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$WKHS EV Vehicles and Drones Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
NASDAQ:WKHSLong
by UnknownUnicorn19246015
$RCON PT 20-25 and higherRecon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information solutions. It also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as enhancing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing technique; and electronic broken-down service to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; and oily sludge disposal solutions. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.
NASDAQ:RCONLong
by BADQOMOCAWGOWLD
1
Stocks To Watch (Relative Strength Edition)The Market is pulling back and might be trying to put in a bottom, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 29 total stocks on this list. I add an additional 4 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:QQQLong
by Jtacher51
2
XL: Real Revenues, Real Product, My Favorite EV SPAC PlayXL is a maker of hybrid and fully electric engines for trucks and cargo vans. The company sold over 4,000 units in 2020 and are projecting 9,200 this year. They do not however only sell hybrid/electric engines, they also recently got into the charging market. They announced a partnership with UBS arena (NY Islanders stadium) to deploy 1,000 charging stations in the parking ramp. This is a first of it's kind deal in the industry, and I believe this is just the beginning for XL in terms of partnerships with large event venues. Anything tied with EVs and SPACs has been absolute mania recently. The pullback across the board though has given great buying opportunities into well run, real revenue producing companies however. And I strongly believe XL is one of them. Technically looking at it as well, it broke it's $18 support level when the entire market tanked late February. It now is showing signs of a reversal coming of a Tom Demark niner as well as momentum picking up after the company appearing on Mad Money. I believe the stock will quickly get back to it's $18 support level, and eventually make a push back to the $26-28 range. I am using that $26-28 range as a 6-month price target.
XLong
by RobertTheTrader
3
Palantir (PLTR): In-depth Fundamental and Technical AnalysisPalantir is a mysterious company that helps governments and corporations integrate their data, decisions, and operations into one platform. They use big data and machine learning technology to offer solutions in both the public and private sector. While it has never been confirmed by the firm itself, it is said that Palantir played a significant role in catching Osama Bin Laden. In this post, I'll be going over Palantir's fundamentals, financials, and technicals, in order to assess whether this company is a good buy. This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Background - Palantir’s founder is none other than Peter Thiel. - During his Paypal days, the company faced a crisis due to a scam led by the Russian mob. - Because of this, Paypal started nurturing groups of experts who could track and predict scam transactions. - They developed a software that analyzes data patterns, which allowed them to identify and prevent these schemes. - Peter Thiel thought that this software could potentially be used for many other things. Products: Gotham and Foundry - The CIA, they had collected a tremendous amount of data since 911, but weren't really sure of how they could utilize it to catch terrorists. - So the CIA became Palantir’s first client, and Palantir received an investment from In-Q-Tel, which is the venture arm of the CIA. - With the CIA’s support, they develop a software called Gotham, which allows Palantir to analyze huge data sets in real time, and visually demonstrate the result of the analysis through connective relations and patterns. - Gotham became recognized as the best analysis tool that the government has seen, and later became used by the CDC, NSA, FBI, the Pentagon, and the Marine Corps. - This software is used to track suspicious activities, the flow of potentially illegal funds, track missing children, or the spreading course of a disease. - With this experience and technology, they work with JP Morgan to develop a new software called Foundry. - Foundry is a solution for private firms that analyzes data to prevent financial fraud or illegal transactions. Financials Analysis - If we look at the quarterly income statement, the gross profit has dropped significantly in Q3 2020 from the 70% range to 50% range. - This is due to the compensation provided to the company’s employees through company shares. - Then we can also see that R&D expenses have increased significantly in the same quarter as well, and this is also due to the stock based compensation they’re giving out. - Regardless of this outlier, Palantir is a company that invests a lot on research and development. They are spending 30% of their revenue on R&D every quarter. - And as you can also see, Palantir is still technically not a profitable company, as their operating income is in the red. - Let’s take a quick look at their Q4 2020 results. Last quarter, they did $322m in revenue, which is a 40% increase compared to the same quarter last year. - In 2020 total, they did a little over a billion in revenue, which is a 47% increase compared to the revenue in 2019. - Looking at the average revenue from Palantir’s top 20 customers, the revenue increased 34% compared to last year, marking $33.2m. - The average revenue per customer also increased by 41%, marking $7.9m per customer on average. - This could be interpreted as a sign that Palantir’s clients are happy with the service they get. - In 2020, the revenue they generate from governments increased a whopping 77%, marking $610m. - In 2019, the commercial revenue covered 53% of the entire revenue, but in 2020, the government revenue outweighed the commercial revenue in terms of proportion, as it covered a little over 60% of the entire revenue. - The commercial revenue, on the other hand, wasn’t as impressive as the government revenue, as it only increased 22% compared to last year. - Using the PSG ratio, I calculated the 2023 estimate for Palantir's stock price to be anywhere between $36.31 to $48.38. Technical Analysis - We can count Elliott Waves on Palantir's 4 Hour logarithmic chart - We can see that the corrective abc waves have completed its formation, and that this entire chart is part of a bigger impulse wave. - What's important to note is that the price has retraced over 61.8% from all time high levels. - The price has managed to stay above the 0.618 fibonacci retracement support level. - The Relative Strength Index (RSI) is trading near oversold regions - The Moving Average Convergence Divergence (MACD) has formed a golden cross, and has started to form bullish histograms Conclusion Palantir is a company that is in an increasingly growing industry, but is reliant on government contracts for the time being. While this means that they are a monopoly in some way, they have also set their strategy to target commercial clients in the coming years as well. Their cutting edge technology has been approved both by government and commercial clients, and justify the growth potential of the company. Using simple assumptions to apply the PSG ratio in calculating the fair value of the company, we can estimate the stock to reach between $36.31 and $48.38. Given that the stock is currently at $24.19, this is a 41-100% upside. Technical analysis also aligns with the bull case of the valuation, indicating that the stock has recently been oversold, and that an entry around $23 would be reasonable. If you like this educational post, please make sure to like, and follow for more quality content! If you have any questions or comments, feel free to comment below! :)
PLong
by Michael_Wang_Official
9
What Analysts Got Wrong about the Recent Volatility.Since I'm not a professional analyst, I've sunk many hours of research in the past week to understand the recent move in the market on a deeper level. Here are my findings. I hope you find this informative. I've been hearing different analysts' opinions about the recent move in the stock market. I heard the money is moving from tech stocks to banks, or from growth stocks to value stocks. I'm here to say that neither is true. NASDAQ:GOOG is a tech stock and it's been rising. NASDAQ:COST is a value stock and it's been falling. Observe different stocks and you'll find numerous examples. The recent move is rather about companies in debt vs companies with free cash flow . It turns out that when interest rates are raised, it can be predicted with certainty that more money is going to flow into servicing existing debt rather than into productivity. Watch this talk with Brent Johnson to understand this concept, minute 50 to 60. Banks, who recently had their debts quantitatively eased, have more room to buy corporate bonds from companies like GM and Ford. This debt is used to service older debt. The big money, which understands this debt-based economy well, knows precisely where value is going when interest rates rise. Big money used their tried-and-tested calculations and decided to move their investments from free-cash-flow companies, to debt-generating companies. That's what's been happening, and that's the reasoning behind it. However, there is a point the smart money is missing and they keep missing it and never learn. There is much more value to reap from technology and innovation than there is in loan interests. This value of tech is not priced into their tried-and-tested calculations. It's probably too uncertain for them. But realize that when companies like Amazon, Apple, Google, Facebook, and Tesla create value through technology, they are carrying the rest of the useless debt-generating economy on their backs and creating prosperity for the entire nation and for the world. Real value is in productivity. The United States has moved slowly after WW2 from an industrial exporter to a liquidity and debt exporter of sorts, which also reflected on the US's internal economy. And that weakened the industrial sector over the decades and bubbled the financial sector to an overwhelming extent that it's sucking more and more money from productive businesses and pouring it into existing debts with the purpose of buying more time. The retail investor should learn and understand this in order to position themselves with high conviction on the side of technology and simply hold stocks like Tesla for a decade. You are already benefiting the economy by saving money aside and putting it in the right place and of course the reward is high. Let me know your thoughts. I probably made mistakes and left some statements in need of more elaboration.
SP:SPX
by TechNerdOmar
4
NASDAQ - Bearish or Bullish? As you probably are aware, 10 year yields are have been increasing for the past week or so as the fear of raising interest rates increases. In short, yields go up with interest rates as bond prices decrease. When rates are projected to go up - as markets are a forward looking indicator - stock prices will decline as investors are pricing in a higher cost of capital for companies across the board. The companies that are impacted the most are growth stocks such as the ones listed in the Russell 2000 and NASDAQ 100. These companies get hit harder by decreasing interest rates because they are borrowing at a higher rate than value companies such as Walmart or United Parcel Services. On the 4 hour NASDAQ futures chart, price action has held the 180 day EMA as well as the green uptrend line very strongly since the COVID - 19 crash. There have been two times since December 8th where the NASDAQ futures price action has broken below 180 EMA. In both cases, the NASDAQ failed to turn bearish shortly reversing and turning higher. Obviously, this time it's different for the reason that I mentioned above - interest rates. On the 4 hour chart, NASDAQ Futures has sold off around 9% over the past week - flirting with corrective territory. Previously, NASDAQ Futures sold off close to 12,671.25 before appearing to have turned bullish prior to getting rejected by the 180 day EMA. After the 180 EMA rejection, NASDAQ Futures touched 12,671.25 and appears to making a break to 13,130.50. I am currently holding TQQQ (ProShares UltraPro QQQ) which is a 3x leveraged ETF on QQQ. At the time of writing this, I am currently down on my position with plans to add to my position if NASDAQ Futures can break above and hold the green uptrend line that I have drawn. As of right now, the key level that I am watching is 13,130.50 with hopes that the NASDAQ Futures can break above the 180 EMA (Blue Line) with volume. In my personal opinion, I would turn more bullish on the NASDAQ and even more bullish on TQQQ if the NASDAQ Futures can hold the 180 EMA (Blue Line) with the 20 EMA (White Line) and 50 EMA (Orange Line) crossing over the 180 EMA with volume.
CME_MINI:NQ1!Long
by madisonsoun97
3
Shell company positioning wellLooking at UUV tonight after some large volumes over the past week. In terms of context, the company wrapped up all previous business in the US last November 2020. Winton Willesee was appointed Chairman in October 2020 to push this through. For those unfamiliar, he has a history of leading RTOs (xTV to NZS) and growing small-cap companies such as CPH and NC6. Seemingly off the back of this hype, UUV has been pushing through some impressive volumes of late. The 50 day EMA has crossed the 100 day EMA and is heading toward the 200 day EMA. We could even have a golden cross if the splurge contains and the 100 day EMA follows the 50. Volume profile (since November 2020) suggests that support exists at $0.003 and with the buying frenzy this is unlikely to drop below $0.002/$0.003. Finally, the MACD shows a positive trend, which after a slight dip was reconfirmed after today's trading. In terms of the future, it is extremely uncertain and will hinge on how UUV reposition. There have been links to AR9 and the cyber security sector, and any further tidbits of information coupled with the low share/options price will likely spur short-term growth.
U
by chartorscience
2
Looking for a nice bounce of the EMA to long Amazon.1.6 Trillion dollar company here. Amazon is a near and dear company to my heart. Not only do I use their services regularly I find they deliver an exceptional client experience and have been doing that consistently for a long time. I wish nothing but good things for Bezos and his new venture and hope he finds great success being more hands on with blue origins. This company is a growth machine. They have brilliantly mastered the flywheel effect, you can read more about that from Jim Collins latest book, and I think they have a lot more room for growth despite the gigantic size they already are. Fundamentals for the company are stunning: P/E 78.71 (For Amazon this is shockingly not too bad) Employees 1,298,000 - WOW P/FCF 63.21 (Yes very high) Debt/Eq 0.55 (Very low) Long Term Debt/Eq 0.53 (again very low, and its good to see them take advantage of low rates) -Obviously in reading that, no one is buying Amazon as a value play. The opportunity here is in growth, and It think it is time to plan our entry as an aggressive growth play due to the following: EPS this Y +81% EPS past 5Y 101.8%! Sales Past 5Y +29.3% Sales Growth Q/Q +43% EPS Q/Q +117.5% ROE 27.1% Equity Ownership Insiders Own 10.6% Insider Transactions over past 3 Months -1.9% Institutions Own 58.7% Institution Transactions -0.03% 2/10/21 ZenMode Price Target $4,000 2/3/21 UBS Price Target $4,150 2/3/21 Susquehanna Price Target $5,200 2/3/21 Stifel Price Target $4,000 2/3/21 J P Morgan Price Target $4,400 2/3/21 Goldman Price Target $4,500 2/3/21 Deutsche Bank Price Target $4,250 2/3/21 Barclays Price Target $3,860 If you found this content helpful gentleman please be sure to give it a like and a share. If you think I missed something important in the analysis please be sure to share it with me and the community to aid us in learning more!
NASDAQ:AMZNLong
by ZenMode
1
$TRIP $TRUFF A nice Cup and Handle forming as we make it towards the end of the week. Perfect timing with the upcoming news release. Red Light Holland has already made it known that they want to be the forefront in Psychedelics. To date, i've noticed a strong campaign regarding branding and increasing company exposure/ psychedelic acceptance. I do like that Bruce Linton is also the Chairman of Advisory Board To note: Red Light Holland making an APP to share personal stories of Microdosing?.. Along with a Job-Contest coming up for Feb 8th?.. I do not see this staying at these levels much longer. GLTA - Pocketfeeder
CSE:TRIP
by pocketfeeder