BJay started the topic KBW upgrades Goldman Sachs, sees 40% rally in the stock in the forum Impulse Waves 7 months, 3 weeks ago
KBW raised its price target on the stock to $429 from $395. The new price target is 40.8% above where shares closed Thursday 10/06/2022 at $304.67.
This is very interesting because everyone is screaming recession by year-end. One main reason is that Goldman Sacs is one of the Dow30 stocks. This adds to my previous analysis of the Dow Jones…[Read more]
BJay started the topic Why is the U.S. Dollar Rising? in the forum Impulse Waves 7 months, 4 weeks ago
Nearly every major currency has lost ground against the U.S. dollar this month, an offshoot of the Federal Reserve’s campaign to rein in inflation through higher interest rates. For Americans, a stronger dollar means cheaper imports and trips abroad.
Lately, the greenback has been going crazy, steadily rising, but it seems that most people w…[Read more]
BJay started the topic The Case of Ripple (XRP) in the forum Zig Zag Pattern 8 months ago
A three-wave move in Wave ((A)) or ((W)) which is ABC ZigZag in this case, constitutes a Flat or Triangle for Wave B. Yes, you can almost predict Wave ((B)) or ((X)). The weekly chart below shows that the correction in crypto is not complete; in fact, Wave ((C)) or ((Y)) can be the worst to the downside.
I tried to label this chart as best as…[Read more]
BJay started the topic Is this market headed for $40k in the forum Impulse Waves 8 months, 1 week ago
If Friday, September 23rd around 1:27 pm as I begin to write this article. I am looking at the television on one of my favorite channels. The Dow Jones Industrials is down $567 points.
As I look deep into the charts and begin to analyze this market again, I still can’t make out that this market is going to crash.
Keeping this short and sweet;…[Read more]
BJay started the topic Brent Oil in the forum Regular Flat 8 months, 3 weeks ago
Lets take a look at #brent #oil #futures. In what appears to be a Flat Pattern. If this pattern is correct Gas Prices will sink to around $2 per gallon. The pattern is broken. Wave C may be in effect.
BJay started the topic Bitcoin headed for lower lows. in the forum Zig Zag Pattern 9 months, 1 week ago
In this ABC Zig Zag Pattern. Wave (A) is a Zig Zag Pattern. Wave (B) is an Expanded Flat Pattern, and Wave (C) is an Ending Diagonal Pattern. If this is a true Zig Zag Pattern like I think it is, $Bitcoin is definitely headed down even lower than the June 18th low.
$Bitcoin – Check out the chart
BJay replied to the topic Expanded Flat in the forum Flat Patterns 10 months, 1 week ago
Here in Brent Oil. We could be seeing the price of gasoline going down. This looks to be an Expanded Flat Pattern. If this is the case, the price will fall fairly fast in Wave ((C)).
BJay started the topic Sundial Growers (SNDL) in the forum Expanding Diagonal 10 months, 1 week ago
Let’s take a look at this Expanding Leading Diagonal. This will take off like a rocket if we do not break the support line here. Now, it takes time for corrections but when they are over, Wave 3 begins…
BJay started the topic Expanded Flat in the forum Flat Patterns 10 months, 1 week ago
Can someone help me identify this flat pattern?
BJay changed their profile picture 10 months, 2 weeks ago
BJay posted an update 10 months, 2 weeks ago
hey whats up
