About meI day trade off of buying and selling climaxes. Wyckoff and trend reversals are my study. I don't need a tradingview Pro account to make pro trading calls anymore just like wearing Jordans won't make you a better ball player.
With its low debt and STRONG cash position, CLCT will have 6 new board members to shake things up. Alta Fox which has a 5.4% ownership announced that they intend to replace 6 non performing board members with new board members more "focused on shareholder returns". This company is clicking on all cylinders, and business is good! CLCT is HIRING during the pandemic.
3M's inability to deliver those large amounts of 95% rated respirators at a time when it was critically needed. This forced municipalities and essential worker facilities to source for masks elsewhere. China has HAPPILY filled that needed void with their KN95 respirator.
3m left a small space in the doorway and China has slipped right in, they produce these masks...
This is ZoomInfo ZI which has nothing to do with ZoomVideo ZM, other than the fact that 90% of ZoomVideo's sales force uses (paid users) ZI for customer prospecting. All the other mega tech companies integrate with ZI also. That's how good they've become in the space. It has 1.2b in debt coming into the offering. The CEO stated they'll use the raised capital to...
This is a 100% software company. Stop looking for a F or GM valuation, it's NOT a car company. It's an innovation juggernaut software developer that puts its proprietary code into electric cars. SpaceX is a prime example of the TSLA expanded capability and innovation.
They say never try to time a stock, this is true, as it is futile. They also say, don't try to time the bottom. That's correct, you can never time the bottom. You can however buy when you feel "the time is right". That's the case with 3M for me. Based on my chart, feel the time is right. Looking for a bounce of the 61.8% fib which has provided support previously.
You can check my previous calls on this name with regards to the fundamentals of the trade. This trade however is purely based on technicals and the shorter tf. As you can see there is a classic bearish flag that has formed on the 4h chart.
What wall st is saying is that the lockdowns will accelerate subscriber growth upwards, that's fine. However, what happens when the lockdowns are lifted? Subscriber growth would be maxed out and declining. I'll be closing my long positions and going short at some point. Targets are on the chart.
Driven by DIY and the explosion of Youtube how to videos on everything regarding car repair and upgrades from simply changing an air filter to removing and tearing down an engine block. When you need a car part NOW, autozone is the go to place for most. This is one area that CAN NOT be disrupted by $AMZN. This company was clicking on all cylinders pre-pandemic....
This is a long play for SHAK which was in the midst of a bullish cup & handle continuation pattern right before the market meltdown.
The projected move is a melt up from this support level to the 38.2% fib and then the 50% fib line by July/August.
Wall Street loves growth with low to no debt. I'm already positioned from the low with $100 leap calls expiring Jan 2022