ZoharCho

ZoharCho Updated 

V bottom was formed. News are clearly bearish in a conclusive way =>> fool the public to sell shares to the big fish while the market will go up... Overall market sentiment under the hood is bullish. Public is in huge fear of banks that collapsed and will continue to collapse, so the masses will sell stocks on an up wave fearing it will go down. How else you...

ZoharCho

EA has a very good relative strength - didn't got hurt by the current bear market. It is to be expected to shoot up in the next bull market. Cup and Handle pattern - is clearly seen.

ZoharCho

Bull market ended with a bubble pattern. Possible bear markets: ~80% and ~50% decline. We still have a way to go... We didn't see any panic selling, so the bottom has not been reached yet. Prices decline moderately. No bottom formation yet... keep watch.

ZoharCho

We have more room to go down until the major trendline. We are in a bear cycle. Could do double bottom and hold. Remember: -------------- The future is independent in the past given the PRESENT. So if the market show us and tell us that it wants to reverse we change our view. (Currently view is DOWN)

ZoharCho Updated 

We are near the trendline, seemed like we hold it, BUT the breakout that happened in the lower time frame seems to fail... Given market position + VIX is starting to rise + we did 3 cycles on the long side, I think now it is a time for this trendline to fail...

ZoharCho Updated 

Made a tight small consolidation, lets see if it will make a new all time high with a strong b/o.

ZoharCho Updated 

Hello everyone, to anyone who is not already familiar with the Chobotaru Indicator V1, it takes the implied volatility currently priced in GME options and gives a probability location cloud. As you can see, for the next 44 days, this is what the market thinks that this stock should do (move within the probability cloud). Options Sellers give a 20% probability...

ZoharCho Updated 

The chart is self-explanatory. The Head and shoulders pattern is complete, sometimes there is a double right shoulder and then the spill down. Currently, I am long expecting it to fulfill the triangle pattern. The market sentiment - bullish. The overall trend is UP.

ZoharCho

Head & Shoulders + Flag pattern + All times high = potential big move UP

ZoharCho Updated 

We are 11 days before BABA earnings this stock moved sideways for a long time. Using Implied volatility of options we can see what the participants in the options market expect this stock to do in the next 32 days. IV: 32.8%

ZoharCho Updated 

Hello everyone, this is an example of how to detect unprofitable options BEFORE you take the trade , to better your chances. We are all doing this (trading) for our own personal reasons, so we need to make sure we succeed. I see many people want to SHORT GME, some other people suggest they buy PUT options on GME ---> This is a MISTAKE! Because those options...

ZoharCho Updated 

Historically NG goes sideways or down in this period of the year, NG is usually cyclic. The price of $3 is a psychological barrier. 10 contracts of naked calls worth $3200 of premium. I have follow-up action of case price or volatility will rise. 81% probability with the current market conditions. Chobotaru Indicator

ZoharCho

Personal idea - to develop a strategy on this instrument.

ZoharCho

560 seems to hold, beware of 720, MA seems like acting a good support/resistance

ZoharCho

Trendline seems to hold, price target $147

ZoharCho Updated 

In this post, I will start from the example and then write the definitions. Our example will be on Boeing (BA), a hypothetical analysis might be that BA was trading sideways for more than half a year. Previous to that BA was down in price for more than 50%, also there was a rally of 100% between May and June. The volatility in the markets starting to rise, due to...

ZoharCho Updated 

The oil price is going sideways at the moment. The implied volatility is relatively high. I choose a strangle with an 85% probability to finish in the green zone, between the $48-$69 prices in the next 41 days. I have a follow-up action if the implied volatility will go higher or the price will move sharply up or down. Always diversify your trades.

ZoharCho Updated 

The previous analysis of retracements says YES. Previous retracements was -79% and -70% , and in extremely high gains, extreme pullabacks are to be expected and are normal. The major trendline is intact and will still be intact even with a 70% correction. Higher highs and higher lows will be intact also. Since volume is not increasing on the downside, that is...