kodyshepherdpersonal

kodyshepherdpersonal

I believe that renewable energies are the inescapable final destination for all of humanity, as even the oil industry knows that fossil fuel deposits are finite. To me, the renewable energy revolution has always been a question to when not if. For example, over the past decade or so advancements in semiconductor processing and production methods has lead to a...

kodyshepherdpersonal Updated 

With the the week coming to a close, I think AMD has shown evidence that its looking for the bottom of a 4th wave correction within the 5th wave of a primary move. The price is currently trading at a 2hr support just under the 200ma and seems to be showing some momentum strength relative to when the downward break started. If this support holds I'll be looking at...

kodyshepherdpersonal Updated 

After the COVID drop back in March of 2020, Apple entered into a new bullish Elliot wave cycle. I believe this wave cycle entered into the 5th cycle after the correction between September and October. This smaller wave cycle appears to be completing an extended 3rd wave. Based on the previous extension impulse correction, I'd estimate the price target to be...

kodyshepherdpersonal Updated 

SNAP appears to have been in a correction cycle following the mid November drop from 57 to 47, which is part of a much longer term correction cycle from the ATH of $83. Looking back at the entire price action, it is very clear that the SNAP run-up was due to a very well-defined Elliot wave cycle (if only they could all be this beautiful): This wave count is...

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Long-Term: In the long-term I'm looking to trade what appears to be a broadening triangle correction pattern. AAL has pretty slow moving macro-trends so there is no rush for an entry though. Once the shorter-term patterns shows solid evidence of a bottom I'll enter a position looking to capitalize on the re-trace to the top of the broadening triangle with...

kodyshepherdpersonal

Yesterday an alert I set on a pending SNAP triggered signifying what I thought would be the top of the breakout. I took an initial 12/17 50 put entry off of strong bearish divergence when what I thought was wave B hit a resistance and then doubled the position when the Pa fell below the head and should neckline. Closed position today for $300 profit, but I'm...

kodyshepherdpersonal Updated 

I believe AMD to be in a wave 2 correction phase with a short term PT of ~151. Following the re-trace to 151 AMD could continue to to ~170 to complete a higher order wave 5. I'll be looking to swing trade the PA to 151,and then straddle the bottom for a quick movement up to 158. Once (and if) the PA breaks and holds above 158, wave 3 will be confirmed and...

kodyshepherdpersonal Updated 

Entered into an apple swing trade yesterday near the end of the day with a 2 to 1 call/put ratio. Closed short leg today during consolidation after initial breakout, and holding long leg to capture the rest of the daily momentum. Will look for another swing entry near the end of today.

kodyshepherdpersonal Updated 

Had 3 successful short trades on AMD totaling $334. Trade setups were scoped out on the 1m,5m and 30m timeframes.

kodyshepherdpersonal Updated 

I'm lookin at two possible All trade setups: Long Swing Trade: breakout from descending channel Position: 7Dec 120 Calls Entry: ~116 PT1: 120 PT2: 125 Long term Trade: Holding support at 125 will trigger initial entry and DCA accumulation Short Swing Trade: PA back to bottom of channel Position: Entry: ~114 Position: 17Dec 110 puts PT1:110

kodyshepherdpersonal

It appears that BTC could have recently hit a 5th wave peak as shown by the ATH with both bearish momentum divergence and on decreasing volume. I've marked what I think are the critical support and resistance for validation of this wave sequence. If BTC moves above the critical resistance or fails to fall below the critical support, we could see a new impulse of ...

kodyshepherdpersonal Updated 

I outlined the higher degree wave cycle with the thicker blue numbered line in the left-hand chart, and zoomed in on the section around what I believe to be wave 3-4-5. Wave 1 is abnormally strong, and I've spent some time wondering if I have mislabeled it. However, all the fib ratios check out, and I don't seem to have violated any Elliot wave rules. Either way...

kodyshepherdpersonal Updated 

I was lucky enough to get in on ETC around 42 dollars before the most recent price action drove the price upwards of 150 USD. After such a large and fast movement I was very skeptical of continued movement upward and exited the trade yesterday thinking the correction would be more severe. However, after a more detailed looked at the wave structures I think there...

kodyshepherdpersonal Updated 

In June of 2020 IEA moved into a very well-defined Elliot Wave cycle with the price action peaking at around 24 dollars in January of 2021. The Elliot wave appears to have ended sometime between February and March of 2021 and moved into a very predictable horizontal channel after a failed double bottom confirmation on 31 March 2021. The horizontal price channel...