msezng
\HIMS is currently showing signs of a potential bearish ABCD pattern forming, with the recent rejection at point A and retracement towards B, holding around the 1.617 Fibonacci extension level. A possible short-term bounce may occur toward point C (0.618 retracement), before continuing downward. 📉 Bearish Scenario: If C confirms as a lower high, a drop toward...
This chart presents a detailed Elliott Wave analysis on Tesla (TSLA) in the 4-hour timeframe. The price structure from the April low suggests a completed corrective ABC pattern, forming a solid wave (4) base. A new bullish impulse appears to be underway, with wave (1) and (2) of wave (5) already confirmed. We are now tracking the development of wave (3), which...
This looks like a textbook example of Richard Wyckoff's "Creek" analogy. For months, the stock faced a "creek" of selling pressure around the $280-$300 resistance line, turning back any attempt to move higher. Before the big move, the price "backed up" to a Last Point of Support (LPS) to gather steam—that was the dip we saw back in Phase D. Then came the powerful...
This chart applies the Gann Square of 9 over the last three Bitcoin cycles, each normalized in both time and price using log scale. 🔹 Cycle Durations: 1st cycle: 1064 days 2nd cycle: 1064 days Current (projected): 1064 days 🔹 Cycle Tops by Time Division (of full Gann square): Cycle 1 top: ~0.125 (1/8) Cycle 2 top: ~0.382 (between 0.382 and 0.5) Current cycle...