BB
NOK: Signs of Life? 1st Target $4.5NOK is showing signs of life, with good buy volumes. Cheapness aside and 5G growth, my view is NOK is a prime target for all the SPAC money out there to take it out. It's a real business with real cash flow. And at a ridiculously cheap valuation, mainly because we are in a market, fashionable stocks take in most of the money flow.
$4.5 could be easily achieved, then consolidate and target $5, 6, and $7 gradually as it does have a large float, not so easy to move.
RED ALERT - SLEEPING GIANT - Big Tech - $BB $BB.CA BlackberryUpdate to Feb. 6 Idea. Now I am watching this more closely, and will be playing this with options.
I was first interested by this ticker around Jan.18, when I first traded it based on the BANG stocks momentum and technicals.. but as I observed and gathered more info, the big picture became more clear to me.
Speculation:
- At the start of new bubbles, CapEx juniors and smallcaps get filled very quickly. If we make a comparison to precious metals miners... this company is a first wave major, not a second wave junior.
- The BANG hype provided this company with all the capital they needed.
- Inst. ownership is only 56.60%, shares float is 555.30M... fairly easy to manipulate with high float.
- Other high growth companies that institutes are betting on, such as PSTG or AMBA have 90%+ inst. ownership.
- I noticed that major players like JPM, MS, WFC, Citi, Two Sigma, Cohen's Point72, Jane Street were increasing stake substantially last quarter. Of course, Citadel has a large options position as well.
- What if this short attacking was for the big players to accumulate, and shake out retail?
- I suspect that Citadel is playing MM for JPM, Citi and Point72, just from past experiences.
FA:
- Mcap: 6.75B. SEVERELY undervalued compared to AMZN.
- Baidu partnership, I think Baidu is the future king of tech.
- Huge PR and production push.
Key products:
- QNX: embedded OS with a security focus.
- IVY: cloud platform for vehicles (think EV and space market).
- AtHoc and SecuSUITE: secure communication system. Governments are still using Zoom and Teams, we need better.
- When you look at an old company, evidence that they can survive hard times and failure, and come back from it is one of the best indicators there are for long term success.
Verdict: This is a future Canadian Titan, along with Shopify. You must buy. 50B valuation at the minimum.
TA:
- 0.236 Fib level of wave 3 and 4H 50 EMA acting as support.
- MACD turning bullish on 4H timeframe, looks to be converging on 1D, and is diverging on 1M... VERY bullish.
- 30min timeframe resistance broke out:
- Volume fading on the downtrend, picking up on the breakout.
- 2x Morning Star reversals gives me high confidence in bullish trend.
- I already have a long position, but will be adding ASAP.
QA:
- Skew turning bullish.
- I chart my subwaves in accordance with OpEx nowadays. That's simply the game now, get used to it.
- The short interest is not high, but make no mistake, that's because the MM is selling with the high float, and putting up put walls. Bulls want to break the call wall and trigger gamma squeezing if they want to break out... Else just play the OpEx. Gamma hedging evidence will be in comments. This is going up, but we are playing against Citadel and co. Not easy.
- There is a bearish scenario: 270k Open Interest on 2/19 options with a max pain of 11.50. Safe bet would be to let 2/19 options expire before entry. This could create a bullish double bottom.
- However, there is a fairly decent gamma ramp for 12, 13, 14, 15, and if 15 is cleared, up to 20 would be smooth sailing for next week.
Strategy:
- Have capital ready for a double bottom test at 11.50
- TP1: 24
- TP2: 30.66
- Wave 5 PT: 42
- SL: 6.39 (Let's not make the SL too obvious on highly manipulated stocks... Stop loss hunting exists)
- RRR: 2.75
- Timeframe: 42 days
- Remember to take profits on the way up... volatile stocks will test supports on the way up!
Blackberry to the moon!
AMCWhat a shitty day across the board. SNDl hurts too. With that said. I’m still here with All my positions. AMC... idk what to say anymore I bought the 5.5 2/19 C for 60$ close to close.
But I’m fine with losing 60$ if it comes to it
Why, you ask? This must rampant market speculation. And it is... but, something interesting developed on the daily.
For my TA professors, correct me if I’m wrong, but It looks like we just finished printing a triple inside day.
If that’s what it is, this could possibly mean it’s gearing up for a large move. The fact the last 2 daily’s are slightly bullish is hopeful. But at this point I would be surprised by nothing. G/l all
GTC - The Unsung Hero of Trading Tools!This is a video of how one might have used GTC limit orders to avoid the stress and potential heartbreak of trading halts, platform or exchange slowdowns of just plain stuck in a meeting when your stock took off for it's temporary ride into the stratosphere during the recent short squeeze frenzy.
Ethereum Classic Vs USD for 02.08.2021Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
Hourly Chart is being used for this post!
It looks like a good start to a new move in Ethereum Classic Vs USD. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it.
From what I'm seeing, the price is hitting the top of Bollinger Bands (BB). This may be a good run for it this time. Because it did move up quickly after the RSI did bounce off the 3 SMAs in my indicator, and it still has that line looking up for now, and the RSI is over 70. Plus, all of my indicators are over the 50 line!
I would love to hear what you think about this post!
Happy trading, and thanks for reading.
My Take On "SPY" for 02.08.2021 Hay All Traders,
I'm not a financial advisor, Don't buy or sell bass on what I'm saying... PLEASE DO YOUR OWN HOMEWORK. THIS POST IS JUST FOR INFO ONLY...
Day Chart is being used for this post!
It looks like a good start to the week on the SP500 index. I have just made a "New indicator" that does use the Relative Strength Index (RSI) and plots 3 Simple Moving Average (SMA)s with it.
From what I'm seeing, the price is hitting the top of Bollinger Bands (BB), and the price has come down from the top of it many, many times since December 2020. But it has not been stat under the middle BB for a long time. So the price may move back down, but with the RSI is over the SMAs, this may be a small pullback, and the angle pointing up may help push it higher in days and weeks to come.
I would love to hear what you think about this post!
Happy trading, and thanks for reading.
KMPH goes to $15-20 off PDUFA hypeI am only playing the run up, but it has been said it is very likely FDA approves their drug.
My run up target before March 2 is $15-20.
AMC position update.I’ve been shifting back and forth between excited anticipation and relentless regret. For the sake of transparency, I didn’t even try to analyze this chart. Not really even sure what the narrative is at this point, it seems to change daily.
🚩The pessimist in me is beginning to think we’ve been caught up in some type of overly convoluted oceans 11 type bs orchestrated by HF’s. It’s not like they do this all day every day, or lack the resources or connections a scheme like this would require.
The optimist in me... is unavailable for comment atm.
Averaged down, hoping for the best but expecting... not the best. 🙏🏻🤷🏻♂️
$BB $BB.CA - The Blackberry is now ripe for the harvest- My Jan.25 prediction was very precise.
- Going to be buying a large position here, this company is a winner, extremely undervalued tech and now the FOMOers have left.
- Baidu partnership, I think Baidu is the future king of tech.
- Canadian company, good to diversify globally, will probably buy the canadian ticker, to take advantage of rising CAD
- BB's new product suite is incredible. Very bullish
- Unbelievably undervalued
Short-Mid term PT: 30
$NOK Return of the Former King In Nokia for the long term. I'm a sucker for chart like this, especially when they stay at the bottom of the screen for so long, when it breaks out the rally is always epic.
With Huawei facing global pushbacks, Nokia is ready to make a big comeback with its own 5G technology.
Nokia is a legit buy Hi everyone.
Wall street bets has put a few long forgotten stocks back into the public eye. Nokia in particular stands out. They make it clear that they are not done. Net sales in 2020 was 21.9 billion Euros while their market cap is only 20 billion. In the past two decades, Nokia has invested 129 billion Euros into R&D. Nokia has licensed out the right to their phone designs and refocused their vision on 5G. They have over 3,000 5G patents! With 155 years in business, "Nokia has found and nurtured success over the years in a range of industrial sectors including cable, paper products, rubber boots, tires, televisions and mobile phones". Obviously they have a niche for adapting to the times.
NOK is fundamentally undervalued.
We also must consider the nostalgic value. I always loved my Nokia phone because of how basic it is. And when I dropped it, it would explode into a few little pieces, absorbing any shocking force that could do some real damage. It would never break! Unfortunately, the only reason I can't still use this phone is because of PLANNED OBSOLESCENCE: the chip in my new phone is a different shape. And I know for a fact that the chip hardware has not changed. Would you like to know how I know that? When upgrading my phone a couple years back, the employee at Best Buy simply took the bigger chip out of my old phone, pulled out his special CHIP RESHAPER and stamped my old chip into the shape of a new, smaller one. This is the only factor holding me back from using my brick phone.
Lastly, peep the high trading volume at the lows!
See you diamond hands on the rocket moon!
Blackberry Dec option call that payed out:)why did i place this call??
well BB sold 90 patients to the chines cell phone company, when doing so i figured they are on full steam ahead for cyber security.
the was the plan... RH traders i guess hoped on the wave and boosted the stock up like crazy :) obviously in my favour so i was down for the fun LOL
4X return baby
thank you god
$NOK - Drown out the noiseQuiet day. Forming green inside candle forming before earnings. Calm before the storm?
$BB and $NOK got pops from the reddit crew recently, which was nice, cause I was already in both and sold. But also annoying because I believe both stocks have actual potential. I have since re-entered both stocks. Nokia has earnings tomorrow. Have decided to hold.
BB shortBb is still on downward trend. Touched the resistance again about $12 but seems like it’s going down
$SMEV Nothing Has Changed Synergy Helping Company Go Current/RMNothing has changed with the company PT still .25
$EHOS Trip breakout chart with continued accumulation PT .0050$EHOS has been steadily being accumulated the chart shows it is at a breaking point currently to break to the upside. The Share structure is small and moveable with those attributes in mind we could see a nice breakout here.
