Followup to my previous Swing Trade plot (click). ANF peaked exactly at our Genesis fib at $196.93 The pullback has been strong but controlled so far. Now trying to paint a bottom if breaks resistance. Previous Analysis: ================================================================== .
OSK just hit a double-fib at 125.42/52. Both are Golden ratios (.618 multiples). Could double top here or break and run. . "Double Top" as in the previous rejection exactly from this double fib: Perhaps not exactly a double top since it had gone higher, but a major barrier nonetheless. . If it breaks the $125 fibs, it could run to $143-145 very quickly: So...
Uranium has been on the uptick for a while. Many are overbought and due for a pullback. This is one example reaching key resistances. $ 6.61 - 6.67 is the immediate resistance $ 7.25 - 7.59 will be the breakout barrier. $ 5.46 - 5.58 will be last uptrend support. =======================================
SQ is far vbelow its all time highs. But it is showing signs of bottoming. Now testing a critical double fib here. $ 71.84 - 71.94 is the exact barrier to warch. $ 66.07 - 66.36 is the first good support below. $ 80.96 - 81.16 is the first resistance and target. Drag DOWN on the price scale to see fibs above. =========================================== .
Banks have been rising to record highs. GS is at a breakout level, obvious to all. Look for breakn- retest or dip for entry. $ 518.51 - 515.86 is the ATH barrier. $ 510.40 is the exact dip of interest. $ 536.50 - 537.73 will be easy target. =================================== .
MSTR is at a key level that should determine the next move. Break-and-Retest of zone would be the buy signal to look for. Rejection and loss of next fib below it would be a sell signal. $ 152.17 - 154.08 is the exact zone of interest. $ 175.25 - 178.09 will be the next target above. $ 110.23 - 113.01 will be the key support...
EBAY poised for breakout from double-fib resistance. This resistance has imposed itself several times already. So all humans/bots/algos are keenly aware of this level. $ 50.65-50.68 is the immediate resistance to flip into support. $ 65.92-66.16 is the final target, with some hurdles in between. $ 46.73-46.98 is the first good support in case bears reject...
DataDog is at Golden Geneis fib that has proven its strength. All humans/bots/indi's have observed the Pings on both sides. Thus what happens here will say a lot to a lot of participants. ===================================================== .
FFIV has been making strong bullish moves. Now testing a major resistance of double fibs. Look for pullback or Break and Retest for entry. ========================================== .
Nuclear stocks have been rising for a while. This one is testing a key level of resistance. LowerHigh, HeadShoulders, etc possible here. Break above should allow uptrend continuation. Break below would say deeper retrace inbound. Range bound oscillation could then explode (lol). $ 18.04 - 18.32 is the upper boundary. $ 16.05 - 16.15 is the lower boundary. $...
PEP earnings report due today after hours. Key support below formed by a double fib. Proven resistance above will be a hard break. $ 165.35 - 165.31 is the exact support $ 171.48 will be strong resistance above. $ 161.49 will be key uptrend support below. ======================================= .
AA has been climbing over the last month. Currently testing a major resistasnce zone. Look for Break-n-Retest or Triple-Rejection. $ 39.81 - 40.27 is the exact zone of interest. $ 41.63 - 41.97 is the next resistance above. $ 36.09 - 36.57 is a Must-Hold support below. ======================================= .
PYPL has been on a strong surge from various news. Now at a Double-Fib resistance that might reject. Looking for clear rejection or brean and retest. ============================================
ZS bounced from the major/critical support. Now testing first seriou and proven resistance. Break and Retest could mark+seal the bottom. =========================================
IBM had the business office monopolized but then lost it. PC's came and they said "it's a fad, we have TYPEwriters" AI came and they said "we have Watson, he plays chess" It has however been in an uptrend with the market. Retrace is now testing a key support fib at $163.30 If that one fails, we have a fallback fib at...
WEN has been dropping for some time now. No idea why this dumping while MCD flying. But this looks like a good spot to try buying. $ 17.0-8 - 17.26 is the key support to hold. $ 18.10 will be the immeiate hurdle to cross. $ 19.75 wil be a major resistance and target. ======================================== .
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected...
New record highs again and still going? Might pull back a bit from here, 5792.00 Then likely to hit Golden Geneis at 5901.08 Be VERY careful here, might be some violence. =========================================