tekniquefrs

tekniquefrs

Gold appears to be forming a diamond. If it breaks to the downside, which I find to be more likely, then the price could plunge to around $2400. I'll be watching the $2700 level to see if it rejects.

tekniquefrs

Apple appears to be in a diamond top. If it breaks down the price could come back to the longer term trend line. I don't know if I'll be shorting this one but I do see it as a good buying opportunity if it does happen to drop to the lower hundreds.

tekniquefrs

GOOG is in a textbook bear flag and appears to be on the brink of breaking down. There's potential for a big move down to around $80.

tekniquefrs

While looking at the current Fibonacci retracement chart on NASDAQ, I couldn't help but notice the levels don't match up well with support and resistance zones. I started to move the bottom point to different areas and at $9.3k everything seemed to line up nicely. I did the same thing with Bitcoin back in December and found that the levels lined up better around...

tekniquefrs

NASDAQ is forming a diamond in a diamond. The first diamond broke out and followed the measured move to a T! If the price can breakout of the bigger diamond there's potential for a 16% rally up to $13.5k-$13.7k area. However, if the diamond breaks down it'll indicate a continuation in the current trend.