TheHappyCrab

TheHappyCrab

2 of 3 wave 5 measurements have expectation of a bounce in that box. Confluence with channel support.

TheHappyCrab

Looking for a wave 4 low and bounce. Look for oversold RSI on 4hr chart. Viewed on daily also has confluence of 100ma in that box. Wave 5 projections unable to accurately project until wave 4 low in.

TheHappyCrab

I looked a bit more closely and noticed a perfect ping off an upper trendline and rejection on volume in last hour. This could still be seeking lower to bounce one more time from the lower wedge line. Wait and watch price action. a break of 6.66 invalidates the recent low as the completion of wave 5 it may in fact go to the 5.25 area prior to reversal

TheHappyCrab

Just a closer look at recent price action. Note the high volume on last session. If this analysis is correct this could be ready for a quick pop. Also, price action is showing signs of accumulation.

TheHappyCrab

Completion of 5 waves down. .786 retracement of wave 1 pullback. Looks as though in wave 3 Just breaking out of large wedge on volume.

TheHappyCrab

Like this space on the 1hr gap fill. Lesgo Cathie! ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas...

TheHappyCrab

Wait, I have the app. I can do that myself. ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas to be...

TheHappyCrab

Nested Harmonics. AB=CD inside, Crab larger Harmonic ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas...

TheHappyCrab

Update.....Oh, yer good ;-) ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas to be short term swings....

TheHappyCrab

Some eye-popping volume on that breakout. Flat since completing ABCD Harmonic....awaiting volume. Currently falling wedge to GZ as well as mini bull flag. ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may...

TheHappyCrab

Lesgo! ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes incorporate news or other info that may be a catalyst for expected price action, but it is only a catalyst. I consider all of my trade ideas to be short term swings. They are ideas that...

TheHappyCrab

See that volume? I'll give you a hint...that is not retail. Not a memestock pump. Only one reason for that kind of volume. What direction did it move on that volume? There's your pullback. ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR OWN DD! My trade ideas are not an endorsement of any company or product. I will sometimes...

TheHappyCrab

The Harmonic shown is a Shark. TV does not have a tool that draws it correctly so disregard the measurements shown. But the pattern is there. This one may take a bit longer to get going. Zoom this chart way out on the daily to see the basing (bottom of triangle). It's a big triangle. ----------------- My trade ideas are just that, ideas...and 100% free. DO YOUR...

TheHappyCrab

Could get a bounce here.

TheHappyCrab

Would like to see more volume come in today. Over 12 will get this moving.

TheHappyCrab

Yeah, ima give this a mosdef rating. lol

TheHappyCrab

Take that shorts!

TheHappyCrab

That's a lotta letters