May 2011 - May 2021 QQQ outperformed Berkshire Hathaway by 73%. (May 2006 - May 2021 QQQ outperformed Berkshire by over 100%) May 2011 - May 2021 QQQ outperformed SPY by more than 100%. May 2011 - May 2021 Berkshire Outperformed SPY by about 20%. May 2001 - May 2011 QQQ underperformed Berkshire Hathaway by 139% May 2001 - May 2011 QQQ outperformed SPY Buffet...
A break above 57500 will test 60K. A fall below 52800 will test 49/50. If you are looking to accumulate, low 54s should get filled, 53200-53900 may get filled, and below 53000 is hail mary - you never know.
AITX key support .08 / .09 Next support is at .02
Interesting... And the Spy is producing good returns on top of it.
Since we broke 56,500 into the 57,000-60,000 range March 29th, an ascending triangle has formed, which is generally BULLISH. This is different than a rising wedge, which is BEARISH. Considering this is happening BELOW ATH (only slightly) I think we may go thru 60K very soon. Ascending Triangle: www.marketgeeks.com
Yesterday was great move on Ethereum. All the news with VISA, NFTs, etc supported a breakout. But if we look at volume compared to last 2 breakout candles Jan 3 and Feb 2, the volume April 2nd was much lower. And not by a little but 2-3 times lower. Usually volume confirms the trend. Jan 3 ≈ 870K Feb 2 ≈ 600K Apr 2 ≈ 275K Jan 3rd was a Sunday, Feb 2 was a...
My opinion is a break to upside Midweek. Also, I'm very bullish on a crypto ETF gaining approval soon.
Could see a bullish break to upside here. 57400 is key resistance level "The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows"
I've been posting about this channel since December and predicted 50K March 1 by following the channel I mapped out, which you can see clearly on the graph. • In the Jan crash, bitcoin fell from $41,800 to $28,800, a 31% drop. • In the Feb crash, bitcoin fell from $58,300 to $44,200, a 24% drop. I think this is the beginning of a trend. As bitcoin bull run...
Bitty is still in the channel I have been posting about. It broke above the channel on its surge to $42,000 and now is settling back into the upper channel (above the GREEN LINE). If it stays in this channel it will hit 50,000 - 53,000 Feb 27th. IF you are still buying just put LIMIT buys in where you see the long wicks in the channel. I've been getting filled...
Three main channels I'm seeing (the third will take some time to play out) Oct 21-Dec 15 12,000 to 19,200 Dec 16 - Jan 1 19,200 to 29,200 Jan 2 - Today 29,200 to 39,700 (today's open) What's interesting is look at all those wicks in the 2nd channel. That's where I am setting my LIMIT ORDERS I have been reading that institutions were buying from 30-34, which...
Don't think we are going below 24,000 unless this new channel breaks down. Buy anything in low 25,000s if theres an oppotunity.
I'm long NNOX from about $35. Considering adding more if it closes above $40.50. - MACD bullish - There is a hammer followed by an inverted hammer. The hammer candlestick is generally bullish suggesting low prices were rejected (long wick below candle). - However, the inverted hammer (the very next day!) is typically bearish suggesting the higher prices were...
Apple broke out of its trend channel July 31st. Looks like resistance could form at $515 ish on Aug 31. If it breaks down (doubtful) the first key support is $435, then $412, then $396. If you are trading it, I would stay in until these levels. Just looking at charts, it's hard to imagine it going above $515 before August 31st but then again we are in a wild...
Could go higher if it holds $44 . Next support 24-29 Messy between 29-44
DISCLOSURE: Tesla is my biggest holding. CHARTS TSLA had a big bearish candle yesterday and gapped down today. Early next week will give some signs where it is going (No shit!). It now needs to hold $1363 close on July 8th (or the low of the day which was $1308), If it does it is likely range bound again $300 - $400 betwee $1308 - $1690 until battery day in...
Could find support in $48 to $56 range. Two candles below $50 is probably a good short position The more I heard Trevor Milton speak, the more desperate he seems Think Cathie Wood agrees: www.cnbc.com Is there any news on the horizon?
I bought CLNY around $2 and took profit with 80% of my shares around $2.90. Still own a little but everything pointing downward and thinking of selling it, and going SHORT: MACD bearish RSI falling Below 200 EMA (of course) Below 20 EMA Below 50 EMA - just crossed below today. There was huge volume today when it crashed - have not looked into that yet but someone...