JohnConaway

JohnConaway Updated 

There's some good symmetry (time & price) & a couple of patterns trying to play out here. If we hold above the low from 12/14 for a nice move up, with possible rejection points along the way. For support, the green line must hold for a potential new pattern to come into play. for resistance, watch the B points of the patterns as well as the extensions (in black)....

JohnConaway

Time, Price, & Pattern appear to be lining up for $AAPL for a measure bounce. Resistance areas & support marked on chart

JohnConaway

Gonna test Publishing

JohnConaway

So far rejected by the channel (I'm calling it a contraction channel). If we can't break into it & hold, we probably retest the lows & probably a bit lower. If we break up into it, I'll be watching for the scenarios in blue & pink (adjusting based on progress). It still shows as being bought though so my bias remains bullish (short term) unless the apex of the...

JohnConaway

Added some bearish possibilities (A/B/C correction & Bear Flag).

JohnConaway

Looks like the move lower is finally upon us. Let's see, target below $16

JohnConaway

Stay Smart folks!

JohnConaway

IF we continue further...

JohnConaway

Much better view

JohnConaway

Original thought was wrong as bounce was promptly rejected at trendline. Bullish Bat looks to possibly be in play here so I'm looking for a good bounce from $5.86-$6.12

JohnConaway

A lot of things going on here. Current thought is that it could shoot out lower from consolidation but the trendline below (pink, dashed) supports it for a move back above $100. Long term I like it higher but no position ATM

JohnConaway

Currently targeting for ~$93, with a shot to fill the open daily gap ~$98 by end of September

JohnConaway

This is a monthly chart (WIP) with 2 very long patterns I will be watching it for buying opportunities below $39

JohnConaway

Possibly wishful thinking, but if $TSLA can fall into the Kumo I think that would be a good spot for a long.

JohnConaway

Thoughts on chart

JohnConaway

Basic Weekly chart held the main channel line as well as previous Resistance (2013) turned Support from 2014. Last week's candle held just above Kijun & finished close to HOD

JohnConaway

Monthly version of $JO. It looks like we are completing a pattern that has occurred before, just on a larger level. We are currently sitting on major support from the 2013 low, so it may put up a fight for a month or 2. However, I believe it will follow the multi-year trendline (in green) & complete this current pattern at the 123.6 extension (like the larger...

JohnConaway

The small bounce off of confluence is losing steam & $TXN looks to finish completing this Bullish Bat Pattern. Once the consolidation here (green symmetrical triangle) & the confluence area ~ $55.89 breaks it should move to the $52.46 target (161.8% fibs & ~ the target area of the back side of the symmetrical triangle)). From there I'm expecting a move to at least...