SALESFORCE 310 AFTER EARNINGS Strong Revenue Growth: Salesforce’s total revenue for Q2 2024 was $8.603 billion, up from $8.247 billion in Q1 20241. This consistent growth in revenue is a positive sign.
Impressive Earnings Per Share (EPS): The basic earnings per share (EPS) for Q2 2024 was $1.4118, up from $0.7562 in Q1 20241. This significant increase in EPS indicates a strong financial performance.
Positive Analyst Expectations: Analysts expect the company to report earnings of $2.27 per share on revenue of $9.2 billion2. If Salesforce meets or exceeds these expectations in their upcoming earnings report, it could provide a further boost to the stock.
Historical Stock Performance: The stock soared 12% after its last earnings report3, which could indicate investor confidence in the company’s financial health and future prospects.
Tesla
TSLA moves yield volatility and trader profit LONGTSLA is shown here on a 15 minute chart with a set of anchored VWAP bands. A relative volume
indicator shows spiking volumes each and every morning and fades as the trading session wears
on. Overall, TSLA trends between the upper and higher VWAP bands and their counterparts
below the mean VWAP. Like most other stocks, TSLA has periods of ranging and other periods
where it trends. Day traders can capture intraday volatility while swing traders can sometimes
get a 10% move over 2-3 days. In the past month TSLA moved 5% up overall. However, in that
move price fluctuated widely which has been exploited by traders. The high trading volumes
keep spreads very low while the volatility makes options trading very challenging. Que sera,
sera.
Tesla Analysis: Testing Key Resistance and ScenariosTesla is testing a crucial resistance level, creating anticipation. A failed third attempt may result in a pullback towards the buying zone. Breaking the resistance, with a daily candle closing, could target Kaufman Moving Average levels, especially around 213.
WARNING: THIS ANALYSIS IS NOT INVESTMENT ADVICE. CONSIDER YOUR RISK TOLERANCE AND FINANCIAL SITUATION BEFORE MAKING DECISIONS. FUTURE PERFORMANCE IS NOT GUARANTEED; THIS IS MERELY AN OPINION. INVEST PRUDENTLY AND CONDUCT THOROUGH RESEARCH.
$Tesla fractal analysisNASDAQ:TSLA here is my swing plan.
If the price stays above $220 after the pullback We are in midterm uptrend and it will push the price toward $250 (TP 1) if it passes the $266 and pulls back buying in again to $310 But first we need to know if the price passes the step one for longer plan
TESLA more downside? Looks like the RSI suggesting us that TSLA stock will go down to 140-150$ in upcoming week. Daily chart has bearish hidden divergence, also overbought on Stochastic RSI.
If we go down without breaking and holding 211$ the price will be rejected from 200EMA and that would be very bearish signs for Tesla.
Weekly chart looks better suggesting we will go back up fast and there shouldn't be much downside left. Putting my buy orders between 100$ to 155$
A last tiny leg down and then a massive rally in TESLA!The stock is spotted in a complex triple three correction(WXYXZ) since JUL.2023 and is now finally at the end stages of this lengthy correction.
Only the last leg, which would be wave v of "WAVE C" of "WAVE Z" seems pending in the stock now.
$170-180 is a major support region and the stock is expected to complete the last leg of the correction within this zone itself without sliding much further down.
What would follow after "Z" is completed though, would be the next bull leg (labeled as wave III of 3) that could be projected moving towards $330 region.
NVIDIA 800 After earnings !NVIDIA’s recent earnings report has given investors several reasons to be optimistic about the company’s future. Here are some key takeaways:
Record Revenue Growth
NVIDIA reported a record revenue of $18.12 billion for the third quarter ended October 29, 20231. This is a significant increase of 206% from a year ago1. Such strong revenue growth is a positive sign and could potentially drive the stock price higher.
Data Center Revenue
The data center segment, which offers cloud and AI services, reached a record high of $14.51 billion in revenue in the third quarter1. This segment’s performance is crucial as it represents a significant portion of NVIDIA’s business. Continued growth in this area could further boost investor confidence.
Artificial Intelligence (AI) Boom
NVIDIA is benefiting significantly from the artificial intelligence (AI) boom2. The demand for AI chips is surging, and NVIDIA, being a leading player in this space, stands to gain immensely. This trend is expected to continue, providing a solid growth trajectory for the company.
Analysts’ Expectations
Analysts expect NVIDIA’s revenue to more than triple from the same period a year ago2. They anticipate NVIDIA’s revenue could reach $20.38 billion for the final quarter of fiscal 20242. If NVIDIA meets or exceeds these expectations, it could result in a bullish sentiment among investors.
Custom Chip Unit Plans
Reports suggest that NVIDIA is planning to launch a new business unit focused on custom chips2. This move could help NVIDIA capture a piece of the growing custom chip market and reinforce its position as the world’s most valuable chip company amid the AI boom2.
In conclusion, NVIDIA’s strong financial performance, growth in its data center business, benefits from the AI boom, and strategic plans for expansion all contribute to a bullish outlook for the company post-earnings.
TESLA $TSLA - Nov. 7th, 2023Tesla NASDAQ:TSLA NASDAQ TVC:NDQ TVC:NDQ US100
BUY/LONG ZONE (GREEN): $234.10 - $262.90
DO NOT TRADE/DNT ZONE (WHITE): $216.76 - $234.10
SELL/SHORT ZONE (RED): $166.31 - $216.76
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Tesla Poised to move 100% Tesla appears to have reached a support level around $200, having previously reached annual highs near $400. The prevailing upward trend is likely to persist, considering Tesla's oversold condition and indications of market exhaustion on the downside.
Moreover, given the recent surge in AI stocks, it's highly probable that Tesla will achieve the $400 target, a sentiment confidently echoed here at NIXXWORLD.
TSLA 3 Drives PatternPossible targets if this plays out.
Everyone and their mama saw the IHS playing out today.
Earnings gap is almost filled.
Perfect 1.27 fibs on the bullish 3 drives pattern.
Expect some swings on the way up, it may take some time.
.5 Fib from high of 1st drive down to bottom of 3rd drive has been a historically difficult level.
Invalidated if we drop below 175 area.
Bullish flow today from options, but also two massive blocks of deep ITM puts purchased.
Timing of completion is unknown, could take months.
Again, just a possibility, or a thesis per se
Tsla Breaking Zone A at 196.59USD with some bullish momentum will most likely lead us to Zone C in the near future, otherwise, we will revisit Zone B to gain momentum .
Disclaimer: Please note that this is not a financial advice and you should do your own research before making any investment decision
TESLA Inverse Head and Shoulders formed. Is this the bottom?Tesla (TSLA) appears to have completed the Right Shoulder of an Inverse Head and Shoulders (IH&S) pattern, which is technically a bullish reversal structure that is formed on market bottoms. We have already talked in our previous analysis about the IH&S formed on the 1D RSI and as you can see by the circle drawing, this is consistent with the all previous Right Shoulder formations since December 2022.
As you can see, the long-term pattern since the July 19 2023 High is a Channel Down and this IH&S is the Lower High formation that should technically start the new Bullish Leg towards the pattern's top (Lower Highs trend-line).
As a result, our technical target is $245.00, which represents a Lower High level slightly lower than a projected +41% rise (last Lower High was +36%, the one before +31%, so we estimate a +5% progression). We will book the profit earlier though if the 1D RSI hits its Resistance Zone before the price reaches $245.00.
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Tesla Mimicking McDonalds' 75 Percent DropHere's an overlay of $MCD in yellow from 1980 to 2005 lined up to the 75% drop in $MCD on the "Dollar Menu" price wars, store closings and YOY% sales decline for $MCD back in 2002. It was a disaster. Well, $TSLA has the same 75% drop to the current low. Maybe they mimic, maybe they don't. Just interesting!
Here's the $MCD chart and the part that I copied and pasted... the huge run-up and the 75% correction. I lived through the $MCD collapse, as did a buddy of mine who is a broker and was buying all the way down from 50% down to 75% down and made a great fortune for his clients on the 10X rally over the next 10 years
The % rallies aren't that comparable for $MCD and $TSLA, but the pattern is similar to me. A global brand with a solid track record facing a short term challenge and competition and fears.
S&P500 in 2020 & 2024. OR ARE YOU READY FOR A NEW ONE SKYFALL!?Due to recent publications by TradingView Team and many other TradingViewers I wonder, how strong people still believe in 4-years inflation/ disinflation credit cycle, with their eternal BTC-to-the-Moon expectations.
Okkkay, Google. Let it be.. Let it be... Each coin has two sides.
Just remembered, how many Covid19-talking people were there in the room a couple months before it's happened in early 2020. The main graph is comparison between SP500 4 years ago and in nowadays.
Similar, or not? - Time will show!
//
This is the end
Hold your breath and count to ten
Feel the Earth move and then
Hear my heart burst again
For this is the end
I've drowned and dreamt this moment
So overdue, I owe them
Swept away, I'm stolen
Let the sky fall
When it crumbles
We will stand tall
Face it all together
Let the sky fall
When it crumbles
We will stand tall
Face it all together
At Skyfall
At Skyfall
// Not an investment advice
IS THE AUTO INDUSTRY ABOUT TO CRASH? FORD TRENDS Uh, okay, so I have zero clue what is going to happen and I didn't see this until now, but if I was trading per my style, I'd be loaded up on puts where I circled. I WOULD THEN ABOSLUTELY LOAD THE BOAT on the retouch. Potentially down to $8 and then probably calls for a short term bounce, which would have me realizing profits quickly in order to keep risk down. I would then be waiting for the next signal.
It's getting so close to crash time per multiple indicators, potentially, according to short term trend alignment which is far from an exact science, however, it shows a small pump of pretty much up to maybe $11, but wow! There is a LOT of downside showing.
Any thoughts on this?
The crash projections say Late Feb/Early March
But this market is moving faster every day, which is outpacing a lot of older traders that aren't able to adapt.
I mean, there is no question it bounces back, but.. how long, and how much, and how fast?
I think there is room to return to nearly $20.
In other words, if it's March, and the price is at 3.83, and you are hearing doom and gloom on the news. BUY CALLS. I wouldn't cover shares, I think the pace will be quite fast on the return for a lot of these stocks.
All in all, if you're still with me, the whole point I'm trying to make is this next crash is a trap, leading into a pump, which will cause "THE BIG ONE"
Trends point to next year early, but the market is fast, and you need to reanalyze in real time, meaning, it could literally happen in the next few weeks. I don't know, you don't know. We can't predict the future of stock prices, but we can use the information we see to swing the statistics in our favor for a successful trade, even if that means being patient and waiting for the right entry.
FSRI missed tesla shares ,who knows or if or when #FSR do the 1/5 what king Tesla did .
Starting from the bottom here i am .
a weekly price action market recap and outlook - tesla #1Good evening and i hope you are well.
"Uuuuh another degenerate calling out big NASDAQ:TSLA targets, booooooo"
My bad for making you click on this. Enjoy your evening.
Now that we are over that, lemme give you my reasoning for it and then you can make up your own thesis.
bull case: What might that be i ask myself many times now for the last weeks. Very best i could come up with is, that the broad bear channel is broad enough for bulls to make money a couple of days in between the sell offs. That's it. If you are a bull and bought above 200, you might be in for a ride here. Please spare me your macro schmackro and how Tesla will have autonomous driving in the next 5 years. You are embarassing yourself since 2015.
bear case: Only question is, how deep and how fast can this drop over the next months or years. Insanely overall bullish market and Tesla is in a weak broad bear channel, grinding lower for 25+ months. like do you honestly believe the overall market conditions will get better from here on? They bought the SP500 and Nasdaq like there is no tomorrow and this stock had nothing but disappointmen for bulls for more than 2 years now. This was orderly selling in a very confined channel. Next phase is the bulls-giving-up phase.
short term: sideways to down.
medium-long term: down - what would change that? trading above 270
Here an outrages take on top, if Tesla gets consecutive daily closes below 145/140, it's free fall and Cathie Wood will be retired.
Major Support
Considering that price bounced with adversity off the L2 ( red line ) @176 in the beginning of February, the next "target" to be aware of is the L1 ( white line ) at the previous local top.
Buy: 194
Stop-Loss: 175
Take-Profit: 290
RR Ratio: 5.19
The lines included in the chart are calculated using my proprietary tool & they represent MAJOR support & resistance. Think of them as moving averages on steroids.