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Hptz

SHORTING APPLE TO $75?The idea of shorting apple came from MikeSer in our conference call when I mentioned the huge gap between $80 to $76. My real target for short is 82 (Fib 34) - but why not make it pass the gap and go to $75 :) That will make the total down turn -44.25%, which is more inline with the other apple pull back. So short Apple at 92 - with target at 82.5 and 75.5? Long above 98.25? But my bias is SHORT because the Elliot wave looks like 3-3-5 (with the perfectly developing alternating wave 2 and 4) This chart is created with HPTZ methods from Triggers.ca (my appreciation to Andrew Long who created the HPTZ method)
NASDAQ:AAPLShort
by VivaciousVV
GOLD, HAVE WE SEEN THE BOTTOM ?After months expecting the bottom of at least around $1000, did the bottom came and gone without much of a BANG??? Gold has spotted the most perfect rounding bottom pattern, a long term reversal pattern. In addition it had broken a triangle pattern where it had been moving around since mid 2013 as well as 50 weeks MA (200 days MA on daily chart). Yes, that had happened several times on the top of the spikes during the move inside the triangle including last October. And it still has to break the red trend line. So we might still see a visit to the land below $1000. There is a trend-line from 2003 - 2005 around $925. If that is broken, we might go way lower. If this indeed a reversal - after a little pull back (I expect price will go down to 1125 - 1150-ish), expect a move up to 1254. The next target will be 1300-ish where the 200 day MA should be. Afterwards it should go to 1530-ish where the support of the top moves is located. See detail of target-prices in the daily chart NOTES: The blue box at the background is a Gann Box. I always amazed on how accurate Gann Boxes. Salut to Mr. Gann - GANN ROCKS !!!! This chart is created with HPTZ methods from Triggers.ca (my appreciation to Andrew Long who teach me how to do this)
FX:XAUUSDLong
by VivaciousVV
8
Possible turning point for BiotechIBB (Bio Tech ETF) had been on down turn since the last hurrah in July. It has been doing a beautiful correction A B C waves - currently at the end of wave (c) of C. Wave A is a double 0.5 X 1 move of the Gann Box Wave B is a 1.272 X 0.5 of the first Gann box. Wave C so far has been a 0.5 X 0.766 (although it might end up at 0.618 and 0.886 or 1) This movements are a perfect sample of alternating deep move short time - and shallow move long time ( A concept that I learn from Andrew Long). And since the move align perfectly to Fibonacci lines - I am giving my salut to one of the greatest mind in technical analysis WD Gann - GANN ROCKS. The price is in the middle of the side-way move after a hammer candle. While yesterday hammer might be the end if wave (c), it might still have some down waves. moving from the current position or going to the targets at 244 or 207 before turning up. A confirmation that the end of wave (c) is taken is needed before entering LONG Target entry is a fib above the end points. Potential target exit is on the green circles. Since this is my first posting, I would like to thank these people always patient to answer my questions and encourage me to do my first posting - BM from WallStScalper, DaftSimon, and MikeSer . Last but not least, my utmost appreciation to my mentor - the amazing - Andrew Long from www.triggers.ca who teaches me the HPTZ Method that I use to make this chart.
NASDAQ:IBBLong
by VivaciousVV