tristan.rhodes

tristan.rhodes

This is my first attempt at a 1-minute idea. Step 1: Publish the chart to record current condition. Step 2: Enter text within the 15 minute editing time-frame! The market has coiled up nicely, consolidating from the big drop. It appears to be a breaking down, but keep a stop above yesterdays highs (196.07). Good luck!

tristan.rhodes

The recent peak at $73.61 was exactly a 1.61 retracement from the 2007 peak to 2008 bottom. This is often a place where stocks will find resistance. Additionally, this stock has broken down from a bearish wedge, which suggest a fairly steep fall from current prices. I expect this stock will fall between the 0.50 and 0.382 retracement zone (the green layer,...

tristan.rhodes

TASR has completed a Head and Shoulders pattern and exceeded the target range, which would have been around $26. I expect that TASR will bounce up to a 50% ($29) or 61.8% ($30) retracement from the recent drop. At that point the stock will either head back down to support on the green trend line, or resistance from the red down-trend. I recommend going long...

tristan.rhodes

It appears to me that TSLA is either coming down from the right shoulder of a bearish Head and Shoulders pattern (green color), or it is bouncing down from the top of a trading channel (purple color). Either way, the stock looks like it is going down. I expect a bounce on the channel support around $185. At that point, the stock can either climb back up to the...

tristan.rhodes

A month has passed, and the July candle didn't change the SELL signal of this indicator from the previous month. I did make some minor changes to the MACD values, which provided a slightly better buy signal at the market bottoms. I intend to update this algorithm (which I call TATS1) at the beginning of every month. If the markets rise enough to remove the...

tristan.rhodes

I wanted to play around drawing some more curves, and this is what I got. I don't put too much faith in these drawings, but they are fun to make.

tristan.rhodes

This curve drawing includes a green support line. I don't think these curves will be good predictors, because I can draw them with several different outcomes, even while keeping close to the historical curve.

tristan.rhodes

I noticed that the past two peaks have been signaled by monthly MACD values. Here is the logic: If Signal > 0: If MACD > Signal: Then BUY If MACD < Signal: Then SELL If Signal < 0: Then BUY This algorithm has only given 3 SELL signals in the past 20 years. Keep in mind that this SELL signal was more common in previous decades (1960's = 5, 1970's = 3,...

tristan.rhodes

Everyone says that curve fitting a historical price chart is a bad thing. So of course, that makes me want to try out to see if the popular adage is correct! This is a just a simple use of the curved tool provided by TradingView. Lets see if it works or not.... :)

tristan.rhodes

SHAK has completed a downward break from the neck that matched the distance from the head to the neckline. The stock has now paused and will likely bounce up for the short term. I expect the target will at least reach the lower left shoulder neckline. The target should be reached in the next few months. There is resistance at the red line which was defined...

tristan.rhodes

SPY has bounced off the 208 price at least 12 times in the past 7 months. Most recently, it bounced down from resistance at 208 two times. The multi-year trend line has been penetrated. I think that fear is going to kick in and SPY will drop, perhaps 25% to the matching tops of the past two bull markets.