It does appear that $DIS is starting to turn a corner now after finding support on its last Fib support level at $83, just above the Buy Zone.
Price is also bending at the top of this recent bounce too, so I have added in the green fib level...
2024-08-25 04:13:36 +0000 UTC
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$BABA has had a great week and month, in spite of its 2 hr scare post earnings before the market opened.
Moving bullishly in an impulse wave, making higher highs and higher lows, any pull backs are getting bought up in the next trading sessi...
2024-08-25 04:08:36 +0000 UTC
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Another stock that started to lose its bullish momentum by the end of the week and as it approached its 50 Day MA, so we could see a retest of the 200 Day MA next at $171, a test and hold of support here and I believe $AMZN can push higher to the ...
2024-08-25 04:04:11 +0000 UTC
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We can clearly see here that the 200 Day MA has been a resistance level for $AMD, as we lead into a big week for the Semi and Tech sector....and indeed the market when $NVDA reports on Wednesday after the close.
We anticipated this resistanc...
2024-08-25 03:58:19 +0000 UTC
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$ABNB remains at the top of my buy list right now and I like how there has been a test of the 0.5 Fib green level at $114 this week too, support is not confirmed just yet, as we have not seen a higher high or higher low next, so I will wait for th...
2024-08-25 03:54:21 +0000 UTC
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As the week ended, we started to see some bending at the top of many charts as Powell finally revealed that it's time to reduce rates, this will likely come as no surprise to anyone, especially as there were 'emergency' calls for a rate cut at the...
2024-08-25 03:51:21 +0000 UTC
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$BTC has broken above the 200 Day MA now and the 50 Day, after the pull back held on the 0.5 Fib, so I have provisionally added in the impulse green wave now if $BTC can get beyond the persistent $69,100 resistance level.
We can see tha...
2024-08-25 03:47:18 +0000 UTC
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Testing its 50 Day MA this week and so far is being met with some resistance so I have added in green fibs to show where support can come if a pull back is needed before it can go higher.
Bulls need to get the price above the 50 and 200 Day ...
2024-08-23 19:47:31 +0000 UTC
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Bouncing now on the 50 and 200 Day MAs and the 0.618 Fib, with the HSI and the US market enthusiasm
If the HSI and the US market continue this climb into next week then $YINN will benefit from this and a route back to the blue line at $30 i...
2024-08-23 19:43:13 +0000 UTC
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I added $BTC and $COIN today and yesterday to show that if $BTC can break out and hold above its moving averages, then $COIN can move higher with it....this has happened today. I would still like to see the $62k level be converted to support and t...
2024-08-23 19:37:21 +0000 UTC
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A fantastic company and a fantastic chart
Higher high has now been made now which confirms the upward trend, so any pull back now, especially to the 50 Day MA which is exactly at the First Target at $40 should be considered as a position to ...
2024-08-23 16:57:26 +0000 UTC
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$VICI has now broken out of its channel, retested the breakout level at $31.30 and now bounced.
I think since Powell has confirmed that rates will be cut, this will relieve some pressure for the housing sector and this will continue to move ...
2024-08-23 16:37:38 +0000 UTC
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$NIO is testing the top of its channel once again today at $4.15, with the 50 Day MA at $4.33.
I think we are all aware what needs to be done here by the bulls, a breakout and converting the 50 Day MA to support, before making a move up to t...
2024-08-23 16:25:52 +0000 UTC
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One of the big issues for $SHOP right now is the very large gap it left behind post earnings, which would close at $54.88....which is also very close to the 0.78 Fib.
This is the daily chart and we have been using the weekly chart lately to ...
2024-08-23 16:09:49 +0000 UTC
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Some positive enthusiasm after Powell spoke today, when he indicated that the 'time has come' to Rate Cut, which I don't believe is a surprise by anyone if it starts in Sept.
The question really is, will it be 25 BPS or 50BPS
I think 2...
2024-08-23 15:56:21 +0000 UTC
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$ETH has not been testing its 50 or 200 Day MA but it has pulled all the way back to its 0.618 Fib at $2106 at the start of August which is why I believe that in terms of R v R, $ETH has a better set up right now than $BTC and I also continue to l...
2024-08-23 15:51:36 +0000 UTC
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$RKLB continues to do the right things and have brought a former Lockheed Martin Exec onboard now, which is certainly a bullish add.
He will know how to secure more government contracts and bring them to the next level.
Chart has not c...
2024-08-23 11:08:06 +0000 UTC
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$HIMs started the day off strong yesterday and went up +5% after analysts gave a bullish review and a PT of $24, which we spoke about yesterday
And then came the market sell off, over concerns which way Powell will go today and the gains wer...
2024-08-23 10:32:19 +0000 UTC
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Reported yesterday and gave a surprise beat by 52% on their earnings and the share price jumped +40% at one stage.
There is also no changes to this chart since the last one I uploaded
We can see that the wedge broke out at the start of...
2024-08-23 10:27:44 +0000 UTC
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Remember the market will always reward patience
Many probably wanted to add $CELH when it tested $35 and then got discouraged when it started to run up to $43 but pull backs always come and we saw how quickly sentiment can change yesterday a...
2024-08-23 09:07:49 +0000 UTC
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$BTC has tested the 50 Day MA again today as we wait for Powell to make an announcement
If the market takes this information as positive then $BTC can burst through this resistance level and can make a run up to the $69,100 level
The p...
2024-08-23 09:00:40 +0000 UTC
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We were watching for a pull back for Subwave 4 after testing the 1.618 Fib for Subwave 3 at $29.91, the pull back came down to the 0.38 Fib at $28.91 and tested and now bounced, textbook here so far.
Let's see if Silver can make an attempt a...
2024-08-23 08:55:59 +0000 UTC
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Again, no changes to this chart since June and it has been moving in an impulse wave and continues to move higher in Wave 3.
News has dropped this morning that $BABA has changed their status on the Hong Kong exchange which allows mainland Ch...
2024-08-23 08:51:40 +0000 UTC
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$DELL is also showing some resistance at the $110 level and could also pull back in between its 0.5 - 0.618 Fib levels between $99 - $96 before $NVDA releases their earnings next week.
There are no changes to this chart since the last one we...
2024-08-22 17:48:34 +0000 UTC
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FDA has just approved a vaccine for $PFE and $MRNA
This may be the catalyst that $PFE needs to break away from its 0.618 Fib at $28
I have been impressed with how well it has been holding above this level and the 200 Day MA
Impul...
2024-08-22 17:41:33 +0000 UTC
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Market is taking a breather today and observing the chart it looks like a simple retest of the 50 Day MA from above, $574 has not quite hit yet, so I still expect this to happen.
Holding above this level and the bulls are in the driving seat...
2024-08-22 17:29:23 +0000 UTC
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$TSLA continues to test the trend line perfectly for 3 days now and so far has given a rejection at this level today and a lower low on the smaller hourly time scale is now in
I think the bulls can still make another attempt at this resistan...
2024-08-22 17:23:22 +0000 UTC
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$TGT got its post earnings euphoria bounce yesterday, which is exactly what it deserves as an undervalued position
We said yesterday to wait for the pull back if you have not already bought and looks like we are getting the start of the pull...
2024-08-22 17:18:00 +0000 UTC
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Market selling off today after a very strong run for two weeks, one week to go until the $NVDA earnings so a breather now before that report sounds about right
Also is in line with our last upload for $AMD, where we have already set the gree...
2024-08-22 17:12:14 +0000 UTC
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I am certainly interested in this pull back, same chart as our last upload with the green Fib levels showing support.
If we can get a hold between the 0.5 Fib and 0.618 Fib between $113 - $115 then I will add.
Failure to hold this leve...
2024-08-22 17:05:56 +0000 UTC
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