ivanwolfgang

ivanwolfgang Updated 

What a Gap! Clear those Ema's and I think we got a ride back to 550. I would say this is especially favorable if the weekly/daily breakout in tech QQQ sticks.

ivanwolfgang Updated 

Completely Neutral here. Not financial advice. A few things of interest/worth noting. 1. A previous long/mid term trendline (blue) was broken 2. potential head and shoulders on daily, but so far looks to have failed at the right shoulder "neckline" 3. A fairly neat channel now forming with a higher than average volume test to the upside about to occur Keeping...

ivanwolfgang Updated 

I suggest you get your butt above 120 or this won't end too hot in the coming weeks.

ivanwolfgang Updated 

Trade the magnet during melt-up. Highlighted some caution where increased volume and similar recurring patterns could indicate a notable pullback.

ivanwolfgang Updated 

$10,000...

ivanwolfgang Updated 

Buy off support and prosper!

ivanwolfgang Updated 

Interesting "do or die" time for SPCE in my opinion. I'd like to see it fill the upside gap approx $42, however we are at a significant level that has multiple previous reactions. Generally increased volume should be favorable to continue the uptrend we have currently, but with our modern wonky market, all you can do is protect your position with appropriate risk...

ivanwolfgang Updated 

Fib Extensions want to go for the homerun target by the looks of it. Tomorrow fed speaks and we'll see confirmation of direction. NVDA to $793

ivanwolfgang Updated 

Part 1: As a continuation I still see more downside with a nearterm (5-7 days) target of a downside gap fill in the 400 territory. A bounce as well as a short term reversal is to be expected on gap fills and that's what I suspect we saw today. My best guess as to how this continuation may play out (2 theories): 1. We may see the upside gap filled created...

ivanwolfgang Updated 

First off - to say I bat 500 on TSLA tech analysis is suppppper generous at best. I mean go see my last one, a bullish elliott wave theory (wrong). This thing is a complicated beast. In effort to not overbake this, 1. we have some fib levels 2. we have some ema's 2a. we lost the 200 d ema (reclaim it asap or perish) 2b. daily ema's threatening or...

ivanwolfgang Updated 

Keeping this simple intentionally to track later on if this impulse/ reflex feeling is accurate. Thinking we have a short term wedge that will resolve to the downside to fill 1 or 2 of the below gaps on SPY. If this is accurate we may see this full picture resolve by mid-week (~406). Seems aggressive, but let's be honest, with everything going on in the past...

ivanwolfgang Updated 

Bullish theory for TSLA on a 1-2 week timeframe. First, some visuals: 1. Orange Elliott Wave, numbered 1-5 - key part of the thesis, with pt 5 being the target 2. Purple downtrending line, simple an interesting trendline with a lot of activity so far in 2021 3. Blue uptrending lines - connected tops, connected bottoms - call it a megaphone if you like. 4. EMA's...

ivanwolfgang Updated 

First, on some visuals: Fibonacci extensions used as levels. Green boxes visualize un-filled gaps created on downward action. Daily trend line (blue) as longterm support although I don't anticipate this coming into play nearterm. Purple trend line descending from highs show current downtrend and would function as a decent trigger for a swing entry LONG targeting...

ivanwolfgang Updated 

will keep this simple; Looks to me like a break in trend on the daily candles, as well as some backtesting of that trendline. Now here we are. I spy a little gap below, looks like a fair enough place to park it over the next 4-6 weeks. Conveniently near some solid support. Also makes a fairly neat 20% retracement from the highs which feels reasonable. I...

ivanwolfgang Updated 

First I think its important to acknowledge that I have not been in the market long - approx. 5 years of regular eyes on charts. What I'm seeing in these past 2-3 weeks have been very atypical and feels a lot more like a dice roll than market conditions allowing for the capacity to analyze short/mid term trend (think 3-5 day swings etc.) I'm not a scalper either,...

ivanwolfgang

Clean chart. No lines, no mess here, just a simple concept. If a VXX/VIX at this low, with an up-trending volume doesn't make you uneasy.. I don't know what to tell ya.. Market optimism is a wonderful thing and personally I love the days more when I have a bullish attitude (because who wouldn't want to support the economic success of everyone?), but I also...

ivanwolfgang Updated 

Pop.

ivanwolfgang Updated 

Just posting this so I can reflect on the replay later. Right now I'm thinking we retest as low as 278 and recover into the 290 territory by end of next week - making our next step ~304. Just looking at the channels that tend to keep popping up. I think a dip of 260 would be rather epic and a possibility for a serious sized Inverse H&S