LaTroy82

LaTroy82

From the data that's available of $CVX inception, we have now completed a full 5 wave move and an ABC correction of those waves. Since the March 16, 2020 low, we have seen the stock respond in an impulsive manner. We have also crossed over the .618 ratio which gives me further confidence that we are headed for higher highs in this stock. This is one to keep in...

LaTroy82

Here we will take a look at the energy index. #SPN has been working in a correction since May 2008. It set its high back in June 2014. Since then, the stock has been trading within the price channel until its recent low was set in on March 16, 2020 and has been responding in an impulsive manner. If we can get above this current area, first price target and area of...

LaTroy82

$NIO appears to be in Wave C of a zig-zag correction. As a guideline, we would like to see Wave C end beyond the end of Wave A. The .618 ratio is the first area of value to look for. If that does not hold, then look for Wave C to be around the same length of Wave A, which is also listed at the 100% ratio. The goal is not to hit price targets but to give ourself...

LaTroy82

Now that we have reached the demand zone in $PTON, will be watching to see how the stock responds to the area. Will update as we progress forward in time.

LaTroy82

$AMZN appears to still have room to the downside. Waiting to see if we will test the demand zone and how the stock responds in that area.

LaTroy82 Updated 

Have a support zone in, would like to see us push through the 627.29 area and take out previous price swing high of 632.46 for this current wave. On lower time frame charts the trigger is in for a trade. Trail stops to protect profits in volatile markets.

LaTroy82

Here we have a flat correction finding support near the $155.59 price level. Waiting for a trigger before entry. Safe entry level at $195.28. Utilize Stop orders accordingly.

LaTroy82

Here we have a flat correction finding support or nearing completion in $PYPL. Waiting for a trigger before entry. A safe entry level will be taking out $215.97 impulsively.

LaTroy82

Possible double bottom forming near support on $SQ. If support holds, things could get exciting from here.

LaTroy82 Updated 

Here we have a tested area of support on $SQ on the hourly chart around the 203-204.98 range. Let's see if the area holds and we get a trigger from there. I'm wrong if the support area breaks. A few areas of resistance are listed also. #studentofthegame

LaTroy82

With all the recent activity of celebrities and others accepting their salaries in the form of Bitcoin via CashApp, I thought it would be worth the time to examine the parent company which is $SQ. Here we clearly have had a very nice ABC correction with a nice move up from there. It appears as if we could be finding a level of support around $204.98. I would like...