novamatic

novamatic

Chart is pretty clear. There is a big gap at $212 and a number of points of confluence. The lower trend line on rising wedge aligns with the gap, and other key levels. I'm using SOXS for the gap fill.

novamatic Updated 

The chart you see here is SET:ICT and it just tested a multi-decade lower trendline that started in 2008. I can see us trading sideways for one more test, potentially, before a big up. We've just tested the 61.8 (to the pin) of this retrace and I expect sideways consolidation.

novamatic Updated 

You are viewing INTC on a log chart. simple and clean. Downside limit is $29. it is likely we bounce sideways until July/August before liftoff. now is a good time to start DCAing. My plan is to buy 25% of my total investment every 2 weeks from now.

novamatic Updated 

It is pretty simple. Unless the dotted red line at $230, in partnership with the rising white channel, we're likely to see $205. On the flip side, I don't think it is unlikely to see us test the descending red trendline and get into the $250s. If that downward trend is broken, we may see some upside. But the EV market is becoming saturated, people are losing faith...

05:15

novamatic Updated 

A bit of Fibonacci with some ineresting patterns that I've seen play out over time. Earnings coming up in January? Could that blow things up to the upside or continue our sideways pattern? I'm looking at this almost purely from a charting perspective. Would love to hear your thoughts.

02:06

novamatic Updated 

Showing key levels for a cup and handle move on INTC. We've maintained price in the 38.2, so far. this is bullish for an upward move.

novamatic

The chart is perfect. We've pulled back to the 61.8 level and found a base. ACLS is in the semiconductor segment and has experienced a significant pullback. I see this is a very safe entry level.

novamatic

I'm sharing this analysis of MAG7 to gather feedback. This analysis is based on a LOG chart. it uses Fibonacci levels and TA to help extrapolate tops, pullbacks and bottoms.

03:52

novamatic Updated 

Just working with fibs and trends, I see a potential entry around the $2.65 level. There are a number of confluences that make this a strong consideration. As always, I'm keeping this as short as I can while sharing important information. I'd like to know what you think.

novamatic Updated 

1. We have a gap hanging out on the chart at the $197 level, which has yet to fill. 2. 50% retrace from the lows in June 2022 ~$192 3. long-term channel just under the retrace What do you think?

novamatic Updated 

The chart is fairly self-explanatory. We have a huge amount of support at the ~7.00 level. The descending trendline may keep us from breaking out much past the $8 mark. And it could do a full round trip back to supply at $7. EV has been crushed and this may be a good opportunity for a lower (NOT LOW RISK) trade with a safe stop.

novamatic Updated 

There are a number of trends and fibs that are showing SMH could be $350 by December of 2025. Of course, the smaller channel intersects with top of the larger channel right around that time, which would be likely to see a significant pullback. Thoughts? Questions? Let me know and boost if you like this idea!

novamatic Updated 

Pretty simple setup. You can see the channel that we've formed (white arrows for highs/lows) and the fib retrace that align perfectly with this level. What do you think?

novamatic

This is an interesting idea that was posted a long time ago. I updated it with fibs and likely path to SPX 8000. This is just a very high -level thought process that I wanted to share and get feedback on. Yes, the chart is messy.

12:51

novamatic

This is a technique I use to figure out where a stock that is falling hard may stop. In many cases, people fail to realize how much further a stock can actually fall, especially when it seems like it is already beaten up. JBLU and NIO are perfect examples, and Fibs can tell you exactly where to go long, or at lest, where to start watching for a safe long...

novamatic Updated 

This is a very long-term view of SMH. You can see the FIB that is in play which is anchored at $41 in December of 2018. We ran up all the way to just about $160 in December of 2021. We had a hard pullback to $84 and did a fast turn around, again to $160, in July of 2023. We retraced almost perfectly to the 50% of that move to $136 and we are now in the uptrend...

novamatic Updated 

I like to explore lots of ideas. This is one that seems unthinkable but hey, ya never know. This is a long-term channel and we've formed what looks like a cup and handle. If earnings disappoints, which it very well could, we may find ourselves making the first leg of that handle very quickly. What do you think?

novamatic Updated 

This is the opposing view to is AMD going to miss on earnings, which I just posted. The way the market seems to be going for SEMIs, this could be the case. But I'm wondering what you think