Equity financing has allowed CELH to avoid holding any meaningful debt on their balance sheet. Total revenues for CELH has grown at an impressive clip during it's 15 year history of being a public company. Despite their strong revenue growth Celsius has consistently struggled to convert their strong top line into strong EPS and profit margins, (this is partly due...
DUOL is trading at a price to sales ratio of roughly 14. Duolingo is a prime example of one of the covid era IPO's and SPACs that trade on hype without any earnings or sign of profitability. The technicals suggest more downside. I see a break below 93.5 support leading to a retest of current ATL at around 60.3, ultimately leading to another leg lower creating...
Made the call relating to the weakness on WHR's technicals a little less than a month ago. Now, the leg lower is about to occur. The move will be a sharp one, down to 137-139 Fibonacci support area. Likely more downside to follow this move. This is not trading advice. Good luck!
SSRM has traded in a range since the pandemic of 2020. However, the longer term trend for SSRM - going back to 2015- is upward. Obviously there is high positive correlation between SSRM and the spot price of gold due to the companies revenue streams which rely heavily on the price of gold. SSRM has wonderful fundamentals. Despite the companies relatively small...
CRM's breakout of its medium term downward channel looks pretty weak. Volume is slowing, while weekly and monthly timeframes are signaling strong negative momentum. The trend for CRM (at least in the intermediate term) is downward. I'm calling for a move down to the recent low of 154.60. Most likely there will be lower lows formed after this retest for CRM but we...
Fundamental outlook: BTC and other risky assets like SPACS and NFTs are taking the brunt of the losses so far as this global economic pullback unwinds. The bull case for BTC has become less credible thanks to steps being made recently to regulate the crypto space in the U.S. as well as rising interest rates and their negative impact on growth/speculative assets....
I see an Inverted cup and handle pattern here for WHR. Next target is 137 based on Fibonacci retracement levels. I expect more downside once WHR touches 137 support. With a medium term outlook, my technical analysis suggests a sizable fall in price for WHR. 110 a share seems likely within the next 12 months. This is not trading advice just my prediction on WHR...
Fundamentally I have little to say about VFC's business... other than a recent increase in debt levels VFC's fundamentals remain solid in my opinion. The technicals paints a very different picture. Subjectively, VFC has formed a long term head and shoulders pattern. A decisive move below the double bottom support level of roughly 45.00 a share should lead to...
Intel likely moving lower... need to see a move below 43.70 (support line in blue) to confirm further downside. Near term target of 38.50. However, A breakout of INTC's downward channel to the upside would signal a reverse in trend and create opportunity for long trades.
RUN is gearing up for a retest of the recent low at 18.55. A move below this support (depicted as the green trend line) should equate to another significant decline in RUN's share price. Think this works best as a short to medium timeframe trade. Warning: Earnings on May 4th could add to volatility.
move below 36.07 should trigger another sharp leg down for ROBLOX. Buying short to medium term out of the money puts to play this
SBUX heading lower, move below recent low at 78.90 should trigger a sharp move to the downside.
Green Rectangular area is my buy zone, the 77-63 price range looks good long term.
TotalEnergies bouncing above long term resistance trend line... I see a move to 72 dollars a share coming quickly here for TTE.
We made it to 240 a share. Next resistance around 256, Once we trade up to 256 then VRTX will retest ATH around 307. Buying volume at good levels, Strong earnings, Monthly MACD showing SERIOUS positive momentum, I'm Riding this trade until I see new ATH's for Vertex!
XOM has a multi year resistance line that it quickly has been approaching. This resistance line depicted in red has held strong since 2014 and Exxon has attempted to break above this resistance line several times since and has failed each time. What makes this retest different? Momentum and demand makes this retest different, In fact the move on the MACD has been...
The dashed green line is the support line for BTC as of the last two years. The break in this support line suggests a violent move to the downside could be on the horizon for Bitcoin. As long as we observe continued selling pressure on BTC from worried investors due to rate increases and a more hawkish fed we will see a sharp decline in price down to 31k then to...