick.


Online Social Casino Gambling

Social Casino's have exploded in popularity recently and we can definitely see why. Online gambling laws have changed and these companies use work arounds letting you purchase fake money to gamble with while also awarding you free "sweeps coins" to use to gamble which you can withdraw into real money. We've found a few different sites that are excellent and continue to pay out on a consistent basis.




If you're interested in trading stocks and/or cryptos right now, use our trusted broker robinhood, using this link will grant you a free stock as a welcome bonus.

Or use Crypto.com for a safe android and IOS app, gain $25 in CRO when you make your first trade.

Use our trusted stock tracker Finviz, for all your stockmarket ticker research and data gathering needs.

Monday, August 8, 2022

Mid year update 2022, bitcoin decline and possible bull market

Mid year update for 2022

Big bitcoin decline and possible bull market coming

Welcome back traders, as you all know BTC lost some value in the last months but we are strongly resisting at the hard 20k support line, support continues to grow as bitcoin reaches 23,400, as of this posting there may be breakout movement occurring as the price of BTC has touched 24,202.4.

We remain bullish on BTC as the 20k support level has continued to hold despite all the "fud" that has occurred in the crypto space. We will go ahead and make a massive prediction and say that BTC will continue to slowly grow reaching about 38k close to November, before a slight Christmas pump happening in either December or January next year. We will continue to recommend BTC as a speculative investment with good value.

Crypto

CRO (Crypto.com) is still one of our preferred picks even after reaching 0.92 cents this crypto has been dragged back down to near purchase levels from over a year ago only due to the BTC bear market, CRO stands tall at 0.154 cents a coin. 

ZIL (Zilliqa) is still a top pick for us as well, despite the drop due to the last month long bear market ZIL has recovered quickly and continues to grow.

LUNC (Luna Classic) is an interesting and high risk play that we have found, despite the ultimate death of the company traders continue to accumulate LUNC and the price has held steady recently at 0.00010122, with any big sales and drops being bought up quickly. This could be an interesting play to dip into with a small position.

Stocks


Stocks have been punishing us quite hard since our last update, none of our stock picks have turned out to do very well other than GOOD and PNNT.

IRBT (I Robot Corporation) $59.54 or as you know our precious Roomba stock has been purchased by Amazon at a buy out share price of $61 a share, this is better than what we've hit before at the low but still a disappointing conclusion to this trade despite good news. We will look to close out near the buy out price and enter another high value position in the coming weeks.

GOOD (Gladstone Commercial) $20.04
Remains a great investment, great profit generation and a solid dividend. 7.503 Dividend yield

PNNT (Pennant Investment) $6.45
An investing firm with a diversified portfolio and outstanding financials, we have dropped slightly from our entry point at over 7 dollars however this company continues to deliver with their dividend and high risk high reward business proposals. 8.14 Dividend yield

ACAB (Aurora Cannabis) $1.67
A staple in the cannabis stock industry being beaten down unfairly from over $10 a share last year, revenue is trending upwards and we see this as an undervalued company at these levels good to hold for a longer time scale.

NVDA (NVIDIA) $180.90
NVIDIA has been dragged down from highs over $300 a share based on a variety of factors however despite the company warning of a slight earnings decline we see this as a cautious move and look to add this to our long term portfolio.

Speculative plays


IONQ (IonQ) $6.71
One of the leading manufacturers for quantum computers and quantum computing. We still believe in this pick and feel like this should be one to tuck away for a long time in your personal portfolio, last time we were around $8 a share and this time we have an absolute bargain, we don't see this one getting any lower just based on absolute belief and power in this theoretical concept that is worked on every day.


Online Social Casino Gambling


Social Casino's have exploded in popularity recently and we can definitely see why. Online gambling laws have changed and these companies use work arounds letting you purchase fake money to gamble with while also awarding you free "sweeps coins" to use to gamble which you can withdraw into real money. We've found a few different sites that are excellent and continue to pay out on a consistent basis.




If you're interested in trading stocks and/or cryptos right now, use our trusted broker robinhood, using this link will grant you a free stock as a welcome bonus.

Or use Crypto.com for a safe android and IOS app, gain $25 in CRO when you make your first trade.

Use our trusted stock tracker Finviz, for all your stockmarket ticker research and data gathering needs.

Friday, April 29, 2022

Let's make some bread

Welcome back traders, since our last post bitcoin has made some moves. Hopefully we once again helped you capture some gains. As of this post we see bitcoin at $39243.8 dropping slightly and testing support. Bitcoin has been climbing recently attempting to test the delicate 40k barrier.

We as always recommend Bitcoin as a solid hold BTC holds strong at current resistance levels and we see a steady growth towards the 45k range before stronger action occurs. 

We have updated our Cryptocurrency Picks page once again with a few new picks.

Crypto

CRO continues to be one of our favorite picks, holding strong at key resistance levels and staying in the 0.39 cent area.

We have a new pick in cryptos, ZIL (Zilliqa) currently price at $0.0868 a piece, they strive to solve the issue of blockchain scalability and according to the chart the technicals look great, we are initiating this play with decent confidence.

Stocks


We have two new fresh stock picks for this year and beyond. We're playing it safe with these curated picks, we have two dividend powerhouses that are poised for increased growth while providing monthly dividends.

GOOD (Gladstone Commercial) $21.94
real-estate investment trust with aggressive tactics, proven track record and excellent revenue management. We're in here for a few years. 


PNNT (Pennant Investment) $7.52
An investing firm with a diversified portfolio and outstanding financials, proven track record of regular large dividends and a great price entry point.


Speculative plays 

IONQ (IonQ) $8.22
One of the leading manufacturers for quantum computers and quantum computing, even as a speculative company they are on the cusp of achieving profitability, in addition to being a excellent long play on quantum development.



If you're interested in trading stocks and/or cryptos right now, use our trusted broker robinhood, using this link will grant you a free stock as a welcome bonus.

Or use Crypto.com for a safe android and IOS app, gain $25 in CRO when you make your first trade.

Use our trusted stock tracker Finviz, for all your stockmarket ticker research and data gathering needs.

Thursday, December 30, 2021

End of Year Update

Welcome back traders, and first of all thank you all for being with us. We hope you've had a great year because we certainly have. After our last post Bitcoin had some interesting action, dropping back down to $32,000 before slowly lumbering back up to a brand new all time high of $68,990! We imagine many of you were able to capture some gains here or like us have just continued holding.

We still recommend Bitcoin as a solid hold and see new all time highs in the future for 2022. BTC is looking strong right now at $47,000 with extremely heavy support at the $45,000 levels, this is looking like a great entry price as the new year begins. 

We have updated our Cryptocurrency Picks page once again with a few new picks.

We just want to highlight a few of our picks since our last post that have worked out well for all of us.


We alerted CRO at $0.19 on 3/12/21 and CRO currently sits at $0.557, after briefly touching $0.92 which is a 382.4% increase. We continue to support CRO and believe this is an exchange and exchange coin that is here to last with their excellent marketing, possibly rivaling Binance.

If you're interested in using the next best crypto trading exchange check the bottom of this post for the Crypto.com invite.

CAKE is at $12.05 after our alert at $10.95 on 3/22/21, but this is only after a legendary run up to $42.59, congrats to anyone that captured these gains in addition to staking rewards.

NANO, also known as XNO now after a ticker change had a nice run after our alert reaching nearly $12 per XNO.

ALGO is another staple in our portfolio, we alerted ALGO at $1.08 on 3/12/21 and it sits comfortably at $1.62 right now after a temporary run up to $2.37. This is one to keep in your portfolio.

XTZ is another solid choice, with Coinbase support and a great ecosystem for their token, we alerted XTZ at $2.73 on 6/12/20 and since then it has reached $8.31 and stays stable at $4.41 currently.

BAT is a great mention, with an actual product and avenues of revenue BAT has had incredible trading action bouncing around. We alerted BAT at $0.78 on 3/12/21 and since then BAT has achieved an all time high of $1.76 and currently sits at $1.20.

Honorable mentions to ETH, BSV and ETC. We still see value in these plays, especially ETH and will continue to try and extract growth here. 

We are formally announcing our alliance with Donkcoin.org. DONK is now one of our longtime partners and after speaking with the dev team we are excited to announce our exclusive partnership with them on the BSC network. With locked liquidity and a stacked list of improvements and goals this token seems to be a crowd favorite with a 1.1% RFI for all users promoting an easily exchangeable token.

Stocks


We're taking a pause on stock recommendations before the new year. We're sad to say our most confident pick of IRBT did not work out as expected, although we still see it as a great pick. 

We will have a few newly discovered stock picks for everyone on our 2022 new year preparation post coming very soon.

Thank you again for staying with us, and we will continue to give you objective input on the stock/forex and crypto world.

If you're interested in trading stocks and/or cryptos right now, use our trusted broker robinhood, using this link will grant you a free stock as a welcome bonus.

Or use Crypto.com for a safe android and IOS app, gain $25 in CRO when you make your first trade.

Use our trusted stock tracker Finviz, for all your stockmarket ticker research and data gathering needs.