HaleyZhao

HaleyZhao

What can you do when the market is potentially turning bearish? A lookout for commodities that mines Gold/Silver/Gems might be a great hedge. KL is one of these hedges that could be done with a specialty in gold mining in Canada and Australia. The earnings and sales are amazing with both over the minimum 25% growth quarter over quarter. Fidelity Contrafund...

HaleyZhao

The Market isn't in the greatest situation to buy so this Long position should be taken with a heap of caution. LGIH Builds Entry Level Single Family Family in 17 States in the United States, single family homes in the United States have experienced an upswing of activity since COVID-19 has begun and at least in the San Francisco Bay Area there is a bidding war. ...

HaleyZhao Updated 

NFLX, Netflix, is a little bit different since the price is already above the buy point by the time this will be published. The better buy point would be 510.92 because there was a nice 8% consolidation around that area. You can't change the price now so we can only look for future buy points. After the run up of 11%, it took a few days to digest the gains and...

HaleyZhao Updated 

Semiconductors are at all times high and Inphi is one of those stand outs. This is the first undercut of the 10WMA since 04/03 and it was at -11% volume, which is great. It means that this stocks just had a short term weakness and has more momentum to the upside since big institutions are not selling yet. What makes this stock great is that earnings and sales...

HaleyZhao Updated 

There has been about a 225% gain since the market bottom to the 5 weeks sideways action on 07/10, which is great action on a stock. During the 5 weeks sideways action there was little volume, which showed that large institutional buyers are not selling and maybe just some mom and pop holders are selling. This makes a great buy at 91.87 assuming the day that it...

HaleyZhao Updated 

Thursday and Friday was a roller coaster ride. If you told me last week we would have two days where we would go down 5% on the NASDAQ I wouldn't believe you but it happened. Overall the price action is not too bad since it only erased 1 week of gains. This means people who have been holding since April or even two weeks ago are doing just fine. The problem is...

HaleyZhao Updated 

Etsy will be added to the S&P500 on September 21st. This puts more eyes on ETSY, a website where mom and pop can sell goods online. History tells us that stocks tend to fall after they are added to the index for the first few days but tend to be up for the next few days after the announcement. As you see on the weekly chart it is a sell signal but there is a...

HaleyZhao

Vital Farms makes eggs and butter and they are nationwide through Wholefoods with is owned by AMZN . They have a 5/5 on Amazon reviews. The stock is looking like it wants to go up even higher depending on the action of the market. There is a resistance at 43.30 and if it breaks past $43.40 on a high volume day it is slated to run up even higher to a profit...

HaleyZhao

VRTX is basing below the 10WMA and that is a big negative. The positive of this is that the volume action below the 10WMA is drying up, which means that there is a quiet consolidation period that is going on. If this consolidation period starts to show price action that shoots above the 10WMA then there is a potential buy. The 1st buy might be at 285.67 with...

HaleyZhao

BYND, Beyond Meat, could have a potential Flat Base breakout next week. On 08/27 there was a potential gap up buy but it closed below the 50DMA, which is a sign of weakness. It is now making another attempt to close above the 50DMA then the 10WMA. If the price holds above the moving averages level and consolidates a bit there is a potential buy next week at...

HaleyZhao

BMY, which is Bristol Myer Squibb Co not to be confused with the grocery store Bristol Farms is an Medical company that manufactures doctor prescribed drugs. This company has not made much movement since the beginning of 2020 from a price perspective but has made quite a splash from a fundamentals perspective. Their earnings the last 3 quarter is 30%, 56%, and...

HaleyZhao

This is not the picture perfect IPO base based on price action but the volume action is lovely. Volume is tapering off with very high initial IPO volume during the first few days. Sales last 3 quarters was 26,26, and 100 that meets the criteria of at least 25% sales but would prefer 100%+ per quarter. Shall see what happens on the breakout day. Would like to...

HaleyZhao

Don't mind the China and the US dispute that is going on? BABA could be an opportunity for you. BABA has been consolidating since 07/17 and has shown low volume within the base. There is also a 3 weeks tight from 07/24-08/07 with low volume, which makes this even more attractive. The buy point would be $268.1 with a 7% stop loss of 249.33. The 20% profit...

HaleyZhao Updated 

Coup has been consolidating since 07/10/2020 but has a 200% run up since the covid bottom. Usually would buy when it breaks out to a new 52 week high but a shake out is needed. Would like to see the 10WMA (10 Week Moving Average) undercut then the price of the stock to keep going from there. Potential early buy at $276 but would wait for a retracement, which...

HaleyZhao Updated 

XP has been consolidating since 06/16 and is a buy at $50, which is a psycological number and the relative high for the past 2 months.

HaleyZhao Updated 

DDOG released earnings and promptly fell 20% for the week shooting 11% below the 10WMA. In the next few month it is headed sideways if not down. Saving grace is that the company has made money in the past 3 quarters.

HaleyZhao Updated 

Amazon has a resistance at 3250 starting from the week of 07/10. If it shoots through $3250 on above 50% volume then it is a potential buy. There is also a buy if it touches the 10WMA (10 Week Moving Average)

HaleyZhao

TDOC, which is a darling in the Covid pandemic has downside ride because of the break of the 10 week moving average. This is highly risky because they are currently in negative cash flow with a yearly estimated EPS of -$1.36/share. If the bull trend continues would not be surprise of a quick recovery in about 3 week by hitting the 40WMA of about $150 then bouncing back.