Triangle area lends confirmation consolidation may be short: Bull run likely follows. Current entry point pretty solid, too. Will likely surpass annual high w/ target just over 11/s; high upside could be higher still. Just a Short but sweet touch on Sun Power. Happy Trading/Investing!! -BDR
The three periods of consolidation have been outlined and $FCEL appears to be entering the fourth wave. Note the general upward trend of the first three. This one could be the one that leads to its massive breakout. This current period of consolidation could be the longest-lasting, requiring a tiny bit of patience, but due to that, it also could be the big boy...
"The Stone Age did not end for lack of stone. And the oil age will end LONG BEFORE (emphasis added) the world runs out of oil." - - James Canton While Tesla has made seemingly absurd gains (nearly +500% on the year) during a very tough time for the market, it harkens to the James Canton quote above. Many investors are VERY VERY long on Tesla, because of the fact...
Halliburton has been a pet stock for this trader since entering during its 2020 low around 5 per share. The correction since has been great: But it has also STALLED. $HAL spiked to 16/bar and the anticipation of a re-test of that mark has been utterly defeated by the inability of $USOIL Unable itself to really crumble the 40/bar mark. It has tested and failed that...
With the natural energy sector booming, $SPWR has made a great play thus far. Entering on Monday, it has gained since and looks to still be in for a strong corrective wave. The ultimate potential of this is not fully clear. However, thus far, the entire sector has had a tremendous past month. It is a well-proven company trading much lower than it once did, but...
Though I entered FCEL Positions on Monday, I stayed quiet for a little bit about it. The consolidation led to the thought a BULL RUN was coming, and the past two-weeks really have been just that. The entire natural energy sector has had a great overall past month, rallying on days the S&P is down - and even on days the NASDAQ itself does. FCEL is a crazy...
This is no overly abundant endorsement of either bullish or bearish indications from NASDAQ fire-tech-stock Telsa. In fact, my gut instinct from the last time I tried a short (while trading at roughly 1050 per share) resulted in the stock rallying and burning the re-position for a loss. That, since, has signaled $TSLA as something this beginning investor loves...
While Nikola was all the rage following its 600%+ daily increase a bit ago, halting on pulling that buy trigger was prudent (Though I did not). The Nikola website is impressive in design: It even features the vehicles that are NOWHERE NEAR being produced. It looks "Sweet" really. Then: Take a look at the HIRING section. This company has existed since 2015, and so...
This has been a tough freefall to plummet. Market high was over 80. Will it stop bleeding before the 1/2-point at 40? Or is this really going the whole hellaciously way down? It's tough to call. While $TSLA rallies absurd new highs, its progeny stock (if one can even call it that!) is struggling badly to stay above the water line. $NKLA is not $TSLA! Or close.
As temporary and confusing as $HAL spike 16+ was, with oil now firmly over 40/bar again the time for drilling in mass quantities is nigh. With European and other int'l re-openings progressing past further stages than domestic markers, oil is primed to make a run -- as will Halliburton. It reports earnings later this month, as well, and given there have been a few...
With Elon Musk's brainchild $TSLA flashing premarket indicators of 1222+, this will trigger two waves: 1) Take-Profit Crowd (SELLOFFS). 2) FOMO Crowd (adds to current position or opts in now) Which wins the battle at this now massively high and precarious resistance mark is anyone's guess, but the volatile and steady bullish nature of this stock has nearly...
Halliburton showed strong signs of a breakout when it spiked over 16/share. It turned out be a "pump fake" by $HAL and the entire $USOIL industry. Terrible news regarding a "Second" (See: actual first!) spike of the COVID-19 pandemic has stalled further reopnings in many states, and the US overall reported a record number of cases yesterday and in through today....
Halliburton ($HAL) suffered, nearly bleeding out to the under 12/s mark-- weakest close was @ 12.25 per share. It is now over 13, and it will re-test the 16-point of resistance around the end of this month (June). Expect by July 4th the typical spike in gas prices, with $HAL gearing up to provide the first-steps of that recovery boon. 16 per share is entirely...
As $USOIL has begun to make small gains throughout the first-half of Friday's trading session, $HAL appears to be stopping the bleeding and free-for-all towards 12 per share. It opened today at 12.25 but has since increased about .47/share and appears to have found its trough before hitting an even 12.00. There is no assurance with the volatility of the oil...
Nikola ($NKLA) is an appropriately named stock: It may also be a "Tesla without the car," as the big up-and-coming producer of lithium ion battery technology. It increased 106 percent yesterday and is making more modest gains today during a bad-run for the market overall. It is still climbing but leaving something of a sell window open on this popular stock before...
Tesla has been continuing to increase, but as usual when the popular tech stock spikes, there is little to no consensus to be found both regarding its immediately future and its status as a blue chip investment. While clearly Elon Musk's brainchild has become a major force in the industry...which industry that actually is, exactly, is somewhat unclear. Musk has...
After a quick spike over 16/s, Halliburton has sunk all week and may dip even below 14/s if this current trend continues to accelerate. Many chose to dump after the rapid ascent to 16, and that sell-point makes plenty of sense as a short term play (especially now!). However, the original hope for a 22/s sell-point was projected not until the Christmas to early...
$USOIL Began the day plummeting, but $HAL has rebounded and is now showing signs of establishing a bull-gain following a trough in the 15.1 to 15.3 region. Nothing is new here. This remains a LT swing-trade @ the sell mark of 22-23. A decent sell window has opened with oil itself treading down, but there is little meaning to this due to the overall market -- The...