Earnings were not kind to $LCID. Lucid Group cut its car production forecast for this year by as much as 40%. The company cited supply chain constraints and parts quality issues for slashing production to between 12,000 and 14,000 vehicles, down from initial expectations of 20,000. “This reflects the extraordinary supply chain and logistics challenges we’ve...
The SPROTT Physical Uranium Trust TSX:U.U is showing a triangle formation on the daily chart. There is a number of reasons why I am inclined towards higher Uranium prices: 1. Rising inflation. 2. Rising commodity prices. 3. Supply chain problems (although doesn't apply to Uranium that much). 4. Energy Crisis! 5. The world starting to see that Nuclear energy...
We could see a major +60% Decline coming out of this one in the near future; It's been quite the run up but it's new target is now presumably back to the level of C which takes us back down to around $25
Now that the Federal Reserve seems committed to raising interest rates in response to inflation (something that they denied was a problem during 2021) we're going to see a shift in the way money is talked about in the near future. What does this mean for crypto, and the greater economy, overall? - The US growth and assets markets have been driven strongly by the...
One of the most interesting blockchain out there when it comes to supply chain transparency. With new regulations about climate change and higher transparency on supply chain emissions, WTC can have a great opportunity to take lead in other areas where transparency from supply chain is needed. Technical, it looks like an bomb to explode, and moneymakers has...
I don't remember publishing this chart. However, it looks like price reached the 50% retracement of the previous high and even went on to test the 61% fib level. Although price could be setting a resistance here, I believe this is a solid company and am setting up a new buy target for a longer move towards the retracement of 88% down the road. Price does look as...
The top three commodities in trans-border truck shipping are computers and computer parts, electrical machinery and vehicles and motor parts. Other industries that rely on truck freight include grocery and retail, eCommerce, construction and agriculture. All commodities listed have had increased demand especially during Q4 (Holiday season).
I scooped some long term OTM calls here, gives me 10.5% notional exposure to oil via $OXY, risking 1% of my portfolio if the trade fails. Seems like a good way to be exposed to the big and steady trend in oil, I have already banked my other energy positions and oil futures options, this is a good way to stay exposed with minimal risk (since the weekly oil target...
I have drawn some bullish lines. and things. Was a bit early on the ze last one. forgive me please. 10 bagger. lfg
I did a video version of the editor's pick idea (link below) with more details and a more holistic look at what's been going on in real-estate, politics, and crypto. What happens next is anyone's guess but underlying trends tend to show that the crypto market itself will probably be OK, if not bullish. Some notes from the vid below: - Inflation is here to stay...
2 scenarios in this run up to earnings for TSLA. 1. TSLA beats analysts and does really well this past qtr but with the major disruptions in supply chains and China the past couple of weeks, people can begin to price in not so great numbers going into Q4 and take this opportunity to sell the news. 2. TSLA doesn't do as forecasted and undershoots analysts and...
VeChain is a pumper. It was one of the altcoins to experience a very heavy loss in May officially going from $0.28 cents to bottoming out at $0.05 cents in July. An eye watering 80% loss from its all time high. As of right now VeChain has been trading sideways from $0.11 cents to $0.14 for the past 3-4 weeks. Currently we're oversold on the daily stochastic RSI...
Big weekend ahead for Vechain and the of the cryptocurrency market. We have very important resistances to break the first being $0.14 cents for Vechain. As of right now we're at the doorsteps of retesting it. If we fail to break this we may have choppy waters ahead potentially going back down to below $0.10 cents in a worse case scenario but good if you want to...
Strong consolidation going on!! A great Buy !!
Since my last call on April 4th VeChain (VET) has been up over 150% in the past two weeks. I knew VeChain (VET) wouldn't be trading at $0.10 cents for too long considering what VeChain is, the current market sentiment, and the global supply chain & logistics problems they're revolutionizing. If we breakout of our symmetrical triangle to the upside I believe we...
VeChain has been itching to achieve an all time high of 10 cents. We've been trading between a low $0.08 cents - $0.095 cents since March 20th. It seems like the VeChain train is waiting a little longer for people to board before the next journey beyond $0.10 Cents. We have also been flirting with the 50 day moving average re-testing and bouncing off of it. It...
DISCLAIMER 1) You should consider your own Risk:Reward ratio and do proper lot sizing according to your margin and leverage level. 2 ) Not every idea is a valid trade. Some are pending orders. 3) This analysis is just a trading idea, not a trading signal for you. 4) My own trend direction estimation, entry point, stop loss and take profit levels are shown on...