$DIS TOP 20
I believe $DIS has really struggled here and we can see the price action is now aligning with the structure since the GFC in 2008
The low from 2009 to the high in 2021 is the large impulse wave and now we clearly have a corrective wave
I believe $DIS has really struggled here and we can see the price action is now aligning with the structure since the GFC in 2008
The low from 2009 to the high in 2021 is the large impulse wave and now we clearly have a corrective wave
$BTC appears to be holding relatively well against the US market right now but their declines from their peak are in line with each other.
It has also been less harsh and slower, as this pull back started in December which has allowed the 20...
2025-04-06 18:25:35 +0000 UTC View PostNo surprises here from $BABA
The Buy Zone has been on this chart since Feb and the retest of the 200 WMA has always been a possibility and many were hoping the price would pull back to this range after $BABA ran fast up to $148.
So we ...
2025-04-06 17:47:48 +0000 UTC View PostI added $AMZN on Friday for a few reasons
I like the strong pull back so far in between the 0.38 - 0.5 Fib range, which is standard for a Wave A pull back
I believe it is the strongest Mega Cap in the market
$AMD has not surprised anyone lately and is still searching for support
It is one of those companies that I believe should be added to once support is found and held, with the intention to hold for long term
$HIMS, $BABA, $BIDU, $SOFI,...
2025-04-06 17:39:14 +0000 UTC View Post$ABNB is not a buy right now on this dip.
We have a death cross and a lot of negative sentiment towards the US and travel right now.
$100 level looks very obvious for a test next so no rush in here until there is a solid support confir...
2025-04-06 17:36:02 +0000 UTC View PostA lot of the Mega Caps look destined to test their 200 WMA as part of this corrective pull back and any of these companies at or below their 200 WMA is a an opportunity to me.
$AAPL hit a low of $187 this week and the 200 WMA is at $177, $GO...
2025-04-06 17:32:52 +0000 UTC View PostWeds has $DAL
But all eyes will be on Friday for Banks Earnings and most importantly their guidance.
2025-04-06 10:42:00 +0000 UTC View PostI have just been reviewing the price action of 2007 - 2009 compared to what we are seeing this year to gauge how things may move
TWEET:
Solid white price action is the 2025 performance Superimposed over the 2007-2009 Great Financial C...
2025-04-05 12:33:18 +0000 UTC View PostLower low has been made today to $71, price is down -10% today and Wave C is confirmed
I would expect the pull back to continue and at least a test to the next red Fib level at the 0.5 Fib at $65.
But if this pull back continues, we ca...
2025-04-04 19:31:42 +0000 UTC View PostManaged to find support exactly on the bottom blue line at $13.76 at the exact same time that Vietnam released a statement that they were committed to reducing the tariff difference to zero and they were in discussions with the US Admin
Inc...
2025-04-04 19:28:31 +0000 UTC View PostOK I need to share this.
This is the contrarian view on the market.
The main reason I am sharing this is that we have a 3 wave pull back since the Top in Feb.
Wave A typically has 5 waves in it, but I don't see 5 waves so far, I ...
2025-04-04 16:20:50 +0000 UTC View Post$PYPL is deep in the Buy Zone and consolidation range, price also tested the blue support line that has been in place since 2023 today.
$PYPL is high on my list to add next and I have no issue taking up a DCA strategy in this zone.
I w...
2025-04-04 16:02:14 +0000 UTC View Post$GOOG also at its 0.38 Fib today with the market and holding so far.
FED's comments were counter to Trumps views so the market will still be trying to digest this information
That being said, $AMZN has been recovering very well after e...
2025-04-04 15:57:55 +0000 UTC View Post$SOFI could not hold the 200 Day MA and moved down with the market sell off this week but has so far been holding at the 0.65 Fib which I am happy so far is just a standard pull back
Losing this level and the blue line comes into play at $8....
2025-04-04 15:44:55 +0000 UTC View PostPlan for the $QQQ as the $SPY approaches its 0.38 Fib
This may stop the $QQQ falling down a lot further if support comes in shortly for the $SPY.
So I am watching for the blue line at $408 and the 0.38 Fib at $389 as the potential supp...
2025-04-04 14:40:02 +0000 UTC View PostWe are above the amber caution level at 30, meaning the market is showing weakness, we are now closing in the on the 48 level which is not as common and has accounted for many strong pull backs over the last 16 years
But we have not reached ...
2025-04-04 14:14:52 +0000 UTC View PostHas lost the 0.618 Fib, along with many of the tech and Semi sector companies and is also looking set for a possible test of the 0.78 Fib level next at $525, unless the 0.618 Fib level can be recovered today to end the week at $651.
$NVDA is...
2025-04-04 13:55:16 +0000 UTC View PostAlthough there was a strong show of strength yesterday, the trend through the descending wedge has not changed, so members must be again reminded that the 0.618 Fib at $10.36, which is the standard ABC pull back level is still on the cards.
...
2025-04-04 13:47:48 +0000 UTC View PostWe are now only a few percentage away from the 0.38 Fib target, price is at $522 now and the target is $512.
This drop has been an incredibly fast and harsh, many will feel overwhelmed and that is understandable
It was this uncomforta...
Yields are down, bonds are up and now we have a clear break out above the 200 Day MA and once holding above this level at $92.60 and Wave 3 is confirmed for me, with a move up to the $101 level at the 1.618 Fib
And look how well the 2.618 Fi...
2025-04-04 13:33:01 +0000 UTC View Post$AMD has relatively been performing ok but has just lost the 0.78 Fib in the PM so far and does look set to test the yellow trend line that has been in place since 2018, the price here is at $82.
The Semi sector is getting heavily hit in spi...
2025-04-04 13:25:00 +0000 UTC View Post$ABNB is now dropping down in 5 waves after completing Wave C at $166, the $100 target is now firmly in $ABNB sights on the 0.78 Fib
We are seeing a lot of stocks drop down to their 0.78 Fib right now
We know the 0.618 Fib is the stand...
2025-04-04 13:20:37 +0000 UTC View Post$KO as a safe haven has been strong and impressure, Wave 4 held perfectly on the 0.38 Fib and has now bounced back up to the First Target again and has made a higher high now.
Holding above the First Target support level at $72 and $KO can c...
2025-04-04 13:16:56 +0000 UTC View Post$NKE is dropping hard and the next level is the 0.78 Fib support level at $46, the blue covid low level has been lost and the weak market sentiment has taken over here.
$46 will need to hold next or $NKE is in a lot of pain.
I believe ...
2025-04-04 13:14:13 +0000 UTC View PostSame set up as the $AMZN chart now, price is moving very quickly to the 0.5 Fib at $192 there, the 0.38 Fib got cut through very easily yesterday and now the blue support line has been lost in the PM now too.
$192 is the important level now...
China have responded with a 34% on all Imported Goods from the US now
We have a trade war.
Price is down to the $120 in the PM now which is just around the blue support line.
A strong reaction so far, so let's be open to the pric...
2025-04-04 10:36:30 +0000 UTC View PostPrice is already at $168 in the PM now and moving very quickly to the 0.5 Fib at $162, this has been a very strong pull back now for one of the strongest companies in the market, as I have said before, if this can happen to $AMZN then every compan...
2025-04-04 10:32:17 +0000 UTC View PostThere is a very large difference between Silver and the $SPY chart right now, the pull back here has controlled whereas the pull back for the $SPY has been fast and harsh. Silver is still up +6.5% YTD today, dwarfing the negative performance of th...
2025-04-04 10:27:47 +0000 UTC View Post