chefdrewmem

chefdrewmem

Target price of 350-400 in 24 to 30 months

chefdrewmem

Chewy is a box on the door, and lets face it how many do you really see? If you own a pet in the United States you have probably walked into a Petco in the past two months, and you more than likely brought your four legged friend along for the ride. Petco is a brick and mortar story that will be forever because it offers not only a convenient field trip with your...

chefdrewmem

Why are pumpers heading for penny stocks that will imploded. Why not create a wave with lasting momentum in a company that generates a profit? PETCO stock is easily worth $60 in this market but we are seeing the same old institutions holding it back to shake out retail. Im in for the run here, PETCO is no brainer. People are not at movie theaters or Dillards for...

chefdrewmem

140 point rise signals the beginning of the next leg. its not too late to get in the squeeze to 4400.

chefdrewmem

GM is everything Tesla wished it would have been in its infancy. With infrastructure and established customer base, GM will likely beat Tesla in this sector in profitability and revenue. GM can only grow from here. I believe this is 300 in four to five years, and that is modest speculation. GM could become the biggest company in the industry of automobiles.

chefdrewmem

i cant support this rally. significant downside potential as there are certain areas that have yet to be tagged. Fundamentals also are not supportive of this push. The harmonics if correct indicate an 88 percent correction.

chefdrewmem

As Oil and the dollar begin to rally we should see a cycling into hard commodities and physical currency while the world normalizes over the year people will find greater value in readily available assets.

chefdrewmem

look for an entry around 126, if the move continues down enter at 88

chefdrewmem

A .61 percent retrace is possible at this area

chefdrewmem

there is a very real possibility of oil trading in the 65 to 85 - 100 dollar range over the next 2 to 3 years. If WTI breaks out above 2.80 level it is likely the stock could return to its 9 dollar highs in 18-24 months

chefdrewmem

we could see a short term reversal in oil that could drive the price into the low 40s at this level some technical indicators would point to such. A possible 5 week correction bringing WTI into the 1.40s which at that level would present a major buying opportunity

chefdrewmem

This looks to complete the fifth wave a grand cycle it would interesting to see if Amazon corrects at that level, where it would go, and why.

chefdrewmem

12.00 or greater in 24 months solid 2 year call play if available

chefdrewmem

I am not short Tesla just checking technicals.

chefdrewmem

www.bloomberg.com

chefdrewmem

It would seem the current conditions of tariffs that has been holding this stock down for so long may remain in place for years to come. Biden has suggested his policy is uncertain and will be determined by his team.

chefdrewmem

However market indicates a downturn around that time

chefdrewmem

They were bearish before covid..Upside is limited in the near term and algos are predicting and future correction around 3Q 2021. Why? i dont know.