Fitbit: an AI and IoT Play - This is the Cheapest it's Gonna GetFitbit's value isn't just in its wearables.
It's in its data and cloud connectivity.
Fitbit's had a good run with its line of functional, stylish activity trackers and health monitors. Customers can choose between classic trackers, a few smart watches, and even smart headphones and weight scales - with a large selection of accessories to mix and match throughout the product line.
But that's only taken Fitbit so far - in the case of its stock price, down massively into the single digits since 2016.
Fitbit's stock has been adrift in the single-digit doldrums for a long time now. But believe it or not. . . This is the cheapest Fitbit is ever going to get.
Why? Because Fitbit is making its foray into its next big space, its next supreme endeavor - health monitoring, big data, electronic medical records, and cloud connectivity.
On 4/30/18 Fitbit announced it is partnering with Google's Cloud Platform to facilitate its entry into the data and I.o.T (Internet of Things) of healthcare. Real-time biometrics, new and innovative application use and creation, population health analysis, and more will form the meat-and-potatoes of Fitbit Health Solutions - Fitbit's initiative to use omnipresent real-time and stored data and analysis to achieve positive health outcomes with mass health monitoring.
Visionaries and forward-thinkers have been talking about the burgeoning field of biometric sensors and health monitoring for a few years now. Fitbit and Google look to be the mainstream facilitators and operators in this new space of healthcare. And we all know humanity's two concurrent life-changing revolutions - AI and blockchain - will be a big part of this.
The technicals are nicely supporting the story. The stock has been in the $5-$6 USD range throughout 2018, and a case could be made for an inverse head-and-shoulders bottom printing since February 2018 to today (though it might be just range noise); but with volume relatively low, we may only just now be at an inflection point - the big moves and big money are probably a little ways out as Fitbit's brand-new endeavors prove themselves throughout the rest of the year and into the next and beyond.
Fitbit could be at a massive discount with huge money to be made longer-term.
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See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
Bigdata
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Will Ethereum (ETH) Take Over Bitcoin's #1 Spot?Will Ethereum (ETH) Take Over Bitcoin's #1 Spot in Crypto Mkt Cap in 2018?
If you've been an active crypto trader/investor over the past couple of months/year it has been hard to ignore the dominance of Ethereum.
Ethereum was one of the top performing coins and quickly became the #2 coin in 2017 however its recent run from early December to today has been very exciting to watch.
Ethereum bottomed out at $555/USD on December 12th, reversed nicely over the next week and a half, and then became range bound to close out 2017.
Its Bullish move to start 2018 has been quite phenomenal as its RSI moved from a level of 6 to 100 within two day! - While Bitcoin, Bitcoin Cash and other Altcoins have widely fluctuated!
----How do traders know when to Buy the Dip in Ethereum or the Sell the Rips?
----How do Investors know how to form a portfolio of Cryptocurrencies if they want to hold for the long term?
What if we told you that Big Data, Artificial Intelligence & Deep learning could be used to create Machine Learning signals that tell you when to buy and sell instead of charting/fundamental analysis?
What if we told you that Cryptocurrency portfolios could be formed that are quantitatively optimized that are structured for the long-term while sensitive to tactical movements of the market?
We are excited for this type of future.
Feel free to check out our profile for how to find out more about a future like this.
$BYOC On Upward Sideways Trend In Anticipation of Filings$BYOC released an unaudited 8-k yesterday in the first of filings to be dropped similar to $ATPT
It is anticipated that the move up past the .03 break will be greater than any and all moves it has made so far once the filings have posted as institutional buying pressure will begin to pour into the stock as many and much greater updates will be released afterwards including acquisitions of 3 Big data companies under the umbrella of the company.
A .03 break is possible this week as the chart shows a slight upward sideways movement.
