Optiveren

Optiveren

Is a sell off for equities about to happen...? A sell signal for world equities has just been given. See attached chart for the MSCI World index; rising support is broken, divergences with RSI and stochastic. MACD negative, DMI cross.

Optiveren

Nasdaq 100 looks very weak; and I think a top is forming. A couple of days ago the rising support is broken (although I question this supportline since it's been form by just 2 points). Technical indicators support the idea of a top forming; RSI divergence, MACD sell signal, and DMI signals beginning of down trend (ADX bottoming, DI- > DI+)).

Optiveren

Yesterday, 27 January 2021, after market, Tesla reported. The reaction to the report gave the final sell signal; the sign that the bubble is about to burst. If we look at the chart since 2018 we see a sideways movement up until the beginning of 2020. Since 2020 Tesla is moving in a steep uptrend. Since the beginning of 2020 the price has roughly ten folded. In my...

Optiveren

Just entered a short position in EURONEXT:PRX . Entry @ 87,75 Stop @ 91,20 (-3,9%) Target @ 75,20 (+14,3%) There's long term divergence MACD (sell signal given) and RSI (sell signal given). DMI confirms with a DI - > DI + and ADX rising; confirming downtrend. At the moment there's some gap filing going on, it's just waiting for the red rising support line to be...

Optiveren

While everybody is very excited about the performance of NASDAQ:FCEL , have a look at the chart of NASDAQ:BLDP ; triangle break out (uptrend continuation), target is about 35 (+45%)

Optiveren

Break out continuation within uptrend.