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Trinityalex

SNAPchat... this is madnessFor a company that never had a profit, actually with increasing losses with time, SNAP has really gained a lot of stock uplift the past year. More than doubling in "value". Frankly, Snapchat is quite a nice app, nice to use some funny filters for a few minutes once in a while. But their revenue scheme needs an overhaul. If in their previous quarterly reports they even had quite a bit of help from the pandemic situation in the world, and they still couldn't post a profit. This time I think that it may become a bit ugly for them. I can't say for sure what makes it rise, when all the numbers show otherwise. Either there are some very rich guys out there playing some sort of short squeeze, or millions of young investors see it as a good opportunity. Unfortunately, my opinion of it, with their current revenue scheme, is that it is a bit useless. Therefore today I opened a small short position pre-earnings. Maybe I'm right, maybe I'm wrong. I just wanted to share my thoughts with other people who possibly know better than me and who would like to share me theirs.
NYSE:SNAPShort
by TrinityAlex
7
Tesla, possible dangerTesls's next earnings date is Oct 21. I believe Tesla might have sold quite well in this period in China, but I am really doubtful about sales in the rest of the world. Some slightly bad recent publicity might also affect Q4 sales (roof blown off on the highway, suspension failures at high speed). The bottom line is that I really like this company, within one year they will probably surpass 600, but I think that their next two quarterly reports will not be so good. They need to get their quality control together, and also ramp up efficiency at their repair centers, it's unacceptable to wait 2+ months due to a damaged rim or bumper panel (Europe). My investment strategy will focus on what happens in the days right before earnings report. If the stock drops below the black "earnings report line", I will close my positions and short it (very small amount, it's highly risky to short Tesla).
NASDAQ:TSLAShort
by TrinityAlex
7
AMD will surpass 95 within 15 days Yesterday AMD presented their new CPU's. All was practically in line with general expectations for a new generation of Ryzen processors (actually, somewhat better than expected, 19% better instead of 15%). At the end of their CPU presentation, they also showed a glimpse of their BigNavi card, together with some good benchmark numbers. Now their official reveal date is 28 of October, they still have time to tweak the cards some more, so I am expecting quite good results. Mostly due to FOMO, the price was pushed higher than what I had anticipated. Therefore, the pre-market price has suffered a significant drop (82 at the moment of writing). I cannot fathom AMD dropping below 79.5. I will begin buying the moment market opens, and will continue to add to my position as/if it will go lower. If nothing unexpected happens, AMD will reach 110 before Christmas. I adjusted my previous analysis due to newly available information.
NASDAQ:AMDLong
by TrinityAlex
6
AMD out of the descending channel, only way is upI was expecting AMD to rise much earlier, but external influences hammered down all tech stocks for the past two weeks. From what I can see, the downward channel that AMD was locked in, is now surpassed. It should now stabilize towards the 85 area where it had previously encountered resistance. Depending on the Big Navi leaks and expectations, the price should fluctuate, I expect a push towards 95 as we get nearer towards their upcoming event on Oct. 28. If AMD will bring real competition against nVidia's 3080 cards, I expect the stock will reach a price above 100 before Christmas. BUT, if AMD won't be able to show a real performance uplift from previous generations, it might cause the stock to plummet back down into the 80's.
NASDAQ:AMDLong
by TrinityAlex
1
NETFLIX, for the win!They practically can't do anything wrong, perfect positioning of the company considering the current times we're living in. There are just 20 days before their quarterly report, so you should keep an eye on this one, by my estimation, it will reach at least a 540 in this time-frame. It seems that I wasn't paying proper attention to this stock, and I missed a better entrance, as I started a position at 493.5. Tomorrow's unemployment numbers might offer be a better opportunity. My recommendation is a definite buy (and dump 1 day before the QR, I got a bit burned last year with Netflix). Buy today or tomorrow if it drops, either way, it is in the buying zone right now.
NASDAQ:NFLXLong
by TrinityAlex
2
Tesla might test the 320 lowsAs Tesla was a bit over-hyped these past few days because of the battery day. Reality seems to have set in quite hard. The strong sell-off on the 21st of september, at 16:30, was the main indication that battery day wouldn't have a good outcome. The people that bought in to that will probably be forced to close today at a loss, therefore I predict a further downtrend, possibly testing the 320 lows. In my own opinion a drop to 370 is practically guaranteed to happen this week. Afterwards, if it will cascade into a greater loss, is of course anyone's guess. If it does get below 370, it will be in buy-it territory.
NASDAQ:TSLA
by TrinityAlex
My next thoughts on $TSLAMy previous analysis was spot on (there is always a bit of luck involved). Let's see if I can make a further prediction by developing the same idea. The catalyst is again the Tesla battery day on the 22nd. By this Thursday evening, I think a price of around 400 should be fair (depending on the unemployment numbers, and especially California status). This is the moment I think it will be good to start buying. Afterwards the nearing of the battery day, will push the price up again, to around 475 during the day, but it may be quite a gamble. Either extremely good news comes out of Mr. Musk's mouth, and the price will go to new highs (540), or news will only be good, in which case the price may crash a bit (again to around 400). Good news on battery day is/will be already taken into account, it needs to be excellent news to push it further. Some European countries have started school as well, so it might influence what will happen next week (COVID numbers). Best of luck to all! I will try to keep the idea updated.
NASDAQ:TSLALong
by TrinityAlex
NVDA incredible opportunityThis company, after acquiring ARM, just got an incredible growth potential. This will most likely lead to game-changing technology in the very near future. I recommend keeping your eyes open for a drop, and buying at the first sign of a rebound - That's what I'm doing! (Wait until 17 Thursday evening, or maybe Friday morning before opening a position, for a practically sure bet) Either way, this stock should be held for longer term, at the very least two quarterly reports. It will definitely reach at least 600 by year's end. Best of luck!
NASDAQ:NVDALong
by TrinityAlex
9