r3anand

09:19

r3anand

If history repeats itself, a major black swan event (like a cyber attack) will bring this stock and the whole market down with it. AT THAT POINT, I will definitely invest some money into this.

15:55

r3anand

I've looked at the longterm charts of AMD to make the case that it's showing similar price action as previous bull markets and I would like to assume this bull market will end the same way. There is little to no upside for this stock which is a good reflection of how the semiconductors or tech will perform in the coming months.

12:39

r3anand

I've built a case to show why Nike could be making a long term top, and this earnings could be the catalyst for the turn around. Thank you for your constructive feedback !

09:31

r3anand

Both these stocks are beneficiaries of the "stay at home" trend. As a result, they've gone parabolic, and appear to be in the distribution phase. Risk to reward for taking a short seems to be quite lucrative !

15:12

r3anand

You can watch this in conjunction with my Lowe's trade posted below. Essentially they're a play on the same industry and overall market crash in dec; (they're price is strongly correlated to the general market). Choose whichever one works better for your risk management. Like always, thanks for the constructive feedback

14:20

r3anand

- I am seeing a 2 month long distribution phase in Lowe's, after which the stock has rolled over. - I am predicting a very sharp move down in the month of December with the first target being the 130 demand zone and the 2nd target being the 100 demand zone. - the 100 level is also showing support as the key trend line from the start of this bull market comes in at...

13:31

r3anand

"Be fearful when others are greedy" - Warren Buffet. More applicable now than ever ! I've looked at the put/ call ratio as well as VIX which reflect extreme greed and a broken market. This type of euphoria that "stocks can never go down" is only a belief of dumb money and a strong indication of a top.

16:49

r3anand

In this video I've gone into more detail for the EURO stox, GDAX, UK and NIFTY. They're all showing potential signs of a turn around which indicates a turn around coming in the American markets as well.

18:09

r3anand

In this part I have looked at the nasdaq, S&P 500, UK, EURO & GermanDAX. nasdaq is showing distribution signs after a parabolic move to all time highs. This is a clear sign of a sharp reversal in the coming weeks. S&P is seeming like a false breakout and/ or short squeeze on a very conveniently timed vaccine news. Euro, UK & GDAX are at very critical supply...

09:38

r3anand

1. I've used independent forms of analysis to show a ~14% downside to the ~240 level 2. I want to EMPHASIZE that this move will most likely be news based; i.e. "no one could've seen it coming" but the charts speak for themselves

07:58

r3anand

A bearish pennant has been forming last few months since the March crash. This has just broken down which has opened up downside risk for the bulls.

19:54

r3anand

Key concepts I talked about in this video are outlined below. I wish I could cover more concepts and go into more detail but had a 20min time limit for the video. Maybe I could make a part 2. - false breakouts - global indices showing topping patterns and breaking down - FED balance sheet peaked in june 2020 - parabolic mania in tech stocks - PUT/ CALL ratio...

13:11

r3anand

I think the all time highs for these 2 stocks are behind us and they should only head lower from here. Ive observed a repeating pattern for both these stocks which tell me a trend change is forthcoming

15:08

r3anand

In this video I've shown 3 independent forms of technical analysis that make a strong case that the top is already in for these 3 stocks ! In general, I'm bearish the overall market so wouldn't be surprised to see these correct significantly. Let me know what you guys think ! Always open to comments and critiques.

07:40

r3anand

Short idea is summarized as follows 1. stock has gone parabolic and these typically have aggressive corrections 2. robintrack shows sentiment is extremely optimistic so would like to make a contrarian bet 3. assuming a SZ 84-88 so taking a $4 risk and executing the trade via November PUTS. 80 strike

09:36

r3anand

Here's a short video for any new traders who want to learn the basics of elliot wave analysis. I made this for a friend but thought I'd just post it on a public platform so it could help others as well. Pardon the quality! I've never made a video before so shall continue to improve in the future :)

r3anand

1. As can be seen VIX has once again formed a bullish wedge which is ready to breakout in the very near future 2. Another way to look at this is by combining the 2 wedges which is forming a triangle ( see attached line chart). This is also showing signs of a breakout. 3. 50d SMA for the PUT/ CALL ratio is at EXTREME...

r3anand

Here's the trade setup 1. PG is in a supply zone denoted in the red colour 2. Earnings is in a couple days which makes for an easy catalyst to turn this around from all time highs 3. There's a triangle pattern formed over past 4 months (see attached link) and these tend to have aggressive breaks 4. I am bearish the general market so that should further support...