The weekly fell through my identified trend but looking at the weekly chart it bounced off the 50day moving average. I will be looking at the MACD signal closely, the Technology Business Tax Certificate Transfer Program they received doesn’t seem so impressive and garners more questioning like how can you sell net operating losses? Or they’re selling tech which......
I think DonkeyKong DKNG is a proven winner and can run much higher much quicker then other growth stocks .. in all seriousness draftkings chart is about to go if it can get above the POC there’s no stopping it into $70s that sell off would’ve been a better time to add but now that the dust has settled a bit we see a more clear picture that DKNG and it should be...
So as many people are thinking of stocks they wished they could’ve bought into earlier this one popped up in my head! Now... I’ve seen this with a lot of stocks I wanted to buy but they ran too much.. from its high it’s down almost 50% awesome right... but look at the chart when you zoom out... these stocks can fall so so much more... I am becoming more and more bearish
Really like this stock but short term isn’t looking so good. The FDA approval will be the catalyst but if we can regain that POC I will feel a bit more comfortable
So short term we are going to hit support level and if we can bounce back I expect a massive rip back up . Earnings report coming up can be catalyst. This is not only a stock that has been making money with PPE, they are also in the home construction materials business. Not just your average covid stock
Not to sure how the deal will bode for VALE but looking at the hourly price action I would like to see a close above that POC However zooming out it seems like vale can quickly move higher with little resistance
Here we see the monthly price trend for GILD if you zoom out further there could be a potential giant bill flag but if we can’t get over that POC I won’t be holding
So here we have the daily price over about 5 years... we see FLR right above the POC(blue price).. given that all differ t kinds of energy seem to be at play here nuclear should be beneficiaries and not much resistance on the way up.
Not sure how this plays out could just fall through this support given the overall sell off however with word that the infrastructure bill will be massive, perhaps there is investments in OPTT which already has government contracts and is even making acquisitions, time will tell.. this is a key area where price is going to need to stay above the POC.. one to watch
