BA just making bullish runs up, flags, bullish runs up, flags rinse repeat if you missed out, buy at the breakout of the next bull flag STILL HAS LOTS OF LEGS TO GO UP! -> my target is the purple line
I set my order to buy the break of 1.55 but not super experienced with penny stocks Upon opening because of the gap up, it auto filled me at 1.90 - freaked me out because with penny stocks, a few cents more is a big deal to your position size I didn't actually wnat that price so had to trim my exposure by 1/2 due to poor fill price luckily stock rallied and my...
already put my analysis on the chart drawings vaccines rolling out, I'm bullish because we need 100000000 syringes plus my entry makes my risk proposition super low - risk 1 to make 4, i'll take that any day Even if price doesnt hit 20$, I'm still risking 1 to make 2 or 3 which I'll be pretty damn happy with in less than 1 month just a trade idea i found and...
I entered into this trade on monday What I saw? longggggg consolidation after a huge up - did not want to enter while price was consolidating consolidation = price goes nowhere = capital tied up = getting frustrated from having your position go from green to red, red to greed, greed to red and freaking out about almost having stop losses triggered or even having...
probably a 99% chance you make money on this I'll personally buy some ATM call options/debit spreads for 6-8 months out and close my eyes solid balance sheet good technical set up holds trendline support super well ready for purchase at this price point/retracement once that weekly price crosses 200ma, you can sell some position or ride out to target 2 with...
Going to create a starter position Maybe 200 shares and just have it sit in my long term portfolio Chamath is an investor here
I don't know much about this company except that it landed on my radar from hearing about it. Based on the parabolic move that happened since March when it was trading at around 1$, this thing has made like 1400% and pulled back. A break out above 14$ will send this stock flying. Otherwise right now its trading within a triangle/ascending wedge so don't get...
DBX - as I scoped around on youtube. Lots of people considering this as a good value play with over 30% of margin of safety Thesis is this is a beaten down stock and is being disrespected and ignored. Massive rounding bottom is forming here. Solid balance sheet High margin business Fantastic revenue model Undervalued with respect to market cap, cash on balance...
NASDAQ:DXCM Below you'll find a chart of DXCM, a medical device company that manufactures diabetic devices. Really popular brand and praised for their innovative tech. As you can see, it had a massive up and now its been consolidating for a few weeks as a result of the crazy buying that occurred for months. While it has found a bottom, its trading in what we call...
Above 4$, this thing is literally going to RIP - no resistance whatsoever overhead Fundamentally great company - operates a MJ super store in Las Vegas with plans to expand to major markets in LA - these stores are like the Disney Worlds of Weed Good company for a take-out target or just grow massively. But due to the fact that its a penny stock, some risks...
Pretty easy to see on the weekly chart, we have JMIA trying to break 20 and run to 28. A clean close above 20$ means we got momentum to run to 28, eventually (give it a few weeks, maybe 1-2 months honestly) Trade Set Up Buy-Stop 21$ Stop Loss 19$ Quantity of Shares: 1000 Potential money at risk: 2000$ if this trade doesn't work I may opt to buy some options on...
SNAP has formed a solid base and is close to finishing its handle formation Has spent some time in this base so I would suspect a break of ATH could lead us to R1 of 30$ which was the IPO price Upon taking out the 30$ price which I suspect it will after falling drastically over the last few years, we can see the social media company continue to propel upwards -...
Weekly Inverse H&S presents us a pretty decent long opportunity Purely technical play Entering at the break of 110 confirmed by a weekly candle closing above 110. This would mean that this trade could take another 1-2 weeks to materialize One way to play this is to purchase an ATM leap call for jan 2022 expiration with the intention of closing once price hits...
RSI getting close to reaching previous ATH Price over and above 100% fib extension Up over 15%+ in a week Price needs a healthy re-tracement Good time to take some profit off the table and re-enter trade at a big pull back Fundamnetally this REIT is way over-valued - its a trading instrument, not something you invest into - highly speculative I'm watching the RSI...
wanting to get into the markets again, but need for a pullback to enter
I think long term JD has a lot of upside. Thinking of a long term hold.