Bearish Fundamental - High inflation macro environment / weak sentiment - Funds Distribution - Decent PE - Negative PEG - Decent P/FCF - Strong Industry - Supply and demand playing catch up ( over stocking ) Technical - Momentum Theory Indicator - bearish divergence on the daily - Price action formation ( rising wedge ) = diminishing bullish momentum -...
CASH IS KING! CASH is currently the best hedge ( not Bitcoin, Cryptocurrency obviously ) against such brutal market that took out both long & short, depending on your time frame. VIX is very telling that it might break previous high now that it is onside with momentum is picking up. As VIX and the indexes are inversely related. The SPY, NASDAQ & DOW will be...
Here is a review of my stopped out trade review on $ELF with a 1:3 risk to reward thesis. Bearish Fundamental - High PE - Negative PEG - Negative P/ FCF - One must note beauty and cosmetic related products are always top of the chart in the online business / Lazada / Shopee Technical - Price broke down 2 years upward trend line with a long wick rejected -...
Smartphone market in India - statistics & facts India will over take China and emerge as the largest population in the projected year 2100. Rising disposable income, cheaper internet, and the need to always stay connected are some of the factors that have led the Indian smartphone market to grow into one of the largest smartphone markets in the world. ...
Bullish Fundamental - Positive P/FCF - Decent earnings - Decent accumulation TA - Falling wedge formation - Price above POC level - Price under major S/R level
Bearish Fundamental Cant think of anything fundamental on Crypto except its a greater fool asset class. Nothing wrong with that. Just human nature and enough publicity and marketing. TA - Bearish momentum divergence - Price out of channel - Still another leg down given the magnitude of the momentum
KEEP IT SIMPLE You simply do not go LONG once you see a bearish momentum divergence. Proceed if you must! I would say this is a leading indicator that spells trouble!
Bullish Fundamental - Strong macro environment East - Strong earnings - Positive P/FCF TA - Price above POC level - Momentum broke out - Price broke out downtrend - Followed thru week with engulfing candle
Bearish Fundamental - Funds are distributing - High PE - High PEG ratio - Rate hike is not good for REITS TA - Bearish momentum divergence ( first sign of bearish ) Must proceed with care if LONG - Price broke down upward trend line - Rejected trend line with long wick - Formed head and shoulders formation - Price below major S/R level confluence with 0.3...
Bullish Fundamental - Funds are accumulating - Decent earnings - Positive PE - Positive PEG ratio - Weak sector TA - Falling wedge price action = bullish if broke out - Price broke out. Looking for a retest - Currently resting below major S/R level - Supported by POC - Momentum theory broke out
Bullish Fundamental - Leading industry - healthy fundamental - TA - Correction momentum is diminishing forming a potential bullish pennant - Price is still within upward trend - Price is under pressure with POC level - Will be keen 1) price above POC 2) price above 200MA 3) price breakout pennant 4) momentum breakout accompanied with volume !
Bullish Fundamental - Funds accumulating but not massive - Good earnings - Positive PE - Positive P/FCF TA - Momentum theory valid - Momentum theory indicator - POC level established - Price out of the wood of downtrend Pending trigger
Bullish Fundamental - Funds accumulating - Good earning - Positive P/FCF - Positive PEG - Positive PE - Undervalued TA - Price out of woods - Broke away from downtrend line - Price above POC = everyone who bought at that level are making money - Price resting at major S/R - Momentum out of the woods turning positive * falling wedge = momentum of...
Bullish Fundamental - Funds are accumulating - Positive PEG - Top industry - Decent business model TA - Completed Elliot 5 waves - Price out of the woods - Positive momentum Entry trigger - TBA
Bearish Fundamental - Funds distributing - Decent earnings TA - Bearish momentum divergence - Momentum diving - Broke trendline - Rejected trendline - Rejected POC - Broke neckline - DC
Bearish Fundamental - Funds been distributing - Good sector / leader in group - Decent earning and ratios TA - Bearish momentum divergence - Double top formation - Price resting on upward trend line - Price above POC support
Bearish Fundamental - Weak industry - Generally decent company TA - Bearish momentum divergence - Broke trend line - Retest / rejected - Reject 0.5-0618 fibo - Resting below major POC level
Bearish Fundamental - High PE - Negative PEG ratio - Weak industry group TA - Bearish momentum divergence - Momentum diving - Broke down trend line - Rejected retest - Rejected fibo - Strong supper / resistance at POC level