After a 50% rise in the price of the stock, it seems to be natural for a little pause, before further movement. At today session, the rise was not so profound, therefore it seems that the stock price is getting saturated. I estimate that either tomorrow or Monday it will drop in the region between Fibo numbers, around 150 PLN.
384 M shares, 900 M USD - cash balance -------> 900 M / 384 M = 2.34 USD ! Nikola: no sales no strategic investor no factory no "material" prototype So once the stock is below 2 USD, perhaps, you can consider to buy it.
Virus is putting a pressure for companies to at least to test home office solutions. Slack is quite good service provider in this area. Lately IBM and UBER have chosen to be 100% with Slack. I see here now I possibility for a bounce. Besides, I have already tested Microsoft Teams and it is not yet as great as Slack.
Potential movement to the zone 53-54, as the movement below 50 was not continued. After achieving 53 USD just wait to see if the corona virus spread is contained. I suspect a further downside around 25-27 Feb. The virus spread is expected to be further increased and as always the panic has 14-day period, it means if it was this week, the next panic peak would be...
Buy at 930 USD, sell it at 985 USD, wait till it breaks 1000 USD (I suspect some short squeeze, so the price can go even to 1030-1050), and finally sell to 970-950 USD.
Just applying simple Fibonacci and supposing a short-term movement sustains. And I am using slack and I was also testing MS Teams. MS Teams is for the moment worse than slack .
If the oil manages to close the gap then buy at 55 USD, Target 57 USD
Nowadays the price of electricity in Poland is artificially kept low, which is one of the reason that utilities earn less than they do in market conditions. I assume that this situation will not be constant. The parliamentary elections will take place in November 13 and afterwards, the government will allow the market to adjust the prices of electricity. Besides...
As 737 MAXs can fly soon, perhaps the airlines that have many 737 MAXs may start to earn more money. Buy Americal Airlines NASDAQ:AAL and Southwest Airlines NYSE:LUV and at the same time sell Delta Airlines NYSE:DAL , which is not dependent on 737 MAXs.
Just looking at the graphs, maybe the history will repeat one more time ;) Market seems to have one more leap forward before a correction in the first 2 weeks of February. Last 2 days, we observed a nice upward movement at US stocks, but at the sometime Germany remain weak. US-China trade talks will be postponed later in the month with a big visit of the...
I am in Vienna now. Yesterday I was at the centre, just 1 hour before closing, it was a day before the Holiday (All Saints) in Austria and visited Apple store at Kärnter Straße. It was full and every time I see Apple Stores, they are full. Often I see people in the underground and at a first glance I don't know if they hold iPhone or other phone - lot of...
If profitable, than probably a so called short squeeze, which would be unpredictable and volatile and might reach 380 USD by Friday. Friday, publication of 3Q US GDP, which I suspect would be very good. Tesla on purpose changed the publication date in order to publish at the same day when the market would be positive. So I suspect double pressure: 1. profitable...
It seems logically that a market can recover a bit from recent drops. After all, so far the tariffs are known - maybe there will be a vivid discussion with China about new trade agreement.
if the above statement is true, price may reach 195 EUR. Sales at least in the truck sector are very good.
It looks 62 level may be tested soon.
just an idea, after a nice Friday (Feb-9) defense.