Moshkelgosha

Moshkelgosha

Facebook changed the name to Meta but it did not change the trend of the stock price! The market did not buy the Metaverse so far..! 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 the coming days in these charts! Enjoy Holidays, Moshkelgosha DISCLAIMER I’m not a...

Moshkelgosha

Most probable scenario: fluctuating between 318-350 for a while! 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 financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer....

Moshkelgosha

Monitoring AAPL's reaction to these 2 lines is important! At this time it does not seem Bulls have enough power to break the resistance! Neutral..! 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 financial...

Moshkelgosha

In the past 2 weeks, you barely find 3 candles of the same color in a row..! A choppy market refers to a market condition where prices swing up and down considerably, either in the short term..! or for an extended period of time. A choppy market is often associated with rectangle chart patterns and volatile periods where a trend is not present (or the trend is...

Moshkelgosha Updated 

Twitter underperformed and breaks the support line! the next support level could be 53-50-49 levels in the coming months! I think it may go down to 49-50 by the end of 2021. Do not forget this is the first day it gets out of the consolidation pattern! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst...

Moshkelgosha

After 50% correction in the past 9 months, TWTR has made a Bullish AB=CD pattern..! You can also consider an ABC correction you like wave analysis! A review of yesterday post: Yesterday's trade set up which generates +60% in 1 day..! Option walls: 42-45 max pain 45 Buy call 42, Dec 23,2021 at 1.28, Stop loss 0.89 and target 2.7-3. Capital size:...

Moshkelgosha

“There’s no such thing as the goose that lays the golden egg forever.”– Jim Simons I want to start this post with my last Bullish analysis for NIO on January 2nd, 2021 which is by far one of my best analyses ever: Then my Short analysis when it was 57, January 30, 2021: And reviewing the Crash forecast for EV makers in February 2021: The challenge...

Moshkelgosha

Tesla is the biggest EV maker, Lucid is a Luxury EV maker, And Rivian makes EV trucks that loses 62% of its range if it tows..! And it did not deliver anything so far..! They just manufactured 154 pickups so far! I believe shorting RIVN could be the most profitable in the next few months..! You can see the most important support (green lines) and resistance (red...

Moshkelgosha Updated 

Major cryptocurrencies experienced a 27-40% decline in the past 3 weeks and now they made a consolidation pattern! Interestingly, they made 2 positive days followed by 2 negative days of small cycles, and they barely move in one direction for 3 days in a row in the past 12 days! This shows weakness and in the decision in the market! Conclusion: Neutral until we...

Moshkelgosha

This is the most important week of the year for small caps! If Russell 2000 closed below 2100 this week, this must be considered as a rectangular top in the weekly chart! and we are less than 1% away from the 2100 level! The Russell 2000 Index is a small-cap stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index. The Russell 3000...

Moshkelgosha

US oil price could drop to 62 once again losing its bullish channel after 82 weeks! Support level: 62 Resistance: 73 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...

Moshkelgosha Updated 

George Soros: Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception. I started my article with George Soros's quote and will continue with his great wisdom about bubbles! I think he was the one who benefitted from stock market bubbles the most! and this happened because of his approach...

Moshkelgosha

Currently, DJI is below the 36565.73 (All-Time High) making a broadening formation. Broadening formation is a neutral pattern that shows random disagreement between buyers and sellers and high volatility! Scenarios based on highest probability: Scenario 1: It could be followed by a contracting formation with lower volatility. Scenario 2: Breakout and decline to...

Moshkelgosha

There are incredible similarities between the 2..! One is a meme stock and the other is meme crypto! Weekly chart: I think Dogecoin soon will be 10cens or lower! 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...

Moshkelgosha

Solana could go down to 115 in the next 4 weeks! It has lost its bullish regression channel! Previous analysis: 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...

Moshkelgosha

It seems with the current market situation The conservative target of the past analysis has a higher chance to be valid: The above analysis is based on a Weekly chart and in the Long term has more validity! AAPL could correct to 160 in the next 2 weeks! Note: correction is a normal process in a bullish long-term trend! This analysis is for short time...

Moshkelgosha Updated 

Entry: 1175 Stop loss: 1243.50 Reward/Risk: 3.46 Target range: 938 Time Frame: 6 wks Possible gain: 20% Possible loss: 5.83 % 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...

Moshkelgosha

My previous Analysis just hit the target: So it is time to set the next probable target! Target 720-760 by Feb 2022 or sooner..! 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...