Hi tech redneck
voted
$Advanced Micro Devices (AMD.US)$
Big gap down to support following AMD's earnings release.
- Apparently, investors didn't like the initial earnings release.
- The gap down abruptly stopped at a major Fibonacci support level.
Bullish investors tend to enter long positions at support.
- You can see a clearer picture of the Fib level below with daily candles.
- This Fib level acted as major support last Thursd...
Big gap down to support following AMD's earnings release.
- Apparently, investors didn't like the initial earnings release.
- The gap down abruptly stopped at a major Fibonacci support level.
Bullish investors tend to enter long positions at support.
- You can see a clearer picture of the Fib level below with daily candles.
- This Fib level acted as major support last Thursd...
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Hi tech redneck
commented on
Hi tech redneck
voted
$Tesla (TSLA.US)$ jump more than 8% on Monday, following news that the company is considering another stock split.
Its current price doesn't seem very friendly for retail investors to buy. But do you know it is actually much cheaper than two years ago?
In August 2020, the EV company split one share into five shares.
If Musk didn't decide to split the stock, Tesla's stock price would be worth almost $5500 a share now.
Let's assume that the stock split n...
Its current price doesn't seem very friendly for retail investors to buy. But do you know it is actually much cheaper than two years ago?
In August 2020, the EV company split one share into five shares.
If Musk didn't decide to split the stock, Tesla's stock price would be worth almost $5500 a share now.
Let's assume that the stock split n...
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Hi tech redneck
liked
$Tesla (TSLA.US)$ market is in correction. high growth stocks are currently in bear market and will be subjected to exact valuation as of value ratio. Tesla likely to hit below $500 given market valuation.
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Hi tech redneck
voted
U.S.-listed Chinese stocks sank again on Tuesday. The Hang Seng China Enterprises Index posted its biggest drop since November 2008, while the Hang Sang Tech Index tumbled 11% in its worst decline since the gauge was launched in July 2020.
It seems tempting to call for a bottom after such a heavy selloff.
Do you think the valuation is low enough to buy?
It seems tempting to call for a bottom after such a heavy selloff.
Do you think the valuation is low enough to buy?
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Hi tech redneck
commented on
Columns Vote Now | Elon Musk challenges Vladimir Putin for 'single combat', says 'stakes are Ukraine'
“I hereby challenge Vladimir Putin to single combat,” Musk wrote on $Twitter (Delisted) (TWTR.US)$ Monday. “Stakes are Ukraine.”
Musk wrote out both Putin’s name and the word “Ukraine” in Cyrillic script.
But while Putin’s name was written out in Russian, “Ukraine” was written in Ukrainian, a show of support from the world’s richest man toward the plight of Ukrainian citizens after Russia’s unprovoked invasion ...
Musk wrote out both Putin’s name and the word “Ukraine” in Cyrillic script.
But while Putin’s name was written out in Russian, “Ukraine” was written in Ukrainian, a show of support from the world’s richest man toward the plight of Ukrainian citizens after Russia’s unprovoked invasion ...
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Hi tech redneck
voted
Car rental stock $Avis Budget (CAR.US)$ surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading volume.
The stock closed 108.3% higher Tuesday at $185.7%. Trading in the stock was halted multiple times Tuesday morning, and it was up more than 200% for the day at one point.
Vague comments on the conference call by executives about increasing purchases of electric cars for its fleet appeared to add juice to the rally, as chief executive officer Joseph Ferraro said the company would play a “big role” in the growth of electric cars in the U.S.
Another car rental stock $Hertz Global Holdings, Inc. (HTZZ.US)$ 's shares were also the subject of a trading frenzy earlier this year. Its stock has risen more than 110% since August.
What you may interesting in is that $Tesla (TSLA.US)$ CEO Elon Musk said on Monday night that his company has yet to sign a contract with Hertz. However, Hertz said Tesla has already started delivering cars into its rental fleet.
It seems that everything related to EV will suddenly go up. Any comment on the "new tech"? Is it the future or just another overrated topic in the market?
Source:
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
The stock closed 108.3% higher Tuesday at $185.7%. Trading in the stock was halted multiple times Tuesday morning, and it was up more than 200% for the day at one point.
Vague comments on the conference call by executives about increasing purchases of electric cars for its fleet appeared to add juice to the rally, as chief executive officer Joseph Ferraro said the company would play a “big role” in the growth of electric cars in the U.S.
Another car rental stock $Hertz Global Holdings, Inc. (HTZZ.US)$ 's shares were also the subject of a trading frenzy earlier this year. Its stock has risen more than 110% since August.
What you may interesting in is that $Tesla (TSLA.US)$ CEO Elon Musk said on Monday night that his company has yet to sign a contract with Hertz. However, Hertz said Tesla has already started delivering cars into its rental fleet.
It seems that everything related to EV will suddenly go up. Any comment on the "new tech"? Is it the future or just another overrated topic in the market?
Source:
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
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