$AMAT should move higher as some reversal indicators are in, we will see if this tell is true or we have to wait for the longer-term cyclical pressure to bottom.
XL Fleet, a successful company that has been delivering EV cars for 3 years now, after a successful SPAC inception to the public market had a severe correction is ready to pop big. The pressure on the stock price was huge due to many reasons including being shorted heavily, however, the community is now getting back to the EVs and the traders noticed how...
$CLOV, the healthcare SPAC $IPOC finally broke its descending channel and is headed towards its first target at 12.50 area. This is Chamath Palihapitiya's controversial SPAC that went down on lawsuit news, but as the dust settles it should ramp up like the other ones he brought to the public market. Not financial advice, DYODD!
$TDOC, Cathie Wood's 3rd largest position (ARK Investing) has dropped more than 31% from its ATH retracing down to its 200SMA on the daily chart. This is is a great company with great future potentials. The price may drop further due to an overall sell-off in the entire market, which gives us a better opportunity to collect more. Not financial advice, DYODD!
$VLDR failed to generate momentum and lost its support at 21.30 then retraced to the 200SMA on an overall flash crash in the market especially EV-related SPACs and scandal on top of that. The board contained the problem and the stock is now at a fair value however we need to see some bullish days to be confident to re-enter.
$FSR, my favorite EV play, getting recognized organically. The recognition is not on hype or rumors, but on hard facts and numbers. Even though the company is still in its early stages, but so far the valuation has been fair if not low compared to similar SPACs, and the execution and the love from the public and institutional communities are consistently...
$PLTR sold off on the QE news and now it is approaching the 2ns best entry point after the first day of IPO. $PLTR remains fundamentally strong and the numbers are still great for the long-term future. I believe with the shift in the contracts (short-term/subscription type instead of long-term licensing) the company is seeking a more fluid revenue strategy that...
$FSR FISKER popped as we were expecting, now 17 should play the support. I am expecting higher prices, this is a long term play among the EV stocks. Unlike many that think $FSR is too speculative, I believe the opposite considering the way the manufacturing and design pipeline has been outlined. The pricing is still the best among the current and future similar...
Finally, $ADBE reached our target, I am expecting the market to be volatile in the coming days so this one can cool off, however, the long term view on $ADBE remains bullish
$INAQ is getting traction as we expected. It just made a new ATH and there should be more momentum on the way after this to take it to higher highs
$ONEM is a solid company that Google has invested in and also it is a part of Ark Investing ETF ($ARKG) run by Cathie Wood, you can see how this stock has generated a nice uptrend with good dips to jump in, DYODD, not financial advice!
$VLDR is undervalued compared to its competitors $LAZR and $IPV, the support held well and we need volume only to see this one pop
We are halfway to our target of this swing trade
$XL managed the turbulent days of $GME war well and looks bullish, the first catalyst we can get should push the price to the sky. As always, DYODD, not financial advice!
$ABT signal was given on the 5th of Jan and it has more than a 15% surge. As I had mentioned this is a very slow stock, but a very steady one so the momentum we got in the last few days WHILE THE MARKET WAS BEARISH was impressive. I am expecting a cooling-off set of days probably hitting the support line of the bullish channel and then some more surge. FYI I have...
Even though the sell off due to the $GME war was a bit excessive, but $INAQ managed to go back into the bullish channel, and if one is not out of the trade on very strict stop loss rules the price should continue to rise and reach the resistance line of the channel.
Facebook rebounded from its first resistance, now the price is at a minor support, we have to see if the support holds amid negative sentiment in the market with short selling war going on or not
FISKER $FSR broke out of its consolidation triangle above a strong support line around $14.50. If today's candle closes above the resistance line of the triangle, we have started a new rally that can take $FSR to new highs. Note the resistance lines on the way to new highs.