Michael_Wang_Official

Michael_Wang_Official

EHang (EH) is an urban air mobility company, which is just a fancy way of saying drone, from China. Ehang’s stock crashed a whopping 62%, from $122 to $46, after a report was released. This report was released yesterday from Wolfpack Research, and I would like to go over some of the most important points from the report. Disclaimer: This is not investment...

Michael_Wang_Official

In this post, I'll be taking a look at Bitcoin's chart, analyzing it from a fractal perspective. For other analyses on Bitcoin, make sure to check out my other post by clicking the chart below: Analysis - We can compare Bitcoin's current 4 hour chart with that of the daily chart in the beginning of 2019 - The fractal starts with a bullish ascending triangle,...

Michael_Wang_Official

In this analysis, I'll be talking about the two approaches you can take in choosing the right stocks to invest in: the top down, and bottom up analysis methods. I have seen posts explaining the top down and bottom up analyses by time frames, but that's not correct. Time frames don't have anything to do with this approach. If you wish to check out my other...

Michael_Wang_Official Updated 

In this analysis, I'll take a look at the US Dollar Index (DXY), analyze it from both a technical and fundamental aspect, and look at what this could imply for the asset markets this year. DXY Technical Analysis - To begin with, we can take a look at the monthly chart for the dollar index - Since 2001, it has been on a downtrend, and ever since 2008, it has...

Michael_Wang_Official

In this post, I'll explore a very obvious. breakout setup as demonstrated on Ethereum's chart on the Bitcoin pair. This is not financial advice. This is for educational and entertainment purposes only. Trade at your own risk. Before we begin, you can also check out my previous breakout trade on Uniswap (UNI): Analysis - To begin with, Ethereum has broken...

Michael_Wang_Official

This post will be an extremely comprehensive and extensive analysis on the US Dollar. I’ll be explaining the history of this currency, the situation we are faced with today, and what this implies for our future. This post is lengthy, and can be difficult to comprehend if you're a beginner investor, but I've made it as digestible as possible and I highly recommend...

Michael_Wang_Official

In this analysis, I'll be taking a purely speculative approach by comparing Ethereum's current weekly chart to that of Bitcoin during 2013-2017. I will be comparing the price action's fractals, and explore the similarities in what the indicators tell us as well. Analysis - To begin with, we can see that the overall structure looks very similar - A rejection to...

Michael_Wang_Official

Legendary stock investor Peter Lynch once said that there’s a reason why the majority of people make money in real estate, but not in the stock market. People spend months on finding the right property, whereas in choosing the right stock to invest in, they only spend a few minutes. In this post, I'll be explaining the concepts of: 1) Price Earnings Ratio...

Michael_Wang_Official

In this analysis, I'll be analyzing Bitcoin's weekly and daily chart to provide updates on the market, identifying key areas of support and resistance to determine Bitcoin's next probable move. Analysis - To begin with, we can take a look at Bitcoin's weekly chart - Last year, we broke out from 9k levels after years of consolidation - We also broke through all...

Michael_Wang_Official

In this analysis, I will be shedding light on Neo, an altcoin that used to be one of the top in terms of market cap during the 2017 bull run. NEO currently sits at #31 on the market cap list, with $1.18b in market cap. Analysis - It's important to note how the volume continues to increase dramatically over time - Prices have barely moved within the accumulation...

Michael_Wang_Official Updated 

In this post, I'll be talking about the January Effect as the stock market looks to open for the first time in 2021. The January Effect - This is a hypothesis that securities' prices rise in January more than any other month of the year. - This allows investors to purchase prices prior to January, when it's relatively undervalued, and sell for a profit in...

Michael_Wang_Official

I've recently come across a lot of posts where the fibonacci retracement tool was erroneously used, and this gave me a good idea for an educational post. Introduction: The Fibonacci Sequence - Before talking about fibonacci retracements, it's important to understand what fibonacci sequences are. - Fibonacci sequences are numbers that are equal to the sum of the...

Michael_Wang_Official

In this analysis, I take a look at Uniswap (UNI), and its probability of a breakout, using a technical approach. This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Analysis - To begin with, we can see that...

Michael_Wang_Official

This is a Trading and Investing Review Sheet for 2020, where you look back on all your trades and investments, and evaluate on how the year went. This post was inspired by Richard Moglen on Twitter. As a trader, evaluate your trades based on this criteria: 1. Profitability 2. Max Drawdown (MDD) 3. Trading Strategy 4. Capital Management 5. Trading Plan 6....

Michael_Wang_Official Updated 

In this analysis, I will be providing two of my most probable scenarios for Bitcoin's trajectory for the short/mid term. This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look...

Michael_Wang_Official

In this post, I’ll be going over the 15 types of financial market participants as listed above. You want to keep your friend close, and your enemies closer. As an investor or a trader, jumping into the market without knowing what these entities are doing is like jumping into a battlefield with just a stick in your hand. So understanding the roles of each of these...

Michael_Wang_Official Updated 

In this analysis, I'll be covering everything you need to know about Special Purpose Acquisition Companies, or SPACs, and my own strategy that I use to choose for risk minimization, and profit maximization. SPAK, the chart above, is an ETF that was specifically designed to invest in SPAC companies. This is not investment advice. This is for educational and...

Michael_Wang_Official

In this analysis, I take a technical approach to Bitcoin, providing my own insight on Bitcoin's next potential trajectory based on fractals. I have been referring to this specific fractal for a while now, and I have gained enough confidence to share it with my followers. Analysis - We can first see that the fractal starts with an uptrend, followed by a bearish...