DraftKings looks great. A bullish engulfing on the daily, NBA returns soon, and more partnerships with sports teams. Sports betting has a huge total addressable market once legalized in all 50 states, which I see happening over the next few years. They’re a forever hold for me and I can’t wait to see where they’re at in 5 years. NASDAQ:DKNG
Ethereum just broke this rising channel and is starting to turn bullish like Bitcoin did recently. I have this on heavy watch to start moving higher. Next resistance around the 800 level...can it run? COINBASE:ETHUSD
Comparing this run to the previous pop to 19k...look at these similarities. If another trend like this continues, there’s a chance Bitcoin can TRIPLE from here still. I expect some mental resistance at previous all time highs, as there is little to no resistance levels until then. This is on heavy watch for me! BITSTAMP:BTCUSD
Tesla announcement, being added to the s&p...now all the funds that track the s&p will be adding Tesla shares. This can drive the price along with public excitement. I expect another run similar to its previous, giving me a potential end of year PT over $600 NASDAQ:TSLA
Here’s some arguments and trend levels for SPY if this market continues. You can see from the pink lines where we ultimately traded sideways for a number of years before starting this bull market. As it continues, if it does not end before 2022, here are my levels
Lockdowns starting, schools going online next week, and best of all potential reverse head and shoulder movement forming? Zoom is on heavy watch for me for a short term movement. As a long term company, globalization will continue to push this household name higher NASDAQ:ZM
Lockdowns restarting, stay at home stocks getting crushed recently from vaccine news...are we setting up a gap fill to leave an island down below? Would be very bullish if this is the case. Keeping an eye on them for any trend break! NASDAQ:ZM
Bitcoin seems to be breaking another fib level, which it has been respecting relatively well since the previous bull run. Just one less resistance away from all time highs. How high can we go in the near term?!
Bitcoin is nearing $14k, seeing little to no resistance until all time highs from the last boom. With worldwide acceptance seeing an uptick and the decreasing value of the dollar from inflation and stimulus, we could see an increase in value for BTC. Keep their weekly candles on watch. If BTC can decouple from the stock market (not tend to crash and climb when the...