IMO: Bitcoin will see 36800 (10% gain) in this week and it manages to close above 37000, it could be followed by another sharp bullish move. I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and...
Many people believe , technical analysis is not working on a managed ETF, BUT you clearly see how ARKK responded to 20 EMA and 50 EMA in last couple of months! This is the first time since November 10th that ARKK is closed below its 20 EMA..! 128+123 could be the next support level.
Apple is going to test 120-125 territory in February, but it is very unlikely to see lower prices. Stay tuned for more updates! This is short time frame analysis not a long term one
It seems Dow Jones is going to touch its 100 EMA in the next coming weeks, but there are for bounce back from that level. IMO: most important zone is between 29100-29500 for the next 3 weeks
It seems tech heavy NASDAQ is on its way to touch its 50 EMA, how in the last 2 time that it had touched the EMA 50, there was a nice bounce back! It may takes 1-3 weeks!
As you see in the chart the most important support level could be somewhere between 3580-3640, where S&P 500 will touch EMA 100. During the last bullish rally it bounced backed sharp 4 times after touching EMA100.
Possible move:18-60 %+ Reward/Risk: 2-4.5 (R/R>3 is Ideal) Time frame: 12wks This is just my technical view, not a fundamental comment..! I can make you confused by a crowded messy chart, but I would rather simple effective presentations..! Leave a comment that is helpful or encouraging. Let's master the markets together
While MRNA has had a great year and rewarded its investors by decent +1500% profit in a year! Checking the fact that insiders have sold 29,554,776 share in 300 trades last year and bought 310,142 shares will shock you..! Interestingly, they bought 0 share in last 3 months, when they have had the result of their COVID-19 vaccine which is 95% effective..! No need to...
I have made this comparison multiple times, if you not investing in Bitcoin and jut trade it for some profit , just look at these stocks which gains far more by every + day in Bitcoin ..!
Potential gain:+50% Reward/Risk:3.5 Timeframe: 4-6 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow to...
By looking at MARA chart you will soon notice the repeated pattern of correction (3times, 33%). This is very usual in rapid bullish trends, and if you learn how to deal with that, it will change your game! Yet this pattern repeated so many time in so many stocks, another good example could be PLUG, check my analysis when it was 15 dollars
Potential gain:100% Reward/Risk:5 Timeframe: 4-12 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow to...
Potential gain:40% Reward/Risk:4 Timeframe: 1-4 wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow to...
I would like to link this story with what I published today about market and being at the verge of massive changes ..! If you are happy of gaining 40% in a single trading day of Nokia read this: August 2006: Nokia 15 USD/share APPLE 2.42 (Nokia market-cap 60 Billion >Apple 55 Billion ) July 2012: Nokia a 2.5 dollar share with market cap of 7.5 billion and Apple...
Today was the worst day since October 28th 2020, so it could be frustrating for many. I believe these type of behavior in the market is quite common, assume everyone just buy, and buy and yet buy more, this couldn’t continue to infinity. Right now there are lots of traders and investors with huge gain in few months, so they are easily sell as soon as market...
Potential gain:100-250% Reward/Risk:5-12 Timeframe: <6 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! Don't forget to like, comment, and Follow...