Elkinthewoods1

Elkinthewoods1

looking at Fib retracement along the channel trying to gauge a reasonable scenario. A $130 target for Jan 1 is well within the existing data trend. Looking at options for early Feb in that range. One caveat is that our last two months are typically big for online retailers, which may buoy BABA a bit.

Elkinthewoods1

The past couple of days were exciting. After hours traders (buyers) likely took one in the pants, but what I offer is this: remove after hours trading. Look at how yesterday influenced any and all indicators. I think $20-22 is a great entry point here with another big push coming in the next few weeks. Over-hyped - yes. Oversold - yes. Overvalued - maybe not at $20-22.

Elkinthewoods1

Looks like PALL is repeating a previous pattern. Very cyclic and resolves well with Williams Vix Fix. I see a local bottom that was supported with strong resistance from Aug 2021 to current. If growth is continued as anticipated, this commodity will rebound. If safe havens are sought, this commodity will also grow. Solid indicator data fitting PALL for a 20%+ gain...

Elkinthewoods1 Updated 

All positive on the DAL front with 2x revenue growth and positive earnings surprises. Recent fluxes likely media and sentiment driven, but fundamentals here are sound for a huge ROI in a rapidly recovering sector.

Elkinthewoods1

Long term ascending channel with a set up for a leap to $200 by mid 2022! Maybe its all too optimistic, but Apple is here to stay.