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Cycleanalysis

The market PINEAPPLE Analogy for better tradingMany traders think that buying a stock is like buying a shirt in the store, IT IS NOT! Buying a stock is like buying a PINEAPPLE, if you understand PINEAPPLES, you understand stocks. 1 - first you have the first sprouts of the pineapple, that came from a seed, this price is extremely cheap. 2 - then the plant grows, and you have a full plant with leaves. Price is increasing with value. 3 - then the plant produces an un-ripe fruit (Green pineapple). Price is increasing with value. The farmer sells to the distributor of pineapples the un-ripe pineapple at a higher price. 4 - then the fruit becomes ripe and is ready for eating. The grocery store sells the pineapple to a restaurant at a higher price. 5- you can get the ripe pineapple and cut it open, and serve it at a higher price to a standby customer. He will gladly pay. 6 - if you cut the pineapple open or just bought it, and you didn't realize it on time (sell it to someone else), the fruit is starting to spoil, so you will lower the price just to get rid of it. 7 - once a lot of time has passed, the fruit is spoiled and no one wants to buy spoiled fruit, so the price decrease and the pineapple/stock go to the garbage. 8 - until the cycle repeats itself... Key takeaways: - Expensive can be much more expensive -> don't be afraid to buy a new high. - Stock is not like a shirt, if the price is down, it means something is wrong with it -->> the stock starting to spoil. - Cheap can get a lot cheaper. - When you buy a stock you need to look at it from the perspective of the seller/producer and not through the eyes of the customer... If you like it, press the like so this idea will be saved to your saved ideas for future reference.
NYSE:NIOEducation
by ZoharCho
1
Here it is #RioTinto #RIO #tradingview @RioTinto #mining #goldWho would have thought it?! Rio Tinto is faster than the police or the Söder allows. The shares simply do not respect the boundaries of the restrictions and cross the borders. That is forbidden, after all in Germany. In this case, Rio Tinto is making a statement with a new all-time high and thus for me an superior ongoing wave 3. With 4.8% p.a. Dividend yield one is also made happy at the moment. So everyone can get through the storm. Greetings from Hanover Stefan Bode
ASX:RIOLong
by StefanBode
2
Next target is 38kHi there, Let's work a little bit on our last plan: - Wave 4 could have not yet found its end and might consolidate into a running flat headed towards 61.8% ($31,640) or 100% ($29,120) of its first wave (blue ABC on my plan) - Nevertheless I still expect we're pumping into light green wave 4 headed towards 38k (161.8%) as double top is over - Internal count is clean and would probably lead us in the end of the last of the last impulsive waves around $37,580 (61.8%) or $39,360 (100%) - Anyway, it's a most bullish plan but we should see a strong correction after reaching that top (probably around -40%) Let's see what it turns out like!
Long
by Khosravani
1
Last bullish bit for BTCHi there, As more and more bulls are turning into bears after today's little red candle, my plan (mostly unchanged still the last published ideas) suggests we might not have reached the top we're waiting for yet. Little orange cycle just got its wave iii's retracement done on a blue ABC where wave C almost got to 100% of wave A, bringing wave iv between 38.2 and 50% of wave iii. I expect wave v to stop around 161.8% ($29,200) where the big light blue cycle begun on June, 27th (big yellow wave 3) would end and the yellow retracement begin, that should reach aroung 17-21k. Let's see how it goes, we've been doing pretty well.
COINBASE:BTCUSD
by Khosravani