PFE is near Covid lows while others are flying. No idea whats wrong or pharma/drug standing. Chart says possible bottom or one more drop yet. $ 28.56 - 28.63 is the immediate hurdle. $ 28.18 - 28.26 is the current support. $ 27.57 - 27.66 is best guess of bottom. ========================================== .
VRT looks to be resuming uptrend. Now retesting a Golden fib at $83.69. This could be the start of next leg up.
Followup to my previous Swing Trade plot (click). ANF peaked exactly at our Genesis fib at $196.93 The pullback has been strong but controlled so far. Now trying to paint a bottom if breaks resistance. Previous Analysis: ================================================================== .
MRK testing a fib that is now clear to everyone. Break and Retest is the signal to be looking for. Rejection would make us look at the fibs below. $ 111.22 is the exact level of interest. $ 109.61 would make for a good StopLoss. $ 116.51 will be first target for some profits. ========================================== .
Banks have been rising to record highs. GS is at a breakout level, obvious to all. Look for breakn- retest or dip for entry. $ 518.51 - 515.86 is the ATH barrier. $ 510.40 is the exact dip of interest. $ 536.50 - 537.73 will be easy target. =================================== .
SQ is far vbelow its all time highs. But it is showing signs of bottoming. Now testing a critical double fib here. $ 71.84 - 71.94 is the exact barrier to warch. $ 66.07 - 66.36 is the first good support below. $ 80.96 - 81.16 is the first resistance and target. Drag DOWN on the price scale to see fibs above. =========================================== .
FFIV has been making strong bullish moves. Now testing a major resistance of double fibs. Look for pullback or Break and Retest for entry. ========================================== .
PYPL has been on a strong surge from various news. Now at a Double-Fib resistance that might reject. Looking for clear rejection or brean and retest. ============================================
IBM had the business office monopolized but then lost it. PC's came and they said "it's a fad, we have TYPEwriters" AI came and they said "we have Watson, he plays chess" It has however been in an uptrend with the market. Retrace is now testing a key support fib at $163.30 If that one fails, we have a fallback fib 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 buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected...
All three levels are from a single fib set, the Genesis Series. All humans/bots/indi's have recorded the recent reactions. So a break of either side will say a lot to a lot of traders. And that is how even the "fib-blind" evenaully do see them. ==================================================== .
QQQ is dancing on a high wire, a Golden Genesis fib at $422.93 Failure here could indicate top is in, so this is a key level here. Just below is a fib confluence at $418, last stop before SERIOUS dip. It is PROBABLE that we orbit this fib for a while. It is POSSIBLE to bounce here and keep going up. It is PLAUSIBLE a bull trap / distribution is done. Here is a...
Intel may now be the dinasaur of Chips. The stock has been dumping for decades. Last drop has bounced to major resistance. It is PROBABLE that we "orbit" this fib a few times. It is POSSIBLE that we reject for a "lower high" here. It is PLAUSIBLE that we break and end the down trend. ================================================
Followup to Idea calling for $ 50-66 swing (click). EBAY is pushing towards our 1st major target. Above are 2 overshoot targets in case of break. This is a good spot to start booking some profits. Chart is 3-day tf, so it will move in a couple days. $ 65.91 - 66.16 is the near term resistance zone. $ 67.25 - 69.87 might serve as overshoot targets. Previous...
PINS had a siginficant pullback from recent highs. Could paint a bottom if holds Golden Genesis fib. Swing targets are next two sister fibs (blue) above. ============================================ .
Humana has been dumping for a while now. Just dropped hard into a major support zone. Scary entry here, but tight stop loss is possible. There are many layers of resistance above. So there will be many battles on the way up. Maybe scalp or sell+buy pieces to build position. I know nothing about this company or insurance. But it pays good dividends and it is an...
TDOC has fallen a long way from its Covid hoopla. No idea if this company will ever make any money. But if the chart is to have a bottom, this could be it. $ 9.08 - 9.56 is the hurdle to break for entry. $13.31-13.54 will be first target (TP) of swing. $ 6.97 - 7.10 is the key support (SL) below. ============================================== .
This is a folloowup to my $1152 Top Call (click). SMCI topped where expected and is retracing hard. Possible bottoming process after capitulation dump. Currently floating in a trio of major fibs for support. =============================================