Conclusion: FXI has reached a potential inflection point. The outcome of the current technical setup is likely to define the direction over coming months, and will likely result in significant low risk trading opportunities.
FXI, is the China Large Cap ETF that holds the 50 largest large cap Chinese stocks trading on the Hong Kong exchange. FXI is currently...
The weekly indicators indicate the market will drop soon. I suspect the drop will occur within 1 month.
There is a triangle forming which indicated an upward or downward movement. Due to the weekly indicators showing a downward movement, I suspect the market will head lower but I will not rule out an upward move.
This move will only be a brief move, before...
This a simple one with a destination in sight with multiple scenarios possible. Simulated projections gave rise to the elements in the project where potential support/resistance or influence zone might occur regardless of the path.
I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target,...
A triangle is forming indicating a move upward or downward shortly. The move can take place within 2/3 or the triangle to the tip.
Due to the weekly indicators crossing last week, indicating a downward movement, I suspect a downward movement. But I am not ruling out an upward movement.
The move should take place between now and within the next month.
This...
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The other one that I post was a weekly one.
Elliot Wave finished. ABC correction finished. Waiting for second abc.
Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment.
I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.
Amidst a landscape of evolving financial markets and emerging technologies, Goldman Sachs ( NYSE:GS ) has strategically positioned itself to capitalize on the growing demand for AI-related infrastructure. The success of OpenAI's ChatGPT has invigorated investor confidence, leading to increased funding in promising AI startups.
In the wake of the Federal Reserve's...
Ark Innovation ETF (ARKK) hit today its 1D MA200 (orange trend-line) for the first time since the November 13 2023 bullish break-out. This puts the price in the middle of the long-term Channel Up pattern that started on the December 28 2022 bottom.
As long as the price action closes the 1D candles above the 1D MA200, we expect an instant rebound. If it breaks...
Probability of FSD now is pretty high, Tesla shows conviction by lowering FSD price so more and more people can try the software while opening the floodgates for more data to make the system robust enough for deployment. When looking at the amount of data estimated to be reliable enough for deployment ( 6Bn miles ) and the chart tesla published + the fact we no...
Stocks > $5 are extra risky so proceed with caution.
Now I love this company for many fundamental reasons in addition to the obvious technical analysis that I've been showing you all.
This is a longer term hold forsure but I am looking at the bottom of this blue tapered selling channel as a bounce area and an opportunity to add to my existing swing position....
... for a 1.09 credit.
Comments: Looked at all my options here for the rolling of the short call aspect of my covered calls -- rolling down, rolling down and out, rolling out as is, rolling to shorter duration and down ... . Going with rolling down in the same expiry for a 1.09 credit.
Resulting cost basis: 89.11.
It still remains a bet that the Fed will cut...
Unbiased scenarios for DJT media of Truth Social, based on simple conditions of holding or losing a neckline at 32 bucks.
Below $32 = Bearish:
A weekly close below $32 that isn't immediately recovered in the following week likely means it is headed further down towards 12.50. There is an unfilled gap around ~17.50-18.50, so at the very least it could revisit...
Medical Properties Trust, Inc. ( MIL:MPT ) has announced that it recently divested its interests in five Utah hospitals to a newly formed joint venture with an investment fund. The fund, affiliated with a leading institutional asset manager, has acquired approximately 75% interest in the venture, while MPT has retained an approximate 25% interest. The sale...
Nassim Taleb's:
“My lesson from Soros is to start every meeting at my boutique by convincing everyone that we are a bunch of idiots who know nothing and are mistake-prone, but happen to be endowed with the rare privilege of knowing it.”
He also said:
"The only economic research that seems to replicate out-of-sample is the work of Daniel Kahneman on behavioral...
Lockheed Martin is forming a bullish cup and handle pattern into renewed focus on defense spending. 12% gain from here would returns to previous all time high.
