Wave 3 target is locked in here at the 1.618 Fib level as standard.
It was shown enormous strength since its breakout out of the channel and retesting the subwave 4 level on the 0.38 Fib at $7
I expect resistance at $12.25 and then a pull back for Wave 4 before going higher, ultimatel...
2024-12-26 13:32:39 +0000 UTC
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Up +5% in the PM now and this is a clean bounce on the First Target and moving towards the Wave 3 level now at the Second Target at $18.70.
Very nice chart here and it has not changed since I shared this at the start of the year.
Once the price broke above $13, retested the breakout ...
2024-12-26 13:30:48 +0000 UTC
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Price action is just above the 50 Day MA now at $95k and by a whisker just below the 2.618 Fib and also the channel trend line.
We know how important the 50 Day MA is for a trend and so far it has been tested 4 times now and it has not been lost, bulls are stepping in but they must continue...
2024-12-26 13:10:15 +0000 UTC
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$ETH is now retesting the White 0.38 Fib at $3343 and the smaller green 0.618 Fib level which are at the same level right now in this pull back.
The 200 MA on the 1hr chart is offering resistance since the 24th, so we will see how $ETH holds on this confluence level now.
If $ETH can c...
2024-12-26 11:57:08 +0000 UTC
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$OSCR YOUR 2024 CHRISTMAS GIFT
All we need to see is a hold between $12.86 and $10.30 and Wave 2 is complete, so you are still early and Wave 3 is next.
And here's why it is our choice:...
2024-12-25 13:43:45 +0000 UTC
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Solana is looking verrry good right now
Pulled back to the 0.618 Fib which was steep but valid on Fridaty but it was also the wedge top line perfectly too at $175, so it was a straight forward retest of a strong breakout level from above.
Price has already jumped to $196 and Wave 5 is...
2024-12-24 17:19:23 +0000 UTC
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First hurdle is comfortably cleared now by bouncing strong above the 50 Day MA and up to test the rising wedge bottom line from below today at $599.
$600 is an important psychological level, so flipping this level to support and the bulls would be optimistic that they could send this higher...
2024-12-24 17:13:48 +0000 UTC
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Very very nice set up here and already up +8.5% today.
ABC pull back came down to the blue support line and bounced immediately, small pull back down to the 0.618 Fib then and held perfectly and now bouncing and above the 50 and 200 MA on the 1 chart.....next test is the green line again at...
2024-12-24 15:17:31 +0000 UTC
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Very nice here from $DDOG, rejected cleanly at the 1.618 Fib for Wave 3, pulled back in 3 waves to the 0.38 Fib and looking like support is starting to be confirmed here as we have a higher low so far.
As long as $DDOG continues to hold above the 0.38 Fib at $142, Wave 5 is next at $200
...
2024-12-24 15:03:42 +0000 UTC
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$TSLA testing the 1.618 Fib level at $453 from below now, this is the level I'd like to see the price reject at and move down to complete Wave 4 as shown to $354.
This Wave 3 is certainly parabolic and happened very quickly but most importantly the 1.618 Fib was respected, a pull back to $3...
2024-12-24 14:59:21 +0000 UTC
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$MSTR is still holding above the blue support line, the 50 Day MA and the 0.5 Fib...very similar set up to $HIMS too but we can see that $HIMS is slightly ahead as it has already started to move higher.
$MSTR needs to hold the $322 level to keep the Wave 5 prospects in alive....otherwise the r...
2024-12-24 14:54:37 +0000 UTC
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$84 has not been tested.
This price was found by using the breadth of the Cup and Handle formation and added to the breakout level at $45.
This is a purely a technical level and has nothing to do with fundamentals which aligns with $PLTR astronomical move.
The 0.618 Fib aligns w...
2024-12-24 14:51:53 +0000 UTC
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Ask and you shall receive.
We have been patiently waiting for a pull back here since breaking out at the start of December and the grounding of all $AAL flights by the FAA today due to a 'technical difficulty' is likely going to be that catalyst to bring the price down to the levels we have...
2024-12-24 12:40:02 +0000 UTC
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One month later since I last uploaded this and we got the flush down this week and went as low at $149, which is just at the 0.5 Fib now
The risk here is that the price could still drop down to the 0.618 Fib at $137 but a hold here above $149 and the ABC correction is complete and on time b...
2024-12-24 12:34:24 +0000 UTC
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Still holding above the 50 Day MA here and with the second test yesterday and holding, it is a higher low....the battle is not over yet but holding above the 50 Day MA while the market continues to show a recovery is a good sign.
Plan remains the same, price needs to start flipping levels t...
2024-12-24 11:29:56 +0000 UTC
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Lets not forget how perfectly the HSI has moved.....in spite of everything!!
We have the price action holding support on the 0.618 Fib 4 times since August
August 5th
September 12th
November 28th and
December 19th
The HSI respects one of the most important Fib lev...
2024-12-24 11:24:17 +0000 UTC
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This is what I like to see....the dust is settling after the Economic Conference and $BABA is slowly moving under the radar but bulls are stepping in nicely
First converting the 200 Day MA to support and now in the PM the price is testing the 0.618 Fib at $86.
Converting $86 or the bl...
2024-12-24 11:18:11 +0000 UTC
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I want to start being very excited about this set up but this is $HIMS and it makes you work very hard....but we are ok with that, as long as it continues to follow this set up.
We knew the battle ground was going to be at $25.41, as it was in early November and after it flushed down to $19...
2024-12-24 11:13:45 +0000 UTC
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That was a monster of a day yesterday for $NVDA, Bulls really showed their teeth and we got a clear hold of support on the $127 level on the 0.5 Fib and strong bounce up to the 50 Day MA at $139.
We know this is an important level next because breaking above this level and the bulls will ta...
2024-12-24 11:05:21 +0000 UTC
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$AMD big question right now for everyone following $AMD is, is the bottom in?
This is the hourly chart above so we can get more details as it has only been one bounce so far.
But:
I am watching $ASML here after holding on the 0.618 Fib perfectly at $654 and now bouncing above the 50 Day MA and retesting the 0.5 Fib from below
Price has since pulled back and testing the 50 Day MA from above now at $700
A hold here and we have a higher low, bulls will want to see...
2024-12-23 11:58:38 +0000 UTC
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Is at an important level now on the 0.618 Fib at $5.45, a hold here and they have a double 0.618 Fib hold.
If the price can hold and make its way back up to the wedge top line again at $7, then the upside potential next is to $11.41 to the blue line
There is certainly a feeling that n...
2024-12-23 11:53:40 +0000 UTC
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I am just going through my morning scan now and I have come across this very attractive breakout
Price was consolidating in this handle for over 18 months and finally broke out
Like $AAL, if they can retest their breakout level at $22 and hold, then this would be very attractive to ad...
2024-12-23 11:41:27 +0000 UTC
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I continue to hate the $ARM set up and I am not a fan of this company's share set up, where the owner owns a substantially high amount and has made a habit of manipulating the price
Price has lost the 200 and 50 Day MA now and looking like it is moving down the right shoulder now.
A f...
2024-12-23 11:38:34 +0000 UTC
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No changes to the chart but there is a strong breakout and there was a +23% move here on Friday, price is again up in the PM.
There may be a retest of the $3.16 line today or tomorrow but holding above this support level and I believe this can move higher to the next levels at $4.69 and $5....
2024-12-23 11:33:26 +0000 UTC
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There appears to be a double bottom so far above the 0.5 Fib at $13 and $OSCR has performed well since Fridays rebound
We know that the low risk entry is above the 200 Day MA which is at $17.30, so adding at these levels will mean taking on some risk
I have a position and I am happy e...
2024-12-23 11:29:12 +0000 UTC
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No changes to the chart but it is worth sharing again as it is revealed that Buffett has added again, significantly buying on the dip and below his average of above $55.
Price is also below the 200 WMA and in between the 0.5 Fib and 0.618 Fib range too
This range feels bottomly to me ...
2024-12-23 11:25:46 +0000 UTC
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Higher low observed now too between the 0.618 Fib and the 0.78 Fib levels and bouncing this morning in the PM.
We do have a 3 wave pull back here but $BIDU has let us down a lot lately with trying to hold a new impulse wave developing so I would need to see a break above the blue line and t...
2024-12-23 11:22:42 +0000 UTC
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$NIO had another successful NIO Day on Saturday and they revealed the ET9 (premium standard luxury vehicle, its most expensive car to date) and it was sublime, they really pushed the living quarter side of this car and showcased its readiness for the FSD world next
They also revealed Firefl...
2024-12-23 11:17:06 +0000 UTC
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We have a three wave pull back since late Friday night and we can see that support was found in between the 0.78 - 0.618 Fib levels between $3200 - $3273 and the price has bounced up to the 0.38 Fib this morning from a positive PM.
We want to see higher highs and higher lows next, but first...
2024-12-23 09:22:00 +0000 UTC
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