WHAT IF YOU COULD TURN BACK TIME? Everyone makes mistakes.
Break rules.
Not being discipline.
Fight the trend.
And the list goes on.
And sometimes you wish you could turn back time and "RETRADE" again. But that's not gonna happen.
What if you REALLY could turn back time?
What are the thing you would have done differently?
I just want to share this counter-intuitive theory.
In order to win, you must lose first.
"
I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. Twenty-six times I’ve been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed. " - Michael Jordan
And if you want something you never had,
you must be willing to do something you have never done
Here are the major indexes 6 months performance:
SPX -19%
DOW -13.9%
NASDAQ -27%
TAIEX -14.90%
DAX -16.7.88%
CRYPTO TOTAL MARKET -60%
SOX -33.5%
-What did you observed ?
-What would you do if you could turn back time?
-Would you do anything different?
-Would you have gone long knowing that it might due for a (major) correction?
Below a compilation of the BIG CAP stocks that the proprietary Momentum Theory Indicator indicating bearish momentum divergence prior the corrections.
They said prevention is better than cure.
Do you agree ?
Embrace your mistakes!
Do not be afraid to make mistakes!
Mistakes are proof that you are trying.
Momentumstrategy
REVIEW $AMHBearish
Fundamental
- Funds are distributing
- High PE
- High PEG ratio
- Rate hike is not good for REITS
TA
- Bearish momentum divergence ( first sign of bearish ) Must proceed with care if LONG
- Price broke down upward trend line
- Rejected trend line with long wick
- Formed head and shoulders formation
- Price below major S/R level confluence with 0.3 Fibo = Strong trend downwards
WATCH $ACTGBullish
Fundamental
- Funds are accumulating
- Decent earnings
- Positive PE
- Positive PEG ratio
- Weak sector
TA
- Falling wedge price action = bullish if broke out
- Price broke out. Looking for a retest
- Currently resting below major S/R level
- Supported by POC
- Momentum theory broke out
WATCH $968Bullish
Fundamental
- Leading industry
- healthy fundamental
-
TA
- Correction momentum is diminishing forming a potential bullish pennant
- Price is still within upward trend
- Price is under pressure with POC level
- Will be keen
1) price above POC
2) price above 200MA
3) price breakout pennant
4) momentum breakout
accompanied with volume !
WATCH $PDDBullish
Fundamental
- Funds accumulating
- Good earning
- Positive P/FCF
- Positive PEG
- Positive PE
- Undervalued
TA
- Price out of woods
- Broke away from downtrend line
- Price above POC = everyone who bought at that level are making money
- Price resting at major S/R
- Momentum out of the woods turning positive
* falling wedge = momentum of price free fall decreases over time
REVIEW $METABearish
Fundamental
- Declining user
- Declining user time on platform due to switching to tiktok
- Funds distributing
- Overvalued
TA
- bearish momentum divergence ( first sign of warning )
- Price broke down 2 years upward trendline / retest / rejected
- Price rebound and rejected 0.5-0.618 strong level = strong trend to the downside
- Strong rejected at major S/R level
- Momentum theory indicator turned red