Different position now than a year or two ago
Inflation driving their portfolio up. More people are driving and need cars, automakers are slowing on car making with oil, driving up the price of normal cars for now until the switch to EV's is more underway
Also commitment to higher market and TaaS (transportation as as ervice) and are partnering with TSLA by...
Supports and resistances are converging
Blow out holiday rental season due to bad weather should ensure the right supply / demand characteristics to help boost this company at a much needed time.
Hopefully the extra cash helps them in their purchasing of the TSLA fleet
TSLA is already committing to order fulfillment at this time rather than introducing new models.
Target: $375 Whiplash Bear Shakeout
Looks like facebook is turning the corner. The key here is to look at the numbers and the bottom line and ignore the negative news.
It is a cash machine that owns the world's communication --
Facebook Groups will eventually be monetized
Facebook groups that go into the 'metaverse' and can do...
I cannot suggest enough that you get into this stock at its 200d moving average resistance and before their metaverse rebranding announcement.
They are creating an entire new virtual reality world and I am sure they will use some sort of cryptocurrency
Last shake out with a well-timed DWAC shenanigans press release
Earnings controls attention, attention IS money.
This is the last time we will see FB this low before earnings.
This is not trading advice
Anyone who has read the earnings transcript can easily fill in the blanks that this should not have been a near -20% drop
Someone REALLY BADLY WANTS YOUR SHARES
There is no way this should have dropped as much as it did which means big hands are manipulating the stock.
The headlines are reading ' miss on revenue '
But ignore adding cash to balance sheet and a...
Safe bet on gopro before blowout cybermonday sales and new recurring revenue model
They added cash to their balance sheet and now their prospect is safer and there is too much pessimism built into the price.
RSI is has 3 higher lows
MACD is consolidating
Companies brand moat of quality has created what people desire most
They are the iphone of adventure durable cameras
12.5%+ short float about to get squeezed -- that is too high for this company
We will look on their balance sheet to see how much cash they have built in to their balance sheet while simultaneously...
Completion of elliot wave series and ABCD retracement
Finding its bottom
Upward Crossover of MACD
Last week was at $1, now $1.5
Momentum down is flattening and finding a bottom around $150 or fibs 38.2% to 23.6% -- a favorite place to accumulate for institutions -- these settings are for fib retracements between $1.05 and $2.95
Up From here. may be last chance...
50 day moving average was tested.
Resistance around $1525
With upcoming election and increased political spending by politics and increased spending power from printing trillions... this is a winning decsion
Upwards potential considering the riskiness of hertz decreases some unkown percentage now that it has slapped together a deal with credit suisse to handle their debt.
Slightly better probability now but still significant downside risk of bankruptcy.
The bet is will this company go under ... forever ... or will it emerge from bankruptcy lighter on the books and...