Erictaylor

Erictaylor

If this is drawn correctly, and for now is speculation, this could turn into a potential rising wedge here or channel. If we end up seeing a rejection and sellers starting to come in, which on the weekly haven’t seen come in yet, this could give spy time to considlate/ turn into a smaller timeframe downtrend. If this occurs it can give a great chance for spy to...

Erictaylor

Based off fibextensions a key way to call a potential top is a full extension move. 4.236 usually in 90% of times can call a top of a big parobolic move. If you look at BTC for example to draw a fib exnesntion of a high of sideways channel to low of the channel it gave us a 73k 4.236 extension which exactly topped it to A T Now on NVdA of course this would...

Erictaylor

Looking like a W breakout looming here 302-300 is key range /zone. Looking like a great longing postion here

Erictaylor

After a monster run off the bottoms I’m thinking it’s looking like time for a correction. This won’t be a bad thing at all can give us a chance for a reload. I like the 13.50-14$ area on a backtest of channel breakout as my idea. I’ll be patiently waiting on the pull back in. Could add some shorts and play the down move into the rebuy on backtest

Erictaylor

Road to 5$ first and much higher. Flagging pattern on 15 min has broken out and we are seeing a backtest as support. First target off that bull flag is 3.90 Will we see 4$ today ?!?

Erictaylor

We are on a cool off period but don’t be tricked. This is on a key breakout of a sideways considlation. We are flipping that previous reistance of the channel considlation prior Into new support. It could take more time to build a considlation pattern on top of this but overall chart is a banger. We should contiue buying this on red days and holding.

Erictaylor

This one has been a sweet trade for me. I didn’t get to post about it. Howver curently we are on a breakout of an uptrend channel. We are in a smaller correction 138 is big support of this potential smaller flagging considlation. If 138 breaks down I’d be buying the dip arpund 136 as a beck test of the channel breakout. If we pop 143 and hold as support then...

Erictaylor

Failing wedge/ flag is still remaining in tact. We did breach the support of it Howver we bounce off key uptrending support and candle body remains within the wedge. Signs of bulls are still showing strongly. Correction period should be coming to a close soon within a week

Erictaylor

Soun ai has finally seen a potential breakout of a long brewing pattern considlation. 3.35 has been a horizontal reistance for a while but the true breakout for me is the 3.22. We just broke out of a smaller symtrical trinagke on the 15 min causing a large push up towards 3.40 Now is the time to pay attention. If we can backtest and control 3.22 as...

Erictaylor

Great run for this beast but we have hit critical reistance. It’s time to start taking profits. I see this as a key reistance a solid 50% pull back should come on over next few weeks. Don’t think we go above 11.10

Erictaylor

Finally Tesla has found a key reistance here. It’s due for a large pull back here. Been striaght up for 2 weeks. Now we are reaching a key reistance level between 264-266 MAX. Personally from my TA Tesla will not close a weekly candle above 265 I’m looking for a pull back to 220-215 on a big correction that will last a few weeks.

Erictaylor

After a great rally Amazon has now touched the previous trend support as reistance. If Amazon fails to break above 130-133 area and close above then Amazon wil see a large pull back from this point. Entry as close to 130 as you can stop yourself above 133 and you may see a very very large bag of profits

Erictaylor

As we get up into this overall rising brodening wedge netflix is starting to see a potential toppin area. This is a solid area to keep a close eye on between 450-452 Overall trend break, dropped netflix hard. Been in an uptrend rising heavily for a while. Got a big blast off the W pattern recently launching us up 140$ from 313 low As we approach previous trend...

Erictaylor

This one is a little guy flying under the radar. It’s getting extremely tight here. Monster reistance at 3.34. Seems to be continuing to hold up just under 3$. There’s only so much time left in this considation and we contiue to bash our head against 3.34 reistance. If it gets one more leg down then 2.60 is huge support and would contiue making higher lows as...

Erictaylor

Has been very boring for a while But the pattern is becoming quite clear. A bullflag or fallinfnwedge is building nicely. As long as btc remains above 24800 and doesn’t break and close beneath this can be setting up for a bullish consildation We have been patiently waiting for weeks for soemthinf to show up. Finally The pattern is almost complete. We are...

Erictaylor

Line chart shows it all here. Tnis is teslas decision point. We have a potential 3rd lower high lerking here. We have had 2 lower lows put in below. This can look like a bull flag here as well, but we have to wait for a confirmation breakout. Off line chart we are showing price is just sitting here at the key reistance. On a daily EMA perspective that...

Erictaylor

This is an AI play along with nvda goog Msft TSM C3AI and many more. This is a cheaper stock and could see a significant rally if nvda contiues to hold up on these highs. This will be a sneaky mover to watch. Old reistances is 5$ and 4$. Curently it’s 3.40 in premarket. Ke support 2.90-3$. If we get a big move 4-5$ is solid area of reistance. If over...

Erictaylor

Pushing on key key levels. Downtrendinf reistance from the last few lower highs aroun 104.6. If dxy pops and holds as support it could be headed to the neckline of this potnetialW we have been talking about forming since 101 area. Btc is coming into old recent low of 25,850 which can be a double bottom setup also over some time… Howver if dxy is going to contiue...