MarketMotion

MarketMotion

Needs more time but love some 2023 Puts on this one. Feb 2022 is Apex of this diamond and we already have 5 waves up here. Just a matter of time.

MarketMotion

Opened a 1/3rd position at $14 today. Plan is to add at $12.10 and $11.05 if given for my other two bullets. Price target is $20-$21 with a SL at $9.75

MarketMotion

See chart attached and yellow line being you major pivot point for waves higher in the count. Break above and any pullback will need to stay above to move into upper red boxes.

MarketMotion

See chart - Follow the curve until broken. ATH's by January 2022

MarketMotion

See chart - FB either does a 5 wave up towards 400-402 or we breakdown from this bull flag towards green box below where I would be a buyer. Watching.

MarketMotion

See chart as I expect PLTR to catch up with Unity. Back to ATH's when MM's decide to let this go.

MarketMotion

2+ year consolidation channel has now broke resistance. Looking for an equal size move to the upside.

MarketMotion

See chart - C&H and Symmetrical triangle. Looking for Wave E down into a breakout move within the waves. PT 170/174 once complete.

MarketMotion Updated 

Really nice setup here trading above all EMA's. Approaching a good pullback zone this morning on this IH&S setup for a potential move towards $100-$105. The pullback here needs to hold above .62 retrace level and would be my SL if entering this trade.

MarketMotion Updated 

Our short term target is 37-38 and mid term 45-48 based on the current EW count and IH&S setup. Our stop loss would be the W2 low at $27.36.

MarketMotion

With the gap higher this morning I had to re-evaluate CAT. It is trading within this megaphone pattern and on the smaller timeframes it should be looking to complete a minor 5 wave sequence into 220/225. From here I will be looking to get short as I believe it has another wave lower towards 180 range.

MarketMotion

Forming large C&H on the two week time frame. Could see this dip a little more towards 24-25 range but overall, looks good and next wave up should take this higher towards 42ish range.

MarketMotion Updated 

Looks ready for a push towards 400 and any pull back is likely another BTD within the green box area. Friday ended with a daily bullish engulfing candle and we should see this roll over into Monday.

MarketMotion

provides a good short setup here being rejected at the top of the bearish channel twice signaling a double top. Looking for a break lower towards 196/197 area. Below orange line would likely confirm a C wave down inside the ABC corrective wave towards 177/180. Supply zone at 209.50/210 with 211.51 being the 1.618 extension level if this crawls a little higher...

MarketMotion

See chart and follow the count. Minor W3 can always extend higher but these are the extension levels I am looking for with a PT of $30 in the midterm. Would not want to see a daily candle close below $15.80.

MarketMotion

Boeing - Finally on the move here with great volume on Friday. We have the 5/9/20 EMA's curled up and on watch for a cross above the 50EMA. Nice large double bottom in progress and looking for a break above 228 to test 240 in the short term. Above 240 with a successful hold of support and the implied move on this double bottom would be 275 for now. I like...

MarketMotion

See chart on parabolic steps for hourly time frame. Possibly next week or by 11/19 I am thinking. Must hold above 3465 on any pullback.

MarketMotion

RIOT seems to be lagging MARA a bit but provides the same setup.