Michael_Wang_Official

Michael_Wang_Official

If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. In this post, I will be providing an in-depth analysis on Lulu Lemon Atheletica Inc. (LULU), by going over its business model, financials, and technicals as well. What is...

Michael_Wang_Official

If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. In this post, I will be providing a thorough explanation on the concept of Beta, and why it's important to consider the Beta value when investing in stocks. Definition Beta...

Michael_Wang_Official Updated 

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be providing an in-depth analysis on Nikola Corporation (NKLA), also recently known as the Tesla (TSLA) killer. I'll provide an overall understanding of what Hydrogen vehicles are, what...

Michael_Wang_Official

If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be analyzing Bitcoin's daily chart, and providing an explanation on pullbacks. Pullbacks Explained - A pullback is a temporary reversal in the price...

Michael_Wang_Official

If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight. What is Peloton Interactive (PTON)? - Peloton is a home fitness company that offers fitness products such as an indoor cycle, and a treadmill, as well as live workout...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Analysis - To begin with, we can start by looking at the technicals on Gold's weekly chart - The first thing we can spot is the "U" shaped recovery trend that has been valid since 2011 - Ever since Gold...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this post, i'll be focusing on the psychology aspect of trading and investing that most people overlook. Contrary to common belief, in my personal opinion, understanding a trader and investor's own psychology...

Michael_Wang_Official Updated 

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Google (GOOGL), Amazon (AMZN), and Microsoft (MSFT) all have one thing in common: they are tech giants in the field of cloud services In this analysis, I’ll be analyzing the fundamentals of Snowflake (SNOW), a...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I will take an extremely technical approach to Bitcoin's weekly chart, assessing it using Elliott Waves. Analysis - To begin with, we can count an Elliott Triple Combo Wave (WXYXZ), on a...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Analysis - In my previous Bitcoin analysis, I've mentioned the importance of securing the 10.5k support - As we play by levels, today's break and close above the regional resistance provides a bullish signal...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Analysis - To begin with, we can look at the Nasdaq Index's monthly chart on the logarithmic scale - The logarithmic scale provides a broader overview of the general trend, as well as clearer percentage changes...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. Analysis - Bitcoin has dropped a whopping 18% from local high regions - Below the 0.236 Fibonacci retracement resistance, it is currently distributing once again - 10.5k was important support for bulls to...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be analyzing Waves' technicals in order to assess its bullish probabilities. Analysis - To begin with, Waves is currently consolidating within a descending channel - While creating lower...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I'll be explaining the speculative nature of the alt-coin market, exemplified by the defi hype. Analysis - It's extremely difficult, almost impossible to apply technical analysis to the newly...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this analysis, I will be explaining my on views on the high-end burger brand, Shake Shack (SHAK). I'll be exploring the technicals and financials of the stock, as well as the overall business model of the...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. In this post, I will be explaining the concept of the Risk/Reward Ratio, also known as the RRR, and the significance of this idea when it comes to trading. I will also be explaining how this can be applied to...

Michael_Wang_Official

If you like this analysis, please make sure to like the post! I would also appreciate it if you could leave a comment below with some original insight. To start off with the conclusion, Bitcoin is bullish long term. Analysis - Bitcoin has broken out of a descending trend line resistance - This resistance has lasted for over 2 years, and has been tested 3...