123Tom's TA study group

[Sendme]

I think that the EV sector is going to be interesting too. If nothing else, I really like the chart set ups that happened the last couple of years with the initial spikes in price.

I have noticed a familiar pattern that happens quite often in them.

Just like in AVXL, if you put the fibs on the previous swing highs in 2011 down to 2015 you get the 3 target fibs to take profits.

Then after that I noticed that the price would drop back down into the .786 to .886 fib retracement. That is what I call the money zone and time to start looking for an entry.

The longer it consolidates at that level the better IMHO.

You have to wonder how many investors will book profits from the big run up in NVDA AAPL MSFT etc and move it to the EV sector?

This is the AVXL chart again, but I added the fib retracement on it this time.


Now compare that with DSGT


I posted this chart earlier, but what I am doing is setting alerts at the .886 level and then try to keep an eye on it from there.

FCEL



That's what caught my eye on BLUE. Right now it is a falling knife, so I set an alert at $5 and also one for 7 months from now because if this thing can consolidate for at least 6 months around the $2-5 range then Odds favor a bounce back up to $20-25 level IMHO. That would be a 4 bagger or more.