Echo Analysis Watchlist Technical Levels

Saved: 2026-04-29 11:07 Source: Notes from @EchoAnalysis (Discord trading analysis)

🚀 Bullish / Accumulation Zones

CELH — Celsius Holdings

Long-term thesis: Very positive — "generational buy" potential
Current behavior: Waiting patiently for a deeper pullback; "close to buying"
Key buy zone: 0.786 Fibonacci support around $30
Longer-term target: Wave 3/5 target of +389%
Portfolio status: On wishlist (1% position desired)

OUST — Ouster

Setup: Bullish — broke above 200 DMA, pulled back to retest and bounced
Buy signal: Any further retest of 200 DMA is a buy-on-dip
Target: Wave 3 target +209%
Note: Frequently highlighted as primed for breakout
Portfolio status: On wishlist (1% position desired)

RDW — Redwire

Long-term: Very bullish — massive Wave 5 target of +391%
Short-term caution: Price broke below 50 DMA; deeper pullback expected
Probable buy zones: 200 WMA (~$6.78) or 0.786 Fib (~$6.50)
Current phase: Interpreted as Wave B/C chop before Wave 3 impulse
Portfolio status: On wishlist (1% position desired), sizing placeholder

SIDU — Sidus Space

Current: Pulled back significantly, testing Fib levels; waiting for 50 DMA tap as buy zone
Prior success: Previously nailed a +79% move on this ticker
Target: Wave 3/5 targets around +202–240%
Status: Frequently on watchlist, but not yet at entry
Portfolio status: Small current position (3 shares) — potential add-on zone pending

SMR — NuScale Power

Long-term: Extremely bullish ("generational buy" potential), Wave 3 targets +642% to 10x+
Near-term: Weak; waiting for support at 0.887 Fib in the $7s
Expectation: Price will test that support before stepping in
Chart notes: Playing out as expected with lower lows; still accumulating
Portfolio status: On wishlist (1% position desired), waiting for $7s zone

📉 Bearish / Wait-for-Flush Zones

ELF — e.l.f. Beauty

Near-term structure: Bearish — older but consistent view
Expectation: Further downside in Wave C to a lower low
Strong buy zone: 0.887 Fib around $31 (waiting for final flush)
Prior call: ~45% drop from prior levels; still awaiting that capitulation event
Portfolio status: On wishlist but currently sidelined until flush

📊 Analysis Framework Notes

Elliott Wave: All tickers labeled with current/expected wave count; most awaiting Wave 3 impulse moves after corrections complete
Fibonacci levels: Key support/resistance anchored to 0.786 (aggressive buy) and 0.887 (deep value) retracements of prior moves
Moving averages referenced:
- 50 DMA — short-term trend filter
- 200 DMA — major trend dynamic support
- 200 WMA — long-term foundation level
Time horizons:
- Near-term: weeks to months (Wave B/C corrections, entry waiting)
- Long-term: multi-year holds targeting Wave 3/5 impulse moves
Risk management: Entries specified as zones (not single prices) → suggests scaling in around those levels rather than market orders

🔗 Related Portfolio Context

These tickers map to your current positions and wishlist:

| Ticker | Current Position | Wishlist Target | Entry Zone | Technical Stance | |--------|-----------------|----------------|------------|-----------------| | CELH | No | 1% | ~$30 | Bullish — close to buy | | ELF | No | — | ~$31 flush | Bearish — waiting | | OUST | No | 1% | 200 DMA | Bullish setup | | RDW | No | 1% | $6.50–6.78 | Bullish — pullback entry | | SIDU | 3 shares | — | 50 DMA tap | Patient add-on | | SMR | No | 1% | $7s (0.887 Fib) | Bullish — waiting for test |

✅ Action Checklist

[ ] Set price alerts for entry zones
[ ] Monitor CELH pullback to $30 0.786 Fib zone
[ ] Ignore ELF until $31 flush zone and structure turns bullish
[ ] Watch OUST for 200 DMA retest (~$70–72) as entry
[ ] RDW: watch for breakdown to $6.50–6.78 zone
[ ] SIDU: wait for 50 DMA tap before adding to existing small position
[ ] SMR: wait for 0.887 Fib test in $7s before initiating

Note: Analysis calibrated as of 2026-04-29. Re-evaluate zones monthly or after major price action.

2026-04-29 Echo Analysis Watchlist Technical Levels