Crypto.com (CRO) Still Full of Potential & Extremely UndervaluedCrypto.com has had a rough past couple of months to say the least. A lot of fear uncertainty and doubt has been plaguing this coin since September due to a lot of internal changes and protocols. Despite the capitulation of Crypto.com (CRO) it still remains a top 20 cryptocurrency with a solid 1.4 Billion dollar market cap as of today.
A coin with already a ton of utility and adoption I believe Crypto.com is here to stay and will get picked back up during this bull cycle. This coin has a working product that many people across the world actively use everyday. Myself included. With that being said it has been trading at all time lows relative to its Bitcoin value and could be a great time to accumulate at these prices if you believe in this project.
On a technical side Crypto.com (CRO) may have potentially bottomed out in its Bitcoin value. It is still very much oversold on the RSI as well. This could present a great buying opportunity with a ton of upside from here in 2021.
Support: Around 166 Sats
Resistance: Around 430 sats
Cheers and be safe!
Undervalued
Investment advice and portfolio revealProbably I’ll post this text several times (under each ticker) that I mention below, as the meaning of the writing necessitate it.
Introduction and the mindset:
8-10% of my wealth is in the US stock market, other almost 90% in real estate in Europe. As for the stocks, you got to have a diversified portfolio in my opinion. As my experience tells me you can be lucky sometimes and you also gonna be unlucky at any given time (and unexpected all the time). So one can not count on luck and/or feelings (I call it being on Hope-ium). This is the reason for the need of diversification, especially in this unprecedented (word of 2020, right?) environment. Lots of analysts say the market is overvalued, stock prices are overstretched (the SPY and tech at least). I think this is partially true and it does matter sometimes, it does not matter too much other times and/or instances as you’ll see soon below. OK, too much talk already, I will show you my portfolio and talk about my ideas with numbers, entry points, targets and even risks.
My past fundamental ideas (as for reputation, not a bluffer):
In 2019 I only had 2 ideas, both based on my fundamental analysis and they were for investment (so, not for short term trade ideas). Tesla and Bitcoin. For TSLA my entry plan and buying advice was @ $426 in December (pre-split price, so if you are new, divide it by 5). For BTC I stated that I recon we have to wait for the beginning of 2020 (according to my plan it was most likely for about February) and buy the expected dip - according to my readings - at $5500. Of course Covid came and things got crazy, but we didn’t expect that. Lots of losses and learning, but here I share some useful thoughts and ideas. I learned technical analysis, but these fundamental ideas born according to my own research, also wanna add, I didn’t know any known influencer back then.
My recent/actual ideas and how to do it:
I divide my stock portfolio for 5 sectors in a way that if even 3 or 4 of them fails, the other 1 or 2 will pay out so much, I wouldn’t mind and never lose. My sectors watched: 1.REIT (they will pay dividends) 2.Energy (they will recover) 3.Commodities (we need them whatever happens) 4.Biotech (necessity too) 5.Insurance (self explanatory). The SPY is driven by tech, so I left it out for now (with a small exception), as no need to risk now, because tech is a bit overstretched at the moment and even if it’s going way higher, my ideas will too. But if tech is not going higher, I will still make profits (hence the so called ‘K-shape recovery’). Not easy to do this in such overvalued levels but not everything is expensive and also note, that not every cheap stock is going to die off, so the main buying habit of mine is what George Gammon likes also: “I buy a dollar for fifty cents” if I may quote him here. This idea means that I buy according to the actual (and my own) valuation, plus the current stock price of the company and not according to the momentum or the horde, in other words the ‘best performers’ according to popular Youtubers, similar influencers (or the mainstream media for that matter), as history shows that the majority loses and the minority wins (at least during those crazy unprecedented times like now when soon everyone is in the stock market examples I analysed: 1929, 2000, 2008). Doesn’t that tell you that it would be wiser to be on the side of Michael Burry during the 2008 stock market rally instead of everyone else? Yeah, I know, it’s not easy and also, “this time will be different” :D But jokes aside, I believe at least in a way this time it actually could be different, the task is to understand fundamentals, think a lot and make smart decisions based on your own research. And the more you read and think, the closer you might get to some advantage and solution that will pay off highly likely in every possible scenario in the future.
Why and how? A simple enough hint of mine for example is, if a stock is a ‘top performer’ that fact might actually mean it already did what we expected from it to do (otherwise why the term?), so you kind of could already be late, but you would never know. This is when FOMO comes in to play, beware! Sure, you can be lucky and participate in a bubble just like how it was with Yahoo in 1999-2000 but only afterwards (years later) could you for sure realize that it wasn’t a good idea to buy in around 1999 as you didn’t sell at the top (2nd of January, 2000) did you? Even though the “long term fundamentals” that they talked about back then, they all turned out to be 100% true, because tech went higher for sure, Apple is still a winning company, we are surrounded with computers, smartphones and it's all tech and internet and websites, we still use yahoo mail every day and listen to yahoo finance and so on. Tech is cool and king. Still, the dot com bubble was bad and painful for the majority. See, everyone was right except for the ones who bought in at the high prices because of FOMO. As you see now, those ‘top performers’ worked very well for those who bought in at the bottom or even half way to the top for swing trades (but that was just before you heard about them and not really any time later). So, the problem is that no one ever knows when is the top of a bubble or any kind of run up that is driven by sentiment if it’s not a slow and steady growth corresponding both the fundamentals and financials in other words the real growth of a company. So the solution is to better find one that is trusted and/or have future and not going bankrupt soon and is beaten down to the ground. That’s when you buy in. Warren teaches this too, but this is my own thinking and just a coincidence that the old man says it too. So, I reveal here all my stocks and investment picks that I either bought and/or had planned or advised to buy so far with my first entry prices during 2020 (not placed in order of any sort, but just random). The majority is investment for 3-5 years the exceptions are the swing trades (I mark them “swing trade” as they are not investments):
TSLA again @ $358 (pre split); NYMT @ $1; IVR anywhere below $4; NIO anywhere below $5 (swing trade); HEXO @ $0.74 (pre split); ASTC @ $1.82 (swing trade); CDEV @ $1; LMND @ $47; TXMD @ $1.2; LXRX @ 1.93; GNW @ $3.26 (swing trade); WPG @ $1 (pre split); CRSP @ $60; gold below $1700; AAL @ $10 (swing trade); AMC @ $2.84 (swing trade); BTC @ $5500 for investment (and was swing trade too, from $7000 to $9000 because I had to pay property tax and did it from the profit).
You haven't heard of this one but now is your chanceRadix will be huge in a year or two - it has been in development for many years and has one of the most impressive techs I have ever seen. Now the price is literally at ATL. An opportunity like this can never come ever again. It is availbale only on Uniswap now.
Is trend your friend?Every textbook will tell you to not trade against a trend but what if we do? Avalanche is a legitimate project which has been in a clear downtrend since October - all trends tend to end at one point or another. So how do I know now is the point? The answer is simple - I don't but if you will take a look at the AVAX/BTC chart you will see why now can be a good time to buy.
UTK Undervalued Gem!My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
The bigger picture for weed This is a 1-month chart, which enables us to see the very long-term trend.
Honestly nothing is really happening yet, we maintain a consolidation for almost a year, after a long-term heavy decline.
Fundamentally, nothing has shifted yet, but it looks like there is some interest with Biden getting nominated.
Stocks are undervalued; that doesn't mean they can become even more undervalued.
I am watching them, but don't feel the time is right yet. If you don't want to miss out, buy a 25% of what you would normally. I am keeping them on a watchlist.
Undervalued Steel BreakoutTechnical Analysis
We have a breakout on strong intraday volume (200% above 10-day average).
RSI @67 - still not overbought.
OBV has been supportive.
Because we are in a longer down-trend, we will see multiple resistance; which will very helpful to set your limits.
Risk reward ratio is great, using $32.3 as stop-limit loss, and $39 as a sell-exit.
Be careful of a fake break-out, as this is only the 1st day.
Fundamental Analysis
One of the infrastructure plays with expected fiscal stimulus, could be steel.
As price is king, it tells a more accurate story of what market makers think of the upcoming events.
BUYING ETH BREAKOUT OF PENNANT/FLAG FORMATION SET UP!BUYING ETH BREAKOUT OF PENNANT/FLAG FORMATION SET UP!
MMED, The Second Psychedelic Stock That Will Reach NASDAQAs some of you have witnessed CMPS IPO climb from 17$ to 43$ in 3 days, most of investors wonder what is the next psychedelic stock that will perhaps result in the same behavior. Of course, a lot of stocks from the psychedelic sector are still penny stocks and mostly Canadian stocks. Penny Stocks are a scary investment to some of you and I completely can relate and understand this. However, remember that around 3-5% of Penny Stocks still can be valuable stocks. But in any case, I am not here to convince you to invest in Penny Stocks or not, I am here to predict which one will rise and will have a very promising returns. The stock that I predict a strong rise called MMED or Mind Medicine, A Canadian penny stock traded on NEO exchange. The stock is a small cap, around 325 Million Dollars. Which leaves us a lot of space for a good long term rise. The stock by the time I write is around a 1.09$ and I am riding this stock from July, where it was around 0.45$. Around 6 weeks ago, MMED announced a NASDAQ up-listing, and rumors speculate that MMED will do a reverse split 4:1 in order to get the minimum price 4$ to be able to up-list on NASDAQ. In my experience, the stock is very reactive to news and rumors, and any announce of good news, will drive the stock 10% up minimum easily. Most of USA investors are not allowed to invest in Penny Stocks from any other exchange than NASDAQ, this is a good opportunity to buy this stock now and retail it on the NASDAQ up-listing to other investors. Of course, everything has a risk, and as MMED says, they do not guarantee to be accepted by NASDAQ, but once there is a confirmation, this stock will very bullish until the date to up-listing. I predict the price will hit minimum 2$ a share before NASDAQ, and once we up-list on NASDAQ, whether there was a reverse split or not, the day of up-listing will drive the stock minimum from 150% to 300% or more.
Edit: I do not take responsibility for any of your investment, strong return always represents a strong risk.
GSK - Price Target: 38.00 By November 20th~GSK Stock is A bit Undervalued RIght now.. Institutions have price targets of 42~-48
back on the Covid-low-trendline .. I dont see much Downside as Compared to upside.
Dip below 35.99 ~ 35.70 range Twice , back up to 36.30 <---- 50+ cent gap ups.
With Covid vaccine News coming any day now - Its this could be the next play.
No matter which company has the vaccine - I think its likely any Big Pharma Companies
Will get some Contracts to help produce the it.
this stock is owned 77% By instutionals,
With 3m Avg. Volume of shares being traded every day (very liquid)
Whenever the Tutes' are bullish on a stock you know something big is coming!
Adios Migos and GL' trading <--- This is just my personal idea/Reference chart. If your reading, have a good day! peace.
WBA LongHit crucial monthly trendline support and the U.S. government has finalized a partnership with Walgreens to deliver the COVID vaccine as soon as it's available! Not only that, but this company is significantly undervalued at the moment. I believe this is a great long-term play.
Intel breaking out Technical Analysis
INTC breaking out of a consolidation channel after its drop due to disappointing earnings.
RSI confirming breakout; at 62.
Intraday volume is above its 10sma average.
200sma lining-up with previous tested support. Breaking this resistance , would take us into next parallel channel.
Attractive risk-reward-ratio at 2.5, placing a stop-loss just below channel top, and profit-exit around the 200sma.
LONG MKR. - Sector Rotation / Important Defi proj.LONG MKR. - Sector Rotation / Important Defi proj.
UNIUSD: Key Resistance & Support - Long Position TargetsUpdated Chart with some key resistance and support levels to maneuver the landscape of the unicorn.
INTC in a world of overvalued tech stocks how could this happen?With tech stock P/E valuations going in to triple digits (Looking at you TSLA). How can company like Intel be so hated and overlooked here? It's undervalued both fundamentally and technically. Sure the company is going trough a bit of a rough patch, but c'mon P/E at 10 for a triple A tech company. I mean It's as simple as it gets, buy LOW sell HIGH. And this is as LOW as it goes.
MGM Clearly Bullish, Get In Before Labor Day!MGM's growth has been fenominal through the past month as it climbed to new record highs. We seem to be hitting a respectful resistance, but now we have a even more respectul consolidation. I cant see MGM retesting another other supply levels in the future, as these next few days will look good for vegas, and especially the ballagio! People from all across the west are booking rooms for labor day as they are confirmed "Travel safe during COVID-19" (Trip Advisor). This is an extremely undervalued stock and I have high expectation for the upcoming week.
Institutional buyingHigher lows/highs since may. We can see there has been institutional buying since june, which explain the recent price spikes. TTM PE = 13.2 accounting for current assets- total liabilities.
Bullish Charts - FDA Grants Orphan Drug Designation for LymphomaMiragen Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in discovering and developing proprietary RNA-targeted therapies with a specific focus on microRNAs and their role in diseases where there is a high-unmet medical need. Its four lead product candidates include cobomarsen, an inhibitor of miR-155 for treating various blood cancers, such as cutaneous T-cell lymphoma, adult T-cell lymphoma/leukemia, diffuse large B-cell lymphoma, and chronic lymphocytic leukemia; Remlarsen, a replacement for miR-29, a microRNA that is found at abnormally low levels in various pathological fibrotic conditions, including cutaneous and ocular fibrosis, which is in Phase II clinical trial; MRG-229, which is in preclinical trial for the treatment of idiopathic pulmonary fibrosis; and MRG- 110, an inhibitor of miR-92, a microRNA expressed in endothelial cells, which has completed two Phase I clinical trial for the treatment of heart failure, wound healing, and other ischemic disease in the United States and Japan. Miragen Therapeutics, Inc. was founded in 2006 and is based in Boulder, Colorado.
LATE BREAKING NEWS AFTER HOURS - POSSIBLY A BIG SPIKE IN THE MORNING
miRagen Therapeutics, Inc. (NASDAQ: MGEN), a clinical-stage biopharmaceutical company focused on the discovery and development of RNA-targeted therapies, today announced that the Food & Drug Administration (FDA) has granted orphan drug designation to cobomarsen, for the treatment of T-cell lymphoma.
DAILY CHART IS BULLISH
OBV is Bullish
MACD turned up Bullish
RSi crossed center line and turned up, Bullish
PMO is turning up, Bullish
This little stock could spike hard.
Best of luck everyone!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Updated BTC Cycle Targets and DatesIn 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.
LONG OVER 60 - We played this one before! 4:1 R/Rstill holding my initial position and looking to add over 60s
Bullish CHarts - Undervalued, $1.1 B in Sales, 97.3K New UsersEndurance International Group Holdings, Inc., together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses in the United States and internationally. The company operates in three segments: Web Presence, Domain, and Email Marketing. It offers Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting solutions; Website building tools; domain registration, management, and resale services; malware protection solutions to protect subscribers' Websites from viruses, malicious code, and other threats; and backup control solutions that enable subscribers to schedule, maintain, manage, and restore backups of their online data and Websites. The company also provides email marketing solutions that enable subscribers to communicate with their customers and potential customers through email; products that enables subscribers to sell their products and services online, including secure and encrypted payments, shopping carts, inventory management, online marketplace listing solutions, payment processing and related services, and mobile payments; and search engine optimization and marketing solutions. In addition, it offers solutions that allow subscribers to have their Websites and email marketing campaigns rendered on mobile devices; tools and services that enable subscribers to communicate with their customers and potential customers through social networks; business productivity tools that include professional email, word processing and presentation software, online storage, shared calendars, and video meetings; control panels and dashboards that offer subscribers with tools to analyze activity on their Websites; and professional services, including Website design, marketing, social media management, and Website migration services. The company was founded in 1997 and is headquartered in Burlington, Massachusetts.
Many traders may not realize, this company owns some prominent & well known assets including CONSTANT CONTACT, BLUEHOST, HOSTGATOR & DOMAIN.COM among others.
Many of these services we all use on a daily basis.
On 07/14/20, Endurance announced Prelim. Q2 Sales of $274 Million, Net Subscriber Additions of 97,3K, and FY20 Sales of $1.1 BILLION
On 07/15/20, Credit Suisse Lifted the price target on Endurance to $9.00 - (I think this is very conservative especially after seeing the assets the company owns)
The Daily Chart looks BULLISH
50-Day MA is about to cross up and over the 200-Day MA, BULLSIH
Volume is Green, Bullish
PMO is Bullish
MACD is Bullish
RSI is Bullish
Stochastic is Bullish
OBV is Bullish
Accumulation is Bullish
Folks, if you look back at our previous research picks, we've made a lot of great calls. Look at APT, WRTC & SPCE today, to name a few. We think this stock is worth at minimum, $15 to $20 a share after looking at the assets they own.
We think the assets are worth more than the stock price right now. CONSTANT CONTACT, BLUEHOST & HOSTGATOR are very well known in the technology industry.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Timeline: NIO vs. TSLA = NIO Target $350 to $500Don't shoot the messenger!
I have a timeline of Tesla below which should put a price target on NIO North of $400 to $500 a share.
www.thestreet.com
As we stand today, NIO is much more successful than Tesla ever was and at this time, or there a bouts, compared to Tesla at or around the same time period in production & sales, Tesla was trading north of $360 a share and only delivered 2,400 cars compared to NIO delivering over 46,000 vehicles.
"Entering 2018 Tesla faced several difficulties. Missed predictions had led investors to dump the company's stock, and in the middle of 2017 it lost more than 5% of its value in a collapse worth $12 billion. By January, 2018 Tesla was producing its Model 3 sedans at a fraction of the rate it had anticipated. Over a three-month period the company managed to finish and ship 2,400 cars after promising consumers and investors that it could complete more than 5,000 per week."
On 07/02/2020, NIO announced as of June 30, NIO delivered 46,082 vehicles with 14,169 already delivered for 2020.
These sales figures topple what Tesla sold and at or around the same time period, Tesla stock spiked to around $389.61.
These are real figures from the Tesla timeline I have listed herein and using monthly stock charts for Tesla's stock price at that time period.
NIO is also in much better financial condition than Tesla ever was at or around the same time in the production and sales cycle / timeline.
Folks, when you look at the monthly stock prices for Tesla, and compare the timeline link I have herein, NIO is extremely cheap and deeply undervalued at current levels.
Also, NIO has the Chinese Government behind them. Tesla, at or around when the company started, only raised $500 million from a DOE loan and Tesla was burning cash like water.
NIO just raised almost $1 Billion in funding. NIO is financially in a better place than what Tesla ever was.
The way I see it, the Chinese Government will not let NIO fail to Tesla, a USA auto company.
In my opinion, after researching Tesla vs. NIO, I personally think NIO should be trading at or around $350 to $500 a share with their financial and sales figures.
Best of luck longs!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
