I think this setup warrants at least a few lotto puts for the next few weeks. Risk is incredibly high here with a rejection in the 380 region. Here are my targets: - PT1 349-360 in the time range of 9/5-9/8.. would not be surprised with a gap down after the long weekend to kick this off - PT2 328-348 in the time range of 9/20-10/6... this is a more reasonable...
NVDA is a monster, no doubt. And shorting it is risky. But based on chart alone here is what I see: - sustained break below 479 (we're here now, 3:10pm 8/24) will result in following targets/time to target. What I mean here is that NVDA will be trading at these levels on the dates given - it can exceed below and then pop to these levels, however, if it fails to...
In my method I can confirm when a B wave has completed. For AAPL, failure to extend to 201 and 204 signals B wave has finished, and we will get confirmation that C wave has started with completion of wave (a) of C down. My wave (a) target is 159. The solid black trajectory is my main path: -Drop to 179-185 (targeting lower range) -Then bounce to 186-194...
First of all, if you just follow the solid black and dashed black trajectories you'll do fine. The solid black is general downside target, the dashed black is an attempt to map out potential path to target in waves. Goal target is 153 by March 2024 . Target range = 140-170 by May 2024 latest, but as early as Jan 2024. Initial target is 201 by end of 2023,...
BTC is showing signals that the B-wave of its corrective phase has completed and it will be starting its C-wave to complete the structure. The C wave will take it to new lows in 2024, this idea projects the first leg down to kick off the C-wave. Initial target 17793 by 10/10/2023 The breakdown level was 27791, so as long as it stays below that I am expecting...
A break below 1800 can trigger a selloff to 1400s by end of August. Signs of distribution since the 2023 high. Last selloff to 1600 was a sign of strength, this will be the real deal - likely start of C wave down to new lows.
Expected price action: - 253 after earnings - bounce to make lower high around 275-285 by early August - drop to low 200s by September Alt path: - spike post earnings to 299 - immediately hit from there to low 200s by Sep. B waves are rough.
Prepare for big selloff to start around 2:30pm-3:00pm today. Netx stop is 444-447. Then bounce to 450 w/AAPL/AMZN earnings, but then continue down from there. Top of this B-wave is forming.
Short below 384 Initial target 327 by mid Sep 2023 Goal Target 300 by October 2023 P.S. Yoga Pants are out, we do this naked now.
Initial target is 300 by end of August Goal Target 176 by end of September AI is just a buzzword for statistics, don't get wrapped into the hype.
AMZN is completing a B-wave and can still extend to 144-148. However, it has a strong pull down to the 126-135 range and will likely get hit to that zone and show some choppiness next week trying to breakdown the 125 level. Above 125 is bullish territory if it can find support there, but under 125 is very bearish and will signal beginning of C wave. I posted an...
Didn't do a full analysis on this, but at a glance easy to see that this is at risk of getting slammed.
Might get weird here soon, maybe not. I think crypto and market in general could be in trouble next week.
We are nearing the completion of a B wave retracement off the October low. If SPY breaks back below 440 and 431, expect the following (solid black path): - Drop to 425-427 by as early as 7/14 - Bounce to make lower high around 439-440 by as early as 7/21 - Drop to 395-405 by as early as mid-August - Final Bounce to 425-435 by early September ** Crash to at...
Expecting the following: - drop tomorrow to high 170s - dead cat bounce to low 180s going into earnings - drop to low 160s after earnings (obvi gap down) -continuation to mid 140s by end of April After that there should be some accumulation, and in the right environment it will setup to make a 100 point upside move from 140s to 240s this summer. But for now...
See linked post on the bigger picture for AMZN, here is my expectations near term (follow the thin solid black line, the thick solid black line is the bigger picture trajectory; the dashed black line is alt path): AMZN is still in a corrective structure - trying to complete B-wave. Here is a summary of what I'm expecting - Point target to complete B-wave is 137....
AMZN is still in a corrective structure - trying to complete B-wave. Here is a summary of what I'm expecting, I'll post another idea for near term forecast/path to breakdown: - Point target to complete B-wave is 137. Expecting pullback to 118-119 going into earnings and then one final leg higher to 135-140 after earnings, topping by end of August. - C wave will...
The selling pressure is strong with EPAM and it is currently at resistance. To complete its corrective structure and bottom it will likely do the following (black trajectory): - Drop to 155-175 range pre earnings (8/3) - bounce to 200 post earnings - if rejected at 200 it will completed final leg down to 63-93 range and begin accumulation there. Goal target 93...