It feels like the whole world is watching $AMD to see if it can hold the $120 level, it has done very well here and has made a higher low and moved well with $NVDA on Friday.
A higher high next above $127 and the next test is the red line at $131 which we sold at in early Dec, flipping this level back to support and $164 is on again, I would be happy to add if $131 is held again.
Bu...
2025-01-05 17:47:55 +0000 UTC
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$ABNB is looking good here, it has broke out of its triangle and broken above its 50 Day MA now too to finish the week, holding above this level now at $135 and the impulse wave I have added is then on.
Wave 3 as always is at the 1.618 Fib above the 200 Day MA, so getting to $144 will be a significant bullish indication and looks set to continue moving higher to $153 for Wave 5 later.
2025-01-05 17:44:26 +0000 UTC
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I uploaded $AAPL late into the week to reassure that the pull back so far to me looks like a simple retest of the breakout level between $237 - $239, where the 50 Day MA is right at now.
Only if this range is lost would I consider $AAPL starting its ABC correction.
A lot of the Mega Caps have re-tested their breakout levels recently and it appears it is no different for $AAPL, as it...
2025-01-05 17:42:17 +0000 UTC
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Our Top 20 2024 Performance:
Performance of our TOP 20 LIST for 2024: +46%
Performance of our TOP 20 LIST for 2023 was: +24%
2024:
Positive:
$PLTR: +350%
2025-01-05 13:56:24 +0000 UTC
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We have a lot of Germans in our group, so I will try and add more DAX charts if I feel that the chart is breaking down and starting its own ABC correction.
The impulse wave is very clean, Wave 3 was perfect and Wave 4 pulled back nicely in spite of the Covid black swan event.
Wave 5 is looking very stretched now but as long as the price holds above the 2.618 Fib there is no concern....
2025-01-04 13:56:26 +0000 UTC
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TWEET:
$EWZ Brazil ETF
If the price drops down to $17 and holds on the support line, you take advantage.
+9% Dividend payment too.
2025-01-04 13:49:54 +0000 UTC
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$SOL also looking very strong here, only difference between $SOL and $ETH right now is that $SOL is still below its 50 Day MA right now....but it is looking like $SOL is moving in Subwave 3 of Wave 5 right now, so breaking above the 50 Day and the next resistance level is all the way up at the green line at $266.
$ETH, $SOL and $JASMY look very good right now.
2025-01-04 13:12:27 +0000 UTC
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Just looks so incredibly straight forward here.
Wave 2 held on the 0.618 Fib from July to Nov.
Bounced with aggression then
Pulled back again to the higher low on the 0.618 Fib at $0.032
Golden Cross happened in December too
3 Wave pull back since Dec high too
And has now made a higher low on the 50 Day MA ...
2025-01-04 13:03:09 +0000 UTC
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Stunning work from $OKLO today, up +19% after bouncing very strong on the 50 Day.
Price has also bounced out of the wedge at $24.50, so bulls will want to hold above this level next.
Successfully holding above this level and the blue line is next at $28
First Target is then $29.50
Second Target is there $35
2025-01-03 17:28:52 +0000 UTC
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Small Caps are finding their feet here on the 0.5 Fib where we had the Wave 4 level waiting.
This is also above the 200 Day MA too and we can see that the price action has been holding above the 0.5 Fib since the middle of December now.
Remember, $IWM has not been moving with the market for the last 2 years in the same count.
I believe Wave 5 has not started yet and I have it ...
2025-01-03 17:24:01 +0000 UTC
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$CELH there is a noticeable Cup forming here....no confirmation of a reversal yet but breaking above the 50 Day MA $29 and holding would be a good start.
2025-01-03 15:49:50 +0000 UTC
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One of the biggest statements from Paul Tudor Jones in Sept when he warned about inflation was that he felt Commodity prices were 'ridiculously low'
I do agree with him and the chart suggest so too, with the $DBC underneath the 200 WMA now and at the lower limit of the channel and testing the 0.5 Fib at $20.5
The risk here is that the 0.618 Fib can not be ruled out at $18.15 but t...
2025-01-03 15:26:12 +0000 UTC
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I have spoke about $BLDE and $RLX a lot but their set ups should not be ignored.
I have two buys in both and they are proving to be very lucrative already.
They do not have to be long term holds, I am happy to take the bullish set up, take strong gains and get out.....we may be long term investors but we do not ignore a simple +30% gains which can be added back into our Cash reserve...
2025-01-03 15:07:58 +0000 UTC
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Strong response from $HIMS to start the year, the 0.618 Fib is a solid support level and tested twice and held, the price action is already above the blue support line now and facing another big test today at the 50 Day MA at $26.30.
I think we will all feel more comfortable above this level too but I am ok if this doesn't happen until next week....the $25.41 is the level I want to see he...
2025-01-03 15:03:26 +0000 UTC
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Bringing this back to your attention because the chart has been immaculate and continues to look strong to complete this structure up to $35
We also have a golden cross and a breakout of a bullish channel.
PM is up healthy today too.
Those that are already in here should continue to hold and any retest of the bullish channel at $22 and holding should be considered as a suitabl...
2025-01-03 12:41:37 +0000 UTC
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$AAL is moving in a 3 wave pull back right now but I still need to see a lower low next and at the very least touching the 50 Day MA which has just gone above the 0.38 Fib at $15.
I believe a retest of the breakout level and holding presents a great opportunity to add to our position again.
I am particularly attracted to $AAL lagging the other legacy airlines in the US and Europe b...
2025-01-03 12:34:20 +0000 UTC
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I continue to like the current set up of $X, we have another test of the 200 WMA from above now, the first test happened in Sept when Biden said he was blocking the sale to Nippon and Trump has again reiterated this stance too....I believe this is bullish for $X, everyone wants this company and Presidents have expressed the same opinion too....I suspect they will be awarded with favourable cont...
2025-01-03 12:29:14 +0000 UTC
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I have added in more detail on the impulse count for 2025 but this impulse wave assumes that the price action can take back the $30 level at the 200 Day MA next.
We can see that the price action has been drifting back up to this level since the market flush down when Powell dropped the inflation bomb on us on the 19th of Dec.
We know how important the $30 level is, the price has be...
2025-01-03 12:11:56 +0000 UTC
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$NVDA held relatively well in a mixed market day yesterday, the day started very bullish across the board but as the $DXY continued to push higher it was putting enormous pressure on the index and a flush down occured, $NVDA recovered quickly and finished up +3% for the day.
Very important test coming up and this is happening in the PM now, a test of the 50 Day MA from below at $139.
<...
2025-01-03 12:02:36 +0000 UTC
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HSI pulled back for another retest of the 0.78 Fib on the first trading day of the year yesterday and once again held, price is still below the 50 Day MA so this is something I want to see broken above next in order to confirm the impulse wave 3 next.
The HSI has a habit of consolidating for long periods of time and then breaking out hard, I have no issue with this, as long as the structu...
2025-01-03 10:05:52 +0000 UTC
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During my morning scan I was brought back to this chart again, price is still in a 5 year triangle but still below its 200 WMA at $88, with its share price at $74 in the PM this morning.
The breakout level is at $75.20, so the price action is very close to this level now, there has been a number attempts at breaking out over the last few months but it has never been able to hold on the ou...
2025-01-03 09:59:12 +0000 UTC
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I sent out my Buy Alert yesterday for $RLX, in the PM the price had pulled back into the ascending triangle but as the price lead up to the opening bell, the breakout level at $2.11 was being tested....at the opening, there was strength and I added, price went as high at $2.28 on the day.
I am up +9% on this position since my first Buy in December and I am very happy with its current set ...
2025-01-03 09:53:46 +0000 UTC
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The only thing changed for me is that Wave B went quite high and attempted a double top but instead made a lower high, otherwise my opinion remains the same, Wave C is not complete and I can not consider this right now.
Fundamentals are simply appalling and worse than $PLTR, so this is a big rotten red flag for me and I would not go near this right now.
2025-01-02 19:56:41 +0000 UTC
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$LULU was in our Short List to be added to the Top 10 for 2025 and some may feel that it would be suitable to add this company in a few weeks/months
For the last 6 months the chart has been immaculate and many members gained a considerable amount, I think we will continue nailing this on the pull back too.
I believe a lower low will come in next and the 50 Day MA moving to the 0.38 ...
2025-01-02 19:52:41 +0000 UTC
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The Market Red Flags right now are:
- The $DXY moving above $114, which would mean breaking above a trend line that has been in place since 2000
-The US 10 YR going above 5.025%, levels not seen since 2008
- Mortgage applications below 2007 levels.
- Delinquencies at...
2025-01-02 19:47:20 +0000 UTC
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Starting the year strong and the price is back above the 50 Day MA now at $96.6k comfortably so far.
Wave 5 now aligns with the inauguration day too on the 20th of Jan.
We have a 3 wave pull back since the $108k level and a higher low, but we still need a higher high above $99.9k to confirm the trend is again to the upside.
But strong relative strength against the market today...
2025-01-02 19:33:13 +0000 UTC
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Like I said in the chat group, I am not too concerned about this pull back so far, a clear rejection at the 1.27 Fib at $260 perfectly and pulling back to the 1 Fib at $239 next, the 50 Day MA is exactly at the ascending triangle breakout level at $237 too, so there is a considerable amount of support right now.
$AAPL is likely pulling back because it has had such a strong run over the l...
2025-01-02 19:23:36 +0000 UTC
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This is the Dollar Index chart I have shared since I set up this group, it has not changed.
Support was found in October '24 on the 200 WMA and has bounced since but we can see that the price is testing the 0.618 Fib resistance level this week, which is standard
Above this line and the $DXY is against historical resistance levels that have been in place for longer than 25 years.
...
2025-01-02 15:50:08 +0000 UTC
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Look at this little flirt today!
Moving away from the $4.50 level and hitting $4.70, big test for $NIO will be the combination of the 50 and 200 Day MA's at $4.83.
Price has not been able to hold the 200 Day MA since July 2023, so if $NIO can do this, we would be amazed and grateful.
But until this happens, we need to hold the line and stick with our position.
2025-01-02 15:43:03 +0000 UTC
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The $220 support level is doing it's job and the price is in a good position if the market decides to rally next.
Bullish descending wedge set up here too and continues to follow our guidance.
+10% jump next here is a strong possibility once $220 holds.
2025-01-02 14:57:39 +0000 UTC
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