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DATA - BTC$data had a good run yesterday after 2nd test of fib .0236 turned into break of this level straigt to fib .382. It retraced and tested a support level of 357 two times, if it keeps above that it for 3rd time and move up it could mean another test of fib .382 and maybe even close above. Again depending on btc run and mainly btc.d (but if that bounces alts could look pretty ok for coming days, as what i've read). Maybe slight hidden divergence as well, where price shows higher lows and rsi shows equal lows. Would be nice to see another rally here if it plays out.
Long
by Revolutionist32
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.
PLong
by Sebastian-TradingExpertsEU
looking for bottom buy on MKD for long term equity holdMolecular Data has plenty of insider holdings, as well as institutional, signifying continued faith in the companies future prospects. The institutional shares at ~16% could pose a selling hazard eventually, as MKD doesn't have history of growth, if the company fails to deliver upon expectations. At the same time, such a large number shows obvious interest for a company with such a small market cap. So what appears as a double-edged sword, feels more purely beneficial to me. Nullifying further risk, the institutions hold less than either the public or the insiders respectively- at 18% and 21%. There is not enough data to see recent insider selling and buying, however, Dongliang Chang (Top Key Executive) appears to hold a whopping 13% of shares outstanding. Notably, 57% of the company's stock is held by just 5 entities. Analyst predict 27% growth for the company over the next 1-3 years, but MKD earnings have supposedly been declining 20% a year since listing. Shares have also been diluted by 20% this past year, according to my research. So back we are again to a double-edged sword. MKD does have a PT of $9, listed at $6 in Dec. '19, and is currently trading ~.82c a share. One thing that is certain- in this market there are limitless amounts of overvalued, poorly structured companies' shares available for purchase. And with most all of them getting positive Price Action in this recent bull market, MKD has not received the same amount of attention and has plenty of room to rise. As a small account trader, i own just 50 shares @.85c. This is NOT a recommendation to trade MKD in any manner whatsoever.
MLong
by gt4yjkf89j
#PLTR - Price heading to falling wedge resistance. Good momentumIt is pretty clear that Palantir is not a stock for quick profit. Its CEO also said this. It is not a 100m run, but it is a marathon. In my pinion we are in the middle of a strong rebound, also seen the volumes of the latest trading days. The first target could be the 24$ area, which is the projection of the small falling wedge (in red) , broken with huge volumes n May 11th. Once the price will reach the 24$, it will be significantly above the resistance line of the larger falling wedge (in purple). This means that the rwach of 24$ would mean the breakout f the larger falling wedge, whose target projection will be the 31$ area. This area is very delicate, as it has a big gap both in daily and in the weekly chart. It is true that the gaps are not always to be covered, but I would consider the possibility of it being covered as 99% probable, especially considering that gaps in TF like the weekly are very significant. Once reached the 31$ area.. price has highways in front of it for a strong bull run. Be patient...
PLong
by FrancescoMerlettini
1
The Graph (GRT) Moving Sideways In AccumulationGetting a nice sideways cruise with The Graph (GRT). We've been holding a sturdy support level above $1.00 since February's run up to $2.89. Then we cooled down and hit a low of $1.13 on April 23rd. And since April 23rd it seems like we have a slight bounce back the upside. In between $1.33 - $1.80 seems to be a nice area to scoop up some before we inevitably retest those all time highs. There's some good run up. The fundamentals behind The Graph are very strong. From Coinmarketcap I emphasize "The Graph is working to bring reliable decentralized public infrastructure to the mainstream market." It is projects like these that do well with the narrative of this bull run. It is also an ERC-20 token so it will be very interesting to see how Ethereum's EIP1559 effects the whole ecosystem after July. GRT is a good long term project. Just my opinions and observations. As always much love, peace, health, and wealth.
COINBASE:GRTUSDLong
by peacefuljustin
MDT is still in one of the longest accumulation phases vs BTCUnfortunately there is no easy way to show how MDT is looking like vs BTC except from taking the actual historical chart from Coinmarketcap. I've seen that Binance might start adding history to its coins before they got listed on Binance which is very interesting but might take time for them to add some + many will still be outside Binance. It's a cool move and i've already seen it with SCRT and XRP on tradingview now that Binance owns Coinmarketcap. Long intro, but not much to say on MDT. The chart looks super hot, it is still one of those tokens that is 'low sats' so still considered cheap by newbies. MDTUSDT doesn't look as great as MDTBTC, but I have quite a lot of certainty that eventually it will start going higher and once it breaks its key resistance vs BTC it will just fly. Until then maybe everything corrects, BTC included so it might be better to wait for the reclaim and then go long or go long from lower prices. It is listed on some fairly big exchanges and overall its marketcap is fairly low which mean it could have a fairly big run. charts.cointrader.pro
Long
by BitcoinMacro
1
Streamr (CRYPTO: $DATA) Bullish Uptrend On Massive Volume Streamr is an open source, crowdfunded, decentralized platform for real-time data. At its heart is the Streamr Network, which transports streams of messages from data publishers to subscribers, appearing to the user as a global publish/subscribe messaging service. It is similar in functionality to message queues, enterprise messaging systems, MQTT brokers, Apache Kafka, or pub/sub cloud messaging services. The key features of such systems, including Streamr, are: Publishing messages in order to make them available to subscribers Subscribing to messages in order to process them as they occur Storing messages for later use You can interact with Streamr using the Core user interface, SDKs, or directly via the API. In addition to the Network, the Streamr stack includes a Marketplace for data sharing and monetization, and Canvases for data processing and analytics as part of the Core web app.
HITBTC:DATAUSDLong
by CryptoCurrencyAlerts