We had warned a lot of "weakness in US stock indexes in the medium and long term as well" since last September, and after that we saw shares that fell by more than 50%.
The current situation in the medium term
The Dow Jones reached the important weekly support 33100, which if it closes below it will open the way for more decline to 29375 and may extend to close...
SPX on the monthly
Today is the last trading day in November
We note on the chart that it is a negative candle, and we also note that “the last candle formed on the monthly in this way led to a decline of approximately 31.50%.”
Therefore, I recommend liquidating your open positions, buying and watching what may happen over the next few months
The idea fails and...
What we will talk about is inside the green circle on the drawing
The 8-hour closing is above 63440 targeting 74500, which means
It will hit the stop loss 67437 on the daily, which is behind Ethereum, which hit the stop loss more than a week ago, which I talked about in a previous video that Bitcoin is the worst performer among the leading currencies, meaning that...
TSLA on the daily
Shorts 1157.30 to 1118.65
First target 951.82 / 18.15%
Second target 795.50 / 31.55%
Stop losses if a daily close is above 1257.05 / -8.00%
The ratios are based on the current prices
The recommendation takes about 3 months.
DAL on the daily
Recommendation time is about 3 months
First target 44.58 / 14.28%
Second target 47.54 / 21.65%
Stop losses at the daily close below 37.30 / 4.50% -
Please take the stop loss seriously and activate it as soon as it is achieved
short around 7.00
First target 5.82/16.25% peofits
Second target 4.60 / 34.00% profits
Stop Loss by closing Above 7.90 / -14.00% loss
Please take your stop losses seriously, as the close above 7.90 opens the way for further gains
Recommendation may take about 6 months
WKHS on four hours
Classic target 10.58, up 53.00%.
First target 10.88 / 58.20%
Second target 13.81 / 100.00%
Stop loss closing below 6.03 / -11.85%
We raised the stop loss to the lowest price the prices reached during the decline in order to preserve the capital
Weekly analysis, meaning that this analysis concerns the medium-term investor
Important weekly support at 115.89, if prices close below it as a weekly close, the cup and handle pattern is confirmed
The target becomes 81.50, with a drop of 30.00%.
Stop losses if it closes weekly above 122.66, with a loss of 5.75%
Uber at four hours
As part of the formation of the falling wedge pattern, which is a positive model
We note that the high trading volumes at the bottoms (there is a buyer at the bottoms only)
We also note the "positive deviation of prices with the MACD
The closing is above the (decreasing) resistance 40.00 buy for a target 44.93