SpiralGraph

SpiralGraph Feb 11

*Not Trading Advice. (of course) Historically CIBC has not performed well along this Fibonacci Channel. While it could be years before the stock returns to the lower trend, it would appear that there is significant risk with little reward in buying in this area.

SpiralGraph Updated  Aug 27, 2022

Complete speculation, use at your own risk. My TA is derived purely from experience in watching price action in the market. Nothing is guaranteed when it comes to TA. This is why i always try to come up with a bullish and bearish expectation. My TA is more than trend lines, but due to congestion on the chart and ease of interpretation much of it is left out of...

SpiralGraph Sep 11, 2020

Detailed support and resistance zones for Nokia. Thicker lines mean they're more likely to provide resistance to price movement. Zones have been identified through use of Fib levels, as well as historical price action. Trade Safe & Use Stoploss. How you use this chart is up to you. You may want to trade the range, you may want to try for a longer term swing...

SpiralGraph Sep 3, 2020

Potential for NOK to be testing IHS neckline as support. Bounce from this area, and new highs are very likely.

SpiralGraph Updated  May 27, 2020

Coiling up for a big move. Looks like down based on the negative RSI divergence. Plan accordingly, and don't forget to use stoploss orders. :)

SpiralGraph May 13, 2020

Support and resistance on Tesla. Horizontal lines indicate support and resistance levels. These may not be exact, but should be fairly close to pivot points. Dropping below lower trend line would favor bearish expectation with a bounce at $550-$600 and a bottom at $250-$300. Above upper trend line has heavy resistance up to $1000, then $1200.

SpiralGraph May 1, 2020

Ford Support & Resistance areas outlined here. A few possible scenarios built in. Risky Long with good return. Wait for confirmation of bounce before buying. Good support at $2.00 - $2.75 for a buy.

SpiralGraph Apr 15, 2020

Support and resistance areas on chart. I highly doubt Uber can be profitable until the pandemic is over. We may even see lower lows, but it's too early to tell. Trade safe & don't forget to use stoploss orders to mitigate risk.

SpiralGraph Mar 5, 2020

Great Risk / Reward for a long on support here.

SpiralGraph Dec 15, 2019

Way oversold. Holidays are always profitable for this company. Most trend resistance $6.50-$7.50

SpiralGraph Updated  Oct 3, 2019

After a good run TSX:CM is up around 12% from the time of writing since the last chart was put out. (Link at bottom) As there is plenty of resistance around this level i think it's best to sell. I think we could see a very deep retrace from here, so I'll be watching to re-buy around $100 if I can! Keep watching for bullish price action below, and don't get...

SpiralGraph Updated  Sep 12, 2019

CIBC on trendline support. Stoploss below trendline, with next support at $90, then $70.

SpiralGraph Aug 8, 2019

Air Canada likely to return to $38-$40 Mark. Bearish lower targets would be $32-34. After lows expecting another high around $56. Previous Analysis:

SpiralGraph Mar 19, 2019

Short at the .618 area for AMZN. Stoploss tight at 1785. Expecting 1075 - 958. Let's see what happens.

SpiralGraph Feb 20, 2019

I have outlines two possibilities for Ethereum. On the left is a simple correction, that should top out at a max aprx $189.00 A price over $260 would invalidate this idea. Keep in mind, that this current area of $147~ is a resistance zone and may be the top of this correction. On the right is a complex correction that could top out at around $650.00 Over $260,...

SpiralGraph Feb 13, 2019

One more leg down for Amazon. This will complete the correction to .382 of wave 4 to wave 5 top at 2050. Expecting either down from this area, or to touch upper trend line of the expanding triangle then head down. Target at aprx 1K.

SpiralGraph Updated  Jan 16, 2019

Using wave theory to complete a wave cycle this seems to be the most likely scenario. Ethereum currently has no fundamentals or use case to back it's price. Perhaps either of those two things could help Ethereum recover, but until that point in time I can see ETH at $12, or ever under $1. Price thoughts: Expecting Eth to hit a high of either $169 or $189, before...

SpiralGraph Jan 16, 2019

Ethereum is doomed to keep falling. The question is: Where is the next top? Luckily Ethereum has a fairly predictable pattern to show us the way. Below i have listed the resistance zones in order of most likely to least likely be the next top. These are in order of most likely to least likely. $147: Previous top resistance. $169: Fib resistance. (.618) $189: Fib...