Ulta Beauty gapped up on good earnings aftermarket yesterday and left a massive gap needing to be filled. The target is $226. If it fills its gaps, it may be ready to take off once again. If you find my ideas helpful, please give me a like and a follow. Thanks!
Intel gapped down a couple of days ago when it reported earnings. Since then, it has dropped even more, in total dropping around 20%. It is very oversold and has a massive gap that it needs to fill. It may fall to support at $45 before rising back to $60. If you find my ideas helpful, please give me a like and a follow. Thanks!
Boeing has just fallen completely out of its daily wedge. If it falls, it has the potential to fall to $120, and maybe if we are lucky, $90. However, if it goes the other way, it can rise to $235, and then back to where it was before coronavirus at $347. Along with the rising coronavirus number which causes even more fear of travel, the wedge shows that Boeing now...
Aurora has been on a drop lately and has been falling consistently to then stabilize. The technicals of this and the fact that coronavirus cases are rising exponentially causes a lot of reason for it to drop. If you find my ideas helpful, please give me a like and a follow. Thanks!
With the coming of 5G, Comcast and other companies relying on cable TV will be deemed irrelevant as it will be so easy to view news and shows on your phone or computer, wherever you are. Overall, Comcast is going to lose a ton of revenue and sales to 5G and the modernizing of cable TV. If you find my ideas helpful, please give me a like and a follow. Thanks!
Nio has been on a giant run these past few days, moving more than 20% up on many occasions. It is very overbought and has many gaps to fill. Options are very cheap and it has the potential to fall a lot. Target 1 is $7.90 Target 2 is $6.50 Target 3 is $5.50 If you find my ideas helpful, please give me a like and a follow. Thanks!
GUSH has the potential of falling hard due to it being leveraged. Covid cases are also rising like crazy, yesterday was the day with the highest reported cases, and with the reopening of many states, this could cause another lockdown, which would hurt oil, and cause GUSH to crash. It is also being pushed down by its MA, which would not be hard to break, but it...
Under Armour dropped big in the last couple of months, and now it looks primed for takeoff. First Target - $10.50 Second Target - $12.75 If you find my ideas helpful, please give me a like and a follow. Thanks!
Boeing just broke out of its wedge fully today, setting the stage for a breakout. Target 1 is $164 and target 2 is $185. If you find my ideas helpful, please give me a like and a follow. Thanks!
Myokardia gapped up more than 60% today on an experimental drug that was released to the public. May 15 puts at $80 strike options are going for 0.60 right now. I picked mine up for 0.45, but that was at $100. I think that it can fall to support at $67, making the 80 option $10 in the money. Now if you can pick it up from 0.55-0.60 that is an amazing deal. If you...
Tilray just broke above the $8.41 resistance today and ended back on it. It is a repeat of the jump at the end of March. If you find my ideas helpful, please comment and give me a like and a follow. Thanks!
American Express is in a wedge right now with earnings tomorrow. Depending on the outcome, it could move up or down 10 dollars. It is most likely down as they will get less income as not as many people will be spending money during quarantine and they will not collect on fees. Options are very cheap either way. Who knows though? Good Luck! If you find my ideas...
Google is at weak resistance. Hoping for a break up but it could also fall tomorrow. If you find my ideas helpful, please comment and give me a like and a follow. Thanks!
In 2008, the markets only fell a little bit before rising to almost back to its previous prices. However, after they rose, Lehman Brothers, one of the biggest financial firms, went under and the markets fell with it. I think that we may be able to see something like that again. If a big financial company goes under, that's when the markets will plunge. If you...
Oil and gas have fallen drastically since the beginning of January when Russia and Saudi Arabia decided to lower oil prices to drive the Americans out of business. However, even though these two oil giants have extra money, they need to make profits and in turn, raise prices. This will cause the stock to rise, and since it is a 2x leveraged ETF, it will rise twice...
Novan has previously fallen after a jump and then jumped again. I am hoping for another similar case, most likely to around $1. potential 100% gains. If you find my ideas helpful, please comment and give me a like and a follow. Thanks!
Simons is the largest luxury mall owner and premium outlet owner in the US. It has recently fallen from $160 to $46. This is because covid-19 is forcing them to close their malls and in turn lose a lot of business. The malls will be closed for a little while longer, which will force their stock down in the short term. But they will not go under, whereas many of...
3M is a medical company that is making some of the items in the highest demand on the market right now. Those are the N95 facemasks, which filter out 95% of airborne droplets for safer travel and work. These are especially important for healthcare workers as they are heavily exposed to this virus. They are also teaming with Ford (F) to make ventilators and...