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Ferrari is a good portfolio diversifier from hereWhen growth and inflation around the world are seemingly increasing on a MoM basis, consumer discretionary stocks perform well. We've seen this across the board so far this year, and in the latter parts of 2020. Ferrari is no exception, with a premium luxury brand with international recognition. Recently, RACE has been pulling back, and I'd look to start to leg into a position here, with capital to buy more slightly lower as well. Technically, we're near the bottom of the 2std dev Bollinger, as well as oversold on the RSI 1D/4H timelines. The risk/reward from here is favorable.
HUGE move in BITCOIN coming this week!?So here we have formed what looks like a potential mirror pattern at the 30k level.
This could easily create a huge move higher in a short space of time, i'm talking 1-2 days so be careful.
If we break below the pink line clearly then this pattern is invalidated.
Check out my youtube video for a full breakdown in more detail.
Apple looks to be breaking out of wedge (READ MY DESCRIPION)1. Apple is at the end of a wedge (to lazy to draw the wedege but go on finviz.com and search Apple to see the wedge that formed.) we are at the end of this wedge and appear to be making a bullish break which can be confirmed by the 4 hour MACD.
2. Look at the chart of QQQ there is a obvious multiple top that we are retesting now. The first we made a relative low after that, the 2nd top we made a higher low after that, after 3rd top we made a even higher low, now I think the 4th effort may break the multiple top on QQQ potentially carried by Apple.
3. With Christmas time with a vaccine around the corner may not be a bad time to get into Apple right now, just sell immediately if it makes a bearish break of this wedge but I am betting it makes a bullish break out of this wedge and I believe QQQ is due to break this multi top
Tradingview banned my account & removed previous chart analysisAUDUSD IDEA - USE APPROPRIATE RISK MANAGEMENT WHEN ENTERING
-AUDUSD RECOVERY POST CORONA CRASH
-AUDUSD BULL PRESSURE BROKE KEY LEVEL
-MARKET CORRECTION CURRENTLY IN BEARISH MOMENTUM
-BREAKEVEN ON BEAR MOMENTUM
LONG NOW
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