Red Red Wine said:

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Released Q1 numbers (preliminary) and they are up over last year by quite a bit so probably is the pop this am.

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McInnis 03 said:

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$SNDL To acquire Inner Spirit Holdings and Spiritleaf Retail Cannabis Network for ~$131M (Sundial Growers Inc.)
(More at https://t.co/AeOBvmm5Ee)

— TradeTheNews.com (@Trade_The_News) May 5, 2021

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cageybee77 said:

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Technical question: Studying some 30-day squiggly lines and I think I see that some stocks cross (upwards) their EMA and can stay above the EMA for days (LPX), some others cross the EMA (upwards) and rarely stay above their EMA for even a full day (AMRS). Why do you think this is? Thanks!!

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$PTON @RobInTheBlack "The most bearish pattern is now the most bullish pattern" pic.twitter.com/MZvuSpwN1d

— Alex (@AlexsOptions) May 5, 2021

McInnis 03 said:

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McInnis 03 said:

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You do NOT want to be associated with the "MC" acronym, I assure you of this. God speed.

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He is soooooooooo right about this.

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wanderer said:

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Agvet12 said:

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McInnis 03 said:

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McInnis 03 said:

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You do NOT want to be associated with the "MC" acronym, I assure you of this. God speed.

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He is soooooooooo right about this.

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Bold move cotton, quoting and agreeing with yourself in back to back posts

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https://images.app.goo.gl/XBzhmuRuFNiYkxJD7

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AG 2000' said:

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It's going to a buck at this rate. Will people keep holding at that point?

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McInnis 03 said:

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How do you know Tech Analysis is just a "thing"?

Pattern Trader: Head and shoulders on PTON weekly, goodbye PTON
Price Action Trader: Head and shoulder on PTON my ass, broadening formation and it's at the bottom of the megaphone, HELLO PTON

$PTON @RobInTheBlack "The most bearish pattern is now the most bullish pattern" pic.twitter.com/MZvuSpwN1d

— Alex (@AlexsOptions) May 5, 2021

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Jet Black said:

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AG 2000' said:

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It's going to a buck at this rate. Will people keep holding at that point?

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Is Musk supposed to pump this thing on SNL?

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AG 2000' said:

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irish pete ag06 said:

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$30,000 Millionaire said:

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RenoAg said:

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$30,000 Millionaire said:

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Google and Microsoft look pretty solid for buy the dip candidates. I'll post some charts when I get home.

F the office. I really should be a full time trader.

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What about da frooooooot?

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OK - teaching moment. Look at the chart and tell me what you see and if it looks like a high probability setup to you.

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I wanna take a hack...

Daily Chart


I'd like to see it reclaim the 34/50 (blue cloud) on the daily for a longer term purchase.


Hourly Chart


Really bearish look on the hourly, it's been repeatedly rejected on the 34/50 cloud.

I don't think it's done going down.

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Can someone translate this chart setup to TOS please?

I've played around with the Ripster EMA clouds but can't get it to look like this. Sure I'm missing something, hoping someone can help out.

I promise to pay it forward with dope stock picks or bourbon. or both.

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Ragoo said:

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Reversal or bounce and fade?

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Quote:

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This Pickup Truck Accessories Company is a Potential Major Player in 3 Billion-Dollar Markets
8:30 am ET May 4, 2021 (Benzinga) Print
COVID-19 is changing lives as we know it. But one thing this pandemic hasn't changed? America's love for pickup trucks.
According to Forbes, five of the country's best-selling vehicles in 2020 were pickup trucks spelling great news for truck accessory companies. For example, the truck bed cover or tonneau cover market alone is valued at $600 million in North America.
For the last 10 years, Worksport (OTC: WKSP), a leading tonneau cover manufacturer, has enjoyed great success in the market by offering a full line of innovative truck bed covers for every major make and model, from the 1990s to trucks that are yet to be officially launched.
Its latest innovation, the TerraVis System has vastly broadened the company's market size, scope and opportunity. The adoption of this advanced technology by the truck accessories company has changed its DNA, making it a potential competitor in three different billion-dollar markets.
What is the TerraVis System?

The TerraVis System is a first-of-its-kind mobile solar power generation system that is suitable for electric vehicles (EVs) and other purposes. It combines the practicality of a high-quality tonneau cover with the freedom and flexibility of mobile solar power generation and storage.
Solar panels integrated into the tonneau cover capture energy everywhere the truck goes and store that energy in expandable, modular battery banks installed into the truck's bed.
The TerraVis battery system, "TerraVis Cor," provides immediate power in the face of a crisis using the power of renewable energy to expand the potential of the pickup truck far beyond its practical capabilities.

Charging EV pickup trucks
From Tesla's (NASDAQ: TSLA) Cybertruck to Ford's (NYSE: F) electric F-150 and other companies such as General Motors (NYSE: GM), Nissan (OTC: NSANY), Lordstown Motors (NASDAQ: RIDE), Nio (NYSE: NIO), Arcimoto (NASDAQ: FUV), and Nikola (NASDAQ: NKLA), the much-anticipated EVs are set to dominate tomorrow's roads.
But the entry of EVs comes with many challenges from the already overdrawn electrical grid to travel range and plug anxiety.

With the onset and adoption of EVs, the TerraVis System offers an alternative power solution as it can provide, to start, up to 30% of the power needed for the average daily commute (of about 30 miles).
Standalone battery storage

TerraVis Cor is exciting because it will also be a standalone consumer product. This means that it is available for purchase even if you're not a truck owner.
The system will take power from the cover and store it in modular battery packs storing 1.5kWh of energy in up to four batteries that can be stored and transported in the truck's bed using the TerraVis mounting system.

It will allow the same freedom from the power grid being chargeable by any wall outlet, solar panel or 12V power source. When one of the batteries is depleted, you can exchange the depleted battery with a fully charged replacement battery.
The batteries will power almost anything with its in-built 2,000W power inverter, which will be extremely useful at a job site, campsite or in the event of a natural disaster or power outage.
Market Potential for Worksport

With the adoption of TerraVis, Worksport will have three major monetizable systems.
Apart from the tonneau cover market, Worksport finds itself in the pickup specialty-equipment market as a whole, the EV market and the battery storage system market.
In 2019, over 3 million pickups were sold in the U.S. alone. Pickups account for over 25% of the specialty-equipment market a $12 billion segment of the industry and that's where TerraVis will begin.

The second is the EV market, which is currently estimated to increase to $30 billion by 2030.
The third is the global battery energy storage system market which is valued at $2.9 million in 2020. The market size is expected to grow at a compound annual growth rate (CAGR) of 32.8% from 2020 to 2025 and estimated to reach $12.1 billion by 2025.
Within these markets that Worksport can participate in, the cumulative size is forecasted to be in excess of $24 billion by 2025. With only a nominal 5% market share, it would amount to over $1.5 billion in top-line revenues for Worksport.

Promising Future
As reusable energy technology becomes increasingly more popular in the automotive industry with the introduction of EVs, Worksport has found a way to integrate its tech into an accessory for current truck owners and future EV truck owners.
For current pickup truck owners, TerraVis provides access to EV tech without investing in a new truck bridging the gap between the everyday and what's to come.
For future EV truck owners, it's the opportunity to further leverage renewable energy, increasing utility and decreasing carbon footprint.
The TerraVis battery system will also open up a whole new market not just the 60 million pickup truck owners, but any one of the 350 million consumers who are statistically getting out more and enjoying time disconnected.

As for financials, Worksport recently closed its oversubscribed Reg-A offering, raising over $4 million. The company currently has over $10 million in cash and no long-term debt, making it one of the most promising companies to look out for with its multibillion-dollar revenue potential.
To learn more about Worksport, visit its website here.

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FJ43 said:

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cageybee77 said:

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Technical question: Studying some 30-day squiggly lines and I think I see that some stocks cross (upwards) their EMA and can stay above the EMA for days (LPX), some others cross the EMA (upwards) and rarely stay above their EMA for even a full day (AMRS). Why do you think this is? Thanks!!

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Check their ATRs. Chances are AMRS does extend much past the mean historically. Get +1 or over and pullback where LPX rides +1 or above and rejects the +3.

Example LPX is approaching +3 now. Other than a stretch from 412/4/19 it usually pulls back.

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