Madcaptains

Madcaptains

Higher lows, higher high. That never ending down trend has reversed.

Madcaptains Updated 

Indicators are on the rise, price broke above the last high and volume is up. My target is on the chart

Madcaptains Updated 

DFLY broke out from consolidation today. Unfortunately, it already went all the way up to the target (Fib multiplier of 1 to the left). Looks like there's another opportunity coming though. I placed an order to enter the market if it reaches 2.87. If it does, the new target will be Fib multiplier of 1 on the right size.

Madcaptains

ADCO just brokeout again today. My target is 1.64 and I have a stop loss at 1.24 which gives an ok risk to reward ratio of 3. Volume wasn’t very high today but it did increase yesterday.

Madcaptains

QNC just broke out. I got in at 0.06. Target is on the chart

Madcaptains Updated 

BB has brokeout from that last high from 2 days ago. The volume is good, RS and RSI are up. My target is 18.17 where I believe it will meet some resistance.

Madcaptains Updated 

ACDC broke out today. Volume is up as well as RS and RSI100 and the close price is above the POC (horizontal red line). I got in at 0.24 with a target at 0.42. Something to watch will be 0.3 which represent the highest point of the last rally and a 0.5 FIB multiplier. If it shows sign of weakness at 0.3, I might sell and wait for another break above before to get back in.

Madcaptains Updated 

RS and RSI100 are improving and today we had a good run up on increased volume. I'm waiting for a break above 0.05 before to jump in. I see 2 possible target: 0.07 and 0.08. I might just chose the more conservative.

Madcaptains Updated 

ADCO broke out today.

Madcaptains Updated 

SVA brokeout late today. Both RS and RSI are high and on the rise. The breakout happened on good volume. I’ll be buying tomorrow at the opening. I’m unsure where to put my target though. If I use the length of the last rally since the last breakout, that gives a target at 1.00 (a 34.98% gain).If I use a Fib multiplier of 1, that gives a target at 0.91 (a 22.73%...

Madcaptains Updated 

YNV just broke out with good volume plus both RSI and RS on the positive side and rising. I got in at 1.99 and will aim for 1.25.

Madcaptains Updated 

20 MA crossed over few days ago Volume went down as the pennant formed and today we are closing with a nice breakout on high volume The MFI indicator is above support and MACD is on the rise. I'll open a position tomorrow morning first hour. My price target is at about 1.4

Madcaptains Updated 

Cup and handle with very probable breakout. MFI and MACD on the rise. Descending volume during through the handle. Attractive price target.

Madcaptains Updated 

I believe AND is at the beginning of wave 5. The green circle shows where I think it will reach. This target is where A support and a resistance line crosses (blue lines). It’s alligned with the top of a channel formed by tracing a line between the bottom of wave 2 and 4 and then tracing a parallel line at the top of wave 3 (the 2 black lines). It’s a channel...

Madcaptains Updated 

It tried to break through resistance 6 times over the last few months. It did break though in August but it didn't on the MFI. This time and for the first time since July, we can see a breakout on the MFI, suggesting the price might break resistance too. I'll wait for a close above resistance before to buy.

Madcaptains Updated 

This one is so new and has been so volatile, I’ll want a retest before to jump in but right now it looks promissing.

Madcaptains

To me, this looks like the begining of the 5th impulse wave. I believe it can land somewhere in that box (if it doesn’t stop at 80). Any thoughts?

Madcaptains Updated 

I believe the C wave of a zigzag correction has ended earlier this week and that we’re now at the top of wave 1 of a new motive wave. If so, I plan to go long when it breaks above the top of wave 1 and resistance. Any ideas, comment are welcome I’m learning so please, take this with a grain of salt