I pulled my fibs off the yearly move to high and got these levels. I expect a test of this level once the yearly candle prints and will target for a 50% move. This is a first test of these levels and I expect a reaction off my box. Easy stop loss below. Let me know your thoughts.
My fibs have an entry and target. I have discovered a fib pull that is very accurate. I have many Chinese stocks dropping 50% and pumping according to my fibs. IQ will be the best performer. I will be buying when we reach $0.75. My target will be the the levels at the top of the chart.
Hello! XRP has tested this monthly/yearly level before. Last time it rejected as it was the first test of major resistance. Now a couple years later we are testing $1.70 again. If we gain this level and hold, I see XRP blowing through all time highs. My yearly and monthly projections have price going to $5. Not saying it will do that, but I think there is...
I believe we will come down early next year (bottom box) before we pump to test some important daily levels (top Box). Thoughts?
Would love to see them wick this untested level at $2. it seems crazy. But is it? Would buy heavy here.
Downward potential based on trend and my projections. Not touching until I can long it in the box. If it doesn't get there that is ok!
NTES is more likely to drop at this point. I would long in the BOX. I expect Netease to drop with the other chinese stocks, but It wont have as large of a recovery as baba, nio and bidu. If it ever gets to the box i would take a long term position.
I know everyone expects BABA to hold a higher low on the high time frame charts, but I expect new lows. Whenever my projections show a level below a prior swing low I dont risk going long until we get to the box. I will miss this trade if it holds and doesnt make new lows to my box. In part 1 and 2, I covered NIO and BIDU and I see a very similar play with...
Its important to look at the yearly chart to get the high time frame trend. If BIDU holds $43.11, this is still a higher low on the yearly chart. I love how $162 is already tested and my main target would be $295 top fib level. This fib is all .618 and pulled the all time high to the the swing which created this high. My buy box is also an untested yearly...
In my opinion, NIO is not going to hold local low $3.67 and will continue down. My proprietary fibs have been very accurate has confluence with a monthly untested level. I expect a move off this level. I will be going long and no stop loss. Just a cash position that I plan to hold for years. First PT would be the untested fib above which is also a monthly...
I expect a rejection at my projections. Might find support at the first level below the top box. I will consider a long there, but I will post a new chart once we get close to there. Would take a big position if we ever got to my bottom box.
Will be buying this at these levels because it is just too good of a potential payoff. Not following any of the news. just my fib algo.
Will wait for this level for a long term position. Like this level a lot before we go to all time highs.
DLTR has more to go down in my opinion. I don't like where it is holding now. I wouldn't be surprised if we get to the box. Will long here no doubt.
Will buy for long term position in the box if we get there.
Might take forever, but its coming down to the box at some point. Will load up huge in the box.
I am waiting for a long term investment fill at the levels in my box. Going to load up at these levels and hold. I am not convinced we hold here. Might take a while to get to my box. Will be setting an alert and waiting patiently :)