Is NVDA on the way to make a new ATH or correction still continues? We have to follow. NVDA is a beautiful example of different scenarios possibility! If we look at the chart (right side) we simply may consider that correction is completed at 0.382 Retracement of last rally with clear abc form of correction but, is this the only possible scenario? Of course NOT...
ADA made a new All Time High? does it go Higher? It will face some problems soon.! ADA is facing a strong resistance zone around 2.6 to 2.85 USD while BTC is facing 51000 resistance. A possible considerable decline may be on the way soon in whole cryptocurrency market . Mentioned decline may at least push down ADA back to 1.6 to 1.8 USD corresponding to 0.618...
MRVL hit the strong resistance zone today. Is it start of a large decline? Lets follow. It seems that MRVL has completed a 5 segment up going wave ( shown on the chart ) . This up going wave can be wave 5 of a larger cycle Elliott wave itself which if true , suggest a decline down to 38-33 USD zone corresponding to 0.5 and 0.618 Retracements of larger cycle...
PACB is a real chance for mid and long term investment. Follow the analysis if you want to find out the details. Stock's trend is clearly up. There are still two large up going waves to complete the whole Elliott wave cycle.Wave count labels have been shown on the chart. Correction (wave 4 ) of labeled up going wave 3 ( from 2.2 to 53.69 !) has more than likely...
Bitcoin more than likely goes for a correction! Both MACD and RSI show bearish divergence with price. Price is between two important resistance levels corresponding to 0.5 and 0.618 Retracements. Volume is also continuously decreasing. These bearish warnings are important. It is wise to take them into consideration. Check out related ideas for more details...
Positive earning report and negative reaction of market? Is it a buy chance? Lets follow. Pre-Market price is near the golden ratio 0.618 Retracement ( around 27 USD) while earning report was positive and we had revenue growth. It may really be a buy opportunity. Technically, CRCT seems to has completed a 5 leg up going wave and has made wave A and B of an ABC...
RCII trend is generally up going. Currently , RCII is making a correction for a rally which started from 7.22 up to 66.7. So far, RCII is showing an impulse correction with wave 1, 2 ,3 and more than likely 4 of A completed and it is making wave 5 of A. What does it mean? A possible counter trend correction (Wave B ) is going to start soon from 46- 48 up to...
ROKU, Following the trend of the stock can makes us a millionaire! You doubt? Follow the analysis. Roku is certainly one of the best stocks in the market. General trend of the stock is still up. We have the prediction of ROKU in weekly and daily time frames on the left and right side of the chart respectively. Weekly chart: We never know whats going on the...
LOGI is on the way to 0.618 Retracement level. Do we have a bullish movement there? Lets follow. 50% Retracement was not able to push the price up. Now, ABC form of correction has showed itself and we are more confident to go long in the case of bullish movement in support levels which are 0.618 and 0.786 Retracements at around 114 and 107...
FISV is able to make a new All Time High? lets follow and see. FISV is showing a bunch of bullish signs in weekly and daily time frames. On the right side of the chart we have weekly time frame: As it shown on the chart price reacted well to a strong support formed by 0.382 retracement of the rally from 73.5 to 127.34 and 0.786 retracement of the rally from...
Is AMC the dead stock? It may surprise you soon ! AMC has started an impulsive upward rally from just around 2 USD and reached to 72.62 dollars!. Is it finished? Not yet I think. As shown in the chart, price is near to very strong support formed by 0.618 retracement of last rally, 1.272 extension of wave b and 100 % projection of wave a. All these Fiboancci...
NVDA is facing a strong resistance again. Is it able to defeat another resistance? Watch carefully. Strong resistance shown on the chart formed by 1.618 projection of wave (1) and 2.618 extension of wave (2) which is unusual one. Chart also shows best case scenario. There is another possibility that we have an extended wave 5 which is low probable. I discussed...
Is there any alternative bearish scenario for WISH ? Of course there is. I have published an idea about WISH ( see related link if you are interested) which was the best case scenario and is based on a completed anti cycle Elliott waves (See the left chart) . So far chart did not go well and there is no bullish sign yet.Therefore we have never opened our...
NVAX is going to attack the down trend line once more after a short recovery and regaining some energy. Who wins the battle? lets follow and see. NVAX has reacted well to very strong support formed by 0.618 Retracement of last major rally and 0.786 projection of possible wave A of an ABC form of correction. This is shown on the chart. It is worth to note that...
AMC is too risky to go long now. 0.786 Retracement of last drop proved itself as a strong resistance. It may fall to 35 USD which is the golden ratio Retracement of last rally. please note that lower prices is also possible. Stochastic indicator has made a bearish reversal while its near overbought zone in weekly. I can strongly suggest that at least AMC is not...
We are ready to catch perfect chances ! Keep PGNY on watch my friends. PGNY has started a continuous progress from it's IPO and completed waves 1, 2 and 3 of a possible 5 up going waves cycle so far. It means that we are able to catch a new up going wave 5 after a possible correction of wave 4. These explanations are shown on the chart. Correction may end at...
LOGI is one of the best stocks in the market. General trend of stock is clearly up. Stock is going to show us another leg up to around 145-148 USD to complete wave 3 of a large Elliott cycle. This leg up will be wave 5 of 5 of 3 which means after reaching to mentioned target (145-148) a large correction may start which is going to push price down to 105 or even...
WISH is clearly offering a golden opportunity to go long. Stock beautifully completed a 5 declining waves and has started a new motive wave. So far it has completed it's wave 1 of new impulse and more than likely has completed wave 1 of 3 as well and currently is making its wave 2 of 3 which may ends at proposed buy zone shown on the chart corresponding to 0.5...