allout06

allout06

idea

allout06

idea

allout06

Will NVAX finally bounce here? It sure is showing some major BULLISH divergence here on the 4H, the 2 week has test it's lower band, and momentum on the monthly is still very much bullish. We had to expect some kind of correction with months of hard bullish runs. With NVAX having to get through Phase 2./3 clinicals and FDA approval along with Fauci possibly...

16:57

allout06

NVAX should hit my $300 target. Technicals with fundamentals mixed in. Thanks for watching and I'm interested in hearing your educated thoughts.

allout06 Updated 

EJ

allout06

First Reversal area hit and failed. Moving to the next zone. (161% Extension, highest green line) This area is the 50% pull back of the overall down move.

allout06

CHFJPY

allout06

Will Gold Die? We will see. All info on chart.

allout06

I've been following NVAX since price was at $12. Fundamentally they have one of the most promising COVID vaccines and their Nano Flu shot beat Sanify's flu shot, whos been a market majority holder in that aspect. Technically, we've tapped that $150+ zone 8 out of the last 9 fast rises over since the company IPO'd in 1996. Each of the rises have been driven by...

allout06

This analysis is in correlation to the UCAD short I posted below. I see oil retesting the $58-$60 zone then heading back down over the last 2 quarters of the year to retest the $51.64 level then continue to test $48.11 area. There is a possibility of Oil retesting the $66.58 area before the drop as well. Thoughts?

allout06

Looking to sell UCAD at the 127 and 161 Daily fib levels. Blue and red arrows show the possibilities. UCAD is moving in correlation with US Oil to a retest of $58-$60/barrel. I see oil heading back down over the last 2 quarters of the year to retest the $51.64 level then continue to test $48.11 area. There is also a possibility of Oil retesting the $66.58 area...

allout06 Updated 

Update to this Idea: After re analyzing Gold, I see a possibility of it making a new high. I see several places for pull back opportunities. 1463.26 area (1st red line) 1485.77 area (1st orange line) 1515.24 area (2nd orange line) 1545.83 area (2nd red line) 1580.00 area (upper red zone)

allout06

Looking for a retest of the upper zone to complete a triple top formation. 2nd possibility is a support break next, then retest as resistance for a short. Either way, I'm short gold for the short term.