I am not a financial advisor. All information below is my opinion only.
The SPY is attempting to break out of a consolidated phase. With the Biden administration pushing the proposed infrastructure package, the market may begin to price this in with a move towards $450 in the second half of this year. After this level, one has to wonder what else the administration can propose to keep the economy in recovery and onto expansion. But with a depopulating, aging, and increasingly indebted society, we have to consider that a secular change could take effect in years to come. But that will also take cooperation from the Fed to raise and sustain higher interest rates.
HAE is looking to breakout as well. I’m looking towards the $60 level as the next major resistance area. If the stock breaks through $60 decisively, the next level of major resistance is around the $70 level. I will not begin selling until the stock crosses $80. Over the next two years, the stock can rebound back to $100+ if plasma donations continue to recover and new contracts are signed with the company that result in regaining market share.
HOGE is currently in a depressed state in terms of price. The alt coin market is under tremendous pressure at the moment. But a US exchange listing could breath new life into HOGE’s price movement. The bigger picture is what is happening behind the scenes as the community is planning and forming many business relationships including one with NASA. I will hold this coin indefinitely as the talent and determination of the most active members in this community is quite formidable.
Rolfe
HAE seams to have regained it’s legs; so good call. I enjoy learning your thoughts and admire your talent regarding finance. I notice you are following lots of other tickers on Stocktwits. Some of these stocks are sure to rally. How do you see BBIG going forward? Have you any new thoughts to share? Thanks
Reginald22