SMLFinwave

SMLFinwave Updated 

Large corrective wave to the upside looks ready for completion. Please see posted chart below for explanation.

SMLFinwave Updated 

NVDA is looking to complete a corrective wave-B with an ending contracting triangle. It will still need to complete waves D and E. 8/28 is the date of the estimated completion.

SMLFinwave Updated 

This is a much bigger impulse than I could have imagined. I am speculating that there will be additional upside to the 85.4% fib retracement level at 139.99 (retracement from the 164 top), which will top out by approximately 6/13. Continued upside must be necessary because the 3rd wave created in the current structure is the shortest; therefore, it must be...

SMLFinwave Updated 

Looking for last rally after latest decline turned into another corrective wave. I am expecting a wave C with 5 waves and the most likely fib levels (time/price) depicted as arrows on the chart. When the rally begins, I am expecting 100% of wave A, which I am estimating to end at May 16 at a price of 115. I am hoping to enter this position below 91.

SMLFinwave Updated 

Ending triangle. Topping formation in AMD.

SMLFinwave Updated 

Appears to be in a double zig zag formation with a target of low 72's. Afterwards, broad market correction will probably be over and AMD will be in wave 5 of large degree and will finally push above 100.

SMLFinwave Updated 

Possible wave B in progress with a target of 39, which is the price action of wave 4 of a lesser degree.

SMLFinwave Updated 

I have 2 scenarios that may play out: 1st scenario (pictured) is that we are currently in a wave 2 correction (in blue w/ question mark), and wave 3 should follow sometime next week, or after earnings, and will bring price action to new high. 2nd scenario is that wave 5 has completed with the last 5 wave count (in pink) and a 4th wave correction in a larger...

SMLFinwave Updated 

AMD chart appears to be completing an ending diagonal in wave C. In this scenario, it will be a buy when it breaks the upper trend line connecting waves 2 and 4. Wave 5 target should be no less than 72. If price action breaks 70, then the count will be invalidated; which means, a new impulse wave to the downside may begin.

SMLFinwave Updated 

Target 10,369 - 78.6% fib extension.

SMLFinwave Updated 

Incoming wave 5 of intermediate with a minimum target of 95, but hoping for over 100. Waiting for a break of the top side of the pennant, within wave 4, to initiate trade.

SMLFinwave Updated 

Currently in third wave of intermediate cycle. There is a possible ongoing third wave extension in the minor that may be creating a 9 wave structure. It is currently in a minor ABC correction and a break to the upside would target 29-32 as the most likely fib extension level of wave 1 of intermediate cycle.

SMLFinwave Updated 

Possible 5th wave that extends to minimum 156 with likely target of 167.

SMLFinwave Updated 

Current wave 3 in progress twtr coincides with dji wave 5 extension of wave 5 of super cycle. Current covid inspired correction in intermediate cycle temporary. Intermediate cycle target to trend line $44.