GME Breakthrough of Flag, Bull Flag forming/Bullish TrendGME breaks through flag resistance, going into bullish uptrend.
However, there is major resistance at 220, hoping for a close above 220.
New support should form soon, I estimate new support would be around 200-205ish.
Also hoping for higher than estimated earnings report, should reinforce retail and institutional investors for a long position until shorts cover.
Wallstreetbets
AMC chance to break-even on cash flowAMC quarter revenue $444 million vs an estimate of $382 million,
adjusted loss per share $0.71 cents vs The Street expecting a loss per share of $0.93
Consolidated attendance was 22.1 million for Q2 compared to 100,000 year over year
But the real great news is that AMC has now the chance to break-even on cash flow!
They are burning less cash!
My target is the 40usd resistance.
$NAKD is shark, head and shoulder, and Vshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
tp1=1.6 BC=$27
tp2=0.88 XA=$38
tp3=1.13 XA=$141
tp4=2.24 BC=$267
AHPI - Drop is inevitable!-Has a high short interest ratio which drives the price up
-But, has less than 1 year of cash runway
-Highly volatile share price over past 3 months
-Does not have a meaningful marketcap (24M)
We wish a good-luck for the ones who are buying this thing but this is not a stock to invest in, this is a stock to gamble with.
A better look..One thing about it , two things for sure . Bbby is an amazing company. Let me tell you something , my wife spends hours at this crap place and some how ends up maxing out my card. Never fails , rather her max it out there than maxing it out at hotels getting pipped up by her side dude like she did last time. I can see this trading sideways till we finally take off , looks like it’s waiting for gme to follow .
CLVS Clovis Oncology Price TargetCLVS Clovis Oncology is sitting at a strong support area ready for a bounce.
My Price target is the 10usd resistance level
On 5/5/2021 HC Wainwright brokerage Lowered the Price Target for CLVS Clovis Oncology to Buy Rating from $13.00 to$12.00
SNDL Sundial Price TargetSNDL Sundial, beside being considered a meme stock, it was a top volume asset in the last few months.
SNDL Sundial stock has an Avg. Volume of $206,286,369
Yesterday Volume was $102,632,702
Due to this fact and the increase demand in the cannabis industry, my price target is 1.25usd resistance.
But if we use the Fibonacci extension tool, we will see a 2.8usd price target.
I am looking forward to read your opinion about it.
DMG Blockchain SolutionsTo be honest, I have not traded stocks for a long time. I started my trading journey in stocks and quickly moved into US Penny stocks. It was similar to the crypto landscape we see today.
DMG Blockchain Solutions Inc.
DMG Blockchain Solutions Inc. operates as a blockchain and cryptocurrency company. It operates through data centre operations, data analytics and forensics, and developing enterprise Blockchains divisions. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It is also involved in developing enterprise blockchains; and providing hosting services for industrial mining clients. The company also provides technical expertise software products, such as blockseer pool, mine manager software, and walletscore, as well as consultation services to accounting firms, law firms, and law enforcement organizations. The company was incorporated in 2011 and is headquartered in Grand Forks, Canada.
Sector(s): Technology
Industry: Software—Application
DMG Blockchain Solutions Announces Strategic Investment in Crypto Custodian Brane Capital - some of the latest news.
"DMG’s strategic investment in Brane will accelerate the market traction of both companies and facilitate cooperation on development of advanced blockchain technologies, as well as continued progress toward leadership in environmental sustainability. The relationship between the companies will not affect Brane’s independence as a custodian, which Brane maintains through strict separation from any cryptocurrency trading operations.
Brane currently offers a crypto asset self-custody technology solution for IIROC-regulated securities dealers and is working toward becoming Canada’s first qualified custodian for digital assets. Brane’s leadership team includes experienced executives from finance, technology, and government, including former Bank of New York Mellon Canada CEO Jerome Dwight as President, and Charlie Millar, former Vice President of Content Acquisition at Rogers Communications, as Chief Revenue Officer."
This fits nicely with the weekly stochastic situation;
An interesting stock to keep an eye on, over the next couple of weeks.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
!! The Crypto Bull Run Has Returned !!In this analysis, I will explain my reasoning behind my prediction that there will be a short term bull market in Crypto. This analysis relies upon several indicators, and extracting buy signals from each. To begin, I'd like to look towards the squeeze indicator at the bottom. Every time that there is a flip from negative to positive, positive price action occurs and results in a bullish trend. Additionally, looking at the indicator directly above the squeeze indicator, the buy signals have also resulted in bullish price action. There have been numerous buy signals across the two indicators that has led me to believe that this bull run will continue. Additonally, using the Artificical Neural Network custom script, extrapoliting buy signals has never been easier, and bull flag patterns have repeated themselves as well. With all of that being said, I predict a substantial move to the upside in the near future!
**Not financial advice**
Plug Power back on the trend linePLUG is a long term play, tesla hedge (10 Years)
As long as PLUG is on this trend I will continue to dollar cost average daily
- for beginners this literally means start off slow on cashapp with $10/day
- for advance traders DCAing at levels you feel comfortable buying and buying BIG #getwrecked
If it dips below the parallel stop DCA and find another trade u might want to participate in
IF it rises above feel free to take profit and buy other assets or go on amazon and treat yo self
trading is about YOU and not your personal life finance
communities make it about the community
never feel ashamed to profit off a great trade
people that bully are those that have lost and have broken their own rules time and time again
#notonmighwatch