RedHotStocks

RedHotStocks

Signet Jewelers has had a terrible few years, restructuring, change of leadership & retail spending issues have all added to a already downward spiraling stock price. We take the contrarian side, the stock is now sitting on support from 2011 and indicators are showing that investors have started to return.

RedHotStocks

Align was a darling stock of 2018 but the bigger the gains the greater the fall. It seems that the correction has finished and has now made a nice move back up to the 200ma. We are positive on the stock and out bullishness will be confirmed by a move above $305 . In our image conscious society Align has no trouble attracting customers worldwide.

RedHotStocks

Nutanix is a lesser know enterprise cloud software provider, with major growth prospects. During the earnings release the company provided poor guidance due to new strategy implementation, thus the massive sell off. The CEO quickly addressed the concerns of investors in the days that followed and walked back on this new strategy, admitting it was flawed. This has...

RedHotStocks

We are extremely bullish on skyworks solutions, as it has built a great level of support and has yet to break out of a Cup & Handle formation, which will reward investors with 25-30% upside potential.

RedHotStocks

Twilio finally showed some weakness and the selling was quite intense. we will be looking for along in the stock if things become more positive but will be aware $115 could be the buy level. Fundamentally the company is still in extreme growth and still has a relatively low market cap making it appealing for as a takeover target.

RedHotStocks

Currently struggling to pass multiple resistance levels but as long as BTC stays strong EOS will follow. Already up 270% from its lows some profit taking is very much expected on the way up. Our longer term target is $9.00 but a inevitable pullback must precede.

RedHotStocks

BTC finally broke out of the wick channel which signals to us the next impulse wave is starting. Currently battling to break the overall .618 fib, which would clear the way to price extension $5465.

RedHotStocks

ETSY is quite the opposite of Amazon, it prides its self on the craft industry and unique products from small producers. Sustainable small cottage industry manufacturers can have a global shopfront, which is not driven by price and discounts. Etsy has plenty of room to grow by ethical means. We await a breakout about from current formation to confirm a buy with a...

RedHotStocks Updated 

Extreme 64% move yesterday has set of a few alerts on this stock with higher than average volume. Specializing in integrated business solutions, has the aim of creating shareholder value by spinning of business units. We will be looking for follow through on price action and a break above $2.30.

RedHotStocks Updated 

This stock has had a amazing spike in volume and price, with any oil and gas exploration company there is always a high RR,but we can only assume something of interest is on the cards.

RedHotStocks

$NTES Netease is a Chinese company with multiple revenue streams. Due to the Government in China banning the distribution of many games, Netease suffered greatly and investors fled. Regulators have now started to issue new licences which could unlock vast gains. This is not a stock for the nervous investor but we think it is well worth a punt. UPDATE Regulators...

RedHotStocks

What a comeback from SNAP, shorts are getting killed on this, we called it long last week and turns out to justified. A upgrade today has added furl to the fire and we think this keep going to $13. Hope you followed our buy call.

RedHotStocks

Fedex has had a year to forget, economic slowdown, trade war, dollar strength and miscommunications have made investors run for the hills. Buyers have started to return in the last quarter as the stock provides a good risk reward opportunity. Current indicators point to future gains and the price has just broke over the 100ma and resistance level.

RedHotStocks

Yeah we all hate the banks and financials, but this is a way of getting your back all those charges. The sector had fallen out of favor last year but in the last 2 months the big banks are staging a rally. Earnings are just around the corner and word is they will be good. This way you buy the basket instead of risking your money on picking 1.

RedHotStocks

Boingo Wireless if far from a household name, but on 04/04/19 we seen a spike in price and unusual volume, this was aligned with heavy option call buying. In this case we can be sure someone knows something we don't, so we are going to follow their lead.

RedHotStocks

CAESARS entertainment has been on our radar for a while now. Recent activity in the options market has signals significant gains are ahead. The dawning of sports betting and rumors regarding activist investors interest in selling the company to a competitor has also brought investors back to the stock. It is approaching a apex on the chart we think it breaks up.

RedHotStocks

The future is very bright for AMD, no longer is it the cheap alternative but is taking on NVDA and INTC in their core businesses such as Data centre and Gaming. It seems that AMD was not as exposed as NVDA to the crypto craze thus earnings stayed strong, ensuring the stock was relatively stable. Upgrades lately reaffirm our confidence in the stock going much higher.

RedHotStocks

Although there is a pullback today, we think it is short lived. Roku has punched above its weight in the media industry and avoided becoming a target. Strong growth continues into the future.