MCD tanked impressively lately. I had no clue why. Then I checked the News, which I very rarely do. There was one article that made absolutely no sense to me: "Concerns about weight-loss drugs: There are some concerns that the growing popularity of weight-loss drugs, such as Ozempic and Wegovy, could take away demand from food companies like McDonald's." To...
Every time CROX closed above the range with high volume, a uptrend followed. Will it be the same this time? Fundamentally, they say, CROX is a steal. Indeed, if I check the numbers and ratings, it shows me that CROX seem to be a really solid Company. Although my prior analysis pointed to the Abyss, I now are more interested in a LT buy in CROX. Let's wait for...
It's a little bit overdue... The Green line is a pressure line. I expect a short-term drop. Also, see RSI. PC4TWld
The squeeze to the upside was phenomenal! But in my view, they over-pumped it - who ever it was... The white Center-Line provided good support when price failed at the GAP/Resistance Zone. this zone is built just with the range of the GAP-Bar. After the CL support, meta reached the another temporary high at the orange CL, bounce back to the white CL again and...
The open was outside of the L-MLH and the HAGOPIAN is playing out too. Next Target is the Center-Line, which has a roughly 80% chance to reach it. So, I let my small position ride for a early Christmas gift §8-) Peace for the wold!
OK, this is just4fun peeps....or not? §8-) Seeing OJ at the U-MLH with such a exponential run up, it is at least worth a "Shot". ...of course with managed risk and money management! Don't go crazy with this LOL. Cheers ...slurp...slurp...
The orange Fork projects the pull-back potential, which is the Center-Line. There are 3 short levels I see: 1. The primary is way up in the primary Sellers Zone. Although this would be the most profitable one, it has a caveat: Price would by then have broken the Trend Barrier (Dotted slanting Trendline). 2. The secondary Short lies the Secondary Short level,...
Here we are, seeing the projection I posted on my site and here becoming reality. P4 was slightly above the Center-Line. How price is falling through it. Next Target is P5. Either the Warning-Line, or the Lower-Medianline-Parallel. In between I expect a bounce up to the Centerline. Also, keep in mind that we could get a HAGOPIAN! That means, if price is not...
Yes, I'm already short TESLA. And I want to load my boat even more. Here's why: 1. The grey up-sloping Pendulum Fork produces a big HAGOPIAN. 2. Price get's knocked on the head, every time it trades into the Sellers Zone. (Sellers are still there). 3. Red down-sloping Fork: Price got rejected at the U-MLH. That's it? Yes, that's it. If you want the very...
Oh my, I feel like a super Bear. Every Chart I see is creating a short setup. The S&P500 opened and close outside of the green L-MLH a second time. Chances that it will run up to test/retest it again are given by nature. But nobody can tell. So, I opened a small short position and I will track it closely.
Since gold broke out of the L-MLH, I was waiting for this opportunity. This is a nice test of the L-MLH. Be aware that it could drop and come up again for a re-Test of the L-MLH. So stops have to be places accordingly. As for the red Centerline, we also have to be aware that the CL was already reached back on Aug. 17th. So any accelerator could pump up GC back...
TSLA fell out of the L-MLH and fell down very hard, but did not reached the WL. That's a HAGOPIAN and hence we see price climbing up to retest the L-MLH. If we reach the L-MLH we could see the GAP filled. From up there I'l stalk a short since it's likely that it will continue to the downside. Trade with caution, markets are nuts §8-)
I see a drop below $400 in NASDAQ:NVDA And there's a nice potential for the target at the L-MLH. My inner Damon want's to short more, More, MORE! §8-) If you want to know from where, jump to my Blog before session open and find out!
This is my 100% believe, that the S&P500 has reached at least a temporary high. From here we will go down, at least to the dashed WL (Warning Line). We had the Open & Close below the Lower Medianline Parallel. But price couldn't reach the WL. So, that means we had a HAGOPIAN cooking. A HAGOPIAN means, that price will go further in the opposite direction than...
To me this is indeed a gift from the trading gods. Price retests the U-MLH a third time. So, if you missed the entry (see my website & YT channel), then this is another chance to bake some Bread, instead of Donuts. My stop would be a couple points above the pivot high. Watch my videos and posts about this trade to understand it!
Price is in the upper half of the swing and is in contraction - after contraction is expansion - trade is for expansion higher out of the minor contraction to a new high.
That's a bold call, isn't it? Here my analysis: - red CL hit 3 times and price got rejected - MACD kinda nice filter - Medianline rules in play: HAGOPIAN - overall economy is going down the toilet too - Gov's....not even worth a word Happy Santa Downhill, Hope You're Short Too §8-)
Perfect Re-Test. Interesting enough CPI news pushed price up to the L-MLH and immediately rejected it. Thant's crazy, but it's no wonder. Allen Andrews Action/Reaction just works. Why? It's the law of nature. Newton exposed it, Allen Andrews brought it to the markets.