2020-12-30
SNAP STOCK
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
SNAP STOCK MORE LIKELY HAS COMPLETED THE INTERMEDIATE WAVE THREE (3), SO THE FOURTH WAVE(4) CORRECTION UNDERWAY. IN SUCH CASES WHEN THE WAVE ITSELF IS THE FOURTH WAVE, TEND TO REGISTER IT MAXIMUM RETRACEMENT WITHIN THE SPAN OF THE PREVIOUS FOURTH WAVE OF ONE LESSER DEGREE, SO WE EXPECT SUPPORT OF 45.6 WILL BE BROKEN ,AND SET THE STAGE FOR PRICES TO REACH 38-40 RANGE
2020-12-29
NDX 100
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
NASDAQ IS FORMING DEEP CRAB SELL PATTERN. THE COMPLETION POINT WILL BE AT 13520
PLACE A STOP LOSS ABOVE 14200,BUT IN CRAB, DEEP CRAB PATTERNS I MENTIONED BEFORE THAT THEY HAVE STRONG PRICE ACTION AT COMPLETION POINT, SO THE 1.902XA(14050) IS COMPLEMENTARY TOLERANCE MEASURE EFFECTIVE IN SPECIFIC SITUATIONS
2020-12-26
سيدى كرير
سيدى كرير على الشارت الاسبوعى تحليل متوسط الى طويل الاجل
السهم من اسهم القيمه وللاستثمار طويل الاجل , وبعد الوصول الى مستوى دعم هام عند مستويات 4 بعد جائحه كورونا ارتد السهم صعودا لاعتلاء متوسط 40 اسبوع , من الايجابيات فىا لسهم ان السهم ارتكز على معكوس الرأس والكتفين كلاسيكيا وكمان الارتداد كمان بموجه خماسيه اليوتيا
عموما مستويات 6.80-6.90 مناسبه للشراء ووقف الخساره للمضارب وقصير الاجل الاغلاق تحت 6.85 ولطويل الاجل الاغلاق تحت 4 جنيه
لاحظ ان الديفرجنس الايجابى تم تاكيده باعتلاء متوسط 40 اسبوع
2020-12-24
2020-12-22
GOLD (THE NEAR-TERM UPTREND )
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
WHAT ABOUT THIS NEAR TREM UPTREND (RED LINE) !! THEN SUPPORT BREAKING AT 1850-1855
I THINK THEY‘RE ABLE TO PREVENT GOLD DECLINING, AND REBOUND TO UPSIDE TO BREAKOUT THE MEDIUM TREM DOWNTREND (BLUE LINE), AND COULD CLIMB TO THE OLD PEAK AT ROUGHLY $2100
DOLLAR INDEX
N THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AS I MENTIONED EARLY, DOLLAR MAY CONTINUE LOWER TO THE NEXT DOWNSIDE TARGET AT ROUGHLY 87 AFTER HITS 90 LEVEL
BUT, TODAY MORNING, DESPITE CONGRESS PASSED THE $900bn STIMULUS BILL. DOLLAR TEMPORARILY HAS BEEN BOUNCING TO REACH MORE LIKELY 91 LEVEL,THEN CONTINUE DECLINING TO HIT 87
2020-12-21
TESLA (TECHNICAL, FUNDAMENTAL S) ANALYSIS
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
INTRO
TODAY TESLA ENTERS AS BENCHMARK‘S FIFTH LARGEST STOCK,WITH A WEIGHTING OF 1.69% AND MARKET VALUE OF AROUND $695.bn FOLLOWING FRIDAY‘S RECORD HIGH CLOSE OF $695 PER SHARE
TESLA JOINED RUSSELL 1000 STOCK INDEX BACK IN SEPTEMBER 2010, PRICED AT JUST $4.40 A SHARE,AND ZOOMED INTO THE RIVAL NASDAQ 100 BENCHMARK IN JULY 2013,WHEN IT WAS TRADING AT $26 A POP, ITS SHARES HAVING CLIMBED 730% SINCE THE START OF THE YEAR,DESPITE THAT THE ANALYSTS‘ COMMUNITY IS DIVIDED OVER THE STOCK‘S PERFORMANCE IN 2021 AND IF THE FIRM HAS A FUNDAMENTALS THAT JUSTIFY ITS RISE BY MORE THAN 700% THIS YEAR
TO ANSWER THESE QUESTIONS, I DO THINK IT IS NECESSARY TO DIVIDE THE ANSWER INTO A TECHNICAL , FUNDEMENAL ANALYSIS
TECHNICACALLY SPEAKING, I MENTIONED EARLY FROM ELLIOTT WAVE ANALYSIS THAT TESLA IS IN THE PRIMARY THIRD WAVE,FORTUNTATELY FOR INVESTORES IN THIS STOCKTHE THIRD WAVE EXTENSION OF THIRD WAVE EXTENSION HAS OCCURED, IT IS KNOWN ABOUT THE THIRD WAVE THAT IS THE STRONGEST WAVE EVER AND ALWAYS CARRIES PRICES TO NEW HIGHS, WHICH MAKE THE FUNDAMENTALS ANALYSTS FEEL THAT STOCKS ARE OVERVALUED AND DECRY THE RUN AS A BUBBLE
THIS IS THE MOST IMPORTANT DIFFERANENCE BETWEEN TECNICAL AND FUNDAMENTALS ANALYSIS.
TECHNICAL ANALYSIS BELIEVES IN INVESTORS PSYCHOLOGY AND THAT THERE IS WHAT IS KNOWN AS A "PATTERN" THAT SHOULD BE COMPLETED FIRST FOR MAJOR PRICE TREND TURNS
PATTERN MAYBE AN ELLIOTT WAVE OR A CLISSICAL CHART PATTERN, SO INVESTOR‘S PSYCHOLOGY IS CHARTED MARKET TRENDES, INVESTOR‘S PSYCHOLOGY CAN BE
SUMMARIZED SIMPLY IN OPTIMISM AND PESSIMISM TOWARDS THE MARKET
SO I WOULD NOT BE SURPRISED IF PRICE CONTINUE TO RISE TOWARDS $1000 DURING THIS WAVE, OR A LIKELY DURING THE FIFTH WAVE , AS IT HAS SOMETHING EXTRA TOO, WNICH IS KNOWN DOUBLE EXTENSION( IN THE THIRD AND FIFTH WAVES TOGETHER) SO I CONFIRM DESPITE THE RAPID RUN HIGHER, TESLA HAS PLENTY OF UPSIDE AHEAD,I REPEAT AGAIN COULD HIT $1000 OR EVEN MORE
FUNDEMENALLY SPEAKING:- FIRST WE SHOULD ANSWER THE KEY QUESTION IS TESLA AN AUTO MAKER ? OR IS IT A TECHNOLOGY COMPANY OR IS IT SOME SORT OF AN AMALGAMATION OF BOTH
I THINK TESLA‘S CURRENT VALUATION DOES NOT IMPLY THAT IT‘S JUST A CAR COMPANY, MORGAN STANLEY RASIED TESLA TO OVERWIGHT FOR THE FIRST TIME IN MORE THAN THREE YEARS, PRIDICTING THAT TESLA IS ON THE VERGE OF A PROFOUND MODEL SHIFT FROM SELLING CARS TO GENERATING HIGH MARGIN SOFTWARE AND SERVICES REVENUE, THIS LOOK TAKES YO AWAY FROM COMPARING TESLA TO CAR COMPANIES ONLY AND SHOULD RATHER BE COMPARED TO SOFTWARE AS A SERVICE COMPANIES,IN ADDITION TESLA HAS UNDERTAKEN A MASSIVE EXPANSION OF MANUFACTURING , MUSK WANTS TO EVENTUALLY BUILD 20 MILLION ELECTRICAL VEHICLES A YEAR OVER THE NEXT DECADE, MORE THAN DOUBLE THE CURRENT PRODUCTION OF OTHER AUTO MAKING GIANTS , SO IT‘S NOW ON A MISSION TO RAPIDLY EXPAND ITS MANUFACTURING CAPABILITIES, WHICH ALLOWS THE COMPANY TO DOMINATE THE GLOBAL AUTO CAR MARKET DURING THE FEW NEXT YEARS, ALSO JOIN THE S&P 500 FORCING FUNDS THAT FOLLOW THE INDEX TO BUY SHARES,THAT IS EXPECATED TO SPARK A FLURRY OF FUNDING TRADES IN TESLA STOCK, PERHAPS ESTIMATED AT $80bn WHICH THE COMPANY USE FURTHER EXPANSION OR ADDING SOME SERVICES TO DEVLOP SOME MODLES LIKE MODEL 3 , MODEL Y OR CYBERTRUCK,WHICH HAS STRONG DEMAND FOR THESE MODELS
ALSO, ITS GROWING BATTERY, SOLAR AND AUTONOMOUS DRIVING DIVISIONS WILL FUEL FUTURE GAINS
FINALLY DONT FORGET THAT, INVESTORS BELIIEVE TESLA IS POISED TO LEAD A TRANSITION TO ELECTRIC CARS,AND DESPITE THE GROWING COMPETION, MUSK HAS MAINTAINED A HIGH LEVEL OF CONFIDENCE AND IN HIS VISION
SO, ALL THESE FACTORS FAVOR THE POSITIVE OUTLOOK OF THE STOCK,AND THE ANNUAL GROWTH IN REVENUE THAT WALL STREET IS EXPECTED AT 26% IN 2020 ACCELERATE FURTHER IN 2021, AND PROJECTED ANNUEL SALES GROWTH OF 17%, NOT ONLY THAT, BUT DOES PUSH MUSK TO CONTROL THE HUGE MARKET,WHICH IS EXPECTED RECHING AN ANNUAL VALUE OF 733 bn BY 2026 WITH A COMPOUND ANNUAL GROWTH RATE OF 5.2% DURING THE 2019-2026
ASIDE NOTE:- 1- TESLA STOCK GETS HIGH COMPOSITE RATING
THE IBD STOCK CHECKUP TOOL SHOWS THAT TESLA HAS A BEST POSSIBLE IBD COMPOSITE RATING OF 99 OUT OF 99, THE RATING MEANS TESLA STOCK CURRENTLY OUTPERFORMS 99% OF ALL STOCKS IN TERMS OF THE MOST IMPORTANT FUNDAMENTAL AND TECHNICAL S
WROTE WEDBUSH SECURTIES ANALYST DAN IVES, GLOBAL DEMAND FOR ELECTRIC VEHICLES COULD RECH 10% OF AUTO SALES BY 2025, UP FROM ITS CURRENT 3% SO TESLA SHARES COULD DOUBLE FROM CURRENT LEVELS AS GLOBAL ELECTRIC VECHICLE DEMAND RAPS UP OVER THE NEXT FIVE YEARS, HE RAISED HIS PRICE TARGET TO $560 A SHARE AND HIS BULL CASE SENARIO TO $1000 ON THE BELIEF THAT TESLA COULD DELVER 1 MILLION VEHICLES BY 2023, POSSIBLY 2022
https://www.foxbusiness.com/markets/tesla-stock-1000-global-demand-soars
https://www.foxbusiness.com/markets/tesla-stock-1000-global-demand-soars
2020-12-17
SILVER
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
THIS IS A COCTAIL OF CLASSIC CHART PATTERNS,WE HAVE 3 CLASSIC PATTERNS, THE FIRST IS A BUMP AND RUN REVERSAL BOTTOM, WHICH THE DOWN SLOPING TRENDLINE(BLUE LINE) BELONGS THIS PATTERN AND CLOSES ABOVE DOWNSLOPING TRENDLINE CONFIRMS THE PATTERN AS A VALID ONE ANDITS A BUY SIGNAL TO UPSIDE TARGET TO THE OLD HIGH AT ROUGHLY $30
THE SECOND ONE IS A DOUBLE BOTTOM INTO DESCENDING TRIANGLE,BREAKS OUT UPWARD 25.97 CONFIRMS THE PATTERN AS BEING A VALID D,BOTTOM,AND THE UPSIDE TARGET IS ROUGHLY $30
THE THIRD PATTERN IS A DESCENDING TRIANGLE , WHICH COULD ACTS AS A REVERSAL OR AS A CONTINUATION,SO BREAKOUTS UPWARD ABOVE 26 ACTS AS A CONTINUATION OF THE PREVAILNG PRICE TREND AND CLIMB TO ROUGHLY $34,WHILE BREAKOUTS DOWNWARD BELOW 21.8 ACTS AS REVERSAL,AND THE DOWNSIDE TARGET IS POTENTIALLY $14
HOWEVER, TO TRADE WITH THE UPWARD BREAKOUT WAIT FOR CLOSING ABOVE 26(CLOSING BEHIND THE DOWNSLOPING TREND
WHILE DOWNWARD BREAKOUT, WAIT FOR CLOSES BELOW 21.8
GOLD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AS I MENTIONED ON 23/11/2020,WHEN I ISSUED MY VIEW ABOUT GOLD
https://stockcharts-home.blogspot.com/2020/11/gold_23.html
THAT THE PSYCHOLOGICAL SUPPORT AT 1800 WAS VERY IMPORTANT,AND BREAKDOWN IT WOULD HAVE MEANT REACHING TO THE NEXT STRONG DOWNSIDE SUPPORT AT $1765,AND THIS IS WHAT ACTUALLY HAPPENED TO GOLD, ALSO WE INDICATED A CHANGE IN COUNTS,AND ELEVATION TO A HIGHER WAVE DEGREE(FROM MINOR DEGREE TO INTERMEDIATE DEGREE),FINALLY WAVE FOUR MAY HAVE FOUND A SOLID SUPPORT AT $1765,SO WE HAVE BEEN SEEING A BOUNCE IN PRICE ACTION,AND IF MY VIEW IS CORRECT,WE COULD SEE A VERTICAL RISE AND POSITIVE MOMENTUM AS THE THIRD MINUTE WAVE HAS COMMENCED
WHEREAS,CLOSING ABOVE $1875 GAVE US THE FIRST INDICATIONS THAT WE‘RE IN THE EARLY STAGES OF THE THIRD WAVE WHICH COULD HIT $2000 AGAIN, ALSO CLOSES ABOVE KEY LEVEL1899 CONFIRMS WE‘RE LOOKING HIGHER FOR INTERMEDIATE WAVE FIVE
2020-12-16
BTC vs USD (BITCOIN)
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
BITCOIN SHATTERS $20000 BARRIER FOR FIRST TIME ON WEDNESDAY MORING,ITS HIGHEST EVER AMID INCREASED INSTITUTIONAL AND CORPORATE INTEREST
AS I STATED EALIER ON 18/11/2020 ABOUT BITCOIN : THE BIG PICTURE"
https://stockcharts-home.blogspot.com/2020/11/bitcoin.html
TODAY WE POINT OUT SOME KEY LEVELS THAT SHOULD BE CROSSED TO CONFIRM THE VALIDITY OF THE PREDICATION AND ANALYSIS, SUCH AS $13765,TRADING ABOVE THIS LEVEL CONFIRMED THE 3 WAVES PULLBACK AND THE INTERMEDIATE WAVE (3) IS IN THE EARLY STAGES AND MAKE THE NEXT UPSIDE TARGET AT 25000 IS NEAR, THEN HAS A POTENTIAL TO HIT 31000 , ALSO TRADING ABOVE 19900 IS A STRONG EVIDANCE FAVOR THAT THE UPTREND IS INTACT
THE SECOND CHART, CRAB SELL PATTERN CONFIRMS THE MOST LIKELY UPSIDE TARGET AT 30000 (COMPLETION POINT OF THE PATTERN AT 30000), SHORT- MEDIUM TERM TARGET
ALSO, DUE TO THE EXTREMITY OF THIS STRUCTURE, IT IS COMMON TO OBSERV EXTREME PRICE ACTION AS THE PATTERN COMPLETES, SO WE INCLUDE THE 190.2% XA MEASURE AS AN ADDTIONAL TOLERANCE LIMIT BEYOND THE 161.8% XA AS A -RESULT, BITCOIN COULD REACH 34000-35000 RANGE
ASIDE NOTE:- OUR PREDICATION,THAT BITCOIN COULD HIT THIS TARGET THROUGH SHORT-MEDIUM TERM, IS BASED ON TWO THINGS,FIRST THAT, BITCOIN IS WORKING ON THE THIRD WAVE (VERTIICAL RUN , POSITIVE MOMENTUM, STRONGEST WAVE IN THE ACTIONARY WAVES.
SECOND, WE HAVE SEEN BEFORE, THE SAME BEHAVIOR IN THE SAME ASSET
HAVE WE FORGOTTEN THE IMORTANT RULE IN TECHNICAL ANALYSIS "HISTORY REAPTS ITSELF"....... PLZ, BACK TO LATE OF 2017 (3000 UP TO 20000) IN ROUGHLY 3 MONTHS
2020-12-15
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
FACEBOOK SHARES ARE STILL ONGOING IN SIDEWAYS CONSOLIDATION AS MINUTE WAVE FOUR WHICH IS LIKELY COMPLETED AT $267 TO START THE FINAL CLIMAX OF RUN THAT COULD HIT $315
CLOSING BELOW 264 MEANS THAT THE TRIANGLE IS STILL UNFOLDING,SPECIFICALLY IN C LEG
2020-12-14
AMAZON
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AMAZON HAS COMPLETED SIDEWAYS CONSOLIDATION AT LOW OF $3073,WE CONTINUE TO LOOK HIGHER TO COMPLETE THE FIVE WAVES UP SEQUNCE,AND CLOSING ABOVE $3400 WILL SET THE STAGE FOR FURTHER UPSIDE IN WAVE 5 TO RESUMING THE UPTREND AND MAY HIT $3550 OR EVEN MORE
2020-12-12
GBP vs USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
PRIMARILY STERLING SINCE HAS BEEN BOUNCING FROM MARCH LOW, RISEN IN FIVE WAVES UP SEQUANCE,FIFTH WAVE IS STILL UNFOLDING AS POSSIBALE EXPANDING DIAGONAL,ALSO THE THIRD WAVE IS UNUSUAL AND NOT EXTENDED, SO WE ‘RE FORCASTING THE FIFTH WAVE COULD HIT 1.39--1.40 AREA
ALTERNATIVELY, SINCE MARCH LOW THE REBOUND HAS A CORRECTIVE NATURE,THIS WAVE IS UNCOMPLTED DOUBLE ZIGZAG YET. W-X-Y
2020-12-11
EUR vs USD
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
EURO WAS UP ON FRIDAY MORNING AS DOLLAR WAS DOWN AMID GROWING HOPES OF A COVID-19 RECOVERY AND VACCINE NEWS,ALSO EURO SEEMS TO HAS SHOWN A MODEST REACTION WITH THE EUROPEAN CENTRAL BANK TRYING TO CONSOLIDATE SIDEWAYS THEN SHIFT UP A GEAR IN THE NEXT UPSIDE TARGET,WHICH COULD HIT 1.2265-1.2295 RANGE
THE COMPLETION POINT OF CRAB SELL PATTERN BOOSTS THIS TARGET OF MINUTTE THIRD WAVE(GREEN COLOR) OR EVEN MORE
2020-12-10
PALANTIR TECHNOLOGYIES STOCK
IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
PALATIR TECHNOLOGIES PROVIDES DATA ANALYTICSS SOFTWARE AND SERVICES TO GOVERMENT AND LARGE COMPANIES,MADE ITS TRADING DEBUT ON 29 SEP
SINCE THEN, PLTR RCAKED UP IN IMPULSIVE MODE,MORE LIKELY MINUTTE WAVE FOUR WILL BE CHOPPY,AND MORE FALTTER, PROBABLY A TRIANGLE
THIS WAVE COULD COMPLETE AT $24-$25 RANGE,AND THE FIFTH WAVE MAY HIT $34-$35 AREA
2020-12-09
RIPPLE
PLETED TWO SEGMENTS OF THAT ADVANCE,ANDHAS COMMENCED IN THIRD WAVE ,SPECIFICALLY,RIPPLE IN THIRD OF THE THIRD WHICH THE STRONGEST WAVE EVER,AND PULLEDBACK TO MOST LIKELY CONSOLIDATING SIDEWAYS TO COMPLETES A TRIANGLE
WE‘RE STI;; TAKE LONG TIME TO FINSH WAVE (3) WE‘RE STILL IN SMALLER DEGREE AND YET WE HAVE FAR FROM INTERMEDIATE DEGREE,ALSO FAR FROM ALL TIME HIGH THAT RIPPLE NEEDS TO CROSS OVER THERE TO CONFIRM THIS COUNT
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