Erictaylor

Erictaylor

Struggling to hold above 73k we may have found our top here. Time for potential bigger correction. Currently in a weekly considlation pattern so this will take time. Support of said considlation pattern is 62k we could come down and bounce off that. I personally don’t think this patter will turn out to be a bullish pennant Howver it is possible BtC has one...

Erictaylor

Testing top of range after bull flag breakout. Huge double bottom sideways range with 37.75 reistance. We may be on verge of breakout right now. Hold tight stops could attempt entrys here. If we dip in 36 and 34 are huge support buys. This should easily see 50+

Erictaylor

I posted yeateday as a potential breakout of this pattern. I was leaning on the bullish end with a target of 68 if we could breakout of 55 and hold. We struggled and found reistance there. I had a long opened at the support Of 51$ which ended up breaking. I discussed if we lost 49 $ o would stop out and look for target of 37$ We ended up breaking around 430 pm...

Erictaylor

This stock has been getting amazing action! It’s super volatile but since it’s now got a monster rejection from 100+ area we can now find retracement fibs to see Where could we get a bounce. This has found support bounce off .618 fib of 46$ and currently trading and considlating under the 50% retracement. If we can get a breakout of this current triangle ,...

Erictaylor

Despite the feds continuing to say they won’t be cutting rates much or anytime soon , which lower rates is better for the banks, and many other interest rate sensative stocks, the KRE in my veiw is gearing up for a big move up. It’s slamming its head against the downtrendinf reistance. It’s got a double bottom holding up and now consolidating in a pennant...

Erictaylor

Finally getting some love. I’m loaded at 2.04 averge. I’m looking to add here around 2.15 or so. .382 fib on retracement from recent high to low bottom. This is looking like it has a lot of room to go. Prob 5$ at least before a major correction. These are the pull backs to load up on !

Erictaylor

This stock has been considlating for a while. Super high short interest , low float stock that has so much potential to rip to 30-40$ easily. A huge double bottom was put in with a higher low and now we are considlating between 21.80 and 24.50. If we can break out o this current bullish pennant we could see a move towards 29$. I have been buying this between...

Erictaylor

Could be finally bottoming might have a solid chance and decent risk to reward to load the boat here 14.22ish area with a target of 26$ This could take until end of April mid May to play out completely but could be worth the 1$ per share risk. I’d stoploss it close to 13.20/13.40 area.

Erictaylor

Had a very nice breakout which saw a good rejection off 155 area We just broke down from a symetrical triangle which could have contiued this trend to 160 but failed for now. I’m still bullish coin but Mabey we need to come Back in and retest that pattern we just broke out from. I’m in shorts on coin looking for a retest of either 144 or 140. Curently the...

Erictaylor

Hanging on here to support. Last time I shorted it was for coin to test the uptrending support at 132. We did that and eventually got a push up and another rejection of 146.50 We are now retest the breakout from last week from 138 being a bigger reistance We need to contiue to hold and reclaim This as well as hold this uptrending support. As long as we can hold...

Erictaylor

So the idea worked out mint and we got a nice bounce off 130 area I took profits at 132. The overall pattern is holding still closer to the bottom end of it. First bounce is still within the downtrendinf channel If we reject the flat green box reistance that’s 138 If we trend up to the downtrendinf reostance that is 139-139.20. For me a reclaim above 140...

Erictaylor

Rising wedge breakdown shortinf to 132. I entered yesteday at 146 with stoploss 149 I’m holding postioning unless we reclaim above 145 this idea will be broke. For now should downtrend to 132 area

Erictaylor

Falling wedge breakout and potentially flagging on top of the wedge as support confirming this breakout. Entry 29400 Stoploss 28,500 First take profit 32,400 Second take profit if we break and hold above 33k and hold is 37.5

Erictaylor

Since trend break occured we created a symtrical triangle below that broke down targeting 240 Tesla is almost as the first support area that seems to have the most confluence. Looking to see Tesla start to see buyers coming in here soon I’m looking at this 240 as a logically area for a bounce back up. Overall could start to look like a head and shoulders...

Erictaylor

So I was looking long unless we broke the flat support. Unfortuently we did end up breaking that 16 area and I did go short Howver was stopped into some profits. I am looking at this as overall a bullish setup still Howver it might just need a little more time to build. Right now it could Be building a falling Channel but we need to clear 1650 and hold up...

Erictaylor

This could be setting up for another big push. Yes it’s got a bit of a flat support at 16$ so we’ll have make sure Mara controls this. Key reistance is 17.50 so if we can clear and hold that, this should be gettinf prepared to move up. I’m long but I am willing to flip short if we lost flat support and flip to reistance.

Erictaylor

Setup a little bull trap on the intial pop to 46 area. Caught me up which I was in around 42 averge ended up having to close it. I started nibbling again today. This is getting extremely tight. Personally I’m still thinking upside. Bears had a few days of leverage and bulls are fighting strong Should see some pops up soon in my veiw. Once we clear 46 and hold...

Erictaylor

Although my last post was kind of bad timing, as I was expecting a move up from that support if 29,500 as it was a flat support and buyers were controlling it, until they stopped. Once they backed off, I did open a smaller short postion which was quickly stopped out within a day. It’s a choppy range in here which is tougher to trade so be patience. Howver as of...