ivanwolfgang

ivanwolfgang

multi-month consolidation with MMM - ranges tightening, and with markets looking like a potential bottom has occurred (even if temporary) we may find enough gusto to break out. Targeting approx 167+ starter position in October calls, looking for 155+ for size. Obviously, this is not trading advice, just personal journaling of thoughts at this time with the...

ivanwolfgang Updated 

It's been a rough couple of weeks for any long-biased traders, but I see a potential setup opportunity for a range-bound play that can either be taken on confirmation (TAKE NOTE: CONFIRMATION, not TOUCH) of bottom channel trendline, or on a break of the downtrend line within the channel if you want to play it even safer (or do both and size in...) I have no...

ivanwolfgang Updated 

on the long side I can see an eventual trip up to 580 on ROKU with a blowout earnings report (please note, this isn't a 2-3 day price target, this is longer term). Otherwise I see 387 on any bad news or non-event type of earnings call/report.

ivanwolfgang Updated 

$CHWY broke the double top resistance on the hourly, now just grind up to $100 in time. As long as we maintain the red level we should be good for some upside!

ivanwolfgang

Target zone in green, CMG do your thing! Using Pivot Points and Fibonacci extension to pull out reference levels. 2023 not only looks like an outside fib target, but also corresponds with last weeks R4 level. I like this and can see it happening especially if we can see a CMG analyst upgrade sometime this week.

ivanwolfgang Updated 

For reference, this is building off of the original idea: Since there was a successful breakout and now a news-based catalyst, Connected tops show a target of 607-608. Quick note for chartists that might be raging a bit about how my connected tops aren't actually connected tops. What I've actually done is cloned the bottom trend line and mapped it to the top,...

ivanwolfgang Updated 

For those in the fintwit community obsessing over the fact that we closed with an "ugly hammer", I'd implore you to go back and look through some of the more recent "ugly hammers" that SPY has closed on the daily, and what the following price action was. Yes, I know some of these aren't perfect hammers, but I think we can provide a little flexion in that...

ivanwolfgang Updated 

watch it play the triangle a bit further before scoping an entry, or simply wait for a high volume breakout. Target - green box Stop - red box not financial advice.

ivanwolfgang

Displayed weakness for some time now, thinking we get a sympathy bounce near this inflection point before ultimately resolving to the downside and revisiting the ~18/19$ low. not financial advice. just charting out for internal tracking and reflection on first impression accuracy.

ivanwolfgang Updated 

a few days now TSLA has been basing after a daily break (on notable volume) of the previous downtrend. Upside potential looks great

ivanwolfgang Updated 

Enough said. Levels defined, feel free to track against them. I've created some boxes where we see price action gaps, these are some of my primary targets in addition to the start of the trend (top) Ignore the fib levels, they no longer apply and forgot to remove them before posting. Watch for a backtest of a trend break for a possible entry. Not financial...

ivanwolfgang Updated 

Looks like a round bottom forming here at/near the site of the previous gap (might dip to more convincingly fill, otherwise it might be satisfied... tough call) Looking to retarget highs in coming weeks. not financial advice.

ivanwolfgang Updated 

small term trend (red ray) building into mid term trend (blue ray) Long into the mid term trend line. From there we see if we reject or leg up. not financial advice.

ivanwolfgang

Soon...

ivanwolfgang

Nice entry opportunity on trendline for triangle breakout (or just trading to resistance) not financial advice.

ivanwolfgang

quick 2 min rough sketch up on thoughts here. invalid if we set a lower low on daily not financial advice

ivanwolfgang

Trend is up, Higher low established. as long as trend remains intact: 98 nearterm 118 mid term not financial advice.

ivanwolfgang

Let's keep it simple. If it resolves up, buy the breakout, stop loss back into consolidation range. Or if you are not wanting to buy the breakout (fear the false-break reversal), look to buy the backtest of the breakout after a confirmation bounce back north! not financial advice. I'm a derp.