MSFT trade idea using simple harmonic patterns and confirmation with fibonacci levels. This trade idea only holds if the CD vector comes to fruition to the downside. At this point, D becomes valid for upside projections where two profit level zones are marked respectively.
BA: I have no positions in BA. I charted it last night as part of my studying. Today, after observing firm support at the 251.34 level, I readjusted my zones of expectation and shortened the projected vectors. Next stops if buyers hold are shown: 255.77 and north. This would also fill the D vector originally mapped out. KL's (key levels) are also zones of key fib...
RIOT New projections 3/18: With the movement of BTC and the integration of intangible assets in the financial system, RIOT is poised for the upside. Levels indicated are supply/demand zones where significant movements are observed for price action. Projections hold until max level (upper limit) is breached.
FCX: Revisiting metals and mining after yields were announced. Conviction still strong on the upside regarding EV thesis and plays associated with this sector. Channels provided to measure key levels of support and resistance x upside expectations. I am using the 50MA and 200MA as further evidence of confirmation/rejection on KL's.
MP: Long on the forward looking need for rare earth elements that MP produces; Primarily in EV, drones, defense systems, amongst others. Strong above the 50MA and 200MA; Positive performance for the Month: +40%, Quarter: +89%, 1/2Year: +250%. Earnings scheduled for March 18, 2021 after market close.
AUY: Quick Analysis on the 1D using moving averages. Other players in the field such have higher growth yields on balance sheet and upside momentum; Would like to see AUY capitalize on its current underground and open-pit mine projects that are "in the works" in order to re-establish higher price shelves.
RIOT: Honoring the consolidation on current price shelf. Squeeze on more acute time frames could show reestablishment >74.26 after testing KL of resistance of 73.30 ; < 70.28 could see a test of KL of support of 66.03. Will be interesting to see how price action develops after maintaining its current range and with the movement in BTC.
WOOF: Projecting key levels while the price is in the doghouse. Could it see an upside now? Q4 Earnings on February 22, 2021 before market open. KL's are contingent on observed moving averages.
Recent metrics: Performance Week -8.39%, Performance Month -9.41%
Using key Fib levels to confirm double top pattern in ENPH, a projected run back up to 196.77 could occur if it sustains support from critical moving averages (50, 200). 10-12 day out look could see ENPH replicating similar movement observed in the last week of January 2021 and beginning of February 2021. Key level is 203.63 as indicated by volume node.