Devin567

Devin567 Updated 

well its not what the market does but what the market is supposed to do and doesn't. I stole that line from trade devils... i was looking at a bull flag to finish off the correction but it looks like shiba is going to take a different path. down to finish off a triangle then hopefully up to finish off the correction around 5000. Trade safe, Devin

Devin567 Updated 

so looks like Shiba put in the 4 i was looking for and is working its way out. I have moved the target up based on the structure of the start of the proposed 5th wave up. Trade safe, Devin

Devin567

hey everyone... it looks like Shiba is finishing up a correction before heading for fresh lows. trade safe, Devin

Devin567 Updated 

So I needed to update my EW count as the price action has cleared up a few things. Matic saw a 26% daily candle, with the largest volumes its had. I now believe it is in a 3rd wave with a minimum target of $2.00. I could see Matic ripping up much higher to account for the larger wave 3 target around 5-6 dollars. A loss of the POC on large volume would have me...

Devin567

Looking for ADA to finish out its "WXY" correction around the 1:1 area, which is also the golden zone retrace and high volume node. After which I'll be looking for a target of around 9.4. Trade safe, Devin

Devin567

this is my bullish count for Matic/USD. It looks like its finishing up wave 4 and has a wave 5 target of 1.60 to complete the structure. I will be expecting a retracement from that point putting in a larger degree 2. the chart is showing some larger upside targets around 5.00 but will be made more clear IF matic hits the 5 wave target and completes the larger...

Devin567

taking a look at MATIC today. looks like MATIC has a motive wave up followed by an "abc" correction followed by another motive wave. At the moment i looks like MATIC is working on a "1-2". If price comes down on low volume to the .618 retrace, we have a potential set up for a move up. The .618 retrace is also located at the 50 MA on the 4 hour chart. If price...

Devin567

WEED is looking for a "big" bounce here. 5 waves down to prior support. Looking for 3 waves up to target 36.35 which is the .5 fib retrace. Great RR here. WEED could go even higher and target the golden zone retrace around 42-44 dollars. But i am looking for an ultimate low around 7.88 to finish the correction and move to new ATHs. Trade safe, Devin

Devin567

so after the "big" drop i thought i would update my chart for the few that look at it. The drop went to the .618 retrace, which would have me thinking we have put in a "2" wave or a "B" wave. If the .21 level is going to hold the 1:1 at 40 cents is the next area of interest to me. a strong rejection from that point would lead me to believe the PA from the .16...

Devin567

just a look at the local correction... looks like a double 3 and should resume the trend up... If doge can get over.305 and hold will be telling.. or a drop below .28 Trade safe. Devin

Devin567

looking for DKNG to complete an ABC down to 27 dollars.

Devin567

Penn broke the ATH with volume. Is Penn going into mark up? if so i have a target up at the daily r5 pivot to finish off the 5 waves up... big correction to follow. good luck trade safe and have a great day.. DYOR

Devin567 Updated 

my bullish thoughts on PENN. this would be my primary thought IF penn breaks 16. have fun out there be safe!

Devin567

Just some short term thoughts on Penn. have a descending triangle with target and a possible adam and eve set up. I have a bullish set up as well if anyone wants that posted but this is my primary thoughts.

Devin567

My bullish count for MGI... very clear motive waves up into a ABC corrective wave down to the trend line.. oscillators are reset. looking at the start of a 5th wave up. If the earnings report is good im expecting the 5 wave to over extend. Im expecting bearish divergence when this leg completes so trade safe everyone!

Devin567

JCP broke out of the descending channel. clean impulse move into a running flat correction and broke out with a 3 wave yesterday. looking at a couple possible targets for today as shown on the chart. JCP is getting close to earnings with a strong push before.. i have no reason not to be a bull here.

Devin567

Have to see how today and tomorrow pan out but looks like TSLA is going to have bear div on the 1 day.. already showing on the 4 hour.. with decreasing vol on the move up. The stoch rsi is also almost over bought on the 1d. looking for a pull back to at least the .618 fib of the 3rd wave up.

Devin567

3d chart. the last 3 candles have increasing vol and candle spread. the last 3d close however was a spinning top so over this week we could see a reversal. The daily candle is setting up to potential reversal as well. i could see a trip up to the EQ of the range around 10400 before getting rejected from the downward sloping trend. im still looking for rsi to...