The QQQ has remained within this parallel channel for months now. As soon as it becomes over extended (top line), it corrects hard for about 20 days. Get in now and wait, or hope for a small bounce and get in. I believe we are headed for a correction. Buckle in!
Full disclosure...I believe that JPM's recovery from the COVID crash occurred for 1 of 2 reasons, maybe both: 1) They're too good at making money (or not losing it). 2) They're cheating. There are two concerning trends that I would like to point out with this analysis. I'm more inclined to believe the latter due to precedence, which increases the long-term risk...
Beautiful Canadian stock. Looking at a +$1.4 on a per spike basis. We know the value in nickel - for the potential EV market. If you want to set a stop, do it at $2.5 so that you don't lose out in a potential sub 3 dollar dip. I would buy more, you only lose once you sell :) $5.5+ price target. Love it long. Will be buying at either 3.25, or at 3.5 on its...
When I say 20% gains on this stock in a matter of days, I f**kin mean it :) The amount of money that GEVO has made me by playing the swings is unholy, to say the least. GEVO in the 6's is a buy, if you are blessed enough to catch it in the 5's, just liquidate your portfolio and buy it (not a financial advisor lol) It'll be back in the 9's before the end of...
I've been playing MARA as a swing for the past couple of weeks, and as far as I can tell, it has essentially been a leveraged BTC play. Does anyone know what's going on? My guess is that the guys swing trading this like me, sold off in order to get in on CoinBase IPO... I believe it will bounce. I wonder what the price will be if BTC goes below 60 - which I...
Very speculative but I can see ShareCare being a leader in the digital healthcare industry. Company of the Future. Keep an eye on this.
I love JNJ long and believe that they are going to be fine with the recent COVID-related dip. Their vaccine could do more damage than AstraZeneca's and governments will still buy it in order to herd the sheep. You need to understand that JNJ is so much more than a vaccine company. Expect this stock to go back up to the $167 level, as well as breaking the $170...
With the recent deal that Fox made with the NFL (go Niners), I believe that this makes Disney a lock to break all-time highs very soon. I have Disney on my 7 wonders of the stock market list (available upon request), so not only is this a safe bet regardless of securing NFL TV rights, but this simply secures Disney's position for the long term as well. I believe...
I watched a very encouraging interview that CEO Merrick Okamoto did, and I must say I am pleased with the direction that this company is heading. After the rip from yesterday, we now know that retail investors are prepared to break all-time highs, without the same-day regression. I love this company long, so I will be buying once my first support limit is...
Shoutout to my friend Greg Mannarino. I'm fully on board with his views on Crude Oil. I suggest you watch his videos to get a better understanding. The idea is that the price of crude oil is being propped up for a number of reasons. I suggest buying UCO, the Bloomberg levered crude stock, in order to maximize return. Crude WILL pass $62 this week. I want my...
The blue trend line represents a covid-free bear trend that would result in PYPL being around the $220 level. This pandemic has shown us that online shopping is here to stay, and PayPal's stronghold on the industry will allow for much more growth 5-10 years. This being said, my chart represents my prediction that we will not be going back to normal any time...
There is a clear trend in terms of DKNG dips. I would suggest waiting for the price to hit $60, then load up. Same goes with a $56.50 dip. I believe that there is immense potential for growth, both in the short and long term. I believe that this will break record highs before the end of may. Expect to see DKNG in the 70s before the end of April. Dumb...
I really like this play. From what I can tell: -Pays dividends -Market loved this company in the 6 months prior to the Covid Crash. -seems like their assets are only going to increase in value, so banking on this is like banking on real estate prices to go up - which I think is guaranteed. -Should fall back down to 11.20 on next dip and will be a buy, if not...
Expect a buying dip after the news cools down. Good opportunity to break 70!
I believe that the dip we have recently seen in TBIO will provide for a good buying opportunity if it can hit the support levels that would minimize the risk of losses. Surely a bounce is awaiting, especially with all the complications that have recently arisen due to the covid vaccinations. Expect this to go well into the $20s. Timeframe: Short term 3-6 months.
Analyzing Support and Reistance levels for Bank of Ameirca Stock. Good Ratio. I'll be swing trading this, whilst maintaining a long position. Holding BAC will not bring you the returns you may be looking for, however is a safe bet for 10 -20% growth over the next 18 months.