NASDAQ:MRNA seems to have found its feet in wave 2. We should be now gearing up for wave 3, price action to get more promising upwards as we cross the diagonal resistance (red line). More on it: - iH&S shoulder also forming on weekly - While the monthly close of Jan wasn't promising, buyers stepped into Feb with a decent closure Disclaimer: This is not...
its a bullish trend and now we are at the 4th wave of Elliot its correcting then bulling again
FTM had great run up off the lows but has been sluggish and weak since. Perhaps can be viewed as consolidating/accumulation AM favoring 'the top' is close but also considering another leg higher might be in play after current pullback. We will have to wait and see how the current pullback plays out and see how markets behave over next few days/weeks. Opportunity...
The previous power earnings gap resulted in small consolidation and a wave upward. With another recent strong earnings followed by a small consolidation hints towards history repeating itself. This is a relatively safe mid-long term play. Best of luck!
Trading Pattern QQQ has formed an ascending channel which may prove to be very lucrative for derivative trading. Utilizing Elliott Impulse and Correction Waves within the support and resistance lines, Wave 4 may dip as low as $392 which is a few dollars shy of a 61.8% Fibonacci retracement level. Technical Indicators A bearish RSI divergence has been...
TREE was up huge from bottom, almost up 300%. A dip here would give us entry around low 20s Long around 22-24 Stop loss - 18 Target #1 - 50 Target #2 - 60 Target #3 - 80, after a pullback.
THETA been showing lotta strength still trading near the lows with great upside ROI it looks like its currently retesting the breakout with hidden bullish divergence on RSI
FLOKI is a popular meme coin and ecosystem. Don’t ask me why. I just read waves. Claimed to be 10x or 100x potential in 2024/25.
The expanding triangle on the fourth leg and demand around 0.38 makes me think this might be worth watching. After all time highs, we may observe profit taking in March and April. But we're also transiting into a Risk On environment and presidential election period may keep markets bullish with a relatively weak USD, in order to boost the labor market.
LADYCOIIN (MILADY10k) one of my favorite meme coins as you can see from my previous articles. I will not talk about why on this idea. However, prepare for a nice pullback. I am PRAYING for these levels 0006-0008. Will we get them? I think so. BTC has completed a 5 wave count, and we should see a retracement soon. SHORT term bearish on lady. LONG term BULLISH on...
I am now expecting that the 10Y yield to crash and thus the trade here will be to long ZN futures. Please note that what this implies is that rates are coming down and there will be a rotation from equities to fix income and that means equity markets WILL CRASH sooner rather than later.
NASDAQ:FTNT made a significant bottom recently on Feb 21 at $61. Great opportunity to add a tech stock to your portfolio.
Quant Quant and their Overledger are one of the biggest players in the blockchain world, however the majority are unaware of the importance this company and product have. The Quant price (using coin trader pro), is in my opinion, currently in a wave 4 contracting triangle. This means that we are about to enter a parabolic (5 wave) 5th wave. The only concern is...
In the 1W Timeframe, after exiting from the density and support in the green box, it currently has a suitable guard in view of Elliott's ascending wave 3 to continue the path, which will open the first red box in the first step, and if it fails, the ascending path will open for the next area. became. »»»«««»»»«««»»»««« Please support this idea with a LIKE and...
Using Elliot Wave theory, we’re able to see that VERA has been in wave 3 since November of 2023. This move became overdone in the last month when VERA blew past all analyst estimates (average price target in the high 20s). VERA seems to be following XBI lower in a short term correction that started at the end of Feb. More context on the theory behind the downtrend...
Porsche (PAH3): XETR:PAH3 Our analysis of Porsche Automobil Holding focuses on the stock's price movement since the lows during the COVID-19 crisis at 28.48 EUR. Since then, Wave (1) in blue has expanded to 102 EUR, currently serving as a local high. Subsequently, a remarkably unusual and complex Wave (2) has been observed, which appears atypical at first...
Using 2 Fibonacci extension levels, I have a convergence. Take note that price do not have to reach there. The current resistance seems good enough to start scaling in your short position.
Analyzing the wave count in red, it's evident that BankNifty is poised for its 5th wave within the 4th wave cycle. The chart reveals a wedge formation, with the 5th wave of the wedge nearing completion as indicated in orange. Considering this, I'm inclined towards initiating a short position at the wedge's apex, anticipating the forthcoming 5th wave of the major...