To The Moon

$Clover Health Corp(CLOV)$   Before we start, let me share abit bout this company. Clover Health Investments, Corp. is an American health care company founded in 2014. The company provides Medicare Advantage insurance plans and operates as a direct contracting entity with the U.S. government.  The Nasdaq is warning Clover Health, again, that it could get delisted from the exchange after its stock price fell below $1 per share for 30 consecutive days. If it sounds like deja vu, it is. The insurtech was similarly warned this time last year, before the company reported it achieved compliance in July when its stock price finished above $1 per share for 10 straight days. Clover Health had scheduled a shareholder's meeting announcing the comp

Just gave a little of today’s profits back on this $SPDR S&P 500 ETF Trust(SPY)$ trade. So let’s review it!After a nice rally off the PDL support we got a pullback to the pre market high.Following that strong pre market high bounce I took the calls off the first 13ema dip. Got hit with an ugly stop candle shortly after 🛑Compare this with today’s $Invesco QQQ(QQQ)$ win and they are very similar setups.The main takeaway is that we are essentially risking a 1 candle loss for a multiple candle win! Keep loses small, let winners run 🤙Imagehttps://x.com/cs_tradess/status/1800253393497375140

$GameStop(GME)$ If you Reddit kids had any understanding of how reality works you'd know the price is falling because Kittie's magic is fading fast. Your "friends' are now starting to realize they're constantly being dumped on by the Cohen & Gill tag-team. Please stay, and be the last holding that heavy bag!You Reddit kids have a terrible financial strategy: Buy at any price and never sellIt's a perfect recipe for giving free money to hedge funds and Keith Gill. People like Gill are going to take a huge piece of the pie every single time. Then the rest is divided up among the luckier smaller fish, while everyone else, especially all you Reddit kids, get left with very heavy bags.

For the past few weeks, market was hot again with meme stocks like Reddit, DXYZ, DJT, ALAB, etc... Most of them were having a very short term big gain and eventually retraced back to square within a short time as well. Investing in meme stocks is never easy as you need some luck and high level of technical analysis skill.  As usual, let's look in a two classic meme stocks that I have done their analysis through technical charts, on weekly basic. AMC Let's begin with AMC. Recently, we heard that Fandango veteran Stephanie Terifay has been tapped to help AMC Theatres build out its new movie distribution business following the record-shattering success of Taylor Swift's Eras Tour tour and Renaissance. This might be a good news to the company.  AMC daily chart If we lo

As we observe, Donald Trump's meme stock skyrocketed in March but has now crash-landed. Similar to most of the meme stocks in the market, their explosive rise and dramatic fall show how powerful people can wield their influence to create vast amounts of stock-market wealth, but it doesn't last long without a real business behind it. Let's continue with our weekly meme stocks analysis. As usual, the first one will be AMC. Out of expectation, AMC began to rebound since earlier this week. Last year AMC rode the popularity of concert movies from Beyoncé and Taylor Swift. The movie-theater chain reaped the benefits of "Renaissance: A Film by Beyoncé" and the record-breaking "Taylor Swift: The Eras Tour." In addition to showing the concert movies in its theaters, AMC was also a distributor for t

Last week, most of the meme stocks, including Reddit, Trump Media & Technology Group, AMC, and GameStop, plummeted after the S&P 500 Index dropped following the release of the March CPI report. S&P 500 Index (SPX) retreated amidst growing economic uncertainties and investor anxiety over inflation figures.  As we know, many meme stock investors have a much shorter time horizon in mind as they look to quickly flip speculative assets if the price spikes to turn a hefty profit. However, the risk of investing in meme stocks is more like a betting. Today, we will look in a few meme stocks analysis:  To begin, let's start with AMC. For such stock, no point to look into its fundamental at this moment. From its technical chart, the stock experienced an obvious down trend

$Destiny Tech100 Inc(DXYZ)$ is a closed-end fund, with an initial listing price of $8.25, soaring to over $100 in just 9 days, closing at $99.75. And post-trade on April 10, it surged another 16%.There's a reason for all the frenzy, this closed-end fund is composed of 100 top private tech companies, including $Tesla Motors(TSLA)$ Elon Musk's SpaceX, $Apple(AAPL)$ competitor EpicGame, and the current hottest ChatGPT's parent company OpenAI $Microsoft(MSFT)$ .The main holdings are as follows, with SpaceX accounting for over a third of the portfolio at 34.6%. So buying this CEF is equivalent to buying a high percentage of S

Recently the market is hot with meme stocks again, mainly due to Trumph related counter like DJT and also AI related IPO like ALAB and Reddit. However, it is important to understand that investing in any meme stock or “meme coin” is a risky endeavour. Surges in price that cannot be explained by any company fundamentals are called asset price bubbles. Speculative bubbles are quite common in financial and cryptocurrency markets and offer opportunities to generate abnormal returns in a short period of time. We will talk about a few famous memes in this article. Well, let's start with the classic meme, $AMC Entertainment(AMC)$ . Earlier this week, the share plummeted after the theater chain indicated that it might se

Hi everyone! Today we’ll be looking at a former “meme” stock: Corsair Gaming, Inc. (NASDAQ: CRSR) A look at the monthly chart shows a flag pattern with higher lows and lower highs, with the higher low confirmed on RSI as well. The most interesting development on CRSR is the breakout above the flag that we noticed in December last year. A look at CRSR on the daily suggests that this is the 7th time (in general) that the stock has tested the upper trendline, and it has finally broken out on this attempt. More recent price action shows that accumulation has been taking place on the way down, to, and on the way up from 11.45 with significant buying pressure around 11.45 indicative of a potential double bottom setup as well. The breakout of the falling resistance trendline led to rejection a

China’s meme stock $Gaotu Techedu Inc.(GOTU)$ surged over 70% this week as its rival $EAST BUY(01797)$ is embroiled in a scandal involving the company’s top influencer.The influencer’s fans are turning to purchasing products in $Gaotu Techedu Inc.(GOTU)$ livestream rooms to express their dissatisfaction with $EAST BUY(01797)$ .Will you buy $Gaotu Techedu Inc.(GOTU)$ to bet on its short-term heat?Most-Shorted Stocks: What’s next as most companies gain in Dec.?$B. Riley(RILY)$, diversified financial services provider, fell to $16.65 in

What happens when growth stocks encounter a weak macroeconomic cycle? First of all, there will definitely be sharp rises and falls. $Upstart Holdings, Inc.(UPST)$ plummeted 23% after-hours on Tuesday as its Q3 revenue, earnings, and Q4 revenue guidance all fell short of expectations. Even though UPST is associated with the concept of an "AI-driven platform," it has not been able to escape the suppression of the "high-interest rate environment." The stock has dropped from its peak of $72 this year to $22 after-hours. In terms of performanceQ3 revenue was $134.6 million, lower than the consensus of $139.7 million, and lower than Q2's $135.8 million and the previous year's $157.2 million. EPS was -$0.05, lower than the consensus expectation of -$0.02

Market seems to experience some technical rebound this week. Is this a trend reversal or just some dead cat rebound, it's hard to conclude at this moment, so do trade with cautious.  Usually the meme stocks tend to rally crazily once the market sentiment turns positive. However, never hold long and remember to take profit once you hits your targeted profit. Let's look into the trend of several memes.  FFIE daily chart The prediction earlier last week was correct, with strong two big green candles of rebound but the stock end flat at the end of week after a crash on last Wednesday. Anyway, it's still a very risky trade of this company. From technical point of view, the blue support level near 1 dollar seem to be a strong support. With current price, the risk reward ratio seem to b

Market finally had some rebound signal last Friday and continue the movement early this week. Let's look at the same memes that we discussed previously. How are them going to move this week? FFIE The share price of Faraday remains quite flat over the past two weeks. It is still pending for an obvious move up or move down. From the RSI indicator as shown below, the stock is obviously oversold with a RSI value close to 22! We can observe that in May and September that the share price rebound once the RSI was near to this level too. Will the history repeat? With the oversold RSI, I am short term $Faraday Future Intelligent Electric Inc.(FFIE)$ Bullishfor it. AMC The cinema company! Following my several reviews in t

$GoPro(GPRO)$ Just want to see this stock re-act see it will drop until delist 😅

How many of you have been killed by meme stocks? Or your investment funds being stolen by meme stocks. Of course there are some investors who gain jackpot from these meme stocks too, high probability back in 2020 and 2021 but with very low winning rates over these two years. Roller coaster Let's look at the so-called roller coaster memes. The first one will be $AMC Entertainment(AMC)$ Bullish.  AMC daily chart Pretty nice consolidation of the share price between the two blue lines that I draw. We need to monitor closely and see whether the stock can break over 8.61 resistance. It tried yesterday but to no avail due to a heavy selling pressure. Anyway, I think the share price should retry this resistance agai

Let's look at the movement of the market hot cakes. Most of them are very bearish but it doesn't signify totally no hope from these stocks. We will look into a few stocks below.  AMC  After the huge drop in early September, AMC has been consolidated for over 3 weeks already. This pattern is very ideal and suitable for professional swing traders. Look at the price tonight, the stock rebound near the lower blue support line drawn and we should expect it rebounds to the upper blue line as its resistance. The gain is quite interesting too for short term swing trader. Therefore, I am short term $AMC Entertainment(AMC)$ for the stock as it rebounds from the bottom support line.  AMC daily chart Will

If you follow the prediction on meme stocks last week, it was a big win for FFIE, with about 40% gain in 3 days. However, the engine had not yet engaged for AMC. Let's monitor and look in details on their current trend now.  AMC AMC rose 2.70% to $8.36 last Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ falling 1.56% and Dow Jones dropping 0.83%.  As discussed last week, AMC was expected to rebound based on RSI indicator which showed that the stock was at an oversold zone RSI < 30. However, the stock was yet to have significant rebound last week.  AMC Daily Chart with RSI If we look at its hourly chart, it shows that a higher low pattern was formed. If the candle is able to breakout somewhere near 9,

General Last week, U.S. stocks experienced mixed performance. The ongoing rise in oil prices further lowered the market's risk appetite. This also led to the U.S. Dollar Index hitting a three-month high last week. Bond yields in the U.S. continued to climb as well. This indirectly indicates that the Federal Reserve may not be able to cut interest rates too quickly, as it could reignite inflation. Let's look into the following meme stocks: FFIE This EV maker had experienced a tragedic weeks and the share price starts to find its short term bottom and currently at consolidation phase.  FFIE Daily Chart The stock attempts to rebound tonight but the selling pressure remains strong. However, I am $Faraday Future Intelligent Electric Inc.(FFI

Both meme and Chinese stocks become good brothers recently, plunging down again especially at current turning bad market sentiment.  US memes Last week, the Federal Reserve released non-farm payroll data and unemployment rates. We can see from these two data points that the US economy is slowing down. This has reduced the probability of the Federal Reserve raising interest rates in the next quarter. However, the recent surge in oil prices could lead to a resurgence in inflation. So, I believe the Federal Reserve will not move to cut interest rates too early, as inflation would become very difficult to contain.  With such bad market condition, it is not advisable to long meme stocks as the risk is even much higher. The recent hot meme stocks belong to 

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$Clover Health Corp(CLOV)$   Before we start, let me share abit bout this company. Clover Health Investments, Corp. is an American health care company founded in 2014. The company provides Medicare Advantage insurance plans and operates as a direct contracting entity with the U.S. government.  The Nasdaq is warning Clover Health, again, that it could get delisted from the exchange after its stock price fell below $1 per share for 30 consecutive days. If it sounds like deja vu, it is. The insurtech was similarly warned this time last year, before the company reported it achieved compliance in July when its stock price finished above $1 per share for 10 straight days. Clover Health had scheduled a shareholder's meeting announcing the comp

Last week, most of the meme stocks, including Reddit, Trump Media & Technology Group, AMC, and GameStop, plummeted after the S&P 500 Index dropped following the release of the March CPI report. S&P 500 Index (SPX) retreated amidst growing economic uncertainties and investor anxiety over inflation figures.  As we know, many meme stock investors have a much shorter time horizon in mind as they look to quickly flip speculative assets if the price spikes to turn a hefty profit. However, the risk of investing in meme stocks is more like a betting. Today, we will look in a few meme stocks analysis:  To begin, let's start with AMC. For such stock, no point to look into its fundamental at this moment. From its technical chart, the stock experienced an obvious down trend

Just gave a little of today’s profits back on this $SPDR S&P 500 ETF Trust(SPY)$ trade. So let’s review it!After a nice rally off the PDL support we got a pullback to the pre market high.Following that strong pre market high bounce I took the calls off the first 13ema dip. Got hit with an ugly stop candle shortly after 🛑Compare this with today’s $Invesco QQQ(QQQ)$ win and they are very similar setups.The main takeaway is that we are essentially risking a 1 candle loss for a multiple candle win! Keep loses small, let winners run 🤙Imagehttps://x.com/cs_tradess/status/1800253393497375140

Recently the market is hot with meme stocks again, mainly due to Trumph related counter like DJT and also AI related IPO like ALAB and Reddit. However, it is important to understand that investing in any meme stock or “meme coin” is a risky endeavour. Surges in price that cannot be explained by any company fundamentals are called asset price bubbles. Speculative bubbles are quite common in financial and cryptocurrency markets and offer opportunities to generate abnormal returns in a short period of time. We will talk about a few famous memes in this article. Well, let's start with the classic meme, $AMC Entertainment(AMC)$ . Earlier this week, the share plummeted after the theater chain indicated that it might se

For the past few weeks, market was hot again with meme stocks like Reddit, DXYZ, DJT, ALAB, etc... Most of them were having a very short term big gain and eventually retraced back to square within a short time as well. Investing in meme stocks is never easy as you need some luck and high level of technical analysis skill.  As usual, let's look in a two classic meme stocks that I have done their analysis through technical charts, on weekly basic. AMC Let's begin with AMC. Recently, we heard that Fandango veteran Stephanie Terifay has been tapped to help AMC Theatres build out its new movie distribution business following the record-shattering success of Taylor Swift's Eras Tour tour and Renaissance. This might be a good news to the company.  AMC daily chart If we lo

$GameStop(GME)$ If you Reddit kids had any understanding of how reality works you'd know the price is falling because Kittie's magic is fading fast. Your "friends' are now starting to realize they're constantly being dumped on by the Cohen & Gill tag-team. Please stay, and be the last holding that heavy bag!You Reddit kids have a terrible financial strategy: Buy at any price and never sellIt's a perfect recipe for giving free money to hedge funds and Keith Gill. People like Gill are going to take a huge piece of the pie every single time. Then the rest is divided up among the luckier smaller fish, while everyone else, especially all you Reddit kids, get left with very heavy bags.

As we observe, Donald Trump's meme stock skyrocketed in March but has now crash-landed. Similar to most of the meme stocks in the market, their explosive rise and dramatic fall show how powerful people can wield their influence to create vast amounts of stock-market wealth, but it doesn't last long without a real business behind it. Let's continue with our weekly meme stocks analysis. As usual, the first one will be AMC. Out of expectation, AMC began to rebound since earlier this week. Last year AMC rode the popularity of concert movies from Beyoncé and Taylor Swift. The movie-theater chain reaped the benefits of "Renaissance: A Film by Beyoncé" and the record-breaking "Taylor Swift: The Eras Tour." In addition to showing the concert movies in its theaters, AMC was also a distributor for t

$Destiny Tech100 Inc(DXYZ)$ is a closed-end fund, with an initial listing price of $8.25, soaring to over $100 in just 9 days, closing at $99.75. And post-trade on April 10, it surged another 16%.There's a reason for all the frenzy, this closed-end fund is composed of 100 top private tech companies, including $Tesla Motors(TSLA)$ Elon Musk's SpaceX, $Apple(AAPL)$ competitor EpicGame, and the current hottest ChatGPT's parent company OpenAI $Microsoft(MSFT)$ .The main holdings are as follows, with SpaceX accounting for over a third of the portfolio at 34.6%. So buying this CEF is equivalent to buying a high percentage of S

Hi everyone! Today we’ll be looking at a former “meme” stock: Corsair Gaming, Inc. (NASDAQ: CRSR) A look at the monthly chart shows a flag pattern with higher lows and lower highs, with the higher low confirmed on RSI as well. The most interesting development on CRSR is the breakout above the flag that we noticed in December last year. A look at CRSR on the daily suggests that this is the 7th time (in general) that the stock has tested the upper trendline, and it has finally broken out on this attempt. More recent price action shows that accumulation has been taking place on the way down, to, and on the way up from 11.45 with significant buying pressure around 11.45 indicative of a potential double bottom setup as well. The breakout of the falling resistance trendline led to rejection a

China’s meme stock $Gaotu Techedu Inc.(GOTU)$ surged over 70% this week as its rival $EAST BUY(01797)$ is embroiled in a scandal involving the company’s top influencer.The influencer’s fans are turning to purchasing products in $Gaotu Techedu Inc.(GOTU)$ livestream rooms to express their dissatisfaction with $EAST BUY(01797)$ .Will you buy $Gaotu Techedu Inc.(GOTU)$ to bet on its short-term heat?Most-Shorted Stocks: What’s next as most companies gain in Dec.?$B. Riley(RILY)$, diversified financial services provider, fell to $16.65 in

Market seems to experience some technical rebound this week. Is this a trend reversal or just some dead cat rebound, it's hard to conclude at this moment, so do trade with cautious.  Usually the meme stocks tend to rally crazily once the market sentiment turns positive. However, never hold long and remember to take profit once you hits your targeted profit. Let's look into the trend of several memes.  FFIE daily chart The prediction earlier last week was correct, with strong two big green candles of rebound but the stock end flat at the end of week after a crash on last Wednesday. Anyway, it's still a very risky trade of this company. From technical point of view, the blue support level near 1 dollar seem to be a strong support. With current price, the risk reward ratio seem to b

Market finally had some rebound signal last Friday and continue the movement early this week. Let's look at the same memes that we discussed previously. How are them going to move this week? FFIE The share price of Faraday remains quite flat over the past two weeks. It is still pending for an obvious move up or move down. From the RSI indicator as shown below, the stock is obviously oversold with a RSI value close to 22! We can observe that in May and September that the share price rebound once the RSI was near to this level too. Will the history repeat? With the oversold RSI, I am short term $Faraday Future Intelligent Electric Inc.(FFIE)$ Bullishfor it. AMC The cinema company! Following my several reviews in t

What happens when growth stocks encounter a weak macroeconomic cycle? First of all, there will definitely be sharp rises and falls. $Upstart Holdings, Inc.(UPST)$ plummeted 23% after-hours on Tuesday as its Q3 revenue, earnings, and Q4 revenue guidance all fell short of expectations. Even though UPST is associated with the concept of an "AI-driven platform," it has not been able to escape the suppression of the "high-interest rate environment." The stock has dropped from its peak of $72 this year to $22 after-hours. In terms of performanceQ3 revenue was $134.6 million, lower than the consensus of $139.7 million, and lower than Q2's $135.8 million and the previous year's $157.2 million. EPS was -$0.05, lower than the consensus expectation of -$0.02

How many of you have been killed by meme stocks? Or your investment funds being stolen by meme stocks. Of course there are some investors who gain jackpot from these meme stocks too, high probability back in 2020 and 2021 but with very low winning rates over these two years. Roller coaster Let's look at the so-called roller coaster memes. The first one will be $AMC Entertainment(AMC)$ Bullish.  AMC daily chart Pretty nice consolidation of the share price between the two blue lines that I draw. We need to monitor closely and see whether the stock can break over 8.61 resistance. It tried yesterday but to no avail due to a heavy selling pressure. Anyway, I think the share price should retry this resistance agai

$GoPro(GPRO)$ Just want to see this stock re-act see it will drop until delist 😅

Let's look at the movement of the market hot cakes. Most of them are very bearish but it doesn't signify totally no hope from these stocks. We will look into a few stocks below.  AMC  After the huge drop in early September, AMC has been consolidated for over 3 weeks already. This pattern is very ideal and suitable for professional swing traders. Look at the price tonight, the stock rebound near the lower blue support line drawn and we should expect it rebounds to the upper blue line as its resistance. The gain is quite interesting too for short term swing trader. Therefore, I am short term $AMC Entertainment(AMC)$ for the stock as it rebounds from the bottom support line.  AMC daily chart Will