We could be looking at a retest of the 50 Day MA next here at $37
The blue support line is at $35 and I have added the green fib support levels if there is an ABC pull back here too.
I ...
2024-12-04 16:05:35 +0000 UTC
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Big statement from the bulls now
Back above the green support line at $141 now, after holding support on the 50 Day MA and he 0.38 Fib at $133.
Holding above $141 and the First Target c...
2024-12-04 15:24:12 +0000 UTC
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We got a pull back yesterday to the 0.5 Fib, in between the two yellow lines which is the pull back range, with the lower breakout level at $4.
So pulling back and bouncing anywhere in this r...
2024-12-04 14:25:01 +0000 UTC
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No changes but worth bringing back to your attention because the price has held above the blue support line and continues to look strong in this Wave 3 to the 1.618 Fib at $35.75
Very solid a...
2024-12-04 13:39:46 +0000 UTC
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$DLTR has just reported a Double Beat on earnings which was badly needed
Price action fell down to its Covid low line leading to earnings and managed to find support, the worst may be behind ...
2024-12-04 13:33:42 +0000 UTC
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$DDOG continues to move very well and not under any pressure until the 1.618 Fib is tested at $169, a Wave 4 pull back will be welcomed then for those who want to add or start a position if they mi...
2024-12-04 13:29:53 +0000 UTC
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I was doing my morning scan and I have just clocked this in time.
$AAL is just testing its breakout level now at $15, after consolidating in a very long descending wedge for nearly 4 years.
2024-12-04 13:19:28 +0000 UTC
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Very surprised this has not broken out already but it must be waiting for $BTC to make its move too....I believe the breakout is inevitable at this stage and it is a really nice set up for a low ri...
2024-12-04 13:13:22 +0000 UTC
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If you are bullish on China reversing shortly and you have the stomach, then some exposure to $YINN can offer strong returns because it is a 3 X Leveraged China ETF
Like all the ADRs we foll...
2024-12-04 13:04:23 +0000 UTC
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$NIO a lot of talk about wedge breakouts yesterday but at all times we must be vigilant with $NIO
We have a hold on the 0.78 Fib at $4.50, that is what we have so far
We do not have a h...
2024-12-04 12:58:00 +0000 UTC
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$ETH is back above the $3700 yellow resistance line, on the same day it completes its Golden Cross between the 50 and 200 Day MA
A nice bullish indicator to get it above the resistance line.<...
2024-12-04 12:53:40 +0000 UTC
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We are nearly at the ideal spot for a bounce in between the 0.5 - 0.618 Fib levels between $84 - $85.
I do believe there will likely be a positive run then up to the Economic Conference due t...
2024-12-03 20:24:42 +0000 UTC
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I want to share this again in case people get too fixated on the subwave counts and Fibs.
This is a very good looking chart and the reason why I went into $JASMY out of all of the Alt Coins o...
2024-12-03 20:15:34 +0000 UTC
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$IQ has managed to find support on the trend line that has been in place since June 2023, however it has made a lower low since its August '24 low so we are waiting to see if a new impulse wave can...
2024-12-03 19:56:47 +0000 UTC
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I have been waiting over the last week to see if $IWM could break out above this blue resistance line but I am not seeing it yet and my count has not changed.
$IWM is not in the same count as...
2024-12-03 19:53:29 +0000 UTC
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$AAPL has comfortably broken into the Bull Case projection now and continues its strong run from last week.
If $AAPL can convert the $237 - $239 range to support then I believe there is more ...
2024-12-03 19:49:41 +0000 UTC
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This triangle now has my attention
Which is commonly found in Subwave and Wave 4's if there is a lot of interest in a position
We can already see that the price pulled back to in betwee...
2024-12-03 19:46:36 +0000 UTC
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Do not forget about your Safe Havens
THIS IS A CLEAR INSTRUCTION
I have built up a sizeable Silver position and very happy that I have, I have moved a lot of cash into Silver too
...
2024-12-03 15:21:05 +0000 UTC
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Nobody scare it!
Moving out of the wedge now to the upside and slowly moving in the right direction.
I don't care how long it takes, as long as it moves in the right direction and keep...
2024-12-03 15:06:11 +0000 UTC
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$SKX is a chart I have really enjoyed over the last 2 years and continues to move very well and controlled
Today we have a triangle breakout to the upside which is showing Wave 4 complete for...
2024-12-03 14:57:33 +0000 UTC
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One day later and now we have our 3 waves.
With another retest of the 0.618 Fib today at the opening at $27.50
If this level can not hold, there is no issue testing the 0.78 Fib lower a...
2024-12-03 14:53:26 +0000 UTC
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Has dropped below its 50 and 200 MA on the 1hr chart so this is a good sign to show that the trend is to the downside in the short term at least.
This should allow the price to move down to t...
2024-12-03 14:50:24 +0000 UTC
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$ACHR is experiencing some wild swings, shooting up from $4 to $10 and back down to $6 now in 10 days can be tough on the stomach but this pull back is likely just mirroring it's strong climb.
<...
2024-12-03 14:31:23 +0000 UTC
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$MSTR is still moving with $BTC but has lost the 0.38 Fib in the PM today so a second test of the blue support line is likely next, which was the previous high before last months run.
If $MST...
2024-12-03 14:25:53 +0000 UTC
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Double beat on earnings but $ZS gave a double concerning notice:
'Zscaler stock fell sharply early Tuesday after the cybersecurity software company's strong quarterly earnings were oversh...
2024-12-03 13:51:47 +0000 UTC
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Up +7% in the PM again and there is no denying that this is looking very good here, in spite of the uncertainty still associated with this
If this was not $SMCI but another chart with this se...
2024-12-03 13:37:38 +0000 UTC
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Very clean breakout yesterday and we added just as the 200 Day MA was crossed because I could see the bullish momentum, price was up +8% during the day too.
So two things I am watching for ne...
2024-12-03 13:32:44 +0000 UTC
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Ok so this is playing out very nicely for us and moving as planned
Yesterday was a big test because it was up +4% in the PM and when the market opened but we showed that Wave 4 needed one mor...
2024-12-03 13:27:00 +0000 UTC
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The HSI has found support on the 0.618 Fib now and is moving away from this level and is set to test the higher 0.5 Fib level next.
This is what we needed to see, next the bulls need to start...
2024-12-03 13:20:52 +0000 UTC
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Very nice start to the day seeing my $JASMY position up +71% right now and at one stage up +88%, I shared in the chat group that $JASMY accounts for 2.5% of my total portfolio, so being up this amo...
2024-12-03 13:15:04 +0000 UTC
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