QQQ is a strong sell. Thesis: QQQ has completed a 5 Wave Cycle and will now begin the correction phase. Big Tech is immensely overvalued here. QQQ's chart has setup an irregular correction which occurs after a 5 Wave Cycle. Irregular Corrections have a phenomenon called 'Double Retracement'. The first retrace is the extension of the 5th Wave and the second is...
NBEV is a buy. NBEV is in the midst of a strong 3rd Wave. Trade Pice: $4.68 The Trade: Monthly: Weekly: Will update. -AB
TLRY has completed Primary Wave 2 and is now beginning Primary Wave 3. Analysis Method: Fibonacci + Wave Theory Primary Wave 1 & 2: Primary Wave 1: Primary Wave 1 (Rounded): Sub-Waves: Wave 1 - 350% Wave 2 - (25%) Wave 3 - 75% Wave 4 - (23%) Wave 5 - 208% Primary Wave 2: Primary Correction (Rounded): Wave A - (67%) Wave B - 82% Wave C -...
BITFINEX:BCHUSD has completed Cycle Wave 2 and is beginning Cycle Wave 3 now! Wow, finally the correction is over! I have been tracking the Waves since the all-time high in December 2017. It has been pretty exhausting and was a LONG process. The good news is that we will rally from here till at least July 2019. Thanks for all the questions and for supporting the...
TSLA is a STRONG BUY. Thesis: TSLA has completed Cycle Waves 1, 2, 3, and 4. And, no car maker is even close to matching Tesla's ALL electric vehicle and fan base. It is time for TSLA to have a strong rally higher. Targets (Yellow Box): $386-$475 Will update. -AB
BITFINEX:BCHUSD is forming the apex of the leading diagnoal. This Idea is to track the price-action coming out of the the leading diagonal. For Further Analysis see related idea. Review: BITFINEX:BCHUSD 7.62% has been in a bear market since reaching an all-time high in December 2017 (273 days ago). 1. Primary Wave Sequence (Green) -Wave 1:...
TRON is a strong buy. I'm a Technician and only look at charts for my analysis. Analysis Method: Fibonacci & Elliot Waves Thesis: Healthcare is a fragmented market and will be consolidating over the next few years. Technically: Chart has just completed it's first Primary Wave Sequence + Correction. Here is a company overview: Toron Inc....
NASDAQ:SSC is a STRONG BUY Primary Wave 1 & 2 complete. Wave 3 looking to extend (breaking 1.618 level) Update to related idea. -AB
BITFINEX:BTCUSD is ready to rip. Analysis Method: Fibonacci + Elliot Wave Review: BTC has been in a bear market for 293 days since reaching an all-time high in December 2017. The correction was irregular and complex. Wave A came down in 3 sub-waves and Wave B went above Wave 5. Then, Wave C came down in 5 sub-waves to $6,000. Next, we had a quick 3 sub-wave...
BITFINEX:ETHUSD has bottomed and is building support to go higher. We are now beginning Primary Wave 1. ETH has been in a bear market correction since reaching highs in January 2018. ETH bottomed at approx. $167.00. Primary Wave 1 has completed sub-waves 1, 2, 3, and the 4th is ending now. Primary Wave 1 appears to be making a leading Diagonal Triangle....
BITFINEX:BCHUSD is finally beginning the extension of the 5th primary wave. Analysis Method: Fibonacci & Elliot Wave Review: BITFINEX:BCHUSD has been in a bear market since reaching an all-time high in December 2017 (273 days ago). Weekly Chart: 1. Primary Wave Sequence (Green) -Wave 1: +347.02% -Wave 3: +899.29% -Wave 5: +382.22% - 133 Days 2....
EC broke out today. We are seeing an extending 3rd Wave. Update to related idea. -AB
OTC:CVSI looks ready to begin its 3rd Wave (Primary). We are ending primary Wave 2. Wave 2 was a FLAT (3-3-5) Correction. Wave A came down in 3 sub-waves which signals a weak sell off. Wave B traveled back near the high and terminated at $6.24. Wave C needs to come down in 5 sub-waves which looks to be completed. Primary Wave 1 had extended 3 & 5th Sub-waves,...
REN looks ready to begin it's cycle 3rd wave. REN has completed lower degree waves 1, 2, 3, and 4. (Blue) Waves 1 and 3 were normal which hints to an extended 5th wave.(Blue) The 5th Wave has passed the .618 measure (0-3-4) Only concern I have is the Saudis who have the power to control the price of oil and Trump pressuring the Saudis to produce...
ENDP is breaking out NOW. 1HR: See related. -AB
BLRX had a strong rally today and it's just getting started. In the related idea my price target was $1.34. Today's high was $1.78 Check out the weekly chart: Photo Finish. $1.34 was 1.618 extension level from Waves 1 & 2. Since the price-action broke $1.34 we will have an extended 3rd wave. I expect a very strong rally tomorrow, I will update in the...
BLRX is in the middle of an extending 3rd wave. Target is $1.34. If BLRX crosses $1.34 which is likely I will hold and reassess the trade. -AB
BITFINEX:BTCUSD is ready to breakout. Cycle Wave 1 complete. Cycle Wave 2 ending. Cycle Wave 3 Beginning now... 40,000 FT VIEW: 1HR: