Greater Fool TheoryBar chart: Monthly trading value estimation(Close price*TradeVolume)
Orange line: Average of the last 12 Months trading value estimation
December 2019:
Closing above the previous range, and 65% increase in monthly trading value compared to the average of the last 12 months.
February 2021:
Closing 15% below the previous high, 25% decrease in monthly trading value compared to the average of the last 12 months, and 59% decrease in trading value in the first 2 months of 2021..!
Money is the true drive behind any price movements in any market. When money influx increases, prices will go up unless supply increases more than demand.
Since January 2021, money outflux started in most EV companies, and their bubble burst in February 2021.
Now you see why I insist Tesla is bearish since mid-February 2021.
What Is the Greater Fool Theory?
The greater fool theory argues that prices go up because people are able to sell overpriced securities to a "greater fool," whether or not they are overvalued. That is, of course, until there are no greater fools left.
Investing, according to the greater fool theory, means ignoring valuations, earnings reports, and all the other data. Ignoring the fundamentals is, of course, risky; and so people subscribing to the greater fool theory could be left holding the bag after a correction.
Institutional investors and mutual fund companies are labeled “the smart money," while retail (individual) investors are called "dumb money."
Because the “dumb money” group doesn't have access to teams of analysts or carefully compiled data, they often make trades based on instinct—and to buy and sell investments at the worst possible time.
Moshkelgosha
February 17th, 2021:
Educational Articles:
1- www.investopedia.com
2- www.investopedia.com
FSR
ADDED to $FSR New Target 20.76 for 31.48% ADDED $FSR Target 20.76 for 31.48%
Or next add level is at 10.82
This is why there is a plan... Stick to the plan and when the market continues in it's bullish ways we win big ☺️
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
The worst has yet to come for the EV Mania..! Have you ever asked yourself how much these small companies other than Tesla would compete with big names which showed up with their fully electric cars in the 2021 Auto shanghai show??? Especially Toyota bz4X and Volkswagen?
Some may think after a 60-90% price crash there is nothing left for more correction, but I believe many companies will file for bankruptcy in less than the next 5 years! So it is better to Forget the return to time highs and take what is left. Even Tesla will experience a huge correction.
Tesla's market cap (660B) could not be more than Toyota's(210B), time will prove it..!
Keep in mind a bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value or a contraction, which is sometimes referred to as a "crash" or a "bubble burst."
Educational article:
Bubble:
www.investopedia.com
#FSR Making headway, or another false breakout We've seen a few false starts on JSE:FSR in the last few weeks, with positive momentum being sold into in the R52.50 area and buyers backing off. JSE:FSR on a decent run today, but will it continue to infinity & beyond or are the sellers just toying with the bulls and waiting to pounce & push it back to R50? Next R2 could go either way - up to R55 or back down to the R50/R51 area.
FSR - Breakout coming soonWaiting for a breakout of the wedge forming in 4hr timeframe. We should see a nice impulsive movement soon.
Added to $FSR New Target 22.31 for 28.66% $FSR Target 22.31 for 28.66%
Or next add level is at 12.37
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
$FSR Goldmans Sachs Releases Bias To Save Trade Desk! UPDATE! $FSR Goldman can sack it, they released a sell rating this morning to 10 citing overcrowding and unrealistic Q4 Targets. This is flat out wrong. Hoping to a see this gap filled in spite of them as there are more buy ratings than sell. Most in the $30s and $40s.
$FSR Target 22.92 for 27.69% $FSR Target 22.92 for 27.69%
Or next add level is at 13.62
Hey Hey... another one that's making some moves... No I didn't add since the last post so target remains... will add at 13.62 if needed...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FSR Bullish Butterfly Harmonic
Bullish Butterfly Harmonic
Hidden Bullish Divergence
RSI under 30 so oversold
Approaching major support at 11.69$
Looking for 50MA Curl and confirmation candles for a 61.8% golden retrace
ADDED $FSR Target 27.69 for 27.69% $FSR Target 27.69 for 27.69%
Or next add level is at anywhere around here but I can’t add yet - if this doesn't reverse then next add coming soon...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
ADDED to $FSR Target 23.27 for 17.82% $FSR Target 23.27 for 17.82%
Or next add level is at 16.23
I added here today... there's definitely room for this to go a little lower but it suited my strategy to add here.
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
EV enthusiast investors please do not get too excited!As you see in the charts, in the past 3 months, most EV makers lost between 40-70% of their value..!
This is completely an example of a Crash..!
keep in mind that they were the best-performed stocks since late 2018.
I believe this is not the end of the bearish move for these stocks, because they were so overvalued that can experience another 50% decrease in the longterm(next 2-3 years)..!
Even their mam Cathie gave up and decided to try her social media trading pump and dump plan this time in the Space.
please read the related links to see how many times I wrote on this..!
EV Stocks Compared(This is Not Financial Advice)
Hello everyone I decided to take a look at a comparison of all the big EV Car Companies. This is not including charging companies etc.
I thought this would be a interesting time considering what is happening with news surrounding all of them right now. I am pretty bullish on this space long term and short term I think we will see another spike soon.
Let me know what you think below and which EV you like most.
Like and Follow! Thanks.
- Vlaire
Only time shows the caliber of an analyst ad his analysis..!On February 18th, 2021, I publish analysis about the Market front runner industry (EV makers), seems exhausted ..!
After 5 weeks, it is time to review it 100% accuracy in 10 symbols is not speculation..! It is science and trading base on evidence..!
they are way above their value and in the coming months, you will see how far they could go down..! I will review it in the future..!
FSRLooks like Fisker is wanting to fill that gap at 17.50 ish .. Still looking for a good bounce on this up sloping demand line then bounce back up to the 20's
Tsla Breakout Looking for Tesla to breakout of this inverse head and shoulder by maybe tomorrow if not then in the near future. Also check out the Macd and RSI on the Daily time chart. Rsi just under 55 and the Macd converged few days ago. I think all other Ev,s will follow. My top picks $FSR, $NIO, $XPEV and $QS. My breakout point on TSLA tomorrow is at 706ish.
Thanks if you guys liked this post make sure to leave a thumbs up. Let me know what you think, this is my first post many more to come.
FSR Target 24.93 for 16.44% Or next double level at 17.89NEW POSITION in $FSR Target Price 24.93 for 16.44%
And if it keeps selling off double position @ 17.89
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
FSRFisker Inc. (NASDAQ:FSR) The stock saw continued buying pressure on Friday. With this breakout move and future potential this stock should remain one to watch going forward. Buyable on any pullback to pivot.