$DG is surviving nicely through its post earnings volatility and moving comfortably now....the 200 MA on the 1hr chart is at the 0.5 Fib now at $148, so I am watching this as a potential test of su...
2024-03-25 16:58:57 +0000 UTC
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Wedge breakout here and it looks very clean.
I have added the First and Second Targets now, with the second target making a new high.....I expect an ABC correction after the second target is ...
2024-03-25 16:26:45 +0000 UTC
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Take this with a pinch of sale because they only IPO'd last week but two wedges formed here, if the price goes any way like the previous wedge breakout then there should be a move to the upside nex...
2024-03-25 16:11:29 +0000 UTC
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This is also why I am bullish on $OXY....US OIL has not comfortably broke above its 200 Day MA and is moving in a perfect arc in this Cup formation.
It also mimics out $OCY chart too.
5...
2024-03-25 14:32:00 +0000 UTC
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$MU reported earnings and EPS surprised by a 266% jump and the market has turned even more bullish on this.
$137 is the Wave 5 target here and this is the 3.618 Fib, which is very extended bu...
2024-03-25 14:03:51 +0000 UTC
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Silver continues to hold above the wedge breakout level and I am happy with its movement now and that we got a retest of the wedge breakout level too....what we need to see next is a break above th...
2024-03-25 13:44:58 +0000 UTC
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Very nice further bounce on the trend line breakout level today so far, what bulls want to see next is a higher high, so a break above $21 and Wave 5 is confirmed for me.
There is certainly a...
2024-03-25 13:39:14 +0000 UTC
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$ETH holding above the 200 MA on the 1hr chart, this has been a resistance trend since the 11th of March.
So I am happy to see this flipped so far, we want to see $ETH hold above the 200 MA n...
2024-03-25 13:35:16 +0000 UTC
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$OXY is on my watchlist this week, I have been waiting some time for this breakout and with a retest of the $63 level and a hold above and I will buy. I believe it is a strong non-correlated stock ...
2024-03-25 13:28:57 +0000 UTC
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I am still not seeing any massive outflows from the market so far and in spite of the damaging weakness from $AAPL and $TSLA on this market, the market is staying resilient, so this must be a rotat...
2024-03-24 18:41:09 +0000 UTC
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Powell gave the bulls a further lifeline this week and like I have said a number of times today, I believe this only delays the inevitable.
The price remains in this yellow channel, like $AM...
2024-03-24 18:36:11 +0000 UTC
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Quick upload here because I still believe this is in Wave 1 now and this pull back right now is Subwave 4 of Wave 1
Price is managing to hold above the 20 Day MA here and we are going to see ...
2024-03-24 18:18:24 +0000 UTC
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$PYPL is where it needs to be right now to make a strong move to the upside.
It goes without saying that I believe this is undervalued and since breaking out of the red channel and more impor...
2024-03-24 18:16:19 +0000 UTC
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Behaving itself nicely here and moving in a corrective wave as shown after holding on the 0.38 Fib at $22, so we are looking for more of a bounce here to Wave B but want a rejection before making a...
2024-03-24 18:13:16 +0000 UTC
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Tough week for $NKE and in spite of a double beat on earnings, the market did not like the guidance growth and it confirms our concerns which were already showing on the chart.
Price was stru...
2024-03-24 18:09:53 +0000 UTC
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$MSFT is showing why it is king right now.
Money continues to flow in here as investors are seeking places to store capital but lets see how $MSFT handles the retest of the 2.618 Fib at $421 ...
2024-03-24 18:06:31 +0000 UTC
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$INTC like $AMD did very little this week bare hold a crucial support level.....and as support is maintained, confidence will bring the bulls back to start adding again.
$AMD, $INTC and $TSM ...
2024-03-24 18:00:39 +0000 UTC
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$GOOG has bounced incredibly strong since finding support on its 200 Day MA and management have been busy saying all the right words to the market and announcing partnerships.
It was only a f...
2024-03-24 17:55:39 +0000 UTC
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$F continues to look bullish compared to other manufacturers right now and certainly looking a lot stronger than many of the EV players too.
In a bullish channel now, having entered the chann...
2024-03-24 17:49:41 +0000 UTC
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Powell propped up the market this week but for me this changes very little. I believe this only delays the inevitable pull back that is coming.
This chart is the perfect example of how the pr...
2024-03-24 17:46:00 +0000 UTC
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Because $COST went extended for Wave 5 and hit the 3.618 Fib, coupled with a very aggressive Wave 3, I can not see any other scenario then what I have presented here now.
We will see how the ...
2024-03-24 16:58:43 +0000 UTC
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I am not seeing any signs of this pull back being complete for Wave A yet, I am just seeing some signs of testing the 0.236 Fib.
Wave A does align now with a flush down to the 0.38 Fib around...
2024-03-24 16:54:12 +0000 UTC
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Very little to report or add here that we do not already know....there has just been a sideways movement here for the last few weeks/months, in a very tight range between $77 and $71.
$BABA n...
2024-03-24 16:39:50 +0000 UTC
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$AMZN is still fighting to achieve $188 and the bulls are showing their teeth now and although the price action is still staying within the yellow channel, there is still a drift up and the red nec...
2024-03-24 16:34:12 +0000 UTC
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Many were waiting for a bounce this week but instead it stayed flat and held the 0.38 Fib level....most Semi's did not move this week either, $INTC is also stuck at its $42 level too.
I think...
2024-03-24 16:29:14 +0000 UTC
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There is very little in the way of $ABNB moving up to our Wave 3 target at $183, any pull back, which has been short, has been bought up instantly and continues to push higher and making higher hig...
2024-03-24 16:26:06 +0000 UTC
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$AAPL did not need that Anti-trust lawsuit case against them this week, it was already beaten up and this added fuel to their fire.
That being said, the price action still held the 0.38 Fib l...
2024-03-24 16:14:49 +0000 UTC
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I have been looking at this chart a lot and weighing up the options here for $TSLA and this is how I see it going:
With the 50 Day dropping aggressively and a weak sentiment in the sector, th...
2024-03-23 11:59:28 +0000 UTC
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No changes to the chart, price is still doing a good job holding at our yellow support line which has been a strong support/resistance line, so converting this back to a support line is a good sign...
2024-03-23 11:48:24 +0000 UTC
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Solana has gone very extended for Wave 5 for me and has run from $7 to $210 from Jan 2023 to March 2024.....which is an outstanding climb.....especially since the majority of this climb came after ...
2024-03-23 11:33:31 +0000 UTC
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