Currently at a support going into weekly open. Last wave has been retraced to its Impulse Core. If any energy left in this wave, it should be here. Otherwise, next support is a MAJOR fib at $2307.19. If that fib breaks, then bulls will be done for a while. If risk-off remains the sentiment, look for $2700 next. ===============================================
TSLA has just hit a Genesis fib at $179.94. Expecting some bounce but looking lower. Golden fib below at $157.16 would be ideal. Here is a full view of the Genesis Fib See "related Ideas" below for my methodology.
META is pounding on a Golden Genesis fib at 489.06. Notice the bottom EXACTLY on a Golden fib at 87.47. Also see the peak at 198.47 and orbit around 309.57. It is PROBABLE that we orbit this fib a few times. It is POSSIBLE we have topped, at least temporarily. It is PLAUSIBLE that it breaks and pops to the next fib. Here is a full view and explantion of the...
OSK just hit a double-fib at 125.42/52. Both are Golden ratios (.618 multiples). Could double top here or break and run. . "Double Top" as in the previous rejection exactly from this double fib: Perhaps not exactly a double top since it had gone higher, but a major barrier nonetheless. . If it breaks the $125 fibs, it could run to $143-145 very quickly: So...
This is a follow up to my $177 breakout call (click). Nearing a significant resistance around $188. Expecting a pullback but the market is strong. At the least we should get some sideways action. $ 187.49 - 188.98 is the immediate resistance of interest. $ 197.94 - 199.63 is next major resistance and maybe top. $ 181.95 - 182.39 is first good support that...
ANF has been on a relentless bull run. It has obviously hit "a" top if not "the" top. Mapped are key areas of interest for entries. $ 111.65-112.64 is current support, should break. $ 103.14-103.14 is the minimum expected retrace. $ 91.53 - 92.54 is the 'Ideal" zone for long entries. Key is to observe price action at each fib for...
Follow-up to my previous 5137 Top Call (click). Markets appear to be retracing finally. This could be just the start of correction. Minimum next leg depicted goes to 4900-ish. $ 5109-5137 is major resistance that may be retested. $ 5044-5049 a minor support that will hopefully bounce. $ 4896-4924 is next major support and BEST GUESS...
ETSY is at a major support right now. Tight confluence of two major golden fibs. BEST chance for bulls to paint a bottom here. ========================================
SPX500 has just hit a massive resistance zone. Cluster includes Genesis, Covid, and other fibs. Expecting a reaction here, perhaps a local top? 5109 - 5166 is the exact zone of interest. 4896 - 4901 is the first good support below. 5429 - 5493 is next major resistance above. ==========================================
Shown above is the same Fibonacci series, in 3 different time-frames. Assets have many Impulses in a lifetime, but only one "Genesis Pulse". Genesis as in "birth", programmed with all of the DNA it will ever have. That Impulse determines the "Sequence" of growth spurts and retraces. Imagine it this way: - Each owner of the asset convinces on average 1.618 others...
This is a follow up to my $1.375 Top Call (click). Retrace has painted a nice ABC corrective wave. The ratios and fib action suggest retrace is done. At the very least, we should get a decent bounce. $ 0.6033 - 0.6172 is the immediate support. $ 0.3954 - 0.4201 is the next major support. $ 0.8983 - 0.9076 is the first major resistance.
Google finally made new highs. Just hit a major resistance cluster. Watching closely here, could turn. $ 157.95 - 160.24 is immediate resistance. $ 149.93 - 150.66 is first good support below. $ 202.23 - 203.89 is next major target above. ========================================
JPM is sitting on a Golden Genesis fib. Earnings to be reported today afterhours. Launch pad here? or fail and mark the top? $ 193.50 - 194.69 is the immediate support. $ 176.07 - 176.37 is first good support below. $ 206.20 - 207.37 first resistance just above. ========================================
RUNE eyes on $ 4.31 for key Support. Possible launch pad for next leg up. Failure of that level could drop hard. This is a follow up to previous analysis ================================================================================================
Intel may now be the Dinosaur of the industry. Just hit a major support that bulls must hold. Expecting at least a small bounce if not bottom. $ 36.56 - 37.03 is the critical support to hold. $ 31.30 - 31.88 is the next strong support below. $ 41.08 - 41.24 is the minimum bounce needed. ===========================================
Quick post to alert of BOBA at a major fib.. Golden fib at $1.3111 is a major landmark. What happens here will offer some clues. It is PROBABLE that we get a pullback. It is POSSIBLE to break and retest to fly. It is PLAUSIBLE that we have "the top". ================================
Biotech is still near its Covid lows. This etf is about to test a key level. Expecting a bounce here, lets see. $ 87.87 - 88.99 is the immediate support. $ 79.23 - 80.50 is the next strongest support. $ 93.15 - 93.21 the first major resistance above. ===========================================
MCD has been retracing from $300. Now at a major support around 269. Strongest support above the 250 area. $ 268.98 - 269.67 is the exact zone of interest. $ 250.05 - 251.41 is the next strong support below. $ 273.05 - 274.41 is the immediate resistance above. ===============================================