Have no fear of perfection - you'll never reach it. Salvador Dali Tesla and Bitcoin Destiny tied up together..! What links Tesla and bitcoin is not just Elon Musk, but it is traders and investors who participate in the trades! Since both are volatile more than many other assets in the world, and their market cap is high, it also makes the two a very good target...
I think Amazon has a high chance of breaking out of the triangle pattern and retest the 3700-3800 USD by the end of 2021. let's review my last analysis:(This post was not public) Price action describes the characteristics of a security’s price movements. This movement is quite often analyzed with respect to price changes in the recent past. In simple terms,...
What Is a Flag? In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous...
A tweezers topping pattern occurs when the highs of two candlesticks occur at almost exactly the same level following an advance. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. Like many other candlestick patterns, tweezers occur quite frequently. Tweezers are more meaningful as part of other trends, especially...
What Is a Flag? In the context of technical analysis , a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous...
In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! S&P 500 and NASDAQ 100 are trading at the resistance level, and Dow Jones and Russell 2000 are trading in a consolidation zone! In my view, tomorrow is a very critical day because of the Retail Sale Data! If Retail Sale Data, are lower...
To answer this question let's break it down: Multi-Timeframe Analysis: Hourly Chart: Getting out of the downward channel and finished pullback (Bullish) Daily Chart: First higher low with above-average volume! early bullish sign! Weekly Chart: 6 weeks price decline in a row! (Bearish) Monthly Chart: Confirmation of the Bearish engulfing! (Bearish) ...
It was May 30th, 2021, that I published my first analysis of accelerated inflation and explain the basics in that article: It is important to know that CPI passed above the +2 stdev in April 2021 for the first time in the past 12years. In September 2021 Inflation just passed the +4stdev ..! A little statistics: In statistics, the standard deviation is...
In these charts, you can see the most important support (green lines) and resistance (red lines) to watch in the coming days! Multi-Timeframe Analysis: Hourly Chart: Strongly gets out of consolidation! (Bullish) Daily Chart: making a bullish flag pattern. (Bullish) Weekly Chart: in a downward regression channel in the past 15 months. (Bearish) Monthly...
I believe one of the best indicators to watch is Volume Price..! You should try to invest where money flows in..! In trading and investing your mantra should always be: Follow the money..! I believe stock prices only go up when there are fresh players who bring money to the play, regardless of the quality of the underlying asset! One of the most important duties...
There was a day that AMD price volume was above SPY, now the average weekly trade is 80% below early August..! AMD is sleeping after roaring for a while, it is stagnating between 100-108! trading volume decreased significantly after WSB abandoned AMD, it seems there will be no bullish move for a while..!
This company has a total outstanding share of 25.9 Million, yet today trading volume is 21 million. It would be good to know 60.5% of shares in the hand of insiders(37.6%) and private companies(22.9%). This means only 10 million shares floating in general public hands! I think this small company could see higher prices in the coming days! Entry: 3.27 Stop loss:...
The Lower-High Lower-Low patterns are forming in the chart of S&P 500, and we should keep in mind the possibility of reversal and going down more! Be careful, A reversal to the upside won't occur until the price makes a higher high and higher low. A move above the descending trendline could issue an early warning sign of a reversal. another possible scenario...
What Is a Flag? In the context of technical analysis , a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole. The flag pattern is used to identify the possible continuation of a previous...
If I had any doubt that the whole cryptocurrency market is ruled by an algorithmic superpower, I don't have any anymore..! Check this article published on Jul 22, 2021 This show will become interesting after October 25th, 2021..! Best, Moshkelgosha
800-805 Resistance! 765-775 Support zone! Although this 40 USD range is a 5% consolidation, it could provide +100% weekly gains in options trading if traded correctly! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance...
This article compares the performance of Oil-related stocks, which shows Occidental, ConocoPhillips, and Valero outperform others..! Higher oil prices will push prices higher in the next 3-6 months.
Oil strongly closed above 77 and now there will be no significant resistance and in the next 3-6 months above 100 USD/barrel could be possible! However, the hourly chart shows a possible pullback to 77..! Short term: Possible correction (5%) Longterm: Bullish (25-30%) Reviewing my previous analysis could be interesting for you: June 1st, 2021: price was 68,...