This is a great potential long. Untested level that I believe we will reach. I will be longing in the box with intentions to hold for a long time. This level is from my proprietary fib pulls that are very accurate. The trend is up if we can hold this prior low. If we hold this low (box) I expect to gain the local high and test the all time highs. Trend and...
I am going long in the box. This level was tested on the way up, but this stock looks dumpy as hell. Will expect it to continue lower and will long in the box. I get this level from a prior yearly move swing to the high. It is my proprietary fib pull that is VERY accurate.
Long at $5. Failure to lose this level and an entry upon the first retest. Will hold long term. Will wait to see what yearly candle looks like 👍
Polaris must hold $55 to reach $100 again. If we lose $55 we will see $25. This is all based off yearly chart trend and my proprietary fibs!
I am going to long this in the box when it gets hear in the coming years. Will wait patiently. Downtrend is still intact on the high time frame. Major support in the box according to multiple fib pulls that I use. Will buy and hold at these levels. Gains of $190 would probably invalidate this trade and we would see all time highs. Will update in the future!
I pulled my fibs off the yearly move to high and got these levels. I expect a test of this level once the yearly candle prints and will target for a 50% move. This is a first test of these levels and I expect a reaction off my box. Easy stop loss below. Let me know your thoughts.
My fibs have an entry and target. I have discovered a fib pull that is very accurate. I have many Chinese stocks dropping 50% and pumping according to my fibs. IQ will be the best performer. I will be buying when we reach $0.75. My target will be the the levels at the top of the chart.
Downward potential based on trend and my projections. Not touching until I can long it in the box. If it doesn't get there that is ok!
NTES is more likely to drop at this point. I would long in the BOX. I expect Netease to drop with the other chinese stocks, but It wont have as large of a recovery as baba, nio and bidu. If it ever gets to the box i would take a long term position.
I know everyone expects BABA to hold a higher low on the high time frame charts, but I expect new lows. Whenever my projections show a level below a prior swing low I dont risk going long until we get to the box. I will miss this trade if it holds and doesnt make new lows to my box. In part 1 and 2, I covered NIO and BIDU and I see a very similar play with...
Its important to look at the yearly chart to get the high time frame trend. If BIDU holds $43.11, this is still a higher low on the yearly chart. I love how $162 is already tested and my main target would be $295 top fib level. This fib is all .618 and pulled the all time high to the the swing which created this high. My buy box is also an untested yearly...
In my opinion, NIO is not going to hold local low $3.67 and will continue down. My proprietary fibs have been very accurate has confluence with a monthly untested level. I expect a move off this level. I will be going long and no stop loss. Just a cash position that I plan to hold for years. First PT would be the untested fib above which is also a monthly...
Will be buying this at these levels because it is just too good of a potential payoff. Not following any of the news. just my fib algo.
Will wait for this level for a long term position. Like this level a lot before we go to all time highs.
DLTR has more to go down in my opinion. I don't like where it is holding now. I wouldn't be surprised if we get to the box. Will long here no doubt.
Will buy for long term position in the box if we get there.
Might take forever, but its coming down to the box at some point. Will load up huge in the box.