arich1282

arich1282 Updated 

I've been tracking this for approx 9 months - I thought it had finished its form much earlier however I kept re-drawing trend lines - checking time frames high and low like a mad man. The consensus I keep coming too is we have a huge opportunity here. Diamond patterns are characterized as very rare however extremely reliable bc of how rare they are. They higher...

arich1282

Looks like the diamond pattern has broken completely and price project is down to approx 25 - 23. Coincidently the june 16th $23 puts have seen massive action yesterday (3/16/23) and today 3/17/23 Do you see what I see, yes or no, any thoughts otherwise or in agreement?

arich1282 Updated 

So im looking at a textbook look at a double top pattern and this set up looks to be almost identical - There's going to be a drift higher before the fade really comes in. That may be in the form of a slight green day Thursday into Friday but I would wager that Friday is gonna start a blood bath. Worst case scenario Monday its going to drop off for a nice money...

arich1282 Updated 

It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance...

arich1282 Updated 

It is in my humble opinion TSM is looking at a rather large drop looming ahead - symmetrically the pattern meets the harmonic qualifications as well as the elliot wave theory macro wave iterations. It is possible TSM will make a small shoulder before breaking the $100 price level - should it break this level and close below I believe it will be a swift fall to...

arich1282 Updated 

Hey, Hi, Ho, whats up, Seems to me like we have a pretty decent diamon pattern playing out here after a more than massive drop to the stock. I have found, and its also pretty well recognized that although rare, diamond patterns are extremely profitable if played correctly. Not only can you flip short exp calls and puts as the up and down waves are pretty...

arich1282

I have seen several ideas relating to NVDA on here using TA to suggest that the pattern forming is a falling wedge which once completed will lead to another leg up on the elliot waves (leg 3 to 4). I agree that this will proabably be a move that it makes in the future however in the near term (30 days or so) I think thru January the head and shoulders pattern...

arich1282

AMD is basically perfect - this huge elliot wave pattern is finally entering its final leg up - something I've been tracking for quite some time. Felt like wave 3-4 would never end but alas it has. It has respected the overall trend line almost to the "T". In addition it looks to me as if it just completed a smaller 12345 over the past few days - based on that...