Microsoft (MSFT)
Possible price target in next 20 weeks!Looking at the Microsoft chart you will find out corrections between 8.37 - 9.54% repeatedly!
Having said that, anytime after an 8-9% decline from the top you could start evaluating the chart for possible reversal and opening long position!
What Is Buy the Dips?
"Buy the dips" means purchasing an asset after it has dropped in price. The belief here is that the new lower price represents a bargain as the "dip" is only a short-term blip and the asset, with time, is likely to bounce back and increase in value.
Buying the dips refers to going long an asset or security after its price has experienced a short-term decline, in a repeated fashion.
Buying the dips can be profitable in long-term uptrends, but unprofitable or tougher during secular downtrends.
Dip buying can lower one's average cost of owning a position, but the risk and reward of dip-buying should be constantly evaluated.
(Investopedia)
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NQ - MSFT GOOG APPL TSLA NVDA57.41% of NQ's gains during 2021
- a result from 5 companies.
Keep it simple - the Big 7, in
excess of 63%
While the Median Equities collapse
by 50 - 60% / the "7" rampage the NQ
Landscape.
________________________________
During the late stages of the Roaring 20's
RCA was bought up from $1.50 to $549.
1925 to 1929.
$547.50 in appreciation. the largest holders
were the wealthiest people.
They were looking for suckers then as now.
_________________________________
There is truly nothing new under the Sun.
New paradigms, Metaverse... blah blah blah.
No there is not, there is a Fully formed Technocracy
seeking to wreck everything.
They tried in the 1920s, the Technocracy Movement,
simply lacked the tools of controlling the chattel.
join the Cult of Inequity or perish?
Choice / Consequence.
__________________________________
Enjoy the rest of your Saturday.
Weekly charts peovide important information!In these charts, you see weekly candlestick patterns are Identical for the 7 biggest tech companies:
AAPL, MSFT, GOOG, AMZN, TSLA, FB, and NVDA have made a bearish candlestick pattern last week.
MSFT, GOOG, AMZN, and TSLA made Bearish engulfing pattern or Brarish outside bar! after a bullish rally in the past 6-8 weeks!
S&P 500 and NASDAQ 100 also made the same pattern:
Short interest for these tickers is between 0.55-1% except for TSLA which is 2.56% and AMD 6.25%.
And, Put/Call Open Interest for the next 30 days is between 0.74 to 1.8, which is relatively high for these tickers..!
Having said that,
In December 2021, the stock market will face challenges such as Omicron, Fiscal year budget, Debt Ceiling, and Quadruple witching!
I am confident that we are going to see a very volatile December and possibly a correction!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
A review on November 22 post!Please review the post on November 22, 2021:
Title: The overwhelming pressure of Sellers! (This post was not public)
these charts have common features:
1-They are all Giant Tech companies! (except RBLX )
2- They have above-average price volume!
3- They had a bullish rally recently!
4- They start the day well but closed at the lowest daily trading price!
5- They are among the top 10 daily Price Volume leaders!
6- They made long upper shadows and some made a long bearish engulfing pattern!
Having said that Do not expect good days ahead for techs!
Corrections seem inevitable!
All correct except AAPL..! All prices decreased 4-12% in the past 2 weeks!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Microsoft softening up for a fall. MSFTAnyone else notice this triple divergence that already formed? Who knows what will happen with this large cap, as it is constantly propped by bail out coof money, but lets see anyway.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
buy the dip for a year end ripbasically the damage behind closed doors has been huge for L/S managers. gross exposure down 17% the past couple months. Only 5 times has gross leverage among HF's come down over 15% the last 10 years, each time was a buy signal for risk on assets (NDX). The pain trade for L/S managers is a year end rally while they are under exposed and playing catch up to save face on the year. Long