I proposed a bear market rally analysis towards the 23500 to 25800 zone over the coming weeks, looking at a great depression chart, this looks eerily similar . I'm viewing this rally as a fake out rally and using tight stops. We are still oversold so I think we will see 25k, we may see some small falls as show in my additional a,b,c,d,e (blue) overlay. I plan to...
I see a short term rise in HROW as our current right shoulder of what looks to be a weekly head and shoulders hit a 61.8% Fibonacci retracement level with Stochastic RSI being as oversold as our last oversold areas. I drew two potential rises using some bear rally based Fibonacci Retracments, I feel we will follow the trajectory towards the one that overlaps with...
Bullish over the coming weeks, need $5.30 weekly close or more, estimated weekly chart attached, bullish engulfing weekly close and technical divergence of oscillator points up, daily is somewhat overbought that's why I show a dip in wave A to an estimated .382/.618 intraday level of probably $4.00, before taking over over the coming weeks towards higher levels..
short term bullish sentiment has not changed for me, 23-25k before the big fall
In every market cycle the minds of the many go into 'doom and gloom' mode, thinking of the worst, absolute failure, default and the end times. It is the same reason the end of dayers always place end times dates on the world...The 99 to 2000 switch, the Mayan Calendar Ending, etc... Biblically and I do believe in the bible and end times, this may very well be...
CRBP HUGE VALUE PLAY AT LONG TERM TREND SUPPORT! big bounce coming!
need a daily close with a close open and close, if we do we may close with a "bullish Harami" which may lead a bounce towards 23-25k on the dow over the next week
WFT Bullish, lagging oil bullishness a little, but when the rising prices flows to our EBITDA im convinced we will rocket north! Since the markets are forward looking, our PPS may reflect this sooner than later
Rp = Retracement Price and Fr = Fib Ratio Fibonacci Extension = Rp + Rp x (1/Fr) Fibonacci Extension = 6.57 + 6.57x(1/.382) Further Reduced = 6.57 + 17.20 = $23-$24 This assumes .382 holds and is confirmed by some intraday closing above 7.50
WFT Short term Technical Divergence to .74 then to .82-.83 next resistance level. I see short term bearish technical divergence underway and a possible test of .74-.75 over the next day or two (but very quickly, don't try to sell then buy just add the dip). We are in a pretty strong intraday trend so I see a shallow .236 fib retracement and then a rally toards...
Step up to Daily to continue 4 hour analysis to 1.88
WFT Ultimate Intermediate Term Price Target of $1.88-$1.90 zone in line with fundamental analyst projections of $2 'true value'. Last chance to buy as bullish technical divergence and bullish candlestick formations combined with a confluence of many indicators are pointing to a pop to an above $1 soon! The termination at 1.88-1.90 is wave 5 from my 4 hour chart
Ichimoku cloud resistance combined with Fib retracement of .618 has a short term swing trade target at $7.34, clearing this will lead us to $7.75 zone. We need to break above $8 for short term bear pressure releaf. We need a solid break and muliday closes above $9 to put our bull trend back in track and a continuation of our higher order trend in place towards the...
Looking at the MACD oscillator you can see since 2015 it has been making higher highs just below the signal line. If you keep the Ichimoku Cloud active and drop down to the Daily timeframe you will see that recently the green line has slightly crossed above price as the upper region is crossing below price. Zooming in on the Daily and intraday you will see a...
a break of 5.75 could lead us to 4.40 but i don't think it will
buy wft like right now, hold until $1.35
Bullish NH, buy at .86 to .92 support, Sell limit at 2.50 over intermediate term, may sell at $1.35 and buy back in the low $1 range and catch the swing to mid 2s