FreedomBuilder

FreedomBuilder

I believe Conn is setting up for a major move up. Wave 2 of a much larger wave is about complete with an ending diagonal wave C. Wait for the break of the red horizontal line to confirm larger wave 3 is on the way. Trade at your own risk. Good luck!

FreedomBuilder

Hello everyone, I wanted to share with you all what I'm seeing with ally. I believe Ally has completed a flat wave 4 correction. I have outlined 2 pink lines, one will invalidate the flat correction thesis and the other will validated. In other words if Ally breaks and closes below $44 the pattern will be invalidated and a larger correction will probably be in...

FreedomBuilder

Hello Everyone. I wanted to give you guys and girls a heads up on XOM. I'll Like to share what I'm seeing. Lets start with the euphoric sentiment around the energy sector. As you may know there's a lot of bulls right now calling for oil to keep going up and along with it, energy stocks. When I hear euphoric chatter around a sector or a particular stock, I like to...

FreedomBuilder

Hello everyone. I just wanted to bring this to your attention. There's a very high probability WTI will pull back significantly. As illustrated above, I believe Crude is almost completing the final wave 5 of what I believe is a wave 1 of a much larger sequence. The wave 5 is a complex, one called ending diagonal. If I was long on oil futures I would be closing my...

FreedomBuilder

Hello everyone. I was looking at FORTH/USD and seems to me that we have put a temporary bottom or even a final bottom. As you could see, there are 2 factors that give me confidence we are ready to move up. 1. The completion of a wave 5 sequence and 2 the completion of a bullish deep crab harmonic pattern. I except an explosive coming soon. My targets are 1) $17,...

FreedomBuilder

Hello everyone, I just wanted to share what I'm seeing on the relative strength of the dollar. I outlined a possible completion of wave 1, which is very near Imho. I would be very careful shorting stocks. If you're a swing or long term trader. I believe the best time to short this market is when wave 2 is completed. For now I would be very cautious. Too many...

FreedomBuilder

I believe Facebook has enter wave 4 corrective move of a large wave 3. I've illustrated where I believe wave 4 will bottom before the accession of the final wave 5 before a VERY SEVER LARGE correction. As you can see, there's is also a potential bullish Gartley harmonic pointing to a potential bottom and happens to be right at the completion of wave 4 before the...

FreedomBuilder

I thought share my thoughts on the airline industry. I'll just share my thoughts on Delta Airlines. As many of you may know the sentiment for airline stocks are very bearish due to the pandemic. I believe Delta is about to surprise many. I may be wrong but my analysis of this stock is very bullish. I outline a potential wave 3 move of a much larger wave 5. If you...

FreedomBuilder

Bitcoin needs massive liquidity In order to move to $100k and beyond and the only way that's possible is to hit all the stop losses sitting below 28k. It all makes sense if we look at the potential harmonic pattern forming. There's no guarantee but if we brake and close below $39,500 there's a MASSIVE probability we head down to around the 27k mark. Think about...

FreedomBuilder

There's a lot of uncertainty in the markets right now, hence the spike in the relative value of the dollar. A lot of investors in the world are flocking to the dollar. They believe a crash is coming and best believe it is but not before the biggest blow off top ever. The meltdown will be devastating but not until you see crude oil reverse. Crude oil bullish move...

FreedomBuilder

Potential Bullish Deep Crab pattern forming on EUR/USD. I think we're about to bottom for a while. I think we are in wave 2 of a much larger wave 3 as well. The US dollar relative value(DXY) is about to top off. A much larger wave of inflation coming to the US, Maybe even temporary hyperinflation.

FreedomBuilder

A lot of confluence around 51k range. 1st we may have a bullish shark harmonic pattern completing around $51,600, Second we may be pulling back to .618 fib of the last impulse leg, which Bitcoin loves doing and it also happens to line up with the bullish shark pattern. 3rd we have a major trend line which also lines up with all of the above. I also think we are in...

FreedomBuilder

USOIL may be setting up for a big move soon. Potential Bullish Gartley forming at a key support level . Crude is in a bigger trend than most people realize. I believe we are completing the abc correction of waive 1 within the 3rd larger Elliot wave you see in the chart above. Crude may be heading to 1$150-200+

FreedomBuilder

Every time I'm in doubt, I zoom out. The 10 year yield has been Consolidating in a channel for a while and it broke down and now is back in the channel. This is telling me rates may run up to at least the top of the channel around 3%. This will put pressure on the tech sector and high growth stocks. I believe the best place to be in this markets, is either out or...

FreedomBuilder

Citi has been consolidating in a range for over 7 months. I believe the price will start moving up very shortly. You could see higher lows forming at the bottom of the range, indication of accumulation. The chart looks promising and the fundamentals say this is very undervalued. Check out this 2 links below. The 1st link is Bank of America marketcap, Sales,...

FreedomBuilder

I believe Gilead has made it's final low on Oct 29th. These Wyckoff accumulation patterns are very powerful reversal patterns. I will be more convinced if price breaks above the red line resistance. If that that happens, , I will start adding GILD on my portfolio. Good luck everyone

FreedomBuilder

I'm watching this stock closely. A bullish Gartley has formed on Verizon. I do believe we have bottomed and it may be setting up some type of bottom formation( accumulation ). A break above $54 will be my signal to look for long and ride it to at least the top of the channel around $62.

FreedomBuilder

Man I'm loving the price action of ET right now. As you could see it's stuck and a range, indicating accumulation or distribution. What I find interesting is the volume spikes at the lower end of the range. Pay attention to last volume spike. We obviously see a lot of selling volume, much higher than previous volume close to to the bottom of the range. Notice how...