After Trumps positive remarks towards setting up a Crypto Reserve and included $ADA, the Alt Coin is up +47% right now.
So we can see that the Cup and Handle formation has not changed and I have updated the impulse wave.
Price did dip below the 200 WMA in Feb but used the 50 WMA and ...
2025-03-02 16:29:59 +0000 UTC
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2025-03-01 10:42:25 +0000 UTC
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I will be watching thing closely now, as we have a Cup and Handle formation and a pull back exactly to the 0.618 Fib at $20.91 and a bounce so far to $23.91 today.
This is a formation we have seen work out very bullishly lately and I will be watching for a reversal here next, with a series...
2025-02-28 21:00:39 +0000 UTC
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Very nice test and bounce on the 0.38 Fib for what I believe is Wave A complete.
This is also what I would expect from $PLTR right now after its own test of its 0.38 Fib today at $79 and bouncing.
A bounce here to the Wave B range would allow those who were caught off guard with this...
2025-02-28 20:54:29 +0000 UTC
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Bringing this back to your attention because we have a very clean breakout of a 4 year wedge top line and a retest of the level followed by a bounce
This is also in Wave 3 with the target at the 1.618 Fib at $137
There appears to be very little in the way of $SBUX now and the $137 lev...
2025-02-28 20:49:55 +0000 UTC
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We have a higher low in here with a hold of support on the 0.78 Fib at $47 so we are looking for a higher high next above $53.21 which was a test of the 200 WMA
So breaking above this level and there will be another test of the 200 WMA from below after making a higher low, so this is a bul...
2025-02-28 20:46:28 +0000 UTC
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Certainly some weakness shown here in this Wave 4 and this is why the price action needed to test the lower Wave 4 support level on the 0.618 Fib.
The 0.618 Fib so far has held and looks set to finish the week about this level too.
This support level also helps Wave 4 from infringing ...
2025-02-28 20:43:24 +0000 UTC
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Very nice and controlled pull back in the end for $ASTS and tested the 0.5 Fib and the blue support line at $25.45 today and has already bounced to $27.24 now
We know this moves fast, especially when the bulls are buying so do not be surprised to see a strong reversal to the upside if the m...
2025-02-28 16:24:24 +0000 UTC
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I can't ask for more here folks:
We waited for the break out of the wedge, we got this and I added
We then patiently waited nearly 3 months for the pull back for the retest of the wedge at $14.60 and then we added again
Price also tested and held on the...
2025-02-28 15:36:08 +0000 UTC
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It is worth sharing this chart again because it has been some time since the last upload.
There is not a single change to the chart in spite of this either
But $TLT is at a very important support/resistance blue level now at $91 and the price is testing it today.
Just slightly a...
2025-02-28 15:15:01 +0000 UTC
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There has been some weak selling over the last 2 weeks as the market waited for $NVDA to report and PCE to print and this is typically seen when a pull back goes as low as the 0.78 Fib, where the 0.618 Fib is typically the standard pull back level.
That being said, support has been tested a...
2025-02-28 15:09:17 +0000 UTC
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I have added in the small green fib support levels now to help guide us for this pull back, we want to see a higher low now and stay above the larger red 0.5 Fib support at $37.89.
The green fibs offer support above the larger red fib level, so we need them to do their job now and hold.
2025-02-28 14:12:04 +0000 UTC
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I just saw online that someone had lost -$300k on $CLSK so I want to make sure that our members who are in here know where the support levels are.
Price has not been able to hold in the triangle and there is a clear break down and the blue support level has been lost too.
So the next ...
2025-02-28 12:56:50 +0000 UTC
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The $VIX is showing no tremors rights now, leading up to the GFC in 2008, the $VIX was testing the 30 level 5 times, showing that people were concerned at where the market was going and finally in Sept '08 the $VIX erupted and went as high as 96.
So we can see for nearly a whole year there ...
2025-02-28 12:40:47 +0000 UTC
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Big sell off post earnings and was down -25% directly after the ER and has recovered now to -11%
This has caused an infringement upon the Top of Wave 1 so we can not validate the current impulse wave as this breaks the rules of EWT.
So we must consider this pull back is now an ABC pul...
2025-02-28 11:55:12 +0000 UTC
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Is now at the 0.618 Fib, the blue support line and the triangle support line that has been in place since early 2022.
This is an important support confluence level now and the $2100 level has offered support twice since August '24.
We are already below the 200 WMA and we can see over ...
2025-02-28 11:46:09 +0000 UTC
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$BABA and some ADRs are down in the PM now as Trump threatened to add more Tariffs to China, initially 10% but with the option for another 10%....a very vague statement to be fair.
The most important part for us is that there are no changes to our chart, the pull back white fibs have noT ch...
2025-02-28 11:40:18 +0000 UTC
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I know some people will be concerned with the market right now and feel that the market front ran the earnings season and more important the $NVDA ER but we can not assume that the correction has started already because of some selling this week.
The $SPY is only back at the price it was a...
2025-02-27 23:12:31 +0000 UTC
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A lot has been added to the Watchlist today, so be greedy now and choose a company you are most happy with buying to hold for long term.
$CELH bounced strong post earnings, we advised against chasing and to wait for the pull back and this should always be done.
Now we have the pull ba...
2025-02-27 18:45:09 +0000 UTC
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$TEM does a have a higher low but not a higher high just yet.
We have a standard pull back to the 0.618 Fib at $54 and a bounce so far, it also has the Nancy Pelosi seal of approval here too.
I think at the very least a bounce is due here next and recapturing the blue support line at ...
2025-02-27 17:08:47 +0000 UTC
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Big flush down today to the 200 Day MA, just went within a whisker of testing the MA but we can see that this is clearly an important support level now.
A hold here and I expect a bounce, it is certainly oversold to me pulling back to the 200 Day MA and the 0.618 Fib and the RSI is now 23.<...
2025-02-27 17:04:26 +0000 UTC
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Ok we have our lower high now for Wave B and getting a rejection at the 0.38 Fib at $15.47 and the 50 and 200 MA on the 1hr chart, so I believe we are into Wave C of this pull back, as always we look for the 0.618 Fib as our standard pull back support level.
A higher low next is all we need...
2025-02-27 16:59:13 +0000 UTC
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It has been some time since we are in this territory, a breakout of the long channel and above the 50 and 200 Day MA, this is an indication of a reversal signal but we know that it is important that a support level must hold when there is a breakout.
So it is vital we see a hold above the 2...
2025-02-27 16:54:25 +0000 UTC
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I am sure everyone is happy right now with $HIMS, up +7% now, after holding support on the higher low at $40, and used the 200 MA on the 1hr chart for support and has made a higher low too.
This is what we wanted to see and what we expected.
Next test will be trying to convert the lar...
2025-02-27 16:49:35 +0000 UTC
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Another one of our Top 10 stocks for 2025 looking very strong here.
Price continues to hold above the Wave 4 pull back range and is now sitting above the 50 and 200 Day MA too, and retesting the 200 Day MA in the PM now for a higher low.
A successful hold above this level at $716 and ...
2025-02-27 13:39:08 +0000 UTC
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There is no denying that the set up is there.
Wave 4 held above Wave 1 and on the First Target and above the blue support line
Price has already bounced in the PM now after a strong day yesterday too, so bullish sentiment is here.
Wave 5 for me can run to the 2.618 Fib as standa...
2025-02-27 12:23:07 +0000 UTC
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$KO has run to the First Target and has done an excellent job as one of our Top 10 positions this year, bouncing from $60 to $72 for a +20% gain, incredibly impressive for a safe haven and in 2 months.
Many were adding here as they were concerned about Tariffs, DeepSeek, Earnings and Trumps...
2025-02-27 12:14:45 +0000 UTC
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We have hit the First Target, we are now pulling back to the green fib levels I have shared in the last upload and everything is moving to plan as expected.
So there are no changes to the chart or commentary but I know Silver can trigger a few people if it pulls back even slightly but when ...
2025-02-27 12:10:20 +0000 UTC
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I like the higher high, the higher low, the double bottom on the blue line and the bounce since $25.
Wave 3 target is at $30 now at the 1.618 Fib, with the Wave 5 Target at $33 at the 2.618 Fib
+6.5 Dividend payment too
The variable here is that people are waiting to hear what R...
2025-02-27 12:05:30 +0000 UTC
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