Big breakdown during the week after $AAPL threw $GOOG under the bus and said they would be using their own AI powered search function on their devices in the future....$GOOG dropped -9% on this move on Thursday and it followed into a negative day on Friday too.
No lower low yet but as with ...
2025-05-11 18:35:56 +0000 UTC
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$DIS had a surprisingly positive beat on earnings this week and the market enjoyed it, price bounced from $79 to $106 this week too
And moved back up to towards the 200 WMA, however with this price action and set up, it does appear that the likely direction next is a consolidation sideways ...
2025-05-11 18:27:10 +0000 UTC
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$BTC continues its impressive run and 5 distinct waves can be seen since $74k.
I believe the $105k level can be tested next and even the ATH level at $109k.
The Wave 5 bullish scenario has a move up to $123k and we can see that this aligns with the 4.618 Fib perfectly but also the tec...
2025-05-11 18:23:07 +0000 UTC
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$BABA had another good week and continues to move in our projection and in a bullish trend
Comfortably above the blue support line at $121 and above all important moving averages right now too apart from the 50 Day MA which it tested into the close on Friday.
A positive announcement o...
2025-05-11 18:18:57 +0000 UTC
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$AMZN's chart has been moving stronger than other Mega Caps right now and the price was able to hold above the blue line at $188 to finish the week off at $193, which is just slightly below the 200 WMA at $197.
I believe the price will continue to drift up to this MA and even go beyond to t...
2025-05-11 17:43:24 +0000 UTC
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The move is happening, back up to the 200 WMA we go and we have been patient with this one and many have been tested....but when this happens, you need to revert back to the fundamentals and the chart and you can quickly see that it is an undervalued position technically and fundamentally very st...
2025-05-11 17:40:32 +0000 UTC
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My view towards $ABNB has not changed lately, the price action is still below all important moving averages and in a difficult sector right now as travel is down and a possible recession is on the cards, travel is typically one of the first sectors to struggle as people tighten their spending.
2025-05-11 17:37:28 +0000 UTC
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$AAPL and $GOOG charts are now a concern for the market I believe, they are not moving in an impulse manner and have bounced in 3 waves and pulled back strong this week.
A lower low has not been made yet but so far the bounce since the 7th of April is showing as a corrective count and this ...
2025-05-11 17:34:09 +0000 UTC
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Monday: $AHCR, $ASTS AH’s
Tuesday: $SE and $JD in the PM, $NU and $OLKO AH’s
Thursday: $BABA, $WM, $DE in the PM
2025-05-10 15:12:31 +0000 UTC
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Solana has also been involved in the Alt run lately and we can see that the price action has been routing to its own 200 Day MA at $181, having broken above the blue line at $143, and retested it from support from above and held.
A rejection at the 200 Day MA could come next and we would be...
2025-05-09 17:32:01 +0000 UTC
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$VIX is still trending downward towards the 50 and 200 WMA which is at 20 right now.
This is showing that there is no panic right now in the market and people are still waiting to see how the market behaves at the important resistance levels next.
We have not reduced any positions eit...
2025-05-09 17:28:13 +0000 UTC
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Lower high rejection at the 0.9 Fib again now at $119 and we have two waves so far since the earnings drops.
3 waves down and holding on the green fib levels and the 50 Day MA between $88 - $95 and the bulls have a chance to get this higher again.
5 waves down and we are in Wave C and...
2025-05-09 16:10:42 +0000 UTC
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The Dow Jones, the $QQQ and the $SPY are all testing their 50 WMA from below today at the same time and look set to finish the week at this point too.
Very coincidental but very important.
Important weekend to make some deals but from the sounds of things, the US are slow to move off ...
2025-05-09 15:51:35 +0000 UTC
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Strong earnings report and beat EPS estimates by +165% and comfortable beat Revenue estimates by +16%.
I have this in Subwave 5 now and the price can test the standard wave 5 target at the 2.618 Fib at $127 before needing a pull back
The extended level would be the 3.618 Fib at $151 b...
2025-05-09 15:46:30 +0000 UTC
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Ideally we want to see a pull back once more for Wave C now to complete this Wave 2 and I would expect a move higher then next once a higher low is made between 80-82.
The next target would be the 200 WMA at 103 and the bullish PT remains at 129.
+3.5% Dividend, this has been one of ...
2025-05-09 15:39:39 +0000 UTC
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$AFRM reported after the close yesterday and the EPS beat by +258%.
BofA increased their PT to $80 this morning too....the rascals. Price is now above the 50 and 200 WMA and testing the blue bull case line.
The pull back this year came down to the 0.618 Fib at $36 and has bounced comf...
2025-05-09 14:00:34 +0000 UTC
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And just like that we got back to the 200 WMA, there was never a doubt about this to me, it is a magnet.
$ETH is a pure technical play in my opinion and technicals are our forte.
I hope many followed our Buy Alert at $1600 now.
But we are not done yet.
I have added the new...
2025-05-09 12:43:39 +0000 UTC
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Also reported after the close yesterday and the market likes it, up +13% in the PM.
Although it was not a clean beat, it did drop to inbetween the 0.618 Fib and 0.78 Fib leading into earnings, so a bad report appears to be factored in.
Price is already back above the 0.5 Fib and testi...
2025-05-09 12:24:27 +0000 UTC
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Post ER and $LYFT is up +10% in the PM and there are no changes to our chart.
I highlighted this during the week and said we have a breakout of the channel and the price is testing the 200 Day MA leading into earnings.
A surprise profit report for Q1 has been welcomed favourably and n...
2025-05-09 12:16:59 +0000 UTC
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$SG reported after the market closed yesterday and they missed on EPS and the price is down in the PM.
We highlighted the downside risk during the week if they missed on ER and the 0.78 Fib comes into play now for me at $14.34 and this level will need to hold, because the structure does get...
2025-05-09 12:12:25 +0000 UTC
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Alts are starting to make their move lately and I loaded this chart yesterday and the price has jumped from $0.014 to $0.018 in 24hrs.
We can see that an ascending triangle is forming now too so a break above the top line at $0.020 and we have another bullish indication, with the 200 Day MA...
2025-05-09 12:04:40 +0000 UTC
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I am considering another buy here if we can get another retest of the 1.618 Fib from above at $5.84.
So for those that missed the fast run yesterday, a retest and holding on this level would be suitable to add to catch Wave 5 to $7.
If there is no hold above the 1.618 Fib level then W...
2025-05-09 11:59:08 +0000 UTC
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No changes to the chart and I am liking what I am seeing here.
$HIMS announced a $450 Million public offering before the market opened yesterday, it was warmly welcomed by the market as it is clearly seen as a positive move for this growth company.....and exactly what I want to see as a lon...
2025-05-09 10:44:05 +0000 UTC
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Up again in the PM at +3.5% after pulling back to in between the 0.38 - 0.5 Fib range yesterday and we can see 3 waves in this formation too.
It is still too early to say that the pull back is complete as there is no higher high or higher low in yet
But I do like $NVO here and I belie...
2025-05-09 10:36:23 +0000 UTC
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$OSCR finished green yesterday and was up over +8% at the opening at $18.27 but faded during the day as some traders took profit, price is up again in the PM and still holding its strength since the +30% bounce post earnings.
The strong +30% climb looks like subwave 3 to me, as we get on a ...
2025-05-09 10:32:40 +0000 UTC
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Second test now of the 50 WMA over the last 2 weeks and so far has failed to finish a day above this level.
Still no rejection yet but Trumps attempt to push the market higher today did work but it was a short term bounce, the market does not behave like this.....you can't say the Tariff Me...
2025-05-08 20:02:12 +0000 UTC
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$BTC has made it above the psychological level of $100k right now, I am still seeing 5 waves which is a bullish set up and a breakout above the $109k level and the 4.618 Fib at $123k becomes in play.
So holders here should continue to hold because there is no rejection yet and there is very...
2025-05-08 19:56:20 +0000 UTC
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VERY big breakout here and there are no changes to this chart.
I highlighted this set up in the last update and now we have the breakout of the bullish wedge and above the 200 Day MA and the blue support line.
Ideally we want to see the 200 Day MA at $12.70 and the blue support line a...
2025-05-08 19:38:19 +0000 UTC
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Hell of a bounce here from $JBLU from $3.40 to $4.90 since the middle of April and when we brought this to your attention that support was found on the $3.44 level.
Price is testing the 50 Day MA now at $4.87 and I can see 5 waves in this bounce too, so I have added in the small green fib s...
2025-05-08 19:33:47 +0000 UTC
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We have 5 waves up and 3 waves down so far on the 1hr chart and the price has so far responded well in between the 0.38 Fib and 0.5 Fib at $3.75 - $3.90.
We just have 1 bounce from this range so we need to see more to confirm that the higher low is complete at wave c now.
But we are s...
2025-05-08 19:30:53 +0000 UTC
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