This week we look at stocks, cryptocurrencies, commodities, and stocks making moves. The stock market looks to be inside a bear trend coming off the late March rally. I am looking for a spike up on VIX to mark the next stock market swing bottom. Cryptocurrencies have almost all given up their recent March rallies with Ethereum holding its ground for now. Oil...
Facebook NASDAQ:FB going lower was something many people did not expect on February 3rd, 2022 after the huge drop on earnings. I am afraid that many investors and traders did not pay heed to the words of one of my favorite investors Peter Lynch that "a stock can always go lower." Now price is grinding down those expecting a quick bounce. Let's look at this...
On balance I am not optimistic. I think this market will struggle to close the gap.
FB lost $230 billion in one day. The CEO lost $30 billion. I can't even begin to think what that feels like.
In the video I compare the current gap of some 30% with a similar gap of ~20% back in 2018.
This video is for deep thought. There are no predictions here....
2.4.22 FB I think this market will correct higher. At some point I will find a trigger with a stop I am willing to take if I am interested in scalping or scaling in and out of this market because of its volatility.
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...
In this update we review the recent price action in Facebook and identify the next high probability trading opportunity and price objectives to target.
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...
4H H&S formation was confirmed by the break of the neckline.
Retest gap retesting and testing key support, look left.
Yesterday's close was an indecision high wave candle.
Entry: only if we get price action above the top of high wave candle with volume
Stop: $323.5 which is below the previous low
TP: $363.4 which equals to, 2 equal legs up->
