Once this important line is broken I will stay out of this stock. Greenfield TQL
Hello, it has been a while since I write. With this stock, I wrote Leg B twice. If you read my previous article, you know that there is a Leg B and Leg C, but in this article, I wrote Leg B twice why because Leg C becomes another Leg B unless there is a change in trend. Thank you for reading! Again, my writing is just an opinion, an idea, and not a...
Greenfield/ XANH Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is...
The stock symbol NOK for Nokia Corporation. A company that provides mobile and fixed network solutions worldwide. Recently the stock hits a low price of around $2.25 the week of March 9, 2020. Since then the stock formed the triple bottom bullish pattern. In addition, the stock retested the $5 level around the week of Jul 26, 2021. Looking at the DM...
Who is waiting here? Short sellers Is this a high-risk trade, moderate risk trade, or low-risk trade? High-Risk Trade What type of gap is this? An exhaustion gap Thank you for reading! Greenfield Starting April 19, for early access and explanation to my chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to...
Beware of this price level! Why? This is the intersection. The decision price for bulls and bears. What is this green line? This is an additional leg C. What is the name of this cross? This is a golden cross. Thank you for reading! Greenfield Starting April 19, for early access and explanation to my chart price interpretation for...
A. What chart pattern is this? Inverted Head & Shoulder B. What chart pattern is this? Double Bottom C. Bullish or Bearish? Bullish > Bearish. Possible Pullback. Possible Stop at $58386.58 Thank you for reading! Greenfield Starting April 19, for early access to my weekly chart price interpretation for cryptocurrency, gold , and a random stock,...
A. Watch out, who is waiting here? Short sellers are waiting to short right here. B. This blue line indicates what price movement? If short sellers win, this may be the next price move. C. What is this pattern? Double bottom in a downtrend trendline. Thank you for reading! Greenfield Starting April 19, for early access and explanation to...
A. What type of trade is this? Short Squeeze & Profit Taking B. What type of traders are waiting here? Short sellers waiting for an opportunity to short. Long traders waiting to see if short sellers will surrender here. C. What type of gap is this? Bullish Breakaway Gap Thank you for reading! Greenfield Starting April 19, for early access and...
1. What leg of Elliott Wave is this? Double Bottom in Leg B 2. What is that purple line? Major Resistance 3. What price is a good stop? $33.74 Thank you for reading! Greenfield Starting April 19, for early access to my weekly chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my...
1. What leg of Elliott Wave is this? Leg B 2. What chart pattern is this? Double Bottom in Leg B 3. Is this bearish or bullish? Bearish > Bullish Thank you for reading! Greenfield Starting April 19, for early access to my weekly chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my YouTube. ...
Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of...
A price guess has 33% to be correct because the price has only three directions. The price of a security may trade higher, may trade in a narrow range, or trade lower. Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your...
I am curious if the price falls more... What will happen to Bollinger Band if the price falls more? What is this orange line? What will happen to Macd if the price falls more? Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You...
Still Trading in Leg B of Elliott Wave; Still bearish; But, Will the uptrend resume, or is this a temporary bounce? Related charts: Attached is the chart interpreted on March 8, 2021: Attached is the chart on March 9, 2021: Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not...
Thank you for reading! Greenfield Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an...
Elliott Wave Theory What is the Elliott Wave Theory? The Elliott Wave Theory came from Mr. Ralph Nelson Elliott in the 1930s. The Elliott Wave Theory said that there are five waves in the main trend with three waves in a correction. The smaller patterns together form the bigger pattern. Pattern Identification Wave 1, 2, 3, 4, and 5 run in the direction of...
The Golden Cross Against The Death Cross What is a simple moving average? A simple moving average of the price is a mathematical method by taking the sum of the price in the timeframe you decided to use and then divide that by the total number of the price you decided to use. An exponential moving average of price places more weight on recent price. What...