Blackstone looks to be coming out of its correction from $101. I will be watching the $149 level- if we can break above that I am looking at 1.38 retracement - $167.79.
Here is my preferred count on Upstart, however, where Wave 4 of C ends is harder to predict, anywhere from $280-336.
Another pattern to consider is the 20 MA has been a strong buy indicator, so I will be watching that level of $332.
Activision shares have been consolidating in range bound area since February, undergoing a larger, Wave 2 correction. I am seeing a cup and handle formation leading ATVI back to it a immediate 100 day MA retracement, followed by a continued move higher. Wave 3 started at $90.13 and is looking to retrace to $110 by end of August. A high conviction idea I have been...
This upcoming week, I expect Fed meeting(s) to put short term selling pressure on Google, driving us down to 50-day moving average of $1,982.
At $1,982, I will increase my long exposure and see if it holds before adding calls. I recommend being cautious, as trigger limits could drop this to next support around $1,920 levels, where I believe it is a high...
