Analyst
High Traffic Pivots on CASI ChartCASI saw a nice bump in after-hours trading Friday. Shares hit $1.88. Can the Oppenheimer analyst rating be enough of a catalyst to carry through this momentum into the week ahead is the biggest question. Great volume on Friday but is it all for nothing?
"What had sparked some excitement came in light of new analyst activity. Oppenheimer analyst Leland Gershell initiated coverage on CASI. The analyst gave it an Outperform rating and announced a price target of $5. That represents a 182% premium to Friday’s closing price for CASI stock."
Original Quote Source: 5 Biotech Penny Stocks To Watch With Recent & Upcoming Events
Current Wave Long: $GBXRight now looking at a long entry for GBX which has an estimated 18000 employees, and currently an undervalued market cap in my opinion (compared to its revenue), I would say it is a great value stock to get. Also Zack's rank seems to be bullish as well. I think the long term potential of this stock is decent. That being said, invest at your own risk and do your own due diligence. Consider everything I say as if it is on an opinion based basis.
EUR/USD - SWING - 19. AUGU. 2020 🇪🇺🇺🇸Hello Traders Welcome Back.
***
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
***
Please consider to put a like to my idea for supporting me & subscribe for more ideas.
ABC has scored analyst upgrades heading into JulyFinally, coronavirus vaccines and treatments should serve as a tailwind for the health care industry as a whole. Hardy is projecting mid-single-digit earnings growth over the long term, including 9% earnings per share growth in fiscal 2020. CFRA has a "strong-buy" rating and a $109 price target for ABC stock.
COCOA FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)-The market is in a critical position. a front of a very important support
of (2412)
-For now there is a big probablity that the market
can return tested (2374)
-But if ever it break the resistance with power
the market will go to (2465)
$FTNT: Next Short Target is $120First off, please don't take anything I say seriously or as financial advice. As always this is on opinion basis. That being said, let me get into a few points. Looking at past correlations and their date ranges, plus the current neutral views on FTNT ratings and the fact that earnings are expected to grow for the call in 3 days, I expect a short target of at least $120 for a quick profit to be quite reasonable with manage-ably low risk.
GENPACT: $38.10 Short Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. Genpact, history-wise been quite strong of a steady growth stock. It recently had a bearish run, but looks like current analyst are giving it buy signals over the resistance. This is why I am expecting it to soon pass the $38.10 price threshold.
NASDAQ 100 E-MINI FUTURESI predict that the market will try to go test the 1048 we will have some resistance around 9060/9664 who is totally normal and we will take 8500 as a support
EURAUD shortGOOD DAY TRADERS. First off please do me huge favor and run up Sharing Profit on Youtube.com and show some love! @
www.youtube.com ... a LOT more educational videos will be uploaded real soon.
KEY KEY levels, we pushed hundreds and thousands of pips these last few weeks and I believe EA was pushing exactly for 1.82809 just to drop right back down, but we will see.
Already in short personally.
Please let me know in the comment section below if you have any questions, tips or suggestions! -CO
VIX macro signal I follow a CFA from Charles Schwab, who uses this signal to establish negative or positive sentiment. To notice how it worked in the past, I have added the S&P500 trend line.
The idea is as follows:
When the upper Bollinger Band (with a 50 period and 1 standard deviation) on the $VIX turns higher, that is a bearish sign, and when it turns lower, the SPY tends to rally.
-----------
Also, today January 28th, we had a Hindenburg Omen flash.
UBER Technologies -undervalued Technical analysis
DI+ > DI- cross was made on December 16 . Since then, we have stayed above the 50sma.
Since the IPO lock-up (November 6th), OBV has trended upwards on higher highs; RSI is following as well.
Fundamental analysis by MorningStar Analysts
On Dec. 24 Uber announced: Travis Kalanick, Uber's co-founder, will no longer be on the board of the company at the start of 2020.
Kalanick has sold nearly 95% of his holdings in Uber since the firm’s IPO lockup expired on Nov. 6. In comparison, Uber’s other co-founder, Garrett Camp, has sold only around 12% of his Uber stock.
Kalanick being pushed out could benefit the stock in two ways :
1. Without the presence of Kalanick on the firm’s board, Uber’s reputation could improve a bit more quickly as Kalanick’s missteps, which included ignoring the company’s culture of sexual misconduct and not addressing accusations of internal racial discrimination, tainted the firm’s name and may have helped Lyft gain market share.
2. Kalanick’s continued sale of his holdings likely pressured the stock since Nov. 6. From then through today, we estimate that Kalanick’s trades on average represented around 7% of the stock’s average daily trading volume. Without such pressure, the stock could trade higher toward the firm’s $45 IPO price and possibly our $58 fair value estimate. Of course, the stock’s performance will be based mainly on the firm’s progress toward GAAP profitability, which we have projected will be in 2024.
Starbucks /technical analysisThe RSI study on SBUX has worked well, as it behaves very closely to the stock price.
A
Uptrend RSI & price
B
Downtrend RSI & price
C
Price consolidation & RSI uptrend
Fundamental
J.P.Morgan raised its rating on the SBUX to "overweight" at $94 FE.
The buyers are pulling GOLD higherPrevious metal Gold on the 4 hours chart has been in an uptrend since 12 November 2019 when it registered the lowest price level of the period under study at 1445.54. Since then, the precious metal has been forming successfully higher tops and higher bottoms. At time of writing, Gold is moving around 1475.21 above the 20-period and 40-period simple moving average respectively.
Additionally, the oscillator analysis indicates positive sentiment for Gold. The 14 period RSI Oscillator (Relative Strength Index) is above the 50 level - a fact that shows that the buyers are control of the market. The 23 period Momentum Oscillator is also above the 100 mark, which illustrates bullish movement in the precious metal.
When attaching the Fibonacci Retracement tool from the top at 1469.14 and dragging it to the bottom at 1462.6, three price targets may be calculated. The first target level is projected at 1473.18 (161.8%), which has been successfully reached. The second target level is estimated at 1479.72 (261.8%). The third target level is forecast at 1490.30 (423.6.8%).
It remains to be seen how much higher the bulls will manage to pull the price of the Gold.
UBER - Don't buy the dip, yet...Analyst earnings review
UBER had third-quarter earning results above the top- and bottom-line S&P Capital IQ consensus expectations.
However, we still expect losses in Uber Eats, along with more aggressive investments in ATG, to delay Uber’s first full-year adjusted EBITDA until 2022.
Analyst target: $58
Uber's IPO lock-up period over!!
Tomorrow November 6th, 2019 . Investors who got in at the IPO, can now start selling their shares.
We could see a potential drop, as it has happened with other IPO's so far.
