Buy when everybody else is selling. Could see some more downside, but still looks bullish.
Yesterday had the hourly reversal candle. Today we have a nice dip, pre market. Question is, should we buy it? I do like the green range. Looking for bull volume at opening. Not sure what to expect.
Circled, is an hourly reversal candle, followed by a confirmation. This is the first sign that the top may be in, or near. The after hours move looks bullish, but stopped at the 1.272 extension of the drop. It is a 3 wave move, so we could be looking at the hourly reversal candle to mark the orthodox top. Gann teaches us that volume is often the highest near or at...
Broke through lower diagonal. Needs to see continuation before a retest. There is a nice gap to close around $11. Big Pharma is expected to enter the market if/when the MORE act passes...
The leader by market cap and by quarterly losses broke out from downtrend. We should expect a retest at some point. Current price action looks corrective.
In line with the broader industry, looks like (iii) is in, here? Remember, Elliott Wave tracks market psychology. It doesn't predict the next move. Any wave can extend at any point in time. At the same time, any impulse wave can suddenly become part of a larger correction. Don't get greedy. I am expecting consolidation. A significant earnings beat could (maybe)...
(iv) could already be in, but she needs to break out today for that to be true. Bounce looks corrective, if this goes lower, prepare for a minuette degree C wave. Looking for lower support, perhaps the hourly MA50. The larger move isn't over, but we could see some consolidation here.
At the golden pocket. Wave 5 target reached, but could extend. Low volume, hard to chart. Bearish confirmation below $70.81.
Friday provided an excellent entry for a trade. Get ready for that double top, but don't count on a deep pull back. Wave 3 of 3 of 3 commencing, and those take hold anywhere they want. Don't invest. Play. This is a shit asset.
Is this monster about to go full parabolic, or is it time to take profits? (5)=(1) here, but 1.618x(1&3)=$85...
I'm happy nobody has sent me death threats yet. Being careful with ACB, not even bearish, but just neutral, is clearly more dangerous than being openly gay in a Newborn Christian community. What's up with that, folks! As you can see in this chart, ACB looks incredibly strong here. But earnings is coming. How many times have they sold us lies? All I am saying is...
Garbage company, and the only ones buying, are now blocked from buying. robinhood.com
Time to lock in some profits? It has been a killer ride, since I first discovered this at $7. Best play of the year! Congrats to all that followed me. This one worked out exactly as planned, which is rather rare... We caught the break out from $16-ish, and we played the entire ride up. I sold most of my position yesterday. It looks like she has another leg in...