Hello fellow traders and investors, the Nasdaq has sold off it's 15 500$ area where there is a very strong support. The Nasdaq has been trading lower for many different reasons including the Fed's recent report announcing a faster end to its pandemic-era stimulus, the end of bond purchases in March, three interest hikes set to happen in 2022 and various other...
Hello fellow traders and investors, SFT has recently sold off. It offers a 33% ROI to the take-profit area. Entry: Now Take Profit: ~9$ Stop Loss: ~6.35$ Technicals: -RSI=Oversold -MA's still indicating a downtrend -Testing a support area Fundamentals: -Shift Technologies, Inc. provides online automobile purchasing services. It also provides an end-to-end auto...
Hello fellow traders and investors, ADSK has recently sold off approaching their earnings report which they beat. It offers a 20% ROI to it's previous high. Entry: Now Take Profit: ~345$ Stop Loss: ~281.50$ Technicals: -RSI=Oversold -Still trading under the 12SMA -Testing a support area Fundamentals: -Description: Autodesk, Inc. engages in the design of...
Hello fellow traders and investors, CRMT has recently sold off approaching earnings. It offers a 30% ROI to the take profit area. Entry: Now Take Profit: ~165$ Stop Loss: ~123$ Technicals: -RSI=Oversold -Still trading under the 12SMA -Testing a support area Fundamentals: -Description: America's Car-Mart, Inc. engages in the sale of older model used vehicles and...
Hello fellow traders and investors, in this post I will be covering each of the stocks I'm watching for this week including Pinterest, Tattooed Chef, Wix and Lemonade. 1. TTCF 2. WIX 3. PINS Note: TTCF is known to be volatile so make sure to size your positions accordingly. If you enjoyed the analysis make sure to like and follow for more! Thanks!
Hello fellow traders and investors, WYNN has recently been selling off and it looks like it's found a support around the 100$ area. It offers a 35% ROI if it makes a recovery to the take profit area. Entry: Now Take Profit: ~137$ Stop Loss: ~97.50$ Technicals: -RSI=Oversold -Moving averages still indicating a downtrend -Testing a support...
Hello fellow traders and investors, Logitech has recently been selling off approaching earnings. They reported a beat in revenue and earnings estimates which the market will eventually price into the stock price since this is a positive catalyst. I have personally taken a large position in Logitech since I see minimal risk and a good ROI potential. Entry:...
Hello, fellow traders and investors SU and other oil & gas companies have sold off in the past weeks and they look like interesting buying opportunities. My personal favorite is suncor since it offers a good ROI and they are slightly profitable, unlike many others. If SU makes a recovery to the take-profit area it offers a 22% ROI. Entry: Now Take Profit:...
Hello, fellow traders and investors HEAR has recently pulled back to the bottom of the channel, if HEAR makes a recovery to the top of the channel it offers around a 45% ROI. Entry: when MA's crossover Take Profit: ~42$ Stop Loss: ~27.30$ Technicals: -RSI=Oversold -Moving averages still indicating a downtrend Fundamentals: -Description: Turtle Beach Corp....
Hello fellow traders and investors CitiGroup has been experiencing a pullback before their earnings report that was released today. They beat EPS expectations by 45% and also slightly beat revenue expectations as well. Citigroup offers a 16% ROI if it recovers to the take-profit area. Entry: ~67.75$ Take Profit: 80$ Stop Loss:...
Hello fellow traders and investors Sofi has recently been experiencing a pullback and looks like we're headed to test the support area marked on the chart. I am expecting a reversal after testing that area since we can see that it is a strong level of demand and selling volume is getting exhausted. it offers an 18% ROI to the 1st TP and a 65% ROI to the 2nd...
Hello fellow traders and investors AMC has pulled back to the support at around 40$. AMC tends to push up when it approaches this strong level of support. It offers a 25% ROI to the first take profit and a 50% ROI to the 2nd take profit. If I do take a trade on AMC I will close my position before market close because of the volatility present in these types of...
Hello fellow traders and investors WBA has pulled back approaching their earnings report which ended up exceeding expectations. The 46.50$ area has acted as a strong level of support in the past and as we approach that area I am getting ready to buy some shares. It offers a 17% ROI as of the time of publishing this idea. Take Profit: 55.80$ Stop Loss:...
Hello fellow traders and investors the Nasdaq has recently been rallying and has been making ATH's. I am anticipating a correction in the near future. I am personally not reducing my position just yet however when the Nasdaq starts selling off I will reduce my position and look to reaccumulate when we hit around 13 600$. Make sure to be ready when the time comes...
Hello fellow traders and investors Air Canada has pulled back to the trendline which acts as a support. Our take profit target is placed around the 29$ area offering a 13% ROI. Take Profit: 29$ Stop Loss: 24.75$ Technicals: - RSI=Oversold - 8SMA=Still indicating a downtrend Fundamentals: - Market Cap: 8.66B - Sales Last 12 Months: 2.84B - P/E: - P/S: 3.05 -...
Hello fellow traders and investors, here's a trade idea on ticker: AIT If you enjoy the content I publish please like and follow for more! AIT has recently sold off to the 80SMA which has been a strong level of support in the past. If it makes a recovery to the take-profit area it offers a 17% ROI. Technicals: The RSI is oversold The MA's are still in a...
Hello fellow traders and investors, here's a trade idea on ticker: AAL If you enjoy the content I publish please like and follow for more! Autohome Inc. has recently been selling off all the way back to the support area established in 2018. If it makes a recovery to the take profit area it offers a 83% ROI. Technicals: The RSI is oversold The MA's are still in a...
Hello fellow traders and investors, here's a trade idea on ticker: AAL If you enjoy the content I publish please like and follow for more! American Airlines has recently sold off to to the trendline that acts as a support, if AAL makes a recovery to the take profit area it offers a 16.50% ROI. Technicals: The RSI is oversold The MA's are still in a downtrend The...