Rationell

Rationell

Universal Insurance Holdings ($UVE) seems to have made its bottoming process late 2020. Has been basing for some months now and stopped the negative trend. Take profit at gap close. Should be reached within 18 months. Stop loss if price goes under 12.60 Good luck!

Rationell

If and when $VMW reaches 106$ go long. Its ha fib 61.8 level. Level is also a market profile LVN (low volume node) area. Should bounce there. Long term trendline support meeting up there as well. TP1 when gap i closed. If falling resistance line (white) is taken out the way is open to new ATHs. Should reach 270$ if the harmonic pattern AB=CD pans out. SL below...

Rationell

This could be a simultaneous AB=CD and wedge pattern that play out. If thats the case we have a distinct posibility of making 100%+ within a 12 month timeframe. We have just had a productive bounce in the bottom of the wedge. Of course I'd prefer the bounce with a rejection candle, but the UBER stock has no history of doing nice candles in its bounces, so this...

Rationell

AMGEN INC seems to be a solid buy for a +30% move to the upside within 12 month. So not a super exciting play. But never the less I'll share it with you. We had a productive EWT a-b-c like movement to the downside as a correction. We have bounced on the multi year (since 2017) support trendline (green) and should see another test of the ATH within next 12 months....

Rationell

$GDXJ is poised to make a bounce here. A potential bull flag. There are two major patterns that could play out. Both gartley harmonics of the type AB=CD. One big (white) and one minor (blue). The minor one also closes the cricled gap if it reaches its destination at 51$. If one is more long term oriented then waiting for the big harmonic to play out could be...

Rationell

Volkswagen $VOW3 has bounced aroung the fib 50 level from prior top. If this is a AB=CD harmonics pattern in the making we should aim for 330. SL if we break below prior bottom in the trend channel. The bounce at ~156 also coinsides with a market profile LVN area. Temporarily ovsrbought (stochastics). But for the long term there seems to be good risk reward to this trade.

Rationell

$BOL - Boliden seems to just have cleared the downward sloping resistance. 1 or 2 more closes above should set the scene for a harmonices AB=CD move. With the goal of 498. Could take a while to get there. Stop loss under the long term rising support.

Rationell

Short term looking for a failed test to break back into to the trend channel. After that we should visit the 760-780 level. Looking at market prodile that area is LVN (Low volume node) wich supports the notion of it being a bouce area. Also it was former resistance in october 2020. And if one lines up a fib retracement structure that "rhymes" with historical pivot...

Rationell

Disney looks nasty. It broke down its donward sloping trend channel. Now has restested it. If it fails to re-enter the channel then 127$ is the next target and where you take profit. That also makes a gap-fill. That also coinsides with fib 0.618 from the top. 127$ should be magnetic. SL over fib 50 at ~156$.

Rationell

Support line since july 2021 had a fake breakdown it seems. And a healthy bounce since then. Stochastics indicate we have plenty of room for a bullish move soon. Would not be surpised if we see 209$ before march 2022. If we breake down the long white support line and MA200 its time to sell it. From a fundamental perspective I think Unity has a really good position...

Rationell

TUI seems to be bouncing in the downward parallel channel. Also at the spot where the gap dec 2020 is filled. Long term support slowly inchin uppwards. If TUI survives this next wave of covid it could really take off. SL under 2.2. TP1 at 2.99 (roughly channel roof). TP2 at 3.448 (gap close). TP 5.38 (a harmonics AB=CD move from nov 2020 bottom).

Rationell

KHC seems ideal to go long here. We had a nice bounce in the rising trend channel floor. SL if it breaks down from the channel. TP at prior peak, if you are patient wait for channel roof.

Rationell

This is my best guess for OMXS30. breaking back down into the trend channel. Looking for a bounce of the channel-bottom at about 2000 in early june.

Rationell

A top in the vincinity of 1395 and 1410 seems fit for the end of eliott wave 3. Wave 4 taking us down to 1152 during summer. Making the leg up wave 5 to end the year at new ATHs in the vincinity of 1500. $EVO Evolution Gaming

Rationell

$ES makes a major top at 4112-4114 level. Probably next week, maybe wednesday. It would make harmony with fibonacci retracements and former turning points. Then we retest 3650 in late june. A fibonnaci retrace 38,2% of a 4112 top. If 3650 breaks next target down would be. ~3180. Wich would be a full 50% retrace. After that the aim is set for 5k+ Making a...

Rationell

A blow off top around 4120 in the $ES index. Followed by a prolonged fall to 3650.

Rationell

This is the general idea I've got for ES.

Rationell

EWT analysis: Since this "drought rally" has defied any commonsense I Think this scenario (until 180 cents) could play out. I mean why start to be rational now?