Starting with $GME this morning. Holding nicely and the MACD looking like it’s turning up. The daily chart shows continued interest in going LONG (Buying) this stock. Denying the Hedge funds their short ladder. Provided the retail traders hold their nerve for long enough I’m hoping to see highs to where we were during the @r/wallstreetbets rally. Note that if a price goes to a position, it will normally return there at some point.
The MACD on the 4-hour chart supports this even though looking at a plain chart would not give you this indication. I’m holding the stock for now.
Promising Stock $NIO growth.
Based on fundamentals $NIO is very interesting, this is a company making electric cars that is talking about opening a new factory very soon.
I bought actually at the last dip in price so it’s nicely moving up and the MACD is about to cross 0 so there is a lot of room for movement once we break the high.
This is a very promising company and as many readers will know I particularly like Tech stock because as a veteran programmer.
The 4-hour chart is positive as well, but again I would like to see a break out of this box.
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