I think the chart speaks for itself, but other reasons :
1. Parabollic wave theory : we are in the second part of our theory, just like i explained in my last analysis, this is a corrective leg up in a bearish movement.
2. Macd bearish, Rsi bearish
3. I have some inside information about the big swiss firms like "lavaudoise" (they invest in stocks, houses…) and they are leaving the stock market which is a very very bad signal !!
4. Overvaluation of stocks : Apple, for example is at least 10 times more evaluated than its real valuation which is based on consumer purchases, net revenue, balance sheet, many other companies have these problems.
5. Bearish candle which seems to be an inverted hammer.
I'm a professional swiss trader that has two funds , redfund and another private fund. I'm here to help people to choose the better stocks with the better value. I have 75% accuracy in my all professional career and in trading view my only fault was on a bitcoin chart so i have 80-95% accuracy on trading view and 100% if we take out my bitcoin prediction. Follow me to learn and to don't miss out my signals !
1. Parabollic wave theory : we are in the second part of our theory, just like i explained in my last analysis, this is a corrective leg up in a bearish movement.
2. Macd bearish, Rsi bearish
3. I have some inside information about the big swiss firms like "lavaudoise" (they invest in stocks, houses…) and they are leaving the stock market which is a very very bad signal !!
4. Overvaluation of stocks : Apple, for example is at least 10 times more evaluated than its real valuation which is based on consumer purchases, net revenue, balance sheet, many other companies have these problems.
5. Bearish candle which seems to be an inverted hammer.
I'm a professional swiss trader that has two funds , redfund and another private fund. I'm here to help people to choose the better stocks with the better value. I have 75% accuracy in my all professional career and in trading view my only fault was on a bitcoin chart so i have 80-95% accuracy on trading view and 100% if we take out my bitcoin prediction. Follow me to learn and to don't miss out my signals !
Comment:
Perfectly predicted