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TTITechnical only : Adding to my watch list in order to get a direction from the market. There is a positive and a negative scenario. Positive scenario - W pattern - Our first entry will be above 4.20 and our second entry will be above 4.50 with potential target of 5.75$. The negative scenario - Below 3.76$ we will jump in to short position and even increase my holding if we will break the important 3.55$ level. Our potential target will be 2.7 and than 2.35. DYOR 🙊🍒 Manage your own risks
NYSE:TTI
by SharonSwingHalleluya
XELA ready for the next GME and AMC ?!?!?!Exela Technologies XELA $927 Million volume today reminded me of AMC Entertainment AMC and GameStop GME before they went parabolic! XELA has a Market capitalization of only 58.56 Million, while their earnings last year were $1.17 Billion. Exela Technologies is a business process automation corporation that provides industry-specific and multi-industry enterprise software and solutions to more than 4,000 customers spread across 50 countries and employs more than 17,500 employees across 23 countries. 52 Week Range $0.092 - $3.54. now: $0.132 $927,439,905 Volume Today! My price targets are $0.415 and $0.73 to be conservative. It can also be a buyout for a big tech company that wants those international clients. I think XELA is the next GME or AMC. Looking forward to read your opinion about it.
XLong
by TopgOptions
8
VRM Vroom ready for an Epic Squeeze!Have you seen so many bullish divergencies on a daily chart before? Neither do i! A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low, demonstrating that bears are losing power, and that bulls are ready to control the market again. A bullish divergence marks the end of a downtrend typically. What should we expect from the May 9th earnings? - revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY! - a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil. Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00 So how come it is trading at $1.66??? Well, 29.48% of the share float is Shorted! Big institutional owners like Vanguard, Blackrock , Morgan Stanley , JPMorgan Chase have average entries at $40! And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM , respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55. So if they are happy with a 22 average, how come we don`t we buy it at $1.66? VRM has a Price to book ratio of 0.24 now. A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued! the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16. Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the $600M senior note, each shareholder will receive approximatively $6.5 per share. If we look at the daily timeframe , VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI . Institutional ownership in VRM is high, 92.19% 52 Week Range 1.58 - 48.80 Market Cap of only $235.47Mil! Can be a buyout at this point! 2021 Revenue: $3.18Bil All things considered, fundamental and technical analysis , my short term price target for VRM is $5.95, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry. Looking forward to read your opinion about it!
VLong
by TopgOptions
8
VRM 35K calls block expiring soon! Extremely Bullish !!Yesterday i was amazed to see a block of 35K calls worth of $525K on VRM expiring May 20. And i will explain to you why they might be extremely profitable! Since its highs, VRM lost 97.76% of its value and it`s not a crypto, by the way, it`s a company that makes billions of dollars. The calls are related to the first Quarter earnings on May 9, so they expire 11 days after the results. What should we expect from the earnings? - revenue growth! last quarter their Ecommerce revenue was $738.7 million, up 159% year over year; gross profit was also up a lot, 64% YoY! - a strong financing business! On February 01, 2022, Vroom announced the successful completion of its acquisition of United Auto Credit Corporation (UACC), a proven leader in automotive finance for $300 Mil. Soon after the news above was released, on 2/3/2022, Bank of America set a price target for VRM of $30.00 So how come it is trading at $1.62??? Well, 27.11% of the share float is Shorted! Big institutional owners like Vanguard, Blackrock, Morgan Stanley, JPMorgan Chase have average entries at $40! And many of them had recently averaged down their investment, like Goldman Sachs which reported on 2/17/2022 an increase of 104.5% in their ownership in VRM, respectively 1,753,977 shares worth $18.93Mil for a total of 1.281% of the company. Their average is now $22.55. So if they are happy with a 22 average, how come we don`t we buy it at $1.62? VRM has a Price to book ratio of 0.24 now. A P/B ratio less than 1 means that the stock is trading at less than its book value, it`s way undervalued! the Price to Sales ratio is only 0.07! By comparison, its rival, CVNA (Carvana), has a P/S of 1.16. Based on Q4 Financials, If they liquidated the inventory, cash in on all receivables and pay off the $600M senior note, each shareholder will receive approximatively $6.5 per share. If we look at the daily timeframe, VRM formed a falling wedge pattern which is extremely bullish as you know, on an oversold area, 25 on the RSI. Institutional ownership in VRM is high, 92.19% 52 Week Range 1.58 - 48.80 Market Cap of only $235.47Mil! Can be a buyout at this point! 2021 Revenue: $3.18Bil All things considered, fundamental and technical analysis, i think that the 35K calls will be in the money, extremely profitable, by the time of expiration. My short term price target for VRM is $5.5, i think it`s trading so low because it`s heavily shorted by the hedge funds, to have a better average on their entry. Looking forward to read your opinion about it!
VLong
by TopgOptions
2
Vroom, Inc. (VRM) at all time low ahead of earningsIf you thought cryptos are volatile and you can lose all your money, look at VRM Vroom. 52 Week Range 1.85 - 48.80. Blackrock`s average entry: $41. Bank of America price target: $30. Year over year growth: 130.3% And the stock is trading at 2usd, yesterday hitting all time low. Few months ago Vroom bought the Auto Lender UACC For $300Mil and now the total market cap of VRM is 276Mil! I know institutions are trying to average down as much as they can, but there isn`t anyone there to buy this company? P/B of only 0.28!! P/B ratio of less than 1 means that the stock is trading at less than its book value, it`s way undervalued! I have a Strong Buy rating for this one, and a price target of $8.10 by the end of May (after the earnings), hopefully they`ll keep the strong growth and reduce the aberrant margins.
VLong
by TopgOptions
Why Laxmi Organics is a strong Short to Medium term BUY NSE:LXCHEM TEN POINTS 1. Laxmi Organic Industries is a specialty chemical manufacturer, focused on two key business segments - Acetyl Intermediates (AI) and Specialty Intermediates (SI)..The company is currently among the largest manufacturers of ethyl acetate in India with a market share of approximately 30% of the Indian ethyl acetate market. Laxmi Organic exports about 25% of the manufactured products. Additionally, it is the only manufacturer of diketene derivatives in India with a market share of approximately 55% of the Indian diketene derivatives market in terms of revenue in FY21 and one of the largest portfolios of diketene products 2. Stock gained 50% in one month only after listing -hitting a high of 628 and reported a significant jump in its net profit to ₹98.68 crore in the quarter ending June as compared to ₹18 crore in the corresponding quarter of the previous fiscal. Its revenue from operations also witnessed a massive jump to ₹689 crore from 354 crore in the year-ago quarter. 3. However massive rainfall in Pune factory forced the company to close one of its factories for some time during the SEP 21 quarter and Net profit tumbled from ~98 cr in SEP 21 to 10.3 cr in SEP 21 qtr. 4. Coupled with profit booking the stock tumbled to 385 levels. 5. After a 3 month consolidation the company seems to be turning around its limitations shown in the previous quarter. 6. On the positive side- India Ratings and Research (Ind-Ra) has upgraded Laxmi Organic Industries Limited’s (LOIL) Long-Term Issuer Rating to ‘IND AA-’ from ‘IND A+’. The Outlook is Stable, the ratings agency quoted 7. Despite 60% decline in SI volumes on qoq basis on account of 45 days shut down at SI Unit (Mahad) which caused heavy loss, Laxmi’s H1FY22 profits were close to FY21 performance led by rapid growth in specialty business and higher spreads in acetyl business during the first quarter and normalised acetyl spreads during the second quarter. There is a strong visibility on SI order book for H2FY22. Laxmi has acquired significant international accounts during Q2FY22, as 24% of SI sales were from exports as against 5% in Q2FY21. 8. Buying at current levels is recommended for a short to medium term target of 500-520 for the short term and 620 for the longer term. 9. Maintain stop loss around 430 10. Risk reward ratio of 1:3
NSE:LXCHEMLong
by amitach
Swing Trading Idea Ashok Leyland 1to 3 monthsSwing Trading Idea Ashok Leyland 1 to 3 months Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:ASHOKLEY
by sbkurandwad77
RIOT BUY/LONG BIG OPPORTUNITY! 15 to 97 by end 2021! TICKER CODE: RIOT Company Name: Riot Blockchain, Inc. Industry: Technology | Software - Application | USA Position Proposed: BUY Technical Analysis 1. Flag Pattern (Forming) 2. Fibonacci Retracement at 0.786 ( Silver Zone) 3. 1st Partial Take Profit will be at Fibonacci Expansion Safe Take Profit, Flagpole Length and somewhere near Key Structure Level (Very likely for price rejection/Pullback) 4. 2nd Partial Take Profit would be somewhere near the Next Key Structure Level (The Market will very likely reach this point before having a major rejection again) Entry: NOW READY (15.00-26.00) - The Market could fall below 26.00 again but very unlikely 1st Partial Take Profit: 97.00 (October - End 2021) 2nd Partial Take Profit: 2.95 (End 2021) 3rd Take Profi: 3.75 (Mid-End 2022) Note that in the Monthly chart timeframe the market is creating a large inverted Head & Shoulders, as such I will still hold some of this stock on hand. Should the market break beyond 145, the next take profit will be at roughly 200-250 price range.
NASDAQ:RIOTLong
by traderprosignals
2
BXRX long scenario 🧙Baudax Bio Inc is a Pharmaceutical company. The company develops and commercialize products for hospital and related acute care settings. Its products are in pipeline which includes two novel neuromuscular blocking agents, or NMBAs, and a related proprietary chemical reversal agent and Dex-IN. If you want more trading ideas like this one ,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
BLong
by yura_trades