With my 3 strong candle displacement theory to the upside or downside leaving a fair value gap. I have noticed that if there is a strong reaction to the 50th percentile retracement with continuation to the up or downside, this is a confirmation that this may hold through. But if there is a deep dive below the 50% retracement, it tells me in most cases that we should expect a reversal.
PLTR’s revenue grew 29% year-over-year, and Alex projects 30% year-over-year growth in 2025. Shares jumped 25% premarket after earnings. I sold at $60 per share in Nov 2024 because Alex sold a significant amount of his shares after the Q3 earnings around that price. I assumed he believed the company was overvalued and used that as a gauge to exit. However, this was not the best approach since I didn't research whether he was selling for liquidity reasons or due to fundamental/informational purposes. Going forward, I will only sell a portion of my shares in great companies if they seem to be trading at a huge premium and will carefully consider the reasons why the management team is selling. Lessons: Don't sell the entire position at once if the company is great and projected to grow. If you feel the need to sell due to high valuation of because of huge profits, then sell half of the position and do this over the course of 1-3 months. Chances are the company can grow during that time and your exit can capture more upside if that happens. In short, this may help get a better exit price. Consider the reasons why mgmt are selling shares before making a decision to act on that. Consider why the premium is so high, ask yourself if those reason are valid and still exist and look at the annual rev growth rate and margins of the business. If the company is at a premium this growth rate should remain in play.
This forecast is based on cyclical patterns that aim to identify potential price reversal TIMES only. The indicator does not predict exact price levels or direction of movement.
Gold is currently trading within an ascending channel on the one-hour chart, approaching the upper boundary near 2840. The price has shown strong bullish momentum, but the marked resistance zone suggests a potential pullback. A rejection from the upper boundary could lead to a retest of the highlighted support area around 2820. If this support holds, the bullish trend may continue, but a break below could indicate further downside movement.
Drill baby drill. This will cause a large influx of oil supply, outweighing demand, which will reduce oil prices. On the chart, we are seeing oil selling off against the bearish 200MA right now. This may very well likely be the beginning of the new downtrend. Between lower interest rates in the coming year and lower gas prices, the economy should have enough stimulus to overlook the effect of tariffs.
? Timeframe: 1W (Weekly) ? Targeting $7 - $11+ in Wave 5! ? Elliott Wave & Fibonacci Analysis SUI/USDT appears to be in a Wave 4 correction, setting up for Wave 5 expansion. The analysis is based on Elliott Wave principles and Fibonacci retracement/extensions. ? Elliott Wave Count 1️⃣ Wave 1: Initial impulse move up. 2️⃣ Wave 2: Retracement and accumulation phase. 3️⃣ Wave 3: Strongest rally, forming the peak. 4️⃣ Wave 4: Current pullback, possibly completing soon. 5️⃣ Wave 5: Expected bullish breakout, targeting key Fibonacci extensions. Wave 4 correction seems to be holding near the 0.382 Fibonacci retracement ($3.02). If this support level holds, we expect Wave 5 to extend towards $7.07 - $10.92. ? Fibonacci Retracement & Extension Levels Level Price (USDT) Role 0.382 Fib Retracement $3.02 Key support (Wave 4) 0.5 Fib Retracement $1.99 Deeper correction (Invalidation level) 0.382 Fib Extension $7.07 First target 1.236 Fib Extension $8.11 Mid-target 0.618 Fib Extension $10.92 Final target ? Support & Resistance Key Zones Immediate support: $3.02 (0.382 Fib) Strong resistance: $4.50 - $5.00 (local highs) Final resistance: $10.92+ (0.618 Fib extension) ? MACD & RSI Confirmation MACD (Momentum Analysis) ✔️ Bearish crossover occurred during Wave 4 correction. ✔️ A bullish crossover on MACD would confirm Wave 5. ✔️ MACD Histogram Shrinking → Selling pressure reducing. RSI (Relative Strength Index) ✔️ RSI currently at 54.81 → Neutral (Not Overbought) ✔️ No overbought conditions → Room for further price expansion. ✔️ Possible bullish divergence forming → Stronger confirmation for Wave 5 rally. ? Trade Plan ? Entry Strategy ✅ Entry Zone: Above $3.02 (0.382 Fibonacci level). ✅ Confirmation: Bullish engulfing candle or MACD crossover. ? Take Profit Targets 1️⃣ Target 1: $7.07 (0.382 Fib Extension) 2️⃣ Target 2: $8.11 (1.236 Fib Extension) 3️⃣ Final Target: $10.92+ (0.618 Fib Extension) ? Stop Loss ❌ Stop Loss Below: $1.99 (Invalidation level). ? Bullish Confirmation Signals ☑️ Price holding above $3.02 (0.382 Fib retracement). ☑️ MACD bullish crossover (pending). ☑️ RSI maintaining above 50+ (not overbought). ☑️ Increased volume on breakout. ? Summary & Expectations ? Bullish Scenario: If price maintains above $3.02, we anticipate a breakout into Wave 5, targeting $7.07 - $10.92+. ? Bearish Risk: If price breaks below $3.02, we could see a deeper correction to $1.99 before a reversal. ? Risk Management: Always manage risk properly. Use stop losses and adjust position sizing accordingly. ? Trade with confidence, and let's catch the Wave 5 move! ??
Gold: Bullish Momentum Remains, But Caution is Advised The bullish momentum for gold remains intact, but we must exercise caution. In the gold analysis I explained yesterday, we can see that gold has already reached two of our targets: 2830 and 2836. The 2830 level was reached twice. The price is currently testing a very strong zone near 2836 - 2844, which also corresponds with the resistance zone of a larger channel. You have to... You can watch the analysis for further details. Thank you! ?
The price of gold continues to rise due to a combination of economic and geopolitical factors. In times of economic uncertainty, investors flock to gold as a safe-haven asset, preserving value amid inflation, market volatility, and currency devaluation. When central banks implement loose monetary policies, such as low interest rates or quantitative easing, the opportunity cost of holding non-yielding assets like gold decreases, driving demand. Additionally, geopolitical tensions, such as trade disputes or regional conflicts, often fuel gold prices as investors seek stability. Supply constraints, mining challenges, and growing demand from industries and central banks further contribute to upward price trends, solidifying gold’s status as a long-term store of value.
The market is reaching an all-time high every day. According to the analysis, we should see a good corrective move in the coming days. From our previous analysis, we gained almost 200 pips from 2830 to 2808. Now, we are planning a swing sell trade with a 1-5 risk-reward ratio; if this trade fails, we will plan the next swing trade with a 1-8 risk-reward ratio. you are all kindly requested to follow proper risk management to follow these analyses and execute the provided trades.
As mentioned in the previous analysis, we see that CL pushed back and comes right to where we expect it to go, down to the Center-Line. Our job here is to observe how it reacts in here. Support at the Center-Line, or a blow through, or swinging around it? Patience is key, and the observation time is very valuable, because we can learn from it and feed our stats. Patience young Padavan, patience. §8-)