PatrickPatterson
PatrickPatterson
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$AMC Entertainment(AMC)$ Let's go through this once more time... AA has to file and disclose (to stay within the law) any possibility of offering shares even if he decides not to. It allows him to do so if he sees fit. They may do it if they choose all at once or scattered amounts from time to time. Now AMC currently has $750m in cash. They don't need money right now. If they wanted to tho they could... i) offer shares and use proceeds to retire debt = strengthening value of the company = increased stock price ii) offer shares at market value during a squeeze (maybe at $1000 per share) and thus only have to give up 350,000 shares instead of 35,000,000 shares at $10 to get the same $350m they filed for = a lot of $ for litt
$Sea Ltd(SE)$ I am long SE. But this is why SE may be down recently. Bloomberg came out with this article titled "Sea, Grab Face Slowest Southeast Asia Online Growth in Years". E-Commerce will only grow 11% this year. But I think this is priced in as the consensus forecast of topline growth for this year is only 3% and 11% next year.
$Palantir Technologies Inc.(PLTR)$ Jung trying convince people where is $20 Jung calls $15 $12 $10 $5 my favourite this company will be D listed by the end of the year. Jung your a 🤡 you been wrong all year. Your a 🤡 everyone thinks your a sad poor 🤡 loser
$NVIDIA Corp(NVDA)$ Tentative head and shoulder pattern emerging, we have downside support that might stop bearish movement. As I always anticipate what the price can possibly do, I have plotted a downtrend line with a bullish anticipation indicated. Read the candlestick story teller when the price trade near or intersect any of the lines (support or resistance).NVIDIA Corporation (NVDA) Vs Western Digital Corporation (WDC) Stocks
$PaxMedica, Inc.(PXMD)$ Respectfully - if this drug ever was to get approval - wow - upside would astronomical - but we all know with these biotechs - alot can happen. I bought a decent sized lot and will hold for a lotto. Good luck everyone
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ Google is all set to move up in wave V of 3 towards the 150$ mark.On the way up watch out for levels 131.9 and 134. If the stock surpasses them with ease that would reduce the probability of this bounce being an "X" wave and the stock will make it to the 150 mark.
$Li Auto(LI)$ In the ideal world, I would argue that price is trying to form the bottom of what will later form into the lower are of a cup. That means that the price needs to hold above 33 area and start building the right side and later the handle of the reliable cup-and-handle pattern.
$C3.ai, Inc.(AI)$ My thoughts on C3 AI is that we are in for a correction soon to the upside. We have been in a sideways market for a few weeks and I strongly believe the break further to the downside would have happen already. But due to interest rates staying the same and next year being the ultimate interest rate cut year there is a lot of upside for the whole stock market not just C3 AI.I am long on this stock because it has a lot of value in this kind of market condition. But let's be real AI is the new kid on the block and one thing we know about new kids on the block is they get pumped by retail investors causing large corporations to cover shorts lol. Let's also be more real you can already see that the shorts have
$Advanced Micro Devices(AMD)$ AMD had an amazing day launching higher after their earnings report.That being said... a trap is forming.We have detected a rug pull event on the 30 min. timeframe at the $97 price level. This brings a high probability that price action will drop back to $97 sometime in the near future.
$Estee Lauder(EL)$ High quality holders with Vanguard, Blackrock and State Street leading with about 19% combined may see today sell-off as a significant buying opportunity. Seeing this as a technical sell-off, ELC's product line is strong and well diversified. High operating costs need to be addressed but at $100ish, ELC is under-valued.
$E-mini Nasdaq 100 - main 2312(NQmain)$ NAZ under yesterday O/N High, Diablo and under Blue Box Top (14475). Mid Blue Box is 14350, Fib Level at 14375 and Gap at 14300. NAZ is sitting on TLX 14427, bottom of channel and KL 14403 may be a bounce zone back to KLOD. O/N mid level is 14457, The KLOD is above Mid O/N and trend is lower today, may see channel break and Gap Fill. FED Day, I normally do not trade, though I would pass along. Just keep in mind that the prior two day lift was weak and did have much O/N help with a Sunday Gap Open, may be just another "Air Pocket", Drop Offset prop job and will have to bounce hard off something to take out recent highs. We do have a huge FA below at 14125. Drop/Pop could be in pl
$Pinduoduo Inc.(PDD)$ Guru’s Opinion on PDD Holdings Inc ADR [PDD]:Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PDD shares is $122.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PDD stock is a recommendation set at 1.27. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
$Rivian Automotive, Inc.(RIVN)$ good news starting to roll- EV charging revenue, Cantor Fitzgerald's upgrade, job training for new plant, lead player in EV truck market due to legacy automakers pulling out or slowing their plans- I think the Wall St wants this up before earnings.
$SolarEdge(SEDG)$ Wednesday is SunRun earnings, another 4 days of pain, 3 anticipating them saying lower installs, 1 after they report. Probably looking at another 20% haircut to $60 through there. Because magically every time solar reports the whole industry sells off.
$ABVC BioPharma, Inc.(ABVC)$ I hope everyone in ABVC does well. I have a stock SRNE-pharma- and been holding over a year with a lot of promises but no results. With all the low price Pharma's you must be willing to take a chance if you want to get into this game. If it works out then you're set, if not you continue to hold and keep hoping. Good luck to holders.Something is Fishy with this Company. Look at all the top exect's. They all making $200K and over 90% of share is own by insider!!! Something is Wong with this company.
$Palantir Technologies Inc.(PLTR)$ Stock being managed so it does not run up too much, they work it down and load up.When Palantir comes out with increased earnings and revised upward earnings due to AIP the stock will go up but will remain right around $18 again.
$Bank of America(BAC)$ Got the initial spike down to a new 52wk low, into those teens (again), followed by a bounce to an intrasession high and now the fade is underway. I have every confidence that the set-up is to return the bid to around the session low, which would set up more down tomorrow.
$Alphabet(GOOGL)$ $Alphabet(GOOG)$ GOOG is oversold today, a drop of over 10% for a large cap stock, that’s way too much. I agree Alphabet should be punished for its weak performance in the cloud space, but 5% is enough. Hope GOOG bounces like 6% tomorrow.

What's Next for Microsoft Stock With Earnings on Tap?

$Microsoft(MSFT)$ In the daily bar chart of MSFT, below, I can see that the shares have weakened since a high made in July. The stock has been crisscrossing the 50-day moving average line. The rising 200-day moving average line intersects down around $302.The On-Balance-Volume (OBV) line has been weak since the middle of July. The trend-following Moving Average Convergence Divergence (MACD) oscillator is just slightly above the zero line. In the weekly Japanese candlestick chart of MSFT, below, I can see a number of upper shadows at the various peaks since July. All these upper shadows tell me that traders are rejecting the highs. The slope of the 40-week moving average line is positive.The weekly OBV line has soften
What's Next for Microsoft Stock With Earnings on Tap?
$Rivian Automotive, Inc.(RIVN)$ Yesterday, for no apparent reason, the stock saw a sudden surge. However, just after the market closed, news broke that the company plans to issue $1.5 billion in convertible bonds, and today the stock plummeted more than 13% (still ongoing as I write this). This situation reminds me of another company that pulled a similar move, $Snap Inc(SNAP)$ Snap Inc. (SNAP). I should have a post from last year where I specifically wrote about this. Since then, I've steered clear of Snap and won't go long on it again. I'll dig it up and pin it for a few days when I have time.I strongly advise staying away from companies that exhibit these kinds of behaviors.

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