With the PFE vaccine news, reopen stocks are ready to rock again. Restaurant have started to recover, but there is more upside room. Looking at BLMN for the following reasons: 1. I have traded the stock from 9 up to the current levels and believe in the management and product 2. The officers of activist group JANA Partners have officially joined the BLMN board -...
To reiterate the notes on the chart, the stock is pushing up against resistance and setting up a major breakout. Tremendous upside potential, however there is always downside risk. Given a potential for upside into the 7-9 range, I'm willing to roll the dice.
Trending downward after failing to break resistance at 39. Holding support would be an opportunity to go long, however breaking support 29.50 is likely. Headwinds: California state law to provide benefits to all drivers is still out there, this could have a significant impact of UBER/LYFT. COVID outbreak shouldn't have too much of an impact for UBER as they...
VOXX appears very attractive: Technical Analysis = Cup & Handle Insider Buying High Risk - High Reward
CNQ is in natural gas industry. The stock in on a positive up trend and displaying buy signals on both fundamental and technical fronts. I'm looking for a pull back to enter and aiming for 27 initial target, has potential for mid 30s.
As noted on the chart, the stock is within range of getting through major resistance at 10.47-10.65. Doing so, puts the stock in a position to gain 25-30%. Trade-Rite or don't trade at all.
I think we have a shot for 20-22 on the stock. It created a double bottom and broke minor resistance. 18.54 is the next hurdle and 20s are a layup. Buckle up!
Unusual selling pressure on FOXA. The triple top is concerning. Especially on a huge up day
As noted on the chart, the market has been under pressure lately, which has lead me to the following opinion: The "cons" currently are outweighing the "pros" creating uncertainty, bears are feeling better than the bulls and while this can easily shift the indicators suggest otherwise. 1) Insider buying (CEOs, CFOs, Major Share Holders etc. have dramatically...