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7/18/2020
Apple Inc (AAPL - NASDAQ) - Bulls taking rest
Apple Inc (AAPL - NASDAQ) is in 4th wave correction as complex WXY, where Y down in abc cycle is progressing down. So stay bearish until it over, but thereafter 5th wave will resume the up trend. So
stay bullish thereafter.
Microsoft Corporation (MSFT - NASDAQ) - Choppy to trendy - what’s next ?
Microsoft Corporation (MSFT - NASDAQ) is in 4th wave correction as WXY correction. It is in Y leg down of cycle, where a of y down was ended and price is in b wave, thereafter one more leg c will fall to complete the 4th wave correction. Stay bullish when it ends to resume up trend.
Amazon.com Inc (AMZN - NASDAQ) - Bulls in control but need a small rest
Amazon.com Inc (AMZN - NASDAQ) is in 4th subwave correction as wxy down, where y is in progress and will end soon and so as 4th subwave, thereafter 5th subwave will resume up trend to complete the 3rd wave up. Stay bullish.
Alphabet Inc (GOOGL - NASDAQ) - bulls taking rest
Alphabet Inc (GOOGL - NASDAQ) is in 2nd wave correction as abc down cycle and c is in progress. It will take a while before it completes, so wait for it to end to resume further up trend as 3rd wave.
Facebook Inc (FB - NASDAQ) - Choppy or trendy - what’s next ?
Facebook Inc (FB - NASDAQ) is in B wave correction as wxy, where c of y is in progress as final correction,so wait for it to complete before get in to C wave up. Stay bullish for C wave up (or 3rd wave).
Berkshire Hathway B (BRK - NYSE) - Choppy to bearish price action
Berskhire Hathway B (BRK - NYSE) has completed B wave in wxy correction in ABC zigzag down and now C wave is in progress. Sell with stops above 193.10 for C wave down.
Visa Inc (V - NYSE) - Bulls taking control slowly
Visa Inc (V - NYSE) it is in 2nd subwave correction and one slight low away to end the correction. Thereafter resuming up trend for 5th wave cycle, so stay bullish with stops below 187.25.
Walmart Inc (WMT - NYSE) - Choppy or Bullish - what’s next ?
Walmart Inc (WMT - NYSE) is in choppy price action and completed ABC sequence, so it will correct it down at least for 2-4 % down from current level.
Johnson & Johnson (JNJ - NYSE) - Choppy or Bullish ?
Johnson & Johnson (JNJ - NYSE) is in 5th subwave of 3rd (or C) wave up, which end the temporary trend and will retrace as either wave 4 or corrective cycle, so it can be sold when 5th wave ended with divergence for small downside target.
Procter & Gamble Co (PG - NYSE) - choppy or bullish- what’s next ?
Procter & Gamble Co (PG - NYSE) is in 4th wave correction as abc and c will end the 4th wave soon after b is over, so wait for 4th wave to end then again price will resume up trend.
UnitedHealth Group (UNH - NYSE) - Bulls Vs Bears - who will take control ?
UnitedHealth Group (UNH - NYSE) has completed wxy cycle within (X) wave correction and now going down to complete (Y) wave cycle. Stay bearish with stops above 311 level. The down move will be ABC zigzag expected.
Taiwan Semiconductor Manufacturing (TSM - NYSE) - Choppy or bullish - what’s next ?
Taiwan Semiconductor Manufacturing (TSM - NYSE it has just completed 3rd wave and started correcting down in 4th wave. Price will be remain in choppy to zone. Overall its a strong stock compared to SPX, so three wave down pull back will be used to buy for bounce around 64 level.
Home Depot Inc (HD - NYSE) - Bulls in control
Home Depot Inc (HD - NYSE) is in 5th wave in impulse sequence after 4th wave triangle broken out up side. Stay bullish above 248.55 as invalidation level, but below that level price will choppy or bearish.
AT&T Inc (T - NYSE) - Choppy price action
AT&T Inc (T - NYSE) is in corrective (X) wave, where internal y is in progress as the part of wxy correction, so wait till it end to sell as trade set up. Wait for confirmation before get in to trade. It is in choppy price action and under-performing the SPX.
Novamax Inc (NVAX - NASDAQ) - Bulls in driving seat
Novamax Inc (NVAX - NASDAQ) is in 3rd subwave of impulse sequence, where log scale is used to understand the wave structure. It is in 3rd internal wave of 3rd subwave of impulse. Buy in three wave pull back in appropriate waves. The gap in price with huge volume driving it up crazy.
Genmab AS (GMAB - NASDAQ) - Bulls holding tight
Genmab AS (GMAB - NASDAQ) is in 4th subwave of 5th wave up, wait for one leg down to complete 4th subwave to get in to trade, from where it again resumes the up cycle. The invalidation level for 33.52, the high of 1st subwave.
Biomarin Pharmaceutical Inc (BMRN - NASDAQ) - Bulls - Bears - who will take over next ?
Biomarin Pharmaceutical Inc (BMRN - NASDAQ) has two different count, where either it already ended impulse as shown by roman letter, or its within 3rd wave cycle as shown in green roman letter. It is in 3rd internal wave of 5th subwave of 3rd wave, so stay bullish above 124.65 for the new high around 136-140 level.
(LULU - NASDAQ)
7/16/2020
Apple Inc (AAPL - NASDAQ) - Bulls in complete control
Apple Inc (AAPL - NASDAQ) is in 4th wave correction as complex WXY, where Y down in abc cycle is progressing down. So stay bearish until it over, but thereafter 5th wave will resume the up trend. So
stay bullish thereafter.
Microsoft Corporation (MSFT - NASDAQ) - Choppy to trendy - what’s next ?
Microsoft Corporation (MSFT - NASDAQ) is in 4th wave correction as WXY correction. Stay bullish when it ends to resume up trend.
Amazon.com Inc (AMZN - NASDAQ) - Bulls in control but need a small rest
Amazon.com Inc (AMZN - NASDAQ) is in 4th subwave correction as sharp abc down, where c is one low away to end the 4th subwave correction, thereafter 5th subwave will resume up trend to complete the 3rd wave up. Stay bullish.
Alphabet Inc (GOOGL - NASDAQ) - bulls taking charge
Alphabet Inc (GOOGL - NASDAQ) is in 2nd wave correction and take a while before it completes, so wait for it to end to resume further up trend as 3rd wave.
Facebook Inc (FB - NASDAQ) - Choppy or trendy - what’s next ?
Facebook Inc (FB - NASDAQ) is in B wave correction as wxy, so wait for it to complete before get in to C wave up. Stay bullish.
Berkshire Hathway B (BRK - NYSE) - Choppy price action
Berskhire Hathway B (BRK - NYSE) has completed B wave in wxy correction, where y is subdivided in to abc correction, so stay bearish but wait for impulse cycle down to confirm it before get in to it.
Visa Inc (V - NYSE) - Choppy or Bullish ?
Visa Inc (V - NYSE) it has completed 4th wave in wxy correction, where y leg is running correction, so price should now run faster up side, stay bullish above 187.11 as stops for 5th wave up cycle.
7/13/2020
Apple Inc (AAPL - NASDAQ) - Bulls in complete control
Apple Inc (AAPL - NASDAQ) is in 3rd internal wave of 5th subwave of 3rd wave in impulse cycle in 4 hr time frame from major low made in Corona pandemic. To be in 3rd internal wave after 1st subdivided internal wave price must stay above 372.18 (otherwise that cycle considered over as major 3rd wave). Stay bullish with stops above 379.02 as stops to trade 3rd internal wave up and even when three wave pull back occurs above that level.
Microsoft Corporation (MSFT - NASDAQ) - Choppy to trendy - what’s next ?
Microsoft Corporation (MSFT - NASDAQ) is within corrective 4th subwave of 3rd wave. It may take more time before go up( unless it start extending 3rd subwave). Stay bullish at 208-206 level for new high as 5th subwave of 3rd wave. It is strong stock so you can buy every three wave pull back until the impulse wave over in specific time frame, in which impulse cycle occur.
Amazon.com Inc (AMZN - NASDAQ) - Bulls in control but need a small rest
Amazon.com Inc (AMZN - NASDAQ) is in 3rd internal wave of 3rd subwave of 5th wave up in 4 hr time frame (or it can be the part of extended 3rd wave). Wait for three wave pull back to get in to trade until it resume the up trend. 3rd internal wave may about to end soon. Wait for entry.
Alphabet Inc (GOOGL - NASDAQ) - bulls taking charge
Alphabet Inc (GOOGL - NASDAQ) is in 3rd subwave up of 3rd wave. Stay bullish when found small pull back in 3 min time frame.
Facebook Inc (FB - NASDAQ) - Choppy or trendy - what’s next ?
Facebook Inc (FB - NASDAQ) has completed impulse sequence in 4 hr time frame since last bottom of 19 March. It is now correcting in zigzag moves up and down. The wave A was over and now B wave as either flat or complex correction is in progress, so wait for clear confirmation of wave B over to buy for C wave up.
Alibaba Group Holdings Ltd (BABA - NYSE) - bullish or choppy - what’s next ?
Alibaba Group Holdings Ltd (BABA - NYSE) is in 3rd wave up (or either C wave). It is in 4th subwave and may be need more to correct before going up, so stay bullish when 4th subwave ends with confirmation.
Berkshire Hathway B (BRK - NYSE) - Choppy price action
Berskhire Hathway B (BRK - NYSE) is in (B) wave correction as WXY complex. Y wave as abc is in progress, where c wave up is moving up for about possible target of 189.10. Sell it when it confirms the end of (B) wave for (C) wave down. It is overall bearish to choppy stock and under-performer to SPX.
Visa Inc (V - NYSE) - Choppy or Bullish ?
Visa Inc (V - NYSE) is in 3rd subwave of 5th wave up so stay bullish with invalidation level of 189.57 for target of new high above 206-210 in 4 hr time frame.
Johnson & Johnson (JNJ - NYSE) - Choppy or Bullish ?
Johnson & Johnson (JNJ - NYSE) is in ABC zigzag up move, where A and B waves were over and 3rd of C up is in progress. Stay bullish with stops below 140.61 for about target of 149.-150 level. In weekly it is in 5th wave up.
Procter & Gamble Co (PG - NYSE) - choppy or bullish- what’s next ?
Procter & Gamble Co (PG - NYSE) is about to end 3rd subwave of 3rd wave, thereafter 4th subwave will start to correct. Alternatively it can extend the 3rd subwave, so will see what happened next ?
UnitedHealth Group (UNH - NYSE) - Bulls Vs Bears - who will take control ?
UnitedHealth Group (UNH - NYSE) is in 2nd wave correction of C down cycle in ABC zigzag, so wait for it to over to sell for 3rd wave of C. Overall it is in corrective mode.
7/9/2020
Livongo Health Inc (LVGO - NASDAQ) - Bulls in complete control
Livongo Health Inc (LVGO - NASDAQ) is in strong up trend supported with high volume. It is in the impulse sequence in 2 hr time frame from the low of 48.11 price level made in end of May. It is in 5th subwave of 3rd wave up, which is within 4th internal wave and good buy at around 92.50- 91 level for new high as target zone. 4th internal wave should be flat or complex correction expected and go down for final wave down, so stay ready for buying opportunity. Wait for confirmation in 3 min time frame before trade. It is in either ABC or impulse sequence from major bottom in daily, but in both cases its major direction is currently up.
Hologic Inc (HOLX - NASDAQ) - Bullish or choppy - What’s next ?
Hologic Inc (HOLX - NASDAQ) is in impulse cycle in 30 min time frame, where 4th wave abc correction is in progress and c wave down is due in correction, so wait for it to complete to buy it for 5th wave up with stops below invalidation level 55.90. Here 3rd wave is smaller in size, so 5th will be smaller than 3rd expected. This impulse wave is the part of ABC zigzag correction in 4 hr time frame, which can be either C wave or 1st of C wave.
Shopify Inc (SHOP - NYSE) - Bulls in control
Shopify Inc (SHOP - NYSE) is in 5th wave up in impulse sesquence within 4 hr time frame. It is in 5th wave, which is further 5th wave extension. It is in 3rd internal wave of 5th subwave of 5th wave in 30 min time frame. Stay bullish with stops below 1003 for target above 1100-1150 as 5th wave. Keep watching in 5 min time frame to get exact entry with small stops. The major invalidation level for the pattern is 974.65.
7/8/2020
Molson Coors Brewing Co (TAP - NYSE) - Bears on beers (brewing Co)
Molson Coors Brewing Co (TAP - NYSE) is in downtrend and within WXY correction within 4 hr time frame. It is in Y wave, which is subdividing in ABC. It is in 5th wave down of C wave, where 1st subwave of 5th wave is in progress. Stay bearish if find any pull back in 5 min time frame. The target will be 31-30.80 as equal sized C wave to A.
TG Therapeutics Inc (TGTX - NASDAQ) - Bullish bias continue
TG Therapeutics Inc (TGTX - NASDAQ) is in strong bullish cycle in 2 hr time frame. It is in 5th wave up, which is subdividing say extending just like 3rd wave. It is in 3rd subwave of 5th wave up. Stay bullish on three wave pull back until the 5th wave over. Below 19.49 the impulse cycle gets over.
Arrowhead Pharmaceuticals Inc (ARWR - NASDAQ) - Choppy to bearish price action
Arrowhead Pharmaceuticals Inc (ARWR - NASDAQ) is in ABC zigzag up move in 4 hr time frame, which is about to over as 5th wave of C up forming ending diagonal structure. But wait for downside break out. Then only this set up confirmed. So wait until it confirms the count.
Viavi Solutions Inc (VIAV - NASDAQ) - Choppy to bearish price action
Viavi Solutions Inc (VIAV - NASDAQ) is in WXY correction after ABC zigzag move up was ended in 4 hr time frame. In 1 hr time frame, it has completed W & X as zigzag move. 2nd wave correction of A of Y wave down is in progress, wait for it to over to get in to sell trade with stops above 13.22 for target of around 12.20. Y will be subdividing in ABC zigzag, which probably ends near 11.70
HP Inc (HPQ - NYSE) - Choppy to bearish price action
HP Inc (HPQ - NYSE) is in complex corrective structure, where different count possible. Stay bearish as per both counts are in line in bearish scenario. Sell trade in B wave up with stops above 17.60 for downside c wave as target below 15.50 as simplex WXY corrective pattern.
Nordstorm Inc (JWN - NYSE) - Bears in full control
Nordstorm Inc (JWN - NYSE) is in 5th wave down in 15 min time frame, which is again gonna subdivide, so sell with stops above 15.90 for target below 13 as it is under-performer to SPX and in long time downtrend.
Pinduduo (PDD - NASDAQ) - choppy or trendy - what’s next ?
Pinduduo (PDD - NASDAQ) is in impulse cycle upward. It is in 4th wave correction, which might be zigzag or complex correction. So wait for 4th to complete then enter in buy trade for 5th wave up. It is very strong in daily time frame.
Sunrun Inc (RUN - NASDAQ) - Bulls on solid RUN
Sunrun Inc (RUN - NASDAQ) is in impulse cycle. In daily time frame it is in C (or 3rd) wave up. In 4 hr time frame, it is in 5th subwave of 3rd wave up. In 15 min time frame, it is in internal 3rd wave, which might end soon, thereafter 4th internal wave will start to correct and final internal wave 5 wil end the 5th subwave of 3rd wave. Stay bullish on three wave pull back in 10 min time frame.
Nio Inc (NIO - NYSE) - Bulls on ride
Nio Inc (NIO - NYSE) is in impulse cycle. In 4 hr time frame, it is in 5th subwave of 3rd wave up. In 15 min time frame, it is one more high away to end the 3rd wave of major cycle, thereafter 4th wave will start to correct down, which might be deeper correction as 2nd wave was choppy. Stay bullish when 4th wave about to over for new high for 5th wave cycle. Again it may extend further as high volume supports the move upward. The 1st wave at bottom was leading diagonal structure, which skyrockating the price within the short time.
eBay Inc (EBAY - NASDAQ) - Bulls on fire
eBay Inc (EBAY - NASDAQ) is in solid impulse within 4 hr time frame, where 5th wave is in progress. In 30 min time frame, it is in 3rd subwave, where internal 3rd wave is about to end soon. Thereafter 4th internal wave will correct it down, which is good buying opportunity. Again it go up to complete the 3rd subwave of 5th wave up. Stay bullish when three wave correction occur for new high as target.
Etsy Inc (ETSY - NASDAQ) - Bulls on fire
Etsy Inc (ETSY - NASDAQ) is in 4th subwave correction of 3rd wave up in 2 hr time frame. It is in complex correction which will end 4th subwave, thereafter 5th subwave means final 3rd wave will end at new high. So stay bullish for new high. It is in solid uptrend in weekly time frame with almot vertical rally.
7/7/2020
Gap Inc (GPS - NYSE) - Bearish price outlook
Gap Inc (GPS- NYSE) is in ABC correction in 30 min time frame after gaped up huge with huge volume and started to fade out that gap. It has completed WXY correction in 4 hr time frame from major daily low this year. In weekly time frame, it is correcting up side after ABC zigzag correction completed downside. Stay bearish with stops above invalidation level of 13.24 for the target of C wave down to gap fill of 10.23. It may possible that B wave in 15 min time frame may go once above invalidation level, then it starts go down to C wave for target. In that case wait for impulse down and pull back again to get in to the trade. The volume easily drives it to target zone even SPX is bullish or not.
Aptiv PLC (APTV - NYSE) - Choppy or bearish - what’s next ?
Aptiv PLC (APTV - NYSE) is in WXY corrective pattern in 30 min time frame, where W was over and X is forming complex correction. So stay bearish when it completes X wave by confirming downside impulse wave in 5 min time frame. Keep the high of that X wave as invalidation level to trade and once the price broke the trend line support, it will fall even more faster for Y wave. It is under-performing in last leg up of X wave to SPX, which is good for sell trade.
BorgWarner Inc (BWA - NYSE) - Choppy to bearish outlook
BorgWarner Inc (BWA - NYSE) is in ABC zigzag correction having B wave complex correction as wxy and its already over. C wave down cycle started and in today’s gap down market it may completes the 1st wave of C down, then 2nd wave will go up, so wait for 2nd wave to enter in sell trade with stops above invalidation level 36.09 for target zone of 30 as C wave. It started under-performing the SPX since last move up in B wave.
Biomarin Pharmaceutical Inc (BMRN - NASDAQ) - How much bullish from here ?
Biomarin Pharmaceutical Inc (BMRN - NASDAQ) is in impulse sequence up, where final cycle of impulse in 30 min time frame is about to end, which is confirmed by divergence shown by indicators. This calls for possible pull back time. So wait for at least three wave pull back in 30 min time frame of 5-8 trading days.
PerkinElmer Inc (PKI - NYSE) - choppy price action
PerkinElmer Inc (PKI - NYSE) has completed impulse wave up in 4 hr time frame and now it correcting in complex (or flat) correction, where abc correction is in progress upside. As market bias is positive, it is easy to trade this kind of trade set up, where c wave is in up side. Stay bullish with stops below 99.35 for the target of 103.90. If it drops below 97.73, means X wave is over and Y is going down. So stay bullish above that level for c wave of X cycle.
InVitae Corp (NVTA - NYSE) - Bulls may lose the heat
InVitae Corp (NVTA - NYSE) is in ABC wave in 4 hr time frame as wave A is in leading diagonal structure with B flat time consuming correction. Wave C is impulse and 3rd wave with huge volume defines the cycle. It is about to complete one impulse cycle, where 3 and 5th both are extended wave and 5th wave is about to end in five wave cycle, so now stay away from bullish side to this stock, unless it start again extending 5th wave. Below trend channel, it is considering correction mode.
Sea Ltd (SE - NYSE) - Bulls losing heat
Sea Ltd (SE - NYSE) has completed impulse sequence in 4 hr time frame, where 3rd wave was extended wave. Wave 5 is over (if its not gonna extended further). Stay bearish only below 102 level as 4th wave low, that confirm the impulse over. Above that level 5th wave might have chance to extend. Let’s see how it moves.
21Vianet Group Inc (VNET - NASDAQ) - Bears taking control ?
21Vianet Group Inc (VNET - NASDAQ has completed impulse sequence in 4 hr time frame, where 3rd wave was extended wave. Wave 5 is over, which after gaped up with high volume just falling down in correction. Stay bearish with high 30.21 as invalidation level when price rise to complete b wave up within abc correction down.
Twilio Inc (TWLO - NYSE) - Bulls or choppy - what next ?
Twilio Inc (TWLO - NYSE) has completed impulse sequence in 4 hr time frame, where 3rd wave was extended wave and fifth wave is also the part of extension. 5th wave was subdivided in further clear five wave, where 5th subwave was doing the same. But it clearly end the impulse and now start correcting down. So stay away if you hold bullish trade. Next will be choppy three wave up and down move expected.
7/6/2020
Microsoft Corporation (MSFT - NASDAQ) - Choppy to trendy - what’s next ?
Microsoft Corporation (MSFT - NASDAQ) is about to end 5th subwave of 3rd wave up in impulse sequence in 4 hr time frame since major swing low. In 10 min time frame, one more high will end the 5th wave, which is 3rd wave major in bigger time frame. Here two cases possible, one is it may further extend and another is if its over then subwave 4 will start correcting down, which on completion, again price will rise for 5th wave up. 4th subwave will be flat or complex as 2nd wave was sharp in nature. Overall bullish trend continue until it broke 187.36 level.
Apple Inc (AAPL - NASDAQ) - Choppy to bullish - what’s next ?
Apple Inc (AAPL - NASDAQ) is in extended 3rd wave up, which is currently in 5th subwave. It is in the 2nd internal wave of 5th subwave, so wait to end it before buy in 3rd internal wave in 5 min time frame. 5th subwave will end at around 382-390 level range as 3rd major wave. Keep eye in 5 min time frame to get any entry if pull back occur. It is out-performing stock to NDX.
Amazon.com Inc (AMZN - NASDAQ) - Choppy to bullish - what’s next ?
Amazon.com Inc (AMZN - NASDAQ) is in 5th internal wave as gap up of 3rd subwave in impulse sequence in 2 hr time frame. The 5th wave is extending with momentum. It is subdividing in 3rd wave and internal 4th of 3rd wave in in progress, which will over with gap up today and end 5th internal soon. Wait for 10 min pull back in three wave down to get in to for 5th subwave of 3rd wave up of 5th wave major cycle.
Alphabet Inc (GOOGL - NASDAQ) - Choppy to trendy - what’s next ?
Alphabet Inc (GOOGL - NASDAQ) has completed impulse sequence in 4 hr time frame, which is wave 1 in daily time frame of impulse wave. In 30 min time frame, it is going up in either ABC or 1st subwave of 3rd wave up, which is still incomplete sequence and one more leg away, which will end with today’s gap up with SPX, thereafter pull back of B (or 2nd ) wave will go down. Overall its in solid uptrend so keep the eye on pull back to get in to trade for next wave up as either C or 3rd.
Visa Inc (V - NYSE) - Choppy or Bullish ?
Visa Inc (V - NYSE) it has completed 4th wave in 4 hr time frame and make it in 5th wave up. It is about to end 1st subwave of 5th wave today by gaping up today. Thereafter 2nd subwave correction will start down. Keep eye on invalidation level of 187.11, where 5th wave up invalidated and 4th wave correction will go on again. Above that price stay bullish withat stops below that 187.11 level for target above 209 or even higher at 222.
UnitedHealth Group (UNH - NYSE) - Bulls Vs Bears - who will take control ?
UnitedHealth Group (UNH - NYSE) is in ABC zigzag down cycle, where Impulse A wave and zigzag B corrective wave in abc move has been completed. C wave just started moving down, but wait to confirm the down sequence by impulse 1st wave of C in 3 min time frame and its pull back to get in to trade with invalidation level of 303 as stops for C wave. The target of the trade is 260 level. It is having good risk reward ratio trade.
Nvidia Corporation (NVDA - NASDAQ) - Bulls in complete control
Nvidia Corporation (NVDA - NASDAQ) - As mentioned in previous updates it is forming impulse wave in 4 hr time frame, where 5th final wave is in progress. In 10 min time frame, it is about to end 1st wave with gap up today, thereafter 2nd wave will start correct it, which can be good buying opportunity for 3rd wave up of impulse. Keep eye on invalidation level 356.40 as stops of this impulse cycle. Below that the impulse wave is over.
Tesla Inc (TSLA - NASDAQ) - Big bull in control
Tesla Inc (TSLA - NASDAQ) is in strong up trend as impulse wave, where it is in 3rd wave in 4 hr time frame. It is extending 3rd wave. It is currently in 3rd internal wave of 5th subwave of 3rd wave. In 15 min time frame, it will end 3rd wave of impulse today with gaping up, thereafter 4th wave pull back will happen, which will again make new high to end impulse 3rd wave in 30 min time frame. Stay bullish on every three wave dip to get a new high.
Paypal Holdings Inc (PYPL - NASDAQ) - Big bulls in full control
Paypal Holdings Inc (PYPL - NASDAQ) is in 5th wave, which is further extending in 4 hr time frame. In 30 min time frame, the 5th wave is subdividing in impulse cycle, where subwave 1 & 2 were over and 3rd subwave is under progress. It is about to finish 3rd internal wave of 3rd subwave with today’s gap up price action. Then it will go down for 4th internal wave and one more high will end 3rd subwave. Stay bullish with stops below 173.50. The 5th wave target probably will 199 level. If price falls below 164.35 then 5th wave considered either over or ending diagonal structure may an alternate option.
Autodesk Inc (ADSK - NASDAQ) - Choppy or trendy - What’s next ?
Autodesk Inc (ADSK - NASDAQ) is in impulse cycle in 4 hr time frame, which might either over as one count or two more waves away to end the pattern. As per main count, it is the 5th subwave of 3rd wave up, which is about to end its 1st internal wave and will start 2nd wave soon. .Thereafter 3rd internal wave will start as good buy opportunity. As price moving up with increased momentum, it is obvious that waves are not over.
Square Inc (SQ - NYSE) - Bulls in complete control
Square Inc (SQ - NYSE) is in strong impulse up move, which is extending its 5th wave in 4 hr time frame. In 30 min time frame, it is in the 3rd internal wave of 3rd wave, which is one more high away to complete, thereafter 4th internal wave will pull back in price. Keep buying in every three wave pull back until it completes the whole cycle.
Cadence Design Systems Inc (CDNS - NASDAQ) - Bulls in control
Cadence Design Systems Inc (CDNS - NASDAQ) is in 5th wave up in 4 hr time frame. In 30 min time frame, it is in the 3rd internal wave of 3rd wave up, which is one more high away to complete, thereafter 4th internal wave will pull back in correction. Stay bullish in every three wave pull back for new high as target. The 3rd wave in 4 hr time frame is smaller than 1st wave, means 5th wave will be even smaller than 3rd wave expected or whole sequence may be the part of 3rd wave, if price crosses the boundary.
DocuSign Inc (DOCU - NASDAQ) - Bulls in complete control
DocuSign Inc (DOCU - NASDAQ) is in strong impulse wave up in 4 hr time frame and within 3rd wave extension. In 30 min time frame, it is in 5th subwave of 3rd wave, in which internal 3rd wave is away of one more high. Stay bullish with every three wave pull back in price until price is within impulse wave cycle. In weekly time frame, it is in the 3rd wave up of C (or 3rd) with huge momentum and volume and out-peforming the NDX.
Domo Inc (DOMO - NASDAQ) - Bulls in control
Domo Inc (DOMO - NASDAQ) is in 5th wave up in impulse cycle in 4 hr time frame. In 15 min time frame, it is in 3rd subwave of 3rd wave up of 5th wave cycle, which probably ends with gap up today. Thereafter 4th wave correction will start. One more high after that will probably end the impulse (if further not extends).
Elastic NV (ESTC - NYSE) - choppy before bulls taking control
Elastic NV (ESTC - NYSE) is in impulse wave up in 4 hr time frame and is within 4th wave correction as WXY, where X is in progress. Wait for Y wave down to complete for next bullish entry for final wave up. Probably it will be good buy zone 89-85. Let’s see how charts unfold.
Coupa Software Inc (COUP - NASDAQ) - Bulls in complete control
Coupa Software Inc (COUP - NASDAQ) is in impulse wave up in4 hr time frame, where 5th wave is going to extend after 3rd wave. In 30 min time frame, it is in 3rd internal wave of 3rd subwave of 5th wave up, which is about to over with new high, if not extends further. Stay bullish when three wave corrective pull back occur in 15 min time frame until the wave is valid.
Workiva Inc (WK - NYSE) - Bullish or choppy from here ?
Workiva Inc (WK - NYSE) is in impulse wave in 4 hr time frame, which is over, unless the 5th wav not extends. Possibly it is correcting here, even if it will extend. So not a good buying candidate until clear count.
ServiceNow Inc (NOW - NYSE) - Bulls or bears who will take control ?
ServiceNow Inc (NOW - NYSE) is in strong uptrend in weekly time frame. It has about to complete the impulse sequence in 4 hr time frame, if 5th wave will not extend further, so wait for at least three wave pull back in 15 min time frame before buy for extension with stops below 386.48 level. Below this level, it is considered that impulse is over.
Qualys Inc (QLYS - NASDAQ) - Choppy or more bearish ?
Qualys Inc (QLYS - NASDAQ) has completed impulse wave sequence in 4 hr time frame. Thereafter it started correcting impulse in 1 hr time frame. It dropped in A wave impulse and forming B wave as flat correction, which is about to end, but wait for impulse cycle of c of B to over and 1st impulse wave down of C to occur to sell trade set up. It is already under-performer to NDX, which is added benefit to trade.
Novamax Inc (NVAX - NASDAQ) - bulls or bears - What’s next ?
Novamax Inc (NVAX - NASDAQ) is in strong uptrend in 4 hr time frame, which is impulse and within 5th wave extension (unless it further unfold in extension). In 30 min time frame, it has completed 5th wave after 4th wave triangle. Within 4th wave triangle, E wave itself was triangle. So possible sharp decline will be expected to drop within 4th wave zone between 60-50 zone (unless it further extends).
Biohaven Pharmaceutical Holding Co Ltd (BHVN - NYSE) - Bulls Vs Bears - who will win the battle ?
Biohaven Pharmaceutical Holding Co Ltd (BHVN - NYSE) is in impulse wave in 4 hr time frame and about to completed 4th wave as triangle. Buy above 73.98 level only if pricec crosses above with stops below 70.50 for the target of 79.50-81.50 zone. In weekly time frame, it is in WXY double zigzag correction.
Genmab AS (GMAB - NASDAQ) - Bulls holding tight
Genmab AS (GMAB - NASDAQ) is in strong uptrend in 4 hr time frame and it is within 5th wave extension unless it drops below invalidation level of 33.56. Stay bullish in every three wave dip in 5 min time frame for new high until the price reaches to 5th wave target zone.
Lululemon Athletica Inc (LULU - NASDAQ) - Bulls in complete control
Lululemon Athletica Inc (LULU - NASDAQ) is in impulse wave up in 4 hr time frame, where 5th subwave of 3rd wave up in progress with gaping up. Stay bullish for 5th subwave with invalidation level of 302.66. It is in 3rd internal wave of 5th subwave in 15 min time frame with increased volume support. It is targeted to 340 level for 3rd wave completion.
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