Stock Market Analysis

2021-11-02 23:49:11 BCRX t.a:
Let’s start with the basics.
In this analysis I’m going to focus on the daily chart, as you can see the RSI currently is at 51, and there is a nice support line at RSI 50.
MACD showing bullish signs, and we are above the 50 EMA. EMA 200 is in uptrend, all of these helping us to understand that currently BCRX is in an uptrend.
We have three clear short term supports (S1, S2 and S3) at 14.79, 14.29 and 13.00.
After a run from 3$ to 18$ in the past year, a consolidation happens at the 13-17$ range. Looks like the stock has broke out of the purple triangle, building up a small base above the 20 EMA (blue line). The red line is a small term resistance. Keep in mind that BioCryst is going to post earnings reports tomorrow before market open, so right now it can be a bit risky to enter into a position, but for a long term hold it looks like a good point to enter. Look at the past earnings you’ll see that BCRX is not letting down her investors.

(This post is only an opinion and made for learning, THIS IS NOT A TRADE ADVICE.) Open / Comment

2021-11-02 23:48:06 BCRX Open / Comment

2021-11-02 23:47:11 Hello all,
Today I want to talk about a bio company called “BioCryst Pharmaceuticals” (BCRX).
I am going to focus on the Technical analysis aspect, but in my opinion it’s a gem that could pay out holding for a long term run.
Here are two links that you must read if you want to dive into details:
1. Detailed due diligence: LINK
2. Great article: LINK

Continuation in the next post Open / Comment

2021-10-26 09:53:44 Hey everyone,
A small update about this post.
So SHIBA INU is at a very different place now, building a base at the
0.000038$ - 0.000042$ range, a breakout out of the pennant had happened... So what now? I must say that when I bought SHIBA at 0.0000059$ a month a half ago I didn't except it to almost do a X10 in a very short term. Now it gets a little bit more risky because a correction must occur... There are few catalysts that can delay the correction, and make the price go a lot higher in the short term, but no one can know..
Main reasons in my opinion that can make the price go even higher in the short term:
- Robinhood will allow trading SHIBA.
- Another "Burning" SHIBA coins news.

As long as SHIBA is above the EMA 5 in the daily chart it's good to stay in SHIBA (if you are a very short term trend trader).

If you want to ride the trend a little longer, you can wait until the daily chart will fall below EMA 20.

(This post is only an opinion and made for learning, THIS IS NOT A TRADE ADVICE.) Open / Comment

2021-10-18 18:53:41 Huge news, and I don’t mean that the fact that xpev and LI auto didn’t enter the list… I mean that NIO’s brand is more valuable than sinpoc’s.
Sinopec is handing nio the wizard.. the enormous corporation of the oil stations that represents the old generation to the new generation (nio) that will rule the evs industry in the whole world (baas , nio house, nio lifestyle, charging stations for all ev types and companies, nio mobile services for all evs companies)

And the grand finale -> just to compare, Sinopec’s market cap is 500 BILLION and their main operating field is China)

Nio is only 48 BILLION market cap and will expand the whole world.

161 views15:53

Open / Comment

2021-10-18 18:53:37 Open / Comment

2021-10-10 17:27:47 Stay tuned, I will post a few more stocks that I am in / that I keep an eye on this week.

(This post is only an opinion and made for learning, THIS IS NOT A TRADE ADVICE.) Open / Comment

2021-10-10 17:27:35 SHIB INU:
Beautiful pennant performing on the 4 hours chart. It can be bullish / bearish
Looks likes soon will be an aggressive movement to one of the sides.
Because the tip of the pennant is sitting above the 0.382 fib, maybe a bullish move has a higher possibility. Open / Comment

2021-08-30 19:42:33 NIO:
Dark green support line proved itself today (marked it few days ago), I believe it is the bottom . Time will tell.
Two profit taking targets- light green line, if it’s breaking it, then the celling of the tunnel is another profit taking.. let’s see Open / Comment

2021-08-30 19:42:31 Open / Comment