Long Entry: $7.50 Stop: $6:00 We will be taking this trade right after a minor pullback from this current level of $8.56. I think there will be more potential upside on this stock as every countries are increasing the power demand due to AI development. We are now seeing nuclear power revival as uranium energy can produce more energy compared to coal.
This is the stock I've been accumulating since it tested the 89 level. You can read my blog post here. This will be our long term PH stock position. To reiterate what I've written from my blog post : "Technically, my price target is 150.00. If for some reason, this play won’t work out, I will be out once I’m down by 7% here, remember that. I’ve seen some...
NYSE:AQN is a Canadian investment holding company that engages in energy generation and water distribution facilities. We are starting to buy shares that are trading at TSX between $6.00 - $6.96 as we think that this will base on this level. Our stop on this long position is at $5.08 if our bull thesis won't work. We think the company will benefit from the...
We've seen former US President Trump used Bitcoin to pay for the food and drinks of patrons who attended the crypto-themed bar in New York. I guess this unique situation speaks for itself. If he will get re-elected, be ready for another breath taking crypto rally. But honestly here's my opinion, inflation is the greatest enemy of fiat currency because of the...
I have been observing the price action of Netflix for the past days and it seems to me that it is showing some weaknesses at this level. Next earnings release will be on October 17, what ever the result is, in my opinion, profit taking can happen at this level. Shorting this one will be expensive as NFLX trades at around $707.35 at last week close and the risk of...
Trade Idea: Short Entry: 230.15 Stop Loss: 234.25 Why are we shorting this? AAPL stock price is overvalued META 's VR Headset ($299.99) is cheaper compared to AAPL Vision Pro ($3,499) Latest Iphone model still waiting for AI Apple Is No Longer in Talks to Join OpenAI Investment Round Buffet trimmed down his stake already Ask yourself, what's the next...
Long Entry: 107.50 Stop Loss: 104.50 We are long on this one for now as oil and its peers are starting to advance due to the increasing tension in Middle East. USO is now at $72.11 and might be at $75.00 before this week ends, if no visible peace talks between each countries. If the momentum to the upside sets in, COP might be able to test the $115 level in no...
I have read a lot of trading books since the time I started trading my own account and the one book that really helps me out and “I wish I’ve read this one first” – is Market Wizards Interview with Top Traders by Jack D. Schwager. Here’s the list that struck me most that I’d like to share: “Early trading failure is a sign that you are doing something wrong;...
Labor union, issue with the starliner, engineering problem, the looming debt, factory shutdown are the factors that will reflect in the next release of EPS. I will wait for this level before going LONG.