$RMO we hit and quit for a 18% gain*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On November 2, 2021 my team entered lithium-ion battery company Romeo Power $RMO at $4.45 per share. Our first take profit was set at $5.25.
$RMO released their 3rd quarter earnings report today after market close. In this report they reported a loss of $0.20 per share on revenue of $5.8 million. After this announcement $RMO experienced a very brief price jump to $5.70, but since then it has trickled back down to $4.78 per share.
My teams first take profit was hit post-market at $5.25 per share today. We sold all of our shares at $5.25 as we anticipate $RMO to stay within the $4-$6 range until they get around to announcing their 4th quarter earnings. We believe that this price range is a fair estimate, however this could change on the drop of really good or bad news.
We still believe in $RMO long-term, however we did not have enough sentiment to continue holding once our first take profit was hit today.
My team has made a gain of 18% from this trade.
Congrats to those of you who took this trade with us.
ENTRY: $4.45
TAKE PROFIT 1 (HIT): $5.25
TAKE PROFIT 2: $7.00
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TECH
RBLXUpdate on RBLX since yesterdays post.. now trying to hold onto previous resistance as support and if it does so will see much higher.
$ESTC: Netherlands Data ManagementStrong momentum setup here with ESTC, going to be watching potential break outs next week
$ROKU | WEEKLY WATCHLIST 11/15Looks very similar to the PayPal chart with a high risk/reward setup here. IF the $270 level holds, we may have put in a major low. Looking for a break above falling wedge resistance to confirm my bullish thesis. May enter a starter position this week.
$PYPL | WEEKLY WATCHLIST 11/15After successfully holding the CRITICAL support level last week, we saw strength come in on Friday. I believe this is just the beginning of something much much larger. I am already positioned long and looking for higher towards the $220+ region this week as long as the lows hold.
$OSTK | WEEKLY WATCHLIST 11/15Almost time to enter this one!!! Expecting one last small dip to satisfy my bull thesis. I will be buying this dip as long as we hold my levels. This should be a fun one!
$MU | WEEKLY WATCHLIST 11/15 Not much has changed for me here. Still a very significant wedge breakout. However, I need to see a small wave 2 dip for me to buy into this for a swing. Staying patient on this one until risk/reward is in our favor.
GOOGL new ATH incomingSetting up nicely for another leg higher towards ATH,
Ideally, we want to see another pullback towards 2870 - 2880 zone before a push/break
$AMZN | WEEKLY WATCHLIST 11/15Looking to continue basing here to complete the wave 4 pullback. Above $3605 confirms the start of the next impulsive wave up.
$AAPL | WEEKLY WATCHLIST 11/15We've seen this diagonal resistance before... Waiting for a move >$153 to confirm my bull thesis and enter a long swing. Targeting the $157 region above.
RBLXGood play nonetheless to hold in the long term portfolio. Will mostly continue to grow with the way these kids love their video games and games that can involve creativity.
Long since 100$. Targets 120-140$.
MSFT idea #3Consolidating at top of downward channel and looking like an inverse head & shoulders pattern.
Looking to enter long above channel.
$ZIP: The New Economy?ZIP announced great earnings today and potentially has a lot of tail winds in front of them. I believe the company is one of the best positioned to take on the new kind of labor market. Good luck traders!
$TONR New Domain Reg / Upcoming Merger and Twitter Updated PT $1$TONR Management has a Roadmap that will likely take this stock to around a $1 sometime next year given the numerous catalysts to name a few:
1. Debt Cancellation
2. Share Cancellation
3. Reverse Merger
4. OTCQB
Their old twitter and Facebook were removed today and OTCM was updated with the new twitter
twitter.com
twitter.com
A New Domain was also registered today as well:
www.whois.com
Roadmap:
twitter.com
$MU | UPDATEChart looking really good so far on this breakout! Waiting for a possible retest to get me into a long swing position. Being patient here and hoping it pays off.
$F | UPDATEWe have successfully predicted this ENTIRE move since the initial falling wedge breakout resulting in a 56% move on the stock.
If you took the suggested options play, here are the potential gains: F 14C 11/19 @0.65 -> 6.0 or over 800% gain!
Congrats if you played.
$TSLA | UpdateWow! So amazing to see Tesla finally reaching our wave 3 target after lots of patience. Looks like we are now in a corrective wave 4 with the bearish move recently. Dip buys possible in $975-1000 region... but be patient and wait for confirmation.
Ultimate target: $1415
$ROKU | WEEKLY WATCHLIST 11/8Key level to watch here is $272. We must hold this level else I see a further drop on this one. Risk/reward here is good.
$NFLX | WEEKLY WATCHLIST 11/8Netflix is one of the few counts I have that look to have a potential significant local top put in. Looking for a corrective wave 4 to take place here and would be very healthy for the stock. Wait for confirmation first.
$MU | WEEKLY WATCHLIST 11/8Monthly cup and handle forming, this is a long-term view. Nice falling wedge breakout looking for upside from here.
$GOOGL | WEEKLY WATCHLIST 11/8Risk/reward here is quite low for upside. If you aren't already in from when I shared Google before, I would wait for a pullback to enter long.
NAS100 NEW ATH 16368! NAS HAS BEEN ALL GAS NO BREAKS FOR THE LAST 30 DAYS (Q4 BULL RUN)
Tech is at an all time high world wide with WFH continuing as well as vaccine mandates that have citizens returning to office.
The recent crypto run can be said to be a fuel to the NAS fire. TESLA going to 1K+ is another great indicator of a healthy nas bullish trend.
I would love to see a slight pullback to my blue liquidity box 15600s before the rocket to 16300s!
OCT was all green for NAS with a full-body close with no top wick.
Currently 450 points away from this short term goal. Does nas want 17-18K to close 2021?
(NAS IS UP 3400 YTD)
Let's all buy a metric shit ton of $CRM and get rich.This is a chart of $CRM. The bars pattern is of $FTNT. You can do this with $ADBE and a number of other tech stocks as well. You'll probably notice $ADBE is leading, I'm betting $CRM will follow. Both will catch up to $FTNT.
The structure is ready, we've been drawing this bull flag forever. We've lost all hope in stocks. Biden flushed everyone out that is scared of a little tax bump but only poors worry about taxes... they sold the bottom. It's time.
