TESLA $TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24TESLA NASDAQ:TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24
BUY/LONG ZONE (GREEN): $232.00 - $263.50
DO NOT TRADE/DNT ZONE (WHITE): $208.50 - $232.00
SELL/SHORT ZONE (RED): $177.50 - $208.50
NASDAQ:TSLA Trends:
Weekly: Bullish
Daily: Bearish
4H: Bearish
NASDAQ:TSLA and Elon Musk disappoint with 10/10 Robotaxi event? I was personally a fan of the event, but this morning we saw price break bullish support and possibly start a bearish trend. I've expanded 181.00 zone up to 182.00 to capture the bottom of the previous bear trend that started from the Jul23 earnings report. My next look is for price to range between the 216.75 - 232.00 levels up to the next earnings release on Oct23. Levels were expanded from previous analysis and posts, linked below.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Earnings
Back with another value stock for playing the next 4 years The Foxx is back.
After a stellar success of ALTM, I dont think I have to mention to my esteemed followers the power of value investing.
I wont give you all the jagron of the DCF and the P/E Multiples on this platform but feel free to DM me for additonal info.
ENPH, my new entry. Previously, I did not mention my holdings in ALTM but to put things in perspective, i owned 100,000 stocks at 2.21 of ALTM. Sold 50,000 at 4.9 and 50,000 at 5.4 respectively. i'll let you do the math on the realized numbers.
Enphase is a strong clean energy stock. and with data centres going clean and the news flash of nuclear power deals with the AMZN MSFT GOOG, people and Mr. Market is missing out on one good and important factor. Nuclear will take 5-8 years to kick in. till then it is wind and solar.
so, without boring you more, I would like to announce to TV and the followers of Foxx Invest that The Foxx has initiated a position in ENPH at 83.92 of 1800 stocks with a buy order for more 1000 at 73.0
Please do not take this as investment advice. this is me sharing my position.
Stick to value investing and if you have more than 2-3 lines (only trendlines) on your chart - you will take losses. Period !!!!!
Take care
Make money - thats the only thing that matters in life after health and family.
Foxx
$SHOP trade idea 2.0Hi everyone,
I am back with a new trade idea on NYSE:SHOP ...
My previous one went quite well and so the next one I followed with but didn't post.
My idea is similar to the one before this one,
NYSE:SHOP is at a point where it's in between 2 Gaps it has left behind during past Earnings,
it does not matter that Earnings are positive or negative because I've seen that can only amplify current trends.
Judging by past chart behaviour, I believe it will first fill the higher Gap as its creation is prior the new one and size/gravity is lower, it might even happen that it is filled 2 days before new Earnings strengthening my thesis (just like on 7/Aug/2024).
I'll be writing down past chart behaviour and you can check yourself the movements in the chart itself.
By no mean am I a fortune teller but my thesis is fair,
It might even happen that it keeps going up and thanks to Christmas usual volume it hits the 1 week FVG above, only time will tell.
27/Oct/2022 Earnings - Buy in 2 days before | Massive FVG on the upside
*FVG filled before next earnings
*New minor FVG created on the downside (20/Jan/2023)
15/Feb/2023 Earnings - Short 2 days before | Small Gap + FVG below
*Price perfectly fills gap + FVG
*Creates new gap on the upside (15/Feb/2023) and leaves previous FVG unclosed
4/May/2023 Earnings - Buy in 2 days before | Gap + Previous big FVG upside
*Fills in previous unclosed FVG + new Gap
*Creates new major Gap on the downside (4/May/2023)
2/Aug/2023 Earnings - Short 2 days before | Major Gap on downside
*Touches Gap, bounces shortly and creates new gap on the downside
*Fills in own Gap and closed major Gap
*Creates new major weekly FVGs + minor Daily FVG (18/Sep/2023)
2/Nov/2023 Earnings - Buy in 2 days before | Major weekly FVGs upside
*Fills in weekly FVGs + daily FVGs
*Leaves new massive Gap on the downside (2/Nov/2023)
13/Feb/2024 Earnings - Short 2 days before | Massive Gap downside
*Heads towards massive Gap below not reaching it yet
*Creates new big Gap on the upside (13/Feb/2024)
8/May/2024 Earnings - Short 2 days before | Unclosed Massive Gap downside
*Closes massive Gap on the downside 2 days before new Earnings
*Creates massive Gap on the upside (8/May/2024) + small Gap (1/Aug/2024)
7/Aug/2024 Earnings - Long 2 days before | Massive Gap upside
*Closes massive Gap on the upside
*Creates massive Gap on the downside (7/Aug/2024)
31/Oct/2024 Earnings - still to come....
*There are 2 open Gaps, one on the upside and one on the downside
*The one on the upside is a minor one and has already been touched and created before the downside one
*Just like on 5/Aug/2024, it might close the Gap 2 days before to then sell off
Celsius Holdings | CELH | Long at $30.00Celcius Holdings NASDAQ:CELH suffered quite a drop over the last 5 months, but it was highly overvalued. While I still view it as fairly overvalued with a P/E of 28x, it's reporting itself as a healthy company, almost no debt, with a bright growth future. Going into earnings, it could have a nice run, but I am staying highly cautious.
From a technical analysis perspective, it fell through my selected long-term simple moving average (white line) and may have a nice bounce from here off the next major support level (blue lines) into earnings. If it does, I expect resistance near $40. Thus, at $30.00, NASDAQ:CELH is in a personal buy zone.
Target #1 = $39.50
Target #2 = $43.00
Target #3 = $47.00
Target #4 = $72.00 (long-term view if no recession...)
The TRUTH is Pending through BULLISH CYCLESThe truth is pending but my REVERSAL STRADEGY unveils secret truths. Smart Money is playing it out into a rising wedge behind the background. Will it play out this way? maybe it is. They know how we think, if this happens to change then I will update later.
Meanwhile, when it is time for the crash fall, TA data will be accumulating on my end. This data will start printing out in tiny portions the CRASH IS NEAR.
We must understand, that when the crash is near, BITCOIN reads to be in its most bullish conditions which we've never seen before. The world will not stop talking about how bullish Indices, Stocks, and Crypto has been and will be.
I have no doubt many of any sort will be providing feedback to those who listen. These information providers will be on the WHALE's PAYROLL to deceive many to say more than what they shouldn't say and many will follow their advice and just then, the BULLISH FULL MOON will turn into darkness and those who provided feedback, displaying themselves as professional analyst traders, many will not to be found.
Pivot high and pivot low is my strategy, I've retraced. The Ma's work with my pivots. The yellow trend that's dotted is a possible scenario of price movement.
This bullish dragonfly doji has not closed but it's reading out BULLISH MOMENTUM for our coming months.
Beware; after 5 pm Pacific time, a minor downtrend then will reverse, and this may last for some time.
DOMINOS PIZZA $DPZ | RANGE BREAKOUT AFTER EARNINGS? - Oct 06 '24DOMINOS PIZZA NYSE:DPZ | RANGE BREAKOUT AFTER EARNINGS? - Oct 06 '24
BUY/LONG ZONE (GREEN): 435.00 - 475.00
DO NOT TRADE/DNT ZONE (WHITE): 420.75 - 435.00 (can be extended to 402.00 - 435.00)
SELL/SHORT ZONE (RED): 370.00 - 402.00 (can be extended to 370.00 - 420.75)
Weekly: DNT
Daily: Bearish
4H: Bearish
NYSE:DPZ saw a massive drop from previous earnings, -13.57% drop post earnings release. Price then develops into a range, highs around 442 - 445 level, lows around 402. I am looking for the next earnings release (Oct 10, pre market) to be a catalyst to either breakout or breakdown the range that we've seen the past couple of months. I am looking for price to remain between the levels 420.75 and 427.75, or to break above 427.75, but rest under 435.00 until the earnings report is out.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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GME - The cat is gone, the mice try to keep the party goingDoing a technical analysis of NYSE:GME might seem idiotic and pointless. We all know price is ruled by Reddits and social media posts. It used to have its moments due to a kitten, with insane movements. The kitten has fled, and the Reddits still claiming this is the best company ever do not have the power to keep the stock up. Management has proven several times they do not care about shareholders, instead they see them as a tool. They have taken advantage of shareholders more than once, and they will again.
Price is now in a kind of limbo, wedge pattern. This will not last. The company has a full bank account, but has not shown or communicated anything about any potential investments. In fact, they have shown signs of trying to save the obsolete business of yesterday by closing some stores. I am fully aware that something must be going on behind the scenes, but it has been a story for some time. NYSE:GME still has the right to issue/sell more a lot of shares, and given their history of totally ignoring and abusing their shareholders, I expect another dilution of shareholders. Continued no news, reduced interest, no hope of the kitten rescue, lower highs on the chart, I feel the lower channel band will be broken and we face the support around $15, then $10. Without RK, and a non-communicating RC there is no case.
PCRX Pacira BioSciences IncFundamentals
- This stock should be prices at 30(50%) up according to the previus pricing logic with the forward earnings.
- I think that this stock is pressed down because an institutional buyer that left to rapid, I don't know what the motives are. (Mabey the lost of 50% in 2 years did.) (Or if you see the traditional models, growing cashflow and earnings growing and the stock keeps decreasing every month, I would also say it's cursed. But why don't you exit way earlier then? Or is that when you get a 50% discount?)
- Increase in earnings, good cashflow, good low dept.
Oppinion, undervalued, excellent risk-reward. It's worth the risk of taking this trade, I took a good profit and am now scaling up. I would not recommend trading higher with 400K or call flow traders for a put option.
RNR RenaissanceRe Holdings Ltd (Long Opportunity) Fundamental
- Stock is outperforming the market, building on new highs, I expect this will continue to at least 300 or ~10 near.
- Company's selling goes up.
- Company has a strong cashflow position.
- Investors very want the company at the moment.
- Company has great price/earnings growth spiral, wich makes dedicated traders want it, this explains the rise and this explains the continuation of this trend until the first big break, but this moment looks not to be near.
Screener FUL H.B. Fuller Company (Long opportunity) (Midterm) Financials
- Looking to a good year of growth,
- Good reachable expectations.
Technical
- Good bottom zone, with a very attractive price at the moment.
- Sellers have made the market but I expect this to flip because
you already see the buys rejecting the bottom level.
- Riskreward setup for at least 1/4 so attractive to speculators and traders.
Oppinion
- I think this kind of trading setup are very attractive for larger/smaller trading houses, this stock has a good outlook for the coming years also with the coming expectation cycle.
Even if this stock is underperforming I see optimism in the developments of the price and company.
Unilever (SHORT)(Speculation) Leo HanhartMotives
- Decease in FCF, bad business climate for unilever.
- Bearish momentum upcoming.
- (Opinion) The price is too high now compared to the numbers.
Please discuss with me about the situation, yes the macro environment is favor for CG.
FMCG, but Uni is in a segment where the buyers are pressured by inflation. I see this as a thread for the performance. This all makes that I see a bearish move very possible.
JBL Jabil Inc, (Long Opportunity) (Midterm) Leo Hanhart Strategic
- A lot of funds enter positions.
- Stock is gaining momentum.
- Company did strategic purchases wich higher the earnings in the future.
- Strategic position in the market.
- Free cashflow is high. (and increasing) if you would make a model for that, you will see that this will predict that the stockprice will increase.
Financials
- Earnings are okey.
- Company has a good outlook.
- Valuation is a bit on the low sight (is 10-11, was 20).
- Margin is increasing.
Techincal
- Just a good momentum spot.
- If you look at the weekly candles you see big long-O.
- Buyers are making the coming market I quess.
Baxter International | BAX | Long at $35.00Baxter International NYSE:BAX , a company that primarily focuses on products to treat kidney disease and other chronic and acute medical conditions, is another name that had a very rough time through 2022 and into 2024. However, the company's projected earnings and cash flow are expected to grow from 2024 through 2027 and it currently has a 3.35% dividend. Interest rates being lowered soon will help these projections. From a technical analysis perspective, my selected simple moving average is working its way down to recapture the price for a likely reversal in the next year or two (unless company fundamentals change). The recent low in June 2024 was higher than the previous low in October 2023 (higher lows) indicating a high chance of future price improvement - but nothing is guaranteed. At $35.00, it is currently in a personal buy zone.
Target #1 - $40.00
Target #2 - $48.00
Target #3 - $51.50
Target #4 - $65.00
Target #5 - $77.00 (very long-term...)
Weak Technical Patterns Ahead of EarningsFor now, NYSE:GS the largest of the Financial Services companies left, is struggling a bit. Trading activity in this stock is well below its average at this time. No pre-earnings run patterns have developed yet. There is some rotation recently, with lower money flow.