Here we go, CVNA just barely bumped up above it's 200w moving average, then reported today after hours and from what it appears, they've solidified this move above that barrier. I'm looking to get in here with a caution against it closing 3D/Weekly underneath it again in the near future.
Secured a break above and a retest of the 200 Week MA. Ready to run! Already have a position in this- opened a few weeks ago. Let's aim for the 50's, stop loss below the 200w, though it would take some pretty bad news or an abysmal earnings to go back under it.
Dutch Brothers is warranting some attention here, significantly discounted from its IPO price, BROS has continued to open over 100 new stores annually, reaching into new territories and rolling out features that other coffee stands and brands are not utilizing. People seem to really love their brand, the quality and the taste of their drinks, and the service...
Planning around the likelihood of a lower high followed by a lower low. Position will begin to be scaled in once price is in the highlighted box. Invalidated and exited if price extends to the stop level, otherwise left to mature. Wish me luck!
Institutional Investors buying hand over fist. Retail buying the dip. Daily = Wick city. Don't need ANY technical analysis to know moon is imminent. C ya in 12mo.
Looking for a short opportunity in the coming month. Only if it stays in the range and down trend that I'm predicting. -2% stop. +10% TP.
I have some confidence that we are nearing the bottom of the dip for HOOD. Expecting to see some relief here from the selling that has taken place since highs were made immediately after IPO. DYOR. I'm already building a position here, first PT is 20$+
Looking for a small pullback in NIO's dive here to $42-$43 area before a further move down, past the trend, breaking down to the lower trend before finding support. Just an idea, not advice. May just keep sliding with no pullback.
Keeping my eye on SPOT here for a possible breakout post-earnings. Why? Primarily because of the 2020 campaign that Spotify has been on to increase their members by bringing in high-profile podcasters. 2020 Q 3 > In comes Joe Rogan. 10,000,000 YouTube subscribers and has claimed on more than one occasion that his audio-only podcasts generate 4-5x the...
This may take a few weeks to play out. Let me be clear, my bias here is bullish, I think BA is more likely to continue to appreciate from March lows than they are to further depreciate with more news about their 737 planes. On smaller timeframes price is reaching oversold levels and technicals are suggesting that this zone is a good opportunity to buy. If we...
Sure the recent earnings were 'good', but this price is unsustainable in my opinion. If TSLA is really now eligible to be added to the S&P500 Index, would hedge funds and investment firms really buy it at ATH? Me thinks no. Fire sale it and trap the longs for a few weeks before loading up and getting a good entry for the next run. What would you do if you...
Casper Mattress Company has just recently IPO'd and has had a less than ideal kickoff to their share price performance. However, Casper is filling a niche spot in the market being that they can ship their product directly to your door in a package that is easy to transport around the house until you wish to unravel it in a bedroom. I think we can all share some...
Just a trading idea, not trading advice. Quit the shock of a move over a little bit of virus fear that will almost certainly soon blow over. Not even 100,000 recorded patients infected to date, with a world population of over 7,700,000,000. Some predict further, some predict recession, some predict the end of the world. At least in the short term, I predict a...
Although I believe that Boeing is one of the stronger performing companies historically in the grand scheme of things, and though I also believe that they will be releasing some cutting edge technology in the next decade, I'm skeptical of the current value due to so much of the 737 drama over the last year. Boeing has been selling less and less planes and what...