UnknownUnicorn4017959

UnknownUnicorn4017959

No clear direction on XOM, still downward moves. Technicals also not looking the best, negative divergence could signify that it still has room to drop. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

Key levels for TQQQ if we do see a massive retracement going into the election. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

/NQ holding support roughly around previous low. We might see another push up to around the previous high, technicals are pointing for a "slight" correction, the we could see the wave 3 drop. Note that wave 3 is usually the fastest and longest wave, so personally I have sold out and am awaiting confirmation of a wave 3. These are just my thoughts, please learn...

UnknownUnicorn4017959

Trump has Covid, NQ and ES futures dying overnight, looking for 12345 primary direction, descending to complete C wave. At the end of the day, this is the news that will determine this market for the coming weeks. All other previous news catalysts have become completely irrelevant including stimulus and jobless claims. Be careful! Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

History tends to repeat itself, key level of resistance at 137 that TQs is trying to get through. Technicals pointing down, the best we can do is take the highest probability setup. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

Take it how you will, even I am struggling a little to find some "clear direction". I personally am bearish on this rebound, but more evidence and data can convince me either way. Copyright Rohan Karunaratne 2020.

UnknownUnicorn4017959

Oil completed the maximum correction for wave 2, if its going up, now is the time. Looking for potential dip below, that would signify ABC retracement, but overall looking bullish, holding support. Please note wave 345 are not drawn to scale, my target is 40. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

SRNE looking a little unclear after fall below previous high, making the other count I had invalid. Could potentially be conclusion of wave 5, beginning of ABC retracement. Direction is still unclear. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

Test of 200 day SMA, break below is bear sign, beginning of wave C, break above, could mean beginning of wave 1/3 (depending on count). Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

NIO has continued history of pushing into new resistance, then finding support at the previous resistance. Needs to hold above 21 in order to continue rally. Could have potentially completed wave 5, looking for ABC retracement. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

TSLA rejected off 61.8 retracment level going into the close, partly also because of overall market falling. Could also signify the end of the B wave, and now heading down to complete C wave retracement. Most technical indicators looking super weak for TSLA, MACD is in decline, and RSI is also giving in. In order to confirm descending C wave, need to see a break...

UnknownUnicorn4017959

LMND rubber banding within trading range. No clear picture right now on a "investment" trade, so in my opinion, if you are going to trade this, try to keep it to 1-2 days. Support at the bottom of the triangle should provide and good entry, and maybe an exit around 52 would be a good profit. These are just my thoughts, please do not blindly follow without...

UnknownUnicorn4017959

TQQQ tried to push out of trading range, broke resistance and tried to find new support, but slipped into the close. With failing MACD, my take is that we will see continue decline going into the week, potential retracement to the previous resistance or lower (125 minimum). Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

Based on Fibb extension, potentially could see a wave 3 to 18. This is calculated from the 161% extension of the wave 0-1, then placed at the bottom of wave 2. SRNE just broke old resistance from wave 1, and is now holding above the previous highs, good sign for bullish case. These are just my ideas and thoughts, please trade at your own discretion. Copyright...

UnknownUnicorn4017959

Excellent resource for learning about an island consolidation patter: stockcharts.com Textbook example beginning to form on the Qs, today's selloff also confirms sentiment of fear. Please trade at your own discretion, these are just my ideas. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

Trevor Milton now getting accused of assault amid his dismissal. Apparently even the GM deal is in question, the deadline is around December, so bulls on NKLA be careful. Not something I would personally trade, target sub 12. Company Fundaments > Technicals. Copyright Rohan Karunaratne 2020

UnknownUnicorn4017959

This is solely based on my prediction of the NASDAQ and TQQQ chart. Elliott Fibb count is roughly based on those charts, so please look at those for more info. I reiterate, these are just my ideas, please learn about markets and educate yourself before taking positions. Copyright Rohan Karunaratne 2020.

UnknownUnicorn4017959

SNAP had a great run today, but made higher high with a lower MACD, potential sign of an imminent correction. History usually repeats itself in the markets, we had a similar patter a couple weeks ago with a failing MACD and rising share price, and then witnessed a 8% correction, so watching this stock closely in anticipation of the drop to potentially get some upside.