Shares of Tesla Inc (NASDAQ:TSLA) are nearing a strong short level at $355.00. This is a classic bearish retrace to a breakdown trend line. The stock has significant downside to $245 from this level. That is a reward of over $100 on the short while the risk is only $40, when using the Tesla Inc all time high of $390.00.
The Hershey Co (NYSE:HSY) has been declining since December 19, 2017 when the stock traded as high as $115.82 a share. Today, HSY stock is trading lower by $0.58 to $108.35 a share. The stock is now trading just below its 200-day moving average which is often viewed as a negative on the charts. The next important support level for the candy giant will be around the $105.00 level. This is where the stock was defended in late October 2017. Often, past support areas will be major chart support when retested. It is important to note that Hershey Co (NYSE:HSY) is expected to report earnings on February 1, 2018 before the opening bell.
ATLANTA, GA - January 17, 2018 – (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher" and the "Company"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, has entered an initial agreement term to acquire 50% of Spare CS Inc., paving the way for Mobile Payments and International Cryptocurrency capabilities. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12478331
Read this news in full at http://www.investorideas.com/CO/GOPH/news/2018/01171SPARE.asp
Spare - https://gotspare.comis a mobile ATM network platform using new paradigms and software to provide unique financial services to the unbanked and underbanked as well adding convenience to the banked population. Once we close on the acquisition, the Spare App has the capability to potentially turn any cash register in the Company’s network into an ATM. The SPARE mobile network simplifies safe access to money by employing a unique security system to create convenient access to cash from virtual currency to the “real” world.
Mr. Zajonc, Founder and former CEO of Five By Five Media Inc, 5X5 produced EMMY winning “Jamie Oliver’s Food Revolution” for ABC, “The Hero” and “Wake Up Call” with Dwayne ‘the Rock’ Johnson, and “Fashion Star” for NBC
Waterloo, Ontario, January 16, 2018: (Investorideas.com Newswire) SponsorsOne Inc. (CSE: SPO) (Frankfurt: 5SO) (the “Company”), has developed the SponsorsCloudTM platform to support the world’s first scalable digital cryptocurrency for social networks called the SponsorCoin.
SponsorCoin support smart contracts between Brands, Consumers and Influencers which automatically determines compensation for authentic social engagement. SponsorsOne is pleased to announce the appointment of Mr. Guy Zajonc as President of SponsorsOne Media Inc. in the USA.
Read this news in full at http://www.investorideas.com/CO/SPO/news/2018/01161GuyZajonc.asp
Shares of Amazon.com, Inc. (NASDAQ:AMZN) jumped higher for the 10th straight day. However, the online retail giant is staging a solid reversal off the highs after tagging a resistance trend line. The reversal is putting in a topping tail, a sell signal. This is likely a top for the stock in the near-term, a pull back to $1,200 is expected per the stock chart. See below.
