Today, we will discuss how to apply inter-market analysis effectively. While there are numerous analysis methods available, I find comparing the index, an influential stock, and a smaller yet actively traded stock to be effective in projecting what is coming ahead. Let's make some interesting observations in the tech market, focusing on the Nasdaq Index, the...
I think this is a great company and may be a good stonk for buy and hold. Check it out, JOBY. Potential a bottom has been found recently. I am happy to see a strong rebound, in the case major indexes suffer more downside in the near term, this chart is in a good position to form a higher low.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
After a difficult year after the capital increase back in August, it the worst case scenario has already passed, and investors bought the dip and pushing the price higher. The stock is a small cap, so remember, it's more volatile than other stocks and hype moments could increase the price dramatically like these past two days. Next stop 0.02, and if broken out,...
It looks like IWM is just beginning its Wave 3.
I have maintained a long thesis on 48North Cannabis Corporation since October 2018, and the trade worked wonderfully into March of last year. However, 48North pulled back alongside the entire cannabis sector, and rightfully so on some of their own missteps. As a brief introduction, I believe 48North's competitive advantage stems from their outdoor grow operation,...