YOU : POSITION TRADEClear Secure: Talk About A Bullish Economic Moat
• Clear Secure is capturing strong demand for its identity verification platform as a service to save time at security checkpoints.
• Partnerships with airports, airlines and even the Transportation Security Administration highlight competitive advantages to drive growth.
• An outlook for accelerating earnings can send the stock higher.
• Looking for a helping hand in the market? Members of Conviction Dossier get exclusive ideas and guidance to navigate any climate.
Clear Secure, Inc. (NYSE:YOU) offers a secure identity verification platform. If you've recently traveled through one of 46 major airports, you'll likely have seen the "Clear" checkpoints as a separate lane in the security process. Clear Pass focuses on the ID verification side of the airport screening process. The other step is the actual security area where travelers and carry-on luggage are checked for contraband.
With the company's history going back more than a decade, the game changer now is a belief that the operation has finally reached a critical mass with enough locations where the service can make sense to a wide range of travelers. This concept is related to the network effect where the value of the service grows as its user base expands.
Furthermore, the platform is being utilized in other applications where security screening is a requirement and there is room to capture efficiencies in the process. Members of Clear Plus also have the option to use the features at entertainment venues and stadiums where a security line often forms.
Clear also offers a Health Pass which gained prominence during the pandemic with validation of COVID testing results and digitization of vaccine status that many types of business in certain areas embrace. Notably, this feature now integrates with Apple Inc.'s (AAPL) "Health App".
YOU Key Metrics
YOU released its Q3 earnings in mid-November with EPS of $0.05, which beat estimates by $0.05 as consensus was looking for a flat result. Revenue of $116 million climbed by 72% year-over-year, with the strength largely driven by the recovery of the airline industry compared to pandemic disruptions at the start of 2021. Management notes success with in-airport and various partner channels driving memberships captured in a climbing number of bookings along with retention of customers.
On the financial side, keep in mind that there was a GAAP loss of -$65.6 million although this mostly reflected share-based compensation and the timing of the vesting from previously issued warrants. More favorably, the underlying shift towards profitability is evidenced by the adjusted EBITDA measure which reached $11.9 million compared to negative -$14.5 million in the period last year. The company also reported a positive free cash flow of $5.3 million.
The expectation is that earnings will maintain this more positive momentum going forward. For Q4, management is guiding for revenue of around $124 million, implying a growth rate of 54% compared to Q4 2021, and up 7% on a quarter-over-quarter basis.
Finally, we can mention Clear Secure maintains a solid balance sheet, ending the quarter with $700 million in cash and cash equivalents against effectively zero long-term financial debt. The position is strong enough that the Board of Directors declared a special $0.25 dividend which was paid in December.
Are There Risks?
The key for the company will be to maintain the pace of signups for new members while finding success in international markets. Longer-term, Clear Secure will need to become the global standard for secure identity verification not just in travel, but also leisure, and other industries with a visible presence in more and more countries as part of the bullish case.
The other side to the discussion would be the risk that growth simply begins to disappoint while the expected earnings fail to materialize. One concern is that the company may have already captured the "low-hanging fruit" of hard-core heavy business travelers where the Clear Pass makes the most sense, at least from the U.S. market. By this measure, doubling the number of cumulative platform users from here will be more difficult.
There is also an argument that if "everyone" is using Clear/TSA PreCheck, it begins to defeat the purpose of a priority security lane membership. It's not there yet but could become a problem at certain airports if the platform is too successful. Going further, a skeptic would also point to the regulatory risks where the service no longer becomes viable based on changing laws in the future or even in a scenario of a headline-making failure in the system that would undermine confidence in the company's security protocol.
Read more on :
seekingalpha.com
Dan Victor, CFA, Seeking Alpha, Jan. 05, 2023 3:19 PM ET
Fibonaccianalysis
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on the 4-hour time frame. As you can see, the price is moving above the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1604, if the support is broken then the next support is $1578, $1560 and $1540.
Now let's move to the resistance line, as you can see the first resistance is $1627, if you manage to break it, the next resistance will be $1648, $1674 and $1751.
Looking at the CHOP indicator, we see that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI indicates an uptrend and the upper part of the range.
Cardano Bullish BreakoutHey Trader!
This analysis is based on an Ascending Triangle. Since the price of Cardano has been moving in a bull market lately, it is not uncommon to see a formation like an Ascending Triangle that will have a bullish breakout. Below the price and the triangle are two notable support levels which have a major impact on Cardano's buying power. These two support levels are located at 0.3295 , & 0.2657 . Based on the recent price action, Fibonacci indicates a target at 0.5562 which can be reached as a result of a potential bullish outbreak from the triangle. In addition, Cardano's market price has crossed the 50-day moving average which in itself indicates a buy recommendation (the 50-day moving average is visualized by the grey line).
I hope this analysis was instructive and can be used for future consideration of Cardano's situation and the potential that can be exploited.
SP500 Initial Weekly Analysis SP500 is showing some clean price action compared to US30. An area of confluence can be seen at the Fibonacci 50% retracement level. If this bias holds, then we could see the SP500 create new highs in the upcoming weeks. Currently, we do have some higher timeframe candles showing a consolidated area that will eventually brake. Let's keep track of this one and update as needed.
ALGO - Fib Time & Space Predictions using the Power of PyramidsALGO - Fib Time & Space Predictions using the Power of Pyramids
the length of each segment of the blue rektangles is equal to the time price spent inside of the price range of the pyramid (diamond)
so using pyramids give us knowledge about time AND space
that lower triangle caught my eye a while back and i had to leave it on there
interestingly it lines up well with the fib spiral
the angle of the center line of the pyramid tells us about the ratio of the blue rektangles
the golden ratio
and eureka!
the yellow lines are the fib time tool
the coordinates being the time price spent in the range of the pyramid
exactly matching my blue rektangles
Let's watch how this goes
Cardano Ascending Triangle formationHey Trader!
This analysis is based on the Ascending Triangle concept, which is formed by the price of Cardano. In the analysis two support levels are visualized; Strong support at 0.2983 - 0.3290 , allocating back to mid-December, and the support level at 0.3632 . As the drawn triangle shows, the price follows bullish also called an "Ascending Triangle". This triangle combined with the Fibonacci tool can create a true picture of how the price of Cardano may land at the target at 0.5178 .
I hope this analysis helped to give an instructive picture of Cardano's evolution and can be taken into consideration for the current situation as well as the future.
FTM / USDT 1D Interval - Support and ResistanceHello everyone, I invite you to review the FTM chart in pair to USDT, on a one-day interval. We will start by marking the downtrend line that the price has broken up. Next, we can define the lines of the current uptrend.
Now let's move on to marking the support that we should take into account after such dynamic increases. And here we have the first support at the price of $0.42, the second support at the price of $0.37, then we can mark a strong support zone to which the price may move back from $0.33 to $0.29, and then support at the price of $0.24.
Looking the other way, we can see that we are currently facing a very strong resistance at $0.52, but when we manage to overcome it and positively test it, we can see an increase to around $0.74.
It is worth paying attention to the EMA Cross 50 and 200, because we see that the 50 marked on the chart with the yellow line dynamically turns upwards and when it crosses the 200 marked with the blue line, we can see a bullish uptrend.
The Chop Index indicates that we are slowly regaining energy, the MACD indicates an ongoing uptrend, while the RSI has a slight rebound, but is still moving above the upper range, which may lead to a price correction.
Daily review of ETH interval 4HNow let's move on to the chart of ETH against USDT, also on a four-hour time frame. And here we can start by identifying with the yellow lines the triangle in which the price is moving.
Going further, we see that we have the first support at $1602, the second support at $1579, the third at $1560, the fourth at $1540 and the fifth at $1514.
Looking the other way, we can also identify places where the price may encounter resistance. And here we have the first resistance at $1613, the second resistance at $1628, the third at $1648 and the fourth at $1675.
As we can see, EMA Cros indicated entering a local downtrend, but now it should be observed whether EMA Cross red 10 will cross the green line from below, which may be a confirmation of entering a local uptrend.
The CHOP index indicates that we have more and more energy for the next move, the MACD indicates entering a local uptrend, while the RSI has changed the direction of the trend to an upward one.
Daily review of BTC interval 4HHello everyone, I invite you to the Friday cryptocurrency review. Let's start by checking the situation on BTC in pair to USDT on a four-hour interval. First of all, it is worth marking the uptrend channel in which the price is moving, while locally we are moving under the downtrend line.
Now let's move on to determining the support places for the price and here, using the trend based fib extension tool, we can mark the first support at $ 22,750, if it is broken, we have the second support at $ 22,078, and the third at $ 20,989.
Looking the other way, in a similar way, we can identify resistance points for the price, and as you can see, the first resistance is at $22995, at which the price turns around when we break it, the second resistance will appear at $23,438, the third strong resistance at $23,782 and fourth at $24,126.
Let's also pay attention to the CHOP index, which indicates energy depletion, the MACD indicates a local downtrend, while the RSI shows a rebound and a downtrend.
Daily review of ETH interval 4HHello everyone, let's look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving in a triangle and is getting closer to leaving it.
Let's start with the support line and as you can see the first support in the near future is $1562, if the support is broken then the next support is $1542, $1515 and $1480.
Now let's move to the resistance line, as you can see the first resistance is $1583, if you manage to break it, the next resistance will be $1600, $1615 and $1630.
Looking at the CHOP indicator, we see that there is some energy left for further movement, the MACD indicates entering a local downtrend, while the RSI shows a rebound and a downtrend.
Cardano Moving Average crossHey trader!
This analysis is based on a bullish development for Cardano. The analysis uses the EMA Moving Average which indicates that the 50 day moving average (orange line) has just hit the price indicating a current good buying opportunity for Cardano now. With some support levels at 0.2437, 0.3292 , & 0.3637 providing a good safety net where price can potentially pick up support. In addition, the fibonacci indicates that the price can reach the new target at 0.4997 which will give a nice return of 23.93% .
I hope this analysis was instructive and that it can be taken into account in future considerations about Cardano.
Fibonacci Retracement on GoldOANDA:XAUUSD
Fibonacci Retracement drawn on OANDA:XAUUSD indicates that bullish pattern is intact. This rally is expected to take correction around 2075; 150 dollars is yet to be seen.
Bullish Points :
1. HHs and HLs continue
2. Cup formation
3. Triple Bottom formation
Bearish Points :
1. RSI may cool off forcing it to take correction; but HLs are observed in previous weeks
Cardano bullish triangleHey trader!
This analysis reviews a bullish breakout for the price of Cardano. Cardano has recently experienced a bearish trend since the all-time high at 3.1059 . However, a triangle formation has emerged which may indicate that the price will rise despite the recent move. The triangle is pointing a lot upwards and with other tools like Fibonacci it can be estimated that the price has the potential to rise to new highs, potentially to the resistance level at 0.5118 , as there are e.g. there are also some support levels at 0.2436 , 0.3043 , 0.3224 , which makes the price potential for a strong development.
I hope this analysis was instructive and that it can be used for further consideration of the direction Cardano should take in the future.
LTCUSDT 4H Interval - Resistance and SupportLast in today's chart, we have the LTC chart against USDT, on a four-hour time frame. Let's start by marking the uptrend channel with blue lines, as you can see, the price is leaving the channel down for the second time.
Now let's move on to determining the support and as you can see we have the first support at the price of $85.64, the second at the price of $80.84, the third at the price of $77.11 and the fourth at the price of $73.29.
Looking the other way, we can mark the resistance areas in the same way, but first, it is worth marking the strong resistance zone from $ 90.35 to $ 93.29, only when the price breaks it will go towards the resistance at $ 98.10, and then $ 105.84.
As we can see, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downtrend, while the RSI is moving in the middle of the range.
Cardano Fibonacci target 0.4271Hey trader!
This analysis takes focuses on a bullish trend with some support levels which can influence the price further. As there are some support levels below the price at 0.3400 , 0.3047 , & 0.2438 respectively, there is a stretch trend for a bullish development in the price. However, it should also be mentioned that some strong resistance levels ( 0.5117 , & 0.2417 ) can hold back the price and this is also reflected in the Fibonacci target price at 0.4271 . It can therefore be concluded that Cardano has strong potential to reach the previous resistance level ( 0.4217 ) and create a good return of potentially 22.47% for the speculative investor.
I hope this analysis was instructive and that it can be used in considering whether Cardano will continue its imposed bullish trend.
A Cautious Trend Continuation Idea Bullish Indications
• As per DOW’s theory Price action is registering Higher Highs and Higher Lows.
• Candle Stick pattern show Inverted Hammer is followed by Bullish Engulfing candle which indicates Bulls are in control.
• Support zone is at 1.23386 which can help price bounce up to continue bullish trend.
• Linear Regression Channel with standard deviation 2 is used as trend line Support and Resistance. It is evident Price has respected
median line and moved back up.
• Support Zone confluences with Fib Level 78.6% and price has respected it.
• Formation of Bullish Pennant , which indicates continuation of current trend.
• As per Seasonal Analysis, BXY remain Bullish until closing of 2nd week of January 2023 with an increment of
2.35% from December 2022. It is
safe to say it can sustain to close bullish for January Month.
• On the other hand, as per last 10 years seasonal BXY remain slightly bearish in January month.
• Macro Analysis on 1 Day Time-Frame trend is Bullish.
• Micro analysis on 15 Minutes Time-Frame Trend remains Bullish.
• Hidden Bullish Divergence spotted on RSI oscillator.
• Average Directional Index , which measures the trend direction strength and its value is at 31.96 which indicates trend is strong.
Bearish Indications
• Price action is approaching Resistance zone at 1.24103 which can bounce back.
• DXY index analysis shows it to be testing a major support area which can provide a cushion for a bounce back which can result in trend
reversal upon confirmation.
• AB=CD Harmonic Pattern indicates a reversal in trend is possible in area of 1.24526. But we can be only sure of reversal of trend if DOW’s
theory is valid for the trend.
• 10 years Seasonal analysis of DXY show it remain Bullish in January.
• BXY index analysis shows it to be approaching a major resistance zone which can bounce back the trend.
Analysis Takeaways:
As per facts available to us and projections we can assume that it is quite possible that trend will continue to be bullish with a short-term bounce back from resistance area and again will continue as biased. However, we can’t reject the possibility of trend reversal into a bearish trend as per market sentiments so we need to be cautious and safely take what we can until that happens.
Bias : Long
Plan (Long)
Entry Long: 1.23677 (Fib Lvl 88.6%)
TP: 1.24543 (Fib Lvl 100%)
TP2 : 1.25936 (Fib Lvl 1.27%)
Stop Loss: 123.066 (Fib level of 78.6%)
Risk/Reward: 1:3.94
Manage your Risk Accordingly and Remember Stop Loss is your friend.
If this post was useful to you, do not forget to like and comment.
SOLANA 30$ CONFIRMED Recently, we've been seeing a lot of bull move on solana. From $9 - $13 and it is presently trading at $25. According to my analysis using key Fibonacci levels of 0, 0.23, 0.618 and 1.0. Solana has consolidated from this levels. Initially Solana was to experience strong price consolidation at 19$ level but the bull rally was much more stronger which eventually made Solana drop extensively from 25$ to 20$ level by mitigating the previous $19 level and 0.618 Fibonacci. This has made more confirmation after Solana pull back up and broke the 25$ level recently and having proper consolidation as expected. So now we are targeting 30$ at this moment at 1.618 Fibonacci level.
I'm buying Solana at this present $25 level. Let me see what you suggest from the comment below 🙂
XAU/USD = SILVER SHORT | RR: 3 + RR: 9In today's post, we go into a potential SHORT in XAU/USD = SILVER,
which will have to prove itself in the next few hours.
To give you a brief overview of the symbols used in the chart, I have included a labeled version of the chart.
DIRECTION
RISK TO REWARD = 3.16
RISK TO REWARD = 8.82
CAUTION
Before you enter the SHORT, pay attention to the smaller time frames, how they react to the drawn levels.
> If there is no desired reaction on the smaller time frames, then you have to wait and see.
> Additionally, watch the DXY and GOLD for how the two pairs behave. If the DXY continues to sell off as expected, the SHORT idea is unnecessary.
> Feel free to share in the comments, about the implications of this week's dates.
> Sharing your perspective allows each of us to improve.
If this explanation has added value to you, I would be very happy to receive a rating. Thank you and happy trading!
ZIEL IST DIE AUTARKIE | THE GOAL IS SELF-SUFFICIENCY
ADA/USDT 1D INTERVAL - resistance and supportHello everyone, I invite you to review the ADA chart in pair to USDT on a one-day interval. Let's start by marking the downtrend line that the price is currently trying to break, while locally we can mark the uptrend.
Now let's look at where the price will meet resistance on further increases, once we cross the downtrend lines, we can see resistance at $0.41, second resistance at $0.47, third at $0.52 and fourth at $0.59.
Looking the other way, in the same way we can mark places that will support the ADA in the event of a larger price correction. And here we will start by marking the support zone from $0.35 to $0.33, if the price falls below the second zone is from $0.31 to $0.30, while the third support zone is from $0.27 to $0.24.
It is worth looking at the EMA Cross 10 and 30, which indicate the place of entry into an uptrend and confirmation of staying in this trend.
The CHOP index indicates that we have more and more energy for the upcoming move, the MACD confirms the upward trend, while the RSI, despite the correction, has returned above the upper limits of the range, so be careful before a possible correction.
BNB / USDT 1D INTERVAL, Support and ResistanceHello everyone, welcome to the BNB to USDT chart review on a four-hour time frame. We will start by drawing the downtrend line that the price has broken above, then we can mark the local uptrend line with the yellow line.
Now let's move on to determine the support that the price has in case of declines, and here we can see that the first support is at $292.2, when the support is broken, the next support is at $278.4, the third support is at $267.5, then we have a strong support zone from $256 to $240.
Looking the other way, it is worth checking what resistances the BNB price has to overcome on its way, and in this situation we see that the price is struggling to break the first resistance at $307.5, when it breaks it we have resistance at $331.4, and then $361.8.
It is worth looking at the EMA Cross 10 and 30, because we can see that for a while we could see a change in the trend, but we quickly returned to the uptrend.
The CHOP index indicates that we have a lot of energy for the next move, the MACD indicates a local uptrend, while the RSI, after a correction, returned to the upper part of the range.