honucap

honucap Updated 

HIMS has reached its A wave retrace of >.786 (i.e. 'B' wave is complete). Started short today. Will cover short when price < $19, or price > $31.

honucap Updated 

MELI has hit its Elliot 'b' wave target. Entered short today with a stop loss of $2200. Will cover short on 'c' wave completion around $1500.

honucap

MELI reached B wave target. Potential 20% drop in next 4-6 weeks. Buying put options to capture the C -wave drop.

honucap

6 week trade: Expecting the C Wave to complete the 1.618 Fibonacci Extension to the downside. Stop sell set at high of 5/3 @ $514.

honucap

Will the next 30 years in US stock market be better, or worse, than the performance after Japan's bubble bursting?

honucap

SNOW testing the wedge support once again. Move up rejected at the VWAP from recent high.

honucap

Support at anchored VWAP from recent low and at bottom of wedge. Will stop out tomorrow if the support breaks.