META is pounding on a Golden Genesis fib at 489.06. Notice the bottom EXACTLY on a Golden fib at 87.47. Also see the peak at 198.47 and orbit around 309.57. It is PROBABLE that we orbit this fib a few times. It is POSSIBLE we have topped, at least temporarily. It is PLAUSIBLE that it breaks and pops to the next fib. Here is a full view and explantion of the...
ANF has been on a relentless bull run. It has obviously hit "a" top if not "the" top. Mapped are key areas of interest for entries. $ 111.65-112.64 is current support, should break. $ 103.14-103.14 is the minimum expected retrace. $ 91.53 - 92.54 is the 'Ideal" zone for long entries. Key is to observe price action at each fib for...
OSK just hit a double-fib at 125.42/52. Both are Golden ratios (.618 multiples). Could double top here or break and run. . "Double Top" as in the previous rejection exactly from this double fib: Perhaps not exactly a double top since it had gone higher, but a major barrier nonetheless. . If it breaks the $125 fibs, it could run to $143-145 very quickly: So...
ETSY is at a major support right now. Tight confluence of two major golden fibs. BEST chance for bulls to paint a bottom here. ========================================
SPX500 has just hit a massive resistance zone. Cluster includes Genesis, Covid, and other fibs. Expecting a reaction here, perhaps a local top? 5109 - 5166 is the exact zone of interest. 4896 - 4901 is the first good support below. 5429 - 5493 is next major resistance above. ==========================================
This is a follow up to my $1.375 Top Call (click). Retrace has painted a nice ABC corrective wave. The ratios and fib action suggest retrace is done. At the very least, we should get a decent bounce. $ 0.6033 - 0.6172 is the immediate support. $ 0.3954 - 0.4201 is the next major support. $ 0.8983 - 0.9076 is the first major resistance.
JPM is sitting on a Golden Genesis fib. Earnings to be reported today afterhours. Launch pad here? or fail and mark the top? $ 193.50 - 194.69 is the immediate support. $ 176.07 - 176.37 is first good support below. $ 206.20 - 207.37 first resistance just above. ========================================
Intel may now be the Dinosaur of the industry. Just hit a major support that bulls must hold. Expecting at least a small bounce if not bottom. $ 36.56 - 37.03 is the critical support to hold. $ 31.30 - 31.88 is the next strong support below. $ 41.08 - 41.24 is the minimum bounce needed. ===========================================
Quick post to alert of BOBA at a major fib.. Golden fib at $1.3111 is a major landmark. What happens here will offer some clues. It is PROBABLE that we get a pullback. It is POSSIBLE to break and retest to fly. It is PLAUSIBLE that we have "the top". ================================
Biotech is still near its Covid lows. This etf is about to test a key level. Expecting a bounce here, lets see. $ 87.87 - 88.99 is the immediate support. $ 79.23 - 80.50 is the next strongest support. $ 93.15 - 93.21 the first major resistance above. ===========================================
Quick post to alert of a key support right here. Golden fib at $5.76 would be a perfect bottom. If not bottom, then we need at least a bounce. ===========================================
Retail stocks have been flying to record highs. DKS is retesting a Major zone as possible support. Strong bull bounces here, or we risk much deeper. $ 212.03 - 210.66 is the strongest support for some distance. $ 238.70 - 242.55 is the nearest significant resistance above. $ 132.21 - 135.32 is next major support with minors...
Mapped are the key zones to watch. Currently at a MAJOR support zone. Expecting bounce, maybe the bottom. $ 62.34-64.03 is the immediate support. $ 42.00-44.01 is next major support below. $ 95.23-96.40 is the major resistance above. ======================================= .
GDDY at All Time Highs right up against a Golden Genesis fib. It has tested three times now, now looks likely to break out. I prefer a Break-n-Retest entry, others might take the break. Next fib is a big jump, so need ample fuel before attempting. It is PROBABLE that we break and retest a few times. It is POSSIBLE that we pullback from here to reload. It is...
LINK may have finished a 5-wave impulse wave around $20 The round number did try to reject, but we are back to it. So It does seem ready to extend wave 5 another leg to $23 =================================================== .
This is a followup to my Top Call (click) . ZRX topped at a Golden fib as posted above. We have now dropped to sister Golden below. This would be a good spot for bulls to step up. It is PROBABLE that we orbit this Golden for a while. It is POSSIBLE that we bounce here and resume uptrend. It is PLAUSIBLE that we break below and continue down. The velocity of...
Update to my posted call for 52.8k target and resistance (click). BTC hit the Golden Genesis fib at 52.8k and is staggering since. It still appears very bullish, but bulls are clearly struggling here. The longer it hovers below the major fib, higher risk of a drop. Golden fib at 52,838 is now reinforced by local fibs for stronger barrier. There is a new...
URI heads up at $675: major fib confluence, possible local top. The exact zone defined by the fib confluence is 671.30 - 677.71 Look for a pullback there, or a break and retest for continuation. Will post updates as price action hits key levels. =========================================================