CAT has been surging with other industrials. China stimulus will probably keep it going. Looking for a dip here, or a Break-n-Retest. Here is an Hourly view with Local Fibs ADDED: $ 388.00 - 390.84 is the immediate resistance $ 369.46 - 371.58 is the first strong support. $ 353.22 - 356.26 is the CRUCIAL zone to hold. ======================================== .
NVAX has been testing a Golden Genesis fib. Look for a clear rejection or Break-n-Retest. Break to continue recovery or reject to DOOM. ========================================= .
FFIV approaching a major landmark around $250.00 It is likely to pullback from there for a dip buy opp. If breaks, there are only scattered clouds until 300's. ==============================================
Followup to my big picture idea posted here . (click). We were last watching $489.05 Golden fib for next move. After several orbits, the next wave has finally commenced. We are now approaching the first barrier and real resistance. It is POSSIBLE that we blow through it going to $600 It is PROBABLE that we see at least a minor pullback. It is PLAUBILE that we...
Follow-up to my previous Idea about 61.25k (click). The bounce from Golden fib at 52.8k was IMPRESSIVE. First jump was the big one but bulls are NOT safe yet. Need to be sleeping on the "Semi-Major" fib at 65,255. . The above levels are from bitty's " Genesis Squeuce " posted here: That single fibonacci series has called all major turns since 2015 till now.
Strong bull push from 52.8k Genesis fib to sister Genesis at 61,256 There is also a fib from the "Top Down" wave just below at 60,820 Lastly there is a fib of the "Covid Sitmulus" wave hovering at 60,298 Thus we are hovering just below a MAJOR resistance zone. Within the next day (of this posting time) is the FED decision. This FOMC meeting is to start the RATE...
This is part of my ongoing analysis, see links below. We have been orbiting 63.3k for several days. It is a key level of the wave down from the top. North of 63.3 is bullish, South of line is bearish. This chart is also a good example of my concept. The red fibs are extensions of an Impulse (fib 0.1). Purple lines are retracement levels of entire wave. Previous...
Bull trend at a Cliff's Edge here. Next support is a good ways down. Current support probably tapped. . 52.8k retest was always expected: . Check the "Related Ideas" below for the step by step mapping of the top.
Part of my ongoing analysis, see links below. Finally, a break of our 3 YEAR old resistance (see below). WWDC event probably fueled the surge, albeit a day late. Mapped are key resistances above, for possible pullbacks. $ 208.26 - 209.53 is the immediate hurdle. $ 218.76 - 220.68 is a more serious barrier. $ 256.10 - 257.41 is next MAJOR...
ANF has been on a relentless bull run. It has obviously hit "a" top if not "the" top. Mapped are key areas of interest for entries. $ 111.65-112.64 is current support, should break. $ 103.14-103.14 is the minimum expected retrace. $ 91.53 - 92.54 is the 'Ideal" zone for long entries. Key is to observe price action at each fib for...
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at...
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at...
This is a follow-up to my Big PIcture calling for $489 (click) High Gravity fib has held us in orbit for 2 months. Just got a retest on the day of Earnings release. This could mark the top or start next leg today. Time of this post is BEFORE the release, chart will not show results until next day. . Here is my big...
IR continues to print new All Time Highs. We might get a pullback here or soon. Lets see how it reacts at this resistance. $ 94.84- 95.14 is the immediate resistance. $ 99.90-100.35 will be obviously difficult. $ 73.08- 73.38 the dream long term entry. =======================================
This is a follow up to my $90 entry call (click). After a considerable retrace we have a bounce. The bounce is at a significant and key resistance. What happens here could determine the next trend. Immediate resistance zone is $103.14 to $103.82 Break above should run to golden fib at $117.36 Rejection could drop to golden below at...
This is a follow up to my previous Dip-Buy plot (click). New all-time-highs but pulling back going into earnings. Supports below at $162.06 (minor) then $143.07 (major). If earnings are seen as positive, watch $192.77 for break. . Previous post that gave the dip buy...
JPM is sitting on a Golden Genesis fib. Earnings to be reported today afterhours. Launch pad here? or fail and mark the top? $ 193.50 - 194.69 is the immediate support. $ 176.07 - 176.37 is first good support below. $ 206.20 - 207.37 first resistance just above. ========================================
Part of my ongoing analysis, see links below. Quick post to alert of a possible pullback incoming. We are rapidly approaching a Genesis fib at 2544.51 Its sister fib is what bounced us strong from 2307.19 It is PROBABLE that we get some retrace from it. It is POSSIBLE that to get a significant top here. It is PLAUSIBLE to break and retest to...