Modus777

Modus777

This regression channel NOK has found itself in for years continues to provide clues for support and resitance areas. If we've indeed put in another wave 2 in zig zag, we could soon swing to meet resistance yet again.

Modus777

Unity seems to have finished an a-b-c correction wave after earnings and seems to be on course to new highs. I wave 2 has been put in to the T of these fib levels, then we should see 180+ by the end of August/September.

Modus777

Accumulation zig zags, most likely waiting for a decent pop above the supply line anchored VWAP from March lows. Holding shares are these levels.

Modus777

Accumulation and massive nesting under the IPO anchored VWAP. With it's first ER today after hours, we'll see if it pops at last.

Modus777

Looking at the tight range CRSR has found itself in, leads me to believe a nest of consolidation waves are in place. It might not break out of this range until we get a decent catalyst, just keep in mind the tight triangle formation in place and how this week we bounced off of the IPO anchored VWAP.

Modus777

Is Dell due another pull-back, or will it continue the run-up higher after ER? I personally like Dell, but it finds itself near ATH and 3 days away from reporting earnings. It's important to note the anchored VWAP from October's pull-back as well as the strength above the 1-12 EMA clouds and climbing RSI/almost MACD cross on the 4h chart. Won't be considering any...

Modus777

Holding a small position in LI Auto. Looking to add if wave C is in play and if we're moving for a 3rd leg higher. If the stop loss is held, then the length that it took to reach wave 1 will reach wave 3 aboe 68 level in 5-6 months.

Modus777

Great setup to break above highs set back in 2017. Great volume profile on this one that should work as a launch pad. Considering incoming inflation in the future, it's a decent way to diversify. I like an entry if it back-tests the purple line and if it holds March's lows anchored VWAP.

Modus777

Caught this one on Friday. Looks like a decent setup to pull back and add for a final wave 5 on the hourly. If the pullback is accomplished, then equal legs target will be around 5 dollar range. If 3.88 fails, then this setup is invalidated.

Modus777

MACD and RSI showing signs of a strong swing up in the short term. The hourly chart is about to print a crossover that might help $NIO reclaim the .382 fib level.

Modus777

Simple chart for the near term. Either it wave C is set lower and we push up towards wave's A anchored VWAP, or we put in a lower wave C headed into earnings.

Modus777

Wouldn't be surprised if we see NIO tag the low fib level, also the bottom of the 12EMA cloud just like we did today. Around 58-59 is a great dip level to add in this weekly bull-flag.

Modus777

If this move on QS is essentially another Wave 1, and that we've already completed counts A-C, then ER should be the perfect catalyst to create this trend. Fundamentally, QS is dealing with many lawsuits, but should they post good numbers and forward guidance, then this pitchfork's formation is in play.

Modus777

Futures green, VIX is getting hammered. We could see another 4 day uptrend and close just shy of 4000 above 3980. If 3932 is lost then we'll go back to the chop zone.

Modus777

After a tremendous uptrend right after it's IPO, Unity was sold off after ER, probably consolidating and preparing for a another move up. If the gap above is reclaimed, and if both key fib levels end up working as support, then last week's Friday candle was the golden cross, ready to long $U again. Need stronger confirmation on the bounce, but this could be the...

Modus777

Although we got a bullish candle last week, I am still waiting for confirmation on a bullish trend aside from the daily timeframe. All other timeframes are showing a thinning kumo cloud. On the daily, the conversion line has almost crossed the base line. Should the current trend continue, the conversion line (blue) should deviate from the base line to keep price...

Modus777

Watching the gap below and the key fib level at 1.618 as key support for the next leg up. If the length that it took for wave 1 continues for a wave 3, we will see wave 5 around 9.5-10 dollars by the end of June or beginning of July

Modus777

Entered a few LEAPS this week and playing with common. This massive swing is ready for some crazy upside.