ObiWanJacoby93

ObiWanJacoby93

I usually stray away from bio/biotech b/c of how volatile it is, but $EBS seems to be established with a $800M+ market cap, strong historicals, 20 PE ratio, and seems to be getting close to bottom. They also have an exciting narcan nasal spray product that can be sold over the counter they are working on releasing in 2023. Very relevant with all the overdoses...

ObiWanJacoby93

Here is what I am seeing on BTC from a TA perspective; I worked from a 5-year time window. - I used ~8 fib retracement indicators (I deleted them from the chart b/c it makes it look messy) then drew support and resistance lines where there was a confluence. - I've always used MACD, but this new MACD strategy indicator I found actually gives you recommended buy and...

ObiWanJacoby93

Did some TA & FA today on a long-term & dividend play I like. AT&T ($T). Are we in a recession, is a recession coming, will things get worse before they get better? People need cell phones. Food, water, shelter, then what? Cell phones! If you are looking for a safe play to start DCA'ing, IMO this is about as good as it gets for a safe, long-term opportunity given...

ObiWanJacoby93

I wrote this back in early April before it made it's last big run. I still feel the same way about the project today. As NFTs and DeFi grow I expect supporting Web 3.0 technologies to grow like #NKN. --------------------------------------- Been doing some research on New Kind of Network (NKN) and am REALLY IMPRESSED. TLDR SUMMARY: For Web 3.0 (Decentralized...

ObiWanJacoby93

Personally, I am very concerned with what will happen in the real estate market come July when people are expected to start being foreclosed on... Due to COVID this has been delayed for months... It could keep being delayed, but I have been hearing July is when it will start. This is what makes this trade HIGH RISK. Based on my TA I have given trend lines, entry...

ObiWanJacoby93

I like $RLC Long to bounce off the current FIB. Playing this as a 1 - 3 month swing trade. In addition to liking the chart $RLC was just listed on Coinbase and isn't even in the top 100 coins yet. IMO we will retest ATH sooner rather than later.

ObiWanJacoby93

Labor Smart ($LTNC) is on the OTC Market and is a high-risk / high-reward play. Consider starting to cost average at $.036459 Great entry price: $.02963 If it breaks the green trend line all bets are off. I would recommend a stop loss at $.0228. (24% loss from the great entry price level) They are building a Gig Economy platform and also have a sports drink...

ObiWanJacoby93

My portfolio is focused on calls, but I hate this company. I don't like the way they treat animals and I don't think they should be locked in cages, especially Orcas. If you have ever visited a Seaworld it is terrible. The park is open, but revenues are down over 50%, yet the company is at an all time high!? From a TA perspective, the chart is way overvalued...

ObiWanJacoby93

The government is printing money like it is going out of style right now. The US National debt is almost at 28 TRILLION, which is roughly 128% of our GDP!!! If this does not alarm you I don't know what will. Do you hear any plans to fix this or just hear more plans to spend more money? This problem started when we went away from the gold standard in 1973, at this...

ObiWanJacoby93

I am a fan of the "No Hassel, No Hagle" car sales model. I am someone that negotiates everything too, so that really says something. My first amazing experience with this model was with Drivers Select (moves more cars than any company in Texas / Privately owned). LOTZ has had a rough go at it since the IPO in January, but we seem to be starting an uptrend. -...

ObiWanJacoby93

In the words of Meek Mill, "They don't want to see the squad, they don't want to see the Wraith!" I think we are "Litty" again with this one boys and girls and it's time to hop in the Wraith. Rolls Royce - Iconic brand. Can you see a world with no Rolls Royces? - The stock is trading at an all-time low at $1.34, it IPO'd in 1995 at ~$2.35. - The RSI just...

ObiWanJacoby93

I am long on MARA at these price levels. Here is why: - The Elliot wave theory seems to be taking play here and it looks like we are about to start impulsive wave 5 after seeing corrective wave 4. Follow the patterns. - The RSI is bottoming out (oversold), perfect conditions for the tide to turn after a steep correction. - We seem to be bouncing off the 1.618...

ObiWanJacoby93

Most overbought it has been in a year. Don't see a big differentiator for them even with all their different brands. Whereas a company like $ACB has industry-leading operations. MACD is loosing momentum. My target price range is $5.5 - $6.95 There is a strong resistance at $6.95, but if this breaks we are headed down to $5.5.

ObiWanJacoby93

RSI just bounced off of being overbought. Risk/Reward ratio isn't there, very minimal upside. I'll wait for $10.75 and $9.90 entry points.

ObiWanJacoby93

Strong investment group with a good track record. The stock is oversold on the 6-month chart. Expecting MACD to cross over in the next month, gaining momentum, and pushing up towards the $14 level in the next 2 months. There is a downside support at $10.50. I like the reward risk/reward ratio on this one. Playing as a swing trade with buy levels at: - $11.55 - $11

ObiWanJacoby93

This is not investment advice, just my opinion on what we should expect to see from XRP. NEWS - www.bloomberg.com - Summary: Ripple Labs is being sued as of December 2020 by the SEC for $1B+ for failing to register XRP as a security, which they offered to raise $1.38B. - Side Note: SEC Chairman behind the lawsuit Jay Clayton issued the lawsuit right...

ObiWanJacoby93

Where are you spending your money during COVID? Where can you get a COVID test? Where do you get your medicine? Where can you go to get a cheap doctor visit? Where can you buy alcohol and tobacco? Rite Aid (RAD) is a yes to all of the above. They aren't going anywhere. The RSI is maxing out (Oversold) on all charts and it is near all time lows. If you want to...

ObiWanJacoby93 Updated 

I've been watching this one for a few days. It historically bounces off the 35% - 25% RSI mark, and is approaching 30% right now with a turn upwards starting - You can see it in the MACD as well as the momentum and moving average are about to cross. I am entering 11/20/2020 $5 calls with stop losses at $4.80 and $4.51. With price targets at $7.60, $8.40, and...