After the explosion is this a new possible flat channel range for the short term? Tesla can't only grow, like Doge and other prodocut of Elon, need to reaccumulate before next mega pump. Or maybe tesla become a company like Apple or Amazon, i mean with a chart constantly growing?
Buffett in 2018 bought 5% of all Apple stock, in Ath. His investments rose from $35-40 mld to $170-180 mld in these days. Livermore said many decades ago "buy high, sell higher". The most important thing about investment is not to buy low, but sell at higher prices. If you buy strong assets, time will helps you in a few years to get rich. Next target: 200$ easy.
Seems clear where we are going to. 10T market cap is just the beginning, if market grows a this rate, in 5y will reach more than 100T. Probably i'm wrong, i don't know, but this exponential changing is understimate by governments around the world.
It is just a speculation about some previous pattern, but i don't think we'll see a crash immediately, the structure seems too strong and with low volatility. Any suggestions? I'm long on Spx from many years, so i dont care about some crash because Covid has pushed the market very high, but a dip is alway a good entry point for the future. Many billionaire...
Imo this second death cross is positive for Bitcoin. But if people don't understand math is useless to explain how works moving average. In short term: if the 50ma falls fast and no longer approaches the slow one, then it is a confirmed bear market, if the 50ma is close to the slow one, then it is close to a bullish move. But basing everything on a single cross...
Are we in the best opportunity time of the life? If you are under 35yo this is probably the best time to start evaluating an investment in Amazon: if you've never invested before, up to $2400 from here, if it goes below actual range, that could be a big deal imo. Target in the next 5y? Maybe $10.000+? Are you agree?
We are copying the 2011/13 chart? I don't know, but gold is very boring in these months. I think that gold could see a mega run in the coming years, but we need another crisis or virus or war to see this. If nothing will happen, why choose gold instead of Bitcoin? - 1971 Nixon cut gold from reserve of dollar, gold run; - 2000 Tech bubble, gold flat; - 2001...