Stockstrading
Decent Dip Entry for CAPR: Buy Alert!Right now, I am confident enough to say that CAPR is due for a likely reentry. I believe that it has been recently oversold and the bearish correlation is about to have its resistance popped quite soon. The upswing potential is there. That being said, please proceed with caution and invest at your own risk. As always, everything I say is on an opinion based basis not meant to be taken seriously as actionable financial advice. Do your own due diligence.
Why I called Short on FSLY Yesterday and think it will hit <$85Aftermarket, I noticed that FSLY had a largely bearish correlation for the day. I expected it to continue to the next day given that it has been having a consistent bull run for quite a while. When a bull run is too long and people are way too overly optimistic for the earnings, what can one expect? Now I think the price may bottom out close to the $85 price point. That being said, there is still low to mid risk entering now given it may start a retracement correlation pattern. However, I would likely call this a short given safer bets are out there for dips. That being said, please proceed with caution. Everything I say is on an opinion based basis. Do your own due diligence and invest at your own risk.
My Favorite After Hours Dip: Immenent Retrace???My entry for wedge #2 was $1.76. PT target is $3.08. Right now, I expect a positive retracement given the massive selloff was towards the bottom floor and the pattern last earnings call. Once support levels pick up, this will retest and retrace closer towards today's opening. If I'm right, very large profit turnovers for those who get the dip. That being said, everything I say is on an opinion based basis. Please proceed with caution and do your own due diligence. Keep a close watch.
Get Ready for the CBL BreakoutCBL is one of those stock finds where from the outside, it has been beaten up alot. If you want to talk about somebody that was hit from Covid, CBL is one of those stocks. The real estate market, especially when looking at malls and commercial spaces, isn't doing so good. That being said, I think as a long entry, the risk isn't too high given $0.17 is around a neutral point. This could pick some positive support levels and continue growing, and likely when key resistance is popped, you can see a large profit turnover opportunity. That being said, everything I say is on an opinion based basis. Please proceed with cation and invest at your own risk. Do your own due diligence.
On My Options List: GDEN and MARKRight now two stocks on my options trading list is GDEN and MARK. GDEN is a stock that I expect to gain some more support levels, and MARK is having reversals of lots of the bearishness done towards the stock. Right now, I'm confident enough given I see people doing some bids on them and I feel like it may be a decent entry point. That being said, please do your own due diligence. Everything I say is on an opinion based basis not meant to be taken as actionable advice. Proceed with caution, and do your research.
$MSFT has peaked$MSFT reached the high and a top of the steep resistance line 218 then fiercely broke the rising trendline and triangle consolidation making a strong case for the downside reversal sand a test of 190 for a complete breakout. Remember losing strength here is not a good sign for bulls as well as this selling pressure and rejection.
SPX500USD - Plan to reach ATHS&P500 looks nice. After a successful retest of 3200, it continues to rise. And with all this Fed stimulus I think it aimed at 3370 and will get there.
If we get a wick into 3220 - 3250 area (link on 30 Jan 2020) it would be a great entry point.
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
$7 Long Target for Sava Post-EarningsRight now, I am hoping for Quarter 3 that Sava has some positive news. I'm realistically expecting in the next bullish wedge, that Sava could actually surpass the $5.50 mark and that even $7 may still be a cheap target for it. It is obviously a close watch for many people right now. That being said, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.