resurrector007

resurrector007 Updated 

Google the Inverse head and shoulder pattern. It seem's clearly visible in SQ. Additionally, there seems to be a cup and handle pattern. This tea cup is looking primed for a Santa rally. The volume looks sound. Fundamentally, they are doing fine, the company has worked hard and made a notable name for themselves. The RSI is healthy just not oversold on the daily...

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Bitcoin’s Bull Run: A Potential Correction Ahead Bitcoin has seen a remarkable bull run, but a correction to $3,666 may be imminent. Historical patterns show Bitcoin often retraces 70-90% after peaks (e.g., 2017-2018 and 2021-2022). Current overbought indicators, like RSI levels above 70, and declining buyer activity suggest cooling momentum. Affordability is...

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Viewers, since BABAs IPO, some may have missed out on the nice upward move. I got in and got out early myself. Now tho putting a long term investment view I see some good entry points based on oscillators and stochastic data from weekly chart data. In combination with simple yearly wave cycles, i see BABA is positioned in an attractive longterm buyers entry point....

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A bullish confirmation (need to cross 1.21$$) is required at this point in an evolving primary cycle bullish trend in the EUR. While long EUR (since Jan 2017), there is an interesting pattern forming in this currency pair that would change this trend.

resurrector007 Updated 

This chart is purely an analysis. Observe the pattern of re-occurrence over the years. Can this be used to make investment decisions? Policies in place are supporting a dollar devaluation. More of the same policies to drive the markets? sure looks like. Red - Gold Green - Dollar

resurrector007 Updated 

SNAP seems to show a corrective reversal. This is a trade suggestion to short. Anticipate short till mid Sept 2017.

resurrector007 Updated 

Hi Folks. Notice the accumulation. For long term entrants, watch the stock go beyond $16 for a weekly confirmation. Then wait for a pull back.

resurrector007 Updated 

From its IPO, this good company stocks been a great short target to bad / nonsensical news. Looking at the longer term charts, this company seems to be in position for a good buying opportunity. The company could also be a potential acquisition target, but i'd hardly expect that to happen as the economy needs great sporting brands like them. Considering it...

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Disney seems to be oversold based on RSI and MACD. Using wave counts, i figure an entry now would be good. Near term target is in the range of 105.85 - 106.15. All long term charts ( daily and weekly) show good entry indicators for an intermediary buy signal. Again I only see this as a trade and not a long term buy signal. I anticipate the target range could be...

resurrector007 Updated 

Anticipated that FB would have fallen harder but there seems to a strong resistance for a correction. Now observing the corrective behavior, there seems to be 2 possibilities as always. What we have is either a C wave unfolding or an wave 3 waiting to breakout (but wave 3 happens fast so i'm not sure of wave 3 - should have been immediate) Option 1) C (ending...

resurrector007 Updated 

A bullish possibility for the dollar. Considering the mounting debt which all other nations also have and their debt to GDP percent, i don't see why not the possibility of a dollar continuing strength as all the other nations also seem to be mounting debt and no one currency seems to be a solution other than crypto currencies which may still need more regulation...

resurrector007 Updated 

Been preparing this for a while. Now i see no reason to not share this view. Its been quite tough to trade this, however at this point the view of the dollar losing value to the EUR seems to be absolutely inevitable.

resurrector007

I need some help from wave analyzers. I find the patterns quite hard to identify as impulsive vs corrective. It mostly feels corrective. 1) If these waves are corrective, it tells me there is one more wave up to complete GEs rally above 33. What's interesting here is GE is at its 0.618 fibo point in indecision and all the technical indicators identify a monthly...

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Counting wave patterns, the USD seems to be at a turning point. Its a tough call --- lot of EUR buyers.

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Anyone see this pattern before?

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Going strong on the dollar seems to be the mantra. However, looking at a long term view i'm begging to wonder weather we are in the 4 wave of the EUR bear market or wave 2 of the EUR possible bull market. Both pose possibilities. If it is in-fact a fourth wave, we are talking about a possibility of successful Trump presidency, strengthening dollar and US Market....

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Could this be a possibility for a Big move in GBP? Share your thoughts with charts on other GBP currency pairs.

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Both possibilities as usual exist. Either the EUR has completed a B of wave 2 and we are in the middle of the wave C that could go to 1.05 range to complete 2 for a impulsive wave 3 for a large wave up in the EURO that would be drastically inflationary for the US and devalues the dollar. Or The later i'd prefer but not sure because of the larger trend. We could...