chiefwils0n

chiefwils0n Updated 

AMD is bullish, and has been bullish since May 2018. I anticipate a corrective retrace to the monthly EMA20 between $36-$40 range and look to capitalize on this retrace. Resistance: $59.27 Support: $36.26 Chart is Monthly My current is to buy PUTs / short CALLs at 55/50 Strike with DTEs in May/June.

chiefwils0n

Classic bearish divergence on the 60min. Price is increasing, but volume is decreasing. Target 1: 270.44 Target 2: 264.95 Longer timeframe correction is still Wave B at 264.95.

chiefwils0n Updated 

PYPL is on a bullish trend. Price could encounter minor resistance at Wave A ($115) and correct to Wave B ($106) before continuing to test major resistance at Wave C ($124). Alternatively, PYPL could push through minor resistance at Wave B, and continue straight to Wave C without correction. The blue circles indicate the value of using the EMA20 as means to...

chiefwils0n Updated 

MSFT is bullish on the daily. the EMA20 serves as strong support/resistance (blue circles). MSFT broke through the 61% retrace of the recent downtrend (Wave A). Look for entry on short correction on Wave B at $162, before the stock trends up toward resistance (Wave C) at $191.

chiefwils0n Updated 

AAPL may fall to 20EMA on the daily (~$270). Price is increasing, while volume is decreasing which indicates bearish divergence. Put options have also increased both in volume and price within the last week. The 20D EMA has served both as support and resistance (blue circles) for the stock. I sold all shares today, and will look to buy back around $270.

chiefwils0n

We can all agree that TSLA has been extremely volatile within the last six months. In the interim, TSLA may correct to Wave D ($609), which is the 23% retrace from the Wave C uptrend. In theory, TSLA could retrace a bit further to $526.76 based on the Fib extension (38*%) from the ATH of $968.99 on 4 Feb. With a average price target of $520 (1), this seems likely,...

chiefwils0n

CCL has been in neutral pattern since 07 April as price consolidates (red channel) at the 38% Fib ratio ($12.30) from the previous downtrend. Typically, a retrace to the 38% level indicates a strong trend, which in this case suggests CCL is still bearish. It's anyone's guess how long this consolidation period will last, and whether the breakout will be bullish or...

chiefwils0n Updated 

RCL is bullish on the weekly. However, the daily formed a bearish DOJI on on 09 April, and the 4H charts indicate bearish candles, bearish MACD, and bearish RSI. Also, the price is at the 68% Fib level, which suggests it may retrace to $29.50. Given the COVID-19 crisis and recent CDC "no sail" order (10 April) that will extend into mid-summer, I suspect this will...

chiefwils0n Updated 

MNKD is on a slow bullish trend. weekly, daily, and hourly bullish trend may retrace to support at $1.18 based on daily RSI, but will likely continue to rise support/entry: $1.18 target: is $2.20 stop $1.10

chiefwils0n

GRUB bearish on weekly, intraday, and hourly charts. GRUB may push through $57 support. Lower daily volume. Will take a short position and monitor for the next few days.

chiefwils0n

I've been watching BITTREX:NLGBTC since January 3rd and it is a very strong coin. In fact, NLG continued to climb steadily while COINBASE:BTCUSD corrected over the last few days. However, it has entered a daily bearish trend, that may last for a few days if my ABC Elliot assumption is correct. Analysis: • As shown in the 2H chart, NLG enjoyed a strong...