Sell for SonyConsidering the political and economic conditions of the world, my prediction is that in the future and the medium term, the stock markets of the world and especially the Western bloc will decrease. I feel the same way about Sony stock and everything about the details of my trade is clear in the picture. This is a two-to-one position. Due to the coverage of possible political situations and crises, I have made the stop loss large. I don't think a miracle will happen in the fundamental conditions of the company, but any analysis is just an analysis and there is a possibility of its failure. disclaimer
Stockmarkets
TESLA Short Position - double top (NEW)Our expectation is that the price will drop to the support level. The chart shows us double top pattern but we should wait the 830 usd support level to break in order to enter short position. In addition, MACD indicates that the price will drop. Further, divergence for many indicator shows us that 938 price level was selling time and the price should drop after this price level is reached.
US30 - buy your ticketsOverextended, due for a correction. Bad news from China. Tensions around Taiwan. Unrest all over the globe. Michael Burry empties his portfolio. Im taking this. Easy money and 1:6 if reaches profit target. Will long for long term play if the bounce doesn’t form new highs
Big Head and Shoulder Pattern 10 yearHey all just showing the ten year is looking like it will fall in anticipation of the fed relaxing its polices as we are in recessions and the labor market might weaken with the layoff announced by the big boys (tesla, Apple, google etc.) the distance of the head to neck bring the target to 2% which is less then current interest rates so I don't know if it will go that far with out something breaking in the economy first to cause this sudden shift in fed policy. Although Bull will put this in there case of the bottom is in history does not favor that philosophy. If you actually do research at the old peaks in the 10yr yield you will see markets usually collapse with the yield. Examples are 1999-2000 as the tech crash started, 2007-2008 as the GFC started and even in 2018 yields started to fall and the market bottomed after another +10% fall so watch out dont get FOMO in current rallies.
Like and Follow for more Trade ideas and Financial education.