$AMZN | WEEKLY WATCHLIST 9/27After calling the top and predicting the bottom, I'm feeling fairly good about this count. As long as the low around $3304 holds, I am looking for more upside to ultimately hit my $3782 target by November.
Please note we have not completely filled the daily gap yet.
Will look to go long over $3434.
Stonkssociety
$AMD | WEEKLY WATCHLIST 9/27AMD has been quite frustrating throughout this wave 4 pullback. Possible we see a breakout of this extended bullish falling wedge to play upside in the next 1-2 weeks. Looking to retest the $114 level, above that we get a larger breakout to ATHs.
However if we reject the falling wedge resistance here, possible we see waves D and E to complete an ABCDE corrective wave, rather than the proposed ABC above.
Will go cautiously long over $107.
$AAPL | WEEKLY WATCHLIST 9/27Watching for a move over $150 to help confirm that the wave 4 corrective phase is most likely complete. Will look to eye a long entry swing from there. Until then, will be on the sidelines since a further retracement to test the $139-140 level first is still a possibility.
$AAPL | WEEKLY WATCHLIST 9/20Watching $140-144 for a solid bounce to complete the wave 4 pullback. Great swing play contender if the conditions are met. Please do note we lost minor support trend line last week, just to keep on watch. Must wait for bounce confirmation before entering because of the weakness shown last week.
Goodluck!
#NFLX | WEEKLY WATCHLIST 9/20Still some correcting to do before I want to buy in. Looking for a local top wave b to conclude and put in a wave c which should be buyable. Ideal buy will be around the $560 region. Will be on the sidelines until we test that region but worth keeping on watch.
Goodluck!
$ROKU | WEEKLY WATCHLIST 9/20My top watch this week. Way too much confluence at these levels for me to ignore the setup. Looking like we are bottoming out to complete the large wave 4 at the 50% retracement. Also, a very tight falling wedge looking like it's on the verge of breakout. Please refer to the chart for more info.
Goodluck!
$PLTR | ENTRY POSITIONToday, I entered PLTR calls on the break of key $27.5 level. As long as we can hold over that level, we are in breakout mode! This has been an insanely frustrating stock and needed patience. Please note the bullish inverse head and shoulder pattern shown as well.
Targets to the upside are: $29.45, $30.5, $31.27 and $33.5
Good luck and hope this helps!
$ROKU | WEEKLY WATCHLIST 9/13Needs to bounce in the $318-325 range or else ROKU could be in trouble. Extremely critical area for the stock with multiple support confluences (bullish trend line support + Fibonacci box retracement). Also important to note that the 200 Daily SMA is about to intersect with and test the 100 Daily SMA. (this isn't shown in my chart) If we see the 100 cross below the 200, this will be first hints of a major bearish trend taking place.
$PINS | WEEKLY WATCHLIST 9/13I suspect we may try testing the 78.6% retracement based off of last Friday's weak price action. Very solid swing setup as long as the fibonacci box holds, otherwise further correcting will be needed. Patience and waiting for confirmation for me on this one before entering. Can see a nice impulsive move to $61 (bottom of unfilled Daily gap) if buyers step in.
$GOOGL | WEEKLY WATCHLIST 9/13Watching the $2770 region as a prime spot for a relief bounce to buy the dip. Long term bullish channel that has controlled Google's price action since late 2020. Closed under the channel median on Friday, hinting at further weakness to come. News about potential violation of labor laws on Friday caused them to sell hard. Neutral-biased until we can reach strong support.
$DKNG | WEEKLY WATCHLIST 9/13Last time I posted about DKNG, I said we would come up to hit the 161.8% extension and we hit that nearly perfectly last week. Looking for wave 4 pullback/consolidation to take place before pushing for a fifth wave higher. Pennant and path shown is just a guess-timate, please take it with a grain of salt. Let's see if this plays out!
$GOOGL | TRADE IDEAAnother prime short contender that can see nice downside potential IF market weakness accelerates. Simple longterm bullish channel that has held since last year. Notice every time we reach the red region, we see some sort of pullback either back to the median (white line) or support (green line). I have a small short position as a hedge to the overall bull market. Play cautiously and good luck out there!
$AMZN | TRADE IDEAWith markets looking really shaky into close today, Amazon looks like a prime contender for a pullback. Lines up nicely with the daily reversal candle and anticipated EWT wave 2 pullback. As long as the high holds here, expecting a move down to my fibonacci box zone shown. Be cautious if you're long.