This morning took a small position in $GTLS after it run up at the open and went back down immediately to some mid support level. Entered the trade at around 154-155. It might have been premature, since the company is moving sideway and staying inside the channel, both on the top and bottom. But I am willing to take higher temporary downside risk as the...
I had my $DOCU on my watchlist for a while and I believe this is the time to be bullish on the stock! Looking at the technical on the daily chart, I can point out the following: 1. The stock has bounce yet again off major support level between 180$-190$, 2. MACD is turning bullish, 3. RSI is in mid range, which I believe its a good indicator when a stock is...
Love $DASH right now! MACD turning bullish! RSI mid rage and shares are holding for the moment. Might wait a bit more to see how the market reacts in the next few weeks, but could be a great buying opportunity at this prices!
I bought some at 90s and more at 80s All the indicators are turning positive. This was way oversold. I believe it was due to market condition then the company itself. The CEO was quick to response and limit the damages. We are not out of the woods yet so demand will keep rising. They seems to have fixed the production bottleneck and are creating new content each...
Neutral on $CELH at the moment. Looking into earnings, I expect them to have great numbers, but with market sentiment so high, not really sure how is going to move. Because is trading on the nasdaq, I feel has been hammered down too much lately... That being said, looking at the technical, it seems to be near an ascending triangle support, which indicate a...
I like the way $CELH is looking right now!! After dipping on earnings report, where expectation were too high, the company is bouncing back. IMO the selloff was due to a few factors coming together: - Broader market selle off and repositioning, - increase in 10 years treasury yield, - inflation pressure From a stock prospective, $CELH had some issue with...
$LULU finally moving again? Will monitor! Holding 1000 shares
Looking at the daily chart, $OPK looks prime for squeeze to 7.21$ and then 8.92$. The good: - ascending triangle - Bullish MACD - Positive momentum - COVID-19 test positive upside (recent agreement with daily test for NBA players) The Bad: - RSI rising - BIG resistance at 6.10-6.30 - triple top if does not break through downside could be big Lastly, we...
If past movement are not a guaranteed for future result, i did not get that memo... Because as it happened in the past, again $LULU had amazing earnings, beating both revenues and earnings and yet share are down more than 5% as this morning. Here some number: Revenue increased 22% to $1.1 billion Comparable sales increased 19%, or 18% on a constant dollar...
There is major support at this level! I am torn to going long, but there is a lots of uncertainty regarding The tiktok effect! Will see what happen with the election and any further issue coming from the White House.. Also watch out for earnings! They revised down, so it’s never good, even at earnings could keep going down to next support
I was watching $SNOW from the sideline since its IPO in mid September. Unfortunately from a technical point of view, it's difficult to make any speculation on where and when the stock will move next. However, I believe the stock is in a bullish position. Looking at the chart, I could possibly speculate on the following points: 1. Ascending triangle narrowing and...
Looking to enter a trade in $SBUX following a bull flag formation. Waiting for: - confirmation of price above trend line at $86, - increase in volume, - MACD and STOCK giving stronger signal If trade is entered, will set stop loss below support around 84.15. Taking profit around 90.30, 93.5$ and 99$ depending on price movement. Time frame of the trade 4-8...
GREAT momentum for this stock IMO! I was able to get into the dip after missing the run up from 240! The Company is well positioned to close the year strong as investing in CPaaS companies as technology and communication will continue to play a larger role in our lives going forward (thank you COVID-19). Looking at the daily, you can see that some investors...
IMO if $BIG is breaking the current support around 49$, will turn bearish! We can see a big sell off all the way to 44$ and than possible 39$ Will keep monitoring this!
Let's see if it can breakout the first resistance level and move upward.
The good: - Stochastic turning bullish, - High volume - holding on first level of support Neutral: - In previous dip the stock has always recovered (Although this is reassuring, in my view it is to be considered neutral because past moves are not a good enough indication of future price movement) The bad: - MACD is still bearish. Will need to be...
Will monitor the situation but it seems its holding well on support around 76-77$. Bought shares on the pullback on previous levels and looking to add more if this support holds.. I am still bullish on the stock, because IMO Tiktok will have only moderate impact on $FSLY revenues in the long term. However, I do realized the short term pressure and unfortunately...