Is the only Top 20 chart that has lost its impulse structure, the parabolic move directly after its earnings was short lived and price pulled back, the market turned sour, airlines announced a decline in sales and this kept going from bad to worse.
$ABNB can not be in its Wave 3 count due t...
2025-03-16 19:51:02 +0000 UTC
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$AAPL has hit our Wave A level this week on the 0.38 Fib, so we must consider that the ABC correction is on the cards here.
The good news is that I expect a bounce here for Wave B and a retest of the 200 Day MA at $227 or the blue line at $237 is a possibility next.
An rejections at t...
2025-03-16 19:37:44 +0000 UTC
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Silver is certainly showing that a detrimental Economic event is happening soon.
There has been a strong flight to this historical safe haven since 2020.
My brief for the last 12 months has always been the same:
Under no circumstances should you sell Silver until the market cor...
2025-03-16 13:26:28 +0000 UTC
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This is the chart I have just shared on X but has the full impulse count.
We are just looking for a hold now above $25.
2025-03-16 13:22:05 +0000 UTC
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Thursday: $NKE
Friday: $NIO
2025-03-16 11:10:25 +0000 UTC
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$JD I believe has the same characteristics as $BIDU right now, both are potentially in Wave 3 but have not started their aggressive move yet....unlike $BABA, $YINN and the HSI, which I feel is now an opportunity for $BIDU and $JD.
A higher high here next would confirm the trend above $47.50...
2025-03-14 20:38:08 +0000 UTC
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$TGT has now managed to come down to its Covid support low, which was also the 2023 low too.
This is where bulls want to see support held again, or at the very least a consolidation phase along the $102 level to build up strength again.
If we see a consolidation or the start of an imp...
2025-03-14 17:40:36 +0000 UTC
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2025-03-14 15:43:46 +0000 UTC
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2025-03-14 15:41:57 +0000 UTC
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2025-03-14 15:41:14 +0000 UTC
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2025-03-14 15:40:32 +0000 UTC
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2025-03-14 15:39:09 +0000 UTC
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2025-03-14 15:38:10 +0000 UTC
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2025-03-14 15:37:29 +0000 UTC
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$YINN is up another +7% today and now up over +100% YTD and since finding support on the 0.78 Fib at $23.
Price is also above the First Target at $46, so a hold above this level and the next target comes into play at $71.
$YINN also follows the HSI too, so if the HSI continues in this...
2025-03-14 14:56:12 +0000 UTC
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There are a lot of positions deep in their oversold territory now on the daily RSI and $AAL is there too.
RSI is at 14 right now and in between the 0.78 - 0.887 Fib support range.
Impulse wave does not change while the price action is still above the previous low from July, so if sup...
2025-03-14 14:48:02 +0000 UTC
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$VSCO has been killed since December and the RSI went as low as 8, fundamentals are still strong and they beat last week on earnings
In terms of Risk v Reward, a small position here at $18 makes a lot of sense, even for a return to the 200 Day MA at $28, this changes very little for $VSCO a...
2025-03-14 13:35:41 +0000 UTC
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Looking at a wedge breakout now so have it on watch
A break and hold above the 0.5 Fib at $7.68 is the lower risk entry
2025-03-14 13:33:07 +0000 UTC
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No changes here, the price came under pressure this week with the market selling off but managed to hold on the ascending triangle bottom line leading into earnings yesterday.....where it jumped nearly +30% post earnings after an impressive double beat.
Price did fade during the day with th...
2025-03-14 13:12:05 +0000 UTC
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We are all big fans of $HIMS and it has been very rewarding to us and will be again in the future....but right now I still believe we are in Wave C and most importantly, it has been moving very well in Wave C too.....we can see that the descending wedge is getting tight so sellers are starting to...
2025-03-14 13:07:54 +0000 UTC
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$PLTR needed another retest of the $79 level yesterday and although at times it has looked weak, I still believe a Wave B bounce will come , especially if the blue support line at $85 is converted and the 50 Day MA just slightly higher at $87.
But I do not believe the ABC correction is comp...
2025-03-14 11:56:19 +0000 UTC
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Has just reported their earnings and the PM is up +8.5%.
They missed on EPS but Revenue rose and the market liked it.
The price was battling on the $2.32 level all week with a weak market but we knew that the earnings report would be the defining influence here.
If the strength ...
2025-03-14 11:52:58 +0000 UTC
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We are looking for a higher high next above $97.17 and above $100 and we have clearance to move higher to break above the top yellow trend and start moving towards our Wave 3 target at $124.
I am bullish on $BIDU, I like the chart but most importantly I like it's fundamentals which I believ...
2025-03-14 11:50:12 +0000 UTC
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$AMZN is an important barometer of the market for me, since it is a strong company, with impressive growth, if there is a rejection at the 200 Day MA now at $200 then I believe many companies will follow the same direction
$AMZN did test its 200 Day MA yesterday and so far met resistance, ...
2025-03-14 11:45:14 +0000 UTC
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Up again in the PM and had a relatively good day yesterday compared to the market, we can see that that descending wedge bottom line was tested at $117 yesterday and now at $118 in the PM.
If the price action can convert this level to support today or early next week then there is a move up...
2025-03-14 11:42:02 +0000 UTC
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Back to our regular daily $SPY chart now.
The large 0.236 White Fib got tested today ar $550, this also marked -10% decline since the potential top at $613.
A -10% pull back is officially called a correction, what is most remarkable about this is that it only 4 weeks to complete....so...
2025-03-13 20:33:40 +0000 UTC
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The selling has now been relentiness and a cooler CPI and PPI have played little to no part in calming the market
I believe the market is now solely being driven by Trumps Tariffs concerns and its effect on the economy.
This is the weekly chart and I am sharing this chart because of w...
2025-03-13 17:51:29 +0000 UTC
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Just what we wanted to see, Silver performing strong during market weakness.
15% of my entire portfolio is in Silver and it is up +37% since we first started buying this last March, when we started to prepare our portfolios for market weakness.
We can see that Gold is moving very quic...
2025-03-13 16:41:29 +0000 UTC
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Another stock that went parabolic and hit its 4.618 Fib in Feb and was met with a very rude awakening and has collapsed since.
Price is just at the 0.5 Fib right now at $266 but the very obvious confluence level is at the 0.618 Fib again at the 200 Day MA at $205.
Another example that...
2025-03-13 16:37:40 +0000 UTC
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Cup and Handle formation here still and the price is sitting on the 0.618 Fib now at $7.98.
We are seeing this formation a lot lately and a lot of potential ABC pull backs at their 0.618 Fib support level too.
If the market can offer some relief then I believe many of these positions ...
2025-03-13 16:35:19 +0000 UTC
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