abhigargin

abhigargin

Connected some of the tops & bottoms for Dow from 1896 to today on Logarithmic chart. The orange trendline connects the tops from 1929 and Dot com bubble in 2000. Looks like Dow crossed above that trend line during Covid's market boom (may be due to advance of Tech & future potential), and we tested that orange trendline from the upside as support in Feb/Mar...

abhigargin Updated 

Based on the trend channel above, looks set to reach 43-44, then will come back down to mid or high 30's, and then back up into the channel. Ignore the big bump above the channel in late 2017, at that was anomaly and we gotta weed out the anomalies to identify the long term trend. A definite buy at this point, but keep a small trailing stop loss, as it might...

abhigargin

AMD appears to be in the beginning of another sideways trend starting this week. It might consolidate near 31, then jump to high-30s or low-40s in a few months.

abhigargin

PD stock had its IPO earlier this year and after scaling new heights, it came down and reached its support earlier this week around 44 to 46, and has a good growth potential for the foreseeable future. Based on latest earnings reports, the company is doing well and can see significant increases in stock price. A definite buy.

abhigargin

OKTA has a strong chance to grow off of a strong support lvl of around 108 to 111. It's been tested for past few weeks. From the Gann, it had crossed low 80's at 1/8, mid-80's at 1/4, low 90's at 1/3, then mid-90's at 1/2 and finally stable at 1/1 around 107. In the next phase, it jumped to 113 last week, could drop down to between 108-111, then next stop for...

abhigargin

Just drew a Gann diagram for CRLF. Looks like a downward trend, but a frequent rebound seems likely due to the 200 MA and support levels. It's been trading sideways for weeks now. Potential for a slow drop to 9.9 support, buy it, then could easily climb to 11.5 and would be worthy of being sold. Don't buy now. Wait till next week.