evgenii_tr_tech

06:04

evgenii_tr_tech

I expect Intel to break out of the ending diagonal (wave C of Y) and the beginning of wave III should start with huge volumes compared to what we've seen last months. It is very much like with RRGB (you can find this idea in my profile) but on a larger scale in terms of waves degree. Today we've got a break-out there. Option of wave 5 formation and price levels...

evgenii_tr_tech

I believe CVNA is printing expanding triangle as wave 4 in larger 5. If this count is correct, currently wave D of triangle is close to its end and soon, around $325-340, the trend should reverse and go down to complete the triangle with wave E which will erase >60% of market cap. After this move the stock is expected to climb up again.

evgenii_tr_tech Updated 

Log scale applied, Elliott waves analysis, as usual. Not so good liquidity here compared to US stocks but very good setup in which I quite confident. Wave (v) with light blue color is going to unfold as consolidation in wave (iv), shaped as a triangle, comes to an end. Bigger picture is quite interesting. Black (cycle) wave I shows up again as wave III with...

evgenii_tr_tech Updated 

I believe that now NBIS is in wave III. Wave II retraced almost all the wave I. I will try to update on smaller waves as they progresses.

evgenii_tr_tech

Here triangle is going to end its formation very soon and a break to the upside is expected to unfold the green wave 5. Triangle is a type of correction that always precedes the final movement in the larger trend. If assume that wave 5 will be the same length (as waves 1 and 3 are equal in length), the price will go above 6 CAD.

02:49

evgenii_tr_tech Updated 

Clear RSI divergence on weekly frames; Primary wave 5 is in progress

evgenii_tr_tech Updated 

I expect wave III to complete at around 11-11.5. Waves count started as rising impulsive waves started to shape off the long all-time channel bottom edge.

evgenii_tr_tech Updated 

Netflix is in the huge 5th wave extension. I expect it to complete wave (v) of 5 very soon, probably within the next week. RSI divergence on 3-days, weekly frames is quite visible and supports the upcoming trend reversal. When wave 5 is extended, retracement typically goes to the bottom of wave (ii) of this 5th wave. This would mean 1180-1195 USD to end the wave...

evgenii_tr_tech Updated 

Triangle is now being formed as a wave 4. I expect it to break out and finish impulse wave slightly above wave 3 highs. Up to 30% gain here if entered at 0.89$ or so. This company is now interesting not only because of Elliott Wave applied - it has specific business situation. Parker Vision produces complex radio chips that are patented in early 2000's. Company...

evgenii_tr_tech

Here could be a nice entry point. Gold continues to rise as it possibly in the mid of wave 3 of Cycle III. Fundamentally, the company is hugely undervalued compared to other gold producers which possibly might be attributed to Colombia. Good management execution and recent interest from semi-big houses are nice and supportive.

evgenii_tr_tech

Ending diagonal is going to complete until June end and then a trend reversal shall happen. This is supported by very clear and protracted MACD divergence on weekly view.

evgenii_tr_tech Updated 

It is clear that five impulse is in the past and now it is a correction. This idea is to ride wave C of the correction.

evgenii_tr_tech Updated 

Analysis is based on Elliott Waves. Soon NLOP is expected to break out of the leading diagonal (wave 1), and after some correction, continue going higher. NLOP is REIT company with assets in USA and Europe. Fundamentally, idea is that properties under management are much higher value than the company itself. As last year shown, NLOP manages to sell its properties...