SharpCharts

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AJG, a high quality stock, currently shows sound evidences for a buy. - Double bottom formed and bounced at 61.8% fib level - Uptrend line (blue) intact - Stoch crossed up { "info": { "close ": 67.53, "marketcap ($bil)": 12.31, "name": "arthur j. gallagher & co.", "sector": "finance", "industry": "specialty...

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FA wise, CVS is not a terrible stock. The company has been making consistently increasing both in revenues and earnings the last few years. My stock valuation system gives it good scores both in valuation and quality domains. TA wise, the low of $60 at end of March confluently hit the big support trend line and 61.8% fib level and bounced off strongly in 5 waves...

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STT, not a so terrible stock, formed bullish divergence against both RSI and MACD. Price also touched and lightly bounced from short term support line, 50% fib level (red line) and 78.6% fib level (blue line) of the last rising leg. Stochastic also crosses over. The confluency of multiple of supportive TA clues mentioned above gave me a short term BUY...

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VFC - a low quality stock with earnings and revenues decreasing the last 3 years - currently offers a good risk/reward ratio short position. Stoploss set right about previous high of $82, target set for $74.5 which is above an important resistance level of $72 and POC of $74. "VFC": { "info": { "close ": 80.45, "marketcap...

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MU - a high quality stock - bounced off nicely from previous high and EMA200 resistance zone. Short term price projection is $60 (green box) where 61.8% Fib level from prev. ATH in confluent with 1.618% projection from previous pivots.

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- Responded precisely at Fib levels. - Bearish divergence spotted. - Short with target $24 - $22.

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- Good quality stock. - May test 61 support and form double bottom and bounce off from there. Or it may break down and retreat to 51-56 level before picking up. - Plan: enter at 61-62 with stop loss just below 60. If that doesn't work, enter again at 54 level. "MO": { "max": 77.71, "close ": 65.43, "close /max": 0.84197658, ...

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Long at 130 seems to be a high probability trade with tight stop loss. 115 and extreme case of 94 are better entries if 130 entry doesn't perform.

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Regardless of how painful the last correction was which sent ETH down to mid 500s from 1400, everything was surprisingly lining up with Elliott Wave theory for wave 2. End of wave 2 was exactly 61.8% of previous wave 1. With that prospect, a bullish case would project ETH to top at 2800 for wave 3 before a drop to probably 1900 and then another rise to 4200.

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AMZN chart is surprisingly technical ticks by ticks. At this point, it does seem like AMZN has completed its intermediate wave III and a correction to 1100 is highly likely the case. Technically, any where within 990-1100 range (red box) is a valid target for this coming correction. But I would think the most possible target is around 1100 level where price will...

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Final wave v of (v) of (C) is forming. Very soon we'll find bitcoin's final bottom. The most possible level for this bottom is 6800. Though we can see a double bottom at 7500 and BTC would rise from there. It's been a long and exhausted correction, but the end of all of that is finally coming. BTC will be on its way to $30K soon.

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Speculate a pull back to 730-620 level, then another rally to 1800 level.

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I'd like to be on the conservative side. Targets in this post are conservative targets. I speculate we're in wave III. We'll see a pull back before topping around $900 for wave V. After another pull back, we hope to see $1100 as top of wave (V).

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I expect we're in the big wave (IV) which gives us opportunities to enter at 270 and 230. Expected targets are 470 and 620.

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Best entries are from 240-180 (red box). Projected wave V will top not lower than $500.

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We finished wave II right at 61.8% fib level of wave I. I speculate we're in the beginning of wave 3. Projected targets for wave III and V are $15 and $20 at minimum.

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In: $160 Target: $230 (Note for my self)

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It's clear that we're in wave 5 with minimum target of 370.