Similar update with $OSCR to the $HIMS chart I just uploaded.
Nobody in our group is too surprised by the pull back since holding on the outside of the wedge did not happen.
I have already added at $13 this week so I am happy that I have taken advantage of this opportunity.
Many...
2025-03-13 13:53:36 +0000 UTC
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Nothing I say today is any different to my last number of updates on $HIMS.
The 0.618 Fib at $29 is the standard pull back level, after the rejection at $44 on the 3rd of March, this became a possibility.
The market has not reacted too positively to the cooler PPI data and it may need...
2025-03-13 13:50:27 +0000 UTC
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I have been keeping an eye on traditional banks to see if there is any concerns and although they have pulled back with the market, they have not pulled back as strong as the other finance stocks we cover.
I believe $BAC is pulling back for a small ABC correction but I am not seeing a crash...
2025-03-13 13:12:54 +0000 UTC
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Price has also pulled back in 3 waves here to in between the 0.618 Fib and 0.78 Fib where the 200 Day MA has been waiting.
$IONQ is fundamentally not cheap whatsoever, so please be careful here.
It is a quantum computing play that has grabbed the headlines lately but overvalued positi...
2025-03-13 13:04:48 +0000 UTC
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HSI and $BABA are moving in sync, we can see that there are some profit takers with $BABA who have gained +100% in a year but any dip gets bought up almost immediately and this can happen in aggressive Wave 3's.
HSI has already retested its 3 year range breakout blue line but $BABA has not ...
2025-03-13 12:28:09 +0000 UTC
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Chart and price action continue to look good here and it is a good example of looking at positions right now that have already completed a large pull back before the market showed any weakness.
$AMD, $BIDU, $PYPL, $NKE, $PFE for example all fall into this category as they are not in the sam...
2025-03-13 12:23:26 +0000 UTC
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One of the positive macro influences right now is the pull back in the US Dollars, price is below the 0.618 Fib, the 200 Day MA and the 50 Day MA.
Overall however, we want this to be slow and gradual, any large drops will bring uncertainty to the market and as we have seen since Trumps Tari...
2025-03-13 12:18:47 +0000 UTC
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The two biggest companies in the world now $AAPL and $MSFT have been sending warning signals, $MSFT we know has been declining for nearly a year now and the market was able to absorb this decline and still push higher.....but now $AAPL has dropped from $259 to $216, out of the Bull Case, below th...
2025-03-13 12:12:39 +0000 UTC
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$NIO has been moving well this year and we have been seeing some positive moves that we have not seen in a long time here
Price has broken out of the downward channel, broke above the 50 and 200 Day MA's, there was also a test of the $5.32 blue line yesterday too.
Like I said in the l...
2025-03-13 12:07:00 +0000 UTC
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$ACHR bounced strong yesterday and finished up nearly +10%
We can see on the chart that there is a very clear 3 wave pull back......which is a common sight on many charts right now....but most importantly, price also found support on the 0.618 Fib at $6.54 and bounced.
We know that the ...
2025-03-13 12:03:19 +0000 UTC
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It is a good idea to see what happened in 2008 with the Great Financial Crash to understand what is happening right now.....and we can clearly see how important the 50 and 200 Weekly MA's played a part in guiding the market.
Follow points 1 through to 4.
This all happened before the c...
2025-03-12 19:49:58 +0000 UTC
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$SNOW was a top pick for many funds on Wall St to perform well in 2025
It did not make our Top 10 list but we have been sharing this chart and showing that it is in Wave C now
Since the market has started its pull back, $SNOW has followed it too and has already dipped in between the 0...
2025-03-12 19:06:23 +0000 UTC
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We identified last week that $RDDT was in a clear ABC correction and the price has now dropped down to the 0.618 Fib and 200 Day MA just slightly below at $105 and has already bounced on this confluence level and jumped +30% since hitting our Wave C level.
We are seeing a lot of charts lik...
2025-03-12 19:02:44 +0000 UTC
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$PLTR has recovered the important 0.38 Fib today which is where we believe Wave A has completed and have been expecting a bounce for Wave B next.
Since the Wave A overshot the 0.38 Fib, the Wave B range moves slightly..... and isn't it fitting to see the 0.5 Fib align with the $100 level at...
2025-03-12 18:52:58 +0000 UTC
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Some are likely wondering what is the cause of the pull back today but as we know $BABA and $BIDU have been performing very well in March as the US market has shown a lot of weakness, so a bounce today for the US market is likely a perfect time to let off some steam for the Chinese ADRs
We ...
2025-03-12 16:46:24 +0000 UTC
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A number of requests for this but there are no changes to the chart, for me this is a bounce for Wave B and I would expect a further leg down as shown to complete Wave C once there is a test of the 200 WMA and a rejection.
The impulse wave higher was perfect, so I have no reason to believe ...
2025-03-12 16:14:37 +0000 UTC
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$SPOT went parabolic post earnings and I gave one simple instruction, do not chase this, it was the same instruction given to $HOOD
Both companies have pulled back very well, $HOOD has nearly completed its ABC correction.
$SPOT has run so aggressive that it hit its 4.618 Fib, somewher...
2025-03-12 16:06:24 +0000 UTC
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$SHOP is bouncing to the top of the Buy Zone today, which is also the 0.38 Fib and the wedge top line at $99.
A break above this level and the pull back is complete for me, a rejection at $99 and there can be another pull back and the 200 Day MA and the 0.618 Fib between $87 - $80 will be t...
2025-03-12 15:59:41 +0000 UTC
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10YR is digesting the CPI data released today and is deciding on its next direction
It is not a surprise to see the 10 YR at a very important junction leading up to this data release today
Price is sitting right on the 200 Day MA in between the 0.5 Fib and the wedge breakout line
<...
2025-03-12 15:55:35 +0000 UTC
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There was a very positive response to $SOFI the moment CPI came in cooler than expected earlier and jumped +7%
This bounce is on the 0.5 Fib, the 200 Day MA and the green support line.
I shared earlier that a number of finance stocks we track are moving into undervalued territory onc...
2025-03-12 15:46:42 +0000 UTC
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Some consolidation now above the 0.618 Fib after a 3 wave pull back and along the blue support line
Remember we are in the Buy Zone, so I do believe the price is undervalued here with a margin of safety, both fundamentally and technically.
RSI is also showing a recovery too on the dai...
2025-03-12 13:42:31 +0000 UTC
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I think there will be an opportunity with $NU soon once the price drops down into our Buy Zone and can hold support on or above the 0.618 Fib at $8.20
A lot of the disruptive finance stocks are getting strong pull backs right now but they are all moving in a standard ABC corrective wave wh...
2025-03-12 12:17:52 +0000 UTC
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If $TGT was at this price at $113 at the start of the year it would have easily made my Top 10 list for 2025 but because it was struggling to find support it did not make it and the price was at $135 at that time.
But now, it is almost too low to ignore now.
Let's look at the facts:<...
2025-03-12 12:06:01 +0000 UTC
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We are looking for the market and the Mega Caps to retest their own respective 200 Day MA's next, which will tell us if there is a rejection or if they can be converted to support
$AMZN is already at its own 200 Day MA now in the PM and on the $TSLA chart I just shared, there is a route bac...
2025-03-12 11:55:45 +0000 UTC
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It has become quite obvious now that $TSLA has been deliberately targeted to sell off because of Elon's heavy involvement in the Trump administration....which is why Trump went on the offensive yesterday and paraded $TSLA vehicles in front of the White House .....the market did not react overly b...
2025-03-12 11:46:33 +0000 UTC
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Flushed down -13.5% at the opening yesterday which we felt was uncalled for on the back of very little news or an announcement, we assessed that it was likely a stop loss raid because of the percentage decline and we stepped in and took advantage....we are already +8% up on this buy but that is n...
2025-03-12 11:40:52 +0000 UTC
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Interesting day yesterday, a strong bounce at the opening out of the descending wedge and the price action tested the large red 0.5 Fib at $37 from below....unfortunately this was met with a strong pull back but there is a positive, the pull back finished on the outside of the wedge, which is not...
2025-03-12 11:32:20 +0000 UTC
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$NKE is now in the sweet spot.
Price has bounced on the blue support line at $70, ran up to the 50 WMA and has pulled back in 3 waves and is sitting on the 0.618 Fib now at $74.
This has been the perfect movement so far and this is where bulls want to see support.
A lower low is...
2025-03-11 20:00:50 +0000 UTC
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$BABA up another +5% today and has a higher low in now too.
All pull back continues to get bought up, a mixture of being undervalued and a flight to safety out of the US positions...especially after Citi's announcement today that they are bearish US positions and Bullish China.
Until...
2025-03-11 19:54:18 +0000 UTC
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One of the first Mega Caps to retest their 200 Day MA from below today at $200
So far the level has not been flipped to support but likewise there is no rejection here yet either
This will be important as it could be a signal into how the market will behave at its own retest of its 2...
2025-03-11 19:07:06 +0000 UTC
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