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Moshkelgosha

Microsoft at the critical resistance level..!Microsoft has failed to pass 305 in the past 2 tries, now is trading at the same level and if it successfully close above this level next target will be 325-330 in the next 3 weeks! Monitor MSFT closely for breakout..! Volume analysis: YTD: Past 3 months: Today: Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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:MSFTLong
by Moshkelgosha
1
Have no fear of perfection - you'll never reach it..!Have no fear of perfection - you'll never reach it. Salvador Dali Tesla and Bitcoin Destiny tied up together..! What links Tesla and bitcoin is not just Elon Musk, but it is traders and investors who participate in the trades! Since both are volatile more than many other assets in the world, and their market cap is high, it also makes the two a very good target for algorithmic trading! I noticed this phenomenon last year and it helped me to predict their crash very well..! February 17th, 2021 Tesla analysis: April 14, 2021 Bitcoin analysis: As I predicted Bitcoin crashed based on Tesla's crash pattern, analysis April 9, 2021: and I published a comprehensive video analysis on April 9, 2021 : youtu.be What happened next: I noticed some changes in the tesla chart and published this analysis on May 21, 2021: and I also publish a bitcoin analysis (buy) on July 27, 2021: I have published many short analyses on Tesla and Bitcoin in the past few months and lots of you may not know my strategy is not long-term in short positions! I try to buy naked puts and close my positions in 1-3 days, and I always have stop loss to protect me from my mistakes! (Please pay attention to Red dots on chart) (I explained this many times below my posts.) Present situation: I believe a bullish rally is when the price reaches new highs and higher volumes show the strength of the trend. Bitcoin and Tesla came a long way in the past few months but they are still below their all-time highs and Tesla trading volume is much lower than previous bullish rallies! All volume indicators show this:(volume, price volume, volume profile) Tesla: Different Story for Bitcoin Bitcoin: I couldn't find any reliable source for bitcoin trading volume! However, I really did not predict that bitcoin and tesla could reach these levels once again in 2021..! Conclusion: I think both Bitcoin and Tesla will experience a lot of volatility by getting closer to their all-time high level..!
NASDAQ:TSLA
by Moshkelgosha
2
A Bearish Flag..!What Is a Flag? In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern. A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag patterns signify trend reversals or breakouts after a period of consolidation. In a bearish flag pattern, the volume does not always decline during the consolidation. The reason for this is that bearish, downward trending price moves are usually driven by investor fear and anxiety over falling prices. The further prices fall, the greater the urgency remaining investors feel to take action. Thus these moves are characterized by higher than average (and increasing) volume patterns. When the price pauses its downward march, the increasing volume may not decline, but rather hold at a level, implying a pause in the anxiety levels. Because volume levels are already elevated, the downward breakout may not be as pronounced as in the upward breakout in a bullish pattern. How to Trade a Flag Pattern Using the dynamics of the flag pattern, a trader can establish a strategy for trading such patterns by merely identifying three key points: entry, stop loss, and profit target. Entry: In a bearish pattern, the day after the price has closed below (short position) the lower parallel trend line. Stop Loss: Traders typically expect to use the opposite side of the flag pattern as a stop-loss point. Profit Target: Conservative traders may want to use the difference, measured in price, between the flag pattern’s parallel trend lines to set a profit target. A more optimistic approach would be to measure the distance in dollar terms between the pattern’s high and the base of the flagpole to set a profit target. Best Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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 Article: www.investopedia.com
FTX:SOLUSDShort
by Moshkelgosha
1
Tweezers Top, correction is possible!A tweezers topping pattern occurs when the highs of two candlesticks occur at almost exactly the same level following an advance. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. Like many other candlestick patterns, tweezers occur quite frequently. Tweezers are more meaningful as part of other trends, especially pullbacks. There are additional criteria. The first candle should have a large real body (the difference between open and close). However, the second candle can be pretty much any size. Therefore, the two candles may look quite different. For example, in a tweezers top, the first candlestick may be a strong-up candle, closing near the high. On the other hand, the second candle may be a Doji—a cross-shaped, neutral candlestick pattern—that doesn't close near the high but still has a similar high to the first candle. reference Article: www.investopedia.com
BITMEX:XBTShort
by Moshkelgosha
3
Cardano's Bearish FlagWhat Is a Flag? In the context of technical analysis , a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern. A flag pattern , in technical analysis , is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag patterns signify trend reversals or breakouts after a period of consolidation. In a bearish flag pattern, the volume does not always decline during the consolidation. The reason for this is that bearish, downward trending price moves are usually driven by investor fear and anxiety over falling prices. The further prices fall, the greater the urgency remaining investors feel to take action. Thus these moves are characterized by higher than average (and increasing) volume patterns. When the price pauses its downward march, the increasing volume may not decline, but rather hold at a level, implying a pause in the anxiety levels. Because volume levels are already elevated, the downward breakout may not be as pronounced as in the upward breakout in a bullish pattern. How to Trade a Flag Pattern Using the dynamics of the flag pattern, a trader can establish a strategy for trading such patterns by merely identifying three key points: entry, stop loss, and profit target. Entry: In a bearish pattern, the day after the price has closed below (short position) the lower parallel trend line. Stop Loss: Traders typically expect to use the opposite side of the flag pattern as a stop-loss point. Profit Target: Conservative traders may want to use the difference, measured in price, between the flag pattern’s parallel trend lines to set a profit target. A more optimistic approach would be to measure the distance in dollar terms between the pattern’s high and the base of the flagpole to set a profit target. Best Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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 Article: www.investopedia.com
KRAKEN:ADAUSDShort
by Moshkelgosha
4
Support and Resistance level for Major indexes!In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! S&P 500 and NASDAQ 100 are trading at the resistance level, and Dow Jones and Russell 2000 are trading in a consolidation zone! In my view, tomorrow is a very critical day because of the Retail Sale Data! If Retail Sale Data, are lower than expected, today's gains will be washed away easily! Keep it in mind..!
TVC:SPX
by Moshkelgosha
5
Is this a good time to buy Apple?To answer this question let's break it down: Multi-Timeframe Analysis: Hourly Chart: Getting out of the downward channel and finished pullback (Bullish) Daily Chart: First higher low with above-average volume! early bullish sign! Weekly Chart: 6 weeks price decline in a row! (Bearish) Monthly Chart: Confirmation of the Bearish engulfing! (Bearish) An alternative scenario: Conclusion: In lower time frames we have early signs of an upward move but higher timeframes are contrary to this! A neutral position is the most likely scenario unless apple closes above 145! I prefer to wait for a more reliable entry point
NASDAQ:AAPL
by Moshkelgosha
1
Inflation Temporary or Lasting?It was May 30th, 2021, that I published my first analysis of accelerated inflation and explain the basics in that article: It is important to know that CPI passed above the +2 stdev in April 2021 for the first time in the past 12years. In September 2021 Inflation just passed the +4stdev ..! A little statistics: In statistics, the standard deviation is a measure of the amount of variation or dispersion of a set of values. A low standard deviation indicates that the values tend to be close to the mean of the set, while a high standard deviation indicates that the values are spread out over a wider range. If you are checking the rate of change in the past 12 months, it is 5.38%, which is much higher than September 2011 the highest reading in the past decade with 3.81% ..! (5.38/3.81=1.41=> 41% higher) This becomes more interesting if you check the rate of change in the past 16 months: 7.11% exponential Inflation in a 16 months period which has not been seen in the past 3 decades! For a 12 months period, it is 5.38% is the highest in the past decade! and the 3rd highest in the past 4 decades! In the past 4, the rate of change does not show any decrease! Now let's review the real causes of Inflation: Milton Friedman: “Inflation is always and everywhere a monetary phenomenon". Increased government spending is good for the economy, but it can lead to scarcity in some goods and inflation will follow. Everyone knows this administration is willing to spend more to achieve a higher employment rate and GDP, which means more inflation! We also experiencing Demand-pull inflation, when demand surpasses supply, higher prices are the result. This is demand-pull inflation. Demand-pull inflation is the upward pressure on prices that follows a shortage in supply, a condition that economists describe as "too many dollars chasing too few goods." A Broken supply chain in time of high demand: U.S. supply chains have suffered major damage due to the combined factors of the coronavirus pandemic, short-term corporate planning, and underinvestment in logistics, a new report from S&P Global Research found. To wrap it up: I am not an economist and I can not find any evidence for a lower inflation rate in the next few months, but I have found many to support a higher inflation rate for the next few months! I strongly believe anyone who talks about "Deflation" at this moment is either a fool or tries to fools others..! Best, Moshkelgosha Reference article: www.investopedia.com www.investopedia.com
Editors' picks
FRED:CPIAUCSL
by Moshkelgosha
70
Gold out of consolidationIn these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! Multi-Timeframe Analysis: Hourly Chart: Strongly gets out of consolidation! (Bullish) Daily Chart: making a bullish flag pattern. (Bullish) Weekly Chart: in a downward regression channel in the past 15 months. (Bearish) Monthly Chart: at the most important level (1800USD/oz) in the past 10 years! Conclusion: in the next few days-weeks, gold is bullish and will retest 1830-1850, may proceed further and test 1900!
FX:XAUUSDLong
by Moshkelgosha
1
My Trading Mantra: "Follow the Money "I believe one of the best indicators to watch is Volume Price..! You should try to invest where money flows in..! In trading and investing your mantra should always be: Follow the money..! I believe stock prices only go up when there are fresh players who bring money to the play, regardless of the quality of the underlying asset! One of the most important duties you have as a trader or investor is to monitor the money flow in the market to find out emerging opportunities! I have picked 3 Stocks with a +100% gain since August, let's review them My best-performing picks since August: -1 UPST: +150% gain since August 2nd when I published my analysis at 131.65 2- AFRM: +125% gain since August 2nd when I published my analysis at 64.71 3- DATS: +100% gain since October 6 when I published analysis at 8.16 For complementary information, you can watch my youtube video about volume and Volume Price: youtu.be
NASDAQ:AFRMLong
by Moshkelgosha
3
Sine wave pattern!This company has a total outstanding share of 25.9 Million, yet today trading volume is 21 million. It would be good to know 60.5% of shares in the hand of insiders(37.6%) and private companies(22.9%). This means only 10 million shares floating in general public hands! I think this small company could see higher prices in the coming days! Entry: 3.27 Stop loss: 2.8 Reward/Risk: >3.5 Target range: 5.5-8.3 Time Frame: 2wks Possible gain: 45--108% Possible loss: 12.5% Position size max: 3% of your trading capital EzFill Holdings, Inc. operates as app-based mobile-fuelling company. Its app-based interface provides customers the ability to select the time and location of their fuelling. The firm offers unleaded regular (87-octane), unleaded premium (93-octane), diesel, red dye diesel, and marine fuels for vessels. The company was founded on March 28, 2019 by Michael Farkas and is headquartered in Miami, FL. DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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:EZFLLong
by Moshkelgosha
2
Anything can happen at anytime in the market!The Lower-High Lower-Low patterns are forming in the chart of S&P 500, and we should keep in mind the possibility of reversal and going down more! Be careful, A reversal to the upside won't occur until the price makes a higher high and higher low. A move above the descending trendline could issue an early warning sign of a reversal. another possible scenario could be a sideway: The best strategy would be waiting at this moment! Please read the attached article and compare what you see in the chart with the picture in the attached article! www.investopedia.com
TVC:SPXShort
by Moshkelgosha
3
Another Bearish FlagWhat Is a Flag? In the context of technical analysis , a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern . A flag pattern , in technical analysis , is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag patterns signify trend reversals or breakouts after a period of consolidation. In a bearish flag pattern, the volume does not always decline during the consolidation. The reason for this is that bearish , downward trending price moves are usually driven by investor fear and anxiety over falling prices. The further prices fall, the greater the urgency remaining investors feel to take action. Thus these moves are characterized by higher than average (and increasing) volume patterns. When the price pauses its downward march, the increasing volume may not decline, but rather hold at a level, implying a pause in the anxiety levels. Because volume levels are already elevated, the downward breakout may not be as pronounced as in the upward breakout in a bullish pattern . How to Trade a Flag Pattern Using the dynamics of the flag pattern , a trader can establish a strategy for trading such patterns by merely identifying three key points: entry, stop loss, and profit target. Entry: In a bearish pattern , the day after the price has closed below (short position) the lower parallel trend line . Stop Loss: Traders typically expect to use the opposite side of the flag pattern as a stop-loss point. Profit Target: Conservative traders may want to use the difference, measured in price, between the flag pattern’s parallel trend lines to set a profit target. A more optimistic approach would be to measure the distance in dollar terms between the pattern’s high and the base of the flagpole to set a profit target. Best Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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 Article: www.investopedia.com
FTX:LINKUSDShort
by Moshkelgosha
1
New Resistance & Support Zone800-805 Resistance! 765-775 Support zone! Although this 40 USD range is a 5% consolidation, it could provide +100% weekly gains in options trading if traded correctly! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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:TSLAShort
by Moshkelgosha
7
No resistance zone!Oil strongly closed above 77 and now there will be no significant resistance and in the next 3-6 months above 100 USD/barrel could be possible! However, the hourly chart shows a possible pullback to 77..! Short term: Possible correction (5%) Longterm: Bullish (25-30%) Reviewing my previous analysis could be interesting for you: June 1st, 2021: price was 68, target 75-77 August 23: Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
TVC:USOILLong
by Moshkelgosha
3
Cryptocurrency Market, important support and resistance levels!In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! CRYPTOCAP:TOTAL BITMEX:XBT BITSTAMP:ETHUSD KRAKEN:ADAUSD FTX:XRPUSD FTX:SOLUSD FTX:LINKUSD FTX:DOGEUSD KRAKEN:DOTUSD COINBASE:ALGOUSD COINBASE:ATOMUSD I believe it will be a tough week for those who have open long positions in the cryptocurrency market..! Best Moshkelgosha, DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
CRYPTOCAP:TOTAL
by Moshkelgosha
2
You do not need too much information ..!Some people think they need too much information and long-term charts to be able to do technical analysis..! But that is not just "True"! let's review my last 2 analyses for DATS: *These posts were not published publicly..! September 24th,2021: DatChat is a very small cap company, with a 175 million dollars market cap. It started at 3.95 and after 30 days it is 12.19(+210% gain in 30 days). It has 16.3 million shares, yet the average volume in the past 3 days was 15.7 million/D and the price went up 55%, with this volume , price could experience crazy moves next week Because it has no option..! I do not recommend investing more than 1% of your portfolio in this small company! Scenario 1: move to 15-17 Scenario 2: correct to 8.5 and then doubled October 6th, 2021: DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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:DATSLong
by Moshkelgosha
2
A weak recovery..!In the past 3 days, we see higher closes in the market and most tickers have finished the past 3 days greenish! But looking at volume and compare it to the past week's average clearly shows the weakness on the buyer's side! More neutral days could be the most probable scenario in the coming days! AAPL, MSFT, GOOG, AMZN, and FB have seen higher prices at lower volumes..! which is not a bullish sign! Waiting for better entries could be a good choice! DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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:MSFT
by Moshkelgosha
12
Weakest Bulls ever..!In the past five months, Bitcoin gained 93%. However, if you compare the past five months with the previous bullish rallies, it will become obvious this last rally could not be the same as the previous ones. I believe the last rally could be compared with Dec 2018 - July 2019 period and will be followed by another decline in the price! Dec 2018 - July 201: The last 5 months: based on this comparison I believe a reversal is a more likely scenario..! Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
BITMEX:XBT
by Moshkelgosha
6
Elon Musk vs Satoshi NakamotoWho Is Satoshi Nakamoto? Satoshi Nakamoto is the anonymous name used by the creators of the Bitcoin cryptocurrency. Although the name Satoshi Nakamoto is often synonymous with Bitcoin, the actual person that the name represents has never been found, leading many people to believe that it is a pseudonym for a person with a different identity or a group of people. History of Satoshi Nakamoto The persona Satoshi Nakamoto was involved in the early days of Bitcoin, working on the first version of the software in 2009. Communication to and from Nakamoto was conducted electronically, and the lack of personal and background details meant that it was impossible to find out the actual identity behind the name. Nakamoto’s involvement with Bitcoin, however, ended in 2010. The last correspondence anyone had with Nakamoto was in an email to another crypto developer saying that they had "moved on to other things." (Investopedia) Nov. 27, 2017: Elon Musk denies a theory he is Satoshi Nakamoto, the pseudonymous creator of bitcoin, tweeting here, "Not true. A friend sent me part of a BTC a few years, but I don't know where it is." In 2004, Elon Musk joined electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.) as chairman and product architect, becoming its CEO in 2008. Kimbal Musk the younger brother of Elon Musk: Kimbal Historic trade: Kimbal Musk (Elon's Brother) sold 30k Tesla shares at 856 dollars in February 2021 Elon Musk Charged With Securities Fraud for Misleading Tweets FOR IMMEDIATE RELEASE 2018-219 Washington D.C., Sept. 27, 2018 — The Securities and Exchange Commission today charged Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc., with securities fraud for a series of false and misleading tweets about a potential transaction to take Tesla private. On August 7, 2018, Musk tweeted to his 22 million Twitter followers that he could take Tesla, private, at $420 per share (a substantial premium to its trading price at the time), that funding for the transaction had been secured, and that the only remaining uncertainty was a shareholder vote. The SEC’s complaint alleges that, in truth, Musk had not discussed specific deal terms with any potential financing partners, and he allegedly knew that the potential transaction was uncertain and subject to numerous contingencies. According to the SEC’s complaint, Musk’s tweets caused Tesla’s stock price to jump by over six percent on August 7, and led to significant market disruption. www.sec.gov Comparing Tesla and Bitcoin market cap of 775 Billion and 1 Trillion dollars will show us Elon Musk and Satoshi Nakamoto have had the same achievements in the past decade..! Comparing the price pattern of bitcoin and tesla in the past 20 months shows an undeniable positive correlation of the 2 ..!
BITMEX:XBT
by Moshkelgosha
1
The last 4 correction!If you feel the urge to buy Apple stock please read this, you may find it useful, at least I believe it will save your time in trading! In the above charts, you can see the last 4 apple corrections, in the past trading year! As you can clearly see, Apple's correction is usually followed by a sideways (consolidation) pattern. With a little more focus you can find out these sideways last for 3-4 weeks and the range of the consolidation pattern could be 50% of the correction before it! Holding stocks in sideway patterns could be torturous for active traders! I am pretty much sure you have experienced this phenomenon many times! By evaluating the behavior of any stock you can find some none random patterns, If you could not find it, leave it alone and look for other opportunities! there are always many out there if you know how to looking for them! A few lessons from him Simons: “We search through historical data looking for anomalous patterns that we would not expect to occur at random.” "Efficient market theory is correct in that there are no gross inefficiencies. But we look at anomalies that may be small in size and brief in time. We make our forecast. Then, shortly thereafter, we re-evaluate the situation and revise our forecast and our portfolio. We do this all day long. We're always in and out and out and in. So we're dependent on activity to make money." Trend = (inefficient market) Good for trading. Sideways: (efficient market) not good for trading. George Soros saying: “ Chuck Prince famously said we have to dance until the music stops. Actually, the music had stopped already when he said that.” I will patiently wait for the music to start dancing with it.
NASDAQ:AAPL
by Moshkelgosha
2