Tesla's stock has fallen by roughly 40% this year as a result of oversold conditions. During the negative market phase, Tesla has experienced a greater decrease than the typical corporation, making its value appear more and more appealing. In addition, the business will undoubtedly outperform profits projections when it reports earnings on 20th July, and likely...
Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
Hundreds if not thousands of new cryptocurrencies launch monthly. All with big promises of use case, flashing tech and a stock-standard wide mouthed...
#Bitcoin TA Update:-
As I told you Rejected From 200D EMA
$BTC Retesting after Breakout Resistance so Now Resistance became Support.
$19500 is Good support and If hold then We can see $28k-$31.5k
So I hold Long Trade Till $19k
So Keep in mind Proper Stop Loss.
Entry:- $19500-$19800
Targets:- $22300/$28k/$31.5k
Stop Loss:- If any 4H candle close below...
"I'll start with $100 and flip it to $10k" is one of the lies we tell ourselves when we first start trading. Although compounding can do some wonders, without realistic expectations and targets, you will not reach your goal.
Illustrated on the chart, we can see a sincere and a deceitful statistical representation of a compounding system based on a year-long...
What started as a short post describing a potential, but dangerous, weekly inflection in the TLT chart has evolved into a much longer discussion around process and how I organize and view the basic information. As I wrote, I realized how difficult it is to describe process, particularly the more nuanced aspects. 40 years spent staring at literally millions of...
Blockware Intelligence Newsletter Summary (for week 7/4 - 7/8):
The equity indexes have seen a strong bounce this week, much of which has stemmed from short-covering as we can see with QQQ’s Aggregate Short-Interest.
While it’s certainly possible that this is the market’s bottom, there are a few areas close overhead that could turn into resistance in the coming...
Dow Jones Industrial Average is the oldest index in the world.
The index always shows what is happening with the US economy - the largest economy in the world.
Let's look at the chronology of important economic events since 1916:
1916 Lusitania - Sunk by German Submarine / Emergency Revenue Act - Includes Estate Tax
1917 US Formally Declares War on Germany
1918...
1. Confirmation Bias: People pay close attention to information that confirms their beliefs and ignores information that contradicts it.
How to avoid: While preparing to execute the order, we try to find support reasons for the opposite direction. The second consideration can not be too careful.
2. The illusion of Control: The illusion of control is the tendency...
This video shows you the current situation we can see on EURUSD.
USD Strength has driven this pair lower as it has for many others..
It's important to understand how Previous PA Repeats.
Watch to learn more.
Use this as tailwinds for your trading and investments to spot the capital inflows when the time comes.
I would say we are likely in the inflationary bust stage (1) coming out of the disinflationary boom stage (4) for the last decade and beyond.
I would dare say the Inflationary bust stage is next (2) as the central banks try to kill inflation by raising rates...
Good morning. Layoffs/Initial Claims on the rise in the US, natgas/electricity futures on record-high levels in Europe - still: stock markets are up, VIX/VVIX/SKEW are down, and everything looks fine. Dealer gamma -386M, gamma flip @ 3990.
This stock is a textbook example of long term basing followed by breaking out and historically delivering returns.
1987 - 1991 it consolidated then followed with a 550%+ return from breakout to peak
1996 - 2004: 450%+ return from breakout to peak
After 15 years we're seeing similar action seen in its previous major basing periods. The stock is now revisiting...
During the strong fall of the crypto market in May-June 2022, the SANDUSDT price reached a liquidity level around $0.70
Around this level that the liquidity position was gathered in October 2021 before the upcoming 1100% upward pumping.
In June 2022, the rebound from the bottom was +84%, but the price of SANDUSD, despite two attempts, at this moment could not get...
Market Environment is key to any strategy. If we're in a bear market and the environment shifts to a sideways market (like I think we're seeing temporarily happening right now in the E-mini S&P 500 ES1!, then you have to adjust how you execute your strategy. If we're in a bull market and the market environment shifts to short term bearish or sideways like I...
How can we tell whether a downturn is just a normal part of a solid bull market, or the beginning of a major downdraft? We need to have a way to identify when long-term trends are changing.
One way to guard against being caught on the opposite side of a trend is to apply technical indicators that can isolate major trend shifts and reduce psychological biases....
Hey traders,
Once you mature in trading and become a consistently profitable trader, the question arises: are you ready to trade full time?
Becoming a full time trade is a very significant step and my things must be taken into consideration before you make it.
✨Becoming a full time trader implies that you quit your current job, that you give up a stable...
NYMEX:RB1!
While the U.S. stock market performed miserably lately, energy commodities have a banner year. According to the American Automobile Association (AAA), the national average gasoline price reached an all-time high of $5.016 a gallon on June 14th. Diesel logged its own record on June 19th, at $5.816 a gallon.
Crude oil price hike is certainly a major...
Current Market 79 Billion
Up an impressive 200,000% over the last 20 years, Netflix reached an all time high of $700.99 back in November 2021.
It has since corrected a whopping 77% and hovers around the $165-$180 range.
The biggest correction Netflix had to endure was back in 2011-2012, it reached an all time high of around $43 before a staggering 82.5%...
