JerryManders

JerryManders Updated 

This chart uses symmetric trajectories from the early distribution phases to estimate the path price will take to initiate markdown. Initial target = 506-508. If SPY finds resistance at 516 then the initial target could hit by the end of this week (5/10). If SPY breaks above 516 it should find resistance at 518-520, and then the initial target will be delayed -...

JerryManders

I've made good profit playing MSFT calls over the past year. But now I'm seeing evidence that a major top is in, and there will be some explosive downside near/mid term. Sell zone is 410-420 (so if it goes to 420 I'll take that as a gift to load June puts). Expecting the reversal to the downside to begin by May 10th. Target 1 = 399 by 5/17 Target 2 = 390 by...

JerryManders Updated 

I've been away refining my method and have returned to deliver a series of important predictions for the coming weeks. The first is a look at the general market using S&P futures. Here is a summary of this chart: ** 2 key levels (above and below): 5163 was the breakdown level from back in April - a retest of this level for resistance is very bearish, but if...

JerryManders Updated 

This is a rough estimate projection of what I'm expecting in the coming weeks for the market. I'll post a more detailed analysis once wave 4 is confirmed. Here is the summary (this is not an EWT analysis, so you;ll have to take my word on it for this count - rather, its a rough forecast for what to expect that uses an EWC to simplify my pivot references): -...

JerryManders

Nice shakeout before a swift reversal that will start this week. Bullish here with target zone 450-457 by 4/26. Buying this dip as we near the end of this corrective wave.

JerryManders Updated 

Bullish on ANET for a pre-earnings run up. Breakout level = 297 . I am buying any dip over the next day or so in the 284-287 range (buy zone). If it breaks above 297 I'll chase. *Initial target range = 306-313 by 4/19 **Goal Target = 335 by 4/26 - Stop Loss = sustained break below 285, if this occurs it will form a "spring" in its re-accumulation phase in the...

JerryManders Updated 

PANW has traded in a boring range since I last posted my original idea (linked below). Here are the dynamics that have unfolded, and my forecast from here: - The main factor we need to determine is if the recent consolidation is accumulation or re-distribution (I'm leaning toward re-distribution with a UTAD upcoming - meaning one more pop before major drop). -...

JerryManders Updated 

In summary, if you are in (or considering buying) shares, this is Mid-term bearish. I would highly recommend against entering or adding shares here. You will likely have a better chance to exit/sell in the 330s around March 11-12th. For those playing options, I can share my strategy - you'll have to be nimble to swing this for profits, but very do-able since I...

JerryManders Updated 

As my grandma used to say, "we don't play in the snow, we just make it rain when the temperatures low" Bullish mid-long term. Bullish near-term IF it regains 164 in the coming days. - If it breaks back above 164 by 3/14 then my initial target is 187 by 3/25/2024 - Regardless, it will be trading at 207 minimum by end of 2024. Point target by end of 2024 = 287 ...

JerryManders

Bullish on EFX for its upcoming earnings (release is 4/17 after the bell). Initital target = 275 Goal Target (near-term) = 290-300 Goal Target Mid-term = 338 (that will be the top before a new corrective wave starts)

JerryManders Updated 

Here is a bullish play on a name you've probably never heard of unless you love bowling lol. I love bowling. Bowlero Inc is the next MOASS that could put GME/AMC to shame. Quick stats: Short Percentage of the Float: 90.4% Short Interest Ratio/Days to Cover: 11.2 Average Trading Volume (3m): 1,270,749 (High liquidity) Cost to Borrow:...

04:40

JerryManders Updated 

This video is an extension of my recent post MDB - bullish "Mar 22 calls will print" I sent an update with that idea that I have been adding this morning, but didn't explain why. So in this video I explain why MDB is about to reverse big. I compare the setup to NVDA back in Nov 2023, hope this makes sense. My confidence that MDB will be trading in the 400s next...

JerryManders Updated 

MDB is completing a gnarly corrective wave and is showing signals the local bottom is in. I just entered Mar 22 420 calls for 1.10. Buy Zone = 360-370 Initial Target = 420 by 3/20 ~~If it breaks 420 it will squeeze a lot higher. If you followed me recently I was bearish on MDB and it dropped as expected, now its an opportunity to enter long. One of my favorite...

JerryManders Updated 

Bears/shorts are about to get absolutely slaughtered over the next couple weeks. By the time everyone switches long it will tank... Same story every time. I just went long MSFT with a buy zone 413-419. I will add if we get another lower low but not expecting that. Initial target 427 by 4/5. Goal Target 440s by end of April. Stop loss close below 407. Don't...

JerryManders Updated 

MSTR has the setup to make a move similar to Jan/Feb of 2021. Needs to clear 658 for this to activate. - initial target 658 by 1/3/2024 - If it breaks this next target is 781 (gap fill) by end of Jan. 2024 - If both of the above hit it will get insane from there, 1300+

JerryManders Updated 

Entered Apr 5 910 calls for 23.00 A few points to consider here: - NVDA is up 400 points frm my initial buy recommendation in Jan 2024, its completely natural to get a pullback here as the re-accumulation phase completes - If you're long and sell here, you are the definition of weak hands - If you enter short here, god bless your soul Apr 5 910 calls for 23.00

JerryManders Updated 

The black arrow/path is my near-term forecast, I expect price to trade along this trajectory. As the title indicates, the market is near-term bullish but don't enter long or add until Feb 27th for the following reasons: 1) chart perspective : The structure is setting up for a sustained break of 5039 to make a final leg higher to complete a smaller degree wave 5...

JerryManders Updated 

At this point, share holders just leave, options players there is still some change long. - Don't expect a new bull market that welcomes building new underlying positions at these levels, but at the same time be careful shorting yet either - below is a summary of the possible scenarios to expect from here (if you don't like the "noise" in the chart I suggest...