Sangeeny

Sangeeny

PT's are labelled based on chart patterns. - MMU (measured move up/ ABC) - Bull flag breakout imminent and the PT breaks the neckline of the inverse head and shoulders. - A break of the neckline of the inverse H&S gives us the PT based on Thomas Bulkowski's statistical work. It is also important to note that the MACD crossed to the upside on the daily and the...

Sangeeny

I think that AEO is one of the most overlooked stocks right now. Elliot wave analysis suggests that the year long correction is over and we are on the brinks of starting a new motive wave. We clearly saw a breakout out of the falling wedge on friday, and that's BULLISH. Not only that, but AEO is a company that actually makes money. Above all that, AEO is a highly...

Sangeeny Updated 

This is how I think the wave count will unfold for next week. Check out my previous post on AMC showing prequel before this move.

Sangeeny Updated 

I have posted previously my bearish sentiment on gamestop after it completed its five wave impulse move. In my opinion, the correction is over and we saw a regular flat pattern. First impulse move was on thursday and we saw wave two today. So excited for next week!

Sangeeny Updated 

I believe that GME is in it's third corrective wave after completing wave B this morning. I have been following this cycle for a while now and I think that this is the most probable scenario. GME was teasing the major trendline the last few days and has formed, what Thomas Bulkowski would call, a "three peaks and a spike". According to Bulkowski, the downtrend PT...

Sangeeny

I have decided to reset my elliot chart on AMC and start again. It is mindboggling to think that I could have missed something simple that has been under my eye all that time! AMC looks like it has been in a corrective five wave supercycle. After the end of the fifth wave, we seem to be in a cumulation phase triangle. A STRONG BREAK OUT OF THE TRIANGLE WOULD BE...

Sangeeny

I have been following disney for a month now. The count I have now is the same as I first saw it. The box is a mix of both the 61.8% of the whole impulse wave as well as the ABC pattern in the last wave down. Also, I'm watching REALLY CLOSELY for the Rsi to diverge as it is already making a lower low with the RSI st a lower low. Looking for support to confirm.

Sangeeny

$FUBO is one of these stocks that I always hoped I had as a huge soccer fan in the United States. I have been a subscriber for over a year now and I'm loving it. I was hoping for it to drop to the 22ish region when it was in the 30s so I can load up but didn't have enough cash to do so. I do now and I'll be loading up at these delicious price levels. Another...

Sangeeny

This may be my only non-TA post. I think everyone knows the story by now, and I don't think it has changed since January. If anything, the company is growing and becoming stronger by the day. Historically, GME has always found support at around 140$ range and I think it is logically a great price to buy in. The only TA I could give is the bullish divergence on the...

Sangeeny Updated 

After more than a 6 month wait, we are finally at the final leg of an elliot wave consolidation triangle. Very excited for the next couple of days. Perfect loading up area. BIG THINGS COMING. bpcdn.co NG.

Sangeeny Updated 

I have been following $LCID for a while now and I think I spotted the top of this bull run. The elliot wave count is done at the extended fifth wave (I removed the minor waves of the extension cuz the graph looked messy). In addition to the count, there is a bearish divergence on the RSI in the daily chart. Second wave usually retraces 61.8% so that is where my PT...

Sangeeny

This is a quick review of the GME chart and it looks like we are in a 3-3-3 formation. Also, this is the first time we touch the 200MA which is an indication for a possible continuation of the uptrend. PT's are the .618, 1.312 and 1.6 fib levels.

Sangeeny

As expected, we dropped from 52$ up to 61.8% fib level. This indicates the end of our wave 2 and the start of the longest wave, wave 3. I took a position at 38$ with price targets shown on the graph. NOT A FINANCIAL ADVISOR. Happy trading!

Sangeeny Updated 

As you may know from my previous posts, I'm overall long on $AMC. However, I think we ended our fifth wave (within first wave) at $52 and we're looking for a short term pullback to complete wave 2. PT: $38-40

Sangeeny Updated 

In my previous elliot wave post, I expected a correction from $46 to the 61.8% fib. We are currently at that level and tested it three times. Expect a bounce from here up to the notorious 60ish region for our third wave. I will link my previous counts so you get an idea of the bigger picture. Any comments and questions are welcome. Don't forget to follow if you...

Sangeeny Updated 

On a macro-scale, I think NIO is still in a correction and it will take time to get out of it. Currently, I think NIO is about to start the last leg of the '3' correction. If the length of C is equal to A, this puts the PT at $61-64.

Sangeeny Updated 

In my previous post, I shared my Elliot Wave count on the macro-scale. I also stated that monday will either make or break my reversal thesis. As you may have guessed, today's price action confirmed the reversal, for me atleast. Now, let me walk you through my EW count on the micro-scale ( assuming we bottomed and now in a bull trend). Today, we closed at $43.09...

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I am overral long on TJX but short for now. These are the levels I'll be watching to scale in. Would appreciate feedback.