$BMBL #BMBL could be a good #reopening play candidate. It is ranked as top#3 in my venture capital watchlist. Two corrective ways down might have finished the local correction. Breaking 64 level would make it a good risk/reward entry point in imho.
#atkr $atkr breakout with a 20% potential that could be utilized with a tight stop loss.
OHI consolidating nicely in an ascending triangle which has a good chance of resolving higher. The upside target is 18% from the breakout (if indeed it occurs and does not fail). Omega is a real estate investment trust that invests in the long-term healthcare industry. Fundamentally, demand for those facilities is increasing with covid and ageing population in USA.
FIVG - first 5G ETF is offering a favorable risk reward entry
Paycom Software, Inc. provides comprehensive, cloud-based human capital management (HCM) software solutions delivered as SAAS. It is a growth company with consistent growth figures due to high demand.
First Trust Cloud Computing ETF ($SKYY #SKYY) is offering a good risk reward entry for a continuation of the uptrend movement.
The Global X Lithium & Battery Tech ETF (#LIT $LIT) is offering seemingly a good/risk reward entry.
BIDU looking interesting for a small sized entry before earnings (5 days). Looks like the local correction is over. Forward PE is around 18.
Hi. Nobody knows the future among humanbeings, however, if I was asked where SPY could locally top, I would say that it would be somewhere around the 430 area since both wave count and trendlines seem to indicating that areas. In addition, we are seeing some divergences in many major indices.
Shop could go lower. Home plays are losing their shine. Also, the very high expectations are already baked in- 46 P/S. My EW count suggests a good chance of going down in a C wave. All these make me inclined to think that there are more chances to go down rather up. An invalidation point could be at around 1250.
Uber seems to getting ready to end local consolidation and might appreciate in price soon. If the wave count is right the potential target could be around 80. Fundamentally, it would be aligned with investors' current sentiment towards reopening after lock-downs.
It's been a choppy market for growth and tech stocks recently. Nevertheless, I believe there is a decent chance that AMD has another wave up until around 110-112 before a bigger correction. Breakout from a 84 level could be a good risk/reward entry point.
PTON - could be breaking down significantly lower if the key resistance level formed by the left (supposedly) is broken down. Fundamentally, it would mean that investors are turning away from stay at home champions toward to investing paradigms. Let's observe and see.
The growth stocks boom that started last year has corrected heavily recently. However, the correction might be headed lower as the IPO/ratio seems to be at the key level of support. #arkk #ipo #growth #SPY
COWN is offering a good risk/reward ratio entry for a possible continuation of a local 3rd wave. Forward PE is around 6.5 and PEG ratio is around 0.55. Nice volume and price action. #investing #trading
MITK - an IT security company could be setting up nicely for a rebound. Above 15.8 with a tight stop loss could be a good risk/reward entry. Supported by rising MCAD and RSI.
The SPY/IPO ratio is set to continue upwards momentum, meaning that IPO and growth stocks will be relatively weaker than S&P companies (general market). The downhill for growth stocks seems to have started when Treasury Bond yields started to look for a rebound. Although nothing is certain on the market, a little cautious approach towards growth stocks would not...
DECK could be headed higher after this consolidation.