ChartMeNot

ChartMeNot

Previous analysis was wrong (linked). Trying to follow @holeyprofit's analysis, targeting 560+, but currently there is a bearish gartley happening here. So... Looking for a hold around the .618 (440) and then breakout past the .786 (465) and on to the target. Notice the large bullish volume yesterday and today. So there's still some upside potential here.

ChartMeNot

Not happy I did not take profits on the fake rally 2 days ago, very low volume. Now that this stock has fallen, trying to learn my lesson: This was a 3 drives and the fall was down to precisely the line from peak #1 through bottom #2. Almost spooky how that happened. Now drawing fibs and I'm hoping it returns to fill the gap, to 69, back where the 1 hour VP says...

ChartMeNot

Broke out of rising wedge to the downside. Not financial advice in any way. I do not have a position in this stock, just calling it to see if I'm right later.

ChartMeNot

I have no idea what's going to happen to this stock but this chart is crazy. Is this normal? See previous chart on the 3 drives pattern.

ChartMeNot

Sure looks like a Gartley. We'll see what happens tomorrow. Also did you notice how flat the price has been for the last 2 days straight? Perhaps some pinning going on? If this harmonic fails, the rally is over.

ChartMeNot

Again I learned how bad I am at this. Missed the "wholesale" price @ 115. Essentially this was forming a base around 120. Now basically looking for this stock to break ATH decisively (128), retrace and hold there, and then go long.

ChartMeNot

I'm new to this game, despite having been in the market for 20+ years. This flag looks bullish to me, but it could go either way I think. Setting an alert, but not a stop, @ 115. Depending on what happens I will probably try to get out if it goes below that. Learning to not get stopped out by MM's who are trying to take my money. But don't want to lose capital either.

ChartMeNot

Unfortunately the bull case failed (support at 180) as bad news out of China is sending this stock to new 52-week lows in HK. So it will be a bit harder to get this train back on the tracks. This is one way. (Not even close to financial advice) Looking for "supply zone" in the 170-180 range. 170 is rock bottom covid crash March 2020, and has some fib...

ChartMeNot

Theoretically if ES holds above 4460 I guess it's time to be bullish. Not calling the top just yet, I already tried doing that twice...

ChartMeNot

Calling the top again. Like a true bear, I plan on calling the top 3 more times and then I'll be right and say "I told you so". Just kidding, a market crash would be painful, but healthy in the long run. "So now faith, hope, and love abide, these three; but the greatest of these is love." - 1 Corinthians 13:13

ChartMeNot

The declining volume in this wedge looks bullish. Nonetheless I will wait to see what happens, it could break downward and fill that gap @185-190.

ChartMeNot

I'm sure a bull case is just as likely as a bear case, but we'll find out which in the next few days.

ChartMeNot

Hoping PHR holds around 64 and fills the gap @ 76 from February. This would be a gain of 18% and possibly wave 1 of a new cycle upwards. Stop loss @ 61.

ChartMeNot

I had to research what exactly the .886 is. It's the square root of .786, which itself is the square root of .618, which is the reciprocal of the golden ratio, 1/phi. Remember: The lot is cast into the lap; but the whole disposing thereof is of the LORD. - Proverbs 16:33 The heavens declare the glory of God; and the firmament sheweth his handywork. - Psalm...

ChartMeNot

Looking to buy calls after earnings, but this one might get away from me. Going long anywhere in the 185 range. Targeting at least 230 but the sky's the limit here.

ChartMeNot

I'm trying to learn my lesson here, it's ok to miss trades. There will always be more. Going long at 160, not 180. After earnings, not before. Will it work?

ChartMeNot

I've been following this stock way too much. Great fundamentals, growth, leadership, they are buying back stock... but somehow they've broken the $25 support (maybe they ran out of money to buy back?). At least it looks like that to me. No matter how I slice it I'm having trouble making a bullish case in the short term. However I'm still targeting $28 in the near...