Americans gets ready to go to DisneylandPotential gain:40%
Reward/Risk:5
Timeframe: 3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Moshkelgosha
Social media trading bubble example..!One of my favorite methods of analysis is the correlation study!
here you can see a correlation study of AQB vs BNGO. When you look at this comparison it is easier to understand. I did another on Tesla vs crisper, as well.
AQB was in the ARK investment portfolio and all over social media..! But they recently dumped it and sold most of it.
BNGO has never been in their portfolio, but if you do a quick search on social media, you will find all sorts of trading gurus who explain the rumors that Ark invest will pure money into this soon and it will be skyrocketed to moon..!
Please ask yourself: Why an automaker (Tesla) should have the very same price pattern Crisper a Genomic & Biotechnology company have???
Albert Einstein: The definition of insanity is doing the same thing over and over and expecting different results.
Evidence base trading..!Most newbies make a great pray case for the WOLVES of wall street (venture capitalists).
Please review all the opening days, in last 3 years, soon you will find out you can buy the new stocks, 30-90% cheaper in weeks or months..!
Let wolves and Algorithms rip each other apart, then we will join for the real play.
SFIX BUBBLE JUST BURSTI always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Most reliable channel to trade gold in the last 8 months..!Soon there will be a mid-term buy opportunity in gold, but for confirmation it should close above 1730! Then it could go up 90-100 USD/oz.
gold has strong support between 1660-1680! And It would be hard to see gold close below this level. If it happens then gold long term outlook will be Bearish.
Pre market Jumps became quite common!In the last 2-3 days many asked me about premarket moves and long candle shadows! Strangely, in some platforms these moves are so bold while in the others not, and there are lots of discrepancies between different platforms data..!
I believe the main rescan for this phenomenon could be low volume trading and low liquidity in pre and after market!
Another reason could be impatient people/investing firms who think this is going to be the last bearish day, let’s buy!
But what makes it strange is, you can see this trend it everywhere..???🧐🧐🧐
I usually tell people don’t get involved in pre and after market! Look at the main session !
Look what happened to those who bought in pre and after market this week , as soon as market was opened ,nothing has left for them except REGRET & INSTANT LOSS.
moshkel
If you think market will be saved by 1.9 Trillion stimulus..!Today many newbies are happy because US Senate just passed the 1.9 trillion bill.
But let's see what happened in the last 8 weeks in the market.(MARKET CAP CHART)
The top ten companies with the highest market cap have lost almost 1.45 trillion of their market cap in the last 8 weeks.
Hypothetically, IF PEOPLE INVEST THE WHOLE 1.9 TRILLION IN THE STOCK MARKET IT IS NOT ENOUGH FOR TOCKS TO REACH TO ALL TIMES HIGHS.
Only Google and Berkshire behaved differently in the last 8weeks and they did not lose their market cap!
Please be realistic..!
PLEASE REVIEW MY PREVIOUS ANALYSIS ON MARKET CORRECTION SINCE JANUARY 29, 2021
Moshkelgosha
Intermarket analysis Tesla & Bitcoin Correlation Tesla lost its title as the best performed stock in the last decade, will Bitcoin lose its title as the best performed asset in the last decade?
There is a strong positive correlation between Tesla stock price and Bitcoin, specially in the last trading year!
I believe Tesla will go down further (may experience some bounce backs) and couldn’t surpass its all time high in next 1-2 years. But this correlation could be warning sign for those who invested in Bitcoin recently..!
Please read my previous analysis on Bitcoin Tesla and their correlation!
DOWN VOLUME PHENOMENON IN PLTRlet’s first define Down Volume:
Down volume is the circumstance where the price of a security falls accompanied by high or increasing trading volume .(obvious in PLTR’s Hourly, DailY chart)
Down volume may indicate a shift in the trend toward a correction or bear market.
PLTR could go up to 25-27 level in next week and then it could experience another down leg.
Apple target for next week(swing trade)Target 125-128 (3-5.5%)
Stop Loss: 117.55
Reward/Risk: 1.5 -1.8
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Down volume in NIOBest trade set up is when all time frames show the same price direction. So I compare the hourly, daily, weekly, and monthly chart in NIO to show this better.
On January 2nd I published a long analysis on NIO with target price of 35% gain in first 2 weeks of January, on January 11th I closed the trade when price was 65 and I published the first short analysis on NIO when price was 57 on January 30, 2021. And predicted target price of 38-40 , 3 weeks before it happened.
I invite NIO share holders to do their research about trend and volume of trading.
I believe NIO has entered bearish market (lost 50% market cap in 5 wks). It couldn’t be correction any more when we see only 3 green candle in the last 16 trading sessions..!
Volume of the trading also confirming the BEAR scenario!
let’s first define Down Volume:
Down volume is the circumstance where the price of a security falls accompanied by high or increasing trading volume.(obvious in NIO’s Hourly, Daily, and Weekly chart)
Down volume may indicate a shift in trend toward a correction or bear market.
To wrap it up : there could be a bounce back to 42-46 level but another down leg is inevitable!
Please check all my previous analysis on NIO
Moshkelgosha