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...
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: ...