AAPL, now at 170.78 on MArch-15-2024 :: Looks like broad flat pattern in progress in Wave4 ( Per EW , wave 4 is a consolidation phase ) Simple Strategy to investors. buy at cmp, Wait and buy again at lower trendline at around 167.5 Hold with conviction for 4 to 6 months Target price to watch --> 202-204
CVNA, now at 80.7 on MArc-15-2024 : Per EW, this is in wave4 of wave5 uptrend Buy few at cmp, Buy few if this falls to 65,52 Uptrend confirmation at 90.34 Tehreafter levels to watch --> 102.07, 109.32, 115.2, 121 Expected gains from cmp --> 50%
ADBE gapped down 14% today below the 200MA. Such a huge drop has confirmed that it is correcting the whole rally from Sept 2022. Expect a bounce and further downside into the 0.5 to 0.618 retracement of this rally in the monthly timeframe. In the daily timeframe, it would coincide with the zone between 420-450 I expect in April. Short-term bearish until...
LUNR, now at 5.9 on March-15-2024 : As per key observation of US stocks, Per EW there is high chance of retracing till 0.236 and the same happened in LUNR also. Strategy in investing in LUNR is simple. Invest little Keep strict stoploss at 5 Accumulate on miving higher levels at 6.61, 7.88, 9.14 uptrend confirmation at 13.25 Thereafter target prices to watch...
QQQ made a lower low and has already lost the 21 moving averages in 3 waves. Next Monday and Tuesday it may bounce before another sell-off, probably triggered by FOMC's decision on Wednesday. To me, it is not worth trading QQQ these few days with lots of chop. The volume has been light the last few days. It's better to move to a trending instrument like Gold...
A retracement before the 5th wave. 3rd wave is not extended. Higher possibility that the 5th wave might be extended. Confirmation comes with the break of the monthly resistance with a massive amount of volume. If 5th wave is not extended, a wave 1 is to be completed with an arbitrary form of retracement. A 3rd major wave will be prepared.
Observing some interesting resemblence of Friend3 to Cardano's run in 2020/2021. This underdog project with around 4 Million Marketcap is gonna shock a lot of people for shure.
I drew this in early Feb, and have since adjusted it with the pullback from 73k, taking into account the cup & handle pattern forming on the weekly. Expect some sideways, downwards uncertainty whilst GBTC outflows continue on the ETF front. As halving approaches closer, the fomo will reignite and blast upwards with the realization that there is not enough btc...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
wave 2 correction seems finished and is about to rally soon, if not tomorrow NASDAQ:ARM
After the confirmation of the next wave up, my primary count considers we´re now in gray wave 4 correction. The 50% pullback sits at 0.02630, which would be a great place to look for reversals in smaller timeframes. This count is valid as long as we stay above 0.02318 (gray wave 1 high).
looks like it’s either completed an Ending Diagonal in a 5th wave or it needs one more move down for its completion. Either way, with the massive negative divergence shown in the RSI, it looks ready for a big move up.
There is strong support and the bottom was tested again and rebounded from it. It is possible that we will see a large final wave rise in the shaded area above as long as it does not break its last low.. A big monthly rise is coming only if its last low is not broken.
Sharing of idea and shall not be treated as financial advice. Trade at your own risk.
bitcoin and gold were flying and now silver also flying price is overbought and it has made rising wedge chart patten
$PEPPERSTONE: XAUUSD #ElliotWave The gold projection on 15 15-minute time frame is based on Elliot Waves. This is only one of the views.
$PEPPERSTONE: XAUUSD #ElliotWave The gold projection on 15 15-minute time frame is based on Elliot Waves. This is only one of the views.
Today Rivian fell $0.19 cents below the 0.786 retracement fib and ended $0.01 cent above the 1.382 extension. Thankfully the 1.382 held up at least for now, and the price action we're seeing off of that bottom looks promising. We bottomed on positive divergence, had a strong raise higher thus far (almost 5%), and structure is looking good for that move higher....