Followup to my Long Call that got 40% plus (click). Big Blue has been flying since our entry. Currently tap dancing on a Genesis fib. And reinforced by Covid Fib just below. Earnings tonight will make next move. If dumps, look for supports below to buy. If pumps, I will calculate new targets above. $ 229.05 - 230.71 is the exact level to hold. $ 218.38 -...
CAT and industrials in general have been flying. Fell below Golden Genesis fib on earnings report. Retesting from below, rejection would say Topped. $ 388.00 - 390.84 is the resistance to watch. $ 369.46 - 371.58 is the first possible support. $ 353.22 - 356.25 is a Must-Hold and ideal buy. ============================================ .
NVO has been retracing from its record highs. Now at a fib confluence that may end the retrace. Look for a clean bounce here for possible bottom. $ 111.17 - 111.50 is the exact support of interest. $ 108.35 - 108.58 is next support and for SL shield. $ 115.73 - 111.50 to break for bottom confirmation. ============================================== .
BTC is fast approaching a "semi-major" fib ratio at $72,937.41 All of its sister fibs have marked key turning points since 2015 Price action here will be very telling of this bull run's strength. It is PROBABLE that we get some retracement from here. It is POSSIBLE to break and retest that fib for continuation. It is PLAUSIBLE (but unlikely) that 72,937 will be...
Chips at key levels, AVGO a good example. Golden Genesis fib marked the recent peak. This test could make or break the whole trend. $ 184.47 is the key level of interest. $ 167.98-169.46 is the first support below. $ 205.77-211.17 is next major barrier above. ============================================ .
PENN has been in a several year downtrend. Currently bubbling against a Golden Genesis fib. Clear to all humans/bots/indi''s so very important. $ 20.49 is the fib, call it 22.50 for rounding. $ 18.79 is key support below and SL shield. $ 22.28 is first target and then re-evaluate. ============================================ .
AMD live event was apparently a dud. Was at resistance already, so easy drop. Green support zone below is a Must-Hold. $ 163.30 - 163.55 is minor support that looks burnt. $ 151.42 - 154.86 is crucial zone with strong bottom. $ 171.10 - 174.28 is key resistance with strong middle. =============================================== .
CVNA has been flying off the bottom 2 yrs ago. Latest bull wave may be coming to end soon. Earnings due soon, should make the decision. $ 209.35 - 209.98 is the immediate resistance. $ 219.04 - 222.96 is a major cluster of 3 fibs. $ 233.74 - 234.60 is an overshoot target above. $ 195.31 - 196.95 is the first (moderate) support $ 180.87 - 182.38 is a better...
PEP earnings report due today after hours. Key support below formed by a double fib. Proven resistance above will be a hard break. $ 165.35 - 165.31 is the exact support $ 171.48 will be strong resistance above. $ 161.49 will be key uptrend support below. ======================================= .
TSLA dumped after the dud we-robot event. Now we have earnings report coming tonight. Earnings could reverse the drop or continue it. $ 209.26 (dashed Fib) is a Covid Fib recently proven $ 205.17 (thick blue) is a Genesis Fib but minor ratio $ 212.92 (thin red) is wave down from top, major ratio. ================================================= .
"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...
Followup to my long call on $8.10 break (click). We got out scalp long entry and exit on fibs. We are now back to the scene of the crime. Major support tried to hold but looks to fail. Starting a new week so maybe new sentiment. $ 7.97 - 8.10 remains the key support here. $ 6.92 - 7.07 may be tested if bears step in. $ 4.57 - 4.70 will be critical uptrend...
DVN has been in a downtrend for some time. Currently testing a major dual fib support. This was pierced so not as confident to hold. $ 39.06 - 39.22 is the key support zone. $ 37.14 below is the first support level. $ 42.58 above will be the first barrier. ======================================== .
Nuclear stocks have been exploding (lol). This ETF has just hit a major landmark. Recently proven Golden Genesis fib here. It is PROBABLE we orbit this a few times. It is POSSILBE that we break and continue. It is PLAUSIBLE for a lower high of the top. $ 53.55 is the exact level of interest. $ 49.43 is first support, 46.88 stronger. $ 60.22 is next target if...
APLD up against a Golden Genesis fib at $8.10. This high gravity fib as captured price into orbit. If bulls can achieve escape velocity we get a pop. $ 8.10 is the exact level of the Golden fib. $ 9.28 is the exact target we will look for. $ 7.37 is first support to serve as SL shield. ========================================== .
Commodities have been in a strong uptrend. Silver is approaching a MAJOR fib at $32.96. a "Golden" Ratio and sister of our bouncer. Here is a Single-Pane chart for easier copying: ================================================================== .
LMT blasted to a new ATH at mach 10. IF this bird has a fatigue point, this is it. Cluster of fibs including a Golden Genesis. It is PROBABLE that we orbit a few times. It is POSSIBLE that see get a significant dip. It is PLAUSIBLE that we have TOPPED for a bit. ========================================
DOCU finally floating upwards with the tide. We have just hit a Gollden Genesis fib again. Last touch give a big drop to possible bottom. It is PROBABLE that we Break it this time (look for Break-n-Retest). It is POSSIBLE that we get a good dip here (watch the fibs below). It is PLAUSIBLE to double top and die too (unlikely but could...