Google has been a public company since 2005 and despite being one of the most profitable companies and having a great performance on the stock market, it has had to endure significant drawdowns.
The first most significant was during the 2008 financial crisis. when the stock fell almost 65%. The stock took up to 5 years to achieve a new ALL TIME HIGH.
During...
Some tweeets of the day
it was an interesting day in the market, we were briefly in a Bear market, by being down 20% or more, it is considered a bear maket territory which the S&P500 intered for a short time in todays session
This is the beggining of a series of analysis i will be making in 2022
i will look closely to this BTC/USD chart as it seems to me that a 10% move is coming. if the down side move occurs i will be buying bitcoin and hold it for a 60% move to the upside
I used Fib Retracement tool to verify my key levels such as supports and resistance.
Most People will say that Gold is still Bullish, of course the Higher the Time-Frame, the Higher the posibility that more people are seeing the same pattern. but for more buying positions to be set, i do believe that buyers will be waiting for the weekly 50% Fib level, so for now i hold a bearish bias.
this year, we saw Gold be able to reach great highs, a...
This is my technical analysis for the Oil commodity:
We can see that in general the market is bullish, forming Higher Highs and Higher Lows. Also the price has greatly respected the Bollinger bands, so I think that once the price reaches 53.40 and after a confirmation with Retest, we can see the oil reaching new heights. In general it is a swing strategy that can...