Growth-stocks
Betting on Draftkings : Oversold+signs of recovery $DKNGFA,
- Market cap : 16BN. Global TAM : 70BN
- Top rated app(4.8/5)
- Currently in 7 states(12% of US population). 19 states with mobile legislation while ,majority are still being considered
- iGaming CAGR New Jersey (2014-2018)- 25%
- Products : Daily fantasy sports, Sportsbook,iGaming.
- Building a great brand.
-Personalized experience
-History of track record = More data.
- Michael Jordan as special advisor. GOAT
- Habits picked up from Covid lockdown
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
NIO UPDATE STILL LOOKING GOOD.as noted on my last post I grab some share at 13 my first middle "golden zone" when it drop down to 10ish I loaded some more.
and if it drop down to 7 best believe I'm load even more. WHY?!?!?!?!?!?! well read below.
I still firmly believe in this company as a whole. especially when you add the pollutions problem in china, plus the ccp dump close to 1 billion dollar to back the company. a lot of time more often then not the government wouldn't want to let a company fail when they put 1 billion TAX PAYER MONEY as subsidiary. then add on populationssssss of people in china it dwarf the rest of the world. people also been thinking a lot "GREENER" not just in china but as a whole world. EV BEEN ON THE RISE by 50%more in china then the rest of the world. oh and add on the fact that people tend to support product made in their own country witch leads back to the amount of sell that would boom just in china alone due to how many peoples their is in china. they just did 50000th car not too long a go that's pretty good considering the car company is still in its infancy stages
also a side note this company also focus on tech that they make and sublease to other company so its not just a car company so don't forget that.
I can go on but I think you get the point.
the down side
sure the company balance sheet isn't as "PURRRFECT" as a lot of investors would like it to be. still its been showing a lot of growth over the pass year as a company.
just look at how long Tesla took to turn profit in the beginning Tesla was trading at 20ish for quite a few years then pop pop pop pop pop to new higher high
so what if you got in at a high price is still noting when looking at the big picture of how thing will turn out in the future.
potential. 10-100x return in 1-5 years. well worth the investment in my eyes for a growth stock. NYSE:NIO
