Effler

Effler

Chart indicated a .5 fib fan retracement. I fully expect the 10yr treasury to extend to a 2% in the next two weeks. When this happens and taking in account the recent triple top, I expect a extra bit of panic selling than we've seen so far thus a .5 retracement. I fully expect this to return to a 0 extension. I cleaned up my FEB 25 chart of excellence for a more...

Effler Updated 

I see a cup with a handle, albeit a short handle. I guess it could also be a double bottom, but its a little too round. I'm pretty new at this so please do tell me if I'm on the right track or not. Thank you!

Effler Updated 

Its game time. Triangle has been established, pennant is up, RSI strong and MACD is .05 from convergence. First breakout (pennant) will occur @ $32.10, and second breakout (triangle) will occur at $32.60. This run will establish new ALL TIME HIGHS as long as $30.25 + 10 cents per day (no more than 6 days) remains support.

Effler Updated 

As seen in the previous occasion TSM ventured above Zero and approached .25 we can clearly see two peaks. Although the second peak is above the first, as in both cases illustrated in pink, the second peak had a greater gap between .25 and the peak candle.

Effler Updated 

Cup With handle exhibiting a clean .618 retracement before breaking out of the descending channel (something we saw last week). A new ascending channel has been formed. The reason for publishing this today is when given the approximate 9% pullback there's NO reason for concern (yet) since the retracement occurred within the newly established ascending channel. In...

Effler

It's been awhile since Penn retraced to a .382 extension. Will El Presidente be able to keep this golden stock in the clouds or will it fall to earth? I see a sure fire .25 retracement in the next 3 weeks and expect a .382 retracement within the next 3 months. What do you see?

Effler

Is the drop over? I posted a Fib Speed Resistance Fan a couple of weeks ago that is playing out perfectly so far. With this chart I changed the Candles to WKLY where we are seeing a consistent Fib Fan retracement to the .5 level. Over the last year, TSLA has either bounced off that level to new ATHs, bounced to .382 followed by a return to .5 before jumping to a...

Effler Updated 

Not your typical triple top given the sequential three new highs; however, when placed against a Fibonacci fan, it fits perfectly. CWRD typically sees a .382 retracement between earnings during the past 3 quarters. Will we see a steep retracement to .382 just before earnings, a new fan created, or will we see a negative earning surprise?

Effler

I had this pattern completing on March 5, buuuut, it could definitely be complete today... XPEV is currently in my buy zone $28-$31. Target 1 is Point C $60, Target 2 Point A $75, Target 3 is $128 a 1.618 fib extension XAB.

Effler

My take on RJleo82's & talgalimidy's discovery. I used an hourly candlestick chart, which got my points closer to matching Gartley's pattern. Although point C's retracement was less than ideal and exceeded .382, it still within a 1 Fib extension deviation causing point A to C being appx 16% off (742 sb 886). Buying Zone $32-$28, First Price Target point C $60,...

Effler Updated 

Consistent reversals of Fibonacci Fan 0 and .5...Looking for drop below $600 before covering and entering a long position