closing below the wedge will prone Facebook to a 5-10% correction. (minimalistic) wait for confirmation!
If you have invested in small caps heavily, please fasten your seat belt (tighten your stop loss). Small caps decreasing their altitude to land, but where is the nearest airport (support)?
On May 30th, 2021, I wrote an article about Inflation "Accelerated inflation in the past year entered a new phase!" Let's see what has happened to inflation FRED:CPIAUCSL since May 2020: May 2020: FRED:CPIAUCSL Dropped from +1SD to -1SD (in 3 months) May 2020 - February 2021: FRED:CPIAUCSL Passed +1SD once again (in 9 months) April 2021: ...
This pattern shows small caps experiencing a complex correction. Best plan could be hold and wait for reaction to support level.
Dow Jones creates a pattern that could be even a Triple Top pattern or a sideways since May 10th. Best plan could be hold at this stage and wait for reaction to support and resistance level. Scenario 1: Triple Top: move fast toward support level and cross it with powerful candle (s) Scenario 2: sideways: could stay between the support and resistance level for an...
TVC:SPX breaking below the last 3 wks trend line..! TVC:SPX there is a gap that could be an exhaustion gap! Exhaustion gaps tend to be filled (most probable scenario)
Above Green line: Buy Between lines: Hold Below Red line: Sell
It could be beneficial to review Tesla and Apple behavior before and after split. NASDAQ:TSLA : NASDAQ:AAPL Most probable scenario: Looking at the Tesla and apple behavior reveals there will be a prime short opportunity after stock split..!
Algorithms love highly volatile and highly liquid assets, so do as small investors and traders! The difference is the first group knows what they are doing, but the second group is the prisoners of their emotions..! Try to trade non random patterns will help you get better results..!
Closing below the trend line makes NIO a prime target for the next round of short sell..! I’m waiting like a patient sniper for it..!
I’m pretty much sure Tesla will touch the the support line, but I’m not sure if it works this time and hold Tesla above it..! This time Tesla has a great chance to break below support..!
I believe 3-5% correction by the end of July is the most probable case!
2.5-4% in the next 3 weeks could be the minimum case!
Breaking below support line will put bitcoin in serious problems..!
I think the correction could be between 3-6% in the next few weeks.
This time there is a high chance we see CRYPTOCAP:TOTAL below one trillion..!
Bitcoin price in no men’s land..! Consolidating in a consolidation pattern..! In the next 5-10 days there will be a 10-15% move! But let it gets out of the consolidation pattern first! Which side is more probable??? The answer to this question is not clear yet! Wait for charts and confirmation! Bitcoin is not a buy or sell opportunity right now! If you do not...
IMO: for a better entry wait for it to close above the resistance level and gets out of he consolidation pattern..!