Stuff
PHM is going to see some massive support jump in2 massive trend lines on the bottom side of price, one of which is likely to spring the price to at least 95, and possibly even 130. Even if we drop past 63, there is still price support and a likely chance you'll see price jump from these levels. This stock is massively bullish.
These trend lines are BIG. There is potential to see the price move quickly, and there is even more potential to see it reject that top trendline.
It's close for sure, I think these next few moves likely occur over the next few days to weeks. So you could see some up and down getting ready for a bigger move to the upside.
There is so much support layered on this chart, it's hard to be a bear in the long term.
Buy zone is somewhere between like 65-54.
I draw snakes on charts.
thank you for looking.
PHM PARABOLIC MOVEI mean, if you can't see that something major is happening with this stock, you're high...
HOWEVER, Holy Gaps batman.
Topside pump takes us to around 125, with a max of like 136. There is support but watch out for a retracement from whatever "good" sounding news is coming. This stock is being setup to drop over 50%.
Personally, I like the dog coin next, you can see my chart below.
WHY real-estate when you can buy data? PHM needs to figure out how to monetize whatever data they can collect.
AMD BULLISH spaceship is getting ready to flyI worked out all the math behind the flight path of the bullish spaceship. I'd imagine maybe this?
Space ship math is hard. idk.
Like short term wise, we probably will definitely most likely pretty much see 113.36 (better say 112 to be safe)
Very bullish short term climb with potential to spring up to 119-126.
This is a short term chart, but should cover a lot of the possible movement. I trade on trends, so I'll be looking for more short term support to build to allow this to continue climbing. Once that trends starts to break, I'll be looking for an exit and a potential short entry.
Very bullish on AMD.
Also. VERY bullish on Tesla
Bitcoin: BTCUST Need to raise stopsBitcoin: BTCUSD
Hate raising stops before China opens, especially after yesterday, but it could be that it gets sold off to begin with. If so look to buy from lower, having locked in profits
We are long from 3 buy points today:
!st was the break and hold above key resistance at 6950
(after closing out a 230 point gain as this level was hit and then
losing 50 points on the ensuing short from the same level)
2nd on first touch of the lower parallel at 7090 (stop 50 points lower)
3rd on the break above the continuation pattern highlighted earlier today at 7170.
Need to put a stop under some fairly hard-won gains and also put a limit level on
for exit, if we see it, before the stops get hit.
The stop on all positions can placed just under 7200. Bitcoin
has been good to day traders again, pinging off support and
resistance lines, though the lows were 13 points higher at
7090 than we could have done with as the perfect entry point
if 6950 break had been missed earlier.
That spike off the 7346 resistance line is the first for a while
and so it could be that when far Eastern markets open it could
get sold off...if so, look to buy back at 7134 and below down
to 7090 with stops under 7060.
On the upside, providing we don't get stopped out first,
we should look to exit at 7540, or just under.
GOLD TRIPLE BOTTOMHi Traders,
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GOLD TRIPLE BOTTOM
Gold (now at 1241) has made a triple bottom around 1183 (see weekly chart and daily chart) and started a corrective rally as usual. At this stage, there's still no sign of the typical set of waves that mark the end of the major downtrend started in Sept 2011.
Hence, Gold should make a new top in the area 1249-52 or even 1263-64 before resuming the downtrend to the area 1164-1154 and lower.
HOWEVER, please read the "NOTE" below: there could be a surprise.
TARGETS
first up to
likely: area 1249-52
possibly: area 1257-60
maybe: 1268-69
then down to
likely: area 1164-1154
possibly: 1089 (to reach the theoretical fibo target)
maybe: 1043-1032 (to sit on the primary support)
ELLIOTT WAVES
GOLD is almost done with the very minor wave 4 upwards (1-hour chart and 4-hour chart). The new wave down following this temporary top should form the smaller wave 5 of the larger wave 3 (daily chart).
This little wave 5 should break through the support at 1182-83 and move down to the first of the targets above mentioned (area 1164-1154).
By The Way:
NOTE:
If the present rally tops much higher than predicted (at 1290-93 or even 1318-21, quite possible), then the wave count will need a re-assessment.
If this scenario occurs wave 3 (bottom right of the daily chart) will also take the name of "wave d" and this would extend target of the recent uptrend up to 1290-1321 to form "wave e".
"Wave e" would be followed by the very last leg down - in 5 smaller waves - to form the historical low (major wave 4, weekly chart) at 1064-1054, $1089 or $1043-$1032 and will mark the end of the 3 years downtrend.
Hence, if this scenario materialises, GOLD would need few more weeks to reach the bottom of major wave 4 (up to the last week of Dec 14).
The area at $1043-$1032 is, by the way, the ultimate support. This low should mark the absolute minimum that everyone was waiting for, given that the ultimate support at $1043-$1032 is considered almost unbreakable.
If all this is true, a very major uptrend should then follow.
Yin & YangCheck this out guys ! the mean for this cycle is around 608. thats where the triangle is closing. also price rendered around the same area above and bellow the mean. also price fell bellow the mean exactly at the halftime of the triangle ! isn't this stuff fascinating :O alltogether this "means" xD that something big is going to happen on or maybe before the 9th of july . I expect price to shoot up : ]