Update on Tesla & importance of Reward/Risk calculation.Last week I published a neutral analysis on Tesla, and mentioned elaborated that reward/risk is below 1 (0.83) so Tesla price has slightly higher chance of going down in the following week.
Tesla price wen down 4 days in row and made a reversal pattern on the very last day!
After making a bullish bat at hourly chart and a hammer candle at daily chart I believe the chance of price for going up is higher in the coming week:
Potential gain:12.5%
Reward/Risk:3.5
Timeframe: 1 week
*Keep eyes on call options..!
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
What a exotic chart pattern, Exposure to GoldPotential gain:+25%
Reward/Risk:5
Timeframe: 1-4 wks
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..!
Good Anti inflation choice..!Potential gain:+90%
Reward/Risk:+5
Timeframe: 1-6 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..!
Higher lows, and proper exposure to silver spot price!Potential gain:30%
Reward/Risk:3.3
Timeframe: 1-6wks
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..!
Close above resistance!Potential gain:15%
Reward/Risk:2.5
Timeframe: 1-4 wks
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..!
Repeated pattern of correction in BTCSPotential gain:+100%
Reward/Risk:6
Timeframe: 1-4 wks
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..!
Update on workhorse chart ( short to midterm)What are my reasons to sell workhorse:
1-multiple attempts but could not close above the channel.
2- lower high - Lower Low pattern in daily candle
3-workhorse experienced a 117% bullish rally in 2021, and usually after a sharp rally we will expect a correction . Workhorse experienced a 30-50% correction in the last 3 correction it had!
4- I had price target 40-42 for workhorse when it was 22-23
BITCOIN and major GPU producers, NVDA, AMD(intermarket analysis)One of the most important hardwares needed for mining processes is GPU, NVDA and AMD make the best ones!
Although they have positive correlation with Bitcoin price, during hyperbolic phase they move at much lower speed, unlike major miners such as RIOT and MARA which surpass Bitcoin itself.
Moshkelgosha
30-150% opportunity in HYLNGetting out of consolidation pattern sharply, closed above 200 EMA. could be followed by a pullback to 18, and then skyrocketed..!
Potential gain:30-150%
Reward/Risk:1-5
Timeframe: 2-24 wks
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..!
Update on Apple Keep Apple in your watchlist for daily closing above 137 or breaking below 134 and close below the lower line of the ascending channel .
Most probable scenario: daily candle close above 137 = buy call option for the next 1-2 wks
Less likely scenario: daily candle close below 134= buy put option ..!
Option trading exposes you to higher level of risk please do your diligent work and always manage your risk!
Exceptional performance on a bad day matters!Breaking the all times high and closing above the upper line of the channel makes NVDA a new buy opportunity
Potential gain:20-25%
Reward/Risk:3-3.5
Timeframe: 2-4 wks
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..!
Gold Standard or No Gold Standard that’s a question!President Nixon in 1971 ended the practice of allowing foreign governments to exchange US dollars for US gold.(End of Gold Standard)
So far, US Dollar tries to survive, but it fails anytime because we are in Bearish grand super cycle, after gold standard ended.
As a little example, we see how gold compensate in the opposite direction of DXY!
But the real deal is that all the fiat currencies and precious metals are losing the ground to Bitcoin. The main reason for that is not the intrinsic value of Bitcoin, but is that Bitcoin offers cheaper transactions..! Which is the main purpose of inventing currencies in the first place!
Moshkelgosha
Be aware of pumpers..!
My dear followers stay away from this ticker symbol..!
Scammers and pumpers are active in it..!
Today someone text me in TradingView for collaboration and publishing analysis.
I asked him to direct message me in telegram.
When he talked about publishing analysis for them , I asked about their criteria and what sort of analysis they are looking for???
Long story short, he said : “ You did not get it, we pick the symbol and you publish the bullish view on your page”.
For those of you who are new in this market, This is called stock pumping..!
Who are the stock pumpers?
Pump-and-dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. ... Then, once the price of the stock has been increased sufficiently by unsuspecting marks, the promoters then sell the stock at high prices.
Please be aware of these conman jobs..!
I don’t expose them by name this time, but this is the last time!
These idiots don’t even bother to think that if I was a pumper I did not publish a 25 stocks weekly portfolios !
Please share this with your friends to teach them a lesson they don’t forget for the rest of their worthless lives..!
I am willing to trade any asset class, but the trust of my followers..!(Moshkelgosha)
Why does USD become weaker?(Intermarket analysis)If you are looking at the chart of USD Index (DXY) and compare it with Bitcoin, soon you will realize that from March 20th 2020, USD gets weaker and weaker while Bitcoin getting stronger exponentially.
By looking at the growing list of major companies which accept Bitcoin, it is not hard to identify that US Dollar is loosing the ground to Bitcoin.
What major companies accept Bitcoin?
Major Retailers
Microsoft. Microsoft has been accepting Bitcoin for use in its online Xbox Store since 2014
Overstock. Overstock is currently leading the way in the shopping and cryptocurrency field
Home Depot
Namecheap
Starbucks
Electronics
Sleep, Bed and Bath
Twitch
Virgin galactic
Tesla
From technical point of view: USD has been in bearish Grand super cycle since 1971, when US Government put an end to gold standard. Last year, DXY broke below its EMA 200 and EMA 50 and it’s efforts to close above EMA 50 and trend reversal failed in the last 3 times.
I believe US Dollar is in a position that no one can help it to become strong once again, and accelerated money printing policy just help it sink more and more!
Moshkelgosha(Sniper Trader)
Intermarket Analysis of Bitcoin and Major Bitcoin Miners1st we should look at the definition of Intermarket Analysis:
Intermarket analysis is a method of analyzing markets by examining the correlations between different asset classes. In other words, what happens in one market could, and probably does, affect other markets, so a study of the relationship(s) could prove to be beneficial to the trader.(Investopedia)
Instead of looking at financial markets or asset classes on an individual basis, intermarket analysis looks at several strongly correlated markets, or asset classes, such as stocks, bonds, currencies, and commodities. This type of analysis expands on simply looking at each individual market or asset in isolation by also looking at other markets or assets that have a strong relationship to the market or asset being considered.(investopedia)
Intermarket analysis should be considered fundamental analysis in that it relies more on relationships to provide a general sense of direction, but, it is often classified as a branch of technical analysis. There are different approaches to intermarket analysis, including mechanical and rule-based.(investopedia)
After talking about the definition of Intermarket analysis, let’s see how Bitcoin rallies affect the stocks price of the major North American Bitcoin miners Marathon Patent Group (MARA) and RIOT Blockchain.
This bullish rally started on March 13th , 2020. So far Bitcoin scored from 3850 to 46000 and rewarded the investor astronomical return. But if you look at the return of MARA and RIOT, all of a sudden you will noticed that the very similar correlation exists between Gold price and Gold miners stocks is present between Bitcoin and Bitcoin miners stock price.
I published many articles about this in the last 4 months, when Bitcoin was 12400, I predict the sharp move, and asked people to invest in Bitcoin instead of trading it for the next 2 years..!
Any time we had a correction, I said don’t panic.
But at the very same time, I published my view on RIOT and MARA, and wrote that if there is going to be a Bullish rally, miners will win the race!
Now you can see that how true it is. Don’t ignore this correlation..!
Moshkelgosha (SniperTrader)
What are the longterm target level for SYNPotential gain: 2.17-2.96
Reward/Risk:3-5
Timeframe: 1 year max
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..!
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Bitcoin, Major Indexes, Stocks, ARKK, vs My Managed portfolios 11.28% weekly gain in the first week of February
This past week my portfolio of 25 stocks performance was 11.28%, and for the 4th weeks in row My recommended portfolios beat all major indexes, S&P 500 (4.65%), NASDAQ (5.25%), Dow Jones (3.89%)and ARKK(8.75%).
Let’s look at the
1- ADTX @ 3.73 - 3.44 loss -7.77%
2- AI @ 139.60 - 146.60 gain 5.01%
3- AKRO @ 29.42 -31.45 gain 6.90%
4- CRM @ 225.56 - 238.89 gain 5.91%
5- EBON @ 5.13 -5.83 gain 13.65%
6- EDTK @ 3.26 -3.55 gain 8.89%
7- EYES @ 2.16 - 2.45 gain 13.43%
8- FSR @ 15.03 - 14.99 loss -0.27%
9- GM @ 50.68 - 54.41 gain 7.36%
10- GNUS @ 1.78 -1.88 gain 5.62%
11- GRPN @ 34.17 - 35.68 gain 4.42%
12- GSV @ 0.7093 - 0.7193 gain 1.41%
13- INTC @ 55.51 - 58.18 gain 5.45%
14- MARA @ 20.74 - 22.52 gain 8.58%
15- METX @ 2.03 -3.05 gain 50.25%
16- MRIN @ 2.16 - 2.28 gain 28.7%
17- MTC @ 2.07 - 2.58 gain 24.64%
18- OPTT @ 4.01 - 4.86 gain 21.20%
19- RIOT @ 20.52 - 23.38 gain 13.94
20- SNOW @ 272.45 - 306.05 gain 12.33%
21- THMO @ 3.41 - 3.27 loss -4.11%
22- VLDR @ 21.74 - 23.25 gain 7.09%
23- VRM @ 36.83 - 47.71 gain 26.83%
24- WISA @ 3.34 - 3.70 gain 10.78%
25- WORX @ 2.03 - 2.27 gain 11.82%
This portfolio performance becomes more interesting when you take a closer look at it:
- 22 out of 25 stocks ended the week with gains(88%)
- 11 stocks have finished the week with double digit gains (44%)
- 5 stocks had +20% gains (20%)
- 1 stock had 115% gain volatility, although ended the week with +50% gain
So far my weekly portfolios have had 54.14% compound gain in the last 4 weeks..!
This performance Shines more in comparison with other performances since January 11th 2021:
Bitcoin: +10.13%
S&P 500: 2.17%
NASDAQ: 4.88%
Dow Jones: 0.55%
Gold: -1.04%
Last word: Always search for the most volatile market, opportunities pops up in the most volatile market.
Moshkelgosha
A review on the last trading week(19-22 Jan 2021)Here I provide a review on my discrete stocks and option analysis published in the last trading week(19-22 Jan 2021). These are technical analysis I published in the last week separately ( not in the 25 recommended portfolio of the week)
January 18th:
- EURUSD @ 1.20793 buy
- XAUUSD@ 1838.66 buy
January 19th:
- VISL @ 2.31 gained 9.6%
- IZEA @3.91 gained 20%
January 20th:
- APPL call option gained +70% (in 2 days)
- EYES @1.95 loss -0.005
- ITP @ 0.8192 loss -6.4%
- RWLK @ 2.22 gained 18.4%
- OBLN @ 8.22 loss -26.7%
January 21st:
- MCUR @ 0.5895 loss -0.007%
- AYRO @ 6.95 loss -0.002%
- METX @ 2.07 loss -1.5%
- GNUS @ 1.47 gained 6.8%
- FUBO @ 34.75 gained 6.8%
- JE @ 5.47 gained 25.2%
January 22nd:
- PAYS @ 5.05 loss -1%
- OPTT @ 4.32 gain 29.6%
- MTC @2.41 gained 1.2%
- PLTR call option +285% (in 4 hrs)
Even if you do not consider the astronomical gained 285% & 70% in the 2 option trading I recommend, and put gold and EURUSD aside, you will see a 5.46% gain in less than 4 days(volume-weighted) which beats gains of S&P 500 (1.92%), Nasdaq (4.39%), Dow Jones(0.59),and ARKK (2.94%).
Single recommended Stocks plus Options has had 46.58% gain(volume weighted).
I just checked the ETF data base and find out that the best performed ETF of the last week was TAN with 13.3% gain in the last week..!(5.02% less than my recommended 25 stock portfolio for the same time period)
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I will publish the list of my recommended 25 stocks for the next week at 9 p.m.(Pacific time)