Two stocks that are in accumulation right now to buy for huge gaSphere 3D Corp. (NASDAQ:ANY) and EHealth (NASDAQ:EHTH) are showing great buy setups. ANY is a BTC mining company similar to MIGI and both are showing huge volumes on charts in anticipation of BTC halving and Crypto bull run.
Disclaimer: Do your own analysis before investing or trading. This is not a financial advice.
EHTH trade ideas
EHealth Inc moving up in the interim. EHTHWe are moving up after correcting with an impulse. This one will be relatively short and vey temporary. We need to go through this motion first begore any chance of a lower low in this instance.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
EHEALTH Stakeholders should be CAREFUL!EHEALTH is reaching to it's descending trend line.
General trend of the stock in currently declining and the market will hit to descending line soon at around 78.
Also as it is clear in the chart, price has been significantly reacted to pitchfork lines during its down going path and there is a nice overlap between descending trend line and pitchfork mid line at 78 USD.
In Addition, Stochastic indicator in daily time frame is in overbought zone and has already made a bearish reversal. Moreover a divergence at the top between stochastic indicator and price can be observed.
All the evidence supports the idea that EHEALTH will fall soon and in the case that upcoming earning report can not support the price and push the stock above the trend line the stock will see prices far below the last low which is 47.84.
EHTH Intrinsic Value IdeaI had previously published on EHTH while it was in a symmetrical triangle formation. There was a brief false breakout at the end of January with the price going as high as 93. This was short lived however as it fell back below the initial resistance line and then rapidly dropped all the way down to $48 following a downgraded price target from RBC Capital. Despite the negative report and subsequent steep drop in price I still believe EHTH is a fundamentally strong company that will continue its steady/solid growth. I had previously set a $115 price target on EHTH and still believe this target can be justified however lets consider the possibility that I was simply just off in my valuation. I came to this $115 target using an already conservative 30% margin of error in my calculations. If we took those same calculations and used a very conservative 50% margin of error instead of 30%, our min price target would still be $82. I believe at this current price level there is some great value here.
Pull Back FishingWeekly chart
Big drop down..I have been watching this one for a while..and am glad I did not buy it of I would be down big time..
Not sure what happened..if you know, please comment.
The bottom is not always the bottom ): and sometimes I have been a victim of that before
Shows a H&S pattern on the weekly time frame..is at a level of support/neckline..but looks like it will fall some more..Red weekly candle has a long upper wick and no bottom wick..candles always form a bottom wick..eventually
Not a recommendation/just watching and observing
Steering clear of all the rising wedges and parabolic stocks on the market, and there are a lot out there. Maybe time to do bottom fishing or buy very close to rock solid support..but S and R levels were made to be broken ot stuff just be ranging all the time..Eyeballing utilities etc..and dividend stocks that are close to bottom..a safe haven..Gold is surprising me as it is not really breaking out. Looks like silver is..Maybe BTC is the new gold..dunno..
Do not let Mr Market give you the rope to hang yourself with..he is sly (o:
Love this setup for EHTH: Major RunupEHTH looks primed for a major runup... All fast EMA's converging and crossing over from orange to grey with the slow EMA's turning from red to grey with a very bullish signal from GMMA oscillator all suggest to me this is entering a new bullish trend and will hit levels it hasn't seen since June-July
EHTH has Broken Out of Bullish Symmetrical TriangleI published the following on January 6th: Bullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and anticipate it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which is reinforced by the indicated chart pattern....
UPDATE on January 20th..... EHTH has finally broken out of the bull symmetrical triangle and is up over 8% on the day... I expect this run up in price to continue and fully expect to reach price target 1 in the very near future.... It will be important to continue watching price action as we approach target 1 level as we may hit some resistance here, however, if we break through this price target I am confident EHTH price will reach the $110's
EHTH- Bullish Symmetrical TriangleBullish symmetrical triangle has formed on EHTH... Looks like it will attempt a breakout soon which would bring some really nice upside. If a breakout occurs I expect price to easily climb back up to $90 and it could go as high as $120. Based on my fundamental analysis I have a $115 price target for EHTH which is reinforced by the indicated chart pattern.
$EHTH EHEALTH inc needs to relax.
EHTH has entered a considerable gap in the chart, which may aid its recovery, $112 is the gap fill target but
resistance also sits at $96.50 & $103.75.
RSI is now at 75 so some consolidation may be required to work off the overbought conditions.
volume is also declining despite price rising.
So be ware of the bearish divergences that exist.
EHTH Long Call 10/16 Call Option EASY MONEY #Day3To100kEHTH had a large decline after last Earnings Report. They are growing their Customer's at a AMAZING pace, Company is starting to show profits, but why then the drop?
High Churn (for those that don't know what Churn is, Imagine 100 People sign up for your service, but next month only 45 of those new customers stayed. This is Churn, its Great that your growing 100 customers a month but if your retaining less than half of those new customers, that's not good. Because it maybe be sustainable now as you continue to grow 100 customers a month, loosing 55 is not the end of the world because your still Plus 45 Customers. But what happens when growth slows and Churn continues? That's right now we have a declining business! Say we are only bringing on 15 New Customers a month now, but have the same Churn... loosing 55 customers a month, at this rate, we will be out of business quickly. So in recurring revenue models Churn Rate is very important) plain and simple. Since then the CEO has been on Mad Money with Cramer, said they've hired a 3rd party that specializes in addressing Churn, and is confident that the issue has been addressed. Meanwhile Cramer has bashed EHTH on several occasions since, beating the stock down, to a point it's been trading at the lowest P/E in a very long time. Furthermore, 3 Different insiders, including the CEO, have bought over 52,000 shares at an average share price of about $75 a share, some buying literally the day after Earnings Drop, with NO INSIDERS selling any shares in the past 3 months. Usually a good sign. 5 year growth rate of 491% and expected growth for next year at 38.2%. This is an easy pick here. Market cap equivalent of 2023 expected revenue, I suspect that by next earnings report you will see this stock trading back at normal levels, and with a good earnings Report take off to new High's. Options calls here are very attractive, although the 10/16 Options are prior to Earnings, its an inexpensive Easy options call to double your money. Beyond the financials we appear to have a couple of bullish setups including Elliot Wave and some consolidation taking place before we continue up. We have the 200 Day moving average as strong support with plenty of upside ahead.
Will update on Trade Day 3 to 100k later along with another chart coming out. Stayed tuned.
Day 3 taking $1,800 to $100K in 30 Days.
I am not a financial advisor, this is not financial advise. This is for entertainment purposes only.
Please be sure to do your own HW and DD before purchasing any stocks.