PLTR - Example of many - Throw Overs in Equities Complex.PLTR is ranging ahead of Jackson Hole.
Many charts have precisely the same setup.
HK was asked IF PLTR was a SELL - We do not Sell
PLTR, nor would we at this time for reasons we'll
cite below.
For "Appearances" - the .500 is the Target as the LTL
contained Price from further declines as Insiders continue
to SELL and Distribute their shares.
Chop into the break with a P/E of 100, this richly valued
"Disruptor" has remained ahead of itself. The move from
35 to 25 was being promoted as a Value proposition by the
Financial Media...
Presently, there is an Air of caution surrounding PLTR as
Valuations and Distribution is coming under scrutiny.
Never Underestimate Wall Streets ability to Fill their SELL
Fills. It will be interesting to watch the Fill into the next
P/E Adjustment as Q3 earnings are going to be a fairly tale.
A great many charts show precisely the same pattern.
The State of Colorado has become the 2nd Capital over the
prior 3 decades. Companies such as these we avoid, as they
are the newer group of MID protected entities.
HK Is a resident and has visited Lockheed's Sites here. The
State remains the life blood of MID for the 21st Century.
Fusion research/development has been advancing here
for well over a Decade.
FAA/CDC Contracts are prime example.
* Disclosure- No Position
MEME
$EBAY a BuyTechnical:
- Fib retracement (not shown) shows a good entry point.
- Support held last quarter (dashed line), though it broke before recent earnings only to come back again.
- Fib extensions (shown on graph) are good exit points though this this a long term hold because of growth potential and dividends.
Fundamentals
- EPS growing exponentially since 2005.
- PE Ratio under 4 for a tech company is very low.
$CPRI: Continues to stun the marketWith another massive earnings beat, the market continues to find value in this name that was getting beaten up long before COVID. Should be interesting to see if CPRI can continue to impress into holiday season and beyond.
Q2 2021 Highlights
Revenue increased 178%, with better than anticipated results across all three luxury houses
Adjusted gross margin expanded 90 basis points versus prior year
Adjusted operating margin of 20.8%
Adjusted earnings per share of $1.42
Raised full year adjusted earnings per share outlook to $4.50
TLMD - CHANNEL BOTTOM + FALLING WEDGE = BOOM GOES THE DYNAMITEAll,
This is a crazy crazy setup. WW here for sure. Needs to hold this bottom. Easily worth taking a long here stop loss or not. Id probably not take a stop loss because sooooo many times it dips below all time low and support bottom falls 5-10% then moons. Happens literally all the time.
I know not a high volume stock, but if this is right you can long hold for at least 20-40% gain if not more.
MUST hold support and/or small dip under otherwise invalidated. HOWEVER following the falling wedge fails as well dips down and STILL in the falling wedge is fine just follow the # of attempts hitting falling wedge wall afte 3 rejections should be end of that. So either way this setup will blow up soon or easy to follow after.
AMC - Bullish Butterfly - Swing Trade + 3 TargetsThe Butterfly is one of my favorite Harmonic Patterns for a nice long position. Low Risk with potential High Reward! =)
I don't think the Fundamentals are going to hold it down this season.
Low Risk Entry: < $35
Targets : 15% 30% 50%
Stop Loss: 5%
MEME Stock
Going to accept Bitcoin
Class A Bullish Divergence on the Daily time frame
Uuii UbisoftBuying points:
-trend line from July,15
-strong support at 51.14€
-MACD: MA lines extremely under average
-RSI: oversold
Selling points:
-all SMAs above the price
-MACD shows negative momentum
Fundamentals
-selling pressure bc of bad earnings of the gaming industry (take-two)
-seasonal summer impact -> people are more outside, fewer sales
-guidance of next earnings: meh
Conclusion
Technically the stock has a great potential to bounce back to a certain level which I think is 59-60€. So, with a tight stop loss, we are looking for a 17% return.
My strategy, in this case, is to sell the stock when it hits SMAs like 50 or 100 (main goal 100).
You could argue that the share has the chance to get to the upper downtrend line but the fundamentals do not support this theory, not in the short-mid term.
Short opportunities could arrive after we go under the trend and support line (full daily closed candle). This would become approximately 20% down to the next support line of 40€.
As all ways, I try my best to calculate the best risk/reward ratio. If you like my analysis you can follow for more quality content.
FIGS - LOOKING FOR $46 - Great FinancialsAll,
Firstly, FIGS is THE hot commodity in the healthcare sector. All major doctors, dentists, surgeons love and buy only FIGS no joke. They are a high quality brand and actually a decent company. FIGS looks ready to pop on confluence support here and wedge. We will see, keep an eye out. See financials below, but I would consider them undervalued here by about $5-$10. I could see FIGS at some point in time being near $100 stock if they keep up their revenue and hype with healthcare workers.
Entry #1: now 5% stop
Entry #2: break of wedge w/ trailing stop
Entry #3: wait for wedge break and see what happens on previous channel retest fail (late entry on break 40-41$ vs now.
Could also of couse go down so do your DD
Financials (Almost all good)
**High ROE: FIGS's Return on Equity (49.9%) is considered outstanding.
PE--
PE vs Industry: FIGS is good value based on its PE Ratio (11x) compared to the US Medical Equipment industry average (48.9x).
PE vs Market: FIGS is good value based on its PE Ratio (11x) compared to the US market (17.9x).
ER/Revenue--
Earnings vs Savings Rate: FIGS's forecast earnings growth (40.2% per year) is above the savings rate (2%).
Earnings vs Market: FIGS's earnings (40.2% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FIGS's revenue (27.6% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: FIGS's revenue (27.6% per year) is forecast to grow faster than 20% per year.
Debt--
Short Term Liabilities: FIGS's short term assets ($146.3M) exceed its short term liabilities ($43.4M).
Long Term Liabilities: FIGS's short term assets ($146.3M) exceed its long term liabilities ($3.6M).
$NAKD is shark, head and shoulder, and Vshark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
tp1=1.6 BC=$27
tp2=0.88 XA=$38
tp3=1.13 XA=$141
tp4=2.24 BC=$267