TESLA - No one seems to be talking about it. Classical hype peaking?
We think so. What gave TESLA a bullish run was not its futuristic earnings but its hype.
We have first target of 600$ and then 400$ as a second target.
We remain bullish on USDJPY pair. We expect 100 soon.
An investor in Japan had to hedge for currency exposure if he/she wanted to invest in US Treasury market. That hedging costs used to eat out any yield from US bonds, making Japanese investors uninterested in US bond markets.
With the rise in US bond yields, that picture has changed! Investors in Japan can...
While the bond yields are going up (cost of borrowing), the sector that would greatly benefit from
news like this is no one else but our good old banking sector. It would be a good risk-management in these
fluctuating days to have some bank stocks in your portfolio. Here are some possible support points for
BAC. We would recommend buying more each time it gets...
BTCUSD forms classic descending triangle . Bulls should be careful.
This is short-term picture. All risky assets drop due to rising bond yields. In the big long-term picture, however, Bitcoin looks good. Correction was due.
After following successfully the pattern that we shared on FEB 7, TQQQ dropped to the prices that we expected it to be.
-With currently standing at a double bottom, a drop that came with a bull flag formation, we see this as a good price to enter
for mid and long-term investors.
-For short-term investors we suggest to wait for a trend reversal and then hop on the board!
AIRBNB, the future of the hospitality industry is reaching its first earnings report since the IPO!
-CCI looks bullish having the current price standing below the average.
-Chart looks bullish as well standing at a very close point to the support!
Wait for a reversal or a touch to the support, once either of them is done get in!
For the ones who are long-term on...
Having a healthy correction after a long climb, Etherium is a strong buy at this price!
Has couple resistances around 1,731 and 2,031 but will definitely break them with no problem!
Please share your thoughts in comments.
After the pandemic-related increase in e-commerce, BABA saw tremendous increases in its revenues.
However, recently they had to drop some heat which resulted in a 15-20% drop. With the current drop, it seems like
BABA reached one of the strong support points which can give us a quick jump back.
Leave your thoughts below and follow us for more updates and daily...
After a healthy run-up, Amazon seems to cool-down. Jeff Bezos stepping down has a big role in stagnant days of AMZN stock.
Having strong revenue increases during pandemic, AMZN will continue to rise in long-term. With added online stores across different platforms,
pandemic killed the shopping centers for once and for all. Moving forward, we can confidently state...
-Liquidity Services operates a network of e-commerce marketplaces. Its online auction marketplaces include: Liquidation.com, GovDeals.com, Network International, GoIndustry DoveBid, IronDirect, Machinio, and Secondipity.com.
-Mainly Liquidity Services is popular for the auctions that they have for Amazon's inventory.
-Wholesalers are buying in bulk from LQDT and...
After rising tremendous rates during the pandemic, Zoom got into a Cool-Down period.
Now that the bull flag was completed it is set again for a good rise!
Income statement: 2018-2019 --> +298.43% increase
2019-2020 --> +233.66% increase
Cash Flow: 2018 -2019 --> +164.24% increase
-Sumo Logic is a cloud-based machine data analytics company focusing on security, operations, and BI usecases. As we all know Interned Of Things sector has a bright future and Sumo Logic is a big player in this industry. Recently collaborated with Amazon, Sumo Logic stands strong and bullish at this point.
-Increase in ROE (2019-2020): 59.68%.
-Entry Point: In...