SPCE pulled back to it's major trend line this morning after a brief tease of what will happen soon. Keep you seat belts bucked and hang on. I love cult stocks!! Although I know in the event of a launch of this stock price we will come back to reality or at least in the 30's-40's until the next round begins. GL! :)
Shop is having a great run, but a pullback is in the near term whether after even a higher spike on earnings or prior to earnings . These are the long term trend lines where the bounce from a pullback has happened over the long haul. I feel that somewhere between 1250-1300 will be the next bounce. Someone posted that it will pullback over 50%????? ah NO WAY! Even...
We are emerging nicely from the selloff. We have a Positive Squeeze happening with bullish candles. After all the selloff was overdone. With a low PE ratio of 24.93 and and a nice EPS we are at a good spot over the next week or so to move higher. Also the volume increase into the close was very nice. This is why I rarely hold stocks into earnings :) GL!
They have had an amazing run since going public. They are a great company and just broke out late day from their triangle right as earnings reports Feb 11th. Personally I think they have one more bounce before the big one. Of course they have to beat on earnings and even then you never know.... GL!
Great company and they beat this Quarter and the 3 prior Quarters. Nice Revenues, low PE ration, and a nice EPS. They only dipped because of some further looking difficulties.
I think we all agree the wonderful triangle will take us to new highs. I have been trading and following SHOP since the $200's and she has rarely disappointed. I was hoping after last earnings she would spike as usual, but no. This time she will! :) GL! and $$$$$
Nice Ascending Triangle going into launch around Feb 13.
I posted on this last week. I is really looking like a nice cup and handle is forming. With the great news out today and with the high volume and anticipation I think we are going to continue to trend upwards with pullbacks along the way. By Febuary we could be looking at $70/share.
I think we are seeing the formation of a cup and handle. I believe we will retest 60. Not bad for a boiling frog! ;) Good Luck!
I think we have already been shorted enough...I see a solid base at $41 but I think in the day or days to come these are the paths we will take. GL!
Apple looks poised for a pop on earnings. I mean it's not rocket science like SPCE. I have been Long for a while and will continue.... GL!!
We had a Squeeze on the week and are about to have a Squeeze on the Day both with Momentum above zero :) . We are coming to the end of the S Triangle and with that are going to come new highs. The next couple weeks should be interesting.... GL! BTW... I own SHOP, AAPL, ENPH, TSLA, and of course SPCE (Goldmine!) All are on the move and I recommend all of these....
Whether you say we are emerging from a Cup and Handle which is surely the case, or we are breaking out of a Triangle it doesn't really matter. All that matters is we are going on a ride up :)
ENPH is looking very bullish after several weeks of consolidation. It is approaching the end of the Symmetrical Triangle and many Squeezes along multiple min and hourly timeframes. Call volume is way up and sends a Bullish signal. GL!
SHOP is breaking out nice again...We may test 1107 but SHOP has to get through 1093 first. Then next big speed stop is 1134..my one concern is Volume is below the 90 day average...will see
www.virgingalactic.com Dec 11th is a major deal! This is the 1st of two test flights until they "Have a go!" and send real passengers into space. The list is long with a lot of Billionaires :) at I think $250K a head WOW! "Before passengers climb aboard the suborbital space plane SpaceShipTwo, the space tourism firm will send at least two powered test...
ZM broke it's Symmetrical Triangle today and is pushing upwards before earnings Monday after market close. With being now 20% down from it's all time high of $588.84 there is room to run. Although with a PE Ratio above 500 it is overpriced and leading on momentum and our situation from Covid-19 and Politics. Look for major resistance at $500.
Shopify is flying after breaking through it's symmetrical triangle the other day and also because of the 21% increase in online sales(highest ever) on Black Friday. SHOP looks to have resistance at 1058 and 1108 but with this momentum looks to break through 1058 soon. With this time of consolidation this may be the breakout moment much higher......