EBITDAtiger

EBITDAtiger Updated 

With a track record dating back to '09, anytime more than 94% of companies in the S&P trade above their 200-day MA, there is an ensuing sell-off. This doesn't indicate an extreme sell-off but rather a cooling of the coals that have become too hot. But still, look out below. When the VIX goes so low and this indicator goes so high, it is a red flashing signal to...

EBITDAtiger Updated 

The numbers back it up. pile in. Shorts have yet to cover and may have increased their short position more since 3/15/21. I have $35 strike calls 4/16 expiry. It's like a southern dicks sporting goods that have the majority of its locations concentrated in states that don't have mask mandates.

EBITDAtiger Updated 

Another Reddit target is looking extremely ripe. Whatever short-sellers are crowded in there did not do their DD or realize how crowded it was. Whispers are that they have the 3rd batch of crypto mining rigs going online on April 14th. seekingalpha.com www.reddit.com twitter.com

EBITDAtiger Updated 

There is a double bottom that has formed in the GOLD spot price itself. The best way to play this is GDX in my opinion. This has been sold off heavily and looks to be ready to break the downtrend with the combination of the double bottom in the gold bullion prices that will allow the miners to have even more pricing power in this inflationary time. I'd also...

EBITDAtiger Updated 

Yes, you heard it here first, I am going long and strong on Playboy, a pure play on boobs and NFT's. Their vaults are bulging (no pun intended) with content just waiting to be converted and sold as NFT's. They had their initial pop and the stock has been bouncing around ever since (lol) but has recently appeared to have found a footing at the $25 level which...

EBITDAtiger Updated 

ETHUSD could have more room to the downside. The overall trendline has not been checked back to yet since the major support at 2,000 was broken. Hopefully the 21 day EMA or 50 day MA act as support, but if that doesn't hold true Ethereum should be headed lower.

EBITDAtiger Updated 

MDT price target was just upgraded to $133 by Citi. I see it overshooting that in the long run. Elective surgeries have been put off and doctor visits have been down throughout the pandemic so the amount of pent-up demand for surgical/medical care is going to be through the roof. With an aging population, healthcare is a MUST as a sector to allocate to. MDT is...

EBITDAtiger Updated 

ETHUSD 4H chart is looking healthy with a bullish cross of the 21-day exponential moving average up through the 50-day simple moving average. This consolidation looks very healthy and could be just what the doctor ordered to once again make new highs. More stimulus, even if it is much less than 2 trillion for the infrastructure bill, will contribute to more...

EBITDAtiger Updated 

Don't think I've seen something like this specifically in a long time so not sure what it indicates. Looks like a pennant formed off the previous pennant and subsequent upshoot. Hopefully, this helps the next leg higher as DOGEUSD continues to gain mainstream appeal.

EBITDAtiger Updated 

There appears to be a pattern forming that cycles and could signal a pop or swell in the vix. With the way the geopolitical landscape has been, I would assume it would be a pop based on a certain piece of news or an event. A swell would be more worrisome for the overall market. There was a great post here and I can't remember who posted it, forgive me, but they...

EBITDAtiger Updated 

DDOG has broken its recent downtrend and it appears to be repeating a cycle annotated on the chart, MACD, RSI with white trend lines where it should test its previous resistance. DDOG got caught up in the IXIC / NDX sell-off but appears to have significant support at the $75 level. Might be a decent short-term trade if it passes the RSI test at 50. Fundamentals...

EBITDAtiger Updated 

The daily chart shows a pennant forming, confirmed on the 4H chart. Could see a test of the 50 RSI and a bullish MACD cross based on the daily chart, if successful, it should break above the pennant channel and test its resistance, potentially breaking above resistance (most likely on the second attempt). No matter if it's crypto, commodity, or stock, it will...

EBITDAtiger

Bullish flag formed in AMD As Intel rumors were confirmed, AMD took a beating. But these rumors are non-threatening, at least in the short-term. Intel has yet to finish their 7nm chip whereas AMD is already working on their 5nm chip. AMD is way ahead of the game, more involved with gaming than intel because of their additional console exposure. Intel's new Fab's...

EBITDAtiger

Bullish pennant on 4H chart with declining volume. Sellers might be running out of steam. BA also popped up with unusual call option activity coming from the institutional sector just based on the size of the trades/cost of options and surprisingly they were options that expire this week. What do you think it's going to do? Pop off and make those options print...

EBITDAtiger

VIAC announced new shares will be issued diluting the current value of their already overvalued shares. A double top has formed on the chart. Correction ahead as there are multiple options for the underwriters to buy more shares after the initial offering, meaning the dilution could continue. When a company sells its shares, it's essentially recognizing its...

EBITDAtiger

Economy is recovering quickly. 10YR is expected to hit 2% sometime this year, I suspect it to occur near the end of the 3rd quarter; so the end of summer. Not only will everyone be vaccinated backed by warm weather, low infection/death rates, and reopenings in full-force, we will have less unemployment and a stronger economy leading to higher yields. This could...

EBITDAtiger Updated 

After a corrective wave bitcoin's space shuttle should be refueled for take-off. It appears the corrective wave has already started and will not be too drastic making it a period to Hodl or just buy more. I copied the first impulse wave's pattern and imposed it at the end of the potential corrective wave which takes us to $90,000 by the end of June this year....

EBITDAtiger Updated 

Depending on where you call the start of the correction, the final 20% drop level is different. From Peak (in blue) = 28,500 From recent low (in yellow)= 26,500 From recent floor (in red) = 25,000 When the TVC:US10Y hits 2%, the Nasdaq could see a 20% drop as they are the growthiest stocks with the most minimal dividends. DJI is the safest from the rise in...