Weekly Watchlist 9/7 - 9/10Here is what stocks we are watching for this week!
NASDAQ:MRNA
Looking for a $420 breakout with targets of $425 and $430
NYSE:NIO
Nice bullflag showing here, looking for a break over $41 with targets of $42 and $43
NASDAQ:ROKU
Currently sitting a major trend resistance, we are looking for a move over $346 with targets of $348, $350 and $352
MRNA
Moderna is choosing the ascending channelIt is not a prediction. This stock has chosen its channel (BULLISH).
What's your opinion about $MRNA? What's your PT? Your comments are welcome.
##############
Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
PFE - FDA approval rumour next week FDA approval rumour after hours on friday, which lifted the stock up 4% and BNTX up 6%. There was bullish call activity all last week in Sept and Dec 50 / 55 Call expirations. PFE broke out of all time highs with volume and then backtested that line. Trendline is showing support from July. Look for continuation next week.
This is called WSB effect..!The goal of this article is to explain the Wallstreet Bets methods.
I believe all the market participants should be aware of their effects on the market and how they could derail any asset from a normal movement.
Let's look at some of their manipulations first:
1- NASDAQ:MVST
2- NASDAQ:WISH
3- NYSE:SPCE
4- NYSE:NIO
5- NASDAQ:FORD
6- NASDAQ:AMD
7- NASDAQ:MRNA
8- NASDAQ:NVDA
9- NASDAQ:TSLA
10- NASDAQ:AAPL
11- NYSE:PFE
At this point, you must be able to see the similarities between charts and also group them into 2 different categories!
Cluster 1: Small caps
Cluster 2: Big caps
In cluster 1: they usually target 100% or above
In cluster 2: The bigger the market cap of that company the smaller the wave they could push.
The big question is Are they predictable?
I believe their movement especially on the Topside could be predicted with acceptable accuracy if you know how to monitor their money injection.
Let's review some of my published analysis about their plays:
August 17, 2021, one day before manipulation ends:
NYSE:PFE
August 10th, 2021, right at the last day!
NASDAQ:MRNA
August 4th, right at the last day..!
AMD
Defining the hypothesis:
1-The Wall Street Bets phenomenon could be a very smart Algorithmic Trading Platform that creates bullish and bearish rallies by smart money injection or withdrawal, and it is not a group of "Apes".
2- Their target prices could be predictable using Option trades data
3- Their pattern of behavior is not Pump and Dump, but it is "Dump-Pump-Dump"
4- Most of their plays were in the ARK Invest's ETFs weeks or months ago.
I do not want to make this post very long, so I encourage my followers to read this article and looking at the charts carefully.
I will share my findings of WSB in future posts.
Moshkelgosha
MRNA8.18.21 MRNA: One of my students and I were having another unplanned mentoring session and follow-up on a futures trade. Then I asked her if she had looked at MRNA, and she hadn't, but she would have if she had had used alerts. It is important to use alerts to help you manage your time and your energy. On this video I will show you the sequence that my student and I went through from the first visit over a week ago... to this current time in the market: a "mini" mentoring session as she prepares to leave the nest to make some good money from the market.
Moderna Analysis 18.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
_____________________________________________________________________________________________________________________________________________________________________
AUPH BREAKOUTBULLISH WEDGE
Been brewing since FDA approval of Voclosporin. Lots of reasons to speculate a buyout or possible merger with recent voluntary delisting from the TSX and remaining on NYSE. Excellent setup to be a cash cow. Target Price of $35 be EOY playing Oct Calls. PFE and MRNA are LOADED with cash and you know they're sniffing out opportunities and would love to hear your thoughts and positions on this!
MRNA. surely its a good RR short into earnings (with puts)MRNA is in absolute beast mode.
I dont understand it.
I know its market cap and i know its revenue and i know its one product.
I understand anything can happen, even if its 2x overvalued it can still go up 2x more but i think its a good RR short into earnings tomorrow
Will use 370 puts at current price of $2.80 at 3pm
I think they are cheap given the potential
Even if they beat earnings etc it could still go down due to the parabolic nature.of the pump
.
Wall Street Bets Conquers The Stock Market..!It may sound ridiculous, but it is an undeniable reality.
WSB's most recent plays AMD and MRNA passed SPY in trading value on their picks!
Why this phenomenon could be important?
I usually sort the market based on volume price which shows the money fellow and is way better than volume. While volume gives you the information about the individual stocks, volume price gives you the opportunity to compare different assets.
SPY has had the highest Trading value (volume*price) in the almost entire trading year with 600 billion dollars!
SPY Fund Summary
The investment seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the Index), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.
August 4th, 2021:
AMD a 150 B market cap company traded 26.7 B on the same day SPY trade value was 19.5 B.
August 9th, 2021:
Moderna a 195 B dollars market cap company traded 20.5 b, on the same day SPY trade value was 18.2 B.
But another example could be Tesla,
On January 25th, 2021:
tesal reached its all times high 900 and traded 36B dollar while SPY traded 27 Billion dollars on the same day.
How to use this information???
Check the top 10 WSB's plays..!
You can use this information (trading value passed SPY price volume) to detect the last day of Wallstreet bets last positive day in their major plays!
Pric Volume*Price of WSB play (meme stock) > SPY trading volume Price, after a sharp rally and trading volume increased >200% in 3 days, possible end of manipulation!
For other minor plays you can use other criterias:
If after a sharp rally a +30% in 1-4 weeks, and in 3 consecutive days volume increased more than 200%, it is highly likely that days is the last day for WSB play.
Example:
PFE:
Do not Forget shorting against their plays is very risky..!
Retail gamblers lifesavings got ... katapulted away!This virtual e-commerce company with virtual profits let everyone know how many millions they lost yesterday / this night.
This is what happens when bad investors refuse to cut their losses. Now here we go with "class action lawsuit" whining.
And today in "I put a bunch of tech catch words together which doesn't mean anything but attract suckers" awards, I present:
"With Katapult, you get a cutting-edge lease to own option built for you, with no credit required. You can apply using our intuitive online process in-store or at home while shopping online. Our flexible pay-over-time options coordinate with your pay dates. So, you can make payments when you have the cash."
In todays best rektage, there are a few other examples.
Metromile
The investors most certainly are not smiling here
You may note how it consistently retraces to around 61.8% before the big fall.
I don't do stocks, or not much, maybe I should, I wish I knew about these free money garbage companies.
But I do know about GME, it was on the news and all. And it too has potential, with lots of bagholders.
Those companies are troll shell companies with
- NO PROFIT
- NO MARKET
- NO GROWTH POTENTIAL
- NO PURPOSE (OTHER THAN SCAM BAGHOLDERS)
- NO USEFULNESS TO SOCIETY
The kind of company that goes up is obvious. Here. Pfizer is at all time high already! Simple.
Gamestop went up because of the short squeeze and that is long over. There are no shorts left (there are but less than 1/10 of what used to be).
The trolls holding now are 100% irrational. They have loss aversion and that's it.
By the way, Moderna is the best performing "asset" this year.
It is the best performing stock in the S&P 500 AND it's price to earnings is still cheap.
MRNA Moderna analysts price targets On 7/15/2021 Jefferies Financial Group brokerage Boosted the Price Target from Positive to Hold from $170.00 to $250.00
On 5/7/2021 Morgan Stanley brokerage Lowered the Price Target to Equal Weight from $201.00 to $190.00
On 5/7/2021 The Goldman Sachs Group brokerage Boosted the Price Target to Buy from $206.00 to $228.00
My price target for MRNA is the Fib 0.382 level: 365usd
I am looking forward to read your price target.
RNA tech inaugurates the new Kondratiev biotech cycleModerna up $75 in a single day damn. $90 since I bought.
Didn't buy at 346 when I posted about it but at the bottom of the pullback a bit below 400 on friday.
More and more people are accepting the vaccine, and new shots are coming.
And regular retail "dumb money", the one that creates bubble, has not paid attention to PFE & MRNA yet (somehow). These companies are more famous now than Coca-Cola or Bitcoin. The bubble has not even started yet. It is going to go GME.
I've been saying that vaccine hesitancy was U shape with the morons on the left of the IQ curve not trusting it for silly reason, and the gifted on the right of the IQ bell not trusting it for valid reason & being misunderstood. I was dead right!
I have also been saying that the propaganda was so stupid only morons would fall for it. Right again 🙃.
Now scientifically proven!
I'm not saying the vaccine is dangerous, just that the smartest people are the more skepticals, the ones that think for themselves and that don't just mindlessly follow what some celebrity says. There are plenty of reasons why they might be skepticals not just a "lizard psyops" (that's what the authorities tell to high school dropouts to get them to take the shot AND IT WORKS THEY FALL FOR THAT).
And my guess is, and I am very certainly right again, that the PHDs hesistant are mostly the more healthy ones, with the old & fat having a better risk to reward taking it (even if we do not know for sure what the risks actually are, there is no stop loss here).
So the most hesistant group is the PHDs, followed by (at the time) the "rednecks" (high school degree or less), and of course who is the least hesitant group? Bachelor & Master degrees. The dead average normies that think they are smart "I stoodid! I am edookataid!", the typical clueless idiot parrots that think they are smart for mindlessly repeating what they are told. Universities suck, no idea why the US doesn't follow the french system, China did. In the US it's even pay to win. Kids want the gov to spend more for their university so they can have fun.
Science has proven I was right about the propaganda only working with morons:
Vaccine hesitancy among the high school and less has gone, between January and May, from 35% to 20%. Meanwhile the PHDs hesitancy actually WENT UP! Lmao pesky nerds, it went from ~23% to 25% in May.
www.medrxiv.org
Fortunately for my investment the vast majority is convinced and will keep purchasing new vaccines and "booster shots" some hypocondriacs are even breaking the law to get several booster shots! Take as many as you want, as long as you (via the government) pay for them :)
And fortunately for my investment, the ignorant high school dropouts are literally too stupid to read let alone understand the FUD written by these pesky hesitant PHDs. But when a celibrity wearing a clown nose burps and farts and tells them the vaccine will make them normal they listen, when the media says that people that don't get the vaccine are silly flat earthers they fall for it, when the media tells them they should vaccinate their 3 year old because of some magical reason they listen, when they say the vaccine is efficient BUT not efficient if other people don't take it BUT it's efficient after all because you won't make a "serious" case BUT other people still have to take it because it could mutate into a more serious version so you have to pressure other people to take it they listen and they can't figure out they're preparing public opinion for more vaccines in the near future.
Pretty amazing that the constant hammering of propaganda, of every single trick in the books has ZERO effect on PHDS, no it even has a slight negative effect (maybe a few can be tricked by reverse psychology or something? Just annoy them enough till they hate you so much they do the opposite of what you claim you want), and the high school dropouts massively fall for childish first degree tricks that are so obvious they sometimes make me blush.
It's actually useless to try and warn people of the risk.
1- High IQs will only change their minds if they find rational evidence, and if there is evidence about something they'll know about it.
Plus they are arrogant c***s that think they're smarter than everyone else (because they are) and don't listen to anything anyone "probably inferior" says and are super stubborn. Easy to be confident when you have something to back it up with.
2- The mindless spineless sheep in the middle will mindlessly follow anything anyone screaming loud enough says, they wouldn't want to lose their average normie repetitive desk job. Their greatest fear is looking stupid because they know they aren't smart enough to understand all the intricacies and put their balls on the table (assert themselves) and say they know best than "the scientists" (wheareas the scientists can obviously), while they also know they are smarter than the low IQs they despise and fear being mistaken with. There is probably a lot of Dunning-Kruger effect going on in here too, with this group being smart enough to understand 2-3 things, but not smart enough to understand the whole picture and know that they don't know what they don't know.
3- The "in difficulty" group, the low IQs, well they have a natural distrust of science not sure why, I don't know because I didn't study it because I don't care about this group, I don't care because they have no money and therefore no money to lose to me and even if they sometimes have some even Bitcoin is too solid an investment for them they rather lose it in a regular (obvious) "2% a day" ponzi. I don't know. What I know is they fall for childish manipulation tactics, their whole life they've let someone else do the thinking for them, and they are the fuel to this rocket ship. And to be fair I don't despise them like I despise 2, but if they grow a third arm and drop dead big deal, not like we don't have enough deadweights on welfare. We got an ample supply of those, not to worry. What we are missing are more doctors, more inventors, more independant thinkers.
We have to fight against the minsinformation! These scary FUD tactics are causing potential clients to hesitate 😠.
It's not a "new experiment method" my own father was working on it (against cancer) when I was a baby. It's older than me.
If people would just sponteanously combust we would know it.
The hesitancy is more subtle than that, nothing regular folks should worry their little heads about 🙂
One of the reason why it's good to have a few individuals not take it is so we have a group to compare to.
Rather than whine about conflicts of interests, come and profit from it, get your piece of the pie 🤑
TrendyTrades: MRNA Bearish Harami MRNA has been on fire lately. I wouldn't be too shocked if it just continues to rip but based off TA, I could see a Bearish Harami pattern on the Daily T/F and that signals a reversal. I can see a 38% retracement pull back to the .618 fix extension level for another leg up.
MRNA tells you the real story of the last year!Look at that parabolic move on the Weekly chart of Moderna. This one chart tells you whats really been going on this last 18 months.
Remember when earlier this year we had EU & US politicians trying to undermine the AZN UK/Swe vaccine? Why? Because it was sold at cost as opposed to Moderna and Pfizers vaccines which sold for profit. Those politicians need those campaign dollars for re-election!
Last week we had both Moderna and Pfizer raise the prices of the Covid 19 Vaccine Shots. The next day or so we heard Western Governments talking about how we'd all need to be taking 6 monthly booster shots of the vaccine. Any coincidence there perchance?
Well you can see what impact all that has had on the MRNA share price. A 5-8 fold increase in the last 12-18 months. Nice work if you bought in early.
These vaccine stocks don't care about market weaknessBoth Moderna and BioNTech are breaking out today on the daily time frame.
The relative strength in these vaccine stocks is something to pay attention to.
Not sure if it means anything for Covid, but with the resurgence of cases making headlines on TV again, we might see continued strength in these names. Breakouts have not been working recently, but the r/r looks good for either of these with a stop below today's low.
New Price volume Leaders..!AMD: 26.7 B
MRNA: 13.5 B
HOOD: 12.3 B
TSLA: 12 B
AAPL: 8.2 B
AMZN: 7.3 B
BNTX:5.6 B
FB: 5 B
NVDA: 4.6 B
MSFT: 4.6 B
BABA: 4.4 b
AMD+MRNA+HOOD (52.7)B > TSLA+AAPL+AMZN+BNTX+FB+NVDA+MSFT+BABA(51.7 B)
It's only when the tide goes out that you learn who has been swimming naked. (Warren Buffett)
NRXP | in search for the next MRNA After a perfect touch of the .618 Fib retracement level, now NRXP is ready to aim higher!
Get ready for action!
My first price target is 35usd.
Today NRx was granted Fast Track Designation by the U.S. Food and Drug Administration for ZYESAMI (aviptadil) for the treatment of Critical COVID-19 with respiratory failure!
NRx Pharmaceuticals has also a Partnership with the Israel Institute for Biological Research to Complete Development and Commercialization of BriLife COVID Vaccine.
NRx Pharmaceuticals has Successful Commercial Formulation for ZYESAMI (aviptadil) and Stockpiling of COVID-19 Medication Subject to Regulatory Approval.
ZYESAMI Helps Prevent "Cytokine Storm" in Patients with COVID-19