Hard rejection from the blue line and previous high today, more than likely brought on by the parabolic move before it, lets see if it can stabilise and try to break out again, failure to do so and...
2023-03-08 23:37:46 +0000 UTC
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New lows again today, going as low as $1.22....incredible price since we called this dropping since $2.26. Recovered a bit after the drop at the open, no doubt the ARK Funds played a large part of ...
2023-03-08 23:33:54 +0000 UTC
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$21,400 is the price to watch, failure to hold this line and we could see this come down heavy. $SI collapsing today should be a trigger. Again, I am still very surprised to see BTC even at this le...
2023-03-08 23:25:16 +0000 UTC
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This is an eruption waiting to happen. Holding the 0.65 Fib and earnings to be released in the morning time before the market opens. Good earnings and this takes off, bad and its coming down for Wa...
2023-03-08 23:22:36 +0000 UTC
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Edging closer to the trend line, $39 being the target here. RSI hit as low as 14 this month, incredibly low for a company of $PFE calibre, holding this trend line and I think this could move quickl...
2023-03-08 23:19:17 +0000 UTC
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Looked weak at opening and recovered as the day went by and the $SPY stabilised too. We have got a pull back so far, went down 10% from the high after the bounce from the new low, but so far we hav...
2023-03-08 23:14:40 +0000 UTC
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New lows again today, reinforcing the downward trend, all eyes on the 0.618 and 0.65 Fib levels now and the Gap between between both fib levels, we have been watching this for weeks now. It is a sl...
2023-03-08 22:59:51 +0000 UTC
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Very little has changed here from the chart uploaded at the weekend, we expected a bounce for Wave A (amber), it went a little higher than expected, even went above the 200 Day MA, I alerted that a...
2023-03-08 22:56:20 +0000 UTC
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We spoke yesterday about $TSLA looking weak and if if loses the neckline at $186, then we can expect a strong pull back, so far this is playing out as expected. Volatile day for the markets, howeve...
2023-03-08 22:46:18 +0000 UTC
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How many times have we seen pulls backs or bounces to the 0.65 Fib and hold or reject lately?
It it such an important level and when counts do reach these levels, we are seeing well structure...
2023-03-07 19:21:32 +0000 UTC
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Is a perfect example of a good earnings (in this case fantastic) and an impulse wave colliding together to shoot up a stock.
Likewise, if the report was bad, this would have been down -22% t...
2023-03-07 19:07:20 +0000 UTC
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I am watching the Subwave 4 bounce now, if we look at the Subwave 2 bounce, we can see that the 0.38 Fib was the resistance level but also reinforced with the 200 Day MA, so for Subwave 4, it has r...
2023-03-07 17:49:11 +0000 UTC
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Personally I am watching the airline stocks lately. $DAL's fundamentals are looking very good and I would not be surprised to see Buffet starting to buy here again after getting out just after Covi...
2023-03-07 17:34:30 +0000 UTC
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No changes to the chart here, we expected a pull back for Wave 4 and so far it is holding where we expected, still expecting another leg up to complete this structure.
2023-03-07 17:29:42 +0000 UTC
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A few coincidences here. First, its very similar to $JPM in that it is part of a Corrective Wave but appears to have started Wave C already. Secondly, Head & Shoulders pattern is formed here an...
2023-03-07 17:26:43 +0000 UTC
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Very little has changed here, I added in the rising wedge to show that this Subwave C of Wave B is getting tight and extended now, meaning we expect a break down next.
The large circle in th...
2023-03-07 17:18:49 +0000 UTC
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A company called $AI was bound to do well over the last few months and the chart proves that, after tipping away along the support line, when ChatGPT took off in popularity, this just ballooned, li...
2023-03-07 17:11:34 +0000 UTC
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Fundamentally $LLAP were struggling as their debt was larger than their assets but they have just be awarded a $2.4 billion contract, which will no doubt play a big part of their earnings call and ...
2023-03-07 17:07:24 +0000 UTC
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So this is what I watching for now. The white fib levels were levels I wanted to see $NIO reject and so far it has rejected at the 0.65 Fib which was perfect and the green Fib levels are the levels...
2023-03-07 14:53:40 +0000 UTC
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Nice structured pull back, holding just above the 0.618 Fib, it may test again or come down to the 0.65 Fib but once it holds these levels, Wave C completing is next.
2023-03-07 11:46:15 +0000 UTC
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IF $APPS can hold this support blue line, there is a possibility that this can go to complete Wave C, earnings were not great but their FWD PE is 9 now, under half of its current PE. Fundamentals a...
2023-03-07 11:43:21 +0000 UTC
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Holding above the historical yellow lines nicely, if it can continue with this, there is every chance that Wave 3 is next. Last line of support is the bottom yellow trend line, holding here and it ...
2023-03-07 10:52:38 +0000 UTC
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Very little in terms of EW Theory we can do here, the promising signs is that it has just broke out of the large wedge, needs to hold above and I would like to see a retest for support. Absolutely ...
2023-03-07 10:50:43 +0000 UTC
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Wedge breakout and held the support line and bounced, still a bit of work to do here but in the mean time, one more leg up is still due for both cases. A break into the bull case is very positive h...
2023-03-07 10:48:21 +0000 UTC
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Long bear flag here, back to back ABC counts here, similar move to $BTC and $ETH, pulling back aggressively. MATIC fan would like to see a bounce to finish Wave C and as we know, when Wave C ends h...
2023-03-07 10:46:33 +0000 UTC
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A very solid company with good management and stable performance, their brand is known everywhere and they have been able to maintain their standard in every store throughout the world. In terms of...
2023-03-07 10:39:34 +0000 UTC
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Another company that has pulled back to the 0.65 Fib and held, big test now shortly if it can break out above the yellow trend line. I have a number of counts all pointing in the same direction her...
2023-03-06 20:22:36 +0000 UTC
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Clear head and shoulders pattern formed here and if we look at the inserted image, we can see that if the neck line is broken, it will retrace all the way down to the previous low and even go lower...
2023-03-06 20:07:12 +0000 UTC
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$DNA looking very textbook here, what I will be watching for is Subwave 4 to bounce to $1.45 which was a previous support, reject here and come down to complete Subwave 5 of Wave 5.
2023-03-06 19:54:09 +0000 UTC
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Comfortably in the 5 wave down count now....I have spoken a lot about Wave C ending high and this is a perfect example of what follows afterwards. Like I said before, I believe this will consolidat...
2023-03-06 19:51:08 +0000 UTC
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