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.




Friday, January 15, 2021

WATCH LIST 01/15/2021

 SPCE - Technical breakout on news that of ARKs planned Space ETF short term target $35. Anticipated breakout when stock returned to frontside in RSI and paid off.


APPN - MACD crossover, channel (127-172) breakout attempt, RSI 64 frontside, all three technical positive aspects paint a bullish picture. Long term target $230. 


XL- EV SPAC consolidating on pullback with solid support at $20 so far. If market conditions continue to favor EV plays, this SPAC stock stands to remount the $30's. 


 MVIS - Increase in upside volume with frontside action, potential MACD crossover and cup/handle pattern. Company was recently granted U.A Patent Titled "Variable Phase Scanning Lidar System". 


DGLY- Recent offering being well absorbed by the market, and  fair pricing in combination with a positive recent priced action make the stock favorable for a trade into next week's inauguration. Price Target $3.80 for the short term.


                                                   Not a financial advisor. Not investment advice.

                                                                          Thanks for viewing.      


Thursday, December 31, 2020

WATCH LIST 12/31/2020

 FLGT - New addition to long term portfolio. Price Target $70. Covid 19 testing name.


VLDR - Public name that came to market through SPAC. Industry leader on new technology. Short term swing trade.


SUNW - Stock is on close watch as it is showing high relative strength and is forming a secondary cup handle pattern at a higher base, looking poised for a breakout over the $6 handle. US new administration more focused in renewable energy.


 NTDOY - Gaming sector long term hold on portfolio. Price Target $100.


LMND- Stock showed a very impressive recovery after lock up expiration as the market absorbed plenty of shares. I considered the company a top 10 growth stock for 2021. Price Target $175.


                                                   NOT a financial advisor. NOT investment advice.

                                                                          Thanks for view.

Wednesday, December 23, 2020

WATCH LIST 12/24/2020

 LCA - SPAC mania stock, looking like it could re-test recent highs. Targeting 28 to 30 area on a swing trade.


LMND - One of the high flyers of portfolio, trimmed some at 134 from 93 average, holding long term core. 


SPCE - Stock starting to base after test flight "fail" (or air return) and a stock offering.  Added some 24 to26, holding core from around 17.50. Trading around core on this volatile name and with a new short term target $30, and $40 longer term. 


PLTR - Swing trade as bull flag on daily is coiling up. Bearish Citron Research might  have fueled more shorts getting trapped on the stock as this could spur a short squeeze for a measured move into the 35 to 38 zone.


 COTY - Swing trade initiated at 7.33 as significant call activity was noted in the stock. Also company had a recent positive mention on CNBC. Price target $10 on this swing. 


Honorable Swing Mention KERN $6.50 Price Target.

                                                     NOT investment advice. Not a financial advisor.

                                                                Thanks for viewing. 



Tuesday, December 15, 2020

WATCH LIST 12/16/2020

 ARLO - Continues to be in focus for adds on the way up. Company partnered with CALX to boos revenue. Price target is $10. 

CRTO - Stock has been consolidating in the 18-19 range for a while. It might be the time soon to break clear of $20 psychological level. It is a value play  and should continue its positive trend on positive vaccine news and economic recovery. 


PTON - Continues to perform very positive and looks like it might break the $130 level soon. A target of 140 would be time to reduce position to core and rebuild on consolidation. Shorts seem to be in trouble. Long Term Portfolio. 


 VSTO - The stock is finally showing signs of life on vaccine good news. This another value play and a very well run company. Long Term strong buy looking to break range to the upside soon. Target Price $30.


KERN - Swing Trade that should move to the upside on cannabis sector M & A activity. Looking to break $4 soon. It is a short term trade with a significant chance to test recent highs at the $4.50 area. Longer term price target $6.00


                                              NOT investment advice. NOT a financial advisor.

                                                                    Thanks for viewing.






Monday, December 14, 2020

WATCH LIST 12/15/2012

 VLDR - Velodyne Lidar, Inc. develops and produces lidar sensors for use in industrial, 3D mapping, drones, and auto applications in North America, the Asia Pacific, Europe, the Middle East, and Africa. 

Seems to have found support at the $18 level. Swing Trade a break of the most recent highs in the $22 zone for continuation in to the $25 area. Target $30.

LMND - Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products cover stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers landlord insurance policies to condo and co-op owners who rent out their property to protect their real and personal properties. In addition, it operates as an agent for other insurance companies. The company, formerly known as Lemonade Group, Inc., was founded in 2015 and is headquartered in New York, New York.



LMND- Long Term hold, started position yesterday at $92.48 small and plan in place to add on strength. Pullbacks expected along the way for now patience is key. As always, may reconsider if thesis becomes invalid. $65 area could be max  pain for a stop. 

ARLO - The company is in the security and protection services industry. Another long term hold that's been doing great lately. At the moment 1/2 position size with an add to full size on a tighter stop and breakout potential. Would like to see a few more days of consolidation in the low $8's range for a more explosive breakout into the $10 handle. Always remembering that a failed follow through is always possible. 


NTDOY - Christmas season should continue to push the stock higher into the 24th of December. Plan is to start the trim process close to that date and continue to hold core holding as this is another of our long term prospects. 


FVRR - Right place Right model, Long Term position hopefully finds solid base at $200 to continue steady trend into the $220's. The stock has been a great performer from the 130's average, trims and rebuilds have worked perfectly. Holding a 1/2 position at the moment with a plan to add soon if keeps holding $200 level. 

                                                   NOT investment advise. NOT a financial advisor. 

                                                                       Thanks for viewing. 

Sunday, December 6, 2020

WATCH LIST 12/07/2020

 SPCE -  looking to break $30.00 inflection point, test flight catalyst, core intact, still adding, $40 longer term possibility. Long. Yes, the commas and periods.


ARLO- Breakout pattern with Apple contract rumors very strong lately, long from 5.40, not trimming yet, kinda like +$8 but lets just see. Long.


CRWD - continues to be an animal $200 is a possibility, adding is the plan for a trim $200 over/under.


HIHO- Starting to look golden into a range breakout, legit China play backed up by Street.com, it likes to run hard and its a low float looking ready. Long


WWR- Cup/Handle pattern EV batteries, pure technical swing play.


                                             NOT a financial advisor. NOT investment advice.
                                                                      Thanks for viewing.

Backburner -FROG JMIA OII CHWY PLTR LMND



Wednesday, December 2, 2020

WATCH LIST 12/03/2020

 BA- first 737 Max fight by AAL and Ryanair potential 737-Max order pushed the stock today to $225 resistance area. The stock is on high alert for potential breakout of the $225 range. Long from $160's, after recycling shares new average is $199. Long Term Hold. 


CMPS - Continuous positive relative strength being observed as low 50's look like resistance short term, looking for a remount of $50 to continue positive trend. Sold 2/3 of position above $53 recently and started to re-build bellow $50. After rebalancing position average is now is $40.32, will add on the way up, at the moment position is 1/3 of full size. NOT adding if follow through fails.


CRWD- Company reported an impressive earnings report. I opened a feet wet position at low $140's before earnings and will definitely add more shares as long as it holds above $150. It would not surprise me if we see $200 before year end. It hit $160.50 afterhours. Long Term Position.


TLRY- Cannabis stock being driven by momentum on vote to decriminalize marijuana. Technical analysis shows frontside price action on the daily with MACD crossing to the upside and 50 day moving average creeping up for a golden cross. This is purely a swing trade with targets above $10. Long

WWR- EV Battery play with a clear view of a cup/handle pattern on daily. EV stocks have taken a breather lately with large percentage retreats whereas WWR has stayed with a high relative strength. This is another swing play with targets above $8. Long


Other stocks on Backburner 
SPCE PINS KERN AXAS APPN

                                                       NOT a financial advisor. NOT investment advice.
                                                                             Thanks for viewing.