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Two Stocks I'm Bearish OnTwo stocks that I would currently short are McDonalds and Netflix. McDonalds seems to be making the same type of mistakes that Big Boy or Frisch's Restaurants, Inc. were making that lost costumers. The marketing tactics they have are getting either too outdated, too risky, or too controversial. Outside of that, franchise fees are too expensive. You have the whole Steve Easterbrook controversy and a bunch of high support lines that look due for a pullback. Netflix is also under fire. The show Cuties have received a bunch of controversy for obvious reasons + you seen lots of hard dips recently on it. Netflix isn't like Tesla. The product Netflix has can be replaced by competition. That being said, I'm bearish. Please invest at your own risk and do your own due diligence. Proceed with caution.
NYSE:MCDShort
by gamer456148
Tesla Target: $525 by OctoberRight now, I think Tesla is expected to have some serious dips quite soon. It has been the post-split period and people were getting excited the first few days. However, some people still may be able to make a buy and hold consolidation strategy work for them. Nothing wrong with selling and then rebuying at a safer price or collecting dips before this surges. I'm at the position where I like Tesla as a car company and nothing more, nothing less. I think Tesla might even be the car company, which is a big difference between a car company. Many people have compared Tesla vehicles to computers on wheels at this point. I'm not a fan of some of Elon Musk's other companies, but as for Tesla, he have been managing it quite well. Likely he will hit production quotas again. That being said everything I say is on an opinion based basis. Please proceed with caution at your own risk. Do your own due diligence.
NASDAQ:TSLALong
by gamer456148
The Case for Being Bearish on XPEVRight now, XPEV is one of those stocks I have been following for a while. On IPO day, I decided not to buy any shares due to what seemed to me uneasy activity in the market. I still feel uneasy, so in a way I'm still watching from the sidelines. The valuation is obscene compared to revenue and competitors, and the IP seems quite similar to Tesla. Even both chargers have the same style green light. I'm not accusing anybody of anything, I'm just stating what I am seeing to an extent. The designs from my outside perspective look (as someone who done product and industrial design before) look quite similar. That being said, am I still bearish? Yes! I'm shifting somewhere towards a more neutral position given now it is $20.68, but still expect resistance to increase. Currently, I'm not a fan of the way charting is and its technical setup. That being said, please proceed at your own risk. Everything I am saying is on an opinion based basis. Proceed with caution and do your own due diligence.
NYSE:XPEVShort
by gamer456148
1
I Might Be Super Long for NNOXNNOX is one of those IPOs that were interesting me. I got in at $22.53 in one account, and averaging $24.49 in another. I exited out in one account at roughly $30.25 and the other at $29.50 near the peak. I did a rentry recently at $24.96, and was going to put a sale of $28.50 but decided to cancel that one and go in long. NNOX seems to be interesting to someone like me in terms of overall long term potential. I am doing research in similar markets so I know the sensors they want to provide are relatively basic compared to what is out there. The value proposition seems to be instead of using technology in the 80s and 90s to power medical imaging devices, use technology from the 2000s. They seem to be having a highly realistic value proposition from a technological standpoint. WalletInvestor recently came out with ludicrously large 1 year and 5 year targets for them, and the Montley Fool recently seemed to nickname them the "Tesla of Medical Imaging". Those are two popular resources seeming to add to people's bullishness. Given what has been said, I expect Nanox Imaging to garnish higher support levels. The sentiment seems positive as of now, and I don't expect major resistance patterns too soon. Also, I don't see reasons why the FDA might reject their device or the FCC might have a problem, given that more than likely this may emit less radiation than typical medical imaging machinery. That being said, everything I am saying is on an opinion based basis. Please do your own due diligence, invest at your own risk, and proceed with caution.
NASDAQ:NNOXLong
by gamer456148
NNOX: Huge IPO Signal: $38+ Target?12:15 Price was $21.76, entry was at $22.53, current price now is at $24.50, target is $38. Right now, Nanox Vision has alot of potential as a Siemens competitor, and the sentiment is overwhelmingly positive. I think continued support for this IPO shall continue this bullish run. That being said, currently a long position. Please keep in mind, everything I say is on an opinion based basis. Please do your own due diligence, proceed with caution and invest at your own risk.
NASDAQ:NNOXLong
by gamer456148
Two Stocks for Positive Bull Run ContinuationI think that ACRS as it stands is a Covid19 play and could be the next CAPR with its drug discovery targets. Positive sentiment will keeping coming up. I also think that CLPS as an IT company will still have some positive sentiment and support correlations, at least on Monday. If I were you, I would likely be long pre or open market hours entry. That being said, everything I say is on an opinion based basis. Please do your own due diligence and proceed with caution. Invest at your own risk.
NASDAQ:ACRSLong
by gamer456148