NYSE:HD falling from it's head and shoulders. Keep an eye on this one as this could be the canary in the coal mine for housing starts.
Sharing what I am expecting from AMEX:SPY over the next few weeks. After this selloff, I am expecting somewhat of a bounce, before we can re-assess around the 592-598 region. I only expect this if we can avoid any additional crazy tariff news in the next few days. The area in red will be very telling.
Publishing the NASDAQ:QCOM chart to keep an eye on it. If this follows a similar path to NASDAQ:SOXX and NASDAQ:SMH , this could have some downside coming up. The chart has been one of the stronger semis, so not convinced, hence would like to track it.
Looking at NYSE:IBM and expecting this chart to revert some of its recent price advancements. With the general sentiment of the market and the massive post-earnings gap-up, I am expecting this to fill the gap to the down side and possibly more. This all depends on how the rest of the technology sector behaves, but the recent price action does not make me hopeful...
NASDAQ:SOXX is painting what I think is a topping pattern. I am expecting this to pull a similar move to AMEX:ARKK back in Q4 2021. If this plays out how I see playing out, I could see this revisiting the $180 area in the next 4-5 months. For reference:
Publishing the NYSE:ELF chart to keep an eye on the multi-year head and shoulders that is currently playing out at the neckline. If this plays out, there's a chance this reaches the bottom red-zone, with a price of 57.50
ANF printing one of my favorite patterns to follow. After a parabolic last few years, finally topping in a similar style to NASDAQ:SMCI and $ARKK. Not expecting this to go straight down, but short of a miracle, this is looking like a parabolic top and distribution. For reference,
Publishing the MNT chart to keep track of it, as a new chain and nice initial price action. With the current backing and the price action this one has a chance to do well, in case the crypto sentiment turns bullish outside of btc.
Publishing this chart because of how much it reminds me of the 2019 price action and want to track it.
Publishing to see how the wedge on the SPX plays out over the next few weeks. Has been up only for so long, this is ripe for a flush for some accumulation.
Publishing the TAO 3d chart, to see how this plays out. Looks like a super bullish chart, with everything in crypto moving.
GRT moving along with all the other alts. Bottomed and accumulated for 2years, had a failed breakout attempt in 2024, retested the bottom of the range and is now bouncing with strength. The red zone is where I expect the most resistance. I doubt it's able to break through and successfully retest it on the first try. My general guess is that it breaks out,...
Publishing to track Fantom's possible breakout from the cylinder it's been forming for the past 2+ years of accumulation. $2 should be the near term target. With the BTC move and the FTM announcements, if there was ever a cycle for FTM to follow the ETH, AVAX, SOL type of moves, it's this one. Heading into resistance now, but if it can clear the 1.2-1.3 zone,...
ZS nice base from 2022-2024. Gearing up for its earnings for q4 2024 - If they beat, I would expect this to follow a path similar to NASDAQ:AFRM
Publishing to see how this plays out for MSFT over the next for the few weeks and see if the diamond plays out.
My favorite pattern to find and track. SOFI going through it's accumulation after the brutal sell-off. Want to see if this follows CVNA.
Posting this comparison to see how it plays out. SMCI is moving much faster than ARKK did during the covid boom, hence SMCI 1d vs ARKK 3d. If this plays out, this is going to get real interesting real fast.
PFE has a hideous chart, and while it may bounce short term to the $28-area, I don't have much hope for it to build any sort of notable rally without some significant accumulation period. So many better opportunities out there for now imo.