AMZN can breakout below symmetrical triangle or above , below it will loose approx $1000 and retreat to $2200 a break above the triangle will be a move up $1096, do not trade until price direction is confirmed with volume on Feb 3 or 4th
THE CHART IS SHOWING A PENANT, A MOVE OF $1993.00 IS EXPE WCTED, I HAVE SEEN PENANTS HAPPEN 2-3 SOMETINES 4 TIMES. WE COULD BE LOOKING AT BTC AT $25,000.00 OR MORE, BUY, BUY , BUY, Looks like im going to get my DINO GT
YEAHHHH
1st consolidation October 8, 2007 thru Oct 19, 2009 Approx 2 years breaksout from $97.00 climbs 408.21 gain of 304%,
2nd consolidation again it climbed for 4 years until Dec 23,2013. thru April 20, 2015 approx 2 years breaksout 387 climbs to 2026
3rd consolidation sept 4. 2018 thru Apr 13, 2020. Approx 2 years breaks out at 2026 approx gain to 350% math...
BIT COIN, what the hell is it?, no one seems to have a logical answer. I calculate the next stop $6996, 2nd stop $3106, 3rd stop, you look like Jim Carey crawling out of that Rino's ass.
amzn could move become a DOW INDEX member, GE will exit, a strong replacement is needed
if so it has to split, at least 10 for 1, Bezo's isn't known for sharing the wealth, I might be crazier than a shit house rat,
a sell off of 15-30% would not shock me. Fasten up, the ride is starting.
NO. 1 STOCK IN NASDAQ AND IBB, 10K INVESTMENT 30 YEARS AGO WOULD BE WORTH 10 MILLION DOLLARS
lookIing at a chart dating back to 1984 and compared it to the S&P 500 as well as other "mature growth" stocks, including McDonald's, Nike, Home Depot and Apple. Over the time period, Amgen rallied close to 100,000 percent, far outperforming the S&P 500 (INDEX: .SPX)'s...
Jan 22, 2016
Characteristic Discussion
Price trend Downward leading to the chart pattern. For best performance, choose patterns at the bottom of the downtrend, not as part of a congestion region in an uptrend.
Shape Looks like a double bottom with unequal bottoms. The second bottom should be at least 5% higher than the first, be similar in shape, and a...
Been watching NFLX for the last 6 months, finally broke out , formed a continuation Pennant, (the golden pattern for day traders), i did the day trader formulation of the expected move, came up with a 221 or so price target. Broke out above the pennant Friday, should see some straight up action last week of July and into earnings
Transportation is a leading indicator of the economy, when the feds raise rates, they will, it is a political move, FED has to make Trump look bad, otherwise the Democrat Party cannot take back the power, no chance of winning in the future unless the economy tanks. The FED orchestrates the market and power. Hang on, the Washington machine, both sides are out of...
I messed around with this for a while , it finally formed a diamond top, (not complete yet), Thomas Bukowski is the premier chartist in the world today. This seems to be a great short and a lousy bet long.
Bulkowski's Diamond Tops
Important Bull Market Results for Diamond Tops
Overall performance rank for up/down breakouts (1 is best): 21 out of 23; 7 out of...
The figure to the right shows the preferred setup. The decline begins at point 1, usually several months before the ugly double bottom. As price nears the ugly double bottom, it declines at a faster rate, usually forming a straight-line run that approximates 45 to 60 degrees (points 2 to 3). This is the blow-off stage and it usually lasts at least a month, often 6...
Ugly Double Bottoms: Identification Guidelines
Characteristic Discussion
Price trend Downward leading to the chart pattern. For best performance, choose patterns at the bottom of the downtrend, not as part of a congestion region in an uptrend.
Shape Looks like a double bottom with unequal bottoms. The second bottom should be at least 5% higher than the first, be...
