Can DS Finally Bust This Level?Looking at the Fibs, DS is once again testing this technical level. It's been a decently strong level of resistance for months. Only was able to break above it briefly but couldn't sustain itself for more than a few days. With the vaccine set for delivery in this week, it's going to be interesting to see how epicenter stocks perform. Will we finally get that bullish move in reopening stocks?
Last month, Drive Shack reported a very solid earnings report for the third quarter ending on September 30th. In the report, the company stated that it was able to bring in revenues north of $66 million. CEO of the company, Hana Khouri, stated in its last Q filing that “we are pleased with our third-quarter results as we see our venues and courses continue to build momentum over the year. Both of these businesses delivered positive financial results in the quarter, even with the challenges we continue to face with local restrictions and mandates with large group gatherings.”
QUOTE SOURCE: Penny Stocks To Buy Under $3 Right Now, Are They Worth The Risk?
Vaccine
PFE technical breakthrough and good newsAfter breaking through a key resistance at 38.77 during this week, the weekend brought Pfizer some really good news regarding COVID-19 vaccine, wich we expect to give strenght to the technical pattern, acting as catalyst and driving the price up to at least 9$ on this monday December 13th.
Gambling & permabear news n°24> Conspiracy nuts right again: Government geothermal plant has been causing earthquakes in France
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"OMG the government experiments are creating earthquakes"
"Shut up you stupid conspiracy theorist put back your tinfoil hat"
Well this did not age well. The parrot/sheep were dead wrong once again. Of course it is obvious they are not going to learn their lesson.
The 4 december in the morning earthquakes of 2.8 & 3.5 magnitude have been waking up the population of Strasbourg (east of France).
The population, that has been locked at home for a lot of 2020, and is constantly fed fear uncertainty doubt by politicians and their propaganda arm (the media), have not been arguing about conspiracy theories. Weird as they usually do. When they physically feel something they do not argue and they "understand" real quick what is going on. I am willing to bet most of the ones that used to be good parrots are now pretending they "knew all along".
I do not know how wrong or dangerous these operations are but the population physically causing them to feel it has put an immediate end to operations. It is nearly certain that the government will try to continue its operation after a while.
See? Climate alarmists need not worry. Assuming something terrible will happen, the Planck time people will see or feel the effects there will be an immediate end to CO2 emissions (sometimes brutal for those that do not stop).
> Adolf Hitler wins election, swears he has no plans for world domination, disappointing many
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In Namibia, a coastal country bordering SA to the north west, saw Adolf Hitler win an election. It is a former german colony with a german speaking community.
Adolf Hitler must have been very popular because he won with 85% of votes.
Adolf Hitler said he has no plans for world domination, I am reassured.
Before being colonized by the germans the country was peacefully colonized by the bantu in the 14th century, and little by little they managed to become a majority (19th century).
The natives which are now a minority are on a constant decline while the bantu colon numbers keep growing. It became "their land" long ago.
I think minorities (non bantu) are 20-25% of the country (including 7% white).
I wonder if Adolf Hitler has any plans about the minorities of the country?
> Another "profitable" day trader bites the dust: son of billionaire gets confident, loses everything
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Temur Akhmedov the son of a azerbaijani Russian oligarch has been day gambling on the stock market.
His mother is suing him to get money as a reward for divorcing dad. She says they are using this as an excuse to hide money from her greedy hands.
Typical story: The son got into it, started winning, got excited, probably called himself a legend and a master of charts, then hit a losing streak and he was "convinced this loss was just bad luck" as he explained to the court. So what did he do? What every good idiot day trader does, martingale it back! 🤡
He increased his risk "can't keep losing right?" and the market gave him a valuable lesson.
His father was "a one-time fur trader" whatever that means, that made some mistakes early on and said he guesses his son thought he would avoid them.
Daddy is paying him a bank college. Better not waste that big brain potential. Already down 50 million.
Dad might be smart but I doubt mum is, and it's showing through their son.
I am in favor of dating apps or sites if we can add diplomas and iq and common sense tests to them.
> Pfizer vaccine: results not even published yet, causes infertility, big brains start to vaccinate asap
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It appears we are still in the 6th dimension. Pfizer has indicated lactating women should not take this experimental vaccine and has claimed it caused infertility in women for an unspecified period.
No one has the slightest clue what the long terms may be, and other than this all we have are publicity announcements.
Seriously, no results, no research has been even published yet.
Idiots are already taking this vaccine and mocking any doubter. The media is promoting it. Months after the Redemsivir fail.
I don't care if people cry that I hurt their feelings. I will not hesitate to call them idiots to their faces because this is just too much. And it is the truth.
A little story and a question:
- A pilot, known for crash landing once in a while, miserably crashes his plane (called Redemsivir) like a big pile of shit. He gets out limping while the plane catches fire then explodes.
- Limping towards you he goes "hey I got a new experimental plane (called vaccine) completely new tech, haven't had the time to test landing yet and I have no clue how landing works with this type of plane but I'm sure it will go just fine, oh by the way if we crash you cannot sue me a law was passed to protect me, oh and also no you cannot see my license, oh and also we have no parachute"
My question is: What price tag should I put on the bridge I want to sell to the people that run to his plane with a big smile on their face?
The prominent french scientist at the top of his field that has been promoting Hydroxychloroquine + Azithromycin is rubbing his eyes in disbelief, but the media knows best, and calling him an anti-vaxx, after all he is an anti-science eviiiil climate denier. Ah fun fact, a few years ago the same man, Didier Raoult, was defending a vaccine that reduces mortality by 1/3 or something, but the french gov did not like it and were trying to prove via lies that it causes multiple sclerosis. Guess what? Back then the liberal media (pleonasm) called him "a docteur paid by big pharma". Today the media defends big pharma and calls the multi-laureate an ignorant tinfoil hat antivax 🤡.
> A new type of future sees the light: California water futures (ticker symbol: NQH2O) - via the CME
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The "Nasdaq Veles California Water Index Volume". I made an idea about California infra recently but it hurt some people's feelings and got banned.
Ah the good old "this has nothing to do with trading". If it all has nothing to do with trading, why is there a whole new future contract?
1 month after I note the issues in California (Nov 9) they create this. Might see more, but I don't really follow all the credit swap and state debt management stuff.
www.cmegroup.com
The official statement by Nasdaq: www.nasdaq.com
A quote from an article "Wall Street’s new water market is the latest sign we’re headed toward a Mad Max future".
Congress to fast-track whittled-down infrastructure bill OH WAIT nevermind expert day traders told me this had nothing to do with trading, and day traders know best, my bad.
I am immediately going to prepare a long letter to ICE & CME HQ to let them know day traders explained it had nothing to do with investing and this future is useless as well as the research they publish.
A CME person contacted me offering 100 bucks for an interview (they are making stats on their users) but I am shamed by my small account size so I didn't answer yet. And idk what to say and I want to be honest. But 100 bucks... Maybe I should just pretend to be a day trader and speak about indicators, which would be an accurate representation of the average individual investor. Maybe I should say I am not interested in any of their "hedging solutions" (this is how they call futures) because reality has "nothing to do with investing". I'll suggest they should create random cryptos that serve no purpose other than gambling on them using TA. Futures have been created for gambling right? They have no fundamental purpose right?
But ye... typical Dunning Kruger from me. I am worried about being too noob to answer. I underestimate myself, and then I see the smooth brains that overestimate themselves and remember "oh right".
> "The right side of history": Democrat congresswoman asks armed men to "make them pay" (Trumpers)
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Michigan democratic state representative Cynthia Jones sent a "warning" to Trump supporters during a facebook live video, she asked people including soldiers to "make them pay". She lifts her head up in the video and has a vicious smile: James Bond evil bad guy detected.
She was born and raised in world famous Detroit but the district is outside of it a bit to the north.
"Be careful, walk lightly, we ain’t playing with you."
We are seeing more and more of this. Some state governors have even threatened to leave the union.
"We got some work to do".
She has been disciplined (by house republicans I think). She posted disciplinary documents on her facebook.
She posted a video to "soldiers against racism" after the backlash. "Rise up". Ye... I don't think she is backing down. Actually getting more radical.
What are the checks and balances in place for this kind of behavior other than trusting other representatives? Second amendment?
You know... "Rise up"... "We got some work to do"... "Resume the work"... "Begin your work" these are things that hutu said in the 90s right before and during the Tutsi genocide.
Still think I am an overpessimistic conspiracy theory perma bear?
Some people are going to have a rude awakening one day...
ballotpedia.org
housedems.com
National Socialists, the KKK, radical nationalists, black separatists, anti-muslims, radical muslims, all love her.
Hey maybe Namibia won't be the only country to elect Adolf Hitler this decade.
Al-Qaeda & ISIS still pissing themselves as "decadent west & in particular the USA are collapsing".
Perma bears have little stars in their eyes too of course.
Seing how bears are viewed and treated, maybe soon short sellers are considered a "hate group", and being bearish "hate speech".
MRNA Blow Off Top ConfirmedMRNA broke out of $100 hitting $178 within 4 days on high volume and multiple gap ups. This is significant evidence of a blow off top. Afterwards, we printed a daily bullish engulfing pattern then corrected upwards for 5 days before printing another daily engulfing pattern. The target is $100, which completes the blow off top move and the 1.618 extension of the Wave A move. Blow off tops have sharp moves and just as sharp reversals. I'd expect to see $100 by next week.
long amazon on Thor's hammer LONG LONG LONG ....
Amazon has lagged so much along in comparison to market. It's time to make some noise with amazon.!!! I am already in weeklies as well as long debit spreads..!! Take position according to your risk. first target 3250/3300 by eow!!!
Stop loss 3080 only if it breaks..
ALT Reversal Incoming? +Trade Setup (>168% Profit Potential)Hello Fellow Traders,
Today we are looking at Altimmune Inc (ALT) on the NASDAQ. We can see that on the last bullish wave, prices peaked at around $35. We can see since then a bullish continuation pattern, the falling wedge, has been printed. The price has broken out to the upside, retested the EMAs for support, and bounced back to consolidate just in the $11.75-$12.50 range.W Now, with prices above all EMAs, we can expect additional growth. We can use a larger buy range for this stock because the risk-to-reward is very good. If prices begin an uptrend here, it is a good time to go long. In the long run, a breakout past the ATH of $35 has a Fib target of $52! If you think this is unrealistic, take a look at my last idea on SOLO down below. However, a potential short-mid-term trade set up now could be:
Entry: $11.50-$13.75
Targets: $24.00 (+80%) | $35 (+$1.68%) | $52 (+297%).
Stop loss: daily close below $10.50 (-10%).
Let me know what you guys think down below and leave a like if you appreciate the analysis. Also, check out some of my other ideas and follow my profile for more chart analyses and profitable trade setups! Thanks for reading :)
Price at writing: $12.98
JETS flagging on new channelTechnical Analysis
On november 24th, JETS broke out above its june highs, and consolidated (orange square), demonstrating a successful break out of the channel. Now it shows a flag, showing potential for more upside.
There is a strong resistance level at $27.7; at this point I would expect a pullback, to ultimately reach the top of the gap around $30.
I am using a stop under the 10sma to take partial profits.
Fundamental Analysis
The market is a forward looking mechanism, with the path of the recovery setting a potential comeback for Airlines for Spring; JETS is fundamentally undervalued right now.
GBP/USD Long or Short?An interesting level here for cable, over the last few weeks we have seen a sharp rise with pound strength and USD weakness largely caused by the vaccine news, and the US election circus. Depending on how this uptrend level holds (highlighted in purple) will give a strong indication of direction. Technically it's in middle ground with strong arguments for against with key zones on both ends. Fundamentals will play a large part from Vaccine roll out, to Trump slowly handing over control and admitting defeat towards Christmas. If the trend holds and we start to see a push back to the high, a long order will be confirmed (Option A). If we are able to have a substantial break in trend, then short option B) would be our play. High on the watch list and will be posting orders on either scenario shortly. Good luck.
NNOX: TSLA OF HEALTCARE?After successful breakout above 51, NNOX has been retracing to test the newly formed RBS.
Fundamentally, it has had a successful launch of its futuristic looking NANOx.ARC, which design can only be seen in Startrek or Starwars movies before this. This could provide major tailwind for NNOX as Xray imaging is one of the most essential diagnostic process especially during the current era of chest & lung loving virus.
Looking to enter at current level and hold forever.
DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors coupled with just a little or totally nonexistent fundamentals. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
HWGB-WD: Sectoral Tailwind to Push Back Price to .815 levelMYX:HWGB-WD is poised to retest its .815 retracement level after successfully broken the downtrend resistance. It has also succesfully bounced from the RBS and now is ready to fly to the next roof.
Currently its mother trades just shy below RM1 while its peers like MYX:SOLUTN and MYX:BINTAI had already broken past RM1 and maintain above that level.
We could potentially see HWGB to follow suit as early as this week.
DISCLAIMER: This is not an investment advice nor a buy call. This is just some analysis of based on some technical factors coupled with just a little or totally nonexistent fundamentals. This analysis is based on lagging (past) data (ie historical prices) thus any forward looking statement is just based on perceived highly probabilistic assumption(s) to assist personal trading decision.
DEC 6 GOLD: A FURTHER PULLBACK TO FINISH 2020?What's up big ballers,
Comin back at you with my December 6th, 2020 analysis on XAU USD.
Let me know what y'all think, and as always don't hesitate to drop your questions and comments below.
Take profits and take it easy -- I'll see y'all next week.
- Ray
BIONTECH BULLISHAn interesting trend on BNTX, complete wave II with a clear end of correction on main channel. Wave III is currently underway. Hope you find the chart interesting.
Please leave a like or drop your comment below and follow me for more updates.
DISCLAIMER:
This MUST NOT be taken as a trading signal.
Another vaccine?Hello my friends,
It's been a while since I last posted. I have been monitoring the markets and making sure I can find a good deal before I share it with you all.
So I have been following $JNJ for some time now. $JNJ is currently in their trail 3 of their vaccine efforts and should be concluding sometime this month. You probably think the hype for vaccine is over due to $PFE and $MRNA already taking the spotlight, but I don't believe that is so. $JNJ will be the first vaccine that only requires 1 shot and no follow up. This is a huge difference in many aspects, logistically and personally. Logistically, you ship 50% less product to the same consumer base as the previously mentioned companies. Also consider the vas number of people seeking the vaccine every year. JNJ has a yearly goal of distributing 1 billion vaccines worldwide, every year. Personally, people are already hesitant when it comes to the vaccine. Those who are hesitant are put off by a 2 shot system, it's just not a viable long-term solution. A 1 shot system is what will stick around for years to come. Also, JNJ is a trusted name worldwide so I believe it will be the primary choice for yearly vaccinations. On December 1st we had a random spike in price, I believe their is talk about the vaccine and it must be good news, of course this is just speculation.
TA:
All red lines are points of resistance. When/if the price closes above it, it should leap in price.
First Resistance at 148.72; we are currently struggling with this price for the past few days, if we can close above this, price is free to run up to around 150.00
Other red resistance lines are created from previous highs in price range, with 156.94 being the previous ATH
Orange tread lines: This is the channel we have been bouncing around in for the past few months. I believe vaccine news will allow us to break through this range
Fibonacci retracement is in gray/white. This was built off the dip created in March after COVID. It seems to hold true
TL;DR:
BULLISH FOR 3-6 MONTHS. If vaccine news is positive, JNJ will run up dramatically in price. JNJ is known known for gapping up on good news.
Positions:
Safe bet: Shares, hold until next EPS
Moderate risk bet: Outdated calls for next year around March
High risk bet: End of the month calls, banking on vaccine reveal
+10% PFE : Keep going the market will teach all of us! Made a nice +10% on PFE , I SHARED IT with YOU GUYS if you missed , that's on you .. because you are still learning (and that's fine don't feel a bite on your ego) .
If you'r EGO is inflated = You are screwed in this business .
So keep it small ( size does matter ) I don't want you to blow up your hard earned money because this place isn't friendly.
BTC USD longs if the USD bleedsHello traders and analysts,
We have seen a successful Bitcoin rush for the fresh supply/Alt High.
The USD remains under pressure to become cheaper for long exposure for the new year.
So long as the recovery of the US remains oncourse, then we will see further DXY weakness.
This does not track the USD, however the fresh rush into the coin has seen a new extension or consolidation into December - this will be an interesting month for flows.
Two scenarios
Exetnded target to break 20K
or
Downside to retest the previous wicked demand flow.
Many thanks,
Team Lupa
Moderna says they have a vaccine, ask for emergency approvalModerna announced today it would request the United States & Europe an emergency authorization for their vaccine. If my sources are correct.
As usual most of the mainstream media are unable to relay the information correctly, according to them the demand has already been made some posted at the same time say "will", and some only mention the FDA (the US one).
From their own site: "FDA has told Company to expect VRBPAC meeting for mRNA-1273 likely on December 17, 2020"
investors.modernatx.com
The FDA is the very competent very legit administration that authorized the Redemsivir after all of the final results (showing how bad it was) had been published, reviewed, circulated...
"These risks, uncertainties, and other factors include, among others: the fact that there has never been a commercial product utilizing mRNA technology approved for use; the fact that the rapid response technology in use by Moderna is still being developed and implemented; the safety, tolerability and efficacy profile of mRNA-1273 observed to date may change adversely in ongoing analyses of trial data or subsequent to commercialization; "
"In some cases, forward-looking statements can be identified by terminology such as “will,” “may,” “should,” “could”, “expects,” “intends,” “plans,” “aims,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “continue,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. The forward-looking statements in this press release are neither promises nor guarantees "
Sell hype, but hey, make sure you are covered.
The price gapped by 13%, went up 4% 2 minutes after the announcement, is up 50% in the last 3 days.
Moderna investor news release is 50 lines long. Investors of course also read the latest 10Q published the 30 October available here and 400 pages long:
investors.modernatx.com
Impressive! These investors are very fast readers!
"We are expending significant efforts to further the rapid development of this potential vaccine and expect to continue to do so over the next 12 months."
Authorized and distributed by december? 12 months? Distributed, maybe obligatory, still in development? These words should not be in the same sentence.
Hey maybe I am just a plebe and it is typical for this to happen, I really need a medical advisor at some point. Dad! He sells pills and vaccines for big pharma, perfect candidate.
If (jk there is no if) - When I get rich I will need advisors in all areas I just cannot deal with that much info and misinformation, and correlations, and risks, and so on.
Hey and rich people will be able to afford real science and real medical treatments while the plebes get the untested vaccines with coinflip long term effects.
They are turning healthcare into a consumer thing, it is not about healing the sick but distributing (for a cost) supplements and medications and prevention vaccines to everybody.
I do not know if this will, or can, continue. Medical doctors are against (I think) turning the population into drugged zombies. The sheep well I am not sure about the sheep, I think the "silent majority" just obeys and follows no matter what - this is what they have done for all of history.
If they make progress to sell products to make people that go into old age have better quality years then it could work out but still not sure because those that cannot afford it are not going to accept this, people see healthcare (at least today) as a basic human right.
Anyway let the fomoers and gamblers fomo and gamble, I strongly think this is very very early, and the worse the greedy corporations and their liberal-bourgeois buddies in governments behave (how they handle this vaccine for example), the longer it will take for people to forget and the biotech bull market / revolution to comeback and go up. People have goldfish memories so it won't take an entire lifetime either, 5 to 20 years to complete a bear market then start an uptrend. Well too many variables, we will see later, for now we observe and wait. Let's see what happens with this new tech.
XAUUSD Bearish TrendHi Traders,
Gold continues to decline along with the vaccine news.
It looks like 1.750 at the bottom point.
But we need to forget about the vaccine news that the market has been pricing positively for 2 - 3 weeks.
Gold can go up if this changes. Overall image will test $ 1.750.
Note : Also, the first days of the golden week may move with DXY.