LOOKING FOR TELSA TO COME DOWN SUBSTANTIALLY. STARTING NOW AND CONTINUING AFTER THE ELECTIONS. $200 PUTS EXPIRING IN LATE DECEMBER ARE TEMPTING.. WHAT DO YOU THINK?
We have used the S&P500 for reference as well as Nasdaq100 We have a trendline break on the ray and now an opportunity to sell to 2021 for a nice target of 2400 but with a range from 2280 - 2450. Enjoy the trade. To further explain everything; check our links which will provide further details in our setups. Note: after the stock split which was a great...
YFI has gained x10 over the past few weeks. it just recently got added on Coinbase which is a home for most retail traders so it pumped EVEN MORE! and that happened after a short break! In my opinion, this market has to CALM DOWN! It's not like this can rise forever and the way it rose is NOT NORMAL. Many investors are eventually going to take their next step...
Because my last post has been deleted, one more time here: Tesla should be ready for a correction, 1. TD Sequential shows signs of a correction. 2. RSI has a divergence. 3. Doji candle and the subsequent candle closed below doji The overall longterm trend looks quite bullish on other timeframes, therefore it should be a correction in the next days and not a...
BTCUSD looks overvalued when measured against Gold XAUUSD. Divergence can be seen on the weekly chart from two different points in the past. There is also a gap that has formed in the BTC futures market that also needs to be filled. So i'm hoping these two factors combined will offer a pullback in BTC to at least fill the gap somewhere between $9,500 -...
Modern Meat (CSE:MEAT) is the poster child for everything that is wrong with the Canadian capital markets and the complete lack of oversight by regulators. Check IPO SEDAR filings, check insider names and find that most of them, including the CEO Tara Haddad, were named in the still ongoing Bridgemark investigation by BCSC. For those who are not aware, this is the...
In this chart I have used logarithmic regression to identify cycle tops and bottoms in BTC. Using the hypothesis of lengthening cycles, I have 3 price targets for a cycle top in mid-to-late 2022. With the current weighting of my regression, it shows that BTC is undervalued right now, with the fair value shown using a blue line.
$FLSY Over-extended - Possible Double Top Volume and RSI trending down since first peak earlier this week. Recent parabolic run up is unsustainable. What goes up must come down. Near term target: $72.00 support level (if support broken next target $65.00)
Okta announced the pricing of $1.0 bln aggregate principal amount of Convertible Senior Notes due 2026 (180.07) The notes will be senior, unsecured obligations of Okta. The notes will bear interest at a rate of 0.375% per year. Interest will be payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2020. The notes...
$SPY $SPX $AAPL $QQQ -- $TTD looks like its going to reverse soon so i opened a starter position -- july puts.
SE is highly oversold and has gained over 200% the three months. Looking at RSI in the weekly chart, we see that the RSI has reached 84. This is the highest level it has achieved since its IPO. Our second confirmation on oversold levels is that it is very far away from our 21 days moving average at $63.44. It has to at least bounce off the 21 EMA to reach...
Hey traders, the SP500 may be beginning it's next down leg and as such I've added 5 more shorts in overvalued stocks that the company insiders have also been selling in significant amounts recently. Follow along as I will update these trades as they unfold. Jared.
By issuing shares at these prices, shortly after reporting a good quarter, management must either see tough times ahead, or are just being greedy. Either way, diluting shareholders opportunistically is not a good sign. Expect more equity dilution from other tech darlings.
Less than two months ago, I suggested it was okay to buy TECH ETF's (they'd reached an earlier target I'd published). One I highlighted, the XIT (Canadian) has climbed dramatically and now that it's largest holding, Shopify has a market cap bigger than the Royal Bank of Canada, I figure enough is enough. After all it would take a very long time indeed to earn...
The Dow Jones is going down, and Covetrus Inc has followed the same pattern. Prices could hit 2 dollars within days. This stock was a spin off and failed long before the overall market dumped. Market is way too high. With the current crisis nobody needs this company.