Im still long ETH because nothing has changed fundamentally. But looking at purely technicals we could come down to $2,000 support line. If we do I think we will move up to 3k relatively fast. So im a buyer of this ETH dip @ 2,000.
Current Price $0.04 Price Target $0.20 Long Term Target $1 Good time to add as we are hitting support ALYI for those who dont know is a EV motor Bike company. They are in the process of manufacturing for a June delivery of 2,000 bikes. They are looking to be the Uber of Africa by offering their EV bikes along with a ride sharing service.We have been talking abt...
This should boost oil companies like KMI RDSA BP etc. Demand should increase as we go into the summer (driving season). Iran will take months to get back to full capacity (mil barrels a day), think prices could run in the medium to short term.
ACTC - Current Price - $18.45 Price Target- $23.50 Options - $15c 4/16 ($345 cost, 0% till breakeven), $12.5c 11/19 ($660 cost, 3% till breakeven) Waiting for this one to break out of this clear bullflag its printing. As I have said before Proterra which has merged with ACTC is set to get a huge portion of the new government contracts and budget announced last...
QCOM Current Price $131.40 Price Target $165 Qualcomm is set to take a significant chunk of the 5G chip market that was dominated in the past by Huawei which is currently banned in the US & UK. 19x PE (FWD) & a 2% dividend is very attractive given the growth potential QCOM has. Recently the whole Chip sector has pulled back amid a shortage that will boost the...
Current Price $26.50 Price Target $32 I Like the oil sector (RDSA,KMI) going into the summer as prices are expected to rise which will have a significant positive impact on earnings for oil & gas companies. BP is trading less than book value (0.97) at only 9 PE (FWD) with a solid 5% dividend. This is a safer hold than most pure play oil & gas companies as BP has...
ETH continuing slide but we are seeing a double bottom at $1,800 level. If we are able to hold this level we should see a significant bounce before stocks start trading tm. Still bullish ETH nothing fundamentally has changed for ETH Defi & NFT's still run on ETH blockchain and 2/3 of stable coins still run on the ETH blockchain. Im Long ETH.
BP - Current Price $26.69 Price Target $32 I love oil going into the summer RDS.A KMI are both great plays but I love BP this week as BP is approaching a crucial resistance level around $27. They beat earnings last quarter like almost all oil and gas companies did, their dividend of almost 6% is very attractive as well.
QCOM - Current Price $130.48 Price Target $165 Qualcomm is set to benefit greatly not just from the chip shortage but the unexpected drop in supply of chips used for cellphones and handsets.Qualcomm’s Snapdragon 888, its new high-end chip with a 5G modem for Android phones. The newer chip which came out in Dec 2020 supports many types of 5G networks, the chip...
BFLY - Current Price $ 10.23 Price Target (short-term) $12.50 Long Term $20 This company created an Ultra sound that is hand held and can give you the same images and accuracy as the ones in use in the USA. The best part about the innovation is the cost reduction. These cost under 3k while most ultra sounds cost a million +. This innovative tech will be used to...
Chinese stocks have been beaten up tremendously I think its over done Good time to buy BIDU given the stock just bounced on support. Baidu provides internet search services primarily in China (Chinese Google). Last week Bidu launched China's first fully driverless robotaxi service. 25x P/E is relatively cheap for a self driving play like Bidu when you consider the...
LONG ACTC as they have merged with Proterra which is set to take advantage of the US investing heavily in EV's as Proterra is the leading manufacturer for public transport Ev's.
DMG BLOCKCHAIN SOLUTIONS INC- DMGGF Current Price - $1.41 Price Target - $2.50 DMG is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem.DMG Blockchain Solutions Purchased 3,600 Additional ASIC Miners last Monday. The investments into mining should...
Im a long term BTC bull but the technical action is screaming sell in the short term. After printing a bear flag last week and breaking out to the downside we are looking at a similar pattern here around 50k. I think BTC comes down to 45 k in the short term but continues long term uptrend given all of the fundamental tailwinds for BTC & the crypto market as a...
COINBASE - BUY RATING Current Price $336 Price Target $447 Coinbase has 10% of the entire crypto market on their platform. $COIN is the only US trusted crypto trading platform, therefor almost all US institutional investors use COIN to purchase crypto.This company has been deeply profitable for years and while its expensive at 600x P/E given there is almost no...
INTC has tested the yellow support line at $64 and is coming up now to test the black resistance line. Could see some big moves out of INTC TM and going into the next trading week.
EBAY Current Price $62.83 Price Target $75 Great value for an online retailer with 75%+ profit margins. P/E of 8x is very fair given the 20% growth Year over Year. Seeing an ascending channel for EBAY that should continue. Im long Calls
Boeing Current Price - $253.15 Price Target - $320. The CDC is now saying once you get vaccinated you dont need to be quarantined to travel. They even said you can travel with a vaccine at “low risk” this is huge for aviation sentiment which was already strong and growing. With consumer saving rates at an all time high and the green light to travel from the...