Moshkelgosha

Moshkelgosha

A safe haven is a type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns. (Investopedia) In these monthly charts, you can see the performance of Gold and compare it with Cryptocurrency, NASDAQ, and S&P...

Moshkelgosha

In the past 3 weeks, Nasdaq 100 has lost 11.53% of its value! At the first glance, it may seem normal after such a long bullish rally, but I asked myself: Could this be considered normal for Nasdaq 100? Did this happen before? To answer this question I change the time frame to 3 weeks and wrote a simple script to flag the candles with equal or more negative...

Moshkelgosha

It is very likely that we see at least a 10% correction in the coming weeks! Closing above 88 will make this analysis obsolete! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a...

Moshkelgosha

Amazon can go down to 2200 in the next few weeks! This analysis uses the Darvas trading model..! This is weekly chart and do not forget there will be few green days among the majority of reds! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a...

Moshkelgosha Updated 

12 years ago when I started this journey(trading/investing), I told myself: you have to review the background of the most successful traders and investors and pick the bullet points that work the best for you! Before I came to the US 2 years ago, I have never heard about ARK invest. I remember the first time I search for the best-performing hedge fund in the past...

Moshkelgosha

For those who like the Darvas Box method: I change the forecast from Short to neutral The Red box is a clone of the Yellow box! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on...

Moshkelgosha

AMD has reached the lower border of the Bearish channel and bounced back! In the past 72 days, AMD has lost 27% of its value, and this process could be extended further..! Meanwhile, there is a possibility that AMD Approaches the upper border of the channel before going lower! Good entry will be published if the reversal pattern is confirmed..! I change the...

Moshkelgosha

NVDA has reached the lower border of the Bearish channel and bounced back! In the past 60 days, NVDA has lost 32.8% of its value, and this process could be extended further..! Meanwhile, there is a possibility that NVDA Approaches the upper border of the channel before going lower! Good entry will be published if the reversal pattern is confirmed..! I change...

Moshkelgosha Updated 

NVDA closes below 50EMA for the 3 days in a row, for the first time in the past 3 months! I believe closing below the support line (270) can push it lower to 230 in the next 5-6 weeks! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance...

Moshkelgosha Updated 

AMD closes below 50EMA for the 3 days in a row, for the first time in the past 3 months! AMD is in a complex correction, this phenomenon has been explained with details in the previous posts! based on the similarities between the current correction and the previous one, I think it is highly likely that AMD go down to 120 in the next 5-6...

Moshkelgosha

Netflix earnings beat the expectations, yet you see a -24% in one day! I believe this is clearly talking about what you should expect from the earning season! If anyone has enough money to bet against(buy puts) all the coming earnings, and all the positions must be equally weight-adjusted(1% of the trading capital) I believe he could make a great deal of...

Moshkelgosha

looking at the Nasdaq and S&P 500 charts in the past 3 days shows 3 consecutive red days which are very similar to the famous black crows! The only difference is you expect 3 black crows after a bullish rally, not after a 5-10% correction! this indicates sellers are strong and in control! Reviewing the last market hour in the past few days will show you all daily...

Moshkelgosha

Since my last analysis (January 5th) reached its target level with 100% accuracy, this is a good time to publish a new forecast for Etheruem. Another 1000 USD drop is likely in less than 2 months! and ETH could be less than 1700 in the next 8 weeks! Keep in mind there will be always a few green days between the majority of reds! You can see the most important...

Moshkelgosha Updated 

It does not matter if you look at it as a head and shoulder or a quadratic regression (function)! The most important thing is that it is moving toward 30K once again..! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst,...

Moshkelgosha Updated 

With the current momentum, it is highly likely ETH will retest the 2650-3150 zone in less than 3 weeks! Keep in mind this is a 3 weeks forecast and there will be some positive days in between that could be used for day traders! However, the probability of having more red days is higher! Best, Moshkelgosha DISCLAIMER I’m not a certified financial...

Moshkelgosha Updated 

As you can see in the chart SPX responded very well to the lower border of the channel and now the question is: Is this a good time for entry? The answer could become more clear after reviewing the previous correction and how they were ended..! Reviewing the past correction reveals a common pattern at the end of the corrections: a complex of 4 candles (Red,...

Moshkelgosha Updated 

25% decline in less than 2 months for NFLX is not what many people expected, but option data suggest more volatile days ahead. Looking at the options date for the next 4 weeks, you can see 1.37 Put/Call ratio which is very high and indicate more bearish momentum! Option wall:400-580 Maxpain: 550 Be careful with the earning in the next 8 days! The big question...

Moshkelgosha Updated 

My answer to this question is: No this is not a good time and we are going to see lower prices in the next 2 weeks and then there could be recovery! 50 days rate of change is negative and SPY seems rejected from 50 days EMA. Most probable scenario: another leg of decline in the next week: You can see the most important support(green line) and resistance (red...