BYND breaking below significant price levels with heavy volume, indicating further downside potential to continue. Place your shorts! The ship is sinking once again ...
Currently crossing above its 20 Day SMA and testing its 50 Day SMA Midterm Trend, TSLA looks like an interesting opportunity based on wether the stock crosses its resistance or support level. The stock remains volatile due to current production uncertainties and global trade tensions.
Regardless of the Fed's rate decision and the unforeseeable progress of the current trade negotiations between the US and China, we assume that from a technical point of view, the current selloff was foreseeable due to the previously low VIX level and the current uptrend we've seen in the SPX.
What's your point of view?
With a previous 7.40% intraday surge, after the previous earnings announcement and an earnings bet of +0.13 Cent per share compared to the Wall Street consensus, we can expect SHOP to similarly behave this time around and are slightly bullish, as the company continues to grow and is on an overall uptrend. However we position ourselves neutral, as the company's...
As we can see on the current candle already, BYND has a strong downward pressure ahead of its earnings today. The SEC just passed the 201 uptick rule for short sale restriction on the stock, further diminishing the supply of borrowed stock, as demand rockets. We expect the stock to rise a bit higher intraday and then to fall heavily downwards after profit-taking...
Currently up over 820% since its $25.00 IPO price in May this year, BYND has soared to current price levels due to optimistic headlines and future prospects. With a net profit margin of -26.7%, the current implied valuation of 13.8 billion USD market cap seems definitely overvalued in our opinion. Especially if we take BYND's current revenue of 115 Mio. USD into...
With an intraday move of currently 42.81%, and intraday high of $8.95 and a short float percentage of 74.27% LCI looks like an interesting short-squeeze opportunity. The RSI indicated several overbought conditions with a cross at the 69.95 level, that followed a sharp sell-off. If you are interested in finding optimal RSI levels for individual stocks, please check...
Having bet the street's earnings estimates for the past 9 quarters, BAC looks bullish ahead of its quarterly earnings announcement today. With above average volume just confirming price action, we might expect to see an upside movement in the after hour markets today. The stock is currently above its short-and long-term moving averages, as well as breaking through...
Pre-markets indicate a positive open for TSLA stock, which might signal further upside potential at these levels, being close to cross its 100 day SMA and critical resistance at the 247.78 price level. CCI is currently strong at the 159 level, accompanied with a positive CMF. We will be waiting for strong Volume to confirm price action, before initiating a long position.
NASDAQ:NFLX
NFLX's long-term 100 period CCI and short-term 20 period CCI (Commodity Channel Index) both crossed the +100 line, indicating further momentum and upside potential to go for the stock. Once we see a negative downward move of the 20 Period CCI below the -100 line, while still being in a long-term uptrend, based on the 50 SMA, we can expect the stock...
