Get started

Vbottom

WMT 1Q Earning Target 2021WMT flopped its fourth quarter earnings in 2020 announcing -.74 cents a share. I expect a report with a lot more strength with integration of E-commerce into it online store models as well as less fear surrounding COVID-19 creating boost in sales. With only 1% of shares floating short, The slow grind up, which has been evident since the middle of March, is likely to continue without any strong resistance. Being the largest retailer in 2019 boasting 523 B in sales (NRF.com) doubling AMZN sales, this stock is a solid frontrunner as we move into a post pandemic economy. The NFP report on April 2nd of 916k (almost double the previous month report) compared to the 652k estimate is also encouraging as this could lead to more consumer spending. Still to come this month are MOM retail sale reports on the 15th and 16th which will could potentially back this thesis. Furthermore, with the market creating new highs quickly, there could be a tinge of uncertainty or heightened volatility as the rally hasn't really had much catalyst other than jobs, but with WMT's Beta of .47 (Zachs) this stock is relatively safe. With a debt to equity ratio at a 2 year low as well, this stock is definitely a strong buy in my opinion and I have set my post earnings target for 160 with this stock. This would be an all time high and about a 2% increase from current highs which is definitely within reason all things considered.
NYSE:WMTLong
by crawfordpaul
Running Alpha Capital Markets pounds the Table on the S&P 500Running Alpha Capital Markets has never seen such a bullish V-Bottom setup for USA stock market, particularly the $SPY -- which is the Exchange Traded Fund ( ETF ) for the S&P 500 #SP500 -- waiting for trigger. Sometimes just the market structure setup is enough to ignite buying, but for prudence watching for buy trigger today or tomorrow and this week -- very interesting action today from a market contagion dynamics vantage point. Running Alpha is dedicated to leading the way in analyzing human perception and machine interaction dynamics at the 3-way intersection of quantum physics, finance, and socio-economics in times of emergency situations. Watch the green box -- and for price action to get on the other side of the lower yellow boundary. Note all these boundaries are not extrapolations of past price action, but rather represent isobars of zero momentum across all relevant time horizons of market-player interaction. Running alpha applies the principle of logical congruence in exploring the most likely quantum states of the financial marketplace observers / participants. Stay tunes for further updates.
AMEX:SPYLong
by runningalpha
Got Em. If you missed it, 2nd buy in IdeaUpdate to my previous idea. Found a lil boost -We broke out. Momentum was slowly building, all it needed was a kick in the bum Hope you all snagged the break out. If not, don't worry, I really think we'll get a consolidation around the 3:1 before taking a shot at crossing the trend 38.6 Fib RT. Wait for it. We'll see what our momentum is looking like around there and make a decision to stay or go. Rebuy: $7999 TP1: $8170 TP2: $8650 We'll make the decision to pull all our profits, or buy more based on the data. What are you guys thinking?
BITSTAMP:BTCUSDLong
by BitCapJNY
$CVSI Forming A V Bottom$CVSI has been beaten up along with the rest of the cannabis sector. Recent price action indicates that the low might be in as the critical $1.55 support level held. Next major resistance level is $3. Those that want to go Long can buy with a stop below $1.55 and add to the position on a break above $3. $CVSI is well-known because of its top-selling PlusCBD oil. For those that want more info, we've included a link to our recent article, which has more info on $CVSI. As always, trade with caution and use protective stops. Good luck to all!
OTC:CVSILong
by InsiderFinancial
2
LONG ABOVE YESTERDAYS HOD30/May/2019 10:15 AM INCREDIBLY WEAK NAME HERE. LONG AS LONG AS ABOVE YESTERDAYS LOW. SMALL POSITION SIZE, TARGETING A V BOTTOM. ODDS OF SUCCESS ARE SLIM TO NONE GIVEN THE HISTORICAL WEAKNESS OF THIS NAME. NOT ACTUALLY TAKING THIS TRADE. BUT LOGGING THE IDEA. REALLY IS POOR RISK MGMT TO GO LONG SUCH A WEAK NAME AND SECTOR. BUT MOMO IS THERE WHEN THIS DOES SWING THE OTHER WAY, THUS THE INSPIRATION FOR THE IDEA. IDEA WOULD BE TO MANAGE ON THE 1 TO 4HR TIMEFRAME. -- MASSIVE VOLUME YESTERDAY. AND RECENTLY. SOMEONE IS GETTING INVOLVED OR IS OFF LOADING. 1 OF THE 2. IM NOT A VOLUME ANALYSIS EXPERT THOUGH.
ELong
by gumbtg
Ethereum the SteamrollerEthereum was certainly the powerhouse of the rally that happened on September 12th to 13th PST. It dominated the market, literally steamrolling through the bears, but I am concerned that it may get steamrolled once again. If you haven't read my other analyses, I had mentioned that bitcoin dominance is rising so it is possible that these charts are not the best representation of what might happen. Nonetheless, there is a bullish undertone that it occurring in the market, which makes me think that bitcoin might be secretly bullish. The analysis: 1.) Ethereum has taken a huge blow, and this may just be a strong dead cat bounce. However, there is a bullish divergence that occurred on the daily RSI, it is noted with the green trendline in the oscillator, it did also encounter resistance as well though, and I market it with the red trend line in the RSI. So essentially, the RSI is forming a symmetrical triangle. Currently, the only possible reversal pattern that I believe Ethereum is preforming is a "V" style bottom, in which there is a high volume drop and there is a large pick up in volume. 2.) There is a small bull flag that is forming on the hourly time frame and this and I will be posting an image of this on the bottom with a price objective somewhere around the 250-260 area. However, I do not know if this will hold because, the last symmetrical triangle that Ethereum broke through turned out to be a false breakout and then it made a strong move to the downside, roughly 100. 3.) So far, there is a lot of bearish tones still in the market, and with bitcoin dominating the scene and Ethereum's weekly looking like it will make further moves down, I do believe that it will be difficult for Ethereum to break the orange trendline, the third trendline of the fan principle and reverse this trend. Even if it does manage to break the third trendline it is still possible it will continue the bear market, as I have seen this happen before with litecoin.
COINBASE:ETHUSD
by CuddlyCuddles
Bitcoin Nothing LeftThere is no bullish momentum or strength, earlier I was expecting a bounce, but so far we have been dropping indiscriminately, each time is just a small pause to another movement to the downside. The strongest support in a while has been broken, it held strong but it was broken in a matter of an hour, so it is far to say that the entire cryptomarket and bitcoin itself should be capitulating soon. Each time the RSI resets and moves back down again, it reaches the same point so there are no failure swing and the bears are in control. Around the entire mid 6000's should be a support strong enough to temporarily halt the movement downwards, and if we are lucky we might see a bounce here to something like 6700 or 6850 but I give that like a maybe 25% chance given our movements so far. There might be a bounce around 5800, but once that breaks the next support would be 4800 and I expect that to be the strongest support and the support that we bounce, if that fails though there is a high chance we hit the low 4000 to the high 3000 range. Key Points: 1.) Since the 6850 broke, 5800 is the last support and then I expect a movement down to the low 5000's to 4800's range a small bounce might occur back into the 6700-6850 range, but that is unlikely than just holding this position. 2.) If 5800 is broken, I think there will be a high probability of a high volume V shape bottom at either 4800 or 3800 because the masses are not aware of support structures and things of that nature and there will be a lot of panic. Always a lot of panic. But do not panic! identifying a strong bottom will be a swing trade of a lifetime.
COINBASE:BTCUSD
by CuddlyCuddles