CBLI - Cleveland Biolabs - Merger is coming soon! Don't miss it.TA on Cleveland Biolabs. This company is currently finalizing a merger agreement. Expect a lot of movement in the coming months. Looking at the July options, it appears something will be announced in June or early July. Price movement should be around 6x out of this. Company is leading in the treatment of ARS (acute radiation syndrome). Great add to the portfolio for some near term returns.
Buy
AMC - Don't forget about the Technicals and Fundamentals!!!Throwin' out a quick TA on AMC. Always keep the technicals in sight. They will create challenge points when trading against algorithms. We continue a breakout from a long formed downwards wedge. Expect resistance around $24, $27, $30, and $30...if a Short Squeeze or Gamma Squeeze doesn't occur. If we get a Short Squeeze or Gamma Squeeze, then we're looking at the next GME. Play is safe everyone.
Is the S&P 500 about to move higher and break all time high?Hey Traders so ocasionally I watch other markets related to the Forex and one of them is the S&P 500. I think this is good market to keep an eye on because it can influence other markets especially the dollar and pairs like USD/JPY. So I have noticed that the S&P 500 has been in a long term uptrend with no signs of stopping anytime soon. It looks like it's about to break a new high in the coming weeks or even tommorow!
Enjoy!
Trade Well,
Clifford
(All opinions expressed are for educational purposes and this is not a recommendation to buy or sell)
(Always use risk management before entering any trade)
(Past performance is not guaranteed for future results)
MVIS - Logarithmic Weekly and Daily. Breakout on the horizon!Expanding on what Brian from Gator Traders was sharing on his livestream from Friday. He’s a little under the weather, so figured best to get some more explanation out around what he noticed. Price action is respecting trends on a logarithmic scale for the Daily, Weekly, and even Monthly charts. Market in general still unsteady. MVIS could be impacted by money pulling from tech sectors, if it does occur next week. However, good PR is coming soon, so that in itself will justify movement against the market sector. Buy the dips everyone! We’ve been saying that since it was under $1. Cheers.
FTSE 100 - Intraday Buy Idea H4 - bullish false break
H1 - reversal pattern (divergence + convergence)
M15 - POTENTIAL bullish impulse.
Trading a potential setup is risky and much more aggressive than trading an actual setup. If you are not completely sure how to handle this one, better skip it or wait for the actual M15 structure (bullish impulse) to complete, than wait for the pullbacks before you look for buys.
AUDJPY - triangle breakout + bullish impulse?D1 - ascending triangle inside bullish trend
H1 - potential bullish impulsive structure to complete.
Looking for breakout above the previous swing high along with the bullish structure to complete, to confirm bullish continuation and start looking for setups.
NSE:LT Larsen & Toubro Trying to enter blue sky zone?Larsen & Toubro Limited, commonly known as L&T, is an Indian technology, engineering, construction, manufacturing and financial services conglomerate headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India.
L&T (as per CRISIL consolidation) has superior liquidity driven by significant cash balances of more than 15,000 crore in fiscal 2020. L&T also has access to fund based limits of Rs 10,000 crore which has moderate utilization levels (including commercial paper). CRISIL believes the company has sufficient accruals and cash and cash equivalents to meet its repayment obligations and finance its capex requirements and investment requirements in various subsidiaries and JVs. Its unutilized bank lines are more than adequate to meet its incremental working capital needs over the next one year.
NSE:LT
> Dominant market position in domestic E&C segment with diversified revenue profile.
> Strong financial flexibility and comfortable capital structure
Negative points:
>Subdued returns from significant capital employed notwithstanding moderate levels of debt service indicators
> High working capital intensity of operations
BTC going higher SoonIn this video, I talked about the next possible move for BTC and let's see what will happen.
before any kind of trading do your own research and make sure that you are making the best decision.
If we see any opposite side movement I will post a new idea and inform you but for now I just see a potential upside movement for BTC.
it is just my own idea do your own research before trading.
please LIKE and FOLLOW me and share my ideas with your friends.
CELUSD Buy Setup - Celsius Network Token After the initial impulse we are now looking at triangular consolidation and the expectation here is to see another wave up.
Aggressively we can consider buys from the bottom of the triangle or a more conservative approach would be to look for buys after the breakout of the triangle.
MVIS - Yeah, it just got real - Part 2In this video I look at the weekly chart, predicting potential price movement off of patterns. This has me really excited, and I hope it does the same for you. As always, I appreciate any comments, feedback, or alternative views. I just ask that you teach me the fundamentals used to get you to your conclusion. I wish everyone health, wealth, and happiness. Cheers.