I think $SG has done very well throughout the last few weeks during this market sell off, price moved between the 0.5 - 0.618 Fib range and respected the levels very well
Price is still at the 0.618 Fib now too in the PM looking for support at $21.
Very clear Cup and Handle formation here too, similar to what we are seeing with $OSCR.
The reversal is not confirmed yet either a...
2025-04-14 12:05:55 +0000 UTC View Post
Big test coming up for $PLTR at the 50 Day MA which is being tested in the PM now.
The price action did attempt to hold above this MA in March but failed to hold support on the retest of this MA and dropped all the way down to the 0.5 Fib at $65....and at the 0.5 Fib we can expect an ABC correction to complete at
So far there has only been one bounce to far since $65, so if the pric...
2025-04-14 11:39:52 +0000 UTC View Post
Price is again testing the 200 Day MA from below in the PM, which is also aligning with the green support/resistance line, a flip of this level back to support at $11.65 and $SOFI is showing strong signs of a reversal.
We did add on this pull back at $13 which was slightly early but I am not concerned about that when I believe $SOFI can reach $25 in 12 months.
We don't want to time ...
2025-04-14 11:34:32 +0000 UTC View Post
$NIO doing its best to retest the important red support/resistance line at $3.61
With all important levels like this, we do want to see a retest of this level, unfortunately a rejection of this level after a retest is not a good sign and a lower low will be expected as shown.
If the bulls can recapture the red line at $3.61 then this will be rare win here and possibly bulls can buil...
2025-04-14 11:30:23 +0000 UTC View Post
The $NVDA commentary is the in line with a lot of the Mega Caps and the market that I covered yesterday.
We are also watching for a retest of the 50 WMA here, which conveniently is exactly at the ascending triangle bottom line and in between the 0.5 and 0.618 Fib levels.
So this is a very big confluence level in between $127 - $119.
I am holding $NVDA and I did not sell on thi...
2025-04-14 11:27:09 +0000 UTC View Post
$OSCR continues to give us no surprises, still in the bullish descending wedge and weathering the market storm.
The wedge apex is also aligning very well with the Earnings Date on the 7th of May before the market opens.
This chart is a reminder of why we added and why this is our top pick for the year.
We are waiting for confirmation of Wave 2 to complete and enter Wave 3 wher...
2025-04-14 11:19:35 +0000 UTC View Post
I have not shared the longer time framed chart for $HIMS for some time so now is a good time to do it.
The entire move from 2023 to the start of 2025 is Primary Wave 1 for me, the pull back we are experiencing now is Primary Wave 2 and we are still to confirm that Primary Wave 2 is complete
Holding above the blue support line, the 50 WMA, the 200 WMA and the 200 Day MA are all good ...
2025-04-14 11:09:31 +0000 UTC View Post
Key Developments
2025-04-13 19:45:55 +0000 UTC View Post
Right now we have two $SPY charts, this chart above and the Contrarian View chart that I have been sharing for the last 2 weeks and I believe everyone is clear on the difference between the two.
As I have explained all evening, let's prepare for the worst case scenario, which is the chart above.
If there is a rejection at the 50 WMA which is at the 0.618 Fib at $564, then we will kn...
2025-04-13 19:42:44 +0000 UTC View Post
This was a week for the history books and we covered a lot of it during the week, from fake tweets to moving the market by $5-$7 Trillion in either direction and then having one of its best weeks in 12 months.
I can not add a Contrarian view for the $QQQ as the price did drop below the blue line this week, which infringes upon the top in 2021
The good news is that the price action c...
2025-04-13 19:30:36 +0000 UTC View Post
For me, this has been the most interesting chart of our Top 20 list because it has been absolutely flawless and if you are a big fan of the $SPY Contrarian View then you are going to love this chart too
$V is only showing Wave 4 complete now for us
The pull back came down in 3 waves and just held above the 0.38 Fib and the only reason it held just slightly above the 0.38 fib for a s...
2025-04-13 19:18:49 +0000 UTC View Post
Elon has clearly taken a back seat in the Trump Admin lately as the limelight appears to be off him and focused on Bassent, Navarro and Lutnick now.
This has somewhat stabilised the share price over the last 2-3 weeks and the price continues to oscillate around the 200 WMA.
The pull back did go as low as the 0.78 Fib at $213 and hold, and this would be a pull back complete level to ...
2025-04-13 19:14:54 +0000 UTC View Post
$SHOP lasted 2 weeks below the 200 WMA as the market believes that small business owners that sell Chinese and Asian products in the US will be directed affected by Tariffs and this hurts $SHOPS bottom line.
I think you need to see a firm hold of support above the 200 WMA now at $78 before adding here, as the Tariff issue has not completely gone and there is unnecessary risk here right no...
2025-04-13 19:11:42 +0000 UTC View Post
I am particularly happy about the guidance we have given here and I hope you have both made money and saved money by trimming when I called Wave 5 complete.
I believe $SE is likely only completing Wave A here and we are in a Wave B bounce now before going lower below the blue line at $88, where another opportunity to add this presents itself
Let's rinse and repeat.
2025-04-13 19:07:45 +0000 UTC View Post
Another stock I added this week and I believe $PYPL has no right to be down this low and and touch $55 this week.
Technicals and fundamentals are too strong and I am glad I added at $61 and will comfortably hold this to see the new impulse wave start again.
Wave 3 can be next and that brings the price up to $127.
A +100% gain from here.
$PYPL at this price is low risk an...
2025-04-13 19:05:29 +0000 UTC View Post
I had to make a decision on Friday about buying either $NKE or $PFE as both I believe are massively oversold and aligning together in a full economic cycle.
The +8% Dividend compared to +2.94% here from $NKE made me go with $PFE
That being said I may still add $NKE as I believe it is clearly in the Buy Zone now under $60 and is an excellent long term buy and hold.
I am slightl...
2025-04-13 19:03:07 +0000 UTC View Post
For the last few months we spoke about $MSFT looking like it could drop down below the blue line at $349 and it happened this week when it dropped down to $344.
I believe some members have had buy orders in at this price and took advantage of this and the price is back to $388 now already.
There is only one bounce so far, so we need to see more price action to confirm that the corre...
2025-04-13 18:29:33 +0000 UTC View Post
This chart shows a technical analysis of Intel Corporation (ticker: INTC) using weekly Heikin Ashi candles, and it lays out a potential bullish and bearish scenario. Let’s break down what’s going on:
Moving Averages:
Blue Line 2025-04-13 18:22:09 +0000 UTC View Post
Almost identical set up to the other Mega Caps looking at a potential Wave B now
Price is back above the blue line and moving to the 50 WMA which is aligned with the 0.5 Fib at $175.
I am holding $GOOG and will continue to hold to see how this potential Wave B plays out over the next few weeks.
Any rejection and I'll trim to add again at Wave C at or below $131.
2025-04-13 18:19:27 +0000 UTC View Post
I shared this chart during the week that I do not like the set up here and it is aligning with a lot of legacy companies right now for a full economic cycle, originating from 2009 to the top in 2021 and now pulling back in a corrective wave very nicely it must be said.
If $NKE can go down to the 0.78 Fib then it is possible that $DIS can do the same but the Covid Low level at $78 is a sup...
2025-04-13 18:15:05 +0000 UTC View Post
I have mentioned this already but just so we are clear
$BTC did not infringe upon the high of 2024, it was saved within $1000, very similar to the $SPY Contrarian View, which was saved within $1....both fascinating to see
And still gives hope to both charts making a higher high next before their ABC correction
Furthermore, $BTC is in between the 50 and 200 Day MA now which is ...
2025-04-13 18:06:06 +0000 UTC View Post
What I am known for is keeping strict to my strategies, in spite of external influences and it has guided me and us very well.
Nobody wanted to touch $BABA this week when the price went under $100 and we could see clearly that it was a test of the 200 Day MA and the 0.78 Fib and the price finished the week just under $108.
We added at $102 and many of us would have been happy to add...
2025-04-13 18:00:24 +0000 UTC View Post
Back in August we bought at $160 and waited for a retest of the blue resistance line at $188 before considering selling as this was a potential Wave B, price experienced a little bit of resistance but the higher low was bought up quickly and the price ran from $160 to $242 by December, giving us a +50% gain.
Over the last 10 days we have done that same thing again
We bought with an ...
2025-04-13 17:56:45 +0000 UTC View Post
I believe is moving slowly under the radar after testing the yellow support line in between the 0.78 and 0.887 Fib support levels at $76 and has already bounced from $76 to $94.
$AMD is almost moving now in sync with $NVDA, so if both have a bullish reaction to Trumps exemptions then we could see $AMD back up to the 200 WMA at $115 next for a big test.
I am holding and have not boug...
2025-04-13 17:51:06 +0000 UTC View Post
I think the theme of today will be to plan for the worst case scenario and if there is no Wave B rejection then we simply hold.
And that is relevant with $AAPL too.
$AAPL has bounced out of the being below the 200 WMA this week with ease and finished the week right at the blue resistance line, which was the same resistance level as the 2023 high.
I believe after a number of it...
2025-04-13 17:32:25 +0000 UTC View Post
So lets look at the $HOOD chart.
Wave 5 completed just above the 2.616 Fib and could not hold above this level.....we then knew it was time to pull back for Wave A.
Wave A sold off sharply and dropped down to the 0.5 Fib, held support and then bounced back up to the 50 Day MA, rejected here and pulled back to a lower low, exactly to the 0.618 Fib below the 200 Day MA at $29.89 and h...
2025-04-11 16:52:28 +0000 UTC View Post
$JASMY making a move here and broke out of the channel and moving up to the 50 Day MA we spoke about in the last update a few days ago.
This is also at the 0.78 Fib level too at $0.014 as well
So we need this level to be flipped to support and not get a rejection at this level next.
A rejection and a lower low will be made, a flip to support and I expect a move back up to the ...
2025-04-11 16:38:25 +0000 UTC View Post
$TGT is now deep into the Buy Zone now and has not held the blue support line which held in 2023 at $102
The next support line for us is on the 0.78 Fib at $77 and this Fib level is taken from the GFC low in 2009 and the high in 2021, making this a full cycle corrective support level
We are seeing this on $NKE, $EL, $INTC, $DIS and now on $TGT
Meaning these are stocks that wer...
2025-04-11 15:13:53 +0000 UTC View Post
I am sorry for sharing this chapter most days without any changes or really a need to upload it
99% of our members know how to read a chart.
Wedge support level
200 WMA
and the 0.618 Fib support level all offer strong support levels above $10.29.
