171 days ago when tesla was 599 I asked my folowers to buy with a target price of 750 which was updated to 900 after that 1 TSLA
Today Tesla is green but I don't recommend buying it even though it could go up to 650..!
What is the reason behind it?
This could be done by:
Algorithms
Hedge Funds
Individuals
Most Probable Scenario : Hedge Fund using Algorithmic trading
Trading value at the top of the channel is 11.1 million dollar in both case and happened in first 30 minutes of the market..!
Only a fool would not consider this as market manipulation!
Moshkelgosha
A comparison between Apple, Microsoft, Amazon, Google, Facebook, and Tesla in the past decade.
Top chart: last 10 years
Bottom chart: last trading year
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value or a contraction,...
One of my favorite methods of analysis is the correlation study!
here you can see a correlation study of AQB vs BNGO. When you look at this comparison it is easier to understand. I did another on Tesla vs crisper, as well.
AQB was in the ARK investment portfolio and all over social media..! But they recently dumped it and sold most of it.
BNGO has never been in...
Let’s begin with the definition of momentum:
Momentum used to determine the strength or weakness of a stock's price.
Momentum measures the rate of the rise or fall of a stock price and is a very useful indicator of strength or weakness in the price trend. History has shown that momentum is far more useful during rising markets than during falling markets; the...
Market crash usually have a devastating effects on prices in commodities and energy market. As you see in the charts, we see how .com bubble, housing bubble, burst and COVID-19 pandemic affected oil price in the past.
What we see started since early February 2021 in the market has not the defined criteria of a market crash, and seems to be a correction. Although...
I published 9 analysis on workhorse so far,let’s review them once again
1st- September 8, 2020, Long: price 21.92( target price 36)
2nd- Oct 23, 2020, Long: price 20.30
3rd- Nov 9, 2020, Long: Price: 19.78
4th- Dec22, 2020, Long:price 23.22
5th- Jan 6,2021, Long: price 23.74 ( target price 40-42 short-mid term)
6th- Jan 15,2021, Long: price 23.47
7th- Jan 26,...
My definition of Correction:
During any rally whether it is Bullish or Bearish, there are times when traders and investors start to reevaluate their positions, take some profits or accept their loss and make changes in their portfolios composition. Usually it happens a couple of time during any rally regardless of its nature(Bullish/Bearish).
My definition of...
You may not believe it but I published several intermarket analysis that could be a learning opportunity for avid traders and investors.
Most Bitcoin traders and investors think they have the best performance with 254% gain since November 2020. But they will become depressed if they check the Bitcoin miners stocks performance such as RIOT(+1400%),MARA (+1730%),...
Most investors use Risk to Reward ratio to show the estimated gain or loss of an investment or trade. The outcome in most cases is a fraction,like 1/3,1/4,..1/10.
The number above the fraction bar is the Risk (numerator), and the one below the fraction bar is the Reward(denominator).
I believe using the reversed ratio is better and helping the investors learn it...
1st we should look at the definition of Intermarket Analysis:
Intermarket analysis is a method of analyzing markets by examining the correlations between different asset classes. In other words, what happens in one market could, and probably does, affect other markets, so a study of the relationship(s) could prove to be beneficial to the...
