There are both technical and fundamental reasons this breakout is imminent and $100 is an easy target short to mid term. Notably $100 is a conservative target. The news in the social media “metaverse” is about to get even more interesting. Set your stop loss below $50 to be safe, below $60 if you’re playing this tight. Potential gain of 50% and potentially only...
BB following a similar pattern as before with a long term wedge. No more room left for shorters and short squeeze is imminent. Whatchu think? Funny what seems obvious when you just zoom out far enough!
This chart is hard to ignore - I am pretty sure what I'm seeing here is likely given the aggregate indicators. What do you think?
Fundamentals are strong on this stock. Most people don't understand their business. I invite you to look up Chamath's presentation when the SPAC merger was announced to know why this is a "winner takes most" play in the Financial Services sector. Good luck! Things to note on the short term: - RSI overheated - Great volume candles - Needs follow-through - there...
Will we get a double top or are we going down from here? Manage your risk!
See a good setup here on the 15 minute chart. Sell targets at $61650 and $62340. Good luck!
Do we break the line and pump? Or do we go back down for another test? Took out a short at 3850 with a tight stop at 3933 USD. Set a buy to close the short at 3682.
Looks eerily similar to BTC / USD CIRCA 2017-2018.
XRP long term consolidation ends soon. Not financial advice but I can’t ignore this chart.
This is not financial advice. I'm just starting to post stuff more frequently. Hopefully the first of many.
Quick analysis on INSG Inseego the hot tech company deploying 5G hotspots with major telcos like Verizon. Yes the stock has had a great run, but it's clearly got momentum and the fundamentals are strong. We are tracking an upward channel with a downward-facing wedge if you zoom in close. If the lines I drew are generally in the right spots, then we're seeing a...
Please see my previous analysis linked to this update. We see SPCE has already broken the wedge ahead of schedule, indicating very bullish sentiment. Some are calling it "the only pure-play" in the future of Space. Who wouldn't want to take a ride?
Today we're looking at MRNA aka Moderna, the darling biotech that might be the savior of us all should they produce an mRNA vaccine that could be more easily produced and distributed at scale than a traditional vaccine candidate. Reading into this story I've been intrigued, especially with the nice patterns forming in this chart with an easy to identify Impulse...
Hey everyone, today we're looking at a longer-term stock that has the potential to get exciting very quickly. I'm really liking how the fundamentals and the technicals are lining up on this wedge I've drawn, what do you think? Note the end of this Wedge is targeted by November 2020. Meanwhile, there is a strong catalyst that will have this stock either moving...
Diving into SPOT, if you've been in this stock this year you've probably been pretty happy with the performance. With a number of big product releases and the effects of JOE ROGAN and MICHELLE OBAMA signing exclusive deals to drive subscribers, the stock pumped so fast from around $180 to nearly $300, that if you blinked you probably missed it. Well, what now?...
Looking at SNAP it's been gaining some steam in the past months, Seeing more than 200% gains off the March lows. Not only that, but arch-rival FB has been in hot water all year and there's concern about their business being broken up to prevent monopolistic practices. Is this an opportunity for SNAP? Is this an opportunity for you? With that being said, a strange...
Get ready for Captain MRVL (Marvell Technology Group) to power your 5G future. With the launch of their OCTEON 5G infrastructure processors and already in production to deliver to the top 5G infrastructure providers globally, MRVL is set to fly. Check out the breakout from the All-Time High (ATH) with volume. The BULLS are in on this one, are you?! This is a...
WORK aka Slack was a very promising trade with the work from home (WFH) explosion driving stocks like ZOOM, PYPL, SQ, FB, AAPL, MSFT and CRM to name a few. Unfortunately WORK's performance was lukewarm, and quarterly results proved the same. With services like Zoom Video, Facebook Workplace, Microsoft Teams, Salesforce and more providing a lot of tools that...