Category Archives: SRL

NYSE Oil & Gas Stock Index Downside Targets

This posting will cover the downside targets for the NYSE Oil and Gas Stock Index using Edson Gould’s Speed Resistance Targets.

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Adani Enterprises Upside Resistance

Below are the Upside Resistance Lines for Adani Enterprises based on the work of Edson Gould: Continue reading →

Adani Enterprises Downside Targets Based on the work of Edson Gould

Below is the Downside Target for Adani Enterprises from 2020 to 2023 based on the work of Edson Gould. Continue reading →

Charter Communications Downside Targets $CHTR

Below are the downside targets for Charter Communications (CHTR) based on the decline from the May 2021 high. Continue reading →

Natural Gas Downside Target Based on Edson Gould

This posting will cover the downside targets for Natural Gas using Edson Gould’s Speed Resistance Targets.

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Walker & Dunlop Downside Targets $WD

This posting will cover the downside targets for Walker & Dunlop (WD).

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NYSE Oil & Gas Stock Index Downside Targets

This posting will cover the downside targets for the NYSE Oil and Gas Stock Index using Edson Gould’s Speed Resistance Targets.

Continue reading →

Gould’s Upside Targets for Ark Innovation

Below are the Upside Resistance Lines for Ark Innovation ETF (ARKK) based on the work of Edson Gould: Continue reading →

Bitcoin Downside Targets based on Edson Gould #Bitcoin

Below are the downside targets for Bitcoin based on the work of Edson Gould. Continue reading →

Gould’s Downside Targets for Shopify $SHOP

Below are the downside targets for Shopify Inc. (SHOP) As of March 9, 2022: Continue reading →

Meta Platforms Downside Targets

Below are the downside targets for Meta Platforms (FB) based on the decline from the September 7, 2021 at $382.18. Continue reading →

ARK Innovation Price Target Update

Below is an update to our March 5, 2021 downside targets for ARK Innovation based on the work of Edson Gould.

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The targets, based on the $156.58 peak, continues to be at:

  • $90.73 (conservative target)
  • $71.98 (mid-range target)
  • $53.23 (extreme target)

The red boxes indicate where the price either breaks above or below the prior support (now a resistance level).  Currently, the ascending $71.98 level is a resistance which, if broken to the upside, will provide positive momentum to retest the ascending $90.73 level.  Naturally, a break below the ascending $53.23 level usually results in that being the next target for the price of the ETF.

Gould’s Downside Targets for Boston Beer $SAM

Below are the downside targets based on the work of Edson Gould. Continue reading →

S&P 500 Downside Targets Using Dow Theory and Gould’s SRL

This posting will cover the downside targets for the S&P 500 Index using Dow Theory and Edson Gould’s Speed Resistance Lines [SRL].

Dow’s Theory: 2020-2021

Applying Dow Theory from the March 23, 2020 to September 2, 2021 period, the downside targets for the S&P 500 Index are: Continue reading →

DJIA Downside Targets Using Dow Theory and Gould

This posting will cover the downside targets for the Dow Jones Industrial Average using Dow Theory and Edson Gould’s Speed Resistance Lines [SRL].

Dow’s Theory: 2020-2021

Applying Dow Theory from the March 23, 2020 to September 2, 2021 period, the downside targets for the Dow Jones Industrial Average are: Continue reading →