RayTrounday

RayTrounday Updated 

TSLA appears to be in forming of Wave 3 impulse move. Target is 100% or 161.8% Fib extension.

RayTrounday Updated 

MED is bearish impulse move and based on my wave appears to be headed lower. I have a Wave 5 target of minimally 87 but could reach 85 in the next month

RayTrounday Updated 

AMZN recently completed a bearish Wave 5 impulse move. Now that Wave 5 is complete, I expect AMZN to retrace back to the Wave 4 high at 1840, 120 points from current levels.

RayTrounday Updated 

Marriot Vacation is in a bullish impulse move. It recently completed a Wave 4 of 5 and his headed higher. I have the Wave 5 target at $120.

RayTrounday

UNP appears to have completed a Wave 5 bull move. Price action on 2/6 was not able to take out 188.96 high. In addition, price has broken below the 2-4 which provides further evidence lower prices are taking hold. So, I expect that price will return to the start of Wave 4 at 167.5.

RayTrounday

APA is in Wave 5 of 5 swing to the upside. Target 36 just prior to earnings, 3rd week of Feb.

RayTrounday

TWTR is in a Wave 4 of 5 impulse move down. With Earnings in the horizon, price looks to move lower to 24-26 by mid February

RayTrounday Updated 

CHL is in an bullish impulse move. Price broke Wave 1 and it is currently in a Wave 3 of 5 pattern. Minimum target is the 100% extension of Wave 1 which is 45-46.

RayTrounday

SLV - Silver ETF is in a Wave 5 of bullish impulse move. Target is mid 19-19.50 by mid November.

RayTrounday

SJM appears to be near in completing a Wave4 retracement of an impulse move lower. Looking for further price move down to 90-97.5 for a Wave 5 target of impulse bearish move.

RayTrounday

BUD has just completed a Wave 4 of 5 impulse wave. Target is 110-115 by early November.

RayTrounday

NFLX is trading in a channel. It is also near established resistance at ~102.5. Looking to short on a break of the lower end of the channel.