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GNUS the hated child of penny stocksNow I wanted to post my TA of a near $1 GNUS was possible, but I didn't cause I don't care nor have a position. I'm just watching it as I eat popcorn News -GNUS is bring alot of talented people on its team, yet again this is a growing company trying to establish a foundation. Theres one problem with this tho, its they had years to establish this foundation, so it makes it hard for insituions to jump on to a vision that hasn't pulled through in the past. -Establish its toys in Walmart and Amazon: good but there is just no establish brand awarness and its a hard competiton going against establish brands, such as star wars and exc. Their toys are mixed in with a bunch others, yet hasn't achieved its brand's potential. TA -Well its just keeps on dumping which many reasons can explain this, yet is still in the air. 1: They havn't made much money or if any in the past, so they would dump their shares from a .30cent sideways movement to a peak of 11.8 (I would). 2: It was over hype and the GNUS bubble popped. From the peak it ranges from a 90% correction to about an 86% correction. A bubble is a 70% correction and we are past that. 3: Penny Stock investors are selling and jumping into the next hype train from xspa to gevo. -Again theres many reasons why this stock keeps on dropping, so what are the supports that we can expect? This could be next at 1.02 (6% downward move), .60 (44% move downward move), or for now .34 (a full entrancement and a 68% downward move). -Since we aren't at 1.02, I left 1.37 light blue (a 26.7% move upward). Now its very hard to tell where it will bounce and if it can hold any price at all. Final Thoughts I'm just watching this as it drops and laughing at Andy's comment comparing his company to Netflix. Theres many problems with his streaming service and one being his offbrand cartoons and rip offs of others. One is a minecraft show, yet is a direct rip off of stampy from youtube. The video style and ep match almost 1 to 1 with the hype of his channel. This is a solid pass and if any advice I can give is remove your streaming service and redo all the cartoons and make them ORGINAL and up the art and visual effects. We live in 2020 and kids can tell with the poor voice acting. An idea is a Caillou spin off of an Orginal story and characters and not follow a 1 to 1 replica.
GShort
by nathanielx9
Robinhood Traders Will pbly Hate Me for This.. Or Thank Me LaterWe all make mistakes, and we can either think it's unfair or we just grow up a better person... In this case apply it to investing.. Wouldn't you like to learn something ? I'm pretty rude in this one on purpose. But anyway my point here is that you need to understand that in a bubble... the last one standings are the one to pay the hard price or reality. Just make sure you're not among them... What happened within the bubble is not the point. I really hope you made money and that you'll be smart enough to don't try getting more at the risk of losing it all..
NASDAQ:AAPL
by PRO_Indicators
15
i post way too many h&s... but looks pretty clean using rangesObserving price action in ranges seems to reduce asymmetry in this monster snapback we have experienced. Maybe a compelling argument for the next leg up. The outer KC converging onto pre-crash ATHs could help accelerate the melt-up; however, I would be looking to moderately sell into further strength, especially with an election coming up we will likely be coming back into the KC zones soon. That being said, it is impossible how long to tell the record-breaking buying, and rapid asset price appreciation will persist, and it seems like 4000-4500 will be in play before we see anything close to 3000.
SP:SPXLong
by I_I_I_I_I_I_I_I_I_I_I_I_I_I_I
Looking through the Fed Liquidity Lens, Also Inflation is comingPlaying with numbers, trying to view equity valuations through the lens of the modern Fed era. Realtive to M2 it looks like we're in a Bear-Market-Rally even though indexes are at ATH. It looks like we now live in a bizarro-world where equity prices in a Bear-Market go up while the money supply vastly outpaces productivity. The Fed is now saying that they aren't going to try to manage near-term inflation and will instead target a longer-term "average" inflation value of 2%, allowing for higher rates in the near future to begin making up for the long period lower rates we've seen the past few decades. This sounds to me like the Fed realizes that, thanks to their unlimited liquidity, inflation is coming and also that they realize they no longer have the ability to do anything about it; they're stating this change in strategy now as a preemptive excuse, hoping that it will keep markets from freaking out when the inevitable happens. Anyone else have thoughts on this?
SP:SPX
by RobBiddle
3
This will end, probably badly. How high does it go?Tech is clearly a bigger part of the real economy (GDP) today compared to 20 years ago, but even with that in mind this market is in the Stratosphere. Will everyone keep buying no matter the price because TINA (There is no alternative) due to artificially low interest rates. Do recessionary conditions in the broad economy no longer matter? Do business fundamentals no longer matter? Will continued stimulus and bailouts render high unemployment moot? Universal Basic Income for the poor and a never-ending equity boom for the rich? The Everything bubble is in full force with equities, commodities, crypto, junk debt, real estate and nearly everything else you can buy/sell going up in value. Cash is trash and punishing holders. Everyone is a trader and turning a quick profit almost no matter what they buy. Bad news is fine as long as it's better than yesterdays' headline. Silver linings on dark clouds seem to be all that is needed to justify a moonshot. The top is usually way higher than most think, but it's up there somewhere and the air is pretty thin. If prices are to come back down to something closer to historic norms what will be the trigger to start the inevitable avalanche? The thought that it has to be something worse than what we've already experienced this year is sobering.
NASDAQ:IXIC
by RobBiddle
Apple - Dire WARNING - DANGER ZONEThis post addresses basic cycle theory. Parabolic curves and parabolic trends. Yesterday the world laughed at Bitcoin and said that it was a BUBBLE and a PONZI scheme. Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin) to understand how this is going to play out. In this chart I simply analyse a very clean cut, tidy looking and VERY obvious parabolic trend. I cannot tell you when this is going to happen, or how far up this is going to run because that would be attempting to "time the market", as everyone knows this is a fools errand. But what i can allude to is that which is VERY likely going to be the outcome. Anyone looking to play leveraged trade positions up here.......... is akin to a game of Russian-roulette with 5 chambers loaded. Please scroll down for accompanying information and examples. Please feel free to share your own examples of similar Parabolic trends and their outcomes. The community would love to collate this kind of information in one place. Happy trading, stay safe. Don't be over exposed.
NASDAQ:AAPLShort
by AlphaWolf-Prime
17
Epitome of a BubbleThis chart is unbelievable. This isn't a penny stock, this is Apple. This is Apple during the worst economic crisis of our lives which is in some ways worse than the Great Depression. What are investors buying at these highs thinking? Are they thinking unemployed people buy expensive phones? Are they thinking the collapse of so many businesses means it's a great time to buy into the market? Or that when equities are even more overvalued than at the peak of the tech boom/crash of 2000, it's the best time to buy into tech? The answer is simple: nobody is thinking. This is a very odd time when people have started to herd... to act like lemmings running toward the cliff. They've lost the ability to think as individuals and just follow whatever the person next to them is doing, no matter how absurd. On the news, in the streets, and in the markets we see mob-mentality run amok. When the pain comes, and it will come, we will look back and wonder what the hell everyone was thinking. Let me assure you, nobody is thinking. People don't think when they are in a mob. Don't bother now, but after this has all imploded, google: blow-off-top, the dotcom bubble, the Dutch Tulip Bubble, or the South Sea Bubble. You'll recognize what you find, and you'll learn something.
NASDAQ:AAPL
by MystryBox
3
NIFTY weekly view July 27 -31Update to structure and certain assumptions that proved wrong I was thinking that the 10700-10920 area won't be crossed easily. But it was crossed with 2 gaps. And in two days NIFTY is near the 11200 area. For the last few weeks, I have been putting a structure of rising wedge that does not look valid. There are too many divergences and it is not a clean technical pattern as I like. Hence I am removing that structure and just trying to understand NIFTY with the typical ‘Buy the dip’ structure. I was also wrong about regime change that I talked about a week before. Market is still in uptrend and showing some different signs, which I’ll explain later in the post. ================================================================================================================================================================== Some observations about NIFTY In the current up move, NIFTY has moved 7500 to 11200, that is 3700 point rise. That is close to 50% in just 4 months. NIFTY has been rising 6 consecutive weeks. Reactions to results have been largely over enthusiastic. Example stock like Infosys increased 40%. There has been a stock which has been darling of the investor ~ Reliance Industries showing gain of 13% in a week. NIFTY price to earnings ratio is 29.35. This is really a roaring bull market in the shortest time. ================================================================================================================================================================== Some behavioural observations Retail participation increased. There are many ‘Guru’s selling their great services and their clients making money for the last 4 months. Brokers showing a surge in new account activity and new money is flowing into trading. At the same time mutual funds are having a tough time with inflows. Many retail participants, who are usually on the long side of the market, are being successful following simple 'buy' strategy ================================================================================================================================================================== What is next? All these indications are pointing towards a situation of some kind of bubble. Like all bubbles, I do not have idea when this is going to end. This is going to end because this is the kind of situation where no seller is interested in selling. Market always functions on the fight of buyers and sellers and the balance of power between them It is not possible to catch the exact top. It is also not possible to understand when the market is close to the top. ================================================================================================================================================================== What retail traders and investors can do? As an investor, definitely do not invest in such situations. It is better to stay away from fresh investments. Also for rule based investors, this is the time to definitely change allocation from equity to other asset classes. It is difficult to short the market at the correct time, and especially in these kinds of bubbles. Because the shape and structure of the top is not really well formed or with a known pattern. ================================================================================================================================================================== My view for next week I feel there are few very important levels, yet to be crossed. One such level I am watching is 11269, 11370 and then 11600. There are chances that NIFTY may show picture perfect reversal at these levels. So it is better to attempt limited risk shorts at these levels. For reliance, 2250-2350 is the zone where technical reversal is possible. The chart shows the possibility of breakout which can go to 11270 and 11370 levels. ================================================================================================================================================================== My trade plan for next week Intraday avoid getting short Avoid short positions which are not at significant levels or naked option sell positions. Avoid futures Buy Puts at important levels and be prepared to lose money with it. To balance the put position, have an intraday long position either through buying calls or selling lower strike puts. That's all for the week!
NSE:NIFTY
by Observe_Think_Act_Think
4
TESLA earningsWe know covid is taking hit on companies, yet TESLA is a beast like no other. I'm not bearish nor have any position on this and would just like to give a heads up on levels to watch for on a pull back with earnings. Looking at the order book the past few days I've notice that the only buys and sells were from small investors and the 100 share buys are nowhere this week. News -Tesla is expanding heavily in ASIA and looking to open a factory in Texas, which is rumor after the recent California news on lockdowns of Tesla's factory. -There is a growing demand and they are the only ones that are exceeding in the green energy automotive sector. TA Not gonna give you a bull case because I have no clue, yet a famous investing group ARK said bear case is 1.5k to 7k and someone also said their max was 25k. I'm just gonna let you know supports and if TESLA is a bubble where to expect to buy. -Supports where TESLA went sideways before its run ups were at 1354.74, 989.16, and 824.83 -If you believe in TESLA its best to take some profits without selling all your position -If this was a bubble a 70% correction takes TESLA all the way too 529.89. -MACD is showing bearish action -RSI is a little overbought, but could move higher -volume is dropping, yet can be seen in the live trade orders Bubble Signs of a bubble can be seen since its last earnings that grew attention that took from its $200 price to $900. First is early birds before the first $900. Than the first sell off Than just sideways than it grows momentum Than talks start going around Media jumping on board Institution FOMO and Boom Not saying its gonna pop anytime soon since TESLA is focus on expanding and could grow more long term, yet short term be wary of what could happen. I believe in TESLA spaceX program with going to mars and I'm not too worried about missing out since you can make money anywhere, yet with Ark giving a price target of another 7x and even 25x you might want to take some profits before eod. Again good luck to all the holders and long TESLA longterm but wary short term.
NASDAQ:TSLA
by nathanielx9
7
NKLA a buy or a Wait?NKLA has entered close to a buble correction with it hitting 60% correction with $28 being a 70% correction from the high. I personally bought a portion from my portfolio for a speculative play with NKLA world coming up and earnings coming very soon. News -Trevor is more active on social media defending NKLA, yet isn't as comical as Elon -NKLA with Trevor has been posting more on NKLA's semi, yet we still haven't seen sneek peeks of the Badger just yet -Preorders of the badger came out, yet no numbers have been publish, to me I'm waiting for earnings to see if they discuss them and orders on the semis -on July 1st the PIPE and aquastion were able to sell and we saw the a massive sell off. Take this with a grain a salt since alot of bulls say there's no proof they sold, yet we havn't seen them buy/hold either. Only thing we have seen is volume picking up after that day that is comparable to the first run up to its ath. -To recap current NKLA news I do recommend watching "Financial Education" since he has pretty good summary of current news that is unbiased and raises questions that common investors like you and me have. TA -Volume is still massive since NKLA last earning report and at current price if the uptrend continues a price target of $106.35 is something to watch out for if it produces the same % return. -Major resistance between the old trading zones of 59.90-69.94, which you can speculate at current levels did with caplation after the PIPE and Warrants were available to be sold on the market. -RSI is beyond oversold on the Hourly and the daily its oversold sold by 14. -MACD is playing around atm showing uncertainty what the investors want. With past experience it could mean more downside unless there's positive news that comes out. -EMA are bearish with the gap widening with a possibility of a quick trade for a short squeeze. -Levels I'm looking at is the 70% correction zone 27.88-37.29 to find a new support base and have the volatility slow down. -Current VPVR levels show we are under high volume interest which reflects the oversold RSI showing a move to the upside is very possible in the short term Final thoughts I think in the short term we could see upside, yet don't be surprise seeing a sub 30 NKLA. I'm buying for speculation on earnings report and NKLA world in december and think its a great time to get in a small postion until you see confirmation and positive news before going all in on the speculative play.
NASDAQ:NKLALong
by nathanielx9
6
TESLA - bulls vs bears before the reportAny support (likes and comments) will be very appreciated TECHNICAL ANALYSIS : It looks like the stock has run into 2 different technical "factors" at the same time - one of them bullish and the other one bearish . When it comes to me I see an uncertainty on the market right now (especially the Tesla stock), so I expect a consolidation before the earnings report. The picture shows us it could go up and down at the same time, so we will probably have a consolidation (flat) until the report. FUNDAMENTAL ANALISYS : When it comes to the earnings report, even a single cent of profit may be considered to be a bullish signal. The top thing to watch tomorrow is the fact that Tesla will have a chance to be include in the S&P index (after the 4th quarter is profitable), so the company becomes very attractive in the long term (short term as well imo) If there is no earnings and the company makes no profit , the "bubble" will 100 percent explode . The price will be falling down without seeing a bottom for a few days. Good luck and be careful with the stock.
NASDAQ:TSLA
by Grevious
2
Market Crash to $0 - End Game (Elliot Wave Analysis)Elliott wave analysis shows we are currently completing the end of Wave B of the final market correction. Wave C could be heading down to zero very soon and very fast. The falsely inflated economic bubble is about to burst. The virus was simply an excuse to start the inevitable. Time to stop being greedy and just get out of this fake garbage. Remember why we are here. This is all prophesied. Soon every company will be bankrupt and everybody will be out of the job. Peace.
SP:SPXShort
by mikemillion
60