Now in post market we came down to the support line, so depending on where we open will determine how this plays out in the morning. I fully expect the pattern to play out til apex. a break of the support line, would invalid my theory. IF this plays out, i think we got some volatile weeks ahead of us. I was calling for 25 this week, if we didnt go down to...
This beautiful falling wedge has got a 4th touch on the support line today, after a bloody push into the 14s. Tomorrow i fully expect a break out of this. Early morning with in the first hour, i expect a run to 18. a rejection back to mid 16s. and then a push over the resistance line.. I will post a zoomed in chart of how i see this playing out. Good luck...
Typically the distribution phase will end, at the previous cycles resistance. Thus turning it into support. I said it before, that at the gap fill area there isn't any support, so it would make sense coming down a little lower. Is it needed? no. but it is a possibility. If that was our case, i see us smacking the resistance of the shade falling wedge. and...
So ive been tracking a certain fractal, as ive stated in previous post. And well if you back check me, ive been relatively spot on. i can not account for the acceleration/ deceleration. But here is how i see next week going.... 22 by Tuesday. 24/25 by Thursdays.... Sell off Friday. break out break out, late Feb. early March. good luck.
Today we smacked that downward resistance line when we ran into the $20s. What ever little trend we were trying to make today we failed to hold. Max pain went from 21 yesterday. to 22 today. Bullish? Bull trap? I want to see that gap get filled. and a close over $20 tomorrow. until we fill that gap i think it being so close will keep money sidelined. i was...
Fully still standing by the $19 price target call out..... and i think itll happen really quick in the morning. i see a touch into the 19s.... and V shape recovery. Max pain is 23$ .. if we dip into the 19s tomorrow... i personally will be playing weekly calls.. that expire tomorrow... watching the price of the 21$ and 22$ strikes as we drop... ... which is...
Short of a lower low, this is tracking nicely. looking for the rip to 26$ and a retest of the 20.80$
Price targets for a break out in each direction. RSI shows strength. and looks like a break to the upside could happen. But the fact that we are stuck in the 22$ range is suspect. we are bear flagging in a 6 month down trend. statistically down side is more probable. BUT personally ill be watching for a break up not down. Expect fuckery, dont chase....
This was my original fractal blueprint until the fractal theory became main stream, then they put a stop it. Wreck city. welcome to the fractal rabbit hole. dig deep. its there to find.
The Shaded triangles do look oddly similar. especially the bottom price action. So if they repeated, you would think the next move would be the shade rectangle repeating. As said before ive been tracking a fractal, which did print over 450% return last weeks. That fractal that ive been tracking is calling for a lower low, and i would say its not invalid yet,...
Seems every time we touch this line, we run, dip and then RUN. and this would be the 3rd time. So i think we can call it a trend. Just playing around.
I've been calling for 19$ all week. Didn't get it, which i'm more then okay with. Today, i was calling for a morning rip, mid day dip, and climb up. We got that. i wasn't expecting the price action to be so tight, but for a friday, i guess i shoulda expected it. I want to see us get out of this descending triangle and quick. We sideways climbed out of this...
Absolutely no technical analysis to back this. This is pure speculation. But i see us... opening with a gap up. which is easy to predict due to the after hours action. i see us ripping hard at open... *enter bull trap* to the red shaded box. first 15 mins will determine if i'm right. Im standing by my low $19 prediction. if we don't get the $19s.. i still...
Lose support, go short. Max pain, has dropped by 1$ every day this week. Monday was 29, tuesday 28, and today 27. And as we continue drop and drop, i see this trend continuing, i think by friday max pain could be 25, but most likely 26. As we lost key levels of support all day long. i honestly feel the low 19s will get hit by tomorrow. or early friday. ( the...
i ended up getting pretty bearish, but this does give an ape some hope for bullish moves... on the left after the inverted head and shoulders broke out the technical price target was met. If we do the same thing again, that would break us out on the macro. False hope? Bear trap? This week we find out. im sidelined until i see some strength in either direction.
Not sure if this has already been posted, i just find it odd. With the all the talk about there being some connection between GameStop and Loopring. The orange line being Loopring, they sure do seem to be making the same moves. Sure would be cool to see loopring run and to see if gamestop followed the next day. Something to think about.
If in fact we are in a wyckoff distribution, this is how i see us playing out. and here is why In the first shaded box, we see almost half a dozen attempts, and almost half a dozen rejections. We tried, and tried and tried. i would say if we dont break through on monday we will go find support to retry again. and honestly i see us running right to it and...
As we approached the break out zone of the slanted inverted head and shoulders, The 12 SMA is acting as support, and the 26 SMA is rapidly falling down, in what would be a bullish cross. (daily candles) The last time this happened on the daily with a confirmed cross, was August 24th, were we then went on to run over 40% Amc has been in a down trend for months,...