SaeedSajedi

SaeedSajedi Updated 

Stocks fall one after another ! We Saw a considerable decline in FB (Meta) Stoc k after earning report after hours of last trading session. What is happening for FB (Meta) in terms of Elliott waves? FB (META), has likely completed a primary degree ascending cycle started on 4th Sept 2012 at 17.55 USD . This cycle took 9 years to be completed therefore,...

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ETH is most likely correcting 5 years up going wave ! is the correction over? Most probably NOT. ETH at ATH more than likely completed an impulsive section of a wave cycle and currently is in the corrective section. Normally in simple form, corrections have 3 legs with two legs down and one leg up in between. As shown on the chart , it is very possible for...

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It seems madness to talk about making a new ATH these days with such a panic in the market due to FED's decision to raise the rates .Please follow the analysis to see if this is really a madness or just being realistic without caring to much about emotions , feelings and NEWS !. What I am proposing here on the chart as wave count is what I can see as...

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Gold price has been always in center of attentions ! What will be the road map of the gold in long term ? Gold has started it's ascending journey when it was decided for it's price to be determined by free supply and demand market in 196-70 decade. Since then it's long term up trend has started with the first up going wave termination at around 200 and it's...

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TSLA can make many investor rich once more ! TSLA has more than likely completed it's major correction at 1 01.8 USD on 6th Jan 2023 similar to many other giant stocks . This scenario matches with my best case scenario for PSX published before which proposed the previous bear market as just correction of the bull run after pandemic low. TSLA's major...

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Exxon Mobil Corporation stock MAY see around 200 USD price in up coming years ! Today, we are going to investigate one of the giant oil companies. XOM has completed a complete ascending wave cycle from 1970 to 2020 . Impulsive section of this wave cycle was between 1970 and 2014 and corrective section started at 104.76 (former ATH) on 2014 and...

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Is 9 months correction enough for completion of 32 years bull run ? Started at 3.21 on 1990 and ended at ATH , JPM most probably has completed an impulsive section of a large degree wave cycle and currently is in first leg of 3 legs ABC form of correction. As shown on the chart by green horizontal lines, JPM has so far retraced back around 0.382 of whole...

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Taking out 3806.91 minor high puts 13th Oct low (3491.58) in a critical position. As explained in my previous publications, there was a chance for best case scenario and market bounce at 0.5 Retracement of rally after pandemic low and Bulls, Bottom fisher and Dip Buyers took the chance however, is this best case scenario going to happen? Bulls should pray for...

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What are most useful trading tips you have heard so far? Today, I am going to share with you 10 important trading lessons which market taught me after years of experience and I wish these tips to help you in your future trades : 1. We should Only do trading whenever we can obey all the following items or we had better leave trading forever. 2. Never enter...

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COST is offering another clean short set up. After proposing a beautiful and profitable Quasimodo pattern , COST reached to our first proposed take profit target ( See Related idea for details). After hitting our target , COST started a rally which is beautifully an abc form of counter trend correction . This abc form counter trend correction hit 0.618...

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Mighty NVDA reacted strongly to our first proposed support and first large down going wave might have been completed. As shown on the chart , Major down going wave from ATH to last major low can be labeled as 5 leg down 12345 with wave 4 as inverted flat ( See related idea for details). Confirmation for completion of wave A is a trade above labeled wave 4 high...

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ENTG was strongly rejected from strong resistance shown on the chart !. It more than likely has completed wave B of an ABC form of correction which means next down going wave ( Wave C) has been started. Fibonacci levels and broken down trend line which now acts as resistance have been shown on the chart. This confluence possibly prevented up going counter...

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Our two predicted targets for META (FB) is reached and I suppose third one will also be achieved in up coming months or years. I though that it might be useful to review the analysis as it is still valid and working well . Good luck everybody. Followings are description of the chart which I published 6 months ago : Stocks fall one after another ! We Saw...

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Which Bull Cycle is market correcting? Answer to this question shows us where MAY be a good point to buy the dip with open eyes and how to be prepared for alternative scenarios. As shown and explained on the charts, there are three alternative scenarios for now and all of them are valid although they have different probabilities. : 1. Best case...

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Opening a position without setting a stop loss is a big mistake and it can be disastrous when buying the dip ! Here, we show a tempting setup to open a long position in rectangle (1) . It is of course OK to go long in this setup in the hope of catching possible up coming up going wave shown in green. But without setting a stop loss? Not at all ! Followings are...

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I warned about a very strong bull trap in NVDA on 28th July and now the stock has a fresh low. ! As discussed in previous idea , inverted flats in bear market are among the most difficult patterns to recognize. Lets review published idea first : Now, What is next? As shown on the chart , a zigzag correction is most likely forming in NVDA and the stock is...

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NVDA has started a rally from the latest low and brought hope for bulls. This rally resembles 5 legs impulsive waves and MAY be a very strong Bull Trap ! Inverted flat corrections are one of the most complicated patterns in bear market. Two pictures inserted in the chart are captured from a very useful book written by Frost and Prechter titled : "Elliott...

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It is critical to analyze indices when choosing stocks ! SPN (Energy sector of S & P ) outperformed SPX since start of new year . While SPX is officially in bear market , SPN gained above 30 % so far and was above 60 % at it's latest major high !. SPX bounced back last week raising hopes for bulls however, I think it is just a bear market rally and worst may...