If you review my previous Bitcoin charts you will see Bitcoin during bullish rallies make 20% correction every once in a while! So far It is down 10% from the most recent Top, but it could go down further..! 11 hours ago I published an emergency notice for my followers to sell their Bitcoin (Short time)when the price was 56975..! Last week I asked them to take out...
Without any doubt EV makers and their investors were the winners of market since March 20th, 2020. But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed. IMO: Future belongs to clean energy companies, but in...
I believe when you compare the charts together it will help you to have a better idea of market sentiment. In this analysis, I put the 6 Giant tech companies which have the highest market cap together, so my followers could have a better and more clear understanding of the new sentiment in the stock market. It is crystal clear after March 2020 we had experienced...
Although the last week for the first time my recommended portfolio underperformed and ended the week with -3.74 loss, so far I had 5 positive week out of 6 in 2021.( major indexes had 3 out of 6). Cumulative return of my recommended portfolios was 61.17% in the past 6 weeks. This is my action plan for next week based on new sentiment in the market! 1- AAL 2-...
Today was an important day, you ask why? Tesla just made a Top reversal pattern..! AFTER EXPERIENCING A 2500% GAIN IN LESS THAN 2 YEARS, tESLA GETS OUT OF A TOP WEDGE with increased volume...! closed below 50days EMA and broke below the 1-year trend line!! If they are not convincing you to get out of tesla, please read my previous analysis and write your reason in...
Potential gain:30-35% Reward/Risk:4.5 Timeframe: 2-4 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..! You’re likes and comments encourage me to...
Potential gain:50-180% Reward/Risk:5-18 Timeframe: 1-6 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..! You’re likes and comments encourage me to...
This is the first time this pattern appears in Tesla charts since February 2020. I know the future outlook has been changed a lot, but the price of Tesla share has experienced a 1500% gain rally in the last year, and investors have already started to ask themselves have the fundamental factors changed the same? ***There could be some positive days ahead, but don’t...
I published a private idea on WNW last night, and shared the link with my followers. ONLY 2-3 entered the trade..! Look at the performance 102% in a single day..! It is time to ask ourselves why we follow someone? and how our decision making system will affect our results. Link to the idea:
It seems all of them getting ready to take off..!
I used both before, but for the next ride in the stock market, I would like to call Lyft.
Stocks usually moves in clusters, and it is obvious that finance sector becomes hot since last week. If you check the last week performance of the companies over 100 Billion market cap, soon you will notice 5 out of the first 10 best performance belongs to Finance sector. Interestingly, Wells Fargo ( check my WFC analysis published on Feb 16th) was the best...
Early sign of hope just appeared in Verizon chart! This stock moves so slow that you will be bored..! Potential gain:7-8% Reward/Risk:7-8 Timeframe: 3-9 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...
I always say nothing like a track record can show the caliber of an analyst. Yet it takes time and review. Please take your time and review the analysis below to see how your longterm vision could change your short term actions in the market. 1st: Sep 12, 2020: Bitcoin could technically soar to 100k (Bitcoin price 10457) 2nd: Oct 21, 2020: Do not trade Bitcoin...
Palantir bullish trend has been severely damaged in last 5 trading days. Palantir broke its main bullish trend line and at the very same time Classic Gann Top Swing appeared in the chart. I believe in short time Palantir is not a buy..! However it could be possible to experience a pullback to 30-31 USD. Most important resistance level: 30-31 Most important...
When hard days come, it is always good to see the bigger picture! I checked all the major companies with a +100 billion market cap, they are all in the red zone except Wells Fargo which was +1.05%. This is not a good sign by any means! As you can see all the major trend lines are still intact although the sentiment in the market has changed a lot! IMO: We are...
Potential gain:25% Reward/Risk:4 Timeframe: 1-3 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..! You’re likes and comments encourage me to...
Just closed below the 200 SMA for two consecutive days..! Take your money out of it fastly.