Our full watchlist is exclusive for our premium members. Click the link below to join our community. https://hyperstocks.org/products/hyper-chat?variant=36739434315939 RRGB Stop loss: 20.30 Price target: 24.00 Second PT: 25.50-26.00 Analysis done on two hour candles. With the vaccine release becoming more real for the world, investors are beginning to see a glimmering hope in restaurants and their stocks reflect their sentiment. RRGB in particular is also being fueled by a strong earnings report that took place in the beginning of November. The stock jumped on earnings and has been inching up slowly and it looks ready to breakout into the 22.00+ zone. Although the chart looks strong and markets appear to be healthy, we must keep our guards up when trading...
Our full watchlist is exclusive for our premium members. Click the link below to join our community. https://hyperstocks.org/products/hyper-chat?variant=36739434315939 SNDL Stop loss: .31 Price target: .50 Second PT: .70 Analysis done on hourly candles. SNDL shares increased Friday along with other cannabis related stocks after the announcement of the upcoming vote to federally legalize marijuana from the House of Representatives. The vote is scheduled to be this week anywhere between December 2nd and December 4th so our goal is maximize any move from marijuana stocks before those dates and have minor positions open until we receive the outcome. Holding through the voting period will obviously be high risk so take that into consideration when opening a position. SNDL in specific also...
Our full watchlist is exclusive for our premium members. Click the link below to join our community. https://hyperstocks.org/products/hyper-chat?variant=36739434315939 PTON Stop loss: 108.70 Price target: 117.50 Analysis done on hourly candles. Looking to redeem themselves after their massive drop on the vaccine news, PTON has been slowly setting up for a climb back to fill the gap back to 125.00. PTON’s potential was accelerated by the Covid 19 pandemic as more people began picking up home fitness equipment after gym closures. Unfortunately their drop on the 9th was an overreaction from buyers who strictly bought due to lockdown potential in the stock, but their fundamentals suggest that they have customer with or without lock down. The stock is currently trading between...
Our full watchlist is exclusive for our premium members. Click the link below to join our community. https://hyperstocks.org/products/hyper-chat?variant=36739434315939 GRWG Stop loss: 23.60 Price target: 29.00-30.00 Analysis done on two hour candles. This stock has been absolutely phenomenal in the past quarter and it looks like its setting up for another upside move. The winners in the marijuana industry seem to be the ones thinking outside the box and not focusing on the product itself. Taking IIPR for example, the company is focused on the real estate side of the industry and they’ve had a tremendous upside gain accompanied with strong growing fundamentals. GRWG is focused on the farm supplies side of the industry and they’re also moving in the right...
Our full watchlist is exclusive for our premium members. Click the link below to join our community. https://hyperstocks.org/products/hyper-chat?variant=36739434315939 LTHM Stop loss: 11.80 (High risk) Price target: 15.30 Second PT: 16.00 Analysis done on daily candles. LTHM fired off on all cylinders to end the week after the company posted earnings that show progress in their business. Livent Corporation is a producer of performance lithium compounds, which is one of the most valuable businesses given the shift towards electric vehicles across the world. Livent recently announced that they are also extending their contract with Tesla until the end of 2021, which is appealing to investors. In terms of the technical analysis, the stock broke out from a key resistance last week...
