$MARA
After losing a critical support with the 1.27 Fib. $2.11 needs to hold now.
2023-01-03 13:41:31 +0000 UTC View Post
After losing a critical support with the 1.27 Fib. $2.11 needs to hold now.
2023-01-03 13:41:31 +0000 UTC View Post
When C ends high, it is followed by 5 waves down.
Some people are making money on swings with this, stay disciplined here and know when to get in and out.
Very interesting chart, we can see that this trend has stayed relatively within the channel but most importantly, was rejected at very important Fib levels at 0.65 Fib around $510 and then again at...
2023-01-03 13:10:07 +0000 UTC View Post
Another company that could benefit from a turn around in the EV sector, LAZR makes sensors and software for autonomous driving an important direction for the EV sector, again I see this coming down...
2023-01-03 12:51:19 +0000 UTC View Post
This continues to work out nicely for us. $TSLA produced incredible numbers for their quarter but fell just short of estimates, which I always find incredible because the bigger picture gets lost.....
2023-01-03 12:39:41 +0000 UTC View Post
5 waves of W - 1 (red) and 5 subwaves of W - 5 (amber) are a lot clearer now, the plan has always been to wait for a significant bounce for W - 2 before making a decision.....PM looks good today on...
2023-01-03 12:35:06 +0000 UTC View Post
We had uploaded this chart a few weeks ago and is confirmed in the bear case now and continuing down the channel, the 1.27 Fib is a good price for support and correlates to our historical support l...
2023-01-03 12:30:57 +0000 UTC View Post
$VFC a company that was brought to my attention, following an ABC count nicely and FWD PE is 11....I will monitor this and see how it looks as it approaches the end of Wave C.
2023-01-02 18:39:42 +0000 UTC View Post
It is at a likely spot where we would expect to see a bounce, $NVDA is also a few months ahead of other stocks, after being involved in a lot of political drama and weak earnings during the year......
2023-01-02 16:06:50 +0000 UTC View Post
We have spoke about this before, what may help Gold decline in this manner, will there be a safer or better store of value in the next 10 years? it's possible, Bitcoin advocates believe it will be ...
2023-01-02 15:45:12 +0000 UTC View Post
We have been patiently waiting for this to pull back and it has begun but showing incredible strength and rightly so. Subwave A of Wave 2 may be complete now, although shallow, it is still valid an...
2023-01-02 15:32:44 +0000 UTC View Post
$VOO and $SPY are very similar, $VOO is a little cheaper to buy and hold different values of the S&P 500 companies but will follow each other neverthless.
2023-01-02 15:19:48 +0000 UTC View Post
I like $SQ as a company and how it is disrupting the retail payment sector. It is still early to say that Wave 2 is complete but ideally we'd like to see a price between $55-$51 now if we are going...
2023-01-02 15:11:25 +0000 UTC View Post
Fundamentally a very strong company, PE of 6.98 and Fwd PE of 9. PB of 1.13.
Good margins and good ROE. One mark on their fundamentals is the decline in Q/Q EPS...but this is expected to be ...
Another favourite for funds, dividend is due on the 9th of Jan, so it may explain the spike lately but I think this will start coming down once the dividend has been paid, to complete W - 4. <...
2023-01-02 12:02:56 +0000 UTC View Post
A favourite amongst funds and has done quite well in 2022. There is a diamond formation here, which leads me to believe that W - 5 may not be in yet...however, the first Wave 5 I have up is still v...
2023-01-02 12:00:51 +0000 UTC View Post
Similar to the $SPY and $QQQ, in a megaphone pattern and trending down. Some people may prefer the Dow Jones ETF to SPY or QQQ so whatever your preference is, let's wait for the buy zone.
2023-01-02 11:57:30 +0000 UTC View Post
I have uploaded this before but it has been quite popular lately. Looking like it is working through our count nicely, W - 4 will need to hold shortly or else it becomes invalid if it encroaches on...
2023-01-02 11:55:00 +0000 UTC View Post
Breakdown from the bear flag, so it is possible we will see new lows.
2023-01-01 18:58:21 +0000 UTC View Post
PE of 105 but FWD PE of 27....meaning revenue has not quite caught up with its valuation but it will soon....so a pull back now to our indicated levels may offer value in the future.
2023-01-01 18:44:53 +0000 UTC View PostIf you could add only one company or ETF into our Top 20 Long Term list, which company or ETF would that be?
2023-01-01 17:49:16 +0000 UTC View Post
Really good example of a sidewards move ABC count (in red) it gives the impression that we are in a bullish impulse (upward) move, but unfortunately when C (in red and amber) end high, it it normal...
2023-01-01 17:42:08 +0000 UTC View Post
Another chart coming to the end of a falling wedge, normally a bullish sign but the market is weak, so we need to be mindful of fake breakouts.
2023-01-01 17:34:59 +0000 UTC View Post
Forming a nice wedge now with the previous trend into the wedge being upward, so we expect to see this continue it's trend if it breaks out above.
2023-01-01 17:24:18 +0000 UTC View Post
I see very little changes here...it is holding up very well but early signs of a rejection at the previous resistance line means this could start moving down to our target shortly.
A buffet ...
Really struggling with this wedge now, broke down, retested and showing early signs of rejection, which is what we wanted to see....a few people thought this would continue in the wedge and that wa...
2023-01-01 14:16:19 +0000 UTC View Post
I decided to lean on the conservative side here slightly and raised the price target for Wave C slightly, the pattern for ABC in red has formed very neatly so we can gauge where this is going bette...
2023-01-01 14:12:24 +0000 UTC View Post
Between $48 and $36 is the buy zone for me. I need to see more of this C wave, because it may just be developing as an ABC count, instead of a 5 wave count. Either way, it is still following our di...
2023-01-01 14:08:52 +0000 UTC View Post