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CLOV Trade Setup: Entry at $3.05, SL at $2.96!This chart highlights a CLOV trade setup on the 30-minute timeframe. The entry point is at $3.05, with a stop-loss (SL) set at $2.96 to manage risk. The setup targets a potential breakout above the descending trendline, aiming to test key resistance levels: Target 1 (T1): $3.14 Target 2 (T2): $3.25 The strategy ensures a favorable risk-to-reward ratio while capitalizing on potential upward momentum. This setup focuses on technical analysis for precise entry and exit points.
NASDAQ:CLOVLong
by Xeeshan79
NVDA: Short-Term Bullish SetupNVDA is holding strong above its key support at $131.97 📉(drawn green line), signaling potential for a bullish move 📈. A short call position here could be profitable, with a stop-loss at $131.30 to manage risk. 🔑 Key Levels to Watch: 🔵 $135.50 Retest: A breakout above this level confirms bullish momentum. 🎯 Target Range: $139 - $141.50 after a clean break of $135.50. 💡 Pro Tip: Stay disciplined with stop-losses and watch for sustained volume above the breakout level for the best entries. Let’s ride the wave 🌊—smart risk management is the key to success! 💼📊
NASDAQ:NVDALong
by Mercury812
(KINS) Kingstone Companies- Kingstone Companies achieved record-setting premiums and a 40% growth rate in its core personal lines business during Q3 2024, attributed to the exit of two competitors in New York, providing a significant growth opportunity. - The Select product, a key offering, has shown a more than 20% lower reported frequency compared to legacy products, indicating strong risk selection and underwriting practices. - Kingstone's strategic move to reduce debt, coupled with a robust capital management strategy, positions the company to focus on maximizing earnings and shareholder value in the future.
NASDAQ:KINSLong
by dominicflo97
Micron Reports Earnings Next Week. What Do Its Charts Say?High-end chip designer Micron Technology NASDAQ:MU will report earnings next Wednesday (Dec. 18), with analysts looking for about 84% in year-over-year revenue growth -- representing what would be the third straight quarter of 80%+ annual sales gains. Let’s see what MU’s fundamental and technical analysis say heading into the report. Micron’s Fundamental Analysis MU management has previously guided its fiscal Q1 results to $1.74 in adjusted earnings per share on $8.7 billion of revenue. However, analysts’ consensus view as I write this is calling for Micron to do even better -- $1.77 in non-GAAP EPS on $8.7 billion in revenues. That would compare nicely to the $0.95 per share non-GAAP loss that the firm saw on $4.73 billion of revenues in the same period last year. Of the 22 sell-side analysts that I found who track Micron, 12 have increased their fiscal Q1 earnings estimates recently, while 10 have cut them. But as noted above, analysts’ consensus estimate looks for the company to continue its recent string of 80%+ year-over-year revenue gains. Clearly, the buildout of large language models and other AI-related needs has ramped up the need for Micron’s memory chips. Micron has certainly been an operating-cash-flow beast, but has also spent plenty of that incoming money on new equipment. On one hand, the firm generated $3.4 billion of operating cash flow during its fiscal Q4 ended Aug. 29, along with $8.5 billion for the trailing 12 months that concluded at that time. However, capital expenditures (“capex”) during fiscal Q4 totaled $3.1 billion, as well as $8.4 billion in the 12 months ended Aug. 29. So, free cash flow was positive, but not by all that comfortable a margin. Looking at the balance sheet, MU had an $8.1 billion cash position as of Aug. 29, along with $8.9 billion in inventories and $24.4 billion in total current assets. Current liabilities added up to $9.3 billion, which included $106 million in shorter-term debt and $766 million of unearned revenue. That left the firm's current and quick ratios at 2.64 and 1.68, respectively. That's quite strong by Wall Street norms, especially for an inventory-intensive business. Total assets amounted to $69.4 billion, which included just the smallest amount of goodwill and other intangibles. Meanwhile, total liabilities less equity came in at $24.3 billion. That included $11.2 billion in long-term debt – a level that doesn’t look like the end of the world, but that Micron will probably need to manage over time. Still, MU’s balance sheet appears healthy overall by industry norms. Technically Speaking ... Now let’s look at Micron’s chart going back to April 2022: Readers will see that the stock rallied more than 200% from its $48.45 September 2022 intraday low to its $157.54 June 2024 intraday high. MU then pulled back between July and September of this year, but found support at close to the 61.8% Fibonacci retracement level of the entire 2022-2024 rally. That set up the range that the stock has been trading in ever since. Now let’s zoom in and look at Micron’s chart from just April 2024 to December 2024: In this time frame, readers will see that MU has been trading within a series of lower highs and higher lows -- creating what’s called a “pennant” formation (denoted by the purple lines above). Micron’s pennant appears to be closing as earnings approach, which could be significant. Historically, violent market reactions often ensue when a stock’s pennant or triangle pattern closes. MU isn’t far from breaking below the pennant’s lower trendline. Should that happen, there will be nothing technical standing between that trendline and Micron’s August/September double-bottom lows. Also note that Micron is trading below its 21-day Exponential Moving Average (or “EMA,” marked with a green line), its 50-day Simple Moving Average (or “SMA,” denoted with a blue line) and its 200-day SMA (the red line). This sets up a series of obstacles that could serve as resistance. That said, taking and holding these levels could bring the swing crowd on board, while also forcing portfolio managers to increase long-side exposure. Meanwhile, readers will see a largely neutral reading for Micron’s Relative Strength Index, as denoted by the gray line at the chart’s top. Similarly, MU’s Moving Average Convergence Divergence indicator (or “MACD,” marked with gold and black lines and blue bars at the chart’s bottom) tells us very little. All three components -- the histogram of the 9-day EMA (blue bars), the 12-day Exponential Moving average (or “EMA,” marked with a black line) and the 26-day EMA (gold line) are running together. They’re also all close to zero, which is historically a neutral sign. (Moomoo Markets Commentator Stephen “Sarge” Guilfoyle had no position in MU at the time of writing this column.) This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. 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NASDAQ:MU
by moomoo
5
Cable One, Inc. ** Investment opportunity for the months ahead ** On the above 3-week chart price action has corrected 85%. A number of reasons now exist to consider a long position, they include: 1) Price action and RSI resistance breakouts. 2) Price action is on legacy support from January 2016 3) No stock splits. 4) A near 300% forecast is made to broken market structure. The forecast is derived from the falling wedge. 5) A dividend of 2.81% Is it possible price action continues to correct? Sure. Is it probable? No Ww Type: Investment Risk: You decide Timeframe for long entry: Before end of year. Return: 200%
NYSE:CABOLong
by without_worries
5
PLCE: Turn Around StoryOpportunistic pick up to add to position. Market is reading too much in a CFO swap. Fundamentals + Business is turning around (toward profitability) - Unclear whether new management's plan will pan out due to a highly elastic customer (losing a significant amount of customers for marginal improvements in margin) + Last quarter weaker than usual due to a shift forward in the start of the school year (school spending started later) - will support earnings for next quarter + Cheap (esp as major input prices continue to shrink and get reflected in the income statement), expect to see margin improvement; but also a risk if we see barriers to trade go up next year from the president elect Technical + Finding support around 10.75-11.25 (great place to add) + Primary holder holding most the shares showing limited availability of liquidity + Feel of the chart suggests most existing holders are finding value - moves are exaggerated to the downside because of liquidity but are quickly getting picked up (see last dip on bad earnings); downside moves are look fast and exaggerated because any seller has to sweep through the market to source liquidity. Buyers respond in kind by offering liquidity (picking up shares via limit orders and gradually moving up). + Options are extremely rich so puts more pressure on the underlying shares to source liquidity (options too expensive to carry long or short). + Price is consolidating, resembles flag-esque pricing action; and very different than prior moves which saw upward thrusts before a move lower. Targeting: short term target 16 as the base case (top of flag) or highs 20s to reflect current fundamental value (potentially higher if margin returns and top line stabilizes).
NASDAQ:PLCELong
by quantitativetendies
JPMorgan: Not the Star of BethlehemThe Christmas season is known for three Wisemen following a light in the night sky to Bethlehem. But another, less jovial star may have settled above the House of Morgan. The first pattern on today’s chart of JPMorgan Chase is the candle on November 25. Prices jumped above $253 in the first five minutes of that Monday morning, but quickly reversed and closed at $250.29. Some traders may view that as a bearish shooting-star pattern. JPM proceed to close lower the next six sessions and was soon under $250. Its shares have continued downward, probing above their 8-day exponential moving average (EMA) while mostly closing below it. That could suggest a short-term downtrend has developed. Falling MACD may provide a similar signal. Finally, a large gap occurred on November 6 after Donald Trump was reelected President. Could JPM now look to fill some of that space? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:JPM
by TradeStation
6
Hewlett Packard Enterprise Pulls BackHewlett Packard Enterprise jumped to a new record high last week, and some traders may see opportunities in this week’s pullback. The first pattern on today’s chart is the surge on December 6 after earnings and revenue beat estimates. HPE has retraced all the move and is now trying to make a higher weekly low. That may suggest an uptrend is in place. Second is the price zone between roughly $21 and $21.62, matching peaks in July and October. The stock fought this resistance area for a month but could now be turning it into support. Third, the 50-day simple moving average (SMA) recently crossed above the 100-day SMA. Both are above the 200-day SMA. That configuration may be consistent with a longer-term uptrend. Finally, HPE’s last quarterly report triggered several price-target hikes from analysts but it still trades at relatively low valuations compared with other technology companies. It’s also starting to enter the AI market. Could it be a “cheap AI play” for the New Year? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:HPE
by TradeStation
Intel - New CEO equals bright future?Hi friends, we would be taking a look into Intel, after the recent news that the old CEO has "been retired". Currently on a fundamental level should bring fresh blood to the company, so it can grow accordingly, many of the board members have put on blame on the previous CEO which made the company lag behind it's compettitor. Currently I believe Intel is extremely over-sold as to where is their price,and they need a good upgrade into their product, which by the way is a strong compettetive product in this field of business. Technical point of view, as stated stock is oversold, we can see that the RSI is trying to formulate a strong Ascending Channel, and we have two very key gaps that need to be covered so we can get back on track and start targeting the 40$ area. Entry on market open- 20.78$ - I am entering with 2400 shares Target 1: 26.43 Target 2: 31.42 Target 3: 35.52 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
NASDAQ:INTCLong
by DG55Capital
3
Paramount Global - PARA 11.19 USD - ride to 17 USD.Paramount Global in interesting situation. Company sold to money, means to Davis Ellison son of Oracle founder. Means money should never be a problem. And Davis Ellison has experience in this business and is very successfull with his own companies Skydance media. For sure. Davis has not the biggest cable TV net bought, but he has a lot of content to fill this up with own low prices, to grow up. It not must be Amazon prime. Meantime Mr. Ellison decided to install 2 Co Leaders for PARA and will increase efficency. Technical side all prepared for ride to 17 USD next Year. Why: - Prices bottomed at long term support - No more huge Seller packages - Buyers returning, confidence to Mr Ellison - MA 10,20,30 at weekly turning upward - outbreak from descending triangle Dan, 9.12.24
NASDAQ:PARALong
by Flyerdan
Altice USA, Inc to print disturbing gains of 500% ??** For the active investor — weeks and months ahead ** On the above 10 day chart price action has corrected 95% from $38 to $1.65 without the aid of stock splits. A number of reasons now exist to enter a long position. They include: 1) Price action and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Regular bullish divergence. Multiple oscillators print positive divergence with price action over a 3 month period. 4) No stock splits! 5) 10% short interest.After 95% correction, good luck with that. Is it possible price action continues to correct? Sure. Is it probable? No. Ww Type: Investment Risk: You decide, please do you’re own due diligence Timeframe for long: This year. Return: 400-500%, no significant resistance until $12 Stop loss: elsewhere
NYSE:ATUSLong
by without_worries
10