SOUN a small cap AI stock ready for a VWAP reversal LONGSOUN on the 15 minute chart as fallen again to the anchored mean VWAP. Each previous
time this has occurred in the past month, price has bounced into the second or third upper
VWAP band line for a bullish momentum move. The mean VWAP is where big players like
to pick up and drop off shares. Liquidity is at the highest. Teh Relative Trend Indicator will
show best entries where the trend is negative but the returns to the chop zone to climb
out of it and go positive. This indicator can function with alerts and notifications. SOUN
uses AI and voice control of it to make apps more user friendly and potent. A similiar stock
is DuoLingo ( DUOL) which also adds language translation into the functionality. Those on a
budget in their trading love the price. Those not on a budget make love the volatility and the
quick profits it can bring if traded properly.
Aistocks
SOUN breaks above falling wedge LONGSOUN has been falling since March 21st and in the past week in a falling wedge pattern.
It broke out above the wedge early in the 4/4 session and I opened my long trade position
soon after in three separate pieces. I have set targets based on pivots or consolidation levels
on the trend down including a standard Fibonacci retracement. The trend up will be
slow perhaps due to the general technology market recovery of the correction made for
the ambiguities of the rate cut. I am projecting a trade profit of 30-40 %.
DELL leaps out of the shadows of SMCI LONGDELL has risen and is now at its all time highs. Apparently, its server intrastructure business
this thriving. It is chasing SMCI and does not have the high valuation ratios that make
SMCI look overextended. The indicators document the up trending price action. A price
forecast algorithm has DELL rising into a high pivot on April 18th with 35% upside to that
forecasted pivot. I am adding to my DELL position here for the anticipated two week trade.
MMAT Meta Materials trying to reverse LONG.stockinvest.us
www.nasdaq.com
Yes, MMAT's target got raised 100X ( it has been in that neighborhood before)
MMAT is currently trading at one-tenth of its price mid 2023 and 98% below its all time high.
It got an upgrade of late. The 2 hr chart shows a falling wedge from which there may be an
early breakout. The breakout is a confluence of the apex of the wedge with the first lower
VWAP line of an anchor back to the summer of 2023 when price was about $20.
Given the 30% move Friday and after-hours to close out the week and the
huge upside ( potentially a fiftybagger? ), MMAT deserves a consideration of a long entry.
After the opening bell, I will look at the opening range on a 5-15 minute chart and take my
trade counting on increasing momentum sustained into a new trading week and more eyes
on MMAT. I like this stock's underdog status and the penny stock volatility that might be
harnessed to achieve great profit. In the California Gold Rush, the sellers of shovels, pans
and mining equipment made money with the miners. Chips are the new gold and MMAT
is part of the supply chain for semi-conductors. It's that simple.
Amazon's Billion-Dollar: Anthropic Investment Fuels AI Arms RaceAmazon's foray into the realm of artificial intelligence has reached unprecedented heights with its monumental investment in Anthropic, a San Francisco-based startup pioneering generative AI technology. With a staggering $2.75 billion injection, Amazon ( NASDAQ:AMZN ) solidifies its commitment to staying ahead in the AI arms race, marking its largest venture investment to date. This strategic move underscores the escalating competition among tech giants to harness the transformative power of AI and secure their positions in the rapidly evolving technological landscape.
Amazon's Strategic Maneuver:
By doubling down on its investment in Anthropic, Amazon ( NASDAQ:AMZN ) demonstrates its strategic foresight in identifying and capitalizing on emerging technologies with disruptive potential. Anthropic's cutting-edge AI capabilities, including its foundation model and chatbot Claude, position it as a formidable contender in the AI landscape, challenging established players like OpenAI and ChatGPT. Amazon's substantial backing not only enhances Anthropic's resources for research and development but also strengthens its competitive edge in driving advancements in generative AI.
Implications for AI Innovation:
The infusion of billions of dollars into Anthropic reflects the growing significance of AI as a transformative force across industries. With Anthropic's groundbreaking AI models outperforming industry benchmarks and setting new standards for performance and capability, the potential for innovation in areas such as language processing, reasoning, and multimedia analysis is immense. Amazon's strategic collaboration with Anthropic is poised to accelerate the pace of AI innovation and unlock new possibilities for enhancing customer experiences and driving business outcomes.
Tech Giants' Spending Blitz:
Amazon's blockbuster investment in Anthropic is part of a broader trend of heightened investment activity among cloud providers and tech giants in the AI space. As competition intensifies, companies like Microsoft, Google, and Salesforce are also making significant investments in AI startups to bolster their AI capabilities and expand their market reach. This spending blitz underscores the pivotal role of AI in shaping the future of technology and underscores the strategic imperative for companies to stay at the forefront of AI innovation.
Regulatory Scrutiny and Ethical Considerations:
While the surge in AI investments signals a growing appetite for innovation, it also raises important questions regarding regulatory oversight and ethical considerations. Concerns about antitrust issues, revenue reporting practices, and the potential for misleading investors have prompted regulatory scrutiny, including inquiries by the U.S. Federal Trade Commission. As AI continues to reshape industries and societies, stakeholders must navigate complex ethical and regulatory landscapes to ensure responsible and equitable AI development and deployment.
WULF a high volatility AI penny stock LONGWULF on a daily chart has room to run to a end of the year pivot high and the ATH of July 23
The relative trend indicator shows it rising out of of the chop zone and the RSI shows lines
popping over 50. My targets are 3.1 and 3.8 the red lines from the tweezer tops. PRice has
crossed the mean VWAP a bullish momentum stimulus. It is a cheap but risk way to take
an entry in a swing trade long on WULF and the AI subsector of technology. Upside is 50-75%
overall with a stop loss of 10% raised to break =even once price is 10% above entry and changed
to 5% trailing once price is over 25% above the entry. This is a low time and effort type of trade
meant to extract high profit relative to time/effort also with the use of alerts and notifications
to manage the trade.
TERADYNE (TER) a AI / Chip Sector Stock SHORTTER shown here on a 30 minute chart has asended in a diverging channel to the resistance of
January pivot high shown in the line and zone drawn onto the chart. My idea is to short it
from here targeting first about 106 which is the line drawn from a pivot before the
paradoxical fall with a decent earnings report. The lower target is the support trendline of
the channel or about 103.5. This is about a 6% potential trade and more with margin or
put options. I expect the trade to last two days as falling down is usually quick than rising.
AVGO dips for a buy now $50 under ATH LONGAVGO is asking to be chased. On the daily chart, the price is now $50 below the ATH of
the top of of the month. RSI on the lower TF green line has pulled back to 72 from 85.
The longer TF black line is admittedly in overbought territory. The longterm growth
expectations of the AI stock defy ordinary technical analysis, AVGO is 3-4% below the ATH.
I see this as an opportunity to diversify in AI stocks by getting a small position in BroadCom
to supplement NVDA, MU and INTC. I am looking at TXN as it has a lower price tag and is
about 10% below ATH. ( The growth prospects need a look to see if they are there.)
I expect AVGO to compete well in the space and can see that it is making agreements with
some other companies well situated in AI .
TGL Fintech with a push discounted 96% from ATH LONGI am watching TGL for a short squeeze. A recent pivot high in the past year was about 37 and
the ATH of 168 was the winter and spring of late 2022 and early 2023. This is an app that
matches merchants and consumers with incentives to both to deal and make transactions.
I believe that it has been heavily shorted while in a persistent trend down. Relative strength
has been rising and the TTM triggering. A spike in relative volume was more than 50X. I have
taken a position and have an unrealized profit of 22% however, I expect more and will add to
the position given a dip from the high of 8 down to 6. For the time being the targets are 10.5
and 12, where I will take off 25% of the position at each level. IF TGL can squeeze and maintain
momentum over the weekend, next week could be a bigger move.
Correction Coming for AI? AI technology has been recognized as the new future since the end of 2022. The rapid advancements in AI and its stock prices sparked debates regarding the sustainability of its current valuations.
Indeed, AI technology has a long runway ahead, but like all journeys, it will eventually encounter a bend. In today's tutorial, we are going to study its fundamental and technical reasons why we may have to prepare for a windy and bumpy ride ahead.
E-mini Nasdaq Futures & Options
Ticker: NQ
Minimum fluctuation:
0.25 index points = $5.00
Micro E-mini Nasdaq Futures & Options
Ticker: MNQ
Minimum fluctuation:
0.25 index points = $0.50
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
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ORCL a preearnings SHORT TRADEORCL rose from its prior earnings which were not impressive. On the 180 minute chart,
price ascended to the second upper anchored VWAP band and dropped to the mean VWAP
band line in a standard Fibonacci retracement. Finally it turned upside and ascended to the
first anchored VWAP line. The POC line of the immediate volume profile of the past two
months is 113.9 and price is currently below it. RSI lines are near the 50 line and the green
faster line is below the red slower line. The predictive modeling algo shows a forecasted
regression line moving down on the approach to the earnings report after market close on
March 11th. My target on this short trade is 101 being the pivot low at the prior earnings of
December. This represents 10% downside. Accordingly, this is a one to three day trade covering
the earnings period and after seeking 10% in quick profit. The stop loss is set at 114 above the
near term POC line.
BBAI - a penny stock in a hot sector LONGBBAI fell on an earnings miss on Thursday March 7th. The downtrend of 30% was basically a
slow flush. Penny stocks are volatile to begin with; this one is in the hottest of subsectors.
Price is in the hard oversold area just above the second lower VWAP line on this 15 minute
while the RSI lines are in the mid-30s showing the price weakness. A predictive forecasting
algo from Luxalgo suggests a bounce from the present price. I will take a long trade targeting
a return of 25% over the next week with three targets and partial closures of 25% , 50 and
25% respectively with the targets shown on the chart. The stop loss is 2.50 just below the
pivot low of 2.5. This trade idea demonstrates how penny stocks have great volatility and
how if entered well can result in 25% weekly which if compounded regularly can result
in rapid account balance growth overall. The trade is to be managed with partial closures
directed by alerts and notifications as well as a trailing stop loss of 5% once the price gain
has reached 10-15%. This minmizes effort and screen time so that they can be spread
across a wider variety of trades.
CELH in the AI subsector flies on Earnings- SHORTCELH on the 15 minute chart broke out from a decent earnings reprto and has been part of the
IA stock surge. Is it over-extended? Will it follow NVDA in a downtrend? Is this Icarus getting
too close to the sun? Yes, I think so. The company name is Celcius and it fits the Greek
mythological person and story well.
Yes I think CELH will correct. It's in the cards for a lot of its peers. CELH has been hugging
the second upper VWAP band as resistance for several days and is at the upper bounds of the
high volume area for the profile. The slower RSI line is above 50 but the faster line in green is
below that important level. The Luxalgo predictive model forecasting the linear regression
line shows a trend down. This is a regression to the mean concept playing out.
I will open a short trade targeting the evolving PCO line at 82 and then the mean anchored
VWAP line at 78.5. A stop loss of 91.35 kicks in if instead price moves into a high volume
area breakout which is considerably less probable.
AVGO Chipmaker in an ascending channel SHORTOn a 30-minute chart, like several other computer chip manufactures has approached or
reached a near-term top. Overall Broadcom has gained 19% YTD. Earnings are in about two
weeks. I see this as a short trade to follow AVGO from the top of the channel down to about
1225 in time to catch earnings at the bottom of the channel to end the swing trade and instead
go long from there. I intend to close the trade two days before earnings and flip sides
hunting the beat on the earnings.
AI made a Bullish Break-out and is targeting $60.C3.ai (AI) broke on Monday above the 8-month Lower Highs trend-line that dictated the former Bearish Leg of the 1.5 year Channel Up pattern. That is a major technical bullish break-out for the long-term as at the same time the 1D MACD completed a full Bullish Cross.
The last time we had such a series of technical events was on the January 13 2023 bullish break-out where the stock closed again a 1D candle above the Lower Highs. The price rallied +205% from the bottom. The next rally that formed the June 16 2023 Higher High on the Channel Up was on a +190% rally. Assuming a -15% decrease on every Bullish Leg, we expect the current rally to peak a +175% from the bottom. As a result we are placing our target just under the 1.382 Fibonacci extension (standard Higher High target) at $60.00.
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ARM Holdings Surges Over 45% on Strong AI Chip ForecastsIn a staggering surge, Arm Holdings ( NASDAQ:ARM ), the British tech giant famed for its semiconductor designs, witnessed a remarkable uptick of over 45% in its stock value on Thursday. This meteoric rise was propelled by bullish forecasts, as clientele gear up to fashion cutting-edge chips tailored for artificial intelligence (AI) applications. With the quest for AI-powered devices intensifying, Arm stands at the forefront, poised to reap the rewards of this burgeoning market.
Embracing the AI Revolution
Arm's ascent stems from its pivotal role in furnishing blueprints and intellectual property crucial for crafting the chips omnipresent in today's mobile phones, notably Apple's iconic devices. The company's trajectory has been deeply intertwined with the surge in demand for AI-centric technologies, with customers increasingly gravitating towards Arm's offerings to fuel their innovation in this domain.
Unveiling a Paradigm Shift
Arm's executives unveiled a strategic shift, highlighting the surge in clientele opting for Arm-based central processors in tandem with Nvidia's chips for AI-centric endeavors in data centers. Moreover, Arm's foray into developing AI-enabled laptops and smartphones underscores its commitment to pioneering advancements in consumer electronics. By leveraging its unique model of creating and licensing semiconductor designs, Arm has managed to scale rapidly while maintaining a lean operational footprint.
Supercharging Growth Through AI
Investment pundits underscore the symbiotic relationship between Arm and the AI boom, emphasizing how the company's revenue streams are poised for exponential growth fueled by the AI revolution. Notably, Arm's ability to deliver substantial royalty and licensing revenue reflects its adaptability and resilience in harnessing emerging technological trends.
Market Dynamics and Valuation
Amidst this fervor, market dynamics come into play, with Arm's valuation reflecting its elevated standing in the tech landscape. Trading at 56.46 times its 12-month forward earnings estimates, Arm's valuation surpasses that of industry stalwarts like Nvidia and Advanced Micro Devices. However, its low-float status renders it susceptible to pronounced market fluctuations, underscoring the need for cautious investor scrutiny amidst this period of exuberance.
In essence, Arm Holdings' ( NASDAQ:ARM ) remarkable surge epitomizes the symbiotic relationship between technological innovation and market dynamism, as it harnesses the power of AI to propel itself into uncharted territories of growth and prosperity.
PALANTIR starting a new multi-month rally to $45Palantir (PLTR) has been trading within a long-term Channel Up pattern every since the August 05 2022 High. The recent consolidation within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) was successful as it held the latter as Support and broke above the former. Since we are technically on the 2nd long-term Bullish Leg of the Channel Up, this break-out, along with the 1D RSI breaking above its Lower Highs trend-line, should set in motion a multi-month rally similar to the one that started on the May 04 2023 Low.
This gives us three Targets to aim in succession:
a) $24.50, which represents a +58.90% rise such as the one that peaked on November 21 2023.
b) $37.00, which represents a +136.51% rise such as the one that peaked on June 07 2023.
c) $45.00, which represents a +243.33% rise such as the one that peaked on August 01 2023.
The latter two would break the original (blue) Channel Up and start a divering (dotted) more aggressive one.
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NVIDIA Pioneers $30 Mil Initiative to Propel U.S. AI Research
In a groundbreaking move, VANTAGE:NVIDIA ( NASDAQ:NVDA ) has joined forces with the U.S. National Science Foundation (NSF) to spearhead the National Artificial Intelligence Research Resource (NAIRR) pilot project. This strategic partnership, aimed at advancing the United States' artificial intelligence industry, sees NVIDIA ( NASDAQ:NVDA ) committing a substantial $30 million towards cutting-edge AI technologies, supercomputing capabilities, and relevant software over the next two years.
The NAIRR pilot project, launched in collaboration with 10 federal agencies, private-sector entities, nonprofits, and philanthropic organizations, seeks to provide researchers and diverse communities with comprehensive access to high-level computing, data resources, AI models, and software. The overarching goal is to accelerate AI research, drive innovation, and enhance the country's global competitiveness in the rapidly evolving field of artificial intelligence.
At the heart of this initiative is the vision of creating a national research infrastructure that empowers researchers and communities across the U.S. The commitment of $30 million from NVIDIA ( NASDAQ:NVDA ) is a pivotal factor in expanding the scale of the pilot, fostering potential breakthroughs, and catalyzing momentum towards full-scale implementation.
The NAIRR pilot's primary objectives are to support fundamental AI research, promote domain-specific research applications, and extend access to AI innovation to communities currently underserved by the AI ecosystem. This includes smaller institutions, rural areas, and institutions serving underrepresented populations that may lack the resources to independently build their computing or data infrastructure.
NVIDIA's ( NASDAQ:NVDA ) collaboration with scientific centers goes beyond financial contributions. By scaling up educational and workforce training programs, the initiative aims to enhance AI literacy and skill development across the scientific community. The partnership also facilitates insights from researchers using NVIDIA's platform, contributing to the refinement and enhancement of the company's technology for scientific applications.
The comprehensive support from government partners, including the NSF, U.S. Department of Agriculture, U.S. Department of Energy, and others, underscores a unified approach towards advancing AI research. The NAIRR pilot builds on the U.S.'s rich history of leading large-scale scientific endeavors, mirroring the creation of the internet, which played a pivotal role in advancing AI.
The initiative aligns with President Biden's Executive Order 14110, signed in October 2023, directing the NSF to launch the NAIRR pilot within 90 days. By providing access to advanced computing, datasets, models, software, training, and user support, the NAIRR pilot aims to democratize access to AI innovation and pave the way for future investments in trustworthy AI development.
As the U.S. takes a significant step towards establishing itself at the forefront of global AI advancements, the NAIRR pilot promises to drive innovations across sectors, from healthcare to environmental science. This visionary collaboration between NVIDIA ( NASDAQ:NVDA ) and the U.S. National Science Foundation sets the stage for a new era in AI research, with the potential to shape the future of technology and innovation.
BFRG AI penny stock ready to SHORTI have been in BFRG since the November earnings it has done 300% over that time almost all
of it in one week. There are no options on this one. The RSI indicator tells me that it is now
overextended and overbought. This is confirmed by a reversal signal triggering on this
60-minute chart with a mass index indicator below it. The topping candles with long wicks
is another hint of the price action underway. I am closing my long position over 300%
gain and instead look for a short with the profits to retrace from present price to
to the 0.382 Fib retracement at about 5.65. Stop loss above the wicks at 7.7. I expect the trade
to last this week and part of next.
NVIDIA ($NVDA): Riding the AI Wave to New Heights
NVIDIA Corporation ( NASDAQ:NVDA ) is on the cusp of a historic moment, with its stock hitting an all-time high and poised to become the fourth-largest company by market capitalization. The company's recent surge is fueled by groundbreaking developments in artificial intelligence (AI) and graphics processing units (GPUs), propelling NVDA into new frontiers. We delve into the factors driving NVDA's success, the competitive landscape, and whether now is the right time for investors to buy into this tech giant.
The AI Revolution:
NVIDIA ( NASDAQ:NVDA ) has long been at the forefront of innovation, pioneering graphics processors that revolutionized computer gaming. The company's GPUs have expanded beyond gaming, finding applications in healthcare, automobiles, and robotics. In a game-changing move, NVIDIA's AI-capable supercomputer played a pivotal role in the advancement of generative AI, exemplified by OpenAI's ChatGPT. This "iPhone moment of AI" not only reshaped the industry but also marked a turning point for NVIDIA's financial performance.
Stellar Financial Performance:
NASDAQ:NVDA 's 2023 rally of 239% and its recent all-time high of 553.46 underscore its exceptional financial performance. Despite a brief dip after its third-quarter earnings report, where profits exceeded expectations at $4.02 per share on sales of $18.12 billion, NASDAQ:NVDA has continued its upward trajectory. The company's data-center sales, a key driver of growth, surged 279% to a record $14.51 billion, showcasing the insatiable demand for NVIDIA's advanced technologies.
Competitive Landscape:
While NVIDIA has maintained its trailblazing status, competitors are catching up. Advanced Micro Devices (AMD) launched a new AI chip in December, intensifying the competition in this rapidly evolving space. However, NVIDIA's extensive product portfolio and established market presence position it as a formidable player. The question for investors is whether the company can sustain its lead and fend off competitors eyeing a slice of the burgeoning AI chip market.
Analyst Projections:
Analysts project robust growth for NASDAQ:NVDA , with an estimated 236% increase in per-share earnings to $11.22 for fiscal 2024. Despite concerns about profit growth decelerating to 67% in fiscal 2025, the overall outlook remains positive. Bank of America analyst Vivek Arya and Bernstein analyst Stacy Rasgon both hold a bullish perspective, with a price target of $700, suggesting that there is untapped potential in NVIDIA's stock.
Investor Considerations:
While NASDAQ:NVDA 's technical outlook is favorable, with the stock trading near the top of its 52-week range and above its 200-day simple moving average, caution is warranted.
Future Prospects:
The global AI chip market is projected to grow significantly, reaching $67.1 billion in 2024 and doubling to $119 billion by 2027. NASDAQ:NVDA is well-positioned to capitalize on this growth, given its track record of innovation and market dominance. However, investors should monitor the competitive landscape and consider the potential impact of emerging technologies on NVDA's market share.
Conclusion:
NVIDIA's journey to becoming the fourth-largest company by market capitalization is a testament to its pioneering spirit and technological prowess. While challenges loom on the horizon, the company's strong financial performance, coupled with optimistic analyst projections, paints a compelling picture for investors.
As NASDAQ:NVDA continues to ride the AI wave, the question remains: is now the opportune moment to invest in this tech giant? Only time will reveal whether NVIDIA's ascent is a sustained trajectory or a momentary surge in the ever-evolving landscape of technology stocks.
Top 10 AI Stocks to Trade and add to Trading View WatchlistAI is definitely one of the key words for the century.
And yes, I believe these are great companies to add to our watchlist to trade. ANd Trading View has all of the companies to analyse their movements. .
We could even see AI companies being some of the safe-haven stocks to invest in 2024…
Here are my top 10 companies that are incorporating AI into their businesses and ones I'm trading lately.
1. Microsoft (MSFT):
Develops, licenses, and supports software, services, devices, and solutions.
2. Advanced Micro Devices (AMD):
Designs and sells computer processors and related technologies.
3. NVIDIA (NVDA):
It designs graphics processing units (GPUs) for gaming and professional markets.
4. Palo Alto Networks (PANW):
Offers cybersecurity solutions and firewall technology.
5. Customer Relationship Management (CRM):
This is a strategy that companies use to manage interactions with customers and potential customers.
6. Meta Platforms - formerly Facebook – (META):
Operates social media and virtual reality platforms (e.g., Facebook, Instagram, WhatsApp, Oculus)
Note: Oculus 3 Headset is coming out next year and it’s going to include and introduce Augmented Reality to the world.
7. Palantir Technologies (PLTR):
Develops data analysis software and provides data integration and analytics platforms.
8. Adobe Inc. (ADBE):
Creates software products for content creation, multimedia, and marketing.
9. Apple Inc. (AAPL):
Designs and markets consumer electronics, computer software, Virtual Reality and online services.
10. Micron Technology (MU):
Micron Tech. inc. designs, develops, manufactures, and sells memory and storage products worldwide
I have an entire watchlist just saying AI STOCKS...
There isn't an Index yet, so I'm watching them and trading accordingly.
NVDA, AI MARKET Volatility-DRIVER, Prospects and Considerations!Hello There!
Welcome to my analysis about NVIDIA on several timeframe perspectives. The fourth industrial evulotion is accelerating massively with many stocks adopting the AI technology and others, the ones that are still operating on old economy level and do not adopt the new technology seems to depreciate and do not move forward with the rally similar as it has been seen within the dot-com bubble where 90% of the stocks within the market have been burned and did not recovered. Now, a major question is if NVDIDIA is catching the same fate and if it is ripe for a huge bearish bubble burst or it continues to print solid continuations and upside potential as it made within the recent times.
In this case the main AI Stock Index is a important indication as well as the fact that NVIDIA is continuing with the trend dynamics here. Especially as NVIDIA already moved faster and approached the all-time-high it has room for further continuations similar as it is within the wave developing within the AI Stock Index. This means that NVIDIA is having the target-zones within the upper boundary of the channel at around 1000. Once these have been reached it could turn out to be a major bearish distribution zone if the market changes and interest rates climb to higher levels. Therefore it will be important how and if NVIDIA shows up with bearish momentum because this is going to alter the dynamics.
In this manner, thank you everybody for watching, support is greatly appreciated, all the best!
VP
U Unity is now recovering from a paradoxicalearnings beat of 189% selloff. On the 4H chart the trend down has reversed
and the ZL MACD is confirmatory. Price has bounced off the lower Bollinger
bands as confirmed by the BB Oscillator. I will take a long trade here targeting
the 0.5 fib level in a retracement of the trend down ( 39.95) with the stop loss
at the pivot low of the Friday morning open. U could easily bounce back up to
its per-earnings trading range in the upcoming week. ( See also PANW)