Projection
NAS100 / ProjectionWe've been playing in this zone for a while now, without dropping too far or going too high.
With Trump signing 6 Trln dollar 'help me' bill, we could see a very aggressive and fundamentally driven NAS100 for a week or two. Followed by another sharp drop. The race will be on then as to what will collapse first, the economy or failure to recover those who have Coronavirus.
EU easy 800 pip short. Follow the chart & count your profits. New to Tradingview but veteran to Forex markets. Follow the charts and I will help spread the wealth.
This is a common pattern that the MM love to produce on EURUSD. From this area, most long term level traders would be expecting almost a full retrace back to level 1. However, this will most certainly not get there as the recent stop hunt elucidates their true intentions. From here they will look to move price up to the 1.12642 area. I assume price won't reach this locus until some point after Tuesday because this slight move up will become the pin (trap) for the new monthly bar. The logic behind this slight ascension above recent resistance/fibs will be to stop out any weak shorts who are in correct position, while providing MM with new longs who will be trapped on the wrong side of the imminent descension. After they collected orders and displaced retail traders, price will drop like a rock down to the 1.0350 area. When price reaches the 1.0350 area it will drop even further. I will post a prediction for price flow when it reaches that level.
Good luck all. Follow the prediction, stack your chips & don't be long.
GoG
MSFT: Closing of a rough weekpossibly will close around the $156 level - and we're back to the previously defended zone as expected in the prior post -- sad week.
no trades until we find our bearing, otherwise we get caught in the rough up/down waves. the issue is, it's not clear how long this situation will take to clear - otherwise it was a good chance to start accumulating a long position and do a phased entry - but not yet.
need to be cautious and patient.
MSFT: small shorti totally hate to use the weeklies, they're so volatile - but i opened a small short (March 6 160 puts) in an attempt to ride this quick move down. The day's volume and Open Interest on these contracts is crazy.
still hoping we touch the $160 tomorrow - and i don't want to hold that position over the weekend. i have no doubt the long awaited correction has started, and not only for MSFT.
- the other things is, when inspecting the chart closely, in my view, today's action is more of an attempt to keep the price up to sell into the highest price, more than authentic buying pressure. looking at bar spread vs volume on the 30mins
we'll see tomorrow. will update.
AAPL: (follow-up) yesterday's drop in more detailsfellow traders, here's the zoom-in view (30min bars) of yesterday's session against the short-term projection levels
* the last hour of the session had increased selling that started pushing the price down - indicating that sellers may continue to be in control for few more days until the supply / fear / cashing-out is over - so we'll keep watching these projected price levels
* if you want to go long AAPL (i do!), i suggest to be patient and wait until there's more favorable winds in the right direction. we're not there yet. AAPL is not going anywhere soon and there will be a lot of opportunities in future - patience will be rewarded :)
let me know your thoughts and comments if you find sharing this analysis useful?
Internal BTC projection for tracking purposesHug the blue trend line up to the subsequent break of the large 3-year (yellow) symmetrical triangle. Pre-pump the halving, retest symmetrical triangle for support, mini-pump the halving, halving dump, then onwards and upwards.
Not financial advise, obviously.
SNAP: Possible recovery after today's drop?SNAP
so SNAP shows a 40%+ growth for the qtr (yoy) and a good number of active users (i think it's 280M) - and still drops 14%. chart shows possible recovery on the weekly as it may get support on the 30EMA (blue line).
am i missing something with that ? (i'm long SNAP)
ZM: Way too soon, and totally unexpected !NASDAQ:ZM
could anyone have seen this coming? i closed my position on Fri :) -- not bad - but missed a 500% opportunity. what's happening in the market these day?
i guess the $91 - $95 projection still holds - but no way i'm not going back in until it comes back into the "sane" range.
I say stocks flying with no compass. then there's TSLA !!!
Bitcoin log chart with growth curves and fractal projectionHere is a long term growth curve of Bitcoin. The coloured curves inside the white lines are set to Fibonacci values. The purpose of this chart is to help long term Bitcoin investors clearly identify different phases of the market cycle.
Most importantly:
Euphoria - when price approaches the top white line.
Capitulation - when price returns to the bottom white line.
Accumulation and re-accumulation - when price ranges between the green curves and bottom white line.
Happy investing!
PayPal possible 10% up move in 10 weeksNASDAQ:PYPL
i don't usually publish my target projections - but thought i should start at one point to get more experienced traders than myself to provide feedback for how to improve.
PYPL shows a potential run up after a good 6-month accumulation. Price projections shows a possible 10% within 10-12 weeks.
The magic entry zone was $108 to $112 or so.
the first projected target $117 was hit
there's couple of signs of strength - especially how it picked up from the gap down post Jan earnings announcement
for my entry, and to get totally convinced, i want to see more buying momentum building up, and a come back to the buy zone followed by a confirmation of continuation up - and that should happen within the next 5-6 trading days, if not sooner.
comments and thoughts?
Where could AAPL go from here, if the fear wave continuesNASDAQ:AAPL
There isn't much to go on from a price projection perspective (yet) for AAPL - maybe in couple of weeks when the move/market reveals itself - but it's an exciting challenge to try to predict what may unfold.
we only have the last couple of weeks to base the projection on (and they show sudden anxiety and a rush to take some profits at the highs) , plus the historical growth, performance and higher time frame trend.
These are my expected price projections for now *if* the move to the downside is confirmed - with a worst case correction of ~15% - 17%. the other possible scenario is to float sideways for few weeks but remain around the $300 level - as big money tries to keep some excitement to give them a chance to "distribute" after such a big run. after the reaction of the earnings week, i think any move up would not be supported - but we need to consider that there's still big positive momentum / wind behind us, that will take time to dissipate.
the green box is my most probable scenario for ~ mid-March, if a move to the downside develops - definitely need to revisit in couple of weeks. and, i'm a buyer if it goes down to any of these nice levels :) -- i'm totally against going short for now, it's just too risky and would be swimming against a strong current.
But *no one* can predict the future and i might be totally wrong :) - thoughts?
BTC - Why 500k is not insane. Bitcoin Halving Map + ProjectionsI decided to play with a visual representation of the halving history, and then project it. Just for fun.
Measuring from the rock bottoms before halvings, and up to the tops after, with percentage gains and elapsed times.
And then the corrections after tops, the loss percentages and time to rock bottom again... roughly 85% loss both cycles
The approximate halving points are the blue vertical lines. Peaks are green verticals.
Considering the peaks all are Novemberish... I projected the next one to be around that time in 2021.
My projection for percentage gain is somewhat arbitrary, and I've kept it close to the previous cycle, but with a little more oomph.
But I kept it much more conservative than the first cycle... even though I have no solid reasons for doing so.
It could gain less than the previous, but looking at the FIRST cycle gains, it could gain quite a bit more than 15,000%.
Of course, "past performance no guaranty of future" blah blah blah... but this is hella fun to play with regardless.
If the pattern stays anywhere near the previous cycles... it's gonna be EPIC!
Moon boys will literally shit themselves with joy and lambos will be back ordered for years.
Also thinking once it clears and holds over 20k again... the pile on is gonna be major. Thus the wee extra oomph in my % projection.
Whats really craze balls is another 85% drop after the projected peak brings it back down into the 85k range!
Moon boys will shit themselves in fear!
I of course have a map now, so I'm all prepared! Kinda. Maybe. Somewhat. Sorta.
Time will tell, eh? Love to know what you think.
Cheers!