Price has bounced now on the green 0.38 Fib and is routing back to the First Target level again but I only see two waves in this pull back and we typically see three, so do not be surprised if ther...
2025-05-06 16:13:30 +0000 UTC View Post
Gold continues to recover after pulling back after the US market bounced for what could be Wave B.
If Gold makes a higher high above $3500, then this is a signal that more money is moving to ...
2025-05-06 13:25:49 +0000 UTC View Post
Price has pulled back for a lower low in the PM now -5.5% to $5.20.
This is very close now to our Subwave 4 target of $5.13 which I have highlighted now since the run up to our Subwave 3 targ...
2025-05-06 13:19:48 +0000 UTC View Post
Also reports after the close today.
Price is at an important level right now as it tests the upper limit of this yellow line at $14 this week.
A comfortable beat on earnings and we coul...
2025-05-06 11:40:03 +0000 UTC View Post
$MOS reports after the close today too, we have been following this for some time now and behaving as expected since the breakout of the downward channel.
Price is now above the 50 WMA and th...
2025-05-06 11:33:41 +0000 UTC View Post
$TEM reports after the close today
We can see that there are 5 waves in this bounce since the start of April and the price is comfortably above the blue support line at $44 that we shared in ...
2025-05-06 11:29:02 +0000 UTC View Post
$BIDU has also broken above its 50 Day MA and moving well in the PM too while there is red across the market.
Chinese ADRs continue to perform well against weak days for the US market too and...
2025-05-06 11:11:53 +0000 UTC View Post
$BABA is up +1.5% in the PM now after a very positive Ai Cloud remark from Nomura:
Chinese cloud-computing providers' 2025 capital expenditure could rise more than 50% amid accelerated AI...
2025-05-06 11:08:29 +0000 UTC View Post
Fantastic earnings across all metrics and EPS beat by +65% above estimates. The YoY growth numbers were mind boggling and $HIMS continues to exceed expectations and deliver on their projections. 2025-05-06 11:04:55 +0000 UTC View Post
$PLTR reported yesterday and EPS hit its target and revenue beat by +2.5%.
Yoy growth and margins were still good but there was significant lack of wow factor from this earnings.
And c...
2025-05-06 10:57:40 +0000 UTC View Post
Reports after the market closes today.
We can see that $O's entire move has also originated since the 2009 GFC now at $13, went as high as $82 in 2020 but has fallen in a corrective manner si...
2025-05-05 19:33:52 +0000 UTC View Post
$HTZ jumped mid april after it was revealed that Bill Ackman bought a significant stake in the struggling car rental company
Price jumped from $4 to $9.30 on this news and is now pulling back...
2025-05-05 19:23:07 +0000 UTC View Post
$ONON is at an important spot right now as it tests the 200 Day MA having broken above the 50 Day MA last week.
The 200 Day MA is at $49.60 now so a break and hold above this level and the ne...
2025-05-05 17:54:48 +0000 UTC View Post
Is due to report their earnings on Weds, price is down today as output is expected to increase shortly and concerns that a recession will reduce demand.
The price action has already tested th...
2025-05-05 17:51:08 +0000 UTC View Post
$SOL like $ETH has been showing signs of reversing now after two strong pull backs over the last few months.
I have added in the small white fib support levels if $SOL loses the blue support ...
2025-05-05 15:06:09 +0000 UTC View Post
$ASTS is on the higher risk scale as they have very little revenue but their moat is strong......and very strong, which is why I am keeping this at the forefront of your thinking right now.
I...
2025-05-05 13:47:35 +0000 UTC View Post
Just as an observation and I get obsessed with the positions I own, here is another chart on $NVO.
I uploaded one earlier too but the Fib support levels I used on that chart were taken from t...
2025-05-05 13:12:03 +0000 UTC View Post
While the masses got distracted by earnings last week, the US 10 YR retested the wedge support level, the 200 Day MA and the 0.618 Fib and held and today is bouncing.
This is not what a bulli...
2025-05-05 12:56:54 +0000 UTC View Post
TWEET:
$LVMHF another stock in its full economic cycle since its 2009 GFC low at $49 and climbed as ...
A lot of people got excited about this ticker in November when it went parabolic and we did not entertain it.
Because with all parabolic moves, the reverse is just as harsh and $LMND is no di...
2025-05-05 11:47:31 +0000 UTC View Post
The impulse wave is messy here but still valid.
Price pulled back very steep to in between the 0.5 - 0.618 Fib range and went as low as $230 but did not infringe upon the top of Wave 1, so W...
2025-05-05 11:38:10 +0000 UTC View Post
I have started a position in $NVO on Friday and bought at $68.
Remember we don't aim to buy the bottom, you can not confirm a bottom and the potential bottom here was at $57....and was not on...
2025-05-05 11:19:57 +0000 UTC View Post
This is ideally what we want to see next, a small 3 wave abc pull back to the 0.38 Fib at $5.13 and holding.
The 200 Day MA is exactly at $5 right now, so it cuts in between the 0.38 fib and ...
2025-05-05 11:12:02 +0000 UTC View Post
No changes to the chart or commentary.
$PLTR has come very close to testing its previous high but has not been able to do this yet in the PM.
Chart is still valid and Wave B can have n...
2025-05-05 11:07:23 +0000 UTC View Post
It is Earnings Day and we got the strong run leading up to earnings.
Two big points to make:
- We have 5 waves up, which means it is the start of a new impulse wave, this is what we wa...
Succession Announcement
As I shared under the $QQQ and $BTC charts this evening, all three positions have held exactly at their respective resistance levels to end the week.
Like I said under their charts too, this ...
2025-05-04 19:33:13 +0000 UTC View Post
$QQQ and the $SPY finished exactly at the 50 WMA to end the week.
Are we surprised that the price action finished at this level this week? history has shown that a retest of the 50 WMA does t...
2025-05-04 19:16:35 +0000 UTC View Post
The flawless chart continues to impress and move as expected.
Price is now above all important moving averages and continues to move higher in a controlled manner.
Next test for me will...
2025-05-04 19:09:16 +0000 UTC View Post
Very little I can add here that has not been said already and I uploaded this chart again during the week to show that the price held very well on the 200 WMA and now above the 50 WMA and the 0.618...
2025-05-04 19:07:13 +0000 UTC View Post