Earning season is here and so are the deals. Here are 5 stocks that have pulled back due to earnings!
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For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 310,000!
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The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
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Rip and dip potato chip what's going on team, it's ricky with tackle solutions, and just like you guys have asked me, i made a video two days ago talking about 13 oversold cheap stocks. You guys asked me to continue making these videos and today is april 30th. We have all the stocks during the pre-market session for earnings week, there's still more stocks that are going to be reporting earnings, but for this week i feel like we did a pretty good job. If you guys would like us to continue to make these videos, all we literally ask you to do is to drop a thumbs up, giving us at least some form of indication that you enjoy these videos.
What i want to talk about are five oversold stocks. Since the previous video uh, there are stocks like apple facebook, qualcomm ebay, that have reported earnings but which ones have pulled back enough that are decent deals now so again, please make sure that you take time and do your own uh due diligence, if you guys missed Last week, or yes or two days ago, if you guys missed that video feel free to check it out uh, but these are the 13 stocks that i talked about in that video uh, the first one that is new to the list. Is s w k s? So this one is already down seven percent, so this one reported earnings today and it hit f. It went from 180 day highs at 205.
A share back to the sma line. Like we know, patterns tend to repeat themselves. They don't always have to. It tends to do a pretty good job, finding the support level at the sma line, but let's not be surprised if it breaks below so make sure you set effective alerts on both sides if it were to make a full recovery from where it's at.
As of right now to previous resistance levels, that's about a 12 recovery that it offers dxcm. We experienced the nice little pullback. It hit nearly highs of four. What was that nearly 430 pulling on back to the sma line? I thought it was attractive because it's seven percent margin again, it's not crazy potential, but, let's be honest right.
This thing can continue to sell off. So i think that as we're talking about it now, if you want to follow up with it, there's no reason to invest in any of these stocks right now, if you don't feel comfortable or if they're still selling off right, if anything, the more patient you are And the more they sell off the better deal you can get so think about it. That way, challenge yourself to stay patient uh, so i would set my alert to see if it bounces or breaks below the estimate or, if actually bounces and begins to recover. So if it were to bounce at the sma line to previous highs, that offers nearly a 10 percent recovery, uh mgm also reported earnings.
Uh. This one hit 180 day highs at 43.19. It pulled back to the sma line. Trust me this one does not offer crazy and huge margins, but it's very bullish, big picture, it's very consistent and i thought there could be a reliable stock that we talked about.
That's been doing pretty well, that's been doing pretty, that's been holding and been very bullish. So from where we're at as right now to previous highs, you know it's not bad. Eight, seven percent uh if the trade works out perfectly but uh. Of course, we can never plan it to uh play out perfectly, but i just thought it'd be something worth talking about because of how attractive it is to do how consistent and how bullish it's been uh. The last two are my favorite. True, i don't know if you guys heard that i said the last two are my favorite tree. The last two are my favorite two twitter reported earnings down nearly 13 already aggressive selloff. I love tech stocks and i always view when they report any earnings or experience any news that acts as a negative catalyst.
I love taking advantage of the opportunity we do have to, of course take into consideration that it could continue to sell off so make sure you, you know, watch your position size or wait for proper indication of a reversal uh to get that confirmation. But i thought this one would be something worth talking about due to how much it dropped. Imagine losing you know 13 of the overall valuation of a multi-billion dollar corporation right. So i thought this one was something that uh, you know brought a lot of excitement, at least for myself and ebay.
Ebay did the very you know almost exact same thing where it dropped 13 um and then it dropped an additional like two or three percent yesterday, or something like that so um. As of right now, we can see that it's consolidating right around fifty six dollars uh from fifty six dollars. If it were to make a recovery that would offer nearly a fifteen percent return. I find that to be attractive.
I like ebay, i like the potential that it has and how it's been trading, but again, that's just my two cents. The most amazing thing about the stock market is that you are the final decision maker on where you choose to put your money right. I plan to invest in some of these stocks, not all of them, and that's what i would encourage you to do. It's not about investing in every stock that is thrown in your way.
You should be empowered to be your own person and to be selective. If anyone ever tries to convince you to hey, you should invest here. You should put your money here, even if you miss out on an opportunity who cares. You are here to learn how to trade or hear here to learn how to invest.
So you can prepare your future self right. I also did want to update you guys on my tesla position: um, it's up two and a half percent, but i doubled my position just like i told you guys. I think i had 250 shares on the previous video. I now have 450 shares, so i guess i didn't double it, but i added 200 shares to my position and i plan to buy more as long as it begins to indicate signs of an uptrend.
So quick little update for you guys and after that i think the only one that i didn't really want to add to my list, but that did pull back a little bit and it looks like it's already recovered. It's nio and i o reported earnings. It's so loft, but it looks like due to the market recovering so is nio. So i guess we missed that on that one, but i wish you guys nothing but the best. I hope that i earned your thumbs up if you guys want to see future videos like this, make sure you subscribe to the youtube channel and turn on your post notifications. Don't forget to stay connected. We run one of the largest free facebook groups in the world for those who trade in the stock market and we have 311 000 members. It's an absolute free facebook group and that's that first link in the description i'm going to be trading live as soon as next week, monday at market open, and if you want to join us, that's that second link down below.
Like always, let's make sure that we're in the year on agree now take it easy team.
Wouldn't now be the ideal time to raise interest rates? There is never going to be a perfect time where everyone will be happy and the market will shrug it off. Why not now?
I bought some may21 calls for ebay already! I will keep an eye on mgm and twtr. Thank youπ
How did you find these oversold stocks?
What's with the terrible quality
invest in VBHI ….a US oil company that makes money from various existing wells. they just collect a royalty % from each well. it is at .015 cents right now. people think oil is dying but the reality is there are less rigs in operation now after covid and the supply is constrained. OPEC does not want to flood the market again as they took major losses. VBHI is unknown and this is the bottom. when oil goes up this company will go to .10 easy. that is 10x return and you will more than meet your goal in a few weeks.
Here is my humble opinion,
SWKS,
First target… below $178.20
2nd target … below $ 171.89
but first, it can go up to $ 189 before it slides lower.
5/1/2021
I find these videos very helpful. It helps me gather additional stocks to consider and research.
why not JD? Cathie Wood has also been adding to her position for last 2 weeks. extremely undervalued. huge upside in the next few months,
What time frame are you looking at for these?
Ricky Guitierrez… The John Wick of day trading! Today's video was a tight delight. Keep up the good work, just updated my Watchlist. Looking forward to the next upate.
Our main investment interest is in XRP.
They growing and milking mad profit. Invest now.
Donβt forget bout $EH super undervalued
ctxr is the only 1 to buy now its going to be at6-12 1 month
Yo waddup Iβve been a subscriber about 4 years now, and I remember you came into my work in Monterey once at a brew pub., about 2 years ago I think. I remember I never said nothing because I was so nervous. I shit you not Matt LeBlanc came in sometime that same year and it couldnβt of been easier to tell em βHow you doinβ
current rise
Despite all the economic crisis this is the right time to start up an investment
What is up Ricky G?
Picked up ebay, been waiting for this awesome opportunity!
Nice picks ! Thereβs a handful of stocks im buying today that I think are oversold in the fin tech area
what is the best way to make money from investing
HMBL is riding up to $7.77 πππ½πππ Wallstreet pumping it for May 4th as a Vader tribute giving it to the man. May the Force be with you!!!
April is strong month for the market and May is tough month. I would wait till May to see entry point for long. When good stocks like FAANG get tank after great earnings near peak, it's not a good sign. I wouldn't buy in today.
eBay dropped due to eBay managing payments moving forward. Lots of money invested into the systems and the uncertainties in the investors eyes. Keep your eyes opened. Move carefully.
Really like the picks…keep going Ricky
BEST intro ever lol……. "rip and dip, potato chip!"
Hi Ricky yes keep these vids coming!
Nice Video what do you think about RHE or SRPY??
Cool that you mentioned Skyworks Solutions! Another stock that got beat down but IMO has potential is Pinterest!
I'm looking into buying these immediately!!!