AI
FTNT: Dark Pool Buy Zone SupportNASDAQ:FTNT is a good example of a stock that had a big gap down that immediately filled due to falling below its fundamental level and a Dark Pool Buy Zone.
This and the sideways trading range developing on the long-term trend creates strong support for weathering any sympathy moves from other cybersecurity stocks that have been over-speculated.
Sideways action is likely to continue for a time, but AI-driven cybersecurity will only become more important in the years ahead and this stock is still at a decent price.
Render #RNDR - Big pattern Big target --- heading to over $30Rndr is in price discovery
Rndr is in the right sector #AI
I can't catch all the ticker's theres way too many
help me out and suggest new altcoins for me to look at..
Anyway
Still lot's left on the table in terms of gains
Even just buying Spot.
Bitcoin Peaks, Then Plummets + AI Tokens Await NVIDIA ConferenceBitcoin Peaks, Then Plummets + AI Tokens Await NVIDIA Conference
Bitcoin has just hit a new all-time high, surpassing the previous record set in November 2021 by a couple hundred dollars on some exchanges (about $69,300). This could have been a ‘just for the hell of it’ accomplishment, because immediately after, selling pressure took it down ~6%, below $63,000. No sign right now of a bottoming.
Still, the consensus for Bitcoin (according to Binance users) moving forward is Bullish (35% bullish and 29% very bullish).
Another interesting story developing in the crypto space is that of AI-based tokens. Bullsih predictions for coins such as Render (RNDR), Fetch.AI (FET), SingularityNET (AGIX), and Akash Network (AKT) are building in the lead up to NVIDIA 2024 GTC conference. The NVIDIA conference, scheduled between March 18 and 21, will feature technical workshops on generative AI.
RNDR LONGThe render is bouncing off the support level and the ascending trendline. Bullish movement is expected to continue and reach the resistance at $8.18
AIDoge...good boi!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Well I got in, but the waves are not super ideal for me... they could be counted several ways. I think the move down looks like an impulse, so this count reflects that as the anchor. I am taking some liberties here to be fair...not counting some super long wicks is what I mean.
BUT in any case a break here to above 5420 and having it flip would be an ideal print. If we start falling back I want to see these levels hold as support.
LFG!
AGIX, Impulse complete? If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
SEED_DONKEYDAN_MARKET_CAP:AGIX update
My new best friend!
Triangle didn't print.
But when #Elliottwave fibs hit, I pay attention. 🧵
Looks like an impulse complete.
Would like a bit more clarity to be certain.
.90572
And
.83644
on watch.
NVIDIA 850 ABOVE 815 SL 805 Reason Why Nvidia Will Still Growing
Diverse Market Presence: NVIDIA is not just a semiconductor manufacturer; it’s a tech powerhouse. Beyond GPUs for gaming and professional markets, they also create system-on-a-chip (SoC) units for mobile computing and automotive applications. Their expansion into cloud software and services positions them well for growth1.
Cloud-Based Software Dominance: The pandemic accelerated the adoption of cloud-based software and computing. NVIDIA’s GPUs play a crucial role in data centers—the brains behind cloud services. In Q1 2021, NVIDIA’s data center revenue hit a record high of $2.05 billion, accounting for 36% of total sales. Major players like Microsoft’s Azure Cloud, Google Cloud, and Amazon’s AWS rely on NVIDIA’s GPUs for data operations1.
AI and Deep Learning: Artificial intelligence (AI) systems demand fast and reliable processors. NVIDIA’s GPUs are unmatched for training and running AI systems. Their focus on research and development ensures they stay at the forefront of AI technology1.
Competing with Giants: NVIDIA is developing its own cloud services, including AI Enterprise and the Base Command Platform. They’re also venturing into creative collaboration tools with Omniverse. These initiatives put them in direct competition with tech giants like Amazon, Apple, Alphabet, and Microsoft1.
Analyst Estimates: While NVIDIA’s stock has rallied significantly, its price-to-earnings (P/E) ratio remains high. However, analysts estimate that by fiscal 2025, their earnings per share could double, making the stock more attractive2.
Dell to 200+ by summerDell nice breakout on a great earnings. It is not crazy expensive. Earnings probably get bumped up to 10 dollars for next year from 7-8 dollars a share on the server backlog. Put an AI multiple on that and baby you got 20-30 times next years earnings of 10 dollars by summer, or a 200-300$ stock ha.
Filecoin: Biggest Shitcoin In History, Will Never Pump Again!FILECOIN:
A COIN OF FRAUDSTERS, HUCKSTERS & RACKETEERS!
Everything is PUMPING MASSIVELY while this FRAUD coin is still down 97% from its
all-time-high.
The Filecoin Foundation keeps dumping, preventing the coin from breaking out like everything else. If you "invested" in Filecoin expect to be used and taken advantage of by the Filecoin Foundation & Filecoin shillers like Arthur Hayes!
Beautiful Breakout and strong fundamentals - AppLovin NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy.
They have been steadily increasing cash flow on top of accelerating earnings growth. The last 3 quarters it's beat analyst estimates and it's my personal opinion that we are in the midst of a era where web apps as well as mobile apps are being developed very rapidly, increasingly by individuals and smaller companies.
Net Income, Margins and Returns on Equity and Assets are all increasing. No wonder it's more than quadrupled since it's bottom of $9.00
Think of Streamlit, for you coders, and Snowflake's NYSE:SNOW increasing presence in owning these, and similar technologies. NASDAQ:APP is operating in a similar space and they really offer it all when it comes to building applications for your business.
The estimate revisions are surprising and look very strong going into next year.
See the Zack's Estimate Revisions below. (Current Quarter/Next Current Year/Next)
CQ NQ CY NY
Current 0.56 0.59 2.48 3.08
7 Days Ago 0.56 0.59 2.48 3.08
30 Days Ago 0.33 0.31 1.56 1.71
60 Days Ago 0.33 0.31 1.58 1.71
90 Days Ago 0.33 0.31 1.58 1.63
Nvidia's Spectacular Rise: A $2 Trillion ValuationNvidia ( NASDAQ:NVDA ), the powerhouse in AI chip technology, is poised to close with a staggering $2 trillion valuation, marking a historic milestone in the realm of tech giants. The ascent comes on the heels of an optimistic forecast from Dell Technologies, propelling Nvidia's ( NASDAQ:NVDA ) stock to new heights and igniting a broader rally in the AI sector.
Dell's rosy outlook, particularly regarding the surge in orders for AI-optimized servers powered by Nvidia's ( NASDAQ:NVDA ) processors, served as a catalyst for the market frenzy. With Dell's shares soaring to record highs, Nvidia's ( NASDAQ:NVDA ) stock surged by 3.6%, solidifying its position as a dominant force in the AI ecosystem.
At $2.05 trillion, Nvidia ( NASDAQ:NVDA ) now stands as the third most valuable company on Wall Street, trailing only behind tech behemoths Microsoft and Apple. This remarkable valuation underscores the pivotal role Nvidia ( NASDAQ:NVDA ) plays in shaping the future of AI-driven innovation.
The ripple effects of Nvidia's success were felt across the semiconductor industry, with companies like Super Micro Computer, Broadcom, and Marvell Technology witnessing significant gains. The PHLX chip index itself rallied to a record high, reflecting the widespread enthusiasm for AI-related investments.
Nvidia's stranglehold on the high-end AI chip market, with prominent clients including OpenAI, Microsoft, Alphabet, and Meta Platforms, highlights its unrivaled position in driving advancements in generative AI technologies. As demand for its components continues to soar, Nvidia's stock has emerged as the most traded on Wall Street, surpassing even the likes of Tesla.
The meteoric rise of Nvidia's ( NASDAQ:NVDA ) stock, which has surged by 65% in 2024 alone, underscores the insatiable appetite for AI-driven solutions and the company's relentless pursuit of innovation. With its stock market value eclipsing that of tech giants like Amazon and Alphabet, Nvidia ( NASDAQ:NVDA ) has firmly cemented its status as a powerhouse in the tech industry.
While Nvidia's ( NASDAQ:NVDA ) journey to a $2 trillion valuation is nothing short of remarkable, it also poses challenges and scrutiny. Questions about market dominance, supply chain constraints, and the sustainability of growth loom large as Nvidia ( NASDAQ:NVDA ) continues to chart its course in the ever-evolving landscape of AI technology.
DUOL- AI Translation Services for global apps LONGDUOL popped from a 5X earnings beat. I got into this trade last week with a little bump in
relative volume and volatility off-screeners on tech upcoming earnings. The high-tight flag
pattern typically forecasts a leg of a bullish continuation higher after some consolidation.
Options for March 15 went 2.5X overnight. Half the position off the table taking profits.
the other half awaiting the continuation. The risk here is those taking profit or short selling
outnumbering new buyers chasing and causing a fade. Nonetheless, I see the potential for
further profit and will assume the risk.
profit
[enqAIUSD] New Gem, Still unknown and unoticed. added on Dec.BIGHello,
I stumbled upon this one when I was searching for new AI cryptos since I missed the fetch, agix etc pump...
This one is a good project I went though their documentation. They are serious and major plans lay down already.
ONLY on ETH swap and CoinEx(was JUST added 2 day ago chart still NOT on TV) at the moment. as soon as it will be noticed... you should know what's gonna happen.
This is a project that might end up on Binance...
Cheers
AIX entered to parabolic move- Strong community and delivering team
- AI narrative is trending this year
- Entered exponential phase with increased volume
- Still early, didn't listed in any big exchanges
- Market cap 77m, liquidity locked