TradeThePool

TradeThePool

The social-media company is in discussions to sell itself to Elon Musk, a dramatic turn of events just 10 days after the billionaire unveiled his $43 billion bid. We think this is going to create a lot of hype for the short term and cause a rise in stock prices.

TradeThePool

The social-media company is in discussions to sell itself to Elon Musk, a dramatic turn of events just 10 days after the billionaire unveiled his $43 billion bid. We think this is going to create a lot of hype for the short term and cause a rise in stock prices.

TradeThePool

News - The company got a downgrade to $225 from $360. Levels -$208.5 is the next major support level. The stock is gapping down to $221 (pre-market).

TradeThePool

News - Gores Guggenheim and Hertz announce a global strategic partnership to accelerate electric vehicle adoption. Levels -$14.5 is the nearest resistance level. The stock is gapping up to $12.3 (pre-market). The idea is to go long at the open when the $12.35 level is established as a support level and enter above the open price as a confirmation.

TradeThePool

News - Better than expected Q4 EPS and sales results, the company expects to authorize a shares repurchase program up to 1.5B over the next two years. Levels -$195 is the next major resistance level. $138 is the next major support level. The stock is gapping up to $183 (pre-market). The idea is to go long at the open when it will try to test the $183 support...

TradeThePool

News - Gamestop chairman Ryan Cohen purchased 100K additional shares of the company. Levels -$143 is the next major resistance level. The stock is gapping up to $133 (pre-market). The idea is to go long at the open when it will try to test the 130.7 support level and fail.

TradeThePool

PDD - Pinduoduo News - Chinese state media report indicating China's financial stability with US regulators. Levels - $39.7 and $41 are the next major resistance levels. The stock is gapping up to $37 (pre-market). The idea is to go long at the open when it will try to test the 36.5 area level and fail.

TradeThePool

Today's trading idea is focusing on NYSE:ZIM The stock is gapping up to $77 (pre-market) after Better than expected EPS . The stock broke an all-time high of $75 that now became a support level . The idea is to go long at the open when it will try to test the support level and fail.

TradeThePool

Today's trading idea is focusing on NYSE:SQSP The stock is gapping down to $17.5 (pre-market) after worse than expected 2022 revenue expectations. The stock broke an all-time low of $22.43 that now became a resistance level. The idea is to go Short at the open when it will try to move higher and fails. (What we call a gap and Go)

TradeThePool

Today's trading idea is focusing on NASDAQ:SWBI The stock is gapping down to $14.5 (pre-market) after worst than expected EPS and sales results. The stock broke a major support level and now pre-market trading is below that level. The idea is to go Short at the open when it will try to move higher and fails. (What we call a gap and Go)

TradeThePool

Today's trading idea is focusing on SOFI - Sofi Technologies The stock is gapping up to $12.70 (pre-market) after earnings, the company said they expect adjusted revenue to grow 55% until the end of 2022. The idea is to go Long when the $13.6 resistance will become support. (What we call Kiss and Go)