$EBAY a BuyTechnical:
- Fib retracement (not shown) shows a good entry point.
- Support held last quarter (dashed line), though it broke before recent earnings only to come back again.
- Fib extensions (shown on graph) are good exit points though this this a long term hold because of growth potential and dividends.
Fundamentals
- EPS growing exponentially since 2005.
- PE Ratio under 4 for a tech company is very low.
MEME
$CPRI: Continues to stun the marketWith another massive earnings beat, the market continues to find value in this name that was getting beaten up long before COVID. Should be interesting to see if CPRI can continue to impress into holiday season and beyond.
Q2 2021 Highlights
Revenue increased 178%, with better than anticipated results across all three luxury houses
Adjusted gross margin expanded 90 basis points versus prior year
Adjusted operating margin of 20.8%
Adjusted earnings per share of $1.42
Raised full year adjusted earnings per share outlook to $4.50
TLMD - CHANNEL BOTTOM + FALLING WEDGE = BOOM GOES THE DYNAMITEAll,
This is a crazy crazy setup. WW here for sure. Needs to hold this bottom. Easily worth taking a long here stop loss or not. Id probably not take a stop loss because sooooo many times it dips below all time low and support bottom falls 5-10% then moons. Happens literally all the time.
I know not a high volume stock, but if this is right you can long hold for at least 20-40% gain if not more.
MUST hold support and/or small dip under otherwise invalidated. HOWEVER following the falling wedge fails as well dips down and STILL in the falling wedge is fine just follow the # of attempts hitting falling wedge wall afte 3 rejections should be end of that. So either way this setup will blow up soon or easy to follow after.
AMC - Bullish Butterfly - Swing Trade + 3 TargetsThe Butterfly is one of my favorite Harmonic Patterns for a nice long position. Low Risk with potential High Reward! =)
I don't think the Fundamentals are going to hold it down this season.
Low Risk Entry: < $35
Targets : 15% 30% 50%
Stop Loss: 5%
MEME Stock
Going to accept Bitcoin
Class A Bullish Divergence on the Daily time frame
Uuii UbisoftBuying points:
-trend line from July,15
-strong support at 51.14€
-MACD: MA lines extremely under average
-RSI: oversold
Selling points:
-all SMAs above the price
-MACD shows negative momentum
Fundamentals
-selling pressure bc of bad earnings of the gaming industry (take-two)
-seasonal summer impact -> people are more outside, fewer sales
-guidance of next earnings: meh
Conclusion
Technically the stock has a great potential to bounce back to a certain level which I think is 59-60€. So, with a tight stop loss, we are looking for a 17% return.
My strategy, in this case, is to sell the stock when it hits SMAs like 50 or 100 (main goal 100).
You could argue that the share has the chance to get to the upper downtrend line but the fundamentals do not support this theory, not in the short-mid term.
Short opportunities could arrive after we go under the trend and support line (full daily closed candle). This would become approximately 20% down to the next support line of 40€.
As all ways, I try my best to calculate the best risk/reward ratio. If you like my analysis you can follow for more quality content.
FIGS - LOOKING FOR $46 - Great FinancialsAll,
Firstly, FIGS is THE hot commodity in the healthcare sector. All major doctors, dentists, surgeons love and buy only FIGS no joke. They are a high quality brand and actually a decent company. FIGS looks ready to pop on confluence support here and wedge. We will see, keep an eye out. See financials below, but I would consider them undervalued here by about $5-$10. I could see FIGS at some point in time being near $100 stock if they keep up their revenue and hype with healthcare workers.
Entry #1: now 5% stop
Entry #2: break of wedge w/ trailing stop
Entry #3: wait for wedge break and see what happens on previous channel retest fail (late entry on break 40-41$ vs now.
Could also of couse go down so do your DD
Financials (Almost all good)
**High ROE: FIGS's Return on Equity (49.9%) is considered outstanding.
PE--
PE vs Industry: FIGS is good value based on its PE Ratio (11x) compared to the US Medical Equipment industry average (48.9x).
PE vs Market: FIGS is good value based on its PE Ratio (11x) compared to the US market (17.9x).
ER/Revenue--
Earnings vs Savings Rate: FIGS's forecast earnings growth (40.2% per year) is above the savings rate (2%).
Earnings vs Market: FIGS's earnings (40.2% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FIGS's revenue (27.6% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: FIGS's revenue (27.6% per year) is forecast to grow faster than 20% per year.
Debt--
Short Term Liabilities: FIGS's short term assets ($146.3M) exceed its short term liabilities ($43.4M).
Long Term Liabilities: FIGS's short term assets ($146.3M) exceed its long term liabilities ($3.6M).
$NAKD is shark, head and shoulder, and Vshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
tp1=1.6 BC=$27
tp2=0.88 XA=$38
tp3=1.13 XA=$141
tp4=2.24 BC=$267
$WISH July Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $WISH on 6/15/21 at $11.30 per share.
Today my team is averaging up on $WISH at $11.77 per share. Our first take profit remains at $18.
My team is keeping any upcoming posts short and sweet due to upcoming market volatility within the next few weeks. My team busted ass to prepare for the summer markets of 2021.
Kick off is here...our players are in position...
We're just simply showing you the money.
FIRST ENTRY: $11.30
2ND ENTRY: $11.77
TAKE PROFIT: $18
STOP LOSS: $9.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
ABCL - WW - SMALL OTM OPTIONSAll, ABCL in a pretty solid spot here imo. Definitely need conformation of bottom here, candle looks to be a reversal possibly. I would look at 17-20$ calls OTM longer term or leveraged stock position hold long with a very tight stop loss. Could drop one more level. Just watch, slap some alerts on it but ABCL definitely imo worth 20-22.
IBM CONFLUENCE RESISTANCE - GAP ABOVE - ALL IN ON IBMAll,
I think IBM is primed to breakout big time downtrend is almost broken and would regain a lost massive support of an uptrend. If this gaps or breaks above I kid you not I will be closing other positions and going long call options with 2-3 month expiration on this and scale in every dip this could hit 180s with ease after breaking.
KURA - UPDATE - ON LONG TERM SUPPORT CONFLUENCEAll,
I think previouis post I had my lines slightly off which of course makes a difference I think we are on confluence support and beyond oversold/downtrend has to at least pop somewhat in my opiniong even if its $4-5. Looking for a bounce soon between weekly/daily change then getting 5-10 OTM options for calls or could do it now with maybe Aug/Sept.
PENN - WAIT AND SEE BIG MOVE UP OR DOWNAll,
PENN is WW here. I need a break both ways to enter unless you want to do a 1:1 ratio short puts to calls same timeframe or short term PUTS and long term calls 2:1 (bullsih bias) overall. Personally just would wait and see.
Bullish Bias- Positive ER not necessarily factored in yet due to downtrend / resistance. Would need to do a ltitle more digging on fundamentals to see if it was already over priced, but has alreadyh came down a bit to begin with. SEMI more bull biased, but see bearish bias.
Bearish Bias- Broke important trend AND looks like a H&S on Daily.
No Apes in this Jungle - AMCThis is pretty savage. The Tiktok and Socktwits promoters likely had no mercy on their followers.
I expect a quick pop retest but that's only going to provide more liquidity for the short side to enjoy more gains.
Be careful who you follow. No one should ever promise you profits.