$MSFT is not going to be left behind when the other Mega Caps move higher, $MSFT got a clear break out above its 1 Fib this week at $456 and there is a route now to the next Fib at $496, meaning th...
2024-07-07 14:28:51 +0000 UTC
View Post
We have been watching this closely for awhile now and last week we highlighted that a move was likely to come as the 50 Day MA approaches the 0.78 support line.
$INTC moved with $AMD and broke a...
2024-07-07 14:20:53 +0000 UTC
View Post
This is a chart we have used in the past for $PLTR to look at its set up without Elliott Wave Theory, we do this to see if we have overseen anything and I think it is clear that they have both alig...
2024-07-06 18:49:33 +0000 UTC
View Post
$GOOG has managed to breakout above its channel which we spoke about last week, so this is looking very bullish here.
A retest of the $190 breakout level and holding here, then there could be...
2024-07-06 18:44:49 +0000 UTC
View Post
$DIS has still not shown signs of reversing this week and the price remains below the 200 Day MA but above the 0.618 Fib and the red channel line.
So I am expecting a test of this confluence ...
2024-07-06 17:04:00 +0000 UTC
View Post
$COST has fallen into the category of safe positions and continues to move with the Mega Caps and went back above its 2.618 Fib level again this week, the price action was not able to hold above th...
2024-07-06 16:59:30 +0000 UTC
View Post
In my last $BTC update I said I would add the longer term view of Bitcoin, so this is $BITCOIN covered until 2027.
As I mentioned before, the $125k level is possible, as its the 1.618 Fib but...
2024-07-06 15:49:09 +0000 UTC
View Post
2024-07-06 15:43:11 +0000 UTC
View Post
I have a position in $BABA and I am currently down -3%, not particularly happy about it but buying in a consolidating range that has been in place since December is something I am comfortable with....
2024-07-06 15:29:40 +0000 UTC
View Post
$AMZNs price is sitting in the middle of the two Fibs now exactly at $200, if we get the opportunity and there is a pull back to the $190 level as we lead into CPI figures next week, and there is a...
2024-07-06 15:19:50 +0000 UTC
View Post
$AMD was a big mover this week and we were all over it.
In hindsight, the move was clear too,
I have added here a week ago as we got a break out above the 50 Day MA and a continuation at the start of the week, as the week ended we could see a small pull back and what we want to see here is ...
2024-07-06 15:08:06 +0000 UTC
View Post
The Mega Caps enjoyed some post 4th of July celebrations on Friday after Crypto showed some weakness and we could see some rotation into more secure holdings, with commodities benefiting from this ...
2024-07-06 15:02:57 +0000 UTC
View Post
Solana is following Bitcoin very well here, also lost its 200 Day MA and continues to trend downwards.
It has hit support at $119, which is where support was found 4 times now since April, al...
2024-07-05 18:02:40 +0000 UTC
View Post
Considering how difficult it has been for crypto over the last few days, $COIN has recovered very well today from a large flush down at the open.
That being said, if the crypto selling pressu...
2024-07-05 17:50:38 +0000 UTC
View Post
We alerted that a potential breakout was possible here only 3 days ago and that is what has happened here today.
Price broke above the 50 Day MA and the bullish wedge line and so far the pric...
2024-07-05 17:46:06 +0000 UTC
View Post
$AMD found support on the 0.618 Fib at $143 on the 19th of April, so it is almost 2 and a half months since we have got early signs of confirmation that the reversal is on here and we are getting o...
2024-07-05 17:40:34 +0000 UTC
View Post
Continues to move very well here and is looking set to finish the week above its 200 Day MA at $192, this sets $ZS up nicely going into next week and earnings season, as the market is likely factor...
2024-07-05 14:04:08 +0000 UTC
View Post
$DAL is struggling to hold onto its 0.38 Fib at $47 and the next Fib level down is the 0.5 Fib at $45, this price action is leading into their earnings report date on the 11th of July, Thursday nex...
2024-07-05 14:01:09 +0000 UTC
View Post
$TLT has had a tough few days this week and pulled back quite aggressive earlier in the week and lost the 50 and 200 Day MA, we watched this closely and have been waiting for a reaction and so far ...
2024-07-05 13:58:03 +0000 UTC
View Post
Not the continuation we were expecting, after the CFO unexpectedly stepped down today and the market is using this as an opportunity to flush down.
A CFO stepping down is not necessarily a vo...
2024-07-05 13:54:08 +0000 UTC
View Post
I think a number of members are keen to jump back in here or add to their positions, the $50 level at the 0.5 Fib has not been tested yet but it has come very close at $52.
Since then, the pr...
2024-07-05 07:47:48 +0000 UTC
View Post
$HIMS continues to hold support above the 0.5 Fib for Wave 4 and the price action is also above its 0.38 Fib at $20.17 too.
Price pulled back on Weds but we could seeing subwave 2 pull back o...
2024-07-05 07:42:38 +0000 UTC
View Post
Price action is just sitting on the 0.5 Fib now, between the 50 and 200 Day MA's and is still trending higher but more price action is needed to see a higher high and a higher low.
Getting ba...
2024-07-05 07:38:07 +0000 UTC
View Post
SILVER has been doing a good job holding above the $30 level, which is the blue support line on our chart and the 0.38 Fib which has been recaptured.
We are still waiting for a higher high wh...
2024-07-05 07:33:22 +0000 UTC
View Post
OK all of the cryptos are being dragged into this sell off and $ETH is not going to be exempt from this, a lower low has not been made yet below the 0.5 Fib at $2803 but I suspect it is possible. T...
2024-07-05 07:29:40 +0000 UTC
View Post
Well this aggressive sell off has been fast but nobody in this group is surprised.
This is what we have been waiting for and this is what we are getting and no changes to this chart.....I...
2024-07-05 07:20:34 +0000 UTC
View Post
This is the stock that $ARK has been buying all the way down this wedge, I am not sure what their average is but it is certainly higher than the price right now and they have been catching a fallin...
2024-07-03 17:07:34 +0000 UTC
View Post
$NIO may not be the only Chinese EV company that is showing signs of finding support.
$XPEV texted its $6.22 blue line twice, once in November '22 and again in April '24.
Both times the...
2024-07-03 16:49:13 +0000 UTC
View Post
With the perfect pullback to the 0.618 Fib and the wedge breakout level retest at $63 and now bouncing.
Even the pull back in March to the 200 Day MA and 50 Day MA was perfect and in between ...
2024-07-03 16:32:52 +0000 UTC
View Post