Trying to hear what's not being said
August 9, 2024 Leave a comment
If readers only remember one thing that I repeatedly write about, is that parabolic price moves have a greater propensity of mean reverting quicker than ‘others’.
Here is the stock price of ‘energy’ drinks company, Celsius.
August 9, 2024
December 4, 2023 Leave a comment
The fat part of the trade in SAP shares has been seen.
My probabilities and the risk/reward ratio suggest so.
Although the stock price is making new higher high’s, a trifecta of weekly ‘extremes’ combined with the stock price completing a 7 week winning streak, it’s time to take the money and run.
8 consecutively rising weeks are rarely seen.
Furthermore, its valuations make it challenging to add to the position, let alone continue holding it.
I’ll wait for EUR 92.50 before being interested again.
This is much like my similar thoughts about Microsoft’s stock price as I wrote 2 weeks ago.
December 4, 2023
by Rob Zdravevski
rob@karriasset.com.au
November 28, 2023 Leave a comment
While not registering overbought signals, the SENSEX Index in India is currently trading at a higher level within its range, prompting the need for a thorough examination of the probabilities involved of further advance.
November 28, 2023
by Rob Zdravevski
rob@karriasset.com.au
November 21, 2023 Leave a comment
When the price of Microsoft (MSFT:US) shares are trading at a certain percentage above their 200 week moving average, whilst also registering a weekly overbought reading along with being 2.5 standard deviations above its rolling weekly mean.
November 21, 2023
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 