A contested election will likely send us sideways and further into the current wedge but with little predictable volatility. Biden win could break us down and accelerate the wedge, giving the index an intra-week target of 2850. Trump win could also send us sideways and further into the current wedge, with the next likely move being to the resistance at 3500....
FA, - Market cap : 16BN. Global TAM : 70BN - Top rated app(4.8/5) - Currently in 7 states(12% of US population). 19 states with mobile legislation while ,majority are still being considered - iGaming CAGR New Jersey (2014-2018)- 25% - Products : Daily fantasy sports, Sportsbook,iGaming. - Building a great brand. -Personalized experience -History of track record =...
Here once a completely hot Gambler Trade. If the rumors are not right, then new all time highs in the next 4 years with the target range of 123.50 euro per share. If nevertheless, there is a completely clear exit on May 2006 high with 21,18 euro - not one cent deeper. Greetings from Hanover, Lower Saxony Stefan Bode
Dave Portnoy $PENN stock is in for a correction .
FANS.C has formed a double bottom on the chart in the low .20s. Multiple bullish divergences on the Daily Chart with a strong pickup in Accumulation even as stock retraced to test the support line. The original drop was caused by shares issued as part of recent acquisition but there are early signs of bullish momentum returning. The company is running a...
Potential oversold bounce play with some paper from recent acquisitions causing the price drop below .30. RSI is in oversold territory. Good support in mid to high .20s.
FANS.C is in the right sector during the pandemic and has seen massive growth in the past few months. The stock is temporarily range bound due to the still open $5M financing announced last month. .42 - .45 is proving to be strong support zone. RSI briefly hit oversold area on the hourly today. The company plans strong promotional push following the closing of...
Missed the run up this may be the chance
I hate to see the days of this long money print machine getting choppy. $DKNG just made people so much f*cking money on the long side it's hard to bet against. But we are starting to see some chop and I wouldn't be surprised by a temporary pull back. The real question is, is this coiling up for another explosion higher? If you think it is, might be a good...
Entry $38.5 S/L $34.21 TP1. $42.79 TP2. $50 12 months Consensus Price Target: $39.75 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, JFIN has one of the biggest jumps and declines I ever seen analyzing stocks. I seen pump/dumps and exit scams before not rise and crash as much as this stock. Now, I am not trying to say they are a scam or point fingers, but...
It is trending up together with MA9, and it is pulling back now. I would expect to meet with 20SMA now.
Pure Speculation: Hedge Fund opened a $1.6M position on 04-09. This is close to the all time low and that's a huge stake in a relatively small company. With past history of Hedge Fund purchasing before huge price action, I am willing to bet a few dollars. Also it seems like a legit company. You can even track where their ships are in real time! www.seanergymaritime.com
Seems like following Hedge Funds is a good strategy to make a quick return. I was skeptical, but with the pump of HSDT, I am somewhat convinced. Due to the regulatory requirements of having to disclose a position greater than 5% within 10 days of the event, tracking HF ownership stakes in low cap stocks is fairly easy. Couple that with proven past history...
Id say this would be worth the risk. As long as the company doesnt collapse...
WYNN is one of the stocks that has been beaten down the most with the outbreak of the COVID19. We are now testing a previously held support. In the chart, I have drawn resistance and support levels; risk reward ratio is attractive, but momentum is not on WYNN's side. Keeping on a watchlist for a bounce play.
The mega deal, CBS / Viacom, is finally done but now we have ViacomCBS sitting at just 5x earnings. Netflix could gobble up ViacomCBS without hesitation. If Netflix bought ViacomCBS (VIAC), it would create a mega media mogul. With the purchase of ViacomCBS, Netflix would cut it's royalties / expenses because it would then own a mega selection of content. Also,...