Alienworkshop

Alienworkshop

Previous TA suggested a HnS, invalidated by a slumping right shoulder. But still expected this to drop to these levels, Nearing bottom of channel, hourly stochs Over Sold and rebounding. Falling Wedge Top Trend Line still holding resistance. Expecting a bounce in the coming weeks. ANY Stim or Vaccine news and the NFL will blow up, not too mention college ball is...

Alienworkshop

Looking like the start of the collapse on PTON here, now of course its "Head n Shoulders" but we got an exercise bike, so of course this guy is gunna be bulked up with some nice shoulders with some firms trapezoids, am i right? those traps would equate to the buying power of the dips and the triple entendre a literally bull trap waving the red cape, but this guy...

Alienworkshop

Straight forward here, this has been ON FIRE, just blowing it out the water, I picture everyone and their mother in an NYC Condo/apartment has had one purchased for them by their rich yuppie husband to stay fit and they get in on it too. While the man buys the stock and the wife gets the bike. But lets see... PTON has now surpassed it 1.618 ext on W3 and pushing...

Alienworkshop

I think this is as clear as day.... the community within and behind draft kings loves buying this guy, its been an absolute beast to watch. Despite the COVID NFL problems, anyone who believes in this stock is likely buying the dips here. We've also now more NFL throughout the week which is more exposure to gambling and steady viewership. The hourly Stochastics are...

Alienworkshop

Posting again, I've been playing with curved channels trying to see how many taps the trends get on each line and see how "tense" the bends get and how they launch, break, or snap the price in any direction. Here we see the initial rally post Covid correction I have 1 50 EMA (green) and a 50 MA(red) to try and create a clearer signal for shorter term bullish...

Alienworkshop

Follow Up on Long Term Trend Lines - showing a curved channel funneling the trend, Recently rejected at 168 levels of bottom trend line (pink), but breaking out regardless, strong support on historical bottoms (blue) would be surprised if we don't see 190 test before Oct 10th, expecting 170 this week, with regular retests as it gains strength through 180 - 190...

Alienworkshop

Long Term Trend Lines Even recent low of 152 held this line before bouncing up to the potential breakout we may see in the coming weeks. will post following chart with closer look and a curved funnel channel that should indicate a strong move upward in the coming months given the technical set-up - that is always susceptible to external market and societal factors...

Alienworkshop Updated 

Updating the Wyckoff Accumulation theory on BA again, I felt the spring didn't hit the right levels on my previous chart. Now more than ever BA may be hitting its accumulated bottom. At this point I cant imagine who is selling, it should be a beast come November or when the 737's and the lot of MAX's get recertified to take the skies. all you can do is buy time on...

Alienworkshop

Came across this concept recently and though I'd give it a try myself. BA has been good if you knew when to sell but a hell of a hold on stock and options October and further out as of late. Chart is from Early June to current date. I would prefer the Spring to happen earlier, however, given market sentiments this concept seems to be on point for how BA will play...