Most of the people are bearish now. Of course they have a strong reason to be so. FED is going to turn into stock market's enemy from being it's close friend. Can we find any technically optimistic scenario for indexes? Lets follow. I assume we may have a Flat correction for indexes which is regular flat ( wave b does not make new ATH ) for NDX100 and...
SAND is reaching to strong support while completing an abc correction pattern ! It may pump soon ! SAND is nicely inside a up going parallel channel with two price action to upper boundary and many to channel mid line. As shown on the chart, SAND has completed waves i,ii,iii,iv and v of a wave cycle to form larger degree wave (iii) and currently is...
We considered a possible massive decline scenario for Bitcoin just after it recorded a new ATH ! : At that time , Few people could even imagine such a decline . There are some alternative scenarios for BTC now e.g completion of a large degree wave cycle with ATH to be the top of wave 5 ( See related idea for details) however, most of them suggest ...
Where SOLANA stops declining? Is this major fall is a normal thing in the market? Of course its is normal and can usually be predicted !! SOLANA is a clear example of an up going impulsive wave cycle. It clearly shows 5 segment wave up. It is easily detectable. This large wave cycle started at just 1.03 USDT and ended at 259.9 ! Currently we are in the...
Are we prepared in advance to catch such a huge profit? Of course we are ! Here I suggested most probable and also most simple path of KDA as I see. It means it can show some more complicated forms like contracting triangles which are common for wave 4s. For now lets keep it simple. We can update our idea later if it ever needs an update ! If true , KDA will...
Will NVDA see higher targets? Why not? NVDA's trend is clearly up. It has recently completed wave 3 of Ascending wave cycle which itself beautifully subdivided to 5 waves. Currently we are in wave 4 of the larger cycle waves which will end at 272-291 support zone formed by 0.5 and 0.382 retracements of wave 3 respectively. As explained on the chart wave 4...
Are we inside a major correction ? Lets follow ! BTC more than likely has completed a wave cycle at 69000 USD on 1 Nov 2021. This wave cycle started at 1 Aug 2015 at 162 USD ! What does it mean? It means we are probably inside a major correction which can push down price to 26458- 34581 buy zone corresponding to 0.618 and 0.5 Retracements respectively!...
Are we close to end of current sell pressure? Probably yes ! When it ends? Lets Follow ! Nasdaq 100 Index is beautifully inside a parallel channe l and is reaching to base of channel one more time . Elliott wave count suggests that we are in wave iv correction. This correction may end at 15024 corresponding to 0.382 retracement of wave iii. There is a nice...
AMD is still strongly bullish stock. It can reach to 189 or even above 200 targets at the end of usual wave structure ! Why I used the word " USUAL " ? because there are some alternative major and minor valid wave counts. What I propose here is the one I suppose to be the most probable !. If true! the correction of labeled wave iv (circled) is...
WISH can nicely be charted inside a down going parallel channel as shown! It is now a real penny stock as predicted several week ago! We offered an alternative bearish scenario when majority of technical analyst were bullish on WISH . We did not reject the possibility of bullish scenario and in fact, opened a long position based on that possible...
We Predicted a final bull run wave 5 to complete a large cycle wave degree initiated at 8.06 USD on 10th jun 2021 ! After hitting our first resistance zone , this large cycle wave completed and strong decline started. So far, Stock has corrected slightly more than 50 % of its whole bull run an is reaching to 115.49 corresponding to 0.618 golden...
SHOPIFY stock choose our predicted path . We made this price targets and stock path prediction several weeks ago ! How amazing! It may seem that we are proud of ourselves and pay ourselves compliment ! Although we think that we deserve such a compliment , We just want to encourage you to know what kind of success can be achieved using Elliott waves several...
TSM 's trend is clearly up . It more than likely has completed waves 1,2,3,4 of a wave cycle and now is completing it's final leg. TSM' s Tripe three complex correction has ended on 6 Oct 2021 at 107.58 USD. Currently it has completed wave 1 and 2 of last mentioned final leg up and is in wave 3 the final wave . Our targets are : 1. 149 to 151 2. 161 to...
AAPL is going higher after breaking former ATH resistance strongly ! AAPL is beautiful example of how Elliott theory works ( we entered at around 140) if we use it precisely (I myself was wrong once recognizing correction pattern). Currently APPL is in wave 3 of 3 of 5 of a cycle shown on the chart started at 116.21 low which probably will terminate around 176...
APPLE broke the top of parallel channel strongly on December 8th ! It convinces many analysts to consider Best Case Scenario now ! What does this best case scenario say? It says, if true , APPLE will see price above 200 USD at the end of this up going wave cycle ! Breaking top of the channel is a key character of wave 3. Therefore, we can update our previous...
TSLA is going to rise again and make a new ATH ! TSLA ,in great picture, is inside an up going parallel channel and these days sell of more than likely is just a correction to the main trend. Currently, TSLA is beautifully forming an abc form of correction inside a minor declining parallel channel. Mentioned correction probably will end at strong proposed...
AMD is going to make a new ATH soon ! How far it can go up? Lets follow! As wave structure suggests, We are more than likely in wave 5 of the cycle started 84.24 USD on 19 July 2021 . This final leg up going wave of mentioned cycle can push up the price to 170-180 target zone which is strong resistance formed by different types of Fibonacci ratios. After...
MSFT is more than likely completing it's wave 5 of the cycle started at 280.25. will it go too far? Lets folllow! MSFT has beautifully completed wave 1234 of a 5 leg up going wave and has newly started wave 5 of the mentioned cycle with a bullish reaction to the strong support formed by the cluster of typical Fibonacci levels shown on the chart. Stock broke...