To The Moon

She has become a swing trader! 😉 Wise moves. 

MSFT Bullish - I look for consolidation between 424 and 440 and see if it holds above 424 Bearish - Break below 405 and we are probably seeing the wave C down to 360/366 Leaning towards Bearish for me.  A holder of shares. MSFT Weekly Chart - 21 Sept 2024 UNH  Note - Multi-year range of value 450 to 560; Recent break out of range resulted in the formation of wave 5 Bullish - Stay above breakout level 560 and form wave 5 up to 676 Bearish - Break back into range below 560, looking at 503 and then 450 Share holder since 450. Might liquidate if break back into range. (often called look above and fail) UNH Weekly Chart - 21 Sept 2024 VEEV  Note - 2-year accumulation range between 165 to 232 Bullish - Finally break 232 and stay above? If so, target 267 and 300 Bearish - Rejected

Exciting earnings coming up this week for WMT.  High chance a negative reaction as the expectation is very high from the market.  So even if beat EPS and Rev well, might not be a big move upwards.  The recent high comes also on the back of wave 5 of a bullish-5-wave.  A correction a-b-c might be coming up. Where will (a) form? Plenty of opportunities.  One of my key staple counter in my portfolio. Time to accumulate more! Personally I would love a chance to average up at 59 to 60.  Average cost currently at 50. WMT Daily - 11 Aug 2024 $Wal-Mart(WMT)$   @macroB  @Deposit  

Trending - Monthly shows a key higher low possibility at 340 - Fib retracement extreme bearishnesss of 1.618 also points to 340 - Near term Fib 38.2 points to 370 and 61.8 points 310 and Fib 50 points to 340 - Love the accumulation possibility between 370 down to 340 and then 310 if it goes that low JCT impact  - Above thesis coincides with a potential cool CPI coming week leading to even greater pressure for 18 Sept rate cuts leading to Japan Carry Trade unwinding.  Being as patient as I can be. My golden opportunity to load up on MSFT. Been a long time wait.  Good luck, all. MSFT Monthly - 11 Aug 2024 @macroB  @Deposit  

Is this a rally or is it not?  Much talk coming weeks will be whether the current rally will hold.  Bull trap in the making?  Turbulent Sept/Oct?  Plenty of thesis and grand references, but i will stick to simplicity. A correction up to possibly fib 38.2 and then dump for an equal or lower low for the full c wave formation.  Note CPI coming week!  Good luck, all!  SPY Daily - 11th Aug 2024 @macroB  @Deposit  @CaptainTiger  @TigerStars  @Melson  

- Bounce will be met by sell demand - Any attempts to test 232 and fail, would mean a breakdown - Nearest target is 219 first - Looking for some reversal price action when it reaches the key levels of 178/181 Brace yourselves, everyone. TSLA rollercoaster incoming. TSLA Daily Chart - 4 Aug 2024 @macroB  @Deposit  @CaptainTiger  @TigerStars  @Melson   $Tesla Motors(TSLA)$  

Scenario 1 - Outright further collapse to Fib 61.8  Scenario 2 - A bounce to fill the gap and any rejection there (look for head and shoulder liquidity grabs) to drop it to Fib 61.8 Scenario 3 - Bounced higher to the last key liquidity levels (around 549 for SPY) before further down to Fib 61.8 again Bigger Head and shoulder play out goes to about 519 (between Fib 61.8 and 78.6) Bearish times ahead until bulls start to show themselves. Any counter rallies will be met by sell demand for now.  Personally, trimming positions. SPY Daily and Hourly Chart - 4 Aug 2024 @macroB  @Deposit  @CaptainTiger  

- At Fib 78.6, MA200 line now - A bounce will bring it to between 424 and 430 (424 was the post earnings high)  - A right shoulder might be formed then - A head and shoulder playing out would mean a target of between 341 and 366 I am a nibbler from 405 downwards MSFT Daily Chart - 3 Aug 2024 @macroB  @Deposit  @CaptainTiger  @TigerStars  @Melson   $Microsoft(MSFT)$  

Good earnings response - Bottom of 133 is in and a move up and form the right shoulder off 153+ and go upwards ==> Good to look for the right shoulder! Poor earnings response - My preferred (which would create a good opportunity) Will provide an excellent opportunity to load the truck at 121 down to 102! Good setup for the future. Bullish next few years. AMD Daily Chart - 28 July 2024 @macroB  @Deposit  @CaptainTiger  @TigerStars  @Melson   $Advanced Micr

If you think it will be similar, then the pullback is in and we are about to bounce upwards! If you think this time is different, then pullback might be to fib 61.8 which coincidentally is 100 and gap fill down to 95 I'm leaning to the latter as it would be a great opportunity to nibble.  My puts strike are there too. NVDA Daily Chart - 28 July 2024 @macroB  @Deposit  @CaptainTiger  @TigerStars  @Melson   $NVIDIA Corp(NVDA)$