So, I tried doing as much research into what a backwards Cup & Handle pattern is, or if such a thing is actually a "thing" and just gave up. If anyone has any insight or experience with them, I would love to hear it and learn please. I believe the tariff and trade war narratives are artifically overblown. There is no way two super powers are genuinely going to...
Brand new and caught in the wind of the crypto craze, Cardano set some resistance points and has been moving sideways this year for the most part. It hasn't crashed quite yet if we set a floor, but it's been close because of other coins bringing the market down with them. We seem to have hit a double bottom of sorts with price if you want to look at it through...
Market top value line has historically been around $45 for Roku since its first IPO quarterly report. The hype was real and the price collapsed, only to rebound once again before the next call, at which point everyone realized things took off too high, too fast. I'm sure we can all remember the long, straight road down, back towards a normalized, long term,...
After charting both Bitcoin and Ethereum, Ripple comes off as a cryptocurrency participant that was swept up to insane, out of range levels. It's really hard to take it seriously given that there is an absolute VOID of levels of any kind between its first resistance level prior to the explosive breakout, and the current, reasonable resistance level. Raising this...
Ethereum for itself was doing well before it got swept up in the EOY madness/manipulation/drama, whatever you want to call it. BTC and ETH are different and therefore SHOULD NOT be correlated to each other strongly, nor should they share the same fate. While BTC narrowly dodged the bubble crash bullet, ETH took the hit and collapsed right back to where it was...
This was really....weird? Difficult? Unorthodox? Just...different, to try and chart and find points that made any kind of rational sense. Overall, there are some long term trend lines that can be formed that don't sound outrageous and look stable and realistic for an "early mass adoption" phase of crypto. Depending on where you want to believe the real inception...
It looks and feels like MCD will be hovering/consolidating around the $160 mark until more news comes in to spurt growth back into the $170 range. No major recovery from February has really taken place, even with the last quarter beats. Death Cross? As a company embracing more technology, initiatives have already been taken in the first half to help grow the...
Iridium has reported well the last couple of quarters. The biggest story and "show me" aspect of it is its Constellation Network rollout that will be completed this year. This month, 55/75 satellites will now have been launched and in orbit with help from SpaceX (an amazing partner with a healthy record). There's little reason to believe they won't meet their...
Second half of the year has already been projected by various telecom companies and suppliers to be strong and accelerated compared to the first half. Seasonally weak Q1 numbers came in almost across the board. However, NPTN managed to not do as badly as most had anticipated, hence the growth in March fueled by positive sentiment that momentum was returning. NPTN...
The recent run up in AAOI stock price is a familiar story if you've been tracking or involved in the company since last year. What was once a glorious shining star from a parabolic blowout, quickly became a bubble of sorts and collapsed. The stock is tainted because of leadership's comments and weak guidance last quarter. The only reason to run the stock up is to...
Failed mergers, an industry where consolidation and change are struggling to bring shareholders value. There's a lot to be wanting to try and keep up with the current "value" market. However, International Paper will struggle fiercely to try and impress. Lowest fib level is what demonstrates the inability of the company to break out. We've now plunged under it and...
IBM has a lot of understated, misunderstood, visionary initiatives under its belt starting last year. The name is no longer what it used to be, but IBM has pivoted before under Lou G. and it can definitely do so again if given time and proper execution. There is a small, but powerful minority that will always root for this stock and that will help propel it on any...
I always wondered why anyone would invest in Moodys. Well, looking at its trend lines, its consistent ranges, stability and growth with the prevailing market sentiment, it seems like an almost no-brainer as to why you'd start and hold a position in it. While it's hard to want or even give a PT for the stock, it has weathered this year well and should return to...
Who couldn't love Citi when it had dropped to $68? Given both the long term and "2017 Hotness" trend lines, the stock has been knocked down between a reasonable to weak area where it can rebound back up to a comfortable "median" position that has been previously held. Reading between the fib lines and the somewhat consistent range of $70-77, it wouldn't be...
As strong and loved as the Nvidia name is, it's been caught in a familiar range all year. While everyone wants to boost the price target around $280-300, it's barely been able to crack $250 even during positive sentiment and momentum. The advantages Nvidia has don't need repeating, nor do its merits and prospects. It's an expensive stock and has always traded high...
Oh Novanta. So many possibilities for such a great company. Please forgive the maddening amount of clustered lines. The primary trend line is massive and seemingly unstoppable for a reason. Even though it's gone parabolic, its story is rock solid and almost sexy with everything they have a hand in. As a leader in medical and advanced, industrial markets, Novanta...
Roku had an insane path up to its all-time high. I knew of the product and its popularity and had set a PT of $35 for when it made its first post-IPO earnings call. Once it started rocketing up, I hit it and closed out my position. I'm sure others were as stunned as I was to watch it continue to climb and I'm sure Anthony Wood didn't know what to think once he was...
With brand recognition and consistent sales in place, Mazor has stated that 2018 will be a transition year for them, not growth. Therefore, expect the company to aim for stability as it continues to spread its products. Per the last call: "2018 is expected to be a year of transition and our performance is expected to be driven primarily by increased revenues from...