Currently it looks like Nanox on Friday have started to dramatically shift up, especially after hours with lots of the logarithmic curve that was downward already starting to curve. It still has lots of resistance given the rise of short sellers and puts, but that resistance seems to be fading. According to Algowins, when looking at short activity, the worst day...
Right now with Jumia, I think a reentry today may actually be quite decent. Market is likely going to be extensively red today following obvious worldly news events. If you are looking to buy a potential reversal stock at a red day, JMIA may be in the radar. I feel it is also quite underrated given the potential it may have. That said, do your own due diligence...
Today is a great "opportunity day" to average down, swing trade on volatility, or do buy and hold consolidations/dip buying strategies. Extremely unfortunate news, is that the US president and first lady have been diagnosed with Covid19 . Given futures, and market option, today looks to have lots of red or at least some bearish correlations. Pre-market especially...
Nanox has had quite alot of resistance after the short sellers' reports. However, the resistance seems to be slowly fading away. Right now, there is still alot of resistance and short pattern volume. The logarithmic curve for a bearish pattern seems to be curving, and it looks like it is slowly garnishing momentum and picking back up support levels. If Nanox is...
ACB seems to be extremely oversold, and though it is high risk, I may purchase or watch some shares as a catalyst to see where the pattern goes. There seems to be somewhat of a possibility that we have reached a bottom. If resistance breaks, this can trigger another bull run. Keep in mind though, this risk is still high considering all the bearishness. That being...
Any entry for AMST under $5.50 I believe is decent. I think the stock is poised to go up and garnish some major support levels. Current target is at 115% current price. It is mid to high risk for an IPO surge, but I feel like the support level patterns at open usually follows that of the IPOs expected to garnish surge support. That being said, do your own due...
Imagine holding SPI as a penny stock, selling it at 7% draw-down, and few month after waking up to see it somehow have went up 4000%? While I do think there might be a possibility of foul play or might not, I have obviously made a mistake. This lead me to create this list of ten stocks I am watching from the sidelines, that I may do a breakout entry for. These are...
Spotted a double bottom formation on both the 4hr and daily time frame. Look for a breakout of the neckline and place your order. Take profit will be the length the top of the formation to the neckline.
FNKO entry was at $6 and $HL was at $5.28. Target: 15 to 20%+. FNKO currently has had alot of resistance and is on alert for likely to pickup support. HL recently dipped along with the rest of the market. I am bullish on both with some mid to high risk diversification. That being said, do your own diligence and invest at your own risk. Please consider everything I...
Right now, a stock that have interested me is $LAC. Currently, I was neutral on it, but am leaning towards a potential bullish sentiment. The support levels have been picked up to the point where it seems like high risk for a correlation. However, given battery day, I think that this still may have a higher support level for an even more incremental spike (Off of...
Unity is one of those unique cases where I wanted to invest, but the opening seemed too high. Now for a long position, a decent entry target for riding a wave might be at $68 with potential correlation patterns upwards to $70+. If I were still interested, I would likely do buy at $68, with target to $85 and a stop loss at $66.25. That being said, do your own due...
Right now, I think that CMPS has at the bear minimum a $34 target, and likely one should do risk analysis to see if they might want to continue from there. Probably a wide range auto sell with stop loss for a long position might not be too bad later on as well. Support levels seem to be picking up on this one. That being said, do your own due diligence and invest...
Right now I have a similar sentiment as I have had with PENN on the NWGI idea and market. Suggested entry was at $1.90. I'm bullish that it is starting to pickup current support levels after the previous dip and you may see a positive retest and bull run continuation afterwards. That being said, do your own due diligence and invest at your own risk. Please...
My entry is at $48.49 and I'm expecting resistance towards $48.75 and the $50 levels. My long target is upwards of $56+. Right now, I think eBay recently had a downtrend correlation, but is about to pickup some support levels for where it left off. I consider it low to mid risk as a long term hold. That being said, do your own due diligence and invest at your own risk.
Right now, currently I think that the support line for SUMO which I called yesterday is $25 as a decent entry. $25 being a bit pricier than the $22 expected open price, but still quite reasonable for a long position. I think resistance may not pop it more then that point. That being said, do your own due diligence and invest at your own risk. Consider everything I...
I been waiting for the Snowflake IPO and JFrog IPO for a while. Weeks ago, when hearing about how much the proposed price for Snowflake could be, I already became bearish. The same happened with JFrog. Then they increased, and seemingly increased even more in price. Those who invested super early into the IPO on the trading floor or accredited investors who even...
Right now looking at the AUDNZD and GBPNZD pairs, I am actually bullish for an entry. I think that the AUDNZD pair is at a dip, and continued support levels could be picked up for the GBPNZD pairs. The sentiment also seems positive. That being said, do your own due diligence and invest at your own risk. Keep in mind, everything I say is on an opinion based basis...
Right now looking at a long entry for GBX which has an estimated 18000 employees, and currently an undervalued market cap in my opinion (compared to its revenue), I would say it is a great value stock to get. Also Zack's rank seems to be bullish as well. I think the long term potential of this stock is decent. That being said, invest at your own risk and do your...