@commonking weekly ideas 7-13

I am on vacation next week. This week will be busy at work. I am will not be providing a full update this week. (https://stocktwits.com/commonking/message/227235071)

TTWO - not enough selling pressure to breach 20dma (https://stocktwits.com/commonking/message/227752018)

AAXN - 50dma, rising trend line test, flushed ~$90 secondary level into support (https://stocktwits.com/commonking/message/227752205)

IRTC - Still buyers at $110


GWPH - Strong move over $140 should bring new highs, volume is there


ALGN - Strong move through resistance/downtrends


INMD - Huge volume last two days on good numbers, reversal / downtrend break (https://stocktwits.com/commonking/message/227753694)

EVBG - Pretty simple pullback to support so far


PINS - Bounced at previous resistance / 20dma


ZS - Too strong, not enough sellers to reach the 20dma


ISRG - Top of range, 20wma turning up, $1000 PT


ROKU - Would not short unless you want to cover at $200+


RMD - ATH close, sellers could not bring it to the 20dma


INSP - $100 / ATH, Goldman PT 50% higher than previous street high.. not stopping


GRMN - $100 breakout coming, 50% undervalued


PING - previous resistance acted as support, 50dma/trend line bounce, recent secondary digested well... $50+ stock in this market.


SAM - I am TRULY unsure who is betting against these debt free brands expanding globally... $725 PT yesterday from Evercore, lets make it an even $1000... 15% short interest should help.


TWTR - have we seen peak negative sentiment from the "ad boycott" and now the celeb/bitcoin hack? 20wma turning up, poking head out of downtrend.


STAA - Eyes on $50 level, pun intended.


SPOT - 20dma holding, trend still hot... analysts and growth funds continue to play catch up here... dreams of reloading at $210-200, likely just dreams when you look at that volume! (sorry for tiny candles)


New York, New York

Have any questions? Feel free to reach out using the form below, by email or through any of our social media accounts.

© 2021 by Oak River Investments. Proudly built using Wix.com