VSLR - Noob TrainingThank you for your time!
I am just trying to see if I placed my strategies correctly.
Tomorrow is earning's report but based on my very low knowledge, I see the trend falling down.
Please forgive me if this is not how you use the platform, I am just learning and trying to get confirmation of what I know.
Noob
NVIDIA to break $280 by 2023Bought 2 shares yesterday morning. Although Nvidia is predicted to find resistance where it is currently trading today, it will be able to break past $280 by 2023.
Advancements in GPU technology has not even fully been realized for its full potential. Although there is competition in the GPU computation space, Nvidia has a foothold similar to that of Intel in the 1980s-1990s. This company will continue to innovate and return positive value for shareholders and customers.
Microvision to Push Past $2.00 During 2023Microvision is heavily undervalued. I've had the unfortunate chance of buying around $1,000 of it in 2014 and having to sell due to issues with my trading account, only to have the stock nearly double after Sony announced a partnership with them in less than 2 weeks.
Today; Microvision has a spatial chip which the industry haven't even figured out how to use: www.microvision.com I am certain that once the industry catches up with the long-term innovation of MVIS, that their patents will increase in value tremendously. Right now, the Consumer LiDar is like the Microsoft "tablet" seen in the wild over a decade ago (look up "Microsoft's 2008 Surface 'coffee table'"). This technology is ahead of its time, and people haven't figured out how to use it yet. Just like we saw Apple take over the market and win in the tablet war, we still saw Microsoft put its technology to use in thing such as the Microsoft surface. Although the "coffee tablet" did not make Microsoft create iPads, we saw their organizational knowledge lead to tremendous success in the coming decade, including in Virtual Reality and touch-screen technology.
In the same way, Microvision and its technologies, Consumer LiDar to be one of them, may not win right out of the gate but it doesn't mean it's not going to be rewarded from its forward thinking inventions.
CNN Business's analysis is a little bit too optimistic in my eyes. I am investing in Microvision for the long-term game, and am not interested in speculations that seem too good to be true. I am confident that Microvision in comparison to today will increase at least 100% by 2023, and it will find support above $1.50.
"The 3 analysts offering 12-month price forecasts for MicroVision Inc have a median target of 3.00, with a high estimate of 3.50 and a low estimate of 1.75. The median estimate represents a +344.31% increase from the last price of 0.68." - CNN Business
This stock currently is my 2nd largest holding (in value), my first is Nvidia.
BOTZ to break past $26 by 2026Due to advancements in machine learning, deep learning, and big data, the majority of these robotics holdings will benefit as a market. A.I. will allow them to increase quality, proactively service manufacturing machinery, and provide the benefits of R&D down stream to customers.
Reliance on the BOTZ holdings will be a natural from the market in which laggards do not invest into the “compound interest of AI benefits” early on.
Retest of 10.9k Possible Mid Term. Then What? Bitcoin daily shows strength closing above the .382 fib. A retest and sell off from 10.9k is likely and would confirm the descending triangle.
If the descending triangle is confirmed and then sells of, breaking horizontal line support, I would be looking for a short to 8.8k. After that, 7.5k could become new support for another swing high.
If the triangle is broken to the upside in the next few days, a retest of the 12.1k area is likely and could set us on the way to a new ATH.
adan and eve , bull flag on btc I will tell something to all bears and fools who expect a 7.4k drop. Do not miss this climb for their ignorant and stupid predictions, only impoverish them more, have the glimpse of rationality at the moment when this breaks upwards of not putting a short that liquidates them. I wish you success and I wish you not to remain in absolute poverty.
BTC going to the moooooon?Hold on just a minute here.
BTC is just making a bounce, the Mid-term analysis is still down as the SAR printed on the weekly time-frame, you can check out that post in my previous charting.
So what's going on with BTC? Lets break it down, hope you can keep up.
10 SMA - Orange line
21 EMA - Yellow line
20 SMA - Red line or bollinger band medium line
We closed and opened above the 3-day, 21 EMA (yellow line,) on the right-side chart. This usually indicates buying pressure is back into the market and you'll want to see it retest the 10 SMA (orange line,) which sits around
10.5k - 10.7k.
This resistance has some nice confluence on the daily as well, which the 21-EMA (yellow line) and 20-SMA (red line) on the left side chart on the daily comes in around 10.4k - 10.7k.
Lower time-frames wants some upside, but the weekly is showing bear momentum is still here and have not changed. If you look at the left side of the chart, you can see the Bollinger Band I have turned on. From July 15th and July 21st, all price action did was retest that medium line (red line) on the Bollinger Band before sending price right back down. The Bollinger Band is expanding to the down side (the circle I drew,) not to the upside. Meaning, if BTC cannot close/open a candle above the 21-EMA (yellow line) daily, lower prices will be implied as price would want to revisit the bottom of the lower bands.
When do I switch to more upside into the upper 11k's?
Here's the key, if BTC can close and open a candle above the 21-EMA daily (yellow line,) I will enter a long with a stop-loss right below it. Closing and opening a candle above the 21-EMA (yellow line) daily suggest that buying pressure is back into the market and the next likely target is in the upper 12k to retest the top of the Bollinger Bands.
What's the best choice of action?
You do nothing. Allow price action to reveal what it wants to do, if we close/open a candle above the daily 21-EMA , open a long position for more upside. If we open/close a candle below the daily 21-EMA after retesting it , open a short as this is a sign of rejection.
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BTC in an active mid-term down trend/lower consolidation periodI'll keep it simple.
Weekly Time-Frame
10 SMA - Orange line,
21 EMA - Yellow Line,
20 SMA - Red Line,
Parabolic Sar - dotted crosses
The parabolic sar has printed on the weekly time-frame. I don't use SAR personally unless it is on the weekly which have a very high percentage of playing out. You can see every time the SAR has printed on the weekly, there was a sign of mid -term reversal. BTC has printed the SAR and I suggest, highly suggest you pay attention. The bearish divergence on weekly has been confirmed and usually when bearish divergence are active, you would want to see it travel back down to the 21 EMA.
The EMA death cross on the 4hr has become a meme, but nonetheless, it is playing out. Price will consolidate on the 10 SMA weekly with bounces here and there, but eventually it will break. The target is most likely the 21 EMA on the weekly and 20 MA on weekly. This is a sign of a healthy bull-market continuation of price if it can hold and consolidate on these two levels 21 EMA/20 MA weekly. They are the magnet in the market that will continue to push price further for a couple more years just like it has in previous bull markets. These are the areas of interest that many are looking to buy back for a longer HODL period on BTC.
If price does not hold on the 21 EMA or 20 MA, and closed a candle/open a candle below, that is a sign of disaster to later to come for BTC. Just to have confluences, 4hr is showing a "death cross" on the 50 EMA and 200 EMA while weekly has re-entered the CCI . After a massive run of 300% since March, it will need to consolidate for a longer period of time before it can make another run. The macro time-frame by all means is still in an active bull-market, do not confuse mid-term analysis with macro analysis.
So, how would you play this? Any rally for BTC will be sold into, and opening a short position will more than likely be in your favor because of the trend has reversed to the downside on the mid-term time frame. The blue box on the chart is the interest areas of buyers wanting to step back into the market. Wait for a weekly candle close AND open above the 21 EMA weekly, and that'll be your very very nice long for tremendous upside. Stop-loss under the 21 EMA, your risk reward is amazing at these levels.
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