Amazon $AMZN has now signed the deal to acquire MGM Holdings for a reported $8.45B
— Stock Market News (@StockMKTNewz) May 26, 2021
Amazon $AMZN has now signed the deal to acquire MGM Holdings for a reported $8.45B
— Stock Market News (@StockMKTNewz) May 26, 2021
Thanks FJ. Still so much to learn... again, you're in depth analysis is much appreciated!FJ43 said:No worries here is what I see anyway....Ccutamu said:
FJ... first off, you're a witch on these charts! Tip of the rally cap/hat for all that you do... I've learned a ton from you in the past 6 months.
Can you look at TIGR? Seems to be ready for a breakout, if it did not already. It broke down trend yesterday with huge volume relative to the last few weeks and MACD just crossed over a few days ago. It looks to have ST resistance of $22.70ish and then a possible breakout up to $28.
Appreciate it!
Not sure what the catalyst was for the volume but....
- Solid volume yesterday.
- Downtrend break
- Reclaimed MAs including the 50 EMA
- Rejected right at resistance around 21.00
- Above resistance probably at about 22.61 & 24.47
- Model T approx. 25.73
After yesterday's move I could see some consolidation here where much of the volume of accumulation has been. Once it can reclaim $21, I think you'll have continuation back to at least MT. Be on watch though it doesn't have a false breakout like back in late April where it was rejected at $22.50ish level.
See what happens next few days with any continuation of volume or not.
Quote:
May 26, 2021 08:52 AM ET (BZ Newswire) -- News
Used vehicle marketplace company CarLotz Inc (NASDAQ:LOTZ) issued a company update that's sending shares down sharply on Wednesday morning.
What Happened: A leading corporate vehicle sourcing partner for CarLotz has paused consignments to the company.
In the first three months of 2021, this sourcing partner represented 60% of all cars sold and sourced by CarLotz. In the second quarter to date, the consignment partner represented less than 50% of cars sold and 25% of cars sourced by CarLotz.
"The surge in wholesale vehicle prices and the continuing new car chip shortage continues to place limitations on inventory sourcing throughout the industry," said CarLotz CEO Michael Bor.
Bor said the company is taking steps to address the loss of vehicles through items like consumer consignments, trade-ins and consumer purchases.
Related Link: Exclusive: CarLotz CEO Discusses Company's Growth Advantages On SPACs Attack
What's Next: CarLotz is guiding that it will open 14 to 16 hubs in the current fiscal year. The openings for the second half of the year will happen later than originally anticipated.
"The 2021 contribution from those hubs will be less than previously anticipated due to the timing," Bor said.
CarLotz is guiding to sell 13,000 to 15,000 units for the full fiscal year, a 100% year-over-year increase.
The company sees full fiscal year revenue hitting a range of $272 million to $317 million.
Previous guidance given by the company called for 18,000 to 20,000 units sold for the full fiscal year and revenue to come in a range of $335 million to $375 million.
Price Action: Shares of CarLotz are down 19% to $4.22 at publication time.
Watch Benzinga's recent interview with Michael Bor here.
We have a lot of h.s. graduation activities this week and then he is headed to A&M !!!CrazyRichAggie said:
Got end of school activities all day today, so I'm going to need a good play by play, gents.
cageybee77 said:
AMC is nuckinfutz. Not sure what to do with it.
Ditto. Youngest graduates on Tuesday and at NSC on Wednesday of next week.DallasAg2 said:We have a lot of h.s. graduation activities this week and then he is headed to A&M !!!CrazyRichAggie said:
Got end of school activities all day today, so I'm going to need a good play by play, gents.
New Student Conference beginning of June.
Sheesh. MM saying **** yo Chinese stonks.Irish 2.0 said:
PDD with a solid beat on ER and Rev.. This could create some momo in the Chinese stocks since they've sucked ass lately
cageybee77 said:
Futures soft.....perhaps a day to be extra choosy.
#ELOX broke last 3 day pattern of a large seller in first 30 minutes to set the tone for pullback. Watch for move above $1.48 to see volume, although that 50k+ share buy spike that just happened might kick things off.
— 2021 Opportunity Stocks Knock (@oldarmy1) May 26, 2021
Slow grind or a pop? No clue.
yes, yes she isFJ43 said:
TSLA moving
FJ43 said:
CRWD with nice day. Could see gap fill back to $220.
Weekly 220C at $1.80/90 as a lotto.
NRD09 said:FJ43 said:
CRWD with nice day. Could see gap fill back to $220.
Weekly 220C at $1.80/90 as a lotto.
What kind of Bourbon are you drinking tonight!?