EJSM

EJSM Updated 

here are my key observations based 4-hour chart on AMEX:SOXL Price is in a tight consolidation. must break $28.54 with an abs close to see upside potential. If rejected, a revisit of $26.35 or lower could happen. However, this sets us up for a great averaging play $26.35 is a strong support, meaning price may bounce before reaching $25.57, a logical place to...

EJSM

Price action moved with good momentum and maintained volume for the trading day. The original call is good to go: T2 @ $32.70 to gap fill if momentum is persists (poor spelling when analyzing at 3am - but you get the gist) I expect a minor pull back before gap fill; depending on price action, may or may not add to position. A gap up would be signal to close...

EJSM

American Airlines ( NASDAQ:AAL ) is showing signs of strength as it attempts to break above recent resistance. The price has been consolidating and is now pushing higher, indicating a potential move toward a gap fill. Bias: Bullish Target: $17.73 (~2.31% gain from $17.33) Entry: Watching for a confirmed break and retest of resistance Indicators: Momentum...

EJSM

The chart illustrates the possibility of a correction down to a major trend line. This would mean millions of dollars lost in market cap within the next several months or years. If the movement is drastic we may see the company attempt perform countermeasures to provide shareholders a soft landing. One of these countermeasures could be (which I think will be more...

EJSM

It seems like the Dow Jones went on to test $33,982 coming down towards target T1 @ $31,068.00 Overall outlook seems bearish. Will update soon.

EJSM

Most of June and July were spent accumulating health care/industrial sector stocks. A nice rally proved profitable picks across all sectors of the market, several stocks seeing double digit gains. This week we clearly see a test of a major downtrend which began on 01/01/2022. We should be ready to see some downside coming into this week, or a test to 31160. I...

EJSM

Any one who argues that the bullish push from January isn't an impulsive wave needs to shut up and study up on TA. The aspect of TA here would be the Elliotts Wave Analysis. We should expect a maximum pull back to 50% ($8,543) If the market pulls below 66% ($6,873 : on a closing basis) we should expect further market liquidation. I presume that this analysis...

EJSM Updated 

The ascending wedge is notorious for bearish signals especially at the tops of markets which is like gold. I did this analysis at 0743 EST, by 0930 it was testing the internal pink line. I've said that the markets are due a correction about a year ago, I believe we're getting closer and closer. I'll be writing a better analysis later tonight or tomorrow...

EJSM Updated 

BTC seems to have performed a BAT pattern. Typically targets begin at 88.6% on fibonacci retracment If this is true, the market will drop to $8,231 which is where a long position would fall to place. Supporting evidence for this call is the strong momentum to the downside along with the current daily engulfed bearish candle at the time of this writing. However,...

EJSM

DJI may be coming up to test the internal pink trend line for the opens. Supporting evidence for this is an oversold status on RSI, pink trend line falls right on 33% retracment, previous candle displays market uncertainty. Trade with caution.

EJSM

Market may come into bear trend (market sell-off) and go down again a good place to make a market order would be at 2525 Stop loss (S/L) set at 2491 a 1.39% loss Take profit (T/P) set at 2633 a 4.35% gain Execute with your own discretion

EJSM

Hey everyone, we all know that over the past couple of months the crypto market was in a major bear market. Above you should note the resistance line at 118.60 & 133.91 (this is the range of interest right now) Most importantly however I want to point out the black internal trend line extending from left to right. This is important because as we reach closer...

EJSM

Hey all, above we've got the 4 Hour chart up for BTCUSDT ( Binance ) - You'll notice an inverse head and shoulders (H&S) that we failed to break up out of, to the right of the H&S I've illustrated a bat pattern with its potential to complete it's D Leg. Awaiting break above $7788 (closing basis) a break above may send us to $8550 if the market doesn't pick up...

EJSM

Hey hey, most see the possibility of this inverse head and shoulders pattern goo.gl in my report (link above) I mention the possibility of this break and a push upward

EJSM Updated 

Long term investors seem to have been turned off by facebook as they may have been breaching the FTC privacy deal by sharing data of tens of millions of users with a data analysis firm that later worked for President Trump’s 2016 campaign ; triggering the risk of massive fines. We're currently testing a neckline of a head and shoulders pattern found on lower...

EJSM Updated 

Awaiting D Leg Completion ;) BL: 23,690 SL: 23,330 (-1.45 %) TP1: 24,448 (+3.4%) -- TP2: 25,000 (+5.5%) Execute at your own discretion

EJSM

A cypher form on the hourly chart, awaiting entry at 474.00 TP - 519.00 (+9.33%) SL - 454.00 (-4.16%) Execute upon your own discretion

EJSM

It seems as though XEM may be retracing after moving aggressively to the upside. Minor Bull trend is rendered stable, however; if bearish momentum is held strong we may bounce off that trend slightly thus creating a head and shoulders. Will keep updated. 0.000042 would be an ideal buy zone. A break and close below may send us to 0.000035 Daily time frames...