Michael_Wang_Official

Michael_Wang_Official

In this analysis, I'll be taking a purely technical approach in analyzing Spotify (SPOT), using Elliott wave counts. Analysis - We can see that overall, the stock is in a clear uptrend - It has completed wave 2 on the primary degree, and continues to rally through impulse waves - It formed an Elliott triple combo wave (WXYXZ) for the second primary wave,...

Michael_Wang_Official

This is my analysis on DoorDash (DASH), written prior to the IPO. Most of the information below is available from the S1 that the company filed to the SEC. This is not investment advice. This was written for educational purposes only. You are responsible for your investments and trades. Invest at your own risk. About DoorDash - DoorDash (DASH) is America’s #1...

Michael_Wang_Official

In this analysis, I’ll be going over Institutional players related to Bitcoin, which companies and people are bullish on it for what reason, and which others are bearish or against it. I’ll also provide a non-biased conclusion of how to view Bitcoin for your overall portfolio. What is Bitcoin? Let’s briefly go over what Bitcoin exactly is. Bitcoin is a digital...

Michael_Wang_Official

In this analysis, I will be taking a purely technical approach to Apple (AAPL), and why this might be a good buy opportunity. Analysis - To begin with, we can see that the stock is moving in an overall uptrend - It has completed a textbook Elliott Impulse Wave (12345) count, and has been consolidating in a bullish pennant structure - Within the triangle, we can...

Michael_Wang_Official

In this post, I will be analyzing Bitcoin's hourly chart based on the Wyckoff accumulation gradient of rising bottoms. Terminology - Preliminary Support (PS): This is where substantial buying begins to provide pronounced support after a prolonged downtrend. - Selling Climax ( SC ): This is the point at which widening spread and selling pressure usually climaxes...

Michael_Wang_Official Updated 

In this post, I'll be shedding light on a few technical and fundamental factors worthy of taking into account. For reference, check out my other post from September, where I discussed the importance of Bitcoin breaking the long term descending trend line, and how it should be considered a sign of strength. Bitcoin has been on a major bullish rally ever since...

Michael_Wang_Official

Airbnb is an online rental marketplace for lodging, home stays, and tourism experiences. The company does not own any real estate listings, but offers a platform through which people can take part in the sharing economy. Airbnb announced its filing for an initial public offering (IPO) in August. In this analysis, we’ll be going over everything investors need to...

Michael_Wang_Official

In this post, I’ll be shedding light on market cycles for cryptocurrencies, specifically Ethereum in this case, and how investors’ sentiments are reflected at certain phases of the cycle. Market Cycle Explained - We can refer to the graph in green, which demonstrates the overall market cycle - Markets undergo phases of contractions and expansions, forming peaks...

Michael_Wang_Official

Alibaba Group is a Chinese multinational tech company specializing in e-commerce, and IT. This Chinese company is listed on the New York Stock Exchange (NYSE) as BABA. In this analysis, I’ll be covering the company’s fundamentals by looking at its business model and financials, as well as technical analysis for the stock. I’ll also be providing my own insight on...

Michael_Wang_Official

Tesla (TSLA) is a one-of-a-kind electric vehicle company that is listed on the NASDAQ exchange. Just now, it has been announced that the stock will be added to the S&P500. In this analysis, we’ll take a look at the fundamentals of the company, as well as what this news means for Tesla. Some of the information in this post is based on the analysis I wrote in...

Michael_Wang_Official

In this post, I'll be shedding light on a speculative theory involving Bitcoin's breakout pattern for the long term. This analysis is based on time periods, the wyckoffian theory of accumulation and supply/demand, as well as breakout strategies. Analysis - To begin with, we can see that Bitcoin, over the long run, has undergone phases of accumulations - Based...

Michael_Wang_Official

In this post, I’ll be providing my own analysis on Qualcomm (QCOM), shedding light on the fundamental and technical aspect of the stock. What is Qualcomm? Qualcomm (QCOM) is short for ‘Quality Communications’. The American company was established by a communications engineer, Irwin Jacobs. It’s a company that focuses on semiconductors, software, and wireless...

Michael_Wang_Official

In this post, I'll be exploring Ethereum's chart on the USD pair. I will cover key areas of support and resistance, as well as signs of bullishness that indicate a potential breakout. Daily Chart Analysis - To begin with, we can start with the daily chart on the left hand side - Major support levels are marked by blue, minor support levels by green, and major...

Michael_Wang_Official

ChargePoint, an electric vehicle charging network, has struck a deal to merge with a SPAC (Special Purpose Acquisition Company), Switchback Energy Acquisition Corporation (SBE), with a market valuation of $2.4 billion. In this analysis, I'll be going over the company's business model and financials, as well as technical analysis of the very short price action...

Michael_Wang_Official

Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight. This is not financial advice. This is for educational purposes only. In this post, I'll be discussing the current situation of the US presidential elections, and the market outlook depending on some of the probable cases. Election Results - To begin with, the...

Michael_Wang_Official

In this post, I'll be providing an educational post on the cryptocurrency's market cycle, and how to overcome the fear of missing out, also known as fomo. It's important to understand that the cryptocurrency market has very clear market cycles. In order to profit in the cryptocurrency market, it's important to think like a whale . 1. To begin with, whales keep...

Michael_Wang_Official

Disclaimer: this is a completely APOLITICAL analysis based solely on facts and my personal insight. This is not financial advice. This is for educational purposes only. In this analysis, I’ll be discussing my own thoughts on the elections, the effect on the stock market, and what we can do as investors. To begin with, my guess is that Trump’s chances of getting...

Michael_Wang_Official Updated 

Disclaimer: This is merely a speculative theory on Bitcoin's next potential move. I trade based on confirmations provided, rather than predicting Bitcoin's future price action. The future is something we need to prepare for, rather than predict. In this post, I'll be providing my own theory based on a combination of Fibonacci Time Zones, and technical...