FCEL has some more in the tank with government money flowing in for the company...BUT may revert to the mean
BYND looks good and may have some new structures forming but picking up readings on momentum and oscillator look promising...earnings and possibly a triple top will make it more lucrative $133-$134 in a few days
KNDI vs NKLA on a recent correlation with KNDI linear regression on the upward and NKLA on the downward. NKLA impulse wave not as much entropy while regression to the mean; will KNDI regress to the mean?
KNDI has some legal issues for shareholders BUT solely based on technicals a decent 60fib with a possible revert to mean after avoiding head and shoulders pattern; its price point is interesting for EV market will wait to see if another US company is a direct competitor on NYSDQ.
PLNT flagging and not retesting highs with a loss of momentum - bearish signal- and it could be a good time to take some money off the table now with a bearish triangle, currently price pressure to set in at $28.50 - momentum and volume may go lower in few days.
based on the technicals FRSX breaks an Elliot wave correction pattern to a major upside and is rare, weird today did not make the volume oscillator have a more positive slope...Entry was missed but interesting.
PLUG and FCEL making waves but the ebb and flow of the market needs to look at Fundamentals and pick winners and losers...STILL, an impressive YTD return for both stocks in the fuel cell sector and may need to correlate with other stocks in the sector.
INTEQ may have a 50 fib play in a few days if it passes $0.67 price pressure it may have legs if MACD gets a green light and picks back entropy for this penny stock AND stochastic still has some room to go down before the next impulse wave for INTEQ...Volatility generate some momentum in risky stocks with a market rotation BUT speculative.
Surprised by ROKU, a streaming device crushing during COVID, its earnings seem to have a low-bar to jump, making it an interesting stock to put on your list...Not sure about ROKU sales? BUT it has been crushing since after it destroyed its most recent earnings...Maybe a good risk-off strategy; YET, currently, it is crazy expensive and could not be based on...
NIO has got some more momentum in the tank, and will it carry the correlation with EVs being the market's next big thing, while Wall St will want to see how it controls Long Run Average Costs to meet output levels to create a market (low-end to high-end EV) for the consumers...NIO is a direct competitor with TSLA while other EVs may have a different price-point,...
ARKK is a great stock but may find some headwinds AND looks overbought...still long overall BUT may need to find a better entry during the end-of-the-year rotation would wait a couple of days to let the momentum finally lose its entropy while profit-taking also will come into play...
KMB looks like it may have some upside momentum after dividend and possible momentum reversal in MACD AND Stochastic looking like cyclical stocks had some momentum BUT not beating earnings did make a new parallel channel...will this paper company have enough momentum from cyclicals to see this stock move before next earnings?
Time to rebalance your stocks while a heavy rotation coming around NEW YEAR! TSLA entering a vat of money - SP500- which will help guide the velocity of money into TSLA. The hedge funds will be assessing their expense ratios for the YTD. Still, SP 500 has a few more days to run but momentum is slowing down a modicum.
Well, I want to ride the BITCOIN train sooner than later BUT I may have missed an entry; however, with the velocity of money coming from the big bois, will they hold or take some off the table... Linear regression says SELL at the current price point...
I would play it weekly with the highs from PTON think it may have price pressure currently, but it will be a great buy if you have the patience...Neutral for now, but I think it is a great COVID play that may rotate out depending on Operation Warp Speed....ZM is also a stock that one needs to consider while the rollout happens in the next few months...