DontSlamTheDoor

DontSlamTheDoor Updated 

NVDA has hit resistance twice at the same area, indicating a double top. The neckline is highlighted in pink, the pattern itself in yellow. There is a big earnings gap from when NVDA took off and became ridiculously expensive. I think it would be considered very risky for anybody to buy now at these prices. The earnings gap is the gray box, also a price...

DontSlamTheDoor

OPEC+ production cuts are in the news today. Also in the news is the message that the cuts haven't convinced people that there will be enough demand. AMEX:USO Oil has a strong support at $58. Is the reaction in NYMEX:CL1! Crude Oil overdone? This isn't a forecast, it's a thread to generate ideas of potential direction and supply/demand. Please let me know...

DontSlamTheDoor Updated 

Paylocity, a payroll provider leveraging cloud technology to provide services generates a decent margin 60 - 70% typically. I generates a little over a billion dollars a year but commands $10 billion market cap. The Price to Earnings ratio has been steadily coming down over the years to 55 - 60. The company is still enjoying over 20% revenue growth, and YOY they...

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ASML is a strong company who is planning to build more facilities in the US, I believe they are building one here in my home state of CT. 2,000 - 4,000 jobs could be added. The weekly chart looks great. Some might see ASML as being richly valued, however it resides in the semi-conductor industry which has been seeing more growth in comparison to other...

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My chart shows volume and price action. These actions are similar to what happened at the last all time high, where there wasn't enough momentum as well as poor macro-economic conditions. To me, it seems technical levels are more important than fundamentals. It seems short term technical levels play out regardless of the fundamental state. Many times these levels...

DontSlamTheDoor

Check out Trimble. It's an industrial company using geospatial data and artificial intelligence to design, manage and build large scale projects. I think the company has a very interesting future, please let me know what you all think! Thanks, Keith

DontSlamTheDoor

This week is the Fed speech on Wednesday. I believe that Monday and Tuesday could see 4000 - 4005 before Wednesday gives a little bounce and maybe close out the week positive. People and machines buy corrections but you should not buy this one. It may generate somewhat of a bullish looking reversal if you monitor this weekly candle for the next few days, but the...

DontSlamTheDoor

Enphase has retraced 50% off of high. $180 is my stop for a long position. I'm looking for $400+ for a price target, that's what I expect by end of year. This could go the other way and test $180 but expect more volatility from ENPH in the near term.

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As the title indicates, here are the tops and bottoms for Micron on the Daily time frame. Micron kind of trades like a commodity, lots of chatter going around about the memory chip market bottoming. Micron earnings don't look great in the near term, however, they have solid fundamentals like cash flow, a dividend, and a big market share. I expect the recent...

DontSlamTheDoor

Here is the auto-elliot wave pattern applied to Micron.

DontSlamTheDoor Updated 

People can say Peleton is sooo much more than an exercise bike. I don't disagree, however, it's core business and most valuable product is it's bike. Sure, subscriptions and add-ons bring in lots of cash, but you won't get any of that subscription money if your target market is as small as this one's is. I say that because you have to be financially in a decent...

DontSlamTheDoor

At the 200 day moving average I believe APAM will be a good short candidate. Although it's financial ratio's appear "ok", they aren't going to be making any more money this year than they did the last, and with all other things remaining the same, expect APAM to move toward the mid-$20's.

DontSlamTheDoor

Google has earnings growth that make it attractive at this point in time. I like $106 for a short term price target.

DontSlamTheDoor

The area that interests me is the supply zone notated by the Orange Rectangle. Aside from an obvious supply zone, CEO Roxanne Austin has purchased nearly $6 million in shares over the New Year holiday. Some speculate that growth is a concern, but that is a concern with all growth stocks; what if they were to stop growing? There's always a risk investing money into...

DontSlamTheDoor

TCOM hitting the descending trendline could create an opportunity to short down to the Volume Point of Control ~ $26.50

DontSlamTheDoor

SMG strong buy ratings and solid financials make SMG a good Long Term Buy. The cannabis industry is helping build it's revenue from critical fertilizers and other materials that are it's core business. I honestly believe SMG is a stock that will double in the year. Mark my words Trading View! SMG will be a big winner! Also, buying SMG while it's under it's major...

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I'm looking for TTD to bounce off $40 support and make a run at $75. Analysts have recently upgraded/initiated coverage. They like the stock because TTD is a cash heavy company. In this economic environment cash is the thing to have!

DontSlamTheDoor

Simple double bottom formation. Notice the peak (middle red line). Double bottom formations require a break north of that peak to confirm the pattern. Ghost feed is just my projection of what "could" happen, not what will happen.