it seems Banks stocks have finished their correction and started a new rally! Keep them in your portfolio during high inflation times! 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 financial...
All the information you need for entry, stop loss, and target is provided! Reward to risk ratio 2! 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 financial analyst, an economist, a CPA , an...
Tesla will end the week between the Red and yellow lines! What Is Max Pain? Max pain, or the max pain price, is the strike price with the most open options contracts (i.e., puts and calls), and it is the price at which the stock would cause financial losses for the largest number of option holders at expiration. The term max pain stems from the maximum pain...
I will not be surprised if bad news comes out for Tesla or another silly tweet wipes out another 100 Billion dollars of Tesla's market cap..! Tesla Put/call OI: 0.87 (anything above 0.7 is significant) Next week Put/call OI: 1.17 (is very significant!) A couple of billion dollars bet against tesla with less than 10 days expiration, is not a retail trader's...
9 months ago, I published this analysis: the first target could be 97..! however, This time it could go down more? 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 financial analyst, an...
In 2021 I learned a lot of lessons..! The most important lesson of 2021 for traders could be: 1-The market is a dynamic phenomenon..! 2- Reevaluate your positions. 3- Monitor the changes closely. 4- Accept your mistakes and correct them asap. 5-Prices will not always repeat Best, Moshkelgosha
“Consider the statement, ‘it is raining.’ That statement is true or false depending on whether it is, in fact, raining. Now consider the statement, ‘This is a revolutionary moment.’ That statement is reflexive, and its truth value depends on the impact it makes.” (George Soros) What separates George Soros from the rookie traders who are gunning the market right...
I received lots of interesting comments for the previous analysis: Some called me a certified gambler, some people believe folks see what they want to see, and some others said I'm completely lost..! but let's review the previous analysis..! Entry: 136 Stop loss: 130.59 Reward/Risk: 2.67 (it is not Ideal) Target range: 150.44 Time Frame: 2 wks Possible gain:...
Tesla could go down to 980-1000 once again! the next support level would be 880-900..! 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 financial analyst, an economist, a CPA, an accountant, or...
Detecting complex corrections prospectively is not easy! People usually look at these models retrospectively! However, looking at the previous correction pattern and the undeniable similarities with the current correction makes it more likely that we experience another leg down! Top declining, Flat(rising) bottom ould be the most probable scenario..! Opinion:...
Google has made a flat bottom triangle! Fluctuating between 2800-3040 is the most probable situation for the next few weeks! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Enjoy the holiday season, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified...
Bulkowski believes any pattern above 3 weeks is a channel or rectangle, not a flag..! having said that any price above 1100 USD could be another good short opportunity! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Enjoy Holidays, Moshkelgosha DISCLAIMER I’m not a certified...
While Omicron push the Oil prices out of a 13-month bullish channel it seems it was transitory..! Oil trying so hard to get back on track! while everyone looking at tech companies, 2021 best performance belongs to the Energy sector with a +48% gain..!
Historically, some days or months have tended to be better or worse for stocks. These so-called market anomalies challenged theories of efficient markets. However, research shows that as these anomalies became more well-known and trading became more automated, these have largely all disappeared. The January Effect is the perceived seasonal tendency for stocks to...
S&P 500 has reached above 4700 level, 8 times since early November but could not hold above this level..! Let's see if Santa has enough energy to push hold this level..! The Santa Claus rally refers to the tendency for the stock market to rally over the last weeks of December into the new year. Theories for its existence include increased holiday shopping,...
Entry: 4050 Stop loss: 3900 Reward/Risk: 3 Target range: 4500 Time Frame: 4wks Possible gain: 11% Possible loss: 3.7% Position size: 5% of trading capital 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...
Entry: 50500 Stop loss: 48000 Reward/Risk: 3.2 Target range: 58500 Time Frame: 4wks Possible gain: 15.86% Possible loss: 4.96% Position size: 5% of trading capital 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...
What Is a Wedge? A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. monitor for reactions to the red and green lines! You can see the most important support (green lines) and resistance (red lines) to watch in...