Tdcombo
$SPRT printed a combo 13for abrupt and impulsive price move, the Demark Combo works well historically and statistically. $SPRT is a recent short squeeze and this might signify a buying exhaustion point.
regret in $FTNTI sold all my $FTNT holdings at the last 2 combo 13. Am I regretting the sale? Yeah.
I value $FTNT at about 50% overvalued (surprisingly every other high growth tech companies are sitting at this valuation too) and the move up has been really extended.
I should have held just a little just in case. Right now we are looking to break ATH
$BTC double daily 13Expecting price to react to this double Demark signal: sequential and combo 13. The combo especially have historically worked at predicting exhaustion after sharp price movements. I anticipate a short-term top for now.
Conservative trader might look for price flip to exit position. Or using my new indicator, exit the position when the low of the first red bar is broken.
Some Elliott Wave theorists point out that this is not the start of a bull run but in fact a bull trap movement, meaning we might dip lower than $28k. I will keep that scenario in mind.
I just exited a second 25% of my $DOGE position, still holding 50%.
$BABA daily 9 weekly 8 and monthly 9I would be more interested if we see some wide range candles, indicating capitulative move. This 9 candle is weak. If next week is a 9, then I would look for daily 13. An aggressive trader would look for either Aggressive sequential and Aggressive combo 13. I doubt we will make sequential or combo 13 when we have done such a steep move down, but it can happen.
Fundamentally, investors have lost hope on Chinese tech companies. Chinese companies can't get Apple big, since getting big will take away the CCP's power and that is not going to happen. Thus long term investor will shy away from Chinese companies due to this political "cap".
I remain a trader for Chinese companies. Would not hold any for long-term since such an environment cannot breed multi-decade compounder like $AAPL and $AMZN
$COST strong fundamental company at a good price to buyA favorite of Charlie Munger. I agree with him on the point that $COST does have more trust from their customers than $AMZN or $TGT or $WMT
They won't have crazy growth like $AMZN did, but surely will they keep creeping higher. If you want to add on the TD Combo 13 and TD Sequential 13 it ain't a bad idea.
Weekly $SE shows sign of buying exhaustion$SE has been a great investment for many wishing to capitalize on the pandemic. I used to own some shares but sold too early. Long term it is still a great investment. I am from Vietnam and their product Garena dominates, Shopee does have competition but is still one of the best options for online commerce.
The weekly chart shows a combo 13 and a confirmation candle. It might be a place to take some profits.