I specialize in swing trading the archetype patterns. I began my charting and trading journey in 1985 pricing debt. God, family, surfing. Living in gratitude.
Check out the chart on my profile. It's $CPAY, previously $FLT. It's from 8/23. The white line is the forecast and the colored markers are pattern identifiers. The first white line down (forecasting reversal lower) was drawn on 8/27/23. The reversal occurred on 9/26/23. The next
@DowdEdward
In 2020, what I saw with my own eyes did NOT match up with the media. Then about mid 2021, people I know started having strokes and heart attacks. Some survived. Some didn’t. Starting about mid 2022 I began hearing about friends getting initial stage 4 cancers and dead soon after
$TSLA My current price path forecast for 2024. Not advice. If it needs to come in further I would look to the next ascending blue line for support near 200.
@MikeDonio
A friend was initially diagnosed with esophagus cancer and dead 6 weeks later. Neighbor was in remission for 17 years then dead in 8 weeks following diagnosis. Another dead in 7 weeks after initial diagnosis..pancreatic..in her 30's.
@SJosephBurns
Not a book but a person. I've been charting since mid 1980's and 3 1/2 years ago I crossed paths with
@TimStetin
. Without a shred of doubt, he is the most talented chartist I have ever known. Charting live daily
@StockPatternPro
$TSLA I believe we are in wave 4 of III down from $299.29. I don’t see any other way of counting this right now. Earnings was a huge disappointment and needs permanent CFO. Looking for a cap near $250 as long as $200 holds. I’ll post the next segment if this ends up right.
@JIMROInvest
@StockPatternPro
@BitcoinTina
@JoeCarlasare
I have 40 years experience doing this. If you are unable to understand Tim's work that's one thing but to call him names because you can't grasp the work is just childish. You have no idea how wrong you are.
$AMD Prairie Dog sighting..see chart..peeking out of resistance..haven't seen many of those in the last couple of years..worried they had gone extinct.
Since the beginning of June I started sharing all of my trades, in real time. $TSLA closed..+23%. $GBTC closed..+16%. $BE and $PAGS still open and currently profitable. I will continue to post all of my trades, in real time, so we can walk thru them together. Just to clarify.
@Banana3Stocks
Yep. It takes tens of thousands of hours. I’m pushing 40 years of research and experience. What a ride. I am so grateful I never gave up. I commend you Banana 3 for your perseverance and commitment. I commend you for sharing your knowledge and experience. Well done my friend.
@blondebroker1
$SMCI now has some overhead resistance.. the blue ascending and the yellow descending. Looks like it's trying to recover the oversold that began on 5/31 and once it clears the yellow line and PDogs it should get to the next level near 1,000. Aloha RBB..back on mainland and
$TSLA drop is coming into the lower yellow bracket support pretty quickly. If it needs to go lower, which looks likely now as it's coming in pretty hot, I'll be looking at support around the lower green circle for another Entry. White forecast line is original from July 21.
I've tracked my performance for many years. I'm usually hovering around 60%+ winners with 3:1 profit:loss ratio. I began sharing ALL of my trades on X last May and tracking about the same with 60% win rate with avg profit of 19% and avg loss of 8% on those trades with a few still
$TSLA..current price pattern projection. Note exit on last trade..just the way I like it..now we wait to do it again. Just sit back and wait for the next logical reversal that should take us back to the top of the channel.
I posted this in our
@StockPatternPro
discord room after the close on Monday, Aug. 5th.."Have we bottomed? Looking at QQQ, SMH, NVDA and SMCI I could argue we have a bottom turn reversal based on recent price action and today's open, recovery and close. In addition all of this
@Banana3Stocks
I remember in 2011 when they downgraded..I issued a Buy on the broader market later that year..I think it was Nov 28th..next day up 300+ and never looked back.
I must have stayed at a Holiday Inn the night I wrote this..August 5th posted in our discord..
"Have we bottomed? Looking at QQQ, SMH, NVDA and SMCI I could argue we have a bottom turn reversal based on recent price action and today's open, recovery and close. In addition all of
If you are new to trading I would recommend spending lots and lots of time thinking about the exit. In fact, never stop thinking about the exit. The Exit
I love to swing trade. Usually a few weeks to a few months. I have found the "reliability" of this time frame, which my trades usually take to play out, much better than the day trading league.
Typically, this has been the exact day, in Pre-Election years, where the market bottoms in the Q4 period and before lifting higher through year-end.
Will history repeat, rhyme, or reset?
$SPX $SPY $QQQ $DIA
@Banana3Stocks
We call that a hook or sling shot. Often price will violate support creating a sling shot effect where price then begins ripping..happens the other way too. Just another way the market fools people. Good stuff. Have a great weekend.
I keep approx 500 charts mostly updated.drawn out.I like to run thru all of them a few times per week just to eye them to see which if any are nearing what I am looking for. As they start to get in to position I start drilling down deeper and deeper to try and find the best entry
You know this charting thing I like to do. I used to dream about doing exactly what I’m doing right now exactly with you fellow charties and market eye ballers. It was a lonely endeavor for many years without a place to share. Don’t ever stop pursuing your dreams.
BTW, do you like Exits? How bout that Exit. $TSLA..Good exits are NOT easy. Exits-the least discussed/understood topic on the Street yet one of the most important.
I think $NVDA saw my tweet..
When I first bought it in 2012 I wrote..I think $NVDA is reading my mail.
I wonder if in another 14 years I write..I think $NVDA is reading my mind.
OK..back to Little League World Series
$MARA recovered white line support and closed right on top of it. Note how the last few weeks the daily close ended up above after trading intraday below this cross support level. Have a great weekend!
Mele Kalikimaka.
Outer strength begins with inner strength.
Inner strength begins with Jesus.
I only had to ask and He changed my life forever.
It was a miracle really.
I am no longer the man I was and I may not yet be the man I still want to be but in his image..
Market is heavy. No traction. Feels weak where it should be strong but holding up where it should dump. I'm not sure what the hell is going to happen. Just watching the levels and the patterns.
For those who are interested in charting I recommend studying all of the charts I have posted. There is a lot to see. So much of what we do is just observation. Go forth and be visual my friends. Like, historical repeating patterns become larger in scale as price goes up.
Tagged $SMH lower channel bracket and got a bit of a lift..may get a re-test early next week and another leg up in this descending channel if it doesn't crater below support.