Solar ETF has been beaten up and an ETF that we have never been bullish on but I do think there is potential growth in this sector but it is surprising how long it is taken the market to fully adapt to this.
The price is now at the 0.78 Fib,...
2023-11-10 13:15:24 +0000 UTC
View Post
Glued to our projection here, price has also come down to the 200 Day MA where we had Wave 4 set and has so far found support, which was also on the trend line which has been in place for the last 10 years.
A further bounce here and we can c...
2023-11-10 13:09:03 +0000 UTC
View Post
No changes to our chart here since July, it continues to follow our chart and it also handled the market slump very well over the last few months.
It found support on the 200 Day MA and has bounced since. It is also only a few dollars away f...
2023-11-10 13:04:36 +0000 UTC
View Post
$WDFC moving with the market too and also found support on the 200 Day MA at $194 for Wave 4 and has bounced too, a pull back is also needed here before it can go higher, so watch for the 50 Day MA at $206 for a potential support line, as the 1 Fi...
2023-11-10 13:01:13 +0000 UTC
View Post
We get fixated on $NIO but sometimes forget to look at other EV companies in similar growth stages, $PSNY is one of them.
$PSNY From a high of $16 to a low now of $2
$LCID from a high of $65 to $3.5 now
$RIVN from a high of $180 ...
2023-11-10 12:40:10 +0000 UTC
View Post
I have been watching oil prices moving and in spite of the conflict in the Middle East, the price has barely moved from its trajectory.
For the entire year, the price held at the 0.5 Fib level which was also the 200 Day MA on the weekly char...
2023-11-10 12:28:46 +0000 UTC
View Post
This is my Bullish projection for Gold, if it can break above $2080.
We can see that Gold has tested the $2080 three times now in 2020, 2022 and 2023....all in the Spring time.
It has rejected three times getting above this level.........
2023-11-10 12:18:13 +0000 UTC
View Post
Red day for the market, extra red day for EV's and tough day for $NIO yesterday.
That being said, 5 waves up, followed by 3 waves down is clear here.
The price action since breaking out of the wedge has strictly followed the Fib levels...
2023-11-10 11:55:40 +0000 UTC
View Post
$DNA's earnings was a miss, it was also a very disappointing -75% miss on earnings too.
Please do not try and sugar coat this....there is positives and negatives in all reports and the CFO will always put their best foot forward but it is do...
2023-11-09 20:20:48 +0000 UTC
View Post
$LUV like all airline stocks is feeling the pull back today.
This is what we have been waiting for here too, the pull back needs to make a higher low at the white fib levels shown, 0.618 Fib at $22.84 is the ideal area where $LUV needs to fi...
2023-11-09 20:16:19 +0000 UTC
View Post
I uploaded the $SPY chart twice yesterday to show that I am seeing signs of a pull back, first the rejection at the $436 level which is the 1 Fib and the same level where we saw a number of rejections in October (white circle).
Also showed a...
2023-11-09 19:46:30 +0000 UTC
View Post
$ETH has reacted very well since breaking out of its bullish flag now and it on track to test the previous high from April at $2140.
No changes to the chart and we have Wave 3 at the 1.618 Fib at $2956 as always.
Holding support above ...
2023-11-09 17:14:50 +0000 UTC
View Post
I am curious to know what everyones thoughts are here.....I do not live in the US and can not grasp the enormity of the backlash towards $TGT for 'going woke' and selling those incredibly distasteful LGBT clothes targeted for kids, but it looks li...
2023-11-09 17:03:50 +0000 UTC
View Post
$ADYEY fell all the way down to our Wave C level at $6.45 within 10 cent and has bounced aggressively on this line.
There is still an enormous amount of work for $ADYEY to do to start showing strength again but it is off to the best possible...
2023-11-09 16:11:29 +0000 UTC
View Post
Is in a bad way here and has been in this downward channel of doom since $220 at the end of 2022.
The price has come all that way down to the 0.887 Fib, which as we know is the last Fib level of support, this is taken from the $11 low and th...
2023-11-09 16:02:41 +0000 UTC
View Post
$ADA has been rocketing and is on a fast track route to the $0.42 blue line, which would mean a 100% jump since its low in June.
I have only been adding this since $0.30 at the start of this month but already up considerably.
I want a ...
2023-11-09 15:44:52 +0000 UTC
View Post
$COIN has bounced hard at our Wave 5 spot and at the 200 Day MA, up from $72 to $97 now.
$BTC hit an 18 month high today and a lot of the crypto stocks are soaring too.
$MARA, $RIOT and co are also up impressively too.....so $COIN is l...
2023-11-09 15:38:33 +0000 UTC
View Post
Tough few days for $SOFI and after the rejection at our blue line, followed by a rejection at the 50 Day MA, it was hard to see this moving in any other direction....bulls needed to step in and they haven't, while $SQ and $PYPL have started their ...
2023-11-09 15:31:26 +0000 UTC
View Post
HSBC's timing to start its coverage of $TSLA is questionable.
Just as $TSLA was battling to regain its 200 Day MA, it released a bear target, -35% less than its current value down to $146.
This would imply a move down to below the impu...
2023-11-09 15:26:01 +0000 UTC
View Post
Having a difficult time getting above $8 at the 0.38 Fib level, it has just been moving sideways since Tuesday within the 0.38 Fib and the 0.618 Fib at $7.69.....this is neither good nor bad....but the main thing for me is that this is above the y...
2023-11-09 15:20:26 +0000 UTC
View Post
Earnings after the close today and what have we got here?
Another stock, right at its 0.618 Fib, after completing 3 waves down since topping out at Subwave 1 at $10.74, leading right into the earnings report.
$MARA is in a good positio...
2023-11-08 19:29:43 +0000 UTC
View Post
At the start of the day, I showed a little ascending wedge on the 1hr chart, which is usually met with a breakdown as it is a bearish indication.
That is what we got and we can also see that $SPY has rejected at this green line, which is the...
2023-11-08 18:58:53 +0000 UTC
View Post
I added $FSR today, the price here compliments my average and I am willing to buy lower.
THIS IS NOT A BUY ALERT.
This is an announcement that I have bought because I am a long term investor.
2023-11-08 18:36:47 +0000 UTC
View Post
Good exercise yesterday, where we showed and explained that if a stock bounces up in 3 waves, it then moves lower next, to a new low and moves down in 5 waves the majority of the time and this has happened again today.
This is now confirmed ...
2023-11-08 18:34:41 +0000 UTC
View Post
For the last few months we have been monitoring $AMD and $TSM very closely, and we think that both of them will continue pushing higher over the next few years.
We decided to buy $AMD because the chart looked stronger but still believe $TSM ...
2023-11-08 18:14:07 +0000 UTC
View Post
Earnings after the close today and the decline today means that it has completed 3 waves down since topping out at $1.70, the price action also pulled back to the 50 Day MA right now and is sitting between the 0.5 - 0.618 Fib.......how many times ...
2023-11-08 17:56:07 +0000 UTC
View Post
We are officially a year old now and I want to do something for all members who have stayed with us and continue to focus on Long Term Investing.
TIER 1 - Access to all uploaded Technical Charts $37/month
TIER ...
2023-11-08 16:39:22 +0000 UTC
View Post
Taking a hit today but you need to remember that this has ran from $13 to $18 very quickly and a pull back to the 50 and 200 Day MA at the same spot is not a bad thing to see here.
So far the green impulse wave is valid here as Wave 4 has no...
2023-11-08 16:11:00 +0000 UTC
View Post
May be the most behaved stock on the market.
It offers no surprises, no pumps, no squeezes just simple structures and it is a chartist dream.
I have shown before how well this has bounced on the 200 Day MA to complete Wave 4 and I beli...
2023-11-08 16:00:34 +0000 UTC
View Post
$DIS reports after the close today and it is in a very neat inverse Head and Shoulders pattern going into this report.
So the market is prepared to take advantage of a positive report an push this higher to $92.
Bob Iger is at the helm...
2023-11-08 15:51:12 +0000 UTC
View Post