BAC is finally back above $40.50 but now the fight starts at $40.80. It was a previous level of support this quarter now I think it could be a resistance level on the daily chart. Wit the stress test news, it wouldn't surprise me if it waffles a bit around here then hopefully breaks. I'm long right now with both stocks and options on the company. IF/WHEN $40.80...
TICKER CODE: NEM Company Name: NEWMONT CORPORATION Industry: US Stocks Non-Energy Minerals Precious Metals Position Proposed: BUY/LONG Entry: 62.80- 63.00 NOW READY 1st Partial Take Profit: 66.05 Stop Loss: 61.05 Technical Analysis 1. Rising Wedge completed (Breakout already) 2. Head & Shoulder (Shoulders forming) 3. RSI OVERSOLD ( price will go up a...
TICKER CODE: DISCA Company Name: DISCOVERY, INC. - SERIES A Industry: US Stocks Consumer Services Cable/Satellite TV Position Proposed: BUY/LONG Entry: NOW READY 30.20 1st Partial Take Profit: 39.85 - 40.00 (~Aug21) 2nd Partial Take Profit: 50.15 - 50.30 (~Sep21) 3rd Partial Take Profit: 69.45 - 69.60 (~Nov21) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop...
TICKER CODE: ENG Company Name: ENGlobal Corporation Industry: Industrial Services, Oilfield Services/Equipment Position Proposed: BUY/LONG Entry: NOW BUY READY!! ( 3.30-3.40 ) 1st Partial Take Profit: 4.95 (JUL 2021-SEP 2021) 2nd Partial Take Profit: 6.20 (END 2021-EARLY 2022) Potential 3rd Take Profit: 8.65 (Mid 2022) Stop Loss: 2.60 Technical...
Just before New York session open I wanted to share a google trade idea. Currently been in this trade since the 16th of June. I am using our reversal strategy that is still in the early stages of development. Using customised RSI values specific to the instrument is the main feature for identifying trades. Only just started using this strategy for stocks....
TICKER CODE: AWX Company Name: AEM Industry: Singapore Stocks Industrial Services Engineering & Construction Position Proposed: BUY Buy Entry: NOT READY (2.00-2.20) 1st Partial Take Profit: 5.30 Early-Mid 2022) 2nd Partial Take Profit: 7.35(Early 2023) Stop Loss: 1.90 Technical Analysis 1. Falling Wedge/Pennant Pattern (Potentially Forming) 2. Area of...
ICKER CODE: ATOS Company Name: ATOSSA THERAPEUTICS, INC Industry: US Stocks Health Technology Medical Specialties Position Proposed: BUY FOMO BUY ENTRY: NOW READY (4.00-5.20) NEXT BUY ENTRY: (2,65 - 3.35) 1st Partial Take Profit: 140.00 (Mid 2022) 2nd Partial Take Profit: 200.00 (Mid 2024) 3RD Partial Take Profit: 320.00 (2027) 1st PARTIAL SHORT TERM TP:...
TICKER CODE: IVR Company Name: INVESCO MORTGAGE CAPITAL INC Industry: US Stocks Finance Real Estate Investment Trusts Position Proposed: BUY BUY ENTRY: READY (4.00) 2nd BUY ENTRY: 3.5 - 3.65 1st Partial Take Profit: 7.00 (August-September 2021) 2nd Partial Take Profit: 10.00 (October-November 2021) 3RD Partial Take Profit: 15.00 (June-July 2022) Stop Loss:...
we have all seen that video of football player Cristiano Ronaldo moving the coke bottles to one side all over the interne and the press had a field day with it claiming that coca cola stock has plunged since that image was released. we have seen a move to the downside in KO but in my opinion that was more down to the media not the actual act its self, what i see...
TICKER CODE: FLGT Company Name: FULGENT GENETICS, INC Industry: US Stocks Health Services Medical/Nursing Services Position Proposed: BUY (66.50-67.00) BUY ENTRY: READY (66.50-67.00) 1st Partial Take Profit: 81.35 (July 2021) 2nd Partial Take Profit: 118.00 (End July 2021) 3RD Partial Take Profit: 152.00 (August 2021) Stop Loss: 46.00 Technical Analysis 1....
TICKER CODE: C38U Company Name: CAPLAND INTCOM T Industry: FINANCE. REAL ESTATE INVESTMENT TRUSTS Position Proposed: BUY/LONG (NOW READY!!) BUY ENTRY: 2.00-2.10 1st Partial Take Profit: 2.65 (AUG 2021-SEPT 2021) Potential 2nd Take Profit: 3.05 (END of 2021) Stop Loss: 1.85 Technical Analysis 1. FLAGPOLE + Rising Wedge Occurring, 4 touchpoints...
RGLS continues pivoting around that 618 Fib line. Overall, it has held a clear uptrend despite the pullback. Trend line lines up almost perfectly with the latest higher lows put in. RNA companies remain a focus. In this case, it's not covid but kidney diseases. "In mid-May, Regulus Therapeutics announced an incremental update of its autosomal dominant...
KOS At a make or break area of resistance that was formally support a while back. Also coming into the month with stronger volume and a golden cross (bullish technical set up). With strength in energy and in light of the current levels, KOS is something on the list to watch right now. It also put in a new 52-week high on June 21st. "Kosmos Energy has been on our...
Finally back in the gap on GOED with strong volume to start the week. New coverage from ThinkEquity puts a Buy and $12 target on the stock. I think now it comes down to continuation and follow-through. Secular trends will likely start playing a bigger role if or when it breaks back through this gap. "Q2 has been a strong quarter for 1847 Goedeker. Since May,...
I put this RIG chart together earlier this month and it continues to hold true. No major consolidation just a channel trade with higher lows getting put in. With global shipping becoming a bigger point of interest right now RIG could be one to watch (assuming they don't do something stupid like raise money at a drastic discount). "the oil demand this year has...
382 Fib looks like a decent level of resistance on the BBIG chart right now. But with an uptick in volume today and some extra attention on social media, it's going to be interesting to see how things pan out. Between excitement around NFTs and the whole social TikTok competitor aspect, there's enough of a story to follow: "Vinco Ventures is a penny stock that...
GOED hanging out in no man's land. I like the climb it's had so far but big question mark as to whether or not it can break through the upper limit on this gap. Open to some thoughts but found this to be interesting: "During the pandemic, home improvement has increased dramatically with more people having the time to spend on it. This helped 1847 Goedeker...
AAPL shares are starting to get thrown in the mix with Reddit's memestocks trend right now. I don't think it's a bad thing to be honest and longs (including myself) aren't opposed to the positive momentum in the market. The stock itself has held a great trend and now continues consolidating on the daily chart with the 236 fib acting as a support level. Maybe the...