Big Gap Fill for VAPO: Still Holding the DipVapo is one of those stocks that seem to have been oversold. Right now, the buy consensus from analyst are at 100%, and even with some negative sentiment and resistance from the non-institutional traders, this looks like lots of the noise is about to be blocked out. I think given the many large institutional backers, buy consensus, the dip, the demand for ventilators at this time period, and the current quarterly outlook, there are numerous of reasons to be bullish. Also look at the big gap needing to be filled given this dip. As always, everything I say is on an opinion based basis. Do your own due diligence and proceed at your own risk. Proceed with caution.
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CAPR Short: Next Target $5.90Right now, I think CAPR will have some continued resistance, and that the next target for the bearish run for a possible buy is at the $5.90 price point for bottoming rather than the current level. That is still only a $0.15 difference but lower risk aversion ratio. That being said, everything I say is on an opinion based basis. Please do your own due diligence. Proceed with caution and at your own risk.
ETSY Strategy: $125 Entry, Long PT at $150Right now, I'm still guessing an overall long position at ETSY, but think it will continue having some more resistance until reaching the $125 price point prior to retesting. That being said, I think by November, this stock can easily reach $150 for a long PT target. The correlations seem to point to positive support levels overtime. As always, please do your own due diligence. Everything I say is on an opinion based basis. Proceed with caution at your own risk.
Why I called Short on FSLY Yesterday and think it will hit <$85Aftermarket, I noticed that FSLY had a largely bearish correlation for the day. I expected it to continue to the next day given that it has been having a consistent bull run for quite a while. When a bull run is too long and people are way too overly optimistic for the earnings, what can one expect? Now I think the price may bottom out close to the $85 price point. That being said, there is still low to mid risk entering now given it may start a retracement correlation pattern. However, I would likely call this a short given safer bets are out there for dips. That being said, please proceed with caution. Everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
My Favorite Dip of the Day: CWHRight now, looking at CWH with earnings and everything, I see why people are concerned. They are bidding against Marcus because earnings during a pandemic for commercial RVs are seemingly low. However, this is expected. Given retail had a huge hit and not lots of people would be outdoors, camping supplies, RVs, etc. aren't expected to have higher growth in sales. Also, I expect Camping World's business strategy is diversification over time likely into a holdings company. Until that happens, the risk isn't too high given the volume for demand will likely increase post-covid. Historically, this stock had some stable price correlations. This is why I think as a long hold, today may be a decent entry given the dip. Invest in the red, sell in the green is usually the most profitable way to go. That being said, please keep in mind everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
My Favorite After Hours Dip: Immenent Retrace???My entry for wedge #2 was $1.76. PT target is $3.08. Right now, I expect a positive retracement given the massive selloff was towards the bottom floor and the pattern last earnings call. Once support levels pick up, this will retest and retrace closer towards today's opening. If I'm right, very large profit turnovers for those who get the dip. That being said, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence. Keep a close watch.
Waiting here for SAVA's Next Wedge?Right now as a long position, SAVA is kind of slow. However, I think the next wedge breakout for positive retracement is likely within the next few weeks. If earnings are positive, this will trigger some price action really soon. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Perform your own due diligence.
Next Wedge for $MARK? Waiting for some action!Right now Remark with the bearish correlations and resistance have been beat up alot. I think they were oversold. If earnings show some good news, especially given current support levels, we are talking about the next positive wedge for them. That being said, it is mostly speculative, but many of the patterns are showing support for this trendline. Please do your own due diligence and proceed with caution. As always, everything I say is on an opinion based basis.
Look at the BB and Timing, Way OverboughtChainLink is something I'm still bearish on at this point. I think it has been overbought the past few weeks, as with correlations from mid February to the March and April price points. I think the resistance will outweigh many of the support levels and that will trigger negative price correlations. The technological proposition of ChainLink also isn't unique enough and as one can see, the volume is high given the circulating supply is high. Overall I'm still bearish. That being said, please do your own due diligence. Invest at your own risk and proceed with caution.
Look how Bad the Chart is: NKLA ShortRight now, the trendline literally looks like a downward wedge for NKLA. The bearishness is really bad, and I don't think management has enough upside to currently pose positive growth for this quarter. While, I root for the overall technology, not sure if NKLA can be the company to deliver. They also don't seem to have their own production in place. That being said, everything I say is on an opinion based basis. Right now, I think an entry here would be high risk. That being said, please proceed with caution. Do your own due diligence.
USD/MXN: Re-enter this for the DipRight now, USD/MXN looks like a decent dip. The trend is next wedge breakout and than a short selloff likely leveling off of that. This is usually a typical pattern with many FX pairs. I would say that this is an easy low to mid risk reentry. That being said, please do your own due diligence. Everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk.
Waiting for the Next Pivot Rise: BlackberryRight now, Blackberry is getting close to an imminent bull run with the next level of higher pivots and a positive wedge. It is beginning to pickup support, and I think the support levels are going to outweigh any resistance from the short sellers. That being said, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence. Please proceed with caution.
Look at the Pivot Points for $BBI, Neutral Line Needs to BreakRight now for BBI, I see some legitimate potential. The pivot points recently seen some neutral trends going with resistance and bullishness. As soon as higher support levels are being done for this current dip, the price can really start going up. I see an imminent bull run for this stock's future. This is low risk at the current price in my opinion. That being said, everything I say is on an opinion based basis. Please invest at your own risk and do your own due diligence.
FMCI is Still a Dip: Buy Signal Alert!Right now, looking at FMCI, I know the bearish correlations been going around for a while, however, volume is low. People are waiting for the uptrend swing to happen or a bull run given positive news. The ROI can be big on this one, and I would say this is mid risk rather than high risk. That being said, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. Proceed with caution.
Big Gap Fill: $30.46 was the Bottom, Bull Run FlagRight now, I been watching and entering a position carefully the past hour. Seeing correlations, I'm positive on a full uptrend swing for this one. Seeing the gap fill, I think it is obvious what is going to happen for me. Easily low to mid risk in my opinion. That being said, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk.
XAU/USD Next Target Post-Dip $2050Right now for the gold spot, it has went to the price of $2010 which is a bullish rise from many previous predictions last quarter. Today at nearly 0.45% down, it is likely a dip because I think the next target should easily be $2050. That being said, please keep in mind everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. Proceed w/ caution.
GENE: Last Breakout was Crazy, High Volume Pop?GENE is one of those stocks that had support pickup for volume which lead to a really big breakout. The selloff was as bad, given many people getting excited can leave just as quick. I'm not sure I would consider it far enough evidence yet for market manipulation. That being said, even with lots of the resistance it has been receiving, I think it has potential for a positive retest. I would rate this as mid risk, but think that bullish correlations can push this past the $7 price point quite soon. That being said, please do your own due diligence. Invest at your own risk. Everything I say is on an opinion based basis.
$MVIS: Long for Earnings + Wave #3Right now looking at $MVIS, I know it has had quite the bull run. However, I think with higher support levels, the last two previous wedges, and positive expectancies for the earnings call, this can at least be $2.85. That makes for a decent profit turnover. That being said, everything I say (as always), is on an opinion based basis. Please proceed with caution, do your own due diligence, and invest at your own risk.
$DPW: Next Positive Wedge Target!Looking at DPW, I think it is close to getting ready for the next positive wedge target. I been closely monitoring the swings the past few days and the $2.74 price point as well. I think once resistance is popped, it goes on to the next pivot point and picks up resistance outweighing many of the short sellers. This may be one of those stocks to lookout for. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
Get Ready for the CBL BreakoutCBL is one of those stock finds where from the outside, it has been beaten up alot. If you want to talk about somebody that was hit from Covid, CBL is one of those stocks. The real estate market, especially when looking at malls and commercial spaces, isn't doing so good. That being said, I think as a long entry, the risk isn't too high given $0.17 is around a neutral point. This could pick some positive support levels and continue growing, and likely when key resistance is popped, you can see a large profit turnover opportunity. That being said, everything I say is on an opinion based basis. Please proceed with cation and invest at your own risk. Do your own due diligence.
Ready for the Next Positive Wedge? $BBRight now looking at the volume, I think Blackberry is expected to garnish some more major support levels as well as higher pivot points. Overall, given previous charting correlations, I would go long on this saying it is getting close to the next positive wedge. I think Blackberry has a chance here in the red to start becoming a bit more lucrative. That being said, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk. Please proceed with caution on all trades you make.
I'm Still Bullish on $TSLARight now, there are two critical points I am looking for in regards to Tesla. The $1450 price point resistance is about to be broken, and the $1500 price point will be broken shortly after (as we seen last time this happened), then many of the neutral patterns would also be broken. I think the resulting positive wedge would be much bigger then the wedge from the time this happened previously. Also, if we are on wave #3, with more positive support, at the very least I'm think it can pass the $1750 price point (more than likely even the $2000 price point) in a matter of few months. I'm being conservative, even though I would still classify this as mid risk. That being said, please do your own due diligence. Everything I say is on an opinion based basis. Please proceed with caution.
EURCAD: Decent Entry NOW!Right now, I feel like EURCAD is at a decent entry after the recent bearishness of the day. It is beginning to get some more positive support levels, and looks like it can be an easy way to a quick profit turnover. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. Proceed with caution.
