This is my long DKNG trade (which I entered)
I'm taking advantage of the big dip last week, I should have probably bought the stock yesterday but wanted to be on the safe side and watch the market and how the election rolled out. Earnings are coming up on the 13th & sports betting is once again gaining traction. with only 47% of float held by institutions I...
Today Zoom had a huge day which indicates this stock may remain strong no matter who is elected. This is may attract more buyer attention as people look for safe stocks. However, it's been considered this stock is overvalued. With the recent 25% sell off and possible stay at home orders on the horizon, we might see investors start piling back in.
My analysis is...
THE VERY GOOD FOOD COMPANY INC
Valuation
Market Capitalization
141.162M
Enterprise Value (MRQ)
55.25M
Total Shares Outstanding (MRQ)
73.141M
Buy now, thank me later.
If you watched my last video I set two levels as my prediction from AAPLS range today. It respected it well. Other Tickers such such as $NIO and $CVS which I Signaled in my channel. Held up well against the markets downside today. AAPLs divergence stayed true today as we saw a tight range , but regardless we continue up I believe. If you are long on AAPL make sure...
Another update, this time Apple AAPL
If it wasn't for elections I would have purchased apple after 3 candlesticks touched the red support/demand zone. However, due to elections I did not go through with this trade.
My bullish trade (what I would have done had this not been election week):
Buy: $108.46
Sell: $117.82 (looking for this price point no later than...
Zoom might have reached the bottom of their sell off, however we should be cautious entering positions with the current set up.
We have the bears and bulls fighting for dashed green trendline. So far, the bulls have been able to buy up the green zone, however, even though we see a small uptrend over that last few days. We have a negative delta divergence on the...
All signs point red, but with aapl anything could happen. Its sitting on top of a major suppor now, and watching EOD movement leads me to believe the buyers want to keep it within range. We will see if they get their wishs.
ROKU has been consolidating and cooling off recently filling most of the gap down left from a few days prior. The falling wedge pattern paired with declining volume is a bullish signal that a move is to come. Fib levels up to ATH above.
Markets dropping much faster than I expected, this could possible create a negative feedback loop, causing the markets to drop to lows seen back in march. Excited to see this play out!
Seasoned traders will know the influence USTECH has on world stock indices and several forex pairs.
I'm seeing something that I did not quite expect. I stick my neck out. But note that this market is not a true market. How? It is well known that it is artificially inflated by the influence of a powerful body called the FED. If you don't know the FED, stop...
Chart says it all, AMD just released impressive earnings + news on M&A (usually perceived badly). If AMD can breakthrough the descending triangle + past the resistance I believe a breakout is possible. However, if AMD falls below the red support + breaks the orange primary trend line then I firmly believe we will see a head and shoulders formation.
Notes:
I am...
