Eliottwavetheory
#BLNK Acending Triangle - BLNK After a hard fake outsell off BLNK found support on a strong trendline creating a textbook acending traingle, or abcde correction looking like like i said a textbook traingle acbde following rules with E being a common fakeout.
- Energy overall this year looks extremely bullish as well strong support with the EMA and the powerful Cloud long with a trendline.
- As energy sector been correcting its been looking like signals of reversal here soon for a explosive move to the upside keep it on watch!
#CRSR Long?- CRSR looking like a nice long after making a long correction of lower lows. But also making higher highs, but leaving nasty fakeouts.
- Its been holding support pretty good so far and its been bouncing of a strong trendline and fibs.
- It might have also left a scot wick to the upside possibility being filled if we start to push up but it has left a weak supply zone that we should rip right through if we return to thouse levels once again.
Overall bullish but if it breaks itrs trend of lower lows i would leave it alone as it then will become a risky trade.
#LI Reversal Coming Soon?- Li showing life of reversal here but breaking that trendline + Fib plus strong support will just bring more downside.
- But with that being said everything mentioned above plus indicators do show signs of a bounce or possible reversal here.
- Li usually runs along with Nio and Xpev as well can pump along with energy so its something to watch out.
Overall bullish as there is a lot off signals showing strong strength of reversal.
#DDOG Triangle Long!- DDOG looks like a Bullish Triangle With E ending bouncing off the cloud as well as the trendline.
- Also with thouse bullish engulfing candles the low has been set stop loss would be bellow or at that candle.
- DDOG also is a highly bought up by the legendary Cathie Woods.
#AMZN Is This The beginning of Amazon?- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs.
- Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count.
- ER should determine the direction of Amazon.
- I am not too confident on this one i would like to as FAANG is looking extremely weak
#MSFT Acending triangle Retest?- MSFT showing a retest of a somewhat acending triangle, making it a nice wave 2 count for a wave 3 incoming.
- MSFT also has a event on Monday and Tuesday along with AI.
- This can also be the retest here for a move higher but judging how market has been moving I am bearish on tech until they show strength and direction
#APPL Tech Bearish?????- APPL for the time being looks like it can bounce off support here soon, but if does it has to break that wave 3 for it to invalid this bearish count. Creating a Head and Shoulders.
- Apple if it follows this count will start of a huge wave 3 impulsive move.
- Bearish on the market for the time being mostly tech due to the events going on with the "Meme Stocks"
#WKHS Update -WKHS after an amzing breakout of a beatiful triangle i see 5 waves up for a impulsive wave 3.
- Its looking like a deep wave 4 retracement but it aligns for a the higher degree wave looking really good!
- I do expect a sideways movement before it does go to wave 4 but breaking the low will make this count be a 1,2 which means wave 3 will be more impulsive hopefully not but if it does don't miss it .
#LAZR Triangle?- LAZR looks like some sort of triangle abcde but can also be a 1,2 count,
- It does have strong support right now due to that trendline bounce and right into the cloud as well.
- Still cautious on this one but I do expect a bounce for a scalp or day trade
$OPEN Bullish!- OPEN is looking extremely bullish is in a huge channel between both trendlines (black trendline).
- It also looks like it broke out of flag and currently going to retest the trendline and making some sort of a falling wedge!
- It also looks like its a 5 wave structure to the upside, ending in that prefect trendline (black trendline)
- Overall Bullish with indicators showing sign of reversal don't miss this one!
$MSFT Long Return of Tech- MSFT finally showing life of a break out once again, this time i beehive is go time for it.
- It looks like its finally ready to break what feels like forever traingle.
- New wave count intact but it seems to be extended as that wave 2 retrace deep
- Overall market looks bullish on tech
$JKS Flag!- JKS looking strong with a huge Flag combined what i believe is a inverse head and shoulders.
- Its currently in a wave 4 correction phase so this could be a pullback.
- It also has a Biden catalyst too.
- Bounced off the fib nicely but once this flag i believe it is in i see a huge move to the upside
$LAZR Long!- Lazr update it is following the triangle its in it might be a diffrent count but almost all alt counts show this a full on long
- I see a triangle pattern along with it bouncing off support
- First target is 40 after that i see ATH
$SPCE Long-Spce looks like a impulsive 5 wave up
-Its also building an amzing rising wedge for that final leg up
-It also has catalyst witht he spce launch
-Overall bullish (trend is your friend)
