Next stop ove 3.00 IMO!
I would think that there were a lot of gifts given During the past X-mas season, where cameras will be added to the gift in Q1. Eg. If someone received a drone with no camera, because the price of the drone, for a decent unit, with-out a camera, then the receiver of the gift will likely go out and purchase the camera himself. Apply this to snow boards, winter and summer skis and etc. I think Q 1 will be a blow-out. The short trade at this point looks to be exhausted, long into earning on May 4th. seems to be the latest trend. IMO
Wait till it moves over the 50 DMA very soon (maybe tomorrow!) these these shorts will really bring out the bashing lies! Know what you own! I see $60 plus by the first week of May. Tons of drones were received over Xmas and Q1 those drone owners were buying up Go Pros like mad, Do some channel checks shorts. That trade is over! Time to go long! IMO
Yep just the big fish trying to #$%$ the little guy! Probably seen the lows for the year then. Refiners will suck up for the driving season. IMO
Definitely Strong. This is not trading fear. This is trading like big fish want a piece of this! Maybe the storage numbers will be bullish tomorrow!
Maybe all those headlines are trick to get longs to sell, while the big fish, cover and go long. I don't know, I thought is was ready to cave an hour ago, still looks strong.
It's strong today but tried for new highs twice and failed. GL longs and shorts!