$DELL is starting to look attractive here again
They report their earnings on the 27th of Feb and the price action is testing the descending wedge top line now at $110 which is also the 0.618 Fib from below
A break and hold above $110 ...
2025-02-10 15:28:45 +0000 UTC
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A very clear bounce now on the 1.618 Fib at $2.32 and I believe we are comfortably in Wave 5 now
We are up now +36% since we started buying here so I am to enjoying these gains over 2 months.
I believe the next resistance will be at th...
2025-02-10 15:23:49 +0000 UTC
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I brought this to your attention at the end of last week to say that it was holding support above the 0.618 Fib and yellow support line and today it has opened up +18% and has run to the 200 Day MA at $19.
Yes the initial move may be gone no...
2025-02-10 15:19:15 +0000 UTC
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Price has continued its move this morning from $113 up to $134 now, holding perfectly on the 0.618 Fib and the yellow support level
Price is now testing the 50 Day MA at $134 now too.
I suspect some resistance will be met here but mome...
2025-02-10 14:51:28 +0000 UTC
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There has been a clear breakout and reversal here from this descending triangle and the price has used the 50 Day MA as support over the last few weeks and looks to be moving higher next.
I believe we are still in a potential Wave 1, with th...
2025-02-10 14:31:44 +0000 UTC
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I am bringing this back to your attention because of the Tariffs between China and the US announced this weekend and the rumour that Nippon are considering another approach towards $X.
Price has already broken above the larger wedge and now ...
2025-02-10 14:27:19 +0000 UTC
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Price is back up above the 200 Day now in the PM but we still have not made a new high yet
The Wave 2 was short but there is a lot of momentum behind Chinese ADRs right now and the HSI is steaming ahead.
So this is perfectly normal to ...
2025-02-10 14:12:31 +0000 UTC
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Popping in the PM now but there has not been a retest of the blue line yet and the pull back has been very shallow so far too.
Price did pull down to $25.90 on Friday, so there is nothing in the rule book to say that a retets of the blue lin...
2025-02-10 14:06:17 +0000 UTC
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Up +4% in the PM now after a successful Super Bowl ad launch last night and looking at some graphs, a lot of traffic was directed to their site after this launch.
We can see that the 2.618 Fib at $45 is again tested today and see that this l...
2025-02-10 11:20:13 +0000 UTC
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A split look at this chart and you would believe it is the $BABA chart but the HSI and $BABA chart are almost in sync.
The big difference is that the HSI is already above its 200 WMA comfortably and $BABA has only broken above its own in the...
2025-02-10 11:13:57 +0000 UTC
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Trump’s Policies Could Undermine U.S. Bond Market Stability
Market Response to Trump’s Actions
$SPY is in a bullish ascending triangle set up right now, with the Top Line at $610, as I said under the $QQQ chart, we could see some sideways movement for the next 2 weeks until CPI is released and $NVDA report in 2 weeks time, which would align...
2025-02-09 19:47:38 +0000 UTC
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Both the $QQQ and $SPY remain in positive bullish setups, with the $QQQ in a triangle and the $SPY in ascending triangle, which is slightly more bullish.
Nevertheless the price remains above the 50 and 200 Day MA here, moving sideways as it ...
2025-02-09 19:38:06 +0000 UTC
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$V must be in the running for the most beautiful and straight forward chart over the last 5 years.
Wave 1 and 2 were textbook
Wave 3 looks locked into the 1.618 fib at $366
Wave 4 is next and could create another incredible oppor...
2025-02-09 19:32:43 +0000 UTC
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This could be a very interesting week for $TSLA, price continues to make a lower low as reports circulated this week that demand for $TSLA cars have been declining quite heavily in Europe across almost all countries.
It wasn't pleasant readi...
2025-02-09 19:29:07 +0000 UTC
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$SHOP reports before the market opens on Tuesday and I think it's going to be an important earnings.
$SHOP is heavily linked to $AMZN's performance so the one variable here is that they too may have a FX impact during this current Q1 quarter...
2025-02-09 19:15:48 +0000 UTC
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$SE is not expected to report their earnings until the start of March, with its current set up, making higher highs and higher lows and currently in Wave 5, I see very little in the way of this moving higher in this channel and moving up to $136 n...
2025-02-09 19:11:46 +0000 UTC
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$PYPL continues to struggle to find support here and I think a test of the $75 level is next now, where the 200 Day MA is moving up to
I would expect a relief bounce on this level too, at the very least for Wave B or a potential Wave 5.
<...
2025-02-09 18:35:49 +0000 UTC
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$NKE got a neutral downgrade from Citi on Friday and the share price dropped to $68 and a new lower low.
Price is now only $4's away from its 200 Monthly MA, something I highlighted as an incredible opportunity in July.
The price is lo...
2025-02-09 18:27:32 +0000 UTC
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$MSFT is back to the 0.38 Fib Support level again this week at $408, a level that has been in place for 12 months now
The best case for the market now is that this price action continues to move sideways and allow the market to move higher ...
2025-02-09 18:18:59 +0000 UTC
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$GOOG had a rough Friday, having tested the $193 level exactly during the sesion and then pulled back rapidly and down to $185....price managed to hold the channel support line to finish the session but it was a blow to the bulls who wanted to see...
2025-02-09 18:11:05 +0000 UTC
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$DIS failed to make a higher high on the 5th of Feb post earnings and has since fallen down sharply.
A retest of the 0.38 Fib again at $106 is likely a sign that this can drop down further which should bring the price action down further to ...
2025-02-09 17:54:26 +0000 UTC
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There has been a bit of a stalemate approach towards $BTC by many lately, but the chart is not showing concerns right now.
Being below the psychological level of $100k makes many people drop their heads
So what do we always do when we ...
2025-02-09 17:52:08 +0000 UTC
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A lot of people are getting excited about $BABA this week and rightly so.
We can see that there has been a clear test at the 200 WMA again this week at $107 and finished the week before this level
Ideally if we get another higher low p...
2025-02-09 17:48:10 +0000 UTC
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Still looking for support since reporting its earnings after the close on Thursday, overall the report was very strong but there was one blemish on their Q1 outlook due to wild swings in FX due to trade tariffs.....this is a short term issue and p...
2025-02-09 17:44:30 +0000 UTC
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$AMD continues to be the chart that everyone is talking about
Yes their chips are not as good as $NVDA
Yes the Mega Caps would prefer to buy $NVDA chips
But the market is large for chips right now and $A...
2025-02-09 17:41:10 +0000 UTC
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$AAPL has not lost its structure but below the $237 level is likely not comfortable for holders and it does put the structure at risk, especially if there is a flush down to the 200 Day MA which is also at the triangle bottom line.
If you ar...
2025-02-09 17:37:48 +0000 UTC
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Very nice hold of support on the 0.618 Fib at $12.80, which held since the end of December.
Price is now back above the 50 and 200 Day MA and we can see that this has been a 3 wave pull back too
So a higher high next above $14.90 and t...
2025-02-07 17:53:29 +0000 UTC
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$IWM is still being held down by the 50 Day MA and there has been moments where it has broken above this MA but we can see clearly that it is a resistance level.
Price has already pulled back to the 0.618 fib at $220 and there have been high...
2025-02-07 17:50:38 +0000 UTC
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$ABNB has given us a breakout today and jumped all the way to $139 before pulling back to the breakout level now at $135.
So if $ABNB can continue to hold above this level then it is in a good position now to reverse and move higher
Th...
2025-02-07 17:48:23 +0000 UTC
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