Keeping a Close Watch on AIMAIM is one of the stocks that have underwhelmed me in performance lately. However given current resistance wedges, I think as an entry point right now it would seem low to mid risk. I believe going in as a long hold, you can expect some positive retracement, and quite possibly a $3.15 price target by end of August. That being said, pursue at your own risk. As always, everything I say is on the basis of opinion.
Stockstrading
NVAX: Key Points to Look AtEarlier today, I put a target of at most $115 and later was convinced to do a sell off at $108. Many people thought this would go straight to $150+, but it looks like the positive wedge have peaked. Right now, I currently think the dip will likely be at the $90 price point, but an important factor to consider is closely monitoring movement at the $95 mark. The advanced decline ratio seems to be peaking, and the FIB retracement also showed that it was towards its high point in the morning for the current correlation trend. As always, invest in your own risk and proceed with caution. This is on an opinion based basis.
$TLSA round number honey trap$TSLA has gone parabolic recently, and more parabolic after Musk indicated that price shares are too high. Technically it is reaching in extension 1.40% Fibbo from 185 swing high and Pitchfork channel upside resistance hitting 1420 and pulling below 1400. Time for a pullback don't ya think?
How Elon Musk Outsmarted Short SellersElon Musk as you could have recalled tweeted a while ago that "Tesla's price is too high imo", this caused a reaction in which short sellers broke off the resistance curve of Tesla early, allowing Tesla to smoothly go up past $1250 afterwards as a positive retracement reaction with barely any resistance. Many of us thought in May he was losing his mind , and personally I was still bullish. This TradingView user said it helped trigger the NASDAQ uptick rule, and others have also been dumbfounded on maybe this being strategic. That being said, since the market reacted to a natural mathematical pattern as a result of him saying his stock is "overpriced", technically Elon Musk can't be accused of any market manipulation. He played the SEC, short sellers, and the overly bearish investors like cats w/ a laser pointer. Maybe this was his plan all along. Elon Musk: 1, Short Sellers: 0.
WLLHere's the game plan Fam. If that bottom TL fails then all bets off otherwise if the bottom TL holds I will take a long scalp.
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PFIZER SHORT Trading PlanEU states back spending up to $2.7 billion upfront on COVID-19 vaccines however,EU officials said the bloc would not buy vaccines produced exclusively in the United States, which includes PFIZER, fearing that would delay supplies to Europe.
Hence, I expect the share price will dip further.
Key Trading Plan:
i) SHORT when it reaches the pull back price at 34.98 and it breaks support level at 32.87 before reaching target Take Profit point at 28.28.
ii) LONG when the price breaks the resistance level of 36.89 with the target Take Profit point at 39.33
Author:
S.I.D. Aizu
MICROSOFT LONG Trading PlanMicrosoft's software and services are closely tied to enterprise environments, and computing capabilities have never been more in demand. The shift to working from home has been a major boon for two key components of Microsoft's business.
Key Trading Plan:
i) LONG when it reaches the pull back 1 at 186.75 or pull back 2 at 178.85 with the target Take Profit point at 200.
Author:
S.I.D. Aizu
Tried buying this at $0.14, went at $0.30 will Retrace Past $1+First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based based. That being said, I have been watching the stock known as $ADOM quite closely. It is an electrification company focused on trucks that was earlier $0.14 at the OTC markets. The demand surge in the morning was high w/ even many hedge funds, small caps and institutional investors picking up on it. Volume was at an all time high. Few cents decrease here and there doesn't matter to me for stocks that are VOLATILE. I am seeing this easily go up by huge percentage points, and am interested to see if support lines continue and resistances can be broken. I may shorten it later and re-entry once it surges or keep this for a very very long time. A company like this which went humbly down to startup status is underrated. You have early stage corporations like NKLA and then you have stuff like this that doesn't have brand equity value. I don't' like speculative investing or paying way more than a company is worth. This is why I shortened NKLA and said it is better to invest in what has more percentage growth potential. I don't care about fancy graphics as much as I care about fair market value and growth potential. Once I remove the bias of excitement from the flair, it lets me make more informed trading decisions. A stock like ADOM is still extremely high risk, so do your own diligence. However, the fact that it is getting picked up and I expect some positive news quite soon makes me all the more bullish.