Even if temporary relief, I am changing my bear case of AAPL due to the RSI bullish divergence I am seeing on the daily chart. Also my target for the DIA/DJI I made has been reached. So right now I am looking at opening a long position on AAPL. I could be wrong and it stills heads down but I think we could be bottoming out both AAPL and the market. Please do your...
From the last idea, 1 of C went deeper than I expected. I think we have 2 of C today. We should now have a lot lower to go since wave 3 is always longest out of all waves. Also note that if wave 2 closes above wave 1 then we could be done selling and the ABC recovery is out of the door. Please do your DD, just my opinion.
SPX has been hit hard lately but I think we are now closer to support levels that should be watched closely. I have a few stocks with market cap slashed in half and/or are more than 50% down that I am watching. As I mentioned in my last $AAPL idea, this downturn will move fast now before the fed rate cut and any stimulus package. I believe that we hold the 200MA...
AAPL ABC correction still intact. With Fed meeting in a couple of weeks and multiple cuts anticipated I think the decline moves faster next week and early the week before the fed meeting. I just noticed a support line at around $233 so watch out for that.
AMD like the market is in ABC correction. I expect it to close the GAP at $52 before it begins to head down for wave C of the ABC. Please do your own DD. This is just my opinion.
Longest bull market expansion is getting tired. The Fed is throwing the kitchen sink at the market but I think we are in a ABC correction that could lead to a recession. My opinion, please do your own DD.
I would be very careful to jump on the AAPL bandwagon at this time. The chart looks like a typical ABC correction with the worst part yet to come. Right now we are are in wave B and I expect the (C) in wave B to close the gap around $310 before we began wave C. This is just my opinion, please do your own DD.
I have been watching since the RSI bearish divergence and now the gap at around $22 was closed last week. Just my opinion, do your own DD.
RSI bearish divergence. Coronavirus issues will affect sales in china and I expect q1 earnings to be affected at a minimum. Do your own DD, this is just my opinion.
Just my opinion do your DD
Called the %10 down last week (See last Idea) and I think we are not done yet. Most tech stocks are still overbought AMD, AAPL. We could get a relief next week but it will be a trap.
Market correction has started.
Note: This is not an investment advice but my opinion alone. Please feel free to comment. ARWR has seen its stock go from around $70 to about $42 as of 1/30/2020. A lot has been said about the short attack but I think this is just normal re-tracement. Using FIB, we can expect it to settle around $38 and $29. I will consider picking up shares for the first time...
Note: This is not an investment advice but my opinion alone. Please feel free to comment. My last idea posted on SENS, I noted when it was at around $3.36 that is was forming an head and shoulder pattern and it was not looking good. I also mentioned further downturn was ahead. Now I feel we could still head down to around .60cents if it breaks the previous low...
BABA still has some steam left but I suspect we are close to a short. The Chinese market will get a boost this week due to the so called truce but once that is over we are headed down.
The market has gone crazy and I am not sure what is driving the market higher. All indications show most stocks are in overbought territories. looking at the 2003 expansion leading to the 2008 crash, I think we are headed the same path. We have had the long expansion since 2009 and I think we are headed for the same outcome as in 2008. I believe AAPL have topped...
Note: This is not an investment advice but my opinion alone. Please feel free to comment. Its been just over 4 months when I first published my first chart on VSTM "VSTM Could go down even more". Price at the time was $4.24 where I said the downtrend wasn't over and it could end up going down. That seemed to have happened as predicted and the second publish...