Rejected at a previous high so the ABC corrective count is still a possibility here, the green impulse wave can only be confirmed once it breaks above the previous high, it has done well to go from...
2023-03-14 21:47:27 +0000 UTC View Post
I have eliminated the Bull case trajectory as this is firmly in the ABC count now, and still within the wedge....earnings were negative but not terrible but confidence in their business model appea...
2023-03-14 21:42:37 +0000 UTC View Post
Nice structured pull back and break out of the downward channel, the larger yellow channel has been in place since 2016, so $SKX may continue in this channel and complete and ABC count and the tren...
2023-03-14 21:39:02 +0000 UTC View PostFor the moment, I am putting a limit of 1 chart request per week, I have not done this before but I am getting inundated with chart requests and I have a limit of uploading 15 charts a day, this wi...
2023-03-14 18:22:46 +0000 UTC View Post
Very little to be positive about here, it has just fallen through all supports and what the bulls will want to see is a break out of this downward trend channel to stop the momentum.
2023-03-14 17:51:35 +0000 UTC View Post
Incredible to see $COIN holding the 0.65 Fib and right at where I set Wave 2 and bouncing, this week was a very big test for crypto, as the market fought with where to put their money after banks a...
2023-03-14 16:28:54 +0000 UTC View Post
Has been glued to our trajectory and struggling again today, it is hard to see any scenario where this does not make a new low below $6 before reversing, so if $LCID is a company you like, consider...
2023-03-14 16:07:36 +0000 UTC View Post
A question has came up if Wave 2 has been completed because it has pulled back into the Wave 2 zone between 0.38 - 0.618/0.65 Fib levels and yes, this was a pull back that validates a Wave 2....tha...
2023-03-14 16:03:54 +0000 UTC View Post
Holding above the low so far, will need to desperately hold on to this and has a good chance to bounce then, Wave C is looking like the likely path though. Consolidating in this environment is not ...
2023-03-14 15:56:38 +0000 UTC View Post
Another company we are watching closely after adding a buy zone recently, its been a bumpy week for finance stocks but $PYPL does not appear to have too much exposure here because of its make up. S...
2023-03-14 15:53:42 +0000 UTC View Post
So what we are looking for here, if we are in Wave 3 now (in red), we will be looking for 5 subwaves in this wave, it is likely that Subwave 1 is now complete after a nice bounce today and as we kn...
2023-03-14 15:48:24 +0000 UTC View Post
Goldman Sachs is not immune to this either, it was already in Wave C and now this declining is accelerating.
2023-03-13 21:00:00 +0000 UTC View Post
On the bright side, the faster the price comes down, the sooner this can recover once the targets are hit.
2023-03-13 20:58:47 +0000 UTC View Post
Update on our banking stocks, they are all on course to hit our target prices.
2023-03-13 20:57:21 +0000 UTC View Post
Deutsche Bank, Germanys biggest bank, experiencing the same impact as KBC, will be interesting to see if they can hold the 200 Day MA now.
2023-03-13 20:50:41 +0000 UTC View Post
One of the larger well known banks in Europe based in Belgium, feeling the aftermath of the financial turbulence coming from the US, remember, all banks are connected, they all lend to each other, ...
2023-03-13 20:48:27 +0000 UTC View Post
Pulling back nicely after making a lower high and a lower low, this is likely to come down further and making a new low as the trend is downward, below $80 and we are into the bear case and the buy...
2023-03-13 20:38:39 +0000 UTC View Post
I have uploaded the 1hR chart and the Daily chart, both are showing that the bear trend will continue, both below the 50 and 200 Day MA, and we hit a new low today, like a number of stocks today, o...
2023-03-13 20:25:13 +0000 UTC View Post
Dropped like a stone at the opening to 380, like we said just over the weekend, there was nothing bullish to see here and all the indications were showing bearish. Recovered during the day to finis...
2023-03-13 20:15:20 +0000 UTC View Post
A requested chart of a bank thats heavily involved with many banking stocks that are collapsing today. Up until this week $NYCB had incredible fundamentals, PE of 5 and a FWD PE of 5. Because they ...
2023-03-13 19:59:48 +0000 UTC View Post
Looking to break out of the channel here but struggling a bit, elements of a double top so far, will likely come down first for Wave 4 before one more leg higher to complete Wave 5.
2023-03-13 19:49:28 +0000 UTC View Post
Another stock very much consolidating, in a WXY wave with ABC waves incorporated. Likely to continue in this range, will need to hold the bear case line at $1.22.
2023-03-13 18:58:00 +0000 UTC View Post
$IEP has been consolidating between a tight range from the middle of 2022, a lot of wild swings within this range too, break down of this wedge will likely see this come down to $47 next and possib...
2023-03-13 18:53:40 +0000 UTC View Post
Needs to find support soon as this downward trend is very distinct and showing little signs of changing its trend, potential support line at $62 next, if it can hold support here and then consolida...
2023-03-13 17:13:05 +0000 UTC View Post
Nearly at our target now, all the way from $8 down to $4. Like I've said on the chart, really needs to hold the blue line support now at $4, it may be in for some pain if it can not hold this line....
2023-03-13 17:02:51 +0000 UTC View Post
Just bounced at the 0.618 Fib line, structure does look healthy and disciplined, 58% growth forecasted for the next year at 47% growth forecasted for the next 5 years so big plans here, FWD P...
2023-03-13 16:38:24 +0000 UTC View Post
I can't get much closer than this folks, it really is at an important point now, hold the 0.618 - 0.65 Fib levels or come down....exactly what we are waiting for with $TSLA too.
2023-03-13 16:26:49 +0000 UTC View Post
Last week we said that $PFE needs to hold $39 as the last line of defence, it hit $39.23 and then the news broke that they have bought Seagen for $43 Billion, EW theory catching catalysts again. Le...
2023-03-13 16:17:48 +0000 UTC View Post
Has been following our wave count perfectly, bulls will want to see this hold the blue support line or the levels below are in amber as shown. Consolidating between the blue line channel will not b...
2023-03-13 14:36:08 +0000 UTC View Post
We may have to start preparing ourselves for some ugly scenes from some stocks, all our Top 20 stocks have strong fundamentals and so we want them to decline so they become more undervalued, but ma...
2023-03-13 14:28:49 +0000 UTC View Post