A number of people were looking for this yesterday and likely need reassurance that this is still moving in the right direction and we can see that it is.
$CELH impressively held above the 200 Day MA during the entire time that the market wa...
2025-04-16 12:42:44 +0000 UTC View Post
I think $SHOP is struggling here because of the Tariff War, they make a lot of their money from small business selling products through $AMZN and a lot of these products are sourced in China and Asia, this is not all they do but it is a part of th...
2025-04-16 12:40:01 +0000 UTC View Post
Silver continue to push higher and recovery very strong, showing how great that opportunity was 2 weeks ago when it pulled back to $28.
Price is now back above the blue support line, the 200 Day MA and the 50 Day MA.
And routing toward...
2025-04-16 11:05:58 +0000 UTC View Post
$AMD's bounce is slightly different to that of $NVDA, it bounced in 1 wave and has not made a higher high yet, so the pull back now we are looking at may be Subwave 2, so I have added in the small green fib levels to show where a higher low can co...
2025-04-16 11:02:59 +0000 UTC View Post
$NVDA chart is similar to what I have just explained on the $SPY chart.
Price is down -5.5% in the PM now too, in $NVDA's case, a break below $94 and the Wave B bounce breaks down and a lower low would likely be made next, I would still have...
2025-04-16 09:47:54 +0000 UTC View Post
This is the same chart I shared last and we have been expecting a higher high next to complete Subwave 5 next at the 200 MA on the 1hr....and then pull back to complete an ABC pull back to a higher low at $510.
Trumps announcement towards $N...
2025-04-16 09:44:46 +0000 UTC View Post
Since we have looked at a lot of deep value positions today and lately, it is only right that we share the $EL chart once more.
It has made it all the way down to the $50 level which we have highlighted as a downside risk for some time now a...
2025-04-15 20:02:22 +0000 UTC View Post
A lot of people looking for this chart and I haven't looked at it for some time so when I brought it up I am kind of surprised why so many people wanted an updated when there is clearly no need for an update, there are no changes here
Price ...
2025-04-15 19:57:10 +0000 UTC View Post
$GOOG has bounced up to the 200 MA on the 1hr chart, in an overlapping 5 wave bounce
And has started its pull back today, so I have added in the green fib support levels to show where a higher low can come in next.
I believe $GOOG is s...
2025-04-15 19:43:54 +0000 UTC View Post
Tariff War has taken its toll here on $LULU and the price has pulled back for a double bottom test so far.
This is an ABC correction for us and typically Wave C makes a lower low below the bottom of Wave A, so we can not rule out this happen...
2025-04-15 14:52:12 +0000 UTC View Post
$AAL fundamentals and balance sheet are not as strong as $DAL and $UAL and that is why the price is down to its 2008 level now.
That being said, the pull back since 2018 has been harsh and unforgiving.
Price has tested the last Fib sup...
2025-04-15 14:26:44 +0000 UTC View Post
Illustration showing how a 3 Wave pull back for Wave A can still complete as an ABC correction overall.
So far the $SPY has pulled back in 3 waves, this much is clear.
Leading many to believe that a higher high can be made next and the...
2025-04-15 12:27:11 +0000 UTC View Post
Sharing this again because we do have members in this group who believe we are in this count and I am not going to dispute them on this because I can see their reasoning.....the main difference between the two views is where Wave 1 started....many...
2025-04-15 11:36:51 +0000 UTC View Post
I am sharing a lot of deep value positions this morning because we need to remember what we are here for
We are long term investors and should be taking advantage of strong companies that are completing their economic cycle and offering valu...
2025-04-15 11:29:32 +0000 UTC View Post
We know that $KO has been performing very well during this market sell off this year and we choose $KO instead of $PEP when we put together the Top 10 list for 2025 to weather a market storm.
But now that $PEP has pulled back to the 0.618 Fi...
2025-04-15 11:23:23 +0000 UTC View Post
$LVMHF is also deep in Wave C territory and is still searching to confirm support, with the price action battling on the 0.5 Fib at $573 now for support.
The price action is also in a bullish descending wedge which is on a lot of charts righ...
2025-04-15 11:07:07 +0000 UTC View Post
$TGT for me is starting to move into that territory that it is too difficult to ignore at this price.
It is now deep into Cycle Wave C territory where this entire structure originated at the GFC low in 2009.
Price action is also in bet...
2025-04-15 10:55:57 +0000 UTC View Post
$ACHR is still in a good position here in this descending wedge and keeping with the dimensions nicely.
Price has held above the 200 Day MA and bounced on this MA too
Price is also back above the 0.618 Fib now too and testing the upper...
2025-04-15 10:48:21 +0000 UTC View Post
Observation found today on the Monthly chart with the MACD indicator.
$SPY chart has not changed in 9 months.
The Monthly MACD is...
2025-04-15 10:31:22 +0000 UTC View Post
$HIMS have announced this morning that they will report their Earnings on the 5th of May after the Market closes.
Yesterday was another comfortable day with solid price action and strength.
Price continues to hold above the 200 Day MA ...
2025-04-15 10:22:58 +0000 UTC View Post
$BTC is above its 50 Day MA and routing to its 200 Day MA now at $87.6k, this is also the bullish channels breakout level too.
However, the bounce from $74k to $87.6k is only 1 Wave for me and a pull back after testing the 200 Day MA makes t...
2025-04-15 10:07:44 +0000 UTC View Post
$MOS is once again back at the channel top line at $26.80 but this time the 50 and 200 Day MA are at this top line too, making this a strong confluence level
The good news is that if the bulls can flip this level to support and hold above $2...
2025-04-14 19:55:05 +0000 UTC View Post
The bounce since $481 has been complex, the waves are overlapping which is more aligned with being a corrective bounce but since it can also be the start of a new impulse wave, waves are allowed to overlap and this is known as a leading diagonal.<...
2025-04-14 19:43:25 +0000 UTC View Post
Back to 30 now on the amber line
Market is showing some calm and optimism that a deal can be made
Also showing that the market is getting either a little numb to all the chatter of tariffs and confidence that the place has not collaps...
2025-04-14 14:51:06 +0000 UTC View Post
Yes it got caught up in the Tariff mess in spite of having very little to any exposure to tariffs or the US.
Price fell to $73 and has already recovered back to the 0.78 Fib at $84.
And still in the channel, I believe we can move back ...
2025-04-14 14:08:50 +0000 UTC View Post
If you added at the standard support level on the 0.618 Fib and the 50 WMA at $30, then you were on the ball here.
This was a strong confluence level and looks very good now that Primary Wave 2 is complete.
Therefore the Primary Wave 3...
2025-04-14 13:04:34 +0000 UTC View Post
$ASML and $AMD are just about identical right now.
Both below their 200 WMA and holding in between their 0.618 - 0.78 Fib range.
They have also not been following the market to ATH's in 2025 either.
I believe exposure to either $...
2025-04-14 12:40:42 +0000 UTC View Post
This is certainly a high risk play but $JBLU as it is touching on its 2009 GFC low level at $3's.
A brand as strong as $JBLU at this level is quite remarkable, yes there has been weak management over the last few years and their acquisition ...
2025-04-14 12:28:22 +0000 UTC View Post
Who would have thought that a cult following energy drinks company was one of the best hedges against the market over the last month.
But it had pulled back deep to its 0.78 Fib in Feb, so its ABC correction was likely complete.
So it ...
2025-04-14 12:18:06 +0000 UTC View Post
The $DELL chart is as standard as they come.
5 waves up, 3 waves down and holding on the 0.618 Fin at $76.
The clear message right now: You are still early
And still early with $AMD and $ASML too.
A higher low next here and...
2025-04-14 12:14:18 +0000 UTC View Post