Upsidepotential
Near strong support. One week from strong bounceFB is selling off from the whole GME fiasco + Apple privacy war. Although there will be revenue damage from Apple's new privacy changes, FB is undervalued relative to the overall market especially with an outstanding earning. There's a strong support at $245 but it might now goes down that low. There're 2 good plays in my opinions:
Safe play: Wait for either one week so that the GME craze settle down or FB trade down to support at $245 THEN buy.
Neutral play : Selling put credit for this week $245/$240
Bullish play: Debit spread at least 2 weeks out.
Significant Junior Gold Exploration Discovery (80-150% upside)Significant results were encountered in hole DKL-20-RC-007, which returned 4.83 grams-per-tonne (“g/t”) gold (“Au”) over 20 meters, including 14.51 g/t Au over 6m (also including 39.6 g/t over 2m).
Nexus Gold is primed for a breakout and they are currently waiting on the remaining 6 holes from their recently drilling program in West Africa that today in hole #7 found a significant discovery for the company.
The company has several drilling programs lined up for 2021 at a few highly anticipated drill sites.
2022 PT $1.25
Bull Flag on COTY: Breakout Would Bring Big UpsideBull flag has formed on COTY. I will be watching price action in anticipation of COTY attempting another breakout of that top resistance line...If a breakout occurs we could see some bigtime upside to $12+....COTY will release its earnings on February 3rd and with all signs pointing to a beat, I believe this could be the catalyst for that breakout and big upside.
Angold Resources (AAU): Potential for big upsideOn the 1 day chart for Angold Resources you can see that my super guppy indicator has turned from Red/Orange to grey which indicates incoming volatility and a bounce in price. You can see that the fast EMA's are starting to converge and crossover with the slow EMA's which indicates a bullish reversal may be occurring. When looking at the 1 week chart we can also see a strong signal from our GMMA oscillator. In addition to this we are also starting to see the same convergence and crossover of our fast EMA's and slow EMA's on our 1 week chart that has formed on our 1 day chart. All this indicates a bullish reversal could be underway which would bring some really nice upside.
Bull Pennant on COTY: BREAKOUT= MAJOR UPSIDEA Bull pennant has formed on COTY and looks like it will attempt a breakout soon... If breakout is confirmed I expect to see some major upside to the $12+ level... I will watch price action as it approaches bottom support line and if it reacts as I anticipate I will strongly consider buying mid-February expiration call options
Huge upside potentialContraceptives (just like vitamins and/or other medicine and supplements) are and always be crucial, no matter what is the economic situation. This is why I'm looking at and showing you TXMD.
TherapeuticsMD, Inc. is an innovative pharmaceutical company exclusively committed to advancing the health of women and championing awareness of their healthcare issues. We develop products to address the unique changes and challenges women experience throughout the various stages of their lives with a therapeutic focus in family planning, reproductive health, and menopause management.
Check out their website if interested in more info, I just quoted this above from there.
Lately (but before the 2020 crash) this stock was in the range between $5 - $7 (much higher before) and you could make a 30-40% profit on a swing trade. But now the good side of this Covid situation and the fact that everyone was buying EV, stay at home, tech and similar popular stocks so far, is that some of the other market participants like biotech, REIT or energy didn't go so well. But now it's time for this one to regenerate too. By "now" I mean within a year or so. Realistically I see this should get to that range again, between $5 and $7 and consolidate around it, but of course it can take several brakes (profit taking) on the way up, at those levels I marked. Also it can go any higher to the $10 area or even more, we can not tell yet for sure. But right now it is way under valued and beaten down, so it is a strong buy in my opinion.
And here is my "story" again:
Probably I’ll post this text several times (under each ticker) that I mention below, as the meaning of the writing necessitate it.
Introduction and the mindset:
8-10% of my wealth is in the US stock market, other almost 90% in real estate in Europe. As for the stocks, you got to have a diversified portfolio in my opinion. As my experience tells me you can be lucky sometimes and you also gonna be unlucky at any given time (and it’s unexpected all the time). So one can not count on luck and/or feelings (I call it being on Hope-ium). This is the reason for the need of diversification, especially in this unprecedented (word of 2020, right?) environment. Lots of analysts say the market is overvalued, stock prices are overstretched (the SPY and tech at least). I think this is partially true and it does matter sometimes, it does not matter too much other times and/or instances as you’ll see soon below. OK, too much talk already, I will show you my portfolio and talk about my ideas with numbers, entry points, targets and even risks.
My past fundamental ideas (as for reputation, not a bluffer):
In 2019 I only had 2 ideas, both based on my fundamental analysis and they were for investment (so, not for short term trade ideas). Tesla and Bitcoin. For TSLA my entry plan and buying advice was @ $426 in December (pre-split price, so if you are new, divide it by 5). For BTC I stated that I recon we have to wait for the beginning of 2020 (according to my plan it was most likely for about February) and buy the expected dip - according to my readings - at $5500. Of course Covid came and things got crazy, but we didn’t expect that. Lots of losses and learning, but here I share some useful thoughts and ideas. I learned technical analysis, but these fundamental ideas born according to my own research, also I didn’t know any known influencer back then.
My recent/actual ideas and how to do it:
I divide my stock portfolio for 5 sectors in a way that if even 3 or 4 of them fails, the other 1 or 2 will pay out so much, I wouldn’t mind and never lose. My sectors watched: 1.REIT (they will recover and pay good dividends) 2.Energy (they will recover as soon as Covid is over) 3.Commodities (we need them whatever happens) 4.Biotech (necessity too, no matter what) 5.Insurance (self explanatory). The SPY is driven by tech, so I left it out for now (with a small exception), as no need to risk now, because tech is a bit overstretched at the moment and even if it’s going way higher, my ideas will too. But if tech is not going higher, I will still make profits (hence the so called ‘K-shape recovery’). Not easy to do this in such overvalued levels but not everything is expensive and also note, that not every cheap stock is going to die off, so the main buying habit of mine is what George Gammon likes also: “I buy a dollar for fifty cents” if I may quote him here. This idea means that I buy according to the actual (and my own) valuation, plus the current stock price of the company and not according to the momentum or the horde, in other words the ‘best performers’ according to popular Youtubers, similar influencers (or the mainstream media for that matter), as history shows that the majority loses and the minority wins (at least during those crazy unprecedented times like now when soon everyone is in the stock market. The examples I analyzed: 1929, 2000, 2008). Doesn’t the 2008 example tell you that it would be wiser to be on the side of Michael Burry during the stock market rally instead of everyone else? Yeah, I know, it’s not easy and also, “this time will be different” :D But jokes aside, I believe at least in a way this time it actually could be different, the task is to understand fundamentals, think a lot and make smart decisions based on your own research. And the more you read and think, the closer you might get to some advantage and solution that will pay off highly likely in every possible scenario in the future.
Why and how? A simple enough hint of mine for example is, if a stock is a ‘top performer’ that fact might actually mean it already did what we expected from it to do (otherwise why the term?), so you kind of could already be late, but you would never know. This is when FOMO comes in to play, beware! Sure, you can be lucky and participate in a bubble just like how it was with Yahoo in 1999-2000 but only afterwards (years later) could you for sure realize that it wasn’t a good idea to buy in around 1999 as you didn’t sell at the top (2nd of January, 2000) did you? Even though the “long term fundamentals” that they talked about back then, they all turned out to be 100% true, because tech went higher for sure, Apple is still a winning company, we are surrounded with computers, smartphones and it's all tech and internet and websites, we still use yahoo mail every day and listen to yahoo finance and so on. Tech is cool and king. Still, the dot com bubble was bad and painful for the majority. See, everyone was right except for the ones who bought in at the high prices because of FOMO and/or the ones who didn’t sell at the top, and I think this applies to the majority. As you see now, those ‘top performers’ worked very well for those who bought in at the bottom or even half way to the top for swing trades (but that was just before you heard about them and not really any time later). So, the problem is that no one ever knows when is the top of a bubble or of any kind of run up that is driven by sentiment if it’s not a slow and steady growth corresponding both the fundamentals and financials in other words the real growth of a company. So the solution is to better find one that is trusted and/or have future and not going bankrupt soon and is beaten down to the ground. That’s when you buy in. Warren teaches this too, but this is my own thinking and just a coincidence that the old man says it too. So, I reveal here all my stocks and investment picks that I either bought and/or had planned or advised to buy so far with my first entry prices during 2020 (not placed in order of any sort, but just random). The majority are investments for 3-5 years the exceptions are the swing trades:
TSLA again @ $358 (pre split); NYMT @ $1; IVR anywhere below $4; NIO anywhere below $5 (swing trade); HEXO @ $0.74 (pre split); ASTC @ $1.82 (swing trade); CDEV @ $1; LMND @ $47; TXMD @ $1.2; LXRX @ 1.93; GNW @ $3.26 (swing trade); WPG @ $1 (pre split); CRSP @ $60; gold below $1700; AAL @ $10 (swing trade); AMC @ $2.84 (swing trade); BTC @ $5500 for investment (and was swing trade too, from $7000 to $9000 because I had to pay property tax and did it from the profit).
Long Kingfisher - strong fundamentals and down-side protectionAmazing stock that has started to rally 10% since new CEO has been appointed.
The stock had dropped from a few years support due to under-performance by previous CEO. The stock is ready to pick-up again and reach the old support channel.
The stock has strong down-side protection. The real estate of the company is valued almost as much than the current market cap while no debt. Therefore, even in the very worst case you keep huge part of your money. However, the up-side is huge a recent sum-of-the-part valuation indicated that the stock should fundamentally be worth 2.5x current share price
BHTG is our low-float Nasdaq listed alert w/ Growing Revenues + BHTG is our low-float Nasdaq listed alert w/ Growing Revenues + Fortune 500 Clients
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BHTG (Bio Hi Tech Global Inc.)
Current Price: $2.25
Analyst Price Target: $7.00
Float: 6.63 M
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Members,
We hope you enjoyed the nearly +41% in realistic gains that today's alert provided.
We're not wasting anytime with our next pick, as we have found an incredible opportunity trading on the Nasdaq.
Please turn your immediate attention to BHTG (Bio Hi Tech Global Inc.).
It may not be the most exciting sector on the market, but there is no denying that waste management is an extremely lucrative industry.
According to a new report published by Allied Market Research, titled,"Waste Management Market by Waste Type and Service: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global waste management market accounted for $303.6 billion in 2017, and is expected to reach $484.9 billion by 2025, growing at a CAGR of 6.0% from 2018 to 2025".
With its cutting edge technology, BHTG appears to be well on its way to changing the game in this multi-billion dollar industry.
Trading at a nearly sixty-one percent discount from its 52-week high, BHTG looks like one of the biggest steals on the Nasdaq at the moment.
For one, its client list already reads like a veritable "Who's Who" in the service industry:
The Cheese Cake Factory
Costco
Dunk in Donuts
Golden Corral
Hilton
Marriott
The Hard Rock Cafe
These are all global household names whose growth could be considered an immediate catalyst for BHTG's bottom line.
Short term Gains for Bitcoin (24hrs)Breaking out of a bullish channel, price reacted accordingly, but still within an upward momentum in its forecast, follow support at 6380. Yet, a demand level of 6350 hasn't' been touched as of yet. I would expect price to move UP from that zone. Although we are continuing in a sideways trend (neither a bearish nor bullish) Resistance is present at the 6480 level and a strong Supply level left over from last month Oct 8th-10th from 6540 to 6570*. (*Those zones change on the Bitfinex Chart to 6590) My trade would be limit buy at 6358 & will have a stop loss at 6341 and Target 6560. A very good risk to reward ratio. I'm strictly charting a 60m Kraken chart and would take the trade on a 5 min chart. The Daily chart shows a bit more potential, but we will tackle that this weekend. Thanks for viewing!