Tesla's run has been nothing but extraordinary but as always in trading the question is what is next. The two trendlines are just the 3 and 4 standard deviation regression lines from the range breakout from November. If you are in the stock you could take some profits below those lines but that does not mean to short the stock. The near term range low zone is 655...
Airbnb has a near term range from about 151 to 143. That area is resistance for now but if we can get a close above 151 there could be larger reversal play to the upside. For now we remain patient. So far there has been no trend. The next area of interest would be the lows near 121.
The9 Signed a Legally Binding Cooperation and Investment Term Sheet with Cryptocurrencies Mining Investors Led by Jianping Kong to Start the Cryptocurrencies Business The9 has begun to deploy its blockchain and cryptocurrencies business strategy. This time, we are cooperating with investors including Mr. Jianping Kong. They have rich experience and resources in...
DJIA is testing its recent weekly low. This is an important level because a close below 29956 could mean a further move down into the breakout rectangle support zone from 29530 - 28328. For now the trend is still up despite the heavy selling today but lets keep an eye out for how the market closes today. Volatility is up but not near the highs of December and it...
Special Ex Dividends have been paid out and its left a juicy money gap to fill. $PATI is oversold on the daily because of this drop. Remember....What comes down, will bounce back up! Enjoy the profit ride. #pati
$NNOX is one of those volatile stocks that took the world by storm. If you don't like volatility, it is likely best to stay away from biotech or healthcare. That said, there are alot of expected catalysts. $NNOX have been heavily shortened, and it is in the opinion of many that lots of market manipulation has been and is going on. The short interest is low and the...
ZKIN - Intraday - We look to buy at 2.33 (stop at 2.17) 20 4-hour EMA is at 2.37 The price continues to find uptrend on 20 EMA. We look to buy dips. Dip buying offers good risk reward. Daily signals are bullish. The bias is to break to the upside. Trend line support is located at $2.33. Price has formed a bullish ascending triangle formation. Our profit targets...
This is not just a penny stock, but also a good investment for long term, however if you're not planning to hold for long term, then I suggest you to take profits on each target level. -- Do your research and trade on your own risk!
This idea is based on my technical analysis only. Do your research and trade on your own risk!
Bantec, Inc., an unmanned aerial vehicles (UAV) and related services and technology company, focuses on the distribution and integration of advanced low altitude UAV systems, services, and products worldwide. It also provides product procurement, distribution, and logistics services. In addition, the company offers drones; drone accessories, training, and...
Sedg has had a great run and has been recently testing the top end of the range. Range highs and lows are always potential phase transition points. We will either see a reversal back into the range or a further breakout. Given the stocks recent big move and the overall sentiment in the solar space I am less confident about the breakout but I am still on the...
Beautiful discount 👌 This idea is based on my technical analysis only. Do your research and trade on your own risk!
Longevity Acquisition Corporation Announces Signing of Definitive Merger Agreement 4D pharma's Live Biotherapeutic Products (LBPs) are orally delivered single strains of bacteria that are naturally found in the healthy human gut. The Company has six clinical programs At the effective time of the merger, each of LOAC's ordinary shares issued and outstanding prior...
The range trade from November 13 has been like watching paint dry until today. You can see the overall decrease in the net volume amplitudes- a sign of little movement in either direction. With todays big move we now sit a little above the mid point of the range but where is amzn heading next? As long as the broader market uptrend remains intact amzn could be...
Wabtec has broken out of the 5 month range and is hovering near the top end of the breakout zone. The question is whether we will see a continuation of the upward trend or a reversal back into range. Given the strength in the overall market it would be safer to bet on the continuation of the breakout. As long as price holds above the 70 area the uptrend is still...
AST & Science LLC to Become Public Company Through Combination with New Providence Acquisition Corp. (NASDAQ: NPA, NPAUU and NPAWW) - AST & Science LLC ("AST SpaceMobile") is building the first and only space-based cellular broadband network accessible directly by standard mobile phones. - Combined company to have an estimated post-transaction enterprise value...
New opportunity is coming soon wait for it around 8.5 This idea is based on my technical analysis only. Do your research and trade on your own risk!
Cano Health, a Leading Value-Based Care Delivery Platform for Seniors, to Become Publicly Traded via Merger with Jaws Acquisition Corp. - Transaction values Cano Health at an enterprise value of $4.4 billion and is expected to provide up to $1.49 billion in cash proceeds, including a fully committed PIPE of $800 million - PIPE led by $50 million investment from...