Paypal is showing strong growth with ecommerce booming and with it's recent foray into crypto currency. If and when PYPL adopts crypto trading/investing on it's platform it will reach new all time highs. PYPL and SQ are in competition and it's bound to get messier in a good sense for investors in 2021.
Seeing a cup and handle forming on the hourlly's. Weekly and monthly candles looks good and ready for continued strength. Liking all retail here like WMT, TGT, FIVE, FL, and more. BIG is one of the tickers that has yet to pop and is lagging behind the rest. BIG on watch for a quick swing trade.
What can I say? Stimulus = more spending on retail and FIVE is the place to go for young adults with all that extra money who like to save a buck. Price targets range from $156-$220 and while we may have a small market dip, retail will come out roaring once all the stimulus kicks in and jobs start to come back after the vaccine rollout speeds up. Not much data and...
SUNRUN has been running up ever since political projections had Dems taking the house. This clean energy stock is set to benefit huge during this next presidency term. It's rumored that the U.S. is set to rejoin the Paris Climate Accord on Biden's 1st day of work. If that catalyst isn't enough. RUN had a recent buy upgrade, projected EPS next year of 300%+, past 5...
OTRK had a classic double top at the 80.00 mark setting that as resistance. Alternatively you can see a cup and handle forming on the daily starting from OCT to today. There's more, OTRK also based itself above the 90-day MA closing with a bullish engulfing candle on 1/15. Now we can chit chat a bit. OTRK recently had an offering and raised 39 Million. When a...
AYX has found support it looks like it's ready to start a slow but steady ascent. The company is set to announce ER on Feb 9th closing bell and also provide guidance for the future. Not enough? AYX is going to present at the The 23rd Annual Needham Virtual Growth Conference on January 14 and also present on Feb 11 at the The Goldman Sachs Technology and Internet...
CRSR is in a bullish pennant and has tried to sustain itself over 40.00 3 times. 3rd times a charim isn't it? Corsair is a gaming industry regular and with it's recent IPO settling down, it looks ready to make a move to the upside. Gaming companies have been doing relatively well during this pandemic and with more lockdowns looming. The gaming industry is sure...
Laws regarding online gambling have been being created and approved by states since 2020. During the pandemic states have lost tons of tax dollars and need ways to fund local government. It seems more likely than ever that 2021 will be the year that online gambling starts and legalization NY's Cuomo has even talked about legalizing online gambling to gain new...
Oil recently hit a monthly resistance dip and gave us a good buying opportunity on some tickers including OXY. OXY recently got de-delisted from the S&P 100 but is showing resilience in one of the hardest hit industries during this pandemic. It has also been getting accumulated pretty heavily as of recent. If OPEC+ keeps playing nice, OXY is primed for a run to...
Gild on 1/12 announced a partnership for a phase 2 trial on a new HEP B cure. It also got an upgrade on Jan 4th and it's covid treatment usage is going up due to rising covid numbers. Waiting for trigger of close above .618 fib for a weekly swing on this ticker. Overall Gild looks promising long term.
AMZN is set to report earnings FEB 4th and boy is it ready to pop. No need for big explanations. Amazon has been the #1 go to Ecommerce store during this once in a lifetime pandemic and it's price rightfully shows that. Flagging, coiling, wedge, call it what you want. AMZN is set for a huge move pretty soon and we know which way that will most likely be. UP UP UP!
Footlocker has recovered fairly well. It's been on a slow but steady uptrend while recently blowing past pre-pandemic pricing. Footlocker recently hired CIO to oversee the online portion of operations and if history knows. A new CIO that specializes in online shake ups at companies is a good thing for a long term prospectus.
Good leap candidate for space tourism catalyst with a successful flight. Not many catalyst on SPCE other than the failed flight. I don't expect any big price movement in the short term but I like this for a bounce and swing trade. SPCE likes the mid 20's and has defended the .618 fib well.
OZON is a recent IPO and dubbed the Amazon of Russia. Candles on the weekly, daily, and hourly all look bullish. Price movement has gotten tight on the bull flag and it looks like it'll be to the upside. This coil is ready to bounce!
BYND had terrible earnings and that stumped the growth of the next big thing regarding plant based meats. An ad campaign helped push the price up but it seems the company has been very quite as of recent since earnings report. I see more downside before any sort of recovery.
Gaming hasn't really been affected like other markets regarding the political shift in the U.S. Stay at home 2020 orders helped boost gaming revenues and it doesn't seem like it'll slow down anytime soon. 2021 lockdown orders in the UK and possible covid variants could be a buy and sell the news for at home stocks like EA, TTWO, ATVI.
Marvel is in a rising wedge and has had a healthy uptrend. We can thank DIS for the strong upside. We also can't ignore recent stay at home orders and the unfortunate outlook of a possible 2nd wave covid shutdown in the U.S. More people at home, more people looking for new content to watch. Oh and did we forget DIS announced that movies under it's brand will be...
Nio just announced record deliveries of over 100% yoy and 3 month deliveries. NIO price should follow the good news as the catalyst is there alongside EV hype such as TSLA. Typically EVs follow TSLA after it has a run such as the one it had last market close peaking at $720+. I also see a lot more upside than down but we can't forget about what happened after the...