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Story of Bubbles! George Soros: Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. I started my article with George Soros's quote and will continue with his great wisdom about bubbles! I think he was the one who benefitted from stock market bubbles the most! and this happened because of his approach to identifying and trading these bubbles! George Soros: “When I see a bubble forming, I rush in to buy, adding fuel to the fire,” Most people rushed into buying RIVN or LCID because they think this could be the next Tesla, and they did not want to miss this opportunity! This story is very similar to Workhorse's story in the past 3 years! I published 14 articles about workhorse between September 8th, 2020, and May 6th, 2021. 7 Bullish articles when the price was between 19.78-28.5, and target price of 40-42! WKHS reached 42.96 and closed at 41.32 on Feb 4th, 2021, priced made a top formation, and on Feb 11, 2021, I published a Short analysis when the price was 37.21. My first target price for WKHS short was 20-21 and then modified it to 10-11 and after that 5-4 in my last analysis! WHKS reached 4.92 and closed at 5.01 after 6 months! I wrote about this practical example because I want to mention: 1- The Bubble story repeats based on the same or different misconception that seems real! 2- The price Pattern moves Exponentially in both directions, either the inflation phase or the deflation phase! 3-Less experienced investors think prices will always be back at the previous highs or lows, which is not the case in many cases! 4- If you can not distinguish the different phases of a bubble, you will lose a big percentage of your trading capital! 5- Average Volume Price is the best tool to monitor speculative bubbles. 6- I strongly recommend reading about Reflexivity What Is Reflexivity? Reflexivity in economics is the theory that a feedback loop exists in which investors' perceptions affect economic fundamentals, which in turn changes investor perception. Conclusion: Please review Lucid and Rivian plans for the future! The Lucid goal is to manufacture 400K cars each year! BUT Casa Grande, AZ, is operational with a production capacity to deliver up to 34,000 vehicles per year. Rivian: The company says its factory in Illinois has the capacity to produce up to 150,000 vehicles per year. About 65,000 of those should be R1T pickup trucks and SUVs, and about 85,000 should be the company's RCV commercial delivery vans, Rivian said in financial filings. Delivery so far 154 ..! If you are looking at these numbers, you easily understand that they even don't have any plan to be the next Tesla..! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site. Reference articles: www.investopedia.com
NASDAQ:RIVNEducation
by Moshkelgosha
9
$LCID Motors Target - 35.58$LCID motors Target 35.58 Technical weakness here is pointing to a move lower… GL, and let me know your thoughts!! —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀
NASDAQ:LCIDShort
by SPYder_QQQueen_Trading
5
New Target for LUCIDLCID will come down for the same reason it jumped up..! Previous analysis: and before that: you may benefit from this post as well: You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NASDAQ:LCIDShort
by Moshkelgosha
4
LCID Shorting Upward ImpulsesAfter hours LCID unveiled for $1.75 Billion Offering of Convertible Notes via Private Placement. Never great for long term investors to experience such news; especially afterhours. Nevertheless, I'd be looking for any upward impulses as legs into short sided positions riding LCID down towards the 26.80 T1 area. I'd give this a 3-month window; however, I expect it to happen much soon -- the duration of 3 months just provides more time in "time and price" to meet the expecting outcome.
NASDAQ:LCIDShort
by bsdvs23
AAPL DIAMOND TOP - PUTS - WAIT FOR CONFORMATIONAll, I think we now can more easily see the AAPL diamond top. Need breaks of 164 to confirm, could spike few more times just keep an eye on it. This is a great example of being slightly biased or you can do 1:1 calls/puts and hold them and drop the other. If this drops and bounces 164s could see bull move. Hard to do on AAPL at this price lots of people don't pay attention to real costs of AAPL once they do splits. Personalyl short AAPL in general. I think next ER is bad.
NASDAQ:AAPLShort
by DigitalData
2
LCID: Watch for a possible reversal pattern!Hello traders and investors! Let’s analyze LCID today! I’ve been analyzing during my videos on YouTube, but this is the first time I write about it here on TradingView. I hope you’ll find something useful. First, in the 1h chart, LCID is clearly in a bear trend. We have a series of lower highs/lows, and the 21 ema is above the price, pointing down, potentially working as a resistance today, as it couldn’t break it during the first hour. In order for LCID to reverse, we must see it breaking the 21 ema, and doing a bullish structure, preferably, a higher high from here, followed by a higher low. What’s more, if LCID is about to reverse, now is a good time. We don’t see any confirmation yet, but we are just above a support level, which is better seen from the daily chart: Yesterday, we had a very strong bullish candlestick, with decent volume, just above the $ 39.27, the previous support level. The only problem here is the 21 ema again, which is also working as a resistance. It is worth to notice that the 21 ema in the daily chart is almost at the same price seen in the 1h chart, something not that common to happen, making it a dual-resistance in different time-frames. This candlestick pattern alone might be a buy sign for many, as the risk/reward ratio is making sense, in my view. I just prefer to see a better bullish structure in the 1h chart first. Let’s see how it’ll play next. If you liked this analysis, remember to follow me to keep in touch with my daily updates on stocks and indices! Have a good day.
NASDAQ:LCID
by Nathan_The_Finance_Hydra
11
Lucid price target for the comming week!LCID could move toward 47-43 once again and this means put options have high return potentials this week! reviewing previous analysis could be beneficial: You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NASDAQ:LCIDShort
by Moshkelgosha
10
SPY - RIGHT ANGLED BROADENING WEDGE- WILD THEORY - BIG BULL RUN?All, Yes, given the nature of the world this is a stretch, however throw away news and say its priced in. Follow me, right angled or any broadening descending wedge usually bullish aka oversold yadda yadda. One of the most powerful patterns out there by a long shot. Anyways of course they have large dips similar to what we see now. Why this pattern? Notice pattern current (wedge bullish angled) -> next pattern (wedge/falling wedge) extremely bullish patten (only if both wedges hold/break then are powerful). So when you combine these + trend that is what makes a bullish descn wedge possible. because it goes half way up drops down but holds onto a strong trend and takes it the rest of the way. Just follow this and lets see what happens I think most big stocks are way way over sold 30-60% retraced. I think this makes a ton of sense to make a bull run here and then I think most likely fail and break trend. Once again just noticing the patterns/theory. 1000000% be careful but worth watching.
AMEX:SPYLong
by DigitalData