ir-rizzle

ir-rizzle

Workhorse is currently consolidating in a wave 2 and has already crossed the 0.618 retracement level. It appears to be continuing to the 0.786 retracement level which coincides with the 1.618 band on the pitchfork at around $18. RSI and Stochastic RSI are both in the oversold territory, but could linger there a few more days as it consolidates to the 0.786...

ir-rizzle

This stupid ass website deleted my analysis, 30 min of meticulously worded explanation. Im not gonna do that again, so long story short, Zuo will hit 20+ by early march and 22-24 by end of april.

ir-rizzle

Just a basic EW count on QuantumScape $QS. I would look to go long under $73 all the way down to $59. Primary Wave 3 PT of $240 to $260, time target of end of late March to mid April. Time targets are NOT exact

ir-rizzle

-Primary wave is in Green, starting at Sept 4th low to Oct 20th high -Intermediate wave is in Yellow, starting at the Nov 11th low to the Nov 30th high -Minor wave is in Pink, starting at the Dec 14th low to the Dec 18th high. - The Pitchfork is following the Primary wave Watch for $PRPL to come down next week as it completes the ABC correction to finish minor...

ir-rizzle

Apple will likely continue its fall tomorrow completing wave 4 and bounce from there on friday to cap off the week at or near $130. This will complete wave 1 of the larger wave (3) currently in progress, shown in green. The following week will begin with an ABC correction as the wave 2 of the larger wave (3) completes. The coveted wave 3 of (3) should begin near...

ir-rizzle

PRICE: 1) wave 2 0.618 retracement = ~117.60 2) Pitchfork 1 band support at ~115.50, its bounced off this band before (yellow circles) TIME: 3) Stoch RSI is falling, the equal legs projection from previous low to high (nov 27 to Dec 8) places new RSI low around Dec 17 4) the 2.618 lvl of the trend based Fib time extension lands on Dec 16, lining up with the low...

ir-rizzle

$SE is almost finished consolidating to the 38.2% level (around 203-202), which would make it bounce off the 1.25 pitchfork band (purple line). Since Stoch RSI is still falling, it may continue to drop to the 50% retracement level (around 197), coinciding with the 1.75 pitchfork band (red line). Furthermore this level is also the support from the Dec 2 low. From...

05:44

ir-rizzle

Here i take a look at Purple Innovations, breaking down the primary/intermediate/minor wave counts, and overlaying two different pitchforks to see how the elliot wave predictions line up with the historical chart patterns. $PRPL looks to be in a good 1-2-1-2-1-2 setup going into the end of the year. Cut loss below $27 Price Target = $38

ir-rizzle

Test of the EW 1-2-1-2 setup with two pitchforks, one from the March lows to August high (W1 to W3), and another from Sept lows to Oct highs (W4 to W5). Confluence of EW setups with both pitchfork around $40. My trade plan is Jan 15 $40 calls for a quick 30-50% scalp. For less volatility, April calls or common shares can be an alternate route.

ir-rizzle

Zuo is consolidating in a wave 2 retracement and holding the trendline of the march lows. If this continues, and price holds above $9.61, we could see it bounce to $15 by end of march

ir-rizzle

looks like the wave 4 retracement has bounced off the 618 level. The pitchfork shows lots of good reactions. Confluence of wave 5 and equal legs of pitchfork at 120-130 by end of Jan.

ir-rizzle Updated 

BABA has completed a 5 wave structure that started in march, followed by an ABC correction. The pitchfork anchored at the march low and the wave 3 high confirms this setup perfectly. If the correction is complete, we could be starting a new wave count here. Possible play for wave 1 with an entry at ~266, stop loss at ~259 and a price target at ~320 (20%) which...

ir-rizzle

BIG PICTURE: Looking at Apple using elliot wave principles and the pitchfork strategy, we have confluence at $160. We may drop a bit to $110 and bounce from there. DETAILS: Apple just completed an ABC correction as part of a wave 2 and is currently undergoing a wave 3. The pitchfork confirms this bounce off the 1-band in blue, heading to the median and then...

ir-rizzle

EW analysis shows that $work is working on a a wave 3 sub formation (yellow) within a larger wave 3 impulsive structure (white) that started back in march. Its hit the technical levels perfectly. The algos are in play! On a shorter time frame, the Andrews Pitchfork shows a beautiful bounce off the bottom of the channel, with and 80% chance the price will approach...

ir-rizzle

1) Wave 4 retracement, bouncing at the 0.38 Fib 2) Bull flag in white reaching choke point 3) Price bouncing off the 0.5 range in the Pitchfork 4) Daily RSI exactly at historical bounce levels 5) Volume decreasing in bullish consolidation (blue line) 6) Parabolic SAR showing uptrend >> Equal legs projection (green line) and wave 5 projection (white box) show...

ir-rizzle

If DENN falls below 9.53. sell and try to pick up again around 8

ir-rizzle

Pitchfork and elliot wave coincide at the $20 mark.....down trend will begin here

ir-rizzle

THe EW wave counts lines up perfectly with a 618 bounce for a wave 2, and the wave 3 projection lines up perfectly with the pitchfork upper boundary. A dip to 10.78 is possible as RSI is dropping, however i expect a rise soon after to complete the 3rd wave between 11.75 and 12.20