No changes here either but to highlight that the price action is approaching our Wave X point, it has held here a number of times before so the bulls will need to step in here again and show support.
2023-05-17 19:26:09 +0000 UTC
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No changes to the chart here but to highlight that we are getting close to the trend line and if we get a breakout above then the bull case is confirmed, very nice set up here and a company that I am a fan of, I hold their products as highly as $N...
2023-05-17 19:23:07 +0000 UTC
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I have just added a green impulse wave here, only because it is holding the blue line now, exactly where we expected it to and at our Wave 5 spot, so it is absolutely crucial that that blue line holds now.....if it can, it has every possibility to...
2023-05-17 16:43:44 +0000 UTC
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A chart I have not uploaded for a long time as it has been moving sideways since the start of the year, however it has held above our yellow trendline.
I am seeing a number of ascending triangles forming lately and there is certainly a large...
2023-05-17 16:30:56 +0000 UTC
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$SQ has been added to the $PYPL and $SOFI group, where they have been tied up in the financial issues and macro concerns but should be doing better.
All three stocks are looking extended now and trying to secure support. RSI here has gone be...
2023-05-17 16:26:16 +0000 UTC
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Very little to update here, the 45% jump on one day was of course met with the same decline, the important thing now is to see if it can find support above the previous low, if it can do this, the upside potential is still valid.
The RSI on ...
2023-05-17 16:12:43 +0000 UTC
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Moving nicely with our count, I still think there is one more leg down, it is hovering around the 0.78 Fib right now, I think it will come down to the 0.88 Fib which was the previous low, if it can hold support here, there is every chance it can m...
2023-05-17 15:25:00 +0000 UTC
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Nice structure here, pulled back and so far holding above the yellow trend line, more of this strength and we should see more upside, their earnings were very good, earnings beat by 44%. PE of 16 and net profit margin of 52%, this is solid company...
2023-05-17 15:03:26 +0000 UTC
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Slow, steady and holding support....the three S's I love. We can add in a 4th S here and that's structure. $ABNB is showing that now, right where we want it to as well, big test now coming up and that will be flipping the blue line from resistance...
2023-05-17 14:52:53 +0000 UTC
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$FSR you little flirt! Ascending triangle formed here into the blue line, a breakout above the blue line and this could potentially move very quick to the upside....of course we want structure here. So far, it is holding very well.
2023-05-17 14:45:35 +0000 UTC
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Continues to make people wait to decide which direction this wants to go. Earnings are released on the 8th of June, it may be trying to wait until then.
2023-05-17 14:40:47 +0000 UTC
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Following our count here, looking like a firm rejection at the 200 Day MA, where I had placed the Wave 4 target, likely see a move down now to complete Wave 5.
2023-05-17 14:39:03 +0000 UTC
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Halliburton continues its decline along our projection, remember this is part of an impulse wave, this pull back is very healthy, just below the 0.38 Fib now and next will be the previous low, once the previous low is triggered, this can signal th...
2023-05-17 14:36:46 +0000 UTC
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Has had an incredible run from $34 to $150 from April '22 to now. Wave 5 is starting to looking very extended and a parabolic move is clear here, we know this happens in Wave 5 and it is likely met next with an ABC count move down. The 1.618 Fib i...
2023-05-17 14:32:45 +0000 UTC
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The trend is your friend here, approaching the previous low and next will be the important 0.618 Fib level at $28.23. Failure to hold here and our corrective wave is in a strong position.
$AMD and $NVDA have remained strong while $INTC has s...
2023-05-17 14:10:52 +0000 UTC
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Nice bounce today and a breakout so far from the bull flag, it needs to hold above $34.70, it has had 2 fake outs already, so we need to be prepared for all eventualities, I have alerted a number of times that I have bought here and have added whi...
2023-05-17 14:08:18 +0000 UTC
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Nice start to the day here, possibly after Elons interview yesterday with CNBC where he said that $TSLA will likely start advertising soon....he did announce some warnings for the market, that in the short term, $TSLA is not immune from macro unce...
2023-05-17 14:05:23 +0000 UTC
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Knocking on the 200 Day MA now, the 50 Day MA is here too so this is an important line to flip, a breakout above here and we are back on course, a rejection here is not what we want to see, we are above the important blue line so far, so buyers ar...
2023-05-17 14:02:59 +0000 UTC
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$NKEs decline has concerned me, so I have evaluated the chart again. Although the initial subwave abc of Wave B was valid, as it had 3 perfect waves in it, it looks to have been part of a larger ABC count, as shown above. I am watching for the 200...
2023-05-17 14:00:57 +0000 UTC
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Pull back was very shallow, it does have 3 waves in it and so it is still valid but it is moving quite vertically now....is this a sign that it is approaching its top soon? it's certainly giving some indications.
It has gone above the previo...
2023-05-17 10:30:24 +0000 UTC
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I guided this up exactly and I'll guide the pull back too. Nice rejection at the trend line from Wave 5, a structured pull back now as expected and this will be in a strong position for more upside once its ABC count is complete.
A lot to be...
2023-05-17 10:22:10 +0000 UTC
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Talk about holding a support line, $DDOG held the blue line 6 separate times and then broke out above quite aggressively. It held this support line until the earnings report, it reported a positively and took off. Sideways movements can be a good ...
2023-05-17 10:18:46 +0000 UTC
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$DRV showing the importance of sticking to your positions, it had pulled back and held, moved sideways as it consolidated and now starting to show strength again and above both the 50 and 200 Day MA's now, still more work to do to confirm a move u...
2023-05-17 10:15:15 +0000 UTC
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$ETSY has been a model student so far, very controlled and structured and not showing any surprises, I expect this decline to continue as shown.
2023-05-17 10:12:33 +0000 UTC
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I wasn't convinced of that bounce leading up to earnings whatsoever, this chart has been moving as we have expected for the last 6 months and I still believe we are in Wave 2 now, earnings reported negative and has dropped nearly -20% but this is ...
2023-05-17 10:11:01 +0000 UTC
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Interesting chart and fundamentals. We can see that the price has held above the historical support line since 2016, with the exception of the covid black swan event in March 2020, where it regained almost immediately.
Fundamentally, t...
2023-05-17 10:07:33 +0000 UTC
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$MGM has moved very well since June 2022, however it is starting to find some resistance at the 0.78 Fib level and starting to curl down lately. In order to get into the bull case and confirm the green impulse wave, it needs to get above the previ...
2023-05-17 09:55:48 +0000 UTC
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A very structured 5 waves down here after completing an ABC count that topped out at the blue line. The Fib lines have been on the money here for this 5 waves count, so I expect Wave 5 to complete at the 2 Fib. It is crucial that the price holds a...
2023-05-17 09:48:50 +0000 UTC
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Yesterday's price action confirms that Monday's bounce was part of a corrective move down. The price is now below the 50 Day MA comfortably and rejecting below $8 now.
I would not be surprised to see some sharp movements down over the ...
2023-05-17 09:42:24 +0000 UTC
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It has came all the way down to our Wave X spot, it needs to find support now and most importantly stay above the blue support line, I feel below this line and it could be in some trouble. The concern must be that the FWD PE is 216.....which by an...
2023-05-16 11:41:37 +0000 UTC
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