For the better part of the last 3 months I have been observing Bears and Bulls jostle back and forth in a tug of war. It began with an indicator of Bear/Bull market I could use and created a chart based on the 21 week EMA. Then I listened to the Volatility Legend, Cem Karsan Cem brings up a few points that not a lot of people talk about: Options...
Following an impressive rally from 1330 lows last week price has once again reached and rejected at 1600, after finding support at the 1535 I expect another break-out attempt would clear 1600 and put us on track to previous highs at 1674 and beyond. A retrace towards the 1505-1495 zone might also give a setup next leg up.
MANA - Stong Buy Near-Term: $.07731 Learn: decentraland.org FMW More derailed analysis to come... FibMarketWatch.com
Going through a few Swedish and Nordic stocks for my friends.
We are currently developing a 2nd correction within this bear run. There is a H&S formation forming within this correction that is telling me we may have some impulsive moves to come within the next day or two. TARGET is 1.1180 where we will then see what the market shapes up for us at that point. NOTE: I am keeping in mind that we may see a third touch of this...
Hi Folks, here is a basic Elliott wave of Tesla's rise over the last five years. This is a nice, healthy, and evenly distributed 1-3-5 pattern, and we are currently in the ABC (or ABCDE) corrective wave. Basic structure resistance in the low 200's could be a great buy opportunity for your long-term portfolio to hold and appreciate over the next several years, but...