Trent.klarenbach

Trent.klarenbach

NASDAQ:SDC is consolidating with a recent test of the 50 DMA. I like it here for a long position.

Trent.klarenbach

BDXT Swing Trade Idea Nice Consolidation above the 50 DMA forming an ascending triangle. I like it above 35.10 with a stop under 31.62

Trent.klarenbach

NASDAQ:BYND Price is below the declining 10-, 20, and 50- Day Moving Averages and is testing the VWAP from the March lows. This could be a short opportunity.

Trent.klarenbach

NYSE:SNAP short idea with the red rectangle as a target defined by the light blue YTD VWAP, the yellow/orange VWAP from the March low and the purple 200 DMA. Also, note that the red area coincides with previous support and resistance levels.

Trent.klarenbach

NYSE:SHOP Elliot Wave Idea

Trent.klarenbach

NYSE:SHOP Weekly chart of SHOP. How much longer can it go straight up? Regarding SHOP. It has quite the run for a Canadian company. It looks like a Hyperwave to me. If it is a Hyperwave then we can expect a retrace to the orange Phase 3 line. The green box is a level of interest using Fibonacci Extensions and Fib Retracement tools.

Trent.klarenbach

TSX:TSX If the TSX can clear the .382 fib level then I am looking for it to continue the bounce to the green rectangle.

Trent.klarenbach

TVC:DJI If we can clear the .382 fib then I am looking for the bounce to hit the Green rectangle target.

Trent.klarenbach

SPCFD:SPX I am looking for a ABC Correction up to the Green rectangle.

Trent.klarenbach

TVC:SPX AMEX:SPY I adjusted this idea on the Daily chart. Price has found resistance near the .382 fib level. If we retest and break above then I expect price to hit the green rectangle level of interest between the 0.5 and 0.62 fib level. The 50 DMA and 200 DMA are also levels of interest in this area.

Trent.klarenbach

ABC Correction Idea for NASDAQ:MAR The ABCE correction arrows indicate direction and do not consider time.

Trent.klarenbach

NASDAQ:BYND I can see BYND following this ABC Correction

Trent.klarenbach

Is the SPCFD:SPX correction over? I don't think so. Will the SPCFD:SPX complete this ABC correction and hit the green rectangle target with a top range at 1708? Time will tell.

Trent.klarenbach

Soybean chart has a nice feel to it and appears ready to reverse the downtrend.

Trent.klarenbach

Wheat looks like it could break out of this ascending triangle.

Trent.klarenbach

AMEX:SPY Price has entered the .618 Fib retracement and a possible TD9 count in two days. I will be ready for a swing trade to play a bounce in the two days.

Trent.klarenbach

AMEX:GLD I am anticipating that GLD is on a Wave 4 correction to the T1 Green box target between the horizontal Blue lines. Once the target is hit, I will reassess and look for a long position.

Trent.klarenbach

NASDAQ:TSLA ABC Correction Idea