LOW:NYSE - LOWE'S COMPANIES - 150% home improvements runWas reading an article this morning on the "nesting economy" and they were saying that companies like Lowes and Home Depot have been doing particularly well lately. Lowes has had a 30% jump in revenue for their second quarter which includes a whopping 135% surge in online sales. Chart looks pretty good and not too much volatility. Nice and smooth. Has had a small pullback so might be back in a value area. Could be worth a look.
Search in ideas for "zAngus"
NIO:NYSE - SuperTrail and Trade Station working togetherLot happening in this chart of NIO, but thought I'd just show you how a live trade looks in TradingView using Trade Station.
You can see on the right hand side where I bought the stock (added automatically by TradingView and doesn't move), and where my current stop loss is set (this one I can adjust and move up and down to change my stop). I could also add a take profit (also adjustable) if I wanted to try and take advantage of spikes - like in this case where it spiked just short of $21 before pulling back.
You can see at a value of 20% for a SuperTrail / Trailing Stop Loss where I have entered and exited the trade (as confirmed by the Trade Station buy line). You can also see the approximate gains made if you had trusted and followed the trail. I think its interesting how before and after the buy and sell the 20% signal remained true for this period.
Best thing I like about the trading integration with Trading View is how easy it is to visualise where your entry and exits are, and you can literally just drag the line up and down to change your position. Its cool. I like it.
PFD:LSE - PREMIER FOODS - Up 400% run since mid MarchPremier Foods traded on the London Exchange has been on my watch list for ages, but I have not taken the trade as it has an RSI in the high 80's which would normally it is overbought and due for a pull back. Stock has of course kept going up and up. I'll keep waiting :)
$HERO:NASDAQ - Video Games & Esports ETFA relatively new offering on the market, The Global X Video Games & Esports ETF (HERO) seeks to invest in companies that develop or publish video games, facilitate the streaming and distribution of video gaming or esports content, own and operate within competitive esports leagues, or produce hardware used in video games and esports, including augmented and virtual reality. Could be worth a watch.
A 10% trailing sell looks about right, but here is what a tighter 8% trail looks like:
$CCX:ASX - CITY CHIC COLLECTIVE - Up 175% over 12 monthsCity Chic had a great run through most of 2019 with a slow down / consolidation phase from October through to December. Might be about to start to move up again with any luck. Worth a watch.
City Chic Collective Ltd. engages in the retailing of women's clothing in Australia, New Zealand, South Africa, and the U. S. It offers its products through various brands, such as Millers, Crossroads, Katies, Autograph, and Rivers. The company was founded by Arnold Ian Miller and Sara Miller in 1993 and is headquartered in Alexandria, Australia.
Riding BITCOIN - A 20% Trail would have given you a 130% gainBitcoin has been having a good run of late. A 20% trailing stop would have kept you in the trade since the lows of mid March - a 130% or so gain. Buyers are in charge at the moment and the RSI is indicating that value is still there. Odds would seem to favour a consolidation before continuation of its run. Keep an eye on volume though for confirmation. Never know in this market.
Just to look at a different view, a 14% trail would have kept you in most of the trade without too many re-entries but let you put your money into other areas during the flat spots.
Even looking at Bollinger bands and seeing how the stock compressed so significantly before the breakout would have given you a big clue that there was likely to be a big upward movement. You can see it starting to compress again which would indicate consolidation for a bit before another move - up or down. Be easy to put a stop around that 10500 mark to protect your position.
Additionally, Davey Day Trader's entry might give BitCoin a bit of a pump on the interwebs, so worth a watch for the entertainment value if nothing else.
#DDTG Global for the win :)
$XRO:ASX - XERO LIMITED - Up 115% for the yearXERO has been a great little runner over the last 12 months on the ASX and starting to look like challenging the $90 mark and then onto $100 with any luck. RSI still indicates plenty of value left and it is such an embedded finance / accounting system across most small businesses in Australia that it could well be worth a look.
Xero Ltd. engages in providing online business solutions for small businesses and their advisors. The company founded by Rodney Kenneth Drury and Hamish Edwards on July 6, 2006 and is headquartered in Wellington, New Zealand.
$FZO:ASX - FAMILY ZONE CYBER SAFETY - Up 800% off its March low FZO is in the parental control platform space and has been having a stellar run over the last few months. At 60 cents it could still have quite a bit of "psychological" upside. Sitting at 60 cents, but did get as high as 615 today so might be more room in it. Could be worth a watch.
$GNRC:NYSE - GENERAC HLDGS - 120% gain off a 12% TrailGNRC has been having a strong run and hasn't suffered too badly with the current market volatility. Could be worth a look.
Generac Holdings, Inc. engages in the design and manufacture of power generation equipment and other power products. It operates through the following segments: Domestic and International. The Domestic segment includes the legacy Generac, and the impact of acquisitions that are based in the United States. The International segment comprises of ottomotors, tower light, pramac, motortech, and selmec businesses.
$00265:SZSE - KUANG-CHI TECHNOLOGYBit hard to know quite what to think of these kinds of stocks. Up 300% in the last 30 days there are quite a few auto part type companies with similar charts. Might be all the Chinese buying cars internally who knows? Anyway - fingers crossed - will see how it goes. Worth a look at any rate :)
601216:SSE - INNER MONGOLIA JUNZHENG ENERGY & CHEMICAL GROUPUp 200% since mid June, Inner Mongolia Junzheng Energy & Chemical Group engages in the manufacture of chemical raw materials and products. RSI looks a bit high so could be over priced, but I figure if China is trying to stimulate their economy through building works, then companies like these could be worth a look.
Its business activities include cement manufacturing, coal mining, electric power generation, and ferroalloy smelting industries; and commercial trading services. Its products include substrate, cement clinker, polyvinyl chloride, calcium carbide, and ferroalloy products. (Source: Trading View)
$PDD:NASDAQ - PINDUODUO INC - Up 300% over 12 monthsPinduado is a mobile app that allows users to discover interesting and value-for-money products recommended by others as well as through a personalised recommendation system. Up 300% over the last 12 months it could be worth a watch.
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
(Description source: Trading View)
$VAPO:NYSE - VAPOTHERM INC - Up 170% over 3 monthsVapotherm produces medical devices for patients suffering from respiratory distress and unsurprisingly has been having a great run over the last few months. Could be a bit expensive right now, but worth a watch for an entry.
$TTGT:NASDAQ - TECHTARGET INC - Up 140% since MarchTechtarget is one of those companies where I have tried to read the description of what they actually do, and I still don't understand it. Their chart on the other hand looks good. Might be a bit overbought at the moment looking at the RSI, but always good to see a stock running well post earnings. Could be worth a look.
BGFV:NASDAQ - BIG 5 SPORTING GOODS - 980% gain since March lowsGot lucky on my timing with this one. I was looking around for other sporting goods stocks after how well SPWH has been running and thinking with the US coming into summer and travel abroad being restricted there could be some more upside to sporting goods type stocks. Spotted this one coming back after a pullback and caught a big chunk of todays 30% rise. Not sure how much longer it will run for after todays big bump, but could be worth a look.
BIGC:NASDAQ - BIGCOMMERCE - Another SHOP in the making?BigCommerce has rocketed up on debut. For those who have been in the ecommerce game for any period of time, BigCommerce was one of the big four and still heavily in use today. With Shopify's (SHOP) current price over the $1000 mark, BigCommerce will be an interesting one to watch.