Company is solid and looking at the daily chart this has been dragged down by the overall market conditions. Personally i will wait to get in as i prefer to wait for a golden cross to occur to open a position. The 50 sma line is below the 200 sma line right now and when i see a golden cross happening or about to happen that is when i will open a position. Futures...
F looks like it is bouncing off support which is the 50 sma line. With recent news of a chip shortage affecting many automakers we could see a short down fall, but i expect this to go higher with the change of focus into EVs. MACD is in the red while the RSI is steady. Ford Bronco looks nice.
Looking at the daily chart on RKT and if you look at the MACD it looks like it is ready to close red and turn green. RSI is heading up and friday saw some volume which i think was the reason for the move up on friday.
Despite recent market conditions i remain bullish on the overall market. The S and P is showing a bullish daily chart. RSI is heading back up while the MACD looks to be closing red and ready to go green. Look how the price goes down to the 50 sma line and bounces off of it.
Looking at the daily chart on VIEW and it is definitely a company to watch for. Recent earnings reveal that the company has a very strong balance sheet. Full year revenue increased 32.8 percent and with the completed announced transaction they raised 815.2 million dollars resulting in 518.3 million dollars in cash after eliminating there debt. The chart looks...
Looking at the daily chart on JETS and i see this going higher with more vaccines going out. current market conditions have taken a hit to almost every stock. Portfolio is currently down but i am not panicking as this is a opportunity to scoop some great companies that are getting beaten down. RSI is heading up and the MACD is in the red right now but it looks...
CLOV has been hit hard with the false short seller report, and couple that with the market conditions recently this stock is way undervalued. We bounced off support and it seems now that we are trading sideways after a small move up. RSI looks steady wanting to head high towards the overbought territory. MACD is in the green and it looks like it wants to widen...
Earnings coming up for OEG and it will be interesting to see how the company has been doing as well as how there financials stand. The outlook will be something to look forward to as it will be interesting what the company has in store for this year and forward. This one is one that i feel has been hit by the current market conditions and if look at the MACD it is...
Shout out to Royce Jacob for bringing this stock to my attention. Interesting company that manufactures carbon steel pipes and other types of pipes and strips. They recently announced launched thru a subsidiary owned by ZK a NFT platform that will use Ethereum and polkadot blockchains. Cryptocurrency has become the hottest thing this year and will continue to do...
Daily chart on XNET looks good while the market tanked a bit today March 18, 2021.MACD is widening green while RSI seems steady right under the overbought territory. Look at how the price went down to the 50 sma line right before it consistently went up to where its at right now. 10 dollars seems to be the resistance and it will be interesting to see if it breaks...
Looking at the daily chart on ZOM it seems like a double bottom is playing out. If this plays out we can see a breakout fairly soon. They just announced there first sale of Truforma. This is great news for the company and this can be the start of something big for this company. Will be interesting to see how this plays out the rest of this week.
SNDL has been one that hasnt seen alot of action except for that big red candle which reached a 52 week high of 4 dollars. MACD is looking like its closing red and ready to turn green, while the RSI is steady for now. Earnings will be interesting to see what the company has in terms of plans for the future, and how they have been performing. Keep in mind any bad...
Ford has been a good investment for me since i opened a position, and got an option play expiring 2022 with strike price of 12 dollars. There restructuring of there business into Evs will benefit the company as electric vehicles will become the future with the Biden administration helping. Ford Broncos look nice and with the Mustang mach e releasing later this...
Looking at the daily chart again on DS i really like what i am seeing. First the price went above the 50 sma line and if you look at the recent candlesticks the stock seems to have been consolidating or trading sideways. Hopefully with earnings tomorrow this can move up and perhaps reach new highs. The RSI shows it heading up while the MACD is closing red and...
This one is one im very excited about. Earnings in 6 days at the time of writing this and with futures green and stimulus package waiting for Bidens signature i see this running up like everything else. MACD is closing red and we seem to be recovering from recent selloffs. Earnings will play a factor whether we see this run up leading up to earnings, or if they...
Earnings were mixed on TTCF. But do remember that this is a growth company and the earnings were not bad at all. They just announced recently to sell there products at target locations which will be very good for the company. Daily chart is looking bullish as the MACD is ready to turn green. RSI is heading up and bounced off the 200 sma line. Great buying...
Daily chart on NBAC is bullish as we seemed to have found our bottom and we are bouncing off of it. MACD is closing red and RSI is starting to head up. With the vote to confirm the merger i expect this to run up a bit leading up to the date of the ticker symbol change.
Looking at the daily chart on NIO after The stimulus package being passed and ready for Biden to sign and it looks very bullish to me. MACD is closing red and the RSI is steady right now while we look to be recovering from all the down trend we saw last week. The volume is there which leads me to speculate that people were buying this on the dip. At these prices...