BA - should be ready very very soon It is possible that wave 2 bottom is already in- but since the corrective move Friday flushed past the 161.8 - that favors it as a 5 wave impulse down - meaning we will get a corrective bounce up - followed by another flush. I still think all dips on BA with time are a buy. Next move wave 3 takes us to 260, but thata move...
I saw this count last week and it does appear to be playing out this way - wave 4 triangle. Either way ARKK should be seeing ATH next year before the market "tops" - it just likely will take longer than I anticipated. We should still see at a minimum - 172. Soon my expectation is that big tech will stop getting all of the $ - and we will see a rotation back to...
AAPl didnt get as low as I wanted for wave 2, but thats ok because I still caught the move up, just not with as big of a position as I would have liked. Look for a wave 4 dip buy early next week for the next move to 163+ because this move isn't finished
I see 125 as next PT after this correction is complete. Possible for us to see a wave 4 triangle here (bull flag). I will be watching
FB minute count isn't clear - but dips remain a buy. I think we are coming towards a wave 1 peak on this name - which is inline with the Q's , that next dip will be a buy with both hands opportunity because the next move goes to 390 area.
Dips are a buy on shop - I see 1800-1900 as next stop
IWM - I see us in a wave iv dip buy zone as we speak, but we are nearing invalidation. As of now IWM appears to be bull flagging and we should see a breakout early this week. On flag breakout PT will be 250 above. If IWM fails and breaks down look out below. Conservative play here is to wait for flag breakout to go long - or if you are in - hedge appropriately
Sorry bears - just like the Q's I favor more upside before we top for either higher degree 1 or market actual top. And again I favor a wave 1. You can see a cluster of reasons as to why I favor the top being 475-477 for our wave 1 (161.8 and 100 extension confluence) Now is not the time to be complacent though, the bears have their time coming very very soon...
The Q's are going to be putting in a bear trap to start off next week most likely, that appears to me to be a wave iv, before the final push up for our wave 1 top. Notice the RSI divergence - RSI highest at wave 3 peak - now we are divergent and will be when the top is put in. The top could come really at any point since we now have a clear 5 wave move - BUT I...
Guys Rejected where it needs to for now. Bears still alive until we break above
for those who want to see I expect something like this. For now we wait. Normally takes ~3 days to bottom after bad news. If you want an update at any point in time message me on the other app I cant speak of. I see that more frequently then this
Quick post We followed WXY move - likely will bounce here but then flush one more time. I will wait until likely Weds to buy more long. NOT SELLING ANY OF MY POSITION HERE BECAUSE I ONLY WAS SMALL TO BEGIN WITH, DO WHAT MAKES SENSE FOR YOUR RISK APPETITE ATH IS STILL COMING UNLESS TOP IS IN AND TL AREA BREAKS
My previous count has us extending in that intermediate wave 5, which the more I am looking at this I am not sure it is going to happen. Either way with SE earnings on tap I will not be taking a trade just yet. I want entry after ER when the direction this is going is more clear. Over ATH and I will re-count and take a trade, OR I will take the trade in the dip...
SE looks like it is in a wave 5 of a cycle III. This would make sense with how crazy of a show it has put on. What I am seeing is a conservative PT of 390 for this top, but it could go well into the 400's. (if my count is correct). From there we will see a retracement (likely 23.6) for the wave IV which is going to be in that channel zone. Any dip into that...
Credit to my buddy Sergio for me even looking at this name (not sure if my count matches his, but both our counts pointing towards ATH soon) If wave 2 bottom is in our next stop should be around 90 for a wave 1 top, and then ATH's here we come. All dips are a buy here, but pay for time in case wave 2 bottom is not in!
To me it appears that ASML is either in wave 1 of cycle wave V, or we are in a complex correction still for wave IV. I will keep this one on watch for either the wave 2 dip buy, or the wave Y dip buy. Either way this stock has a date with 1000+ before topping
This one has been sitting out of the rally, that isnt good. Notes on chart - but it appears that it is likely this is still looking for the primary 2 bottom. I will be a buyer again around 205. Beneath 191 and top was in - hello bear market
I expected us to already see a flush , but it doesn't look like that is going to happen unless serious market weakness. This thing is looking to make a move to 90 soon. ALL DIPS ARE A BUY