ZoharCho

ZoharCho

The chart is self-explanatory.

ZoharCho

Hello everyone. V-Bottom happened on the weakly. Volume Increase on rallies and decrease on corrections. Darvas box pattern - you have a shoot up and then the price consolidates within a box range... The stock was in a very long downtrend without any signals of reversal until now. Checked also the weakly chart. Basic materials are advancing.

ZoharCho Updated 

We act upon the stories we tell ourselves in our heads. Make sure the stories you have are aligned with the market reality. So here is another story, the market trend is like the WORM from the movie DUNE, when it comes, you don't stand in its way, you let it pass you and then you jump on its back, holding on with your hooks. LETTING IT take you to your...

ZoharCho Updated 

We want to see on the break up a volume increase & price pushing further. This will be a good sign. It is also an opportunity to watch live volume and learn (before it happens and while it happens) If you are not familiar with volume reading, see my education post about it.

ZoharCho Updated 

When the price ranged in the past for more than a month, a new directional move happened. This is also called a "LINE" in the Dow Theory.

ZoharCho

I read it in a book, I don't trade this way and didn't test it yet. Anyone trade this way? Some will call it swing trades, but I call it scalping because you aim for a high probability win rate and predefined logical target. Where Locations: 1. Identify resistance/support line 2. Identify trendline 3. Watch pullback to some MA When to Enter: After you...

ZoharCho Updated 

DOGE is near its all-time high, based on the previous percentage increase it could go to ~$2.5 DOGECOIN search analysis in google trends seems legit... I think I will make a future post that explains crypto in down-to-earth words. It has financial-practical value ===> it could be the future of money transfers the same way as Mcdonalds and Burger King were the...

ZoharCho

In 2 days SQ will release its earnings. Trying to estimate what moves SQ can do, we can use implied volatility of options. SQ moving sideways for some time, according to the information that is priced at options prices looks like sideways movement will continue.

ZoharCho Updated 

Our indicator can now be used by everyone. There are a lot of indicators trying to predict what will be the range of the stock in the future. Some of the indicators, that are well known, are using STD of volatility like Bolinger Bands or using an advanced simulation like Monte-Carlo, and others that are using different methods. Our approach to this subject is...

ZoharCho

The market is currently bullish, and it continues to be bullish until the market says otherwise. This idea is not to try to be a fortune teller, telling the market what to do, but a possible scenario that could happen so if the market is deciding to act on it, we will have it in our mind and follow its bidding to the downside. The trend is your friend, so...

ZoharCho

Make sure to tighten your stop losses. There was an up move with no volume for some time. Volume pattern doesn't confirm up side continued movement.

ZoharCho Updated 

Thought of sharing this chart template.

ZoharCho Updated 

Someone asked me about selling puts and I see a lot of people talking about selling TSLA puts The nearest low is at a price of $591, the trend is long and we had almost 40% drop. The implied volatility is relatively high but could be higher (if the IV will go higher it is bad for selling options) The option has 30 days left until expiration. If the price of TSLA...

ZoharCho Updated 

AMD pushing strongly toward the resistance line that was tested multiple times + we corrected for a lot of time. If we will get breakaway gap, that will signal the beginning of a new leg up (at least for the short term). If the volume increases it will be superb. Like it to see later how it played out. As always diversify. Also, earnings are soon...

ZoharCho

The chart is self-explanatory. I'm attaching down evidence that shows that the pattern repeats itself. You are welcome to go search for the same pattern in different stocks and attach their picture in the comments below, making this idea more complete. The logic of this pattern: You look for a trend-down stock. You plot the VWAP. Someone is shorting the stock,...

ZoharCho

I remember seeing this move live in real-time when it happened. It was amazing! Thought of doing a study case of this pattern. The chart is self-explanatory. First, you wait for the first part of the pattern to happen ----> Huge gains + Huge Volume Second, you watch it does the first pullback, and keep an eye on the HIGH. Third, when the stock is making...

ZoharCho

Wanted to pay attention to the gold position at the moment. As you can see on the chart, there is a difference between a clean breakout VS, not a clean breakout. In Jesse Livermore terms: Clean breakout = "The stock is acting right" Not clean breakout = "The stock is Not acting right" ===> WARNING SIGNAL according to Livermore system --> you need to watch...

ZoharCho

I see a lot of people talking about the $34 strike price of SLV So I decided to show how it looks like. This option has 85 days until expiration, the last big move did 60% in 90 days. $34 is "only" 40% from the current price. The lines are profit and loss lines, the yellow line is the break-even, the dark green 1 point, the light green 2 points, and the blue 3 points.