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    • May 9, 2022

More Buyers or Sellers: Quick Trade Update


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Ekk
Ekk
17 may 2022

Hi John. What’s your view on e commerce such as Shopify or Sea Limited ? Thank you

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John
17 may 2022
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Hi Ekk


SHOP looks very much like HYG to me, which is to say that there's no evidence of any buyers showing up just yet - the recent rally from the lows is corrective. Sentiment on WallStreetBets has been generally negative. It does seem to have just about exhausted the downtrend though. I think there might be one last leg lower to about 270 before buyers show up.


SE look much more constructive. It has completed 5 waves up from the low last week. I think it probably drifts a little lower from here before rallying to take out the prior range highs around 92. As a short term trade I would target around 95-100 as I'd expect to see…


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Miembro desconocido
09 may 2022

Hi, I did not see Truth Social as #1 on the App Store - maybe it was there at first launch, but not anymore. It's #13 in the social networks category. Was there a mistake in the analysis, or am I missing a bigger picture?

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john
10 may 2022
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An android app would be a start perhaps.

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