croganm

croganm Updated 

Been a while since I've done a true VWAP analysis of the market here, but after today's rally, it seems like a great time. Basically, the market has been oversold for a while and everyone knew a bounce was coming. Taking a short position this week was quite insane just because a face-ripper of a rally was imminent and the R:R just wasn't worth it. Over the past...

croganm

Just a quick little post, been a while. SAVE is looking quite nice right now actually. Above all the VWAP's (won't let me draw them from the ATH, but I can assume it's above that point) and fib extensions look quite nice. Here's a quick moving average update. Not the best trendline, I know, but even with the 3 turning points, it definitely helps give you an...

croganm Updated 

Hey Guys, things seem to be looking up a lot for the SPY, here seems to be one of the many scenarios here that could play out. The SPY seemed to have a fantastic run up here with a slight retractment (B-C) and a possible measured move up to D. Only problem is, that if D is reached, the SPY will have to be completely gassed, meaning it's best to wait for a...

croganm Updated 

Hey guys! Been a while since I've posted an update, figured I'd try to crank one out! Market is looking awfully sketchy right now. Second time this year we decided to touch the 200 day MA, and that is far from a good sign. All signs point bearish right now, however there is a little light at the end of the tunnel. RSI is wayy oversold right now on the daily time...

croganm

Hey Guys, here with a quick idea, but does not mean this idea is meaningless. ARCH has amazing fundamentals. Do your own DD but I promise they're fantastic Huge uptrend, 0.5 retractment, rising 5-Day MA, and positive ichimoku are looking good for this stock. Profit target of 114. Likely route is that it hits the top, retracts a little, then continues on to 114....

croganm Updated 

Hey guys, I'm back to report on this new stock that I found and I'm loving it right now. The name of the company is Vale, they're steel manufacturers. This company has had fantastic earnings growth and is still undervalued with only a 5 ev/ebitda still! Their stock got beat down all the way to $2 a share but they have made an amazing comeback, obtaining around...

croganm

Hey Guys, Gonna make this very quick. Steel is looking ridiculous right now. It broke out of its logarithmic resistance (extremely hard thing to do, took around 8 years), is at a daily resistance right now of around 51.60, and has fantastic potential to jump up to 57.00-58.00 MINIMUM, 76.00 being Aggressive. That doesn't even include the new tariff Trump put in...

croganm Updated 

Hey guys, I've been posting a lot of Bullish ideas recently, however due to the market instability, negative fundamentals, and recent failure to move past a key resistance point for the Indices, I've decided to post a short idea I know I could very possibly use myself if the market proves to be bearish. This stock, INCY, is ridiculously horrible. It's truthfully...

croganm Updated 

So MU has been insane this year and has been one of my most profitable picks, however, I try to limit greed and sold when my stop losses were triggered, seeming like a decent move for opportunity cost. However, something big here seems to be forming. Looking at a logarithmic chart on the daily time-span, we see a fantastic channel forming. This stock looks poised...

croganm Updated 

This is definitely going to be one of my shorter post, but I do want to mention that BTC is looking really good right now. Positive sloping 5-Day Moving Average, extremely bullish ichimoku, and most importantly, BTC has finally crossed it's yearly VWAP!!! Daily time frame is looking decent as well, we should go to 12k before seeing some resistance and falling...

croganm Updated 

Hey guys, If any of you have seen, I was calling a 500 point (conservative) dip in the Nasdaq a couple weeks ago and we seem to have got around that (A 900 point dip, even better). Correction seems to be over for the most part. We have a positive slopping 5 Day Moving Average, the Ichimoku cloud seems to have some good readings here indicating a strong uptrend....

croganm Updated 

So, let me tell you guys a little story. Back towards the end of 2002, the market finally started to recover from the .com crash. Things look well until the beginning of 2004 causes a 0.382 retractment. The market still had a strong uptrend however, and carried on until the 1.618 retraction in 2008. Then, another crash. This time the bottom was nearly the same...

croganm

So, OSTK here is at a very nice support point. I think it has one last bull run in it before correcting based off the Bullish Cypher we have going here. I'm giving it a profit target of around $80. Good Luck and do with this information as you wish

croganm

If any of you guys have seen my last post about the NASDAQ, I showed a couple retractments I thought should make us all very weary. Well, I'm here to share another interesting piece. It's obvious the normal graph of the NASDAQ has no long term support or resistance. It's impossible, too much compounding going on. However, using the log feature in order to limit...

croganm Updated 

Is this a joke or something.....Someone please confirm?? This rollercoaster of emotion has possibly created a pullish gartley with a take profit 1 range of 313 and 338, as well as a take profit 2 range of 479 and 554... Damn...

croganm Updated 

Drop to 230-240 towards 9 AM Eastern, profit targets of 265-270 and 302-318. If it hits 302, it means it finally broke that down trending resistance line, meaning it wouldn't be a bad time and hop on for a ride to 337.

croganm

Something to keep our eye on. End game is 113 by January 12th, if this holds true, then I will do a short profit target analysis

croganm

Elliot wave correction seems to be over, caught onto that 310 support, makes sense after the recent run up, just have to hold now until point 5 of the major wave (493-509).