$COIN
W - 4 looks complete now. Now we wait to see where it can find support.
2023-01-05 12:43:07 +0000 UTC View Post
The Long Investor activity
$DIS
Testing the historical support line now (amber), rejected and the support line flips to resistance and we continue down the red C wave....if it flips, it can continue up the amber line (C wave) to complete the blue ABC count.
2023-01-05 12:36:12 +0000 UTC View Post$CCL
Cruise liners are in the same category as airlines, may benefit from the world properly opening again and Covid not showing to be detrimental. The trend is still in the channel and below the 200 ave and 250 ave, so we want to see a break out of the channel before we can confirm the bull case.
2023-01-05 12:28:40 +0000 UTC View Post$CGC
Very similar to $TLRY, regained support and needs to show strength now or it's possible to trend down to the 1.27 Fib level.
2023-01-05 12:22:28 +0000 UTC View Post$DB
A long term view of a bank chart now, both W - 2 in Green and Wave C in Amber take into account that we may experience economic uncertainties for the first half of this year but for after that, it is likely that banks will recover and perform well.
2023-01-05 12:06:51 +0000 UTC View Post$ZNH
As to be expected, airlines in China will welcome the news that they have opened up again and I like on the chart that it has broken out of the channel and wedge, retested and bounced, very good signs that this can continue it's trend higher.
One thing I will be skeptical about is whether ...
$EH
Looking strong, let’s see it break above the bull case.
2023-01-04 21:39:10 +0000 UTC View Post
$PLTR TOP 20
It is likely that we are in W - 4 of 5 now. Buy zone is the same under the 1.414 Fib level
2023-01-04 20:41:15 +0000 UTC View Post
$TLRY
Managed to recapture the support line, hopefully it can build on this now.
2023-01-04 20:34:03 +0000 UTC View Post$NIO TOP 20
I am watching between $10.50 and $10.60 now, we have the three waves we've been waiting for for W - 2...need to see if $10.60, which was previous support, flips to resistance, then our red line down may become clear
2023-01-04 14:54:57 +0000 UTC View Post$PYPL
Looking a bit complex here, still in the downward channel and consisting hitting new lows and lower highs...I believe this has more to go down.
2023-01-04 14:50:55 +0000 UTC View Post$BABA lesson time.
So I think this is a really good opportunity to take a lesson here.
If we look at the past chart of Baba, where it completed an Impulse Wave 1-5 move, we can take a lot from this, between 2016-2018.
Wave 1 completed, it then went right back up to retest the highs of Wave 1 twice bef...
$BABA
Like I said in the Telegram group this morning and on my $BABA chart yesterday, Wave B can still go above Wave 5 and it can still be valid.
Baba has looked incredibly strong, like a lot of Chinese stocks, with the exception of Nio, back to back positive news is being released and this is p...
$TAN
Another popular one but the lower highs lead me to believe that we must be cautious here, it is also still in the channel. Would need to see new highs and into the bull case before this is a buy for me.
2023-01-04 11:54:10 +0000 UTC View Post$SHOP
I am still a big fan of $SHOP, even though it is not in my Top 20.
It broke out of the channel, retested it once, found support. I think above $44 and we would be happy to confirm the bull case is in.
$SBUX
Not much has changed here either, looking promising possibly due to Asia opening back up properly, a breakout above the previous high and the bull case is confirmed for me!
2023-01-04 11:49:39 +0000 UTC View Post$RKLB
I have a few people asking about this but not much has changed, like always, the bounce here at support is good to see, we want to see a retest of support or Wave 2 holding above previous support and we will be happy that Wave C has started.
2023-01-04 11:47:41 +0000 UTC View Post$FTCH
Another Wave B hitting the 1.27 Fib and bouncing, no pullback yet, so will need to pull back and make sure it stays above the previous low, above the 1.27 fib line, then confirmation is in that Wave C is starting.
2023-01-04 11:45:35 +0000 UTC View Post$ENVX
Here we have Wave C due to end at the same level as Wave A, along a support line.
2023-01-04 11:43:49 +0000 UTC View Post$CIRCA
A lot of B waves comes down to test the 1.27 Fib and then bounce for Wave C, this is what is hopefully going to happen here too....it does not want to go below this support.
2023-01-04 11:40:25 +0000 UTC View Post$TEVA
Still in this sideways channel, in another channel, so the direction is not clear here, so I have drawn both scenarios, I suspect that the market is waiting for an announcement or an earnings report to decide....with Pharma companies, it is usually an announcement of a Phase report.
2023-01-04 11:38:47 +0000 UTC View Post$AMTX
Like a lot of charts lately, searching for support now.
2023-01-03 20:34:10 +0000 UTC View Post$SPY TOP 20
It's possible that W - 2 is complete now after a hard rejection. We could be entering W - 3 of 3 now....this is when the real fun begins....W - 3 of 3 is usually where we find capitulation.
2023-01-03 20:11:40 +0000 UTC View Post$CRSP
Another ARK fund favourite that just cannot appear to find support. Two important support levels are below at $32 and $30, so I would like to see it hold here at least.
2023-01-03 19:59:46 +0000 UTC View Post$BTU
A few people have asked for this again, it is still in the channel, so will need to bounce on the channel support or the bear case is triggered.
2023-01-03 19:54:02 +0000 UTC View Post$RIVN
A very straight red trend line is normally a good indication of a Wave 3 count in a correction move, likewise, in an impulse wave, Wave 3 can be an aggressive positive green upward move.
So here, we need to see Wave 3 complete first and then a pull back for W - 4 before completing W - 5. ...
$BABA
Continues to show strength and like we said before, we do not want it to go above the previous high at $95.05 (going slightly above will still make this valid)...a nice pull back here would be ideal and I will add here when W - 2 is complete.
2023-01-03 19:40:26 +0000 UTC View Post$FSR
Each chart paints a different story, one is quite bearish, as it breaks down from the yellow channel, tests the resistance today and it gets rejected.
Next chart is showing a bullish wedge that has been building for over a year now.
Regardless of both charts, below $6.40 and ...