GreenfieldAnalysis

GreenfieldAnalysis

The Laws of Supply and Demand Affects the Price Movement 1. When supply exceeds demand, the price is more likely to fall. 2. As the price is falling, supply will increase, and demand will decrease. As a result, the price will fall faster. 3. At valleys, demand is greater than supply; therefore, the price is more likely to increase. 4. At peaks, supply...

GreenfieldAnalysis

The Most Common Emotions For Traders J: Joyful Traders feel joyful and happy seeing the security hit a new high. H: Hope Traders hope the uptrend will resume after the other traders stop profit-taking. S: Scare Traders are scare and worry that the price will continue to drop. Traders have to make a difficult decision to sell at a loss or hold on to the...

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A Price Forecast for Bitcoin / U.S. Dollar Bitcoin / U.S. Dollar, with the symbol BTCUSD, continued to trade in the channel as of January 14, 2021. I continue to believe this security will retest the previous high and may make a new high. However, if the price fails to continue in that two parallel channel lines as I mentioned before then we are looking at...

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A Price Forecast for Bitcoin / U.S. Dollar Bitcoin / U.S. Dollar, with the symbol BTCUSD, formed a double bottom class II pattern on the 4h chart as of January 13, 2021. If Bitcoin continues to trade in the two parallel channel lines then, I continue to believe this will be the path to how Bitcoins will retest the previous high. This price forecast is made...

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What is a price gap? A price gap appears on the price chart as a blank space, and the blank space represents the time when there was no trading activity in that particular price level. 4 Types of Price Gaps 1. A breakaway gap happens when the security traded in a narrow range for some time, and then the security jumps to a different price level. This indicates...

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A Price Forecast for Bitcoin / U.S. Dollar Bitcoin / U.S. Dollar, with the symbol BTCUSD, formed an inverted head and shoulder pattern on January 12, 2021. If Bitcoin continues to trade in the two parallel channel lines then, I believe this will be the path to how Bitcoins will retest the previous high. This price forecast is made based on the following...

GreenfieldAnalysis

What is a short squeeze? A short squeeze is a short period when the price of a security increase rapidly due to the demand greater than the supply available for that security. A short squeeze is due to short-sellers covering their positions and long traders looking for a bargain. How to trade a short squeeze? A common shape of a short squeeze is an...

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Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Charts interpreted and articles prepared by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the...

GreenfieldAnalysis Updated 

This is a guess for fun! Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Charts interpreted and articles prepared by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the...

GreenfieldAnalysis Updated 

This is a guess for fun! Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Charts interpreted and articles prepared by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the...

GreenfieldAnalysis Updated 

Price Target Hit, Roughly +30.12% This is a follow up writing for my article published on January 6, 2021, with the title "Weekly Trade Ideas for the 11 Automobile Manufacturers" In that article, I wrote, "Trade Idea: A retest of the previous high around $18.91 is possible." Here is the link to the article: The current price is $17.15 as of the market close...

GreenfieldAnalysis Updated 

Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Charts and articles interpreted by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no...

GreenfieldAnalysis Updated 

Thank you for reading! Greenfield Remember to click "Like" and "Follow!" Disclosure: Charts and articles interpreted by Greenfield. A market idea by Greenfield Analysis LLC for educational purposes only. This is not a solicitation and not a recommendation. Greenfield Analysis LLC has no investment in any of the securities mentioned in the article, and no...

GreenfieldAnalysis Updated 

A 15.64% gain in one day is not bad and is enough for some quick traders! This is a follow up writing for my article published yesterday January 6, 2021, with the title "Weekly Trade Ideas for the 11 Automobile Manufacturers" In that article, I wrote, "Trade Idea: A retest of the previous high around $18.91 is possible." Here is the link to the...

GreenfieldAnalysis

How to use the DMI indicator to determine if the current trend will continue or pullback! The Directional Movement Index (DMI) indicator is used to determine the direction and strength of the trend. The average directional index (ADX) indicator determines whether the strength of the current price trend is strong or not. The lines are calculated based on the...

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$541.39 was expensive! A temporary bottom at $499.54 on January 6, 2021. Trade Idea: Short-Term Price Target of $528. A possible retest of $508.05. A retest means that the stock must hold that level or we are looking at the next price at $468.29. This is a follow up writing in regards to my article on January 2, 2020, "A new high above $541.39 is...

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A 10.48% gain in one day is not bad! This is a follow up writing for my article published yesterday January 6, 2021, with the title "Weekly Trade Ideas for the 11 Automobile Manufacturers" In that article, I wrote, "Trade Idea: Too early to determine anything." But I marked an arrow to around the price of $45.37. Here is the link to the article: On...

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Weekly Trade-Ideas for the 11 Automobile Manufacturers #1 Li Auto Inc ADS (Symbol LI) has been trading in a narrow range between the price level of $30.09 and $33.20 since December 4, 2020. The stock found a temporary bottom at $26.68 on December 29, 2020, as part of the Double Bottom Class II Pattern. The current price is $30.99 based on the market close of...