JoeyStevens

JoeyStevens

Discovery Inc (DISCA) has retraced its November gains substantially however the bullish trend shift appears to still be in tact as of now with price sitting on the 0 level of the Fibonacci extension. With big moves still in the works I'm giving the bullish trend all of the credit and with LEAPs being cheap at the moment this assumption may just pay off big time....

JoeyStevens Updated 

Fibonacci timing seems to fit well within the recent VIX action and showing a stock market crash may be coming around July. I'll be looking at UVXY calls as VIX trades down into 14.00-15.40 or July whichever comes first.

JoeyStevens

Since january the volatility in BLIAQ made it clear that it was going to make a massive move soon one way or the other.. potentially in gamestop fashion for upside however caveat emptor status may have shut down this move entirely. The fibonacci potential took a hard shift since the low the market makers artificially created on June 3rd. Caveat emptor status...

JoeyStevens

AMC short squeeze is looking good for an entry in $35-40 and selling in $85-95. Stop loss $30

JoeyStevens

Recent quarter saw the first income for this company since IPO after a record 84% increase in revenue. In an aggressive move the company raises $250m through issuance of new shares to fund the acquisition of appliancesconnection.com and business operations. The out performance of the quarter combined with the share holder dilution creates enough volatility to be...

JoeyStevens

Scanning the markets I often find identical or near identical charts in similar spaces. The penny market is no different. This chart in particular is one I've been hunting out and buying every where I can find it. In each case it shows a substantial correction after massive gains in a single wave with the potential to run 2000%+ but also many of them show the...

JoeyStevens

Solar Integrated Roofing Corporation provided preliminary guidance for 100m revenue in the next 12 months. Their strategy of acquiring similar businesses to generate in-organic growth would prove successful if they're able to deliver on this goal. Recent trading action with the correction is in part driven by the acquisition of Montrose Companies, Inc. and the...

JoeyStevens

RECAF ran more than 1000% since November and was in need of a healthy correction. Fibonacci trading seems to show a 50% retracement is coming and $3-4 is a good area to accumulate at

JoeyStevens

Highlighting Bitcoin's seasonality and favoring of the month of November and using the Fibonacci extension to guide price action expectations shows Bitcoin's last push up this run is probably going to be in at the end of 2021 and may see prices just shy of 200k. The bear cycle takes a year and also ends around November providing guidance to look back at Bitcoin...

JoeyStevens

A delay in the court proceedings due to two objective petitions against the restructuring plan. Court will re-convene on June 15th. I'd say this put a crack in the market's expectations about the plan going through, previously operating on the information of 90% of creditors approving the plan and seeing some doubt now. The low of 0.13 is higher than the previous...

JoeyStevens

Fibonacci trading + speculation about catalysts. Thai Airways debt restructuring and economic re-opening returning Thailand's tourism industry could make this Fibonacci potential a reality. Consider that the Finance Minster of Thailand is a 50% stakeholder in TAWNF and that 90% of creditors have given the green light to go ahead ensuring strong incentives for the...

JoeyStevens

Fibonacci trading potential for XMRBTC showing the long term bearish trend may be broken. Has the crypto community finally waken to the fact that Monero is what Bitcoin promised?

JoeyStevens

Some price expectations based on Fibonacci retracement and extension

JoeyStevens

Future cloud predicting further lows. UO not oversold. Major support level busted. Expecting further lows

JoeyStevens

Bollinger Bands identifying possible breakout (Bollinger Squeeze). Ichimoku future cloud is bearish

JoeyStevens

Ichimoku Cloud for Monero BTC