Probably GOOGL topped out around $820. Once a TWTR TWITTER thing settles down we can get a clear direction where it is heading. But if it has been really topped out then we can look for short side play. So wait for next few weeks/months. but a pattern is developing and it is in a very early stage. Google CEO Sundar Pichai NEEDS TO WORK HARD LITTLE BIT MORE WITH...
TWTR , a big name in social media. But who wants to buy Twitter and why? Well what ever the reason is I am not buying it as it doesn't make sense to me how a general everyday service product should have such high valuation? I would but TWTR if it's under $10. Actually let me take it back. My valuation is around $1-$3 at best. Because Twitter didn't add value other...
CRM Salesforce is gone. Even though it is trying to buy Twitter but don't think it will be successful as Goggle and other hungry birds are out there. Even if CRM buys twitter still there stock are sale because it's a falling knife. And if there is a bounce that means more to upload with short side. There are 2 green support lines from 2009. One has around $60 as a...
GS is the next bank which is going to suffer. Even though it is trading at $163, question is for how long? from 2015 June $220 high it is making lower low and no improvements over a year. The Green line is from low 2009 and has been tested twice and it is holding so far. But time has come to test 3rd time and probably that would be the last time as per stock chart...
JPM is struggling to make new highs and has been lower low for a while. Once it breaks the 2009 black trend line it will be a free fall to the green support line from 1990's low. Once that breaches JPM might become a penny stock. Ultimate support MIGHT BE around $1 or $2. Those who missed to short Other so called good bank, still has time left to short JPM by...
BAC is doing ok for now, but if they hit by another Financial crisis, guess what, they will be gone.
Well those who missed to short Citi, hsbc, scb, ms, wfc, boam bcs here is a new opportunity to maximize profit by shorting CapitalOne Bank COF . It is still in free fall zone. For low we can look for 2009 low price.
CITI BANK IS ALSO A SHORT CANDIDATE FOR BANKRUPTCY. DON'T KEEPA NY HOPE AND IF YOU ARE BANKING WITH THEM CLOSE THE ACCOUNTS.
Well Cabelas (CAB) was a short stock, but don't know what BassPro saw in it. But guess what? All the bears and $hort sellers will jump into it after few weeks once the top comes in the charts. Even though Bass bought it at $65.50 per share but I don't think it will go that far high in the stock price as most of the resistance line starts below $64. But incase even...
From 2007 high it is going down trend. And now in near future it will re-test the 2009 low around $2.75.(see green line in the chart) If it fails to hold then BCS will go pennies on the dollar. Though you might have missed the maximum profit ratio by shorting but still you guys have some hope as it is only trading around $8 range and soon it will free fall. Good...
QQQ IS DOING GOOD BUT UT DIDN'T BREAK THE 2000 yr high yet. Well even if do so but in coming months it will be a choppy trade as the RED line will act as resistance and the green line will act as a temporary support. And then the Black line will act as a temporary support. After that all hell will loose break. the next support line is the deep blue line. But it...
QQQ IS DOING GOOD BUT UT DIDN'T BREAK THE 2000 yr high yet. Well even if do so but in coming months it will be a choppy trade as the RED line will act as resistance and the green line will act as a temporary support. And then the Black line will act as a temporary support. After that all hell will loose break. the next support line is the deep blue line. But it...
SPY TRADING IN RANGE BUT IF BREAK BLACK SUPPORT LINE THEN BEAR MARKET. The RED AND GREEN DOTTED LINES ARE FOR NOW A PROBABLE TRADING CHANNELS. There is a second black line at the top and that is the ultimate resistance line and if breaks then new high possible. But for now we can expect a choppy volatile trade till it break either black lines. good strategy for...
In 200 it peaked then in 2007 it peaked again and now in 2015 it peaked. But all the time it went high it made lower lows in historical prices trend. The support is near $10-$10 but when it penetrates guess what? -all the hell will break loose. There are couple of ways to stop it. Stock reverse split, bail out or short ban or buy out. But the problem is when other...
FORM 2007 THE BANK SHARE PRICE IS GOING DOWN. Even though as per economist claiming US and global market has strong outlook but the HSBC bank didn't bounce anywhere near there. They may do some reverse split or government bailout (if any) but over the long run the stock price is saying that it will be ready to file bankruptcy by 2022 and onwards. The only hope...
DEUTCHE BANK DIDN'T BOUNCE MUCH AFTER 2007 CRISIS. It may do some reverse spilt like CITIBANK IN 2008-9 to prop up the share price and may some government bailout but in long term it will suffer a lot. All the hedge fund managers are piling up short position and share price may tumble below $4 soon. Upper limit resistance is around $20 for any upside bounce. The...
From 2007 the bank has been always in downtrend. With all those fines from different countries and the bad mortgage loans, HSBC is not able to come back up yet. Yes HSBC may do some reverse stock split like CITI GROUP did around 2008-9 but it didn't help them much to boost up the share prices.