Hello traders, speculators, and investors, Let's talk about UTME. It is finally out of an extended bear cycle that has lasted since June 17th where it declined about 60 dollars from the open and started a massive bear trend. Daily levels of resistance and support are on the chart. Can UTME make it back towards 100? Possibly but unlikely in the short run. However...
If you look at my last post on UPC way back in April then you will see that I said UPC appeared to be accumulating for a sustained move up. It was a bearish phase for a bull break out. This is still my thesis and I believe prior levels are still in play. I believe that UPC will retest all time high levels and that this stock will be trading in the lower single...
Hey traders, investors, and speculators, What's next for BB? That is the question. It seems that BB is filled with questions. Is it a meme stock (or stonk)? Is it driven by hype, market makers, and/or the beginning of an incredible turnaround story under John Chen? Is it going to be going back to the hundreds or drop back into the single digits and if so when...
Hello Investing Neighbors, Just a follow up to yesterdays (April 6, 21) post. It looks clear to me that a bullish ABCD pattern is setting up on UPC. UPC has little upside outside of that massive squeeze on the 29th of March. It has now retested lower levels and consolidated sideways over a few days and over the timeframes in the other charts. Worth a watch. For...
So let's review $UPC, the Chinese Universe Pharmaceuticals Company that is a recent debut on the NYSE. Normally I wouldn't be interested in a small cap that is so new but UPC is kind of intriguing. UPC sells predominantly herbal and traditional medicines in China and is geared towards middle age and older consumers. Its expanse to the be the first of its kind in...
Hey investing neighbors, Let us take a look at FCEL and figure out if now is a good time to bail, invest, speculate, or hedge current positions. Over the last several days FCEL has tested prior support levels all the way down to the 11.30s on the weekly time frame and tested upward resistance at about 15.58. That is one heck of a swing! For long term investors,...
The New Blackberry. Some due diligence. Warren Buffet says that "it's not timing the market but time in the market that makes all the difference." Of course that's probably easier for Buffet that's worth 97.6 billion than the average traders, investors, and speculators that have a slightly less robust account to work with. How should one look at Blackberry that...
FCEL has had several days of bleeding that seems to have coincided with disappointing Q1 results and a fall on the Nasdaq and a brief rotation out of tech. On a positive note FCEL stopped its fall and is now trying to retrace to prior support at 14.93. The 14.52 price at 12:35 gives both bears and bulls an important psychological inflection point. Bears will want...
Hello BB enthusiast and investors, After several days of the Nasdaq tanking, BB has held it's own. Buyers keep stepping up and buying despite what had been overall net negative sales. Price currently seems to be holding on the low end of that low end of 11.06 support and currently is sitting at 11.07 on the one minute as of 11:50 on Friday March 19, 2021. Those...
$MOGO is approaching earnings and though it is possible that it could drop, the daily chart is looking great. Price target on chart. For educational and entertainment purposes only. Not financial advice.
Well friends we've been wondering if Fuel Cell FCEL is net bullish or bearish over the last few weeks. Cases can be made for both positions. So it certainly isn't a boring stock! Disappointing earnings caught investors by surprise and a nasty short term bear trend ensued after the recent bear run from FCEL's 2021 all time highs. First the good news. For long...
Blackberry NYSE:BB has kept support in the 11-12 dollar range and is currently pre-market testing the prior support levels at 11.06 as of 8 AM on March 17. Short-term bullish longs may want to enter long for a bounce back to the 12.26 mark and keeping in mind that 11.06 is downward support. Note that the past two daily candles (March 15 & 16) were with a great...
Hello fellow Blackberry enthusiast. We've had two false breakouts with Blackberry and the question is this the third with the new Blackberry really a long term breakout back to all time highs under Chen or just a nice bounce. Time and market conditions will tell. The daily charts have had a wicked battle between longs and shorts that have supported the thesis that...
This is my first published chart and feedback is welcome. Blackberry $BB is a Canadian company that has transitioned in the last few years under John Chen to become an Internet of Things, Automotive, and Security company and away from a phone company. Blackberry does retain patents and the name of the phone. The stock had a milestone of new highs in 2021 under...