amateur_trad3r

amateur_trad3r

Jumia, 3D Systems, Fubo, Skillz, Virgin Galactic, Plug Power, Nio, Jinko Solar, Xpeng, Li Auto, Momo, Pinterest, Beyond Meat, Peloton, Tesla, Square, etc. Some of them have lost more than 50 percent since the peak of February. It seems they all touched the bottom this morning. Notice how they move in unison despite belonging to different sectors, the same could...

amateur_trad3r

3D Systems, Nano Dimension, Protolabs, Stratasys and the Print ETF have all moved synchronously and have been falling since the February peak, eroding accumulated gains so far this year. The underlying technology is not fully implemented or developed yet, it still has room to continue growing, although in the short term the outlook does not look very optimistic.

amateur_trad3r

The main competitors of e-commerce, including Ebay, Amazon, MercadoLibre, Jumia, Square, PayPal, Pinduoduo, Etsy, Shopify, JD and Alibaba, are experiencing a major correction, some are touching crucial support levels, so there is the possibility of rebounding, but also the possibility of them falling further. In any case, they continue to belong to a growing...

amateur_trad3r

The electric vehicle market is experiencing a major correction, among the most affected are Li Auto, Xpeng, ElectraMeccanica and Romeo Power, I myself made the mistake of thinking that another bullish streak was coming but it turned out the opposite. However, a whole and growing sector cannot continue to decline indefinitely, they will eventually hit the bottom to...

amateur_trad3r Updated 

Almost 50% below its August high. 55-period EMA flattening out. Low volume for months. Resistances at $14, $17 and $22. In support around $11. Backed by Renaissance Technologies, Vanguard, Bank of Montreal, and BlackRock. "OBCI is a leading manufacturer and distributor of maintenance and appearance products for the marine, automotive, recreational vehicle...

amateur_trad3r

It seems to me that it is looking for a reversal. The price has already been rejected 2 times by touching its EMA. It has resistance at $19.5 - 20. 30% below its August high. It can go as high as $25. "Fonar Corporation designs, develops, manufactures, and sells magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human disease." NASDAQ:FONR

amateur_trad3r

It can go back to $ 33-35 on a bounce. In a good support around $ 30. NYSE:PLTR

amateur_trad3r

30% below its October high. Stochastic at the oversold point. In bullish channel since December. Playing a stand on the inside pitchfork. With potential to return to $ 24. Some of its customers include American Airlines, Cheddar's, Holiday Inn Express, Starbucks, Taco Bell, Petco and Swarovski. With institutional participation from Vanguard, Wells Fargo and...

amateur_trad3r

Almost 40% below its September all-time high. Stochastic at the oversold point. On-balance volumen falling into a support level for possible reversal. It has respected the Fibo areas on several occasions. Touching support at 23.6% of the fibo around $20. It has resistance at $22.7 and another around $25. Almost 70% institutional property. Backed by Invesco,...

amateur_trad3r

It has a support level at $34 and resistance at $40, currently trading around $ 37. Touching its 55-period EMA. In uptrend since December. Belonging to a sector with future potential (cybersecurity). With low volume waiting for a strong movement. It can hit the $50-60 range during this quarter. Among its main customers are the Department of Defense,...

amateur_trad3r

Support level at $ 60. Resistances at $70 (61.8% of the Fibo) and $80 (78.6% of the Fibo). Expected return between 7 and 23 percent at current price during this quarter. Close to breaking a triangle (bullish) Initiating a bullish channel. Exposure in more than 170 ETFs. 80.39% institutional property. Vanguard, BlackRock, State Street, and Invesco as its...

amateur_trad3r Updated 

After falling since September last year, it seems to have reached a bottom in January, starting a recovery. I visualize 3 possible targets in different time frames: $ 24-25, $ 30, and $ 40. Its main institutional holders include Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs, mmm. Its on-balance volume seems to have reached a support level in...

amateur_trad3r

Its moving averages of 63, 126 and 252 periods have been closing. It has strong support around $ 15. It has resistance around $ 20. It comes closing a triangle (bullish). The long-term trend remains bullish. "Mastech Digital is a leading provider of Digital Transformation IT Services. The Company offers Data Management and Analytics Solutions, Digital...

amateur_trad3r

Higher lows in the amazing oscillator. Jumps in the accumulation/distribution indicator not reflected in the price properly. 70% below its all-time high in July 2019. Close to a strong support level at $ 4.70. Positive net profit margins. Positive sales growth. Moving average flattening. With support from BlackRock, Renaissance Technologies, Vanguard and...

amateur_trad3r

Some gold miners operate synchronously. They have been falling since the peak of August. They are quite sensitive to movements in gold prices, maintaining a positive correlation. They are trading below their 200 day simple moving average (undervalued signal). Its last 2 peaks have occurred in the first week of the month, 2 months apart. What is the...

amateur_trad3r

Close to the oversold point in the stochastic. MACD below 0 with reversal signals (bullish). 35% below its all-time high in November. Since December it has fluctuated between 61.8% and 50% of the Fibo. Its 55 EMA is flat (it can't hold like this for long). It may be preparing to start a trend. It has resistance at $18 and $21 ($20 can be a good target). It...

amateur_trad3r

Almost 80% below the July 2017 peak. 89.73% institutional ownership. It comes completing a reverse head and shoulders pattern (bullish). Some of its institutional holders include BlackRock, Vanguard, Renaissance Technologies, State Street and Morgan Stanley. It improved its income in the last quarterly report. Its accumulation/distribution indicator is...

amateur_trad3r

Almost 40% below its November all-time high. Close to touching its 55 EMA. He still has some left to go to the oversold point in stochastic, but it could be a good entry point. If it reacts to its moving average and the trend continues, it could return to a high of $ 70 between now and March. The most that could fall is around $ 40. "Xpeng or Xiaopeng Motors...