$HEXO DD & Technical Analysis (2021)such a Wicked Quarterly Report >>> here is a good analysis of the recent Merger ( www.youtube.com )
On the recent 2021-Q3 Conference Call: it seems like HEXO recent revenue doesn't include Revenue from REDECAN, since the merger happened at the end of August . . .
>>> so How much this Company Worth Today ?
>>> assuming HEXO and REDECAN did 50/50 Merger . . . the next January/March 2022 Quarterly Report should have at-least $250 million/year combined revenue (from HEXO + REDECAN) . . . hopefully, this time, HEXO will bounce back to $10 (per share) by Christmas
>>> Christmas Quarter is normally the best Quarter for Mari Juana, instead of shorting the stock, hopefully this Christmas HEXO will finally reward its Shareholders
3d
go long Desktop Metal $DMTechnical Thesis:
-double bottom
-20 day MA on the verge of a steep cross up through the 50 day MA
-average volume is trending upwards
-it broke out with significant volume
Fundamental Thesis:
-YoY Profit margins are trending upward
-from 2018 to 2020 their debt to assets has fallen significantly
-on the Macro side, with the ability of large-scale production and companies now needing to diversify their suppliers, Desktop Metal should benefit from growing their amount of clients, increasing cash flow allowing for more R&D, paying off debt, and improving margins.
-possibility of being acquired, possibly by an automaker to improve the speed that they can produce. (like Tesla trying to acquire Velo3D)
-currently the 2nd largest holding in Cathie Wood's PRNT ETF at the time of this post. in-flows will help the stock
-they are figuring out a way to 3D print synthetic wood, which would make them an ESG play since it would reduce the need to cut down trees. Becoming an ESG play will only result in more in-flows.
-Oppenheimer and Credit Suisse initiated coverage. The street is starting to take notice.
Price Targets:
Credit Suisse: $14
Oppenheimer: no target
Sources:
www.forbes.com
www.dailyadvent.com
www.streetinsider.com
10 Year Note - Rising Wedge in 3DES1! Challenging an ATH as the everything rally continues. The 10 Year continues it's ascension as volatility is found in the small caps. NAS leading the way up. Thank you to "openclipart' for providing the open source Bond Classic.
BTC in 3D - Ascending Channel .786 Resistancetracking the .5 of Ascending Channel #2 for support signals; and a potential Higher Low.
BTC - In 3D - Bounced Dueling FiftiesDownslope continues with support found at a convergence of channel midlines.
BTC - in 3D - Scouting 4 hour Inversethe price action has yet to support the inverse pattern as the trend is down. The triangle compression continues. Would need a break and back test of both necklines to provide confirmation for a move up.
Waiting for $DDD explosionVolume gap (small purple zone) is broken and we have a road to the next one near $34. This stock bound to be successful.
ETH/USD 15mAlthough some think this may be the top, I personally do not believe so based on what I am seeing, we clearly just broke out of a major resistance zone , I believe we may be on the way to higher highs again.
COIN : STUCKCOIN is still stuck in the downward channel that it's been in for awhile now
(atleast, from this perspective).
It shifted upwards a bit yesterday, and is currently lodged underneath the 0.50 fib.
The 0.50 fib appears to be COIN's heaviest resistance within the channel
(and although COIN did break through the 0.50 fib temporarily twice before,
it was rejected at the 0.618 fib just above).
The 0.50 fib also hasn't offered much in terms of support when retested...
it appears that most of the support is coming from the 0.382 and 0.236 fib levels.
As with everyone else (I suppose) who might be considering COIN,
I'm still keeping an eye out for some significant upward price action,
or atleast something that resembles a price base.
I discovered a fascinating horizontal at $291.11,
but I'd obviously still need more before confirming anything.
Who knows, it could be weeks before it stops dropping...
or one day soon it could just start rolling uphill,
while I'm still looking for a bottom, never to come back.
No matter... for now, I'm still learning and having fun charting COIN.
And my outlook on COIN is still long long-term.
Enjoy!
// Durbtrade
SPX in 3D - April Showers Editionsupported by the 2 hour 2nd deviation LBB with the 50 SMA there as well. The daily 8 EMA is at 4142 with the daily 4 EMA offering support. A back test of the daily MBB is 4055. The 4 hour 8EMA offered a supporting wick with the UBB 2nd dev res.
SPX 2021 Q1 - A Bull Market in 3DSPX setting HH and HLs as it crosses the 4000 barrier. The week ahead will focus on the NAS and it's triangle break.
SPX - Lessons of 2019 - in 3DWith the markets focused on rates the 2019 December Miracle demonstrates how powerful this force can be in the markets. Currently, SPX has set an 8 Hour Higher Low as The Russell, Energy and Financials have take a turn during the rotation/catch-up trade. All eyes on 4000 and the reaction there if the Higher Low holds and SPX trends bull.
SPX - Friday Afternoon Edition - In 3DSPX held the 50 SMA on the two hour frame and has arrived at .618 Channel Resistance. Currently in a 5 min bull flag with support off the 5 min 8 EMA. 4000 is 56 pts above.
The Mountains Win Again - SPX in 3Dwhere is Blues Traveler when you need them? Hopefully rifting up a harmonic(a) storm. Will the yield maelstrom end? Will the dollar continue to rally? The NAS drop in the afterhours after a climb of 100 point directly linked to the rally in the 10 year today has bounce potential. The challenge is, every once in a while, there is a day with no bounce. Hold on: April flower are right around the corner; and we shall say goodbye and so long to roaring March.
Total Eclipse of the Heart4th diamond top a charm. chop. SPX is bull flagging with support on it's 2 Hour 50 SMA. Holding this in the overnight will provide some assurance for plays to upside. The 2 hour pattern of Lower Low, Lower Highs persists with a double bottom tweezers outside the 2nd DEV LBB as deep support.
DDD 3D Systems Inc Upside PotentialEvery night, Cathie Wood’s Ark Investment Management sends out an email listing the stocks that were bought or sold by the firm's ETFs that day.
3D Systems Corp (NYSE: DDD): Bought 558,900 shares of the printing engineering company, representing about 0.46% of the ETF. (benzinga.com)
From a technical analysis perspective, DDD 3D Systems retraced at 0.618 Fibonacci level and was also a bit oversold as you can see on that wicks down. Now the stocks is bouncing in the accumulation area. It`s not late to enter in my opinion.
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SPX - 30 Min Bear Flag - in 3DPlaced a 2nd test of the 2nd Dev LBB on the 2 hour in the bear flag. Losing the 2 hour HL on a break of 3887. Looking for support at the GP from the March 5th low to the March 17th ATH.
SPX- In 3D - Double DiamondLooking to retrace to the .618 above. SPX found support at the 2 hour LLB, 2nd Dev. NAS support at the 2 hour 50 SMA. Both showing 5 min bear flags.
SPX - In 3D - Channel RESBlue dotted channel res - looking for a bull flag for a break, into the 1.272. Trying to hold the 5 min 8 EMA, above the 2 hour 50 SMA
SPX - Market in 3D - Bear ChannelBulls need a break of 3930 to flip the trend and validate the High Low on the 30.
SPX - Resistance in 3DThe .764 is the Reverse .236. Now for the main event. Chairman Powell and the Committees' take on the yield curve and rates future.
