EBAY has room to grow, and with the addition of NFTs potentially on their marketplace, a new source of growth is there to be captured. EBAY has also been lagging the Nasdaq 100 index for the past 3 years.
3 year returns:
Nasdaq 100 +93.41%
EBAY +62.14%
Bullish GPRO. Last quarter was a step in the right direction with gross margins expanding to 39.10% (15% YoY) , EPS at 0.03 (109% YoY), and revenues to 203.68M (71% YoY). The pandemic made people miss the outdoors, and now people will want to remember their moments while outdoors and on trips. This tailwind of re-opening has not been fully priced in yet. 12.30% of...
ALGO is trading above key support levels 1.10 , 1.20
-strong project
-strong volume
-still relatively unnoticed
-above 2.00 all bets are off, this can moon to 5.00+
Stay at home stock with a massive valuation, WHILE gyms are re-opening up again. COVID-19 may have peaked revenues very quickly in the short-term, but now the scope is shaping up for a bleed in growth for revenues in my opinion. This is mainly a technical set-up due to the wide ranges the stock trades in.
New accumulation zone established June 19th. Buyers are averaging up with positive momentum via the recent high that was made + uptick in volume relatively speaking. Price action is telling the story of averaging up on dips pushing upwards establishing new highs along the way, until the accumulation trend is broken (via a break below 0.00007, then 0.00006)....
Due to the FED's unprecedented actions to help backstop a depression caused by a forced governmental economic lockdown the USD is losing purchasing power rapidly. Sure, people will argue that due to the global sovereign demand of USD relative to other global currencies, that there is still some relative strength. The thing is, the FED has taken the most aggressive...
