TonyPicks

TonyPicks

Follow me for MORE PICKS! Welcome to Tony's Picks I enjoy analyzing charts and have come across this interesting idea that I would like to share for discussion. After our March - May crash I spot a quick trend to completion followed by a typical zig zag (5-3-5) counter trend. If this idea proves true I see us continue another trendy move and enter a long wave 5...

TonyPicks

Tony's Picks I enjoy analyzing charts and have come across this interesting idea that I would like to share for discussion. This daily chart for $SPOT shows textbook Elliot Wave Theory formations. Starting its IPO in 2018, Spotify immediately underwent a complete Elliot Wave Trend. Following this trend is a long Flat counter trend. In purple font color the...

TonyPicks

Tony's Picks I have recently started analyzing charts and have come across this interesting idea. This chart is on the 4hr time frame. It looks like $JMIA is about to enter wave 1 after a 5-3-5 zig zag countertrend according to the Elliot wave theory. This idea assumes everything prior to this trend was just an IPO countertrend. Wave 2 two bounces off the .618...

TonyPicks

Tony's Picks I have recently started analyzing charts and have come across this interesting idea. It looks like $SHOP is about to enter wave 5 via the black line on the daily chart. The blue line trend inside the black waves supports trendy behavior through the Elliot wave theory. The counter trend from the blue line may be over or ending soon. Then wave 5 will...

TonyPicks

Tony's Stock Pick s I have recently started to analyze stocks and found this idea interesting. It looks like we could be entering wave 5 on blue line to continue the Elliot wave theory within wave 3 of red line. Potential to see $148-152. Curious to hear thoughts and comments. Thanks. *Holding WMT $140 12/18 stikes*