Average Entry Price is 19.67. TP1 - 23.95 TP2 - 27.50 Instead of a stop I am using an alert at 18.50 if it falls down so that I can see what the stock is doing. Too many stops are happening on down days just from a wick rather than the stock flushing to the downside. We'll see if I lose my shirt on this if it doesn't go my way.
Upcoming move of EV's will result in this one moving in sympathy.
Pullback from last week and going to recover to continue on it's run.
Trade idea. don't want to type too much just want to keep up with it.
DOYU bounced off shelf on VP looking to head bac up towards current POD on VPVR
Big dip for 6 month discount.
Retracement shows a possibly bounce off of $45 then heading back up in which a long entry for quick swing can work. If it does not hold $45 it will continue down to low $30's possible final bottom at $28.
Snap had a steep run-up. If it does not get more buying volume it will consilidate until it breaks support at 41 down to 40 then once 40 breaks down it can possibly give back 50% of the runup. There is a big volume gap so it can possibly continue down until it hits $28.
Uber had a very bullish end of last week. They have their hands in many things outside of ride sharing. They now have expanded into package delivery, freight, food delivery, and courier services which are operations that have increased due to COVID. I anticipate it will reach the $38 resistance level by earnings and even break up to $42 and all time highs off...
Strong company with increasing subscriptions and revenue for several consecutive quarters. Many new businesses entering the e-commerce sector are going to Shopify as their online platform. Can dip as low as $700 range if earnings disappoint. If earnings are good it should exceed $1,100.