BTCUSD—65K Target Hit? What's Next for Weekend Trading?GM crypto bro's, happy weekend! Fear and greed index is back to neutral at 49, and the Stoch RSI is rising out of the oversold area. Today, BTC has pumped as I mentioned in yesterday's market update, with a high probability reaching the 65K target range.
However, this doesn’t mean the risk of a dump is over. Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Finance
(Transcript) NASDAQ: ATPC | Building on the Solar Energy Game Welcome to a new era of opportunity in Malaysia’s renewable energy sector. As the country accelerates its transition to clean energy, solar power stands out as a promising area of growth and investment.
For investors looking for sustainable and profitable ventures, Agape ATP Corporation (NASDAQ: ATPC) offers an exciting entry point into this booming market.
Malaysia's government is driving the adoption of renewable energy with ambitious targets: 31% of energy from renewables by 2025 and 40% by 2035.
Solar power is at the forefront of this transition. Thanks to initiatives like the Large Scale Solar (LSS) programme and the Corporate Green Power Programme (CGPP), solar energy costs have plummeted, becoming 53% cheaper than fossil fuels in recent years.
This shift opens up substantial investment opportunities, especially as demand for sustainable energy sources grows.
Malaysia is also becoming a digital hub in Southeast Asia, with data centres playing a critical role.
These facilities require stable and reliable energy, presenting a unique opportunity for solar power. As data centres continue to expand, their energy needs are aligning with the capabilities of solar energy, especially through virtual power purchase agreements (VPPA).
By integrating solar power into their energy mix, data centres can not only lower their operational costs but also meet their sustainability goals. This makes solar a crucial partner in powering the digital age.
For investors, ATPC represents a strategic opportunity to capitalise on Malaysia's solar boom.
The company’s recent expansion under the LSS4 programme has increased our renewable energy capacity, positioning them as a key player in supplying clean power to industrial clients and data centres.
ATPC’s latest solar developments includes the collaboration with Phoenix Green Energy to drive the development and commercialisation of cutting-edge solar power solutions in Malaysia and expansion into Sabah’s solar farming sector.
This collaboration focuses on advancing a diverse portfolio of solar products, including amorphous thin-film solar panels, which are designed to support various applications, particularly in power production.
As Malaysia pushes forward with its energy transition, the demand for solar solutions will continue to grow. ATPC’s recent projects are already generating returns, with the potential for significant long-term growth as more data centres and industrial clients opt for renewable energy sources.
Now is a great timing to look into ATPC as a long-term yet sustainable investment.
BTCUSD—Bounce Back to 65K Incoming? CPI Data Drives DropGM crypto bro's, fear and greed index is in the fear zone at 32 this morning, with Stoch RSI now sitting in the oversold area.
BTC dropped again this morning, just as I mentioned in yesterday’s update, touching the 59K–58K range. This may have been caused by the higher-than-expected CPI data release. Now, will BTC drop even further? Based on this morning's price action, the probability seems to lean more towards a pump to 65K rather than another drop to 58K.
Keep in mind the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
A2Z Signs Framework Agreement with TrixoTel-Aviv, Israel, October 10, 2024 – A2Z Cust2mate Solutions Corp. ("A2Z") (NASDAQ:AZ)( NASDAQ:AZ )(FRA - WKN:A3CSQ), a global leader in innovative technology solutions, today announced it has signed a framework agreement (“Agreement”) with Trixo (“Trixo”), a leading retail technology integrator providing technology and IT and other services in Mexico and Central America, for in-field installation, deployment, in-store and laboratory support, maintenance, help desk services and warranty fulfillment related to the company’s Cust2Mate smart cart solutions to be rolled out in Mexico and Central America.
Gadi Graus, CEO of A2Z Cust2Mate, stated, “We are seeing increasing interest for our Smart Carts from leading retailers in Mexico and Central America, and are taking steps to prepare for the deployment of our smart carts there. Trixo is a strategic partner and we are delighted to partner with Trixo and their team to help us deploy our smart cart solutions in Mexico and Central America.”
Roberto Campos, Chairman of the Board, of Trixo stated, “As the leading retail technology service company in Central America and Mexico, we are excited to partner with the A2Z Cust2mate group as they bring their game changing platform to leading retailers in the region. With our existing support structure and relationship with those same retailers, we believe we will offer A2Z Cust2mate clients with an unparalleled level of support and service as they roll out Cust2mate smart carts”
(Shared) HTCR is a Compelling Investment Opportunity in NasdaqHeartCore Enterprises, Inc. (HTCR) has positioned itself as a leader in the enterprise software and digital transformation space, making it an intriguing target for investors seeking exposure to innovative technology and growing markets.
Listed on the NASDAQ, HeartCore is headquartered in Tokyo, Japan, and has diversified its business model to provide a range of Software-as-a-Service (SaaS) solutions, data analytics, and digital transformation services, along with a unique consulting service for assisting Japanese companies in listing on U.S. stock exchanges.
Our investment thesis for HTCR is as below.
Dominance in the Japanese CMS Market. HTCR’s Content Management System (CMS) platform has been the top-ranked solution in Japan for nine consecutive years, holding a 15.1% market share according to ITR Corporation. This leadership is a testament to HTCR ability to deliver innovative and reliable solutions, with over 700 Japanese companies using its CMS platform.
Strategic Acquisitions Bolster U.S. Expansion. The previous acquisition of Sigmaways and Sabatini Global has expanded HTCR footprint into the U.S. market, creating new avenues for growth. These acquisitions have allowed the company to integrate advanced AI and software engineering capabilities into its offerings, enhancing its competitiveness and enabling it to penetrate new markets.
Go IPO Business Segment. A unique aspect of HTCR business is its Go IPO service, which helps Japanese companies navigate the process of listing on U.S. stock exchanges. As of 2024, HeartCore has secured 14 clients for its Go IPO services, with four of these successfully completing their listings on Nasdaq (According to a research note by Lighthouse Research) This consulting business has generated substantial revenue, contributing 28% to HTCR’s 2023 revenue. It also offers an opportunity for HeartCore to build strong relationships with companies that may require ongoing digital solutions, fostering long-term partnerships and cross-selling opportunities.
Focus on AI and Digital Transformation. HTCR’s AI software development division, launched in collaboration with its subsidiary Sigmaways, is another promising growth vector. This division focuses on developing AI-based solutions that cater to evolving client needs, such as predictive analytics, robotic process automation (RPA), and enhanced customer engagement strategies.
As the global customer experience management market is projected to grow at a 15.2% CAGR, reaching $47.8 billion by 2032, HeartCore is well-positioned to capitalize on this trend.
Financial Overview. HTCR’s revenue mix has evolved significantly, with its software business now contributing 60% to overall revenue, and the remaining 40% coming from consulting services like Go IPO. Despite challenges in its consulting segment in early 2024, the company is projected to recover in the latter half of the year, driven by gross proceeds from warrant sales and a strong push for new customer acquisitions in its software business.
The company has also shown prudent financial management with a focus on cost efficiency, achieving profitable quarters within its software division. With a clean balance sheet and additional capital inflows expected from ongoing IPO consulting deals, HeartCore is well-positioned to pursue further acquisitions, expand its product offerings, and reinforce its market presence.
Investment Outlook
HTCR offers a compelling investment opportunity for those seeking exposure to a company that is actively growing in the digital transformation space, supported by a diversified revenue model and strategic U.S. expansion. With its market leadership in Japan, robust AI initiatives, and potential for further growth through strategic acquisitions, HeartCore stands poised to deliver value to its shareholders.
The company’s strong customer base, combined with its innovative Go IPO services, makes HTCR a stock worth considering for long-term growth potential amidst the evolving tech landscape.
BTCUSD—Price Action Targeting 58K–59K, Market Turning RedGM crypto bro's, Fear and Greed Index is in the fear zone this morning at 39, with Stoch RSI dropping back into the oversold area.
As I remind you every day, always be cautious of potential dumps. In yesterday’s market update, I expected BTC to visit 65K first, but the market had other plans, dropping to 60K. Now, where’s BTC heading next? Price action suggests a potential visit to the 59K–58K range, around the red zone, with a possible slight reclaim to 61K.
Keep in mind that the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD—Sideways Action with 65K Target, keep Stay Alert GM crypto bro's, the market is moving sideways this morning with the Fear and Greed Index at a neutral 49, and Stoch RSI exiting the oversold zone.
Overall, the target remains the same at 65K, but the risk of a dump still exists. Keep in mind that the market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
A BloomZ Inc. (NASDAQ: BLMZ) Update: Growth, Strategic Alliances
BloomZ Inc. (NASDAQ: BLMZ) , a Japanese audio production and voice actor management company, has been making notable moves in 2024. The company, which went public on NASDAQ in July, has been actively expanding its operations and forming key strategic alliances. Recently, BloomZ reported a significant 39.3% year-on-year increase in its audio production and talent management business, alongside a remarkable 209.8% rise in its internet business.
In terms of strategic growth, BloomZ has entered into several alliances. In September, it announced a business partnership with CrossVision to jointly develop entertainment offerings. This comes alongside a separate collaboration with sonilude Inc., focusing on producing original animation projects, which further underscores BloomZ's commitment to expanding its creative footprint.
However, BloomZ has also faced challenges. The company received a notification from Nasdaq regarding its market value, signalling the need for improved financial performance to meet minimum listing requirements.
Despite these hurdles, the company's proactive growth strategy through partnerships and sector expansion suggests it is aiming to overcome these obstacles and solidify its position in the entertainment industry.
Investors are watching closely to see how BloomZ navigates both its growth potential and financial challenges in the coming months.
BTCUSD Midweek Outlook—Pump to 65K Likely with Small Dump RiskGM crypto bro's, this morning, the Fear and Greed Index is neutral at 49, while the Stoch RSI has started to exit the oversold area.
Yesterday's candle (07/10) touched 64K but dropped back to 62K this morning. What’s next for BTC? Based on price action, there's a high probability for another pump up to 65K. Though a deeper dump is possible, I personally think the pump probability is higher.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
NASDAQ: HTCR | Technical Review 07/10/2024Supported by their strong profit forecast, we are starting to see investors building up position in Heartcore Enterprise Inc. (NASDAQ: HTCR) despite huge profit taking activity was seen in last Friday. Nevertheless, HTCR's share price was strongly supported around its current level, with the expectation to hold around $0.750 for the remaining of the week.
We deem this as a Trading BUY opportunity for those who have not built any position on hand for HTCR.
NASDAQ: ATPC | Technical Review 07/10/2024Support: $1.800
Resistance: $2.000
Agape ATP Corporation (NASDAQ: ATPC) is showing significant support and resilient in the $1.800 level for the past trading weeks. This is likely to be supported by (i) compliance of the company's share price to Nasdaq, (ii) strong exposure in renewable energy sector and (iii) launching of significant revenue generator, ATP2.
BTCUSD Weekend Outlook—Targeting 64K with Potential Drop to 59KGM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 50, while the Stoch RSI is slowly exiting the oversold zone.
Today’s market outlook is similar to yesterday’s, with a target of 64K, though there is still potential for another drop, possibly back to the 59K area.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
$QQQ Longer ViewpointNASDAQ:QQQ is lagging behind AMEX:SPY and has not reclaimed ATH ' yet .'
Looking at the weekly time frame, we can note that NASDAQ:QQQ has been bouncing off the trendline that started back in JAN 2023.
It has touched and bounced off that trendline 3x so far:
-MARCH 2023
-OCTOBER 2023
-AUGUST 2024
Each time it bounced, it ran for approximately 100pts + and took roughly 124 - 140 days before consolidation and/or a correction / retracement / pullback occurred.
From a technical standpoint, NASDAQ:QQQ will attempt at All Time Highs (ATH) at $503.52 again. We have to be conscience of the divergence between AMEX:SPY and $QQQ. AMEX:SPY has already made a new ATH while NASDAQ:QQQ is lagging behind.
If ATH is broken on NASDAQ:QQQ and price move similarly to the last two weekly trendline bounce, then price could reach $528 and some change before possible consolidation and/or a correction / retracement / pullback occurred with a timeline of around mid-December.
Failure to reclaim and/or break ATH can cause NASDAQ:QQQ to return back to the trendline.
This is NOT financial advice but an opinion.
BTCUSD Reclaims 62K with Bullish Signs—Potential to Reach 64KGM crypto bro's, this morning the Fear and Greed Index has increased, moving out of the fear zone and into neutral at 49. Meanwhile, the Stoch RSI is signaling potential upward movement.
BTC has reclaimed the 62K area as I mentioned in yesterday's update, and the bullish price action seen this weekend may increase the probability of BTC reaching the 64K range.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Struggles Amid Fear—Downtrend Continues ?GM crypto bro's, this morning BTC continues its decline, with the Fear and Greed Index now sitting at 41 in the fear zone, and the Stoch RSI still in the oversold area.
Looking at the price action on the H4 timeframe, there’s a small chance BTC could reclaim the 62K area, but the probability of further decline to 59K is higher. With the weekend approaching, we can expect low volume in the market.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTCUSD Approaching Accumulation Zone – Fear Dominates, Oversold GM crypto bro's, this morning the Fear and Greed Index remains in the fear zone, sitting at 37, and the Stoch RSI has entered the oversold area.
The candle close on the 2nd has not managed to break above 62K. However, this doesn’t mean the potential for 69K is off the table. Given the price action and the current Fear and Greed Index, now might be a good time for accumulating more Bitcoin.
The market is dynamic—don’t get FOMO. Always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
A2Z Cust2Mate Solutions Announces New Funding InitiativeA2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) , a retail technology leader, announced a successful capital raise through a direct stock offering. The company agreed to sell over 5.4 million common shares to accredited investors at US$0.75 per share, which is in line with the current market price. This move is expected to provide A2Z with additional funds, which will be used for working capital and overall corporate operations.
One of the standout aspects of this deal is that it does not involve any warrant coverage—an element that many investors tend to look out for as it can potentially dilute their holdings. This shows that A2Z’s management is confident in the company’s current valuation and is prioritising their shareholders' interests.
Furthermore, the funding round was supported by existing shareholders and insiders, indicating their belief in A2Z’s growth trajectory and future success. The funds raised are earmarked for expansion and development efforts, signalling A2Z’s ambitions to scale its operations and enhance its innovative technology solutions on a global level.
This fundraising exercise reflects A2Z's proactive approach to strengthening its financial position without engaging a placement agent, which also demonstrates cost efficiency. The company has secured this capital under favorable terms, which is an encouraging sign for investors and stakeholders alike.
This offering was made under an existing registration statement with the U.S. Securities and Exchange Commission (SEC), ensuring transparency and compliance with regulatory standards. For investors, this signifies a step towards a brighter, more expansive future for A2Z, one backed by solid financial planning and the support of its core shareholders.
As A2Z continues its journey in the tech world, this new funding will be key in driving its growth initiatives, setting the company up for more innovative developments and greater market reach in the near future.
IMPORTANT Macroeconomics: What is the trade balance?IMPORTANT Macroeconomics: What is the trade balance?
The trade balance is an important economic indicator that can have a significant influence on the stock markets.
Here is a simple explanation of this concept and its potential impact:
What is the trade balance?
The trade balance represents the difference between the value of a country's exports and imports over a given period.
In other words:
- If a country exports more than it imports, its trade balance is in surplus (positive).
- If a country imports more than it exports, its trade balance is in deficit (negative).
Impact on the stock markets
The influence of the trade balance on the stock markets can vary depending on whether it is in surplus or deficit:
Trade balance surplus
A trade surplus can generally have a positive impact on the stock markets:
- It indicates strong competitiveness of domestic companies in international markets.
- It can strengthen the value of the national currency, which can attract foreign investors.
-Exporting companies may see their shares increase in value.
Trade deficit
A trade deficit can have a negative impact on stock markets:
-It can indicate a weakness in the domestic economy or a loss of competitiveness.
-It can weaken the domestic currency, which can discourage foreign investors.
-The shares of companies dependent on imports may be negatively affected.
Important nuances
It is crucial to note that the impact of the trade balance on stock markets is not always direct or predictable:
-Overall economic context: Other economic factors can attenuate or amplify the effect of the trade balance.
-Investor perception: The reaction of the markets often depends on how investors interpret the trade balance figures in relation to their expectations.
-Specific sectors: Some sectors may be more affected than others by changes in the trade balance.
In conclusion, although the trade balance is an important indicator, its influence on stock markets must be seen in the broader context of the economy and investor sentiment.
Third Eye View on BloomZ Inc., What’s so Interesting About Them?Lately, there’s been quite a bit of market buzz around BloomZ Inc. (BLMZ), a Japanese-based company specialising in anime and game voice overs. They’re also tapping into the growing VTuber market and have plans to venture into the animation industry, further expanding their scope.
From an investment perspective, BLMZ’s share price has seen a significant jump over the past two months. However, due to the recent market weakness over the war, BLMZ’s share price is affected too.
On the fundamentals side, BloomZ is showing steady improvement in revenue while hovering around borderline profitability. This isn't too surprising, as the company is gradually building its revenue base and diversifying its income streams, positioning itself for future growth.
For gamers, there’s an exciting development: BLMZ will be involved in the audio production for The Legend of Heroes: Kai no Kiseki - Farewell, O Zemuria , which is set to launch on PS4 and PS5. This project is expected to contribute significantly to BLMZ’s revenue in the coming quarters.
The anime and gaming markets are undeniably growth industries with tremendous potential. While BloomZ is still in its early stages, the upside could be huge. Although it’s a bit of a bold comparison, think of Nvidia during its infancy—BLMZ could be on a similar path.
In summary, BloomZ Inc. is definitely a stock to keep an eye on. I’ve personally taken a position, but as always, remember to DYOR when it comes to investing!
BTCUSD October Fear Zone – Is 69K Still on the Horizon?GM crypto bro's, finally BTC corrected to the range I've been reminding you about for days now, dipping as low as 60K, and currently, the price is sitting at 61,163. The Fear and Greed Index has dropped into the fear zone at 42, accompanied by the Stoch RSI entering the oversold area.
What's next for BTC? If today's candle closes above 62K, there's a strong potential for 69K to become the next target. However, if the price fails to close above that range, we might see another drop to 59K.
As I remind you daily, the market is dynamic—don’t get FOMO. Always maintain your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
Helping Businesses Level Up Customer Experience HTCR , or HeartCore Enterprises, is making waves in the tech industry with its focus on customer experience management (CXM) solutions. The company offers software tools that help businesses improve how they interact with their customers, a market that has been growing rapidly due to the increasing emphasis on digital transformation. As more businesses move their operations online, HTCR’s solutions become crucial in helping companies manage customer journeys effectively.
HTCR’s prospects look promising as demand for CXM solutions is expected to surge, particularly in sectors like retail, finance, and healthcare, where personalized customer interactions are becoming more important. Their platform supports everything from improving website user experiences to streamlining communication, helping businesses enhance customer satisfaction and loyalty.
Moreover, HTCR has also been expanding into newer areas like process automation and content management, which further strengthens its market positioning. With the ongoing digital shift and rising demand for improved online engagement, HTCR has strong potential for future growth, making it a tech company to watch closely in the coming years.
ATPC and FORMEDIC Technologies Announce Strategic Collaboration Innovative Collaboration Brings Advanced Respiratory Solutions to a Global Market
KUALA LUMPUR, 1 OCTOBER 2024 – NASDAQ-listed AGAPE ATP Corporation ("ATPC"), is proud to announce a strategic collaboration with FORMEDIC Technologies Sdn. Bhd. (“FORMEDIC Technologies”) to introduce LEGA, an electronic chest percussion device for respiratory care. This partnership marks a major advancement in respiratory health, as the two companies combine their strengths to address the growing demand for advanced respiratory solutions.
LEGA, FORMEDIC’s flagship product, assists patients with chronic obstructive pulmonary diseases (“COPD”), pneumonia, bronchiectasis, and other lung-related conditions by providing critical support for airway clearance and secretion management. LEGA helps to manage secretion drainage and airway clearance, offering much-needed relief to patients both adults and children, facing respiratory difficulties in both hospital and home care settings. This device has already gained significant traction in the medical field, with close to 2,000 units used in major hospitals and rehabilitation centres in Malaysia and globally.
For ATPC, this collaboration brings opportunities in the fast-growing respiratory care market, estimated to reach USD 25.95 billion in 2024, with a strong growth trajectory, estimating it to hit USD 49.84 billion by 2031 . As respiratory diseases continue to rise globally, this partnership positions ATPC to capitalise on the increasing demand for advanced respiratory solutions, as well as diversifying its wellness portfolio with a proven medical device.
Prof Dato' Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC, said, "The partnership allows ATPC to leverage FORMEDIC’s expertise in healthcare technology and clinical applications and research and development capabilities, aligning with ATPC’s long-term vision of building a holistic wellness ecosystem that encompasses both preventive and curative solutions.
This is an opportunity for us to address a critical global health need. With LEGA, we are expanding our operations into healthcare technology, an area with immense growth potential. We look forward to continue delivering value through innovation and strategic diversification, and at the same time, accelerate ATPC’s growth and market reach, enhancing shareholder value.”
Ng Zim Guan, Director of FORMEDIC Technologies, added, "LEGA is the culmination of years of research and clinical trials, and our partnership with ATPC allows us to reach more patients globally. We aim to redefine respiratory care with cutting-edge solutions and LEGA’s non-invasive, electronic chest percussion technology has already proven to be a vital tool in improving respiratory health. Partnering with ATPC allows us to further scale this technology and reach more patients in need."
In addition to improving lung health, the collaboration will focus on continuous R&D efforts to explore innovations and develop solutions to improve patient outcomes. ATPC and FORMEDIC will jointly develop marketing strategies to position LEGA as the leading respiratory care solution, ensuring greater accessibility to hospitals, rehabilitation centres, and home users globally.
DXY H8 - Long SignalDXY H8
There isn't too much to report on here for the likes of the dollar index, we have seen a bullish start to the week so far which was as expected, but we are still very much in the same range which trades between 100.200 price and 101.000 price, we really need to see a break north of this 101 level.
A break of 101.000 price, and subsequent surge towards 101.800 to 102.000 price is the next goal. Good start to the week thus far. Lets see if we can start to see these setups we have been following unfold a little more in our favour!