TWTR has shown unusual strength in the recent tech selloff. Historically $26-28 has been a major support and provided buying opportunity. Looking to see how TWTR reacts around this level, could offer a good long opportunity. Market dependent.... crazy fkn market too...
Here's another bearish tech analysis. This one is brief. It's pretty clear what the setup is. Either we have a double top, or we drop from here. Either way, once we drop below the recent low of around 93.67, we will most likely head straight down towards my target at the red "X," between $50 and $57. That's the only support level we have below. What's pretty scary...
If you read my DJI analysis, you'll know that I am bearish on the stock market right now, but particularly tech stocks. I've been bearish since AAPL was trading at $230 and as soon as it hit the $1 Trillion market cap. There's just not enough However, the market is still showing signs that buyers haven't given up, and the majority still seems to be bullish, at...
XRP just completed a smaller impulse wave on the 15 min chart, leaving the prive above the downward slopping resistance (now support) line. This could be the start of the 5th wave of XRP we've been waiting for. Price targets 11400-12000 sats for this round. 16,300 sat target looks like a late Spring early summer target. (Bun in the oven)
NYSE:TWTR initiating with a STRONG SELL. Twitter looks to be collapsing... Twitter's chart is very similar to Oil... Oil is also experiencing Wave Failure... Oil/Twitter: Stock needs to clear and hold above the purple trend line to prevent wave failure. Near-Term Target = $18-$20 Time-frame estimate: 140 days Will update. -AB Visit related...
Initiating MSFT as a STRONG SELL. MSFT has just completed a Cycle Wave and is now beginning a corrective sequence. Wave Count: Cycle Wave: Impulse Waves: -Wave 1 and Wave 3 were normal waves. -Wave 5 extended. Corrective Waves: -Correction estimated to be greater than 27.61% and will last longer than 426 days Key levels: Current Wave...
Nasdaq loses 21%, Shenzhen down 25%
When breakdown happens everyone will see whats coming from underworld.. If some bigshort idea. this what it is.. Can this bubble get bigger ? Fed and its scheme operation can make bigger.. But not forever.. ...
2 previous down legs have been similar expecting a lower low by the end of the week
Targets - 30 / 35 / 40 / 45 Stop - 23
As described in my previous note on the S&P 500, there have been two major market corrections since the end of the Great Recession. They were periods of high volatility and a lot of repricing of stocks for 140 days or more. In both cases they started with: 1. A complete reset of the daily RSI ( Relative Strength Index below 20) 2. The S&P 500 holds below the...
NASDAQ:AAPL is starting to fail. Changing Apple to SELL instead of HOLD. Will update if I see a major change... Wave Failure: Target: $118
Who could believed that $NVDA price will be 50% from the TOP. We should all obey masters from GS. They said that Tech Stocks are too high.
chart notes above but it didn't hold the T-Line and has lost the momentum it had, I except this stock to come down lower short term.
Friends, as you can see from the linked ideas I have been able to use fib levels to good effect when predicting where price will go. Let's use them once more! As we can see, the Nasdaq (as well as several other indices including the all-important Russell 2000) have been bouncing off respective fib levels. Russell once again seems to say GO. This time, however, I...
AAPL has been a great money maker for me. The stock has continuously performed well. This is more of a question to those that study Elliott Wave Theory, than a prediction of future movement. I do believe Apple to be overbought recently, and I do see a dip in the future. I usually chart Fibonacci Patterns, and would expect to see a 38% minor profit taking like...
Bullish pennant, tk cross, and kumo twist. RSI is looking ready for an uptrend as well. price has confirmed uptrend by passing cloud. Buy some shares and watch it closely on larger time frames to ensure its good to hold
Bitcoin Cash is a partner with Bitmex in implicit or explicit way. As you know this coin is fork of Bitcoin which claiming that it is more faster than Bitcoin. The controversy is that Roger Ver and the whole Bitcoin Cash team is scamming the Cryptocurrency with this coin, with all of the shady actions that they've made. This rumour spread among crypto twitter OGs....