Will_Wong

Will_Wong

I am already bullish on this stock with the golden cross. A multi million investment deal announced after hours saw a 50% jump.

Will_Wong

Few months. There is a lot of confusion whether the market has topped. Whether the bill run that started in March 2009 is over. Many do not think the bear market is over. Many believe it is. Fact is the correction that started in January 2021 doesn’t appear impulsive, ie you cannot count a wave 1 down. There are way too many overlaps. At best you can count it as a...

Will_Wong

A high flying stock brought down to earth. The low 30's would have been a great entry. We can wait for another micro 5 up and 3 down to enter.

Will_Wong

also seems to have completed with a retracement of 78.6. Note that the slope of the decline had decreased for the C wave.

Will_Wong

Two gaps above could be filled. Lots of bag holders. Do be careful. Apparently this latest rally is because of the impending IPO for TYDE.

Will_Wong Updated 

the C wave. Bounced hard off the low for 2 consecutive days. Short interest is 40%. Only 8.83 M shares outstanding. Very good candidate for a short squeeze.

Will_Wong Updated 

history. It has taken a while but it appears that the B wave triangle is finally done and the C wave down has started. C=A will take it down to $20 which is the fib 61.8%. For the first time in a long while it has broken below the 200MA too, which is an ominous sign.

Will_Wong

The price action off the low was clearly impulsive. It was up more than 35%. After hours, it gave back 12% of the gain but that could be the sub (ii) of i. Apparently, the after hours sell off was in response to news that BKKT had filed a S-1A. However, it is only an appended form to an S-1 that was filed earlier. It is not new information. The TDAmeritrade shows...

Will_Wong Updated 

With Biden's emphasis on clean energy and renewables, this should take off

Will_Wong Updated 

a running flat 2. I think it is ready to take off.

Will_Wong Updated 

progress. Wave A is expected to hit the bottom channel at around $192, a little past fib 50% but well shy of the fib 61.8. Wave B at fib 61.8% of A should fill the upper gap. Wave C could hit the larger fib 38.2 or the bottom channel line.

Will_Wong Updated 

out again after the market close on Friday Nov 19, on news that CEI had filed the 10-K form with the SEC. This is critical as Short Seller Kerrisdale Capital wrote a scathing report a few months ago that CEI has been delinquent in SEC filing which brought the stock down from a high of $5 to its present low of around $1. Of course Kerrisdale failed to mention that...

Will_Wong Updated 

extremely shallow nature of wave (2), wave (3) at 1.618 extension of wave 1 is ridiculously high.

Will_Wong Updated 

wave 3 top. Wave 4 was finally completed yesterday. A 40% spike was followed by a 61.8% 3-wave pullback. Wave 5's target could be any of the fib extension above Wave 3 top.

Will_Wong

Wave 3 of 3 is usually the longest wave in an impulsive 5 wave sequence.

Will_Wong

After a long and painful 61.8% retracement from its All Time High, BIDU has printed a minor 1-2,1-2 on its Wave 3 of 3.

Will_Wong

off in its worst day in a long while. I was willing to catch the falling knife because it bounced right off the long term trend support. It also completed the wave iv expanding triangle. Wave 3 targets $106 (ext 1.618) or $119 (5=1).

Will_Wong

checking, it shows that it has printed a 5 wave down. That could be a wave 3 but it is also A=C so it could be just 3 wave. In any case, we should be getting a bounce. Wave 4 could get as high as the bottom of wave 1 at $14.20. At the minimus, it should get to pivot S1 having bounced off S2. The best case is the start of an impulse off a completed ABC.