BLBD- PANIC DIP BUY OPPOTUNITY /DEAD CAT BOUNCE TRADEThis looks like a quick and simple trade idea, or perhaps a great buying opportunity for the long term.
I believe BLBD is quite undervalued, they are the largest manufacturer of school buses in the US, and Canada as well i believe.
The big thing that caught my attention from their earnings report that was recently released is the importance of transferring into a EV play.
They have such a big market share already, that they could easily become top in the EV bus space.
I think there is a high probability that this will at least bounce off the S3 Pivot point and retrace to a .50 Fib level. (roughly around $21.00)
Please share your comments on the Stock Below! Do you think this sell off after earnings is overblown, or do you think this company is currently overvalued?
Dipbuy
The Graph (GRT) - Easy x2 and more.GRT is prepared for another leg up soon.
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Easy money: $3.5
Target 2: $5.0
Target 3: ($10?)
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The Graph is an indexing protocol for organizing blockchain data. Project has strong fundaments. It is already x25 since it appeared on Coinbase, but still has a room to grow. Buy the dip, still not late to catch a train. If bullmarket remains GRT will be one of the most promising project of 2021.
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CEX: Coinbase, Binance, Kraken and others
DEX: Uniswap, 1inch and others
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Always do your own research.
This is not financial advice.
Enjoy!
Low Volume Pullback - Potential Buy The Dip $SUNWSUNW has been down the past few days, but on relatively low volume. From a technical perspective this looks like a dip that could be bought and added to if it continues. Fundamentally the Solar sector will be bullish for the next few years.
S&P 500 Elevator down?Looking to buy something today, I say we go down a bit because I wanna discount...In all seriousness, we can afford to go down a bit, and often the best discounts happen Thursday-Monday if you are buying and all else being equal. Picking up speed as well it seems. Don't see a crash or anything silly like that, but I can see it visiting the EMA bands, somewhere near 3800 in the next day or two. I am not short for the record, nor am I looking to go short.
Bitcoin is correcting, time to Bit-inFinally Bitcoin is cooling down. Now you will see many people forecasting that Bitcoin will go down to $5,000, I disagree. This is normal, no one should be selling at this point. The time to take profit was around $42,000. Now is the time to Bit-in or wait to see how much further down we can go to get the best price. I do not see us going under $20,000 at worst and at best we will consolidate around $30,000 before heading back up to $50,000 or more. Bitcoin has proven every opponent wrong thus far as long as you HODL for long periods.
Bitcoin Dip Buying - Part 2: Risk ManagementSo we finally got a signal today! The alert conditions of the indicator worked as intended for me and others that DM'd me. Having a signal to trade is the start but it is worthless without having a proper trade structure around it to build a strategy.
To that end I have updated the indicator with an automatically drawn entry, stop, and target that can be user defined to personal risk profiles.
This video talks about today's dip and explains how to use the new functionality of the indicator. Once again and always this is free for people to learn and hopefully profit. Any questions just leave comments below!
Bitcoin Dip Buying - Part 1: Entry StrategyIn this video I combine the indicator I made for traders to identify high volatility bars and show how to confirm the signal with fundamentals related to forced liquidations. Make profit buying dips on others' losses... but don't get rekt yourself! Hope all can profit from this!
Buying All the DipsKraft Heinz chart screaming "buy our dips" !
This Buffet darling has taken a serious beating since inception, crashing as low as -80% off the all time high. Buying after an 80% crash is generally the right time to begin accumulating an asset if you believe it has long term potential. Evidence of accumulation is also bolstered by the clean H&S bottom forming with lots of volume being traded down at these levels, as evidenced by the volume profile visual range.
Other bullish developments include the 200 dma flattening and beginning to slope up for the first time since the multiyear downtrend began. Additionally, if we invert the chart, we see an incredibly clean topping pattern that is just begging to crash lower and fill the gap.
For these reasons I'm long looking for the gap fill and a move to the .382 fib of entire chart range. I took a position in some relatively cheap long calls, will update this post before they expire. Happy trading!