$FANG - Diamondback Energy - 9.16% Gainer
Fundamentals (see details below 1,2):
-Land and asset purchase
-Sector strong relative to market
Technicals (see chart):
-Bullish set up
-Great momentum over recent months.
-8K's filing stated that they company would be buying out QEP, another...
As usual in a bull market, the swings are becoming more volatile. this is a good moment to sell on the retracements of the Fibonacci Sequence and buy back in around the 50 EMA, which points to 0.5 on the FIB.
Northrop Grumman has made a support trend line since 2013, and it now looks to be bouncing from that line after approaching it Friday. NOC also has support at 287 from recent lows. More importantly, NOC has a positive news catalyst after announcing a $2 billion buyback program this morning.
NOC is a pretty compelling value. I estimate forward...
I have a long bias on NASDAQ:ZM considering that this company has intrinsic retained value going into 2021 and should continue to have a nice valuation's as we use it in our day to working and school, furthermore I expect that it can pretty easily squeeze past 420 to higher prices as such low relative prices are often taken by market makers. My first target...
A push beyond $76.67 opens some extended targets into ATH:
TG1 🎯- $77.56
TG2 🎯 $79.21
extended TG3 🎯 - $81.50
extended TG4 🎯- $85.20
Invalidated below $70 ⚠️
We are in $76 calls for 1/29
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News: $10B share repurchase following signal from Fed's stress test results and stimulus progress.
Fundamentals: P/E Ratio 10.83 Div/Yield 2.18 P/B 0.956
Indicators/Patterns: Fib-based trend time, Fib-based trend extension, RSI, Pivots, Rate of Change
Posting to watch chart back -- buybacks- Major support(45.50-46.50 range) -- Is till holding
if market participates will likely run towards a gap fill. 53-56/57
Watching the previous gaps on both ends and the 50sma/ema & 200sma/ema on 1h through 1week.
This is a sharp up-buy of stocks by Tesla itself buying back shares. They said they will price the stock up if investor confidence is restored. Crypto volatility will return and this stock along with 5 others will be bought at large-cap volume.
August 1st, 2020 at 11:00am EST (Atlantic Time)
It is a Multi-Time frame analysis. It contains Harmonic, AB=CD and classic price action patterns.
This is a mainly a 1D chart analysis so I am gonna STICK to it and will wait for the Buy Entries ✅
We are in Bearish Leg Right now.
I'm putting on a long play with SINA looks like a good oppurtunity.
1% of capital allocated to this my stop is 41.41 my limit is $46 for take profit.
Entry price was 42.77.
Max loss will be $1.36 max gain will be $3.23
Holding time will be 2 weeks.