MSTR commandeered by a Saylor is about to complete its accumulation around 209 before beginning markup with a leading diagonal or impulse - this will serve the purpose of clearing the downtrend resistance. A breakout will take it to 1000, precise targets are below: Buy zone = 198-216 (point buy level = 209) Activate Markup @ 286 Initial Target 309 by...
Before this takes off I could see one more drop to form a double bottom around 3580. Once we get that, a likely path to complete wave 5 (by May 2023) is as follows: (purple path) 4040 3758 4690 4335 5261 My method for projecting this was combining Elliot wave, gann, and proprietary techniques. I am not buying just yet but looking for discount over the coming days/week.
Possible path given harmonic and trend lines Will keep an eye on
Point target 55 by end of Q1 2022 Aggressive annuities
See chart. Near term levels I'm watching listed below: 1708-1746 (activate nested markup) 1802 2087.. Reaching this will activate larger degree markup, if so can reach 2904-4164 Who's strummin' the banjo?
Noticing accumulation over past 2 days with fractal structure to the accumulation we saw at the lows in June. This indicates we could see wave 5 toward the 4450-4555 range by September 7th-9th - projected path shown.
1820s then 1400s Then mid 2000s From there it will try to establish a higher low than the Jun low around end of 2022, if successful it will begin run to new all time highs by March 2023.
NVDA has earnings this week and is completing its accumulation, should test 166 before the report but is in buy zone from 166-175. The semiconductors are bullish across the sector, most have completed their bullish cycles and will begin next wave at larger degree - this will take the market higher and on to new highs in early 2023. NVDA expected price action: -...
ETH has been accumulating in the bounce zone over the weekend and can reverse here off the cypher harmomic
The path isn't drawn with precise time to targets just levels, will update based on where wave 4 is realized. Apprx. expectations: -complete wave 4 around 4170 -complete wave 5 in the 4500s - corrective wave to ~0.618 just under 4000 - Then on to new all time highs to complete larger wave V around 5200-5500 (~March 2023)
S and P will make new all time highs by March 2023, what remains to be seen is whether this incoming pullback will initiate Z of triple combo or if it will be smaller degree wave 4 of 5 - which would likely mean breakout after pullback here to ~4090 (thus completing larger corrective wave IV with a double combo at Junes low).
Minimal downside target from here is 4218, expecting a wave 4 to be carved out around 4090 by Aug 26th. Impossible to be bullish here with downtrend resistance, bearish wolfe wave, expanded flat, etc.
MSTR is due for wave 4 pullback, way overdone on cycling RSI, target 275
ULTA has been dodging fate for too long, anytime its indicated shorting opp. in 2022 it somehow finds new legs and treads higher. In my charts I use colors in accordance with their interpretation, so I didn't mean to paint this red it just only warranted red drawings, glamour stain tears goes with the pearls.. anyway: - Nasty expanding triangle with Distribution,...
I heard ETSY was involved in some nasty stuff, reminds me of Wafair back in the day *cough* We headed to 105-109 over next 2 weeks on a wave 4 then up toward mid 130s to complete wave 5 Trash is trash
409 bound notice the images notice the images notice its going down
Gap fill down incoming, triple top, expanded flat c incoming, at resistance, wave 5 now needs corrective wave.... all things near-term bearish load puts
I posted the idea yesterday on turkey 101, here is the precise expectations: - drop to ~353 by mid next week, small bounce then continuation to the 332-340 range to complete wave 4 before August concludes - wave 5 will be around 438-456 and realized in December Cool company, among the most volatile names, went from 90 in Mar 2020 because of covid to 860s in 1.5...