$BTC rejected cleanly at the 20 Day MA on Monday and has made an abrupt pull back today and is inching closer to the 200 Day MA which is sitting on the last green Fib level at $58.3k now.
We ...
2024-07-03 16:29:59 +0000 UTC
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$ONON has failed to find support on the 0.38 Fib at $37, so there is no buy alert here yet until support is found
The 50 Day MA is lost now too.
Next test is the 0.5 Fib at $35, which i...
2024-07-03 16:24:57 +0000 UTC
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$NKE is still struggling to find support and I suspect a further move down to at least $73.37 is next to test the final Fib level at 0.887.
Failure to hold this level and the next test is at ...
2024-07-03 16:21:14 +0000 UTC
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Back to back strong days here, good monthly numbers, followed by a bounce in the HSI has been a good combination for $NIO and up over 20% in a few days.
Right now we have a break out of the c...
2024-07-03 16:17:30 +0000 UTC
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$ORCL has broken out of its long yellow channel and has now retested the breakout line, held and now bounced and looks like it can continue moving higher to our Wave 3 target at the 1.618 Fib at $1...
2024-07-03 11:38:34 +0000 UTC
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We won't be doing any lap of honour just yet but encouraged by the early signs, like on the $YINN chart, we want the 50 Day MA to convert to support, then we can exhale slightly.
It is hard t...
2024-07-03 11:31:57 +0000 UTC
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This would be quite the show if $YINN has now held its 200 Day MA and maintained Wave 4 and now moving higher for Wave 5.
For me, the price needs to get back above the 0.618 Fib at $24, which...
2024-07-03 11:28:37 +0000 UTC
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$TSLA has raised its head above its trend line in the PM now while being up +2.5%, this is a good sign but we know that this trend line has been relentless and it is not enough to confirm that the ...
2024-07-03 11:26:03 +0000 UTC
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Very nice bounce on the green line at $67 yesterday and recovered immediately and now already back up to $71.50 in the PM, erasing considerable losses over the last 2 days.
Wave 3 remains at ...
2024-07-03 11:19:49 +0000 UTC
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It has been reported this week that $BIDUs Ernie (its rival to Chat GPT) has over 300 million users now, if ChatGpt reported this user base when it started, this would be front page news.
$BI...
2024-07-03 11:17:09 +0000 UTC
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$ETH and $BTC are having a difficult start to the day while the PM for stocks is a sea of green and commodities are also performing well.
There is talk now that the $ETH ETF could be a...
2024-07-03 11:12:23 +0000 UTC
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Silver has gained now for the 6 consecutive day and is now back above its 50 Day MA and more importantly its $30 level, it has not broken out of this bullish channel yet or converted the $30 line t...
2024-07-03 11:08:43 +0000 UTC
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Don't shoot the messenger, I am just charting the set up and although the $SPY and $QQQ are into ATH's and going high in Wave 5, $IWM has lagged but still looks like if it can break above the $210 ...
2024-07-02 20:36:36 +0000 UTC
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$SHOP performed well today but this is after a weak day yesterday.
On the chart, we can see that a lower low and lower high are in now, so a pull back to the 0.5 Fib at $62 can still not be r...
2024-07-02 20:28:52 +0000 UTC
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$AMZN made a higher high today and another ATH. It finished exactly at $200.00.
This is not a support/resistance line, it is simply a psychological level that is even and the market in its si...
2024-07-02 20:25:22 +0000 UTC
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Strong response from $AMD today after yesterdays retest of the 0.618 Fib and the bottom of the wedge trend line. Price has bounced back up to the blue line and the top of the wedge now to end the d...
2024-07-02 20:20:33 +0000 UTC
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The IPO's over the last 12 months are certainly enjoying themselves out there and $CART continues to catch my eyes because of this bullish set up.
The bull flag is still forming and there has...
2024-07-02 16:00:38 +0000 UTC
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$IQ is right in the apex now of this wedge, the wedge it has been in since October '22, the pull back has been harsh and worked its way down the Fib support levels and is now sitting between the 0....
2024-07-02 15:51:39 +0000 UTC
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Good looking chart here and pay particular attention to how Wave 2 held perfectly at the 0.618 Fib, a hallmark hold on Wave 2, so we can assume we are in Wave 3 now after making a higher high and t...
2024-07-02 15:35:46 +0000 UTC
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$PLTR: 30% jump now since the Buy Zone and +10% jump since the wedge breakout level was retested.
Very nice show of strength here from $PLTR....Dan Ives, Cathie Wood and BofA have all thrown ...
2024-07-02 15:23:56 +0000 UTC
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$NIO positive day yesterday for $NIO and staying green today but held short of breaking above the 0.618 Fib today.
In a channel now and we need to see some continuation higher, a break above...
2024-07-02 15:18:51 +0000 UTC
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While all the eyes are on $TSLA, $ABNB is making its move under the radar.
Price retested the 50 Day MA today and has so far bounced and this is the first positive test to confirm that this i...
2024-07-02 15:02:34 +0000 UTC
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Ok I need to be very clear here because $TSLA is one of those stocks that people are extremely sensitive about....like $NIO and $SOFI. $TSLA is blunt and sometimes unforgiving and although there wa...
2024-07-02 14:58:34 +0000 UTC
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$SQ remains in the category of companies that are desperately holding onto support but has not got the break yet to move to the upside.
$SQ is now below its 50 and 200 Day MA and we can see t...
2024-07-02 11:22:53 +0000 UTC
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US Oil has made a strong move this month moving from $72 to $84 and during the time, Buffett has ramped up his buying in $OXY and he clearly sees something bullish, considering this is only 1 of a ...
2024-07-02 11:16:38 +0000 UTC
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$DELL has been heavily connected with $NVDA and the Semi/AI sector but I don't see this set up right now being particularly strong.
Wave 5 rejected quite heavily, pulling back to the 0.38 Fib...
2024-07-02 11:06:47 +0000 UTC
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Another slightly green but mainly flat day for the HSI, we are seeing a regular theme here where the HSI opens strong to start the session and then starts to fade throughout the day.
Bulls a...
2024-07-02 11:00:25 +0000 UTC
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I believe X is at a pivotal moment right now and is now testing its breakout channel, which it was in since 2009, effectively since the '08 crash.
Price broke out after getting acquired by th...
2024-07-01 20:15:47 +0000 UTC
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$KWEB is now testing its 200 Day MA which is just at its 0.5 Fib too and blue support line, making this $27 level an an important confluence level.
HSI has been flat for the last few sessions...
2024-07-01 20:05:16 +0000 UTC
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Very nice from $HIMS today, bouncing very well on the 0.38 Fib and up considerably on our buy from last week now.
I am seeing the characteristics of Subwave 4 complete now but getting back ab...
2024-07-01 15:25:09 +0000 UTC
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