$Portage Biotech Inc.(PRTG)$ study time — how do you know what candle to buy on the 5 minute chart?At market open, PRTG tested the 50 EMA. But, you could see the top wicks — the opening candles were not very convincing. This is confirmed when it broke down and under the 50 EMA. We were in danger zone.But, look at the candle the arrow points to. After reclaiming the 50 EMA, we held it. We did not get under. This was a very good sign.Further, when PRTG broke down at open, it still made higher lows. Look at the pink horizontal line and the yellow one. Clear higher lows.Add that this is a low float/high SI stock and you get more conviction .The play is to buy on the candle with the arrow and to have a stop loss right under the yellow line. If you buy
$Marathon Digital Holdings Inc(MARA)$ funny BTC.X dropped 1.5K miners all gone flat and showed as a false breakout. Exactly as stated. I along with everyone else have 0 clue in the short term how 0.25 or 0.5 or anything will effect the market short term- there are arguments for both. What I do know is currently btc looks more bullish than bearish and hopefully with a higher high and reclaim the bullmarket band Mara tests 52wk highs when btc tests ath
$Marathon Digital Holdings Inc(MARA)$ Ha this pos had the exact same looking doji 12 days ago and look where it went...how low do think it'll go this time? Fred and his mgt team should forfeit the compensation pkg's from the last 2yrs. All they did was take a less unprofitable company and make it more unprofitable, rewarding themselves for the incompetence !
$Oracle(ORCL)$ please do not not follow the hype or the quick money.This is my highly advice to all of you it is very to lose your life saving in this market.The high frequency traders they can afford to lose money because they are not working with their own money but you can not afford it
$Broadcom(AVGO)$ AVGO had a massive parabolic run. Then they beat earnings and announce a 10-1 stock split and the stock appreciates another 20%. The stock was 42.70 in October 2022 split adjusted. That's 330% in less than two years and it's off it's high off 185 after the split hype. The big money has been made in this stock and I personally would jump back in somewhere between 80-90. Be careful folks...if you have fomo you already missed the boat on this one.
The ReTo Eco-Solutions Inc. $Reto Eco-solutions Inc.(RETO)$ stock price fell by -0.299% on Wednesday, 23rd Aug 2023 from $6.70 to $6.68. During the last trading day the stock fluctuated 13.40% from a day low at $6.49 to a day high of $7.36. The price has risen in 6 of the last 10 days and is up by 116.18% over the past 2 weeks. Volume has increased on the last day by 4 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 million shares were bought and sold for approximately $28.97 million.The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-ter
SummaryUnity reported strong Q2 results, beating analyst estimates on revenue and earnings.The company also raised Q3 and FY 2023 guidance and reiterated the $1 billion adj. EBITDA target by 2024.Despite the solid business performance, however, Unity's valuation looks stretched at 7x EV/ Sales, especially when compared to key peers.On valuation concerns, I rate Unity stock an Underperform/ Sell.Sundry PhotographyUnity $Unity Software Inc.(U)$ software reported strong Q2 results, beating analyst consensus estimates on both top- and bottom-line. The firm's headline 80% YoY growth is inflated, however, due to the ironSource merger. Unity's revenue on a pro-forma basis excl. M&A would have resulted in a topline expansion of "only" 11%.Unity's pro-for
SummaryApple is historically a fiscally sound company with an extensive range of consumer-oriented technology products and services.A slowdown in hardware sales due to a softening macroeconomic environment has resulted in contracting revenue streams.The huge bull run YTD was driven by speculation and came on the heels of the firm's worst Q1 and Q2 in almost 20 years.Shares are currently excessively pricey compared to their intrinsic value, making it difficult to advocate investing at current prices.Any drop in pricing levels towards a fairer valuation would present a great opportunity to invest in a high-quality company.EKIN KIZILKAYAInvestment ThesisApple $Apple(AAPL)$ is one of the most historically profitable and fiscally sound companies in the
The AMC Entertainment $AMC Entertainment(AMC)$ stock price gained 1.90% on Wednesday, 16th Aug 2023, rising from $3.68 to $3.75. During the last trading day the stock fluctuated 10.66% from a day low at $3.47 to a day high of $3.84. The price has risen in 7 of the last 10 days but is still down by -21.88% for this period. Volume fell on the last day by -13 million shares and in total, 56 million shares were bought and sold for approximately $210.63 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying
For Tesla's Superman, Perceived Failures Are Kryptonite
SummaryTesla's CEO Elon Musk's reputation has been damaged, in my view, leading to a change in sentiment towards the company.Tesla's shrinking margins and declining financial position raise concerns about its long-term sustainability.The current sentiment shift and financial challenges suggest that Tesla's stock is overvalued.Sky_BlueFull disclosure, I never liked Tesla $Tesla Motors(TSLA)$ as an investment, but I always thought it was a great company. I think TSLA should be admired for transforming the auto market, making electric vehicles accessible, and starting the major conversion away from fossil fuel vehicles. You have to be impressed with what TSLA's CEO has accomplished.However, as an investor, I've never been fully convinced about Tesla