$CURE is firmly on my priority list right now, along with $PLTR and $ABNB.
It is in a bullish formation and we are beginning to see the start of a pull back here, I would like to see a move down to at least the 0.38 Fib, where the price shou...
2024-01-17 15:45:27 +0000 UTC
View Post
We spoke about the potential for a rejection at the blue line when we uploaded this last on Sunday and we can see clearly a rejection at the blue line to start the week now.
I think the pull back will continue to the 50 Day MA at $393, just ...
2024-01-17 15:30:55 +0000 UTC
View Post
$GOOG continues to hold very well and logging higher highs and higher lows.
I have added in the yellow support line, we would like to see $GOOG stay above this line to maintain its upward trajectory.
So far we are seeing a retested of ...
2024-01-17 15:23:58 +0000 UTC
View Post
Continues to move in a controlled ans structured manner and respecting the Fib levels to the highest of standards.
This is what we like to see, we can not do much about a stock does not do this but we can take full advantage of a stock that ...
2024-01-17 15:18:07 +0000 UTC
View Post
We are seeing signs of capitulation in the Chinese market at the moment and Chinese ADRs are really feeling it today.
This will continue to trigger people to sell and that is what we are seeing in the PM now, down another -5% after a difficu...
2024-01-17 11:41:00 +0000 UTC
View Post
Hang Seng is down -3.7% now and really struggling, it is looking like it will test its low shortly and support needs to be found soon.
The stimulus measures from the Chinese Government have not calmed the market either yet.
Chinese Eco...
2024-01-17 11:33:45 +0000 UTC
View Post
A lot of weakness in the market this morning, across the board and particularly with finance and Chinese stocks.
This is when you will be tested, to hold your nerve and not get triggered.
We have been in this situation many times befor...
2024-01-17 11:09:47 +0000 UTC
View Post
This is moving very fast and completed Wave 5 and has pulled back in 3 waves all in 2 months, so there is some volatility here but the movements are still showing clear counts and we can see that the price tested the 0.618 Fib today and mana...
2024-01-16 23:59:31 +0000 UTC
View Post
$SOFI lost its blue line support and the bulls battle hard to stay above this level, surving 3 tests of this level too but eventually lost the support line and the then the 0.618 Fib today.
Down to test the next Fib level at 0.78 now at $7.2...
2024-01-16 23:48:32 +0000 UTC
View Post
$RKLB is flirting with the 200 Day MA here but still moving in a bullish move and making higher highs and higher lows.
If the price can stay above the middle blue line at $5.69 then we can start to see a move up to Wave 3 here at the 1.618 F...
2024-01-16 21:13:43 +0000 UTC
View Post
$COIN is still holding the 50 Day MA and staying above the 0.5 Fib at $128 and not invalidating the impulse wave by infringing on Wave 2.
I can see 3 very clear abc waves in this pull back, so as long as the levels above are holding, this ca...
2024-01-16 21:09:25 +0000 UTC
View Post
A number of people have been asking about this chart and I can see a lot of chatter about it online too.
It is a Chinese Bull 3 X Leveraged ETF.
It has been massively suppressed for the last few years as the Chinese market has been pul...
2024-01-16 21:02:29 +0000 UTC
View Post
Tough day for $NIO and tough day for the EV sector.
So we need to try and identify where the bleeding will stop, until this happens we can not count the next phase and we can not assume that another impulse wave can be started here, losing $...
2024-01-16 20:53:43 +0000 UTC
View Post
You know the sector is under pressure when $LI is dumping and experiencing relentless selling for the last 2 weeks.
$LI has been executing production and sales to a level that $NIO can only dream of and although it is a hybrid company, it is...
2024-01-16 19:15:00 +0000 UTC
View Post
Slight pull back today in the market but not seeing signs of a new impulse wave being formed yet, so I still expect a new low to be made here.
$PLTR has been moving quite well and in a controlled manner, I think Wave 2 is close to completing...
2024-01-16 19:08:03 +0000 UTC
View Post
Showing strength today on a mixed day for the market.
Continued its bounce on the 0.38 Fib and the 200 Day MA today and moving to the top of the trend line now at $92 exactly
A flip of this level to support and this is in a good positi...
2024-01-16 19:05:26 +0000 UTC
View Post
Another nice rejection here trying to get above the previous high and now we have a double top here for $DAL and the price is sitting on the 0.5 Fib right now at $36.70.
Down -20% since their earnings now.
I am waiting for support to c...
2024-01-16 15:49:22 +0000 UTC
View Post
We saw a number of stocks sinking at the opening but happy to see the confirmation from $ABNB that it has now rejected at the 0.236 Fib at $141 for Wave B completing and is moving down in Wave C now.
The next Fib is the 0.5 Fib at $131 but s...
2024-01-16 15:24:46 +0000 UTC
View Post
First chart from June, showing a jump form $16 to $25, this hit our second target at the end of December.
The price action for the last 12 months has not been pretty and some erratic movements, especially in June but since then it has moved ...
2024-01-16 13:16:21 +0000 UTC
View Post
$7 is getting tested in the PM and I suspect there will be a flush at the opening and I would find it extraordinary if $NIO was able to hold $7 level today, with the weakness shown in the US and China market to start this week.....coupled with Elo...
2024-01-16 13:00:37 +0000 UTC
View Post
All eyes will be on $SPY this week to see if it can test or even break above its All Time High line at $480.
Although many believe the market has been weak this year, this is simply not true, it is about to make an new ATH....what has been w...
2024-01-15 21:05:53 +0000 UTC
View Post
$QQQ has not made a higher high just yet and finished the week on the previous all time high level.
It remains to be seen whether or not Wave 2 is complete now.
The pull back from $413 to $395 is not a significant pull back for Subwave...
2024-01-15 20:57:50 +0000 UTC
View Post
This pull back since $265 has been relentless and has heavily influenced the EV sector, dragging down all EV's in the sector and even BYD, which has now overtaken $TSLA as the leading manufacturer of EV's in the world is not looking bullish either...
2024-01-15 20:52:12 +0000 UTC
View Post
As always, a lot of interest in $PYPL which is why we are uploading this chart every day, a lot of members have $PYPL as their largest position and although there is every possibility that this could reject at the 200 Day MA again at $64, people l...
2024-01-15 20:47:57 +0000 UTC
View Post
$NKE continues to hold the 0.618 Fib, this Subwave 2 is a little unorthodox because it happened very quickly but on the 1hr chart, there is a clear ABC correction, so there is potential for this Wave 2 to be complete now which is why I suspect tha...
2024-01-15 20:44:29 +0000 UTC
View Post
In last weeks $MSFT update, I was very bullish on $MSFT and said that a bounce was coming, possibly the easiest money you could make this week....along with $GOOG and that is what happened.
Broke above the previous high and that solid hold a...
2024-01-15 20:25:46 +0000 UTC
View Post
$INTC price action is a combination of $ABNB and $AMD here and it does correspond to what I mentioned under the $AMD chart this evening.....if there is weakness in this sector due to the Taiwanese elections, this may pull back for Wave C next and ...
2024-01-15 20:21:46 +0000 UTC
View Post
$GOOG has been a terrific buy for us since we entered at $132 and continues to look very bullish and wants to run to its all time high line at $152.
I believe this will be no issue and will go as far as $160 to complete Wave 5.
I am no...
2024-01-15 20:18:38 +0000 UTC
View Post
Pulled back to the 0.38 Fib during the week but bounced and finished the week exactly on the yellow trend line.
I do not see any issue with another pull back again to the 0.5 Fib, which is also the 50 Day MA before bouncing and recapturing t...
2024-01-15 20:14:56 +0000 UTC
View Post
$DIS fought all week to maintain the 0.38 Fib at $89 and although it dropped slightly, it recaptured the 200 Day MA and the 0.38 Fib at $89 immediately and is still in a bullish set up, where Wave 5 completes at the Top red line.
I do not se...
2024-01-15 20:12:35 +0000 UTC
View Post