Wrong. AAPL spends most of the time consolidating and only makes a few moves a year. This is one of those moves. After January earnings, it took 2 weeks before AAPL stock started going up daily. Guess what? Earnings wrre 2 weeks ago. It is intentional.
AAPL will now move up 1% a day, every day, until it reaches wherever it's going....and then will spend a while consplidating.
The reason is that on May 9th, the Greek PM wrote to it's lenders that it intended to default on it's 750 million euros loans and not make a payment. That is why bonds and treasuries went berserk early in the week. Had this actually happened, the market could have had an instant 10% correction and GOOGL et al would have tanked. However, later in the week, Greece had a change of heart and is now looking to pay it's debt on time.
Naturally, the contents of this letter was only learned recently, but of course the Big Boys knew way in advance this was going to happen. That is a likely scenario why someone bought GOOGL $530 puts, had Greece actually gone through with what they told their creditors, GOOGL surely would have been below $530 last week.
Meant to say "followed by a sharp, inexplicable selloff" instead of "due to". Big difference.
A close above $5 could start a major rally. Here is why I say this. JVA has been in a downtrending channel since September 2014. Currently the top of the channel is exactly $5 and falling. Only once since September has JVA traded above the top of the channel and that was for a few minutes after an earnings explosion due to a sharp, inexplicable selloff.
TSLA, for comparisons sake, was in a very similar downtrending channel, also since September, before breaking out in April. TSLA is now up 30% in a month. That shows what CAN happen once the top channel resistance is broken.
A stock that has been stuck in the same pattern for 8 months, like JVA, can stage a major rally once that pattern is broken. If JVA closes above $5 and stays above $5, a major rally is not only possible but, based on the charts, likely. JVA has been hugging the top part of the channel now for over a month.
Nobody cares. Witht JVA going on a roadshow next month and finally taking an active role in trying to increase shareholder value, combined with a company selling at a 50% discount, prospects look pretty good.
fortune article published 2 hours ago. Aapl made this warning in a recent regulatory filing.
Ok thanks. The article published by Fortune an hour ago and Aple's admission that the fine could be sunstantial makes it seem like they are worried about it.
AAPL recently filed with the SEC and said a "material" impact might occur from the EU's tax probe into AAPL's agreement with Ireland. AAPL could be forced to pay up to 10 years of back taxes. Since $100 billion or more of their cash is overseas, this could be a substantial penalty and also a hit on future earnings. Google the news, this is why AAPL is down and may go down a lot more.
All I know about GOOGL is the chart. It is days away from forming a very powerful golden cross, and it also formed an inverse head + shoulders. One characteristic about the inverse h&s is it will usually retest right around the price it broke out once or twice before rocketing higher. I don't think you will get a much lower price than Friday's close to get back in, but I don't think it will run away from you immediately either. All I know is with two extremely powerful bullish signals happening at the same time with GOOGL, I won't leave any money on the sidelines. This is heading to $650+ fairly rapidly.
I like BIDU's chart too. My best play is PCLN.
This is only an observation, not a prediction. When I look at the weekly chart for JVA, it is eerily similar toFebruary 2014. It was at this exact point in the 2014 chart that JVA rose from $5 to $8.50 in 7 weeks. Today looks EXACTLY like the point last year just prior to it's ascent.
Personally, I am expecting price and volume to start rising pretty dramatically any day now. I am basing this on nothing other than the chart and it's almost perfect similarity to the last time the stock rose over 60% in less than 2 months. Not sure what can move this stock that much but I really wouldn't be surprised at all to see that kind of rise again starting almost immediately. It would certainly make sense given the recent insider buying and hiring the new PR firm. I still think something really goid is about to happen here.
99% sure you are the one who shorted 200 shares at the closing bell to send it red. It was green a minute before the close. Anybody that wastes their money to manipulate the close will get burned in the long run.
Of course, booking profits now and then missing a huge gain on an announcement on a partnership with a major Pharma is the risk. One of the other, or both, is likely to happen.
My broker sent me the news at 9:04 because i signed up for alerts on this stock. I was actually surprised the stock wasn't moving that much but I did buy even after market open.
This time you are wrong. Short sellers are addicted to NVGN. Shorting NVGN is a more powerful drug than anything in the company's pipeline. On March 31st, the short interest was higher than at any time in the past year, almost 50% higher. I'm sure it's higher now even before the data is released. The stock may be taken down temporarily but this is no longer the dog stock it used to be. They have finally turned the corner.
See you when you decide to buy high over $10.
Not sure that is needed. Anisina reportedly kills cancer cells 20 times faster than existing medications And is expected to work against all cancers. It reportedly is working so well it "blew the socks off" according to the research doctors. If Anisina performs in trials to expectations, NVGN doesn't need anything else to become a multibillion dollar company.
That said, I do expect a partnership with a major Pharma to be announced very soon. That may be the reason NVGN hired PCG Advisory Group a couple of weeks ago.