grahammk

grahammk

As many of you know I am ultimately a conservative trader whose #1 priority is to Protect my Capital. As such I have come to watch for this exact Setup, a Perfect Setup, to take advantage of an emerging trend having just broken out. I am constantly looking for this and when I find it I have yet to lose. Other than what I've explained on the chart I also had a...

grahammk Updated 

As of the middle of February HOOD broke out from a 2 year long Trading Channel and immediately began to form a 3 month long BULL FLAG Formation that as of this past Friday February 17th it broke out from closing at $20.09 for an increase of $2.19 or 12.23%. Their recent quarterly Financials were also very good for the 5th quarter in a row with the Earnings Report...

grahammk

I'm just trying to make this as simple as possible without creating too much "Lost in Translation". Predicting the price of any stock let alone Bitcoin with certainty is challenging, but several factors can support the hypothesis that Bitcoin could reach $200,000 by the next halving in 2028. Here are eight key points to consider: 1. **Supply Shock from...

grahammk Updated 

This daily chart is using a Fib Retracement Indicator starting August 24th,2023 to document the potential top of NVIDIA's run. Coincidentally the bottom of the Harmonic Pattern showing the double top is in almost perfect alignment at the Fib Line of 4.236 or $845.54 which should be the point of exhaustion for the run yet the price went higher up to approx.$967.00...

grahammk Updated 

Looking at the Timed Cycles for C3.ai I used the Timed Cycles a year ago to predict a 30% price movement and although the timing was off a bit it did hit my target. So here we are again 1 year later and based on the price movement of the stock for the previous 2 quarters I'm of the opinion that History will repeat itself. I also added in a Ghost Feed of projected...

grahammk Updated 

Well finally there's something to look at. Ascending Triangles usually breakout in the direction of the Dominant Trend before the pattern formed so my expectation is a drop to $223 in the near term. The MFI is also pretty weak and the TSI is looking like it's about to break back down below the center line in the next week. Overall this is Not looking Bullish.

grahammk Updated 

I have always said that Price will follow the Money Flow Index especially when you have Neutral Price Action or a price trending opposite to the MFI; when there is a Strong Divergence contrary to that Price Action I've found that 96% of the time the Price will correct to follow the MFI either up or down. In this SMCI 4 Hr chart you can clearly see one set up from...

grahammk

My thoughts at the beginning of the year in looking at the NDX was that it had formed a double top and it was due for a pull back. Well I was definitely wrong on that as it has continued to surge ahead, imho, against the odds. This weekly chart is now showing the Potential High from the breakout of the Cup and Handle pattern as well as Breakdown targets.

grahammk Updated 

This Weekly Chart - Looking at the most Basic scenarios, the NDX 100 has been on a Tear since the beginning of January 2023 after a basic Tech Sector Crash through 2022. It's now clearly in a Double Top Sell Scenario however the upper trend is still showing some Robust Bullishness so I've presented 3 possible retracement scenario's. #1 is a Hiccup, #2 is a bit...

grahammk Updated 

Continuing to look at C3.ai the chart appears that a bottom might be near. A falling wedge pattern is well defined within the LongTerm Downtrend. Also within that as identified in a light blue horizontal box is the current trading channel of approximately 6 weeks. The TSI is still relatively weak but overall neutral along with the MFI. The most recent bearish...

grahammk Updated 

I always say that Price will always follow the MFI so when you see a strong Divergence between the MFI and the Price Movement it's only a matter of time. I've shown my Price Point Expectations in the relatively near term though it generally doesn't move too quickly.

grahammk Updated 

Watching Nvidia over the past year has been nothing more than stunning, especially for those than missed the ride. However, there's quite a lot going on here still, especially fundamentally but looking at the Chart it may be running low on steam... or has it? The currant long term pattern is showing a bullish Wedge formation with a potential breakout within the...

grahammk Updated 

This weekly chart is showing that since September 11/23 Bitcoin has been on a real Tear advancing approximately 65% in 3.5 Months and during that time it traded well above the 7 day EMA. Last Friday however it broke the plane and today's candle shows a clear break back below the 7 day EMA. There is not a lot of support though along the way to prop it up and as the...

grahammk Updated 

This is the lowest MFI in over a year and yet the price has not fully moved to match the exodus of money flow. My expectation as shown is $172.30 in the near term and then another assessment should be done. 99% of the time price follows the MFI. Notice how as apple was making new highs 3 weeks ago there was a negative divergence on the MFI; Dec.18 was the optimum...

grahammk Updated 

Tesla broken down into the most basic indicators is Oversold. Since June of 2022 Tesla has reversed each time when the Money Flow Index has come close to or crossed the 20 Line and once again is encrouching on the 20 marker and remains Bearish. The TSI is still showing the current trend as continuing. Right now yesterday's candle has settled into the 1st Long...

grahammk

I'm not in META, just reading the chart and all the signals for support and several Sell Signals clearly visable in Advance. For those of you caught off guard consider what you see here for future reference. The chart was breaking down well in advance including that the stock has been Far Above both the 50 and 200 day EMA's that realistically has not been...

grahammk

Just looking at ai for the first time in weeks and it's trading as expected. May even hit $19.00 because as at Friday the 50 and 200 day EMA's have converged and if the 50 completes a bearish cross of the 200 my target is highly likely though it could have a small bounce at $21.00 The MFI is showing Neutral and the TSI remains weak. As well since September 7th...

grahammk Updated 

Looking at this Tesla Chart there is currently Nothing Positive that I can see even though the Long Term Trend is an Upper Channel. Within that channel Tesla continues to follow along the bottom of a shorter term Pennant Pattern and may be primed to Break Down Further with Bearish Signals all over as indicated, including a Bearish Divergence on the MFI, a Bearish...