$CMPS
Support here is crucial or it continues down further and completes the corrective move.
2023-01-11 20:16:08 +0000 UTC View Post
Support here is crucial or it continues down further and completes the corrective move.
2023-01-11 20:16:08 +0000 UTC View Post
9 hours later and we are at the final point of the wedge, testing the channel! Make or break time.
2023-01-11 20:02:24 +0000 UTC View Post
Just before Xmas we spoke a little about defensive stocks, leadING into a choppy few weeks/months ahead and first recommended $FDX.
$FDX has been doing very well since and on a positive projection now towards our bull case. Something to be mindful about.
I am posting this to help the people who are concerned about tomorrow.
So what do we know, we know that Wave 2 can bounce all the way up to the blue line and still be valid, to go above that, it needs to break through substantial resistance levels, the first being the historical amber tren...
It's been slow but a breakout and retest is seen....watching this closely!
2023-01-11 15:34:31 +0000 UTC View Post
$TSLA has retraced to the .38 Fib and then bounced very well and gone above it's previous high, this may mean that Subwave B is complete of Wave 4 now....between .38 Fib - .65 Fib is the likely area to bounce, at the upper end but bounced perfectly on it....we've since this impatience with the st...
2023-01-11 15:27:44 +0000 UTC View Post
Another new ETF, in the red channel now, I think it completes its move down to $37 before a likely move next out of the channel.
2023-01-11 13:00:04 +0000 UTC View Post
In the opposite trend to the US right now, when the US will be moving out of trouble, the UK appears to be starting it.
2023-01-11 12:11:50 +0000 UTC View Post
I've had a number of requests for $PLTR as a long term hold outside of 5 years and this is my projection, it appears to coincide with when they expect to turn a profit.
This is certainly a company I will be adding in the buy zone and accumulating throughout 2023.
Fantastic run from $42 to $372, following the 5 impulse counts up nicely, likely into the corrective phase now before it continues its progression upward after mid 2025.
2023-01-11 11:31:16 +0000 UTC View Post
Rejected at the resistance line, it has one more chance to hold above the previous low at $15 or this will continue along the amber line.
2023-01-11 11:29:25 +0000 UTC View Post
Nothing has changed here but people have requested it, following our trajectory, above $27 next and the bulls have it.
2023-01-11 11:28:07 +0000 UTC View Post
A break above this channel and there is a lot to be optimistic about for the next 9 months. A rejection from the channel and it needs to hold the blue line support.
2023-01-11 11:26:38 +0000 UTC View Post
This is not the main chart, this is just to look at the formations to help people today because I know this is popular. The main chart still has all the counts on it and I am still leaning towards the bear case.
A tight ascending wedge (bearish) has formed now after 2 weeks of a lot of vol...
Macro target is the same but W - 4 has definitely got some energy in it....after a brutal W - 3 which went from $78 down to $33, it is getting some relief, I did not expect it this much but it looks extended now.
2023-01-10 21:16:41 +0000 UTC View Post
This ETF has not been around for too long but the fluctuations look large but it is only relative to itself, the price swings range between 63 max to 45 min. It looks to be in an ABC count quite neatly so I am not considering any other count for now.
2023-01-10 21:00:53 +0000 UTC View Post
Following our chart down the wedge, it may look at another attempt to break out of this descending wedge which is bullish, if it does so, targets above as shown.
2023-01-10 20:38:00 +0000 UTC View Post
Still part of Wave B (amber) and likely in subwave B now, the trend is still consolidating and downward. Blue lines are important levels, if it can break above each one, it may turn bullish.
2023-01-10 20:34:50 +0000 UTC View Post
Long term, $WYNN is a fantastic company a solid brand worldwide, in a post Covid world, $WYNN could reclaim past glory, breakout of the wedge and this is bullish for me.
2023-01-10 20:30:46 +0000 UTC View Post
It is possible that the NIFTY is in Wave 5 now, it has broke out above a trend line and looking to retest now. I believe India, as well as China have a promising future, a considerable amount of advantages they hold over the US and Europe, fast adoption of technology could accelerate their positi...
2023-01-10 20:19:48 +0000 UTC View Post
Break above $1.49 and we should be in the bull case but for now, this looks like an ABC red line count for me.
2023-01-10 16:57:58 +0000 UTC View Post
The pull back now is important, if it holds above the previous low then we are in W-2, if it goes lower then we should complete Wave C and need to hold above the blue line then.
2023-01-10 16:52:47 +0000 UTC View Post
It is possible that subwave 4 of Wave 5 is now complete and is in the final wave down now. Came very close to our $0.40c target before, so a break above the yellow line, this turns bullish for me.
2023-01-10 16:39:29 +0000 UTC View Post
Wedge breakout with a slight retest at the moment, targets above as shown.
2023-01-10 16:35:24 +0000 UTC View Post
Wave A formation is looking very similar to $BABA right now and $NKE.
2023-01-10 16:30:07 +0000 UTC View Post
$TSLA continues to follow all trajectories, as we know Wave 4 needs 3 waves, ABC, so I've shown a likely count, Wave B now of Wave 4 can go lower as shown or could start Wave C of 4 sooner. I am focused really on Wave 5 and when we should enter, I have drawn a buyzone between $95 and $70 for now,...
2023-01-10 16:03:52 +0000 UTC View Post
Comfortably in the bear flag now, a breakdown of the flag and I've set short term targets below, it may continue within the flag, still we'll wait.
2023-01-10 15:52:50 +0000 UTC View Post
This W-2 has been eventful and we got our first test of the channel today, rejected for now as we discussed yesterday as a potential.
Next ill be watching for a break down below $10.60 as a previous support and resistance line...a break below here and it's likely to continue downwar...