$CLNE looks to be retaking its EMAs. This could mean the end of its wave 4 and the start start of a strong wave 5 into April.
After some really strong consolidation LUV is a low risk play to finish its wave 3. Its making a nice move nd currently wedged to break upwards.
Smaller cup and handle is fully broken out. Could form a larger one, but I think it is more likely to gap up through the channel as COVID reopenings continue.
Looks like it could be forming an inverted head and shoulders. If it breaks downtrend monday I could see a huge step up.
Healthy correction to the .5 or .618. These would hold the EMAs and allow for the stock to bounce to the next resistance point around .15 (.786 of wave 3). If it can hold up on the resistance point and consolidate then it should get the volume to run up to the 1.0. This is the first wave, so it is hard to tell whether this stock will pump and dump or possibly have...
SHMP has been respecting a really nice channel. Bounced off the 50EMA to complete its wave 4 and retook the 21EMA on friday. Looking to bounce upwards with a PT over 1.00.
I am using this as an excuse to keep averaging down my calls I don't recommend joining me.
Second set of impulses seem to be finishing up. The stock has respected the channel thus far, but after another possible impulse jump I could see it starting retracement on its wave ii. EMAs look great as hit holds the 21 on both the 4hr and the daily.
I like DTIL to keep coiling for a possible breakout. I think a double bounce has more upside potential resulting in a late March 20PT whereas a shorter breakout could still give a 19PT by mid March. Either way I want to see it take back the 21EMA today or monday to instill confidence.
Title says it all. This is an update to my previous chart, which is still holding well with price targets. I adjusted the waves to include subwaves and added an upwards channel to track this early activity as a potential leading diagonal for longterm growth waves. I think the news about a deal with a fortune 100 company could rocket this one out of the channel,...
My original thesis was a cup and handle inside a pitchfork. That may have been busted by todays market dip, but I am I also believe it could be an anomaly. Tomorrow will be very telling. A green day puts us back in the pitchfork and on track for our handle to really lift off. A red day we will hit the .618 and I am setting that as a hard stop-loss.
As I stated a week ago Unity was a bear flag and despite ARK loading shares I believed it would drop. I updated numbers and lines to show my relative buyzone. This has a large downside potential to hit 110 (I dont think it will), but I started my position today inside the 120 dip. Potential upside as it begins its second wave is 209 with a PT at the end of...
Watching for potential bounce upside. Wont touch it if it drops below the .5
$SDC is forming a diagonal led by an ascending trigonal into two bullish pennants (flag on the second). This stock has a large short interest and could pop off if it breaks the channel, but otherwise it still has large Elliott wave upside potential. Price target is listed at the top of the channel (C). Chart looks bullish and it took a small dip to the edge of...
On my watch list as it has bounced nicely within the channel. Could see an extended flat for a couple of days before it jumps up to the next leg of the pitchfork. Also possible for a short term jump meaning another bounce. Could lead to a triple top so I would be careful if it does otherwise looks very bullish.
Posted previously that I thought the hotels would cup and handle leading to longterm growth into March/April. The uptrend started on friday and all have started to active sequence their EMAs. I will work to create wave buy/sell points in the coming week to better understand price targets.
This is one of those companies where the fundamentals match the chart. This company is bringing gene editing to cancer and biodevelopment. The leading diagonal is super promising to have a strong first wave that would finish at ATH. After the Fib correction this could fly outside the pitchfork and really show longterm growth. Price targets on the next two waves...
Unity has been on uptrend from IPO in Sept through Dec. It is our only discernable Wave 1 of 5. Therefore retracement should be assumed to be .618 or aprox 108. The buy zone is when it drops below 120 past the .5 correction. I saw a post pushing for a bull flag and I just don't see it. Expect a bearish week and look to start buying equity next week.