Not sure why Jumia has such strong technical while the fundamental are not so good. Is Jumia being given the same grace as Amazon that did not turn a profit for 13 or so years? Jumia is not turning a profit. But Jumia is like the Amazon of Africa. Do investors see the same future for Jumia? Do they see this as a bargain price for longterm investors? Not...
CVNA Carvana is starting to move above the 200 day EMA 'watermark'. As interest rates level off and eventually come down, the consumer will have a green light to make big purchases again. CVNA shows a lot of opportunity (800%?) between current price and all-time highs. Why is Carvana not on your watchlist?
Coinbase NASDAQ:COIN - Coinbase completed a 100% move while riding the bitcoin wave. Will Coinbase continue to push upward or will we see a pullback. Price is 50% away from a key high level. If we see a pullback, price could fall to a level that would put it 100% move away from the key high. of course price will be heavily influenced by the success of Crypto...
Netflix - NFLX - Can it regain its previous stock price? Will its ads subscription model make it more competitive? Will its content win more viewers over? Who knows? What we do know is that price is filling the gaps from the previous decline. I am not counting NTFLX out. Patience pays off.
One confirmation that the market is in recovery: Major stocks, such as Microsoft, are approaching All-time High levels again. MSFT has been trending upward above the 50 and 200 Day EMAa for several weeks. While others are talking doom and gloom for the markets, you have evidence that they missed the bottom and are only hoping for a second chance. Of course...
DraftKings - DKNG - Would you BET against DraftKings at this point? DraftKings is firing on all cylinders. Will it run 500% back to all-time highs or is it over for DraftKings. Seems sports betting is here to stay? Price and the 50 day EMA are above the 200 Day Blue EMA 'watermark'. What are your thoughts? Do you see a pullback in the near future?
CROX finally made the U-Turn just in time for December. Currently CROX is 17% away from filling the previous price gap. CROX is approx. 82% away from recent all-time highs. Price is above the 200 day EMA and the 50 day EMA is trending upwards. Crocs are very popular shoes that will probably be under a lot of trees this Holiday season.
PANW may defy the odds. While other stocks are pulling back, PANW may find support at the 200 Day EMA blue line. Also there is a gap in price above the current price. Plus Nancy Pelosi has over $500,000 in this play. You know how she keeps winning. Does she know something we don't? Leap Options may be in order.
GS - Is Goldman Sachs still too big to fail? Currently, price is riding the upward trendline of support. This is a critical point to indicate if price will recover or continue to fall. The market will be keeping and eye on GS. Portfolio Builders Club - Encouraging everyday people to start building a portfolio of growth and cashflow producing assets.
Dell is well within the Gap pivot zone and above the 25, 50, and 100 EMAs. Will it push through the zone to get back to the Highs? Dell benefits from the advancement of AI and semiconductors. Will longterm options traders capitalize on the move? Is Dell on your watchlist?
Bitcoin is tapping into the 100 EMA. Will BTC Bounce or fall at the 100 EMA. If we get a bounce, price could move back to 72,000. Add BTC to your watch list?
DraftKings is back above the 100 EMA and broke through the gap pivot zone. Blue skies to the Moon? Otherwise, will price retest the Gap pivot zone? What are the odds on that?
NFLX - Netflix is looking like it will drop to near $500 and fill the previous price GAP. If this happens price will be about 40% away from all-time highs. This could be a much greater move when using Call Options. What are your thoughts on Netflix at this point?
Nikola is below 60 cents again. The closer to 50 cents the better. Either way this is our support key zone between 50-60 cents. Is this another opportunity or will price fail this time?
SMCI is approx a 50% gain away from all-time highs. Do you think the chip industry will rally again? How long do you think it will take to gain momentum? Price is currently hovering near the 100 EMA. This could be a good place for a bounce. Add SMCI to your watchlist?
NVIDIA NASDAQ:NVDA - Will NVIDIA hit $1,000 Today? What's next after that? Will Shorts come in? They say 'what goes up ,must come down.' Will this hold true for a juggernaut like NVDA? Also could this turn into a short squeeze? Will non-farm payroll fuel some volatility today? Will it be the perfect storm or just another day in the books? What are your thoughts?
DKNG still hasn't broken out of the yellow line pullback. If price continues down to about $36 (near the 200 day EMA, price will be 100% away from all-time highs. What are your thoughts? Wait for price to break out from the yellow line pullback, then buy Leap Call options anticipating a move toward all-time highs?
Will Elon lean into Dogecoin like Roaring kitty(Keith Gill) leaned into GameStop( NYSE:GME )? Meme Stocks are taking off again. What about the meme crypto coins? Is it time to start looking into crypto trades? Doge is finding support at the 200 and 100 EMAs. Doge just needs to breakout to the upside. Doge is one to watch. If you are not into direct crypto,...