SLGG - the new gaming platform, we are scalping it for 3 daysSLGG :
Love this stock! it’s a sneak attack!
Fundamentals :
Gaming platform that will monetize on the amateur to pro gamers by ads, tournaments, and eventually with subscription base. The gamers world is valued at 15B at the moment and if they will get 10% of that sector to pay as little as 5$ per month that could be massive -but that is very far of where they are at this point of time.
They have collaboration with big names such as Fortnite, Clash Royale, battleground.
They have media partners like Nick, twitch, Netflix, Instagram and sony.
They have 5M monthly hours of viewers engagements, 2.4M members on social media and 3M subscribers.
There is a lot of potential in this company and can be the next DraftKings of gaming world or the next Netflix of paid streaming.
Let's talk technicals :
1. first we have a steady strong trend up for 90 days with 77% rise, that took place between 3rd of Dec till 25th of Feb. that showed stability growth on catalyst!
2. Massive jump-started on the 1st of march – hate seeing that cause that took our stability away and put us in hype mode – prob the Reddit pump…
3. RSI overbought but has bit more left in it
4. VWAP at 5.6 – not good pullback to that area probably today!
5. Needless to say ADX is trending strong
6. Notice POC level is exactly on the 50% line (if you put only the relevant price action in the chart after the jump)
What now?
So now we have a jump of another 108% in 1.5 days of trading – not great! that means the drop will be just as massive – we will need to have a pullback to 5.3 (50%) in order to enter again and trade it stable..
Meantime we will just scalp it with a tight S/L and wait for the drop
Once drop happens we will see a 5.3 support level and we need to watch closely to see if it breaks that level down – if it does it cannot go below 4.6! if 4.6 is crossed we will see a gap fill all the way to 4.00
Which then I plan to buy the dip and go big! (not a recommendation!)
If we don’t see a break on the 50% line (5.3) we will converge on that level and start seeing an uptrend with stability towards the 7$ again – WE NEED TO conquer the 7$ stable for this stock to rally on.
The union is long on this stock because of catalyst and not because of a pump or anything else I think this stock can be worth over 30$ in less then a years time.
Volume analysis :
3 months avg : 2.56M
Gap up jump : 27M !!!
Yesterday trading session: 9M
The last 3 days of trading : 3.7M
Meaning volume is way higher and showing stability of hype in the stock in the last 3 days and if volume stays around 3M and above stock will keep trending (can be a massive trend down also -volume is not a bul or bear its just showing interest don’t forget that !)
FREE FLOAT: 18M
Not too small, not big !
Short interest -21% (460,000 from 584,900)
Short lowered since catalyst is big so bears pulled back – a good sign for more upside room till they will enter again
An important point to look at :
So Jung Mark a director in the company has bought over 9 times in 2019 and currently holding over 50k shares.
Trade safe and be safe! see you on the other side of the bear market, and stay strong!
SILVER ON THE GLOBAL RISE - LONG Dear viewers, followers, silver lovers, reddit traders, all in one (we are together)
Thank you for taking your time to read the information, that i am sharing with you all for free and backed by available research on internet.
Firstly, i will take the credit of being the early retailer that get into SLV last year in april when prices were hovering around $14, you can go back on my tradingview profile to read that idea.
I understand i will be questioned for this, but i simply am just using publicly available information, my countless hours of study and reading history to back up my idea on SILVER LONG.
Here we go!
Silver has been manipulated both ends, that being said Silver has been manipulated when it was "short" and as well when it was "long". But why?
The answer to that made me dig deep in to silver history from 1980's to 2021.
Silver is globally used in industrial sectors, recently in the last 10 years it became an important element in Automotive and Technology. Jewellery market consumption for silver is relevantly low as Gold is highly consumed in jewellery market, apart then that Gold just sit under a tight vault in banks.
From 1994 (the year i was born), silver reserve metric (q) was around 420,000 MT, in which after 2 years it raised to 1,570,000 MT, a staggering rise in mining sector around mexico, peru, bolivia, china and the rest of total 59 countries that produces silver around the world. America has by far being the biggest importer for silver since 1990's ever since gold standards were lift off by President Nixon.
During the early rise of computer and dot com boom, Silver met a giant rise in year 2000 to 1,860,000 MT and right after 2 years it dropped down to 430,000 MT. Since year 2002, Silver never went back up in reserve above 600,000 MT, which means the last time we ever had a lot of Silver available for consumption was year "2000".
Fast forward today in 2021, Silver reserve has shrunk down to between 570,000 MT to the lowest 400,000 MT. (WHAT DOES THAT MEAN) take a guess!
We have been running short on Silver since year 2004, price remained super cheap for Silver as low we saw $12 per oz in 2020 to the higher of $48 per oz in 2011 during Obama tenure.
Why recently Reddit Community have been pulling strings on going Long on Silver? Because historically it doesn't make any sense for the 15-1 ratio btw SLV & GOLD.
Meanwhile Gold remains all time high at $2075 in 2020 and Silver at $30 (2021)
Why is SILVER CHEAP? when other commodities are expensive?
Take a good guess?
From technical point of view, we have seen strong price manipulation since 1st of february 2021 when reddit pumped in over $230 million of contracts and hit new highs, and right after that it was dumped in the same direction by big banks, it could be JP Morgan or Someone out there leasing silver to private institutions for dumping (aka short squeeze). I HATE THIS GREEDY MOVE but theres nothing we can do about it, they are scared that we are all notbaly understanding the undervalued precious metal. This will EXPOSE everything about everything!
CURRENTLY ONLY 500,000 MILLION OF SILVER IN RESERVE IS AVAILABLE! (SUPPLY CHAIN) was over since 2004, but banks purposely kept the value for silver low (idk) for what BS reason.
The law of supply/demand that was stamped by Buffet in early 90's, Buffet was super big on SLV but until he found timid pressure, he had to sell off his positions. BUFFET WAS BIG SINCE 90'S.
"NUMBERS DON'T LIE" BUT THE BANKS CAN LIE
There's so much i can share about Silver, but i guess for that we will have to keep the conversation private.
Feel free to reach out to me, if you believe in Silver and it has been manipulated!
SILVER LONG
Entry: $25-$26
SL: $23.5-$24
TP1: $30
TP2: $32
TP3: TO THE MOON! ($100-$300) per oz
TP4: WEALTH FORVER (IM SURE YOU KNOW WHAT I MEAN)
🎮 Esports Entertaiment: Lets gamble with GMBL to $48Hi mates, momentum rising on NASDAQ:GMBL significantly here and could be similar sentiment here like at NYSE:GME
$GME CFO is resigning, effective next month.GameStop’s Board Pushed CFO Out to Speed Up Strategic Shift
GameStop said Chief Financial Officer Jim Bell is resigning, effective next month.
The board and management pushed Bell out to make way for a new finance chief who shares their vision of transforming GameStop from a brick-and-mortar retailer into an e-commerce company, according to a person with knowledge of the situation who asked not to be identified. Bell didn’t respond to a request for comment.
An executive search firm has been engaged to find a finance chief with “the capabilities and qualifications to help accelerate GameStop’s transformation,” the company said Tuesday.
The Grapevine, Texas-based retailer is undertaking a strategic review, largely the result of pressure from board member Ryan Cohen, who bought about 13% of the shares and became the company’s largest individual investor. The former head of pet-supply provider Chewy has pushed GameStop to become a more direct competitor to Amazon.com Inc. He won three seats on the company’s board earlier this year.
“Mr. Bell’s resignation was not because of any disagreement with the company on any matter relating to the company’s operations, policies or practices, including accounting principles and practices,” the company said in a filing. The company declined to comment.
SRNE - Beginning of third wave, maybe..As long as the company continues to provide decent news and progress, I believe this pattern will prove itself.
The market went down hard at yesterday's session and recovered strongly, I believe that SRNE weak hands were washed out in that move and now it will be easier for it to move towards the highs.
If the volume goes down and the price will move sideways/down for more than a week than consider the plan cancelled.
$AMC can reopen theaters at limited capacity (25%) next monthjumped Monday after Gov. Andrew Cuomo said cinemas in New York City can reopen at limited capacity (25%) next month.
Masks and assigned seating will be required, Cuomo said, and movie theaters will need to follow the state ventilation standards.
New York is reporting a 13% decline in new COVID-19 cases with a weekly average of 7,400, CNBC reported.
Movie theaters were among the many businesses forced to close their doors at the outset of the pandemic in an effort to curb the spread of the coronavirus
As of November, AMC said it had resumed operations at 530 of its 600 U.S. theaters, with limited seating capacities of between 20% and 40%.
AMC is still one of the volume leaders in the stock market, as retail investors continue to reiterate "they like the stock" as it was a top-five volume leader Monday.
In October, AMC had warned that it could run out of cash by year's end or early next year as it struggles through the coronavirus pandemic. But in late January, the company raised $917 million in debt and equity and its CEO said that bankruptcy is “off the table.”
www.thestreet.com
ARRY bull thesis Connected to small street bets
/r/smallstreetbets/comments/lqx7u0/array_technologies_inc_nasd_arry_a_solar_pureplay
$BTC Short 4hr TF Fibonacci, Supports & ResistancesQuick Bitcoin short after a failed backtest of ~$54,000 support turned resistance. MACD divergence and declining W%R from overbought were confirming indicators to take the trade. A break of support of the ascending channel led me to believe that continuation of to the next support level was impending. That level was the ~$46,000 3.618 fibonacci extension from ~$10,000. A bounce off of that support led me to take profit and ladder my exit at ~46,500.
>16% ROI without leverage.
Check out my other published ideas and trades I took.
[STOCK] The Technicals Behind Tesla (Trading Plan) #4This is an update of my previous Tesla Trading Ideas. Please review the past ideas to get an idea of applicating chart patterns to the market.
The price of the Tesla stock broke out of the Descending Horizontal Channel and recently made a swing low at the previous low.
I'm starting to place my buy orders across the book - $600 and $550 is where most of my money will be. This is a long term trade for me.
I expect an accumulation pattern (like previously in the triangle) after the downtrend is loosing the momentum.
cheers,
Ares
AMC looking to retest some areasAMC looking to retest 9s maybe even 10s depending on how earnings fomo and overreactions go. not any kind of advice just an observation and a personal reasoning of why im long at low 7's and holding for 9s-10s at a minimum with a stop at 5.50.
1st AMC has a bag of cash from share sells in january.
2nd AMC is opening 25% capacity in NY and more and more of nation opening up.
3rd AMC has a viable option to pivot to streaming, networks, or even event hosting spaces.
4th all of the above are better off than where they are at today and been at for the last few months.
5th and final, the chart speaks. The TA says it all... uptrending momentum, macd, volume, price. Cant believe earnings will be so bad with 300 mil cash on hand this time around.
🏛GAMESTOP 2.0❗️VIX SHORT SQUEEZE COMING↗️LONG🚀
☑️VIX is trading above a strong daily level
From where is typically surges Up sharply
There are two falling resistance levels ahead
If first one gets broken the second will be retested
Why short squeeze? The short float is at its record highs on VIX
According to Morgan Stanley A record flow of retail investors are flooding into VIX ETF's
While the number of short positions from institutions is at its pre-covid levels
Long VIX idea is circulating around Reddit trading community
And as the short selling became the new target for the mass retail investor
A sudden surge of long positions might trigger a massive short squeeze
With higher and higher call options strikes on VIX ETF's being triggered
And more inflows into the ETF following to cover the calls
And the ETF's buying VIX contracts responding to the inflows of cash into ETF's
That will create a vicious cycle and we might see a significant repricing of the S&P500 options as a result
With many institutions hurting massively, more so than from the Game Stop surge.
LONG!
✅Like and subscribe to never miss a new idea!✅
$GEIN Continues Its Uptrend Ahead of 1:10 F/S and Name Change$GEIN Will do the following:
1. To amend the Company’s Articles of Incorporation, as amended (the “Articles”) to change our corporate name from Genesys Industries, Inc. to Forza Innovations Inc. (the “Name Change”);
2. To amend the Articles to increase the number of authorized shares of Class A Common Stock we may issue from 100,000,000 to 700,000,000 (the “Share Increase”);
3. To increase the number of the Company's total issued and outstanding shares of Class A Common Stock by conducting a forward stock split at the rate of 10 shares every 1 share currently issued and outstanding (the “Forward Split”).
Why $AVGR skyrocketed in 2021?Avinger (NASDAQ:AVGR) is seeing a massive boost to its stock on Friday after being listed as a hot penny stock to buy on Robinhood.
The recent interest in AVGR stock comes after PennyStock.com published an article about its top penny stock picks for January 2021. Avinger takes the top spot on that list with a price target of $1, which represents a 53% premium to its closing price on Thursday.
Avinger launched Tigereye in a limited release in the U.S. and Germany in the fourth quarter of 2020.
The company is planning to expand its release of the medical device in the U.S. in the first quarter of 2021.
This will have it reaching a full commercial distribution of Tigereye during this period with a national launch taking place this month.
finance.yahoo.com
Why $DOGZ Skyrocketed YesterdayWhy $DOGZ Skyrocketed Yesterday
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
$DOGZ shares were buoyed — thanks to discussions and speculation on Twitter and Twitter hashtags at the start of the month..
$PETZ skyrockets on a burst of mentions on Reddit and StockTwitsTDH Holdings $PETZ skyrockets on heavy volume on a burst of mentions on Reddit and StockTwits over the last day.
$GME - God Tier Prediction #1'st Leg of the SqueezeThis will literally happen. It's only the first leg of the squeeze.
I'll draw the second leg of the squeeze 20 days in.
You're welcome.
Positions at 235 and at 50.
The easiest short of your lifeI dont know who came up with the DOGE pump and dump but boy did this one go.
Even Elon Musk helped inflate this bubble. What you see here is basically a rerun of 2017/2018 when brand new investors flocked into whatever coin the "people" were buying. DOGE is not "the peoples coin." If your seasoned in crypto you understand that Doge holders are majority 4chan users. This coin is potentially the worst coin to attempt some valliant GME long term rally as it was originally the crypto communities stablecoin before the likes of Tether and BUSD.
But nonetheless its 10x in value and is showing signs of a top with majority of dumb emotional money being contained within the very top segment of the price range. If price increases back into this range the emotional traders sell their positions to alleviate the fear they just felt of being underwater. The price would require huge buy orders to push through this, any volunteers? Didnt think so. Everyone that is wanting to buy DOGE has bought DOGE. Its over. this is the top.
SILJ - LONG!SILJ is currently moving in an ascending triangle. We believe a breakout is very close. Fundamentally, Silver is looking very strong so we believe the breakout will be to the upside (targets are shown in the chart). External factors are out of our control so if for some reason Silver starts breaking down, $13.50 would be the first large support. Other than that, we believe the odds are in our favor. Trade smart, stay safe. - HH
AMCWhat a shitty day across the board. SNDl hurts too. With that said. I’m still here with All my positions. AMC... idk what to say anymore I bought the 5.5 2/19 C for 60$ close to close.
But I’m fine with losing 60$ if it comes to it
Why, you ask? This must rampant market speculation. And it is... but, something interesting developed on the daily.
For my TA professors, correct me if I’m wrong, but It looks like we just finished printing a triple inside day.
If that’s what it is, this could possibly mean it’s gearing up for a large move. The fact the last 2 daily’s are slightly bullish is hopeful. But at this point I would be surprised by nothing. G/l all
$VMHG Mega Yacht and Speedboat Broker Co. Breaks Out PT $10Victory Yacht Sales is a world class yacht sales, brokerage and consulting firm with over 25 years of experience in the boating industry.
victoryyachts.com
Two of Victory's listed upcoming builds the 2023 Bloemsma
victoryyachts.com
And the 2024 Centauro
victoryyachts.com
Both have a similar futuristic design to Motor Yacht A which sold for $350,000,000 a few years ago
en.wikipedia.org(motor_yacht)
Some of the Mega Yachts where the prices are known don't go for cheap either like the Illusion Plus which goes for $145,000,000
victoryyachts.com
And there are over 4,000 similar listings to those Mega Yachts on their website
The company also sells smaller local yachts located in South Florida near the company's yacht and boating HQ
such as the $2.8 Mil Johnson
victoryyachts.com
The company also sells speed, racing and fishing vessels at their HQ in Miami.
More recently the company tagged another company $MPX in a tweet:
twitter.com
Marine Products Corp.
This company HQ in Atlanta is a $2.6 Billion dollar NYSE company and is currently trading at $19
www.marineproductscorp.com
News is said to be coming soon on $VMHG, will it have something to do with $MPX? One can only assume. Yet the chances are good.
The company has also tweeted that they are the exclusive dealer of Robalo and Chaparral Boats in Costa Rica:
twitter.com
Giving them a large advantageous footprint in that area.
Did you like
$CMGR .05 to $18
$NXMH .05 to $14
I'm thinking $VMHG will be the third huge mover for 2021
Personal PT: $10
$DOGE $DOGE.X Clearing Through Resistance Levels Towards $5+$DOGE Has garnered major support and attention the last couple months from many notable celebrities including; Elon Musk, Snoop Dogg, Mark Cuban, Gene Simmons, Mr. Beast, Keemstar, Mia Khalifa, Lil Yachty, Soulja Boy, Akon and many many others.
There are also the WSB, Reddit and TikTok armies that have been pushing to get the token up to $1 however I believe it will go much higher just be the share number of growing interest daily and weekly.
It is possible for it to hit $5-$10
Elon Musk has stated multiple times that he would love to see the token which was started as a joke to mock digital currencies become the E-currency of the world, taking $BTC's top spot.
And we all know that whatever Elon puts his mind to he accomplishes.
He has numerous projects dedicated to changing the world and building what he sees is the future of mankind in the next couple decades.
Tesla also recently purchased $1.5 Billion worth of $BTC. Who knows if they are also purchasing $DOGE and have not disclosed it yet, if Elon himself bought $DOGE he also would not have to disclose that to the public.
$DOGE has entered the Top 10 Currency listing and it didn't take long for it to happen.
The sheer size of the outstanding coins will make it relatively easy to take $BTC's spot if it gets way beyond the $1 range. After that, FOMO from the public will begin to kick in and it could get crazy from there.
I do own $DOGE and remain positively bullish for the foreseeable future until it is at $1 or higher.
