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Discovery

Might be the biggest opportunity we will see in a whileI realize majority of people will read this and laugh.. that's on you if you miss out - I'm just pointing out the possibility and I see it clearly in the math: So this is the most extreme upside case that I see for QQQ near term. I posted a bigger picture for QQQ with what I think are realistic targets in normal conditions. This is a special case that can occur during a very massive squeeze. @quynhpham48975 you have been emphasizing this upcoming event, and tonight I finally saw what you mean clear as day as I came across CAR and remembered then backtested this! This is insane but you are absolutely right. I have played this set up before in CAR back in March, and I'm now recognizing it for so many tech names (see below for example): Below I define setup that I have backtested and am now seeing for a ton of names in the market. I'm not sure if there is already a conventional name for this setup, if so let me know! Otherwise, I'll be referring to it as a "swivel": Rules: - Let x.l be the swing low coming off a major decline, wave x.u is first upside peak following x.l - alpha is the wave down following x.u. Alpha retraces 1.272-1.414 of x.u - beta is the wave up following alpha. Beta extends 0.618-0.786 of alpha - gamma is the final wave down following beta. Gamma retraces 0.618-0.786 of beta - OMEGA is the target after the swivel completes. OMEGA extends 4.618 of gamma, or Sigma = sum of waves x.u-gamma of x.u (when ~4.618 of gamma & ~Sigma of x.u align these almost always hit) *** One more side note that I always see with this setup, notice the stochastic RSI forms an inverse Head and Shoulder during the swivel. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- See you at 353 triple Q. The earliest I see this unfolding (i.e. hitting this insane target, but no cap it's bout to hit) is July 14. Woah. Sincerly, Woah P.S. Here are 10 more names that all have this setup, the levels outside parenthesis are their best case scenario near-term targets (in parenthesis are levels that might be more realistic, but if the extreme levels hit I won't be surprised): SPY 436 (423) TQQQ 45 (39) AAPL 167 (151) BYND 43 (35) ROKU 159 (111) wtf, plz hit MSTR 330 (271) COIN 107 (80)... yeah that means BTC about to lead this, probably that and NVAX approval... and just generally shorts are in trouble if this triggers SQ 103 (85) W 108 (69) HUBS 526 (404) P.S.S. notice that region circled in mid April on the QQQ chart... that right there set this in motion to occur downstream IMHO. It was a massive battle between bulls and bears at the time and bulls lost, but they'll get the last laugh here it seems. I have seen this a lot in names like BHVN preceding a massive squeeze such as the one anticipated here. We bout to see some fireworks.
NASDAQ:QQQLong
by JerryManders
15
Bullish Swivel - Example/FrameworkThe purpose of this post is to define a setup that I have backtested and am now seeing for a ton of names in the market. I'm going to kill 2 birds with 1 stone and also make a forecast for CAR near term. I'm not sure if there is already a conventional name for this setup, if so let me know! Otherwise, I'll be referring to it as a "swivel": Rules: - Let x.l be the swing low coming off a major decline, wave x.u is first upside peak following x.l - alpha is the wave down following x.u. Alpha retraces 1.272-1.414 of x.u - beta is the wave up following alpha. Beta extends 0.618-0.786 of alpha - gamma is the final wave down following beta. Gamma retraces 0.618-0.786 of beta - OMEGA is the target after the swivel completes. OMEGA extends 4.618 of gamma, or Sigma = sum of waves x.u-gamma of x.u (when ~4.618 of gamma & ~Sigma of x.u align these almost always hit) I illustrated using CAR and will be referring to this in upcoming posts for a lot of big names that are about to see insane upside. *** One more side note that I always see with this setup, notice the stochastic RSI forms an inverse Head and Shoulder during the swivel. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ CAR near term is interesting, after hitting OMEGA back in march its pulledback nearly exactly into the swivel pocket and appears to be reforming the structure. If it can complete beta and gamma in time to align with QQQ popping any day now, then at minimum CAR will run to 250-300 by end of July. Wow.
NASDAQ:CARLong
by JerryManders
DISCA entering new cycle Discovery Elliott Wave analysis Discovery just finished a descending triangle ( top declining b, d ; bottom flat a,c,e ) fallowed as expected with a new wave 1 We can see a clear impulse Wave 3 of one degree down, who s traveling fast and upwards. I expect a retracement of Wave 4 with support from the channel at $27.50 Disclaimer My content is intended to be used and must be used for informational purposes only.Do your own analysis before making an investment based on your own personal circumstances.
DLong
by WavesInvesting
Quant-om Physics Get excited about this coin. - One of the best tokenomics in the market. - Current Supply 12,072,738.00 QNT / 14,612,493 QNT Max Supply - Just like Bitcoin QNT has limited amount of coins. - Simply econ 101. - When supply is maxed. Demand continous to grow. Price goes up exponentially. What is QNT? - New coin launched in late 2018. - Just reached major exchanges. - Has $3,698,513,164 Market Cap. Very low. - Ranked #46. Should be a top #20 coin. - Uses an over ledger technology. - Use case is questionable. Since it is a new project. I am willing to bet on it since the founders are very reputable and active. Theory - I believe once the total supply reaches its limit. I think this will create price to go into discovery. - The chart targets are simply fib extensions. Anything below $300 is a gem. This can be worth thousands per coin.
Long
by AthenticWhale1
Discovery Jumping on Sell BandwagonBased on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 27, 2021 with a closing price of 28.38. If this instance is successful, that means the stock should decline to at least 28.23 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 2.311% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 4.10% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 6.591% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 40 trading bars after the signal. A 0.5% decline must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 8.0 trading bars; half occur within 20.5 trading bars, and one-quarter require at least 33.0 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
DShort
by StockSignaler
1
Discovery +15% Long OpportunityDISCA appears to be doing bullish things to start the new week off as it continues to hold above a critical $30 price level. It has consolidated nicely after breaking out of a supply line that has held it down for months now. It is now beginning to make higher highs and higher lows on the smaller time frames and now has bullish confluence with the 21 MA and $30 support just below it. This will serve as very thick ice for the bears to break thru. Look for an upside target of around $35 before traders begin to take profit. The 200 MA is also currently around this target area, which could serve as resistance as well.
DLong
by TradeVibez
DISCA Discovering it has a future and ready for MEDIA WARS 2021Discovery in its merger with Warner Brothers, ATT, and a bunch of other media giants at war for who will control Streaming in the future! This is like watching Pirahana Eat Each other while Small groups of fish, mammals, and other non aggressive beings are torn to pieces as the feeding frenzy and blood lust begins! Either way this is a strong place to get in on this chart. Identifying the bottom several different ways. With the skys the limit. There really is nothing stopping it ceiling wise for almost $30 Lets go Chum the waters for more cannibalistic fun! by iCantw84it 05.26.2021 I know I know I didnt put the S in DISCA. SMH
DLong
by iCantw84it
12