Note the special shape that's appearing on every stock. PP - Lance Armstrong Edition I think God is trying to send us a message, or maybe it's the other guy given the message. 21.87 looks like the next support level and happens to coincide with a FIB number.
Speculative Play, I'm going long CCIV, NIO, XPEV, WKHS, PLUG at the Year Open pricing given the huge dips. I expect 1 or more to go to near ZERO, but 1 or more to be the next baby Tesla Small amounts I'm willing to lose to find the next great EV play even as EV loses stem in the public's eyes. Buffett, Be cautious when others are greedy, and greedy when others...
There's a "Rocket" or "Penis" looking pattern appearing on stock after stock right now. TSLA if it follows, right side mirrors the left and it would be ugly for TSLA, SPX500 & NDX given the size of Tesla Canopy Growth CGC CCIV - Electric Vehicles Variation
Pangea is a strong shipping company doing northern routes and I like their prospects to hit $4 They also happen to have a perfect Penis Pattern. Complete with Hairy Nuts on Either Side. It's cousin the "Lance Armstrong" can be seen in 2000 right before the crash. Note what's missing. *CLEARLY NOT FINANCIAL ADVICE*
Currently positioned for a repeat of the January drop and pop. So far it's dicey. Playing Texas HODL 'em at the moment as I watched the move drop to the January Opening price way out of channel. If we drop below 313.85 time to GET OUT! Next Stop Ground Floor. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses. Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point. M top for now, expecting bottom in 1-2 more trading days Watching for reentry near $72, expecting resumption of uptrend soon...
I'm pro hydrogen, and Plug has some great deals for sales and should go UP! But, the charts say otherwise at least for now. Watching for 37.70 reentry. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
We've just had a 10% correction and biotech is about to explode with all of the MRNA applications that will expand after the COVID vaccine research (see also AGTC with new vision therapies). I bought today and will add if we dip in the $152-156 range looking for a bounce on the 50 Day MA and a move higher shortly thereafter. Sold XBI near the top after a 25%...
Key support level right around 600 and .618 FIB looks to be a likely bounce point. SOXL and USD have been key holdings that have done very well for me, and can be good as buy and hold, or sell on dip, but at the bottom on regular 10-20% pullbacks. SMH is better for the feint of heart that don't like the swings. Semiconductor demand is through the roof....
I started looking at BWA due to a recent spike in volume. Daily charts show a very nice upward channel. I'd like to see a small pullback to the bottom of the channel before entering. Following the trail, BWA acquired a Lithium battery maker, AKASOL AG a supplier to Diamaler, Ford, Bombardier.... I think they'll face competition from newer solid state batteries...
Qs have been better about channels than any other equity I've watched There's an interesting periodicity of about 14 days (mid month and end of month), dips to bottom of channel. The market seldom does exactly as predicted, and the specific day is usually the miss, but...this looks due. .618Fib retrace of latest full EWave right to just below channel, enough to...
Qs have about 4% to go to hit the 50 Day Moving Average, about 10% to hit the 200 Day, and 27% to hit the 2008-2020 Uptrend line. Wave on 5 Day: *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Wave pattern following nicely on QQQ, .786 FIB retrace just hit on SQQQ & QQQ Pattern says drop on QQQ/rise on SQQQ due *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
GDXJ has been on a downturn, but rose as the market took hits the past couple of days. Day timeline still points for a small dip (possibly as the market rises early on Monday), and then a rise (as the market begins to fall. Stop Loss/Invalidation is at the previous .786FIB Minimum rise should be to .618Fib of most recent breakout (reverse would indicate false...
We've been in a nice upward channel since the US Elections, then yesterday hit. Today we had a .618 FIB retrace up of yesterdays down run which puts us on an E Wave 3 Downward 4% puts us at the 50 Day MA 14% would put us at the 200 Day MA 28% would put us at the 2008-2020 Up Trend Line Exiting remaining long positions, already added SQQQ at the turn. SPX500...
We've been in a nice upward channel since the US Elections, then yesterday hit. Today we had a .786 FIB retrace up of yesterdays down run which puts us on an E Wave 3 Downward 10% would put us at the 50 Day MA 28% would put us at the 2008-2020 Up Trend Line Exiting remaining long positions, already added SQQQ at the turn. QQQ following same glide path. *NOT...
AAPL looks like a bearish wedge range bounded below at 126.51 bear line and 131.90 bull line *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Apple looks green up to 132, then likely stiff resistance. Looking elsewhere for better short term trades with less downside risk right now. *NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*