MrSparkles69

MrSparkles69 Updated 

I think SSIA is about to break out of its triangle B wave. Let's see if it holds above the 200 week MA. The 20-week MA and 200-week MA is about to cross also. At least we are going to 600. Hold tight

MrSparkles69 Updated 

Yesterday's rally was pretty strong. Today's rally invalidated the 4th wave rule. I conclude that this is a textbook flat move. Pretty damn interesting considering that the fundamentals supports the target price. We enter at the (ii) wave. Good luck.

MrSparkles69

JPFA is looking interesting right now. Last week's volume gives me the hint. Other complementary sentiments are the low corn price and Eid Mubarak most probably will boost JPFA's earnings this first quarter. Stay tuned

MrSparkles69

Cotton has risen by quite a lot YTD. I believe it will continue going north. We'll see how it plays out.

MrSparkles69

Leading diagonal is finished. Yesterday's dump following Bitcoin's dump marks the second wave. It's going to the third wave now.

MrSparkles69

Last Friday's move just made it more bullish. The $13 mark would provide a huge resistance (look back to 2021). The fifth wave of the (iii) wave is going there I believe.

MrSparkles69 Updated 

I believe we are at the fourth wave. Retracement is very minimal (currently is always above the 23.6% fibonacci). $400 is the target. Hold tight

MrSparkles69 Updated 

Pretty straightforward counting. Currently sitting at (iv) wave. Wave (v) of wave 3 target is around $3.5

MrSparkles69

I think LRC is approacing its terminal stage. Wave 5 of (c) of 5 must develop first I suppose. Please let me know if you have a different count. Thanks

MrSparkles69 Updated 

Another nickel-related stock. Earnings wise is quite good compared to MBMA. PE < 10, PBV is still quite expensive. It's very interesting since NCKL's management has set the MHP (Mixed Hydroxide Precipitate), EV battery raw ingredient production to double in 2024. Earnings will get significant boost due to this. Nevertheless, we have to pay attention to nickel...

MrSparkles69 Updated 

2023 was a bad year for INCO, and it I think it will continue being depressed for 2024 given the oversupply nickel condition. I will make an entry after the (v) wave of the third wave ends. Wave 5 is gonna end somewhere around the 2000 level I believe.

MrSparkles69

Election stock. Related to the bull party. Technical-wise is very interesting. Currently hanging around the previous ATH level. Correction happening right now has low volume compared when RAJA broke its own previous ATH. I think it is going to 2000.

MrSparkles69

Another hot stock. Sharia bank. Foreign institutions love this stock. I wouldn't enter now. Wait for the fourth wave to develop.

MrSparkles69

Is INDY set to make a Head and Shoulders pattern by making and upside correction? The chart tells me so. We are at a demand zone from 2021 as you can see from those choppy candles. I believe theres little risk if we enter now.

MrSparkles69

In this scenario, we are also on the (b) wave of the (X) wave. I expect PTBA to drop again for a bit. The 200-day MA could offer a strong resistance for the (c) wave. It could poke through, but I think its gonna continue to the downside afterwards.

MrSparkles69

I believe we are in the B wave of the latest ABC correction to the upside. I'll post my other slightly different scenario than this one. Please do share your ideas if you count any different from what I did. Thanks

MrSparkles69

FNKO shares exploded 26% yesterday on the announcement of a 25% acquisition of its shares by former Disney CEO, Bob Iger, and his consortium. Could this be the third wave to the upside ? The wave counting seems legit. Yesterday's gain also broke the $20.85 pivot high formed on 4 March 2022. This will be a very interesting month for FNKO.

MrSparkles69

Sector rotation looks like has already shifted to healthcare. PRDA and DGNS today looks really promising. DGNS first target if the consolidation area is broken is 1000.