Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post: Road Map for next week earning call! If you have the stock better have a tight stop loss or exit plan! watch the stock closely for the short opportunity, since the market did not respond well to earning reports in the last 2...
While many traders and investors surprised by the red color everywhere in the market today, My private followers were fully prepared for this even before this week started! Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post: Hourly Chart: Failed Break. ( Bearish ) Daily Chart:...
Do you want to know how far Tesla could go down? Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post: Hourly Chart: Bearish Channel. Daily Chart: Bearish Channel+ Bullish Engulfing, could go up to channel upper border. Weekly Chart: Bearish Flag + broken 1-year trend. Top at...
Microsoft could go down to 245 or even further! Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post: Hourly Chart: Crossed below the support line continue to decline after a pullback. ( Bearish ) Daily Chart: Island Top pattern. a strong sign of reversal. ( Bearish ) Weekly...
The support zone will be at 124-118, however, in the midterm, it could go lower! some people may think it is easy to publish the short idea today, but my private followers were completely ready for this day! before this week even started! Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently...
Please accept the reality or you will pay for it heavily..! Even if you are a long-term investor you have to trim your positions! Keep in mind buying the deep this time may not be a good strategy! While NASDAQ is almost 2% negative my private followers are lucked in +100% profit by buying the SQQQ call option..! and those who bought SQQQ on my call last Friday...
Above charts: daily chart since April 9th 2021and weekly chart since mid-February 2021. Below cheats: daily chart since October 5th, 2007 and weekly chart since July 2007. (just before market crash) I think these chart patterns have lots of similarities, you may argue that, but always it is better to be cautious. If a similar scenario happening in the coming...
I use 200EMA when looking at long-term trends. Gold gets out of its downward channel after 9 months and crosses up its 200EMA, which could be considered a very bullish sign. In short term, we may see some turbulence, but Gold could shine once more. Resistance levels showed by red horizontal lines.
Have you ever asked yourself how much these small companies other than Tesla would compete with big names which showed up with their fully electric cars in the 2021 Auto shanghai show??? Especially Toyota bz4X and Volkswagen? Some may think after a 60-90% price crash there is nothing left for more correction, but I believe many companies will file for bankruptcy...
Hourly Chart: Expanding Triangle(Bearish) Daily Chart: Bearish Flag + Doji followed by confirmation Candle at 0.618 Fibonacci level. (Bearish) Weekly Chart: Closing below Flat Top triangle for 2 weeks, and Bullish Engulfing after a Spinning Top and confirmation. (Neutral-Bullish) Monthly Chart: Spinning Top after 13 months of Parabolic price move. Change in...
Bitcoin failed to close above its 50EMA and the most probable scenario could be another down leg to 41k. Bitcoin was 63800 when I said history could repeat itself and compared the Coinbase IPO to Emil Oldenberg selling all his bitcoin indecember 2017.
Technical review of the biggest 5 market cap companies with Tesla chart in January 2021. 1-Apple: The good report followed by lower prices in the last 2 days! 2-MSFT: The bearish two black gapping continuation pattern appears after a notable top in an uptrend, with a gap down that yields two black bars posting lower lows. This pattern predicts that the decline...
Clearly, the US dollar starts a new bullish rally against Euro. How could we benefit from this? we can use leveraged ETFs, like EUO (2x) exposure This ETF is designed for investors looking to bet against the performance of the euro relative to the U.S. dollar or to hedge against existing euro exposure. EUO utilizes daily leverage, meaning that its objective...
Everyones know ark invest will not perform well unless tesla performs well..! now their biggest ETF, ARKK performance becomes negative again in 2021..! and all their ETFs underperform in comparison to major indexes. congratulation to their management team who manage the ETFs... I warned everyone this bubble is going to burst, when the price was 143, no one...
ford just gets out of a 1-year bullish channel. Yesterday I published an analysis for my private followers and predicted a price drop after an earning call that beats estimates..! How is it possible? Don't you believe it? Check this: In a normal situation, I would not doubt to publish a long (buy) analysis on Ford with this chart setting. What makes me concern...
Megaphone or Broadening formation: A broadening formation is a price chart pattern identified by technical analysts. It is characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. It usually occurs after a significant rise, or fall, in the action of security prices. It is identified on a chart by a...
This presentation contains the Dow Jones index. Hourly: Double top and broke the weekly trend line Daily: three consecutive Doji, and trendless in the last 10 days Weekly: Could be considered as bearish harami or hanging man followed by a negative candle (not a typical Harami or hanging man) Conclusion: Closing below 33820 will confirm Top Swing, and closing above...
This presentation contains the &P 500 index. Hourly: Double top and broke the weekly trend line Daily: three consecutive Doji, and 4 times rejection. Weekly: rejected twice from the resistance level. Conclusion: Closing below 4118 will confirm Top Swing, and closing above 4191 in the daily chart makes this analysis obsolete! Recommendation: Reevaluate your Stop...