This is just a comparison from timeframes between the last 17 months rally and the 17 months rally from Oct 1998 to March 2000 that caused the .com Bubble..! In 1998, NASDAQ experienced a -28.5% correction and then rallied 353% in 17 months..! In 2020, NASDAQ experienced a -30% correction and then rallied 124% in 17 months..!
on August 4th, AMD traded 26.7 billion dollars while SPY traded 20.5 billion dollars..! AMD crashed after that from 122 to 104 in 4 days! MRNA price volume so far is 13.7 and SPy is 11.2, this could be the last day of MRNA as well..!
Feb 5th, 2021: Chamath Palihapitiya-backed Clover Health Investments said Friday it received a notice of investigation from the Securities and Exchange Commission and that it intends to cooperate. Clover, however, pushed back against a critical report from short-selling specialist Hindenburg Research, saying some claims in the report were “completely...
100 will be touched this week..! AMD is one of the biggest name in its field, but it behaves like a Speculative Bubble! What Is a Speculative Bubble? A speculative bubble is a spike in asset values within a particular industry, commodity, or asset class to unsubstantiated levels, fueled by irrational speculative activity that is not supported by the...
I believe a 5% correction in August will be the most likely scenario!
It seems for swing traders who like to trade AAPL, 20 days simple moving average works the best and generates the most reliable signals! I believe correction 5-10% is the most likely scenario, however, it could move in the consolidation pattern between 140-150 (a less likely scenario) AAPL: Neutral to Bearish in the next month.
Jim Simons: There is something called the efficient market theory which says that there's nothing in the data, let's say price data, which will indicate anything about the future. Their price is always right in some sense, but that's just not true. So there are anomalies in the data, even in the price history data. For one thing, Commodities are especially used to...
My approach to technical analysis: I try to find price patterns that are repeated in different assets and using correlation studies to see if they could be good matches. I believe tesla price patterns could be used as the best predictive indicator for bitcoin price patterns. What happens inTesla could be followed by Bitcoin with 2 months delay. Look at my...
I usually check the price volume leaders of the market every single day..! Almost every day, SPY is ranked 1st in the market, and in 99% of the past trading year, Tesla was ranked first among stocks! Today 12.37 Billion dollars were poured into a 40 billion dollar company and increased the closing price 50%, however, at some point, this was an 85%..! Price volume...
Bounce back from 0.38 Fibonacci level, crossing above 20 EMA, and making a reversal flat top. I believe we will see a nice bullish rally in the next week before earnings.
AMD: 26.7 B MRNA: 13.5 B HOOD: 12.3 B TSLA: 12 B AAPL: 8.2 B AMZN: 7.3 B BNTX:5.6 B FB: 5 B NVDA: 4.6 B MSFT: 4.6 B BABA: 4.4 b AMD+MRNA+HOOD (52.7)B > TSLA+AAPL+AMZN+BNTX+FB+NVDA+MSFT+BABA(51.7 B) It's only when the tide goes out that you learn who has been swimming naked. (Warren Buffett)
This is a review analysis to see how many bullish analysis I published between September 2020 and April 2021 on bitcoin, and compare it with Bearish analysis I published afterward! Each Green dot(triangle) means a Bullish analysis I published, and each red dot(triangle) means a Bearish analysis I published. It really is important to understand the shifts in trend..!
What Is a Death Cross? The death cross is a technical chart pattern indicating the potential for a major sell-off. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages. What Does the Death...
The timing (sine wave pattern)between tops and bottoms became super interesting! The question is : What is going to happen in the next 7 hours? (main session)
Feel free to push the short button whenever NIO has 3- 4 long(+2%) green candles, and start harvesting the profits from the very next day..!
It seems Apes know technical analysis very well..!
Social media manipulations mean: a 355% increase in The Wallstreet Bets mentions just today..! 84 days cycles..! Wallstreet bets are run by Financial markets experts, Social media experts, Public figures, and using AI ..! Poor apes..!
Profiting from Broadening Formations Broadening formations are generally bearish for most long-term investors and trend traders since they are characterized by rising volatility without a clear move in a single direction. However, they are good news for swing traders and day traders, who attempt to profit from volatility rather than relying on directional...