$WEBS
No changes here, one final leg down is still possible but watch for signs of a reversal.....very nice structured 3 ABC waves here.
2023-02-18 14:15:33 +0000 UTC View Post
No changes here, one final leg down is still possible but watch for signs of a reversal.....very nice structured 3 ABC waves here.
2023-02-18 14:15:33 +0000 UTC View Post
4 Days ago I said it needed something special and it got it from its earnings, Wave C in control here.
2023-02-18 14:12:48 +0000 UTC View Post
This Semi 3 X bear ETF is not painting a nice picture for the Semi industry
2023-02-18 14:05:33 +0000 UTC View Post
Watching this Wave 5 now...new low and it is in buying territory.
2023-02-18 13:59:51 +0000 UTC View Post
On the 26th of Jan, we said this would go to 16 and not only did it do this, it was stuck to our line too....now we want to start seeing a bounce and a reversal here now. Or it continues down the red channel.
2023-02-18 13:57:16 +0000 UTC View Post
Stuck to our red line, Earnings coming up, will need something special.
2023-02-18 13:50:24 +0000 UTC View Post
When Burry released he bought this, it shot up, when it was announced he sold, it collapses.....with this sort of power and influence, how can you not make money?
Last time I uploaded this chart was on the 27th of Nov, no changes and has followed our projection perfectly.
2023-02-18 13:43:21 +0000 UTC View Post
Very positive earnings, all targets remains and $22 remains the trigger into the bull case. Just stopped at the previous high resistance line....I suspect this gets broke through shortly, we may see a pull back for SubWave 2 of Wave 3 next.
2023-02-18 13:29:51 +0000 UTC View Post
Like I said on the 30th of Jan, I have put in a bull case but i'm still favouring the second target to hit.
I think the management are in a crisis here and they are doing everything they can to recreate a squeeze again to dilute shares and free up cash, because the industry is struggling.....
Nice pull back after a very sharp rise. Let's see this come down to the Wave 2 zone and hold support, ultimately bulls would like to see this stay above the red channel.
2023-02-18 13:08:51 +0000 UTC View Post
Another tough day for $SHOP, $ARK funds were heavy buying this over the last 2 days....but this has been a common theme for $ARK buying into downtrends.
FWD PE is now at 765...that is not a misprint. With the market on a knife edge, these sort of fundamentals will struggle to hold. Below ...
We spoke during the week about the Semi's starting to lose momentum, Buffet selling $TSM being an important catalyst too to accelerate this change in trajectory. Indicators are starting to move bearish too...a drop below the bull case line would confirm this.
2023-02-18 12:36:38 +0000 UTC View Post
Earnings on Tuesday, it is very obvious that this is going to be an important report. Good and Wave 2 could be in, bad and Wave B is on.....not a lot was happening with crypto in 2022, business was not doing well, management may compensate by projecting a very positive guidance, so possibly...
2023-02-18 12:31:02 +0000 UTC View Post
Very happy to see this pull back and how it is waving. Following our Wave 2 count now, we know that Wave 2 normally bounces between the 0.38 - 0.65 Fib, the 200 Day is cutting right through the 0.38 - 0.5 Fib area so this is a spot I am watching for Wave 2 to complete. If it does not hold within ...
2023-02-18 12:25:36 +0000 UTC View Post
PM is favouring a movement down after the Fed comments yesterday evening but we all know that this market will battle before any direction is confirmed.
2023-02-17 09:17:00 +0000 UTC View Post
Not in the same position as $FCEL but approaching the wedge limit shortly, failure to break out here and it will continue down the wedge...breakout and there is potential here.
2023-02-17 09:14:08 +0000 UTC View Post
It has bounced on our Wave 2, still a bit of work to do and depends a lot on the market and crypto movements but we'll chart what we see.
2023-02-17 09:12:38 +0000 UTC View Post
Staying above the yellow channel, still gives this a chance to go bullish but it needs a pull back, only above the blue line can I consider the bull case.
2023-02-17 09:11:19 +0000 UTC View Post
Breakout of a long wedge, retested and bounced....we do like to see this.
2023-02-17 09:09:33 +0000 UTC View Post
In to the corrective phase now and I would like to see this hold at Wave C and continue its overall impulse wave.
2023-02-17 09:08:47 +0000 UTC View Post
It has been awhile since $ADBE has been checked and its looking good, a hold above the 200 Day and target 1 and target 2 are next.
2023-02-17 09:07:29 +0000 UTC View Post
No changes to our $HIMS chart, it has been textbook and glued to our projection since November.
2023-02-17 09:06:16 +0000 UTC View Post
Wave 5 could be complete now, watching for a hold above previous lows.
2023-02-17 09:05:17 +0000 UTC View Post
Looks like it is going to be consolidating within the blue parallel range now.
2023-02-17 08:44:32 +0000 UTC View Post
Broke out of the channel, pulled back and held on the outside of the channel then. Big move to end the day yesterday, will be interesting to see if this continues today
2023-02-17 08:43:29 +0000 UTC View Post