wallstreetsharks

wallstreetsharks

Short If FIT Reaches 38.2% retracement or 19.08 level

wallstreetsharks

4th wave rebound, potential short target 5th wave at 61.8% retracement or 4.50 level

wallstreetsharks

triangle final wave E completed, potential breakout in NFLX. Impulsive 5 wave movement to the upside IF this breaks higher with wave 5 target at 61.8% retracement

wallstreetsharks

b wave correction, Take profit 50% retracement GS has been underperforming the overall Financials, XLF, we could have a little boost to complete Wave B at 50% level.

wallstreetsharks

100% retracement support level at $8 will act as a good buying zone for UNG

wallstreetsharks

Trading Criteria: FCX hits 14.50 or Above Potential Risk/Reward 1:4

wallstreetsharks

AAPL’s gapped up post earnings and we are heading into the wave ii resistance zone . We have a fib. cluster of 61.8% , 100% and 127.2% retracement from the 103.5- 105 level. Wave 3 Short Target 161.8% fib. extension with a Risk/Reward Ratio of 8.48 Important, move stops to break even if AAPL drops to $100 level

wallstreetsharks

GDX rebounded from critical support level of 78.6% retracement. Wave 5 target will be 127.2% or 32.71 level. Risk/Reward Ratio 1:5.59 Stops to breakeven at 27.42

wallstreetsharks Updated 

TLT Broken out of triangle previously, now in wave 4

wallstreetsharks

AMZN Bullish Vertical Spread Trading

wallstreetsharks

How to capture wave 4-5 using Elliot Wave+ Fib Retracements

wallstreetsharks Updated 

USO setting up base for wave 4.

wallstreetsharks

How to Swing Trade XABCD pattern using Options