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NVDA Falling Wedge Pattern Setup: $127 SL - $153 TargetA falling wedge pattern has formed on NVDA's daily chart, with price action contained between two converging downward trendlines. The stock shows a potential bullish reversal setup after reaching recent highs around $145. Volume has been declining during the pattern formation, which is characteristic of a falling wedge. The setup offers a clear risk-reward with stop loss at $127 and target at $153, with entry planned on a break above the upper trendline.
NASDAQ:NVDALong
by sun_finance1
Micron (MU) is Heating Up! Breakout at $114.52 and Soar UP Key Levels to Watch: Breakout Level: $114.52 Retracement Target: $122 Major Resistance Levels: First Target: $140 Final Target: $170 What to Expect: If MU can break and close above $114.52, we could see a retracement to $122, creating a solid base for the next leg up. Once it clears $140, the path to $170 becomes much clearer. This level will be critical for the bulls, and if it’s breached, MU could be in for an exciting run! Kris/ Mindbloome Exchange Trade What You See
NASDAQ:MULong
by Mindbloome-Trading
I do think BIRD will be one of my best investments of all time. Innovative Technology: Blackbird operates in the cloud-native video editing and publishing software market with its platform named Blackbird. This platform allows for frame-accurate navigation, playback, viewing, and editing in the cloud, which is particularly beneficial for video professionals in various sectors including news, sports, and entertainment. The technology's ability to handle video in a cloud-based environment offers significant advantages like cost savings, reduced hardware requirements, and scalability, which are increasingly important in the digital content era. Market Growth and User Adoption: The company has shown growth in user adoption with its product elevate.io, which has reached 40,000 users across 120 countries shortly after its launch. This indicates a potential for further expansion in the SaaS and cloud video markets, where Blackbird operates. Strategic Developments: Blackbird has been active in enhancing its product offerings, with recent announcements about new features and the appointment of new directors to support the rollout of elevate.io, suggesting a strategic push to strengthen its market position. Financial Considerations: While Blackbird's latest annual financials show a net loss, the company's revenue from its innovative technology, even if not yet profitable, indicates potential for future growth. The interest from both insiders through share purchases and from external investors might suggest confidence in future profitability or a strategic acquisition. However, the negative price-to-earnings ratio implies that the company is not currently profitable, which investors should consider alongside growth potential. Investment Sentiment: There's a mix of optimism and caution among investors based on discussions on platforms like ADVFN, where some see potential in the rapid user growth of elevate.io, while others express concerns over monetization and user retention. This duality in investor sentiment could mean there's room for significant upside if the company manages to successfully navigate these challenges. However, investing in Blackbird plc also comes with risks: Volatility: The stock has shown significant volatility, which might not suit all investors, particularly those with a low risk tolerance. Profitability: The company is currently reporting losses, which could be a concern for investors focusing on immediate returns. Market Competition: The cloud video editing market is competitive, and Blackbird's ability to maintain or grow market share will depend on continuous innovation and effective marketing. In conclusion, buying Blackbird plc shares could be considered if you believe in the long-term growth of cloud-based video solutions and are willing to accept the risks associated with a company that is still working towards profitability. As with any investment, it's crucial to conduct thorough due diligence, consider your investment strategy, and possibly consult with a financial advisor.
LSE:BIRDLong
by sideshowbull
JBLU: Anticipating a Pullback for a Strategic EntryI spend time researching and finding the best entries and setups, so make sure to boost and follow for more. JetBlue Airways Corporation ( NASDAQ:JBLU ): Anticipating a Pullback for a Strategic Entry Trade Setup: - Anticipated Entry Price: $5.27 - Stop-Loss: $3.72 - Take-Profit Targets: - TP1: $9.52 - TP2: $14.23 Company Overview: JetBlue Airways Corporation ( NASDAQ:JBLU ) continues to work toward recovery in a challenging airline market. While the stock is currently trading at $7.16, the anticipated pullback to $5.27 would provide an attractive entry point for traders seeking to capitalize on a recovery in passenger volumes and operational improvements. Earnings Reports: - Q3 2024 revenues came in at **$2.5 billion**, a **6.5% year-over-year increase**, supported by higher passenger demand. - Improved cost management resulted in **$185 million in net income**, reflecting significant progress compared to losses in previous periods. Valuation Metrics: - Price-to-Earnings (P/E) Ratio: **12.4**, highlighting potential undervaluation relative to peers. - Price-to-Book (P/B) Ratio: **0.8**, suggesting upside potential as the stock remains below its book value. Market News: - JetBlue is expanding international routes, aiming for higher revenue streams through underserved markets. - Continued cost-cutting measures and improved operational efficiency are likely to strengthen the company’s financial health over time. Technical Analysis (Daily Timeframe): - Current Price: $7.16 - Moving Averages: - 50-Day SMA: $6.50 - 200-Day SMA: $6.80 - Relative Strength Index (RSI): Currently at 65, signaling that the current rally could soon face resistance and lead to a pullback. - Support and Resistance Levels: - Immediate Support: $6.50 - Anticipated Support: $5.27 (entry target) - Resistance: $7.50 With NASDAQ:JBLU currently trading above $7.00, the RSI suggests overbought conditions, increasing the likelihood of a short-term pullback. The expected entry at $5.27 aligns with prior support levels, making it an ideal price for a recovery-focused setup. Risk Management: A stop-loss at $3.72 minimizes downside exposure, while take-profit targets at $9.52 and $14.23 offer significant upside potential of **80%** and **170%**, respectively, from the anticipated entry point. Key Takeaways: - Awaiting a pullback to $5.27 for an ideal entry point into NASDAQ:JBLU ’s recovery story. - Favorable risk-to-reward ratios make this a compelling opportunity for both swing and long-term investors. - Patience and strict adherence to the trade setup are essential for capturing this move. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All! *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
NASDAQ:JBLULong
by SiriusTrading