$Coinbase Global, Inc.(COIN)$I've been waiting a while for this one and now it is time to make a first short entry.The elephant in the living room is the big bad bearish divergence on the week chart.Apparently not many can see these divergences that stick out like a sore thumb but they have been very useful in knowing when to take profit.The coloured bands are of Golden Window Fibonacci extensions using the 3 trend based pivots at the start of the 2023 trend and also a reverse 2 point extension taking the accumulative summer '22 high and the bottom.Notice that the top is hitting exactly within these coloured bands.And so if that is a top then it is perfectly balanced in terms of ratio.I only took profit there as I sugges
$Meta Platforms, Inc.(META)$This underperformance is just not cutting it! Zuckerberg, you gotta step up your game. How about taking some lessons from the $NVIDIA Corp(NVDA)$ CEO on how to deliver a solid earnings report every quarter? Enroll in those classes, dude, you desperately need them. Come on, show us some consistency and give investors something to cheer about! We're tired of these ups and downs, give us a break!
$NVIDIA Corp(NVDA)$This stock is being driven into the buffers by its own hype factory. There are so many gaps to fill on the NVDA chart that prolonged and severe retracements are absolutely necessary for the long term success and viability of the instrument. The stocks in NVDA’s position in the past that have not retraced have always crashed and busted instead. The fact is that there are too many weak hands holding NVDA who NEED the price to keep heading up.
$Tesla Motors(TSLA)$Tesla was no longer about getting better at making high-quality electric vehicles for which there was strong demand. For Mr. Musk, incentivized by his pay package, it became about a stock price that must go up. After 2018, Mr. Musk went all in. He made noise, particularly on Twitter. He still overpromised, but he no longer overdelivered; instead he jumped from moonshot theme to moonshot theme to boost the meme-stock association of Tesla. Humanoid robots! Cybertrucks! Fleets of Tesla robotaxis! An artificial intelligence supercomputer whose brain would be all the idle Teslas in the world, networked! And the share price did zoom, making him the richest man on earth, from about $20, give or take, around
$Micron Technology(MU)$MU's ER is gonna be so bummed out! Their HBM is barely scraping by with that 60% yield. And now $NVIDIA Corp(NVDA)$ 's dumping them for $SK Hynix, Inc.(HXSCL)$ for the third quarter B200? Ouch! DRAM market's already saturated, S $Samsung Electronics Co., Ltd.(SSNLF)$ 's pumping out triple what they did last year. It's like a tsunami of memory chips! MU's gotta step up their game or they're gonna get left in the dust. I mean, come on, they can't just sit back and let the competition eat their lunch. They need to innovate, improve their yields, or find some new markets to t
$Tesla Motors(TSLA)$Overvaluations like TSLA do not end when everyone who lacks an understanding of business-valuation suddenly gains an understanding of the subject; they end when there just isn't enough new buyers to come into the market and buy into the overvaluation. For those holding this sort of overvaluation, it becomes a game of "musical chairs"; if they're not quick enough to sell, when "the music stops," they lose.
$AMC Entertainment(AMC)$There is so much great content on $Netflix(NFLX)$ that my wife and I can’t possibly watch it all. There is no way I would ever go to a theater. When searching to see if there was an AMC theater near me I realized that most of them seem to be in the ghettos of the biggest cities. This company is doomed. Just so that you baggies understand, AMC has ZERO chance in turning a profit for 24. The hole in the cash flow is at the point that AMC can not recover the losses already incurred this year.Happy Mood GIF by Pudgy Penguins
$AMC Entertainment(AMC)$the price will likely hit $3 before it hits $10. it will never reach $50 without a reverse split. to reach $50 based on fundamentals and industry PE ratio, they must generate around $835M of true profit per year. even end of the world it probably won't hit $50 again. People less likely needs cinema...hello!?Crush Clowning Around GIF by Sarah Squirm
$Novo Integrated Sciences, Inc.(NVOS)$Hey, listen up. Don't jump into NVOS right now. Looks like most investors are getting ready to cash out their profits, so you might just be someone's exit ramp. The market's tricky, and you don't want to get caught in a trap. My advice? Wait it out, see how the trend plays out. Don't be too eager to jump in – patience is key in this game!
$Tesla Motors(TSLA)$tesla is way over valued. The PE of most car companies is under 10. Tesla is only a car company. And they aren’t even doing that very well. Their year over year sales are down. A few years ago, Tesla proclaimed that they were going to increase their car sales by 50% every year. The Tesla bulls are still thinking that will happen. Other electric car sales in the US are way up year over year. They’re expensive dated cars and their leadership is their main downfall. Fair price for Tesla is $35 a share.I predict $BYD Co., Ltd.(BYDDF)$ will be worth more than Tesla in 2026. Either BYD goes up or Tesla goes down or both is fine with me. 😁