Not sure if this would be considered an elliot wave, but the spy has seen numerous h/s patterns executed on various time scales since this run up in 2020 i believe. this one here is actually on the daily timeframe and it is the right shoulder to the larger h/s on the weekly/monthly timeframe; the neckline on the monthly is the red line below. im not going over all...
If a handle forms out of this cup, this is my guess to how it will form. This is not a definite just an assumption since the overbought signal is in play on the RSI I'm looking for the pullback as it sets up again. Earnings is also coming up in a few weeks and I'm thinking it will do well with the recent Comcast deal and the fact that the virus is giving people...
Last week we saw pretty nice spike in $TM with the announcement of the shares buyback. I bet against it even though i had it targeted to reach $206, but with all the uncertainty in the market I thought it wouldn't make it. As it hit the peak of $213 we can see it formed a head and shoulders pattern which brought us back down into the 2nd gap of the original...
When this cup is finally finished playing out. The target for Viacom should be between $45-$47. Not sure where the handle comes in yet and I don't want to make any assumptions so we will wait on that. This is looking healthy despite the current market conditions in my opinion because with life being so hectic and the limit to outdoor activities... television may...
I want to believe from his weekly chart we should see some good gains until March then we should see the pullback we are all anticipating. I'm gonna say we will top out anywhere from the mid $480s to $500. Then we will see a 13%-30% dip (crash). If this is correct make some money and get out of the market for long plays cause its going down. But the bottom also...
Taking a look at the AMEX:VXX , AMEX:SPY , AMEX:CIX to see what we can make of it before the FED meeting tomorrow.
Looks like the new Hef got breast! So thats some good news for the ladies right? And Im sure the fellas cant wait for the "centerfold" lol.... Right now we have a triangle forming and we are looking to get a little tighter before the breakout. When its ready Im thinking 47 to 50 should be our target.
So this chart has been sitting around for some time as well in my arsenal... i should set alerts to remind myself of the things i try to predict ahead of time... so i told a few ppl tsla was going to 1k then down further... so out of all of this i think we should get a head & shoulders in my opinion but i guess only time will tell.
$SPY is forming a descending wedge out of of a recent double top. This should bring us right back into the ATH. Then the fun begins...🤔💭📉📉📉 I'm looking at around $480 as the target. Think we will see $448-450 then a huge bounce into $480...
No explanation necessary look at the details on the chart. Use the information at your own discretion. THIS IS NOT FINANCIAL ADVICE.
So I'm not a shitcoin maxi lol kidding nothing in my eyes is ever a shitcoin. I look at all projects with potential. With that being said if this is not a rug-pull the project seems to be fit for the holiday season. I'm not affiliated with this coin so this is not promo in any way. If you would like more information on it look it up and do your own research. If it...
Looks like the overall pattern turned out to be an ascending triangle. If you were interested in entering the position and haven't I would consider entering now. Looks like a few weeks before it pops so you can accumulate from now! I think we should TP for $1.25.
We have arrived at the 200EMA and have been pushed back slightly, its always a fight to cross over right?! Well this shouldn't be much of a fight with 5 weeks of bullish volume and for the last 3 of those weeks we've been over the 21MA 50EMA & 20EMA. So a position here isn't looking like a bad thing! A break over $25.10 should run the stock up to about $30 and I...
Nothing to say just an update to the chart. The green arrows are my thoughts on how it moves on this upcoming breakout.
Sheesh just explode.... smh so we have a little downside here and it should breakout about or around 8pm... DO NOT EVER FOMO UNLESS YOU ARE CERTAIN OF YOUR TP's AND STOP's. So I charted this beautifully and was busy at the time not realizing how fast BTC moves and I missed the original entry I made for myself. Had I got in at my original price I wouldn't have lost...
This is getting fun I'm getting better... headed to $57876 area. All the lines are points on the Fibs so just follow them up... after 60k we will chart out our $90K mission. THIS IS NOT FINANCIAL ADVICE! THIS INFORMATION IS FOR EDUCATION USE ONLY! PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING IN ANYTHING! GOOD LUCK TRADING...
My guess is after a little consolidation in the triangle BTC will drop back to about 55500 for the least and at the worse 50000 from here. Then if you scroll up the chart you will see all the key stops from here up to 60K. I'm not gonna get into all the numbers just look at the chart.... its late! Good Night I will see my Risk Takers in the AM! What a better day...