axelroark

axelroark

Just playing around with some ideas this morning and thought I'd try HA candles on multiple timeframes, and trading based on first candle reversal. In other words, buy at close of first green after series of reds (as close to closing price as possible, or lower), and sell on confirmation of first red daily candle. Downside risk exists, but stops will pull you out...

axelroark

Short-term chart shows a target of 1560 or so, but long-term I see 1800. Zoom out for a round bottom with large bull flag (cup and handle) pattern that should resolve higher in the next 1-3 quarters. T1: 1560 T2: 1600 T3: 1800

axelroark

Bearish divergence with a (potential) terminal diagonal. Could send us to 2860 by end of October.

axelroark

T1: 55ema (weekly) T2: 100ma (weekly) T3: 200ma (weekly) Wedge is nasty looking, and T3 is possible, but it won't happen overnight. May take 2-3 months.

axelroark

T1: 50 Could lead to a massive breakdown into the 40's

axelroark

This could take off like a rocket, especially with the number of bears being as cocky as they are.

axelroark

Ride it on the backtest, then short it down to 100.

axelroark

Two scenarios here: 1. Ascending wedge is in play and Apple re-tests 2018 lows. This would not be a good look. 2. Symmetrical triangle is in play and Apple breaks out after a bit of a rest. Either way, this stock is going down short-term. Furthermore, my analysis suggests that Apple stock price is the direct result of buyback efficacy. Net revenue is down,...

axelroark Updated 

Target 128

axelroark Updated 

Chart says it all.

axelroark Updated 

Every time Square Daily RSI touches 69, it sells off 10 points. Today's "upgrade" has positioned it to do the same.

axelroark Updated 

Descending triangle setup with RSI that is compressing for a big move. Could print as a reversal pattern, but given overall market weakness, it is likely to descend lower.

axelroark Updated 

I'm not sure this is bullish long-term, but do expect a $3 bounce near term for financials as this pattern sorts itself out.

axelroark

Insiders think bonds and metals will sell-off as the Fed remains hawkish. I thought the same until I saw this chart. 6 year round bottom with backtest almost complete. This could rocket higher than anyone thought possible.

axelroark Updated 

Chart says it all. Square is in trouble, and looks poised for a visit into the 50's. T1: 59 T2: 55.50 T3: Dec Low 49-50. Below that and buy with both hands.

axelroark Updated 

Pattern still unclear and giving mixed signals. Could be ascending triangle reversal, but is more than likely a bear flag. Watching for signs of confirmation.

axelroark

This pattern will delight and disappoint bears, as it leads to short term squeezes with long-term payoff. Would be hard to hold a short through this cycle, especially given the need to roll contracts beyond September. Invalid if price dumps early, which it may.

axelroark

ES 4 hour chart showing green candles into 2930's, followed by 3-4 hours of doji's and a massive selloff. Very similar pattern 3 weeks to the T.