Mikey_Scali

Mikey_Scali

Mark green opens long position for AXA retirement fund weeks before earnings. Form link: disclosures-clerk.house.gov

Mikey_Scali

CFO Kirkhorn Zachary has sold another 1250 shares prior to earnings. Is this is a warning sign for Tesla's earnings? It is known Tesla has been having supply chain issues but "Tesla has delivered 201,250 units in the second quarter, which rose from the 90,650 deliveries in the same quarter last year and the 184,800 vehicles delivered in the prior quarter" -...

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UAL recently smacked a support level at around $48 and seems it could possible rebound to the upside. However there is very major catalysts for UAL to further within the coming weeks. Covid is still relentless as always and with the new 'Delta variant' proving to be more adaptive, and dangerous it could potentially impact the already suffering fundamentals of the...

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'Transocean is a leading international provider of contract drilling services for oil and gas wells. Transocean specializes in the technically challenging sectors of the global offshore drilling business, with a particular focus on deepwater and harsh environmental drilling services, and operates the world’s most high-tech floating offshore drilling fleet.' -...

Mikey_Scali Updated 

Leslie's is a retail company who has recently been abused with an overload of puts and insider selling. Insiders have sold an estimated $425840216 of shares with some key individuals such as the CEO selling 20% and 24% of his shares. Common theme is most insiders sold 20-24% of there holdings. There as been decreases in calls and major increases in put options....

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Progenity Inc is a biotechnology company. It is engaged in developing and commercializing molecular testing products as well as innovating in the field of precision medicine. Revenue source is from Innatal, Preparent, and pathology molecular testing. Recently announced $40 Million Private Placement (8-k) Launches strategic transformation by eliminating costs of...

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Top shareholders of CRC have recently reduced there holdings. 1. GoldenTree Asset Management who owns 15,579,032 shares levelled holdings by a large 20.415% decrease 2. Ares Management who holds 14,788,286 shares have recently reduce there holdings by 14.64% What could this mean? --> Well to put it simply it may just be profit taking as Ares bought more shares...

Mikey_Scali

With the current speculation of bitcoin's next move i cannot help myself from sketching as many trendlines and support levels as possible to come to a conclusion of bitcoins next move. From this post you can see some levels that i consider to be key levels for BTC to conquer nor break within the coming days. However there is much move than just the common trend...

Mikey_Scali Updated 

Flight centre has been beat down since Covid-19 and as of today is 3rd most shorted stock on the ASX. This acts as some unflattering news for traders however could there be a potential upward movement? From my charting line i was alert today that FLT has seemed to touch and rebound on its support level after its 5% drop due to bad returns which personally...

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While doing my daily search for possible trade options i found that among my many short alerts had a common trait. 5/8 Short alerts were all REITs. Now I'm not saying real estate is gonna crash or to prepare for another 2008 crisis however it appears that most ASX REITs are overvalued from a technical standpoint which opens the idea for a potential short. These...

Mikey_Scali Updated 

Seek Limited is an online employment platform actively used in Australia and Internationally. With the pandemic and the massive slashing of jobs the recovery of covid greatly benefited Seek and is shown through the company share price reaching an all time high again. However to see Seek's future price movement we should look at Technical Analysis as they both...

Mikey_Scali Updated 

Harvey Norman is a popular electronic and household appliance branch in Australia however despite profit levels and steady insider buying some data outlines HVN may be due for a correction. Based on Fundamentals HVN has both negatives and positives. Positives: --> High returns despite covid-19 as Australia retail sales dropped 1% --> Steady insider buying ($1.1...

Mikey_Scali Updated 

As of the 8th of March 2021 AUDUSD did not break the lower line of a developing ascending triangle. Rather it treated the lower line as a strong support level. This then brings the possibility of a bullish run back right to the top of the triangle or even breaching it. However this pair has reached its current 50 day mean and therefore can possibly struggle to...

Mikey_Scali

After this thoroughly rough week i have noticed that among traders on the ASX fear looms have been spreading, from untrusty discord chats all the way to journalist articles. However market movements to the downside are just as normal as bullish days. In fact they are often needed to bring the market and all who trades back to reality. This post is to do outline...

Mikey_Scali Updated 

IRESS is another software company listed on the ASX where it is a provider of financial data and markets as well as asset management. Unlike the recent boom in tech stocks IRE has trailed behind and has not recovered to pre pandemic evaluation. However there may be something we don't know that could make IRE a potential buy. Recently (As off the 22nd of Feb) a...

Mikey_Scali Updated 

LYNAS is a company that has recently come under my radar for a potential trade and upon investigation is becoming a perfect candidate for both Fundamental and Technical traders. For both styles of trading it shows very polarising stories. From a Fundamental perspective there is a long term bullish potential however from a Technical standpoint a short bearish turn...

Mikey_Scali Updated 

APT appears to be overextended to the long side and may be due for a slight correction. Reasons for this evaluation: --> Solid Bearish Engulfing candlestick pattern has occurred (Bearish reversal) Last 2 bearish engulfing patterns along with an overbought RSI resulted in a reversal. This indicates a higher probability trade setup. --> RSI is moderately...