$PYPL is at the Wave 4 potential support level and the Wave A level, so it is in the unusual position that in both scenarios a bounce is due once the $79 level is held.
We entered $AMZN and $...
2025-02-05 20:21:24 +0000 UTC View Post
$SMCI needs to stop looking attractive here, we have a double descending wedge breakout now, where the price is exactly at the breakout level now at $31.40.
Price has been held down today by ...
2025-02-05 20:13:56 +0000 UTC View Post
$RLX has been consolidating here sideways since the middle of December without dipping as low as the 0.38 Fib at $2.06, which is also where the 50 Day MA is right now, so a consolidating range lik...
2025-02-05 20:08:36 +0000 UTC View Post
$ARM reports after the close today and I really struggle to understand what these guys do and their chart is not straight forward.....CEO also owns a large amount of stock and is able to squeeze th...
2025-02-05 20:05:42 +0000 UTC View Post
Ok we have the lower high with a rejection at the 200 Day MA so this should allow the price to drop down to the 0.618 Fib or the 50 Day MA at $85 for a 3 wave pull back.....once support is held the...
2025-02-05 15:53:01 +0000 UTC View Post
Very nice drop below the 50 Day MA now and went as low as 4.4% and we can see that the trend is clearly to the downside and a test of the wedge line and 0.38 Fib at the very least will be tested sh...
2025-02-05 15:37:29 +0000 UTC View Post
I think holders should continue to feel comfortable here, price has retested the 50 Day MA from above and comfortably above its 200 Day MA now after finding support on the perfect Wave 2 Fib level ...
2025-02-05 13:25:03 +0000 UTC View Post
$AMD's standard beat may have highlighted to the market again just how exceptional $NVDA is and superior their chips are.
Price is still above the trend line, above the 0.618 Fib and the 50 W...
2025-02-05 13:16:05 +0000 UTC View Post
Ok this is going parabolic here but like I've said before, we'll accept this in Wave 3....you don't want to see this behaviour in Wave 5.
The 1.618 Fib is at $43.96, a number of people trimme...
2025-02-05 12:01:59 +0000 UTC View Post
$SILVER holding above $30 is the equivalent of $HIMS holding above $25.41 and $PLTR above $45.
2025-02-05 11:51:08 +0000 UTC View Post
Double beat from their earnings this morning and some attractive growth numbers. YoY:
Ozempic Revenue: DKK 34.6B | YoY: +39%
Wegovy Revenue: DKK 12.9B | YoY: +88%
Rybelsus Reven...
2025-02-05 11:36:23 +0000 UTC View Post
OK this was a double miss and a mixed earnings, Operating Margins improved and Total membership increased by +62% but Net Loss increased by 3 million.....yes only $3 million.
But what really...
$AMD reported a double beat:
AMD recorded $7.66 billion in total revenue with $1.09 in adjusted EPS for Q4 2024, while its data center segment brought in $3.86 billion instead of the...
2025-02-05 10:58:12 +0000 UTC View Post
Ok let's start with $GOOG.
Revenue beat but EPS slighted missed by 0.23% but FCF estimates missed by 8% and what we have seen from assessing a lot of earnings reports, FCF is a big factor in ...
2025-02-05 10:47:47 +0000 UTC View Post
If $AMZN smash their earnings this week and they have a habit of doing this, there is a very simple run up to the 2.618 Fib at $283, $244 is inevitable at this stage and the chart does not look ext...
2025-02-04 16:37:31 +0000 UTC View Post
Slight miss on revenue today from their earnings and the share price is down -4.4% and we can see from the chart that this should allow the price to sink down to a lower low and therefore allowing ...
2025-02-04 16:32:05 +0000 UTC View Post
$SPY has been textbook, the chart and commentary has been textbook and I hope it has been able to guide you over the last 2 weeks of volatility
A 3 wave pull back here to the 0.618 Fib at $5...
2025-02-04 16:28:21 +0000 UTC View Post
$IWM moving very well here
A 3 wave pull back to the perfect support level on the 0.618 Fib at $220 and now bouncing
The low risk entry now is holding above the 50 Day MA at $229 which ...
2025-02-04 16:24:35 +0000 UTC View Post
$MOS has now broken out of the 2 year wedge, retested the breakout level from above, held the level and now bounced up to the 50 WMA and the blue resistance line at $28.35
A break and hold th...
2025-02-04 16:22:35 +0000 UTC View Post
Down -9% now after a difficult earnings on margins but a lot to be hopeful for if the price can continue to move down for an ABC correction to $75.
Right now the Wave 4 pull back is still val...
2025-02-04 16:19:53 +0000 UTC View Post
$SIRI is now testing the breakout level at $24.70
Remember the price has rejected at this level 4 times over the last 12 months so you will need to wait for a breakout to lower your risk for ...
2025-02-04 12:26:05 +0000 UTC View Post
My goodness it might be time!
$LI has always been a good indication for how the Chinese EV's will move and this has been a descending traingle now for the last 7 months but moving well along...
$MTCH keeps knocking on the door of the breakout level at $26.30
Price is above the 50 and 200 Day MA here too
A positive beat here and we could see a breakout next and breaking out of...
2025-02-04 12:02:46 +0000 UTC View Post
$SBUX has retested the 4 year old wedge line from above at $105 and has passed the first test and bounced, if the price continues to hold above $105 and the bulls are locked in control here and Wav...
2025-02-04 11:54:13 +0000 UTC View Post
A reminder of the big picture here.
Price flipped the 50 Day WMA support in October and we have got a retest of this MA twice now since December.
The important level to flip next is the...
2025-02-04 11:47:45 +0000 UTC View Post
$OSCR reports after the close today and the set up is certainly there.
Price is in the middle of subwave 3 and above the 50 Day MA at $15.46, a good earnings and I believe this has no issue b...
2025-02-04 11:31:09 +0000 UTC View Post
$BTC did flush down on Sunday night but managed to make a higher low and recaptured the 2.618 Fib level very quickly at the $95k level.
Price is now at the 50 Day MA and at the 0.5 Fib at $99...
2025-02-04 11:25:04 +0000 UTC View Post
The HSI is now back above the 200 WMA after today's session.
The price has only been above the 200 WMA once since July 2021 and that was in Sept '24 but the price did not hold above this MA o...
2025-02-04 11:22:09 +0000 UTC View Post
The delusional level has been hit and the price is sitting at this level right now.
It will be interesting to see how this opens and if there will be profit taking
I still hold 20% of m...
2025-02-04 11:16:38 +0000 UTC View Post
There are the facts:
We have the channel breakout, (a channel of 4 years)
We have a pull back perfectly to the 0.618 Fib at $70, held and bounced
We have...
2025-02-03 19:05:34 +0000 UTC View Post