$BIDU
$BIDU is the one stock I want to see performing well, its fundamentals do not justify a price this low, it is very rare that a company can buy its entire share allocation with its own assets.
$BIDU is the one stock I want to see performing well, its fundamentals do not justify a price this low, it is very rare that a company can buy its entire share allocation with its own assets.
$BMY does look ready to move higher, this is the weekly chart, but the set up is forming here to move higher but may still take another few weeks.
Ultimately we want to see a break above the ...
2024-09-23 14:11:46 +0000 UTC View Post
Moving back up to test the 0.618 Fib from below now
This is an important level now, if the bulls can recapture this level then the bleeding may have stopped, we want to see structure above th...
2024-09-23 14:06:30 +0000 UTC View Post
$ETH is no different than a healthy stock that has been beaten up and now people are seeing the value
It has moved just like $NKE, $AMD, $SBUX, $ABNB and $DIS
Double 0.618 Fib hold, fol...
2024-09-23 13:51:32 +0000 UTC View Post
I am seeing a lot of bullish sentiment towards $SE lately, especially as it runs towards the end of Wave 3, which is exactly what you would expect from the masses.
There is no changes to our ...
2024-09-23 13:34:40 +0000 UTC View Post
Double 0.618 Fib hold here, followed by strong bounces
Price is also back above the 50 and 200 Day MA and on the outside of the triangle again.
Price needs to hold above the blue line a...
2024-09-23 13:26:06 +0000 UTC View Post
Not quite a clear set up here for a reversal, price is sitting in between the 0.38 - 0.5 Fib, the 50 and 200 Day MA has just made a death cross and there is no signs of a new impulse wave starting ...
2024-09-23 13:21:41 +0000 UTC View Post
$NIO is sitting on the 0.236 Fib in the PM now, after pulling back to the 0.38 Fib twice last week and holding, so testing the higher fib now and holding would give us a higher low.
It is als...
2024-09-23 13:16:33 +0000 UTC View Post
Consumer Confidence Data, PCE and GDP will be the big ticket items from this weeks economic data releases and will help confirm whether the Fed made the right decision to announce a 0.5% Rate Cut t...
2024-09-23 00:55:19 +0000 UTC View Post
$QQQ gave us a clear wedge breakout this week, it is still lagging the $SPY as this has made a new ATH, mainly lagging due to $NVDA's performance.
$QQQ bulls still have a bit of work to do he...
2024-09-23 00:46:24 +0000 UTC View Post
$V ran last week and performed very well in spite of the volatility and macro influences, now we are starting to see signs of a pull back which is welcomed.
The amber fib levels is where we a...
2024-09-23 00:36:56 +0000 UTC View Post
I have mentioned a few times today that $TSLA and $GOOG are offering the best set ups from the Mega Caps right now, $GOOG is slightly less riskier because in all scenarios, a bounce will likely con...
2024-09-23 00:34:06 +0000 UTC View Post
We have been watching to see how $SHOP handles its 200 WMA here at $78, like I said before, it did break above this MA at the start of 2024 but on the retest the price could not hold and this was f...
2024-09-23 00:29:58 +0000 UTC View Post
The Wave 4 pull back to the 0.38 Fib at $67, which was also the blue support line worked perfectly here.
If the price action can stay above the 1.618 Fib at $75 and consolidate, Wave 5 can co...
2024-09-22 19:59:18 +0000 UTC View Post
Very little has been able to slow this down
CEO Karp selling $350+ million recently worth of stock and a possible rumour of a 2 million share public offering did not seem to make much of an i...
2024-09-22 19:56:33 +0000 UTC View Post
$NKE chart has been beautiful and I covered this a lot this week and this set up, so no changes here to the chart or my thoughts on this. Wave 3 is the target at the 1.618 Fib at $99.
This wi...
2024-09-22 19:53:55 +0000 UTC View Post
$MSFT continues to move like the other Mega Caps in our Top 20, with the exception of $TSLA
Still in the possibility of being in Wave B and moving back up to test its ATH level again.
A...
2024-09-22 19:51:10 +0000 UTC View Post
$INTC has not given us the same set up yet as $DIS, $ABNB, $AMD and $NKE but the price has bounced on the $18 level and remains in the Buy Zone.
The 50 Day MA is just above at the next Fib le...
2024-09-22 19:48:50 +0000 UTC View Post
$GOOG and possibly $TSLA are offering the most value right now I believe, $GOOG still has some margin to go to either complete Wave B or test its previous high, the 50 Day MA is the next hurdle at ...
2024-09-22 19:28:10 +0000 UTC View Post
$DIS, $NKE, $ABNB, $AMD, $SBUX.....all reacting the same way lately and it has made my job very easy
Hold here on the green 0.618 Fib provided the set up to bounce and it has reacted perfectl...
2024-09-22 19:25:21 +0000 UTC View Post
The price is testing the 200 Day MA a number of times now so the market is fully aware of the significance on this resistance level, it is still unclear whether the price can break above this level...
2024-09-22 19:22:48 +0000 UTC View Post
$BABA enjoyed this week and has moved perfectly in this Wave 3.
The retest of the wedge breakout provided the set up to complete Wave 3 and the price finished at the 1.618 Fib to end the week...
2024-09-22 19:19:24 +0000 UTC View Post
Very strong end to the week for $AMZN and in the last hour there was a notable rise and finishing the week at $191, which is above an important resistance line.
Holding above this level and $...
2024-09-22 17:58:11 +0000 UTC View Post
Important week for $AMD next week, price is back up to test the 200 Day MA after a very impressive double hold on the 0.618 Fibs since August.
We can see at the end of August that the price r...
2024-09-22 17:55:12 +0000 UTC View Post
$ABNB had a great week and finished the week at the 1.618 Fib above the 50 Day MA....this is where we would expect a pull back for Wave 4 next and the the 0.38 Fib is also aligning with a retest of...
2024-09-22 17:49:44 +0000 UTC View Post
The majority of the Mega Caps are moving in a similar way right now, bouncing to their previous high levels, the $SPY has already made new ATH's but the $QQQ and the Mega Caps are lagging behind th...
2024-09-22 17:46:57 +0000 UTC View Post
I will continue to share as many charts as possible with this double 0.618 Fib hold, it has proven to be a very valuable indication for us lately.....and it is rare to see so many set ups at the sa...
2024-09-20 19:38:01 +0000 UTC View Post
Not quite at the 1.618 Fib at $8 yet but getting closer, holders here should continue to stick with this, we saw how aggressive $ASTS moved when the momentum was behind it, no need to trim until th...
2024-09-20 19:33:56 +0000 UTC View Post
How many times have we seen this set up this month and then take off, exactly as planned.
$NKE got a catalyst with the introduction of the a new CEO but quite clearly the chart was showing a ...
2024-09-20 19:29:46 +0000 UTC View Post