JoelTCampbellJr

JoelTCampbellJr

In these charts I show support and resistance levels for Mega Cap AMEX:XLG , S&P 500 AMEX:SPY , Mid Cap EGX:SPMD and Small Cap Stocks AMEX:SPSM . If the saying is true that some tides rise all waters we see that Mega Cap is leading the way and soon to follow should be the rest of the crew. This is what I am watching for in the markets today. If Mega...

JoelTCampbellJr

My humble thoughts on this phase of the elliot wave zig zag portion. If we break below C then this will be the last leg down and not much further to go. That would complete the ideal ABC zig zag structure. If we instead push up to D then we either completed the ABC with a flat bottom or we move on the the rarer ABCDE zig zag. This ABCDE zig zag would coorelate...

JoelTCampbellJr

I believe we are experiencing a correction wave A B C movement and if we see the double bottom I drew then we can call that about halfway with our full correction wave. I am leaning on the side of a full 10% correction and we are only nearing 5% at this point. The next 2 days are very meaningful.

JoelTCampbellJr

GE General Electric looks bullish with this continuation pattern. We can see a 2 falling wedges within a falling wedge. Check out my Youtube Page for more details on the markets I covered GE recently in a video. The fundamentals look pretty solid as well this one should do well short and long term.

JoelTCampbellJr

Ethereum is facing strong resistance between $1200 - $1233. I expect it to trade sideways a bit until it breaks out to retest its recent high of $1350. A retest of $1350 should push it to and above its ATH (All time high) quickly since institutions seem to be running out of ETH. Happy Trading!!

JoelTCampbellJr

#Bitcoin is ready to confirm an ascending channel. The low RSI and the MACD formation all seem to agree that we are ready for the next move upwards. Watch for a bounce off of $3700 to confirm its move upwards. Happy Trading!! #BTC #Crypto #Cryptocurrencies

JoelTCampbellJr

Both Ethereum and Bitcoin have shown a similar chart pattern breaking outside of the symmetrical triangle. This confirms the move upwards and the bull market remains back in session!! Happy trading!

09:07

JoelTCampbellJr

Hello All, Just wanted to share my thoughts and help take some of the fear out of the markets. We should expect things to trade in there normal business cycles and I think BTC and ETH are trading very reliably right now. I believe in the long run that ETH will out perform BTC in terms of multiple gains from here to the end of the cycle and now is a great time to...

JoelTCampbellJr

Warren Buffett need I say more. BRK.B is trading on towards the middle of its long term support line in blue and towards the top of its short term channel in orange. I start to get interested in buying again if it touches the bottom orange line and would be a strong buy if it touches the bottom blue line. I am currently holding 9/11 $212.5 Calls Break Even...

JoelTCampbellJr

A

JoelTCampbellJr

BTC and ETH have broken out into bullish patterns. Let’s see if we can push it up and not trade sideways

JoelTCampbellJr

BTC and ETH have broken out into bullish patterns. Let’s see if we can push it up and not trade sideways.

JoelTCampbellJr

Ford looks like a buy here trading at the bottom of its channel. Ford was a better performing in the past when the gov bailed out the autos. Ford continues to be a leader with its new business model of pre purchasing. Defund the police could cause privately run law enforcement to purchase vehicles also.

JoelTCampbellJr

Kohl’s will be one of the winners in its category. School shopping should boost sales. People are starting to ease up about social distancing. Kohl’s also has some agreements with Amazon and I could see them doing even more together in the future.

JoelTCampbellJr

Berkshire is looking mighty tasty at these levels. As the economy continues to ease back to normal I think Berkshire will do well.