You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! AAPL: MSFT: TSLA: AMD: NVDA: FB: BABA: PLTR: TWTR: AMC: GME: TLRY: Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an...
You can not find a single article that says going higher at lower volume is a sign of strength..! Similarities between the past 2 weeks and January 24 - Feb 9, 2022, are not deniable! In both cases, we see a Sharp Downward move followed by a shape upward move at lower volume! The FOMC effect will be soon punished..! The final question: Why trading volume...
I think whatever you need to know about a Formation of bubbles and their burst you can see in the ZM chart: An 805% move in 18 months followed by an 84% decline in the next 17 months: During that 84% decline, you see a 36% and 48% positive surge, but the aftermath remained the same..! Even a significant change in the fundamental did not help: But ZM...
These are my observations: 1- +17% surge in Nasdaq in the past 11 days: Let's see if we can find anything close to it: 1- April 2-17 2020: When COVID Market Crash Finished. 2- March 9 -23, 2009: 3- Oct 9-23, 2002: 4- August 5-22, 2002: Moreover, something like this or bigger happened during The Bubble.com crash at least 8 times..! and we do...
Possible scenarios: 1- retest the lower border of the channel and 50EMA. 2-Breaking below the channel test previous low(A) 3-Retest the previous support at 85. Closing above 117 makes this analysis obsolete! Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant,...
I chose the SniperTrader nickname to remind myself to execute killer trades you should behave like a Sniper..! Sit patiently in shadow, evaluate your target behavior, let it come to your fire range, and pull the trigger..! The Story of March 20, 2022: Entry: 2875 Stop loss: 2765 Reward/Risk: 3.41 Target range: 3250 Time Frame: 1-2 wks Possible gain:...
Let's observe charts the way Wyckoff looked at them: Analysis of supply and demand on bar charts, through examination of volume and price movements, represents one of the central pillars of the Wyckoff method. Wyckoff's third law (Effort versus Result) involves identifying price-volume convergences and divergences to anticipate potential turning points in price...
Looking at the past 6 days' rate of change we can compare it only with the early stage of the post-pandemic rally in 23-30 March 2020. It reminds me, Wyckoff: The Composite Man carefully plans, executes, and concludes his campaigns. The Composite Man attracts the public to buy a stock in which he has already accumulated a sizeable line of shares by making many...
AAPL is in a downward trend since January 4th, 2022!' Although AAPL could go down another 10% in the coming weeks, I believe this is not a good place to short it just before the Quadruple Witch(March 18th). Education: If you detect a Downward regression channel try to open a short position in the upper half or at least near the midline..! The biggest problem...
This week: 1- Upper border of a downward regression channel..! 2- AB=CD harmonic pattern target 945 3-Resistance :935-950 Conclusion: Moving toward 950 and correct to 850. After that: It is possible to move toward 1200 once again..! Tesla has been and will be full of surprises..! Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified...
After a sharp 107% move in 67 trading days, oil price experienced a 28% decline and now is back at 50EMA..! This move has other interesting features as well: 1- Back to the upper border of the broadening pattern: 2- Back to the price action support zone : 3- Retracement to 50% Fibo: 4- AB = BC correction pattern: And the real reason behind the...
A quiz is usually a short test and often doesn't have a huge impact on your grades as a test has. But this one could have a huge impact on your portfolio..! I provide the chart and the cheat sheet. For more help you can look at my previous analysis as well: or or You like to learn more, read this article: www.investopedia.com Question: How you...
Technical: breaking above 52 weeks high will open a new horizon for further increase in price..! Fundamental: Crack spread is now twice more than average of the Q4,2021..! I am confident Valero will make more money in Q1 2022 than all four quarters of 2021 combined. there will be a huge gap in price after the next earnings..! Best, Dr. Moshkelgosha...
Tuttle Capital did a great performance of +102% since November 9th, 2021..! This result will shine more when you compare it to the -19.58% return of NASDAQ 100 in the same timeframe..! I believe after a slight pullback, it will be among the winners of 2022..! Reading this could be fun: At the Dynasty Financial Partners' 2021 Investment Forum, Wood shared her...
Let's look at the mechanism that leads to this phenomenon 1-Short Covering Trades 2- Short Squeeze + Gama Squeeze just before Quadruple Witch, it was top rank on Wallstreet Bets in this trading week. 3- Market Makers: Max Pain: 113 which means market makers are the winner of this game..! Do not forget: A: BABA is still 65% away from its all-time high..! B:...
It seems Oil and Gold listened to the FED's chair speech yesterday and find their support ..! History showed during the high inflation era, Energy and Gold outperformed..! OIL: Higher oil prices contribute to inflation directly and by increasing the cost of inputs. There was a strong correlation between inflation and oil prices during the 1970s. Oil's...
After successfully predicting a 10-15% decline in Russell 2000 now we need to look at it once again..! I think the top of the orange box could be a strong resistance level and the relief rally will be ended there..! Also, this could be the SOW part of Wyckoff model: Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor,...
This is NIO weekly chart which clearly shows the long-term outlook! with the current trend, 20-15 could be possible in the next few months! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified...