lonercapitalist

lonercapitalist Updated 

The SP500 is completing an expanding triangle as a wave B in an A-B-C correction. There is still some upside to complete this in a throw-over of the trendline. After it completes, expect huge downside with a bounce at the middle trendline before heading further down as a wave C. Take caution in equities. We are in wave E of the triangle that began at the...

lonercapitalist

The 2008 great recession marked the end of an era beginning since the great depression. Since then we have begun a new bull market. I strongly believe that the advent of blockchain technology and cryptocurrency heralds this new megacycle. Using Elliott wave theory, the 12 years up to the March 2020 crash mark wave I of this new cycle -- before us lies an...

lonercapitalist

An expanding leading diagonal is forming for TTCF. We are currently in the beginning of wave 5 of this diagonal. Possible target 28 dollars around christmas eve. Once wave 5 completes the diagonal be wary of a heavy drop -- up to .786 fibonacci retracement of the whole diagonal. We shall see

lonercapitalist

Facebook is consolidating in a symmetrical triangle for wave 4 since the impulse move starting in March. Buy when price hits the bottom of the triangle and ride the final 5th wave!

lonercapitalist Updated 

Bitcoin cash has completed wave 2, ending in a symmetrical triangle for wave C. This points towards massive upside over the next year or 2. Wave 1 starting in December 2018 was a 600% rally, and we expect wave 3 to be 1.618 extension of this - which means a 996% rally. This puts our target for wave 3 to be $2535.

lonercapitalist

Silver is currently completing a wave c in a triangle. Still waiting for wave d and wave e to form before liftoff for a final wave 5 as shown below. Now is a great time to consider buying an ETF (ie: AGQ) or a silver miner.

lonercapitalist

We are in a wave 2 of the 5th wave in Moderna's bull run. Still more upside to go.

lonercapitalist Updated 

SHLL has completed waves 1 and 3 of a leading diagonal, as evidenced by wave 4 passing into wave 1 territory. SHLL will complete its 5 wave structure in early November at around $99 or higher. Great short term investment opportunity. After it hits this value, expect a strong retracement -- up to .786

lonercapitalist

WKHS is finishing an ending diagonal as shown by the trendlines. Now is a great time to buy to ride the last wave 5. Take profits at / near the upper trendline.

lonercapitalist

SQ has reached a top with a completed 5 wave structure. There is bearish divergence on the RSI and MACD. Expect downside over the next few months.

lonercapitalist Updated 

NVAX has completed its impulse move. Wave A is a leading diagonal which also contains an expanding ending diagonal. This means that there is a large move to the upside that may even pop over the recent maxima. We are currently in this wave B. My expectation is for the move to hit 166.80 as this is the 1.6 extension of wave a within this forming B -- but...

lonercapitalist

Presence of a leading diagonal as a wave A points to a 5-wave C wave. NKLA has yet to complete this 5 wave structure. More downside to come with a bounce at $14.23 -- the .618 fib tracement of wave A