jochenwtr

jochenwtr

I hope I'm wrong but isn't this super super bearish? This is not financial advice.

jochenwtr

Hello, to me it seems like AMD just entered Elliot implusive wave no.5. TP1: ~$136 @Fibonacci 0.618 or +8.5% TP2: ~$140 @Fibonacci 0.786 or +12% Stop loss: ~$118 or -5% Risk/Reward Ratio TP1: 1.5 Risk/Reward Ratio TP2: 2.2 ==> not the best Ratio in both cases! It might go even higher? But I doubt it. This is not financial advice.

jochenwtr

Hello, Facebook has developed a support line since Covid breakout March 2020. In Covid wave two March 2021 Facebook touched 200 EMA and reacted. These days Facebook again sees a little crisis because of this whistle blower thing and bad reputation. It fell a little bit below 200 EMA but it is now recovering. If Facebook is able to stay above the yellow support...

jochenwtr

Hello, I've been watching BYD for quite a long time. We've been through Elliot 1-5;A-C;1-5: This suggests that this asset is riding those waves all day long. My interpretation of the most recent price action: We're now on the way from A to B and expecting to reach point C soon @Fibonacci 0.382 =(€27) This level around 27€ would be my preferred long...

jochenwtr

Hello, as suggested in my former analysis of align I'm watching $650 level. It looks like align crushed $650 and is now back in upward regression Channel. You might want to wait for confirmation or enter the trade immediately. TP: ~$770 or +17% Stop loss: ~$610 or -6% Risk Reward ratio: 2.9:1 This is not financial advice.

jochenwtr

Hello, after A-B-C Elliot correction PFE left the downward channel and created a Pennant which seems to be a bullish sign. Possible breakout to the upside imminent. But beware of the earnings next week. Earnings might invalidate this theory. But I think thos earning very well could act as positive catalyst too. TP1: 45$ or +5% @0.382 Fibonacci TP2: 47$ or +8%...

jochenwtr

Hello, I think ASML is starting starting Elliot wave C. Fibonacci target is 608$ or -22%! This would make sense in times of supply chain issues and semicoductor crisis. I really hope the best for this company though. This is not finacial advice.

jochenwtr

Hey, NASDAQ:ALGN left the ascending Wedge to the downside and formed support at 580$. Today it started an impulsive move upwards. I expect it to hit the lower border of the wedge at 650$. This ist the level to watch. If it can defeat the resistance you might want to go long above 650$. If it bounces off the support in northern direction you might wanna buy...

jochenwtr

Looks like CRM could be in a uptrend regression channel. If this is true, a possible price target might be 0.618 Fibonacci which is ~324$ or ~+10% Stop loss: 269$ or -8.5% ==> risk/reward ratio a little bit better than 1:1 is not very tempting - so I don't recommend to enter the trade now. If you're long already you might want to hold for more profit. This is...

jochenwtr

Looks like Etsy could be in the middle of a Elliot number 5 impulsive wave. If this is true, a possible price target might be 0.618 Fibonacci which is ~288$ or ~+14% Stop loss: 225,25$ or -10% ==> risk/reward ratio of 1.4:1 is not very tempting - so I don't recommend to enter the trade now. If you're long already you might want to hold for more profit. This is...

jochenwtr

Hey, this is my first analysis and I'm not a native speaker so please bear with me. Cathie Wood sold after she bought a bit higher. Massive downward momentum in price after going sidewards for one month. I see more downside here, long term support already violated. Next upcoming violation is base of Head and Shoulders. Fibonacci targets TP1: 43.35$ (6%) TP1:...