Apologies for constant updates, but evolving data yields new insights. Very similar to my previous ideas, just some slight adjustments.
Unfortunately, restrictions on chart resolution for publishing ideas prevent me from showing the detail necessary to really see the remarkable similarity, so you might have to pull up todays chart with 1-minute candles to really see for yourself. Todays pattern from 11:30AM - 1:15PM EST is very nearly identical to the pattern from 10/9/2020 - 10/30/2020. I...
I didn't realize this when I published my last post, but a direct time-scale correlation between May and July actually looked a bit better for the last few trading sessions. This is purely for curiosities sake, but it would seem that the pattern of the last few days has distinct similarities to 5/20-24, and also 5/13-21, becoming a pattern within a pattern. I am...
Please take everything with a grain of salt, and do your own research, gather information from varied and reliable resources, and remember that "Confirmation Bias" is a BAD thing. It will make you poor. Also, I am not a financial professional. I am an individual who does some light trading, and I like to find patterns in data. This is more art than science....
Just noticed this. not sure if there is anything to it, maybe algo's on different rhythms? Just a crazy idea. Might be nice to see GME go up like this, peaking first week of August...
I believe others have posted similar insights, both here on Tradingview and also on Reddit. Can't recall if they agree or not. Anyhoo - Dark lines represent my best guess at corresponding terrain features. light lines represent possibilities for where we stand presently - Either we've hit bottom, or we have one more drop before we start to climb our way back up....
I know it sounds crazy, but I think GME's post-earnings drop went relativistic. That is to say, it seemed to affect quite a few stocks back in 2020, in multiple different sectors. Purely coincidence that these other stocks happened to be moving from the Russell 2000 to the Russell 1000 at the time. Also purely coincidence that the drops happened the same number...
This is primarily driven by this morning's volume. Today (June 22) seems to have the potential to repeat May 25. Would love to see that big volume spike in the Afternoon. Speaking of which... anyone else notice that historically, some of GME's spikes seem to pop off around 2-2:30PM EST? Specifically, spikes in both price and volume? Not all of them, of course,...
When earnings were announced a few days ago, and GME crashed like it does ... every. single. time. ...I had a look at past earnings drops to see just how far that predictability might be extended. Before I knew it, I was all the way back to 2007, and honestly, the resemblance is uncanny. I mean, it's almost like they're both long-lost twins. I wonder where these...
Even with earnings doing what they do best, it's hard not to see the repeat here. Looks like tomorrow might be September 17, 2020? If the next 5 months play out the same way, I sure wouldn't mind. I am going to try to cultivate my optimism: $400 by the end of next week. $700 if lucky.
Made a little bet with myself - thinking this will jump back up at 1:05 - 1:10PM EST, i.e. next 5 minutes. publishing to keep myself honest. Guessing it won't hit this mornings peak, maybe $320-$325.
Seems like a repeat of last week, but with a little more "oomph". Guessing this is why Mr. Gill tweeted the Groundhog Day reference....
This comparison popped out at me. Current trend seems to follow a similar pattern as September 2020. The lines are just there to draw attention to "critical" points - this is opinion/speculation, please don't take anything I say as gospel. If the trend continues to follow, I am expecting a short recovery to ~$280, then maybe a short dip back to $250, then a spike...
Some similarities, some differences. Let's see where it goes. Anyone remember what happens around 2:30 PM EST? (New York time zone)
I took another stab at revising this comparison, since it came up. Tough to set price targets since the price ranges do not correlate very precisely, but I am thinking between $350 and $700, if it does end up following this pattern. I added some potential dates of interest - sorry if they are hard to read, but wouldn't you know it, the peak is on the day of the...
I will politely disagree with Mr. Burry and others. It looks like Tesla is repeating the pattern it played out in summer 2020, and if it continues, could potentially hit +100% in <90 days. I might actually even say 60, but there may be another little bump to go, i.e. fake uptrend, retrace, then real uptrend. I estimate, however, that it's more likely we are...
Comparing similarities in charts between Dec 2020-Jan 2021, and Apr-May 2021. Red lines mark what I see as critical, odd, coincidences/ similarities. I've been doing this for a while and have not seen this to be a reliable/precise method of prediction, but every so often...... well, one can only hope. We all know what happened in January....... Purely opinion....
Interesting how the charts follow a very eerily similar pattern. Probably a good explanation for this in fractal/chaos theory, but I don't know enough to dig in. I marked critical points with purple lines. Will today's outcome predict the next few weeks? Constructive criticism appreciated.