Erictaylor

Erictaylor Nov 26, 2024

I wish I posted this a day ago but still good to keep on radar. It’s a short btc etf. When btc goes down this goes up. Looking for this pattern to build which gives another 1.60 cents upside

Erictaylor Nov 25, 2024

I know it doesn’t seem like this would happen, however, this chart is not lying to us. This is something that you might wanna start looking into as chewy could potentially be starting to create a large inverse head and shoulders pattern on the weekly. Now, of course, we don’t wanna go all in until a breakout of the neck line as if this does play out the right...

Erictaylor Nov 25, 2024

So far, GameStop has actually been performing pretty decently over the last month. It has been consolidating in symmetrical triangle since it’s been back to this $22-$26 range. It finally broke out of that consolidation and broke above the 26.40 resistance. After months of consolidation, it looks to me like we created an inverse head and shoulders pattern and...

Erictaylor Nov 22, 2024

Chewy stock has regained attention and seems to have great momentum. It has pulled back off of 36$ with a low of 33.70 today. However if we look at the overall pattern breakout, chewy seems to be on the breakout of a large ascending triangle. If we can remain above 33$ this can be the start of an ever larger uptrend for the stock. I am positioning into CHwY...

Erictaylor Nov 22, 2024

Bottom is in it seems like. Neckline is 66$ if we can get above that and confirm this should see 72 soon

Erictaylor Jul 13, 2024

The pull back we had from 152 rejection was strong. It did go deeper then I expected. Now I have re looked at PDD and I see what we did. Breakout of a large symetrical trinagle. We crated a large flag outside the breakout. That last pull back was backtest of breakout. PDD is targeting 166-168 on the potential of uptrending reistance but flag target is 197

Erictaylor Jul 12, 2024

Chanel breakdown around 148. Now potentially flipping into reistance. This looks like a rising channel or a bear flag. If bearflag target is 124) Either way my exit plan is around 135 at the .618 fib support. I’m in at anything around 148 and I’ll add up to 149s If we lose 145.60 and hold below that is another confirmation of further downside.

Erictaylor Jun 28, 2024

Large pattern. Holding uptrending support. Had a fake breakdown and reclaim of support. This is the time to start accumulating. I’m in! Let’s gooo looking for 33-34$

Erictaylor Jun 25, 2024

This company looks bad ass. I think it’s gonna be a really great long-term play truly undervalued. The chart looks pretty good. We just had a little bit of an up trend break however we had a nice pull back which we have not seen since this thing has been running. Now that we have seen our first pull back we’ve made a double bottom and we’re starting to break out...

Erictaylor Jun 25, 2024

Trend break, first bounce. Where could we go? As long as nvda remains above 123 we can expect a potential rally to 132 area. From here it is possible we see a rejection and a break of the last low down to 110$ This is my idea. I’d long against 122-121 as stoploss. Targeting 131.50-132 If we start rejecting 132 this is where I would go on a far out put for...

Erictaylor Jun 8, 2024

Struggling to hold above 73k we may have found our top here. Time for potential bigger correction. Currently in a weekly considlation pattern so this will take time. Support of said considlation pattern is 62k we could come down and bounce off that. I personally don’t think this patter will turn out to be a bullish pennant Howver it is possible BtC has one...

Erictaylor Apr 29, 2024

Testing top of range after bull flag breakout. Huge double bottom sideways range with 37.75 reistance. We may be on verge of breakout right now. Hold tight stops could attempt entrys here. If we dip in 36 and 34 are huge support buys. This should easily see 50+

Erictaylor Apr 12, 2024

I posted yeateday as a potential breakout of this pattern. I was leaning on the bullish end with a target of 68 if we could breakout of 55 and hold. We struggled and found reistance there. I had a long opened at the support Of 51$ which ended up breaking. I discussed if we lost 49 $ o would stop out and look for target of 37$ We ended up breaking around 430 pm...

Erictaylor Apr 11, 2024

This stock has been getting amazing action! It’s super volatile but since it’s now got a monster rejection from 100+ area we can now find retracement fibs to see Where could we get a bounce. This has found support bounce off .618 fib of 46$ and currently trading and considlating under the 50% retracement. If we can get a breakout of this current triangle ,...

Erictaylor Apr 5, 2024

Despite the feds continuing to say they won’t be cutting rates much or anytime soon , which lower rates is better for the banks, and many other interest rate sensative stocks, the KRE in my veiw is gearing up for a big move up. It’s slamming its head against the downtrendinf reistance. It’s got a double bottom holding up and now consolidating in a pennant...

Erictaylor Apr 5, 2024

Finally getting some love. I’m loaded at 2.04 averge. I’m looking to add here around 2.15 or so. .382 fib on retracement from recent high to low bottom. This is looking like it has a lot of room to go. Prob 5$ at least before a major correction. These are the pull backs to load up on !

Erictaylor Apr 5, 2024

This stock has been considlating for a while. Super high short interest , low float stock that has so much potential to rip to 30-40$ easily. A huge double bottom was put in with a higher low and now we are considlating between 21.80 and 24.50. If we can break out o this current bullish pennant we could see a move towards 29$. I have been buying this between...

Erictaylor Jan 25, 2024

Could be finally bottoming might have a solid chance and decent risk to reward to load the boat here 14.22ish area with a target of 26$ This could take until end of April mid May to play out completely but could be worth the 1$ per share risk. I’d stoploss it close to 13.20/13.40 area.