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I'm Short on Wayfair, here is whyThere are logical reasons on why Wayfair might meet some resistance quite soon. Looking at the previous bearish run and the current curve, it looks like the fractals are already setup towards its peak for the current wedge. Right now, slight resistance can trigger the bullish pattern quite easily to retest and retrace back downwards. I feel it is too risky of a buy. That being said, everything I say is as an opinion based basis. Sale, hold or buy at your own risk. Pursue your own due diligence as this is not meant to be taken as actionable financial advice.
NYSE:WShort
by gamer456148
ABIO: Currently looking for a Long EntryFirst off, please don't take anything I say as financial advice and as always everything is on an opinion based basis. Pursue your own due diligence. That being said, ABIO seems to have a decent setup for potentially another bull run quite soon. The resistance curve is about to pop and it looks like this is a close watch as with other stocks I been watching. In my opinion the risk isn't too high given the mostly neutral pattern after the bearish action that happened kicking off June. At that point, the risk got mostly reduced and this price for an entry isn't too bad. It still though is risky.
ALong
by gamer456148
Look at the Percents: Tesla is Going to be $5k by 2022First off, please don't take anything I say as financial advice or seriously. As always, this is on an opinion based basis. That being said, looking at the sentiment for Tesla, this is literally just the beginning. Elon Musk has a series of launch goals and production quotas still ahead in the Tesla roadmap, and outside of the EV bubble, this stock is still setup to be making some serious cash. With everything going on, Tesla is much more than some electric car company. It is becoming an industrial conglomerate, research firm and alternative energy supplier. They also have ever growing brand equity value.
NASDAQ:TSLALong
by gamer456148
1
$WKHS is ready for a boost outside the bears & retail investorsLots of people have been overly bearish outside of the pattern it should be in, and aren't anticipating the USPS closed deal and upcoming announcements w/ WKHS. People see it going down, and they start automatically panic selling and expecting PRs every few hours. This has been happening w/ alot of stocks lately. It is an amateur's game in the market, especially with the huge EV bubble going on right now. People who thought this was amazing change it to neutral , and you have alot of Robinhood accounts getting this stock. Honestly, I don't like it when analyst change their minds like flipping a coin. It happens too frequently. Also, with the rise of Robinhood accounts you likely also see a rise of unprofessional investors who invest based on feeling. Right now, you have a lot of negative sentiment. Everything going on is okay, and I feel like those who lose patience may be in for an awakening. That being said, invest at your own risk. Perform your own due diligence, and as always, this is on an opinion based basis. Nothing I say is meant to be taken as serious actionable financial advice.
NASDAQ:WKHSLong
by gamer456148
9
ML: $2.10 CAD Target by End of OctoberFor those of you who are interested in the lithium surge and want to see a stock that I am quite interested in, I am looking at ML at the Toronto Stock Exchange as having potential for nice and sturdy growth. Right now, I think the bullish run should continue and if I were you, I would likely see how this may end up playing out as a long hold. Ofcourse, you can also mitigate risks by shortening and rebuying, but overall between now and the next upcoming quarter, I expect positive growth correlations. As always, proceed with caution. Invest at your own risk. Everything I say is on an opinion basis as always.
MLong
by gamer456148
5 Hot Penny Stocks Right Now5 penny stocks that I think are currently hot right now for a long hold are $ADOM, $SPCB, $MBIO, $MARK, and $ML. $ADOM I think will hit $1 quite soon given what has happened from the retracement of short sellers. $SPCB and $MARK got beaten up alot, should see the resistance break quite soon. $MBIO should retrace. $ML should surge given the EV surge. Right now, I'm mostly watching from the sidelines. As always, this is on an opinion based basis. Please proceed with caution or invest at your own risk.
ALong
by gamer456148
1
Dash: $85 Target within OctoberDash is one of those cryptocurrencies that I am keeping a close watch on. Overall, the pattern has been pretty neutral and not too exciting, but it looks like it is ready to break. The bollinger bands and the autofib retracement seem to be predicting a higher percentage of growth than the current growth we are seeing now. Also support levels seem to be increasing and as crypto advocates are becoming more bullish, I think the resistance curve is about to be popped, it should be retested quite soon, and we might even see it hit $85 within October depending on how healthy the overall market is. Proceed with caution at your own risk. As always, this is on an opinion based basis.
KRAKEN:DASHUSDLong
by gamer456148
ROKU's Next Level Target: $175 by End of AugustLots of indicators are going crazy with this one, and I seen the past wedges. Many people are also extra bullish given Netflix sentiment. I think realistically, Roku is expected to be on the positive trend level and that $175 by the end of August is a really sustainable and conservative goal. It may be quite high in the green today, but I think the party is just getting started for Roku. That being said, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis.
NASDAQ:ROKULong
by gamer456148
2
MAR right now is likely a dipFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. For those who sold off last high like the rest of the pros, congrats! Now it looks like Marriot is at the stock price of a dip, and lowest it can likely go may be $85, but I think it has been beat up quite a bit. I can expect this to likely be in a positive retracement pattern quite soon as it has not been historically that underwhelming. As always, this is on an opinion based basis and not meant to be taken seriously as actionable financial advice. Proceed with caution at your own risk.
NASDAQ:MARLong
by gamer456148
SPCE: Level 2 Target is $20+Virgin Galactic is one of those interesting stocks to watch for a potential long hold. It retraced back towards the wedge target I have had in late April where many people shortened it before the dip. This means that since I was correct the first time, it is likely going to be close to a level 2 target where the next big positive wedge should start at the $20+ mark. Anyways, keep a close watch on this. As always, everything I say is on an opinion based basis and not meant to be taken seriously as actionable financial advice.
NYSE:SPCELong
by gamer456148
Take the Profits w/ ALT and ShortFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. The bull run went too high in my opinion and the current wedge looks like it can receive some steep resistance. I think right now it is at a good level where it is a better idea to not try getting too greedy because just as it went up really high, it can also come crashing down steeply as well. Anyways, proceed with caution. If you like this, it is probably less risky to sell and than rebuy at the dip rather than hold long at this current level.
NASDAQ:ALTShort
by gamer456148
NVAX: Key Points to Look AtEarlier today, I put a target of at most $115 and later was convinced to do a sell off at $108. Many people thought this would go straight to $150+, but it looks like the positive wedge have peaked. Right now, I currently think the dip will likely be at the $90 price point, but an important factor to consider is closely monitoring movement at the $95 mark. The advanced decline ratio seems to be peaking, and the FIB retracement also showed that it was towards its high point in the morning for the current correlation trend. As always, invest in your own risk and proceed with caution. This is on an opinion based basis.
NASDAQ:NVAXShort
by gamer456148
1
Recently I was Right on ADA and SCI recently believed that Siacoin and Cardano were underrated. I stated some reasons for such, and they surged shortly afterwords. They are still currently quite underrated. Right now, I been doing lots of analysis for certain entry points, and I think Crypto has alot of variables to consider especially in consideration to BTC as somewhat of a factor to it just like how the DJI or SPY is a factor to the stock market. Anyways, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. Invest at your own risk.
BITTREX:ADAUSDLong
by gamer456148
2
SHLL Could Retrace towards $35First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I expect SHLL to have the resistance curve broken quite soon and when it does, a retracement should happen. I believe the next wedge correlation pattern is towards the $35 price point. Manipulation can be heavy w/ bear raiders or small/micro cap funds, this is especially given its market cap is only $672M. That being said, I am cautiously bullish.
SLong
by gamer456148
1
$WKHS Should Retrace, Previous Downward Prediction$WKHS at a $20.15 price point, I said should drop to $17 and retrace to $30 . Right now it is $16.84, and the prediction I made was at $20.15. It dropped slightly more than expected, given many bearish riders, but I think most of that prediction should hold true. I predict the next target for a retracement could still be a breakout towards the $28, possibly $30 price point. That being said, invest at your own discretion. As always, please don't take any of what I say seriously or as financial advice. This is on an opinion based basis.
NASDAQ:WKHSLong
by gamer456148
5
$NKLA Should Drop Down to at Least $32I was right to switch off from being bullish on Nikola to bearish right at the extremely profitable point. Now if you looked at some posts I made about Nikola on July 1st , you can see how I was very skeptical. I was already noticeably bearish prior, but after doubling down on my point, Nikola have immediately dropped down by -24.46% as of now. Many people were expecting it was on a route to positive retracement and some amateurish traders called me out for being very bearish. This serves as a lesson to not be overly speculative and value companies way more than they should be without brand equity. As always, this is on an opinion based basis, please don't take anything I say seriously or as financial advice. Pursue investments at your own risk.
NASDAQ:NKLAShort
by gamer456148
How Elon Musk Outsmarted Short SellersElon Musk as you could have recalled tweeted a while ago that "Tesla's price is too high imo", this caused a reaction in which short sellers broke off the resistance curve of Tesla early, allowing Tesla to smoothly go up past $1250 afterwards as a positive retracement reaction with barely any resistance. Many of us thought in May he was losing his mind , and personally I was still bullish. This TradingView user said it helped trigger the NASDAQ uptick rule, and others have also been dumbfounded on maybe this being strategic. That being said, since the market reacted to a natural mathematical pattern as a result of him saying his stock is "overpriced", technically Elon Musk can't be accused of any market manipulation. He played the SEC, short sellers, and the overly bearish investors like cats w/ a laser pointer. Maybe this was his plan all along. Elon Musk: 1, Short Sellers: 0.
NASDAQ:TSLALong
by gamer456148
TESLA: Earnings Expectancy is Postive + Covid19 Vaccine?Tesla (as I stated prior), seems to be a gift that keeps on giving. Elon Musk is meeting production quotas for Tesla, and now Tesla is even working on being manufacturing partners for Covid19 Vaccine drug makers. This may potentially be a first step into upgrading Tesla into either a large holding company or industrial conglomerate. Either way, it is definitely good news and reasons to be quite bullish on the future of the automaker (who now has alot of brand equity value as well). I am upgrading my level 2 target to be $1.5k by September. As always, this is on an opinion based basis and not meant to be taken as actionable financial advice. Pursue at your own risk.
NASDAQ:TSLALong
by gamer456148
$FMCI, $30 Target Post-MergerTwo traders brought my attention to FMCI. They are SuggMyStock and adamans . I been analyzing it alot on Stocktwits, looking at the sentiment analysis as well as the recent "ladder spikes". I also been trying to focus on recent correlations and the sentiment leading to the past breakout. Realistically, I think that $FMCI can hit a $30 target post-merger. I think this can be within a two to three week timeline. As always, this is on an opinion based basis and not meant to be taken as actionable financial advice. Pursue at your own risk.
FLong
by gamer456148
TESLA: Elon Musk's Gift that Keeps on GivingTesla is one of those stocks I been bullish for a while. Looking at the past patterns, who wouldn't be? The next level 2 wedge target from its current price has now been upgraded to what I see likely an inevitable $1250 price target by September. Tesla have surpassed my expectations in the past, and I expect it to do so again. While I'm not a huge Elon Musk fan, you have to give the guy credit for being able to meet production quotas and targets for Tesla. Please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I'm still long on Tesla at this point.
NASDAQ:TSLA
by gamer456148
2
Bitcoin's Pattern is Neutral around $9.5kBitcoin have been one of the cryptos that seems to have a war between short sellers and hodlers. Right now, I am seeing the pattern being quite neutral for the past few month (even with decent ups or downs) at around the $9.5k price point. The patterns have been underwhelming for the trading session of 2020 so far. Still, I feel like it can be one of those long holds given market adaptation. That being said, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I may or may not have a conflict of interest. I'm still bullish for what is going on overall.
BLong
by gamer456148