Back in June, we wanted to prove to our members how the Elliott Wave Theory, when used correctly, can help traders narrow down the probabilities of price movements for any financial asset, allowing them to foresee what other traders can't. As an example, we applied the theory to the NETFLIX (NASDAQ:NFLX) chart to show our members how its price would likely behave...
53 IS A MUST HOLD LEVEL. IF 53 BREAKS NKLA CAN DROP BACK TO 39. TRADE IDEA: UNDER 39 45P 7/11 **NKLA PREMIUMS ARE VERY HIGH. I WOULD RATHER JUST BUY/SHORT STOCK IN THIS.
GOOGL NEEDS OVER 1475 TO MAKE A MOVE TOWARDS 1500. TRADE IDEA: 1500C 7/10 IF GOOGL FAILS AT 1475 IT CAN MOVE TO 1449, 1436. TRADE IDEA: 1450P
IF NFLX CAN HOLD OVER 474, IT CAN MAKE A MOVE HIGHER TOWARDS 500. TRADE IDEA: 500C 7/10 IF NFLX BREAKS UNDER 474, IT CAN FALL IT 459, 453. TRADE IDEA: 450P
NFLX (Netflix) is developing a potential Head & Shoulders price pattern, on the daily chart. Neckline Support in red is approximately $405 to $408 range. Downside breakdown target would be -13%, or approximately $355 range. If the H&S fails, NFLX would need to breakout above $444 and $459 to continue the uptrend.
Weekly Chart 3 Bar Bullish Momentum Daily Chart Ascending Wedge Bullish Breakout Bearish Divergence (MACD Hist, Stoch, Diosc) Pullback to ~474.01 expected before Bullish Continuation 30min Chart Descending Triangle Retest of Ascending Triangle Breakout Line Bullish Divergence (MACD Hist, CCI, Stoch, CMF, MFI) Loss of Bearish Momentum
Called this on the group chat at about 400, and the gaol is 495, its almost hit already and will soon go back down to the bottom of support retest and hopefully bounce back up and easily hit my target of 495 If youd like to join the paid group chat just DM me, and we can bank together with more opportunity to bank. Questions just DM me
Hi, Strong support 330 - 375. Technical criteria: 1) The trendline since 2016 2) 2018/2019 resistance become support 3) Weekly EMA 100 (blue) 4) Weekly EMA 200 (red) Regards, Vaido
GOOGL NEEDS TO CLOSE OVER 1475 TO GET TO 1500 NEXT. OVER 1500 CAN SEE 1519, 1526.
Strong daily pattern. Might pull back if there is no green candle tomorrow.
afler all i notice on the chart my probability the trend going down
AMZN LOOKED GOOD ALL DAY TODAY. SEE IF IT CAN CONTINUE A MOVE HIGHER. TRADE IDEA: 2800C, 2820C ADP NONFARM EMPLOYMENT MONTHLY REPORT WILL BE RELEASED AT 8:15AM ON WEDNESDAY. ISM MANUFACTURING PMI WILL BE RELEASED AT 10EST
I WOULD GO LONG OVER 250 FOR A MOVE UP TO 252, 254.5, 259. TRADE IDEA: 252.5C