With 3rd quarter earnings of $3.80 per share exceeding analysts estimates, my view is that this stock has an upside target of $49 to $52 over the next 3 months. If JXN continues to post good earnings, strong cashflows & higher than estimated revenues, I believe the metrics of this stock support breaking out of the existing channel at some point. I think it...
It appears that an inverted head and shoulders has completed on PSLV.
A resistance in the price of cotton of roughly .95 cents has been in place since 2012 and was recently broken. In 2010 cotton ran all the way up to $2.00 and started breaking north this time of year. It appears that the running quantity of cotton ginned in various parts of Texas through September 15th is down significantly from the prior year. Much of the rest...
In looking at Happiness Biotech Group, I see some potential. From TOS analysis - Price/Book .5231 - P/E 6.67 - Free Cash Flow per Share $.52 If Happiness Biotech could return $.52 for the next 3 years, it would essentially generate almost enough free cash flow to cover the cost of stock at $1.74 per share. I really don't think that this stock could get much...
All signs point to a sharp downturn in the near future. The SPX could continue consolidating in the bearish wedge with small downturns until August sometime at the longest before it breaks. Once the bottom support is broken on the wedge I will be looking at the next levels in the retracement. Any ideas, both for or against, are welcomed. Not investment advice,...
One big mistake was not being patient with QD when it was $1.17 a share back in December when I realized it's value. I took some profits, but I never realized it's full potential. I think it could go as low as $1.66 before we see some significant movement, but it may never realize that amount so I plan on costing in to that point. Some basic details according...
It appears that CTRM is poised for a reversal based on the formation. I have made my first entry and wait on confirmation on my second entry. I will be setting a stop loss if it breaks south of the support. Not investment advice, just what I am doing.
Simply an idea, not investment advice because I really don't know what I am talking about and you are sure to lose money if you listen to me.