The stock is currently extremely cheap, and early investors will be heavily rewarded. Look for a break of the prevailing multiyear downward trendline to make entry if you are cautious, but be aware that this is a stock that moves VERY quickly when it wants to and you may miss your opportunity for the absolute deep value.
Boeing has been under scrutiny for a few years now for good reason. Investors are more exhausted than ever as price action fails to keep up with the rest of the market, and with no dividends there seems to be little reason to hold onto the stock. However, when considering the fact that Boeing has been a key stable in US aerospace/defense and commercial...
As we venture into the year 2024, the trajectory of the markets and the global economy remains shrouded in ambiguity. AAVE has surpassed my projections for 2023, defying my anticipation of new lows for AAVEUSD by the year's end. Although we have witnessed new lows for AAVEBTC, I sense that we might be on the brink of significant surprises, either positive or...
SMR has been in a steady and predictable decline for about 9 months now. We recently just observed another rejection from the top of the descending macro wedge trend line, and there is currently a fight around the $7.70 to $8.00 range. A strong break below the $7.60 level may have enough momentum to push the price to a new low and I will look for support at the...
Hi all! I am by no means an expert, just thought i'd share an observation I've made regarding COLD as I've been following its movements for some time now. In conjunction with the macro picture with many major indices, I predict bearish price action in the short-term as the Wyckoff distribution manifests further and moves into accumulation.
TY and gl in navigating...
