The general thought is this is the fifth wave of a corrective (Upward trending) sequence. Ideally, $GUSH returns to 91/s as a target w/ again (something I hate) an undefined time range: Play it w/ a position swapping; I advise skipping any additional options contracts you may otherwise have tacked on. Thrive. -BDR
This easily could keep going after a nice run, but it would be the third and final move upward before a corrective sequence reversing some of these gains (per theory at least). Thus far it's a believable long but everyone's attention and the trigger will be ready as ADT opens Monday AM looking to keep going past 10.2; it has tested and failed this benchmark, but...
While $GUSH continues to actively fail its previous trade channel, this again represents a solid LONG to 91. This could simply be a "completion of the square" w/in its previous 5-wave ascending channel. It is hopefully just that: Profit Yield still hovers near 20-25% ROI on the position swapping (a long play on $GUSH). BLOOD OR OIL
NIO has apparently reached a relative-low...and trough in a 3-part corrective wave. The dip is a nice spot to buy, and NIO should ascend to 60-plus/share eventually -- the WHEN on that remains UNDEFINED. The stock has been fairly volatile, but those seeking a 1-plus year hold are in a good spot to load up. There seems to be strong support at these previous...
Long puts on $LBRT. Corrective impulse is not finished: Strong resistance @ 10+; LONG PUTS: stop-loss @ 12.5 or even 12.3; expecting a massive trace-down that could see LBRT sub-8, or sub-7, by the conclusion of the second quarter. This is not trading advice, but it is purely speculation on the long-term behavior of LBRT. This is a much-revisited stock for this...
$SPY fell 0.49 percent on the day. It has been testing new highs all of the calendar year. At this point, we could see a reversal to put $SPY under 400. The target would be a bit lower than that, but it really retains a lot of support circa 400; only should that fail should the "Whole number marker" -- as a support area, be discarded. That said, a short position...
Tesla has been riding the market down: Where is its trough? Two potential previous lows and consideration points are highlighted; this MAY BE headed much further down - 67% of the position was pulled this morning, expecting a dip to the marked target points (circa 599 and 379). EVEN TSLA DOWN? May the odds be forever in your favor!!! -BDR
$KMPH has very weak support and could retrace much lower regions in near completion of a head and shoulders formation. All signs are grossly bearish, including many large-scale sell orders having been placed in the last five days. The bigger investors have pulled the rug-- Target new entries much lower on this position if possible. Best, BDR
Sun Power has had a rough go w/ the overall market struggling, but it should be close to reaching a strong support point with previous lows looming. The maroon-circled region represents an area of excellent entry, with the trace down further being somewhat dubious. Patience can be exercised here a little. The corrective wave is happening, but we cannot rule out a...
Gold has dipped into a buy zone for a nice long now. With the overall volatility of the market and overall uncertainty on the role of most investors, it is time for Au. LONG Gold. This lacks in terms of analytical depth but the low on the chart is overt enough to speak for itself. Now is a good time to enter. -BDR
The entire corporate cannibus industry has really crapped the bed, along with most other sectors, over the last two-wks. Those with long puts could have already successfully taken profit, as it could find support at the bottom of the highlighted (maroon) target range. Those with puts should be plenty green, but there likely will be some support near the bottom...
$SPY has been pulling back consecutive days and we referenced the gap-ridden ascent in previous TV ideas. This is a great time to watch for buy zones: TSLA, among many others, are now sitting in great positions for long plays. The S&P is seemingly due to retrace lower regions though, so as of now: This trader's $ is fully parked. It has been since the short...
Extending the current support of a very moonish channel, we are setting a new goal on FCEL @ 33.5 per share. It has met a lot of resistance climbing 24. This 33.5 target we want to be realized by about FEB 17 to FEB 19. Albeit, with VIX having been so high, this is a ranging guess. It is the best we have for this moment, even so-- the adherence to the outlined...
$FCEL has sideways corrected, but it has been up 7 of the last 10 trading days, establishing a daily high last week 24.5-7. This handle is taking longer to break, which is overall ACTUALLY VERY GOOD: The move upwards will be ready when it is; and to that point - Precise timing is nearly impossible w/ VIX as it is right now. Some might be losing patience here,...
Bullish flag seen; upward trend: Previous high at 24.5 to be recaptured...WHEN? $FCEL is up 3+% on the day. It remains to be seen if it can return to the high it had last week 24.5-24.7 range. -BDR See attached idea Re: A moonish channel that was *not* realized. We wind up again.
$SLV is mooning due to a Wall st bets pump : Good grab for the day. No analysis needed for the tip from the internet-retail trading gangstas. -BDR
The 24.5 target was initially reached a little bit ago but there's been a bit of pullback since. The long is going to be adjusted to a new, longer, target - and soon. We'll go into that more when the market closes today. There is very strong support at the top of the channel's resistance which has us thinking the long can be significantly longer. To that point, a...
Fuelcell is rising high in Wed.'s early trading, with the 24.5 immediate take-profit point still looking at least somewhat CONSERVATIVE: $FCEL may be readjusted with some later secondary sell-points in the near future. Keep an eye today. Any pullback near 20/s indicates a pretty good point to take a bigger entry, but it may not retrace those regions to be clear. --BDR