Dowsing
Short Term Pop in CLVSI have CLVS coming up as about to have a good pop. It's at 6.58 now (10:30) and my pendulum keeps going to parabolic. The move won't last though. My expectation is it gets to around $7.85
This is based on my dowsing method
The trendline below needs to hold or forget it, unless it just looks below and comes back in.
PEAK in place for longer term reversalThis is based on my dowsing work and there's some alignment with Martin Armstrong's cycles, though he would wait for the close of February.
Regardless, I'm basing this idea on my dowsing work, which indicates this as a lower high of an important and longer term peak in in GLD, /GC and even miners (see post on GOLD).
Where it stops, I don't know, but give yourself plenty of time. If it takes out the prior peak, I'd say I'm wrong.
Elevator action to come?Based on my dowsing method, the guidance is that TLT has made a peak for a bigger reversal. 2 symmetry resistances have held today and the idea is wrong with a close above those levels.
I'll update this idea with a target after the move down.
It's interesting that this idea is in alignment with the GLD idea, which makes me wonder if indexes are going to finally get it together. I think TLT and GLD are easier trades than indexes, however.
BHP Breaking downThis is an intuitive hit that just popped into my head today. I don't know the stock, but options are really good. Symmetry support at $51.17
My pendulum reading suggests it's going to breakdown from these lows it's been trying to hold. It's possible they are going to purchase another company or something, and the news creates the drop. Idk.
I'm looking fro $45 in the next month, and maybe down to $41.50
BXRX FDA approval lotto playThis idea comes from recent success in a Sprint trade. It was slow in coming, but it did come through very successfully, which is the impetus for this idea of "reading" tickers with binary events.
This is purely a news driven idea in which there is no technical reading of the chart what-so-ever. I have no idea if this will be correct, and am really using this platform for journaling & finding others who use similar methods. I'm getting the tickers from a freely available online calendar with the PDUFA dates.
I use a pendulum and cards I made up to gain information on the "energy" of the situation. Anyone doing anything similar, please contact me to share information. I'm definitely on the fringes here.
BXRX has a deadline for an FDA approval tomorrow (2/20/20).
My indications are that it is APPROVED. I don't read about the details of the application and I don't care, although reading it may help my insomnia ;)
BXRX is currently trading at the LOD $7.88 - 5.97%
Indications are it could go up to $9.14
The ATH is $9.60
We shall see...
IRBT Shorts "Sweep" in the Cards?IRBT - I'm expecting a move up. What I like:
- Half-assed inverse head and shoulders on a daily
- Start of an uptrend (albeit disorganized and choppy)
- Relative strength with the indexes down over 1%
- Holding closest symmetry support at $50.20
- Cluster of symmetry support from $47-48.33 with the uptrend line
-786 fib retracement at $49.31
- Big ass gap above
Beyond the technicals, my intuitive/dowsing approach is hinting at a short squeeze and move higher; and with 50% of the shares shorted (as I understand it), that could be F-U-N!
CHK Reversal in the works? LONG is the answerEarnings tomorrow and my dowsing and intuitive work led me to this one. I have indications of a longer term trend reversal. It may dip first, but should be bought.
If any of you know anyone doing kooky stuff like this, please send em my way.
I'm just gonna guess they don't lose as much as expected or some kinda good news, hang on tight! Could be a fun ride.
LLY Sell the RallyMy dowsing method suggests LLY gets their FDA approval, and the stock will pop, but that in the longer term, this stock is going to breakdown; probably with the entire market.
I'm getting that the resistance will be around that $145-46 zone, which would also be a test of the uptrend line from below. Good luck!
ESPR FDA burn it down?BE CAREFUL!!
I'm getting bad vibes on the news for tomorrow in this one. This is based on my dowsing work and it suggests a drop of 38%. That would rock it down to about $42.50
FYI I don't know anything about the fundamentals or background on this pending approval, and I really don't know anything about the company, nor do I care.
I'm not super confident yet in estimating percent moves, and this is only my second FDA prediction, so we'll see.
OSK BTD off Symmetry SupportThis came to me in meditation, and this is a good thing, usually. The chart is ugly with no great trend, but this is what I'm given. I do technicals and then a "reading" with my pendulum and cards.
What I'm seeing:
- weekly timing just counting bars, and it appears to be in a weekly timing window.
- 200 EMA at $83.42, 50 week MA $82.45, weekly ATR trailing stop just above there and Symmetry support at $81.76
- I like the zig zag pattern down.
- The "reading" indicates we expect to dip below last week's low ($83.62) and reverse. I feel good about the message and the way it lines up with the technicals. I'm looking for a 5% gain this week ($86.55 from entry) and then I'm out.
- Entry ~ $82.43 near 50% retracement
- Stop is a daily close below $81.76 (sym. support)
FIZZ back to buoyant?First post here. FIZZ keeps catching my eye, so I notice today it's broken some bearish symmetry resistance. I'm not even an Elliott wave novice, but it looks like 5 waves down and breaking the downtrend lines.
The dowsing I do suggests a trend reversal in the works.
Symmetry resistance coming up at 45.28. Wouldn't be surprised at a slight retrace around there.
At the moment (2/14 1:30) symmetry support is at $43.91 and $43.44 and that would be a good entry zone if it holds. Stop out if it's going to close the day below $43.
Hold time is ~5.5 weeks with target of $51.33
ESNT more like, DSNTLooks like break of a neckline on a weekly and daily chart. A sloppy head and shoulders. Symmetry support held at $48.15 this morning after earnings, but my dowsing suggests selling rallies with a trend reversal, and that ESSENT is in DESCENT.
2 Bar daily squeeze likely to fire short, and I expect downward pressure on indexes, so this looks like the beginning of a downtrend.
I wouldn't want to see it close above it's 20 period daily MA (now at 51.30), but stop at $52.
Entry anywhere under there.
Hold ~9 weeks. Target $34.38 area