QNC just broke out. I got in at 0.06. Target is on the chart
BB has brokeout from that last high from 2 days ago. The volume is good, RS and RSI are up. My target is 18.17 where I believe it will meet some resistance.
ACDC broke out today. Volume is up as well as RS and RSI100 and the close price is above the POC (horizontal red line). I got in at 0.24 with a target at 0.42. Something to watch will be 0.3 which represent the highest point of the last rally and a 0.5 FIB multiplier. If it shows sign of weakness at 0.3, I might sell and wait for another break above before to get back in.
RS and RSI100 are improving and today we had a good run up on increased volume. I'm waiting for a break above 0.05 before to jump in. I see 2 possible target: 0.07 and 0.08. I might just chose the more conservative.
SVA brokeout late today. Both RS and RSI are high and on the rise. The breakout happened on good volume. I’ll be buying tomorrow at the opening. I’m unsure where to put my target though. If I use the length of the last rally since the last breakout, that gives a target at 1.00 (a 34.98% gain).If I use a Fib multiplier of 1, that gives a target at 0.91 (a 22.73%...
YNV just broke out with good volume plus both RSI and RS on the positive side and rising. I got in at 1.99 and will aim for 1.25.
20 MA crossed over few days ago Volume went down as the pennant formed and today we are closing with a nice breakout on high volume The MFI indicator is above support and MACD is on the rise. I'll open a position tomorrow morning first hour. My price target is at about 1.4
Cup and handle with very probable breakout. MFI and MACD on the rise. Descending volume during through the handle. Attractive price target.
I believe AND is at the beginning of wave 5. The green circle shows where I think it will reach. This target is where A support and a resistance line crosses (blue lines). It’s alligned with the top of a channel formed by tracing a line between the bottom of wave 2 and 4 and then tracing a parallel line at the top of wave 3 (the 2 black lines). It’s a channel...
It tried to break through resistance 6 times over the last few months. It did break though in August but it didn't on the MFI. This time and for the first time since July, we can see a breakout on the MFI, suggesting the price might break resistance too. I'll wait for a close above resistance before to buy.
This one is so new and has been so volatile, I’ll want a retest before to jump in but right now it looks promissing.
To me, this looks like the begining of the 5th impulse wave. I believe it can land somewhere in that box (if it doesn’t stop at 80). Any thoughts?
I believe the C wave of a zigzag correction has ended earlier this week and that we’re now at the top of wave 1 of a new motive wave. If so, I plan to go long when it breaks above the top of wave 1 and resistance. Any ideas, comment are welcome I’m learning so please, take this with a grain of salt
To me, it. Looks like the down trend has ended. MFI is on the rise and has broken resistance. Vwmacd crossed up. Price broke above resistance. What do you think?
According to my Elliott wave count, the zigzag correction has ended. For safety, I’ll wait until it breake above 41 before to go long. I’m learning and post this for comments/feedbacks. So please don’t trade based on this.
I post this for feedbacks. Pls don’t trade based on it Descending diagonal after a 5 waves impulse. The current correction went down to roughly 0.618 the length of the last wave. We are now sitting on some good resistance. If I knew better, I would say the market is about to go up again. Any thought, comments?
If I got this right, a 5th wave should be just around the corner. I would appreciate comments about this wave count (I’m learning). Pls do not trade based on this