$SE beat on revenue but reported a surprise loss but the market likes it and it is up +7% now
I would be very surprised if this bounce now was anything more then the last leg of Wave 1 if I a...
2024-05-14 11:07:52 +0000 UTC
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Ok mixed earnings from $BABA
Revenue increased but profits dropped as they aggressively spent to expand their cloud division.
A number of companies within $BABA's framework performed ve...
2024-05-14 11:02:43 +0000 UTC
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Very nice here from $YINN, it is an ETF we have been following and highlighted since $16 and it touched $30 yesterday.
It has been moving flawlessly and glued to HSI's path too.
Price i...
2024-05-14 10:13:16 +0000 UTC
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$MRNA has given us the retest of the $115 blue line which was also the ascending triangle breakout level too and bounced, it was also one of the best performing stocks in the S&P 500 yesterday....
2024-05-14 10:06:44 +0000 UTC
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This is not a meme stock but it has a perfect set up to move higher, very quickly and has good fundamentals.
After reporting a positive bear last week, the price is up over 10% and broke out ...
2024-05-14 09:54:00 +0000 UTC
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$BTC got another bounce on the 0.236 Fib yesterday, likely brought on by the meme euphoria but also this has been a support level since March.
So the price has been hitting support and bounci...
2024-05-14 09:48:31 +0000 UTC
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I am bringing this to your attention again, as they report on Thursday before the market opens.
Price has bounced between the 0.78 Fib and 0.618 Fib for Wave 2 and is back above its 50 and 20...
2024-05-14 09:44:13 +0000 UTC
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$ONON is up +6% in the PM now after raising their 2024 guidance and said they expect 30% growth for the year.
For the last 2 months, this had moved sideways and yesterday the price tested...
2024-05-14 09:36:33 +0000 UTC
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$HOOD has tested its 0.38 Fib level at $16.60 8 times now and has held but we need to see a higher high and higher low next to confirm that it is trending to the upside next, otherwise it is just c...
2024-05-13 22:18:50 +0000 UTC
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Are due to report their earnings on Weds, fundamentally a very strong company but is not performing well on growth, that being said, it continues to hold on the 0.618 Fib at $46.
$CSCO has no...
2024-05-13 20:58:49 +0000 UTC
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Back above the 50 and 200 Day MA after reporting another beat on earnings estimates and jumped 16% today.
We can see that the pull back since March came all the way down to the 0.78 Fib and h...
2024-05-13 20:50:39 +0000 UTC
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$AMC is in the same category as $GME, it is nowhere near a suitable long term investment
But these phases of meme stocks getting pumped and dumped are unlikely going to last over one session<...
2024-05-13 20:46:40 +0000 UTC
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It has been a number of months since we last uploaded this and I had not checked in on the chart until today because it was brought to my attention
We can see that the price action hit our Wa...
2024-05-13 17:54:16 +0000 UTC
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Continues to follow $BTC very well and has also rejected at its 50 Day MA once so far.
$BTC is again holding on its 0.23 Fib for now, whereas $COIN has lost its respective level.
I thin...
2024-05-13 17:42:12 +0000 UTC
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Not seeing many people talk about $FUTU, in spite of how bullish the chart is looking at the moment, along with the other Chinese ADRs, maybe we are being spoilt with choice at the moment with thes...
2024-05-13 17:28:23 +0000 UTC
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Well damn!!!
The theory holds true.
Still a useless stock.
2024-05-13 17:22:59 +0000 UTC
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$DAL got a strong PT raise today from HSBC and added that it is on their recommended Buy list.
Though its been on our recommended list since the $30's
We can see that the price action i...
2024-05-13 17:21:11 +0000 UTC
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$HIMS is bouncing well today with the market but we need to start seeing some follow through now next.
Price is just at the 0.38 Fib now at $12.76, I would like to see this level flipped to s...
2024-05-13 17:16:16 +0000 UTC
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Difference between $BABA and $BIDU right now is that $BABA is in Wave 3 and $BIDU is still between starting Wave 2 and completing Wave 1.
It is not decided yet which one it is in, tho a pull ...
2024-05-13 17:12:45 +0000 UTC
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$BABA and the HSI are moving together and this has moved very strong leading up to earnings.
We can see that there was a retest on the red line and the 200 Day MA and that was used to aggress...
2024-05-13 17:08:49 +0000 UTC
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Is running to the Wave 3 target and we are seeing parabolic moves but saved by being in its Wave 3.
With important earnings this week from China and Chinese policy makers announcing a special...
2024-05-13 09:40:07 +0000 UTC
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I don't like $GME
I don't recommend buying this trash
and it is everything that is wrong with investing, traders are going to pump and dump this and many people will lose money.
...
2024-05-13 09:37:03 +0000 UTC
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Big week for Chinese ADRs this week as many will be reporting earnings: $BABA, $BIDU and $JD being the popular ones.
They will likely move together, starting with $BABA before the market open...
2024-05-13 09:32:22 +0000 UTC
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2024-05-12 19:43:15 +0000 UTC
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I have also added in the extended Wave 5 option on this chart too to keep all options open and to give some clarity on the movement of the market so far.
$SPY is also exactly like the $QQQ ch...
2024-05-12 19:38:12 +0000 UTC
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Like I have done on the $AMZN and $MSFT charts this week, I have added in a potential extended Wave 5 target for $QQQ and $SPY charts, there is no way that I can rule out either option until we get...
2024-05-12 19:29:15 +0000 UTC
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$TSLA has pulled back since its earnings bounce euphoria and is still in search of confirming support
The price finished the week on the 0.5 Fib but we would need to see more price action to ...
2024-05-12 19:14:17 +0000 UTC
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$SHOP is in and $F is out.
It is the first of 3 changes this year and I am really excited to see $SHOP move down to our Wave C level and to be added to our Top 20 list as planned.
I hav...
2024-05-12 19:10:39 +0000 UTC
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I am watching to see how $PYPL behaves moving down to the 0.618 Fib at $61, after we showed this completings 5 waves up.
$PYPL in spite of what looks like set backs, has still be able to log ...
2024-05-12 19:05:11 +0000 UTC
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The 200 Day MA and the 0.618 Fibs are between $19.11 and $20.16, so I have set the buy zone between these levels and this would be considered a strong confluence level.
We have seen that the ...
2024-05-12 19:01:15 +0000 UTC
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