Trade Idea
Enter Long
- Ideal price is $64-$66
Stop Loss
- $64.4
Profit Target
- $70-$71
ARK fund is dumping Bristol-Myers Squibb (BMY), should you?
Yet another solid company with solid financials who is currently trading at 65.6% below estimated fair values. Earnings are forecasted to grow 30.88% per year. This stock also pays out a reliable dividend of...
Trade Idea
Enter Long - Ideal price is $76-77 but still a great buy at $78.
Stop Loss - $75.5
Profit Target - $83-85
Colgate-Palmolive waking up?
After a high of $85 in mid July, the stock has taken a punishment but this is temporary. This is a solid company with solid financials who is currently trading at 31.7% below estimated fair values. Earnings are...
Trade idea:
Buy between $9, but lower the better.
stop loss at $8.30, based on $9 purchase.
Target is $10.50
R:R 2:1
Time frame: Weeks
Is it too late to jump into Zynga Inc(ZNGA)?
For the six months ended 30 June 2021, Zynga Inc revenues increased 64% to $1.4B. Net income totaled $4.8Mvs. loss of $254.2M. Revenues reflect Online Game: Mobile segment...
Trade plan:
Buy long - $220-$225
Stop loss - $214
Target - $240 resistance
AvalonBay Communities (AVB) -
For the six months ended 30 June 2021, AvalonBay Communities Inc revenues decreased 6% to $1.11B. Net income applicable to common stockholders increased 74% to $588.9M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total decrease of 13% to $1.96....
- recent decline began at zone of high resistance
- buyers still present but drying up as prices moved up today
- Today is likely a dead cat bounce
- expect a move lower but not too big as BTC has support
- Shorter swing play to capture downward move of BTC if present, keep stop loss tight
- Solid company
- Has had downward trend for weeks but is now at support
- For the six months ended 30 June 2021, Amgen, Inc. revenues increased less than 1% to $12.43B.
- Net income decreased 42% to $2.11B. Revenues reflect Prolia segment increase of 20% to $1.57B
- Other revenues segment increase of 28% to $721M, also reflect Enbrel segment decrease of14% to...
Doge has had an amazing run up but has hit resistance around the .30-.32 range. Sellers are stepping up over the last 2 weeks and buyers are drying out. Given today's market sell off, and indications that the crypto market will continue to sell off, it is likely that Doge will follow.
My algo indicates a downward trend with support at the 0.21 level.
Trade...
On the daily chart, COG has slowed down on downward momentum and shows early signs of reversal. It is trading in the channel depicted. Price target and stop loss as per chart.
CAH has been following the channel as depicted on the daily and has reached the bottom of the channel. This is a mean reversion play with lots of upside. RSI oversold, downward momentum has slowed down. This is ready to pop. Price target and stop loss as depicted in chart.
LUV has been following this channel as it returns to pre-covid levels
It is now at support of the channel with earnings in 2 days, expected to beat
Volume profile demonstrates an area of resistance at 55
RSI is oversold
Momentum demonstrates a bottom
Buyers > Sellers on daily volume
RSI oversold on most time frames
Momentum appears weak at the moment and but stock has been consolidating in a tight channel since August 2020
Solid fundamentals with volume profile indicating possible interest at 50's, near its 52 week high
Unknown time frame, this is a long hold until it reaches price target
Volume is picking up
Buyers outnumber the sellers
Momentum seems to indicate a possible bottom and confirmed by a bullish hammer doji
RSI in oversold area
363-373 shows strong support based on volatility measures.
400 demonstrates resistance.
Pool is in a strong uptrend with the past 4 days being a pullback.
Momentum shows it is oversold.
