the extreme volatility of $GMEtargets have obtained using the Fibonacci levels of the shark harmonic pattern mentioned in the previous post.
Memestocks
Palantir breaking downSince PLTR IPO, the price has been ranging in 3 areas.
It appears we are breaking down from the strongest support (bottom on range 2), and will potentially enter the range 1. This level is also coincidental with 61.8% Fibonacci Retracement line.
I would be willing to enter a position for a long-term trade, if we can reach the high of the IPO, which is approximately $11
Goodboy DogeThis is not investment advice, unless you are considering investing in a puppy. In that case...bullish..
#dogecoin to the moon BITFINEX:DOGEUSD
Butterfly reversal scenario with $215 target on the 3rd wavein the last post, I had about AMC I showed you we are on the 3rd wave of Elliott and the target could be $215. if this target is true it could have a butterfly reversal scenario. with this target and butterfly harmonic pattern I have calculated the 4th wave and the 5th wave of Elliott and the ABC correction. you could see the targets in the chart.
don't trap in the long-term ABC correctionthe microwave 5 of wave 5 has remained but the risk of it is too much
The key levels on the path of 9Yellow: what you saw the last week
Green: what you saw on Friday
Red: what you will see in the future
GME could rise to $530 or $560 after it drops to $9targets have calculated with butterfly and shark harmonic patterns.
the targets of $Plug with harmonic patternsXABC is a butterfly harmonic pattern:
AB=0.78 XA
BC=0.38 AB
tp1=1.6 BC=$62 *reached*
tp2=1.27 XA=$134
tp3=2.24 BC=$325
other targets with X345 cypher or shark possibility:
tp4=1.13 3-4=$94
tp5=1.41 3-4=$155 *more likely*
tp6=1.6 3-4=$220
since other targets of butterfly are higher than $75 the price zone of could not be dangerous, but be careful at this price zone.
correction from $24 to $10 was the 4th wave?recently I was extremely bearish on MVIS but I changed my mind.
XABC shark harmonic pattern:
AB=0.38 XA
BC=2.24 AB *invalid*
tp1=0.78 XA=$20 *reached*
tp2=0.88 XA=$29
tp3=1.6 BC=1.42 3-4=$34 *cypher reversal possibility*
tp4=1.13 XA=$76
tp5=2.24 BC=$248
AMC is bullish on the 3rd wave of Elliottlet's talk about what we have now not what we will have. the 1st wave of Elliott broke down descending channel and 2nd wave pullback to it so we are on the 3rd wave of Elliott but what is the target. we have a butterfly that gives $43:
AB=0.78 XA
BC=0.88 AB
CD=1.6 BC= 1.27 XA=$18 *reached*
or
CD=2.24 BC=$43
since we had a strong wave on the 1st wave I believe the target must be higher. the target of Fib channel of the whole chart is $215
a pop to $40 and then sinking!butterfly harmonic pattern:
(4)=0.78 (3)
(5)=0.88 (4)=$39
(A)=1.6 (5)=1.27 (3)=$14
(B)=0.38 (A)=$20
(C)=2.24 (5)=$8.5
calculation of targets of the unpredictable stock!crab harmonic targets:
AB=0.38 XA
BC=0.88 AB
tp1=2.6 BC=$32
tp2=3.6 BC=$160
tp3=1.6 XA=$750
other possible targets:
tp4=0.88 AB=$2 *reached*
tp5=1.6 BC=$6.7
tp6=0.88 XA=$24
tp7=1.13 XA=$76
tp8=1.41 XA=$280
I'm not sure the 5th wave is starting or the 3rd wave!cypher targets:
AB=0.38 XA
BC=1.42 AB
tp1=1.27 BC=$2.3 *reached
tp2=0.78 XA=$4 *reached*
tp3=2 BC=$11
other possible targets:
tp4=0.88 XA=1.6 BC=$5.5
tp5=2.24 BC=$20
tp6=1.6 XA=2.6 BC=$47
I wouldn't sell till see a reversal harmonic pattern.
Clov is a crab!crab harmonic pattern:
AB=0.38 XA
BC=0.88 AB
CD=2.6 BC=$14
or
CD=3.6 BC=$18.5
or
CD=1.6 XA=$29
from $2.8 to $250we have a Gartley harmonic pattern of the 2nd wave of Elliott with three targets:
tp1=$4.6
tp2=$3.6
tp3=$2.8 *more likely because the 2nd wave could form butterfly pattern with ABC and the 1st wave with $250 target*
Fubo could have a positive reaction to 55 day moving averageI've been hoping that Fubo remains above the 99 days moving average and doesn't get bearish cause I saw Fubo for the first look a bat but today I see a crab!
crab harmonic pattern:
CD=1.6 XA=$6.7
or
CD=2.6 BC=$5
or
CD=3.6 BC=$2
I see the left-wing of the butterfly!37$ could be the end of the 4th wave of Elliott.
butterfly harmonic pattern:
AB=0.78 XA=$37
BC=0.88 XA=$90
CD=1.6 BC=$20
option season is coming with the volatility!VIX maybe have a positive reaction to the static support or floor of descending channel.
The second wave is over, the third wave is startingABC shark pattern
AB=0.38 5-A
BC=1.6 AB
C-3=1.6 BC
Blackberry is a shark!four targets possibility with shark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
CD=0.88 XA=$52
or
CD=1.6 BC=$59
or
CD=1.13 XA=$96
or
CD=2.24 BC=$193
