Opendoor Is the Future Amazon of the $1.6 Trillion Real EstateOpendoor is an e-commerce platform where consumers can buy, sell and view homes online. For all intents and purposes, Opendoor is the future Amazon of the real estate market — and this $1.6 trillion market is ripe for significant and widespread digital disruption over the next 10 to 15 years. Amid this disruption, Opendoor will grow by leaps and bounds, and IPOB stock will soar like AMZN stock has soared over the past 10 to 15 years.
Credit: Luke Lango, InvestorPlace Senior Investment Analyst
Potential
Gut feeling based analysisSooo, I have bin looking in to #SENS for a while now. And came to the conclusion that this company is sitting on a gold mine. I tried to understand why this company still haven't taken off. Is it because of the short's, or is it a PR issue? I am really lost and would love any idea any one could share with me
USD/JPY Potential long ideaAs we can see on the 4H timeframe the directional bias of USD/JPY is bullish. This structure has been creating higher highs and higher lows since last week. During this week, price has formed its way into a corrective structure where price has failed to make higher highs to continue the bullish momentum. However, we have not broken key levels to suggest a reversal to the downside so my outlook is still bullish. As a price action trader I focus on trading with the trend rather than anticipating a reversal, so I will be looking for price to break above the key level to confirm bullish sentiment is still in the market. However, in order for me to take this trade I will have to see price pullback and respect the key level before taking the trade to the upside targeting a 3R Trade.
USD/JPY - Will we see this break?Another test of that upside pending for USD/JPY today. Keep an eye on this pair traders. It will give us a great indication of longer term USD movements across all currency pairs. More information? Just direct message me and I'll do my best to get back to you all!
Happy Trading!
GBPUSD Daily Timeframe Analyze Strong Resistance Potential dropI have got a daily analyze on GBPUSD with a strong resistance I want to see a drop down and a retracement after that a strong pull to the downside. we do have an uptrend but we have a consolidation during the upside and the trend is getting weaker as it reaches to the previous resistance.
Can the DT take power over GU?Eyes are still very much on this pair.
No opportunity presented itself last week, but at the moment we have a nice and clean potential double top forming. Naturally, we need to see this neckline taken out before we can trade it. The double top itself (although it cannot be classified as divergence) is showing significant signs of weakening, through the MACD and the physical price action itself.
This channel has divergence through out its formation adding further confirmation to this bias. The targets for this potential DT sit directly on the bottom of the channel, this could mean that this channel is not even finished, and we can possibly only trade the targets that are presenting themselves... the DT.
Its possible we may get a flag en route to the DT's targets, this could give a clue as to whether the channel bottom will hold, or break.
The bottom of this channel also sits just above a weekly trend level.
I am looking for shorts based off the break of the DT neckline @ 1.319. I would then like to see the channel centre taken out as we can clearly see that this level seems to hold a strong relevance.
Near - Bullish Days AheadNear is hyped as the Ethereum Killer in the market. I would say it's very early to make predictions on this coin, But I am bullish on this coin.
Near ICO was done in 3 phases, i.e. 0.40$ with 40 days lockup period, 0.34$ with 1 year linear release and 0.29$ with 2 years linear release. There are some strong holders of this coin. and if you had checked out mine recent Bitcoin analysis. I am seeing high probability of 13K in near future.
Add some NEAR tokens in your portfolio. This can give you some good profits.
THE NEW GOLD - WAITING.There is a new gold in the world. Yes - that's right! Most people don't know about it. It's lying dormant and about to take of, in my estimation.
In this chart I show - mainly for investor interest - 5 graphene stocks. Nobody seems to want them at this point in time. But what do you know about graphenes? Most people know nothing. For total transparency, I have no pecuniary interests or investments in these companies (as yet). In keeping with the house rules I am promoting none of these highlighted. This post is largely educational.
Well, for electric bikes and cars, to aeroplanes that are on the horizon - graphene, a super-powerful and versatile material, is about to rise in demand. If you're a serious investor, you'll be jumping on the net to search the several uses of graphenes and technology developments.
Let's step back a bit. In the midst of the COVID crisis, we saw the rise of tech, biotech and game industries. So think - what's gonna happen after COVID? The world is already moving swiftly away from petroleum based energy sources into renewable energies and the rise of 'electricity'. All this is likely to accelerate. Do that research.
A few new developments are:
1 - Graphene batteries
2 - Graphene super-capacitors that will enhance current Lithium batteries, prolonging their life by up to 4 times.
3 - A new range of graphene conductors.
4 - Super-strong materials made from graphenes.
There are dozens and dozens of graphene stocks lying dormant at this time. My job here is not to make any recommendations or give advice. I'm only raising awareness.
Once COVID is either conquered or controlled, investments into uses of graphene are expected to rocket.
As you can see in the recent price fluctuations, interest is beginning to bubble in these stocks.
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Most Promising Q4 SPAC Play, potential to repeat SHLL and DPHC.Hennessy Capital Corp IV NASDAQ:HCAC , as the name suggests is the 4th time this management team has helped a company go public in 6 years. However with 2020 SPAC market being as wild as it is, it has become hard to differentiate the good SPAC's from the poor. When Hennessy Capital announced its target as the Los Angeles based Electric Vehicle subscription company Canoo, it was met with a lot of disappointment from investors who were expecting other, more established companies. 2 months ago, Canoo was seen as that company most people had only seen on Jay Leno as a group of awkward people with a millennial targeted van they are trying to sell on a subscription model, not to mention the hideous looks, but what most investors ignored was the Skateboard platform that caught the eyes of Hyundai almost a year ago. Since then however, Canoo has shifted its focus to its skateboard platform and showcased the possibilities it can lead to. It's only a matter of time before the potential of this young EV startup is no longer hidden behind the Van and volume start picking up.
Another area where Canoo has seen the lots of potential is the Last Mile Delivery industry, which is possibly the greatest source of revenue in the future for this company.
PRICE TARGETS
October 30th 2020: $14 with warrants trading at $4.75
November 20th 2020: $19 with warrants trading at $9
December 11th 2020: $25 with warrants trading at $13
What makes SPACs such a safe play is the NAV of $10 at which you can redeem your share prior to the merger, limiting any potential losses significantly.
Always keep in mind those are price targets based off of the success of solid SPACs from this year and are not guarantees. Any money you invest is your own financial decision and you should always do your own due diligence.
Uber Potential Breakout, Target $52After a March all-time low (ATL) under $20 a share, UBER took a strong bounce back to the $30 range and looks to be in a consolidation pattern.
Special note: There is still much room to the downside that may need to be cleared out. However, the scale and diversity of Uber's product line and growth strategy do have potential. Should UBER post a profitable quarter, this would take off.
Strategy for a price move down:
Suggestion to set buy ladders at the support lines and Fibonacci retracement. Weight buy orders more heavily to the lower ranges .5 and .786, etc.
Strategy for a price move up:
Resistance exists around the $38-40 mark. If we see a breakout to these levels with strong volume candles, we would call this confirmation, take a big order, set our stop loss at $35, and take small profits at $50-55 while remaining in the stock. Use this strategy to further reduce your average cost.
Elliot wave theory suggests that if we breakout we would be in a wave 3 of 5, which tends to be the longest breakout. Given the potential momentum for a name like UBER we would likely hold in that future scenario.
Should either of the above 2 scenarios materialize, we can confirm our strategies and regroup to map out the next potential move up. It
I presently give UBER a HOLD rating, with a lean to BUY if only to hold a small position to take advantage of either move.
NOTE: ALWAYS TAKE A STOP LOSS IF YOU ARE TRADING A SHORT TIME RANGE WITH LIMITED FUNDS.
Disclaimer: I am not a professional and am self-taught. My charts are made for my own education to improve my trading strategies over time. I am always open to feedback or being pointed in the direction of resources to up my game. Thank you!
Potential EU 1:40Dollar weakness to continue!?
4 Hourly OB, Weekly 50% and all the liquidity is stacking. Massive targets, will be a long hold but if we can get in and hold it will be for sure worth it. Reason I'm choosing the lower OB is the confluence of the weekly and buying at a discount rather than premium.
An alternative way to play $GWGR and $IIPR. #420FA,
- 6.8% dividend
- $IIPR 10% weighting
- $GWGR 9.56% weighting
- Cannabis > alcohol
- Cannabis has the potential to disrupt big tobacco
- Lower stigma + more acceptance in society
- Gary Vee
TA,
- Reversing long term downtrend
-Daily MACD cross
- Short term moving average crossover
Nice play to get exposure to $IIPR and $GWGR.
Let's go 'Higher'.
Reasons to buy DGTX in this dumpIt appears there was a huge dump in DGTX after yesterday's event end. About 30% is a lot, but I am convinced that it is just temporary. 200 MA is holding and the development of the exchange token continues. It's zero-fee structure and ladder trading are strong aces to beat Bybit, Bitmex and any similar exchange which might exist now or in the future.
Honestly, the dump surprised me a lot and I will be withdrawing my Btc from Bybit and converting to DGTX. Let's look at a few pros:
►No fee trading, just peer to peer. Exchange lives off selling tokens with 5% tip.
►Legit marketing.
►Exchange built by a real trader endorsed by Altcoin Daily, Ivan on Tech and other serious crypto influencers.
►All they have enabled is BTC/USD. They have ambitions to expand into other crypto pairs as well as gold and forex once they have the liquidity.
►Most importantly, it hasn't been listed on any major exchange yet . In some cases, it is due to lack of public API which is going live soon enough. In other cases, it might be the history with 2 abortive launches when the product wasn't fully flashed and the creators decided to delay losing a little trust each time. I am positive it will eventually get listed on Binance and other.
►It is unlikely it will drop further since current price was reachable long before 3rd launch was announced.
I think we should thank those who dumped DGTX, so we can get it cheap. But I must admit I am a little biased. I own DGTX and I haven't foreseen this dump to sell in advance of the event's end. I also won their merchandise during the stream.
Good luck. Have a great trade!
INS: Only high growth stock that's not being pumped up yet?FA,
Renaissance Technologies(Jim Simons) owns 2%
Insider ownership 27.5%
Forward PE 16.2
ROI 29%
EPS past 5Y 60.1%, Sales past 5Y 52%. P/E<Growth
Sales QOQ 12.9%
Gross margin 63%(improving consistently), Net margin 28%
Price/Sales 7.95
Free cash flow growing.
Analyst target =50 (don't believe them, just for reference)
Quick ratio = 4.20
Debt/equity= 0.06
TA,
Weekly support(Purple) at 29
Ascending triangle forming
Bollinger band daily bottom
RSI bottoming and reversing up(daily)
Negatives,
Recent insider selling
The trend is down (Moving averages heading down)
MACD still trending down.
Entry: 29
TP1: 36
TP2: 39