$KWEB
Watching for the pull back support level here. It's been an incredible run since $17.
2023-02-10 16:52:19 +0000 UTC View Post
Watching for the pull back support level here. It's been an incredible run since $17.
2023-02-10 16:52:19 +0000 UTC View Post
All our Top 20 charts are going to be uploaded this weekend and we have a lot to be happy with.
2023-02-10 16:40:28 +0000 UTC View Post
Has shot up straight to our Wave 5 target, with very little pull backs.....I would be concerned about how much further this can run.
2023-02-10 16:36:17 +0000 UTC View Post
The consolidating queen. Rejected at the previous resistance, no changes here.
2023-02-10 16:34:02 +0000 UTC View Post
No changes to the chart I uploaded at the weekend, we knew the pullback was coming, where it finds support is crucial now.
Observing an inverse head and shoulders here too.
We are seeing a lot of pull backs today, a lot are due, so what everyone should be watching for is where the pull backs are finding support.....watch for support above the previous low. Failure to hold it is not an impulse wave then.
2023-02-10 16:16:17 +0000 UTC View Post
Pulling back which was needed to complete Wave 2, so not concerned too much here, failure to hold Wave 2 and it may need to consolidate for awhile as the market considers its direction.
2023-02-10 16:12:21 +0000 UTC View Post
Heavy rejection at the first target after a tough earnings report and analysts have came out with knives this morning after it, especially Dan Ives. It has dropped straight down to our amber Wave 5 case in one day!! Lets see if it can hold above the wedge, if not, the last support before nuclear ...
2023-02-10 16:10:52 +0000 UTC View Post
Could not hold outside the wedge, incredibly vulnerable to movement in the EV market, it just doesn't have its own strength to hold when the EV market is under pressure, it needs a few earnings under its belt, I want to see it hold the wedge here though.
2023-02-10 16:08:42 +0000 UTC View Post
$NIO behaving as a model student here, $9.50 is the next test....break below and we are in a strong position.
2023-02-10 16:06:58 +0000 UTC View Post
Hotels continue to do well, the Red ABC line is a corrective wave but Wave C ending low means the bottom is in and we can expect an impulse wave next, Wave C in amber ending high means 5 waves down next.
2023-02-09 21:30:09 +0000 UTC View Post
Nice break out of the wedge and adequate pull backs mean that the targets above are possible.
2023-02-09 21:15:33 +0000 UTC View Post
Struggling a bit today and $COIN gave an early indication of this too, a number of support lines next to tackle first. $25,500 remains the bull case.
2023-02-09 21:05:22 +0000 UTC View Post
Breakout of the channel as the SPY struggles and hitting 405 today. They will both move in opposite directions so it's important to keep an eye here.
2023-02-09 21:03:48 +0000 UTC View Post
5 waves up for the impulse wave, followed by a perfect Wave A corrective move, struggling since the earnings, I am showing Wave B bouncing to the likely spot which is at the 0.5 Fib, ultimately Wave C will come in regardless.
2023-02-09 20:55:31 +0000 UTC View Post
Consolidating in the channel now but still looking corrective, bulls need this to break out above of the channel and targets are above....if not, $27 is possible.
2023-02-09 20:51:07 +0000 UTC View Post
Incredible run since October, showing signs of slowing down now and the RSI is confirming this, where it pulls back to now and holds support is important.
2023-02-09 20:40:28 +0000 UTC View Post
Below the blue lines now and outside of the bear flag, next test is the amber trend line if it can not get back into the bear flag.
2023-02-09 20:39:07 +0000 UTC View Post
Plunges after earning, Wave B in Red is very much on now, at $13 in PM....this is why I do not like to play earnings, this was giving both a bullish and bearish set up. If you like this stock, then it would be a good idea to let this stabilise before adding.
2023-02-09 14:32:48 +0000 UTC View Post
After that earnings, it has dropped right down towards our target price, watch for signs of reversing and a break out of the channel next....worst case scenario is that this continues down the yellow channel.
2023-02-09 14:28:31 +0000 UTC View Post
Missed on earnings, could be pulling back for Wave 2 now so will have to wait and see....what it really needs to do is hold above the yellow line or there is very little support below.
2023-02-09 14:25:45 +0000 UTC View Post
Rejected at the wedge limit and the 200 Day MA, it may attempt to break through it again, if it fails again, bulls will want this to at least stay in the wedge.
2023-02-09 14:18:53 +0000 UTC View Post
Increased their dividend by 10% but will this be enough to withstand a corrective wave that is due?!...needs to stay in the channel for the bulls to hold on, break down and we are into the corrective phase.
2023-02-09 14:17:15 +0000 UTC View Post
Earnings after the close today, above the channel now, if it can stay above this channel then it has a good chance of going into the bull case, back into the channel and Wave 5 in amber is still on.
2023-02-09 14:15:35 +0000 UTC View Post
Consolidating now, this may continue until earnings are reported.
2023-02-08 22:56:17 +0000 UTC View Post
Another -8.5% today, I will be watching for new lows and see how the waves are moving....do not wait for $1, if you like $DNA.
2023-02-08 22:28:33 +0000 UTC View Post
No changes here, approaching our likely bounce area....blue line being the final support line.
2023-02-08 22:17:49 +0000 UTC View Post
Pull back came all the way down to the Fib 0.65 and bounced, this is what we like to see for a sufficient pull back and the end of a corrective wave. It was then followed by a neatly structured Wave 1 and Wave 2 possibly and bouncing further...break above the previous high will confirm the bull c...
2023-02-08 22:15:09 +0000 UTC View Post