GEM: $PLANET - backed by Lionel Messi?The bear market seems to be over for stocks, thus I'm hunting gems in crypto. PLANET seems to be an interesting project given its efforts for the environment (hot topic atm) and unofficial backing from star football player Lionel Messi. They are still very new and only at a 68 million market cap (fully diluted) - thus anything can happen from here.
I decided to put in a little play money - it's a very high risk play: hero or zero - so do your own research and check their official sources first to make up your own mind. Technically it looks decent, higher lows and higher highs and if(!) Messi backs it publicly (he did post a teaser video already about PLANET on his instagram) we could see an impulse up. First target would be the 4.236 extension which equates a 230% pump.
It's early, only 5K holders so this project could be moon or doom. Give it a look and decide for yourself if it's interesting for you or not.
Planet
$MSEX: Drip dripUtility company Middlesex is dripping with momentum and it could still be time to start accumulating a position as the possibility the Biden administration social spending bills could take effect. Could be pretty early here so use potential pullbacks to lower your cost basis keeping risk management appropriate. Other names like AWK, FERG and CNM also on the come up..
TSLA is en-route to becoming an off-planet mining company.I have been following Tesla since back in the day and I have never read anything about this.
For this summary, I am going to umbrella all of Elon Musk's work under the name Tesla. I know this is currently fundamentally incorrect but Musk has made suggestions that he will try to grant owners of TSLA some sort of privileged access to SpaceX shares if it goes public so I am going to loosely hold onto that thread for simplicity's sake.
It is clear to me that almost all the work that is being done by Tesla all points in one direction.
Simply put, what do you get when you combine:
1. electric power-trains (Tesla cars)
2. robotics (robotic manufacturing of Tesla cars)
3. robots (the recent suggestion of creating general purpose humanoid robots)
3. solar power
4. boring (aka mining)
5. space flight
You get off-planet mining, with the ore processing and manufacturing plants in space.
Think about it:
You have essentially unlimited power in space through solar generation.
Although electricity != propulsion, because things like ion propulsion engines require physical fuel, such fuel can be mined. Essentially you could even just shoot iron pellets off the back of a space ship using electro-magnet based accelerators to move craft.
WIth essentially unlimited solar power generation in space you could launch a simple, initial ore processing facility into space and from that you could build successively larger ore processing facilities.
The final product can either be shipped back to Earth or it can be used to build in space itself...enter Starbases 001.
All this will be highly automated.
I do not see this as being too relevant to TSLA's current share price as it is too far in the future. But I'm not sure why nobody else sees that most if not all of Musk's moves from the past few years are clearly pointing to off-planet mining, so I thought I would point it out.
I do not go into technical specifics here because I don't have the background to break things down.
There are many hurdles to be overcome.
This is still very much sci-fi, with emphasis on the `fiction` part.
The chart is simply an observation of TSLA bouncing off the 200DMA. How long the current bull market will last is anyone's guess. Looks to me like it has lost it's steam and will drop soon.
I do not own any TSLA.
Planet 13 Buy- Great company emerging in the cannabis industry.
- Great technical.
- Buy
- Triple bottom
Bringing Back the Silent Planet as Promised!Remember the Silent Planet? I promissed to repost, and here we are!
Under 2650 was a good reentry i gess. I will wait breakout in 3000 to buy a bit more.
No music for this one, because its just a repost of the last Mercury idea... Don't cry, fellas!
TPs:
TP1 - 3240
TP2 - 3450
TP3 - 3680
TP4 - 3940
TP5 - 4200
Fibbos 23.6 (3685) and 38.2 (4830) are very possible and attractive!
Remember: this is a personal analisys, and definitely is not an advice to buy! Capital Management is highly recommended! Always DYOR!
Mask loves you all, let's get a journey to a Silent Planet together !
"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient" - BUFFETT, Warren