As you know, GE has been blazing upwards. It has just hit a confluence of major fibs. Looking for a pullback or Break-and-Retest. Given the strength, it is likely to continue higher. But it might be worth selling some of it around here. Or one could move stop loss to just below this zone. ================================================ .
UPS is hugging the underside of a major fib. Today after-hours will be an earnings release. What happens here could mark a turning point. See if breaks above 158.10 or drops to 150.74. Highly enthusiastic target above is around $170 Very bad news like FDX might target $139 below. (Drag DOWN on the price scale to see above/below) I have no idea of the...
I generally do not plot Stocks, but this one is too pretty. Plotted are two different fib series, and their confluences. Momentum says $160 easy next target, and likely pullback. Drag DOWN on the PRICE scale to see levels above/below. Drag RIGHT on the TIME scale to see more fib history. Hit "Make it Mine" under SHARING for your own copy. .
AVAX is approaching a Genesis fib level at $36.85. That major fib is backed with a local fib at $36.98. So we watch $37 closely, for clues to the next move. Rejection here could mark a new "lower high". But a break should jump to red zone at 42.99-44.75. So a break of $37 will be key to uptrend continuation. Here is the full plot of AVAX Genesis Fib: See the...
ABT's impressive Bull Run may be done for now. Good news for bulls: this Golden fib was PIECED. Exact turns (Pings), are more likely to end waves. If it continues to run, then we can observe fibs above. Drag DOWN on the PRICE scale to see the higher fibs. I like to sell some coins at each fib, more at the Goldens. ==========================================
Quick post to observe SMCI. All time highs but fibs to watch. "Super" Micro Computer indeed. Here are other targets/resistances above; =====================================================================================
The current bounce wave looks to be done. Now we watch and prepare at each support. Which supports hold or not will be telling. 42,789 is the first support, a Genesis fib. 42,200 is next, Covid + local fib confluence. 41,405 is a minor support that may slow bears. 40.4k is the CRITICAL support that bulls MOST HOLD . This is an update to the fib picture idea...
BTC is currently hovering within a very important zone. Zone is defined by confluence of Genesis and Covid fibs. These high timeframe fibs have caught all major turns. The zone of relevance is $ 42,200 to 42,789 (on coinbase). This may be a turning point into retrace before continuation. Bulls' best strategy will be to hold this zone thru the weekend. Strong...
SBUX is sitting on a key support going into Earnings. Confluence of two high timeframe fibs that are proven. What happens at this zone could start a trending wave. =========================================
All levels are from a single fib series explained below $4.62 is at a "semi-major" ratio (Goldens are majors). Many exact reactions to these fibs confirm relevance. Beak of this fib would signal end of correction. Rejection here could lead to new local lows. So what happens here will be very telling. Here is a full view of RUNE's Genesis Sequence: See "Related...
META is at a Genesis fib and round number $400. Expecting a pullback here, watching support below. If breaks above, then a retest would be long entry. Here is the full view of the Genesis Sequence: See "Related Ideas" below for more info about my methods.
DOT heads up at $ 6.86, a possible turning point. Rejection here could send this coin to new lows. Or a break and retest could be a good long entry. All of the levels on this chart are a single fib series. The fib series being DOT's "Genesis" (at birth) fib. See "Related Ideas" below for info on my methods.
Shown here is the same fib series in three different timeframes. Left chart shows its "Genesis" (birth) and the growth rings since. Right side charts show the same fibs but in smaller timeframes. We are currently approaching a key fib ratio at 20,320.71 (on coinbase). This is a "Golden fib" (1.618 multiple) most often a powerful bouncer. IF there is a bottom...
Shown here is the same fib series in three different timeframes. Left chart shows its "Genesis" (birth) and the growth rings since. Right side charts show the same fibs but in smaller timeframes. We are currently approaching a key fib ratio at $23,255.10 (on coinbase). This is a "minor" ratio (light blue) with a semi-major above at %25k which broke. The "Majors"...
All levels plotted are from a single fib series, its "Genesis Sequence". 6.853 is 1.618^4 (to the fourth) and obviously this asset's KEY threshold. Even the Fib-BLIND can now SEE this level very clearly for its importance. . I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look...
Assets have many Impulses in a lifetime, but only one "Genesis Pulse". Genesis as in "birth", programmed with all of the DNA it will ever have. That Impulse determines the "Sequence" of growth spurts and retraces. Imagine it this way: - Each person that buys some, tells on average 1.618 others to buy. - Like an undulating insect swarm, there will be waves of...
Will be looking at indices and various stocks. Will NOT be any audio, will TYPE notes on charts.
JASMY recently topped exactly where we expected. Now it looks to have completed a viable ABC retrace. Even if not "the bottom", expect a decent bounce soon. . I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern". My TV...