The price may reflect the random disagreement between investors Megaphone patterns show higher volatility is coming! A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant...
Ethereum has made a diamond pattern and it could go down to 3500-3400 once again! A diamond top formation is a chart pattern that can occur at or near market tops and can signal a reversal of an uptrend. A diamond top formation is so named because the trendlines connecting the peaks and troughs carved out by the security's price action form the shape of a...
In less than 48 hours, we are going to see a new high inflation record in the past 3 decades! Let's go back a few months ago, on May 30, 2021, I published my first article about Inflation: It was a contrarian view compared to Jerome Powel chair of the Federal Reserve of the united states who believes inflation is temporary and COVID related. Title: Accelerated...
I think Bitcoin is moving toward 46-45k and Ethereum will touch 3900-4000 soon! Flag Pattern:(Investopedia) A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag...
LCID will come down for the same reason it jumped up..! Previous analysis: and before that: you may benefit from this post as well: 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...
Shorting the market is always more sophisticated than buying the bull market! And if you are willing to use Options contract to do that it needs more calculations and close attention to statistics! Having said that, it is crucial to monitor option trading data as well to have better forecasts..! SPY and QQQ are amongst highest volume traded option contracts and...
AAPL is currently ranked 1st on WSB mentioned ticker list after SPY, but I think Today or Tomorrow could be the last green day for AAPL! AAPL Put 175 DEC 10, 2021, is currently trading at 2.15..! (lowest price of the day 2.11) I am going to review this post on Friday! Max pain 165..! option trading exposes you to a high risk of losing your capital, never investing...
Last week Volume price is so significant that it is hard to ignor! Highest Volume since Feb 2021 and 2x of weekly average in the past 52 weeks! This clearly shows the willingness to close long positions is at the highest level! The only bigger and green bar is the last week of March 2020 at the end of the pandemic crash! I am going to monitor this as a...
Comparing the current S&P500 correction to the previous one in September 2021 reveals: 1- This could be the first phase of correction(A), and we may have a B and C in the coming days! 2- The first part (A) is -5.28% (11days) in Sep 2021 and -5.24% (8) in December 2021, Rate of change is 36.5% higher this time..! Conclusion: Correction at a higher level with a...
Intel beats the expectation by 53% yet opened 11% lower after the earnings and revenue..! This is why I usually do not like to hold stocks before earnings! This is happening when P/E:11 EPS:4.53 DIV YLD: 2.48% and fundamental analysis fair price for INTC is 63-68. INTC is a Blind Buy at 43-45 zone and Blind Sell at 67-69 zone. This trad set up generates 50% easy...
Market experienced one of the highest volatility days in the 2021, and Closed 1.17% higher! however, still we can not see any Up-swing..! Keep looking for a higher high and a higher low..! Do not rush..! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
looking at the previous reversal patterns in FEB 2020 and FEB 2021, Shows this top swing pattern (Gann Swing) could be followed by a 30-50% sharp correction! Jim Simons: We search through historical data looking for anomalous patterns that we would not expect to occur at random. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a...
Rivian Automotive reached a 132 Billion dollar market cap which placed it as the 4th biggest automaker in the world after Tesla, Toyota, and Volkswagen. However, in premarket, it has passed Volkswagen and it seems today it will be named as 3rd biggest automaker in the world. It will be as big as General Motors and Ford combined! The question is how long it will...
It is a critical level for Solana at the bottom of a bullish upward regression channel! breaking below the channel could lead to further decline, however, if it holds, another possible move toward the upper border of the channel is likely! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor or a certified financial analyst or an economist...
US oil prices corrected to 77 as predicted a few days ago and bounced back once again! Oil prices are usually influenced by different factors: 1- Supply: Production OPEC and Non-OPEC 2- Demand: higher in the cold seasons! seasonal! 3- Strategic Petroleum Reserve (SPR): changes are important! 4- Geopolitics: this one is the most important factor in fast changes...
Another Bullish rally or Correction? The answer is: wait for it to close above the red or below the green line, and then bet on the direction safely! 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...
The candle in the first 30 minutes shows that the dum has just started! WSB will dump it from now on! 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...
LCID could move toward 47-43 once again and this means put options have high return potentials this week! reviewing previous analysis could be beneficial: 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...