Drone sales up 68% for RCATRCAT just recently acquired Rotor Riot which is a street drone company. Creating custom drones with upgradable parts and systems. They recently had experience a surge in revenue in the last month and are attributing that to the increased interest towards FPV drones.
Gaming
CZR was a top quarterly gainer. Expect an Uptrend continuationA buy signal is generated. I analyzed 20 stocks in the Casinos/Gaming Industry over the last three months and discovered that 19 of them (94.12%) charted an Uptrend while 1 of them (5.88%) trended down. I found 306 similar cases when CZR's price jumped over 15% within three months. In 190 out of those 306 cases, CZR's price went up during the following month. Based on these historical data, I think the odds of an Uptrend continuation for CZR are 62%.
TSG observation@DiscoDassie asked for view on share
Its an interesting share to be tracking, perhaps the charts will tell us something!
my attempt... I guess similar setup on JSE:ASC
Shade purple zone appears to be a good place to buy long. its basically the area where a breakout of downtrend would occur in near term.
could be more aggressive and buy as soon as possible.
I will buy the rumour!
$SCPL can rise in the next daysContextual immersion trading strategy idea.
SciPlay Corporation develops and publishes digital games on mobile and Web platforms worldwide.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $14,53;
stop-loss — $13,94.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Ahrvo Daily Movers ⬆: Turtle Beach Corp.About Turtle Beach
Turtle Beach Corporation(ticker: HEAR) is an audio technology company. It designs audio products for consumer, commercial, and healthcare markets. The company markets premium headsets for use with personal computers, mobile devices, and video game consoles under the brand Turtle Beach (TurtleBeach.com). Under the brand HyperSound (HyperSound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics, and healthcare. Turtle Beach Corporation, formerly known as Parametric Sound Corporation, is based in Valhalla, New York, and was founded in 1975.
Ahrvo Stock Rankings
Turtle Beach Corporation is one of only sixteen companies (out of over 7,000+ stocks we track) on Ahrvo that ranks above 90 in the AhrvoScore, Growth Score, Momentum Score, and Value Score based on the most recent daily rankings. Turtle Beach has an AhrvoScore (overall score) of 99, which is up 43 points(76%) over the last 3 months. Turtle Beach’s Momentum Score, Value Score, Quality, and Growth Score are 94, 96, 86, and 93, respectively. Over the last 3 months, HEAR’s Momentum Score and Value Value have experienced substantial growth, up 83 points( 754%) and 25 points (35%). While Quality Score is down 1 point to 86 (1%) and Growth is up 3 points to 93 (3%). Relative to competitors, Turtle Beach ranks higher across all stock scores: Ahrvo Score 99 vs. 59, Momentum Score 94 vs. 59, Value Score 96 vs. 52, Quality Score 86 vs. 73, and Growth Score 93 vs. 48. Ahrvo’s proprietary trading signal also indicates that HEAR is a STRONG BUY.
Our Take
Turtle Beach Corporation has been a top performer for quite some time. Since the market bottomed on March 23, 2020, Turtle Beach is up 125%, while the small-cap index (ticker: IWM) is up 31.5% - substantially outperforming. Growth is poised to continue as company fundamentals continue to accelerate. Industry growth is driven by secular trends and strong user demand. According to NPD Group, U.S. retail sales in the Accessories and Game Card category reached an all-time high in April (while other U.S. retail sales tanked 16.4%). U.S. retail sales significantly exceeded the previous high set in April 2018. As a company Turtle Beach’s April sales more than doubled the company’s previous all-time high. Demand for its products remained strong as 8 of the top-10 best-selling headsets YTD are made by Turtle Beach. The wireless gaming headset market is expected to grow at 13% a year through 2024, adding ~$1 billion in market value. During their last earnings call, management upgraded full-year guidance. In addition, the company has no long-term debt. The fact that Turtle Beach’s Momentum Score and Value Score have risen simultaneously, indicates that growth is keeping up with price momentum. Despite strong price action since March, HEAR is only up 21% YTD vs. -13% for the IWM. Valuation remains very cheap with a forward P/E multiple of 7.6x.
-Appo Agbamu, CFA
This material is for informational purposes only. Under no circumstances should any information or materials presented be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments, or other services. Any investment made is at your sole discretion. There are many factors that you must consider when making an investment decision, including, but not limited to, product features, risks, whether or not an investment meets your investment objectives, risk tolerance, and other personalized factors. Investing in securities involves risks, and there is always the potential of losing your entire investment.
Enjin Uptrend breakout ! towards ATH and beyondHi all, an update on previous chart i did for Enjin.
Right now, EnjBTC has broken up. next stop is up.
as spoken,
IF you are a long term investor.. anywhere near nice price is a very good one to get in.
Enj will not stay 100Mil MC for long for this kind of strategic partners they have now. it will be above 2 billion MC (being conservative) or even 50 billion if China market conquered in a bull run
my previous chart analysis:
ENJIN - This is one of the coin that resembles BITCOIN.. This is a long term hold coin.
Partners with the biggest gaming industry..
First utility coin listed by Swiss crypto Bank aside to BTC and ETH!
Enjin is also looking into CHINA markets and China has already certified enjin coin.
Do your own research. this will boom very soon with China market news.
Imagine not buying Tencent Best fundamental long term video game company.
It is already clear Valorant is going to be a huge game, even though it is still in Beta.
If the overall markets werent in limbo with COVID going on this stock would be much higher.
I expect when things recover this company will be a red hot stock...
Overall the chart on the weekly looks to in a great bull trend. I will ride this play out for months to come.
Will probably consider adding over time. Anything under $54 is free money in the long run..
1337 : Razer Inc | Gaming IdeaCompany has decreasing debt, increase revenues, top products and it is situated in the middle of the largest growing industry in the world, Gaming.
For $1.11 HKD, the company is a steal.
Price Action looks nice, looking for a low buy due to higher close and higher high.
NFA - Not Financial Advice
DYOR - Do Your Own Research
BIYS - Believe in YourSelf
ESPT.V On Watch for Downtrend Pattern Breakout (eSports/Gaming)ESPT.V lit up a nice green candle on the daily chart to end the week. Poked its head above the downtrend channel that started on Aug 20th for the first time. The company is one of the early movers in the rapidly growing #eSports sector and is expected to close a revenue-generating acquisition within 1 - 2 weeks, followed by another major acquisition. Both were paid in .30 shares. Currently trading at .225.
Very bullish macro environment. Latest RBC Wealth Management report shows #Gaming #eSports sectors are in the early bull cycle. ESPT.V is one of the better values with $2.3M in revenues last year, $9M mkt cap and 43M float. Catchy ticker name is a bonus. :)
ZNG Weekly Shockwave in Rising Trend 👀Gaming stocks have been on the move since last summer & ZNGA is no exception if the broader market maintains strength we could see this one making new 52 wk highs very soon & longer term having room 2 run if gaming develops along the arc described in the chart above.
Activision - New lows ahead?With equities being enormously stretched to the upside in recent months, it is wise idea start preparing for some short exposure.
One idea, I am looking at is NASDAQ:ATVI $ATVI
After halving in later 2018, during 2019 it is building what looks like a major bear flag. Wave structure, with price near 0.618 level, also suggest that the top might be near and reversal may start relatively soon (probably though we will get gap fill at first).
For entry some support trendlines also need to break first, and I will be watching for this development.
P.S. NASDAQ:EA chart is somewhat similiar $EA
Great Long Term Play for MGPNYSE:MGP
MGM Growth Properties has great potential to outperform the market. I believe that right now is a good pullback price and based on a DCF Valuation it is trading at a discount currently. $MGP is at a 6.57 Div/Yield rate and climbing. On top of the great dividend, it has shown solid Capital Appreciation and I'm looking for continuing growth. On top of this, MGP has solid intrinsic value in purchasing ground leases.