In this article, we will be reviewing the calls we made in October. On October 7, we forecasted that entertainment company, AMC, will see its share price rally to $10. On October 14, we forecasted that EURGBP will break the support level at 0.86495. Both forecasts missed their targets.
On October 17, we forecasted that USDJPY would see a price correction from 148.887 to 145. This forecast hit its target. The next day on the 18th of October, we made two forecasts. We forecasted that Cloudflare’s share price might hit a new year’s low and we also forecasted that Archaea Energy’s share price will fall to $24. Both forecasts are in progress. On October 19, we called Gold to drop to $1616 and Coinbase to rally to $100. Both forecasts were misses. That same day, we also called British-American Cruise Operator, Carnival Corporation’s share price to rally to $11. This forecast was hit.
On the 26th of October, we forecasted that Bitcoin price will fall below the year’s low at $17,775. This forecast was spot on. We called Alphabet share price to rally to $100 on the 27th of October. We also forecasted that Meta will rally to $120. Both forecasts were hit.
Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get currencies in your portfolio? Schedule a meeting with us here