$GCT GigaCloud Technology looks ready to breakout from the cup.NASDAQ:GCT is an e-commerce platform company that delivers stellar growth numbers. A catalyst for the stock could be the next quarter earnings, where first signs of profit from their acquisition are expected to kick in. Longby CapitalintheCity5
Gigacloud Technology Inc. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Gigacloud Technology Inc. - Wedge Structure | Center Setting Commitment - Double Top | Hypothesis Bias On Area - Support=0 At 15.75 | Pre-Demand - Wave 2&5(12345) | Pivot Schedule Active Sessions on Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | SellShortby TradePolitics0
$GCT BTO to be a beautiful $30 Strike 9/24 Options @.15 PremiumNASDAQ:GCT With strong fundamentals we know the price distributed to the lowest prices in over a year. It is now cognizable to construe this as a false bear pattern which has quickly evened out into a butting bull play, especially for a very cheap option with possible, exploding volatility which can be on the rise any day. Look at supply / demand zones, support and resistance zones and the price movements that bring to light the emphatic connection you have with the stock market. I expect my $30 option to be exercised by about August 29th wherefore, I think it will accomplish its alarming intent. Because, this is the first video I've done on #Tradingview. Moved out of whim, and caprice, I had to furnish my thoughts to make them manifest and foster right in front of me. :DLong07:41by montiaiUpdated 111
$GCT Boom or bust time?NASDAQ:GCT I decided to become a creator today for NASDAQ:GCT #TradingView, which it is an avocatiton to foresee and extrapolate a price. Long08:49by montiaiUpdated 110
Bullish $GCTI think NASDAQ:GCT is gonna outperform in the short term. The chart, long term seems bullish. Also, earnings are quite solid.Longby thegeorgeand1
Inverse Head and Shoulders with confluence observed!Hi everyone! Both of these Inverse Head and Shoulders patterns show striking similarities, presenting what could be a compelling buying opportunity before a potential rally. We’re looking at a 40% implied move based on this pattern. However, a whole leg up could bring price toward $50-$64 Is this current pattern also the key reversal moment? Technical Insights The chart is suggesting a high probability of a breakout. The potential dynamic after this move, if it proves true, could signify a breakout from the prevailing downtrend. Divergence Analysis: The divergence has held up well on the 30-minute chart. I monitor this closely to manage the trade on a micro level and spot any signs of weakness. RSI Oscillations: Note the similarities in the RSI oscillations. The RSI exhibits compelling confluence, also displaying multiple bullish signals on the Stochastic including an overlaid double bottom and a cup and handle pattern beneath a bull flag. Key Levels The critical point to watch is the Neckline of the Inverse Head and Shoulders pattern around the $30.70 level. I have set an alert to confirm the pattern upon breaking the neckline. Fundamental Strength The fundamentals of this company speak for themselves, It has proven to be a virtually unheard-of market leader. Keep an eye out for the financial results on August 6. Thank you for your time and happy trading! OnePath by OnePathUpdated 1
long, so easy !The two upward channels are rebounding and continuing to rise. Overall, it is still very simple, and the principle is to start from historyLongby trade1638111
💻💡 GigaCloud Technology (GCT) Analysis 📊🔍Strategic Acquisitions: GigaCloud Technology NASDAQ:GCT , a B2B e-commerce solutions provider, recently completed two significant acquisitions: Noble House Home Furnishings' assets for $85 million and Wondersign, a digital signage company, for $10 million. These strategic moves are expected to significantly enhance GigaCloud's revenue and margins. Leadership Highlights: CEO Larry Wu emphasized the company's adaptability and strong profitability. Notably, GigaCloud Marketplace's gross merchandise volume surged by 40.8% year-over-year to $684.8 million. Active buyers increased by 9.6%, and spend per buyer rose by 28.5% to $148,793. Investment Outlook: Bullish Outlook: We hold a bullish stance on GCT above the $29.00-$30.00 range. Upside Potential: With a target set at $58.00-$60.00, investors should closely monitor key performance indicators such as growth in merchandise volume and the successful integration of acquisitions. 📈💻 Stay informed about GigaCloud Technology's progress for potential investment opportunities! #GCT #EcommerceSolutions 📊🔍Longby Richtv_official115
Could be building a third waveafter the rally from 25$ it fell back to 0.618 Fib level and jumped back. Very typical for a second wave. If price will continue to go up, third wave should reach 50$Longby yossiisrael664
GCT: IPO Could Turn into a Super StockFundamentals: This is still a newbie stock. It might develop into a super stock. Accelerating sales. Booming earning. Positive forward outlook from the management. Earnings stability is a little wild and company sponsorship is fresh and growing. This company has a positive cashflow. Overall, it is a good company to buy and hold. It doesn't pay a dividend. This is a growth stock. Technicals: Weekly: 50% Fib pb on horizontal support from October 2023 Kijun trend bounce NR4/7 breakout Daily: exDiv1 with extremes indicator Cloud bounce Morning start candle pattern Bounce off horizontal support and 50% fib from October 2023 uHd Preliminary Target is $60. Estimated time to reach target is November or December 2024; about 7 to 8 months. Longby Rocketman4
GigaCloud has life left to run higher.Uptrend is clear on the low part of the channel. RSI shows me there is a downtrend which is a bit divergent. The Hype is not over yet, watch and see on Monday Premarket. The FOMOs will come again, and force this higher all week long. Bigger than Amazon in a big box way.Longby Fractalhead566Updated 225
Fun predictionBy no means am i the best at T/A, but i feel i am improving. But either way this is a bit of fun but i do feel like it's pretty realistic and has a fair chance in actually panning out :)Longby BortTA3
Very consistent megaphone formation?This formation is extremely consistent. Buy entry once we get back down to support - set those alerts! Risky short if you ask me but we are at the top of the channel so if you take that short please use a stoploss.Longby The_Gains339
GCT Making Several New 52 Week Highs9 January 2024 GCT has shown up on my >= 52 week high scanner the last few days. Volume over the last couple weeks looks good. Looks like the 8 EMA has been respected for a while if you want to wait for a pullback, or trade it if it moves above the high of today (24.01) with a stop below the low of the day (21.12 - hey, that's a Rush album lol!). The 2 methods I like to use in these cases: 1: Wait for the price to stay above the high of the previous day (green line) for at least 15 minutes before taking a trade and set your stop at the low of the previous day (red line). 2: If the price stays above the high of the previous day (green line) for at least 15 minutes, add the stock to a watch list, and wait for a pullback to an EMA that has held it well and then buy it with a stop below that EMA. by stevepom4
Decent growth on the short and long positions.With the technical showing a strong buy, this looks like a tech stock that shouldn't be overlooked. With data cloud client sentiment, and the dynamic of competitive businesses, this looks to be a good long-term growth. Be sure to keep your eye on financial balance sheet.by bunderflick114
GCT bullishThis stock seems ready to the second wave upwards after the pullback. Also the volume has a significant increase.Longby rikasabdul2
$GCT earnings surprise 200% earning beat waiting for the 15min candle to develop and put the SL at the lows of it if the price goes below 10dma we exit...Longby Kangaroo-Market1
$GCT Bearish Divergence ... Lock in Profit opportunity?$GCT Bearish Divergence ... Could be a good opportunity to Lock in Profit ?Shortby TradingZzoneUpdated 114
$GCT Inverted Cup and Handle Pattern formation$GCT Bearish Inverted Cup and Handle Pattern formation in 1h TF. Should break the C&H support line to confirm the pattern.. Targets and support lines in chart.Shortby TradingZzoneUpdated 0