Hello traders, there is an update on my last idea. As you can see on the chart, we have clearly formed a 5/3/5 ZigZag wave. If you set up the fibo levels for each wave, we can see that everything is as in the books. Wave A has 5 waves, Wave B is retraced from 0.618 with ABC pattern, and wave C is exactly as long as wave A with 5 waves. Also as a second idea, we...
Hello GUYS! According to my analysis, what I see is that everyone is waiting for the big short like 20 years ago. However, I think that we can see a leg up before dropping to the 10000s. On the chart, you can see that we already made the ABC pattern and we can reverse from here, the second option is to make the 4th wave and drop way lower to the 5th way by...
We can see that NASDAQ bounced from 1.618 Fibo level and formed a new Support level around 1400. Also, we can clearly see that the Inverted Head and Shoulder is on its way to formation. I am Expecting bullish price action on NASDAQ from now on. Last few weeks we saw around 30% - 40% drops on the most stocks, from now on I think that we can freely welcome our BULLs...
As you can see, we are already on a bullish trend; I think that we are finishing our 4th Wave so we can start our 5th. The Second Wave - 0.786 fibo Third-wave - 1.618 fibo Fourth Wave - 0.382 fibo I think that the 5th Wave can follow the trend to 0.5 or 0.618. By the end of the month, we can easily reach the 5th Wave in the short term. If that is correct, we...
Hey Guys, as you are probably aware, due to the Everglade scandal and everything with the Chinese market, lots of the stock dropped a lot, as VIPS. On the chart, you can freely see that we already reached the strong bottom line, where we have already retested 3 times, in the last 3 days. Regarding the Indicator, RSI you can clearly see that we have enourmous...
Hello Guys, I would like to introduce to you my idea about the future of AMC. I am a holder of 15000 shares already after the first squeeze from 5.50$ and I am long till a minimum of 100$ as I stated on my first IDEA for AMC. As far as I can see we have a lot of new APES, who are scared of the red days in the past weeks, but as an Elliott wave trader, I can see...
Hello Guys, I would like to introduce to you my idea about the future of AMC. I am a holder of 10000 shares from 5.50$ and I am long till a minimum of 100$. After the last week, we got few red days including yesterday, but as an Elliott wave trader, I can see an opportunity to jump in, I think we reached the bottom. After carefully checked the Fibonacci lvls you...
Hello Guys, I would like to introduce to you my idea about the future of PLTR . I am a holder of 1000 shares from 24.01$ and I am long till a minimum of 200$. After the last week, we got few red days including yesterday, but as an Elliott wave trader, I can see an opportunity to jump in as like in AMC, I think we reached the bottom as you can see we already...
Last week we saw lots of Gains from other Energy companies like WLL, OAS. I think this week's winner will be DNR. Let's see :)). As u can see on the chart, we already finished 1 Wave, i think on Friday we finished 2nd Wave at 0.50FB too, if i am correct we can see 3 TPs on the chart, depends where the 3wave will finish.
The Setup is ready my friends, as u can see today we finished B wave with that long drop. We can activate the bulls already, as u know the news are good.
I think today is our last they UP, after we can wait for Final Big Drop :). If we Brake the Triangle or ZigZag u can buy till minimum 10570
AS u can see it is time to Fly. Lets take the ride with the big Guys. The #3rd wave of Fibo is coming. After/Before the OPEC meeting everything will be clear.
As u can see on the Chart we have Perfect Flat correction like on the books. So lets short it a lit bit and after we can buy til the Top part of the channel and short it again till 22-25$. Hopes u enjoy it.
After the Bounce from ressistance we can see a beautifull Doji. Plus we have a divergence, that show us Sell possibility.
Everybody is crying for short, i hopes it is the time for some correction. It is not normal to make a parabolic move like that.
We have 2 scenarios here: - if we go Up we can make Head and Shoulders and after drop till 105. - If we go down we will go to fib 0.618 lvl and after retrace at the new res lane and go down till 105. Lets See
I think we r making Last wave of Elliot ABC, if i am correct next week we will go to 50$, soon we can buy at dip :)