EPIK Prime Double Bottom “Animoca Brands’ investment into EPIK Prime is part of an ongoing and powerful synergistic partnership,” said Animoca Brands co-founder and chairman Yat Siu. “Together we are stronger. We look forward to expanding our presence in brand licensing, gaming, and metaverse ecosystems.”
EPIK Prime Token Will Drive Development and Advancement of Cross-Chain Gaming Projects and Protocols around NFTs and Brand Licensing for Metaverse Digital Merchandise.
EPIK Prime is backed by Animoca Brands.
My short term price target is $0.21.
Looking forward to read your opinion about it.
Buy-signal
VRM all time low | Q1 Earnings on May 9What should we expect from the earnings?
- revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY!
- a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil.
Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00
So how come it is trading at $1.66???
Well, 29.48% of the share float is Shorted!
Big institutional owners like Vanguard, Blackrock , Morgan Stanley , JPMorgan Chase have average entries at $40!
And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM , respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55.
So if they are happy with a 22 average, how come we don`t we buy it at $1.66?
VRM has a Price to book ratio of 0.24 now.
A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued!
the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16.
Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the
$600M senior note, each shareholder will receive approximatively $6.5 per share.
If we look at the daily timeframe , VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI .
Institutional ownership in VRM is high, 92.19%
52 Week Range 1.58 - 48.80
Market Cap of only $235.47Mil! Can be a buyout at this point!
2021 Revenue: $3.18Bil
All things considered, fundamental and technical analysis, my short term price target for VRM is $5.95, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry.
Looking forward to read your opinion about it!
CRXT 900% Upside Potential According to this analyst Clarus Therapeutics Holdings, Inc. (CRXT) Announced Initiation of Phase 4 Clinical Trial of JATENZO, the first and only FDA-approved oral softgel for testosterone replacement therapy in adult male.
On 3/31/2022 Serge Belanger from Needham & Company LLC brokerage set a Buy Rating for CRXT and a Price Target of $8.00, which is 9 times higher than the current price.
I think it can easily double.
Looking forward to read your opinion about it.
BTCUSD LONG#BTCUSD buy @ $39029
TP @ $40500 +3.76%
SL @ $38617 -1%
Quoore signal posted
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This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
OMER at 2013 level. Time to buy? In 2021 Omeros Corporation (OMER) delivered great results, net income was $194.2 million or $3.12 per share VS a net loss of $138.1 million or $2.41 net loss per share in 2020.
On 1/18/2022 Cantor Fitzgerald Lower Price Target for OMER from $34.00 to $20.00.
I think a reversal to the $8.50 resistance is possible.
Looking forward to read your opinion about it.
GBPNZD LONG✅TP - green lines
❌SL - red line
Entry - yellow line
Original Analysis GBPNZD
Rising Wedge identified at 22-Apr-14:00 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.94711 within the next couple days.
Support Levels
1.9148
Resistance Levels
1.9473
This does not constitute investment advice and does not have regard to the specific needs of any person who may receive it. No warranty is given as to the accuracy or completeness of the information and any person acting on it does so entirely at their own risk.
UAL Return to Profitability This YearTomorrow UAL most likely will hit my price target from the last chart:
United Airlines Holdings, Inc. (UAL) said it expects to Return to Profitability This Year.
My new price target is $56 and maybe an ultra speculative $78 by Jan 2023.
Looking forward to read your opinion about it.
NILE strong volume patternThe strong volume of NILE reminds me of MULN stock just before the explosion:
BitNile Holdings Invested a Total of $127 Million on Data Center and Bitcoin Miners, while its market cap is only $53Mil!!
My short term price prediction is the $2.25 resistance.
Looking forward to read your opinion about it.
WAR at all time lowWAR WeStarter is a cross-chain token initial swap platform which selects high-quality crypto projects that need fundraising before listing to major exchanges.
The first financing of WeStarter (WAR) was completed on April 15th 2021, and the participated investment institutions include Continue Capital, SevenX Ventures, NGC Ventures, AU21 Capital, Spark Digital Capital, LD Capital, Power Law Capital, Kyros Ventures, DoraHacks Ventures, SkyVentures, DEFI TIMES CAPITAL and others.
Continue Capital also invested in Cosmos ATOM, ChainLink, Polkadot , Tezos, OX, Near, Graph. Algorand, Certik, Zilliqa , Hedera Hashgraph, Fusion and many others.
So the project is legit.
Under 1Mil mk cap.
DAL all time high demandDelta CEO Ed Bastian: "Over the last five weeks we’ve experienced the highest level of sales and booking activity at any time in our history...I think it’s going to be a very strong summer travel period for us going forward."
My price target is $47.50.
Looking forward to read your opinion abut it.
SEEL 519% upside according to this analyst SEEL Seelos Therapeutics is a clinical-stage biopharmaceutical company that focuses on the development and commercialization of therapeutics for the treatment of central nervous system, respiratory, and other disorders.
On 3/14/2022 B. Riley Lower Price Target Buy rating for SEEl from $6.00 to $4.00.
52 Week Range 0.76 - 6.60
Is this a strong buy? Looking forward to read your opinion about it.
SKLZ lost 94.58% of its valueIf you bought the top of SKLZ in February 2021 for $100K, now you would have 5.5K left.
And when you think cryptos are volatile and you can lose 90% of your money in them.
Look at SKLZ!
This should bounce from here. it has formed a strong support and we can see bullish divergencies in the chart.
My price target is $10.30.
Looking forward to read your opinion about it.
Trading Idea - #BitcoinMy buy idea on the current situation of Bitcoin /BTCUSDT:
I have been following the ascending triangle for several weeks.
I trade the resistance line between 45k and 46k USD as SHORT.
I trade the diagonal support line as LONG.
Here:
Entry: 40 .200 USD
Target: 45.000 USD (+11%)
Stop: 38.500 USD
USDCHF LongHello traders, this is my opinion on what will happen next on USDCHF .
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Price now is consolidating on support zone @ 0.92600 from where price will go up and go to try hit resistance @ 0.93700.
My goal is that price reach resistance @ 0.93600
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Please use small lot's if you gonna trade on this, always use proper risk management and do more research before opening a position.
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My TradingView Community if you like my idea, please like and follow for support.
Also if you have any opinion please write in the comments, always open to new ideas.
Thanks for passing by and have a good day traders!
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MNTS multiple launch agreements with SpaceXMNTS Momentus is an U.S. commercial space company that plans to offer transportation and other in-space infrastructure services.
They recently announced that they have signed multiple launch agreements with SpaceX.
On 1/10/2022 Deutsche Bank Initiated Coverage on MNTS with a Buy rating and a Price Target of $10.00
If we look at the chart, this is also a strong resistance ahead.
Looking forward to read your opinion about it.