Jimmy205

Jimmy205

Possible repeat of history - very similar scenario playing out atm to 2012-2015.

Jimmy205

ROKU formed a double top in 2021, citing first price target of $140, but breaking through this, then has reached its final target in after hours trading. Chart speaks for itself....

Jimmy205

UPWORK has created an inverse head and shoulders pattern. Suggesting an primary price target of $35 (100%). Once the H&S has finished, perhaps a retracement of a golden pocket before next move.

Jimmy205 Updated 

Three target prices on screen. Used two parabola's as support and resistance and will have to see if trade idea works, breaking the bowl support will be the trade failing. On the micro scale, there's a bearish wedge suggesting a retracement back to around 5 ( support of the bullish flag )

Jimmy205 Updated 

BYND has broken out of its most recent log fib resistances. Thinking we'll see a slight correction next week. ( 15% ish ) which will also keep RSI below overbought for a while, whilst still maintaining bullish sentiment, retracement back to pink level, would form a H&S style pattern with the log chart saying target at the gap to fill. Be wary of their earnings...

Jimmy205

Coming to end of the bowl and we had a false breakout yesterday which created a bearish hammer. Also a bump and run pattern suggesting we'll break the bowl and 0.00066.. ratio. Bullish RSI divergence as well.

Jimmy205

Cup has already formed and handle is in a declining expanding wedge format. Breakout of the upper wedge resistance is likely and then to be held as support. Fib levels mark price targets . RSI support as well

Jimmy205 Updated 

Three drives pattern emerged. Breakout of strong resistance level, but is it another false breakout like last time? Great indicator of a reversal would be to see RSI sustain above 56. Fingers crossed it works out.

Jimmy205 Updated 

June 2019 - Dec 2019 BYND had a correction to the 1.618 fib level and retraced back to 1 fib level. Now - same scenario, same retracement back to 1.618 fib level, so will BYND stick to its target at 1 fib level ( 100 ) Gap to close at 95. We've had a break out of the diagonal resistance and 3 touches of it as support ( three drives ). Will we see a rocket to 100?

Jimmy205 Updated 

Major RSI log support - break through it to crash the USDX is bullish for crypto and stocks. Great support 10% lower than it is now. Hit resistance few weeks back. All eyes on RSI as leading indictor - will the bowl break?

Jimmy205

A possible repeat of history? Third major bullish divergence backed by RSI. Breakout of the bowl is essential for movements higher or we'll be continuing to test it down to 35.

Jimmy205

Breakout of the diamond pattern in 5th week of weekly candles. Bullish divergence with RSI confirming this. Lot of resistance around 27 Super important for us to break above the 26 EMA which has been rejected for nearly a year now, strong candle through it then to be used as support is great signal.

Jimmy205

There's a potential reversal on BYND. We've hit a solid support now but are still yet to overcome the resistance. If resistance is overcome I can see the 50s happening again and perhaps a retracement to resistance forming a H&S. They dropped 25% on earnings and rallied +10% intraday. Reported 110 mil and maintain 590mil avg yearly rev. That means BYND think the...

Jimmy205

Fib levels in current correction correlated to previous correction that ended with COVID crash.

Jimmy205

The first bull wave occurred from 2010 to 2013, obeying strict levels as it rose. The second bull run from 2015 to current has so far stuck to the exact same levels. The only difference is this bull run has sometimes had two retracements of crucial levels. In this case, I believe we're just going through a secondary retracement of the levels. 170k price target

Jimmy205

Same old story, bullish flag. ETH either drops at a lesser rate than BTC or ETH rallies at a greater rate than BTC.

Jimmy205 Updated 

Draft Kings has completed its Head and shoulders after breaking the neck line at the start of November. A sensible price target would be the the point at which the neck broke - this also correlates with the golden pocket region. I do think that DKNG might have another 10% or so to fall, as the strength trading system ( as taught by enTHUZed ) would require us to...

Jimmy205

TSLA may be repeating history, with common chart patterns and fib levels for the run from 2012-2014. I believe Tesla is in its downwards channel phase since its ath which is common to the early 2014 downwards wedge. I expect us to get to the blue level in the next 6 months at $1400.