pbartashevich

pbartashevich

Quick update on KHC idea. The stock still goes through accumulation phase. Accumulation takes lots of time and it is better to switch to weekly TF from daily to see the progress. On weekly TF I see the inverted head and shoulder pattern showing up, allowing us to project targets if it plays out and breaks neckline. Weekly 50 Simple Moving Average is also at a...

pbartashevich Updated 

Hi, This is a followup idea on my original Tesla idea (linked). I would like to switch focus from Wyckoff pattern to a Market Cycle which gives a longer term perspective of what kind of behavior we can expect from Tesla stock. As we can see on the chart we have already passed COMPLACENCY phase of the cycle while stock has been distributed for 2 years. Critical...

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HI, This is PRELIMINARY spoiler idea before I will do my main idea on IAMGOLD long term investment. I believe there will be one more leg down in IAMGOLD and many other miners as well before the whole sector turns upward for new long term trend. The move indicated with red arrow is a last leg of overall BAMM (Bat Action Magnet Move) that was triggered by breaking...

pbartashevich Updated 

Quick refresher to previous ideas on CPG. Patience will pay off on this trade. Owning CPG is pretty safe right now after 90% drop from highs and consolidation/reversal pattern showing up at the bottom.

pbartashevich Updated 

Hi friends, It has been a long time I haven't updated KHC idea. Since that time price action printed several signs of bottoming process is taking place. I have shown them on the chart. As mentioned in previous idea the day price opened with 30% gap down a big buyer (could be Warren Buffet ;) ) showed up and absorbed all the panic selling. It was a first and...

pbartashevich Updated 

I think it is time to publish my LONG TERM view on Silver. I believe within next couple of years we will witness a complete sentiment change on Silver as we getting out of depression phase of a market cycle. This change will manifest itself in a great rally to at least peak price of 2016 year which is $21. Later it will gain much more after possible retrace. As...

pbartashevich Updated 

Finally WTI has finished its correction by producing a weekly pin of weekly 200SMA and 0.618 fib. Next move will be back to 2018 high area as outlined on a chart. No much to say here. Good luck!

pbartashevich Updated 

This is LONG TERM view on USDCAD. I was waiting for Bat's PRZ re-test to publish this idea for USDCAD. Currently USDCAD is bumping the top line of the channel on chart. Once it fails and drops below TL this idea will be enabled for shorting. Targets are: TP1: 1.29 TP2: 1.22 TP3: 1.20. I believe $1.20 for USDCAD is a CRITICAL level. Going below it will...

pbartashevich Updated 

DXY is still distributing. No doubt it will go lower. It is just a matter of time. With this idea I am just refreshing chart of my original DXY idea.

pbartashevich Updated 

This surprising $50 XAUUSD rally looks to good to be true. Huge AB=CD Harmonic pattern has been printed on Friday. While it hasn't been confirmed yet let's consider it as potential but very promising pattern. Given its multi-month size it is capable to start mid-term downtrend. Targets can be identified using Fibonacci levels as shown on the chart. I will be...

pbartashevich Updated 

I was waiting for price to come back up to the top to publish this idea. Like expressed in previous ideas gold is bearish mid-term and due for a correction to at least $1230. Here at the top, I think, we will range a couple weeks at least giving multiple opportunities to get best shorting opportunities. TP1 - $1230. TP2 - $1200. This is Mid-term opportunity that...

pbartashevich

Quick long term idea on USDRUB pair. It is heading to $57 during second half of 2019. Maybe the move time frame will spill into beginning of 2020.

pbartashevich Updated 

Hello Friends, This is complementary idea to long term CPG idea (linked). Yesterday, CPG has completed Reciprocal AB=CD pattern and produced a bullish daily candle. I believe that correction from $4.46 to $3.33 is over now and CPG is ready to rally to its next target at around $6.21. That would be a retest of once major support break. It also coincides with...

pbartashevich

Quick idea about best performer in Gold mining sector. I looks like it is building Wyckoff distribution pattern. It is too early to be 100% sure BUT be cautious and take profit or hedge. Short scapling also very good here. I also just published supporting Gold idea. Good luck!

pbartashevich Updated 

Another Oil and Gas company setup is ready for a potential "double your money" rally. Initial position can be made here. This is long term play which will require patience for a couple years to realize all the gains.

pbartashevich Updated 

I was watching KHC since it hit news streams with eyes opening 25% drop opening waiting for it to show some strength. I believe daily chart and weekly as well finally giving us a signals to go long or even invest into Kraft Heinz Company longer term. We can see on a chart stopping volume on a gap opening day. RSI divergence on daily and RSI going above 30 today. A...

pbartashevich Updated 

Hello Friends, I would like to stress the importance to check higher level TFs candles to get and idea if rally can continue after such a lengthy run. In this idea I want to demonstrate that monthly candlesticks analysis with a little hint from Elliott Waves can show that SPX rally will continue if 2815 is broken up. I personally believe that it is very high...

pbartashevich Updated 

Euro Dollar pair is printing bullish BARR pattern promising a potential sizable long move once bump phase is completed. BARR is a long term pattern so it my take weeks to complete. Entry points shown on a chart. Cheers!