POET BULLISHThis is an excellent long opportunity, supported by both the trendline and the support line, alongside a rebound in AI stocks.
Short-term target prices: $5 / $6
MicroStrategy Set to Surge: Bullish Momentum Post-NASDAQ InclusiRecent Performance: MicroStrategy has seen heightened activity recently as it
prepares for its inclusion in the NASDAQ 100 index on December 23. The stock
price currently stands at 408.67, with market sentiment improving as
investors position themselves ahead of this significant milestone.
- Key Insights: The NASDAQ 100 inclusion is expected to enhance MicroStrategy's
visibility, potentially driving demand for both its stock and its primary
asset, Bitcoin. Analysts foresee significant gains driven by the
anticipation of heightened institutional interest and a strong correlation
with Bitcoin’s performance, which is projected to rise substantially in the
coming years.
- Expert Analysis: Market experts share a bullish outlook for MicroStrategy,
emphasizing its strong alignment with Bitcoin’s market trajectory. With
projections indicating Bitcoin could soar to around $100,000,
MicroStrategy's performance is expected to mirror this growth, making it an
attractive option for both retail and institutional investors.
- Price Targets:
- Next week targets:
- T1: 423.15
- T2: 444.00
- Stop levels:
- S1: 395.10
- S2: 381.99
- News Impact: The most significant event impacting MicroStrategy is its
addition to the NASDAQ 100. This inclusion is likely to bolster market
confidence, facilitating an increase in stock demand. Furthermore, the
bullish outlook on Bitcoin plays a crucial role in shaping investor
sentiment towards MicroStrategy, positioning it as a key player in both tech
and cryptocurrency markets.
In conclusion, with its NASDAQ 100 membership and strong Bitcoin holdings,
MicroStrategy presents a compelling investment opportunity as it embarks on a
potential upward trajectory into 2025.
$LC is a logical buy in this economyKey Stats:
P/E Ratio: 35.22
Market Cap: $1.86B
Next Earnings Date: Feb 25, 2025
Technical Reasons:
The stock is riding a strong uptrend. It’s currently trading above both its 50-day and 200-day moving averages, signalling sustained bullish momentum.
RSI momentum is bullish but not overbought, leaving room for further upside.
Recent price action shows strong support, with multiple higher lows. This suggests buyers are stepping in aggressively.
Fundamental Reasons:
Institutional ownership is robust, indicating strong confidence from big players. BTIG recently raised its price target, reinforcing bullish sentiment.
LendingClub’s balance sheet is solid with minimal Debt-to-Equity, giving it flexibility to navigate economic uncertainty.
Its forward P/E and PEG ratio suggest it’s reasonably valued relative to its growth prospects.
Potential Paths to Profit:
Option 1 (Low Risk): Buy shares outright at current levels and hold for target.
Option 2 (Moderate Risk): Buy $17 call options expiring in March 2025 for leveraged exposure to the upside.
Option 3 (High Risk): Execute a bull call spread by buying the $16 strike and selling the $18 strike for a defined-risk strategy.
Disclaimer:
We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
MDWD: Are you ready for a long journey?MDWD: Are you ready for a long journey?
-Quasimodo pattern.
-Inside bars candle pattern.
-Key level support.
-Trendline support.
-Demand zone support.
-Less vol on consolidation range.
Wait n see for the break and let's go together!
Is Uber a good buy at the current price? Here is whyHello,
Here is our outlook on Uber Technologies.
Uber Technologies, Inc provides a platform that allows users to access transportation and food ordering services. The Company operates through two segments: Core Platform and Other Bets.
The Core Platform segment consists of Ridesharing and Uber Eats. The Other bets segment consists of Uber Freight and New Mobility platforms. Ridesharing refers to products that connects consumers with drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses and taxis. Its Uber Eats platform allows consumers to search for and discover local restaurants and order meals through online.
TECHNICAL ANALYSIS- Checklist
Structure drawing (Trend line drawing on past price chart data)
Patterns identification (Naming patterns on past price chart data for future wave)- A correction forming. Price is at the bottom of the corrective wave.
Future indication (Reading indicator for future wave)- Await zero crossover on MACD
Future wave (Drawing on future price chart using future indication from indicator)- As shown in chart
Future reversal point (Identifying trend reversal point on price chart using structure)- Target at $100 per share
Uber Technologies, Inc. financial performance for Q3 2024 and the nine months ended September 30, 2024.
Total Revenue: $11,188 million for Q3 2024, $32,019 million for the nine months ended September 30, 2024.
Income from Operations: $1,061 million for Q3 2024, $2,029 million for the nine months ended September 30, 2024.
Net Income including Non-Controlling Interests: $2,599 million for Q3 2024, $2,944 million for the nine months ended September 30, 2024.
Net Income Attributable to Uber Technologies, Inc.: $2,612 million for Q3 2024, $2,973 million for the nine months ended September 30, 2024.
Basic Net Income per Share Attributable to Uber Technologies, Inc. Common Stockholders: $1.24 for Q3 2024, $1.42 for the nine months ended September 30, 2024.
Diluted Net Income per Share Attributable to Uber Technologies, Inc. Common Stockholders: $1.20 for Q3 2024, $1.36 for the nine months ended September 30, 2024.
Revenue from the United States and Canada was $17,304 million, Latin America was $2,068 million, Europe, Middle East, and Africa was $8,939 million, and Asia Pacific was $3,708 million for the nine months ended September 30, 2024.
Uber announced the pending acquisition of Foodpanda Taiwan from Delivery Hero SE for approximately $950 million in cash, expected to close in the first half of 2025.
Beginning in early 2025, Waymo and Uber will bring autonomous ride-hailing to Austin and Atlanta, only on the Uber app. In these cities, Uber will manage and dispatch a fleet of Waymo’s fully autonomous, all-electric Jaguar I-PACE vehicles that will grow to hundreds over time.
You can find a summary of financial statements here:
Our recommendation
Since February 2024, Uber's stock (UBER) has been undergoing a correction, largely driven by concerns over the rise of robotaxi services potentially eroding the market share of traditional ride-hailing giants like Uber and Lyft. Notably, Waymo—Alphabet's autonomous vehicle division—recently expanded to Miami and now completes over 150,000 self-driving rides per week. Tesla is also set to enter the space with a planned robo-taxi launch in late 2025.
However, Uber is not sitting idle. The company, in collaboration with WeRide, has launched an autonomous mobility service in Abu Dhabi and is targeting fully driverless commercial services by late 2025 in the same region. This demonstrates Uber's proactive strategy to stay competitive in the evolving ride-hailing landscape. Beginning in early 2025, Waymo and Uber will bring autonomous ride-hailing to Austin and Atlanta, only on the Uber app.
The sharp decline in Uber's stock price—down 34% in recent weeks. The MACD indicator is showing that we shall be having a zero crossover soon hence suggesting that selling pressure may be nearing exhaustion, potentially signalling a trend reversal. The stock appears poised to recover and return to a more balanced supply-and-demand dynamic.
Despite current challenges, we expect Uber to remain resilient and successfully navigate market headwinds. The current price level presents a compelling buying opportunity, with a target price of $100.00 offering significant upside potential for investors who act now.
Current price: $60.80
Good luck and best regards.
Time for the post election $RIOTKey Stats:
Market Cap: $4.32B
P/E Ratio: 42.23
Employee Growth (YoY): +45%
Next Earnings Date: March 12, 2025
Top 3 Technical Reasons RIOT Will Go Up:
Bullish Flag Breakout: RIOT just broke out of a textbook bullish flag pattern on the daily chart, signalling a continuation to the upside.
Strong Support at $12.50: It’s bounced off this level multiple times, showing buyers are stepping in aggressively.
RSI Momentum: RSI is climbing but hasn’t hit overbought yet, leaving plenty of room for upside.
Top 3 Fundamental Reasons RIOT Will Go Up:
Bitcoin Resurgence: BTC is back above $100,000, and RIOT’s revenue directly benefits from higher mining profitability.
Institutional Interest: Recent filings show increased holdings by major funds, signalling confidence in the sector.
Infrastructure Growth: RIOT’s expanded mining operations and improved energy efficiency position it to capitalize on the next BTC bull run.
Potential Paths to Profit:
Option 1 (Lowest Risk): Buy shares outright and hold until the $15.86 target.
Option 2 (Moderate Risk): Buy $15 calls expiring in May 2025.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Buy this on panic saleexcellent opportunity to buy shares of a good company profitably, yes, perhaps there are some speculations about the reporting or documents. But I think that supermicro has a strong, stable and serious business
Broadcom Inc. (AVGO) Stock Price Soars Nearly 20%Broadcom Inc. (AVGO) Stock Price Soars Nearly 20%
The chart shows that at the end of last week, Broadcom Inc. (AVGO) stock price surged nearly 20%, breaking the psychological barrier of $200 per share and pushing the company’s market capitalisation to $1 trillion.
Last week, the company released its quarterly earnings report. The actual figures were close to analysts' forecasts — earnings per share of $1.42 vs $1.39 expected and fourth-quarter revenue of $14.05 billion vs $14.07 billion expected. However, the extraordinary rise in stock price was driven by a strong market reaction to the company's optimistic forecast, which is based on robust sales of chips designed for artificial intelligence (AI) applications.
Media reports highlight that the company’s revenue growth from the AI boom reached 220% year-over-year, and the total AI chip market could reach approximately $90 billion by 2027.
Technical analysis of the AVGO chart indicates the formation of a significant bullish gap:
→ In 2024, the price formed an ascending channel (shown in blue). Now it is near its upper boundary.
→ By measuring the width of the range between $139 and $185 to set a target for price movement following its bullish breakout, the level of $233 is obtained.
If the bullish momentum continues, the AVGO stock price could rise above the upper boundary of the ascending channel (as it did in mid-June), potentially reaching the specified target. Following this sharp increase, the price might correct, possibly moving toward the area of the bullish gap.
According to TipRanks, the average price target for AVGO shares is $229. However, given the information on anticipated future earnings released last Friday, these forecasts may be revised upwards.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Stock Of The Day / 12.13.24 / CLF12.13.2024 / NYSE:CLF
Fundamentals. The news background is neutral.
Technical analysis.
Daily chart: Downtrend. The previous day closed below 11.00 - the level of the last trend break. We also draw the previous day's low 10.77. The level 10.21 formed by the trend break in September is ahead.
Premarket: no activity.
Trading session: The price is in accumulation above the 10.77 level after an unsuccessful attempt to return beyond the 11.00 level at the beginning of the trading session. Then price continued to tighten to 10.77 after an unsuccessful attempt to reverse to long at 10:30 a.m. We consider a short trade in continuation of the movement.
Trading scenario: breakdown (tightening) of the 10.77 level
Entry: 10.75 aggressive entry upon breakdown of the level.
Stop: 10.81 we hide it behind the previous accumulation high.
Exit: We observe a smooth movement without significant pullbacks after the breakdown. With due patience, you can reach 10.21 or close the trade in parts in accordance with your trading system.
Risk Rewards: 1/8
Stock Of The Day / 12.12.24 / PLAY12.12.2024 / NASDAQ:PLAY
Fundamentals. CEO resignation amid yesterday's negative report. The so-called second-day trade.
Technical analysis.
Weekly chart: Exit down from multi-year accumulation.
Daily chart: The previous day closed near the strong level 29.34 formed by the trend break in September. We expect a continuation of the downward movement.
Premarket: no activity.
Trading session: Pure downward movement after the opening of the session. After the reaction to the level 27.00, the price entered a two-hour accumulation with a gradual tightening to the level. After the breakout, the price clearly holds the level, forming a mini tightening on the opposite side. A failed attempt to return beyond the level in the form of a candle with a tail against the trend strengthens the signal to short.
Trading scenario: breakdown with retest (tightening with retest) of the level 27.00
Entry: 26.89 when the structure of the mini tightening is broken. It is acceptable an aggressive entry into the breakdown without waiting for a retest.
Stop: 27.14 we hide it behind the tail of the failed return attempt.
Exit: After the breakdown we observe a smooth movement without a trend structure. It is optimal to take profit in parts for such movements upon reaching certain target RR profit (1/3, 1/4, etc.) with subsequent tightening of the stop.
Risk Rewards: 1/6
Stock Of The Day / 12.11.24 / RBLX12.11.2024 / NYSE:RBLX
Fundamentals. There was no significant news.
The stock was listed due to the gap and a smooth, non-volatile movement at the beginning of trading session.
Technical analysis.
Daily chart: Uptrend. There is an attempt to update 59.80 2-years high after a small pullback. The level is not marked on the chart, since the price did not show a significant reaction to it during the trading session.
Premarket : Gap Up on moderate volume.
Trading session: The stock continued its upward trend movement after an unsuccessful attempt to go below the opening price. The price met significant resistance at the level 60.00 after passing the level 59.19. After a sharp pullback, the price quickly returned to the level and entered a half-hour accumulation with a smooth tighten. We are considering a long trade.
Trading scenario: breakout (tightening) of level 60.00
Entry: 60.04 aggressive entry into the breakout with a small reserve for slippage. We do not expect a retest since accumulation with tightening is usually accompanied by a strong impulse movement.
Stop: 59.85 we hide it behind the last tail of the tightening.
Exit: After the breakout, we observe an impulse movement without a trend structure. It is optimal to take profit in parts for such movements upon reaching certain target RR profit (1/3, 1/4, etc.) with subsequent tightening of the stop. For example, we close part of the position upon reaching RR 1/3, with the continuation of the movement we pulled the stop to the profit level of 1/3, etc.
Risk Rewards: 1/4
I bet some of you sold hereNothing to see here a GP vwap touch
we liquidated top longers, made everyone fearful and ofc made a full rotation to high volume areas.
ez long
Stock Of The Day / 12.09.24 / FUTU12.09.2024 / FUTU
Fundamentals . Positive catalyst in Chinese stocks amid positive news from the Chinese government.
Technical analysis.
Daily chart: pullback on an uptrend. The nearest daily level 109.37 is ahead.
Premarket: Gap Up on increased volume.
Trading session : The price forms a tightening to the level 101.00 after a strong non-pullback growth from the opening of the session. Around 12:00 a.m., there is an attempt to break the tightening structure in continuation of the initial uptrend with the aim of updating the high of the day 105.00. The attempt was unsuccessful, the high of the day could not be updated and the price continued to tighten to the level of 101.00. We can consider a counter-trend trade in the second half of the trading session, considering that the general direction of the market on this day is short. There were two unsuccessful breakdown attempts at 2:12 p.m. and 2:26 p.m. which is not result in updating lower highs, confirming the strength of sellers.
Trading scenario: breakdown (break of base) of level 101.00
Entry: 100.82 aggressive entry below the lower low after an unsuccessful attempt to update lower high. We do not expect a retest because breaking the base is usually accompanied by a strong impulse movement.
Stop: 101.25 we hide it behind the last lower high.
Exit: Close the position around 98.56 when several long candles appear in a row on increasing volumes at the end of the session.
Risk Reward: 1/5
Stock Of The Day / 12.06.24 / DOCU12.06.2024 / NASDAQ:DOCU
Fundamentals. Positive catalyst after the release of a positive earnings report.
Technical analysis.
Daily chart: not informative.
Weekly chart: We observe the exit up from two-year accumulation, free zone ahead.
Premarket: Gap Up on increased volume. We mark the premarket high, which coincides with the round level 100.00.
Trading session: The price forms a pullback to the level of 100.00 after a non-pullback growth from the opening of the session. We consider a long trade in continuation of the movement, in case the level holds.
Trading scenario: pullback along the trend to the level 100.00
Entry: 100.66 aggressive entry on the exit up from the range above the level.
Stop: 99.49 we hide it behind the pullback low.
Exit: We observe a pronounced trend movement. Close part of the position on 104.27 after an unsuccessful attempt to update higher high. Close the rest on 106.64 after an unsuccessful attempt to update higher low.
Risk Reward: 1/5
Tesla's Electrifying Rally: Stock Zooms to New Peaks● After facing a notable setback at the $415 mark, the stock took a dramatic plunge, dropping around 75% before finding its footing close to the $100 threshold.
● Following this, the stock entered an extended period of consolidation, eventually created a Rounding Bottom pattern.
● Recently, the stock has surpassed its previous resistance and reached all-time high.
● This breakthrough has sparked significant excitement, with optimism soaring about the stock's future growth potential.
Bearish OverviewNASDAQ:SMCI
What we see hear is support broke, and news are influencing in this stock,
Stock is not only charts or bars but also investors trust to company,
However my forecast is up until next financial report and cleaning all bad news this stock may face volatility but has a good future based on it's last performance.
(Blue lines are lower lows)
Please share your ideas.
Thanks
Stock Of The Day / 05.12.2024 / SNPS12.05.2024 / NASDAQ:SNPS
Fundamentals. Negative catalyst after earnings report and weak 2025 forecast.
Technical analysis.
Daily chart: nearest potential support level is 515.00 formed by the nearest break in the trend.
Premarket: Gap Down on moderate volume.
Trading session: The price forms a pronounced tightening to the level 532.00 against the initial downward movement, after a non-pullback decline from the opening of the session. We are considering a short deal in continuation of the initial movement.
Trading scenario: pullback along the trend (false tighten) to the level 532.00
Entry: 529.30 breakdown of the trend line of the tightening structure.
Stop: 532.27 above the held level 532.00
Exit: Close part of the position on 520.56 after an unsuccessful attempt to update lower low. Close the rest when exiting upward from the consolidation.
Risk Reward: 1/3
COIN NEOWAVE ANALYSIS Experimental analysis with the intention to follow back later on as I am still learning
A very interesting chart to look at simply because of its popularity and future growth prospects.
What stuns me the most is its drop from $130 to $40, a decline of 70% in a matter of 8 days, which is insane.
Anyhow, that drop tells me that we are most likely in a larger downtrend, and things might not look good for Coinbase in the long term.
Currently, we have finished wave A and are in wave B of a flat.
The only thing left is the completion of wave G, which should signal the move down to complete wave C.
This G wave will be a big decider in where Coinbase is headed since wave G is likely to be the same in price as wave A. If not, it might be related by 61.8% or 161.8%.
A move at 161.8% would signal a strong B wave and also lower the chances of potentially retracing wave B completely.
Important note: if we break the current high, we are likely headed for the 161.8%. However, if we keep edging downwards, this means that the top is already in.
Stock Of The Day / 12.04.24 / FL12.04.2024 / NYSE:FL
Fundamentals. Premarket down 19% after earnings report that failed to meet investor expectations.
Technical analysis.
Daily chart: nearest potential support level is 19.55 formed by trend break from 10.27.23 and confirmed by false breakout on 11.10.23.
Premarket: Gap Down on high volume. Note that the price reached the previously indicated daily level 19.55 and bounced. We mark intraday levels in the premarket: 20.00, 20.50, 21.00, 22.50.
Trading session: the price holds the level 19.55 at the opening and goes up. We are considering a long trade.
Trading scenario #1 (aggressive): breakout of the upper border of the trading range above 20.25
Entry: 20.26 exit from the trading range
Stop: 19.69 below the nearest higher low
We observe a reaction to the level 21.00. A false breakout happened, then a small pullback on decreasing volumes and a quick return behind the level and its clear holding for 5 minutes. We are considering a long trade.
Trading scenario #2 : breakout with retest of the level 21.00
Entry: 21.25 exit from the trading range on increased volume
Stop: 20.97 we hide it for the held level 21.00
Exit: A directed trend movement is observed in the direction of the trade. Close part of the position before the level 22.50, close the remaining part on 22.45 after an unsuccessful attempt to update higher high. The trade can also be closed in parts (for example, part of the position RR 1/3, another part RR 1/5, etc.) in accordance with your trading system.
Risk Reward: 1/5
Stock Of The Day / 12.03.24 / INDI12.03.2024 / NASDAQ:INDI
Fundamentals. Premarket down 20% after news of $175 million private offering of convertible senior notes.
Technical analysis.
Daily Chart. Daily level 4.00 formed by a break in the trend on the daily chart on 11.18.24 is ahead.
Premarket. High premarket volume. Gap Down.
Trading session. Intraday level 4.40 was formed in the first hour of the session and the price was tightened to the level. After breakout of 4.40 at 11:44 a.m. there was no significant impulse in the direction of the breakout and the price quickly returned and consolidated below 4.40. We are considering a short deal.
Trading scenario: false breakout with retest (false tighten with retest) of level 4.40
Entry: 4.37 after second touch and pure level holding
Stop: 4.42 above the high of consolidation
Exit: There is a pure trend movement in the direction of the trade. You can close part of the position before the low of the day 4.10, and hold the rest until the close of the session or close this trade in parts (for example, part of the position RR 1/3, another part RR 1/5, etc.) in accordance with your trading system.
Risk Reward: 1/7
$C Tradespoon - Long Entry $71.14Tradespoon model generated long signal for Citigroup (C) NYSE:C with 64% probability to stay above $71.14 today. Predicted range: $71.14–$73.38. Estimated change: +0.34%. Model grade: B. NYSE:C
Stock Of The Day / 12.02.24 / SMCI12.02.2024 / NASDAQ:SMCI
Fundamentals. Positive news - the special committee found no evidence of misconduct.
Technical analysis.
Daily chart. Strong day level 40.0 is ahead. This level was held and confirmed by touches and false breakouts for several months.
Premarket. High premarket volume. Gap Up.
Trading Session. The first reaction at the level is a clear rebound at 10:40 a.m., then a pullback on downward volumes. 11:18 a.m. false breakout of 40.0 level, then a very small pullback on decreasing volumes and a quick return to the level. We are considering long trade.
Trading scenario: breakout of level 40,0.
Entry: 40.40 breakout and holding behind the level.
Stop: 39.59 we hide it behind the low of the breakout candle.
Exit: Close part of the position around 43.7 when signs of weakness in the uptrend appear. Close the position around 42.74 after an unsuccessful attempt to update the high of the day.
Risk Rewards: 1/4
OKLO ANALYSIS - COULD BE A POTENTIAL SHORT 12/16/2024Level 18 has been tested three times, and all three times, there were significant buyers showing up around this level. This time, I haven't seen that yet. I will wait to see how it reacts to the 19 level in the next session. If the selling pressure remains heavy, we may see Oklo trading at the 16.50 level this week.
