chiefwils0n

chiefwils0n

I'm very apprehensive that TSLA will continue its bullish run in the coming weeks. Analysis in the graphic.

chiefwils0n

Cup & Handle complete. Price leaving demand zone (green). When the volume increases, WTRH to soar to $4.

chiefwils0n

AMD has been in a 15-day squeeze (i.e. period of consolidation). Today was a strong bullish finish. Fundamentals are strong. I believe AMD will easily head to $70 after the squeeze is released.

chiefwils0n

Strong daily finish. Don't panic on retrace to $975 area. Targets are $1000, $1030, $1050, $1100.

chiefwils0n

TSLA to enter demand zone ($890), then move up past ATH ($1027). EMA(21) is $878 (Price always reverts to the mean) Strong consolidation/support/demand at the EMA(21) Hit ATH, before correcting Thurs/Fri were "profit taking days"

chiefwils0n

DKNG may correct to B wave, before retesting resistance at C. Demand Zone (Green) is $28-$32, which is the 38%-50% retrace from 3 April. Supply Zone (Red) is $41 - $44.

chiefwils0n

WTRH just formed the handle in the C&H. Price is currently in DEMAND zone (Green). Wait for volume spike, before bull run. Profit taking opportunity in the SUPPLY zone (Red).

chiefwils0n

AMD is bullish after completing a 50% retrace on a positive earnings report. I purchased the $55 CALL option OTM for 08 May today. I'm already up 40% on the trade. Plan your trade; trade your plan.

chiefwils0n Updated 

WTRH at beginning stages of bull run. Wait for volume confirmation on the daily. Target: $2.50. Stop: $1.12 (EMA20). Ket Factors: Price above 20/50 Daily EMA MACD crossover Bullish STOCH Earnings in four days

chiefwils0n

CCL broke out of a 3 Week consolidation period today with volume confirmation. It's above the daily EMA20. Next targets are 14.89 and 16.81, respectively. I'm still skeptical (neutral), given the fact that this is earnings week for several major companies. CCL may be trying to hitch a ride on the bull-run. However, RCL and NCLH are both up as well, and reports...

chiefwils0n Updated 

AAPL forming H&S pattern on 30m and 60m charts. Price is consolidating before move down. Pay attention to the previous wicks, as they indicate direction closing lows of subsequent candlesticks. Chart is 60m.

chiefwils0n Updated 

AMD is bullish, and has been bullish since May 2018. I anticipate a corrective retrace to the monthly EMA20 between $36-$40 range and look to capitalize on this retrace. Resistance: $59.27 Support: $36.26 Chart is Monthly My current is to buy PUTs / short CALLs at 55/50 Strike with DTEs in May/June.

chiefwils0n

Classic bearish divergence on the 60min. Price is increasing, but volume is decreasing. Target 1: 270.44 Target 2: 264.95 Longer timeframe correction is still Wave B at 264.95.

chiefwils0n Updated 

PYPL is on a bullish trend. Price could encounter minor resistance at Wave A ($115) and correct to Wave B ($106) before continuing to test major resistance at Wave C ($124). Alternatively, PYPL could push through minor resistance at Wave B, and continue straight to Wave C without correction. The blue circles indicate the value of using the EMA20 as means to...

chiefwils0n Updated 

MSFT is bullish on the daily. the EMA20 serves as strong support/resistance (blue circles). MSFT broke through the 61% retrace of the recent downtrend (Wave A). Look for entry on short correction on Wave B at $162, before the stock trends up toward resistance (Wave C) at $191.

chiefwils0n Updated 

AAPL may fall to 20EMA on the daily (~$270). Price is increasing, while volume is decreasing which indicates bearish divergence. Put options have also increased both in volume and price within the last week. The 20D EMA has served both as support and resistance (blue circles) for the stock. I sold all shares today, and will look to buy back around $270.

chiefwils0n

We can all agree that TSLA has been extremely volatile within the last six months. In the interim, TSLA may correct to Wave D ($609), which is the 23% retrace from the Wave C uptrend. In theory, TSLA could retrace a bit further to $526.76 based on the Fib extension (38*%) from the ATH of $968.99 on 4 Feb. With a average price target of $520 (1), this seems likely,...

chiefwils0n

CCL has been in neutral pattern since 07 April as price consolidates (red channel) at the 38% Fib ratio ($12.30) from the previous downtrend. Typically, a retrace to the 38% level indicates a strong trend, which in this case suggests CCL is still bearish. It's anyone's guess how long this consolidation period will last, and whether the breakout will be bullish or...