$PFE also reports tomorrow before the market opens and the set up is there but they need to deliver in this report, no flaws, no blemishes, just a solid positive trend and reassuring the market that the worst is behind them.
Price has retested the 50 Day MA today and made a higher low above...
2025-02-03 18:59:46 +0000 UTC
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$SPOT reports before the market opens tomorrow and as much as I adore this company and would jump at buying it once it completes its ABC correction, I would not be chasing here, the price has run so hot from $69 to $554 today and you simply can not chase a stock that is above its 3.618 extended F...
2025-02-03 18:53:49 +0000 UTC
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This is our scenario now, we have burst through the potential resistance level at $35 and there has been enormous strength since the $24 level
The Inverse Head and Shoulders pattern has completed perfectly and we are locked into the 1.618 Fib for Wave 3 and on the border of going parabolic ...
2025-02-03 18:50:00 +0000 UTC
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There is going to be more days like this and more weekends like we just had with a 4 year Trump Presidency and I believe $SILVER and $SLV will help protect your capital from macro influences.
The charts are clear, a hold above the 50 and 200 Day MA's and there is a clear +30% gain for 2025 ...
2025-02-03 15:30:18 +0000 UTC
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Remember $IWM did not make a new ATH, it made a double top from its high in 2021, so I believe $IWM is not in the same count as the US market and believe it still has Wave 5 to complete.
I have added in the smaller white fibs now to show where support needs to hold, with the 0.618 Fib being...
2025-02-03 14:13:52 +0000 UTC
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Ok the pull back is underway now, so I have added in the white fib levels to show where support should come, for a 3 wave pull back to a higher low, in order to confirm a reversal here next and the start of a new impulse wave
Price is already at the 0.5 Fib so this would be the ideal level ...
2025-02-03 14:10:13 +0000 UTC
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$NVDA is also testing the lower trend line that has been in place since April, again highlighting the significance of this range right now, at the 50 WMA and the 0.618 Fib above $114.
2025-02-03 14:02:34 +0000 UTC
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$NVDA has been struggling since the DeepSeek impact and although the price is at the 50 WMA and above the 0.618 fib at $114, the price action needed to start this week positive and there is bearish sentiment in the market now, so let's look at the worst case scenario to the downside if support l...
2025-02-03 13:55:39 +0000 UTC
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$PLTR reports after the close today and it is likely going to be a difficult day for any company to report, nevermind a company that needs a very strong showing and can not afford to have a single blemish, because of the very nature of their overvalued fundamentals.
The $84 level has reject...
2025-02-03 12:35:45 +0000 UTC
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Reports before the market opens on Weds and I believe any concerns with their report is likely factored in now and a Wave B bounce as shown is next
I really like the hold on the 200 WMA at the 0.5 Fib for Wave A and how the Wave B range is aligning with the 50 WMA too.
A +30% bounce o...
2025-02-03 12:14:09 +0000 UTC
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Very nice Cup and Handle formed here, with the handled pulling back to in between the 0.5 Fib and 0.618 Fib levels, where the 200 Day MA was waiting, making this a strong confluence level,
A hold above the 200 Day MA at $17 and a reversal can come back up to the two blue line at $20 and $22...
2025-02-03 12:06:20 +0000 UTC
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$MP is one of only a handful of positions that is green in the PM now and this Rare Earth company is likely positive due to the effects of Trumps Tariffs.
We can see on the chart that the price is testing the top channel now for a breakout at $23, having held on the 0.618 Fib and the 50 Day...
2025-02-03 12:01:24 +0000 UTC
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Ok that flush down was violent and according to sum, the biggest decline in crypto history, wiping $880 Billion from the Crypto Sector over a 10 hour period.
So let's look at what happened, above is the weekly chart.
The 50 WMA aligns very well with the 200 Day MA, so when the 50 WMA ...
2025-02-03 11:55:38 +0000 UTC
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Apple Profits Beat Forecasts Despite iPhone Sales Decline in China
Key Financial Highlights
$SPY and $QQQ chart are identical and so is the commentary so I won't waste time repeating myself here. Likewise $BTC has already shown us what to expect from the market at the opening tomorrow, so please no concerned comments tomorrow when you look at your phone and see the PM.....we plan, not p...
2025-02-02 20:02:52 +0000 UTC
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I think $BTC is showing us a glimpse of what we can expect from the $QQQ and $SPY early into this week before the important earnings reports come out.
It is also another opportunity for market makers to raid concerned hands
Overall, going through our Top 20 list today, I am not seei...
2025-02-02 19:56:10 +0000 UTC
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Monster move by $V since the 10th of Jan from $300 to $351 after their double beat on earnings and the 1.618 Fib at $366 is clearly locked in now.
We are seeing a parabolic move now which is very typical of Wave 3 so lets expect some resistance at the 1.618 Fib, a level we have expected to ...
2025-02-02 19:43:20 +0000 UTC
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Interesting week for $TSLA, a double miss on earnings but they were very bullish on their robotics arm of $TSLA and the market appeared to like this but the price did fade with the market on Friday and the price stayed below the strong support/resistance line at $414.
Canada may impose tari...
2025-02-02 19:39:26 +0000 UTC
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$SHOP has cleanly bounced on the yellow support line and burst through the 50 Day MA and has made a higher high, small pull back on Friday with the market but still a very impressive week.
Unfortunately the pull back was not strong enough for me to add and I am still keeping to my Buy Zone ...
2025-02-02 19:35:21 +0000 UTC
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$SE continues to show enormous strength and has also made a higher high this week too, with the earnings not expected until the end of this month so this can still move a lot higher to our Wave 5 target at +$136 or above.
$SE is still massively below its ATH level at $372 and it is only ret...
2025-02-02 19:25:19 +0000 UTC
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Continues to show some resistance at the green 1.618 Fib at $90 but a higher low has been made above the 50 Day MA so the bulls can still make another attempt at holding above $90 and then move higher to the Wave 5 level at $111
I would like to see the price reject at $90 and lose the 50 Da...
2025-02-02 19:19:20 +0000 UTC
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I have had a number of people ask about where the price entry is right now and we can see clearly that there has only been one bounce here so far
But I have set the white fibs from this current bounce as I expect some red tomorrow from the market, so we are looking for a higher low next
2025-02-02 18:55:49 +0000 UTC
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Disappointing earnings, lackluster growth and the chart does not look great.
This is a clear do not touch until Wave C completes for me below $350.
I can not be bullish for $MSFT in this current set up and believe a lower low below $380 is likely next.....unless management produce som...
2025-02-02 18:51:36 +0000 UTC
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I think we are going to get sick of me talking about $INTC consolidating for the next few months.
$INTC for me will possibly be removed this year for another stock in the Top 20 list.
$OSCR and $HIMS are likely front runners right now
2025-02-02 18:49:16 +0000 UTC
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$GOOG reports after the market closes on Tuesday and there is usually an explosive move post earnings for $GOOG, not always positive either.
The chart is showing a bullish set up but it needs to hold above $203
If this can happen over the next 2 sessions, then the market appears very ...
2025-02-02 18:47:56 +0000 UTC
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I would like to see $DIS reject here at the 3.618 Fib which would make this bounce Wave B and see the price drop down to a lower low and go down to our Buy Zone under the 0.5 Fib at the 200 Day MA at $100
One more leg up to the Blue Line would not encourage me to add here when I see better ...
2025-02-02 18:45:20 +0000 UTC
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The 2 good things about $BTC is that it trades 24/7 and it is heavily synced with the US market now and has been for some time
So a 3 wave pull back here to the 0.618 Fib and the triangle breakout level is something we will likely see on the $SPY and $QQQ chart tomorrow too
I am not s...
2025-02-02 18:40:29 +0000 UTC
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We have been looking on course to test the 200 WMA at $106 before needing a pull back but we will see tomorrow in the PM just how much damage has been done by the Tariffs....the 10% tariff on China is less than what the market expected and we haven't heard China's counter yet either.....Trump see...
2025-02-02 18:27:35 +0000 UTC
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$AMZN and $GOOG still look the like the healthiest Mega Caps right now and both are due to report this week, with $AMZN reporting after the market closes on Thursday
I think it is a comfortable beat as Christmas and Prime Day are typically strong times for $AMZN.
$AMZN have also been ...
2025-02-02 18:21:05 +0000 UTC
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$AMD was not influenced much by the DeepSeek impact so I do not think that the Tariff impact will play a big role either, I believe the market has weighed the situation here now and believe the 200 WMA is a sensible holding level at $115....and any break of this level would be an opportunity to a...
2025-02-02 18:17:33 +0000 UTC
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