Stockmarketcrash
Bearish Targets for MSFT (Microsoft)Here's another bearish tech analysis. This one is brief. It's pretty clear what the setup is. Either we have a double top, or we drop from here. Either way, once we drop below the recent low of around 93.67, we will most likely head straight down towards my target at the red "X," between $50 and $57. That's the only support level we have below. What's pretty scary is that if it heads to that target, the log trendline will have been breached, and MSFT can actually continue its decline to the next green support zone. Looks like a pretty obvious bubble here.
The log graph for MSFT looks especially bad, with the log uptrend line lying so close to the current price (currently in the $60 zone). As soon as that purple line breaches, we'll likely be in free fall.
This is not financial advice. I'm just posting these charts to see how accurate (or inaccurate) I am in the coming years. I could be very wrong, and I'm not a professional by any means. This is simply what I'm seeing in the charts. I wanted to do a few for the major tech stocks to see if I can get close to the bearish targets if and when the real bear market starts. People might be wondering why my targets are so low. It's simply that people are not buying tech as zealously anymore. People are satisfied with this current level of innovation, and are finally feeling buyer's exhaustion. If not enough people want to buy, then the price drops. I wrote a more in depth analysis on my DJI chart (linked below)
-Victor Cobra
I wouldnt hold Amazon stocks at the momentThe market is telegraphing, it’s letting us know how it is feeling and I can assure you the feeling is not one of joy. One of the stocks that is looking sick at the moment is AMZN. I am expecting to see a BIG drop in the near future that should bring AMZN down to the $1200’s and the UGLY part of this prediction…. This is not going to be the bottom!
Dow Jones should close just above 24,719 end of 2018I think the graph has enough information... We will see... Next Rally in Dow Jones should be the result of USD printing in the economy, not allowing the stock market to crash. Get ready to witness the longest bull rally in history... Lets see.. what times brings in
My personalized bitcoin index (factoring in USDT fluctuations)It averages the price across 9 exchanges, while calculating the actual USD value of bitcoin in USDT markets by multiplying the respective exchange rates by the value of USDT according to Kraken.
Here's the formula for the chart in case anyone wants to use it themselves: (COINBASE:BTCUSD+BITSTAMP:BTCUSD+GEMINI:BTCUSD+POLONIEX:BTCUSDT*KRAKEN:USDTUSD+BITFINEX:BTCUSD*KRAKEN:USDTUSD+BINANCE:BTCUSDT*KRAKEN:USDTUSD+BITTREX:BTCUSDT*KRAKEN:USDTUSD+OKCOIN:BTCUSD+HITBTC:BTCUSD)/9
See related ideas(or find me on twitter/facebook/steemit) for more reasons why I'm so bullish.
The chart should pretty much speak for itself, breakout of a falling wedge...
Breakthrough discovery was found, (Part 2)This is unusual for us to analyse the S&P500 since our expertise is in the crypto space,
but since the last S&P500 minor crash interfere with our bitcoin prediction, and ruined nearly two months of perfect accuracy( imgur.com ) we had to come and check how serious this really is.
A another chart will be released soon of today's in the comments
16% explanation - thedowtheory.com
Everything that has a check sign next to it has already happened.
We also expect this to bring Bitcoin into a new highs, as the ETF is closer then ever to being approved, and it should happen within the next 4 months,
it will be just in time before the stock markets collapsed, and investors are seeking to hedge against it on Gold 0.03% & Bitcoin 0.37% .
We will always be here to welcome you if you decide to join the crypto space, our website is www.whaletank.trade
We are giving market predictions, Daily signals, and many masterpiece features on our website.
Prepare for Monday Crash!After having several distribution days in the last half a year, with the beginning of 2018 the Nasdaq has further accelerated from its usual uptrend, only to have a sharp 10% decline with volume increasing. It broke the previous highs later, but on miserable volume, followed by other high volume selloffs. The recent rally back to the 50 day Moving Average is also accompanied by significantly decreasing volume. All of these signs combined with the Bearish Engulfing candlestick pattern right at the 50 day MA is a really big danger sign for Monday. The S&P500 and the Dow is also showing the exact same patterns.