This is a technique I use to figure out where a stock that is falling hard may stop. In many cases, people fail to realize how much further a stock can actually fall, especially when it seems like it is already beaten up. JBLU and NIO are perfect examples, and Fibs can tell you exactly where to go long, or at lest, where to start watching for a safe long...
Today, we're taking a deep dive into Nio, given how low its price has fallen. By examining key valuation metrics like the P/S ratio, which is currently at its lowest ever point, we can ask: Could Nio be poised for a strong comeback? Let's put this to the test using my groundbreaking Nio chart analysis method, EW 2.0. Curious about my EW 2.0 method? Catch my...
Here are two stocks I am currently watching. Lots of big shifts happening across the board in all markets. It is important to stay adaptable, flow like water as Bruce Lee says.
In trading, support and resistance are key concepts that help traders analyze price movements and make informed decisions. Here's a basic explanation: Support: Definition: Support is a price level at which a financial instrument (like a stock, currency pair, or commodity) tends to stop falling and may even bounce back up due to buyers. Analogy: Think of support...
Why you should only buy below $10 stocks --- #1 - These stocks are more volatile #2 - You will gain at least 2% profit or loss #3 - This is a better risk management #4 - And you won't get to use margin #5 - This reduces your risk levels --- Disclaimer: -- This is not financial advise do not buy or sell any stock or anything i recommend to you -- Do your own...
I haven't seen quite yet was I was hoping for the other day, and frankly a bullish case for NIo is starting to look worse and worse here. I am actually leaning more and more to the BEARISH side since analyzing the price action yesterday. While we did make a nice retracement from the $12.20 spot I talked about in my last idea, we have not picked up enough volume...
Key level is to buy right around $12.50 - $12.30... Wait for the likely liquidations and retracement above that $13.26 line. You have two good plays tomorrow if you're into options: -Buy 12/2 Put $13 strikes right above that $13.26 line. Sell right below $12.50 for those ITM gains. -Flip over to the 12/2 Call $13 strikes as soon as price goes below $12.50 and...
Way back in ancient market history; 2020 and 2021, there was a great clamoring for the latest and greatest prospect of human technological achievement... Electric Vehicle companies! Billions of retail dollars were thrown in a frenzy into speculative bets about "the future of travel". Well, we come to today and investors are relatively quiet compared to the old...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
I hope you are able to learn a couple things in this video update i appreciate you stopping in to checkout my work thanks Rigo
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
Today I give a brief overview on the SPY and QQQ as well as 2 stocks I'm watching into this week.
We all knew that Nio com is like Chinese Tesla also if u compare the chart pattern between Nio and Tesla u will see that it look very similar cuz 1. They all do triangle pattern 2. ABC pattern 3. If u analyze carefully we will see that now Nio it could be wave 4 and prepare to go 5
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I would also appreciate, if you would smash that like...
In this video I will break down my process in identifying supply and demand zones through technical analysis. Being able to identify these key areas allows for the trader to recognize potential levels of resistance and/or support. I also go over a few other technical analysis approaches I use when looking to identify similar key levels on a chart. From my...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I would also appreciate, if you would smash that like...