Follow what Warren Buffett has been saying for years. It works.
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Now that the price action has break up of the resistance , I expect the rally to continue provided the FED gives no more surprises along the way.
For simplicity, I chose 3 of my vested assets to show the difference the yearly returns (beginning of 2023 to end 2023) namely, VOO ETF (tracking the SPX500 index), PG (Proctor & Gamble) and Meta (Facebook) stocks respectively.
One can see that PG has given the worst performance returns out of the 3 assets , registering a single negative digit returns of 1.87% ,...
The Vanguard S&P 500 ETF (VOO) remains a quintessential pick for investors seeking to mirror the performance of the S&P 500 Index. The ETF boasts a dividend yield of 1.5736%, with a return of 7.15% over the past year, slightly outpacing the SPY's return of 6.52%.
A technical analysis suggests that VOO is currently in a complete impulse wave pattern, having...
Choose ETF for long term investment is always beneficial ,With lowest amount you have ,the investments can keep on be added .
Here are some of the key inputs :
NYSEARCA: VOO is the ticker symbol for the Vanguard S&P 500 ETF, an exchange-traded fund (ETF) managed by Vanguard Group. This ETF seeks to track the performance of the S&P 500 Index, which is one of the...
On the chart we can see a bullish trend. Our strategy is enter a long position as the price is breaking resistance.
Invalidation of this thesis would be if the price comes back below the support.
🔹Strong rising trend channel in the medium long term.
🔹POSITIVE signal breakout 401 resistance in Rectangle Formation.
🔹Between support 395 and resistance 424, 439.
🔹RSI rises to 70 due to recent price rise.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder |...
possible bullish movement we can expect a test to for LPS and then a push to the upside
look for smaller time frames schematics and possible moves for the overall bullish bias
I believe the VOO for the S&P500 is still in the bear market range. Likely that the index will trade sideways within the support and resistance levels until the inflation rates are showing signs of improvement. Or when the Fed starts to reduce interest rates.
The index will have to surpass the 396 level to get out of the bear market and enter a bull market. This...
From TA it is will 343. it it does not hold it goes down to 332. if that does not hold it goes down to 321. i expect it to turn at this level. But if it doesn't next stop will be around 300-7 level.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
![VOO: VOO - Rising Trend Channel [MID -TERM]](https://s3.tradingview.com/w/wGrTtwEC_mid.png "VOO - Rising Trend Channel [MID -TERM]")
