This is a stock that is backed by Ark Invest and Bill Gates. It took a hit and has been working it's way back, we see it in a bull flag right now holding above the 50 dma which is a good place to rest before take-off. I would look for a breakout heading out to the 20's...now it is smart to scale out of a trade looking for pulling profits at 20% ROI or so and...
Bitcoin is starting to find it's footing in the markets. It has been a volatile asset class and will continue to be, albeit maybe not as volatile. The bankers don't want this to take a strong foothold and Yellen is Anti-Bitcoin. Most of the central bankers and elites are pushing this narrative to keep control and create their own digital dollar or currency the...
This is a technical trade on the breakout with the spac of Romeo. I will follow this one closer with stop loss and plan to make it a quick trade until I know more about it. RMG is breaking out with very high volume, this is a SPAC in the EV space is potential could be a strong player for Romeo. "RMG Acquisition Corp in a $1.33 billion deal, the companies said on...
As Bitcoin matures we have seen it through it's toddler years and the early adopters. I purchased in 2013 but was not that aware of the potential. Then we experienced the 2017 FOMO run and another collapse as we had a great shake out of the crap altcoins. Now however we have the Banks and Wealthy looking to own BTC. With a breakout of the 20,000 mark there is NO...
This stock has been moving higher and looks great. Due to the spread on options, I purchased 100 shares on a bull flag breakout. I have set alerts. The company sells products in the marijuana industry. Will keep eye on it, seems like a growing area and may turn out to be a long term investment opportunity...will continue to study it but for now target is about $18...
The entire world is living on debt, the race to debase and the USA is pushing 30 trillion in debt by year-end. Our debt2GDP is 103%. If Biden wins this could move much quicker as they will flood more stimulus into the market and they are not prepared for helping grow the economy so we will see challenges in our economy. I am looking at investing in the physical...
I like this stock, no debt, strong position and the technicals look great. Breakout and great cup formation, plus it jumped the river and tested the ice. The trade is accelerating. I am looking for long term, will play this over time with many positions. It is new so eye is on the ball!
This is a strong sector for the future, the technical set up is nice and ready to move out of the resistance area. The volume and MACD show buy, weekly looks good. Do your research. The risk if followed is around $3 per share
I usually trade options but wanted to take a small position here. We have APT with a nice PE ratio of 14 and great earnings. The ROE is 34 which si excellent. The risk is that they are tied to COVID in their sales, but sounds like their other product lines are not doing bad. Since they have sold off and are at a decent support level with a bounce along with the...
It looks like Ripple is setting up again for a big move out of this short consolidation. I like this for long run....have a look and all looks strong as well as macd. Stop can go below the pivot low on the flag
ETH is down with a lot of financial instruments. Timing is not easy in crypto but this is potentially a buy at this price on the trend line, for buy and hold it is good to buy on dips for trading you can protect with stop losses. If breaks this trend with a close could go lower but we have seen little downside on these
IOTA attempted a breakout but could not hold it. This however I believe will breakout and could see higher in 2018 of over 5.00 due to the demand for IoT and the fact big money is waiting on the sidelines. However just moving up past this overhead resistance will provide blue sky. This to me is a great long term play to buy and hold for 3-5 years and see where it...
Ethereum has done well and this move higher by many cryptos will continue to ad fuel to ETH and BTC. I thin however the move up with little downside and many dojis is creating a potential for lift off to a higher move based on a measured move area. I did not get detailed but only put an idea of the next leg up. The nice thing with this is you can set stops (if...
Litecoin has been creating a nice cup "saucer" type base and looking ready to break out. I think should it break soon a $137 target would be hit. The macd is looking good and the entire crypto space is moving, as BTC goes higher I believe people sell and buy alt coins like LTCUSD. I would keep it simple and buy on breakout with money you can afford to risk/loose.
Channeling stocks were the first way I learned to make money. Find the channel and buy at the FLOOR support and sell at the CELINING resistance. That would be a $43 to $48 channel and find the profits in there. Always remember to know your EXIT before you enter, your stop and your profit and manage your trades...but this strategy made me money.
Chipotle has been beat up a long time getting momentum and looks to be ready to breakout watch for volume support the move and could be a nice longer term play back up to the 500s