Amazon (AMZN) UpdatesAmazon.com (AMZN) Updates
An important gap was the one that marked the day of July 30, when Amazon (AMZN) opened with a -7% and then touched even a -11% in the following days.
Good but not great earnings, but above all forecasts for the next lower than expected Earnings, led to a rather violent sell-off after the price broke the resistance of $ 3553.22 on July 6.
The price has not yet recovered, on the contrary it has continued to fall below the SMA200 to more "stop" on the POC in the 3198.95 area.
Currently there are no signs of recovery, even considering the last two trading days, candles of indecision.
Volumetrically, the best entry level is around $ 2920, but more realistically, $ 3000 is a great entry level.
In reality, we are already on an interesting level, in terms of volume, and the stock has already "discounted" 11% from the highs of July.
Basically, I don't think this is the beginning of a big negative trend, the company is too solid, the services are increasingly excellent and the future prospects, albeit slightly downsizing in terms of EPS, remain excellent.
I therefore believe that this is an opportunity to accumulate, especially for those who, like me, have an excellent average purchase price.
Summarizing entry levels:
current (3199)
3000
2920
Targets:
3553 returns to being a good level of TP
3720
As always you can find my profit and losses... follow me!
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Lazybull
Palantir (PLTR) UpdatesI haven't talked about Palantir since March 2021,
I was certainly expecting better performances, but I am staying absolutely long for the long term.
The reasons why Palantir is a must-have stock are many and will be analyzed more carefully for the private group participants (stay tuned because there will be a special price at the launch), you just need to say that we are talking about one of the real big data giants. We speak of the present but also, indeed above all, of the future.
After the March investment, the price broke the resistance of $ 21 after testing the level twice, but it did not "lose" enough to be able to make another entry that I would have made if the tightening had occurred until the area of $ 12.
After the break in May, the price quickly and strongly resumed the price of $ 21, and then touched the area of $ 27 (corresponding to the 382 Fibonacci level, see chart).
After a foreseeable retracement again in the $ 21 area, a very important level for the future, after the Earnings on August 12, positive with a surprise of 13%, PLTR opened in the Gap and then basically remained stationary on Friday 13.
The uptrend may have started, we are on the "C" leg of the more classic ABCD pattern.
The key level that needs to be broken to the upside for Palantir to be sure to be in an uptrend is $ 27.52.
PLTR is part of my long-term portfolio, in August I don't usually trade with a few-day swing because the volumes are low and the American indices are at all-time highs.
It is reasonable to expect a pull-back in the short term, something will certainly happen when the Fed changes its interest rate policy.
Consequently, the new levels where you can enter or add size to the position are $ 21 and the "new" $ 17 marked in May.
The targets for those who instead moved with short time horizons:
27.52 $
34 $
45 $ (where I too would take home some profit)
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
ETHEREUM UpdatesGood rebound of Ethereum, which follows Bitcoin after the violent return to the 200 average which from May to July pulverized about 50% of the value.
Ethereum, as I have already analyzed several times in my articles, has, in my opinion, more "room" to grow for the future, supported by the words of big banks and investment funds, that is, those that we small investors must follow.
From a graphical point of view, the € 2000 threshold has been quietly broken, as well as that of € 2200.
Today, Ethereum is € 2582 and the bullish impulse is really very extensive; I see very likely profit-taking and a pullback in the Fibonacci 382 zone and then resume its rise.
The target is obviously the all-time high of € 3600 reached last May. With crypto volatility, it is possible that it will also happen by 2021.
As usual some references:
If the price were to undergo a pull-back, the interesting levels to increase the positions are 2262 (coinciding with the 382 Fibonacci level) and the 1416 € level tested 3 times between March and July.
Medium-term targets:
€ 2800 (Fibonacci 618)
€ 3000 (psychological threshold and important volumetric level)
€ 3600 (all-time high and start of the May sell-off)
Airbnb (ABNB) We all know Airbnb,
no matter where you are, by opening the app you will surely find accommodation.
This simple idea has led Airbnb to have a Market Cap superior to the most important and historic chains in the Hotel sector, such as Hilton, Marriot, or Accor.
The IPO that arrived in December 2020 immediately had a big boost after the first week of trading, as often happens.
Between February and March, we had a double top, followed by an important descent that ended in May, also accompanied by negative ROI and P / E below expectations, but obviously, data conditioned by what is happening in the world.
After the double low in July, I was expecting the break of the resistance trendline, which then took place on July 30th.
We are facing a possible trend reversal that will have to be confirmed by the breakout of the price level of $ 157.49.
As far as I'm concerned, this is not short-term trading, but a long-term investment.
I believe in the company, in its fundamentals, and in its growth.
Considering the global scenario, with a pandemic not yet completely overcome, for my portfolio, it was time to insert ABNB.
We are close to the Earnings, I intentionally entered first with a part of the investment. Should the price fall, the important levels to buy are $ 130 and $ 121.
For those interested in medium-term speculation, the levels where to take profit in my opinion are:
- $ 170
- $ 190
- $ 216
A few important statistics as of August 8, 2021:
Short Float: 5.16%
Average analyst target price: $ 173.68
RSI (14): 60.57
Performance Half Y: -23.20% (last very important figure, considering the potential of the company, let's always remember the words of Warren Buffett: Try to be greedy when others are scared, and scared when others are greedy).
Lazy Bull
Wish, time to get in?E-commerce is not just Amazon, which, moreover, has recovered from one of the most violent gap-downs since its listing.
There are interesting realities, such as Shopify, eBay , and Wish.
Wish is the most recent in terms of listing, we are talking about December 2020, so just over 6 months of "life".
The price had one of the most classic movements of an IPO: a good initial uptrend, followed by profit-taking and total lack of interest on the part of large investors.
What did not impress was negative EPS during a very prosperous period for e-commerce due to the pandemic.
Recently, however, once the price hit $ 8, volumes increased considerably, a sign that interest in the company (ContextLogic inc. ) Has clearly grown.
The price is in a lateral phase even though we had a rising low on July 19th, then retested on July 27th.
Rumors are expected on the Earnings in August, to have a reversal of the trend, we should see the 14.32 level broken upwards, with good volumes, very important at a volumetric level.
Personally, I could risk entering even earlier, with a very tight stop.
We will see, a lot will depend on the data that the company releases.
From a technical point of view, the whole zone between 10 and 7 dollars is interesting for an entrance.
For those who are more conservative, a re-test of the $ 14.32 level after breaking it could be interesting.
For the targets, in addition to the psychological thresholds of $ 20 and $ 30, the $ 18 and $ 28 must certainly be reported.
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA . These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Crude Oil (CRUD) UpdatesQuick update on crud oil (the investment is on the "CRUD" ETC as you well know).
No fundamental news from OPEC, so let's analyze the chart, because we have reached an important point.
After the retracement practically lasted from 6 to 20 July, the price with a classic "V shape" is returning to the 5.80 area.
I highlighted a similar situation in the past when in May, after some profit-taking, there was a double top in the € 5 zone.
It is not certain but it is highly probable that such a situation will repeat itself when the price touches the previously mentioned level.
As far as I am concerned, I have already said that I consider the level of 8 € the real target, but obviously, we are talking about a raw material, very linked to what is happening in the world, in a moment of recovery, but recently threatened by the Delta variant. of the virus.
A very uncertain picture and the markets generally don't like uncertainty.
We must constantly follow the news and check that the price does not fall below the level of 5. 05 that I recently traced. In fact, this could mean a trend reversal and for many who may have an entry price close to that level (possible since it was a breaking point of an important resistance). a risk of a possible loss.
But by far, August 1st, the price has returned to the uptrend channel clearly visible on the chart, which I have drawn. This we know.
In an ideal scenario, there should be a strong break with a daily candle closing above 5.80. If accompanied by volumes it would be a clear signal of continuation of the trend.
In the event of a retracement, for those who have been investing for a long time, the most interesting levels to add positions are 4.577 (green line on the chart) and the SMA 200 moving average.
I remember that we are talking about a commodity, so the scenarios could change radically at a fundamental level, so if you were long, follow the economic calendar, the trend of the dollar, and the seasonality very carefully. however importance.
Lazy Bull
XIAOMI (3CP)There are investments that have nothing to do with the chart, with technical analysis. Obviously, you keep an eye out to check that things are not too bad (or too good) to try to get into the best time. And this is where technical analysis once again proves to be very important.
I had decided to invest in Xiaomi already in January, following the budgets, the price/earnings ratio, the cashflow, constantly growing.
Not to mention that touching the products first hand, you can see the incredible growth that the Chinese company from Beijing in terms of quality.
There are already those who call it "the Chinese Apple" and in my opinion rightly so.
Collaboration with various automotive companies, expansion of the tech sector, investment in 5G, in artificial intelligence.
All things that let us think about possible growth.
Obviously, the government problems with the United States do not help, Xiaomi currently delisted from the Nasdaq, due to the ban, therefore only available in Honk Kong or Frankfurt (the market I have chosen).
I don't think the tense situation can go on much longer.
A possible relaxation agreement would lead the stock to grow as it should.
Returning to the technical analysis: in January the price action was definitely too extended, I was expecting a pullback that actually took place on January 14-15.
I was tempted to enter but seeing the trend of the Nasdaq which began to lose points and the relative proximity of the earnings of March, I decided to wait until the end of March.
In the meantime, the bearish phase continued its path up to the SMA 200, which coincided with an important level of volumetric analysis (I mention it in an image, these are analyzes that I will reserve for the private group, which go a little deeper ).
The day after the Earnings came out, I bought the shares.
From an analytical point of view, the first target is € 3
Second target € 3.8-4
The potential for growth is very high in my opinion, so this for me is a long-term investment, with possible multiple exits and entries over time (which is the way I prefer to operate).
LazyBull
RokuRoku , has reached a support area , now is in ascending triangle and is near to break resistance trendline.
If should fail, and continue to go down the support should be the POC area around 227.30.
CCI, RSI and Soch low are coming out of oversold area
I am long.
1st Target: 444$
2nd Target: 500 $
Save and Invest
LazyBull
DISCLAIMER: I am not a financial advisor nor a CPA . These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
XIAOMI ready for a positive cycle?An important week for Xiaomi (3CP on the Frankfurt stock exchange).
The price of the Chinese giant, after consolidating and lateralizing for a month, breaks the bearish trendline and prepares for a possible new positive cycle.
As for me, it is the Chinese Tech company, together with Baidu, which I think is more interesting in terms of future growth.
The quality of the products has grown exponentially and the opening of stores will certainly continue at the end of the pandemic, in Europe.
As for the medium term, my targets are the following:
1 target: € 3.39
2 target: € 3.85
Should the breakout fail, the support trendline is the first place to increase the position for long-term investors.
Lazy Bull
American Airlines : end of bull-run? Volumetric analysis and position management to limit risk, constantly updated, to follow my operations, always for information purposes.
As you can see we have reached a turning point, both as regards the 786 Fibonacci level, which among other things coincides with a gap created at the end of February 2020, and for the volumetric levels, i.e. the price exchanges, verified. on certain values.
26 (25.95 to be more sure) is the target.
This week there will be the Earnings, the forecasts are bad, obviously, so a positive surprise could give the final boost to the title to reach and exceed the target.
Realistically, however, AAL really seems to have run out of energy, the week just ended was further proof of that. Low volumes, unloading of the stock which then closes below the support trendline it had held since January 21.
The price space is very low, sometimes it happens that there can be 1 or 2 positive days before the earnings. We'll see.
My "stop profit" is very tight, in the area of 21.61, if it is taken it will still be one of the best trading operations of the year. (My enter price is in 15 area)
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
JOHNSON & JOHNSON (JNJ)In my work, I always try to combine fundamental analysis and technical analysis.
They are both important, especially on a topic as important as the covid vaccine.
Johnson & Johnson is about to be marketed, after the approval of the EMA on 11 March.
Exactly after the announcement, I bought the stock.
The JnJ vaccine has a much lower distribution cost than Pfizer since it can be stored at refrigerator temperatures, like AstraZeneca.
The difference is in the prestige and history that the company has.
Moreover, the share according to the average of analysts, still has ample room for growth, with an average target of $ 185 and a second "high" at $ 200.
Technically speaking, the price bounced off the bullish support trendline on Thursday, March 4th, and then broke the resistance trendline on the 12th, exactly the day after the announcement of the EMA's approval.
The trend is clearly bullish, but, even keeping in mind the analysts' opinion, I believe the first target in area 170 is more likely.
If everything goes well with the vaccine, the analyst targets could be greatly raised.
It is a different trade, to be constantly monitored with a trailing stop, in case there will be any hitches or cases of a block, as happened for AstraZeneca. Such an open market scenario would cause a crash, so you have to be ready to get out quickly.
Lazy Bull
1st target: 170
2nd target: 180
3rd target: 200
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
ROKU Inc. (ROKU)February 16 - March 29 2021: this is the duration of the violent decline suffered by ROKU. In this period the company lost nearly 40% with the price hitting a high $ 486 and a low of 293 just in late March.
Roku has 43 million active users and is present not only in America but also in Canada, England, Mexico, and Brazil.
Technically it is considered the best "streaming operating system".
Last year it acquired Dataxu , a company specializing in marketing.
Last but not least, ARK ETFs has invested $ 750 in Roku and considers it an asset to keep in their portfolio for the future.
Technically, the 40% reversal was a blessing, after the 600% (no joke) growth the company had from March 2020 to March 2021.
I entered the first positive candle after the break of the bearish trendline, on the day of April 6th, unfortunately, the candle was very extended, followed by another 3 days not very volatile.
We hope for a more favorable second half of April, to keep an eye on the volumes, which so far have been good but not excellent.
The targets of the analysts have varied, with a range that goes from 400 to 650 (!!!) dollars.
The sentiment is definitely bullish , but as usual, we try to be as realistic as possible and base ourselves on the volumetric analysis.
We are already on a volumetric resistance zone , beyond which we could have the following scenario:
1st target: in the area of $ 425
2nd target: 475
3rd target: 500
Psychologically $ 500 will be a very important line to cross. Although obviously, I hope it will do so as soon as possible, I believe that the most ambitious target, where I will most likely close the position, will be in the $ 475 area.
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Qualcomm (QCOM)Qualcomm Inc.
For those unfamiliar with Qualcomm: leading company in the production of chipsets for the best Android smartphones in circulation. Also active in the development of 5G, artificial intelligence, modems, and wifi antennas.
I entered long on this company with undoubted growth potential, after the rather violent pullback in February, where the price has discounted well 25.89%!
Technical Analysis: With Thursday's close above the 137.27 level, QCOM nearly closed its November GAP. Very important strength index.
The uptrend is accompanied by good volumes, considering that the stock is unlikely to trade more than 20 million shares per day.
Also considering the volumetric analysis, here are my targets:
1st target: 147 $
2nd target: 152 $
3rd target: 160 $
Lazy Bull
Ferrari (RACE) In a week of uncertainty, especially on the Nasdaq, which is on a critical point, see the article I posted last week for a more in-depth analysis, Ferrari finally seems to have started its bullish phase, after the long decline that the 'led to a loss of 36% from the beginning of 2021 to the beginning of March.
The price strongly breaks the bearish trendline on Monday, then tries to continue quickly on Tuesday, and then retraces with a two-day pullback.
The stock closed up at € 173.40 yesterday.
My idea about Ferrari in the long term, especially after the post-pandemic economic recovery is clearly Bullish, while in the medium term I believe that the title can easily reach the 178-180 area.
If the uptrend line were to keep and the global situation, also thanks to the summer period, were to improve, as we all hope, the second target is in the 190 area.
LazyBull
FACEBOOK INC. (FB)After an incredibly lazy February, Facebook (FB) gave a small sign of upside on March 11, which was almost totally eated the following day where the price tested again at the 20 EMA.
The future of mobile gaming is getting out of hand to Facebook, which is present with its Ocucus Rift & Quest in VR, but which has not been able to carve out a place among the giants (Apple, Google and Microsoft) despite having a well-tested platform. .
The fact that it never made a turn, never built proprietary hardware (only bought Oculus), was a determining factor for a company that, in the end, lives on advertising.
The mid-long term view remains bullish.
1 price target: $ 286
2 price tag: 300 $
As usual, I will keep the position updated, but I anticipate that in the event FB reaches $ 300 I will liquidate the profits accrued so far, keeping the remaining shares with a very advantageous entry price even today.
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AAPL RENKO Despite being a firm supporter of technical analysis with the bar chart or candlesticks, the management of the position, entry and especially exit, I have been doing with brick renko for a few years, with CLEARLY superior results.
This is because price is the thing that matters most in trading.
Renko bricks have the great advantage of eliminating background noise.
Lazy Bull
AMERICAN AIRLINES BREAK OUTAfter 14 days of laterality, where the price tried 4 times to break the barrier of $ 22.50, on Friday American Airlines (AAL) gave a sign of strength, breaking the resistance and closing the session at 23 , $ 37 per share.
The trend is confirmed as bullish, obviously correlated to the trend of oil (which I will analyze in another article) and vaccines.
In the next week we will see if the stock manages to break the resistance trendline in the 23.68 area, if it does not, there could be a pullback on the 20 EMA or on the support trendline, which would represent a good buying opportunity.
The first price target for me is and remains $ 30 , which is the price that AAL had at the beginning of February 2020, before the collapse caused by COVID-19.
Lazy Bull
𝗥𝗘𝗔𝗗 𝗖𝗔𝗥𝗘𝗙𝗨𝗟𝗟𝗬 !!!
DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
PLTRPLTR brakes trendline resistance. Also CCI comes out to oversold area and Stochastic cross too.
News of today about PLTR: the company has entered into a six-year strategic partnership with French automotive supplier Faurecia to help the latter accelerate its digital transformation and move toward carbon neutrality.
The French company will use Palantir's Foundry software to obtain better insights on data from manufacturing to purchasing, and from engineering to finances.
Palantir's on the BUY list of ARK's ETF too.
1st target price 30
2nd target 40
Save and Invest
LazyBull
DISCLAIMER: I am not a financial advisor nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.