Bigtech
NASDAQ INDEX - IXICGood evening?
Signals to sell NASDAQ in general and BigTech shares in particular:
1. Round price of $ 15,000 = resistance.
2. Strong bearish MACD divergence on the weekly chart.
3. Beginning of bearish MACD divergence on slower monthly chart.
4. Bull trap - upward breakout of the resistance of the double top (yellow line).
Therefore, we can expect a Fibonacci correction from 30-50% to the $ 11.5k-10.5k range.
Not a financial recommendation.
GET RICH OR DIE TRYIN.
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.
MSFT long idea!I think that we might see a scenario like this the comming weak/weaks. Big tech is getting strength back and we are in a claer bull trend. My idea is too go long if we bounce of the trend line.
Do not see this as a buy or sell recommendation and always do your own analysis.
Im just shareing my thoughts
// Jakobssons
Nasdaq Broken TrendNot sure if this will be a back-test of that broken channel and "Tech" primarily will see even bigger discounts in the next few days, time will tell. Don't get me wrong, for all the counter-signalling of "High flyers," and "Tech" there are some great companies, even some of the ones with stupidly high PEs, just a matter of when to buy those ones. There are also some excellent value plays, even ones that pay. BST will probably stay in my portfolio forever, and I would look to add to it should available capital and price meet somewhere along the line.
Also not short, but this would have been a great play via derivative, a week ago when it started. Too busy buying however to distract myself with such things.
How to play the market the next days Hello everybody we are currently recording 3 continous down days in the market, as a result of rising bond yields, nevertheless we are somehow near to being oversold and on the RSI and we can see some kind of divergence which gives the idea
to load the boat at 12500 and 12400 to the long side, if 12400 breaks we are gone for good, if really 12400 breaks we possibly could reach 12250 to 12150 in the near term. If we breaks 12750 we can possibly go on to further levels to the north side.
Going long is more likely to result in success as more and more countrys are reopening, generally ease is approaching.
WARNING: This is just a idea to give you some thoughts not a advice where to invest into, always do your own research and decisions before buying anything.
Trading overextension of TSLA: Breakdown distribution channel 🧸Hi guys, here is my setup for shorting NASDAQ:TSLA for next week.
As you can see NASDAQ:TSLA formed distribution channel where is traded several days.After inside bar at 19.1.2021 (on daily chart) bears defended level 861. Today, it seem there is the brakdown of distribution channel and beggining of markdown phase.
There is data for my swingtrade:
------------------------Trade setup ---------------------------
Entry: 831.70
Stop Loss: 846
Profit target: 762
Time stop: 5 days
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If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
How much punishment (esp. >Dec29) cn Big Tech Robinhooders take?Painful underperformance (especially since three days before the new year from Dec 29) vs. the Nasdaq IXIC and the Dow DJI for those previously enamored with the Big Tech counters such as Amazon AMZN, Microsoft MSFT, Facebook FB, Netflix NFLX, and even Apple AAPL; with the possible exception of Alphabet Inc GOOG.
Big Tech go Bigly Big League? #TremendousFNGS the concentration of the bigliest 20 or so tech stocks, minus a couple they're randomly missing. But these are the big boys.
Nice little duplicate arrow there
Nice little dirty head and shoulders
In a good channel right now, volume declining, like it usually does in uptrends with the preceding day big spike in buying volume which we also had.
Closed Friday at the previous big gap down.
Need to at least close that upper gap, probably to the moon though.
#NASDAQ35000HAT
#Tremendous
AAPL Bullish PennantNASDAQ:AAPL has completed a double bottom and made a sharp move up. After consolidating it has begun a bullish pennant. If this pennant breaks to the upside AAPL could move up to 123 and beyond next week. It is important to note that AAPL has a big event next week and earnings are 2 weeks after, these will play a big role in the price action of AAPL. However, I believe that the event is going to be considered a good thing for the share price with announcement of the next generation iPhone. AAPL will need to break the top of the Pennant and 116.83 to shift momentum.