Tuesday, July 29, 2014

AAPL nearing its completion of 5th wave.



  • AAPL nearing 5 wave completion with a Ending Diagnol in its 5th wave. 



  • Ending Diagnol in 5th wave

Wednesday, July 23, 2014

Bearish Wolfe Wave in FB


  • Bearish Wolfe Wave in FB
  • Short in the range 70-72 with SL at 72.6 day closing.
  • OR wait for the -WW to get triggered.


Saturday, March 22, 2014

GRPN, BAC, TWTR Charts

  1. Wait for traingle pattern to get resolved.
  2. Close below 8.12, bears rule again.


  1. TWTR - consistently closing below 5D LEMA and got resisted at 5D HEMA many times. Just follow the pattern...with proper SL.
  2. Breakdown from the channel, next support at crucial Fibo level 46.5


  1. BAC - 18.3 to 18.5 is the resistance. 




Friday, March 21, 2014

TSLA - Completing iv of 5 and waiting for final v of 5.


  1. Typically 4th waves break-down (not a rule always) from the trendline and moves back into the channel for a final 5th move burst. 
  2. Go long on day close above 243.


Wednesday, March 19, 2014

Apple Update

5 Week High EMA @ 538. Bulls need a weekly close above 5 Week HEMA and then a close above trendline.






Wednesday, March 5, 2014

AAPL Traingle Pattern

Medium Term: abcde Triangle pattern 2


Long Term: Triangle pattern 



Shorterm: Ascending Triangle Pattern 
Breakout: Target of 544/ 545 on day close above 533, BUT 100 DMA@537 is the resistance.
Breakdown: close below the trendline support.


Sunday, August 4, 2013

Pidilite Industries - Trending channel

  • Wait for the trending channel to break.
  • Currently in a 3rd wave from 133.65.