Shopify has seen a massive sell-off for quite awhile now and looks like we might be bottoming out for now. We need more time to determine if we are still bearish or reversing. I would like to see a break through those red resistance levels before taking a position.
Nothing better than Elliott wave. Classic 3rd wave action to the 1.618 level and rejection right after. Looks like we are headed to the .382 level for a pullback before more highs.
I am very bullish on NVDA even though we are in a FOOLS RALLY!!! We have about 60% upside from now until Febuary. I would like to hop into some shares around $166 and ride them up to my red shaded fib levels.
Coming off a strong month Apple has been on a tear, but don't let that fool you. As you look at the wave count you can see we are in a B wave (FOOLS RALLY), which gets almost everyone that does not know the power of Elliott waves. We could see Apple rise to about $170 before a pullback to around $150, or we just pullback due to the CPI DATA coming out Wednesday....
