EV stocks had their time to correct.
Now it's reversal time, so let's long this baby.
RSI is so oversold the cyclical phase must begin. ATH is a definite possibility.
Inside ownership also re-instills faith all the big boys are in this great stock,
Blackrock, Goldman, JP, Shaw, CS, and finally big Mr. BABA.
Let the chart speak for itself....
Hello all,
As you all may have noticed from doing your research that there has been a quantifiable spike in insider buying by the President and Director of Orbimed Advisors.
On February 17th, 2021 there was an Initial Public Offering at $3.50/share.
I have not made any extensive due diligence on the company yet, solely interested in the high amount of shares...
PROS:
Bullish Flag
Insider Trading (102k shares bought 2.12.21)
Bullish Crossover (50/20 MA)
Long-Legged Doji
CONS:
No 200 MA
MACD Curling down
Good Luck! Always do your own research.
SRGA has tried and failed to break/hold the 1.70 area 3 separate times suggesting it's time for the stock to start going back up. 4 of it's board members bought large sums of SRGA today totaling of 5 million altogether.
I've taken a small starter position on it. Let's see where she ends up by the end of next week and reassess.
***The legendary Fidelity Investments manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” this guys is just simply smart.
***Beautiful data presented here very useful for long investors . Simple strategy, with every consideration you would usually take , just...
Contextual immersion trading strategy idea.
MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications.
The share price rose after announcing the director of the company,...
As you can see, a nice bullish symmetrical triangle has formed on the chart recently, and you can also see some double bottom patterns before and recently it bounced off the double bottom. This was due also because of the catalyst of Ford beginning their production again once more. One very interesting thing, however, is that the COO(Chief Operating Officer)...
NAK , trading at .39 - .40 currently is waiting for a major catalyst with environmental impact statement approval
This would open the world’s biggest undeveloped gold silver and copper mining project,
Some quick facts, because I think this approval could happen at any time so readers should do own DD quickly because I might be busy to update here
- Pebble...
For a very long period of time NYSE:COTY was a troubled company with deteriorating fundamentals.
However, right now, it is trying to transform itself and improve both financials and position in the market. Top management really believes in turnaround, insiders purchased around $100 million in stock last year!!!
And now it looks like stock might be finally...
Small- and micro-cap stocks trading near their 52-week lows tend to outperform the market in January. One of my preferred picks to profit from the "January effect" is Limbach Holdings. Now far off its 11-dollar highs earlier this year, LMB has some upward momentum in both its share price and its analyst ratings. Expected to greatly improve its earnings in 2020,...
CREE has formed a symmetrical triangle pattern going back to the early September low. The price just broke out of the pattern yesterday & is continuing the move today. There was also insider buying by one of the directors yesterday, for those who pay attention to that.
The price target for the pattern breakout is $60.
Looks like there was a massive volume spike out of nowhere and with no relavent shift in momentum when it occured. It was out of the blue which to me seemed a little strange at the time until I got an email this morning stating that OMG would be added to Kracken... Then I remembered.... Nothing happens by accident... May keep running but Im not going to chase it....
Check out my analysis on this chart via YouTube at Dumb Money Trader.
Anytime an insider buys or sells, it's worth noting. I'll be keeping my eye on this one.
www.dumbmoneytrader.com
Red Rock Resorts owns a majority indirect equity interest in and manages Station Casinos LLC ("Station Casinos"). Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various...
Reliance Chronology of Insider Trading
August 07, 2019 Wednesday: On it made its low and closed around 1110,
August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day
August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day
August 10, 2019 Saturday: Market Remain Closed
August 11, 2019 Sunday: Market Remain...
