FOMO is common after an election, especially when it comes to markets or investments reacting to political outcomes. Post-election day, many people might feel like they need to act quickly based on the election results, whether that's trading in stocks, buying cryptocurrency, or engaging in other investments that seem promising based on the new political landscape.
As seen from past data, when NASDAQ:AMD has broken out of its wedge, it leads to another move down before more upside. Could this time be different?
Despite strong revenue growth in recent years, the company trades at high price-to-sales (P/S) and price-to-earnings (P/E) ratios compared to peers in the software and analytics space. The company’s early reliance on government contracts has been a strength, but its pivot to expand commercial operations has faced increasing competition. A significant portion of...
We are tightening up which signals a possibility of increased volatility in the near-by future. Longs have to protect previous all-time highs of $565 to continue further upside. Shorts have to protect $575 to prevent new all-time highs. What do you think will happen in the upcoming times to come?
Feeling a retracement Fuel running low Expect downtown stop at nearest gas station before proceeding further.
Based on 2018-2020 data, 0.786 is a common retracement area for BTC after a bull run. Near EOY of 2017, when BTC rose to around $19,700, we saw a retracement to $3,100. This area is under 0.786 Retracement of $4330. In July 2019, when BTC rose to around $13,900 from $3,100, we saw a retracement to $3,850. This area is under 0.786 Retracement of $5420. Near EOY...
I believe NVDA will see a similar correction to November 2021. In Nov 2021, NVDA went from highs of $346.11, on Nov 22, to lows of $108.16, on Oct 13. (-69% drop in around 320days) We see from lows of $108.16 (Oct 13, 2022) to current ATH of $502.52 (Aug 24, 2023) (+400% Gain in around 320days) What do we know? We know that this stock tends to go down just as...
PT #1: $320 - $340 PT #2: $270 - $300 PT #3: $210 - $230 Oct 13, 2022. Lows of $108.13 Aug 24, 2023. Highs of $502.66 Around +465% Gain in a bit over ONE YEAR. How sustainable are those gains?
Break of Previous Lows from Earnings, Few Days After We See A Huge Move Up
Why has AMC been down? AMC Entertainment's stock price plummeted after the company prepared for a stock conversion. This event might have caused uncertainty among investors, leading to a sell-off. AMC Entertainment's stock took a significant hit after a court approved the company's APE share conversion plan. One of the reasons for AMC's stock drop was due to...
We have hit recent lows of $423. We are approaching support areas of a 115-day rising channel since the big run-up from $300 to $400. We were at ATH at $500 less than 20 days ago. (-15% Drop) RSI has recently shown a bullish divergence This divergence is similar to our previous run from $403 to the current ATH.
NASDAQ:META has seen a rise in over +270% in the past 270 days. I believe we will see a correction, similar to Sept 7 2021 - Nov 7 2022. In around 420 days, NASDAQ:META went from highs of $384 to lows of $88. (-77% Drop) My Target Price is $150-$200.
Highest Current Target: 0.0000000033 For Best Chance to Hit Target, Price Must Stay Above 0.0000000013
Price Target: $0.085 FLM went from lows of $0.0525 to highs of $0.10 within 48 hours. Since then, It has been making lower highs. I believe we are in at area of supply, and we should start to see some selling pressure come in.
Great short with limited risk and decent potential for gains. Main PT: $2.6 *You are responsible for your entries and exits if you chose to enter this trade* Canadian pot company Tilray Brands (TLRY) has been preparing for marijuana legalization in the U.S. to boost its business. Recent news made investors believe that federal legalization in the U.S. might be...
Up +30% since less than 48hrs. Highly like to see <=0.00222
IOTA is an open-source ledger technology and cryptocurrency tailored for the Internet of Things (IoT). Instead of a traditional blockchain, it employs a directed acyclic graph for its ledger, which could offer better scalability. Unlike systems that rely on miners, in IOTA, any node introducing a new transaction must validate two prior transactions. This mechanism...
Up +40% past 24hrs. Expect Retracement PT #1: 0.0004885 PT #2: 0.0004700 PT #3: 0.0004500 PT #4 0.0004300