I added this chart on Friday so we know where we stand, $131 in the wedge needs to hold or I will be trimming my position
$NVDA is also holding up, $SMCI has bounced strong, $DELL is flying and $INTC is holding $24.
So we are sticking with this.
2024-11-23 14:59:38 +0000 UTC
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$AMZN has pulled back below the $200 line and there appeared to be a battle on Thursday and Friday underneath this level, so this is something we need to watch.
The 50 Day MA is slightly below at $193 which could offer support above the blue line.
Analysts are still very bullish here ...
2024-11-23 14:58:08 +0000 UTC
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Very nice bounce on the 50 Day MA and the 0.5 Fib and was moving very healthy throughout the week
I still have this in Wave B, as I see no Wave B in the pull back since earnings.
I am watching for resistance at the 200 Day MA at $143 to complete Wave B and then pull back to below $129...
2024-11-23 14:54:23 +0000 UTC
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I won't be laboring on today in the TOP 20 uploads, if there are no changes, then I will focus mainly on the commentary on charts that need to be discussed and not repeating myself as the majority of charts have not changed for some time now.
$AAPL is back above the 50 Day MA now but still...
2024-11-23 14:52:44 +0000 UTC
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Has just tested the $0.0236 200 Day MA in the last hour.
This has also been a double 0.618 Fib hold too
We saw how fast $XRP moved as soon as it broke out....the same could happened here.
2024-11-23 13:50:11 +0000 UTC
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$SOL has hit the 2.618 Fib target exactly at $264 today.
Another beautiful chart that we have been nailing since 2023.
This too can go extended to the 3.618 and in this case $319 is the target.
2024-11-22 19:57:18 +0000 UTC
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I am now up +130% since my Buy now and it looks like this wants to keep extending to the Second Target but may need a test of the First Target first at $1.17.
That long wedge was rough and tested your patience but I left my holdings on the shelf and the price action did the rest once it bro...
2024-11-22 19:54:25 +0000 UTC
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Again no changes, hit the First Target for support and held, now bouncing again towards the Second Target at $92.
Very strong bounce now since $55.
2024-11-22 19:52:09 +0000 UTC
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Beautiful chart, no changes and Wave 3 is locked in at the 1.618 Fib at $169.
2024-11-22 19:47:10 +0000 UTC
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I finished last week with the $KO chart, showing a perfect finish to the week on the red support line.
We can see that $KO has been climbing all week after holding support at $61.50 and will finish the week just below the 200 Day MA.
A flip of this level at $64.50 to support next week...
2024-11-22 19:30:21 +0000 UTC
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I like this consolidation here in Wave 4 before a bounce higher to complete Wave 5 and the Cup and Handle formation
Many may believe that $BTC may top out at $100k in the short term but there are other coins still in a strong position to move higher.
$COIN benefits from buys and sells...
2024-11-22 19:19:58 +0000 UTC
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So after this week it is clear that the 0.5 Fib at $94 was a rejection level and we said if this happens then the 0.618 Fib would be tested next, this has also happened now too.
Price is just holding above this level now to end the week.
Support is not confirmed yet but $TMDX bulls wi...
2024-11-22 19:08:39 +0000 UTC
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No changes to the chart or our Wave 5 target and we can see that their has been a resurgence here since the decline at the start of the month.
$GOLD likely declined as it was becoming obvious that Trump was out in the lead and it declined along with many of the safe havens, as bullish senti...
2024-11-22 19:03:14 +0000 UTC
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Ok I have gone down a bit of a rabbit hole to figure out why Buffett has been buying $SIRI so aggressively and currently has been buying at around $27 over the last month.
First of all, they are making a loss but right now their divisions are merging, so will need at least one more earnings...
2024-11-22 16:49:54 +0000 UTC
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$NIO has held on the 0.78 Fib at $4.50 for 8 days now and this involved holding throughout an earnings release.
The 0.618 Fib did hold for almost double this time and then lost its support so we need to see an impulse wave forming before we can start being positive a reversal is next.
2024-11-22 15:16:59 +0000 UTC
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$OXY has just pipped its head above the 50 Day MA here at $51.90.
After testing support on the 0.5 Fib at $49 for 4 times since the start of Sept.
We do not have a higher high yet or a hold above the 50 Day MA but what we can confirm is that the market is fully aware of the significan...
2024-11-22 15:14:26 +0000 UTC
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We now have a higher high above the March '24 high and the August '22 high
So bulls are in control right now
And $PYPL, $AFRM and $SOFI have all run so far, $SQ looks like it has already started its move too.
For me, the next test is at the blue line at $101, converting this lev...
2024-11-22 14:53:26 +0000 UTC
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There is a lot of interest here from members so I will continue to upload updates
So far support has been tested on the blue line at $26 and reacted positively so far, there has only been one wave since testing and the price is moving well towards the 50 Day MA at $31.
If the bulls ca...
2024-11-22 14:47:26 +0000 UTC
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We have seen a lot of charts lately where the price action got incredibly tight into the apex of their wedge and they reacted very strong to this position....the majority have broke to the upside and that is what we would like to see here too.
However we can not say for certain that this is...
2024-11-22 14:43:56 +0000 UTC
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ISO4 is the $TLT position I hold as a safe haven
We can see that it pulled back with $TLT over the last 2 months when the FED initiated their First Rate cut.
Price has pulled back to the 0.78 Fib and has so far found support and already back above the 50 and 200 Day MA's too.
$T...
2024-11-22 14:39:59 +0000 UTC
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$DELL continues to be a big winner over the last few months, in spite of the turmoil sector and appears to be benefiting from others losses.
Higher high now in the PM so I expect this to continue as shown and move to our Wave 3 target at $151 at the 1.618 Fib.
I added in July at $105...
2024-11-22 12:44:53 +0000 UTC
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$HIMS chart is going to be confusing, it's incredibly complex right now because there is a Bull Case Scenario and Bear Case Scenario in play here
(as there was when $AMZN pulled back on the 5th of August and we bought at $160, to capture both scenarios, because in both scenarios, it still ...
2024-11-22 12:39:26 +0000 UTC
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So the commentary from last weekend has come through, we got a strong pull back to the 200 Day MA at $165, on a catalyst that the UK competition watchdog want to investigate $GOOG. The chart has so far given us a clear rejection at the Wave B range and now a big test has happened and so far it ha...
2024-11-22 12:31:50 +0000 UTC
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Silver has now converted the 0.5 Fib to support and holding very well above $30.70, we can also see that Gold has reversed slightly too.
I would still like to see the 50 Day MA converted to support next to confirm the bullish trend, then I would expect a move up to the 2.618 Fib at $37 over...
2024-11-22 12:25:05 +0000 UTC
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Yes it's shown weakness
Yes it's below the 0.618 Fib
Yes it is still undervalued
Yes it is still in an impulse wave
Yes its testing your patience
Yes we have been here before
Yes I believe in $BABA ...
2024-11-22 12:21:06 +0000 UTC
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What a difference 24hr makes.
I could see people upset in the chat group yesterday morning, so I uploaded a chart to reassure people to stay on course....shortly after this $ETH jumps +10%.
Wave 4 looks complete here for me but this is only confirmed when we get a higher high above $3...
2024-11-22 12:15:03 +0000 UTC
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$BTC has come very close to the pivotal $100k level that many believed would never happen but $BTC bulls thought it was inevitable.
The 2.618 Fib remains at $102k but we know that the general public buying and selling $BTC will not know the importance of $102k....many will be happy that the...
2024-11-22 12:11:26 +0000 UTC
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$MARA spent no time waiting around back in the wedge and used both the 50 and 200 Day MA as support and propelled itself back out of the wedge again quickly.
Price is already up to $24.70 now in the PM (Up +9%)....after a +13% day yesterday too.
No changes to our First and Second Tar...
2024-11-21 11:01:47 +0000 UTC
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$LULU continues to move in a very strong structure and a perfect retest of the 0.38 Fib at $300 for Wave 4
On the 1hr chart here we can see that the price has tested the $300 level twice now and has so far bounced and above the 200 MA on the 1hr now.
If $LULU can continue to make high...
2024-11-21 10:54:52 +0000 UTC
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I shared $PG's chart yesterday to show that this safe haven has pulled back and showing strong signs of recovering now
We can also see that $CL has pulled back and starting to show similar signs of reversing too....this is also seen on the $KO chart as well
If $CL successfully flips t...
2024-11-21 10:51:12 +0000 UTC
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