Facebook NASDAQ:FB going lower was something many people did not expect on February 3rd, 2022 after the huge drop on earnings. I am afraid that many investors and traders did not pay heed to the words of one of my favorite investors Peter Lynch that "a stock can always go lower." Now price is grinding down those expecting a quick bounce. Let's look at this...
A head and shoulders is either built right now on the S&P 500 weekly chart, or it is going to begin building the other shoulder now. Be watching for this new level to be the neckline and then $4500 being the next shoulder. The S&P is held up by the larger weighted stocks and many have sold off for quite some time. Some are down 20-40% already.
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Yet another interesting week is past of a very volatile time of the year. There are still lots of opportunities out there in these markets if you know where to find key Support and Resistance levels each week to find trading opportunities between them! In this video we look at the price action on Bitcoin BITFINEX:BTCUSD , Ethereum BITFINEX:ETHUSD , Bitcoin...
Twitter has just reported earnings. The significant news was the buyback program. Take a watch to find out more.
Hi everyone, Technical Analysis can often be associated along with options strike analysis to help justify large moves in the markets. TSLA is currently coiling between a tight range and when it moves we have some great ideas of the next target prices.
Hey Everyone, in this video we discuss the large swings we expect for 2022 and what might be setting up for the next few quarters on the stock market.
Today we were discussing the purchases of Netflix NASDAQ:NFLX by Bill Ackman: Ackman sent a letter to investors in his hedge fund saying he had bought more than 3.1 million shares of Netflix, the video streaming pioneer whose stock had seen such vast reversals in recent days that it had been trading at June 2018 levels. At Netflix’s current price of about...
This week Bitcoin BITFINEX:BTCUSD is at a key RESISTANCE LEVEL and you need to watch it! We take a look at the Bitcoin Market Dominance to see if Alt Season is underway. The S&P500 and Nasdaq Stock indexes and the VIX Volatility Index are all giving us signals that this recent correction is over! Oil continues its rise to 100. Now is the time of year for...
I want to show traders examples of a powerful phenomenon for trading price action. This quick price action happens on earnings, major news events, and other catalysts. It happens on stocks, cryptocurrency, futures, and anything that trades! This involves some candlestick analysis but is incredibly simple. Traders can use this to spot reversals and be...
DAX price action multi timeframe analysis, potentially big shorts coming soon.
Today we post about the nasdaq 100 and SPY falls after market and what Wall Street might be doing next!
Because every time someone asks me what I think a coin will do requires more than a simple answer to properly explain my idea and my thinking. This video took 20 minutes and I think I spoke quite fast to get enough information in here. My streams can be seen to get a better understanding. I try to stream every weekday morning at 9:30 and every 1:30 (4HR change...
Today on earnings NASDAQ:GOOG announced an upcoming 20 to 1 stock split. This is a major news event with a history we can look back on. There are three instances from the last two years (TSLA, AAPL, NVDA) where tech stocks announced splits and then proceeded to FOMO rally. Trade with proper risk controls but look for opportunity NOW in Google! I talked about...
With January being so volatile what is in store for February? Will the markets continue to bull or crash again, here are the stats and some Big Resistance zones!
We know the stock market is highly volatile with the VIX above 20 and daily moves at above 2-3% but what if we are in a bigger bull trap scenario?
Maybe. Robinhood stock (HOOD) could have setup a bottom on the last earnings. The stock has been rallying today but the foundation for why this could be a bottom still presents a good reward risk trade. In this video I talk about the potential trading setup, why I like the potential, where it goes wrong and you need to stop out, and use HOOD as a teachable...
Good evening traders! Tonight we look at the technical levels for trading stocks, cryptocurrencies, oil, gold, the US Dollar, Tesla, Apple, Exxon, and evaluate the thesis that cryptocurrency Alt Season may be soon. These are levels for trading in the upcoming week and represent the research traders should do in advance to find trading opportunities.