9 EMA, 30 EMA, VWMA and the breakout level to ATH at 887.
50 DMA over around 900. Price is holding incredibly well in this zone and unless it breaks 762, I'd expect bullishness ahead.
Best approach is to wait for price to base above 900 for breakout.
TSLA recently reported great earnings on Oct 20th and beat both eps (20%) and revs (5%). ER killed option premiums, unless you bought ITM
There was a massive buy order friday for the Feb 2022 $925 calls for $60 million total value.
TSLA is 9.5% of cathie woods ARKK fund.
We are in blue sky breakout territory, so that's what this $60 mill option flow is betting...
NYSE:LMND is the new and promising tech company in the insurance market. It's beyond promising; it's already a product with proven scalability and disruptive features to the aging insurance business model. Lemonade follows a creative insurance model. To understand this, consider the conventional insurance business model where companies are incentivized to NOT...
TA,
- Volatility contraction pattern(VCP)
- Volatility reducing= Supply drying up(see previous 2 instances). 35% drop followed up by a 24% drop and the latest, a 9% drop.
- Short term trend breakout but lacked sufficient volume
- Trendline support
-Oversold for Tesla standards
-Longer it consolidates, more explosive the move
-RS improving
FA,
- Read Elon's...
After hitting its final long long term support line, ARKK has finally bounced off the support. The buying pressure was so strong that it reclaimed its previous support at the 87.75 level. The RSI tells the same story. Expect a continued uptrend, until it hits the top of the channel, At which point we will either see the price breakout or fall back to the floor....
Looks like Fastly is at spring on Wyckoff Patterns.
Likely catalyst to push it over the last point of support could be any news from Tik Tok acquisition or a short squeeze
Link : school.stockcharts.com
Concerns,
- Head and shoulders
- High volume on red days compared to green
I'm long Fastly.
Bit of a knife catch
Simple TA,
- Demand tail at trendline support with lower volume. Go to the 4H chart and see what I mean. The volume is actually decreasing signalling a reduction in supply.
- Higher lows.
Concerns,
- Could fall further so invest with money you're willing to lose. High risk high reward.
- When it falls, usually price declines for 2-3 days so...
FA,
- 6.8% dividend
- $IIPR 10% weighting
- $GWGR 9.56% weighting
- Cannabis > alcohol
- Cannabis has the potential to disrupt big tobacco
- Lower stigma + more acceptance in society
- Gary Vee
TA,
- Reversing long term downtrend
-Daily MACD cross
- Short term moving average crossover
Nice play to get exposure to $IIPR and $GWGR.
Let's go 'Higher'.
FA,
- Revenue up 87% YOY
- DBNRR(net retention rate) above 30%
- 63% of customers using 2 or more products
- Customers with ARR of $100k+ grew +89% YOY.
- Guidance of 62% revenue growth this quarter and 54% a full year.
- Gross margin>70%
- Rule of 40 fulfilled. 80% revenue growth- 4% EBIT margin = 76%.
- Good financial health
- Covid tailwinds
TA,
- The red...
FA,
- FinTech Revolution (WZR left behind while the punters bet on BNPL)
- Loan origination spikes 48% in June 2020. Consistent uptrend
- Wisr Ecosystem up 52%
- 42.4 Million in Cash
- Great vision: Improve financial wellness in Australians.
- Strong support from NAB
- Good management team including CEO Anthony Nantes
- Cool name and logo ( It’s vital for long...
ILMN is one of the highest conviction picks by ARKK investments (ARKK). They invest in disruptive technology that could potentially change the world.
Another pick Invitae(NVTA) has a similar pattern and broke out recently.
Level exhaustion at the $372 level and a potential accumulation zone. A daily close above 372 would be bullish.
An overall bullish sentiment...
Plenty of bad news coming out on this one. Cancellation of a factory in China, reduced government funding for electronic vehicle (EV) development, and profitability going ever into the abyss.
If this thing behaves anything like TSLA, we could see a nice bounce here. But why?
The EV space is rife with optimism and hope due to the disruptive nature of its...
