mike_volk

mike_volk Updated 

There seems to be a top diamond pattern indicating a bearish reversal in general, however the price broke resistance line which might point to a continuation of the uptrend with target between 76 and 77... just posting for information purpose

mike_volk

Post downtrend breakage summer 22, consider uptrend is in progress with impulse wave 3 hasn't exhausted yet. Currently per my assumption it's in minor correction wave 4 of the uptrend impulse wave 3. Near-term target is either 66.45, else - 64.92. Mid-term target is around 76.9 - 77.4

mike_volk

There is no head and shoulders in four hour time frame so far: supposedly head is equal to left shoulder height and the right shoulder is getting shaped on low volume. I am neutral on this chart pattern, just publishing FYI

mike_volk

If USDRUB breaks out triangle resistance line on four-hour time frame, next target supposedly should be 79? I am neutral though on this pattern, just publishing FYI

mike_volk Updated 

On daily chart MACD bullish convergence seems to emerge. Next few days price action should confirm this convergence pattern

mike_volk

TWTR may be heading to 39, or else 34+ where in my view correction wave C should complete

mike_volk

There is inverted hammer and bullish hammer candle pattern and the price also bounced off the support line in pennant pattern. A bullish reversal is likely

mike_volk

It’s my humble assumption with limited computing. Per Elliott wave pattern, NVAX may be in a supercycle wave III AND at the beginning of NEW primary/ intermediate wave 3. Looking at intermediate waves, the first 1-5& A-C have been built by a common script (purple waves) and I extended it to a new set of waves 1-5 (in blue). The new intermediate wave 1 L=149 (local...

mike_volk

Since 52 week high in May, SCCO is in a downtrend and it's nearing a breakout of upper trendline in falling wedge pattern. Local lows and local highs trendlines have been converging on relatively declining volume. If it closes weekly above 61.6 (now it's hovering just over 61), a bullish reversal of the existing downtrend and return to to a previous uptrend is...

mike_volk

This is my first attempt to follow Elliott wave pattern. After wave A B C correction, seems we are now at the beginning of new wave 3, which should be the longest one with 1.6 fibo retracement of wave 1. Previous waves 1 to 5: W2 did not retrace more than W1, W3 was the longest, W4 didn't go beyond W3. New waves 1 to 5: W2 didn't retrace more than low of W1 so...