Wolfe Wave
PLTR Wedge Breakout OptionsI expect $PLTR to break out of its wedge this week. Two options for the breakout, if it can break above $28 it should continue to the upside, and start wave 5 the the Elliot wave. There was a lot of bullish volume at the end of the day Fri. to support the upside move. The max pain for this week is still only $25, and therefore bearish if MM/institutions force the price down into Thurs. for options expiration. I'll recalculate and update the max pain values later in the week.
CRSR Sideways for the weekTwo possible routes for price action but both should get it to the $38.20 range which coincidentally is the 38.20% Fib retracement for both sides of the recent move. RSI, MFI, MACD, all turning down on the 2hr so it will likely take the low road.
No weekly options on $CRSR so no max pain to watch out for. Max pain for 1/15 is $35 so maybe a move up for next week.
AMD TO $110🗣GET READY FOR SOME ATHS $110 TARGET!
Amd looks primed and ready for ATHs so I’ll keep it short simple and sweet for you all to follow along and bank with me on this long term trade.
Looking at amd 1 daily time frame amd has falling into a Wolfe wedge setup followed by a massive falling wedge off ATHs and it’s also being kept afloat by its uptrend signal given by our emas.
GO LONG AND STAY LONG ABOVE $91.53! This is amds 1 day 9 ema!
AMD IS CURRENTLY PLAYING OUT A BULLISH WOLFE WEDGE SETUP ON THE 1- 4 hour leading to the daily time frame!
WAVE 1 hit: 95.22
WAVE 2 hit: 88.50
WAVE 3 is currently in playing which I believe breaks it out of its resistance at 92.73 to retest wave 1 which is priced at $95.22
I believe once amd goes for that retest of 95.22 it’ll breakout hard!
My targets to upside are $96.37, 102.52, 105.73 & finally 110.34
AGAIN YOU ENTER LONG ABOVE 91.53 trigger using $88 as your overall stop loss. I say go 3 weeks out to make sure time is on your side cause you’ll need time for this trade.
AFTER AMD TAPS 96.37 I do expect some pull back hence that arrow is there after that test but I do expect $93 level to hold after then make those final thrusts , breaking my targets above to hit $110 overall target. @everyone TRADE SAFE
LFC Wolfe Wave Hello everybody!
I would like you to turn your attention to the LFC Stock, in which, in my opinion, the Wolfe Wave formation looms! The target of movement in this formation is on the line with point 6!
I bought the first position of 1,500 shares that week.
I wish you all good luck!