We've known for a while Tesla was coming to the conclusion of this ABC retrace. Two days ago, I stated we had made a new low in the MACD indicating this all has been our (A) wave of ((2)). This all seems to line up with what the S&P have in mind as well. It has had a decent drop the last few days and is ready for a retrace, just as Tesla is ready for its (B)...
Facebook has been on a tear ever since its bottom of Cycle Wave 4 @ $88.11. It is clearly extending beyond normal fib levels and should hopefully top inside my box. We could extend all the way out to the 3.0 @ FWB:307 buy its not a high probability at this time. The 2.618 should be enough to stop this move up if we even make it that high. Although, Meta did post...
Despite posting almost HKEX:1 Billion in un-expected revenue Google has yet to rally like Meta and MSFT. This supports my primary count of having topped already. That doesn't mean we can't go higher. We still haven't hit the 1.0 of this ABC retrace, this would be a shallow retrace, and until we have conformation, I will leave the ALT count up showing we can...
That is the question I have been wondering. I didn't think it would have the energy to push to the 1.0 if we are being honest. Then along comes the earnings report and reminds me never to doubt the power of the 1.0. MSFT earned 9.42% more than expected and revenue was up an extra 3.6% as well. This resulted in it jumping 7.24% today. I think we still get at...
Here is the long-term chart for Amazon. Again, as stated before, so long as something like WW3 doesn't derail Amazon and make them go out of business (which I highly doubt would happen), these numbers are real targets. Bonam Fortunam, --Tyler
As promised here is a graph of Meta long term. Again, this is to show you all that there is a light at the end of the tunnel. We are going through some hard economic times right now and it is hard to decide on what stocks you should invest. Keep in mind these are all estimates. If a company, such as Meta, has some earth-shattering news that breaks from out of...
Today Tesla was very telling in what it has planned for the future. The MACD made a new low on the 4HR chart which tells us it just made a new A wave. The turquois count suggests we have made the local bottom and are about to move higher towards the box labeled (B). Black count (Primary) suggests we still have OML needed to tag the 1.0 @ $156.49 to complete this...
My buy order for 10 Tesla just triggered @ $160. I will slowly be entering into a sizeable position as Tesla finishes out what I am calling its Wave C of 2
On the Chart, my primary count shows that Google is not quite done with SC Wave 1. However, labeled in turquois, is my ALT count which suggest we finished SC (I) and have started to head down for SC (II). Either way, rather my black prevails, or my turquois count is correct, we're headed lower. Turquois suggests we're headed as low as HKEX:20 , whereas black...
I wanted to begin with the weekly chart on Microsoft. It has started to subdivide lower into its Cycle Wave II of SC Wave (III). The box I have marked is a very big target zone I know, but it is entirely possible for MSFT to fall this far and could possibly go even lower. However, the next move up after that will be a HUGE bull rally. That is the long-term...
I decided to zoom out on Tesla to the Weekly time frame and label it from its public debut to today. Overall, it appears we have completed Wave IV, and began to climb higher in our Wave V. There is the possibility we haven't finished Wave IV yet and may have OML to make before the last jump in this SC Wave 1. This is represented as a turquois B in a yellow box...
I want to start by thanking the followers I currently have and hope to build even more going into the future. I'm going to begin posting on a group of stocks over the next few days, and then once a day going forward into the future. These will consist of TSLA, RIVN, AAPL, MSFT, GOOG, AMZN, META, & the SPX. I may add or remove some depending on the needs/wants of...
The 4HR AAPL chart posted here assumes we are in a SC wave 2. I believe we just finished another B wave and are about to embark lower in wave C. There is still room for OMH on negative divergence up to $170-171 area to hit our 1.786 of this move up. On the chart I have an arrow pointing to our next destination @ the 1.0 fib line with a box that states -30.69%...if...
This chart is a mess right now but the important thing to know is I believe we are in our wave 4 of c and only need OML to be considered a complete count. The circle I made on the right is pointing out MAJOR fib confluence. The orange 0.618 is the from the ALL TIME LOW to the ALL TIME HIGH of Tesla. To understate this significance would be a huge mistake. We may...
I'm not going to spend much time elaborating. If you have followed me for awhile you know this time has been coming. This box I have marked is what I am calling our bottom. Rather it be for a retrace or bull rally it will go up. I have placed a BUY order for 300 shares @ $11.15 so far. I plan to continue building this position for awhile. Feel free to ask...
Tesla had a complete 5 wave impulsive move lower today as predicted. We should now "ideally" see a 3-wave structure retrace into the small box marked on my graph. Once we have that wave 2 top, I can then put more accurate projections together. At this point and time, it looks like we will have a wave (2) bottom around the 1.0 @ the $150ish region but could easily...
That is the question. If this count isn't right then that means we have bottomed already in our wave 2 and are on our way up for wave 3 😬😬. I drew a retracment tool (blue) for A and a fib extension from A-B. If I'm right about the S&P then we should expect Tesla to drop pretty hard...possibly even precipitously. There is room for OMH, which looks possible, but...