BTC seems to be completing wave 4 of the Elliot sequence and if this holds, the 100K barrier will be broken by around 10/2023. Can come sooner. The point, buy and HODL
These aren't accurate to time but to patterns visible on the monthly and weekly time frames. UPST is following the Elliot Wave cycle and so far, Wave 3 is in the extension zone. I project a completion of the extension into earnings and a retracement for wave 4 anytime after that. Once that retracement is done, wave 5 will push us even higher. My current timeline...
I have a sine wave line on the chart as well as a few EMAs. BEKE had been using the 50 EMA as resistance for close to 1 yr and now it is waaay below that 50 EMA line. i expect a retest of the 50EMA resistance on a strong volume push and if that breaks, we could see BEKE go as high as $50+. In the meantime, BEKE should retest $29 and on strong volume, push to...
Using the monthly and Weekly time frames to establish and / confirm trend, I believe TTD is about to go down into and right after earnings. TTD completed a 5 wave cycle impulse on the Elliot Wave and has so far completed Wave A on the retracement. Wave B is underway and should tap out around the $80.52 price point (give or take $5) and within that range, i am...
Sooo..., I have roughly 3 studies on the chart. Andrew's Pitchfork (to track the uptrend and the bounces within the range (SD)), Price Action Fib as well as the Fib time trend. So far, here are my thoughts... 1.) SQ is repeating the swing pattern from last earnings between 7/24 and 8/5 and right on time too. 2.) SQ is currently sitting on the .5 fib as support and...
My Notes are on the Chart. There is a GAP on the WDC Daily chart up to $44+ which needs to be filled and with it breaking out of a downtrend (Support on the 38.2 Fib), i am completely BULLISH on WDC. any good news + Guidance will see them hit $45 on or before Friday so i will suggest a 10/30 $45 Strike and if you must hedge, go with a $36 Put. Open Interests are...