Smaller degree wave 2 looks to be in! Expecting an impulse higher this week above $45. $37 needs to hold below for this count to stay strong.
No changes from last week. Still waiting for larger degree wave 2 before buying in.
Do you regret not buying Tesla under $700? Well... you're in luck. MicroStrategy under $700 is a GIFT. Look for $635 to hold as support and a sharp move higher towards $1000. Don't sleep on this one.
Following Tesla's chart very well and have been tracking the two together. Looks to be a wave C in progress. Still waiting patiently before pulling the trigger to go long on this one.
Triple nested 1-2 setup sitting on falling wedge support. As long as $8.60 holds, I expect another leg higher to $14.59 by December 17th. Yes, I am aware this is quite an aggressive prediction, however I'm using past data with how FCEL likes to behave indicated with the red/green boxes.
Like Apple, we expected Amazon to pullback while most were super bullish. A bit more uncertainty with this one, as we can call this pullback either a wave 4 (if we hold 50%) or another nested 1-2 (if we hold $3350-3440) No longs for now.
Short-term, Apple doesn't look too hot. False breakout last week while everyone was super bullish, however we saw this one coming and didn't rush in. I'm looking for a retest of the diagonal breakout which also lines up with the golden pocket. Daily Oscillators need to cool off as well. If markets prove to be strong through the end of the year, we may get a...
Like PayPal, Roku still has some more downside to go before a potential reversal. Not interested in long setups until we tap $220 region. Don't get burned trying to catch this in the meantime.
Very ugly move for PayPal last week. I have since taken profits on the initial bounce we got from $201 to $215. I hold no options for the time being. Weakness from last week opens up the possibility to see $169-170 get tested before a major low is potentially put in. Be patient with this one and careful catching a falling knife with weakness present.
Pretty uneventful week for this one last week. Plan stays the same, and looking for wave 2 buys below in the $98-103 region targeting $132 ultimately. Staying patient here.
After patiently waiting months for the chart to develop, I finally pulled the trigger to enter last week. It is CRITICAL that we hold this $37 region, otherwise I will have to re-adjust my count. Looking for major targets at $48.56 and $57+ above.
Swing execution plan still remains the same. Micron just decided it wanted $80+ first. Still seeing this initial impulse as a wave 1 and looking for a wave 2 below. Since wave 1 was larger than I expected, I have adjusted my count for waves 2,3,4 and 5 to accommodate this change. (much larger 5 waves up)
Although we got a strong bounce towards the end of last week, still a bit skeptical going long. We are either still correcting in wave 4 (my preferred count) or starting wave 5 (confirmation is break over $57.75). Still needs time to develop imo.
This setup looks primed to continue running up! Beautiful inverse head & shoulders pattern as well as a bull flag breakout on Friday. Looking for a pullback into the $339.6-344.17 range to buy the dip on Monday/Tuesday. Targeting $370 to the upside.
More bad news dropped Activision last week... looks like this stock can't catch a break. However, we are still sitting on major channel support as well as the 78.6% Fib. I'll still buy the fear while 99% of others are mega bearish.
Crazy move last week above the previous $3605 pivot. R/R and upside here is limited in my opinion before a wave 4 pullback happens. Looking at the $3500-3650 range to potentially enter a long swing. Be patient with this one.
Great move above the diagonal trendline last week! We have since taken profits since R/R is lower than I would ideally like up here. Looking for a wave 2 pullback in the $152-155 region which should be buyable. Targeting $170 to the upside if my thesis holds true.
Tesla with the falling wedge breakout today and showed lots of strength!! Looking for more upside, but still expecting a corrective triangle to play out for wave 4. Upside targets still remain.