HOW LOW DO WE GO???????- MARCH 2, 2020

HOW LOW DO WE GO???????- MARCH 2, 2020

  Wall Street expects that the Corona virus is going to impact the SPX earnings significantly and thus the Price Targets have been lowered. Markets have sold off massively due to a sudden realization by the 'big money' that the earnings will...

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Is The Correction Over?

ARE YOU FEELING SCARED? If you are, that's ok. It's just normal reaction. Let's try to understand the reasons for this correction. This correction was due already for a number of technical reasons. For example, look at the divergence in Price...

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Should I Buy Tesla Stock?

Should I Buy Tesla Stock?

Wow!!! What a run Tesla had since it broke out on October 25, 2019. If you didn't buy it then, obviously you feel like kicking yourself. Don't worry. Because, you will have another chance or it is already on the horizon.  On pure TECHNICAL...

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Are We Hitting The Top? TIK TOK?

Are We Hitting The Top? TIK TOK?

     RSI is constantly hitting new highs on major indexes such as S&P 500, NASDAQ RSI for S&P 500 just touched 79. Expect trouble soon if and when it reaches 80+ levels. VIX: Volatility Index reached as high as 16 on January 24....

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ABIOMED (ABMD) SELL-OFF: LESSONS LEARNT?

ABIOMED (ABMD) SELL-OFF: LESSONS LEARNT?

Abiomed (Ticker: ABMD) peaked around June 2018 and retested the highs again in September 2018. Watch the divergence between the money flow and the stock price as it tested its old highs. It was clearly a sign that the stock has peaked. ...

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