mcmarc2000
Bull Flag breakout with a nice momentum candle. $ sitting on support.
Head and Shoulders / Cup style pattern .. with 2 potential targets.
Head and Shoulders .. waiting for neckline break confirmation with restest.
$VXRT 22% gains today high volume. Neckline Breakout $8.74 50% fib .. targeting $15.00. Possibly more consolidation ahead before breakout but unlikely IMO because of the volume spike.
$HYLN Double Bottom with Bull Flag. Broke out Friday volume spike confirmation. Waiting for $ to break strong monthly resistance @12.65 neckline. AB=CD projection lines up perfectly with VPOC target.
Price consolidating at the moment .. wait for neckline break and $ to close above 50Ma.
$BTU - Head and Shoulders. I normally don’t trade Elliot Waves much but always nice to employ the theory when possible to add confluence and direction. I see a wave 5 ending diagonal to left, followed by a simple ABC correction and ultimately the start of a new 5 wave cycle .. which is usually the sequence order. Correction waves can get complicated, theres a...
$BTU - Swing Watchlist 11% gains last Friday. Avg Vol 4.9M. Broke MPivot n 50% Fib. Harmonics line up perfectly with R1 Target. It’ll need to break 5.20 resistance and retest before I pull the trigger. Consensus strong buy, potential 80% reward. Thoughts always appreciated 🍻
Bull Flag forming waiting for breakout. I see 2 potential targets.
Approaching strong resistance .75615 100/200MA on Daily - looking for a reversal.
I see an AB=CD pattern targeting R2 Yearly or $60.00. Bull Flag forming now waiting for Breakout.
Breakout - Broke 50Ma and closed above MPivot. I believe we have an AB=CD. Thoughts always appreciated ...