KondrackiKarl

KondrackiKarl

Hello, Thoughts on technical chart analysis on Intel. Cup retracement 83% for a deep bowl for good long term returns if the pattern plays out. In the short term thinking about the handle we see a ~38.2% retracement. Adding a Gann Fan to help time the movements.

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Copper looks like its making strong moves and FCX is one of my top interests in the metals sector Possible Cup and Handle with measured move targeting $68 for ~48% gain!

KondrackiKarl Updated 

Looks like metals are in for a nice gain Watching XME targeting $58

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Everyone is talking about gold and silver making massive Cup and Handles but I haven't seen many measured move estimates. We are just about to touch the brim resistance with a possible consolidation before the break out and major moves up being. Trying to estimate measured move targets give me an estimate move to $26k (+24%)before a pull back. Maybe a retest but I...

KondrackiKarl

Looks like a possible Cup and Handle with massive upside is forming in Bristol Myers Squibb. $340 Target

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Weat seems to have found a bottom and is trading above the 200 daily SMA again. After the long turn down it seems a chuvashov fork formed followed by Jesse Livermore's Accumulation Cylinder Estimating a price of ~$9.50 in January 2022

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The RWM looks very bearish for the Russell 2000 Using the Gann Fan, moving averages and patterns like those mentioned in Stan Weinstein's Secrets of Profiting in Bull and Bear Markets I feel the market is in for a downturn

KondrackiKarl

Noticed this and thought I would share. Unsure how to trade this. Elliott waves would seem to say its bullish. Moving averages are trending with positive momentum. Thomas Bulkowski book seems to say possibly bearish. I am limited on time today. More to come. I think this will be bullish but am unsure

KondrackiKarl Updated 

Views on Platinum

KondrackiKarl Updated 

Hello. I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point. We have a double back test from previous resistance. One long term finding support from previous bottom resistance Another short term indicating another possible reversal. RSI is showing momentum is about to break the current downward trend Current...

KondrackiKarl Updated 

Potential bullish pennant for silver (Have been watching for 3 months now) I think this is the last higher low before we send it to $37 by the end of September for a 50% gain Using a Gann Fan it would seem the pole, target, and time line up for mid September

KondrackiKarl

We have been here before

KondrackiKarl

Just a quick chart with lines on it for Barrick Gold Three Rising Rivers Bump and Run Unsure targets at this point

KondrackiKarl

Looks like PLG is breaking out of a Pennant and getting ready to gain about 50% this month (hopefully)

KondrackiKarl Updated 

Estimating that Gold is making a Cup and Handle on the hourly chart finishing a micro correction. Measured move target correlates with Fibonacci Extension 127.2% target around $1680 which I estimate will be hit by March 2nd.

KondrackiKarl Updated 

Trying out Fibonacci Channels, Elliott Wave counts, with Fibonacci Extensions and Retracements correlations for price and date targets Estimates: Wave 2 finishing around $8200 (50% of wave 1) Right around the halving Wave 3 finishing around $18000 (161.8% of Wave 1) Date target May 20th Wave 4 and 5 are questionable and dependent on Wave 4's behavior Estimating...

KondrackiKarl

Current estimate Image below shows Fibonacci pivot points

KondrackiKarl Updated 

Silver has been regaining strong momentum I attempted to label the waves as best as I could Estimating we are in wave 3 of 5. On the Daily chart: Momentum pushing above Keltner Channels 10/20 EMA cross Positive PSAR RSI has crossed above 60 Using Fibonacci extension tool on wave 5 Pulling from Dec 7th as the start of wave 1 to $18.80 end of wave 1 and then...