Once again COVID caused a panic sell-off in the markets! I believe this is too early to talk about the worst-case scenario! because the information about this new variant is limited! however, this limited information was enough to cause a sell-off while US players are mostly on holiday. So, the low volume could cause high negative volatility! According to...
I have written about it many times! While many people think market manipulation happens as a Pump and Dump, I noticed it is actually more common to happen as: Dump-Pump-Dump! It seems there will be no more Dump..! Now we should look for the Pump phase! PLTR is now ranked 7 on WSB..! for more information read the below article! ...
Entry: 39.70 Stop loss: 38.88 Reward/Risk: 6.95 Target range: 45.40 Time Frame: 4wks Possible gain: 14.36% Possible loss: 2.07% 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...
Entry: 19.35 Stop loss: 18.93 Reward/Risk: 6.36 Target range: 22 Time Frame: 4 wks Possible gain: 13.18% Possible loss:2.17 % 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...
Oil correction happened as predicted, now we are looking for the price action and sign of reversal! 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...
looking at the charts, most big techs have long upper shadows or a long red candle! Apple is an exception! Today smaller tech companies are hammered so hard which is not a good sign as well! Taking profit or raising stop loss could be a good strategy!
In this analysis, I want to review S&P500 performance in the week before and after the past 11 years Thanksgivings! 2020: +2.58% gain before Thanksgiving and -1.37% drop after that! 2019: +1.16% gain before Thanksgiving and -2.64% drop after that! 2018: -3.68% drop before Thanksgiving and +4.96% after that. 2017:+0.68% gain followed by another 2%...
Looking at the trading volume you can see all Major airlines traded with above the average volume at these prices! I think in the next 4-6 weeks they have the potential to gain +10%! 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...
Microsoft was the biggest company in the world for a few weeks! Now, Apple is back at the top of the list of the highest market cap companies! and could widen the gap with MSFT in the coming days! I think AAPL is moving toward 170..! Now let's look at the important levels for the top 12 mentioned tickers on wall street bets! where AAPL is ranked 6th! Rank 1-6: ...
Trading based on evidence! Palantir tends to oscillate between 21-27..! I know you may think it will go to the Moon! But I think trading the reality will have better results! I will keep watching this for a potential reversal pattern around 21! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
Total Crypto market cap, Bitcoin, and Ethereum have just crossed below their 50 EMA and lost their previous support level! The most important support level for bitcoin is 58 k and for ETH is 4k..! closing below these levels makes more correction the most probable scenario! You can see the most important support (green lines) and resistance (red lines) to watch in...
Rivian and Lucid have entered the deflationary phase! I believe Rivian could move toward 95 and cross below this level, and soon we see Lucid below 40! Review the past few analyses could be interesting: RIVN: LCID: You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! DISCLAIMER I’m...
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! From the most to the least probable: - Moving between Green and Red lines: Consolidation - Crossing below Green line: more Correction - Crossing above Red line: Bullish rally resume. Dow Jones: Is the very close to cross below the support...
There is a significant positive correlation between FSR and LCID price patterns: But FSR market cap of 2.58 B with 28% short interest (45.8 Million shares, days to cover: 5.5 ) could make it a target for a possible short squeeze in the coming weeks! (next 6 weeks) This could be a high-risk play! losing 15% Best, Moshkelgosha DISCLAIMER I’m not a certified...
Lucid experienced a 258% gain in 54 days! reached the highest closed price and got dumped in the past 2 hours! I think closing today could be a safe bet or increasing trailing stop loss to 52..! 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...
Yesterday I published my analysis and mentioned we are 1-3 days away from the bubble blast! and we see the price is -22% today! I think it would be unrealistic to think about prices higher than 180, but moving toward 100 and below could be the more possible scenario! DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an...
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Hourly Chart: Downward regression channel ( Bearish ) Daily Chart: Lost the bullish channel and sink to the previous support level. Weekly Chart: Spinning top followed by long bearish candle can not be a good sign after a bullish...
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Hourly Chart: Downward regression channel (Bearish) Daily Chart seems to find support at 58500, closing below this level could push bitcoin down to 52K. Weekly Chart: A candle with a long upper shadow followed by a bearish engulfing...