MannyLo

MannyLo

Missed out on this one earlier this year as would've loved to have gotten in once it broke that $160 level but had funds tied in other positions. Nonetheless, we're always watching and it looks like we may get another chance at a descent move in $SPOT. Remember, Spotify is like thr Netflix of streaming music. There's plenty of streaming music services but Spotify...

MannyLo Updated 

We haven't checked back in with the Cruise Industry in a bit so lets take a look at where we stand. The Cruise industry was one of the hardest hit by Covid19 and to top it off they didn't receive any US stimulus relief money to keep them afloat, making them one of the riskier plays. As the saying goes, with great risk often comes great reward. That being said,...

MannyLo

Never been a big fan of Bank Stocks, but with much of the market recovering, banks still have room to head back to their 1q price levels. We also have the election on the horizon which leads to uncertainty and big money/smart money loves certainty. With the Fed printing and borrowing rates at historic levels, a dividend paying bank stock like $BOA fits that...

MannyLo

Checking back in with Silver $SLV. If you saw our previous charts on Silver, both Gold and Silver have been on bullish runs this year. SLV seems to be consolidating at the moment and wouldn't be surprised to see a bullish break on this pennant pushing to the $34 levels. We'll be keeping a close watch on this one. Looking for confirmation before entering. Good...

MannyLo Updated 

Just sticking to TA at the moment for this one as their are plenty of Fundamental reasons not to touch the airlines just yet. TA: AAL seems to have found support around that $10 area. We're looking at that 200ma in white to see if the stock gets stopped or if it rips through. Watching closely. Give us a follow and shoot us a Like for more analysis updates....

MannyLo

Disney is 3 years away from approaching their 100 year anniversary amidst arguably the worst curve ball the company has faced, a global pandemic. Cruises, theme parks, and movies have been absolutely crushed along with their revenues from these operations. Don't forget Disney also owns ABC, ESPN, and FX Network. The good news is, theme parks have begun to slowly...

MannyLo Updated 

Ethereum has had a +60% move since breaking out of our previous wedge on the daily chart that had been intact since June 2019. ETH 2.0 news has been stirring, staking is looking more attractive (you will need a 32 ETH min.), and global currencies have been getting a lot of FUD of possible hyperinflation due to the large amounts printed worldwide to combat falling...

MannyLo Updated 

Checking back in with AAL to see how it's looking. It's been a rough couple of weeks for the Airlines. Apart from record low revenues, the Airlines face another hurdle that's quickly approaching. Airline carriers are prohibited under the terms of $25 billion in federal aid from laying anyone off until Oct. 1. Under the Worker Adjustment and Retraining...

MannyLo Updated 

Checking back in with Nike since our last analysis. If you check out our last Nike Post, the target hit our buy zone and we entered the position in the green rectangle on our charts. We're currently up around 5% on this one for a nice scalp trade if we wish to exit. Our initial target is still around $104-$105 mark. We're keeping a tight stop loss on this one in...

MannyLo

Unreal is the only way to describe this stock at the moment. Don't know how much longer this one can keep going up before entering a short position here. Stock is up over 112% since the recent lows in March, RSI is oversold on the daily and the weekly. We would expect to find a top soon but we're not taking a short position until the trend finishes. Remember, the...

MannyLo Updated 

Took an entry here on swing trade on APT. Entry between $20.00 - $20.50. Stop Loss at: $19.40 (around 4%) -- You can even go tighter on this one if you'd like Profits: $24.00 (around 19% profit) Give us a follow and shoot us a Like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed...

MannyLo Updated 

SLV has been on a tear since the March lows, rallying over 80% and it's still going. Eventually we'll see a breather as volume begins to decrease and bulls take some profits, but at the moment the bullish trend is still going strong. If you're looking to play this one, I would wait for any dips you can get, buy in, tight stop loss (around 2%), and let it ride....

MannyLo

There she goes....Checking back in with BItcoin since our last post. Bollinger Bands getting very tight so we were expecting a big move soon. BTC has finally broken the Blue Resistance line that has held since June 2019 and we're off to the races. Current target is our green rectangle for the Fib golden zone. We'll be adding on the dips until then. If we do fall...

MannyLo Updated 

Checking back in with BItcoin since the halvening and it seems the $9000 Area has been locked in for a while without much volatility. If you check out our previous BTC charts not much has changed just yet. We do see these Bollinger Bands getting very tight so we're expecting a move soon, just can't tell if it will be up or down. What we don't like here is that it...

MannyLo Updated 

Not much into detail on this one. Check out our previous posts on BYND for more in depth analysis. Right now just looking for a nice swing trade setup on Beyond Meat. Possible buy zone would be in the green rectangle. Tight stop right under it.We'll come back to it once we buy in. Disclaimer: I do not provide personal investment advice and I am not a qualified...

MannyLo Updated 

Gold has been on a mission to space and hasn't shown any signs of slowing down. Whenever we see consolidation and a possible resistance forming it breaks through with ease. Targets for now: 1. $180 Feel free to give us a follow and shoot us a like for more analysis updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a...

MannyLo

Checking back in with Ethereum rather soon since our last post but we got the break the bulls have been waiting for and ETH has broken through the resistance line in our wedge that's been intact since June 2019. Data from on-chain analytics resource Santiment on July 23 suggested that 700,000 ETH ($182.7 million) made its way to exchange wallets in just three days...

MannyLo

Last update we had on Ethereum was before the BTC halvening, checking back in to see how ETH is looking. Feel free to check out our last ETHUSD posts as well for more info. At the moment, ETH got stopped once again by our overhead resistance line. Until that line is broken with a daily close confirmation we won't be convinced Bull. Right now looking at the...