EliteTraderKal

EliteTraderKal

this huge run on NFLX may be coming to a close. There is EW/FIB evidence to support the end of the trend, and bearish divergence is occurring across all oscillators. I'd recommend taking profits in bullish positions.

EliteTraderKal

53.71 now broken, look for a bounce at confluence @ 51.71 (50% of wave 3, and 38.2% of waves 1+3)

EliteTraderKal

with the current bearishness CALM is potentially in a wave 4 look for a retracement to around 53.71 before looking to enter on a bounce.

EliteTraderKal

possibly entering wave 5 of 3 soon. look for bounce around 167.73 ... targets 176.35 and 186.34

EliteTraderKal

FEYE has broken out of a consolidation phase and now looks to have established an uptrend. Potential wave 5 starting. Confluence established by projecting wave 1 and 3 from potential bottom of wave 4. Break of 37.96 bearish cancels trade.

EliteTraderKal

TWTR looks like it's broken out of a long term consolidation and could be starting a wave three. I'm a buyer of pullbacks on the hourly level.

EliteTraderKal

A bit like AAPL this one has been on a tear, with seven consecutive positive days. It's possible we've just finished wave three and need a corrective wave four. IMHO a pullback to 82.67 or so would be healthy before continuing higher.

EliteTraderKal

Could be in a wave 4, look to enter on a bounce around 51.95 with targets around 56.23, 57.55, and 58.87 based on wave/fib projections.

EliteTraderKal

AAPL has been on a tear without a substantial pullback. We MAY have just finished wave 5 (green/primary) of 1 (red/cycle). IMHO a pullback to the 104 area would be very healthy, but a quicker/shallower pullback wouldn't be too surprising either.

EliteTraderKal

AAPL formed hammer candle at 30ema on 5 min. enter above hammer, target HOD for 3R