Downward channel - 5th wave of Elliott wave Zig-zag. Room to go oversold on the indicators for this move!
Simply put, OPEC (Iran x Saudi) x War (Russia-Ukraine, Incl Sanctions) x Tightening (FED x Inflation) Scenario entails a run up with equities... Sounds familiar? (2007-2008) Banks/Institutions will be forced to close their short positions at a loss... Probability: Least Likely Key notes: -Physical disruptions of supply -Stagnating world...
I was one of the first people to call Powell's BS on "Transitory Inflation." Sheep listened... Inflation persisting to EOY = Red Target. Green target easily achievable. Mid-Macro bullish!
Price target is $59.5 which is between the 1.618 and 1.786 fibs, and also confluent with the 1000 week EMA & 200 Month EMA.
More downside first! Needs to test the bottom trendline of the descending broadening wedge before upside!
Simply Beautiful! The Dow Jones index is a linear instrument for making money. If we examine this index on the log scale, we derive a historical price channel that can call recessions/depressions. We are close to a huge resistance line. Zoom in for clarity!
LPSY target before SOW is 98-100. SOW target <90 Fractal scenario likely. Macro Bearish; Crash H1 2023 - Final Target: ~80
Short term upside on the Daily timeframe and under. Already oversold and Elliott wave to the downside is finished for now. Entry was between 1.618 and 1.786 fib so I'm not playing this.
LMND is oversold - Retest of 50 day EMA - 21 week EMA is expected. This will correspond to the wave 4 target, which also happens to be the top of the channel trendline. We are in a zig-zag corrective structure which means a fifth wave to the downside is expected post retest. We are, nevertheless, in a downtrend channel!
Targets are Fibonacci 1 ($1.61), 1.236 ($1.14), and 1.618. This is an impulsive macro Elliott structure. We are in the 5th and final wave to the downside. There's also more room to go oversold on the indicators.
Bullish divergence on the daily as of time of posting, however, macro bearish! Target is support, and RSI needs to get oversold on the Weekly. Once support is tested, ZOM can run again, or it can just reverse-split LOL.
USA USA USA. Dollar 98-100!!! Chart trend will be very similar to the 2018-20 time period's price movement.
This idea shows a minimized fractal that highlights a retest of the lower trendline. Chart pattern is generally repetitive on this chart.
More room for downside. Support at $12. Could be a great trade entry! :)
Preliminary DD shows that most insiders sold at the top. Gap Fill at $20.5 on the weekly chart. Could go lower due to poor management and sentiment.
Fully in Person by Fall 2022 academic semester. Almost all textbooks are online free! Limited-no access to "resources" for assignments/exams in the in-person setting. I don't like outlook.
The bear case entails one last drop to regions of support. Downward move in BTC will result in this scenario for Shiba. Trend is your friend to the very end! Good Luck!
Buy orders set $9.7-$10. Strong support! This goes down with the NASDAQ so PT is definitely possible!