Rykin_Capital

Rykin_Capital Mar 9

Our last game take on PM centering on a bullish butterfly gave us profits on that very healthy looking impulse up. Now, it is time to come back to reality for this stock. RSX wise - out of OBOS territory, while crossing the MIDAS line. vWAP/US show gradient of trend and are resistant and in alignment. The technicals below have been divergent for a very long time,...

Rykin_Capital Mar 9

Early bounce off support now, full steam ahead to the upside , crossing vWAP and US in the second last candle. Now MIDAS crossed. Below oscillators have or are about to turn bullish, reflective of the upgoing candlesticks. This is an AB=CD as far as I'm concerned and Kennedy channeling for stationary goals in any parallelogram structure applies.

Rykin_Capital Mar 9

I called tops too early last time I looked at Mastercard. That's why you have stop losses. It is a common feature I found when using Elliott, that there is frequently one subwave that is left unaccounted for, causing one to call pivot prematurily. But calling pivot is never easy no matter, which tactic you use. Similarly, vWAP derived reversal to mean...

Rykin_Capital Mar 9

My last idea on LLY proved to be very profitable, so here are the early signs of a pivot at hand. Technically, the indicators flipped almost in unison, MIDAS crossed. And just look at that fat bearish candle setting the tone. It is this constellation of factors that gives one confidence to profit from the plunge. Strap yourselves in.

Rykin_Capital Mar 9

Betting on a triple drive formation here, while stock price is correcting from the last drop. None of the technical indicators have turned, yet, although they appear to be about to. This is a discretionary idea with increased risk, as there is no signal until an indicator produces one.

Rykin_Capital Mar 9

First target is the channel resistance, then a 1.2 extension on that, which coincides with a 0.618 retrace on the previous drop. Otherwise, the technical in unison are praising the bulls.

Rykin_Capital Mar 9

We are inside of a triangle, now confidently heading back down off a resistance. VWAP/US duo is resistant and above generally bearish candles, MIDAS is crossed and VZO plus signal offset crossed a few candles ago. BB%PCT is increasing in the negative.

Rykin_Capital Mar 9

Downward five wave impulse complete, now bullish engulfing taking price action out of 1.618 vWAP extension cloud, signaling off a pivot. Stoch RSI has just fired off a signal, and yes VZO usually lags it. BB%PCT is heading towards the zero line, meaning weakening trend.

Rykin_Capital Mar 9

Plus a reversal signal on the 1.618 vWAP Fibonacci cloud exit. Its a risky reversal take, so a stop loss goes right where the cloud starts up again. We can enter the cloud, but cannot exit in it without calling quits. None of the lagging indicators have fired off yet, which is common on pivot/reversal takes.

Rykin_Capital Mar 9

Looks like an end to an Elliott impulse, with the standard 2-4 line and momentum divergence intact. Posing an entry as MIDAS line along with BB%PCT were crossed and crossed the zero line respectively. VZO and Stoch RSI are unreliable because they do not reflect price action here, probably due to all that recent barbwire trading.

Rykin_Capital Mar 7

RSX Divergence and crosses on volatility and stochastic indicators below. A strong change in flavor of candlesticks now, despite no cross of MIDAS. This one has been climbing for quite a bit, and now it might be time for a correction if just a temporary one.

Rykin_Capital Mar 7

Triple Drive/ABCDE B Wave of a zigzag....maybe. This is a bet on a E Wave yet to form. If fractal rules are obeyed, then next move should be a 1.2 of the previous, which aligns in a very nice Fibonacci cluster at 0.786/1.272. Naturally, the indicators below have just turned to bullish as well almost in unison.

Rykin_Capital Mar 7

An interesting fractal picture here. A very flat AB=CD here with a triple drive inside that is bullish. Now looking to the upside. VZO, vWAP, US crossed, BB%PCT heading to the zero line. Kennedy channeling gives some stationary goals.

Rykin_Capital Mar 7

Strong bearish candle starts the picture painting. MIDAS cross follows, along with divergent RSX now out of OBOS territory. Would you look at that long combo on BB%PCT, now flipping to bearish. Interestingly, VZO and Ehlers Stoch RSI have been chronically divergent along the fifth wave, which is often seen. Fifth wave has often been attributed to traders big and...

Rykin_Capital Mar 7

ABC zigzag complete, now out of OBOS territory and MIDAS curve crossed. vWAP is supportive. BB%PCT crossed zero line and growing, VZO ribbon cross noted as well. One higer low established also. Let's go!

Rykin_Capital Mar 7

Sharing 30 day and 6 month annualized PNL and performance relative to the bitcoin market. Your average term deposit will yield 3%, Mutual funds might net 25%, black box brockerage houses will net 50%-60% per annum. We had no difficulty beating all the odds to come out on top. Enjoy the views.

Rykin_Capital Mar 6

ABC ZigZag complete. We retraced an upward move, to bounce off a recent low of lows. VZO, Stochastic threw off signals, US and VZO are supportive now. The bullish candle crossed 0-B zigzag line. Good luck and don't lose capital.

Rykin_Capital Mar 6

A pretty clear bounce of a long term trend line. Four indicators paint a picture of bullish move here to follow.