Marathon Patent Group, Inc. MARA Stock Analysis

Marathon Patent Group, Inc. stock trades under the ticker MARA, closing on 12/2/2020 at $5.76/share.

After a couple of gap up days in November, MARA stock is performing well on a technical basis, making it worth considering for a short-term trade idea.

MARA stock also has options in addition to common shares.

Marathon Patent Group, Inc. MARA Stock Technical Performance For The Last Year

MARA Stock Price: $5.76

10 Day Moving-Average: $4.68

50 Day Moving-Average: $2.75

200 Day Moving-Average: $1.64

RSI: 70

While its RSI is a bit steep at 70, the pre-market price says that MARA stock still has room to run.

The $6 calls for MARA look appealing, as they are about at-the-money in the pre-market already; although I may target the $5 calls for a little more money.

The puts will get cheaper as they continue to climb, although if they break their resistance point, the almost at-the-money $6 puts will likely not perform well, so I would wait until the $7.50 & $9 puts become cheaper.

*** I DO NOT OWN SHARES OF MARA STOCK ***

Innodata Inc. INOD Stock Analysis

Innodata Inc. stock trades under the ticker INOD & closed at $5.38/share on 12/2/2020.

After a very strong November, INOD looks to have some opportunity for short-to-mid-term traders to capitalize on as we begin December.

Innodata Inc. INOD Stock Technical Performance For The Last Year

INOD Stock Price: $5.38

10 Day Moving-Average: $4.35

50 Day Moving-Average: $3.22

200 Day Moving-Average: $1.83

RSI: 78

While INOD’s RSI will need to cool off a bit (signaling an overbought tendency at 78), traders still have room to capitalize on its upwards momentum.

INOD also has options, where traders should be looking at the $5 calls, and if feeling aggressive pursue the $7.50 calls.

The pre-market pricing on the $7.50 calls is insanely cheap, but you’ll be betting on no market forces dragging them down in the meantime.

From a puts perspective, the $7.50 is the best looking option, although that will likely not be a major play, unless there is some major market movement across the board, and or if you capitalize on some short-term hiccups while INOD stock establishes its range.

*** I DO NOT OWN SHARES OF INOD STOCK ***

Fuel Tech, Inc. FTEK Stock Analysis

Fuel Tech, Inc. stock trades under the ticker FTEK & has recently broken out (on 11/24/20202).

FTEK stock shows great opportunity for a short term trading perspective, both for holders of common shares & options traders.

FTEK closed at $4.40 on 11/30/2020, and still looks to have more room to run.

Fuel Tech, Inc. FTEK Stock Technical Performance For The Last Year

FTEK Stock Price: $4.40

10 Day Moving-Average: $2.57

50 Day Moving-Average: $1.16

200 Day Moving-Average: $0.85

RSI: 80

While their RSI of 80 is high, it will die down in near time while FTEK stock establishes its new range.

From an options perspective, I am looking at the $5 puts & the $4 calls at the moment while it sorts itself out.

There’s still room for upward growth, but the charts are showing that there will be some profit taking before that happens.

Today’s futures are signaling a green day, but FTEK may be sitting it out, making it worth looking at entry opportunities for common shareholders.

I’ll be looking to play the options I outlined above.

*** I DO NOT OWN SHARES OF FTEK STOCK ***

Weekly Market Review 11/30/2020

This week we will begin to hear about the impact that Covid has had on Black Friday & Cyber Monday, which will be a great barometer of consumer sentiment for a year that has hurt many financially.

Another item of interest will be to see not only how Covid cases/deaths continue to climb & where, but how drastic the “lockdown” measures taken to combat it will be.

I will also be interested in hearing more about Flu numbers, as we are in full on flu season now, and it isn’t sounding like that bad of a year, which raises suspicion on Covid reporting.

On Tuesday Powell will be testifying, when we also get the ISM Manufacturing PMI number, as well as the ISM Manufacturing New Orders Index, ISM Manufacturing Prices Paid & Employment Index numbers as well.

Wednesday brings the ADP Employment Change report, which will be interesting to see how seasonal jobs that may have been taken in year’s prior for the Christmas season fared due to Covid restrictions.

I’ll also be interested that day in the EIA Crude Oil Stocks Change, as well as the Fed’s Beige Book & Williams’s speech.

Thursday’s Initial Jobless Claims & 4-Week Average numbers will bring more clarity on the current employment situation, as well as shed light into how many jobs are still being lost as more & more companies are forced to reduce workforces due to virus restrictions; the ISM Services PMI will also be reported on Thursday.

Lastly, on Friday we will get to hear the Nonfarm Payrolls report, Trade Balance Numbers & Factory Orders M-o-M, all of which will help shed light into how the economy looks to be heading as we begin winter.

While markets tend to perform well in December, at/near all-time highs, any one bad report that doesn’t meet anticipated expectations may cause some of the jenga pieces to fall, providing a new entry point for market participants.

Lots of folks have been saying that they see it occurring in January 2021, but when markets are running this hot, any hiccups in data are prone to start a correction in prices.

Tuniu Corporation, TOUR Stock Analysis

Tuniu Corporation stock has recently shown great technical growth & performance, trading under the ticker TOUR.

TOUR stock closed at $3.19/share on 11/27/20, preparing to close out November as a very strong month.

TOUR has options, in addition to common shares, making opportunities for all types of traders to profit from their stock performance.

TOUR Stock Price: $3.19

10 Day Moving-Average: $2.40

50 Day Moving-Average: $1.36

200 Day Moving-Average: $1.17

RSI: 77

While their RSI of 77 is still high, Tuniu corporation’s stock still looks to have legs to run, as it establishes a new range.

Traders of the common shares should be able to find advantageous entry points this week.

TOUR’s $2.50 calls are already in-the-money, with the $5 strike price being the next level.

Given that in the pre-market they are already beyond last week’s resistance level, the $5 calls aren’t as out of the question anymore, with a delta of .364.

From a puts perspective, I’d be favoring the $5 strike price, at the moment, unless they outperform that $5 mark, in which case the $7.50 puts will become cheaper.

*** I DO NOT OWN SHARES OF TOUR STOCK ***

Riot Blockchain, Inc. RIOT Stock Analysis

Riot Blockchain, Inc. stock trades under the ticker RIOT & closed for trading at $7.23 on 11/23/2020.

RIOT stock has recently been on a tremendous upswing, and looks to have more strength carrying it into the near future, making it worth consideration for a short-term trade.

Riot Blockchain, Inc RIOT Stock Technical Performance For The Last Year

RIOT Stock Price: $7.23

10 Day Moving-Average: $4.57

50 Day Moving-Average: $3.47

200 Day Moving-Average: $2.41

RSI: 72

With an RSI of 72, there is still room for RIOT to run in the next day or two, making a buying opportunity for common shares & call options alike.

I am favoring the $7 calls, and the $8 puts for RIOT stock options, as today’s pre-market pricing shows that there is still strength to be had, but within the next few days the puts will prove valuable as a hedge.

I’ll be watching the chart closely over the next week, but looking to purchase the options mentioned above this morning, favoring the calls.

As always, I encourage you to research RIOT stock before purchasing, but this does look to have some great potential in its current state.

*** I DO NOT OWN SHARES OF RIOT STOCK ***

Blink Charging Co. BLNK Stock Analysis

Blink Charging Co.’s stock trades under the ticker BLNK & has recently shown excellent technical strength, making it a prime candidate for a short to mid-term trade.

BLNK Stock closed at $22.67/share on 11/20/2020, after impeccable performance from 11/16/2020 onward.

BLNK Stock Price: $22.67

10 Day Moving-Average: $13.12

50 Day Moving-Average: $9.76

200 Day Moving-Average: $5.54

RSI: 87

While BLNK stock’s RSI is awfully high, there is still room for them to run, although there will likely be some form of a pullback before the common shares look to be priced at a good deal.

For anyone trading the common shares, I would be closely eyeing the charts if I dove in before seeing that RSI drop a bit more/prices correct and even out into a range.

For traders interested in BLNK options, the $22.50 or $25 calls are where I am looking, especially given their pre-market strength (+14% more as I write this).

*** I DO NOT OWN SHARES OF BLNK STOCK ***

ReneSola Ltc. SOL Stock Analysis

ReneSola stock trades under the ticker SOL, and closed at $5.32/share on 11/20/2020.

Since September they’ve been steadily climbing higher, with a particular noteworthy positive day on 11/13/2020.

ReneSola Ltd. SOL Stock Technical Performance For The Last Year

SOL Stock Price: $5.32

10 Day Moving-Average: $4.46

50 Day Moving-Average: $3.24

200 Day Moving-Average: $1.79

RSI: 72

SOL stock’s moving averages still indicate there this is more room for their share price to run.

From an options perspective, the $5 strike price for the puts & calls seems like the safest idea, as the $2.50 & $7.50 options are awfully far from the current price of the underlying contract.

Purchasing the $5 call while it continues to climb, and then perhaps buying a $5 put, or selling a $7.50 call for the following month may be worth considering, pending your own due-diligence & following how their chart looks moving into 2021.

*** I DO NOT OWN SHARES OF SOL STOCK ***

Arcimoto Inc. FUV Stock Analysis

Arcimoto Inc. stock trades under the ticker FUV & closed for trading at $16 on 11/19/2020.

This morning in the pre-market it has shed 10% of its price, dropping to $14.35, opening up for a potential short-term trade opportunity.

While this mornings drop is likely the result of a blend of trimming after a 69%+ gain day & macro-market conditions pointing lower, FUV stock has displayed steady growth since May 2020.

Arcimoto Inc. FUV Stock Technical Performance For The Last Year

FUV Stock Price: $16.00

10 Day Moving-Average: $7.15

50 Day Moving-Average: $6.42

200 Day Moving-Average: $4.25

RSI: 75

For traders interested in the common shares, today may not be the best pullback to buy into, but looking at the charts should help you determine the right amount of risk there.

From an options perspective, the 12/18 $15 calls may carry more risk than is worth taking, so I may think to look at the $12.50’s or the $10’s.

The puts on the other hand look much cheaper than the calls, with the at-the-money $15’s marked only at $3.95 (before the market opens, this should change upon the open), which may offer an opportunity for a few extra percentage points for a quick trade on today’s weakness.

All-in-all, FUV stock & options should look to give traders some great opportunity for a short-term trade.

*** I DO NOT OWN SHARES OF FUV STOCK ***

Electrameccanica Vehicles Corp. SOLO Stock Analysis

Electrameccanica Vehicles Corp. stock trades under the ticker SOLO, and closed yesterday at $6.91/share (11/18/2020).

This morning it has continued to climb in pre-market trading, currently at $7.63.

Given its recent technical strength, there are some good short-term trade opportunities for SOLO stock.

SOLO Stock Price: $6.91

10 Day Moving-Average: $4.50

50 Day Moving-Average: $3.01

200 Day Moving-Average: $2.25

RSI: 83

While it may climb a little higher & test the $7 range, SOLO’s RSI is currently showing over-bought conditions at 83.

With this in mind, I would be interested in tracking both the calls & puts that focus around wherever their new range may emerge, based on whether or not they can cross the $7 mark cleanly today/tomorrow.

SOLO’s calls can either have a $6 or a $7.50 strike price, if I were looking at the ones with tomorrow’s expiration I would favor the $6 strike price, while for the next expiration date the $7.50’s show signs of being able to be in the money, given their early morning performance today.

One thing to keep in mind about the $7.50 call expiring on 12/18/2020 is that their Theta is currently -0.025.

Looking at the puts, The $7.50 or the $9 are likely the best option for SOLO for tomorrow’s expiration, but I may instead set my sights on the 12/18/2020 expiration, given that their current strength does not indicate that a put for tomorrow will play out favorably.

*** I DO NOT OWN SHARES OF SOLO STOCK ***