This weekly candle might be the most ridiculous thing I've ever seen. I don't need to provide any commentary, but I will :) Market cap of $54B & revenue of $500M (that makes sense) Net income == rounding error Horribly opaque about drop shippers, users, and platform data Trading at a forward P/E of 3,300 No real debt on the books, a positive, but the only...
I like this reversal hammer candle on BA on the weekly. When you combine that with the stock is up on just about nothing but hope and the .gov backstopping it, I like the odds of a drop next week from here. Almost half their revenue comes from commercial airplanes, no one is buying The Feds are only about 30% of revenue The MAX may never fly again....
Wanting to see what it does with this ascending triangle before taking any additional trades on. I'm currently in May and later calls for a few tickers. Testing the 2640 level is key and if we break out above that, she could really run a bit. There is bullish news happening all around us. Covid leveling out in many countries outside US, promising oil news, a...
Nearly at major support on the weekly. Strong company and a good rebound candidate.
Doing some long term trend analysis this morning. You can easily see the megaphone pattern on the SPX weekly and we are nearing the current top. There is a lot of good things happening right now. TSLA making everyone feel like they are rich (if you were long) positive trade war comments, etc. The current news and good vibes could easily see us jump to an all time...