Exactly at the First Target so this has been a great success since breaking out of its bull flag at the start of October
It is not uncommon to see a pull back at the First Target if the bulls...
2024-10-14 15:03:40 +0000 UTC
View Post
$ZS has just broken above its 200 Day MA which has been a resistance level since April, we still need to see a breakout followed by a retest of this level at $194 to confirm that it is a support le...
2024-10-14 15:00:19 +0000 UTC
View Post
Man we are good at this!
2024-10-14 14:13:20 +0000 UTC
View Post
Ok $COIN is looking ready as $BTC makes its move today
Pull back since Sept has held on the 0.618 Fib and has bounced now and above its 50 Day MA
You are still early here tho and have n...
2024-10-14 14:10:16 +0000 UTC
View Post
Ok lower low has been made now which confirms the bearish short term trend.
So I think it is reasonable to expect a test of the next Fib support level at $5.66
But also paying very clos...
2024-10-14 13:41:35 +0000 UTC
View Post
Rejecting at the 50 Day MA today, so this could signal the end of Wave B and we are getting our Wave C pull back now, with the target between the 0.5 - 0.618 Fib as always
A hold in this rang...
2024-10-14 13:35:22 +0000 UTC
View Post
$BIDU has flushed down at the opening and we can see that it is reaching for the 200 Day MA which is just above the 0.5 Fib at $100.
I would like to see a hold at this confluence level, other...
2024-10-14 13:33:31 +0000 UTC
View Post
The ABC pull back between July - August took only 20 days and was a difficult ABC count to view, even on the hourly chart it is not a clear 3 waves movement but the pull back did complete exactly a...
2024-10-14 13:30:02 +0000 UTC
View Post
Ok Gurgavin has said online that he has started a position in $VSCO and I have got a few requests for the chart
I have to admit, it it looking very good, here are the reasons:
1. Held s...
2024-10-14 13:07:02 +0000 UTC
View Post
$HIMS is within a few cents of making a higher high in the PM now, any information that drops regarding weight loss regulation has been influencing the share price in wild swings and this will like...
2024-10-14 12:10:53 +0000 UTC
View Post
Another test and hold on the 0.38 Fib level today as the market was awaiting some economic data out of China which will be released each day this week.
It will give us more insight into wheth...
2024-10-14 12:06:50 +0000 UTC
View Post
I have added $ETH this morning because I am starting to see a break way from the 200 WMA.
The 200 WMA is currently at $2340 and there has been 5 tests of this support level since Sept.
...
2024-10-14 12:00:49 +0000 UTC
View Post
$QQQ is still at its 0.78 Fib at $494, $NVDA has broken out but $MSFT has been struggling and $TSLA also did not help this week dropping -8% on Friday,
That being said, earnings season is hea...
2024-10-13 19:18:30 +0000 UTC
View Post
Relatively tame week ahead for the economic calendar compared to this week and this is likely due to the earnings season in full mode now.
Big reports we are watching will be:
$UNH ...
2024-10-13 19:01:48 +0000 UTC
View Post
$V has its Golden Cross now and is above the 0.5 Fib and there was a slow drift higher this week but still managing to hold below the 0.38 Fib
With this hold the advantage goes with the Bulls...
2024-10-13 18:51:24 +0000 UTC
View Post
$TSLA had everyone's attention this week and truthfully I liked the 10.10 day, I think there was a lot to take from it but the market and followers of $TSLA have become increasingly frustrated, pro...
2024-10-13 18:47:33 +0000 UTC
View Post
Our third rising wedge evident this evening and this is very tight and strict.....we have been waiting about 2 months for this to break down and it still keeps pushing higher, such is the appetite ...
2024-10-13 18:37:42 +0000 UTC
View Post
$PYPL, $SHOP and $SE are all forming rising wedges right now....which is great for us to see, so we can add if they break down
It is important to say that $PLTR also had a very strict rising ...
2024-10-13 18:34:55 +0000 UTC
View Post
$PYPL is still making higher highs and higher lows but we can see that it appears there is a rising wedge forming here which is typically found in Wave 5 too.
$PYPL can still move higher to t...
2024-10-13 18:32:08 +0000 UTC
View Post
$PLTR has overshot the 1.618 Fib at $41 and is making a strong attempt at hitting the previous ATH level at $45.
I have added the 0.38 Fib at $33, with the assumption that $45 will be tested ...
2024-10-13 18:26:33 +0000 UTC
View Post
Still holding above the 50 Day MA and the 0.5 Fib but battling at the $82 level which we know is a support/resistance level.
Holding above $82 and Bulls will feel more comfortable and I would...
2024-10-13 18:23:53 +0000 UTC
View Post
$MSFT and $TSLA are the only Mega Caps we cover in the Top 20 that do not have a Melt up scenario as the charts are not showing this possibility right now.
$MSFT has 3 clear waves since poten...
2024-10-13 18:21:19 +0000 UTC
View Post
$INTC has pulled back to the 0.5 Fib so far and has since bounced and is moving back up to the 0.78 Fib at $24, which is also a support/resistance line.
If the price action can convert this l...
2024-10-13 18:17:54 +0000 UTC
View Post
We showed this potential Inverse Head and Shoulders pattern during the week if the 200 Day MA is not held, it conveniently aligns with the 0.618 Fib at $156, so if there is a flush down to this l...
2024-10-13 18:14:41 +0000 UTC
View Post
$DIS is still in Wave 3 for me and we got a subwave 4 pull back this week and held support so far.
It appears that our Wave 3 target is aligning with $DIS's report date too, so we could see a...
2024-10-13 17:07:34 +0000 UTC
View Post
Everyone is probably sick to the gills with seeing this chart now and the commentary so I believe everyone is familiar with where $BTC is right now.
Most importantly I am seeing the price act...
2024-10-13 17:05:09 +0000 UTC
View Post
$BABA still showing relatively strength against the Chinese positions we regularly upload, the price has found support on the 0.236 Fib and has tested this level 3 times now
We could see a fu...
2024-10-13 17:02:04 +0000 UTC
View Post
$AMZN had a good week this week going from $180 to $188 and back up to the important resistance/support line to finish the week
Holding above $189 is what we want to see next, this was not ac...
2024-10-13 16:57:50 +0000 UTC
View Post
This was a hot topic this week and we covered it a lot, so I won't waste time laboring on it this evening when we have a lot of charts to go through.
Chart is moving as expected and we got a ...
2024-10-13 16:54:10 +0000 UTC
View Post
Very happy with how this has been moving and so far we have the test at the $236 level for Wave 5 and the price finished the week below this level so I have added in the White Fib levels to show wh...
2024-10-13 16:50:40 +0000 UTC
View Post