To The Moon

As practitioner of technical analysis, traders and investors employ various tools to analyze price trends and make informed decisions. One such tool is the Guppy Multiple Moving Average (GMMA) indicator. It was developed by Daryl Guppy, an Australian trader and author, the GMMA indicator is designed to identify the strength and direction of trends in financial markets. I shall try to explain and provide an in-depth understanding of GMMA and how it can be utilized in trading strategies. I will use one stock to illustrate how GMMA indicator shall look like in a chart. What is GMMA? The Guppy Multiple Moving Average indicator consists of two sets of moving averages that collectively offer a comprehensive view of market sentiment. The first set is known as the short-term group, which typi

On June 21st, the trading volume of $NASDAQ(.IXIC)$ was second only to the quadruple witching day a week ago. The recent surge in technology stocks has attracted more capital, but many investors have also started to take profits. The pullback of major tech companies is currently the focus of investors. In addition to companies in the AI sector like $Microsoft(MSFT)$ $NVIDIA Corp(NVDA)$ $Meta Platforms, Inc.(META)$ , what is even more eye-catching is $Tesla Motors(TSLA)$ . Due to the continuous stream of positive news and the consecutive double-digit percentage increases in its