AI Tech Stocks Buying Levels, Expensive / Cheap (EC) Indicator and Buy % Ratings Explained
Companies / Stock Market Valuations May 22, 2021 - 10:41 AM GMTThe stock market is now moving into my forecast time window for a correction to begin of approx 10% decline as illustrated by my trend forecast graph.
Firstly What are Buying Levels?
Buying levels are high probability technical levels that a stock 'could' trade down to during a correction i.e. an achievable technical chart level that could be used to for instance to put in buy limit orders at just above the buying level if one is eager to accumulate more stock into any particular company as an example last September the Buying Level for Google (Alphabet) was $1395, so a limit order at $1395 or higher would be the objective depending on how eager one is to gain exposure to Google i.e. If I really wanted to buy more Google at the time then the limit order would be OVER $1400 as stocks tend to find support at round numbers, whilst if I was less inclined to buy Google then the Buying level would be at $1395, lower than that and there is a decreasing probability that a buy will be triggered.
This video is an excerpt form my latest in-depth analysis that concludes in buying levels for AI tech stocks. AI Stock Buying Levels, Ratings, Valuations and Trend Analysis into Market Correction that was first been made available to Patrons who support my work.
Contents:
- TESLA
- Cathy Wood ARK Funds CRASH!
- India Apocalypse Heralds Catastrophe for Pakistan and Bangladesh
- Covid-19 in Italy in August 2019!
- Stock Market Early Summer Correction Trend Forecast
- Stocks Expensive or Cheap Indicator (EC)
- AI Stock Buy % Rating Review
- 1. GOOGLE - $2398
- 2. AMAZON - $3312
- 3. MICROSOFT - $252.5
- 4. APPLE - $130
- 5. FACEBOOK - $320
- 6. NVIDIA - $592.5
- 7. AMD - $78.8
- 11. IBM - $145.5
- 12. INTEL - $57.7
- AI Stocks Buying Levels Update May 2021
- So what am I going to do
- GPU Mining FREE MONEY!
- CHIA Crypto Farming with Your Hard Drives Insanity!
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Your analyst locked an loaded for the next AI stocks discount sale that should soon start to materialise as per my forecast of 9th Feb..
Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
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