$AAL has found some support on the first Fib level we have been watching on the 0.38 fib at $15 but ideally we want this to drop lower to the 0.5 Fib at $14 and have the 200 Day MA come up to meet the price action here and all meet together at the wedge breakout level at $14, for a very impressive confluence level....this is the ideal best case scenario, because a hold here is a very clear buy ...
2025-02-27 11:56:52 +0000 UTC View Post
$PLTR has now bounced on the blue line and the 50 Day MA at $85 and the price is already up to $91 now and I believe this can continue moving higher to at least the amber range between $105 - $109.
I am leaning towards the price action rejecting in this range and then pulling back to drop down below $85
So I am sharing this chart for people who feel they were caught out on the sell...
My third bullish set up this morning is $PYPL.
Support has not been found just yet but I believe it is not far from it.
We were watching to see if the 200 Day MA would hold at $75 but this week has been difficult for many assets but I believe if a market reversal comes then $PYPL could benefit greatly here.
A test of the 0.618 Fib is possible next if $75 is not recaptured this...
2025-02-27 11:50:59 +0000 UTC View Post
Another bullish set up I like right now is $VSCO and this has been brought to your attention already and I have gone into detail about this before but it is worth taking note again now too.
3 Wave pull back to the confluence level between the 200 Day MA and the 0.618 Fib at $28, a hold here and a reversal should be next and a return back to the blue line at the very least.
RSI is al...
2025-02-27 11:45:32 +0000 UTC View Post
I am really liking this set up here from $SOFI.
Wave 3 hit and rejected at the 1.618 Fib, we have a 3 wave pull back now for Wave 4, so far testing and holding on the 0.38 Fib and now followed by a bounce.
Holding above the $13.67 or recapturing the 50 Day MA at $15.80 is a buy signal for me to catch the next leg higher for Wave 5 to $25.
2025-02-27 11:41:42 +0000 UTC View Post
$OSCR has been rock solid over the last few sessions and consolidated sideways and this was when the market was being tested from a number of angles
A number of indications now show that Whales are buying on any dip at the moment and I think that would be a smart decision right now, while being in this bullish wedge.....because when it breaks and goes above our last resistance level at $1...
2025-02-26 20:53:59 +0000 UTC View Post
Some may feel hard done by after a +11% gain earlier in the day and giving all that up but we need to remember that the bounce started yesterday on the $36.14 level on the 0.618 Fib level, a level we spoke about hitting yesterday before the opening.
Price has now clearly bounced on the $36 level and went as high at $44.62 today, for a +22% jump, a very strong and positive reaction on the ...
2025-02-26 20:36:09 +0000 UTC View Post
Who will consider adding here when support is found?
The 200 Day MA just above the 200 Day MA at $274 is looking very obvious now.
Cathie Wood selling $SOFI yesterday on a retest of the 0.38 Fib at $13.67 for Wave 4 might be a very costly mistake by her...but this is not uncommon for her fund.
We have a 3 wave pull back now since rejecting at the 1.618 Fib at Wave 3, so the set up is there to move up Wave 5 next.
Holding above $13.67 and you have a straightforward buy signal here.
2025-02-26 15:50:13 +0000 UTC View Post
It's getting hot in here now
$LI has taken off, $XPEV have taken off and the HSI is very bullish.
$NIO is up +7% now today too, a break and hold above the 200 Day MA at $4.77 and $NIO could be following....PT for Wave 3 remains at the 1.618 Fib at $10.61
2025-02-26 14:46:12 +0000 UTC View Post
$GMG for me has not complete its Wave 3 yet but the share price has curved down and lost its 50 and 200 Day MA lately after there was a surprise revenue miss in their earnings this month.
A retest of the blue support line at $27 might be needed next and will also offer another opportunity to add.
Once $27 is held, I believe this should have no issue returning higher in our impulse w...
2025-02-26 14:05:10 +0000 UTC View Post
So many people have been asking for this chart in the chat groups and when I don't respond to these messages it means that the chart does not need to be updated
Please be mindful of others in this group that follow the rules, Vojtech spends a lot of time each day reminding people of this rule and it is the number one time waster for us.
I shared this chart on the first week of Ja...
$NET has overshot the 1.618 Fib for Wave 3 after a strong bounce post earnings and a bullish Feb but we can see that the price has been pulled back down below the 1.618 Fib which is a common view this week now.
I believe if the price can hold on the standard 0.38 fib at $135 for Wave 4 or the 50 Day MA just slightly below at $130 then Wave 5 can complete next up to the ATH line at $221 ne...
2025-02-26 13:53:38 +0000 UTC View Post
Has this been the best looking bullish ascending triangle breakout you have ever seen?
A formation that took 22 years to form, and as soon as there was a breakout last year at $2100, the price aggressively bounced to $2923 today in 12 months.
Big test coming up at the First Target and Psychological level at $3000, rejecting here and a retest of the 50 Day MA next at $2500 may be ne...
2025-02-26 12:53:42 +0000 UTC View Post
And there she goes!
I highlighted the wedge break out level and target levels over the last number of uploads and $LI has a habit of leading the Chinese EV/HYBRID group.
Price bounced +13% yesterday and up +9% in the PM now too and we can see that the price action is moving quickly to our Wave 3 target at the 1.618 Fib as always
Will this be the trigger to help $NIO break ou...
For me, $BIDU is in a primed position to move into Wave 3 next.
I do have a position and I have added lately around this price.
We have a Wave 2 waiting to be confirmed as complete and the price has been sitting above the 0.618 Fib level at the 50 Day MA, for a double support line.
A break and hold above the 200 Day MA next at $91 is a perfect entry to catch a move up to the 1...
2025-02-26 12:10:54 +0000 UTC View Post
I know a lot of members were keen to chase this but hopefully resisted when it was running from $50 to $92 but now you have a chance to get a lower risk entry and back down at a price before it ran.
What I am watching now is if this pull back to the 0.618 Fib at $54 yesterday is Wave 2 complete, if the price can hold above $54 (and it is up +4.5% in the PM) then we must assume that Wave 3...
2025-02-26 11:47:17 +0000 UTC View Post
I saw some savvy members speak about buying $YINN yesterday and I have spoke at length about having Chinese positions as a hedge against the US market, they are being rewarded now for their actions.
$YINN has already hit the First Target at $46 and retesting this level again in the PM and up +11% right now.
Flipping $46 to support and the next test for me is the Second Target at $71...
2025-02-26 11:40:44 +0000 UTC View Post
HSI roared another +3.2% today as Mainland China investors rush back into the HSI and Chinese positions, on a renewed AI Push. DeepSeek continues to be warmly welcomed and adopted by Chinese users and integrated into many of the Chinese Tech companies.
We can see on the chart that there was a retest of the blue line at 22,717 this week and the price has bounced and now made a higher high ...
2025-02-26 11:37:48 +0000 UTC View Post
$NVDA retesting its 0.618 Fib and 200 Day MA between $124 - $126 leading into earnings tomorrow.
This is likely a peace of art by the market makers to organise this opportunity.
The set up is there for tomorrow, bulls may feast if $NVDA knock it out of the park.
2025-02-25 20:52:15 +0000 UTC View Post
2030 is possible for $HIMS to achieve a Market Cap of $100 Billion and $456 a share (assuming no stock splits)
All my counts are used with standard theory and does not consider any parabolic moves, I am typically conservative too.
However, a 10 Year Projection is possible above, using theory and technically there is a road to a $200 Billion valuation but let's focus on the next 5 y...
2025-02-25 20:43:11 +0000 UTC View Post
We need to be mindful that Buffett is concerned about the valuation of the Market and is heavy in Cash and buying very little and selling a lot, including his Mega Cap and banking stocks.
So we must consider that Buffett believes that $SIRI is a safe haven and a hedge, since he continues to add aggressively.
We do have a breakout here and a retest of the wedge, we also have retest ...
There we have it folks, a full aggressive bounce post earnings and a full return back to its original price in 3 weeks.
There was no need to chase, no need have fomo that you missed out and this answers many questions from people who believed 'maybe this won't pull back??'
I have added in the amber fib levels now, as we know every pull back completes at least 3 waves, so a bounce t...
$ABNB found support so far today on the 0.5 Fib at $140 today, just below this level and the price drops into the Buy Zone, a drop from $164 since the 14th of Feb
Another example of the market giving you a second chance to get in and another example of why we never chase positions or need to play the earnings game.
Golden Cross about to complete here too this week, so a hold betwee...
2025-02-25 17:02:32 +0000 UTC View Post
Has made a lower low now and has dropped down below the RED 0.5 Fib at $276 now and the price looks set to test the 200 Day MA next at $230.
Failing to hold this level and the next support level that comes into play is the 0.618 Fib at $212
Meaning there is a full pull back to the standard ABC corrective Fib support level since it's top at $543.
So far this has retracted -55% ...
2025-02-25 16:59:06 +0000 UTC View Post
$PYPL have just completed their Investor Day and the price is now up +3% in the PM now. The timing of the investor day has aligned nicely with the hold on the $75 support level.
I would expect a bounce to $85 next.
Barrons have done a recap:
A new merchant platform called PayPal Open, which unifies many of its offerings including Braintree, Complete Payments, and Hyp...
2025-02-25 12:55:29 +0000 UTC View Post
It is now 18 years since the market reset (a return to its 200 Monthly MA) and since then the US has printed at an enormous rate and accelerated further due to Covid.
A market reset is unavoidable, humans save, spend, crash and repeat.
Which is why I will always focus on taking advantage of this cycle
The breath now between the price action and the 200 Monthly MA is one of th...
The 4.618 Fib is still undefeated. I have never seen a price action stay above this extended Fib without a strong pull back first and even with $AAP, this is no different.
The red fib levels are now added for a much needed ABC correction here, as the price has ran from $9 to $525 in less than 2 years.
The 200 Day MA is also moving up to the 0.618 Fib at $206 too,
2025-02-25 11:18:48 +0000 UTC View Post
Up +4% in the PM now and we have a strong bounce from our Wave A level now on the 0.5 Fib at $81 and the price is already back to $94 now in the PM.
I believe at the very least that $NVO is in Wave B now and a move up to $114 - $122 is next over the next few months.
$HIMS decline is likely having a positive effect here too.
There are no changes to this chart.
