Growth
USDJPY Bullish Ahead of US GDP AnnouncementHi Traders!
USDJPY is in an ascending channel, and there is a bullish outlook on the market.
Here are the details:
After the pullback from the weekly high, the market seems to have found support near the channel support line.
We are now looking for a break and close above the 20 EMA for a confirmation signal to target an exit near the weekly high.
Preferred Direction: Buy
Entry Level: 143.250
Stop Level: 142.271
Target Level: 145.209
Technical Indicators: 20 EMA
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Trade safely and responsibly.
BluetonaFX
ETH Update 20.12.2023 / Uncertainty of the asseth1 Chart:
Here we see the price on the senior tf moving in a descending order flow, but on the junior tf at the moment we see testing the POI in the form of h1 STB and get an exit up.
Now as on BINANCE:BTCUSDT we have formed point of interest for intraday buying in the form of h1 FVG.
Today I expect a move into this zone and there I would look for longs with the purpose of sweeping the PDH If the price does not hold this POI, then for me long positions on this asset will be relevant only after removing SSL liquidity behind the key low!
BTC Update 20.12.2023 / Great POI for Longs!h1 Chart:
Here we can see how the price is successfully moving in an ascending order floo, taking down SSL liquidity and covering all imbalance zones in Long.
Now after yesterday's pullback after momentum, having tested the 4-hour FVG zone, bitcoin has formed a local zone of interest in the form of a 1-hour imbalance and a target to deliver price upwards in the form of a liquidity pool behind the key high!
Today I expect a move to Long via pullback, if the 1h and 4h FVG zones do not hold the price, I was very careful with longs in the near term.
Non-financial advice, always respect the risks and watch the reaction in the zones of interest and only then make your entry into positions!
NAVI - Low-Cap High Potential Play - 50x Potential Long termExtremely undervalued token, I would like it to break the first outlined resistance before allocating capital towards this asset.
This is a high risk play, I wouldn't recommend investing more than you are willing to throw in the trash can, That being said the growth potential is huge at a market cap of just below 2 million USD This easily has the potential to 50X in a bull market scenario.
Here are my Initial Targets / Supports / Resistances
Support Level 1: $.05226
Major Resistance to break: $.07649
Target 1: $.12456
Major Resistance 2: $.25411
Mid Term Target 1 (2 weeks - 2 months) : $.27857
Major Resistance Zone (Chop potential): $.27857 - $.32316
Mid - Longterm Target (2 months - 1 Year) : $.49001
What is Atlas Navi (NAVI)?
Atlas Navi is the first Drive to Earn navigation app that uses A.I. and the smartphone camera to avoid traffic by detecting road conditions, accidents, traffic in each lane, available parking spaces, police vehicles and rerouting drivers to avoid problematic roads.
It features licensed 3D NFT vehicles and a sustainable Drive to Earn mechanism and in-app economy that rewards users for each mile driven.
Atlas Navi has received a $1,200,000 grant from the European Union to develop its technology over the course of 2 years, starting in December 2019.
With over 12 years of transportation software experience, the team and company behind Atlas Navi are among the best in the industry and well positioned to disrupt the navigation app market with A.I. and blockchain technologies.
Atlas Navi is available to download for free on the Apple App Store and Google Play or by going to www.AtlasNavi.com Join over 400,000 drivers already using it to navigate and earn whilst driving.
DLO : Why This AI Data Analytics Platform Is Poised for GrowthDLO stock has been on an upward trajectory in recent months, driven by several positive factors. The company's artificial intelligence (AI)-powered data analytics platform is gaining traction with businesses of all sizes, as it helps them to gain insights from their data that they would not be able to get with traditional methods. Additionally, DLO's strong financial performance is making it an attractive investment opportunity for many investors.
Key Data Analytics Trends Favoring DLO
There are several key data analytics trends that are favoring DLO. First, the amount of data that businesses are generating is growing exponentially, and this data is becoming increasingly complex. DLO's AI-powered platform is well-suited for handling this large and complex data set, and it can provide businesses with valuable insights that they would not be able to get otherwise.
Second, businesses are becoming increasingly data-driven, and they are looking for ways to use data to make better decisions. DLO's platform can help businesses to do this by providing them with a centralized location to store and analyze their data. Additionally, DLO's platform can help businesses to automate their data analysis processes, which can save them time and money.
Solid Financial Performance
DLO is also benefiting from strong financial performance. The company has been growing rapidly in recent years, and it is generating positive cash flow. This strong financial performance is making DLO an attractive investment opportunity for many investors.
Bullish Outlook for DLO Stock
Overall, the outlook for DLO stock is bullish. The company's AI-powered data analytics platform is gaining traction with businesses of all sizes, and its strong financial performance is making it an attractive investment opportunity. Additionally, the key data analytics trends that are favoring DLO are likely to continue in the years to come, which should further fuel the company's growth.
DLO Stock Valuation
DLO stock is currently trading at a price-to-sales ratio of approximately 8. This is significantly lower than the average price-to-sales ratio for software companies in the same industry, which is approximately 20. This suggests that DLO stock may be undervalued.
Investment Considerations
While DLO stock is a bullish investment, there are a few investment considerations. First, the company is still relatively young, and it has not been profitable for all of its history. Second, the company is dependent on its ability to continue to innovate and develop new products and services. Finally, the company is operating in a competitive industry, where there are other companies that are developing similar products and services.
Conclusion
DLO stock is a bullish investment opportunity, and it is worth considering adding to your portfolio. However, it is important to do your due diligence and understand the risks involved before investing.
Bonk is Undervalued by at Least 1000%The chart shows classic price correction but this idea is not about classic technical analysis.
Under normal circumstances this bullish trade would be a process of several days or even a few weeks - dropping to resistance at 0.000015 and strong resistance at 0.000010. Then long in several strong waves.
But... these are not normal circumstances. Bonk is in the news and for good reason such as being listed on Coinbase and Binance, but that's not why I am excited.
BONK is undervalued to the point of bewilderment when you look under the hood and learn what is going on behind the scenes. Also, if you compare volume and turnover against the top 50 Cryptocurrencies it becomes even clearer. Dive deeper and discover how deeply connected BONK is with the Solana ecosystem and the projects BONK is aligned with. BONK is not just a meme coin.
I understand there is a lot more to it than trading prices when comparing the value of one coin again another however, in my opinion BONK is more valuable than Doge and several other 'big' players in the crypto space. Currently CRYPTOCAP:DOGE is trading at around $0.09 and BONK is $0.000025 and some others a lot higher and way over valued in some cases.
Disclaimer: I am not a financial advisor, this is simply an idea illustrating why I'm making my biggest investment of 2023 in BONK - when I told my friends today they thought I was crazy then I told them to put Bonk news into Google and get back to me... They want to know more now LOL :-)
QS has above average 6 year potentialDespite the slowdown in EV sales, it appears this market will increase year over year. Solid State batteries will bring lower costs, improved ranges to vehicles which could bring a new wave of EV volume increases. QS is in a position to take a significant share of the Solid State battery market either through battery sales or through licensing of technology. Lack of revenue may be keeping QS lower for now, but cash on hand is impressive and some actual sales may hit the books in by 2025 or 2026. My opinion: Now is the time to go long on QS, and hold.
Top Beaten-Down Chinese Stocks to Buy Right Now
Reasons to buy
Alibaba Group Holding Limited ( NYSE:BABA ) : Leader in the Chinese e-commerce market, strong track record of innovation and growth.
JD.com, Inc. ( NASDAQ:JD ) : Well-established and profitable company with a strong market position, benefiting from the growth of the Chinese e-commerce market
Baidu, Inc.( NASDAQ:BIDU ) : Dominant player in the Chinese search market, strong track record of innovation, expanding into new markets, such as cloud computing and artificial intelligence
BZUN X, Inc. ( NASDAQ:BZUN ) : Rapidly growing company with a strong market position, benefiting from the growth of the Chinese fintech market
I would recommend allocating your funds as follows:
BABA: 40%
JD: 30%
BIDU: 20%
BZUN: 10%
This Chinese portfolio is designed to provide you with exposure to the Chinese stock market while also diversifying your risk. BABA is the largest company in the Chinese e-commerce market and has a strong track record of innovation and growth. JD is another well-established e-commerce company with a strong market position. BIDU is the leading search engine in China and is also expanding into new markets, such as cloud computing and artificial intelligence. BZUN is a rapidly growing fintech company with a strong market position.
I believe that this portfolio is a good investment for the long term. The Chinese economy is growing rapidly and is expected to continue to grow in the years to come. This growth is being driven by a number of factors, including an expanding middle class, rising urbanization, and increasing consumer spending. As the Chinese economy grows, so too will the Chinese stock market.
I recommend you should consider your own individual circumstances and risk tolerance before making any investment decisions.
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wait until is readyIn the week of December 12, 2023, the EUR/USD pair is subject to several influences:
- The EUR/USD is under pressure, potentially facing further losses, especially if the European Central Bank (ECB) takes a different stance than the US Federal Reserve. It is currently stabilizing around 1.0780 but has previously dipped to the support level at 1.0723, suggesting bearish control.
- The euro has weakened recently, influenced by the cautious repricing of the ECB's policy expectations, with the pair moving back to the middle of the year's trading range between 1.0500 and 1.1000.
- The pair has fallen below the 200-day moving average, a significant bearish technical signal; however, the weight of this technical setup might be moderated by upcoming economic data events.
- Expectations of ECB interest rate cuts and the Fed's policy decisions will play crucial roles in determining the currency pair's movement. Any deviation from expected policy could sway the pair significantly.
- Technically, the trend is bearish, with key support levels at 1.0700, 1.0655, and 1.0580. Resistance lies at 1.1000, which would need to be broken for a bullish trend reversal
The direction of the EUR/USD pair will likely be shaped by the outcomes of the central bank meetings and the announcement of US inflation numbers. The technical indicators are pointing to bearish sentiment, but the fundamental events mentioned could lead to volatility and potential trend changes.
AECOM (ACM: NYSE)#AECOM ( NYSE:ACM ) secures a lead role in the Lone Star Constructors joint venture for the I-35 Northeast Expansion South Project. With a projected profit growth of 74%, a bullish outlook is maintained for ACM, setting an entry target above $80.00-$81.00 and an upside target at $112.00-$113.00.
#ACM #StockTrading
Neurocrine Biosciences (NBIX: NASDAQ)Neurocrine Biosciences (NBIX), a biotech company specializing in treatments for neurological, endocrine, and psychiatric disorders, is poised for opportunities in congenital adrenal hyperplasia (CAH). Analysts project NBIX to potentially achieve worldwide revenue of $660 million by fiscal year 2030, emphasizing substantial market potential. Crinecerfont, an NBIX drug, has shown a positive impact, allowing 63% of adults to lower their glucocorticoid doses.
With a 77% boost in EBIT and a robust free quarterly cash flow of $280.80 million, NBIX demonstrates financial strength. The bullish outlook on NBIX suggests a favorable stance above $99.00-$100.00, with an upside target set at $150.00-$155.00.