Zoom presented a convincing risk/reward scenario 1. Earnings Gap from August still unfilled 2. Completed ABC correction 3. 1:2.7 r/r - Earnings end of November. Currently long with SL @ 260
Massive bullish pennant formed over past 4 months on DENT. Breakout looks imminent and target looks set for major 2.3 cents resistance. +300% from here on an impulse move
Unusual double pattern 1. Inverse head and shoulders 2. Bullish Ascending triangle Likely to ride off of Bitcoin's momentum to $245
Cup and handle looks fully formed 1. Inflation ravaging the US economy 2. Historical Store of value 3. Money printing. Expectation is $2100 next leg up
I am long TSLA into earnings in 2 days' time. 1. Strong production and delivery numbers 2. New insurance product details 3. Bull pennant breakout
Expecting Netflix to post strong earnings after a couple of disappointing quarters. 1. New subs should be driven by the success of Squid Game 2. New content slate should support price towards 670 - 690 range.
Bullish pennant looks complete on the hourly. Waiting for breakout
Fuel crisis in UK giving rise to an inverse head and shoulders structure. Looks like BRB, Breakout, Retest and Bullish continuation
Seems we've bottomed in the descending channel and possible breakout coming through the weekend. Looks like 25%+ opportunity relatively low risk.
$COIN fib extensions Coinbase price targets into the crypto bull run Q4 '21 - Q1 '22. lower ones are more realistic, $1000+ is if $BTC goes 200k+
Gold with a long term cup and handle pointing to $2,200
at 9.45pm UTC, Cardano will undergo its Alonzo upgrade/hard fork. Price action is not particularly convincing ahead of this milestone. I see 2 possibilities 1. "Buy the Rumor Sell the News" - An ABC Correction taking us to around $1.90, or 2. Long the Bull Flag, and target weekly close above $3.20, and continuation to $4+. I'm leaning towards scenario 1 but...
This Tesla fractal suggests $1000 in 2022 - although this directly contradicts my estimation that January 2022 could present a top for the SPX500. I see 2 possible paths here: 1. Tesla has parabolic blow-off top in Q4 of 2021, and from Jan 2022 it leads/follows overall market weakness, or 2. Tesla fails to set new highs, has already peaked, won't reach US$1000...
Similar to my SPX500 idea, I think the fractal here looks remarkably similar to price action and we could be approaching the top in the DJIA. Suggested date
This fractal seems remarkably similar in structure to S&P price action in recent years. Should it continue to follow, we should see the top come in in January 2022 - suggesting one last blow-off top for stocks in Q4 of 2021.
This is how I see Litecoin playing out into October. Buy zone around $127
This is how I see Tron playing from now into Q4. Buy zone around 5cents
This is the pattern that I believe will play out on XRP over the next 5 weeks