


ILuminosity
Limit Orders placed for $100 and $86. Super oversold IMO. Super solid fundamentals + Price Evaluation = Steal!
Buy Order set between the 1.786 macro fib and the 3.618 micro fib. Oversold so why not + Bullish Trendline Div Fundamentals aren't that good - Losing money (source: Balance Sheet). The company's product is in many supermarkets. Betting on this being the leader of alternative meats.
Indicators curling. Assuming this is not an extended flat (bearish), then the bullish scenario brings us here.
OXT to .618 fib and possible wick to the .786 This will be a momentum trend play so stay aware. I'm glad OXT broke back into its macro-rising formation!
Tesla negated the bearish megaphone pattern. Bears couldn't stop this beast! Fundamentals + Catalysts too strong! I just don't like its PE ratio... Wolfpack is green, RSI has room to go macro overbought, and I'm target the 1.618 fib for PT during this price discovery mode. We are currently in wave 3 of 5 (Elliot Waves...)
From my previous post comment: Keep an eye out for any catalysts on WISH. Market makers might choose to make $4.61 (Fib extension of 2) the bottom if economic activity gets better and Q4 is green. Present : I will be following this fractal and devising estimations via the daily EMA. Wolfpack is going green on the weekly! I am targeting one gap during the...
The S&P 500 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!
5 wave move within the 5th wave of this bull run within Grand wave 5. This is insane! Rest of November - Bearish December- Bullish January - Bearish February-April - Bullish BULL RUN ENDS IN Q2 2022. Wildcard Scenario #1 : If we consolidate upwards on the resistance trendline for a year, limited growth, we can reach 6k on small volume before big dump. ...
The chart looks bullish and has momentum. This run will be crazy, talking RSI above 100 moves! Grand 5th wave finishes after TOTAL 2 adds 1 trillion or even doubles!
All Categories are bullish; Chart Patterns: Stacked Inverse Head & Shoulders (We broke out! Just need to close above). Debatable Macro Cup & Handle. Macro Descending Triangle which we broke out of a couple of days back... Technical Indicators: Wolfpack Green and upward facing (room for a pump) RSI above the downward resistance line - opportunity to run into...
This will have a short squeeze one day but not until it bottoms out in the super oversold region. WISH chart is perfect for examining Elliott Wave Extensions, which occur within impulsive structures. Easy stock to make $$$ on if you know wave theory. My target is the green box! I'm Expecting more downside in the short term before an uptrend...
Decreasing volume, tightening RSI... The region we are in feels like a rising wedge with the bottom being Tesla's bull run trendline. Tesla is holding on to its macro bullish trendline, but for how long? If we break that, will it mean the end for TESLA, TA-wise? I have drawn a scenario that might play out if Q4 is indeed bullish for stocks...
Assets move in 5 and 3's (Elliot wave simplified). From the macro view, it appears that we are in our 4th wave, and we have 1 more wave up to go. The leg of our bull pennant at minimum gives us a target of $681, which is confluent with the 1.146 fib. If the stock market melts up and Netflix impulses, the Price target will be significantly higher! Based on our...
Macro Cup & Handle + 21 Fib Time Zone + Fractal The scenario means we go down a little bit more. We then consolidate for a couple of years before we have a parabolic year or two.
The JNK/TLT ratio chart visualizes investors' position in greed and safe bonds. An increase means more greed in the market, corresponding with an increase in equities. Based on where we are, I am expecting one last run in the stock market, reaching the top of our resistance trend-line. I have added a fractal to support this thesis.
The actions of OPEC are the perfect economic case study for supply & demand - scarcity. The limit on oil production drives demands up, increasing prices subsequently. Inflation contributes to this price movement. This corresponds to a new 5 wave move up on the charts.
Do you think Inflation is transitory or here to stay? You decide! Elliot wave target is the green box. An impulse wouldn't be good for equity holders lol...
Positions opened after confirmation of shoulder. This is a bullish formation within the macro handle. Hedge against inflation - safety haven!