ETrades1

ETrades1 Updated 

Very well formed, 7 month long symmetrical triangle occurring at/above an upturning 200 week EMA, I'm watching this one closely

ETrades1

Using a VWAP anchored tp the Sep 2018 low, I see 2 pullbacks and subsequent prolonged rallies from the green VWAP line. I would not want to bet that this 3rd pullback will not produce a prolonged rally. Additionally FNV is down 36% peak to trough from the Aug 2020 high, the stock was down 37% peak to trough during the covid crash in March 2020. FNV is breaking the...

ETrades1

I think GRT is a good candidate for an ABC or AB=CD, which is just 1 leg higher a consolidation and then another leg higher of equal length. Descending triangle seems to be mature enough with 3 tops and 2 bottoms defining the structure, today's strength combined with the last 2 days also gives me confidence that GRT is much more likely to breakout here than to...

ETrades1

With $MO taking off recently, $IMBBY looks like a good sympathy play that hasn't had its run yet. Nothing complex here, breakout and retest of 4 year regression downtrend and now reclaiming of an upturning 200 day EMA

ETrades1

Top: $DMGGF Bottom: $GBTC Red horizontal line marks prior ATH in GBTC Blue vertical line marks the day GBTC closed above the prior ATH Pink vertical line marks the peak in DMGGF DMGGF moves later and peaks later, all gains occur within 4-5 days of GBTC making a new ATH, and a peak seems to occur when DMGGF has a big up day and GBTC trades sideways to...

ETrades1 Updated 

Recently this pattern has produced big gains with consistency, I've linked the similar ideas below

ETrades1

$EBON is a crypto related stock that hasn't gone parabolic yet, my main interest here is the expanding channel, seeing the first 2 advances, I am confident a 3rd will occur. The potential 3rd peak is equal distance between the first and second, so each parabolic top is 31 trading days apart, which puts the stock around $20 by the end of March 2021. I also think...

ETrades1

The log chart is the key to making sense of the bitcoin miners, both stocks are rebounding from their lower trendlines: on 3.5.21 DMGFF put in a massive hammer candle to close back above the trendline, while BTBT held the trendline almost exactly. I think both easily double in price from here. ***I own both DMGGF and BTBT stock***

ETrades1

I am proposing a leading diagonal (wave 1 & 4 overlapping) in a larger degree wave 1***. So if today's low holds, XLM should take on an even steeper angle upwards and accelerate into new highs. This being a crypto bull market, accelerating into new highs is not an especially bold call, but I think the structure of XLM is clear enough that Elliott wave is an...

ETrades1

I view the daily chart as the ideal buy opportunity for the potential weekly triangle breakout. The way I'm thinking about it, am I willing to risk 5% (stop below 7.70) below the backtest of a now 4x tested trendline for a potentially massive weekly triangle breakout? To me that seems like an attractive offer. The other option is take some/all profit at a retest...

ETrades1

$IMOS has closed above $24 for the last 12 weeks, so I would put a worst case stop just below $24 because that would disprove my buy thesis and I'd want to be out of the stock. I think half position stop at $25.3 and half position stop at just below $24 makes sense in this market and lowers max loss to 8%. The measured target is the range of base added to...

ETrades1

I believe the larger symmetrical pattern for $TRVN will play out and I think the stock is currently in the ideal buy area, which is the green highlighted area below the red downtrend of the triangle but above the blue curve. The current technical setup also gives you the option to use the blue curve, the orange trendline or green horizontal supports as your lines...

ETrades1 Updated 

I remain long from my last idea

ETrades1 Updated 

Here are 4 I think have big potential. Linked at the bottom is my idea of why I find these patterns attractive. They all show an ascending triangle or wedge, at least 2 visual 'loop' patterns, and are small/micro cap companies, in fact $AIHS and $SCKT are <$100 mil

ETrades1 Updated 

REITs are looking great, these are just 4 that caught my eye

ETrades1 Updated 

***Please refer to my prior DRNA idea linked at the bottom so you can see my macro perspective on the stock*** DRNA is continuing to consolidate within the larger wedge and is indeed showing greater respect for the aVWAP cluster. The first test on 1/6/21 was a wick through the aVWAPs, but these past 2 days, on the 2nd/3rd test, the stock made very strong...

ETrades1

Smaller version of the pattern in the center, now CPSS looks like it's going to fulfill the larger scale the right side of the inverse head & shoulders. Pretty cool chart in my opinion. Reminds me of my $DAO idea (linked at the bottom) where the right side of the pattern does indeed make a slingshot move higher

ETrades1

Coming out of the March 2020 low, the 200 day EMA support indicated a relative bottom before a breakout and continuation. With LTRX breaking out of the pennant after a 200 day EMA bounce, the idea is lightning will strike again