btwice53190

btwice53190

AMZN is in a weekly symmetric triangle that could send this thing flying to 4000 a share. Bull count - wave 2 bottom was set on the POC after the earnings sell off. We are now looking to backtest the 30 week MA to put in a wave 2, then we will be in a 3 of 3 and it will launch. Bear count - wave 2 bottom now in yet, we are still in a correction where we are...

btwice53190

PLTR Looks like it could be ready to explode, if it takes out the last peak resistance she will be flying into the 30s. Beautiful breakout and retest of the downtrend and 30 MA. Volume shelf support and above POC. Right now I am seeing an intermediate wave 3 PT of upper 30's, if bull case stands. Dips are buys here IMO

btwice53190

Paypal looks like it is looking for primary 2 bottom, or found it and would be in a primary 3 of cycle 3 of supercycle 5. It currently is rangebond in an ascending triangle w/ strong support at the purple dotted line(mid to low 270s) & 30 week MA. All dips to the 30 MA or uptrend line are a buy IMO. MACD appears to be curling and bullish cross in the upcoming...

btwice53190

IWM continues along the route to the running triangle completion. Possible top around 232 and then we see downside taking us possibly back to the 212 area before ramping to ATH's. IWM should also be the strongest on the next leg up as it should lead to upper trendline break. the 210 area will be a golden dip buy if we see it again!

btwice53190

QQQ appears to still be running in the ending diag melt up. I think ~390 looks to be the top. From there we will see at least 3 waves down taking us potentially back to 360 range. Dip buyers should step in there and we launch to see qqq heading towards the 400+ range. Maybe we get this by Jan? Either way 3,7 & 11 swings remain buys!

btwice53190

Spy appears to be finishing off a primary 3 (top around 460 looks likely). Surprise surprise, looks like OpEx week is coming as well. We will be looking for the dip buy once again soon, possible that it could be the mid 430 range that we saw for our minor wave 2. From the primary 4 bottom we should get a rally taking us to SPY 500. That has potential to be the...

btwice53190

WMT is a slow mover, but chart is bullish. Weekly could see retest of 30MA / uptrend, that is a screaming buy if it happens. We are in a primary wave 3 of a cycle 5. PT 160+. This thing moves slow, but I am hoping we could see it by October or November. Stop on this guy would be on break of 30 / Uptrend

btwice53190

I see coin heading up for a minor wave 3 PT ~290 range. RSI strong, cryptos continue to rally, and we broke above volume shelf resistance (now support). I think COIN will be visiting 300 and likely get rejected there in the upcoming weeks. From there we should see at least 3 waves to the downside and will be a good buy area to go long for a Intermediate wave 3...

btwice53190

This chart looks bearish to me (short term could be bull to 250ish though). I am seeing us in a WXY correction that could see a rally to 250 before the final leg down for our supercycle wave II. 100% extension confluence here with the 61.8% retracement puts the II bottom at 165. That likely will happen when the indexes actually top (reference my SPY, QQQ, IWM...

btwice53190

I was asked for a PINS update. Unfortunately I am a bear here. 30 week MA curling to the downside. Relative weakness here as well accompanying the trendline break. Looks like a cycle 1 top is in. We appear to be in a 7 swing WXY correction with 100 extension confluence w/ the 61.8% retracement somewhere around 40-45 a share. I still think pins could see...

btwice53190

WDAY we were watching in early august for that breakout and we ended up getting it and a huge win from it! Now, it appears that wave 3 is looking for the 261.8 extension in the upper 280s. We will be finding wave 3 top somewhere up here, but I do expect us to melt higher into next week (unless market weakness makes us find wave 3 top early). From there we can...

btwice53190

Boeing looks like it is getting close to finally breaking out. Weekly being rejected at 30 MA / trendline resistance. Supported by 50 MA and uptrend, also very close to apex (decision time is near). I am favoring a break to the upside following the earnings that BA just had and overall I think undervalued. For now I do think it is best to wait to see which...

btwice53190

DIS has been one of my favorite setups for awhile, but continues to be rejected in the 180's. Based on the symmetric triangle this thing could take until November, but I think it will break out sooner then that. Wave theory has a intermediate wave 1 PT of somewhere in the 190's at a minimum (if minor wave 3 goes on a 261.8 extension it will be 200's). there...

btwice53190

DKNG above new volume shelf support. Well on its way to our 65 PT. Soon we likely reach wave 3 top so be smart about stops up here, hopefully we tag 65 this week

btwice53190

Need trendline support to hold or this could see a major flush very fast. At these levels Low risk / high reward. If trendline support holds and ROKU rallies it could see 390 again quickly. If trendline support breaks I would exit as top is likely already in.

btwice53190

This is a wave theory bull count on the 2 hr. ROKU looking to catch trendline support and bottom for a wave 2. Positive sign here is the bullish divergence and we bounced hard off weekly trendline support on Friday. Negatives: gapped below POC and volume shelf resistance.

btwice53190

This is a potential bear scenario heading into Sell September. If this occurs the wave 2 at 100% extension will be a screaming buy as next leg up send SQ to the moon

btwice53190

TTD Is trading near upper trendline resistance and could have just put in an intermediate wave 5 peak - now a primary 1. Bulls need to break the 90 high set earlier in August to invalidate this count. Bears - TTD wont break the upper trendline resistance, will get rejected sending it down for a wave 2 which should find support at the lower trendline, and begin...