Taterchip09

Taterchip09

Safe to say, there is a high probability that this moves to up side. We are bouncing off major support. We got the volume suggesting that someone is buying at this level. The bullish reversal pattern, the falling wedge is just about fully finished. i wouldnt expect us to make it to the apex of the pattern before we see a confirmed break out. Tomorrow? next week?...

Taterchip09

But this looks like some kind of 10 yr distribution scheme. Highly unlikely i suppose. but this would line up with some crash/recession everyone is talking about. a MACRO phase C D n E ...would be like a 1 or 2 year down trend. lol war ... fed hikes.... inflation... just the beginning. Im just playing around with the charts but even if you zoom in on like the...

Taterchip09

I have no words for this. But i think its pretty safe to say whats coming next.. Look at the same spot on a 3 or 5 min chart. and i bet you too will start getting excited. 3/11 190p for me. Good luck.

Taterchip09

Familiar with Wyckoff? if so sure you see the chart playing as it should. clearly in phase D.. almost phase E. IF not, do some reach, pull up a distribution diagram. This is text book. Also something to note, Elliot 5 wave theory puts us in the same spot. Not to be forgotten. there is a gap a 165. Give it 3 or 4 weeks and this will back to pre covid...

Taterchip09

This is absolutely mind blowing and i really want to see how this plays out. chart speaks for its self. color coded everything.

Taterchip09

We clearly broke the downtrend resistance. And yesterday i posted saying i was assuming a retest of that line would be made. We got it, wicked right off it, like it was meant too. If we continue to get bullish price action and line is held. I then projected an elliots 5 wave theory to get some price targets using the Fib tool. its actually kind of reassuring...

Taterchip09

Clearly traded in the falling wedge for a while as this stock lost value.. It broke down, and fell into a falling channel, where it really lost value. it traded sideways, and rolled over the channels resistance, back tested it and WAM over the macro resistance line... and were closing daily candles over it. A retest of the old resistance, turning it into...

Taterchip09

chart speaks for itself. it appears we are now in wave 4 up. i would think that 434 to 439 is where we will run into some resistance. and then we shall see a fear inducing roll over. I am targeting 380. Goodluck. be patient.

Taterchip09

i can't account for time it'll take, AMC is one of the most option traded stocks on the market. thus comes high manipulation. slow it down and crush them with time decay. I see this SLOWLY grinding to the top of the channel. Then whether you want to hear it or not, i see it SLOWLY grinding its way to the bottom of the channel. At the bottom on the channel i...

Taterchip09

IWM is in the final phase of a wyckoff distribution cycle. Its pretty obvious to where this is heading, and where we get our bounce. ( green trend line ) but before we get there, i see a quick little drop to the high 180s (186 to 188) then a little run to retest that downward resistance and then that is when we will get our bounce on the green trend line....

Taterchip09

i am focusing on the level where we got the double bounce about a month ago or so, where we then went to fall under and have stayed under ever since. We finally get a little run, and where do we get rejected? the same level. So here is what i see happening, we fall to the upward trend line support.... and slowly grind our way into a rising wedge. to where we...

Taterchip09

We could see a run to 20 before the big drop... Im still calling for below 10$ but this may want to trade in this range for a while first. I would imagine a wyckoff accumulation will show its self.... But if the green bullish scenario plays out... once that top trading range is broke... expect the next week to run to 10 to 12 dollars. I'm looking for a...

Taterchip09

Bull trap central today. And it was just the start. I wont lie, i seen the move to 18 and it still shook me out of my puts. i expect tomorrow to start off slow and end aggressive. 11$ is near. and thats not even the beginning of it. I have a feeling we are going to revisit the buy button bottom. I hate being bearish on this stock, but the worst is yet to...

Taterchip09

But we have more downside... be prepared. i would say the more likely scenario is we run to high 18s... low 19s this week.. and just drop off the face of the earth. I see it being aggressive. an " emptying of the tank" for the bears. looking to enter under 10$ for some long calls. I would be willing to say if we run up this week and then drop... the bottom...

Taterchip09

With how the current market is, i see this as potentially a route we take. Next week is see being a relief bounce.... rejection at the resistance trend line, and possibly a fake out break out... and then a strait shot down. Knowing i personally cant play the down side to amc due to the overly bullish stance i have, i will not be placing puts on this.. but i...

Taterchip09

We must hold this line, and lock in a higher high. IF we can... this is how i see the next 2 or 3 weeks playing out. IF we make a lower low, i see this going to the 12 to 13 dollar range, just based of basic elliot wave theory... To justify todays price action, if you look back i was calling for us to give back this weeks gains and retest this range, i was...

Taterchip09

Its hard to gauge how high or low we move, but if you have been following me lately, we have been nailing the movements of this stock. Called for the move up today, and i called for the move where we gave it all back. Now i will be looking for a W pattern to show up, but it will double top in the 18s, and get rejected. i will be expecting a small gap up on...

Taterchip09

They have extended the pattern and slowed it down. play is still the same, looking like it'll be pushed into tomorrow. Said it once and will say it again... i cant account for acceleration or deceleration.