$TSLA: Shorts get Sunk: Bullish Long: $1480 Entry Prior to CallTesla right now has some interesting core pivot points even looking at the recent bull run wedge. Elon Musk seems to be extra confident prior to the earnings call and even if it has a small loss per share, it would still likely continue in its overall bullishness. Do we expect him to meet production quotas? So far, the guy haven't been doing a bad job. Looking at the autofib retracement, you see some key point indications as well as the dynamic points showing a past neutral level for some continued support. Even w/ a short squeeze, you can expect lots of resistance to be broken down. That being said, invest at your own risk. As always, everything I say is on an opinion based basis. Do your own due diligence.
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Waiting for the Swings: WKHS and SHLLRight now, two stocks that I am keeping a close watch on include WKHS and SHLL. I think that WKHS and SHLL should both have a positive swing pattern very soon, and overall I'm bullish. I think resistance and the short sellers are about to pop. That being said, proceed in your own risk. As always, everything I say is on an opinion based basis. Please do your own due diligence.
ADOM: Easy Consolidation Buildup: Wait for it :)Right now, I think Adom is ready for an even bigger upcoming breakout wedge given the buildup in breaking the resistance curve for many of the bears. I would say it is a definite hold as of now, and that you may see some surprising activity quite soon. That being said, everything I say is on an opinion based basis. Proceed with your own risk and do your own due diligence. Keeping a close watch.
I Expect $SPCB to retrace past June 24 PivotRight now, looking at the charting patterns and the current pivot correlations for SPCB, I think it should retrace past the June 24th pivot and the resistance curve may be broken soon. My sentiment is positive, and I am overall bullish long thinking this might be a good entry for some of you. That being said, everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence. Please don't take this as serious advice warranting actionable financial events.
$MARK Pivot Points Show it: Is it starting to retrace?Right now, looking at the patterns for Remark Holdings, I think it is finally starting to retrace towards another positive wedge. The pivot points indicate the upcoming pattern for a higher pivot and the next wedge, and I feel like a huge gap fill in the charts need to be done. As always, everything I say is on an opinion based basis and invest at your own risk.
NZD/USD: This is a Hold: Bullishness to Continue!I been talking about NZDUSD previously, and I still think the support levels continue to be rising. Yes, small dips along the way that you can selloff and rebuy, but overall this is a decent hold as it stands. Right now, I think w/ continued support levels, the sentiment is also strong. As always, this is on an opinion based basis. Pursue at your own risk and do your own due diligence.
BBI is Underrated: Waiting for the BurstLooking at BBI still, I think it is ready to burst. The resistance has been quite much recently, and I think as soon as the resistance curve is broken, it is ready for its next wedge breakout pattern. Right now, I feel like people could only be bearish for far too long and positive sentiment is likely on its way. That being said, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
Ford may be a Long HoldI have been bullish on Ford for weeks now and keep saying it is underrated. This is because of obvious technical reasons when looking at the fair market value of Ford vs. the market cap. Now you have the Broncos release, e-mustang, and many other things that should basically push Ford to new highs for the year in stock price. That being said, everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence.
Two Long Entries for CHF Pairs: CAD and SGDCurrently, watching these two pair correlations on Forex, I think both of them are due for a similar type of positive wedge correlation given there entry price. I am long looking at the patterns right now. Right now I think the setup is quite intriguing. That being said, everything I say is on an opinion based basis. Invest at your own risk. Please proceed with caution and do your own due diligence.
Who was here looking at that 80 cent BBI DipBBI is still a long in my opinion. For those of you who don't know, I think the current entry price is still pretty good. Post market recovery, this might start rallying again. Resistance and panic selling already been quite high and the negative positive retracement wedge is likely only to be better given trader's psychology. As always, this is on an opinion based basis. Invest at your own risk and do your own due diligence.
Today is a Great Day to Hold + Buy DipsRight now people are unnecessarily panic selling stuff they likely don't need to panic sale. As Buffet says, the stock market is a tool for transferring money from the impatient to the patient. Today is a great day to buy dips, diversify and strategically invest so when the market rallies you can thank yourself later rather than unnecessarily panic selling stuff in ways where you can lose thousands upon thousands of dollars. That being said, everything I say is on the basis of opinion. Invest at your own risk and do your own due diligence.
Short/Bearish on BILZ: Brand Equity not thereIf you asked me what makes a stock underwhelming on the TSX, many things come to mind. BILZ has a price currently lower than its entry price, and given it is listed on TSX, NEO, and OTC markets, one would expect it to garnish at least some traction. However, BILZ's advertising has come under fire lately. It features mostly skinly clad women, and a guy who seems to be more about his look at me lifestyle rather than growing a multinational corporation. There is a thing such as negative brand equity value that can cause resistance to a stock and I feel like this is an example of one of them. Outside of that, they have an e-commerce store listed as a stock. This isn't that exciting of a business, and nothing is unique about it where it can have perceived value in an investor's eyes. Literally if people got the required THC and legal licenses, and launched a similar brand, they could on their own. That being said, I am also not really a fan of this market, but I'm still looking at it from a non-bias perspective. As always, everything I say is on an opinion based basis. Do your own due diligence and make investments at your own risk.
Entered Long: Retesting Positive: AUDCHFRight now I think that AUDCHF should be a good entry. Infact, it already been going up when writing this post. Unironically speaking however, the bollinger bands previous curve correlation looks like it is about to go up for popped resistance. Fractals and fibonacci levels also seem to be on the support side. As always, pursue at your own risk. This is on an opinion based basis. Do your own due diligence and proceed with caution.
NZDUSD: New Entry Potential (BB% Analysis)+smaRight now, NZDUSD looks like it can have a positive bounce back from the negative draw down of the current bollinger bands indicator. It also seems like it may start garnishing much higher support especially looking at the SMA. The fractals are also there although volume is pretty low. Resistance may be broken soon and it might not be beaten up longer. As always, this is on an opinion based basis. Do your own due diligence and proceed with caution at your own risk.
Waiting for the Next Wege Retracement: GBPUSDCurrently, on this Forex pair, I am a bit down on entry. Right now looking at BB %B (Bollinger Bands Percentages) in the indicator and the cycling pattern on GBPUSD w/ short sellers and growth correlations, I think it should bounce back for the next positive wedge correlation. That being said, invest at your own risk. As always, do your own due diligence. What I say shouldn't be taken as face value as actionable financial advice.
4 Penny Stocks I'm Bullish On: MARK, BBI, ADOM, and SLRXThese are currently 4 penny stocks that I'm bullish on for a potential reentry: $MARK been beaten up alot, and I think the resistance might pop soon for a gap fill. BBI has been mostly bearish and should retrace soon for the next positive wedge. ADOM is a long hold. SLRX is one of those stocks that may be due for even another breakout. As always, please pursue at your own risk. Everything I say is on an opinion based basis. Do your own due diligence.
AC: $21+ CAD Target -> Long Entry Position (Rebounce Eminent)Right now looking at Air Canada, I still think the price is a dip. It will continue support levels soon and at a higher support level, a triggered rebounce for the next positive wedge is likely to happen. I feel like the chart and the fundamentals speak for themselves. That being said, pursue at your own risk. As always, this is on an opinion based basis.
TSLA Beat $1750 Today: Next Long Target is $2100Right now Elon Musk seems to be on a roll with Tesla and the bullish bull run continues. Support levels just seem to be at an all time high. The next price point that I'm hoping for is a target of $2100, likely by the end of November but at this rate it can be at the end of October or September. Nothing surprises me anymore. That being said, this is on an opinion based basis. Pursue at your own risk and do your own due diligence. (As always)
My Current Forex Watchlist: GBPUSD, AUDCAD, NZDUSD, and USDCHFRight now for a quick turn around in profit, I am currently watching these four pairs. GBPUSD looks generally bullish as does AUDCAD and it still has some support for the pattern going on. NZDUSD looks like it has expected positive growth correlations while USDCHF is expected to hopefully retest and recover from the recent bearishness. Please keep in mind this is on opinion based basis based on how I see the charting patterns. Please pursue at your own risk and do your own due diligence.
EURJPY: Keeping a Close Watch Right NowRight now, I am currently keeping a close watch on EURJPY to look for some quick profits. I think the current bullish levels are safe in comparison to the resistance, but this can all change in a matter of hours. Definitely one of the pairs to keep an eye out for right now. As always, take everything I say on an opinion based basis and pursue at your own risk. Do your own due diligence.
Keeping a Close Watch on NZDUSDIn my opinion, NZDUSD as a Forex pair is currently underrated. While it has some slight positive, there is higher bullish potential and a positive continuation wedge needing to be filled. I also think the bullishness will beat current resistance levels. Overall, I am a long. Please keep in mind everything I say is on an opinion based basis. Pursue at your own risk and perform your own due diligence.
Two Pairs I'm Currently Bullish In: USDCHF and AUDCADTwo forex pairs I am currently watching for a long entry are USDCHF and AUDCAD. I think AUDCAD may seem like it is about to bottom out, but has still some ways to go for a continuation of its wedge, while USDCHF has more positive bounce back potential. Currently, both pairs are a close watch. As always, this is on an opinion based basis. Pursue at your own risk.
Bullish Entry for PLAY, Next Zig Zag Positive Wedge: $17.50 LongRight now, I think it is low to mid risk to have an entry on PLAY for a $17.50 long target. I think the upcoming wedge in the Zig Zag pattern is likely going to be positive, and it is one of the stocks you can buy and have a close watch on. It already passed the high risk period for bearishness, and the market cap is quite low. As always, this is on an opinion based basis and pursue at your own risk.