As Apple continues to absorb the entire global share of wallet, bad things can happen. When it does dump, it will take indexes and grow with it. Bear PT = $157-165 Bull PT = $185-200 Odds are this starts next week unless the Fed backtracks on starting tapering. Time will tell, this is clown world folks. No matter what happens, this is good for no one except...
In lieu of causing max pain, it seems the controllers of the market have decided to stick another major knife into retailers the past few weeks. Looking for a reversal in the short term. Bull PT: 476 short term Bear PT: We have another 5-10% drop (highly unlikely)
$BBY setup idea. Looking for confirmation of staying in this channel (between red and green lines). Breaking the bottom channel would open heavy downside. Adding a stop loss under bottom part of channel. Bullish PT: $114 to $120 Bearish PT: $78 to $88
$DM is looking like it's holding support fairly well here. Should perform well over the next few months. Analyst price targets ranging from $8 to $22
PaySafe should correct fairly hard after being shorted and dumped out over the past few months. Wallstreet analyst price targets range from $12 to $17.
The company still has money running through it, I don't see this staying low forever. Looking for 20% to 50% gains from these levels. Extreme Bull: $5 Bull: $3.20 to $4 Bear: Flatline at $3 Extreme Bear case: Company throws in the towel and declares bankruptcy $0 (or $50 in this market...) This isn't financial advice, it's just an idea I am using for myself.
$PLTR should be taking off shortly from it's current levels. Leading up to it's earnings report will be fairly lucrative. Price targets Conservative: $27 Ultra-Bull: $45 Impending Doom Due to Incompetent Government: $17 I'm not a financial advisor, I just post ideas that I'm using.
Over the next few months, bar a catastrophic market crash, $GOCO should, in theory, fill the gap between $5 and $10. Analyst PT across the board are between $7 and $23 so this should be good.
Downward pressure, combined with increased volatility should push $AAPL down from it's current levels to at least the bottom of it's current channel over the course of the countdown to a concrete tapering schedule. Many believe the FOMC meeting on Sept. 22nd could be the formal announcement, as it would give the market enough time to adjust accordingly, however,...
$BARK is hitting a double bottom giving a great entry point for future outlook. Analyst price targets range from $14 to $16
Let's look at the facts: $100 USDT of $SHIB burned every NFT mint $100 USDT of $SHIB burned every NFT rename $SHIB Burned every transaction (handful of payments providers already signed up) Ask yourself: In a few years, with only a few trillion $SHIB remaining, where does that put the price when everyone adopts this coin?
Interesting and consistent correlation in the way the market reacts to each FOMC meeting.
Just as fast as the news of COVID vaccine may have rallied the market this past week, the effects may be short lived as they were in the past when the realization that we still are a minimum of 6-12 months away from anything remotely resembling a normal society. With that said, companies like MGM will likely see another dump of their stock when investors realize...
BTC as usual is a wild ride. Over the next few months we will see another major dump to lower support on BTC. After this happens, it's anyones guess.
Based on technicals, DXY is looking like it wants an artificial bull run to level the playing field a bit in the markets. Target 97-100. This is a long play over the next few months, but should play out nicely if you know how to utilize it. Note: This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment...
With the US elections on the way, here is my predicted outcome by EOY for where S&P 500 is headed. The assumptions proposed are based on a combined historical analysis of presidential elections, along with the oddities of the current "circus" of a market. This analysis has NO bias sentiment leaning toward either party, an is strictly based on historic trends of...
EURUSD is in a short-term and longer-term Short opportunity with an upside between 1.19 to high 1.20s. Watch DXY for a break this trend, but I expect EURUSD to drop substantially in the coming months. Note: This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation”...