The general thought is this is the fifth wave of a corrective (Upward trending) sequence. Ideally, $GUSH returns to 91/s as a target w/ again (something I hate) an undefined time range: Play it w/ a position swapping; I advise skipping any additional options contracts you may otherwise have tacked on. Thrive.
-BDR
Looks like leading diagonal forming here. would expect a strong bounce off .32c if this chart is correct and we get 1 more dip. Will be going live in the group and reviewing this chart tonight.
Idea for BVOL24H:
- BVOL is like the VIX for Bitcoin.
- BVOL Wave 5 target 30+.
- Likely move is Down: Complacency Phase -> Anxiety Phase.
- Short Bitcoin
GLHF
- DPT
Idea for Gamestop:
- GME broke out of a Trend Bull Flag and is in a a Trend Cup & Handle.
- Not to be outdone by AMC, GME should see a very similar performance.
- MM spread will soon be broken and they will soon be deep underwater.
- Time frame of Wave 3 is this summer and Wave 5 should be EOY.
- Long term log trend:
TP1: 600
TP2: 1000
TP3: 2000
PT: 5600
GLHF
- DPT
Here is my continuation analysis of GBPUSD. Last week GBPUSD was unable to maintain moving inside the 4H channel uptrend. After breaking below that uptrend channel I recalculated again the waves count. I found that GBPUSD last week completed the ending diagonal channel. With that said, I believe GBPUSD still has pressure to go to the downside for doing some...
Idea for Lumber:
- Lumber has a good short setup.
- By Elliot Wave Theory, correction needs another wave down.
- Possible continuation on downtrend, if Wyckoff Distribution is confirmed.
TP1: 1100
PT: 400
GLHF
- DPT
Idea for Bitcoin:
- I am shorting Bitcoin shorts.
- BTC shorts have clearly made 5 impulse waves and momentum has faded.
- BTC longs are rising after major stopping volume on BTCUSD at 43k.
- Bottom shorters are trapped and their liquidations begin at 52k.
- Bitcoin will continue the down trend as fast as the short squeezing will allow!
BTC longs:
GLHF
- DPT
Sentiment Sunday:
- Eyes are on gold this week, gold bugs are buzzing about a possible explosive breakout.
- Rising material costs signaling consumer inflation, yet Fed's monetary inflation model has not indicated inflation yet.
- Mixed sentiment, as Fed is likely to maintain dovish monetary policies.
- Energy, Industrials, and Industrial/Capital Goods-related...
Technical Tuesday:
Technical reasons to be short Canadian REITs (XRE):
Mid Term (Trend):
- Median Line with 80% chance to return to median line, once re-enters channel (Andrews)
- Rising Wedge
Short Term (Trade):
- Exhaustion Gap (x2)
- Double Top
- Dark Cloud Cover
Speculated movement within John Hill-Gann.
Elliot Wave Projection forecasted.
GLHF
- DPT
Idea for Nokia:
- LLR Elliot Wave determined for a speculated bullish rally.
- Double Bottom/Wyckoff Spring setup.
- ADX and trend showing strength, almost enough to confirm non-noise relevance:
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions...
Idea for Gamestop Corporation:
- Gamestop earnings are approaching!
Speculation: Gamestop will rise to $2000+ USD, causing liquidation crisis fears in the 1.5 quadrillion USD derivatives overhang, and Congress will announce that foreign investors such as the CIC have purchased Gamestop shares as an act of economic warfare through BlackRock to engineer a...
Algorithm has given entry signals for Darkpulse
- Darkpulse is an under the radar, future potential tech disruptor and monopoly.
- We believe that Darkpulse shares many similarities with Palantir, and will see similar outsized moves.
- Darkpulse will see incredible benefits from the coming infrastructure, tech, energy, defensives boom cycles.
- Potential...
Idea for Ford Motor Company:
- We believe that a macro turn is here.
- As the global economy moves toward Stagflation, and perhaps Deflation, investors will decrease their risk appetite appropriate for a Goldilocks economy, and will rotate from Momentum and Consumer Discretionary stocks to Quality, Consumer Staples, Utilities, Dividend Yields, and Defensives...
Chart says it all
Got some nice impulse waves forming on gold since the 1677 low, they are lining up incredibly well with Fibonacci levels also.
Check white line for smaller cycle waves. 1-5 impulse - ABC corrective
Wave 5 seems guaranteed from here imo target minor resistance shown by yellow top line
my ideas are not gospel, don't trade them
universal...
Model EW Forecast for Ethereum:
- We expect a macro turn in the nearest future, if it has not already begun.
- We expect risk appetite to decrease substantially for cryptocurrencies.
- Bitcoin has begun a clear downtrend, with a high volatility sell-off.
- Technically at the top of a head and shoulders pattern at the end of wave 5.
GLHF,
DPT
Disclaimer:
We...
Model Forecast for Galaxy Resources Ltd:
- Model has produced Line of Least Resistance Elliot Wave for GXY.
- Cup and Handle breakout.
- Galaxy Resources is a leading producer and developer of lithium.
- We are bullish on commodities, especially metals.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not...
