Tried buying this at $0.14, went at $0.30 will Retrace Past $1+First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based based. That being said, I have been watching the stock known as $ADOM quite closely. It is an electrification company focused on trucks that was earlier $0.14 at the OTC markets. The demand surge in the morning was high w/ even many hedge funds, small caps and institutional investors picking up on it. Volume was at an all time high. Few cents decrease here and there doesn't matter to me for stocks that are VOLATILE. I am seeing this easily go up by huge percentage points, and am interested to see if support lines continue and resistances can be broken. I may shorten it later and re-entry once it surges or keep this for a very very long time. A company like this which went humbly down to startup status is underrated. You have early stage corporations like NKLA and then you have stuff like this that doesn't have brand equity value. I don't' like speculative investing or paying way more than a company is worth. This is why I shortened NKLA and said it is better to invest in what has more percentage growth potential. I don't care about fancy graphics as much as I care about fair market value and growth potential. Once I remove the bias of excitement from the flair, it lets me make more informed trading decisions. A stock like ADOM is still extremely high risk, so do your own diligence. However, the fact that it is getting picked up and I expect some positive news quite soon makes me all the more bullish.
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Can $BTC Potentially hit $25k by 2021?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. I may or may not have a conflict of interest. That being said, seeing the variety of different charting patterns, wave retracements, past breakouts, and correlations, I think that $BTC can still gain some more momentum. It has been reported that many people are holding long for BTC, and volatility is at an all time low. Also, some analyst are extra bullish. However, lots of them have pure speculation over price growth and the numbers seem to be out there. Also, while I am against many institutional BTC ETFs, they still seem to help $BTC's growth when all the large cap funds are done shortening it. A current exchange traded product which I am unsure about, is about to launch through a German Stock Exchange. It isn't going to be quite an ETF according to sources. Another aspect to consider is stuff like custom XBT dataflow trackers or bullish long support on the Grayscale Bitcoin Trust. It will be interesting to see how everything plays out long term.
Still very Bullish on $TRPXFirst off, please don't take anything I say as financial advice or seriously. As always, this is on an opinion based basis. That being said, TRPX looks like it is following a positive retracement curve pattern for the next wave in the series. I think it has some positive support and am still expecting at least some bullish continuation. I am more of a fan of some other stocks portfolio-wise, but this is still one of the fast growing ones with potential. It will be interesting to see how pricing and support curves plays out for it. Very volatile.
I am Targeting Towards: $1.706139 for GBP/CAD PairFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said support outweighs the resistance. I am currently confident in growth correlation for this Forex pair and the target can be met for a quick profit turnover. I think the current market pattern feels obvious, and if you traded Forex you would see what I mean.
Continued Bullish: Next $MBIO Target at $5First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I previously predicted you should shorten $MBIO at $4.02. That was too conservative a bit, but you could have invested in higher growth stocks between then and now, as the most important thing is growth in the shortest time periods. If you had a chance of growing at $0.22+ per share vs. comparatively being able to grow at $0.25+ per share at the same time period, what would you pick? Now, I am saying it is worth it to some (who may not want to diversify in the types of stocks I'm diversifying now) to get $MBIO as a not too risky pick and set it at a $5 sell-off target. Resistance will be there, but the volatility may not be as bad compared to other stocks of similar cap and price in the market. That being said, I rather invest in some other stocks besides this given my risk tolerance and appetite for higher growth periodicals.
$OLED at a target of $175 LongFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I am bullish on OLED and can easily see a price increase of at least to the $175 range by early August (likely sooner). Consumer electronics demand is also expected to surge in the retail markets given easing up of Covid19 restrictions, and the supply & demand curve should adjust accordingly as a result.
Upgrading my Position to a Short: $NKLAFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, NKLA's trend worries me. I was very bullish prior, and if you followed my advice you could have likely seen a decent percentage growth. However, now it is getting to the risky side and I feel like I have more data. Higher chance of it going down to $57 over up to $120. This is what happens when you have really large spreads, it is a speculative stock, volume too high, and people too optimistic. I feel like it is better to take profits and find another IPO or stock to piggy back off of rather than taking the risk. I feel the stats are likely closer to 43% going up, 57% going down. I have also updated my previous position. Sell, sell, sell and mitigate the risk. If I am wrong, I am wrong but the price growth have been too much given the statistics. When things are too good to be true, I don't like pushing luck further than necessary. This is especially true when more info and data is involved.
Growth was Insane, Expecting this to Drop to $1.50First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, IZEA's bullish run is a direct result of the news and how they are expanding. However, a run can only last too long and you reached a point near the $2.10 range of bearish resistance. Post-Market already dropped 3.85%, and the numbers seem speculative. I think likely a negative retracement soon towards $1.50 is imminent.
My Current Watchlist ~ June 9thFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, my current watchlist at least for this upcoming week is $SPCB, $SLNO, $MARK, and $AIM. I think I am expecting alot of bullish activity with these, and already went over the charting, pattern retracements, and resistance curves/levels. That being said, they are very volatile. Investing and monitoring your trades are at your own risk.
SLNO: Buying the Dip, BullishFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, SLNO (which I been watching for a while), caught my interest again. I think today given the price decrease and retracement expectancies, it currently looks like a price dip is happening. I expect the sale target to be close to the $3.55 range, making this quite bullish.
This can potentially be $5 by SeptemberFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, IDEX have spiked today and we can all see bullish correlations as well as lots of continued support. I am expecting this to potentially even hit a $5 price by September, but don't like long positions over compounding. Keep this on the watchlist guys, also wait until maybe this is more in the red before buying.
4 Stocks I will watch like a HAWK this WeekFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, looking at the logarithmic patterns for the pricing for these stocks, some of the hype, and support lines, these are the four stocks I will be watching like a hawk this week. Definitely interested to see how it goes towards Thursday, while paying attention to volatile movements that can be quite bearish or quite bullish. Anyways, will see how these play out. They may also be worth a long, but too early to be for certain as I like turnovers and compounding / trying not to push my luck too much with certain stock categories.
The Low Cash, Mid Risk WatchlistFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, hypothetically if one had only $1000, how would they invest for the next month? I decided to devise a list of these 9 stocks that still could potentially be quite bullish for some longs. For the penny stocks in order to mitigate risk, I recommend only spending $200 on them with $120 of that at least allocated towards IDEX (Remember this is a long hold list). The rest of the $800 is devised on how you see fit based on thorough analysis which you can go and see what people are saying on StockTwits or Zacks . It wouldn't hurt though if you are an amateur to just try splitting the $800 evenly with the non-penny stocks. You can also try just spending $111 on each of those stock picks instead of $200 on Penny stocks and $800 on regular. Really how you want to diversify is up to you, as I think these stocks should be stable in general. That being said, this would be the watchlist I would monitor for a month or so if I was a student or a beginner. As always, risk is on you and take this on the basis of opinion.
Easily will Surpass $120, Mark my Words!First off, please don't take this seriously or as financial advice. As always, this is on an opinion based basis. That being said, I been following this since it was $48, and then I saw it hit $52.40 at noon. I knew this was going to blow up. Nikola has been blowing up. One of the biggest bull runs ever I seen for EVs. Now it closed at $73.27, and post market already grew by $14. The support is definitely there. I was originally going to say it will hit $100. It looks like it can surpass now even $120 quite soon.
AIM can hit $3.85 ~ Actual TargetFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said at a buy entry now, than sell good till canceled order at $3.85, I think something like this can actually be reached quite soon. AIM started having some strong support, and you can start seeing accumulation growth, and likely at some point small cap funds will start getting interested in holding it. I am obviously bullish in this one.
TRPX Can Easily Pass $1.15 + Some Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I am bullish on TRPX (at the very least short term). It may easily pass $1.15 and might even pass the $1.50 price threshold. At least 47%+ profit turnover potential wouldn't be too bad.
Post $1.25 Entry ~ $5 Short Term Target for SPCBFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, kind of wish I was into this stock. These are still a dime in a dozen that the market is so bullish these days. That being said, watch out if this explodes to the moon!
UUU: $1 Short Target, very low Volume + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I have a few quick insights. I think $UUU can hit $1 quite soon w/ continuing support levels. However, it is still very high risk. The market cap is very small, hence the volume is small. I wouldn't bet too much on this if I were to buy it. Currently, I'm waiting to see if it hits the $1 price target I am predicting, and if it can rally. However, again this is high risk. Lower volume and lower market cap stocks are harder to get out of. Be very weary.
Wait until Friday before $GME RiskFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I expect GameStop to have a negative earnings call tomorrow. This will lead to a bearish dip, which makes me inclined to say, wait until Friday (probably around the hours people shorten) or afterwards to buy this stock. Don't try getting it before the potential dip if you want to profit off GameStop. I could be wrong, but many many people are objectively expecting a bad earnings call.
$LTC Needs to > the $48 Resistance Price to Hit $50 this MonthFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, Litecoin looks to be outperforming alot of different cryptos in the entire cryptocurrency and altcoins market. I'm not as bullish on it as I am with BTC, but still quite bullish on it. It looks like to garnish momentum and hit that $50 price milestone, it needs to pass the $48 resistance price point first in order to do that this month. I think the confidence interval that it will is there. Am I bullish long term as well? Perhaps.
Can a Penny Stock like this ever Recover?First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, thanks to @adamans for bringing this stock to my attention. $IDEX seems to at this point be trending towards a decent $1.05 target. Currently after the $0.47 close, it went already up by $0.09. However, I'm not sure if I would shorten it at $1.05 or keep a long. I'm not even sure I would get it, as I have other things I'm analyzing as well portfolio-wise. That being said, likely it is more of a long given the company has somewhat decent of a portfolio . The thing that surprises me however, is that they are still around. The fact is, the all time high of this stock was $338.35. That was literally in 2007. Now from an operational standpoint, and financial standpoint, this company looks like it ran into the ground the past decade. It looks like the bullish aspect of holding it, is on the technological potential. This is why I am confined to say if one was to get it, it would take some decision making at the $1.05 mark to see if it is worth a sale or hold. This is because of opportunity cost on time, and the past financial and operational history. Now looking at the founder's story here , it says this company was founded in 2017. This leads me to believe this was an older ticker for a previous stock that was desisted, or a previous digital company was asset stripped. However, if that is true, they still managed to go down from I believe is nearly $3.10 to $0.41, prior to retracing to its $0.56 price now. That is still a really downward pattern. (BTW, I gave them $3.10 as the entry, the all time high for 2017 was $5.92). The average stock price in 2017 was $2.2008, the average in 2018 was $2.7846, and the average in 2019 was $1.5313. Growth haven't been good to them. That being said, yes, the $1.05 target I'm predicting will have to be set soon if I am correct (and I am being generous). Then it is up to you if you want to take that speculative bet. The executive team has the ability likely to make this retrace to its 2017 price, and maybe garnish growth of the current companies under their portfolio. However, it will take alot of work in an uncertain market. It is up to them to leverage an effective growth strategy. If they want help, I don't mind playing a Marcus Lemonis. That being said, good luck guys!
5 Stocks we are looking into for the Covid-19 VaccineFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, let me get into my insights. There was rumors that AstraZeneca wanted to merge w/ Gilead. However, it looks like this may not happen. Until, the books are closed don't get your hopes up, but invest as if you expect something like this to go down. As far as stocks such as Pfizer, Pfizer so far is greatly underrated in terms of growth potential during the vaccine trials period, and likely because of that it is due for a bullish run quite soon. NVAX and Moderna, I believe already have the most stable growth potential given the logarithmic curves. These 5 stocks may be quite interesting to look at given all these giants from Pfizer to Moderna to Gilead are working on being the forefront of the expected Covid19 vaccine delivery. If this is a huge revenue booster, that means obvious profit turn over potential. Also, it is likely better for a buy entry previous to August, September, and the winter when hype may start increasing. Lots of the excitement have very recently slowed down, and you likely don't want to wait for the hype if you do long term holds.
People have valid reasons to be harsh on SlackFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, Slack recently had a positive earnings report, which shown higher year of year growth. This didn't stop the stock from dropping over 10%+ afterwards. There are valid reasons though why investors should be or are shortening it. The risk is high when comparing the enterprise value of Slack to the current market cap it has. 2019's revenue was $401 million. Even if they are on track to do $1 billion dollars a year, this gives a fair market value likely around $3.3 billion dollars. The 28.171B market cap and even 14.209B Enterprise Value, both put the stock at a premium. Earlier I talked about how companies like Tesla or even Ferrari could be looked at as overvalued. However, this isn't that bad when you notice their brand value comes with a large IP portfolio, manufacturing facilities, and actually reasonable expectancies for product quotas. Remove that, and you have a stock that is just in the digital transformation category that people are betting long because it was a unicorn. Slack does have really amazing potential when comparing it to competition in this space. However, at this price and the current financials, people seem to be overbetting long. It would be interesting to see if this stock dips, and then an entry buy may be better. Currently, you can try doing a buy entry now and sell at $41, but that would be a high risk trade given this stock has a high confidence interval of also dropping down to at least $29. I would say, keep this in the watchlist, but also keep in mind the financials. You have a stock at the very least overvalued 2x, but most likely overvalued closer to 10x. Some stocks are always speculative though, but still something to be weary about.
