To The Moon

Palantir Is The Glue

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Speculation circling that Amazon could launch a takeover bid for AMCThe news is also providing much-needed support to bankrupt CineworldRationale for a deal holds water, but not at current valuationsWe believe a takeover of AMC is unlikely given its bloated valuation and burdensome debtAMC’s valuation will be tested over the next month as investors wait to find out whether it can go ahead with its APE conversion planCharts (5)Amazon $Amazon.com(AMZN)$ is considering launching a takeover bid for AMC Entertainment $AMC Entertainment(AMC)$ , as it looks to snap up the cinema chain’s 600 theatres to push its Amazon Prime content and boost marketing efforts.The report, citing unnamed sources, says Amazon has be

AAPL continues to trade in the ascending triangle after Friday's rejection at the resistance zone. This is the 4th try within 6 weeks. Can we get to see that push above 157.5 after the FOMC meeting this week? Let's break down the technical analysis! What Is The Ascending Triangle Pattern? The ascending triangle pattern is similar to the symmetrical triangle except that the upper trendline is flat and the lower trendline is rising. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows. Price approaches the flat upper trendline and with more instances of this, the more likely it is to eventually break through to the upside. Ascending Triangle Trading Strategy An ascending triangle can be seen in the chart above. Leadi