Has bounced nearly +20% since its test on the 0.618 Fib which is impressive considering most positions were selling off over the last week that were not safe havens.
That being said, it has a 3 wave pull back now, tested and held on the 0.618 Fib....so it went through its pull back before ...
I know some people are concerned with $ETH below the $2100 level on the 0.618 Fib but we must always remember to revert back to the chart and know that $ETH and $BTC move like Mega Caps, so if the 0.618 Fib level is lost then we look for the next support level
So the next fib support level ...
2025-03-11 14:56:29 +0000 UTC View Post
Is still in search of support and this can continue until CPI is out this week.
The first big test of this potential correction is coming up shortly with a test of 0.236 Fib at $550, this is a correction pull back level, this does not confirm the correction but it is worth noting how the pr...
2025-03-11 14:31:24 +0000 UTC View Post
$XYZ is incredibly back in the BUY ZONE again, this was at $98 in December and has lost nearly -50% of its value and the impulse wave has completely broken down.
I believe $XYZ is range bound now for the rest of the year at the very least
That being said, if support can hold above th...
This is quite a sight for $VSCO, a fall from $48 to $17 now in the PM, RSI is at 8!! and the price has lost the last Fib support level, so a test of the blue ATL line is possible next at $13.74.
Holding above this level will also mean a hold above the downward channel top line.
At the...
2025-03-11 12:36:42 +0000 UTC View Post
I am really impressed with $HOODs ABC pull back and with respect to the Fib levels.
Price managed to dip below the 0.5 Fib yesterday with a -19% flush which was also good to see and is coming close to a test of the 200 Day MA at $35.
I would be looking for a hold between the 0.618 - 0...
2025-03-11 12:31:45 +0000 UTC View Post
$ASML is still holding onto its rising wedge support line right now but this is mainly due to the fact that it has already had a strong pull back and already below its 200 WMA now, so the market may feel that this is already undervalued.
That being said, $NVDA is the sector leader and has l...
2025-03-11 12:19:00 +0000 UTC View Post
$ONON is moving nicely here and down to the next Fib support level at the 0.5 Fib at $43.80 for a test of support.
I still think we can get this to drop down lower to the 0.618 Fib at $39 and we will be presented with a great buying opportunity once support is here there.
For now, wa...
2025-03-11 12:12:29 +0000 UTC View Post
$BIDU and $PYPL are two rare companies that I would still consider a buy right now in spite of the current climate.
$BIDU particularly looks well and I believe it is both undervalued both fundamentally and technically.
Price held the 0.618 Fib support level, above the 50 and 200 Day M...
2025-03-11 12:06:11 +0000 UTC View Post
I have been watching the $VIX and although it has popped lately, it is still below the crucial level of 30, meaning anything above this level is elevated and there is heightened concerns in the market.
The last 2 weeks have certainly now felt great for many but the underlying tones is ...
2025-03-11 12:03:09 +0000 UTC View Post
$ACHR for me is in a strict ABC pull back now and I really like the confluence level here between the 200 Day MA and the 0.618 Fib at $5.80
All Wave 2 pull backs we give a target of the 0.618 Fib to hold for support so this is standard and when it is reinforced with the 200 Day MA, a combin...
2025-03-11 11:39:59 +0000 UTC View Post
$NIO Earnings date has now been released for Friday the 21st and it has a positive bounce in the PM now on this news.
Price is up to test the 200 Day MA again at $4.74
We have already had a test of this level at the end of Feb but could not hold above on the retest, this is what we ne...
2025-03-11 11:32:43 +0000 UTC View Post
I am not seeing any news right now that would cause $OSCR to be -4.5% in the PM so I am not treating it with a lot of respect at this stage, this could be on small volume and this could be market makers looking to raid tight stop losses before a breakout here which we know is common.
There ...
2025-03-11 11:24:14 +0000 UTC View Post
Some green in the PM now as the market takes a breath before we get JOLTS, PPI and CPI. $HIMS managed to test the $36 level yesterday which is the green 0.618 Fib but with the heavy selling pressure in the market, it was unlikely going to do anything more than this.
I can see a tight descen...
2025-03-11 11:17:56 +0000 UTC View Post
As bizarre as it sounds, but $NIO only needs to convert its 50 WMA to support now at $4.80 and a reversal is on here.
Price action testing the 3 year breakout channel today after consolidating for 8 months along the $4 - $4.50 level.
200 WMA is exactly at our Wave 5 target at the $14....
2025-03-10 18:42:21 +0000 UTC View Post
$NVDA is really struggling here and there is no way to sugar coat this
Losing the 50 WMA and the rising wedge support line looks terrible here and unless something drastically changes quickly,...
2025-03-10 18:37:04 +0000 UTC View Post
$OSCR's relative strength continues to be impressive and has been ready to breakout all day when the market has given some relief, again today is unlikely going to be the day that a stock will break out and be very bullish....as there is blood everywhere but I am happy to settle for Safe Haven st...
2025-03-10 18:06:20 +0000 UTC View Post
The pull back has not infringed upon the top of Wave 1 we had on the previous chart so $SOFI can not still be in an impulse wave now, it can only be in a corrective wave right now.
So I have added in the white support levels for this ABC correction.
We can see that the 50 and 200 Day ...
2025-03-10 18:02:25 +0000 UTC View Post
$TSLA is down a desperate -13% today and the RSI on the weekly chart is at 35, having been at 85 only in December.
The price action is running through to support levels as tho they are not even there and in desperate need of support to be found now.
It is difficult to pinpoint what ex...
2025-03-10 17:48:19 +0000 UTC View Post
$OKLO's pull back has infringed now below the top blue line, so it is under a lot of pressure to find support and not drop below the blue support line at $18.
I have added in the white fib levels to see where support is but bulls will want the blue line at $28 and $18 to do their job and ho...
2025-03-10 12:53:27 +0000 UTC View Post
The company and chart that I believe is driving the negative sentiment in the market right now because of how weighted and influential it is.
This chart has not changed since the last time I uploaded it but it is important to see how it is moving for awareness.
Price is right now in t...
2025-03-10 12:45:26 +0000 UTC View Post
$UNH has struggled since the assassination of its CEO, coupled with the introduction of RFK JR into the Trump admin.
And the chart is giving mixed signals too
Bullish reasons:
Price is below its 200 WMA now, under $500 and for a strong Mega Cap, this is attractive
2025-03-10 11:31:27 +0000 UTC View Post
A 3 X Bullish leveraged position, which appears popular amongst many it is not for everyone
Chart has not changed here for some time and we can see Wave C is still searching for support and battling hard on the 0.78 Fib at $20.
Losing this level and the last Fib support is at $13.46 o...
2025-03-10 11:25:30 +0000 UTC View Post
It has been awhile since I last uploaded this because it has been a good start for 2025 but we can see that the 0.618 Fib at $74 was a difficult level to convert to support and for this reason the price has dropped down...in spite of the double beat on earnings at the end of Feb.
We can see...
2025-03-10 11:21:03 +0000 UTC View Post
We are seeing a lot of potential weak Wave B's right now, we can see that $HOOD did bounce on the Amber 0.38 Fib in Feb up to the 0.5 Fib at $55 and has pulled back sharply....the Wave B was also very quick but 3 waves can be seen.
The good news here is that Wave C is likely on its way to c...
2025-03-10 11:05:50 +0000 UTC View Post
$LI also has its earnings on Friday before the US market opens and the bullish set up is certainly here, so all they need now is a clean report with no concerns.
We have a pull back now in this Wave 3, which I believe is Subwave 2 of Wave 3, so a hold now between $27 - $26 leading into earn...
2025-03-10 11:00:57 +0000 UTC View Post
Reports its earnings on Friday before the US market opens.
The Wave 5 target at $2.77 at the 2.618 Fib and the First Target is still a possibility here with a positive earnings and if the price action can continue to hold above the 1.618 Fib at $2.32 which has been a solid support line sinc...
2025-03-10 10:57:35 +0000 UTC View Post
$PLTR is managing to hold so far above the 0.38 Fib at $79 but the price action is under pressure and still being held down by the blue resistance level at $84, which was the pre earnings resistance line and now the 50 MA on the 1hr chart.
If the price action continues to meet resistance he...
2025-03-10 10:53:38 +0000 UTC View Post
Again very little for me to update here, price is still at the $2100 level now
I saw comments starting to come in the moment $2000 was breached for an update but we should know by now that this makes very little difference, crypto charts move as stocks, they are no different, in fact they ...
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