Jumia $JMIA - investment idea 💡This stock been trading for a while in the demand zone, giving great opportunity to buy the dip for it's low risk and great target potential. I expect it to up if not today it will be in a few days.
❌ - Volume looks good bust still under the average
✅ - Double bottom
✅ - Bullish price action on the daily (Bullish Doji)
✅ - MACD
✅ - STOCH
✅ - Momentum
✅ - DeMarker
❌ - MA50 (-23.9%)
✅ - MA200 (+31.35%)
❌ - Pivots: (-10.46%)
⏰ - Breakout 1: $40.37
🚀 - Potential targets (🚀247% by 20/07/2021)
🪂 - If things goes wrong better to exit if $32.60 didn't hold
🚦 - Next entries in case if dropped: $26.82
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
Stockstowatch
Low Volume Push On DIA, Will We Roll Over Or Head HigherSame as I put for SPY , DIA is looking a little sketchy right now. Same trend is in play as back in February when it was approaching new record levels. Low volume push higher before rolling over. Plus this week there's a fair amount of economic catalysts to factor in, on top of the first round of Q1 earnings.
This week there are plenty of economic events to take into consideration. One of the foremost things to take into consideration will be the kick-off of Q1 earnings results. The market could gain a glimpse of any progress made as vaccine distribution continues. Companies like Pepsi (NASDAQ: PEP ), Bed Bath & Beyond (NASDAQ: BBBY ), and Delta Air Lines (NYSE: DAL ) could shed some light on the temperature of the economy. This week will also bring consumer price inflation figures into focus. Tuesday, the Commerce Department delivers these at 8:30 AM ET. Inflationary fears remain a hot topic of conversation right now, even as the S&P and Dow reach new highs. This will also weave in with the numerous Federal Reserve speeches this week as discussions continue about interest rates. Thursday will also bring some attention to U.S. retail figures. The consensus forecast? Retail sales are expecting a jump of 5.5%. That would represent an increase from February’s decline of 3%, the largest dip since last April. Whether or not these events spark momentum in the stalled rally for small-cap stocks is to be seen. Looking at benchmark ETFs like the Russell 2000 Small-Cap ETF (NYSE: IWM ), it hasn’t mirrored the same trends as the broader markets. However, it has bounced back a bit from its late March lows.
Quote Source: Best Penny Stocks To Buy Right Now? 3 For This Week’s Watch List
Low Volume Pump similar to Feb For SPYLooking a little sketchy right now on SPY . Same trend is in play as back in February when it was approaching new record levels. Low volume push higher before rolling over. Plus this week there's a fair amount of economic catalysts to factor in, on top of the first round of Q1 earnings.
This week there are plenty of economic events to take into consideration. One of the foremost things to take into consideration will be the kick-off of Q1 earnings results. The market could gain a glimpse of any progress made as vaccine distribution continues. Companies like Pepsi (NASDAQ: PEP ), Bed Bath & Beyond (NASDAQ: BBBY ), and Delta Air Lines (NYSE: DAL ) could shed some light on the temperature of the economy. This week will also bring consumer price inflation figures into focus. Tuesday, the Commerce Department delivers these at 8:30 AM ET. Inflationary fears remain a hot topic of conversation right now, even as the S&P and Dow reach new highs. This will also weave in with the numerous Federal Reserve speeches this week as discussions continue about interest rates. Thursday will also bring some attention to U.S. retail figures. The consensus forecast? Retail sales are expecting a jump of 5.5%. That would represent an increase from February’s decline of 3%, the largest dip since last April. Whether or not these events spark momentum in the stalled rally for small-cap stocks is to be seen. Looking at benchmark ETFs like the Russell 2000 Small-Cap ETF (NYSE: IWM ), it hasn’t mirrored the same trends as the broader markets. However, it has bounced back a bit from its late March lows.
Quote Source: Best Penny Stocks To Buy Right Now? 3 For This Week’s Watch List
No News Pop For CYCNNo news on April 9th and no filings either. But CYCN jumped to $3.10 after-hours. The initial pop began during the final hours of the afternoon session with a big volume spike that pushed the stock back above $3 for the first time, to the upside, in a few weeks.
A MELAS Phase 2a study is underway. So the market could be waiting for any updated data to shed light on progress. As it stands right now, top-line data is expected in “mid-2021.” There’s also a Phase 2a study on patients who have Alzheimer’s disease with vascular pathology. The company is expected to initiate this in “mid-2021” as well. Does Friday’s aftermarket momentum have anything to do with its current pipeline? We’ll have to see how Monday begins. In the meantime, CYCN could be one of the penny stocks to watch this week.
Quote Source: Best Penny Stocks To Buy Right Now? 3 For This Week’s Watch List
FACEBOOK INC. Bull waveHere is my Facebook Inc. Wave count. FB Inc. is heading to finish off its wave (5) - intermediate count.
Below are my price targets;
1st target = $343 /share
2nd target = $420 /share
3rd target = $545 /share
Disclaimer: This is only a trading idea and must not be taken as a trading signal.
Please support this idea by leaving a like or comment below 😊.
WSM Stock 10/04/21 Analysis 4H ChartNYSE:WSM - Trend Analysis -
📑Value: 10/20
📈Growth: 18/20
💰Profitability 16/20
🚀Momentum: 20/20
💸Earnings: 18/20
🖇️Total Score: 82/100
Data:
Volume 857M
Average Volume (3 months) 1.55M
Previous Close $185.31
Open $183.97
Shares Outstanding 76.19M
Technicals:
( Simple Moving Average )
10D SMA $180.95 (+1.25%)
50D SMA $144.80 (+26.53%)
200D SMA $109.46 (+67.38%)
Market Cap $14.12B
Total Debt $1.53B
Cash $1.20B
Enterprise Value $14.5B
Revenue $6.78B
Gross Profit $2.65B
Net Income $680.71M
EPS Diluted $8.61
Free Cash Flow / Share $14.31
DBX Stock 10/04/21 Analysis 4H Chart- Trend Analysis -
📑Value: 10/20
📈Growth: 18/20
💰Profitability 16/20
🚀Momentum: 8/20
💸Earnings: 16/20
🖇️Total Score: 68/100
Data:
Volume 4.10M
Average Volume (3 months) 8.32M
Previous Close $27.69
Open $27.46
Shares Outstanding 319.67M
Technicals:
( Simple Moving Average )
10D SMA $27.04 (-0.18%)
50D SMA $24.98 (+8.06%)
200D SMA $21.88 (+23.38%)
Market Cap $11.16B
Total Debt $1.12B
Cash $1.12B
Enterprise Value $11.15B
Revenue $1.01B
Gross Profit $1.50B
Net Income -$256.30M
EPS Diluted -$0.62
Free Cash Flow / Share $1.18
MSFT Stock 10/04/21 Analysis 4H ChartNASDAQ:MSFT - Trend Analysis -
📑Value: 10/20
📈Growth: 16/20
💰Profitability: 18/20
🚀Momentum: 18/20
💸Earnings: 18/20
🖇️Total Score: 80/100
Data:
Volume 24.32M
Average Volume (3 months) 30.38M
Previous Close $253.25
Open $253
Shares Outstanding 7.54B
Technicals:
( Simple Moving Average )
10D SMA $241.41 (+5.98%)
50D SMA $237.64 (+7.66%)
200D SMA $218.99 (+16.83%)
Market Cap $1.91T
Total Debt $82.78B
Cash $131.99B
Enterprise Value $1.86T
Revenue $153.28B
Gross Profit $104.77B
Net Income $51.31B
EPS Diluted $6.71
Free Cash Flow / Share $6.66
FB Stock 10/04/21 Analysis 4H Chart- Trend Analysis -
📑Value: 6/20
📈Growth: 16/20
💰Profitability 20/20
🚀Momentum: 18/20
💸Earnings: 16/20
🖇️Total Score: 76/100
Data:
Volume 15.98M
Average Volume (3 months) 21.17M
Previous Close $313.02
Open $311.52
Shares Outstanding 2.41B
Technicals:
( Simple Moving Average )
10D SMA $297.51 (+5.03%)
50D SMA $274.65 (+13.77%)
200D SMA $266.95 (+17.05%)
Market Cap $891.38B
Total Debt $11.18B
Cash $61.95B
Enterprise Value $840.60B
Revenue $85.97B
Gross Profit $69.28B
Net Income $29.15B
EPS Diluted $10.09
Free Cash Flow / Share $8.29
NFLX - STOCKS - 05. APR. 2021Welcome to our weekly trade setup ( NFLX )!
-
4 HOUR
Very bullish market structure.
DAILY
Bearish fake-out with insane price action afterwards.
WEEKLY
Expecting more bullish price action.
-
STOCKS SETUP
BUY NFLX
ENTRY LEVEL @ 534.71
SL @ 504.00
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
$AMT Announces Pricing of Public Offering of Common StockApplied Molecular Transport Announces Proposed Public Offering of Common Stock
AMT announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock. All of the shares in the proposed offering will be sold by AMT. In addition, AMT expects to grant the underwriters a 30-day option to purchase up to an additional 375,000 shares of its common stock in the offering.
Applied Molecular Transport Announces Pricing of Public Offering of Common Stock
AMT today announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock at a public offering price of $42.00 per share.
$Uxin Entry into a Binding Term Sheet with Potential InvestorsUxin Announces Entry into a Binding Term Sheet with Potential Investors
$UXIN, a leading nationwide online used car dealer in China, today announced that it has entered into a binding term sheet with two established Asian funds on April 1, 2021, pursuant to which the potential investors have agreed to negotiate and potentially enter into definitive agreements with the Company for the subscription of senior convertible preferred shares.
The potential transaction has an aggregate investment amount of potentially up to US$300 million. The completion of the potential transaction is subject to the parties’ execution of definitive agreements and customary closing conditions to be stipulated therein.
finance.yahoo.com
OCGN LONG SET UPTitle: Buy OCGN (Ocugen Inc)
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ 401k account
Symbol: OCGN
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $6.75 ACTIVE
Entry Price 2: $4.75 (PENDING)
Stop Loss: $2.75 (40 Pips)
Take Profit 1: $10.75 (40 pips)
Take Profit 2: $14.75 (80 pips)
Take Profit 3: $18.75 (120 pips)
Take Profit 4: $22.75 (160 pips)
Status: Active
$VGAC Buy the bounce This was has been continuously beat down and its time for a bounce off support. May trade sideways during these red market times
$MINE Falling wedgeBuy the breakout of this falling wedge. Should be a solid bounce off support and rise
$JFIN appear to be rising on news or speculation regarding NFTsShares of $JFIN appear to be rising on news or speculation regarding NFTs. For those of you that don't know, NFTs are digital files such as art, video, audio, and other files stored on blockchain, which is the digital ledger technology that powers cryptocurrencies like Bitcoin. Some NFTs have already sold for millions of dollars.
Jiayin appear to be linked to speculation that the company may eventually jump into the NFT space.
Jiayin is an online individual loan marketplace that seeks to reach underserved customers in China. However, recent buzz on Twitter has people saying the company could potentially get into the NFT space, although there is no real news pointing to that right now.
The hype and potential around NFT is certainly at an all-time high and eerily reminiscent of when cryptocurrencies, which are also powered by blockchain, first gained mass popularity several years ago.
I would advise caution on anything related to NFTs. While they certainly have taken off in recent months, we are still in very days where the market for these assets will likely remain extremely volatile for quite some time.
www.fool.com
Is This Volume Any Indicator Of A New Trend?MRKR has been a sleeper all year. No major high-volume days and nothing really to write home about. But it managed to pull off a bigger move earlier on. Now that the gap has filled from the drop a few weeks ago & they secured funds, what will this mean for the company's next steps?
"An onslaught of Form 4s showed hand fulls of investors and insiders participating in the recent offering. The company raised the money to fund its Phase 2 trial of MT-401 in acute myeloid leukemia. Marker also plans to develop MultiTAA therapies into clinical trials in other indications and conduct manufacturing activities, among other things.
In addition to this, analysts have also weighed in recently. Cantor Fitzgerald initiated coverage on Marker this month. The firm started MRKR at Overweight and gave a price target of $6."
Quote Source: Best Penny Stocks On Robinhood To Watch This Week If You Like Biotech