Grevious

Grevious

Hello family. I have been watching this stock for a long time. Yesterday, after the earnings came in I finally got a secure confirmation of my theory: 1) What we see here is a classic Elliot 5 Wave, With wave 3 being the longest and wave 4 being a triangle flat (all this actually looks like a picture from the Elliot Wave Theory book - a perfect example of the...

Grevious

Don't miss out on the opportunity to buy EUR/GBP. Since it bounced from the 61.8 Fibo, it will be most likely testing the upside of the channel it is in right now.

Grevious

Hey everyone. You may have noticed before that we have been having this price channel for the last few months, basically since when corona hit everyone. The support and resistance lines have proved to work out amazingly well. But to my surprise, the support line was broken so I was not sure about the stock anymore. However, the earnings report was good, so it...

Grevious

It looks like we have run into a consolidation right before the earnings. It may be good news for the investors because the company was clearly overbought lately, so the correction did give us some space for the future jump. In my experience, when a weak resistance line meets such a strong support line, the first one does not stand a chance. You can clearly see...

Grevious

Any support (likes and comments) will be very appreciated TECHNICAL ANALYSIS : It looks like the stock has run into 2 different technical "factors" at the same time - one of them bullish and the other one bearish . When it comes to me I see an uncertainty on the market right now (especially the Tesla stock), so I expect a consolidation before the...

Grevious

There are currently no strong factors supporting the recent fall, so I suppose it is a correction after an amazing run in the last 2 weeks. The Fibonacci retracement from the last impulse point, as well as a powerful trend line may be factors for some nice earnings on July 23 To sum up everything, for me it is a STRONG BUY from 2900. It is a technical and a...

Grevious

Hello everyone. I am still sure that what we are currently seeing on gold is the 4th wave. However, we can't be 100% sure how long it lasts. The key support line at 1672$, as well as the 61.8 fan line have not yet been broken , which means the buyers have more work to do and the bullish trend continues, after dropping the volumes at major oscillators (such as...

Grevious

Gold may be below the 1700 key level ultimately, but the real support level turns out to be the 1695$. Keep in mind that the market close today will help us understand the overall tendency (which depends more on the 1700 level), however I do not see any bearish factors at this moment - the uncertainty keeps on growing, which can definitely be one of the biggest...

Grevious

US Stocks are negative after the early flurry. I remind you that today is the biggest day for earnings in this quarter (8.5% of companies of the index are reporting) I am still pessimistic and bearish about the index (you can see why in my previous analysis), and the 61.8 retracement still remains a key level (do not forget about the 3000 mark also), and we...

Grevious

Hello everyone. Still don't know how to properly use the Tradingview platform, so I am sorry for the mess, but try to hear me out anyway. There is still some potential for correction after the recent growth. As you may know, the method consists in a correction to the 0.618 level, then back to the 0.382 level and the price may fall even further (in this case). It...

Grevious

Hello to all readers! Lately I came up with a new idea . It all started when I was looking through the graphs and saw a divergency (1H , 9-10 April) so then I decided that I would dig deeper into it and saw two more confirmations . First, the price has just reached the 61.8 level of the retracement on DAILY chart, and so far it looks like a tough resistance...