“Crypto, Stocks, and Alcohol” - Post #3

Welcome to Post number 3 of Crypto, Stocks, and Alcohol. I am your analyst of all things technical, fundamental, and boozy ;)

I had a couple requests for the first time so you are likely going to get a little bit of a bonus on this third post. I am going to do a stock of my choice and one that was requested and I am also going to do a crypto of my choice and one that was requested. And of course I will have the alcohol considering those are much harder to request than the others (I do not have all beer at my fingertips).

So let's dive in!

The two stocks I am going to cover are F and RH. That is Ford (which was requested by @bozz ) and Restoration Hardware.

Ford, which I am sure EVERYONE is familiar with, recently announced that they were going to phase out most of its' car models in the US except for two. Which most people would think that it would be a bad thing. Then the stock gapped up and people start looking for a reason why it was good lol. I think that this will be a positive for the stock and I can see the stock moving higher. I believe that ford can see the forest for the trees and are moving to electric vehicles. Let's face it. Clean energy is here, it's growing rather slowly but it IS growing and it is where we are going. I think this is going to be a positive for the stock itself. What I want to see in the chart is F get through $12 and then 13.30. 12 is the 200 day MA and then 13.30 is some major overhead resistance. If it can get through 13.30 it will be going to 18 at least.

Restoration Hardware is the next stock which had a massive run up and then crashed. (Can you spot the crash? lol) well guess what? It just put on a recovery on the chart almost the size of netflix when it recovered. THIS IS HUGE. If, and it is a big if here, RH rallies here and takes out 106, I am seeing RH go to 150. It will be a monster move. There are so many people betting against this stock (and have been, and are wrong) it could squeeze massively. (PS they are building a HUGE restoration hardware in the mall near me btw)

Crypto-time! It is OMG and WTC!

This request is courtesy of @moderndayhippie (Omisego, or OMG). When I first pulled up this chart, my initial reaction was “holy shit”, this is going higher. Looking at the chart OMG I am surprised that I have missed this one. I know that EOS and WAN and BAT have been leading the way and looking the best in breed but OMG is up there too. It has broken the downtrend line and gone sideways. If OMG is above .0017 I think you can own AS MUCH AS YOU WANT with that kind of risk. You are risking 8% to make 100% (back to ATH) and if it gets through there then your looking at a spike. This is a buy. For those who don’t know OMG is a coin that has been around since 2013 and is trying to get everyone banked. It’s a decentralized bank. Read about it.

The next crypto I am looking at is Walton Chain which is WTC. Walton Chain is a combination of blockchain and the IOT. Think about it the way that every part of a car that is being produced will be tracked and listed on the blockchain about where it came from when it came from how it was installed, all in one spot. Automatically. This has endless possibilities. The chart is very technical. You can see that this has come back to retest the prior breakout at .0014 and on this next move up i believe .0045 breakout is very reasonable and then it is blue sky.

Whew. That was long winded. Now for some alcohol.

Today is about the blackhorse. This is the Blaclhorse Tennessee IPA. This is another Tennessee craft beer from a brewery and it is pretty damn solid. I love the hops in my beer and this one goes down really smooth. I believe i like the turtle anarchy better, but that doesn’t mean i couldn’t drink a number of these ;).

Until next time, FOLLOW UPVOTE COMMENT. I will respond.