Will_Wong

Will_Wong

Sweet 3 of 3 next. Target $110 which is almost 4 times the current price.

Will_Wong

A small bull flag should provide a sharp spike to a new ATH before reversing. Note the declining volume and divergences in the RSI and MACD. This reversal goes hand in hand with the short term counter trend rally of the USD as well. The typical retracement level for waves 2 are 38.2~61.8 but one should note the strong support zone at the 23.6% level. I am also...

Will_Wong

38.2 which is a typical retracement for waves 4. The Bollinger bands are starting to narrow which indicates a price movement towards the middle. On top of these, we have also indicated that the USD index is going up in the short term. With the stock market approaching an intermediate cycle high, we can safely conclude that silver should correct further in the short term.

Will_Wong Updated 

Sub (iv) of LD appears done with Pivot point S2 providing support.

Will_Wong

On 7/23, AMD rallied 16% on news that INTC's 7nm chip will be delayed until 2023. Stock blew past my 5=1 target of $64. Next target is A=C at $77

Will_Wong Updated 

is not finished. Look for a slight spike and a drop for a double bottom.

Will_Wong

took off after breaking out of a wave 4 ABCDE. Here is hoping ALGN does the same too. Wave 3 target is $540

Will_Wong Updated 

it, and well on its way to Fib 1.618 extension of wave 1. Throughout the recent selloff, BGS had more than held its own. Food is a winning sector in the Covid-19 era. This is a winner and keeper. I tried trading this a few times only to regret having to buy back in at a higher price.

Will_Wong Updated 

today. However it also seems to have printed a leading diagonal. A leading diagonal tends to retrace very deep. Today it broke past the neckline on a rule of 4 Breakthrough. It is knocking on another trendline too. The primary count shows a wave (2) retracement of 61.8. The alternate count is a 1-2, 1-2.

Will_Wong Updated 

just started to unwind. I can see ROKU performing a Rule of 4 breakout here. RSI and MACD look bullish. Only problem is that the general market could be in a wave C down starting next week.

Will_Wong

Looking to scale out of longs at top of B.

Will_Wong Updated 

has taken off. On the cusp of wave 3, the sky is the limit.....

Will_Wong

suggest a possible final thrust into the throwover area. The NQ/QQQ/SMH ATHs achieved yesterday could rope in more bulls as the FOMO mentality grips them. I doubt the ES/SPX could reach an ATH on this thrust but who knows? Just be careful and protect your gains.

Will_Wong

5=1 equality is at 10,061. A double top looks likely. More importantly, an ending diagonal in the ending stages. Pivots and BB shows possibility of one more thrust higher to 10K.

Will_Wong

However, the RSI and MACD do not show overbought condition. It has more room to hit the top of the channel. Also, an iHnS pattern shows a potential target in line with fib 1.887 extension of wave (i).

Will_Wong Updated 

Seems hard;y affected by the crash.....

Will_Wong Updated 

bottom. Will it take off with a vengeance? Gold has already bottomed in 2016 and is less than $300 from its ATH. The GSR is way too high from the traditional ratio of 15.

Will_Wong Updated 

BYND to break out in a spectacular fashion.