Review Upstart chart is highly recommended! You can learn most of the technical rules in this chart! But the most important thing you will learn is: Market sentiment and price pattern are more important than the fundamentals! While the fundamentals of this company became better and better, the price crashed more than 60% in the past few weeks! Looking at my...
What Is a Rounding Top? A rounding top is a price pattern used in technical analysis. It is identified by daily price movements, in particular the tops, which when graphed, form a downward sloping curve. Technical analysis of price information suggests that a rounding top may form at the end of an extended upward trend and that this price pattern may indicate a...
NASDAQ broke below the neckline yesterday and finished the pullback in the 1st hour of today's market! It is highly likely we see another 8% correction by the end of December! The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an...
In this week, we see the market is doing good in the first 1 or 2 hours of the main session, and then all the gains wipe out! Be careful..! 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...
I published this yesterday: These stocks are better to keep on your short watchlist in the coming days! Options traders could also think about Puts! and I also publish this as well: These charts have common features: 1-They are all Giant Tech companies! (except RBLX ) 2- They have above-average price volume! 3- They had a bullish rally recently! 4- They...
The oil price has reached 62.46, as was predicted in the previous analysis! This level could be a very important support level, and I am looking for a possible reversal sign here! One good option could be: You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
The CEO of ark Invest repeatedly talked about the possibility of a crash in Index funds while denying Her Managed ETF is one of the worst performers in the market since February 2021! In February I publish this: Please review her performance in 2008, to know more about her performance in a possible Bearish market! Orange line: S&P500 Blueline:...
FB could move toward 325-320once again and this means put options have high return potentials this week! Important price patterns in the Multi-Timeframe 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...
AMD could move toward 150 once again and this means put options have high return potentials this week! The previous analysis is still valid..! 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...
If you search the net and youtube, you will find lots of analyses that Palantir will go to the moon, Mars, or whatsoever! But I think this level could be a safe entry for the next 12 weeks! While everyone buys PLTR because of ARK investment, I would like to buy because Reniacence technologies increased its position by 1519.13% on September 30! However, I am buying...
Yesterday, S&P 500 lost 1.9% and closed below 50EMA, it also made 3 outside down patterns in the weekly candle and gravestone Doji in the monthly candle! So far we have a constellation of Bearish patterns in Daily, Weekly, and Monthly charts! However, SPX is -3.77% away from the all-time high, and all previous corrections were below 10% since March 2020! I think...
Overall trend Bullish The correction could finish soon and it may start another bullish move soon! Based on the previous behavior: Bullish moves: 24-58% Corrections: 16-30% SentinelOne provides Endpoint Protection Platform solutions to optimally protect enterprises' internet-connected devices from cyber threats. The company benefits from an ongoing shift...
There are two different alarming signs in 2 different time frames: Daily chart: Possible head and shoulders..! Weekly chart: Bearish Engulfing The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its...
Oil slipped 12.63%, the biggest decline since April 2020, and now trading at 72.5 USD/Barrel. I think 75-77 is playing the resistance rule once again and OIl could go down to 62 by the end of 2021 if more countries start lockdowns and travel restrictions! The most probable scenario could be fluctuating between 62-77 in the coming weeks. You can see the most...
Moving toward 3300 could be the possible scenario! After a 117% move in 6 months (March-September 2020) amazon has built a sideway pattern! It seems the price tends to fluctuate between 3050-3550! Buying at the lower border and selling at the upper border of this sideway seems the best strategy unless we see price gets out of this region with strong...
GOOG could move toward 2750 once again and this means put options have high return potentials this week! Important price patterns in the Multi-Timeframe 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...
MSFT could move toward 320 once again and this means put options have high return potentials this week! Important price patterns in the Multi-Timeframe 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...
Apple could move toward 153-151 once again and this means put options have high return potentials this week! Important price patterns in the Multi-Timeframe 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...