PFE Pfizer on the 8hr Popping the cloud.So I have been blending a lot of my styles together and recently i have had a lot of success with the 4 hr Chart using the cloud. When I remembered that I use to trade multiple timeframes because they repeat the same pattern on each time frame. So if that was the case I should be able to find a 8 hour chart where PFE is popping the cloud since the 4hr had already popped the cloud days ago. So I pulled up the 8hr and it was sitting in the cloud about to pop. It just popped the cloud and now is coming back down to find support before breaking out to go for a new high. Resistance is at 43.70. Once it gathers up enough shares to control the float it will clear this area.
The white line is actually the copy of the same move on the 4hr chart. I copied and pasted it on the 8 hr so I can get the exact same path the 4hr took on the 8hr chart.
by iCantw84it
11.01.2021
Algokeycode
EBON PLTR BLU CPNG LUL ASML GVP REDU SMH Cloud Poppingwww.tradingview.com
This is my Watch List for all the stocks in my 200 list that are popping the cloud. Red Flag means already has a green Candle and either ready to go or watiing for a solid green candle with no wick to signal your in. No flag means red or in the cloud and waiting for Green Candle No Wick to close outside of the cloud to signal. These are all good for a 1:1 or 2:1 Position based off the last node or if you cant find that...the bottom of the cloud as a stop loss. Some of these will follow a 45 degree angle up over a week or more time frame....If you want to take out profits and leave runners on these that would be a good way to make sure you dont leave anything on the table. I would also look at other stocks in the sector of whatever one you take interest in. if you see it doing the same move and going up in a 45 degree angle then this stock most likely might be following suit.
I am not a financial advisor do not blindly jump in on any of my trades without doing your own DD. This method is using a cloud I custom set the parameters to and piggy backing that off Wyckoff Method as this would be the last dip into liquidity or the first push after the spring (Accumulation or Absorption of the float) Also the Curve which would be (the spring or Launch) and the Key algo which is the path drawn in white.
by iCantw84it
10.23.2021
ETCUSD by request repeating bounce off support b4 breaking HiLook for this to come down and recheck the support before it goes up to break the previous High. Also called Re-accumulation. If you look back its repeating this move over and over....sometimes support doesnt hold and it comes back down to the last level of support and starts over. So make sure its following the right path. You can also use the same VWAP I am using in the image and when the first green candle closes above the cloud after the dip.......Thats your trigger to get in. Again Im not a financial advisor do not follow my trades blindly do your own DD. but this is what I see.
iCantw84it
HOG Harley Davidson repeating same move from April 2020Enter and Exit are on the chart. Repeating same move from back in April 2020/ Should be on autopilot. I'm expecting a drop first thing in the morning hopefully that will get me in the money for the out of the money price and Should see it bounce from there. Falling wedge except each of these dips before it goes up. Nothing serious just back to the lowest candle in wedge break out.
07.26.2021
KODK popped 3 other times off the same exact AlgoKeyCode....KODK has one of the most unique price actions I have seen where it repeats this falling wedge and jumps back up to the top of its pattern which in most cases is about double. This happens almost every two months on the nose....so why not one more time. We have the falling wedge. There is a break out. There is also support found already after the break out. Now we need to see if there is a draw back to the base before launching or the stop midway and take off from there. I noticed when looking at the other breakouts, that the ones that looked like the trend line was falling down it would go to the bottom of the wedges low before bouncing out. However, the ones that looked like its trend line was moving up going out of the key code, they stopped midway and took off from there. Which is where we are right now with an ascending trend line.
by iCantw84it
07.26.2021
DOW Jones Industrial Index overall market estimateJust did the algo key code to get an overall market estimate on how it should move over the next week. based off the last 3 moves like this....They all came down to find support on the bottom BB and bounced up to a 45 degree climb up the upper BB. The path shows the overall direction from the last previous move. if it breaks the bath. Imagine it will most likely start the same move it did in the algo key code before going up again.
by iCantw84it
07.25.2021
GRPUSD Correction down then a pop back up to current priceUsed the Algo Key Code and on the Daily there is DIvergence. Anytime there is divergence price can actually drop down make a U shap in price action then pop up to fullfill the divergence. So thats what this looks like its doing on the 15 min time frame. The Daily is showing it will go to $1.39 I wouldnt bet the farm on it. but maybe the pig.
by iCantw84it
07.24.2021
BTCUSD in route to $36K but first it might take a dip here.BTCUSD two divergence levels have been hit, the last 2 times it made this move they both dipped right here before going higher. I would be careful. Im not for or against btc I just share what the charts are showing me. I do have a divergence line that says this goes to 36k + but I also have paths that say this takes a dip first.the conservative dip is to $ 30k. However this could be a pivot point and it can break out of this path and use it as support versus resistance which would solidify its path to 36k and up.
by iCantw84it
07.24.2021
GME Using Algo KeyCode I have two pathsIronically they are opposing each other. So Its the same advice I always give. wait for price action to decide which path it will follow when you see it respecting one of the trendlines. Its most likely going to follow that trend line. right now they both share the space that is coming out of the keycode. Its on an hour long chart so just keep checking it until it produces something that lines up with what you found on your own DD.
by iCantw84it
07.20.2021
DKNG Are we starting to see the 10x advertising budget show?This is like a tiking time bomb waiting to explode in a good way. They stated at the begining of the year that it would be in their best interest to increase their advertising budget 10 fold. It was an obscene amount of money I want to say close to 50Million? I could be off by a 0 here or there. but the end result is based off increasing the advertising budget 10x we should see an increase to profits equal to. With covid and gambling going up in general....this should be an easy win win.
by iCantw84it
07.20.2021
ATVI Blizzard looking strong through the last half of the year. With the christmas season coming naturally gaming tends to pickup even more and should expect the numbers to show in Blizzard. WOW isnt there only game and they have had a talent for making money in this sector for a long time. I used the algo key code on this. and Also marked where Absorption was attempted to be made. Most likely should start pumping at this point.
by iCantw84it
07.20.2021
BA Boeing Looks like it might actually surface above the clouds.Looks like a good place to get in on BA it has seen some pretty rough days here latley. It just hit absorption or atleast attempted to so we should see 3 bounces off of that and then volume should start to decrease as price increases.
by iCantw84it
07.20.2021
PLTR go Boom!Look at the afterhour trading on this....Clearly can see which path this is going to take. Lets go!
by iCantw84it
07.19.2021
AMZN about to take a short trip to the Bottom BBOf course anything with AMZN is never really small so a short trip down can be something like $400 but if you are playing AMZN you realize that. Just be careful on this as it needs to come down to really go up in a big way. So I would be looking for a drop here soon then a launch for a new Higher High.
by iCantw84it
07.02.2021
RYCEY Rolls Royce is $1.40! I had no idea, this is what I found.This is Part 1 of a 2 Part Post. This post will show the move in the past that I found. Jan 20 2009 on a weekly chart. If you follow me you know I make a living off finding correlations just like this. I charted this by request and I was amazed at the price but also of what I saw. The chart has annotations on it. So you can read it there.
That said I was trying to find something that mad sense on the Daily and it looked like hell.....So I switched to the Weekly and I found this. A move that is repeating itself back from Jan 20 2009 matches the move we are on right now.
Idk about everyone else but this is how I make a living. I find moves that correlate with other moves from the past. They stand out like sore thumbs it normally doesn't take that long to find a repeating move but I will say this stock had me looking for a good 15 mins.
I dont use indicators, I just use pure price action. I was in on HD last move up, RRR, SPCE, ET & ENBL, CWK, PLTR, CLNE, ACM, and CPNG to name the last few I was in on. Some I find the day before and most I find about a week before.
Anyways, I had been wanting to get in on a stock to actually hold and I was going to buy PLTR to hold and then I charted this and lets face it....No one is letting Rolls Royce fall off the map, hell i just read they are about to break even and have cash in hand by mid year of 2021....so like now. They just signed a deal with SPCE to help make their propulsion engines. SPCE was down today but I bet we see some movement when its starting to pump again. Anyways I know a lot of you have been on this thing for a while. I am no one don't take financial advice from me. I hit my head and now I see things. But I did pick up my first 1000 shares of this stock and just wanted to share what I saw.
if you invest in Doge or any other Crypto, this stock is as cheap as lot of those, however this stock has real value. They make Jet Engines and those fancy cars you rarely ever see but when you do you cant do anything but stare....This is a real investment at a really Cheap Price its so undervalued go look up top 5 companies that produce jet engines. Or go look up the cheapest Auto maker and compare their stock price to this. The potential is so Huge I have no idea how this stock got to this price but the first thing I thought of was after the bubble popped and all those name brands were at a discount like Bank of America, Ford , GM etc....people who bought up those stocks made a killing and are rich. Because they bought the stock when no one else held.
Rolls Royce is ICONIC. Think about it. Its heavily backed and used by the UK. Do we really think the UK will let the most iconic vehicle maker in their country go belly up? Not only that SPCE is easily in the top 5 Aerospace companies in the world. They just signed a deal with them. The amount of cash on hand is about to increase dramatically because RYCEY has been working at getting rid of their Debt. The next announcement from them is due AUG 3.
All these things laid out will add up to making this move up. Its following the same move it did in Jan 20 2009 to crawl up off the bottom back then, right now. The time is now. Its going to happen. And when its all said and done I will have at least 1000 shares of it.
I know I have been a little quiet on here for the past month. However, when I saw this I couldnt stay quiet. You might not want to watch me because im not some idiot screaming hold GameStop when its $350/per share....but thats ok....Because if you think its worth that go walk in one of their stores. Im embarrassed by the amount of trash that is trading these days... and I am not saying dont trade it. Hell a dollar is a dollar. but if you follow someone who is screaming HOLD HOLD HOLD on something as garbage as Gamestop at a price that is 50-100 times greater than its true value...it might be why you are part of the 98% of traders that don't make money. Thats my rant. Like it dont like it at least I give you solid info on plays that you can make money on for free.
by iCantw84it
06.29.2021
SPY I spy a New High for SPY
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.14.2021