The Question Amazon share holders should ask themselves!While in bull markets, investors tend to be optimistic and reward even modestly good news with higher stock prices!
Why Amazon stock price did not go up with such a solid fundamental in the last 6 months?
Please answer this question in the comments section!
Moshkelgosha
If you have Salesforce read this!!!Salesforce closed below its 200 EMA for the second day!
Making a bearish channel + rapidly decreased earnings and No significant increase in revenue in the last 3 quarters makes it crystal clear that Salesforce will go down more. The question is 10% or 25% and how fast that is going to happen?
Most Gaps will be filled in the future! CRM has just filled its own
The Social Media Trading Bubble comes to its end..!While many people thinks when ARK invest touches anything it turns to GOLD, I believe another season has just begun for those who invested in ARK ETFs. In this season we will see everything will be burned into ashes!
First, let’s look at the numbers, and see the performance of ARK invest ETFs in the last 2 trading weeks! They are all sinking in Blood..!
PRINT: -23.16% in 9 trading days
ARKG: -21.69% in 11 trading days
ARKK: -21.06% in 8 trading days
ARKF: -18.59% in 5 trading days
ARKW: -18.41% in 8 trading days
ARKQ: -17.37% in 5 trading days
While people asking themselves which ARK’s ETF will perform better in 2021, now they should ask themselves which one will burn into ashes sooner???
Theme Investing
I believe the ARK’s CEO and her team members did not buy the Sci-Fi stories the told people on their social media, but they tried their best to sell it to others, and they were very successful..!
Look at the performance of these stocks, most of them skyrocketed 10x, 20x or even more in less than 2-3 years.
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CRSP, ROKU, SNAP, PINS,NNDM, WKHS, Tesla, and ...
Now as an example, I will explain CRSP and what ARK did with this stock.
There is no doubt CRISPER is one of the most important and disruptive medical innovations. Therefore, Jennifer Anne Doudna an American biochemist known for her pioneering work in CRISPR gene editing, awarded the 2020 Nobel Prize in Chemistry along with Emmanuelle Charpentier.
By a quick search on social media you will find ARK’s CEO talking about CRSP enthusiastically and the share price skyrocketed almost 20 times in the last 4 years. And if you see the ARK watcher, you will find out they almost emptied their portfolio from CRSP in the last 2 months and share price slipped from 220 to 125 since Jan 15th, 2021. Yet, I believe it could go down to 70 in the coming months!!!
The question is :
Is CRISPER not an innovative/ disruptive Genomic medical company any more? ( as a doctor and holder of M.D. degree, my answer to this question is : CRISPER is a disruptive Genomic medical company)
So the question could change to:
Everything ARK has talked about was not true? Or they don’t believe in the 3 trillion Genomic revolution they are talking about any more?
I believe ARK noticed a company with 719k revenue (CRSP)in past 4 quarter couldn’t have 15.5 Billion market cap, and they suddenly decided to insert the needle into the bubble they created in the first place, buy selling their CRSP shares!
Last words, I have a good news for ARK invest, Tesla chart is pretty much looks like CRSP..! So be ready for that bubble burst too!(Tesla is biggest part of the pie in most of ARK’s ETFs)
Time will show us the reality of the people’s claims..!
Moshkelgosha
Starbucks passed its all times high, what next?Potential gain:15-20%
Reward/Risk:3-4
Timeframe: 1-2 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Moshkelgosha
A safe bet for next week..!Potential gain:12-14%
Reward/Risk:3.5
Timeframe: 1-4 wks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Correlation study of EV makers!When I compare the EV maker stocks, I noticed 2 companies have different behavior in comparison to others and interestingly the have positive correlation to each other while having negative correlation with other EV makers!
These two companies are Fisker (FSR) and Canoo (GOEV). While most EV makers experienced more than 30% price correction in the last 3 weeks, FSR (28.50) is almost 90% above the last 3 weeks close(15.40)!
The important point is everything happens 2-4 weeks sooner in FSR in comparison to Canoo (GOEV). 2-4 wks delayed time cycle!
We should wait and see if such a move is going to happen in GOEV as well, or it is going to follow the EV makers group!
What about 3 trillion promised genomic revolution?While many people thinks when ARK invest touches anything it turns to GOLD , I believe another season has just begun for those who invested in ARK ETFs. In this season we will see everything will be burned into ashes!
First, let’s look at the numbers, and see the performance of ARK invest ETFs in the last 2 trading weeks! They are all sinking in Blood..!
PRINT: -23.16% in 9 trading days
ARKG: -21.69% in 11 trading days
ARKK: -21.06% in 8 trading days
ARKF: -18.59% in 5 trading days
ARKW: -18.41% in 8 trading days
ARKQ: -17.37% in 5 trading days
While people asking themselves which ARK’s ETF will perform better in 2021, now they should ask themselves which one will burn into ashes sooner???
Theme Investing
I believe the ARK’s CEO and her team members did not buy the Sci-Fi stories the told people on their social media, but they tried their best to sell it to others, and they were very successful..!
Look at the performance of these stocks, most of them skyrocketed 10x, 20x or even more in less than 2-3 years.
-
CRSP , ROKU, SNAP, PINS, NNDM , WKHS , Tesla , and ...
Now as an example, I will explain CRSP and what ARK did with this stock.
There is no doubt CRISPER is one of the most important and disruptive medical innovations. Therefore, Jennifer Anne Doudna an American biochemist known for her pioneering work in CRISPR gene editing, awarded the 2020 Nobel Prize in Chemistry along with Emmanuelle Charpentier.
By a quick search on social media you will find ARK’s CEO talking about CRSP enthusiastically and the share price skyrocketed almost 20 times in the last 4 years. And if you see the ARK watcher, you will find out they almost emptied their portfolio from CRSP in the last 2 months and share price slipped from 220 to 125 since Jan 15th, 2021. Yet, I believe it could go down to 70 in the coming months!!!
The question is :
Is CRISPER not an innovative/ disruptive Genomic medical company any more? ( as a doctor and holder of M.D. degree, my answer to this question is : CRISPER is a disruptive Genomic medical company)
So the question could change to:
Everything ARK has talked about was not true? Or they don’t believe in the 3 trillion Genomic revolution they are talking about any more?
I believe ARK noticed a company with 719k revenue ( CRSP )in past 4 quarter couldn’t have 15.5 Billion market cap, and they suddenly decided to insert the needle into the bubble they created in the first place, buy selling their CRSP shares!
Last words, I have a good news for ARK invest, Tesla chart is pretty much looks like CRSP ..! So be ready for that bubble burst too!( Tesla is biggest part of the pie in most of ARK’s ETFs)
Time will show us the reality of the people’s claims..!
Moshkelgosha
“ARK EFFECT” or Social Media Trading Bubble ???In this chart you see comparison between Tesla and Crisper. You may think comparing an automaker with a medical company is craziness! But you can not deny the the correlation you see in the charts, unless you have severe visual problem!
Question: why should an automaker and a medical company have the same pattern?
Answer: They both were ARK invest favorites!
Notice: ARK has sold most of it’s CRSP shares in the last 2 months and CRSP price slipped -45% in 25 trading days. Will Tesla be the next? I believe it could be, but We have to wait and see..!
Based on this correlation Tesla could sink to 500 or below in March 2021..!
*everything happens in CRSP a little sooner!
For more information read the related analysis..!
Moshkelgosha
Why this time is so different!!!(look at the evidences)NIO was the clear front runner of EV stocks since March 2020.
For the first time since April 2020, it crossed below its 50 EMA, what makes it different this time is
1- this is the biggest correction (+37%) in price since March 2020, all 3 former connection (25-36%) were less than this time!
2-in the past 3 connections NIO passed its previous high in 30 trading days! This time 32 trading days has passed and we are 35% away a from the previous high!
I believe this time it could go down even below 30 USD/share in the coming weeks!
Moshkelgosha
Most probable scenario in the coming weeks for Tesla!!!Could Tesla slip to its 200 EMA level? Answer: Yes, Of course, it could!
Based on the 2 previous major corrections tesla had experienced in 2018 (when there was no pandemic), and the correction it experienced in early 2020 due to pandemic. During the 2018 major correction, tesla slipped 43% in 105 trading days and crossed below its 200 EMA, and in the 2020 correction tesla slipped 38% in 34 trading days.
So far Tesla has slipped 31% in 20 trading days, which means the correction in nature is pretty similar to the last 2 major corrections if it is not worse than them..!
Q: Would Tesla go down to touch its 200 EMA? Answer: we have to wait and see!!!
Moshkelgosha
Correction, how deep could be(corrected version)This is the corrected version of the previous analysis!
Unfortunately, in the last one, I compared the Tesla chart with previous corrections in fb!
But what makes me to do this kind of analysis is that the Tesla shares could go down even further than the previous estimation..!
Could Tesla slip to its 200 EMA level and below? Answer: Yes, Of course, it could!
Based on the 2 previous major corrections tesla had experienced in 2018 (when there was no pandemic), and the correction it experienced in early 2020 due to pandemic. During the 2018 major correction, tesla slipped 53% in 120 trading days and crossed below its 200 EMA , and in the 2020 correction tesla slipped 64% in 30 trading days.
So far Tesla has slipped 31% in 20 trading days, which means the correction in nature is pretty similar to the last 2 major corrections, and speed of correction is close to the average of them..!
Q: Would Tesla go down to touch its 200 EMA? Answer: we have to wait and see!!!
I personally would not be surprised if I see Tesla below 500 USD/ share in the coming months!
Moshkelgosha
A review on what happened to the Market Cap Titans in this week!WATCHING THEM ALL TOGETHER MAY HELP YOU DECIDE BETTER!
No need to say they have one thing in common, LOWER-highs & LOWER-LOWS and MOST OF THEM SLIPPED BELOW 50EMA!!!
This is the most simple Definition and Sign of the Bearish market!
any bounce back could be an EXIT opportunity.
The bigger the loss becomes, the harder it becomes to accept..!
Moshkelgosha
Elliot wave theory in practice!Almost 17500% gain in 4 years and the correction that has just begun!
Potential price drop:55-60%
Reward/Risk:3.3
Timeframe: 1 year
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
After almost 7000% gain in less than 1 year what could happen?Potential price drop :70%
Reward/Risk:2.97
Timeframe: 3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Statistically almost all gamblers are losers at the end!If you are betting on game stop, you expose yourself to risk of losing 80-85% of your capital, the question is: For how much gain does it worth to expose myself into such a risks?
I believe traders who can’t manage their risk, will wash away from the market by their erratic behavior sooner or later!
After 14000% gain in less than 1 year what could happen?Potential price drop:47%
Reward/Risk:2.27
Timeframe:3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
After 11721% gain in less than 1 year what could happen?Classic double top is obvious in the chart!
Potential price drop:48%
Reward/Risk:2.92
Timeframe:3-6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
What could happen after +16177% gain in less than 1 year?Potential price drop: 45%
Reward/Risk:2.3
Timeframe: 1-3 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!
Hanging man in TILRAY..!A hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick
TILRAY skyrocketed 1400% in 95 trading days, make it possible for this hanging man pattern to be the Top for the trend.
If you have TILRAY, activate your exit plan.
What is interesting for me is Tilray has all the criteria for hanging man candle
IMO: Put options with risk management could be rewarding..!
Have UBER on your portfolio of 2021Potential gain:80%
Reward/Risk:5.5
Timeframe: 6-9 months
* we may experience a pullback..!
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to continue this.
Stay tuned great live stream and quality content videos coming soon..!