I'm looking to get into SAND December calls. ~Gold Is looking really good and going off of past history, end of November is a big run for gold and silver. ~SAND has a nice looking inverse Head and shoulders going on. ~SAND also bounced off of the long term support 8 Bucks is my PT, as that will have the most resistance. I will also be watching if it breaks out...
PayPal looks to be finishing up a regular flat for the corrective wave 4. They report earnings on 11/8 AH. Things to note: - Sitting on diagonal support - Completing corrective wave 4 - Daily RSI showing a lower low (Seller Exhaust) - Daily chart showing higher low/double bottom forming - Possible hidden bullish divergence forming (Signals Continuation)
After an INSANE run today, Nvidia looks like it needs to cool down a bit. Going long at this region presents a lower risk/reward than I'd ideally like to take. Things to note are the extended MACD and 2.618% fib extension to potentially conclude wave 3. Pullback into $255-270s would be ideal to build a base for the 5th wave higher!
Google gifting us with a new ATH today. All eyes on the previous ATH level of $2973. Need a daily close over this key level to confirm continuation towards my wave 3 target of $3032!
Almost at the wave 3 target, upside limited in my opinion. Wait for the wave 4 dip. It will be a gift in the market. Thank me later.
All targets HIT and gap nearly filled after a monster move from earnings! Idea was shared when QCOM was trading at just $130 resulting in over 20% move in equity. Congrats if anyone played this one!!
AMD moving up VERY nicely since my entry yesterday! Let's tap that target zone.
NYSE:AER Academy Sports and Outdoors has a really bullish chart and overall has gained massively. Not sure what's going with the fundamentals but the chart looks really crazy.
Adjusted my AMD count and this one makes more sense to me now. Looks like a larger nested 1-2 count instead of a 3-4 from the falling wedge area. This makes the count much more bullish and aligns a bit better with current price action. As long as $118 low holds, I expect $146 target.
This one has LOTS of work to do and MANY hurdles to get through... but if the $6 low holds, I see $69 first.
Limited upside left on this wave 3. Wave 4 pullback to retest the breakout will be a GIFT. Targeting $2555 from there.
It's probably nothing right...? Looking for retest and hold of breakout to confirm higher!
Looks like we have a bit more consolidation to do inside of the wedge... Only a matter of time before we see a nice breakout.
NASDAQ:OSTK This stock came up on my option scanner and I have to say that I totally agree. This thing could just be getting started. I looked back to see how price reacted at this level when the above indicator was this far extended. We got some pretty nice gains, most notably the first. PT $125?
We entered long on $WKHS today... let's see how it pans out!
Nice inverse head and shoulders forming on the daily. MACD also looks like it wants to flip too. One thing to note is the potential rising wedge pattern forming after quite a large drop. (bearish) Must wait for confirmation before considering an entry.
Make or break level for Roku here. We must see a strong bounce this week ($25+ bounce) or else it looks quite rough for the outlook of this one...
Didn't have time to do a full Elliot Wave Theory analysis on this one, I apologize for that. However, very clear supply/demand zones labeled, while trading within a wedge. Extremely attractive bullish inverse head & shoulders shown on the chart, looking to potentially confirm and breakout early in the week. The only thing holding me back from this is the fact...