Litwolf

Litwolf

1 Day time frame forecast: Watch for strong resistance when candle approaches span A of Ichimoku cloud for a sell (shown above).

Litwolf

My last analysis of $ACB was on the larger time frames which indicated more upside in the coming weeks. Now let’s look at the 4 hours time frame: I’ve indicated zones that we continue to surpass & each new zone we enter, we go into an upwards channel. If you have not entered, watch for price to bounce off of upwards channel before entering. Identifying the upwards...

Litwolf Updated 

An update. See you all at the top! An analysis, not an investment advice. Trade SAFE, trade PATIENTLY & say NO to GREED.

Litwolf Updated 

$FB is a social media powerhouse regardless of the FUD that gets thrown at them. You can't take their throne, so let's ride their wave to the top! $FB will be reporting earnings on May 1st with consensus of $1.65: an easy beat if you look at their earnings history. The monthly Ichimoku chart setup shown above has all the info you need to know. An analysis, not an...

Litwolf

We have a potential safe and profitable swing trade with $BAC. Price has now pull back up over the 9 day and 26 avg lines and now looking for further upside. The monthly Ichimoku cloud also indicates further upside for the weeks or months to come. An analysis, not an investment advice. Trade SAFE, trade PATIENTLY & say NO to GREED.

Litwolf Updated 

$LULU has been an exceptional stock; going up 79% the past year. We have a potential setup occurring for a profitable swing trade. What to watch (1 week time frame): - We see an incomplete head and shoulders - right shoulder can reach all time high (shown above). - Ichimoku cloud shows bullish for next weeks or month to come - We will see the stock move higher...

Litwolf

Lets look at the big picture, the monthly time frame for the S&P500: We see a bullish Ichimoku cloud, 9 day and 26 day has snapped back together, and an incomplete head & shoulders pattern. The monthly Ichimoku Cloud is most reliable and accurate in the monthly time frames and we see a healthy green cloud still pointing upwards. We also have the 9 day and 26 day...

Litwolf

Monthly Ichimoku Cloud shows all. Follow the big picture. Easy! An analysis, not an investment advice. Drop a comment or private message if you want more information on the chart. (:

Litwolf Updated 

- Long term forecast. -The Ichimoku cloud shows what you need to know. -Be patient. An analysis, not an investment advice.

Litwolf Updated 

LONG TERM TRADE. ONLY FOR THE PATIENT. On Thursday, $AVGO (Broadcom) earnings call called for a bottom in the semi business in Q2. With that being said, $MU is looking like a good setup for a long term swing trade. In December, we see micron bounced at $28 and rallying to $43. Now we are currently sitting on the 9 day avg line (1 week time frame). I have chosen...

Litwolf Updated 

We are currently in a bullish pennant and I believe we are going to breakout to the upside. With the hype around the cannabis sector, it's not likely we will see a major correction before hitting all time high. Weekly Ichimoku cloud also indicates that we are in bullish trend for weeks and month to come. Be patient and manage wisely :) This is an analysis, not...

Litwolf

Square has potential for profitable swing trade as we are in a upwards channel. As we saw last week, price held well against the SPX500 during its correction. We now see that the candle bounced off Span A of the 1 week cloud (shown above): keeping the upwards channel valid. Price is also currently sitting above the 26 average line (red line). This shows us that...

Litwolf

Tesla is not everyones favourite stock due their questionable "profits". But play it right, we can make good money! In my opinion, its too risky of a trade if we don't enter at the main support. We can't control the direction of the stock but we can definitely reduce our loss. What to watch: - Watch for a bounce around the 250~ support. - Watch for a reversal...

Litwolf

Last week I mentioned the valid upwards channel in ACB. We saw that ACB bounced off the channel as expected but unfortunately could not break the top of the channel. This week we may see another buy opportunity similar to the last. What to watch: - Only enter if candle does not break the 4 hr upwards channel. - Watch in the lower time frame, 30 mins - 1 hour for...

Litwolf

I believe we're not at the crash everyone is forecasting. We still have one big event that can lift investors sentiment, the US and China deal. Once we get finalization of the deal, this will create a brief rally to the top. After we get that out of the way, we will fall, fall, fall! What to watch: - 3 area of a bounce can occur: 2700 (span B), 2650~(9 Day avg...

Litwolf Updated 

- I believe we still have room to drop to 1277 where I expect a bounce. - We will continue to go sideway where we'll bounce off the SPAN B shown in the chart. - I would only enter after a confirmed support is formed with sideways action. - Ichimoku cloud is your friend, don't against it, ride with it. Trade at your own risk.

Litwolf Updated 

- A lot of traders are looking for an entry point into weed stocks. ACB has a big potential for a big swing trade. - Watch for a bounce off the bottom channel for a buy entry. - Ichimoku cloud shows upside in the 1 week and 1 day time frame. Trade at your own risk.

Litwolf Updated 

- Update from my last analysis of the SPX: The first 10 minutes of market open, we see price gap through the resistance like it was NOTHING. King Kong style, wow. - Big money wants the market to reach ath before going down so we follow the trend. THE TREND IS YOUR FRIEND. - Ichimoku cloud showing upside in the weekly and monthly so up, up and away! - Wait for...