The current administration says the FED today has "more credibility than Volcker FED". I didn't think I had to clarify why this is a poor joke, but considering the state of afairs... Let's us examine that statement. Above is a chart comparing the CPI vs the interest rates and is very clear to me how bad this administration is, but nobody seems to realize yet how...
Apple just BO a very relevant trendline and is officially developing a downtrend. Since this a blue chip (and one of the biggest companies of the NASDAQ) I'm not eager to short without considerations. I don't think Apple will "go to zero" obviously, but this could be the beginning of a big dip and I intent to capitalize on the drop. Shorting the PB to the...
Let's make it an objective explanation to what a trendline is. It's an average of price points. An average that is constructed in a vertical design (up or down) to visually aid the direction that price is moving. Technical analysis needs to be Technical. That means being objective, quantitatively and mathematic, not having objective concepts results in endless...
Netflix is in a powerful downtrend in the Daily Chart, already under the 200ma. That makes us interest in seeking short positions in the stock, however, there are technical indications that a deeper PB can happen in the coming weeks (MACD divergence), so we advise waiting price make higher highs to sell short with a better entry price.
This is a higher risk trade, because is a short on a notoriously volatile market with bullish explosive moves, but like all markets BTC must make corrections and a pullback to the 200 seems very likely. I'm attempting to get a quick "scalp" in the sense of not being in for down swings. I want a leg down, and get out quick. Always measure your risk adjusting your...