Managed to recapture the 0.38 Fib at $176 after the market sentiment rose after the Fed spoke and we will watch to see if this is Wave A complete now and we get a bounce for Wave B next.
$INT...
2024-03-20 21:10:28 +0000 UTC
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22% Jump today and excellent bounce on the 0.5 Fib.
I chart what I see and treat every chart separately....so in spite of $CLSK, $BTC, $ETH and $COIN being in the same crypto sphere....they c...
2024-03-20 21:06:44 +0000 UTC
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Continues to hold above the 200 MA on the 1hr chart, having tested this level three times now since breaking above it in Mid Feb.
The bounce has not come yet from the HSI but I am expecting i...
2024-03-20 20:56:52 +0000 UTC
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Strong finish to the day for $PYPL and its first hold above $64.20 to close the day since Jan.
Looking at the overall structure, the Wave 2 hold on the 0.618 Fib looks strong here I am going ...
2024-03-20 20:53:17 +0000 UTC
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So far we have got the perfect pull back for Wave 4 and bounce, also near perfect buy alert today before the Fed spoke.
$3111 was the level to wait for and we also got the retest which trigge...
2024-03-20 20:48:32 +0000 UTC
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In a bullish channel here after retesting the 200 MA on the 1hr chart and holding, so the price action is between the 50 and 200 MA on the 1HR chart now.
Also holding above breakout level at ...
2024-03-20 16:22:58 +0000 UTC
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Up over 2.5% on our buy alert yesterday.
We are constantly looking for a retest of support after a breakout and when the price action presents this, we need to be assertive and execute when w...
2024-03-20 16:08:05 +0000 UTC
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$NFLX remains in the megaphone pattern and still drifting up alongside the inside of the top trend line.
Appears to be moving with the market Wave 5 too but not seeing signs of any breakdown ...
2024-03-20 14:21:36 +0000 UTC
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$TSLA has managed to sneak its way back into its wedge here after raising prices in the US and China which the market may feel will help margins....but Elon himself did say that growth would be the...
2024-03-20 14:02:13 +0000 UTC
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Reports earnings after the close tomorrow and the price action is setting itself up for a strong move once the earnings comes in positive with no surprises, we can never guarantee that an earnings ...
2024-03-20 13:51:59 +0000 UTC
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A very strong recovery since that unnecessary drop post earnings and it presented an opportunity we could not ignore, happy to be holding now since $27.88.
I spoke about looking to see if it ...
2024-03-20 13:47:03 +0000 UTC
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We are seeing a common pull back amongst the largest crypto names right now
$ADA is in its corrective phase now and also testing its 0.38 Fib at $0.58c
Both $ETH and $ADA look like a bo...
2024-03-20 00:56:44 +0000 UTC
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I've looked at a list of high dividend stocks but in companies that have a strong and stable fundamentals too:
BTI: 9.3%
Pfizer: 5.1%
Coca-Cola Co: 3.2%
JD.com In...
2024-03-19 17:32:31 +0000 UTC
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$BTI is not a company that I condone but we are here to make money and provide a better life for ourselves and that is our main aim, so we will buy what achieves this goal.
Price is about to ...
2024-03-19 17:18:52 +0000 UTC
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I am really liking the set up on the TLT and TMF charts right now.....with the TMF ETF a 3X leveraged position.
Pulling back perfectly to the 0.618 Fib at $49 in a bullish descending wedge......
2024-03-19 17:04:51 +0000 UTC
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Our savvy member who highlighted this recently again to us has been correct, the bullish set up is there and a very clean breakout from this wedge now and used the 50 Day MA for support at the wedg...
2024-03-19 16:40:39 +0000 UTC
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Continues to knock on the $64.20 door, we know this is an important level to break out from, so I am not too surprised to see resistance but I do not want to see it breaking down from its structure...
2024-03-19 16:31:06 +0000 UTC
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$PGY has just completed a 1/12 stock split which is usually not a good sign for a stocks performance and it has dropped from testing the 200 Day MA at $20 down to $9 since then.
It is also ap...
2024-03-19 16:25:12 +0000 UTC
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$SOFI continues to feel the pressure and struggling to find support, the $6.40 level is the deciding factor here, which was our Wave 2 level, a break below this level and there is certainly weaknes...
2024-03-19 15:44:42 +0000 UTC
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$LI has also been feeling the market pressure but what I like here is that $LI has pulled back in 3 waves during this sector weakness, which is what we want to see for a Subwave 2 pull back....but ...
2024-03-19 14:58:50 +0000 UTC
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$AMD price is right at the 50 Day MA and the 0.38 Fib today, this would be the perfect level for a bounce to go to Wave B now before completing Wave C next.
The maret and the Semi sector is v...
2024-03-19 14:54:49 +0000 UTC
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Likewise, the 50 Day MA is at $11.85, so recapturing this level and the $SQQQ is confirmed to be in a reversal.....so it would make sense to start a position here, once $11.85 is confirmed to be th...
2024-03-19 14:35:07 +0000 UTC
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No changes to the $QQQ chart since the weekend, we have been all over this movement and so far it is nailed.
Price is curving down to the 50 Day MA now at $428, this is a very important level...
2024-03-19 14:32:31 +0000 UTC
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Just a quick update to show that this minor pull back is still testing the levels above and there is no breakdown here, the price remains above the green line and the bullish channel.
This is...
2024-03-19 14:28:40 +0000 UTC
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The most bizarre chart of the year certainly goes to $MSTR.
Extended beyond anything on the market before its aggressive pull back now.
$MSTR is effectively the $BTC chart, its entire c...
2024-03-19 14:25:12 +0000 UTC
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$SMCI is doing an equity sale to free up $2 Billion, which is by far the smartest move the company can make to take advantage of such a strong rise to their share price, it looks like this sale has...
2024-03-19 14:20:10 +0000 UTC
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Big aggressive drop now from $4025 to $3200, so needless to say we are happy that we got out when we did (although slightly early) but the aggressive run, especially going higher than the 1.618 Fib...
2024-03-19 14:12:25 +0000 UTC
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$NIO has not been finding the support at the standard support levels, losing the $5.83 blue line, followed by the 0.618 Fib line is showing us continuous weakness now.
The 0.78 Fib level is n...
2024-03-19 14:05:32 +0000 UTC
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After breaking out of its wedge, Silver is looking to retest the wedge breakout level at $24.60 from above now, we saw on the Gold chart that it was able to break above its $2080 level and retest i...
2024-03-19 14:01:18 +0000 UTC
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$IWM still fascinates me and I will never count a chart with my bias, in spite of the $QQQ and $SPY showing signs of moving to the downside next, the $IWM is not showing this, as it is still in the...
2024-03-19 00:14:24 +0000 UTC
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