$SHOP is still benefiting from the bullish trend post Black Friday and Cyber Monday, coupled with its heavy correlation with $AMZN and its own bullish move lately.
No changes to the chart and the plan remains the same
I will happily add when I see a 3 wave pull back into the buy zone....
2024-12-08 21:12:28 +0000 UTC
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$PYPL is at an interesting point here, we said there is a possibility that the 3.618 Fib can be tested at $96 but $PYPL is also approaching the 1.618 Fib shortly at $90.92 which is taken from its Primary Wave 1 and Wave 2
So there will likely be some resistance at this level and we can see ...
2024-12-08 18:26:51 +0000 UTC
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$NKE responded well to $LULU's very positive earnings report and had gone above the 50 Day MA during Fridays session, however the price did finish below this level and is still in the middle of the Buy Zone right now.
$NKE has not followed the market to new ATH's and is not in Wave 5....it ...
2024-12-08 18:23:02 +0000 UTC
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We said the market needed $GOOG, $AAPL and $MSFT at the very least to start moving back to their ATH line to help the market rally into the end of the year and that is exactly what happened
$GOOG and $MSFT can still be in a corrective wave all the way up to their previous ATH line and can c...
2024-12-08 18:16:11 +0000 UTC
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$INTC had a bad week and the battle it had at the $24 went to the bears and once the 50 Day MA was lost the price sank hard.
The best case scenario is that $INTC holds support here on the 0.78 Fib at $20 and starts a reversal to the upside and the 1.618 Fib $33 is the next target
The...
2024-12-08 18:13:24 +0000 UTC
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$GOOG and $MSFT are making the same moves now but I am slightly more bullish on $GOOG getting back to its ATH line at $193 then $MSFT....but both certainly look like they have turned a corner and want to be involved in the market run for the next few weeks.
I am not adding to my position bu...
2024-12-08 18:10:27 +0000 UTC
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$DIS is about to complete a Golden Cross tomorrow which leads me to believe that this bullish move is not done yet either and a move up to the 4.618 Fib close to the previous high in March is still possible here at $123.
I believe $DIS will then pull back with the market too and likely come...
2024-12-08 18:07:28 +0000 UTC
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I am not seeing any concerns on this chart right now.
We have a higher high and higher low and Wave 4 was short but valid
Short Wave 4's or Triangle Wave 4's are a sign that the market is still quite bullish on a position and I believe the year end rally is not over for crypto yet.
2024-12-08 18:04:30 +0000 UTC
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The plan is simple here:
Recapture the $87 0.618 Fib level and I will add.
Big week coming up for China, as the market waits for the announcements from their Economic Conference on the 11th.
I believe if we start moving up from here that $BABA is in Wave 3 and a higher high can ...
2024-12-08 18:00:07 +0000 UTC
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The retest now of the Bezos line has been beautiful and I am very glad that we stuck with this and did not panic just because the $200 line was not held 2 weeks ago, this is why you need to give the price action time to fight and recapture a support line
A loss of a line does not mean a rev...
2024-12-08 17:57:38 +0000 UTC
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$AMZN did not help $AMD on Friday when they said they are not seeing much demand for their $AMD chips as part of their service...price pulled back to the trend line then to finish the week....but we also noted on Friday that $NVDA pulled back too to test its own support level at $141.
I bel...
2024-12-08 17:54:18 +0000 UTC
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$ABNB is still holding above the 50 Day MA and the 0.38 Fib and is not getting a lot of attention right now, my count has not changed because I do not see a 3 wave pull back since Wave 5 hit
If the 200 Day MA is broken and the price holds above this level then we must consider that the pull...
2024-12-08 17:51:45 +0000 UTC
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On a lot of the charts today I have shown the ABC correction levels that I expect to come in at the start of the new year
These are all projections until the market actually hits resistance and rejects.
There is no reason why the market can not run until the middle of Jan, with the US...
2024-12-08 17:49:02 +0000 UTC
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No changes here either but an opportunity is presenting itself now if the pull back can continue to come down lower
I am really impressed with the 1.618 Fib here being a strong resistance for Wave 3
So a pull back to the 0.38 Fib at $0.94 and holding then we could see another strong ...
2024-12-07 18:20:14 +0000 UTC
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Finally got around to doing $FET crypto and I am very glad that I did
The chart looks incredible and very clean and structured.
I have added in the white fib levels now as we are certainly in a pull back after Wave 5 extended beyond the 3.618 Fib and has lost this level on the retest.
Price is already below the 0.236 Fib too and 50 MA on the 1hr chart, so I expect a pull back to at least the next Fib level at 0.38 w...
2024-12-07 17:59:44 +0000 UTC
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Some resistance now at the March '24 high now but the price is still holding relatively well.
We have Wave 5 here at this point which is the standard Fib level to complete at but I am still leaning on the possibility that $ETH can extended above this level and run to the 3.618 Fib which ali...
2024-12-07 17:45:23 +0000 UTC
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9 months later and still not a single change to the chart.
Wave 5 target is locked in at the standard 2.618 Fib at $10.
This was a 300% gainer for many who caught the triangle breakout in June.
2024-12-06 20:49:13 +0000 UTC
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Here we are again, price is exactly at the 50 Day MA and the wedge breakout level at 111p.
The 200 Day MA is at 143p and the First Target is absurd at 427p.
We got a fake breakout in Sept because it did not hold the retest so we never entered, so it is vital that you see a retest here...
2024-12-06 20:38:55 +0000 UTC
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$ADA's chart continues to move extremely well here and has hit resistance hard at the 1.618 Fib, which we know is a Wave 3 target.
I think a pull back now to the 0.38 fib at $0.94 would offer another great opportunity to add to catch Wave 5....which would be a +100% gain if this plays out a...
2024-12-06 20:34:57 +0000 UTC
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Higher high and higher low is in now after a solid bounce on the standard 0.38 Fib for Wave 4 towards the end of the close yesterday.
A higher high above $5 will confirm that Wave 4 is complete for me and we get a move up to Wave 5 and First Target at $6.50 next.
2024-12-06 20:27:59 +0000 UTC
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Pulled back yesterday and recovered it all again today, which is a common theme for $HIMS when it is consolidating.
Price is still in the ascending triangle right now, having tested the 0.236 Fib today at $31 for support and bounced.
The consolidation can still continue under $35 but ...
2024-12-06 20:24:11 +0000 UTC
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The assassination of the CEO has taken its toll on the stock over the last 24-36 hours and the market will unfortunately take advantage of this and push it lower, especially if it is a strong company and $UNH is
But we can see that a retest of the 0.38 Fib and 200 Day MA are getting tested ...
2024-12-06 16:40:53 +0000 UTC
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My view and count has not changed here, a break above the descending wedge top line at $14.50 is a bullish signal but it needs to hold above this line, we can see there was a fake breakout at the start of November, so bulls know that converting this to support is needed.
Once there is a hol...
2024-12-06 16:37:54 +0000 UTC
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The $4000 level has been breached, the wedge triangle top line has been breached and we are locking on to the 2.618 Fib level at $4084 and there still is another 24 days in this year.
We will need to see how the price handles the 2.618 Fib, if it can convert to support then the 3.618 Fib ca...
2024-12-06 16:33:35 +0000 UTC
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Nice looking chart here and has moved strong since breaking out of the triangle and making a new high above the blue line.
Price is already at the First Target, so this level will need to be flipped to support before the Second Target comes into play.
A retest of the blue line or 50 D...
2024-12-06 13:47:22 +0000 UTC
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$PANW is at an important level right now as it tests the 1.618 Fib level at $409.
A break and hold above this level and the 2 Fib is next at $475.
Queen Pelosi is still in here and that is usually a very bullish signal.
This will likely continue moving higher if the market conti...
2024-12-06 13:42:36 +0000 UTC
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There was a very clear flush down from $ETH and $BTC last night which is not always a bad sign, it could be an organised whale controlling the decline in other to buy back lower in a larger amount and catch a lot of supply.
We can see clearly that this was a retest of the breakout level and...
2024-12-06 13:33:35 +0000 UTC
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My morning scan has caught this this morning.
$HTZ has been beaten down a lot over the last 3 years but it has found support since August and has moved up to the 50 WMA at $5.31 and has tested this level
So far it is still a resistance level but a break above this level and there is a...
2024-12-06 13:29:23 +0000 UTC
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I really like the 3 wave pull back here from $JD too to the 0.618 Fib exactly and bouncing
Since finding support at $33, it has made higher highs and higher lows too
A lot of the ADRs are aligned right now and moving slowly in the right direction
The economic conference on the 1...
2024-12-06 13:23:57 +0000 UTC
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