It doesn't appear ready yet, stopped out at the blue line for now, it can of course attempt it again shortly, if it can stay outside of the wedge now, I suspect it will attempt to test the blue lin...
2023-04-14 14:50:31 +0000 UTC
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I mentioned yesterday that the 50 Day MA crossing the 200 Day MA was bearish and so far the 50 Day has been acting a resistance line. I am still watching this to see if Subwave 2 has complete, it i...
2023-04-14 14:33:56 +0000 UTC
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So that is back to back Fib lines we have called that $NIO has rejected at and I know some of our trader members have been lovin this.
So far $NIO has been behaving exactly as expected, with ...
2023-04-14 10:35:21 +0000 UTC
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I uploaded this during the week to highlight that it was at the blue line and previous high, a flip here and it is into Wave 3...it had no problem breaking through this resistance and is comfortabl...
2023-04-14 10:24:49 +0000 UTC
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This has burst through our initial target for Wave 3 and went straight to Wave 5, so a lot of buyers have stepped in here. This is going parabolic now and if it wasn't Wave 3, I would be concerned ...
2023-04-14 10:22:56 +0000 UTC
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Broke out of the channel and into the Bull case and following our Wave 3 perfectly here, no changes to this chart over the last few weeks and I've eliminated the bear counts now.
2023-04-14 10:19:11 +0000 UTC
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Earnings report came out yesterday and although it was negative, it bounced very well, I am not convinced of these bounces after a bad earnings. The Final Target on the chart is a line I drew month...
2023-04-14 10:13:37 +0000 UTC
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$XPEV is looking more like $NIO than $LI, an ending diagonal here where waves are overlapping on each other, which is found in Wave C, also indicating that the bottom is coming in soon.
I am ...
2023-04-14 10:10:42 +0000 UTC
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Doing well on their production and registration numbers, a company that make hybrids aswell as EV's, not a pure EV player. It has pulled back from its high in Feb so will need to see where it finds...
2023-04-14 10:08:14 +0000 UTC
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No changes here, still in this long wedge and starting to lose the blue line support now and into the bear case, it needs to recapture the blue line and then get out of the wedge for the targets ab...
2023-04-14 10:03:53 +0000 UTC
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How many times have we seen this set up lately, long extended wedges as the companies await for the market to either improve or the fundamentals of the company itself improve, two large squeezes at...
2023-04-13 20:03:28 +0000 UTC
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I uploaded this chart on the 2nd of Jan and had this coming all the way down to Wave C today, it has hit exactly that so it is at a likely spot where I felt it would bottom, I have added in the imp...
2023-04-13 19:54:32 +0000 UTC
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Having set the Subwave 4 in between the 0.5 Fib and 0.618 Fib yest and for it to hit just that and bounce, in spite of the news in the PM yesterday, I am pretty happy with that!
So likely in ...
2023-04-13 19:41:45 +0000 UTC
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Just at the 200 Day MA here at the wedge breakout line, a flip here and it becomes support....this is looking very strong!! Blue line and 200 Day MA are meeting here so it is a resistance line, a b...
2023-04-13 15:33:32 +0000 UTC
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$SHOP has been complicated enough because the waves are overlapping but it is holding at importantly support levels, so this leads me to believe that this is a leading diagonal of Wave 1 of an impu...
2023-04-13 15:22:23 +0000 UTC
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A popular stock amongst our members and it is structurally strong, I have added in the subwaves of Wave 3 as I believe subwave 1 is just complete now. Everything else remains the same, going above ...
2023-04-13 15:18:13 +0000 UTC
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Over the weekend when I uploaded $NKE I said to watch for the bull flag break out, so far it has broke out and looking strong, needs to hold above above here now and there is a good trajectory to S...
2023-04-13 14:54:35 +0000 UTC
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Just watching here and can see that the 50 Day MA has just crossed below the 200 Day MA on the 1HR, the last time it did this, the share price dropped from $194 to $163....so that translates to a $...
2023-04-13 14:32:43 +0000 UTC
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Just breaking into the bull case here and going above the previous high, watching for a clean break and holding above the blue line and this is looking very strong then!
2023-04-13 14:14:48 +0000 UTC
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This time frame is only valid with the assumption that the bottom came in at $880 in June last year, it is testing my blue line now which is my flip line to the bull case, so let's assume here that...
2023-04-13 13:04:40 +0000 UTC
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All going to plan here folks, it is possible that we are in Subwave 3 in red now, as we know, a Wave or Subwave 3 will always have 5 waves in it, it is the most aggressive wave too and normally ver...
2023-04-13 12:52:14 +0000 UTC
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$DAL reported earnings today and depending how they are interpreted, Trading View is showing negative but other reports are a beat....the main thing is both are showing a healthy guidance and profi...
2023-04-13 12:44:38 +0000 UTC
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Aggressive drop out of the bull wedge yesterday as the Fed reported a mild recession is due and this, like a lot of stocks pulled back very strongly. I am watching the white fib levels to see if it...
2023-04-13 12:24:00 +0000 UTC
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Downward channel and likely in Wave C now and looking to move down to the previous low or lower and hit the 0.618 Fib, the structure looks clean and strict and this is what we like to see, the 200 ...
2023-04-13 12:19:51 +0000 UTC
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No changes here, it really does love our trajectory as it is glued to it now, still in Subwave 1 so until it tops out, I can not accurately draw Subwave 2 yet, I hope it comes soon so there is a st...
2023-04-13 12:17:19 +0000 UTC
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Was in a descending wedge and broke out with zero reaction which is not normally a good sign, either it needs more information or it is struggling. Best case here is to consolidate sideways and bui...
2023-04-13 12:13:06 +0000 UTC
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In a very large wedge which has experienced some large swings, not very healthy but the trend remained the same....this will more than likely break out or down from the wedge soon, upwards and the ...
2023-04-13 12:11:30 +0000 UTC
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Has been in a very strict channel since its high and retraced all the way down to the 0.65 Fib before bouncing again, usually Wave B goes against the trend and breaks out of a channel like this but...
2023-04-13 12:09:10 +0000 UTC
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Still within the wedge and no changes to our last chart uploaded, apart from adding Wave D and E if it continues through the wedge, it has held so far above the blue line so this is something posit...
2023-04-13 12:04:43 +0000 UTC
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This started to move up towards the end of the day so we'll see tomorrow if it can regain the 0.65 Fib, if it can not do this then the next Fib support level is below at $41 at 0.78.
2023-04-12 20:49:47 +0000 UTC
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