Earnings after the close today, sharp rejection at the 200 Day MA in the wedge previously but has held at the important Fib levels leading into the earnings release, Wave 3 and Wave X are still in ...
2023-05-10 18:23:00 +0000 UTC
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Unfortunately this bounce has not been very well structured and moving in a corrective wave manner, likely seeing Wave B in red playing out here, before coming down lower to the Wave C point in red...
2023-05-10 18:12:44 +0000 UTC
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Getting deep into the buy zone now, RSI on the 1hr chart is at 10 now and the MACD has almost dropped out of the screen....so these strong indications that it is oversold. The daily RSI is just at ...
2023-05-10 17:08:21 +0000 UTC
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Very little to report here, inflation came in lower than expected but there was considerable lack of fanfare before this announcement as the attention moves away from inflation and the focus will b...
2023-05-10 16:56:31 +0000 UTC
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$AMD has bounced and has not looked back since, just at the 1.618 Fib level now so holders will want to see this be more structured and pull back shortly, where the pull back completes and we are w...
2023-05-10 16:52:36 +0000 UTC
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Another good day for $ZM and looking strong, no parabolic moves so I am happy about this, the 200 Day MA will likely be a point where we see the first pull back and holding above the blue lines nex...
2023-05-10 16:49:30 +0000 UTC
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Alerted yesterday of the potential of $AMZN breaking above the red trendline which has been in place for over 18 months now. It has just raised its head above the trend line now, so it is absolutel...
2023-05-10 16:36:21 +0000 UTC
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Definitely sideways movement here with $BABA and holding above the previous low, we need more of this and a show of strength, I am in no rush here watching this. The RSI is showing a move off the l...
2023-05-10 16:31:03 +0000 UTC
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$NIO continues to do as we expect and when a chart moves like this, we'll stay happy.
Still struggling to gain any momentum above the 0.38 Fib, it has bounced to the level we expected but we ...
2023-05-10 16:25:17 +0000 UTC
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Disappointing earnings, I am waiting to see how the analysts react in terms of new price targets but for now, the levels I am watching, in order to keep the green impulse wave live is the 0.78 Fib ...
2023-05-10 12:45:12 +0000 UTC
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Amazingly, the PM is showing a pull back to our blue line right now, with our Wave 2 Target just below at $106.
I will see how the price action is looking today but the structure is still goo...
2023-05-10 12:31:40 +0000 UTC
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Ok this has got a lot of attention today, earnings was good, good growth, slightly profitable but progressing in the right direction.....the back to back profit report, although minute, has gone do...
2023-05-09 19:06:28 +0000 UTC
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Very nice bounce here, a little too aggressive before earnings but we have seen stranger things before earnings, I want to see structure here and not see this run away without pulling back.....othe...
2023-05-09 18:50:22 +0000 UTC
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$NET has bounced really well off our blue support line but there is no changes to my count, I can see 4 subwaves in this Wave C right now, so it is possible that there is still one more leg down......
2023-05-09 18:43:52 +0000 UTC
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$GRAB continues to consolidate here, earnings will be released on Thursday the 18th, in order for this to turn bullish for me, I would need to see a breakout of the yellow trends lines above and I ...
2023-05-09 18:40:04 +0000 UTC
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Still sitting here watching $NVDA working its way up and down through the bear channel. Large spread now between the 50 and 200 Day MA here, showing just how much this has moved lately and looking ...
2023-05-09 18:32:41 +0000 UTC
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I am watching how this develops, the right shoulder may be complete but I need to see more movement towards reversing to complete the right side of the shoulder. The main thing we want to see here ...
2023-05-09 18:22:06 +0000 UTC
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$ZM out here showing everyone how good the buy zone is, looking very nice since breaking out of the bull channel and where we had Wave B set, still more to do here but performing well and holding s...
2023-05-09 17:18:30 +0000 UTC
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Continuing to struggle at the 0.5 Fib and where we have set the Subwave 4 target, the 50 Day MA is just below and at the yellow line which was a previous support line....if it loses this line, we a...
2023-05-09 17:15:34 +0000 UTC
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$NIO has been operating like clockwork lately, moved down today to hit the Subwave B exactly at the 50 Day MA on the 1hr, precisely as we had shown on yesterday chart and now it looks like it is mo...
2023-05-09 17:12:13 +0000 UTC
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The 200 Day MA is still in control here on the daily chart, the closer we get to the red trend line, the more the pressure will build up, very simple here now, if the price action can break above t...
2023-05-09 14:27:48 +0000 UTC
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Currently up 49% right now, last updated 4 days ago, explaining what we expected from the earnings, some people have made a lot of money here.
2023-05-09 14:24:53 +0000 UTC
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The absolute audacity of $AAPL to be just sitting on top of the wedge, sticking two fingers up to the bears, got to admire it to be fair!
2023-05-09 14:22:11 +0000 UTC
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Getting very close to the buy zone now. Few downgrades today as margins tighten from their earnings report but like I said before about $PYPL, I think the future is bright for $PYPL, fundamentally ...
2023-05-09 14:15:49 +0000 UTC
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The 0.78 Fib at $42.76 is looking very likely here, I have maintained for a long time now that the banking stocks have not bottomed yet and all charts are still showing this. $SCHW is not looking a...
2023-05-09 13:48:36 +0000 UTC
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Rejecting at the previous high again at the yellow trend line. The amber 5 wave down count looks to be in control here, as long as it continues to reject at that resistance line, this could move ag...
2023-05-09 13:42:37 +0000 UTC
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After having a very positive few weeks, earnings reported this morning and it was a negative report but I do not feel this was the main issue with the report, the decrease in production numbers of ...
2023-05-09 12:43:03 +0000 UTC
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The overall structure if it can hold above the blue bottom line is a corrective wave WXY with ABC counts in each wave. I like that a bull flag is forming now and has held at the 0.618 Fib. A breako...
2023-05-09 12:37:18 +0000 UTC
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Very strong aggressive moves higher since the start of the year, so I have added in the WXY in red count, in case this entire structure is a corrective wave, a rejection at the blue line could conf...
2023-05-09 12:31:01 +0000 UTC
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$MATIC is not showing the same set up as $BTC, $ETH or $ADA, there was positive moves higher but the structure is not an impulse wave. It broke down from the channel and into our bear case, it also...
2023-05-09 12:28:48 +0000 UTC
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