Growth-stocks
Betting on Draftkings : Oversold+signs of recovery $DKNGFA,
- Market cap : 16BN. Global TAM : 70BN
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TA,
- RSI oversold. 36. Rising up
- Closed above downtrend on 4H
- Short interest 23%
Entry: 43
PT1:50.5
SL: 40.2 (6.5% max loss)
Short term Swing
Risks,
- High volume during pullback
- Hasn't closed above downtrend on daily
#swing #tradeidea Support level test. Watch for a mean reversion$12s is holding really well yesterday
Tesla Down Whats Your Next Play?Tesla's taken a great hit today, as shares were sold off at wicked speeds. Time can only tell for the best possible entry, but I have my eye on $360-$375 based on the previous resistance from July. Any entry at this point is a little premature and I'd rather jump on the train when it slows down rather than get hit.
STOCK-PICKING-BY-SECTOR-PERFORMANCEContinuing the series of stock selection:
Last time i shared the idea to select stocks by indices :
Now, this time i am attaching the screenshot of sectorial performance on different time frames.
It gives us clear idea , where momentum is bullish right now.
If we combine these 2 results , it further narrow down the search for quality shares.
LOOK..ANALYSE..PICK..ENJOY :)
PLEASE LET ME KNOW YOUR THOUGHTS IN COMMENT SECTION.
#PAYC LONG-TERM INVESTMENT IDEA From 200$ up To 520$ #PAYC LONG-TERM INVESTMENT IDEA From 200$ up To 520$
MSFT in bullish mode: pandemic winnerMSFT has consolidated with a bullish bias
Now is around a perfect buy zone consolidation before the next impulse move
Long term this a growth stock pandemic winner (for example: Johns Hopkins University students to return to campus – via Minecraft)
Short term you can get 7.5% gain in the next move
Good luck and happy trading
#Swing #tradeIdea Long over 53. Tight stops. High R/R SetupWith markets retracing watch for a good Dip buy entry tmr!
$API Long Recent drop due to API's Bytedance revenue. #tradeideaLong over 36s. Earnings approaching so be careful
INS: Only high growth stock that's not being pumped up yet?FA,
Renaissance Technologies(Jim Simons) owns 2%
Insider ownership 27.5%
Forward PE 16.2
ROI 29%
EPS past 5Y 60.1%, Sales past 5Y 52%. P/E<Growth
Sales QOQ 12.9%
Gross margin 63%(improving consistently), Net margin 28%
Price/Sales 7.95
Free cash flow growing.
Analyst target =50 (don't believe them, just for reference)
Quick ratio = 4.20
Debt/equity= 0.06
TA,
Weekly support(Purple) at 29
Ascending triangle forming
Bollinger band daily bottom
RSI bottoming and reversing up(daily)
Negatives,
Recent insider selling
The trend is down (Moving averages heading down)
MACD still trending down.
Entry: 29
TP1: 36
TP2: 39
