The TradeXchange

Friday, April 15, 2022

5 stocks to consider days ahead $CRTD $CRWD $ABNB $LAZR $OPEN

 


CRTD - Momentum name into the week, looking at a potential break of the 1.50 mental area of interest. A move to 1.90 area (R2) days ahead not out of the picture. Stop 1.15



CRWD - A favorite of the long term portfolio. It held 210 support and has a frontside RSI 64.13 indicating positive relative strength in a generally weak market. 210 could be a good stop out area if a swing trade is attempted. On April 12 Goldman upgraded the stock to buy with a $285 price target.  



 

ABNB - Another favorite of the long term portfolio. As traveling is expected to rise in the summer, we could see record numbers in this space. Resistance at the $180 area could be challenged days ahead and $200 mental area of interest weeks ahead.


LAZR - Initiated by Credit Suisse with an outperform rating. It is now in the long term portfolio being upgraded from my swing list. Long term mindset. 


 OPEN - The stock double bottomed around $6-$7 and has now what it seems to be a new trend to the upside. I expect a reclaim of the 50 day moving average and a test of the $10 mental area of trader interest. Prices above $15 in six to twelve months not out of the question. 


Saturday, February 5, 2022

Swing Trades and Long Terms $DWAC $BCDA $ANY $VRAR $CFLT

 


DWAC - TRUTH Media launch catalyst in the next two weeks. Frontside RSI as well as pivot being held very well. Targets over $90 into $100 mental area of trader interest. $75 stop. 


BCDA - The company released recent news for FDA granting of Breakthrough Device Designation on its CardiAMP Cell Therapy System for the treatment of heart failure. The stock gaped  up last Thursday on very high volume and held the $2 mental area of interest now being what appears to be strong support. Looking forward I expect continued uptrend into R2/$2.58 area of resistance. First targets over $3 weeks ahead. The long term picture is looking better for this company. My long term target is $6. (BCDA Ratings) (News)


ANY - Pure momentum play going into Monday's trading session. The stock should benefit from recent positive news and Bitcoin bounce. Targets over 3.50 mental area of trader interest and into 3.75-3.80 resistance zone. Stop $2.80 (Recent News)


VRAR - The company continues to make investments in the VR/AR software sector with its recent acquisition of Sector 5 Digital. (News). The technical picture has improved with the stock holding recent support 8.65 to 8.80 area. In the weeks ahead there could be more positive developments as the VR/AR sector regains traction on the bullish side and traders start to pile on for a move the R1/11.50 area of resistance. Long term target $18, Stop $8. 



 CFLT - The stock is a favorite of the long term portfolio. The technical picture has improved as the stock held its pivot area at $64.30 and bounced strongly into the 50dma resistance zone. I expect the stock to grind up in the next few weeks and conquer new all time highs. Long term mindset as long as thesis remains valid. Target $110. 
 
Not a financial advisor. This is not investment advice. It is only for educational purpose. My own trade ideas. 



Saturday, January 29, 2022

Swing Trades and Long Terms $OII $CFLT $TTC $VRAR $PATH

 

OII - Pullback into 200ma potential opportunity for adds as recent uptrend still intact. Targets above $17 weeks ahead. Medium term timeframe. Stop 11.60.  


CFLT- Bullish engulfing candle could indicate the end of the short term downtrend. This is a long term holding looking 3 to 5 years out to build a position and trade it over a core holding. Not planning on a stop sale for now as position is a small starter with a plan to add if there positive performance. Only reason for stop would be a fundamental change of thesis. 


TTC - Similar thesis as CFLT, more on the value side as the company has earnings. It could start to improve on technically as a 4x bottom is in evidence around the $90 area of mental interest at support. 


 VRAR - Virtual reality, NFT and metaverse all included in this high growth speculative name. So far it has held support 7.00 to 7.55 area. This position is on max size normal conviction for now with a potential to increase to high conviction size if improves performance. Stop 7.55. 


PATH- High Growth name with good management and corporate culture. Looking 3-5 years out with a starter position to increase overtime and trade over a core. No stop sale planned as it is small size for now. Only reason to sell would be a change of fundamental thesis. It is oversold at the current time with RSI around 30. Long Term Mindset on this company. 

                                      Not a financial advisor. This is not investment advice. 

                                                                    

Saturday, January 8, 2022

Watch List 01/10/2022 Potential Set-ups For DT's

 


HGSH - Ideally early spiker at the open to 3.70 resistance and 4.00 over/under for a scale into the short risking .30 cents 4.30 area. Covers low 3's and lottos (small shares) held for potential flush bellow $3. If weak open low 3's would consider long side trade for .20-.30 cents scalp.  



MRIN - Ideally short scale in front of 4.65's up to $5 over/under risking 5.30's. Cover's lower 4's and keep small size core for potential fade bellow the $4 area of interest. 



DOGZ - I will be watching 3.20's support for soaks if any. Would like a weak open 3.30-3.40 with 3.20 risk for a potential re-test of 3.90's and 4 over/under. Only a morning play first 1/2 hour of trading after the open. 


Not a financial advisor. Only for educational purpose. My own ideas.
Thanks for viewing.