JustinLev

JustinLev

With great earnings report, GDDY came under my radar. E-commerce, online presence will grow exponentially in the coming years. Added over 1 million customers this year. While this growth is not sustainable, many businesses will continue to pivot online. Being at the lower channel at the upward trend channel, it's at a good entry point.

JustinLev

With the worst case senecio out of the way, markets are itching to move up. MA recovered quickly from the COVID crash and is now at a good point of entry for swing traders. Side note, MA made no layoffs during COVID and has been up over 1000% during Ajay Banga's time. Outperforming Visa and American Express.

JustinLev

With the worst case scenario out of the picture, markets have bounced and now even breaking out of channels. IBM did not have the best earnings report but by entering with cloud and possibly more government contracts with a Biden presidency, this stock will do well. Insider buying last week. Long. Keep an eye on RSI and MACD. Stop Loss: 112 Take some profit:...

JustinLev

After plunging almost 20%, Twitter is now at a good entry point. With section 230 drama and a Biden presidency, social media platforms have a lot less to worry about. This is the best and fastest news platform. If twitter figures out how to monetize more efficiently, this company will do very well. Key price 45 for this week. RSI levels are bouncing back up. Long.

JustinLev

Square rallied over 150% in one year. COVID-19 is a good ecosystem for companies that offer seamless transition online. Jack is also committed to the future of cryptocurrency and recently allocated $50 Million of Squares assets in Bitcoin. Unfortunately the election and strong technicals are about to break this 6 month uptrend channel. I expect it to rally up till...

JustinLev

Futures were all red from Sunday evening leading to over a 2% loss across all major indexes. COVID-19 cases are reaching a new all time high, new lockdowns are being enforced worldwide, the stimulus deal has still not been passed and finally elections are next week. All of this is a perfect recipe for high uncertainty. The VIX reached new session highs on Monday...

JustinLev

Snap had the most epic run up last week surpassing 40%. They reported an increase of 18% in active users from a year ago and a 12% decrease in net losses. While all fun it is now time time to scale out because of the earning reports this week. Social media giants including Facebook, Twitter and Pinterest are all anticipating a growth in active user engagement...

JustinLev

Two main indications that Amazon has reached its peak for this quarter, the MACD is still trending downwards and the RSI is close to being oversold. Many people also speculate that Prime day was not a success. Earnings report will make it clear for everyone this week.

JustinLev

While Apple is primed to break out of its most recent downtrend, it won't go much high from here. With elections looming next week and this week being packed with over 100 earning events, it will be overshadowed. Apple won't even be releasing the iPhone sales this week. Good Luck.

JustinLev

Last week SNAP soared over 40% after reporting active user growth up 18% from a year ago and the net loss fell approximately 12%. After seeing those numbers investors are anticipating a good rally for other social media platforms including Facebook, Twitter and Pinterest. Expect to see an all time high before elections week. I also expect at least a 10% pullback...

JustinLev

Zoom broke from its more than 3 month uptrend support line and is now looking looking to stay above $500. If it goes below $505 this rocket ship is going to go down even further down 10%. If not, this will hover between $500 to $550 till the election madness is over. RSI also broke from its recent uptrend and the MACD lines need to cross in order for ZM to change...