dionvuletich

dionvuletich Updated 

This one is better than Nasdaq, has indicator divergence as well and is earlier Possibility for +20% correction from here

dionvuletich

Doubling up on my prior post, The quarterly and the monthly chart both have the same 2618 pattern present If today closes where it is we will have the same bullish pattern on 2x timeframes both with bullish hammer patterns present

dionvuletich

AMP (ASX) on the quarterly has a 2618 pattern This is a double bottom followed by a breakout in this case its to the upside confirming the double bottom, followed by a 61.8% retracement Hence named 2618 If today closes near where it is, it will form a bullish hammer which supports a move higher in the medium term Full disclosure I already own this stock from...

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Big picture view of NZX 50 Index NZ50G Quarterly Chart Basic Elliott Wave - 8 wave structure shown... with where I think we are now We appear to be in a long term 5 wave trending move higher Currently within a choppy wave 4 structure that is near completion of a triangle pattern Triangle patterns are typically Wave 4's and lead to continuation of the trend that...

dionvuletich Updated 

DAX monthly chart hitting fibonacci extension cluster level The Dax typically leads the Dow to some degree, and has a deeply overbought RSI now at a potential resistance zone Likely to have a retracement in the short to medium term Not trading this, but highlighting as it may indicate that other western indices may follow suit and struggle to increase in the...

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Breakout and retest with bollinger band squeeze I've posted multiple times about this stock and it is no doubt high risk and speculative, but technically it is showing bullish signs in my opinion and looking ready to move Full disclosure I've owned this stock for a while now, and looking at long term (years) play

dionvuletich Updated 

Weekly chart of BKY Currently breaking out of weekly triangle within a larger triangle pattern Will likely get to $0.57c relatively quickly which is the larger triangle trend line Given the hovering around current levels I'm almost thinking that is accumulation which may push this through multi year resistances and breakout for a strong move higher Full...

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I'm already in this, but structure is interesting as it looks like a strong move is coming shortly Triangle breakout and retest complete... Watch this space!

dionvuletich Updated 

BKY Monthly chart Elliot wave corrective patterns and Large triangle, added Triangle base target estimate to possible breakout area Likely $2.70, currently $0.425 = 630% or 6.3 reward to risk if you are willing to keep it to $0.00 Not making money but very experienced and qualified management team developing its spanish mine, BKY has a current ratio of 31x...

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Elliotticians, don't crucify me... I'm no expert in EW theory! But I believe we are seeing a super high level double or triple three pattern emerging in NAB Long term it appears that NAB was in a trending pattern till 2009 Currently we are in a long term corrective phase, which consists of large Flat corrections and zigzags or triangles Overall we just completed...

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PEB I already own this as a long term investment, but interesting chart right now.... Currently had gap down due to bad Medicare news removing product from approved test list, but shortly afterwards one product was ranked highest A+ for test credibility so this may remove the previous restriction in Medicare and open market again Technically this has a long term...

dionvuletich Updated 

Triangle Pattern, breaking out to upside - likely to see increases for the next 4-10 weeks

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XAUUSD weekly, has butterfly pattern with RSI divergence Likely retrace back from here to around the 50ema, which is around the 2500 level give or take

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Monthly chart has clear 5 wave move into longer term bullish fibonacci cluster level This stock has taken a battering over the last few years and recently there is a monthly spinning top outside of the bollinger bands and a gap on the weekly at $1.05, so there is at least 25-30c to close this... I'm looking at the longer term bullish bias, so wont be trading...

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Long term butterfly pattern on the Monthly Hit long term fibonacci cluster, I've already bought this as a long term position

dionvuletich Updated 

Already bought this back in November, but this is an update as it has currently broken out of a triangle and also a bollinger band squeeze pattern Likely to move higher relatively quickly now that the consolidation has completed

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CVT closing in on 2009 low, I've entered within the triangle, scaling in as a small early position (this is a multi year trade) Currently broken lower as most triangles continue on, and there is a 5 wave structure lower and showing a fib cluster for a potential end of wave 5 Will buy again around the wave 5 cluster low if there are some bullish candles start...

dionvuletich

Close to 2009 low, looking for a reason to buy on the lower timeframes at support Indicators are oversold as well on the monthly chart