News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
QLTS on radar
QLTS chart
YIPI Fib Chart: Tug 'o war. Plain and simple. .57 held as the low, on the mark. Those that would like to cover are likely not happy with today's action. When that 78.6% line is crossed, and closed over...watch out. There is a key in that area, I think. Something being defended. A trigger? GLTA
My YIPI long chart was establish 11.17.13, btw:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94151792
I tend to try and draw overlapped charts to define newer trading data for shorter term action here and there. This is also why I have gotten away from drawing the fans. The fan charts are normally only valid for a day or two; and only provide background support/resistance on long chart extension lines for current action. Sometimes I feel they dilute the purpose of the long chart extensions; so I'm trying to get away from posting them as their utility is ever changing from frame to frame on the Fibonacci landscape. Just feel they're helpful sometimes to post when pinches occur in a frame of time off a valid extension draw.
Fantastic post!
It just seems fib extensions/fib fans are only used by you in hindsight to describe price action where you finally find a set up that works. I don't recall seeing you create a fib fan/extension that you used for weeks.
These pivot points were drawn well before there was a top to run a fib retrace on IMO. The .47ish line in particular.
Fibonacci is solely based on an arithmetic sequence where the ratio between the numbers is what is behind this thing, and I don't really think that legitimately provides a support/resistance point. In my opinion it is a psychological thing and can be a useful tool. I have seen many stocks where a retrace can nail a bounce point. I still can't figure out if you are implying that these fib fan/extension/retracements are actually support/resistance points. I've followed your charts for a long time and a lot of the time it seems the points you chose for a fib fan were almost arbitrary, and selected just to make the fib fit the chart.
I don't find the fib fans and extensions very useful. I think the fib retrace holds the most weight here. But then again, maybe I just don't use it correctly. It just seems fib extensions/fib fans are only used by you in hindsight to describe price action where you finally find a set up that works. I don't recall seeing you create a fib fan/extension that you used for weeks. It seems you always change it to match the price action. Maybe that is your goal, as I said before maybe I just don't understand it correctly.
On a side note, very cool extension you did with MYEC. More so if you were able to see that on your first try and not having to keep trying different points to make the lines line up.
Keep making these charts. Very cool stuff when it all comes together.
YIPI: Hope the Fibonacci doubters are following this one.
Updated from today's trading session:
YIPI: Fibonacci levels maintaining. Another huge solid break through today, this time on the higher 61.8% line. Awaiting confirmation of conversion to support on Monday. Seemed to be more blocks in the way of a full clear today, though. Cheers to all that have waited! Looking extremely bullish.
YIPI Unbelievable close! Clearly the 38.2% was converted... obliterated, even. And now we've cleared the 50% with ease. Let's watch the confirmation of conversion to support tomorrow. Could finally be time, boys.
YIPI Fib chart update for today's trading:
So we got the break through on the 38.2% extension line (the horizontal fib line in yellow). A hugely, hugely important line, especially with the 38.2% fan line coming in for the pinch. That said, I raised an eyebrow with how it broke the line. This candle looks spectacular, but normally, with a break of this kind, it has a top wick. We only had that one trade at the end of the tape that created the stick the way it is. Granted, it was a nice large trade, but there were end of day offers below the buy. It tells me there are still potential sales waiting in this resistance area. Being so low volume, the chart can become shaky on it's fundamental properties at first glance. Level II action has to thus be accounted for. That said, I see the clear break through and conversion to support as happening sooner than later. Perhaps tomorrow. But, in order to actually convert, the buy volume has to happen on the offers at the resistance level. Just not sure it's cleared yet. If we wick up to the 50% extension line tomorrow, then I'd say it's definitely clear, and converted to support; of course, it would need to close above .48/.49 as well. If that's the case, then we are primed and ready. As the 38.2% fan line closes in on the 38.2 extension line, I expect a new wave of support under our current PPS. The fan line has clearly been converted to support, and any underwick "should" only drop down to it, not below imo. I don't see it possible to get any bid sales under .45, perhaps .46 by tomorrow.
All my opinion based on the chart I see.
GLTA!
GO YIPI!!!
Whoops. Here's the embedded YIPI chart:
In-depth YIPI chart update:
There is so much complexity here, it's difficult to summarize. I wish I could detail everything I'm seeing. Tried to find the easiest common denominators to show in the chart, though it's just filled with lines. If not used to my fib charts, this might look entirely confusing. I'm sorry, I don't it mean it to be =/
I've been studying YIPI for a while now. It's one of the more fascinating charts I've followed -- if not the most. I don't post much anymore because the chart is still standing it's ground in the way I've posted about it before; at least regarding extension lines. The long term 23.6% line, I did not think would be broken as support, but it has been broken. I was wrong in my guess. However, what was revealed, astounded me. The low fan started creeping in on the long-term OCTO (yes, 8 notable bounces) sup/res line around .30. Yes, 8 bounces from below or above. If you take a look at the 50% and 38.2% FAN lines, you'll see how powerful this fan structure is to the chart's function & fruition.
Bascially, we have two incredibly powerful fan lines intersecting two incredibly powerful fib "extension" lines. Over the past two days, we tested the short term 23.6% extension line, with fan intersecting, and could not get past -- which is really expected w/o a catalyst. This intersection puts A LOT of resistance up. But again, the positive aspect of this culmination is the synchronicity of the breakthrough regarding the low fan (61.8%) finally crossing through the biggest resistance of this stock's 52 week life -- the .30 (shown via the 0.0% extension line). The support at .3 is now an unmovable force, imo. That is probably why "someone" wanted to dip the chart below this node right before it happened.
There is so much I want to say about this chart. I've been collecting data visually, and mathematically for a long time now. There is so much intricacy that begs other questions involving trade patterns that are now answerable. I, myself, am learning so much from this cusp of low/high volume relative to float where amazing news is expected. It's an impossible rarity to be part of.
I've never seen a more beautiful chart than what I am seeing right now. That said, I do expect the double bounce of the octo bounce line (I say "double bounce" in regard to short term action). The 61.8% fan line is about to cross, so it is, imo, the last chance for whatever is running the action to pick up the low end .3 bid shares. I think we do that double bounce, and then find ourself in a mini blue sky when the 38.2% fan line clears the long term 23.6% extension line. It is impenetrable, without catalyst, for the next two or three trading days, imo.
TL;DR:
Last call for .31 bid bounce area, then the .39-.41 area alleviates. Door opens with a HUGE new support climb via this low fan crossing the ~.3 standard.
edit: the octo bounce is actually 12 bounces. Count them up yourself.
WLAN - Chart "Double" Bottom Reversal off 200DMA
WLAN - Chart Bottom reversal off 200dma @ .0175
YIPI fib bottom established:
In my opinion, it's not going below .35 for bid filling beyond anomalies. .36/.35 seem to be the lowest fills per the fib chart now. Heavy support here.
As you can see, the bid keeps getting refilled when whacked. I'm not the only one who sees this bottom.
Remember, this is all just my opinion based on what my chart tells me. I'm more certain in YIPI's future than I've been in any chart, portraying a trend.
• ex-IBM exec actively comes on board, when others have said IBM is just backpacking YIPI.
• Fortune 100 company under contract, when/if put into production, explodes revenues.
• New Fortune 100 company apparently also in the works.
• Audited fins in process.
I see no better risk/reward holding in the world right now, imo.
GLTA
ACYD: Been a while since I posted a fib update, but not a whole lot has changed. The current fan is lending a hand in a potential pinch/punch up through the important 78.6% fib level (.0387). I'll be watching to see if we can close over the 38.2% fan line before it crosses/closes over this .0387 point. And just like last time, that .05 is very very important to get over. I certainly believe we'll find our way to a solid test sooner than later. GLTA
(ticker change tomorrow)
YIPI Chart Update! Finally!
What we all knew was going to happen looks like it's occurring. We finally blew past the difficult 23.6% line at .36, and now, in anticipation of these financials, we spiked today. This spike took us to the 38.2% fan line which is a very important support/resistance area. As you can see from late September, the bounce off this line resulted in the start of the big run. If we can break past it, the pinch occurring against the 61.8% extension line should, imo, give us very solid momentum to break it.
We're now in the area of "anticipation of F100 company news". If/when Yippy is brought to production from this period, then I cannot fathom how a 200 mill market cap is not reasonable. Do the math to figure the PPS. As stated, a buyout under $5 per share is not on the table. Only over.
If we can break past that 38.2% fan line tomorrow, the real run may start.
Very very very bullish chart.
YIPI chart. So it begins again. The bid whacking is rare now. The low volume is indicative of bottom. The low volume walk down seems to already have occurred.
Ask slapping is the only way to accumulate now, it seems.
Rev it up, boys...
January looms.
AFYG Fibonacci Chart + Bollie/MACD. Eyebrow raising:
So basically, AFYG fell down to where the previous resistance was before the Nov 1st run. This acts as fairly strong support now. There hasn't been a whole lot of volume in the past, so it's difficult to really get a firm grasp on the chart variable; even more so because this is so low float. That said, there is something of substance moreso when you look at the MACD. First, the fib:
Bollies and MACD...very strange action:
From a bollie standpoint, this looks like a clear buy. MACD did something very strange yesterday, and especially today. It was on it's way to a cross over (red crossing blue from below) and then stopped when eyes came on the stock. Perhaps there is some manipulation going on here for reasons outside of the stock's fundamentals and TA.
Perhaps not, and this is just an anomaly.
GLTA
** $MRIB Chart Analysis 12/13/13 **
Beautiful higher lows and higher highs forming on the $MRIB chart.
Big $ Volume coming in past few days and more to come with this run. Looks like the next leg up is forming here off our .012s base! Bounced off the MA 20 which is very bullish. MACD and RSI just cooled off and are reset to push this run to the next level and new 52wk highs! Current 52wk high is .0248 put in on Dec. 10th. I believe (as many other here do) that $MRIB has just started a serious move to dimeland-quarterland this month. Two separate and accurate valuations of $MRIB put it between .10 and .30 based off the new $40 Million dollar deal.
Hey B-dog, what do you think of this? Any tips appreciated. Still learning 
NTEK: Blatant fib chart update.
This appears, to me, to be a clear take down that met incredibly large bid support that didn't take any chart line into account; just took a stand. The catalyst to the take down, in my opinion, was the Nuvola not being ready for Black Friday.
If your thing is shorting this market; what better catalyst? A popular stock where there is an instance of legitimized doubt. If I were such a person, I would find opportunity with that.
The chart spells it out.
And these shares need to be covered.
At this point in a chart's life, the candles should be panic bouncing off the 50% fan line in the long chart, imo. The day we opened below it, and dropped is when something seemed "amiss". Look at each leg up to new real support (not just the little spikes). Each one bounces the higher low off the next tier in the fan after a quick dip to a midrange (which is captured by more specific fans to display the then current action). Basically, the orange diagonal line should be our new blue diagonal line. The blue line should be obsolete -- and we even dipped under, after 4 days ago, testing the 38.2% fan!!
IMO...
What is happening is an exploited opportunity since this is a popular stock full of greenhorns. I cannot give investment advice, and am simply another unlicensed novice....
But, look closely here.
AAPH updated Fibonacci chart:
Well, as I had hoped, the run has begun. We closed at a very key extension level. If we convert this, looks like it's off to the races.
Looking for an amazing week for all AAPH shareholders.
