Barkworth

Barkworth

Extreme ranges here. Day traders paradise. These swings are 30% each way. So much profit, trading the range. Anyways, this looks like it is holding during the indices correcting. When indices bounce, we should see a nice rally.

Barkworth

Fiddly, but still valid.

Barkworth

Maybe... As long as the low in the red circle holds, this proposal is valid.

Barkworth

Ascending triangle forming. We need indices to bounce.

Barkworth

Up will release energy upward, down will release energy to the downside.

Barkworth

Stuck below the .618. Above will attempt to see $30 or $34.

Barkworth Updated 

For either proposed scenario, a bounce here at the golden pocket, would be essential.

Barkworth Updated 

Overvalued as can be, but brilliant marketing will always pump this one with the broader industry. I was looking for a pull back to go long, as I didn't have a position from before, apart from some gains from individual trades. I bought into weakness today, lets see what she can do for me.

Barkworth

I like how this looks. Holding into April. We'll see.

Barkworth Updated 

Two alternatives. Above $35, the red alternative is likely off the table, but headed into $50, this could still be a correction.

Barkworth

Looking for continuation to the red FIB targets. Above those, correction possibly over.

Barkworth

Breaking out of falling wedge. In theory, this correction is complete, so I am proposing minute 4 done here. We need confirmation, however, but considering the degree, we'll have to wait for that. Currently about to try at S1, likely turned resistance again?

Barkworth Updated 

Quick update to previous proposed dual count. Falling wedge in play, seems to favour the bull count. Not surprisingly, a break out here would target the proposed upper range.

Barkworth

Parabols tend to retrace 50%. I don't think markets can hold it back. I've been wrong before.

Barkworth Updated 

Wonderful retest at panic selling yesterday. Found demand exactly at the diagonal. That said, who remembers my bearish stance on $CGC, just 6 months ago, I predicted that we should wait for $CGC to dilute their float to raise cash. Yesterday announced issues of common shares to raise $2B. How will investors react? Their market cap is ridiculous, don't think they...

Barkworth

Looking like it is trying to form a top. Wave 5 still in progress.

Barkworth

We all know how to play this pattern.

Barkworth

Since yesterday, we can confirm a falling wedge.