Top Shareholders leaving CRCTop shareholders of CRC have recently reduced there holdings.
1. GoldenTree Asset Management who owns 15,579,032 shares levelled holdings by a large 20.415% decrease
2. Ares Management who holds 14,788,286 shares have recently reduce there holdings by 14.64%
What could this mean?
--> Well to put it simply it may just be profit taking as Ares bought more shares around $30
--> Minimising positions. It is well known California is turning to green energy and the government is showing for support.
--> Stigma has also increased for oil due to media portrayal however the world is not ready to depart from oil so really it could be typically play of talking the talk and not walking the walk.
Insider
TKAT- Gamble on the NFT crazeGambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017.
Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today.
TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock possesses.
Volume has retraced more than 66% since it reached its record on Wed. It seems to me that TKAT is at beginning of the distribution stage.
Short interest is low and market is irrational so I'm not ruling out a modest correction followed by the continuation.
Game plan: Market buy 1/5, then fill out the rest in the demand zone.
TKAT is volatile. DO your own due diligence. Not the investment advice.
DDOG move into EarningsDDOG is pretty much a stock that runs independent to the overall market. At times it can be manipulated, and vast amount of insider selling happens often.
One thing I have noticed with the stock when it comes to insider selling, it is constant but can be somewhat deciphered when looking into the SEC form 4 filings.
Most of the insiders use an algorithm based selling strategy. They decide how many shares they want to sell that day and the algorithm triggers trades throughout the trading day.
If you look at the filed form 4's, when the algorithm does not trigger enough trades to sell all of the requested shares, it has traditionally meant that the algorithm isn't triggering many strongly sold areas of resistance. Indicating that the stock is showing strength and is likely but not guaranteed to continue to increase in price in the following days.
Another thing to look for is amount and timing of the insider selling.
-for instance the CFO Agarwal Amit usually sells his shares on Wednesday's, usually second Wednesday of the month in the amount of 22,500 shares. In the past, when he reports selling shares on a day other than Wednesday it usually indicates an upcoming volatility of share price. If he sells more than his 22,500, it may show that insiders are looking to take some additional profit while the stock price is nearing anticipated highs.
-additionally the CEO and CTO normally sell their shares the first week of each month, in the same manner.
All time highs have also had the tendency to be hit on a Tuesday leading into a Wednesday sell-off.
I would be surprised if DDOG doesn't make a run to challenge upper $90's in the near future. A rejection of a bounce back leaves the stock with room to trail down into the low 70's and potentially further into the mid 60's
Bearish fears looming or are traders losing there edge??After this thoroughly rough week i have noticed that among traders on the ASX fear looms have been spreading, from untrusty discord chats all the way to journalist articles. However market movements to the downside are just as normal as bullish days. In fact they are often needed to bring the market and all who trades back to reality.
This post is to do outline the possibilities of the future and what traders may come to expect. Of course this is not financial advice and what I say should only be taken as a grain of salt.
I will mention both Technical analysis features aswell as Fundamental.
In regards to technical analysis the ASX 200 tells a variety of stories and possibility's.
For example it appears the market is forming an ascending triangle, and for all those that trade this pattern it is well known that once price action breaks the triangle it will determine the future price direction.
Therefore if the price breaks above the top of the triangle it can be said it will result in a bullish run, likewise a break on the bottom on the triangle singles a drop in price.
What I take from this that within the upcoming weeks will determine the direction of the market so "only time will tell".
In regards to resistance and support levels I would say there multiple significant levels that will need to be broken for future market movement.
As shown below if the upcoming market is bullish I would only confirm this once the price level "6851.5" is broken and then treated as a support level. My reasoning for this is the past months have struggled staying above this level and can inhibit the progression of the post crash bull run.
A final significant level I would outline as a key support level will be "6370 " this level has not been broken since the march crash and has only been broken with strong price action. These levels will be posted below for clarity
Despite what retail investors have been saying it appears that a bearish outlook is not all round as the XVI is at "normal" levels and does not show any signs of distress or volatility.
Which brings me to a hypothesis that the noise I hear is actually new traders who have a lack of experience in the market being distressed with "red days".
To do with fundamental research from looking at director transactions a large majority have been buying stocks in moderately large volume. Where as of the time i am writing this there is a current 1:11 sell vs buy ratio. What this tells me inside investors have little fear of what the market outlook is and rather care about the quality of the company.
Overall I have a neutral outlook on the Australian Market where a trend in either direction will be no surprise. As a trader we should focus on trading what we know and sticking to well developed thought out plans.
I hope this can benefit traders like myself. If you found my brief research helpful a like will be much appreciated :)
HKG_50 Insider IdeaHey traders.
The Asian session saw heavy losses after an overnight rise in bond yields which increased fear of yet another crash during the US session.
Markets in China, Japan, South Korea lost more than 2% during their regular trading hours. I don't expect a sell-out across all sectors at Wall Street today (it will be more likely concentrated in "higher risk assets/stocks" / the technology / consumer good sectors) but I expect investors to increasingly bring money home , in particulary from investments that are considered more risky - such as foreign investments.
Alibaba and other Chinese giants are heavily dumbey by US investors. It will be hard for the Hang Seng to turn around on Monday, unless Wall Street has a stellar perfomance today. Even if the US Stimulus package goes through the House today, it will still need to pass the US Senate next week, which can only happen after the Asian session on Monday is in the books.
I expect also further losses in after-hours trading in Hong Kong, which will continue to put pressure on the Hang-Seng.
Hope everyone are fine, good trading:)
Entered XPENG long. EV stocks had their time to correct.
Now it's reversal time, so let's long this baby.
RSI is so oversold the cyclical phase must begin. ATH is a definite possibility.
Inside ownership also re-instills faith all the big boys are in this great stock,
Blackrock, Goldman, JP, Shaw, CS, and finally big Mr. BABA.
Let the chart speak for itself.
(Disclaimer)
(This is not financial advice, just my opinion) NYSE:XPEV
My CRVS Price TargetsHello all,
As you all may have noticed from doing your research that there has been a quantifiable spike in insider buying by the President and Director of Orbimed Advisors.
On February 17th, 2021 there was an Initial Public Offering at $3.50/share.
I have not made any extensive due diligence on the company yet, solely interested in the high amount of shares bought up by insiders.
Thank you
SRGA insider buying - LONGSRGA has tried and failed to break/hold the 1.70 area 3 separate times suggesting it's time for the stock to start going back up. 4 of it's board members bought large sums of SRGA today totaling of 5 million altogether.
I've taken a small starter position on it. Let's see where she ends up by the end of next week and reassess.
SPX's Daily Purchase/Sale filing for directors/officers ***The legendary Fidelity Investments manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” this guys is just simply smart.
***Beautiful data presented here very useful for long investors . Simple strategy, with every consideration you would usually take , just buy after these guys start buying : -) .
***No success rate here, just extremes reading here that's all
*** I wish Tradingview would add this to their indicators.
-------------------------------------------
***Trigger line to start watching for, for buying, is reading above 300:
-----------------------------------------
Date Reading
Mar, 16 2020 465
Aug, 10 2011 357
Mar, 10 2009 356
Dec, 1 2008 302
Nov, 28 2008 606
Oct, 14 2008 306
Nov, 13 2007 307
Nov, 20 2007 329
Aug, 6 2007 303
-----------------------------------------------------------------
***Trigger line to start watching for, for buying, reading between 200-300 :
------------------------------------------------
March 2, 2020 207
Dec, 11-26 2018 204*217* 229*220*226
Nov, 21 2018 215
Nov, 13 2018 250
Nov, 14 2016 217
Nov, 12 2015 202
Aug, 24 2015 239
Nov, 13 2012 220
Nov 12, 2009 204
Aug, 17 2007 295
May 11, 2004 212
May, 4 2004 216
----------------------------------------------------
***Selling reading above 400 are reflected here Red Arrows
DJI Throwover ImminentPerhaps 650 pips left in the rally; perhaps not, pure gamble up here IMO; perhaps Monday 12/7 brings exhaustion gap?
A final parabolic surge might push index near 31k before it cascades... don't be long when it breaks!
Look how the MFI wanes as price creeps up the wedge; a clear EW appeared in the MFI during the November runup.
RSI diverges but ofc can still go overbought. All depends on whether the stim package gets done, or bogged down again.
Volume on latest pump is low, even less than the end pump in August.
A pullback to the S/R line around 28K is likely within days or a few weeks at most, IMO. Smart money is taking chips off table.
Outflows in November from insiders were record flows; MOMO crowd pumps new money in, old money flowed out.
Just an idea, not investment advice; trade at your own risk, GLTA!!
NVAX- Dark horse in the vaccine raceNo one can predict the result of NVAX's phase 3 trial. However, I don't count out any potential winners in the vaccine race even though now it seems very likely that NVAX won't be the first one to distribute vaccines at massive scale.
That being said, as long as the result of phase 3 trial isn't a complete failure, I think the crowd frenzy will keep pushing NVAX's price up.
To be on the safe side, I would market buy 33% of my overall position and limit buy the remaining in the demand zone.
Just my opinion. Not the investment advice.
$MX can rise in the next daysContextual immersion trading strategy idea.
MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications.
The share price rose after announcing the director of the company, Camillo Martino, bought shares for more than $100,000.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $12,67;
stop-loss — $11,92.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!