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Long over 200 Short under it. Large rev growth, declining RPOOkta announced the pricing of $1.0 bln aggregate principal amount of Convertible Senior Notes due 2026 (180.07) The notes will be senior, unsecured obligations of Okta. The notes will bear interest at a rate of 0.375% per year. Interest will be payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2020. The notes will mature on June 15, 2026, unless earlier redeemed, repurchased, or converted. Okta (OKTA) assumed with a Hold at Canaccord Genuity Okta target lowered to $205 at BMO Capital Markets (183.92) BMO Capital Markets lowers their OKTA tgt to $205 from $210 Okta beats by $0.10, beats on revs; guides Q2 EPS above consensus, revs in-line; guides FY21 EPS above consensus, revs in-line (183.92 +4.50) Reports Q1 (Apr) loss of $0.07 per share, excluding non-recurring items, $0.10 better than the S&P Capital IQ Consensus of ($0.17); revenues rose 46.0% year/year to $182.86 mln vs the $171.57 mln S&P Capital IQ Consensus. Co issues guidance for Q2, sees EPS of ($0.02)-($0.01), excluding non-recurring items, vs. ($0.09) S&P Capital IQ Consensus; sees Q2 revs of $185-187 mln vs. $184.74 mln S&P Capital IQ Consensus. Co issues guidance for FY21, sees EPS of ($0.23)-($0.18), excluding non-recurring items, vs. ($0.32) S&P Capital IQ Consensus; sees FY21 revs of $770-780 mln vs. $772.26 mln S&P Capital IQ Consensus. "We are pleased with our continued execution and strong first quarter results," said Bill Losch, Chief Financial Officer of Okta. "Looking ahead, our strong first quarter revenue performance and highly recurring business model give us confidence in reiterating our fiscal year 2021 revenue outlook. In addition, we are improving our operating loss and loss per share outlook for the fiscal year. While we believe it's prudent to continue to expect some near-term business headwinds as the economic impacts from the pandemic further unfold, we remain highly confident in our long-term success as the leader in the massive identity and access management market."
NASDAQ:OKTAShort
by SwingingForward
Long over $7. Recent negative press attention seemed to wear offRECENT NEWS SDC (7.12 -7.75%): Missed expectations for Q1 EPS and revs. Q1 unique aligner shipments rose +12% yr/yr to 122,751. During its call, co noted that it shipped 10,500 aligner orders in April and between 11,000-15,000 in May; it projects the current run rate to be circa 22,000 shipments in a 30-day period. Co commented that since Q1, it has seen "robust performance" from its impression kit business despite reductions in marketing spend that amounted to approx. 90% over the past 60 days -- kit and scan volume was down by circa 40% over that span. Downgraded to Underperform from Buy at BofA/Merrill, which sees suppressed advertising spend levels and other overhangs contributing to a slower recovery through the year for co than previously projected. 16-Jun-20 09:39 ET SDC SmileDirectClub announces product category leadership for its oral care line (8.03 +0.49) SmileDirectClub announced today that its new end-to-end oral care system leads category growth in a number of product categories in the consumer marketplace. SmileDirectClub is the top growing brand in the whitening category for 2020 with its product bright on and the power floss category with its water flosser. Additionally, the brand is the second highest growth contributor in the brush category for its electric toothbrush during the same timeframe. All of SmileDirectClub's oral care products include promotions for clear aligner therapy to remind consumers of the brand's entire suite of offerings. 27-May-20 08:40 ET WIRES On The Wires SmileDirectClub (SDC) has joined Anthem Blue Cross and Blue Shield's (Anthem) and Empire BlueCross BlueShield's (Empire) newly established program, Ortho@Home, a teledentistry orthodontia program designed to provide consumers with convenient, affordable and remote orthodontic care. SmileDirectClub is offering remote dental care and clear aligner therapy to users on Anthem Dental Prime and Complete networks. 18-May-20 16:47 ET SDC SmileDirectClub files $2.8 bln lawsuit against NBC for "defamatory" nightly news story (6.76 -0.10) SDC has filed a lawsuit seeking approximately $2.8 bln from NBC Universal Media and reporter Vicky Nguyen for "knowingly and intentionally making factually inaccurate, misleading and defamatory claims about the company and its platform" on an NBC Nightly News with Lester Holt report. According to SDC, NBC's February 13, 2020 ‘Nightly News' report contained more than 40 false and misleading statements about SmileDirectClub and the treatment patients receive from the hundreds of board-certified doctors who use the company's platform to treat patients. SDC claims its reputation was wrongly sullied and its business unjustly harmed as a result of the NBC story according to the suit. In the wake of NBC's report, and as a direct result of it, SDC's market cap plummeted by $950 million. SmileDirectClub is seeking to recover treble damages pursuant to Tennessee's Consumer Protection Act. SDC (6.45 +19.67%): Co was issued a patent for its SmileShop intellectual property from the USPTO; the patent, says co, "ensures no clear aligner competitor will be able to duplicate SmileDirectClub's unique model for 18 years." The patent encompasses the SmileShop concept and process. Co also announced that it is making plans to reopen its SmileShops in the US, Canada, Germany, Australia, New Zealand, the UK, and Ireland beginning in May. The stock rises to one-month highs on above 3x average volume.
S
by SwingingForward
Growth Stocks Are Taking Back LeadershipStocks fell hard after the June 10 Federal Reserve meeting. The S&P 500 bounced after holding 3,000, and some interesting changes have occurred amid the volatility. Simply put, money is rotating back to “growth” and away from “value.” Recent weeks saw a big surge of interest in beaten-down “reopening” stocks like airlines, banks, industrials, energy. But now it’s fading. A comparison between the Russell 2000 ETF (IWM) against the Invesco QQQ Trust (QQQ) is a good proxy for this trend. IWM, heavy on smaller industrial and financial companies, rose 30 percent between the lows of May 14 and the June 8 high. QQQ, loaded with large technology companies, rose just 15 percent over that period. But now everything is changing. IWM is down about 6 percent from its pre-Fed highs, while QQQ is 1 percent higher. IWM hasn’t even benefited much from strong economic numbers recently, like the New York Fed’s Empire State Manufacturing Index or retail sales. (Those should have lifted cyclical value stocks more.) The technicals of each ETF also speak volumes because QQQ is above its February highs, while IWM is stuck below its 200-day simple moving average (SMA). This growth-versus-value debate has occurred a few times in recent years. Value briefly outperformed in late 2016, and again late last year. Both times, it faded and the dominant theme of large-cap technology returned. Based on the current price action, the same thing could be happening again.
NASDAQ:QQQ
by TradeStation
1
TTD BLUE SKY BREAKOUT to SLINGSHOTTTD went through a 10 day consolidation after breaking out from 316 to 370. Currently set up for a potential slingshot to hit 400. Price is looking strong holding its footing above the 10 day EMA. Fundamentals are showing accelerating revenues and expanding margins due to its resilience to the pandemic and mostly benefiting from the shift to work from home and e-commerce. One of the few high growth stocks that's taking a slice of Facebook and Google market share in advertising. With revenue growth of 37% YoY and top margins of 76% compared to sector median of 7.24%, this is definitely one for the long haul. Let me know your thoughts and best of luck on your trades.
NASDAQ:TTDLong
by TradingMavericks
High Net Worth Strategies - What is High Net Worth Investing?What is High Net Worth Investing? In order to understand what high net worth investing is, you need to understand what a high net worth individual (HNWI) is. A high net worth individual, as the name suggests, is a wealthy individual with at least $1 million in liquid financial assets. In the financial industry, the high net worth status is based on how a bank wishes to classify its clients. There are two characteristics that classify you as a high net worth individual: Having considerable liquid assets. Having many investable assets. As wealth accumulation increased and more and more people have become HNWI, a new class of wealthy people has been created, namely the ultra-high net worth individuals. An ultra-high net worth individual (UHNWI) is someone with at least $30 million in liquid assets. Now that you understand what it means to be an HNWI or UHNWI, let’s learn some high net worth investing strategies used by HNWI. How Do High Net Worth Investors Invest? Imagine if you could use the same investment principles as the high net worth individuals. The high net worth investors have a large amount of capital available for investing. So, how do high net worth families invest their capital? The traditional asset allocation model for high net investors is 60/40: 60% equities 40% Fixed Income (bonds) This asset allocation model provides a diversified and more balanced source of income. While it is a rule of thumb, it is still very useful. Equities will pay investors dividends, while bonds will pay investor interest. This can be considered a form of passive investing. These types of investing strategies for the high net worth investor will also benefit from stock price appreciation. At the same time, bonds offer stability and income predictability. The traditional asset allocation model of 60/40 served investors very well in the 80s and 90s, during a time when interest rates were much higher. Today, bond yields are at the all-time record low, so the traditional asset allocation model won’t work that well in the current environment. So, it’s necessary to adopt different high net worth strategies. And, that’s exactly what we’re going to discuss below: Investing Strategies for High Net Worth Investor. The high net worth investors are the type of people who know what to do if someone gives them $1 million. Ask yourself this question: If you were to inherit today $1 million, would you spend the money? Or, would you invest the $1 million? If you’re not going to spend the money, then where should you invest $1 million right now? Well, the first step is to search for the best brokers for fixed income trading for high net worth and start from there. You should also diversify your investments and seek opportunities that have enhanced return potential and favorable tax treatment. Currently, many traders are realizing the old asset allocation model is changing. Instead of using the broken 60/40 asset allocation model, traders are becoming a bit more creative and are currently experimenting with new approaches. With the new approach, the high net worth individuals are able to diversify their investment beyond the standard stocks and bond model. Here is an investing strategy for the high net worth investor that includes attractive alternatives. See below: High Net worth Strategies #1: Asset Allocation Strategies Asset allocation is the process of deciding how much of each asset class (equities, bonds, real estate and cash) you should hold in your portfolio. There is no optimal asset allocation model as it all falls back on the money managers’ ability to seize attractive risk-adjusted return opportunities. For example, a typical high net worth asset allocation model looks something like this: 50% equities 10% infrastructure 10% private equity 10% real estate 10% hedge funds 10% fixed income The time horizon of this type of asset allocation model is much bigger. This type of investment is typically held for years. Nowadays, the Capital Asset Pricing Model (CAPM) is widely used to quantify the correlation between risk and the expected return. As the Harvard Business Review explains, CAPM sees risk and return as being decided by a portfolio exposure to market beta. Check out HERE what is Beta in trading. By combining the US stocks and global stocks into a portfolio, this will improve the risk and return relative to each of the stock selection. Compared to stocks, bonds are less risky, but they have lower expected returns. However, most stock model portfolios work well if they include growth stocks, which bring us to the next investing strategies for the high net worth investor. High Net worth Strategies #2: Growth Stocks Buying and holding growth stocks is a form of passive investing favored by the high net worth individuals. For example, if an investor has invested in Amazon stock back in 2015, the investor would have increased the investment by more than 700% by mid-2020. Growth stocks may or may not offer dividends (the certainly offer fewer dividends than blue-chip stocks), but they remain attractive because they produce returns through share price appreciation. Growth stocks also come with tax advantages because the investor is not obligated to pay taxes while holding the stock. Additionally, if you hold the stock for more than one year, your gains are taxed as long-term capital gains. The long-term capital gains are taxed at a lower rate than the short-term capital gains. We’re going to outline additional strategies for establishing asset allocation. See below: More Investing Strategies for High Net worth Investor. If you want to achieve to optimize asset allocation and minimize risk, you need to look into the different approaches that high net worth individuals use. We’re going to summarize for you five of the most common asset allocation strategies used by HNWI: 1 - Strategic asset allocation adheres to a proportional combination of assets based on expected rates of return. For example, if stocks historically returned 15% per year and bonds have returned only 5%, you would put more weight on stocks. 2 - Constant-weighing asset allocation strategy – with this approach you constantly adjust your portfolio. For example, if stocks would drop in value, you would buy more at a cheaper price. 3 - Tactical asset allocation – helps HNWI to take advantage of exceptional short-term investment opportunities. This is a type of active trading strategy. 4 - Dynamic asset allocation – this is another type of active trading strategy that helps you adjust your portfolio as markets rise and fall. For example, if the stock market is showing weakness or the economy is entering a recession, you sell stocks in anticipation of a drop in the stock price. 5 - Insured asset allocation – this approach is more suitable for the risk-averse investor because it seeks to protect the portfolio value by not allowing it to drop below a certain threshold. That pretty much sums up how the wealthy stay wealthy and can become even wealthier. The bottom line is that asset allocation is not an exact science and it all depends on your financial goals and experience. What you can do as a small investor is to diversify your portfolio. While you might not have the money to buy real estate and a good amount of stocks, you can seek alternative investments. For example, you can trade stocks, ETFs, currencies and another part of your money to be allocated to cryptocurrencies. Let’s now see how the ultra-rich invest their money. Are ultra-high net worth strategies different from high net worth strategies? Generally, they are similar, but there are still a few important details to pay attention to. See below: Ultra-High Net Worth Investment Strategies. A new breed of investors evolved among high net worth individuals and these are the ultra-high net worth investors. As explained above, UHWIs are defined as having investable assets of at least $30 million. So, where do the ultra-rich invest their money? According to the Wealth Report Attitudes Survey 2020 (see figure below) the UHNWI asset allocation model is more diversified. The Wealth Report revealed that the average UHNWI investment portfolio was invested in each asset class as follows: 27% in real estate. 23% in equities. 17% in bonds and fixed income. 11% in cash (currencies). 8% in private equity. 5% in collectibles (including art, antiques, and other expensive items). 3% in gold and precious metals. 1% in cryptocurrencies (Bitcoin and altcoins). We can note that there is an increased interest in investing in the long-term, which is the case for real estate investments. Additionally, you can see that 11% of the wealth is held in cash, which means UHNWIs are active in the forex market as well. Currency trading for high net worth individuals is again done over the long term. Now, how the average investor can invest like a billionaire? Ray Dalio an American hedge fund manager said: “It’s more difficult to succeed in the markets than it’s to succeed in the Olympics” For more trading quotes, please see Top Trading Quotes of all Time. While everyone is saying it’s difficult to succeed in the markets, it’s not impossible. And, trading like a billionaire is a different ball game altogether. If you want to replicate the ultra-high net worth investment strategies and be a billionaire someday, these are the 10 things you should be doing: 1. Invest only in what you know. 2. Understand the difference between price versus value. When the price is well below the stock value than it’s the best time to buy a stock. 3. Identify cheap investments (e.g. high net worth cryptocurrency trading). 4. Invest in durable time tested businesses. 5. Research the team management team behind a company. 6. “Be fearful when others are greedy and greedy when others are fearful” from Warren Buffett wisdom. 7. Develop a long-term mindset. 8. Invest in Warren Buffett’s Berkshire Hathaway stock, which has outperformed the S&P 500 for decades. 9. Invest in overseas stocks. 10. Diversification. These investing principles can help you invest your $10,000 like an ultra-high net worth investor. Final Words – High Net Worth Strategies In summary, when you’re a high net worth investor managing your wealth can be a challenge. The HNWI don’t invest like the average investor, they use ultra-high net worth investment strategies to accumulate more wealth. The investing strategies for the high net worth investor that have produced the most profits are the ones that are sufficiently diversified. Diversification is key to how wealthy people preserve their wealth and accumulate more wealth. You can too invest like a wealthy person if you start using the principles outlined through this high net worth strategies guide. Thank you for reading!
NASDAQ:EQRREducation
by Tradingstrategyguides
Beware of the Reversal in the Growth/Value Stock Ratio!Here is a very important chart: the ratio between growth stocks and value stocks. Wave 3 could be ending soon as we just touched the ML of the PF and hit the 200% extension of W3 vs W1. We are seeing an extended 5th within W3 which could top at 1.90 with a daily bearish divergence on the RSI. If this count proves to be correct, we will see NDX under-perform the SPX whatever the direction of indices. As you can see, each time this ratio corrected, we witnessed some turmoil on the markets to say the least... Follow us on Twitter and join our free Discord group to get daily updates in plenty of assets and access all our charts!
AMEX:IVW
by TradingSurfers
6
Paychex: Steady Growth Stock Attempts Cup & Handle BreakoutPaychex isn't the most exciting stock on the planet. But it's forming a textbook cup and handle pattern, which may indicate a breakout is coming. The payroll processing company surged about 40 percent between the end of 2018 and June 2019. It's consolidated those gains since, basing around $80 last August-September (cup), followed by a higher low around $82 in November (handle). PAYX squeezed into a tighter range since then, finding support above its 200-day and 50-day simple moving averages (SMAs). Next came its big candlestick from the December 18 earnings report. PAYX tried to gap higher on strong results and higher guidance, but sellers quickly swatted it back down to its range. The stock consolidated for a few more weeks before running to a new high pennies below $90. It then pulled back and held the 50-day SMA on January 31. After that, it formed a tight channel between $87.25 and $88.90, which it's now on the verge of breaking.
NASDAQ:PAYXLong
by TradeStation
Reabold Resources - Price about to head upstreamBuy Reabold Resources (RBD.L) Reabold Resources PLC is a United Kingdom-based investment holding company. The Company is focused on investing in upstream oil & gas projects. The Company’s projects include Reabold California, Wick UK, Oulton UK, Parta Romania, and Colter UK. Reabold California, which include monroe swell redevelopment, monroe swell drilling, west brentwood, and grizzly island. Market Cap: £60.5Million Reabold shares have corrected lower in recent weeks and support seems to have been found close to an unfilled gap at 0.846p. Volumes have picked up in recent sessions and the shares are breaking above downtrend resistance. Looks like it could be an interesting play from here. Stop: 0.75p Target: 1.0p Target 2: 1.25p Target 3: 2.0p Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now - t.me
LSE:RBDLong
by Investamate
Hurricane Enery - Buying the bottom of the rangeBuy Hurricane Energy (HUR.L) Hurricane Energy plc is engaged in the exploration of oil and gas reserves principally on the United Kingdom Continental Shelf. The Company's acreage is on the United Kingdom Continental Shelf, West of Shetland, on which the Company has approximately two basement reservoir discoveries, each containing approximately 200 million barrels of oil equivalent (MMboe). Market Cap: £827.54Million Hurricane Energy is trading in a neat range on the daily chart. The support at 38p has held successfully and the shares look set to close above the 10EMA. This could be a sign that bullish momentum is about to return. The upper end of the range comes in at 60.70p which is our short to medium term target. Stop: 36.4p Target 1: 60.70p Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now. t.me
HLong
by Investamate
Flowtech - Go with the floBuy Flowtech Fluidpower (FLO.L) Flowtech Fluidpower plc is a United Kingdom-based distributor of technical fluid power products. The Company operates through two divisions: Flowtechnology, which is geographically split into Flowtechnology UK (FTUK) and Flowtechnology Benelux (FTB), and Power Motion Control (PMC). FTUK and FTB focus on supplying distributors and resellers of industrial maintenance, repair and operation (MRO) products, primarily serving urgent orders rather than bulk offerings. The PMC division is engaged in the design and assembly of engineering components and hydraulic systems, which are managed by component supply along with a service and repair function. Market Cap: £64.98Million Flowtech is trading in a neat range between 98.5p to 165.5p on the daily chart. The company pays a dividend, which is quite rare of a small cap business. The recent ex-dividend date has been shrugged off with no real impact on the share price. There is an unfilled gap at 120.5p, which is our first target, beyond that we believe the share price could climb towards 149.5p, then 165.5p. Stop: 95p Target 1: 120p Target 2: 149p Target 3: 165p Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now. t.me
LSE:FLOLong
by Investamate
2
Bango - More upside expectedBuy Bango (BGO.L) Bango PLC (Bango) offers the Bango mobile payment platform. The Company's principal activity is the development, marketing and sale of technology to enable mobile phone users to make payments for digital content and media on smartphones and tablets. The Company's segments include End user activity and Platform fees. The End user activity segment includes the content access fees paid by end users for accessing chargeable content provided by digital merchants, adjusted to take account of whether Bango is agent or principal in the transactions. Market Cap: £94.28Million Bango has formed a bottom pattern on the daily chart. The double bottom completed on the move above resistance at 130p. The shares have been in consolidation mode in recent weeks but now look set to head higher over the short to medium term. We have major resistance around 198.5p, which also lines up with the 61.8% Fibonacci resistance level at 192.5p. We expect to see the short term sequence of higher highs and higher lows continue. Stop: 115p Target: 192.5p Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now. t.me
LSE:BGOLong
by Investamate
Yourgene Health - A break above 13.7p would target 16.9pYourgene Health PLC, formerly Premaitha Health PLC, is engaged in molecular diagnostics business for research into, and the development and commercialization of gene analysis techniques for pre-natal screening and other clinical applications in the early detection, monitoring and treatment of disease. The Company's product, the IONA test is a non-invasive in vitro diagnostic product for prenatal screening enabling clinical laboratories to offer a regulated non-invasive prenatal test in-house. The IONA test estimates the risk of a fetus having Down's syndrome or other serious genetic diseases. Market Cap - £71.88 Million The shares are trading in a well-established range between 10.50p – 13.7p. The shares appear to be heading to the upper boundary of the range and we expect an eventual break of resistance at 13.70p. A break of resistance at 13.7p should lead to more upside over the medium term. Our upside target is 16.9p, which is around 40% higher than the current price. A break below support at 10.5p would invalidate the bullish view. Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now. t.me
YLong
by Investamate
RCII forming pennant, likely to run againRCII has a 9.3/10 Equity StarMine Summary Score, has beaten analyst estimates on its last 5 earnings reports, and has grown earnings by 113% this year. Its P/E of 12.3 is quite attractive for a growing company. Here's S&P Capital IQ's analysis of the fundamentals, scored out of 100: Valuation: 99/100 (extremely undervalued) Quality: 98/100 (extremely high quality) Growth stability: 97/100 (extremely stable) Financial health: 95/100 (extremely healthy) Man. You don't see numbers like those every day. About the only thing RCII *doesn't* have going for it is that rentals aren't a very sexy sector. This isn't going to run like a Tesla or a Beyond Meat. Still, this is a very solid stock that should climb out of its pennant soon, in my opinion. Set a stop loss beneath the pennant bottom. Edit to add: 1) several directors added shares on September 6, which I assume was part of their compensation plan, 2) RCII's price stayed stable after its dividend, which is always a good sign, 3) RCII got upgraded by Recognia today after the algorithm detected a breakout. I think this was a false positive, but it could move the stock price up anyway.
RLong
by ChristopherCarrollSmith
How High Is High Enough??SHOP Has just been on a tear, my goodness. I had this move marked out when it was flagging, had my buy marked at 125. Got distracted elsewhere, missed the buy, and now have just been absolutely kicking myself over this. What a run. My best estimate for a target sits around 428. May buy a put option at that point if it does in fact reach it, but I obviously don't wanna be short for very long in this name. If you have been in, congrats on the move. May wanna consider realizing some gains in the next 20 bucks or so of price action. Happy hunting and GLTA!!
NYSE:SHOP
by UnknownUnicorn1314136
$MDB Bet Paying OffMDB As shown in linked idea on MongoDB, it was sitting at a minimum 6:1 risk/reward ratio at open Monday. If you took that trade there, which I did at open, you're currently up around 6% after one day. Has broken out of inner resistance, now headed toward outer resistance at 153 area. If it is able to convincingly break that trendline, it is very possible for this thing to have an extended run as it has every other time it bouyed around the 125 MA. If so, the logarithmic channel top would end up being over 250 per share. I'm an owner of this strong growth stock. Happy hunting and GLTA!!
NASDAQ:MDBLong
by UnknownUnicorn1314136
Remember when I said don't bet against this one??AYX Pure strength. As you can see from the chart, AYX is in the process of breaking out of its lifetime channel resistance. If this is able to hold the breakout this week, the sky is the limit for this thing. No overhead resistance, so only psychological resistances to worry about technically. Usually those come in numbers divisible by 5, so likely looking at 150 first resistance, then 155, and so on. Just a super strong growth stock. Short at your own peril. Happy hunting and GLTA!!
ALong
by UnknownUnicorn1314136
4
$WWE Shark Attack? Improbable, but I'll Bite!!WWE I think this is an outstanding growth stock, but worsening macro conditions in the mid-term may truly bring it down to a level that may very closely fit a bullish shark harmonic pattern. If that does in fact happen, and bear in mind this is a year or so away trade, I will absolutely load the boat with WWE stock sub-40. Again, it could be a bit of a stretch, but it is absolutely in the realm of possibility. Just an observation to put on your back burner. Happy hunting and GLTA!! 1.bp.blogspot.com
W
by UnknownUnicorn1314136
Risk/Reward 6:1 Minimum in MDB Right NowMDB In my previous post (linked) I looked at the way MongoDB previously had reacted to tests of its 125 moving average over its short but super strong lifespan. This is a true growth stock, and is currently in a position to offer a minimum of 6:1 ratio on risk/reward from Friday's close. This is dependent on setting a stop loss below the current uptrend line and channel this stock has ridden on its rise, so around 134.50 should do. On breakout from the current inner resistance, MDB should have very little trouble running to at least its previous ATH 185ish, but just as easily may head all the way back up to the top of its channel near 250ish. RSI is on watch for breaking out of resistance line, and Klinger Oscillator is quickly heading towards bullish entry point when crossing zero line while crossed over bullish. I entered last week at 139.50 as a hold, with stop loss set for now. If it breaks out as I suspect it will, I will use a trail stop instead. If looking for short term gains, I suggest options after the breakout, either up or down. Happy hunting, and GLTA!!
NASDAQ:MDBLong
by UnknownUnicorn1314136
HQY landed in my Buy Zone, as indicated on last postNASDAQ:HQY As noted in last post for HQY (linked) I was looking for 72's to begin accumulating in earnest this under the radar growth monster. I believe this has a very clear path to at least the 90's, and I am looking to add from here to 66 low point. If it gets down to 66 (which it may do with an overall macro downturn) this will be one of the many good buys that corrections open up. Of all the opportunities to be presented then, I will most likely add the most in HQY, DOCU, SFIX, and AYX. All infant growth stocks relatively speaking, but all should have outstanding entry points after a market correction, which I do expect. (See SPY posts; possible 230's by early 2020 imho) I am by no means a bear, but when it walks like a duck and quacks like a duck, its probably a....
NASDAQ:HQYLong
by UnknownUnicorn1314136
Entered my first marked "Buy Zone"NASDAQ:DOCU DocuSign entered my first area marked as a "Buy Zone", and where I had set a limit order. I now own some shares at 44.01, and have set my next limit buy in my second Buy Zone at 36.31. Depending on price action, I will either wait to buy there or add more in this area. Between 40 and 37 is my "No Man's Land" where I would be in limbo. This is a buy based almost solely on growth prospects, as I see the Fintech sector as being a strong leader in the future. One day your grandkids grandkids will have a dollar bill framed on the wall explaining to their kids how people used to have to carry around these dirty pieces of paper everywhere and hand them to other people. (Which they will be thoroughly repulsed by) DOCU is not a fintech company; however it stands to benefit greatly by the rise of fintech through the quick, convenient e-signature that will soon be a staple of all credit agencies/banks wordlwide. There are others inthe same line, but I am placing my bet on this recent IPO to be in its earliest stages of growth. Though the street hated last quarters earnings, the growth shown was staggering nonetheless. I like the company, I love the sector and all the various opportunities it presents. Happy hunting and GLTA!
NASDAQ:DOCULong
by UnknownUnicorn1314136