“Crypto, Stocks, and Alcohol” - Post #2
Here is the second edition of “Crypto, Stocks, and Alcohol”. This is where i want to give me opinion on Stocks (and/or sectors in the US indices), cryptocurrencies, and of course Alcohol. I will pick a different stock and crypto every time and if i get a stock or crypto request i will review that as well. If it is not traded heavily or the crypto is not known or very small then i may do it at the bottom of the post and analyze one that may presently be more important.
So let’s dive in and leave any requests in the comments. Don’t forget to upvote and follow!
The stock of choice is SHAK. Shake Shack. I think this place is so damn good. We are actually getting one near me this year. Many people got destroyed when this IPO’ed because many people chase the 50% gap up on the first day. Well as you can see it has put in a bottoming pattern and has set up a massive bottom with the RSI and Price breaking up. That is called momentum. I see this testing 50+ and moving higher as the market goes to 2900+.
The crypto I chose today was BAT. Besides the fact I am a big Basic Attention Token Fan the REASON i chose it was because it’s relative strength in relation to other cryptos. I chose EOS on the last post and i am looking for relative strength to move higher.
BAT is a currency that is directly associated with the Brave Browser. This browser is designed to block ads completely for the regular user, however one can choose to accept ads to earn BAT where they then can curate others for their content. I’m not completely sure the path to success but I know the guy invented Firefox and I wouldn’t bet against him. The strength of the coin is distinct against the others right now.
Lastly, the Alcohol. Today I am trying this Turtle Anarchy Hatchling. This is an IPA brewed from a microbrewery out of Nashville and holy shit it is good. You are not going to find too much about this brewery because they don’t have a tap room yet apparently after researching lol. If you like IPAs you are going to like this one. Here is the website http://www.turtleanarchy.com/
AGAIN Follow UPVOTE and Comment. I WILL Respond.
Really unique post, definitely like the direction you are going. I have a request for you, tenx and/or omg.. oh, i also followed you :)
Is that TenX the crypto or Tenax Therapuetics? lol
Coming soon!
Right on all this token talk no wonder steem keeps rising!
Oh man, I was just in Nashville and I wish I had known about this. It would be cool if they get a taproom sometime soon. We were going to go to the Yazoo taproom in town, but ran out of time. I am not a big fan of IPA's, but I would try some of the other stuff they have. Have you covered Ford yet? I'd like to see some analysis on that. Especially since they just annouced they are going to start phasing out car production in the US and move to just one car and then the typical trucks and crossovers they already produce. As far as altcoins go, how about MINTcoin? The model has always intrigued me with the no mining just tokens being created as interest thing. Thanks for the great post!
Coming Up!
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