mohamad_mi

mohamad_mi Updated 

Hello my friends , hope you all be fine and healthy as you can see in the chart , price is trying to complete a pattern which it calls bearish CP DRIVE or Three drives , if it works correctly price ceiling will be at zone of 153$ , after that price has to start a correction and the possible zone for end of the correction would be near 120$ . ( if price passes...

mohamad_mi

In price action view : Simple long term Chart of Gold Indicates the completion of the cup and handle pattern , Which does not need further explanation . In the Fundamental view ( which is more important reason than the others ) : I think its better for Gold If the story of the corona vaccine To be completed as soon as possible , corona force the Economies to...

mohamad_mi

US30 yr yield price action W bullish patterns is being completed , if the price can cross the red line and stay above it for a enough time , then this pattern will work Properly and it can reach to the green line , which this is not a good news for stocks , because usually the correlation between the stocks and the bond yield is opposite .

mohamad_mi

5 month of uncertainty and Neutral trend for NFLX , But a good positions for short term trading , Buy from the Bottom of the channel and sell from the Top . Fundamentals : The corona virus has increased again and possibility of cities Lockdown can be positive for Stay-at-home Stocks . Price Action : Price placed at Bottom of the Channel also the 200 Day moving...

mohamad_mi

Facebook start a rally from march until September And reacted to the Bullish trend line B throughout this period , But recently this trend line has been broken so This can be a proof to start a correction , Another powerful reason to make Facebook going down is Top head & shoulders pattern , but if price break the A line and goes above it the pattern will be fail...

mohamad_mi

hello my friends , I hope you are all well and safe I came with new analysis about SPY.. Given the dramatic growth it has had recently , It has now entered a correction phase According to the bearish cross that happened recent , I expect this decline to continue The point of price collision with A trend line can be the end of correction but If it can not...

mohamad_mi

hello , my new opinion about apple stock : apple stock split 4-1 couple days ago ,after that Fear arose in the market called tech bubble , This caused the shares of the big company like apple and Tesla began to decrease , After this fear swept the entire market It caused widespread sales in the market , but let's talk about apple , apple is biggest company in...

mohamad_mi

positive divergence in the dollar index , Could this be a prelude to the rise of the dollar and the fall of gold ? please tell me your opinion about it , thank you

mohamad_mi

i'm not a big indicator guy , but that's some serious negative divergence in bitcoins .

mohamad_mi

In the past , The movement of gold and stocks has been in opposite directions , after the Covid 19 and beginning of the pandemic , The stock market began to fall sharply but on the other side , gold started a rally ,The situation was getting worse day by day, but the rise of gold did not continue And suddenly gold fell sharply for some reasons , One of them was...

mohamad_mi

#Netflix stock analysis , Netflix completed the W pattern Which is shown in the diagram inside the square , After completing the pattern of W , price moved up a little higher than we expected , But it was then that the the earning released and forced the price to start a correction , but at this moment That the world is suffering from disease and people have to...

mohamad_mi

1. gold started a rally in 2011 because of some specific issues , One of the most important of them was the government debt issues in huge countries like united state and Europe countries , so that situation forced the investors to start buying gold , beside of this The dollar index was also weakening so this also supported the price of gold , and today the...

mohamad_mi

after recent growth in NASDAQ , price hit the fibonacci resistance and failed to break that level , and made engulfing candle and this is a reason why NASDAQ need some Correction , another reason is the pattern was happen before that i showed in (A) rectangle , same happen now in the (B) rectangle .

mohamad_mi

hello friends ! here is the chart analysis of dollar index as you can see in the picture , The price had reached its lowest point at 2008 ,and at that point the bearish trend ended and , As usual, the price should be neutral at this point after that drop down , but its start to increase immediately , price made two bullish channels And it's starting to...

mohamad_mi

in January , waterfall happened in facebook stock because of the pandemic , and price reached to the bottom of the long term channel ( yellow trend lines ) meanwhile the stimulus packages help market to recover the loss , a few days after the beginning of up trend , Hopes for reopening also began and help the bulls , until price reached to top of the channel...

mohamad_mi

hello friends ! my new analysis about bitcoin : btc faced with a strong resistance ' after Inability to pass that resistance , price start the neutral trend below the resistance , i think if price want to pass that resistance need some correction for that ! please tell me you're opinion in the comment .

mohamad_mi

hello , i came with my new opinion about apple stock ...! after a massive growth in apple stcok price and hit all time high , price has faced to a resistance Which caused stock prices to fall earlier , and another risk threatened the market is the covid 19 phase 2 and the interesting point is when AAPL hit that resistance ( trend line ) before market were at...

mohamad_mi Updated 

hello friends ! i found bullish pattern in berkshire hathaway daily chart that we called double bottom pattern ! the target was showed in the picture ! if the breakpoint from bottom happend !! the analysis failed and the trend change to bearish from bullish hope it was useful for you my friends . #berkshirehathaway #stock #wallstreet #stockmarket #nyse NYSE:BRK.B