HOFV oversold at all time low Hall of Fame Resort will develop NFTs to give sports collectors and fans access to exclusive professional football content.
On 1/4/2022 Maxim Group Boosted the Price Target for HOFV from $5.00 to $6.00.
52 Week Range: 0.89 - 7.64
The stock was oversold close to a bullish divergence.
i see a buy opportunity to reach $2.3 short term.
HOFV
$HOFV (REQUESTED ANALYSIS - I hold no position) @carsonusa5 ok… so the first thing that I see is that it has a nice, twice tested support and it looks like it bounced just a little bit above it… so three times tested support. So if you were to add that would be a great place. 3.00 or just a little bit above.
As long as it holds above 3.00 I can see this going up towards the next resistance level, which is at 4.70… It can go higher, but I would expect some resistance there.
That also seems to be supported by the 180 MA, but this is a new stock and there isn’t too much of an MA to work with, but still… that is a moving support that you might want to reference.
If for some crazy reason the market goes south (which I’m not anticipating, it’s just me always being cautious). Then the next support level is down at 1.75.
I’m a big fan of doubling positions (if possible) at support levels. That would be the place to double, for sure.
There is not a whole lot of support in between there, but if you need, I can add a few fib retracement levels if you want. I don’t feel like that’s necessary because of the strong support at 3.00
MacD and RSI look like they support an upward movement.
I have another indicator that I use that shows a buy signal today. It’s one I use a lot.
Over all it’s a nice chart… keep an eye out on the 3.00 level… if it stays above that then it should swing upwards. This is a nice chart. It has a lot going for it.
I hope this helps and I’m rooting for you 🙌🏼 GL
DLPN Dolphin Entertainment we bought the dipDLPN Dolphin Entertainment said it has formed a new division dedicated to designing, producing, releasing and promoting NFTs for the company and its clients, within the film, TV, music, gaming, foods and technology industries. "NFTs, whether as digital art in their own right, or as collectibles, or simply as promotional items, have entered the realm of pop culture and entertainment, which is where Dolphin lives," said Chief Executive Bill O'Dowd. "We expect several upcoming projects and partnerships that will combine our creative and marketing expertise to bring exciting offerings to the NFT marketplace."
Hall of Fame Resort (HOFV) said late Tuesday that the partnership with Dolphin will allow professional football and sports entertainment fans to buy and sell exclusive content developed by HOFV and its partners. (marketwatch.com)
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The 25 stocks weekly portfolio for February 22-26, 2021Although the last week for the first time my recommended portfolio underperformed and ended the week with -3.74 loss, so far I had 5 positive week out of 6 in 2021.( major indexes had 3 out of 6). Cumulative return of my recommended portfolios was 61.17% in the past 6 weeks.
This is my action plan for next week based on new sentiment in the market!
1- AAL
2- ABNB
3- ATI
4-BAC
5- C
6- DAL
7- DFS
8- GE
9- HOFV
10- HSTO
11- JPM
12- JWN
13- LYFT
14- M
15- OBLN
16- PLX
17- PROG
18- RKT
19- SABR
20- SAVE
21- SCHW
22- TRIP
23- UAL
24- USB
25- XM
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