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...
Before starting the analysis I would like to mention option trading is very risky and is not recommended for someone without experience! For those who have experience, this list could be fun to watch or trade this week! I usually use high-risk high-reward contracts! These are my option trading rules! Please read the rules and apply them to your trading..! My...
looking at the daily charts and hourly charts, convinced me there will be a Neutral to Bearish week ahead! 1Hour chart: In the daily charts, you can see Major indexes out of a (-3,+3) Regression channel which could be considered that the previous rally since early has finished for now! and some correction or consolidation is more likely! But the story for ...
Simple A=C correction: this is usually used by Elliotte wave traders! (Bearish) Rounding top and Reverse Cup & handle pattern could be used by pattern traders! (Bearish) Lower-High and Lower-Low are used by trend follower traders! It is also called Gann Top Swing for Gann traders! (Bearish) they are all suggesting a further decline in price in the coming...
In this analysis, I review the most important Support and resistance levels of the top mentioned Wall Street Bets tickers! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! I think most of you know their plays I too risky and chasing is not recommended! Rank 1-6: and my prediction for...
It seems Bitcoin is moving toward 69 K and we should see the reaction to that level! A long position here has a 2:1 Reward to Risk ratio. I think this could be a practical target level for this week! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m...
It may sound crazy but Rivian is 5th largest automaker in the world ..! Above Daimler, General Motors, and Ford..! I may know nothing about cars and Ev makers, But I know what a bubble looks like! Rivian:125 Billion The Illinois plant currently has an annual capacity of 150,000 vehicles and Rivian has said it intends to increase that to 200,000 by 2023 as it adds...
On November 1st, 2021 I published an analysis for major Airlines, they experienced a +10% gain and start landing again! And then I perfectly call the resistance: they could become a long opportunity near their support lines! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
Entry: 8.8 Stop loss: 7.94 Reward/Risk: 10.78 Target range: 16-18 Time Frame: 12 wks Possible gain:100 % Possible loss: 10% 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...
It seems 84 - 85.5 price level is the new resistance for US oil, and in short term 5-10% correction is likely! I think any slippage below 77 levels could be considered as a buying opportunity! Conclusion: Short term: Neutral to Bearish Longterm: Buy You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in...