PlayerInvictus

PlayerInvictus

If Fed does not show any indication of cutting the rate, then most likely I can see this going bearish. Nevertheless, I would assume that from here and now, traders and institutions are uncertain about current monetary policy so that would try to take more defensive position.

PlayerInvictus

Papa powell didn't said much meaningful other than inflation being still high af. Based on today's analysis, I see that interest rates are easing in the short-term and am expecting it to ease further. We'll probably see 438/437 level again before dipping. It doesn't really matter to me cause I don't swing trade. Nevertheless, I'm feeling particularly bullish if...

PlayerInvictus Updated 

Low 151 level. Expecting High 150 to be the max tmrrw. But because corporate earnings are so good.......... idk.... I think TSLA COULD go lower though.

PlayerInvictus Updated 

Lower volume and upward trend suggests another falling wedge is forming. Per my previous falling wedge, it reached target level. This pattern will make or break depending on tomorrow's earning and economic data. However, I'm currently bearish.

PlayerInvictus Updated 

I got short squeezed but it's okay. I still think TSLA would go below 160. Probably next week. I don't see TSLA recovering or sustaining bullish momentum due to bad earnings. And I also think it was too soon to reach up to 165 level, attempting to go up to 170. It failed multiple times. Hence, I'm thinking, hard ceiling before it declines. Otherwise, perhaps, it's...

PlayerInvictus

Per gloomy earnings, TSLA had gone over -6% after hour, reaching below 170 level. With negative outlook, missing revenue and margins, sell-off would likely occur. In my opinion, I believed that 170 level was the hard support level that needed to break for further decline. I expect to see low 160 levels then start consolidating around high 160 to low 170 by Friday....

PlayerInvictus

Despite having the golden cross at 50/200 EMA, it is undeniable that the current price action is making triple top & head and shoulder.

PlayerInvictus

Currently testing at 411.45, adjacent to the support level around 412 or so.

PlayerInvictus

W/e indicators that I used are bullish, choppiness index is showing trend. This is with in regards to their strong fundamentals (obviously). I'm unsure what their target price is as of now b/c I haven't done any of quantitative analysis (cause it takes long time), but I do strongly think TSLA is undervalued in the current market conditions. Nevertheless, with the...

PlayerInvictus

There's still a lot of volume activity. I am actually 35% confident on this trade because it seems like a lot of people want to get out ASAP. Meaning, GMBL will pull back fast and hard. There's a reason for that. Hint: Whats happening in end of March for GMBL?

PlayerInvictus

If this isn't falling wedge, idk what it is. I am hopeful that I can profit.

PlayerInvictus

Haven't posted in a while. This is what I'm doing rn.

PlayerInvictus Updated 

Based on YoY and QoQ growth, CRM ended Q3 with strong revenue and net income. Net income were 360, 1,110, and 126 million respectively from 2018 to 2020. In 2021, net income was 4,072 million. It grew approximately 1131% since 2018 and 366% since 2019 (which was highest in 3-year period). Arising from that, it appears CRM management have been successful in...

PlayerInvictus

**This is not a trading advice, please consult with your financial advisor for any investment related decisions. The content posted is purely for knowledge and speculative reasons. Trade at your own risk**

PlayerInvictus

Maybe

PlayerInvictus Updated 

Bear momentum going strong. As everywhere begins to shut down, I'm afraid we have a long way to go... ***Not a trading advise, invest at your own risk. Will not be held accountable for your actions. Consult with your financial advisor.***

PlayerInvictus Updated 

Shorting began. ***This is not an investment advice, will NOT be held accountable for your investment. This is purely speculative and opinionated. Please consult with your financial adviser.***

PlayerInvictus Updated 

Call contracts are pretty cheap atm. I can't believe how cheap it is before the earnings. See chart.