Recently on December the 15 2022 on CNBC CZ was made several misleading and extremely alarming statements which call into question the very legitimacy of the company. Most of these statements are from the CNBC news interview which is a must watch but some are from from twitter and older interviews. Statement 1: "many of them (auditing firms) don't even know how...
IF we do not find support and follow through price action soon there is a potential 25-44% downside based on previous breaks of this moving average.
It was a good one but with the massive shake ups in the market and ever increasing uncertainty TSLA an already volatile stock is made much worse by the market conditions. I fully expect it to hit the support levels illustrated.
The Russell 2000 is currently at the pre-covid 19 high area however this area is not going to hold because many of these small debt ridden high growth assets will be killed by a combination of both high interest rates which increases debt servicing costs when many of them are over leveraged. Along with soaring costs due to severely damaged global supply chains...
We are below all major local support and are looking at a serious crash which as the potential to take us all the way to 19k maybe even 12k worst case scenario. Terrible macro economic uncertainty around the world economy and most assets is feeding into the already bad technical. The only thin I can say for sure is that if you buy this dip than you better be okay...
With Trial data coming up the company is set for a bull run but in the meantime it has enough buyer interest to hold with strong support.
With all the fear pain and inflation finally beginning to look scary gold broke out of the bollinger band and a descending triangle. It is also finally getting nicely above the 200 MA.
Wheat futures are showing a constant higher lows ahead of a bullish catalyst. That catalyst is a war between Russia and the Ukraine. I can get into any questions as to why I believe the current information suggests Russia will invade upon request in the comments. This is bullish for wheat futures, The Ukraine is the number 5 ranked wheat exporter globally its...
2 peaks at this high level under heavily volatile market conditions. We are still above all the simple moving averages I would start to get worried if we fall below the 50 day SMA. The TSX despite this should outperform other indices in 2022 due to its high amount of commodities stocks because 2022 is bullish for commodities.
The Japanese economy is not just being propped up by the bank of Japan its more than that. The bank of Japan essentially IS the economy at this point it owns over 75% of the Nikkei 225 and owns close to a majority of JGB's. Central banks across the globe follow the bank of Japan because it is the furthest in the hole exceeding all its peers by a massive margin....
Silver is above a key area and in a descending triangle the direction this asset breaks off into is of critical importance for its future. The old resistance area is now functioning as support. The daily and weekly support/resistances on Silver are infinity more important than the hourly because slowness of the price action. Anything that is not the daily or...
I found 2 bottom levels the stock market never returned to. After that I drew the parabolic trend curves the NASDAQ went on afterwards. This is amongst the worst scenarios that could play out. Feel free to correct me if you see any errors in my analysis.