$AFRM is still showing strength here and $SOFI is also holding up very well too
The next Fib level for $AFRM is the 1.618 Fib at $69, the price action is in the middle of both Fib levels right now, so it is unlikely going to stay at this position, so it will either retest the 1 Fib at $56 f...
2024-11-21 10:46:21 +0000 UTC
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$OKLO is pulling back now after a strong move at the start of the week, so it will be interesting to see if they can put in a higher low next.
We can see that the 200 MA on the HR chart aligns with the smaller green 0.5 Fib support level and the 0.618 Fib aligns with the larger white 0.38 F...
2024-11-21 10:41:52 +0000 UTC
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$NVDA released their earnings and it was again solid and strong, they may have lost their wow factor slightly after reporting blockbuster reports for the last 18 months but nevertheless, they had a healthy earnings.....and did not show any signs of reduced spending from other Tech companies, they...
2024-11-21 10:36:56 +0000 UTC
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Nobody mentioned how fast $ETH moved at the start of the month +40% in one week but a lot of people talking about having to wait for Wave 4 to complete in 2 weeks.
Do not get sucked into this negative loop
2024-11-21 10:31:27 +0000 UTC
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$SNOW reported yesterday and it was a double beat, EPS beat estimate by +30% too, they also announced that they acquired Datalovo too....market welcomed the positive beat and news, with Piper increasing their PT from $165 to $185.
I had not upload this chart in a few months but there are no...
2024-11-21 10:28:19 +0000 UTC
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$BIDU earnings are out before the market opens tomorrow, the market clearly feels that they will not be good and has allowed the share price to fall down to the very last Fib support now at $83 on the 0.887 and hold above this level leading into earnings.
$BIDU has been suffering the most f...
2024-11-20 20:53:37 +0000 UTC
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$PG has spent no time recovering from its 3 wave pull back to $158, when the majority of safe havens pulled back last week.
Price has already recovered back above the 200 Day MA and blue support line and today has managed to get back above the 50 Day MA and I expect the First and Second tar...
2024-11-20 19:56:08 +0000 UTC
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Clear breakout of the triangle to the upside and above the 2 Fib at $92k now.
$BTC continues to run fast and the $102k target remains in place at the 2.618 Fib
We had initially expected this to hit towards the end of the year but it has already come very close to $95k today already.
2024-11-20 16:39:34 +0000 UTC
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Solid hold on the 0.5 Fib for Wave A and bouncing now for what I believe to be Wave B.
I am not considering adding for this Wave B bounce and would prefer to add $ABNB when it completes Wave C between $129 - $124.
2024-11-20 14:54:20 +0000 UTC
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Even if a company or sector create a new wonderdrug, they all pull back.
Profit taking will always happen, cycles will always continue and adding solid companies when they have completed their pull back will always be attractive to add....$LLY is no different.
Adding $LLY at $524 woul...
2024-11-20 13:55:24 +0000 UTC
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Continues to move extremely well in our Wave A correction, this is what we highlight in October 2023 would happen.
The 0.38 Fib remains the target for Wave A to complete followed by a Wave B bounce before going lower again.
Remember $NVO has run from $15 in 2017 to $148, the ABC corre...
2024-11-20 13:49:47 +0000 UTC
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$VMEO has consolidated since mid 2022 until Nov 2024 and finally broke out of its range post earnings this month.
A break above the $5.80 level allowed the price to shoot up to the First Target at $7.28
Price has pulled back since, the ideal scenario here for the bulls would be a rete...
2024-11-20 13:46:52 +0000 UTC
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$HOOD is reaching for the 1.618 Fib at $41 right now, continues to make higher highs and higher lows and use the 50 Day MA as support on any pull back before going higher
This is showing a lot of strength here and looks like it can have no issue getting to the $41 level, this looks set to a...
2024-11-20 13:06:26 +0000 UTC
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Earnings were abysmal, a double miss and lower guidance, the holy trinity of terrible reports.
Price is down -18% in the PM now to reflect this too.
I waited 4-5 months for the set up to add my second buy and we needed to see a hold above $157 to add and this is exactly where the pri...
2024-11-20 12:47:54 +0000 UTC
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$KO gets a lot of attention but $PEP is equally as attractive as $KO at times and has a dividend of 3.46% too.
We can see that $PEP had moved perfectly in its impulse wave higher and we have been following this closely for the last 2 years calling it up and now down.
I believe it is i...
2024-11-20 12:29:33 +0000 UTC
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As was mentioned in the chat group, there are no changes to the targets here and we are seeing this on a lot of charts at the moment....price action is moving very tight into the wedge apex leading up to important dates and then breaking out very aggressively
Price is already up +20% now af...
2024-11-20 12:25:22 +0000 UTC
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On the chart you would never tell that they have just released their earnings report his morning, as the PM price (although swinging between red and green) is still at the 0.78 Fib at $4.50....while the market digests the information.
I shared the report in the Research Information chat gro...
2024-11-20 12:17:35 +0000 UTC
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$HIMS continued to rally into the close yesterday and finished up +12% for the day at $23.53....and to think we started this week at $19.22.
The most important aspect for me yesterday was what happened at the opening
The price immediately dropped to the 0.618 Fib again at $20, giving ...
2024-11-20 12:12:43 +0000 UTC
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Two charts here, the Weekly and the Monthly charts
The 50 Monthly MA aligns perfectly with the 200 Weekly MA, both highlighted by green circles.
So I believe accumulating $KO at and below $60 has historically been very beneficial.
Daily chart has also been uploaded over the las...
2024-11-19 22:56:28 +0000 UTC
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Nice rejection at the trend line that we spoke about in the last update
The 50 and the 200 Day MA and the areas of interest next at 4.2% and 4%
The 50 Day MA is also aligning with the 0.5 Fib now too......if the 10YR can decline to these levels, this should offer some relief to bond...
2024-11-19 19:47:25 +0000 UTC
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Very solid hold and bounce now on the 0.5 Fib and above the yellow support line at $30.92
Price is already at $32.20 now and moving in an impulse wave and as expected in Wave 5
Next test will be the 50 Day MA at $32.50 right, flipping this level to support and $VICI looks to have a cl...
2024-11-19 19:41:29 +0000 UTC
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This is why I am watching $JASMY and want to add above $0.0236:
It has not broken out yet unlike similar Alt Coins, in spite of its strong hold on the 0.618 Fib
Double 0.618 Fib hold observed now too since the recent pull back
Bullish triangle formed no...
2024-11-19 16:12:43 +0000 UTC
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Two fake outs above the 0.236 Fib at $3145 and the 200 MA on the 1HR chart and back below both levels now
A lower low has not been made yet however tho.
No changes to the chart but there is still a possibility of a flush down to the 0.38 Fib at $2955 next before it can go higher
2024-11-19 16:07:11 +0000 UTC
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$CCL looks locked in with the same strength as other travels stocks like $UAL an $DAL
Since its breakout of the ascending triangle at $20, it has not looked back and is running to the Wave 3 target.
Up +25% now in a month and +80% since August
Still more room to run to go to the...
2024-11-19 16:03:07 +0000 UTC
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$NVDA is holding well today as it leads into its earnings day tomorrow.
Price is back above the green support line and $141 too.
Dan Ives stated today that he believes $NVDA will knock it out of the park again tomorrow....he is very bullish on Tech but so far, he's leaning on the sid...
2024-11-19 15:39:39 +0000 UTC
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We have a 2 year wedge breakout today and already up +15% today because of this
We can see that the price got very tight into the apex of the wedge, the 50 and 200 Day MA were at this point too....so not surprised to see a strong breakout then
Ideally a retest of the wedge at $27.50 a...
2024-11-19 15:00:20 +0000 UTC
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Back to using our regular chart now, a reminder that I uploaded the Bear Case Scenario chart yesterday.
Price flushed down to the 0.618 Fib at $20 at the opening and within moments bounced and jumped +10%
Like I said in the chat group, this has given us a higher low and just now we ha...
2024-11-19 14:49:02 +0000 UTC
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$UUUU is a Uranium and Vanadium mining energy company and will be heavily linked to the movement of the nuclear sector.
We can see that it has been in a long descending wedge since the middle of 2021 and has tested the top line a number of times since then but has not broken out yet above $...
2024-11-19 12:51:53 +0000 UTC
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We can not confirm that this subwave bounce is complete just yet but it has met some resistance at the previous high from March at $0.82 and the pull back last week held on the 0.38 Fib, which would suggest Subwave 4 completed at this level.
So I have added in the white fib levels now if th...
2024-11-19 11:26:58 +0000 UTC
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$MARA broke out of the wedge but on the retest the support line could not hold, they also missed on earnings and have now completed a public offering of $850 million.....a lot going on over a short period of time, two negatives like this at the one time while retesting a year long breakout is not...
2024-11-19 11:18:00 +0000 UTC
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