The_Rational_Investor

The_Rational_Investor

So the downtrend for tesla kept its promise as visualized .. am glad i took the sort positions i did. but now there will be a short pullback as the price has hit neared some historic lows. So what can potentially drive the price down further? 1. Recession trends will impact car sales volumes. 2. Powerwall has a new challenger. Can musk come up with a smart...

The_Rational_Investor

Having met my target zone, given the latest set of negative news for tesla, i am still short on tesla. The new business lines in Robotics are interesting, but there is a lot to do before it can be a business and not just an R&D project. More downside to come. For a more indepth view, please send a PM. My next target is 215.

The_Rational_Investor

So oil broke the trendline (Green) strongly, and moved below 80 as previously predicted. Its next moev will be to the 75 level, from where it will have a temporary reprieve towards 80 and then head back towards 69. There are multiple reasons for Oil to move down. 1. Its all about Geopolitics. In order to starve the Russian warchest of additional funds, the oil...

The_Rational_Investor

BTC is going through its next set of distribution. The trend remains intact. It is on a steady downward trend and will be heading towards the 12,000 zone. My target is 12,000 and time frame is within 60 days. For reasons why, can discuss that on private messages.

The_Rational_Investor

So Oil touched the 82 mark before making a short reversal up before heading down again .. Higher than expected inflation is not a good news for the economy as it increases recession fears. Individuals and businesses cut down on expenses. Goldman Sachs looking to shed a lot of fat as well .. that means the markets are priming for speed bump very soon ! Oil...

The_Rational_Investor

Holy Moley ... BTC never ceases to surprise ... so it went back to kiss the previous downtrend upper band before taking a sharp turn down. Think its going to touch 18k again !! .. Simplest trend analysis shows its on its way down. Other Chart analysis with technical indicators and chart patterns still indicate a sharp decline is still on the cards. The...

The_Rational_Investor

Tesla started the month well, but lost momentum with a whale taking a lot of short calls. So what does that mean for tesla? My current trade is to go short for the current week, my price target is at 250. The trend is undecided at the moment. My previous trade came to my target short. and thankfully the trade closed before the price went up. But with current...

The_Rational_Investor

Seems like silver is going to go down further. Watch the Gold Silver Ratio to see how it is playing out. Recession fears will drive down Silver further. If silver breaks the 50,000 mark, it will head towards 45,000.

The_Rational_Investor

So oil came down to 86 quickly !!! ... next stop 80? After all the news of Chengdu being shut down due to Covid is not good for the supply chain ... ripple effect will be felt in the oil market! If oil breaks this long term downtrend, the next few weeks will be indecisive with both Oil bulls and bears tugging at the barrels so to speak. I am still short ......

The_Rational_Investor

Is Bitcoin in a Distribution phase or an accumulation phase? Are the whales buying? or Selling? Looking at the price action in BTC, you can see that the whales are at play. Given the issues with NVDA & AMD, mining will not be seeing a huge upswing for the current term. Also cooling those mining rigs are expensive ! and the cost of energy is not making BTC...

The_Rational_Investor

So Tesla keeps giving gifts :) Further fall towards my target zone as indicated. Atleast that is what I think is going to happen! Setting up the options play. it is always a good bet!

The_Rational_Investor

Amazing to see how quickly NVDA broke the support. Well .. there are some interesting observations on the NVDA chart. 1. Neckline of the H&S was cracked and since then it has been on a steady downtrend. for the conservative investors and traders, it may be a good idea to bet on a upswing only if it breaks the neckline, but for the rest, I would suggest that...

The_Rational_Investor

Having cracked the Support Trendline, The support Range, and with all indicators (my bespoke indicators), seems like the Tech100 is heading further south. But will it continue and crack the next level at 11100? or Will it bounce back from here? There are a few considerations: 1. New Export limitations on dual use technology is going to prevent the Chip...

The_Rational_Investor

While some believe (seekingalpha.com) I have a different view. Given that there are some major issues with demand for NVIDIA: 1. Fear gauge in the market means there is going to be less money spend on devices and therefore NVDA. 2. Exposure to crypto based assets mean that further downside with data centers and crypto mining devices. 3. NVDA is still expensive....

The_Rational_Investor

The Bear Grip on the DJ30 remains strong. It is going down further to test this very strong support. It is following a Wykoff's trend and threfore will touch 29700 very soon. I am short on the Indices: DJI & Nasdaq 100.

The_Rational_Investor

So Nasdaq is playing the downward trend. Having recovered from it's June lows, it has renewed its downward trend after making an August high at 13000s. Now it is going to retest its June lows again given that main street is still stricken with the fear of recession, and this will probably effect the heavyweights of the Tech100 significantly. My next target for...

The_Rational_Investor

Oil has started to move down with further fears of recession, ever since Fed Chair Powell stood ground with his aggressive rate hikes. Now that Oil has breached the 90 mark and is heading down, will it bounce back from the Critical Support trend line (Marked in green?) or will it breach the wall and head further south to the next landmark: the 75-82 zone? This...

The_Rational_Investor

Oil is going through an indecisive patch. Was this a Double top? That is the key question we need to answer. Let us look at some fundamentals: as the world swings towards a recession, the demand for Oil will see a further fall. Japan wants to restart their nuclear plants, the world is looking for ways to ween off Gas and Oil. Germany & Canada signs a deal to...