Textbook move by $ACHR, in spite of some wild swings in Wave 3, the trend was clear and the 1.618 Fib was hit at $12 and the pull back may have started already.
As always the 0.38 Fib is the ...
2025-01-08 21:40:29 +0000 UTC
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it is clear I am a $HIMS bull but I will always call it as I see it and even if that means making the difficult calls and I am not shy of saying it on any stock
But that being said, the weakn...
2025-01-08 21:29:45 +0000 UTC
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How many times have we seen this over the years, strong aggressive breakout followed by a pull back exactly to the breakout level again, in this case at $25.
This pattern repeats itself and i...
2025-01-08 18:01:32 +0000 UTC
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Continues to hold relative strength this week and continues to curve around the bottom here above $26.30
The resistance level continues to be the 50 Day MA at $28.50, so this is keeping the p...
2025-01-08 17:57:21 +0000 UTC
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I think a lot of people are in the loop here but it is important to share that the 50 Day MA is becoming problematic so far for the $SPY
So far we have a rejection trying to stay above the 50...
2025-01-08 17:46:06 +0000 UTC
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This is the first time I have added in the impulse count on this chart because I was only working on traditional technicals to this point because it was been clear and simple.
But I was not e...
2025-01-08 17:40:09 +0000 UTC
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$OSCR up +4% while the market is hurting across all sectors is a big statement.
We can see that there is a test of the 50 Day MA now today, just below the 0.38 Fib and a member has made a goo...
2025-01-08 17:33:40 +0000 UTC
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$SOFI is testing its 50 Day MA now at $14.50 and bulls would like this not to hold and come down to the standard Wave 4 support level on the 0.38 Fib and hold support there at $13 before going high...
2025-01-08 14:57:26 +0000 UTC
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In spite of the mixed 2 days, $AMZN is not showing concerns and is simply retesting the wedge breakout level
$220 we know is the important support level and we have been monitoring it for nea...
2025-01-08 14:54:52 +0000 UTC
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Crypto has pulled back aggressively and there is no denying that, what's also evident is that there is a clear rejection for $ETH at the yellow resistance line and it stopped out exactly at $3700, ...
2025-01-08 13:30:01 +0000 UTC
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I continue to be concerned about the US 10 YR, higher highs and higher lows are observed, the market would very much appreciate a pull back here, to at least retest the wedge breakout level at 4.4%...
2025-01-08 12:13:52 +0000 UTC
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I am seeing a number of people thinking that this pull back now is Wave 4, so as I have done with $MSTR, I am sharing both possibilities.
For every Wave 4, the standard pull back level is the...
2025-01-08 12:04:55 +0000 UTC
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Something I have said for years is that the market loves giving you a second chance.
Just as we saw $NVDA pulling back to the $140/$141 level yesterday and holding, and being up +1% in the PM...
2025-01-08 11:57:12 +0000 UTC
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$DXY and US 10 YR increasing, coupled with JOLT data being strong and Trumps comments caused the market and crypto to react badly yesterday.
Strong pull back but so far just to test importan...
2025-01-08 10:35:52 +0000 UTC
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I am not seeing any concerns here on the Small Caps chart, price is holding comfortably above the 0.5 Fib and in between the 50 and 200 Day MA, bulls would like to see the 50 Day MA get converted t...
2025-01-07 20:27:54 +0000 UTC
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Head and shoulders pattern formed here too, very similar to $PLTR, we also have a rejection at 200 MA on the 1hr chart too.
So I expect a lower low next below $105 and this should help the pr...
2025-01-07 20:20:18 +0000 UTC
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$KO has come within $0.40c of the 200 WMA today, I think many members would consider DCA'ing into $KO from this point and take advantage if the price did drop lower.
If $KO drops below the 20...
2025-01-07 20:13:29 +0000 UTC
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I am happy with this rejection at $414, something we spoke about at the weekends update too.
Price has already fallen to $391 today too and a clear rejection below $414, the 50 MA and the 200...
2025-01-07 16:34:29 +0000 UTC
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A lot of our Top 10 charts are green now while the overall market is red, this goes for a lot of the safe havens we follow too.
$OXY is also green and continues its strong bounce from $45 and...
2025-01-07 16:32:04 +0000 UTC
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Looking very strong here in an impulse wave, $131 for me is the big hurdle to flip to support next and members should consider adding again.
No changes others.
2025-01-07 14:48:42 +0000 UTC
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The 200 WMA remains the cheat code for the market and again evident here.
Price tested the 200 WMA for 5 weeks and then bounced from $64 to $80 today.
In the last update I highlighted t...
2025-01-07 14:41:32 +0000 UTC
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Higher high was made yesterday and the price is just sitting on the 0.5 Fib now
Also above the 50 Day MA and the 200 Day MA, moving in an impulse manner, after completing a 3 wave pull back.<...
2025-01-07 14:10:47 +0000 UTC
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And if you have missed the $OKLO gains, $UUUU looks equally ready to breakout next and have a strong move to the upside.
Price has pulled back and held above the 0.618 Fib now and just at the...
2025-01-07 13:52:28 +0000 UTC
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Very little to say here except I am very happy I caught this for the group when Nuclear energy got spoken heavily about by the new Trump admin and we identified the support level at $17-$18 and the...
2025-01-07 13:49:09 +0000 UTC
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Very clear rejection at the 50 MA on the 1hr chart after a bounce from Friday which looked like exit liquidity for me.
Price is down in the PM now and a test of the 200 MA on the 1hr chart ne...
2025-01-07 13:46:20 +0000 UTC
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I am watching to see if the ABC correction is complete now, price did make a lower low in December but Wave C has been short....but it is likely we are seeing a triple bottom here instead.
Pr...
2025-01-07 13:39:29 +0000 UTC
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I shared this chart in Sept 2023 and the price was at $3.74 that day and moving in a clear Cup and Handle formation, fast forward 16 months later and the price is at $8.36 today and continues to be...
2025-01-07 13:34:56 +0000 UTC
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We are close to making a higher high here next above $5.17 and this should allow the price action to break higher above the 1.618 Fib at $5.24 and ultimately to the First Target then at $6.23 next....
2025-01-07 13:27:00 +0000 UTC
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$ASML got a lot of attention yesterday from our Top 10 list and finished the day up +7.5% but $LVMHF had an equally strong day, as it flushed down at the opening to the 0.618 Fib and bounced strong...
2025-01-07 13:01:24 +0000 UTC
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Higher high now achieved in the PM and $NVDA continues to look very strong here and on course to hit $160 with this momentum behind it.
The possibility of a retest of the $141 seems unlikely ...
2025-01-07 12:53:33 +0000 UTC
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