The overall trend here is obviously bullish. We put in a daily inverted hammer close at a prior event area, also now a huge support area, and a 50% fib level of the last move up. My first target is 178.00.
This is a screaming buy. We have two trendlines we tagged and a large supply area. Also, on the daily we closed an inside bar. You can also see the completion of the Elliott wave (not my expertise) and a crab pattern was completed as well. I'll be buying Sunday night.
We are clearly in an uptrend on the daily chart. We are holding at the .618 fib level, which is a large area of support. Also, we have an inverted hammer that closed signifying the next move up. I am at least targeting 1.13, but think the 1.145 area is very possible in the next 3 weeks.
We are closing on a nice daily candle after holding the .382 fib of the last leg. Also, we are diverging on the 4 hour chart
NASDAQ Completed Large Bearish Bat Pattern and Diverging. Correction time...
Obviously, the bull market is finally coming to an end. This is a huge divergence here with a very bearish end of the week. To be long in this market is gambling.
We have two trendlines intersecting with the D leg of a bearish bat. Also, we have a divergence in the making on the daily/4 hour. I would say $57-$63 would both be good short-medium term targets.
The $371 area should offer nice resistance completing a shark pattern, trendline resistance, and oversold on the daily RSI.
We just completed a Bearish Butterfly. Also, we are diverging on the 4 hour and you can see we are clearly oversold on the daily
You can see here we are finally going to take at least a small dive
You can also see we are diverging on the 4 hour. I am expecting a move near $69 then potentially a reversal
I'm expecting a nice move to at least $10 over the next 3-5 months. We are also diverging on the daily
Expecting a nice pullback from here. Also, we are diverging on the weekly
AMZN Possible Long Term Bullish Bat
We just completed a AB=CD pattern within 1 pip variation. Also, we just completed a bullish shark. I am using a 1.27 extension of OX because I think this is a lot more accurate versus a 1.13. Let's see if we hold
We just completed a Deep Crab and we are diverging on the daily. Also, If you notice we have been filling these gaps quickly.
DIS Completing a Bearish Gartley and AB=CD
We are completing a AB=CD pattern right at the daily .618 fib level as well. I expect 43.50-44.50 to hold strongly