PetrifiedForrest

PetrifiedForrest

The pattern is formed by three distinct peaks, with the middle peak (the "head") being the highest and the two other peaks (the "shoulders") being lower. The "neckline" of the pattern is determined by connecting the lows of the two shoulders.

PetrifiedForrest

In my analysis, I have identified that the natural gas market appears to have formed a head and shoulders pattern. This is a technical chart pattern that is often used to predict a reversal in the trend of an asset. The pattern is formed by three distinct peaks, with the middle peak (the "head") being the highest and the two other peaks (the "shoulders") being...

PetrifiedForrest

Well, the wedgie from hell is on it's way there. Probably find support around 290.

PetrifiedForrest

BABA has been consolidating for awhile now. I'm looking for it to change direction and fill the gap around $161.

PetrifiedForrest

If all gaps fill, we have some moves north in Netflix to fill these down gaps.

PetrifiedForrest

If all gaps fill, then baba has a couple to take care of. Short till we fill around $78.

PetrifiedForrest

I think the long bull market has come to an end in US equities on the whole in near term.

PetrifiedForrest

We broke out the ascending wedge from hell. Since the march melt down, we've been an ascending wedge.

PetrifiedForrest Updated 

Historically, et trades at a 4-5% yield. We're still around 7%. Lots of room for compression still.

PetrifiedForrest Updated 

Making our way to $9 to close short. Long term bulling, short term bearish.

PetrifiedForrest Updated 

Short GLD till we hit 162, then long! Seeing more down side in gold for the next week or so.

PetrifiedForrest Updated 

Short term pull back to .33 to .30 cents before we bounce higher.

PetrifiedForrest

We finally consolidated at .35 the other day. looking for a moon shot on this one. Hoping to get an entry with a double bottom at 0.35.

PetrifiedForrest

Looking for consolidation at 9$. Currently playing a calendar call with short at 9 for early SEPT.

PetrifiedForrest

i.imgflip.com

PetrifiedForrest Updated 

I love this LP. But, right now, we're a little overbought. Looking to accumulate more real soon. The MACD is screaming sell.

PetrifiedForrest Updated 

Gold looks to fill the gap.

PetrifiedForrest

Looks like were forming an ascending wedge on Tesla. Price target is 650 by June 4th.