jonwayne02
$CRM - looking from a breakout. Also posting this along side my previous posts on $SQ and $PINS. NYSE:CRM
$SQ – I am posting this along side $PINS because the charts are nearly identical and I want to compare what happens in the future. It appears to me to be a bearish corrective break – with the projections as charted. The ‘W’ shape top appears to have been a double top reversal = price fell to 200 day EMA. This is also the bottom of the vol profile and the .380...
$PINS – I am posting this along side $SQ because the charts are nearly identical and I want to compare what happens in the future. It appears to me to be a bearish corrective break – with the projections as charted. The ‘W’ shape top appears to have been a double top reversal = price fell to 200 day EMA. This is also the bottom of the vol profile and the .380...
$CWBHF I don't trade cannabis but found something interesting here... curious how it plays out. $CWBHF is trying to break it's 6m high. C/H could be in play - I like the upside. Cut loss below $4.5. The EMA is nearing a golden cross, positive technicals and oscillators and good momentum. OTC:CWBHF
$ZM seems to be in no-mans-land at the moment. It’s fallen below the 200 day EMA, it’s in between vol profiles and the trend line and fib .618 are indicating a further decent. While technical and oscillators are also bearish the falling wedge is positive and ARK is buying. Keeping an eye out for a good entry point. NASDAQ:ZM
$ACUIF If I have this count right we are just starting subwave 1 of wave 3. Bouncing off the vol profile and the EMA and hoovering around fib retracement levels. EMA’s lined up nicely, RSI and MACD both curling. Technicals and oscillators a bit mixed. OTC:ACUIF
$MWK Mapping out my plan for $MWK. EMA, vol profile, and Fib levels seem to be holding. RSI is oversold, MACD is catching up. Technicals and oscillators are positive. NASDAQ:MWK
$VALE Here’s my case of VALE: double bottom bounce – this time off the 100day EMA. Cup forming, start of break out of flag, positive MACD. NYSE:VALE
$ZNGA Mapping out my plan for $ZNGA. MACD and wave count shows it could drop a bit more which would align with the fib levels and bounce off the vol profile and EMA. Waiting for an entry point. NASDAQ:ZNGA
$F – Looking for a dip and consolidation for entry. The fib 0.382 should land close to the EMA and vol profile support – seems like a logical place to bounce and catapult through previous highs. Let's find out! NYSE:F
$WIX Mapping out my plan for $WIX. “I’m not an expert but I have watched a lot of youtube videos.” NASDAQ:WIX
$CCL Conflicted. Seems that we will know direction once we reach the previous high. The smaller bull flag, C/H and vol profile, the technicals/oscillators and new support at the EMA favor a breakout – but if it doesn’t form a reversal of the larger pattern it seems like a break down into a bear flag is forming...? Let’s find out! “I’m not an expert but I...
$RESN I like the potential upside here if $RESN can break through this ceiling. NASDAQ:RESN
$TSLA Mapping out a plan for $TSLA. Very hesitant due to overall market condition but I wanted to see what the chart would tell me about an entry position. NASDAQ:TSLA
$BIGC – Finally. Been waiting on this one… I think I can finally see some potential. Break out of down trend. Bounce off vol profile. Following fib levels. Price suggesting that it will ride the 100 day EMA – if the 50 day can cross that would be great confirmation. RSI is curling – MACD is inconclusive – seems to suggest a move up before consolidation....
$PLTR – Target I’ve seen the wave counts done on $PLTR different ways and I’ve seen the 1hr chart showing a H/S…so conflicting info – technical and oscillators seem to be conflicted as well. Here is what I have… $PLTR seems to have found support at the EMA – so possible bottom of H/S which would align with Fib levels and some support from the vol profile chart....