Stock Market Analysis

2021-05-26 15:38:48 Open / Comment

2020-12-24 03:52:27 Coca Cola (KO) looks like a good opportunity, the chart broke out of the triangle.
Now the chart is trying to stay above the new support line (looks like the new support is holding now)...
I would put SL - 1.2 ATR below the support line. Remember, consolidation after a breakout is a good point to enter. (It’s even stronger when the consolidation happens after a breakout of a pattern).

(This post is only an opinion and made for learning, THIS IS NOT A TRADE ADVICE.) Open / Comment

2020-12-10 03:29:14 I’m working on few things for next week, feel free to vote in order to show me what to focus on Open / Comment

2020-11-02 16:41:06 Big big question right now, QQQ/TQQQ or SQQQ?
The stock market is a kind of a gamble, we need to predict the future using analysis of the chart and news, no one can know the future of course. I did some analysis to QQQ, and I will share my opinion and the information here.
I will focus today on analyzing the Chart.
Few things:
1. As you can see at the daily chart we are pretty far below the 20 EMA - meaning we are in a downtrend.

2. Next week gonna tell us two things: - In the weekly chart we can see that we are above the 20 EMA (Still in a uptrend) and we managed to touch it (at Friday), as soon as the candle touched it, it went up. So... Now we are in a critical point with two possible scenarios: Going up from here like after the small pullback of last September OR breaking the weekly 20 EMA and oh boy it can be a big dip like last March.

-We can also see on the weekly chart that we have a long resistance that we managed to break through and now the chart is trying to retest it as a support. Again, if the chart would break the support it is time to consider investing in SQQQ.

(This post is only an opinion and made for learning, THIS IS NOT A TRADE ADVICE.) Open / Comment

2020-11-02 16:40:06 QQQ’s Weekly chart. Blue line- is 20 EMA, Green line- is the support. Open / Comment