SimplyCash

SimplyCash

One of our favorite speculative and strong fundamental value plays as a "pick and shovel" for the uprising EV sector. Bounced of the long term trend line - PT $50.

SimplyCash

Could have reached the end of impulse Wave 5 and setting for an ABC correction pattern.

SimplyCash

A well-needed healthy pullback occurred and touched the 50SMA - should see money pouring back in for the January effect around the corner. An $ARKG favorite with a heavy weighting in their portfolio. Perfect opportunity for sideliners to have taken a position today. Good luck!

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Lots of selling pressure due to the recent results release. Looking like a perfect short opportunity.

SimplyCash

Apple is in a strong uptrend as indicated by the positive ichimoku signal and trading above the close. Price target $140.

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It was recently revealed that Mr. Jack Ma is has kowtowed to the CCP and offered portions of ANT services to the Chinese Government in order to pacify relations. From a fundamental perspective, all of the bad news is baked in and the technicals are looking great for a great value play. This name has been beaten down for so long, we categorize this trade as a lower...

SimplyCash Updated 

XRP has been consolidating for some time since the last pullback of Bitcoin. Ultimately, will follow the direction of Bitcoin. We are bullish and long for a PT of $1.00 next.

SimplyCash Updated 

Today's sudden spike to 15% highs can be attributed to the circulating rumor of a $CSCO merger. Regardless of whether that's true or not, the technicals are screaming that this is a buy. Upcoming earnings and a huge gap which needs to be filled to the $120 area. We are long and extremely bullish on this trade.

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ARKK continues to add and so do we on every dip below $200. Expecting a breakout any time in the next several weeks. Bullish divergence. LONG

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Patience is playing out for longs on this one. The chart is creeping up towards the 0.768 Fib extension target of $23.48.

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Fundamentals are lining up for this mega cap biotech. Pfizer, an international household for medicine and vaccines will be the biggest distributor of Covid-19 vaccines. Having the precedence of UK emergency approval, there is only upside for this name as they rollout vaccines to the rest of the world. We see every dip as a buy opportunity.

SimplyCash Updated 

Broke out of a consolidation pattern much earlier than anticipated and with volume. Expect more upside. Reasonable price target is $115-120 by eoy.

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NIO has entered a downtrend on the daily - it looks it wants to test the 50EMA support around $43.00. If that doesn't hold and we see more volume selling, look for $35 as a target at the 100 EMA or 0.618 fib retracement.

SimplyCash Updated 

The chart is following our previously mapped out impulse wave. Confirmation of Wave 4 pullback to begin Wave 5 to $72-75.

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Facebook has been in a long consolidation pattern and the sideways pattern is nearing to a decision point after a long Section 230 saga with the Zuck in the hot seat. Facebook is a money-making machine and we are bullish for more upside momentum as Christmas approaches. Bullish divergence and positive money flow back into big tech is a pretty good indication of a...

SimplyCash

Cathie Wood was right, as she usually is. I would stay far away from this unless you're highly skilled at technicals and would play another dead cat bounce. No Position, never will.

SimplyCash Updated 

We may be upon completion of the Wave 4 Elliott Impulse if the long term trend support is held. Wave 5 leads us to the next PT of $71.22.

SimplyCash

Every ticker has its own behavior. The observation with AMD is that there are long periods of consolidation with a violent move upwards and multi-day runs. The chart is indicating AMD is trading in a tighter wedge pattern as time progresses. Will be looking to add heavily if/when it ever reaches the $75 area on the daily support trend.