Hey everyone and welcome, We are already up 40% on Foot Locker ! So why am I not selling yet ? We can see on the graph that Footlocker has recovered to a pre covid price. What is interesting though is that in 2019 Q3 the stock price was around 40$ with a profit of 125 Million. Now look at the stockprice in 2020 Q3, the stock price is around 40 with a proft of...
Hello everybody and welcome to a $BYND bullish scenario 🤠 Long story short New competition doesn't seem to be able to penetrate the plant based market. Beyond meat is the only brand that is really placing it self to be a market leader. When you think plant based burger, chances are you think of $BYND . Personally I am a big consumer of meat but I also care about...
Good morning and good evening everyone ! Lets talk about Gold. On the graph we can see Gold is very close to the 200SMA chances are this is a good time to buy into Gold for the long term. The 200 day moving average often provides a good idea of when to buy into a stock/commodity when you believe in the underlying fundamentals. This is potentially not a bad time...
Good morning or good evening depending on what time zone you're in when reading this. 🤠 Today on the 25th our biggest stock in the portfolio released their Q3 earnings report. As of now we are 74% up on average in this stock. For all of you who aren't aware of what JWN is; Nordstrom, Inc. engages in the manufacture and trade of clothes, shoes, and accessories....
Hello traders, This post is a bit late after my opening. My apolagies for that. on 31/07/2020 we opened up a long position in NASDAQ:BYND Opening at 122.91 BYND earnings report will be coming very soon and we have good faith here that the numbers will be good. Also coming from the support line a small hammer formed which I see as another good sign. our...
Hello traders, Yesterday I opened up a postition in XETR:ALV opening at 179. We did this because the support line was tested for the third time and held it once more. ALV will be announcing earnings on the 5th of august. It will be interesting to see what happens here. Our stop loss is currently sitting at 171.7. If you would like to see more of my trades in...
I see a potential move up here. I opened a trade at 6.75 at the support line, taking profit near the resitance line. Stoploss at 6.58. PS: I'm in no way an experienced trader, nor is this investing advice. I't is mainly just for me to keep a record of my charts and review them at a later time.
Hello everybody, Today I would like to talk about a company I have been in for a long term for a play on the return of the uranium market. I believe that the uranium market has a big potential if you look at the risk reward ratio compared the past uranium prices. the supply for uranium is shrinking, for example Cameco suspending production in their Uranium...
Today I would like to talk about something I noticed last week. On the chart we can see that facebook is flirting with the 3 year old support line, starting on the major pivot point on 24 august 2015. I think we have probably reached our bottom around 159$. It is not everyday we get to buy facebook near this support line. We can see that the stock has dropped...
A variation of the dragon fly doji has formed. Since this doji is formed after a multi week sell off it could point to a reversal. Also look at the increased amount of volume on the doji. So here we have an indication that the week started with a strong sell off however the bulls fought back and pushed the price back to 0.02CAD above the doji's open. RSI has...
NASDAQ:WDC has formed a hammer after following a multi month sell off. It was followed by a strong bullish candle the next day. The RSI had not been this low since 2009 showing that this stock is oversold. This points to a possible bottom and bullish reversal in the coming weeks.