$BABA buying the dip*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been following Alibaba for the past few months. We originally entered $BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 $BABA now sits at just $21.22 per share. $BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.
Today my team has placed our 3rd buy order on $BABA at $210 per share.
We're long.
FIRST ENTRY: $207
2ND ENTRY: $220
3RD ENTRY: $210
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us @SimplyShowMeTheMoney
TECH
$TARA lets go whale hunting*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Early this morning 2 of my teams 20 holdings hit their set stop losses. The entire market practically wet the bed this morning but this small dip is nothing new to us, we have seen far worst before. $BABA and $GORO were the tickers that disappointed us this morning. We set stop losses for good reason and normally move on once they are reached. My team believes that $BABA and $GORO are still good holdings, but we're not looking at new entries for the near future.
Like many of you have probably already guessed, my team does not disclose all of our holdings on trading view. Some of these disclosed holdings are what we @SimplyShowMeTheMoney refer to as platinum grade picks. Regardless we're generous people, and want to share with you one of our big dogs...
Today my team is introducing biotech company $TARA (Artara Therapeutics). $TARA is committed to advancing transformative therapies for people with rare and specialty diseases (such as cancer).
Earnings are expected on 7/30/21. My team expects little good news for lift off thanks to the massive sell off that $TARA has experienced.
My team entered $TARA on 7/6/21 at $8.70 per share.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Time to Finally Sell NVDA?After a beautiful runup past all time highs weeks ago, NVDA has found itself in a similar position as the Nasdaq by hitting and getting rejected at the first fibonacci extension level.
I closed my long in this last week as I saw this level approaching and now it appears that a legit pullback may be coming into reality.
So I am bearish.. or am I?
Truth be told Nvidia is one of my favorite stocks, so I am aggressively watching for lower levels of re-entry and have been anticipating doing so for weeks now even as it ran up in price. I intend to load up and so I will be watching this closely over the coming days and weeks.
The best case scenario short term for Nvidia is that bulls can bullishly engulf and break above the key fib level and hold it as support on the weekly.
Until then, shorts or put options seem the most attractive bet in the immediate short term.
Is $AAPL headed to $150?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
My team and I have always had a love affair with Apple ($AAPL) and their operations. It has recently been correcting on the charts from a $150 price point, and based on the the company's performance last week, we believe Apple has broken any bearish pattern that may have been apparent on the charts.
Apple is a notorious company with a brand equity that is currently unmatched in the electronics industry. Holding this company makes sense in any portfolio, this tech giant has showed time and time again it is the clear standard in consumer electronics sector. They have hold of a very large market by having a variety of products, these products all having some level of interconnectivity to one another. This interconnectivity has created a level of dependence for their consumers, meaning consumers do not want to buy non-Apple products simply because they already own many different Apple products. They are also able to sell older models of their devices at a discounted price, further increasing their market capitalization.
Regardless if you are chasing Apple to the $150 price point, securing yourself a good long entry for a long-term hold, or just riding Apple up on this bull run, buying at this price point certainly appears to be a good idea. Our price points are as follows:
ENTRY: $127
STOP LOSS: $120
TAKE PROFIT 1: $140
TAKE PROFIT 2: $145
TAKE PROFIT 3: $150
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.
$AAPL @ crucial price point*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
Apple ($AAPL) has caught fire in the past month, flying up a hot 18%. I've been following this tech giant since early June, and have been loving its activity in the last month. They are currently at a very crucial resistance point, a point set when a short term downtrend started in January of this year. Amazon ($AMZN) recently broke through a resistance; it appears that big tech might be seeing large growth across the board. Regardless if Amazon's breakout has any correlation to Apple's current price action, $AAPL appears to be reaching for the skies.
Updated price points for this trade is as follows:
ORIGINAL ENTRY: $127
STOP LOSS: $127
TAKE PROFIT 1: $160
Be sure to follow me @bigshotrob for future updates and posts.
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.
Time to Add Onto ARKK Position?ARKK appears to have regained bullish strength after rallying above a strong level of resistance now flipped into support. And looks to be currently consolidating on-top of it. All of these are very bullish signs.
Keep an eye on the start of the new week as ARKK has already confirmed a full body candle close above the key weekly support level. How it starts out of the gate this week will be key. If it begins Tuesday in the green, a quick 6-7% pump could happen to retest the upper resistance at around 134.75 - 137.35 approximately.
A long seems safe right now but it will be worth monitoring as the daily RSI is nothing to brag about currently. Tight stop loss at 127.67 would be wise.
$BOXL learning tech company analysis *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This weekend my team dived into tech company $BOXL to see whether or not it deserves a spot among our other premium stock portfolio holdings. $BOXL focuses on the education and learning industry to which they offer services that enable teachers to successfully enhance student performance.
After correcting from its 52-week high of $4.65 $BOXL now sits at just $2.59 per share. My team is proceeding with caution. We still have yet to enter, but we like $BOXL a lot.
We will be placing a buy limit at $2.30 Monday morning 6/28/21.
There is possibility that we may miss out if $BOXL decides to take off from current price levels...but with ample money making opportunities in the market my team still eats either way.
BUY LIMIT: $2.30
TAKE PROFIT: $4.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
This is the most unrated SPACFirst off let's start off with the inevitable part, the world population is only increasing and as the world becomes modern it will only put more stress on and already broken supply chain. It's no secret that the pandemic put how unstable the global supply chain is on display. With all this demand we need a new way of growing food to support it, that is where Aerofarms steps in.
Aerofarms is creating a ground breaking way to feed our constantly modernizing population and the best thing is these are not just ideas or dreams trying to sold in another SPAC deal. This is a real company with real revenue, about $4 million projected for 2021. Now I know that nothing crazy but with a TAM of 1.9 trillion and a substantial lead ahead of any competitors in the vertical farming field with patents, trade secrets, and partnerships.
They have increased their presence in 200 stores by over 500% in Whole Foods, ShopRite, Baldor, amazonfresh, and freshdirect. Aerofarms meets the challenges of its sector head on with 59% more efficient lighting, automation integration, data science, product diversification, capital access.
They are moving into berries and other crops with a seed library with over 500 entries along with their data science fueling their algos put in action by the bots. Their merger with Spring Valley (SV) will give them $347,000,000 which they will use to super charge their growth and cement their position as a leader in the industry.
I have several sets of PTs 3 month, 6 month, 1 year, 3 year
Month: Bullish Neutral Bearish Yolo
3 Month 15-18 15 13 20
6 month 18-19 16 15 25
1 year 20-23 18 16 28
3 year 25-27 20 17 35
$TSLA on the road back to $900?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
My team and I undoubtedly agree that Tesla ($TSLA) has incredible potential and upside, both short and long term. Having someone as renowned as Elon Musk at the helm of operations adds a sort of "social equity." At its founding, Tesla took a large risk by attempting to cultivate and advance the electric vehicle scene. The company has ramped up operations in recent years, and appears to be ahead of its competitors in the electric vehicle space. This paired now with its current operations in the solar energy/energy alternative industry, Tesla is attempting to shift the market's normal consumer demands. These shifts are presently altering some trends that have been apparent for over one hundred years; i.e. the gas/oil automobile industry, as well as thermal energy powering many residential and commercial buildings in the United States.
Tesla has been going through a correction from a $900 price point hit earlier this January. Based on its chart, it appears that there is a support level at $550. Past that, there doesn't appear to be much structure on the charts, simply due to Tesla's huge run from $70 since March 2020 has not allowed for a clear trend and/or structure to emerge due to its huge value increase. The only trend that appears at Tesla's current price level is a bullish trend started in the middle of this past May. Tesla is at a resistance point on the charts currently, it has pushed to a $700 price point, and has bounced off of this resistance level 3 times. Regardless of this resistance, Tesla has clear bullish sentiment, and could break through this $700 price point in the next few weeks. Through its current pattern, this company has potential to hit a $1,000 price point. This price point will not be reached anytime soon, but the company could see itself in the $800-$900 per share price range before the end of 2021.
At its current price point under $700 per share, we believe this stock is undervalued. This price point could be a "golden-egg" entry for people wanting to hold Tesla for years to come. Whether attempting to hold $TSLA for the long, or wanting to turn some profit in the short, seeking an entry in $TSLA in its current state appears to make sense.
MY ENTRY: $610
STOP LOSS: $575
TAKE PROFIT 1: $775
TAKE PROFIT 2: $900
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.
AFRM Long - Affirm Holdings, Inc. - The Triple Affirmed PlayAFRM Long - Affirm Holdings, Inc. - The Triple Affirmed Play (Flow, Dark pool, and Capital Inflows into Tech)
This long biased thesis is based on the following factors:
An aggressive series of short term bullish call option flow totaling $413.5k with a strike price of $70 coming in within the last 20mins of the day (July 1st) that exceeded Open Interest.
Approximately $20M in dark pool activity placed at key levels mid day. Although we do not know the nature of this we were able to see it act as respected levels through out the day and are currently trading above these levels. Also one of the dark pool prints came in at a respected fib level, further showing consistency with price action. Continued upside price action will further increased the probability that these trades were a buy.
Price action has been consolidating for around two months and is primed for a move, making the timing of the the options flow orders and dark pool activity that much more relevant to an upward move.
Bank of America Flow Show report released today (July 1st) showed an inflow of $1.1bn into the tech sector.
Bank of America comments came out with AFRM as a high conviction short-term recommendation.
Possible Threats:
The $212.62 fib defined level may show support where price action may struggle or bounce from.
Price has been rallying for the last two months and a half and a double top pattern had formed mid June, but continued price action may have already shown the pattern to have met its price potential.
Short term tactical sentiment for the tech sector is coming to an overheated area and a bearish downtrend may soon show up to push tech stocks, in general, downward.
That nature of the large dark pool trades are unknown and can only be inferred.
The July 1st dark pool levels are being used to define the following trade parameters:
Short Entry: price levels above, but in close proximity of the $68.27 (dark pool print)
Stop Loss: The invalidation of the ascending channel support line (conservative) or the break of lower dark pool level of $67.75 (aggressive)
Possible Targets:
$72.81 (currently) - Anchored VWAP (from all time high)
$79.30 - A support / resistance level that has been respected by prior price action
$85 - A fib level that may coincide with a ascending channel resistance line
$96.80 - The 50% retracement fib level from all time highs to all time lows
Other targets can be based on the fib levels show in the chart or by drawing support lines
This thesis/idea is just my opinion based on the information discussed within. None of it should be looked as a recommendation or as financial advice.
AFRM Daily Chart
VEON 52 Week Highs But Long Way To GoVEON finally popped its head over that pestering resistance level that it failed to break for months. Now the real fun begins (so to speak). It's back in this no-man's land that it hasn't traded in for some time. What I'm watching is to see if the resistance level finally becomes a new support. Then the tall task: filling and breaking back through that old gap.
"Veon Ltd (NASDAQ: VEON), for example, provides connectivity and internet services. In Pakistan, its operating company, Jazz, recently secured a roughly $320 million syndicated credit facility from a banking consortium led by Habib Bank Limited. This facility will finance the company’s ongoing 4G network rollouts and technology upgrades, among other things."
Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
$AMD my team continues to win*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: Steadily increasing semiconductor demand due to current shortage will leave $AMD with fat profits during the next few market quarters. After correcting from its all time high of $99.23 $AMD now sits at $93.93 per share.
My team entered into $AMD on 6/10/21 at $81.10 per share. We averaged up on our positions at $81.64 on 6/21/21.
We trimmed our positions before close to secure profits at $93.93 per share due to our first take profit being hit.
Congrats to those who took this trade with us.
ORIGINAL ENTRY: $81.10
AVERAGED UP AT: $81.64
TRIMMED AT: $93.93
2ND TAKE PROFIT: $111.00
STOP LOSS: $76.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$AMD bullish again? Here's the analysis.Hello everyone,
AMD has been an outperformer since it tested the 73 support multiple time earlier this year. It broke out of a 6 months long downtrend line in 2020 November and is currently backtesting it (thick yellow line). This may indicate the strong hyper momentum semiconductor stock is ready for another powerful rally.
Disclaimer: I personally hold AMD shares so this analysis is biased toward the bull side.
Pros:
- Downtrend line broken and currently holding the ratest
- Lightning bolts price action, a classic bull flag that points toward 89-91 areas.
- Tech and growth being in favor again with the easing of inflation fear.
- Trading lower than my valuation of 96 - 110, note that this valuation is subjective and priced in with a high PE ratio.
Cons:
- R/R ratio for the trade right now is not favorable to the bull until it clears 89 - 94 resistance
- Slight bearish divergence on the RSI
- Change in monetary policy could have a negative impact on tech stocks again.
- Market breadth across shows bearish signs as not most stocks are above 50EMA
Summary: Technicals of AMD are favoring the bulls and stock outperformance has not changed for the short term.
For holders: Monitor price action around 89 - 94 resistance, you should up your expectation with recent technicals
For non-holders: Buy around 81 - 83 as the previous resistance areas are likely becoming support.
$LCTX biotech company analysis *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been following clinical-stage biotech company $LCTX for the past few months. $LCTX pipeline looks very promising. We believe that current price levels are undermining the companies potential. We entered $LCTX on 5/14/21 at $2.23 per share and have been holding ever since. Following its correction from its 52-week high of $3.13 $LCTX now sits at $2.80 per share.
My team averaged up on our $LCTX position this morning at $2.70 per share and intend to take profit at $4.20.
ORIGINAL ENTRY: $2.23
AVERAGING UP AT: $2.70
TAKE PROFIT: $4.20
STOP PROFIT LOSS: $2.50
If you want to see more, please like and follow us @SimplyShowMeTheMoney
sleeping giant $BABA is about to wake *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been following Alibaba for the past few months. We originally entered $BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 $BABA now sits at just $214.22 per share. $BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.
Today my team has placed a buy order on $BABA at $220. We believe that if $BABA reaches $220 it will continue to push forward and have a short-term rally up to around $238 which was our original target. If price reaches $238 we will trim and wait for another opportunity to average up before $BABA pushes to our first take profit at $265.
If you fail to plan...you plan to fail.
We're long.
FIRST ENTRY: $207
BUY ORDER: $220
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us @SimplyShowMeTheMoney
NVDA spicy chipsAbout to cool down with some ranch (4/1 split). Does everyone remember what happened to APPLE stock and historically what happens immediately following a split...? It wont be until July 20 so we have some more room to run....
Waiting for a sell here..
Trade smart! If you like these charts message me and drop a like!
we know value when we see it $GPX *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: $GPX provides training, e-learning solutions, management consulting, and engineer services to the following companies: Automotive, financial services, insurance , steel, oil , gas, power, chemicals, electronics, education, software, healthcare, retail, food and beverage industries, as well as government agencies. A large portion of the industries that $GPX provides services for are currently on the rise. $GPX has been handling their financials spectacularly and have paved a way for a bright future if their operations continue to run smoothly.
My team originally entered $GPX on 6/15/21 at $16.09 per share, but we were taken out of the trade after it hit our stop loss at $15.25. This resulted in a -5.2% loss on $GPX.
We still believe in $GPX. If $GPX was undervalued at $16.09 then that makes it extremely undervalued at $14.52 per share. We're re-entering again today looking for a +37% increase up to our take profit at $20.00
ENTRY: $14.52
TAKE PROFIT: $20.00
STOP LOSS: $14.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney