As we can see from the above chart, overstock as been down significantly since its peak in February. Since I began analyzing this stock, it is clear that it runs closely with the cryptocurrency market as it announced it would be implementing this on their online platforms (blockchain and cryptocurrency capabilities). After diving deeper, I believe this stock will...
Earlier today, Citron Research tweeted that they believe NVDA is on the way to $200. They pointed out that customers are moving away from GPU to TPU as they find it easier and cheaper. After the companies Q2 report and disappointing crypto stream, I could see this being a possibility. Especially from the head and shoulders pattern we can observe. $NVDA has been a...
As I am sure you all are aware of the speculation surrounding $TSLA going private at $420, I want to hear: are you still LONG/SHORT or has your opinion changed? Personally, I have too many questions about them going private. The main one being the price target of $420 are where this funding has been secured from. According to Elon's tweets, shareholders can either...
With earnings approaching like a slow moving freight train, $TSLA stock has had a bearish outlook. Expecting a sharp sell off when markets open Monday with panic selling. Although the CEO, Elon Musk, has promised investors and tried to spook shorts with a profitable Q2. Earning estimates still being negative, we might sell a serious estimate beat. With the overall...
With the much anticipated earnings of $NFLX quickly approaching within the next few days, we saw a drop in price at about 4.28% when market closed on Friday. With the earnings estimate being 0.79 EPS and a previous earnings target being met at 0.64, I think Netflix will see a continue rise in stock price in the long run given the earnings report next week goes...
$SE is a stock I have been watching very closely. We can see a primary and a possible secondary resistance trend forming. This company has exploded the past few weeks but will the upward trend continue? I want to hear what you guys think down below in the comments. In my opinion I think this company is a great long term buy with huge gain potential, with the...
Little ghost pattern spooking investors (haha) but MU is going to the MUOON! Blast off approaching, hop on the rocket before it's already in orbit. In all seriousness though I think Mu is a great long term buy.
From looking at the chart patterns, I believe we will see a somewhat classic cup and handle pattern into the next few months. I am anticipating an upward breakout trend now that WB has increased his stake in the company and increases shareholder confidence . After consecutive bad earnings reports I believe this company will recover due to the modest estimates for...
Even though AMAT recently missed earnings this quarter and received a sell recommendation by many analysts, I see this as a good buy opportunity. We have seen steady upward growth from AMAT and they've had pretty unusual volume when it comes to recent earning plays. I see consistent support in these troughs, the RSI is recovering and believe this stock will bounce...
Constantly seeing breakout trends since the IPO in October. Flipping between resistance and support, I think we are in a support trend now and then going to follow a resistance trend following in the next few months