Cardano about to make a move soon. If you're looking to ride this one, we like setting a stop loss here around 1.09 and riding this one up. Watching closesly to see if this one stays within our channel. Feel free to give us a follow and shoot us a like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a...
Been a while since since our last in depth BTC analysis so lets refresh and see where we're at today. Fundamental Analysis: BTC has been on an absolute rampage since reaching lows last March. Since just last October alone in 2020, BTC soared over 400% reaching a new all time high just over $58,000 USD in February. We have the Fed, Institutional buying, ETF's,...
Amazon has been trading been trading and consolidating within the same range since Fall 2020. It appears to be gearing up for a move soon and earnings expected to be released February 2nd 2021. Based off what we believe is going to be another great quarter for the company combined with a continuation pennant indicator, we're still bullish here. Any breakdown of...
It's been an absolutely wild week for everyone in the finance game this week. Let's see how the volatility continues. We're checking back in with our $AAL charts. Looking back to our previous charts, you'll see we have been accumulating AAL between $11.50-$14.00 for a while now. We took a swing position and exited this one around $18.00 stop-loss. We hopped back...
So if you've been paying to the news/social media for the past few days you may have come across GameStop. That's right, GameStop is trending $GME, and the reason it's trending is even better. Gamestop has been hurting for a while now, and the pandemic has done nothing but crush their brick and mortar stores. GameStop is getting the same treatment from online...
Great Day for BYND holders as BYND just announced a partnership with PepsiCo under an joint venture called PLANeT Partnership. Time will tell exactly how much of a market they can gain with their products so price moves like these can be attributed to shorts covering their positions as well the positive news. TA: If you check out our previous charts, we've been...
ETH has recently broken its all time high as Bitcoin has taken a breather since reaching its own new all time high. Just as Bitcoin has retraced, ETH has now dipped around 14% as sellers are taking some profits. Bullish scenario is still in play unless a new major changes take place. We recently sold off to secure some profits and are awaiting new re-entry...
We've been following Ehang since before its IPO. Back in 2016 it became the world's first AAV capable of carrying passengers. Still a long way to go, but on May 27, 2020, EHang obtained the world's first commercial pilot operation approval from the Civil Aviation Administration of China (“CAAC”) to use its EHang 216 passenger-grade AAVs for air logistics purpose....
The United States printed more money in the month of June 2020 than it has in the previous 200 years after its founding combined. The fed has been making asset purchases at a steady rate of about $120 billion per month. The value of the USD has been on a steady decline since mid March, and the markets have been on an absolute upward tear. It's almost dangerous at...
If you check back in with our previous charts, you'll see we have been accumulating AAL between $11.50-$14.00 for a while now. The airlines are still patiently waiting for additional aid from Congress which will be a huge move up for the whole sector. While there has been support on both sides for further stimulus, there's still certain disagreements that have led...
Ford has been stuck inside this downtrend channel since 2013. The stock has is up 130% since its recent March lows and we're once again approaching resistance at the top of the channel. We've been scalp trading on Ford for nice gains over the past 6 months but are not in a position now. If we're finally able to break out of this channel, we would look for support...
Absolutely beautiful play on Uber so far. If you check our previous charts, we've been buying $Uber between the $28-$33 range and up +60% on this one so far. Anything under that $45 IPO price on this one was a gift. We've moved up our stop loss to lock in out gains, but we still love this stock for the long term haul. Uber recently closed it's deal with...
Just using TA this time around. Checking back in with $NKLA. We got a lot of backlash on our last Nikola position, but ended up with a +44% profit trade in under 10 days. (Check out or last Nikola Post on September 24th.) The stock was beat, oversold, flooded with bad news, and found some support around the $18 range. We're right back at the same levels today, so...
No TA or FA on this one. Just watching. BTC isn't even going parabolic or trending on Google anywhere near 2018 levels yet. We'll do some TA on this one shortly this week. Gve us a follow and shoot us a Like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an...
Not a good look for the Nikola Company and its shareholders (if there are any left) after they just received their first Sell rating from wallstreet by Barrons with a price target of $15.00. $NKLA is down over 80% from it's June ATH less than just 100 days ago. The sell off began just after Nikola's deal with GM, when it was pointed out that Nikola's founder...
Checking back in with $BYND. If you've been following our Beyond Meat Analysis you'll see the level we've been buying at has been around that $125 mark. There has been a lot of activity in that zone and we finally got a break upwards through the resistance. We're expecting a bit of a pull back to find our new support level. If we find support on that previous...
Check out our previous $Uber posts for more in depth analysis. This is just your quarterly reminder that: 1. Uber is surviving the pandemic 2. Uber Eats thrived during the pandemic 3. Uber just won its appeal against the London ban 4. Uber is still below is $45 IPO price from over a year ago We're in this one overall for the long haul, but we love to swing...
A Huge week is coming up for the airline industry next week. As you can recall, the Stimulus Package passed back in March provided the airlines with $25 billion in aid as long as they didn't let go of any their employees for a certain period of time. That certain period of time expires September 30th. The airlines are asking Congress for additional aid and the...