hushedRider5271

hushedRider5271

Chwy could spike a bit into earnings. MACD and RSI reversing higher. My own opinions, not financial advice

hushedRider5271

I will be looking at this area to see if a pullback forms. RSI on the daily seems to be at peaking levels. On my wave counts I have a 5 wave impulse up, so I'm looking to see a corrective wave down if this count is valid. That being said, this is showing great strength and sitting above 20,50,200 MA. Thoughts on this?

hushedRider5271

Have we touched a bottom? Or are we closing in on a bottom. RSI Divergence with price action. Will see if a reversal breaks out after price touched an area of previous resistance.

hushedRider5271

RIVN seems to in a corrective wave down, possibly a wave C of a double three. Could revisit prior lows for support. Am looking here to see if it breaks this level or bounces off.

hushedRider5271

Charted this 2 days ago and I wasn't confident going bearish because the overall trend and spy were bullish, but this morning I was surprised by the big drop.

hushedRider5271

In the middle of a downward B wave. Looking for a reversal when wave B retraces most of length of wave A. *Not financial advice.

hushedRider5271

I believe we are forming a corrective zigzag with price pushing up a bit more to where i have V labeled. After this we could possibly see correction to form wave B. *Not financial advice.

hushedRider5271

Possibility looks like LULU forming bearish price action.

hushedRider5271

Adjusted my waves on BBY. Still foresee a flat C wave with my last post. I'm looking for $83-$100 zone for end of C wave. I'd possibly look to go short if price breaks below this expected area. Not financial advice.

hushedRider5271

Looks like we may be coming down from a C wave. If price action moves down, could confirm for me that we are ending the formation of zig zag C wave. RSI looks overbought on this time frame. Just gathering thoughts and looking to see what price action forms. Not financial advice.

hushedRider5271 Updated 

I'm feeling like we are ending a diagonal wave and the latest wave formation is a flat (3,3,5). Thus I'm seeing if something like this could play out but we'll see what happens. So pop up to finish wave B, then 5 fractals down. Thoughts, anyone? *Not financial advice, just my ideas.