Based on after-market price action META has already dropped from about $493 into the gap at about $420. There is room to fall further to the 200 day EMA that coincides with the previous all-time high. We would definitely expect some reaction at that point. There should be a lot of price action at this point since the gap is so large. This is a wait and see situation.
NVIDIA NVDA continues to swing upwards. We are keeping an eye on the $1000 level. Is this a good time for a call Option entry?
When you go to the movies do you want to sit right up on the screen or back a bit in the middle of the theatre? If you zoom out to the daily chart for AMC, you start to see past patterns. AMC below $4 is and interesting price. From $4 AMC is 50% or 100% away from recent highs. A price below $4 is even farther away from recent highs, percentage wise. Always...
NKLA - Nikola is approaching the 50 Cents mark. A brief opportunity in a period of price weakness? Growth and loss become exponential at this point. A move from .50 to 1.00 would be a 100% increase in price. A move from .50 to .25 would be a 50% loss. Are prices below .50 optimal prices for scalpers or swing traders? Or, is it time to build a less expensive...
SoundHound AI - Everybody is talking about Artificial Intelligence (AI). The social media buzz is all about AI. The world is asking questions like: What are the possibilities? How far will AI go in its reach into day-to-day society? Meanwhile, AI stocks like NASDAQ:SOUN are becoming more and more popular. If SoundHound's stock price makes it to the $9.00...
Block NYSE:SQ - Block has been consolidating in this 50% zone for some time now. We are looking to see if it can flip to the upside of that zone. If it can flip to the upside, then there is 250% potential move to the all-time high. Block is one to keep an eye on.
Cloudflare NYSE:NET - Will it swing into a 150%-200% move? Cloudflare has a long way to run if it gets back to the all-time high. Price it trading above the EMAs even though we are in a pullback. If it pulls back into the EMAs, it could swing into a 150% - 200% move back to the all-time high. Cyber security will always be a concern. If Cloudflare can...
If you use DraftKings, you might want to add DraftKings to your watchlist. DraftKings has been pushing up for several months. Price is less than 100% away from all-time highs. Those who buy and hold or use LEAPS options know what that could mean in a portfolio. This is an 'All Ships Rise with the Tide' technical analysis. Anyone else looking at DraftKings?
Bitcoin (BTC) Is getting closer to $60,000 and may eventually break the All-time High. There are a few ways to capitalize on BTC moves. 1. Direct purchase of crypto from crypto exchange like Coinbase 2. Invest in stocks associated with BTC. Examples include NASDAQ:MARA , AMEX:GBTC , NASDAQ:COIN , NASDAQ:RIOT , NASDAQ:MSTR 3. Invest in LEAPS options...
UPST - UpStart would have to move 1000% to get back to all-time highs. That is mind blowing. It is more reasonable to go 100% based on the chart. That is still mindblowing. We will see?
LYFT stock has done amazing thins in the past. Is history set to repeat itself? Can we get a Lyft to higher prices?
DKNG DraftKings is one to watch going into earnings and the big Super Boawl weekend. There is a lot of space between the current price and all-time highs for the patient investor. Consider LEAP options as well to accelerate growth with risk management. Keep an eye on DKNG.
MARA is on the move again. Longterm 50%-100% gain to get back to previous highs. Also watch BTC cryppto also to see if Bitcoin will run to indicate MARA moves coming.
Safety Shot (SHOT) is planning to have promotional events surrounding the Super Bowl according to new article. Will the 'recovery' drink be a success or a 'shot in the dark'? The momentum is looking strong right now with decent volume. One to watch 25%-50% with tight stoploss. You don't want to catch the downside since it is only in the $3-$4 range.
Will Netflix fill the price gap with a 10% move on this daily chart? We will see?
Portfolio Builders Club advocates for all people to build a self-directed Investment portfolio in addition to any managed or corporate led investment portfolio they may have. The energy that accelerates results is compounding. No matter how much you gain from each investment the macro goal is to repeatedly 2X(double), 3X, 4X... your initial portfolio value. No...
Are you going to get into one of Cathie Wood's 'arks'? Cathie Wood is the CEO of Ark Invest. Ark Invest offers a list of ARK ETFs in various markets. Coulld your investment run up 50-100% with patience? Investing is like growing a plant. It may sprout up quickly or it may take time. The question is if you have good soil, water, and sunlight. Is ARKF good...
When building a portfolio, we are looking to add assets that have the potential to grow in value. MARA is starting to show signs of bullish momentum as it is breaking above the Daily 200 EMA and 50 EMA. The distance to the recent highs is about 70% higher than the current price. MARA is also showing positive net income.