KO which as been in an uptrend corrected today due to the news of a 2,000 case recall for a Salmonella infection scare. This is a gram-negative bacteria which causes bloody diarrhea and can lead to sepsis shock and death ( for any with a medical background) The sell off of about 1.5 % was abrupt with high volumes. I see this as a buying opportunity, Moreover...
On the 15-minute chart, I see CTRM as being well-positioned among traders for high volatility on the report of earnings. The pump today has printed a tight flag pattern with consolidation this afternoon. If earnings are okay or even better I see this penny stock making another 10-15% move just like today. If on the other hand, if there is a miss, a drop of...
Hey folks! I am fairly exclusive to Heikin Ashi candles for my TA, but I will also use standard to scan for gaps. I found this one at $12.71-$12.91, and was only able to spot this subtle gap on the weekly chart. Recovery of this gap will bring some symmetry to the chart, and the GOP debates are the catalyst to back up the move imo. Happy Trading! OnePath
BTC needs some catalyst to take a move, as usual FOMC will shake up the markets. J.Pow sent some signals in his latest speech, DXY is hovering right below resistance. Overall slightly bullish to neutral, looks like BTC will range between 25k <-> 27k for a while.
There are several macro catalysts looming that are expected to play out in the next days and next couple of weeks. - DEBT Ceiling - FEDNOW launch - SEC vs Ripple FED and US TREASURY - DEBT Ceiling The United States Treasury is going broke, the FED is broke and banks are crumbling. The market crash actually started back in September 2019 when the yield curve...
The stock that I like so much finally received FDA 510K on the Nanox.ARC X-ray system. As much as it been short-selled into the ground, I am still heavily invested in it, and I think many of the catalyst in terms of early market and tech validation have already passed. It may not be smooth sailing, but I am still interested in Nanox for the long term, and am still...
EVFM Evofem Biosciences has a big upcoming catalyst: Its Phase 3 clinical trial evaluating Phexxi for the prevention of chlamydia and gonorrhea in women is on track to report top-line data from this landmark trial in mid-October, so we are one week away from results! Positive study outcomes would enable potential U.S. approval for prevention of these sexually...
As commodities have started to fall and lose strength after a parabolic rise, equities and crypto have started to shine, espacially alts. XRP is no difference. I don't lean much on the news, but yesterday there really was a great one in the Ripple vs SEC case. I am not gonna go into details but it could be the catalyst we've been waiting for. It is now only the...
A multi-year trend analysis to see if upcoming catalyst will push upward momentum past current resistance highs.
NYSE:CMC - this company is in the correct sector to directly benefit from the infrastructure bill. It is forming a Cup basing formation. If the market reacts positively to the news of the Infrastructure Bill getting signed, the vertically integrated steel producer stands to benefit from all of the national construction products that will ensue, especially if...
A lot of people still haven't realised what NYSE:BKKT is and how it can change the market and use all the crypto hype in it's favor. Next PT is $100 and then we'll see if it can go to next fib levels.
Watching PINS closely here- Sold off after earnings, patiently waiting for a good entry- with a catalyst or an increase in buyer volume relative to seller volume should really pop- will be looking for a breakout broader market conditions permitting. Bullish, just some FIB levels along with some RSI-based supply and demand zones to keep an eye on. - Big gap to fill...
Symmetrical triangle forming on VRM- - Looks to be a falling wedge forming on shorter timeframes as well - MACD Cross - Bollinger bands squeezing - Slight bullish divergence on the RSI - Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones - Infrastructure talks could serve as a catalyst for a nice bounce...
If tesla is in a triangle and breaksout in mid August between 10-12 (note that last years stocksplit announcement was in 11 August.) then I would say Tesla would rapidly go up until the beginning of September and then drop again just like last year. That would mean my projection of $1400+ would be reached in 2 weeks which Tesla is know for having done before....
AYTU has been under pressure forever with the 50 DMA being the strongest level of resistance over the last few months. However, if you take the chart waaayyyyy out, you'll see that it's bouncing off of a historic level of support, which was confirmed after this latest move. Yet again the 50DMA denied the rally even with higher volume. The company has an upcoming...
forgot to post many stonk ideas ngl. potential catalyst upcoming Friday.
down real bad, fundamentals the same if not better. anytime now.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Mirum Pharmaceuticals: My team has been reviewing Mirum Pharmaceuticals for...