Screened for stocks that has performed well in the last 1-3 months and came across that most stocks in the medical services have performed strongly. So decided to look into the IHF etf holdings.
CNC has broken out of the 75.30 strong resistance level. Previous 3 times have failed and 4th time lucky. This stock will go much higher.
Watch this stock.
btc is progressing on its 5 wave structure.
Wave 1 and Wave 3 are equal in price range. and wave 2 is 50% range of wave 1. I should expect wave 2 to be same or slight shorter in price range compare to 2. Wave 4 target around 53.5k
Looks like it's onto it's wave 4 at the moment before going higher to 80k (wave 5).
After wave 5 completes, i expect btc to...
baba retreating now having gone up 16 days up, and it should be heading down for 8 days before resuming the bullish direction.
So i am expecting October 28 to be the bottom before heading up again ... possible target or 203-204 around Mid November.
With 11-11 coming up, this should push the stock higher.
Earnings on Nov 4 (incidentally Oct 4 was the...
after being bearish for a while on gold, i am switching the direction after this confirmation.
Gold up 25 days and retraced 26 days to the 25% level and it has gone up quite nicely from there after a couple of weeks of consolidation.
Target of 1880 by mid Nov
With iron ore sales plummeting and not looking rosy on the China front, time and price wise is looking bad for FMG
10 down down, 5 days up to 1.375 retracement.
expecting fmg to reach 13 by end of October (tentatively 22nd) . 13 is also the top resistance back in Jan 2020. Old top (resistance) becomes new bottom (support)
I have been shorting FMG since mid...
Since July, ARKK has been trading sideways in the consolidation/distribution zone with no unusual volume for about 2 months. End of September we are seeing increasing volume activity to the downside.
i believe it's going on wave 3 and downside target should be around 99.80-100.
Oct 7 seeing the retracement up and hit a resistance level (~113) which is the...
With the strong volume and price rise on oct 7 and 8, in astrology terms, this is due to aspect of Sun conjunct Mars (aggressive energy), and 10th we are entering another cycle.
the volume on Oct 7, 8 are comparatively low to Aug 23 / 24.
I am still bearish on Baba and advise caution on going long.
I am expecting baba to turn down in the week of oct 11....
I have posted previously that SPX has been bottoming around the 19th since April 2020.
If this monthly cycle holds true, then we should see spx making a bottom around Oct 19 (Black Tuesday ?).
Just for research purposes, there was a market crash on Oct 19 in 1987, which will be 34 years to 2021. 34 years is an important cycle.
So on to examples of the 34...
Downside expected for Silver
Silver should be heading down towards the 19.60 level.
It has gone 26 days down and 9 days up to 50% level.
a good entry for selling would be below the oct 8 bar.
Silver isn't as volatile as gold in terms of prices and you won't experience the wild swing in gold as seen on Oct 8
I am expecting gold down as well around Oct 13