chefdrewmem

chefdrewmem

6.60 by October 2021

chefdrewmem

Chart speaks for itself..

chefdrewmem

Presuming a Biden administration could ease tariffs imposed by the Trump administration, we should see relief in the steel industry and a renewed upward trajectory.

chefdrewmem

Pitfalls go unseen when your nose is to the wind. Dont get stuck at the top.

chefdrewmem

4000-4500 PT with 3600 becoming support

chefdrewmem

when i see Amazon anywhere near 3000 im lickin my lips. Besides the fact that no one is shopping in store this holiday season and yesterdays well placed news, that we really already knew about , isnt even a reality for at least 4 months and not to mention the small distribution range of those vaccines. Gimme a break. If you bought that rally, then you cant see the...

chefdrewmem

The downside poses less risk than the potential upside. I have begun a new position at 4.50, If the stock goes down i will add significantly and if it goes up i will buy the dips

chefdrewmem

The the upside potential far exceeds the downside risk

chefdrewmem

Nothing!!

chefdrewmem

June quarterly earnings by FedEx was a 180% surprise to the downside. While UPS posted a 90% upside surprise. Then FedEx drove its price based on Stamps earnings all which ignoring that FedEx under performed its industry.

chefdrewmem

In what world does a company that is completely reliant on on a healthy economy believe that it somehow should increase its value by almost 30 percent in the past 10 days while the world economy is the worst in history. Time for a huge wake up call. Plus a .65 cent dividend? Ok.... So the perception is that they are doing well to move the stock and trap investors,...

chefdrewmem

im not sure that ive ever traded one

chefdrewmem

For starters a short term signal is the 1 minute 50ma line crossing the 200ma at the same time the price crosses and closes below the 200ma. Second indicator is a resistance line from May that has held the price back on 3 prior occasions. Third indicator is a short term bear signal of the price breaking out of a rising wedge. The price should now begin to approach...

chefdrewmem

last gap at 108 and .78 from this level being 106 looks like this has a major correction in its future

chefdrewmem

At some point we must revisit the gaps.

chefdrewmem

we could begin seeing the filling of lower gaps as the Nasdaq heads into correction mode

chefdrewmem

potential return to twenties sooner than later

chefdrewmem

a bottom here for a return to bullish sentiment? hard to call, but remains a possibility.