No changes here, rejected at the bull case line so far which was the previous high, it may have another chance to test the line again, if not then 5 waves down in amber is next.
2023-03-02 10:50:39 +0000 UTC View Post
Pulling back now to a very familiar spot we have spoken about a lot lately. It is just sitting on the 50 Day MA now on the 0.5 Fib, we know that it can come down to the 0.618-0.65 Fib which is the ...
2023-03-02 10:47:10 +0000 UTC View Post
5 days ago after earnings I said that this is looking good, if it can break out of the channel and hold, it has a good chance of following the bull case....it has held above the channel now.
2023-03-01 20:16:21 +0000 UTC View Post
Testing time for $MARA, will it find support at this wedge trend line and bounce or break down?...both options here are at 50/50, next few days will be important.
2023-03-01 20:07:34 +0000 UTC View Post
This chart does not look great, its impulse wave up had its odd moments but still behaved according to the rules of EW Theory, and the moment it hit Wave 5, it came crashing down. I am seeing dilut...
2023-03-01 20:04:29 +0000 UTC View Post
I uploaded this in Mid Feb and we showed that it would pull back to the wedge trend line, it is testing the support now, so far it is holding, if it can add to this strength, it may bounce nicely.<...
2023-03-01 19:58:11 +0000 UTC View Post
Interesting to watch how the VIX can pull back and hold at the 0.65 Fib and bounce, Subwave 3 of Wave 3 is always the most aggressive and that's what is potentially next so I am watching this close...
2023-03-01 16:24:13 +0000 UTC View Post
Looking very structured and above the trend line, will need to stay above and show support above now. A long way to go but so far, it's looking good.
2023-03-01 16:13:46 +0000 UTC View Post
Broke down below the previous low, $1 is in its sights now, this has followed our chart perfectly since $2.26.
2023-03-01 15:43:01 +0000 UTC View Post
Watching for the reversal now after coming very close to the 1.27 Fib level.
2023-03-01 15:27:06 +0000 UTC View Post
It may test the bear case line very shortly, we want to see it break down, so we can get this at a terrific price in the buy zone.
2023-03-01 15:25:09 +0000 UTC View Post
Outside of the wedge again and the 50 Day MA is above at 399. If this acts as a resistance, we could see this move down again, from what we can see here, I am still leaning bearish because there is...
2023-03-01 14:22:02 +0000 UTC View Post
The bull case is still active and the pull back has so far been controlled, at an extended Fib level now (outside the standard 0.38 - 0.65 Fib levels, where we expect to see a Subwave 2 of Wave 1 b...
2023-03-01 14:16:53 +0000 UTC View Post
Rejection at the upper blue trend line and pulling back, if it can hold above the previous low then this can still count as Subwave 2 of Wave 3, failure to hold above then this will continue down t...
2023-03-01 14:08:15 +0000 UTC View Post
Impulse Wave 5 could be complete now as it touches on the upper trend line, I expect a pull back shortly, this would not be a company that I would be buying now for long term, not until we see a su...
2023-03-01 14:04:03 +0000 UTC View Post
Still no changes here in spite of a negative report, it looks like there is still one more leg up before a larger correction down.
2023-03-01 14:00:39 +0000 UTC View Post
Airlines could be in a strong position as the recovery bounces back, I have seen personally the strong demand in air travel, the concern would be if a recession does hit in mid summer, will this re...
2023-03-01 10:24:23 +0000 UTC View Post
Bad earnings and is getting beat up in the PM, the blue line and bear case will be the final support line, will need to hold here, no other changes here except that Wave 5 is expected at the blue l...
2023-03-01 10:17:59 +0000 UTC View Post
Earnings are just out, mixed result and a lower 2023 production guidance, down now -7% in PM, in line with our chart.
2023-02-28 21:27:26 +0000 UTC View Post
No changes to our chart, we spoke of the importance of holding this Fib level and it has held and bounced here, it is possible that Wave B (in amber)could be complete now but it is not a clear ABC ...
2023-02-28 21:24:45 +0000 UTC View Post
Broke down from the wedge here, the trend line has been holding since the December, if it does not hold the previous low, the targets below are possible.
2023-02-28 21:19:05 +0000 UTC View Post
The market appears to have its eye set on the gap fill to the 0.65 Fib. we spoke about this last week. The pull back has been controlled and measured, slow increments each day, so we can keep an ey...
2023-02-28 21:14:53 +0000 UTC View Post
Flat for the day and no rally leading up to earnings, the PM could be more active though, like I explained in the Telegram group, I did not add Nio today, we are in the bear case, below $9.50, belo...
2023-02-28 21:04:49 +0000 UTC View Post
We have been waiting for the gap fill to $7.80 and it hit just now and subsequently exactly at where we set the Wave 2 to complete. Now $PLTR needs to see a bounce or it will lose its impulse count...
2023-02-28 20:58:20 +0000 UTC View Post
Earnings after the close today, no changes to my chart, like I said in my last chart I left the bull case count on the chart, in spite of me thinking this stock is trash which is a good practice to...
2023-02-28 13:33:31 +0000 UTC View Post
This is a technical analysts dream. ABC wave down in red, into a large wedge and coming down to the 0.65 Fib and bouncing, to then break out of the wedge....if every stock behaved like this, we wou...
2023-02-28 13:24:14 +0000 UTC View Post
Earnings roulette has gone in $ZM's favour, 7% up in PM now, so this may open with a large gap, this will more than likely fill over the next day or two as we have been watching this happen with $T...
2023-02-28 12:55:07 +0000 UTC View Post
