No changes to the chart here but I wanted to keep everyone in the loop.
I still believe there is one more lower low to the 200 Day MA which is just above $31 now before this pull back is complete and we can go higher next to complete Wave 3 at the 1.618 Fib at $41.
The 50 WMA is also ...
2025-05-12 19:29:02 +0000 UTC
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We are back above the 50 WMA and the 50 Day MA and 200 Day MA.
I believe $BIDU can make an attempt at the channel top line next at $94 but this will likely lead up to their ER which is expected on Weds the 21st before the market opens.
I will not be surprised at any stage to see $BIDU...
2025-05-12 19:25:10 +0000 UTC
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TWEET:
$HIMS 10 YEAR PROJECTION
+1500% Gain in 10 years.
I believe they can achieve a $100 Billion Market Cap by 2030 and this aligns with $HIMS Revenue projection for 2030 too.
Price can reach $869 by 2034-2035....equating to a $200 Billion Market Cap.
Projections a...
2025-05-12 16:36:56 +0000 UTC
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$ACHR also reports after the market closes today and it is a company we like and have a position.
The breakout of the descending wedge has been bullish and the price action is moving comfortably in Wave 3 now.
We need a solid ER now to continue this higher.....they missed on their las...
2025-05-12 16:25:57 +0000 UTC
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Beautiful day for our buys and the market.
$SOFI up +7% now and continues to move up our Wave 3 projection to the 1.618 Fib at $15.37.
Wave 5 target has not changed yet either at $18.
I believe $SOFI can return to the top blue line at $25 this year if they continue to report str...
2025-05-12 16:22:35 +0000 UTC
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Nice +5% bounce today with the market and we are within touching distance of the 50 WMA now at $124.65. and current price is at $122.
We are in between the 0.5 Fib and 0.618 Fib range and the triangle bottom line is at $127 too.
So between $119 - $127 is a very important range that ca...
2025-05-12 16:19:51 +0000 UTC
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Ok ER after the close today.
We added on Friday on the $25.50 level and happy with the bounce with the market today
But now we need to see the ER out of the way and a positive reaction from the market
The implied move is -/+ 18% so I do expect a strong move over the next 24hrs.<...
2025-05-12 16:14:03 +0000 UTC
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Ok our Wave 5 target has been hit (1 cent off) so we should be planning for an abc pull back now.
There has been no rejection yet so we are just getting prepared right now.
I have added the 3.618 Fib at $8.18 incase this gets pumped by those late to the party but I believe we should b...
2025-05-12 14:29:23 +0000 UTC
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We do have a 3 wave pull back where the price dropped down to inbetween the 0.38 Fib and the 0.5 Fib at $3.83 last week.
Price is now bouncing in the PM due to the tariff agreement.
If we can get a higher high next above $4.44 then the abc pull back is complete for me and the 1.618 Fi...
2025-05-12 12:35:11 +0000 UTC
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$VIX has now dropped to the 200 WMA exactly in the PM as the market moves higher.
50 WMA is just slightly below this level too.
🔍 Understanding the VIX
2025-05-12 11:40:57 +0000 UTC
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2025-05-12 11:39:53 +0000 UTC
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2025-05-12 11:39:03 +0000 UTC
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2025-05-12 11:38:08 +0000 UTC
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A reminder of the $JASMY chart
We do have a breakout now
So we just need to see the price hold above the yellow line at $0.020 now and Wave 3 will get triggered I believe.
Hold tight or consider adding.
2025-05-12 11:17:56 +0000 UTC
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Patience, patience.
Price has only dropped down to in between the 0.5 - 0.618 Fib range as Trump plans to cut drug prices
Trump needed to make this announcement over the last 24hrs to give the US consumer a win
Because a tariff back track of 145% to 30% to China could easily be...
2025-05-12 10:55:33 +0000 UTC
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This is the big concern right now and could upset the party and we have been following this closely.
Price is now up +1.6% as the PM rages higher for the market
We have a higher high and higher low and a clear bounce on the 50 and 200 Day MA and bullish wedge top line.
If this w...
2025-05-12 10:49:31 +0000 UTC
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I am just bringing this back to your attention again
No changes to the chart of course but I am seeing a lot of interest here, fundamentals look good and the price has held on the 0.78 FIB at $52 and now has bounced to $74 in the PM.
Still below the 200 WMA at $87 too.
We only h...
2025-05-12 10:43:56 +0000 UTC
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$OSCR is very similar to $HIMS right now, also had a shallow subwave 4 and now breaking for a higher nigh and in subwave 5 now.
Shallow subwaves can happen when catalysts move the market.....and a trade deal can be one of those catalysts.
The standard fib level we use for any wave 5 i...
2025-05-12 10:35:23 +0000 UTC
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$HIMS is ripping higher in the PM now and even more so than most stocks in a heavy green PM.
There are no changes to the chart, except I added in the green 2 Fib and the 2.27 Fib levels.
We can see that the price action dropped down to the 0.236 Fib on Friday at $49.38 and found suppo...
2025-05-12 10:28:52 +0000 UTC
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US-China Reach Tentative Trade Agreement to Cut Deficit
Headline Deal Announced, Details Expected Monday
Top US officia...
2025-05-11 19:45:16 +0000 UTC
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Important individual ER's out this week for our group but not many in terms of Market Movers as we have experienced over the last 2 weeks.
I have wrote a long commentary under the $QQQ chart so please review this chart too in conjunction with the $SPY as both are moving perfectly in sync ri...
2025-05-11 19:40:10 +0000 UTC
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The $QQQ, $SPY and $DJI all finished at the same spot this week, testing their own 50 WMA.
This is important and as I have said a number of times now, history has shown us that a retest of the 50 WMA typically happens before any direction is decided upon.
Any one who can say right now...
2025-05-11 19:28:46 +0000 UTC
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Routing back to its ATH level again at $366 and their ER is comfortably behind them.
Top Executive sold $2 million worth of stock this week, so consider this in your decision making process if you want to add here.
I believe a break above $366 and there is at least +10% on the table h...
2025-05-11 19:17:43 +0000 UTC
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I can not fault our chart so far, the price action has not given us any surprises.
Price is also above all important MA's now too in spite of a very terrible ER this season.
My one concern is that the pull back since $488 in Nov is arguably in 5 waves.
So if $TSLA only bounces i...
2025-05-11 19:07:06 +0000 UTC
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I uploaded this chart post earnings, so this is just a recap.
Price has bounced in 3 waves since the buy zone back to the channel top line at $100, there has been a clear rejection now post earnings and with a 3 wave bounce, we know this to be corrective and would expect a lower low next an...
2025-05-11 19:02:49 +0000 UTC
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$SE reports its ER on Tuesday before the market opens and we can see that the price action is moving almost identical to how $PLTR moved leading up to its own ER with a double top likely forming.
There has already been a 3 wave pull back for Wave A but this potential Wave B has also bounced...
2025-05-11 18:59:14 +0000 UTC
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$PYPL tested the top of the consolidation range this week at $71 but finished just at this level, so there is no breakout yet to the Wave 3 target at $72.84.
I have a lot of conviction behind $PYPL and believe this will move higher and back to its Mean Range above $145 in the future.
...
2025-05-11 18:56:30 +0000 UTC
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We got a test of the $60 level this week, which we know is the Covid Low level from 2020.
So flipping this level back to support will be a strong indication that the market believes the worst is behind $NKE.
Right now, $NKE is still in the Buy Zone and I have no issue adding under $60...
2025-05-11 18:42:49 +0000 UTC
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No changes to the chart or commentary here either, I believe $MSFT is in a Subwave 3 bounce and finished the week testing the 1.618 Fib at $438 and finished the week just above this level.
A pull back next to the 50 WMA from above at $418 or the previous support level at $408 would be suita...
2025-05-11 18:38:54 +0000 UTC
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