Stock Technical Analysis Methodology

Multiple entries in the vault demonstrate a consistent approach to technical analysis focused on Fibonacci retracements, moving averages, and wave patterns. The method is applied across a curated watchlist including $ONDS, $FLNC, $ABCL, $RKLB, and $HIMS.

Core Analytical Framework

Fibonacci Levels: The 0.786 retracement appears repeatedly as a key support/resistance level. This deep retracement level is often the "last stand" before a trend reversal — holding it suggests trend continuation; breaking it signals weakness.

200-Day Moving Average: Serves as the primary trend filter. Price above the 200 DMA with the DMA sloping up = bullish regime. Price testing or below the 200 DMA = defensive posture.

Wave Analysis: Elliott Wave counting is used to project targets. Wave 5 completions and extensions are tracked with percentage targets (e.g., Wave 5 target +119%).

Volume Analysis: Unusual volume spikes signal institutional activity — accumulation or distribution depending on price direction.

Watchlist Construction

The watchlist appears to focus on three segments:

AI/Infrastructure plays: $FLNC (hyperscaler power infrastructure), $RKLB (space tech), $NVDA ecosystem plays
Healthcare/Tech crossover: $HIMS (telehealth platform expansion), $ONDS (medical devices)
Speculative growth: $ABCL (AI cybersecurity)

This concentration suggests a thesis focused on AI-adjacent infrastructure rather than pure AI application companies — picking up the shovels, not the gold.

The HermesPortfolio Connection

The HermesPortfolio directory contains earnings calendars and portfolio tracking files that feed into this technical analysis framework. The system appears to combine fundamental catalysts (earnings dates, SEC filings) with technical setups (fib levels, moving averages) for a dual-lens approach.

Connected Concepts

Echo Analysis Watchlist Technical levels
Stock Watchlist
HermesPortfolio
Crypto Price Monitoring

Sources