Entry:36450 Stop loss: 33899 Reward/Risk:2 Target range: 41500 Time Frame: 1-2 wks Possible gain:14% Possible loss: 6.87%
Trading volume Decreased from 140 M to 42 M, which means there is no buyer for Palantir at this level! Wait for a clear short entry!
In the past 3 tries, Tesla failed to break above the downtrend! Now you see volume decreasing, soon it will continue its previous pass..!
while many are happy watching all times highs, pros no any all-time high could be just one day before a major correction or starting the first phase of a crash..! The trading value of Mega caps decreased more than 30- 50% in a week..! This is a comparison between trading volume since 2021 AAPL NASDAQ:MSFT AMZN GOOG NASDAQ:FB This...
If I want to explain technical analysis in one sentence : Technical analysis is nothing but pattern recognition..!
looking at the monthly chart will show you what you may not see easily in the daily charts! What Is a Blow-Off Top? A blow-off top is a chart pattern that shows a steep and rapid increase in a security’s price and trading volume, followed by a steep and rapid drop in price—usually on significant or high volume as well. The rapid changes indicated by a blow-off...
A sideways market sometimes called sideways drift, refers to when asset prices fluctuate within a tight range for an extended period of time without trending one way or the other. Sideways markets are typically described by regions of price support and resistance within which the price oscillates. Trading a sideways market can be tricky, although certain options...
I have nothing to say, just read the article and see how many similarities exist. I think the Tesla chart is Identical to the example chart in the article: Making Money The Wyckoff Way (CSC, DNR) Link: www.investopedia.com I will not surprised if tesla tests 690-700 and experience another leg down. Moshkelgosha
do you know how t trade a 3 drive pattern? The three drives pattern is a reversal pattern characterized by a series of higher highs or lower lows. It has a bullish version and a bearish version.
I publish long analysis on bitcoin with target price of 100K in September/October 2020 when it was 10444-12441. Then I trim the target to 50-72K for the first few months of 2021, in November 2020. When it was 58K I talked about possible crash, on 62K wrote about alarming sign in April 2021. April 14th When bitcoin was 63810.01, I compared it with December 17th,...
Once Upon a time, NIO was a money printer..! Hottest stocks in the market..! I believe its best days have gone very on time ago..! Do you think I'm crazy??? Review these analyses! January 2nd, 2021: Detecting Top before it happened with the highest price date accuracy! (last Buy analysis) January 30th, 2021: First Short analysis when it was 57 February...
First, let's define the NASDAQ Composite Index: The Nasdaq Composite Index is a large market-cap-weighted index of more than 2,500 stocks, American depositary receipts (ADRs), and real estate investment trusts (REITs), among others. The index is calculated constantly throughout the trading day with the final value reported at 4:16 p.m. daily once prices have...
in the past 37 days, ARKK failed to break above the 200 SMA! The average 5-day Trading volume decreased from 3.16/D billion in March to 795 million/D. Wait for rejection and confirmation..!
I believe the best bet is betting on the most probable scenario..! let's look at the 8 companies with the highest market cap : Obviously, we do not see any increase in Trading value in the past 2 months! What is an outlier in statistics? An outlier is an observation that lies an abnormal distance from other values in a random sample from a population. ......
This is my 888 post on the TradingView platform. 13 years ago, I was a 4th-grade Medical student in Shiraz, Iran, when I started trading stocks. Like many of you, I had never read a single book about trading when I started this. The result was a catastrophic -27% loss in the first 2 months. I had no choice other than to quit or find a way to correct my mistakes! I...
The trading value decreased from 48 billion to less than 12 Billion in 4 days..! It means Apes will feel the pain from now on..! go read my article about the correlation between cryptocurrency and meme stocks!
May 2021 CPI is released today and with a 0.7% increase month to month, it is now 269.195. The CPI (YoY) is now at 5% which is the highest in the last 30 years..! The most important thing is the change from linear growth to exponential rate and passing above the 3 standard deviations of the regression line! which means we are facing a phenomenon with a 1.5 in...
Beginners look at a single big green candle and hope for reversal..! Pros look at the trend and trade the most probable scenario..! compare these two scenarios: if you did short bitcoin with a 10% stop loss every single day in the past 56 days what would be the outcome? if you bought bitcoin dips in the past 56 days what would be the color of your portfolio...