Waiting for the Swings: WKHS and SHLLRight now, two stocks that I am keeping a close watch on include WKHS and SHLL. I think that WKHS and SHLL should both have a positive swing pattern very soon, and overall I'm bullish. I think resistance and the short sellers are about to pop. That being said, proceed in your own risk. As always, everything I say is on an opinion based basis. Please do your own due diligence.
Stockpicks
ADOM: Easy Consolidation Buildup: Wait for it :)Right now, I think Adom is ready for an even bigger upcoming breakout wedge given the buildup in breaking the resistance curve for many of the bears. I would say it is a definite hold as of now, and that you may see some surprising activity quite soon. That being said, everything I say is on an opinion based basis. Proceed with your own risk and do your own due diligence. Keeping a close watch.
I Expect $SPCB to retrace past June 24 PivotRight now, looking at the charting patterns and the current pivot correlations for SPCB, I think it should retrace past the June 24th pivot and the resistance curve may be broken soon. My sentiment is positive, and I am overall bullish long thinking this might be a good entry for some of you. That being said, everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence. Please don't take this as serious advice warranting actionable financial events.
$MARK Pivot Points Show it: Is it starting to retrace?Right now, looking at the patterns for Remark Holdings, I think it is finally starting to retrace towards another positive wedge. The pivot points indicate the upcoming pattern for a higher pivot and the next wedge, and I feel like a huge gap fill in the charts need to be done. As always, everything I say is on an opinion based basis and invest at your own risk.
BBI is Underrated: Waiting for the BurstLooking at BBI still, I think it is ready to burst. The resistance has been quite much recently, and I think as soon as the resistance curve is broken, it is ready for its next wedge breakout pattern. Right now, I feel like people could only be bearish for far too long and positive sentiment is likely on its way. That being said, everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
Ford may be a Long HoldI have been bullish on Ford for weeks now and keep saying it is underrated. This is because of obvious technical reasons when looking at the fair market value of Ford vs. the market cap. Now you have the Broncos release, e-mustang, and many other things that should basically push Ford to new highs for the year in stock price. That being said, everything I say is on an opinion based basis. Invest at your own risk and do your own due diligence.
ACAD ACADIA PHARMACEUTICALS INC 5X GAINS COMING SOON (HODL)many products releasing soon
Sector: Health Technology
Industry: Biotechnology
Employees: 503
ACADIA Pharmaceuticals, Inc. operates as a biopharmaceutical company focused on the development and commercialization of medicines to address unmet medical needs in central nervous system, or CNS, disorders. The firms product include Nuplazid, which is used for the treatment of hallucinations and delusions associated with Parkinson's disease psychosis. The company was founded by Mark R. Brann on July 16, 1993 and is headquartered in San Diego, CA.
Valuation
Market Capitalization
8.373B
Enterprise Value (MRQ)
5.922B
Enterprise Value/EBITDA (TTM)
—
Total Shares Outstanding (MRQ)
155.861M
Number of Employees
503
Number of Shareholders
26
Price to Earnings Ratio (TTM)
—
Price to Revenue Ratio (TTM)
22.1988
Price to Book (FY)
11.6201
Price to Sales (FY)
22.7131
Balance Sheet
Quick Ratio (MRQ)
7.1997
Current Ratio (MRQ)
7.2630
Debt to Equity Ratio (MRQ)
0.0141
Net Debt (MRQ)
-642.407M
Total Debt (MRQ)
8.999M
Total Assets (MRQ)
747.45M
Operating Metrics
Return on Assets (TTM)
-0.3812
Return on Equity (TTM)
-0.4504
Return on Invested Capital (TTM)
-0.4450
Revenue per Employee (TTM)
674107.3559
Price History
Average Volume (10 day)
1.571M
1-Year Beta
0.7491
52 Week High
58.7200
52 Week Low
21.5600
Dividends
Dividends Paid (FY)
0
Dividends Yield (FY)
0
Dividends per Share (FY)
0
Margins
Net Margin (TTM)
-0.6499
Gross Margin (TTM)
0.9621
Operating Margin (TTM)
-0.6784
Pretax Margin (TTM)
-0.6485
Income Statement
Basic EPS (FY)
-1.5982
Basic EPS (TTM)
-1.5783
EPS Diluted (FY)
-1.5982
Net Income (FY)
-235.259M
EBITDA (TTM)
-245.781M
Gross Profit (MRQ)
86.899M
Gross Profit (FY)
327.732M
Last Year Revenue (FY)
339.076M
Total Revenue (FY)
339.076M
Free Cash Flow (TTM)
-135.258M
Who was here looking at that 80 cent BBI DipBBI is still a long in my opinion. For those of you who don't know, I think the current entry price is still pretty good. Post market recovery, this might start rallying again. Resistance and panic selling already been quite high and the negative positive retracement wedge is likely only to be better given trader's psychology. As always, this is on an opinion based basis. Invest at your own risk and do your own due diligence.
4 Penny Stocks I'm Bullish On: MARK, BBI, ADOM, and SLRXThese are currently 4 penny stocks that I'm bullish on for a potential reentry: $MARK been beaten up alot, and I think the resistance might pop soon for a gap fill. BBI has been mostly bearish and should retrace soon for the next positive wedge. ADOM is a long hold. SLRX is one of those stocks that may be due for even another breakout. As always, please pursue at your own risk. Everything I say is on an opinion based basis. Do your own due diligence.
AC: $21+ CAD Target -> Long Entry Position (Rebounce Eminent)Right now looking at Air Canada, I still think the price is a dip. It will continue support levels soon and at a higher support level, a triggered rebounce for the next positive wedge is likely to happen. I feel like the chart and the fundamentals speak for themselves. That being said, pursue at your own risk. As always, this is on an opinion based basis.
TSLA Beat $1750 Today: Next Long Target is $2100Right now Elon Musk seems to be on a roll with Tesla and the bullish bull run continues. Support levels just seem to be at an all time high. The next price point that I'm hoping for is a target of $2100, likely by the end of November but at this rate it can be at the end of October or September. Nothing surprises me anymore. That being said, this is on an opinion based basis. Pursue at your own risk and do your own due diligence. (As always)
Bullish Entry for PLAY, Next Zig Zag Positive Wedge: $17.50 LongRight now, I think it is low to mid risk to have an entry on PLAY for a $17.50 long target. I think the upcoming wedge in the Zig Zag pattern is likely going to be positive, and it is one of the stocks you can buy and have a close watch on. It already passed the high risk period for bearishness, and the market cap is quite low. As always, this is on an opinion based basis and pursue at your own risk.
CLDR: Ready for even another higher growth wedge?CLDR is in the packaged software sector and focusing on data engineering and analytical solutions. Currently, when looking at what they have, you easily see sector and demand growth. Also, the sentiment is bullish likely pushing this to another much larger positive wedge. I think this may be a decent bet for a long hold. The way they have grown over the years in the heart of Silicon Valley also makes me quite hopeful. As always, this is on an opinion based basis. Invest at your own risk and pursue your own due diligence.
ABIO: Currently looking for a Long EntryFirst off, please don't take anything I say as financial advice and as always everything is on an opinion based basis. Pursue your own due diligence. That being said, ABIO seems to have a decent setup for potentially another bull run quite soon. The resistance curve is about to pop and it looks like this is a close watch as with other stocks I been watching. In my opinion the risk isn't too high given the mostly neutral pattern after the bearish action that happened kicking off June. At that point, the risk got mostly reduced and this price for an entry isn't too bad. It still though is risky.
Keeping a Close Watch on AIMAIM is one of the stocks that have underwhelmed me in performance lately. However given current resistance wedges, I think as an entry point right now it would seem low to mid risk. I believe going in as a long hold, you can expect some positive retracement, and quite possibly a $3.15 price target by end of August. That being said, pursue at your own risk. As always, everything I say is on the basis of opinion.
Look at the Percents: Tesla is Going to be $5k by 2022First off, please don't take anything I say as financial advice or seriously. As always, this is on an opinion based basis. That being said, looking at the sentiment for Tesla, this is literally just the beginning. Elon Musk has a series of launch goals and production quotas still ahead in the Tesla roadmap, and outside of the EV bubble, this stock is still setup to be making some serious cash. With everything going on, Tesla is much more than some electric car company. It is becoming an industrial conglomerate, research firm and alternative energy supplier. They also have ever growing brand equity value.
ML: $2.10 CAD Target by End of OctoberFor those of you who are interested in the lithium surge and want to see a stock that I am quite interested in, I am looking at ML at the Toronto Stock Exchange as having potential for nice and sturdy growth. Right now, I think the bullish run should continue and if I were you, I would likely see how this may end up playing out as a long hold. Ofcourse, you can also mitigate risks by shortening and rebuying, but overall between now and the next upcoming quarter, I expect positive growth correlations. As always, proceed with caution. Invest at your own risk. Everything I say is on an opinion basis as always.
5 Hot Penny Stocks Right Now5 penny stocks that I think are currently hot right now for a long hold are $ADOM, $SPCB, $MBIO, $MARK, and $ML. $ADOM I think will hit $1 quite soon given what has happened from the retracement of short sellers. $SPCB and $MARK got beaten up alot, should see the resistance break quite soon. $MBIO should retrace. $ML should surge given the EV surge. Right now, I'm mostly watching from the sidelines. As always, this is on an opinion based basis. Please proceed with caution or invest at your own risk.
ROKU's Next Level Target: $175 by End of AugustLots of indicators are going crazy with this one, and I seen the past wedges. Many people are also extra bullish given Netflix sentiment. I think realistically, Roku is expected to be on the positive trend level and that $175 by the end of August is a really sustainable and conservative goal. It may be quite high in the green today, but I think the party is just getting started for Roku. That being said, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis.
MAR right now is likely a dipFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. For those who sold off last high like the rest of the pros, congrats! Now it looks like Marriot is at the stock price of a dip, and lowest it can likely go may be $85, but I think it has been beat up quite a bit. I can expect this to likely be in a positive retracement pattern quite soon as it has not been historically that underwhelming. As always, this is on an opinion based basis and not meant to be taken seriously as actionable financial advice. Proceed with caution at your own risk.
SPCE: Level 2 Target is $20+Virgin Galactic is one of those interesting stocks to watch for a potential long hold. It retraced back towards the wedge target I have had in late April where many people shortened it before the dip. This means that since I was correct the first time, it is likely going to be close to a level 2 target where the next big positive wedge should start at the $20+ mark. Anyways, keep a close watch on this. As always, everything I say is on an opinion based basis and not meant to be taken seriously as actionable financial advice.
NVAX: Key Points to Look AtEarlier today, I put a target of at most $115 and later was convinced to do a sell off at $108. Many people thought this would go straight to $150+, but it looks like the positive wedge have peaked. Right now, I currently think the dip will likely be at the $90 price point, but an important factor to consider is closely monitoring movement at the $95 mark. The advanced decline ratio seems to be peaking, and the FIB retracement also showed that it was towards its high point in the morning for the current correlation trend. As always, invest in your own risk and proceed with caution. This is on an opinion based basis.
TSLA: Take Profits, and Wait for the Dip (Pre-Earnings) A recent statement of mind was, "looks like you should take profits and wait for this to dip towards $1150 at least before a potential next wedge retracement. Definitely a great stock long term, but don't want to hold when you can take profits and come back and make more profits. Just my opinion, invest in your own risk.". Right now, I think it is best to take the green, wait for it to do down quite a bit, and probably buy back at a dip prior to the July 22nd earnings call in order to maximize profits. I want to be wrong, but it looks like it reached a tipping point already for its current wedge . As always, this is on an opinion based basis and invest or sell at your own risk.