Amplitude: 2021 IPO Comeback Kid $AMPL $COIN $SNOWDoesn't look like there are many buyers for $AMPL, a peer of $COIN $SNOW 2020-2021 IPO cohorts, though business results look promising in the long-term.
I'd say anything above $10 is a good entry for this as a long-term tech stock that can outperform in future cycles.
Amplitude Inc (NASDAQ:AMPL)
The 8 analysts offering 12-month price forecasts for Amplitude Inc have a median target of $17.50, with a high estimate of 20.00 and a low estimate of 15.00 . The median estimate represents a +32.28% increase from the last price of 13.23.
In the chart above, I have 3 bullish scenarios. All 3 are negated if the price drops below $10
As of now, it looks like there's still a lot of post-IPO sell pressure and aside from price defense at $10 late this year, not much new insti investor interest.
"We're so early!" - Famous Last Words
Analytics
OMG what happened to Aussie.Analysts at MUFG Bank, point out that hard landing fears and a hawkish Swiss National Bank (SNB) favor further Swiss franc outperformance. According to them, the Swissy should continue to benefit from the SNB’s desire to dampen upside inflation risks both through faster rate hikes and tolerating a stronger currency.
“The CHF has been the top performing G10 currency so far this month as it has strengthened sharply against both the EUR (+2.2%) and USD (+1.5%). It has regained upward momentum against our equally-weighted basket of other G10 currencies after a period of consolidation at higher levels between July and August. The CHF’s renewed upward has once again coincided with an abrupt hawkish repricing of SNB rate hike expectations similar to in June.”
“Market participants are increasingly confident that the SNB will continue to play catch up with major central banks and deliver a larger 100bps hike in the week ahead (Thurs) to combat upside inflation risks. There are currently 86bps of hikes priced in. The SNB has also become more tolerant of currency strength since their last policy meeting in June as it provides another channel to help dampen upside inflation risks.”
“The CHF appears well positioned to extend its recent advance especially against other high beta G10 currencies.”
PHB/BUSDTBINANCE:PHBBUSD
after I observe a divergence in the Rsi indicator , i predict that Phb gonna hunt the goals that i make in chart .if. it break the yellow trend line
so keep ur eyes in .
ETH - We need range before more riseETH Globally
Still waiting for ETH 2.0, only 1 month left. Dominance is slowly coming into the coin and general trend is stronger than BTC's.
We came to strong resistance and now Accumulating below it
ETH Locally
Since level on daily chart is very strong, we formed a range. If we want to break this, it's better to wait for at least 3-4 days of accumulation, but better a week or more. Big players need to collect position before letting the price go higher
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
4.5R:R Trade Review! (How I did it)Hey Traders,
Today we're going to look into GBPNZD. I took a trade which resulted in a 4.5 risk reward ratio. The beauty of this trade is I called it right here on the tradingview ideas page yesterday. I put up a great British pound/New Zealand Dollar idea, spoke about it and said exactly what I'll be looking for in order for me to enter and we actually had everything deliver.
So today I'm going to be doing a trade review talking about that. I've linked the original trading idea below if you want to have a look at it yourself, or if you potentially want to have a look at some of the other ideas, come over and check out our page. I do put a lot of effort into this and I do appreciate any likes or comments you guys give. As always have a very profitable week and I hope you all have a fantastic weekend.
200 PIP move incoming?Hey Traders,
Looking on the 4H chart for NZD/USD here, we've got a very interesting setup. As you can see we've had three solid bullish moves as marked by the purple rectangles, each supplying a solid demand area. The bottom 4 hour demand area is an area which I believe this price will come back down to and will bounce accordingly. You can see the solid bull run we have had from that area, yes, we did have one of the early candles in that move come back down and test that demand but I want to see full price action come back in and test that. If we do manage to get down to 0.677, I will also be looking to take this long from there.
You can see that we filled supply at the top of the chart, we have just taped in there as outlined by a little blue circle on the wick. Once we taped up in there, we had a solid bearish push indicating there may be some more bearish power coming into play.
While I'm not looking to just enter blindly when we come up to this 4 hour weak supply. I do want to see a solid bounce down on the 1H or 15M chart. As usual, I want to see a trend line break, I want to see some structure breaks, I want to see a solid indication that we are going to head lower from this area before taking the trade. We have some pretty obvious take profit points on the chart. Overall, I'm looking for a 200pip move over the next week. It will be interesting to see how it performs given NZD usually coincides with the AUD and I'm expecting Aussie dollar strength over the future, so keep an eye on this. Let's see how it plays out and I'll keep you updated.
If you have any questions, please ask away in the comments!
ATOM bull run incomingHello everyone
Today I will publick my opinion with Atom in mid-term
News: Evmos will mainnet soon. Which will help a lot of project build in Evmos. It will push ecosystem development on Atom.
TVL in Atom still increasing strongly month by month
Analytics:
In chart 1D. We have see ATOM break trenddown. It have hit $40+ soon
MACD also show for uptrend.
RSI need adjusted adjust before rise again.
We have set a fews order in $28.6 -$27.5
TP: $34 - $40
Stoploss in : $25.9
Good luck everyone
Thanks
CRV / USDT | Awesome Moment to Buy !Hey , guys !
________
Lets check this coin together !
Now it is on the level exactly .
So , we will buy this on 3.9 - 4.1 and will start selling on 4.3 - 5 ; )
______
Add this coin to your watching list ;)
Thanx for your feedback in comments , guys ; )
Text in the comments for full info ...
Have an awesome trading , guys !
Go down!The paper has been pushing above the level for a very long time. The important level is 39.50. Below that a good short is possible.
Upwards does not want to go at all.
On the fundamentals, a decline in the number of new users, a drop in interest from existing users.The company's financials are expected to deteriorate.
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BTCUSDT | ANALYSIS UPDATEHello, guys!
First of all I want to talk about this "insane" fractal which you can see on the chart. Everybody see this fractal and talk about it, i think that market is going to cheat the crowd. It is too obvious now to think that the market is going to $30000 again. We will probably see the Bitcoin price even, but only after the bounce.
The price now is above the 0.5 Fib of the last bullish impulse, it is normal to see the correction even lower to 0.61 Fib ($38300). The long squeeze is possible to this area to make the market fearful. Moreover, the price found the support exactly at the Monthly S1 Pivot, to cheat the crowd and take their stop losses this move is very likely to happen.
Waiting Nzdusdwe have to wait the movements
we are on a bearish trend but this have to follow the channel what market did, so actually the market have to break the support and do a market shift to down a bit. for after do a pullback bullish breaking previous resistance. and after do the real movement (down)
Why buy Palantir before it breaks out
Big data firms are the new social media platforms that see massive revenue growth.
The market needs to come to terms with the possibility that Palantir’s revenues can quintuple until FY 2025.
As the market understands Palantir’s long-term revenue and growth opportunity, the stock will appreciate.
I think this is the next company that needs to be added to the group of FAANG stocks. Big data analytics is big business for NYSE:PLTR as data volumes grow and more analytical capabilities are required to make sense of them. Palantir is set to grow revenues extremely fast over the next five years, and the stock is set to break out.
Their software is mostly used to analyze data and develop solutions to complex problems for businesses and governments that have to manage through tons of data… Palantir's software and predictive analytics capabilities can help predict COVID-19 outbreaks, analyze performance data, fight crime, assist companies with the migration of IT systems, support law enforcement, solve supply chain problems and support effective risk management practices.
One of the biggest entities that collect data are governments. They have endless databases containing information about their citizens, which is also why the government business is an important cornerstone for Palantir to leverage its growth.
Since government contracts are a lucrative source of revenue for Palantir, and the firm collected 56% of its revenues or $610 million from its government customers in FY 2021. In the 1st quarter 2021, Palantir saw its government revenues grow by 76% Y/Y to $208m, and it could crack the $1b annual government revenue threshold by FY 2022.
Besides still not being profitable Palantir's revenues are growing fast and have increased 84% from FY 2018 to FY 2020.
Their own revenue guidance appears to be carefully formulated as the company is still in a phase in which it enjoys revenue growth rates approximating 50%. These rates will normalize with time, but Palantir is set for a golden future.
Revenues could grow from $1.1b in FY 2021 to $5-$6b over the next five years, assuming gradually declining growth rates, which are historically validated.
As times goes by and customers, in both commercial and government area, experience Palantir's software platform, they tend to spend more money, which makes it ultimatly a trend in itself Instead of just signing on new clients and scaling, Palantir clearly has the option to maximize the customer lifetime value by increasing revenues per customer, which it does.
Revenues per customer increased a massive 29% Y/Y to $8.1m in the 1st quarter, which attests to Palantir's strong organic growth capability.
(Source: Palantir)
Potential Risks:
Since profits are still a thing of the future we should rather value them over expected sales than actual net margins. Also because the Plattform itself is so well programmed it will needs less R&D spending.
Another risk for shareholders touches on the subject of dilution. Palantir, as most tech companies, issues a lot of stock for compensation packages, which dilutes shareholders. Palantir's outstanding number of shares increased 80% from FY 2018 to FY 2020 and continued to rise in the 1st quarter 2021.
When the market understands Palantirs full potential and their recurring revenues YaY and that a government focus is a strength, not a weakness. Once the market does that, PLTR should break out and revalue higher.