IPO
CLEAN SCIENCE ON 100MA! MULTIBAGGER!!the two dark blue lines, shows the that the stock is on its IPO zonem, stock is at a very discount, it can all go up till 2200, with a very good swing trading. still can go further upside, in the long term. sales are good, quater results are also good. its a stock with good fundamentals, and a multibagger.
GLAND PHARMA, RSI DIVERGENCE!!the stock will have a good impulse move, it has corrected a lot, one can earn about 90% from taking a swing trade. the stock has reached at a price of its IPO's time only.
good RSI DIVERGENCE is forming.
stock price targets are too mentioned.
at last: have a look on moving averages too.
$CFVI $RUM SEPTEMBER 15TH SHAREHOLDER MEETINGWill Andrew Tate be participating in the voting of shareholders?, more eyes, more attention.
as fomo kicks in speculators will purchase call options volume keeps going up.
1/20/23 15 @ 2.05
Not Investment advice
DNAA Chamath IPO play- high targetDNAA is one of Chamath ipo’s play that will moon ~ its a very risky play but it worth it
Looking at Monday opening my target are as below:-
1st target 75$
2nd target is 125$
And my 3rd target is 170$
Trade safe ~
$BRSH Recent IPO with tiny floatLooks like ready to join the recent IPO party ($ILAG, $MEGL, $FRZA, $TGL and $REBN)
It needs to break above the top of the triangle pattern to go higher...
SPAC: Special Acquisition to "IPO private companies"Dipping your toes into the wild "reverse IPO" SPACs....
A SPAC, Special Purpose Acquisition Company, is a company that uses its funds to transform existing private companies to list them on the Stock Market. Read up on the SEC.GOV on these "special" financial instruments from Wall Street and friends before risking a penny on these things.
We'll use a special SPAC acquiring a company very close to home: D-Wave Systems of Vancouver (Burnaby), Canada regulated under Canadian and BC Laws.
For D-Wave's IPO via XPOA (the SPAC) to QBTS ("quantum bits") this will be done on the NYSE listed. D-Wave Systems is currently private and a leader in Quantum Computing with North American headquarters and control. A former Canadian star is graduating to the US. See the company web site for details www.dwavesys.com
AI (Artificial Intelligence) is the future and "Quantum Bits" D-Wave QBTS might do very well as it becomes fully vetted in the USA via it's "big board", the NYSE (New York Stock Exchange). Everything needs "servers" and quantum computers are the big players in serving processing speeds. Check the past and recent clients for D-Wave Systems.
In this Tutorial, we'll use TradingView Charts to explaining the possible price action on this chart based on the public information available both in the US (new D-Wave Regulatory home) and Canada (existing D-Wave Regulatory home).
As a way of a background: D-Wave a leading Canadian Quantum SuperComputing is on its way to "move" from being privately held in Vancouver, Canada to being American sharesholder owned via NYSE under the expected symbol QBTS..SPACs are one way to play the IPO but it's all speculative. These are listed as
The very interesting thing with the Markets is Canada operates under its own rules and Laws. So something that might be approved in Court last week for example, is "public" in Canada but may not be advertised in the US until regulatory requirements are met in both Canada and the US. The Charts on XPOA (DCPM Capital), shows the spike in February 2022 when the acquisition was announced.
"Update: D-Wave to Go Public via Merger with SPAC DPCM Capital; DPCM Shares Rise
Feb 8, 202208:47 Reuters
D-Wave Systems, a provider of quantum computing systems, software, and services, said Tuesday that it has agreed to merge with special purpose acquisition company DPCM Capital (XPOA) to become a publicly-traded entity."
In July, the charts shows the XPOA (and associated XPOA.U and XPOA.W) was repriced and the market respected sending the SPAC from the $10s to the $7s
This is a SPAC to watch since D-Wave Systems is a large company located in Greater Vancouver, Canada. It was a Canadian technology company and will become one of the few (or only?) pure play US company in the Quantum Computing space.
There is a customary US publication ban until proper regulatory approval is received. The "may not be distributed in the United States" allows the company to get past stockholders to understand the restructuring. Track the official Public filings available from the SEC in the US. The SEC (Securities and Exchange Commission) being the regular lists any public information as filed by the company at: www.sec.gov
The Latest public news is www.sec.gov
A Shareholder vote to be voted on TOMORROW August 2nd 2022 Price action shows it has very good changes of being approved especially given the Provincial/State Canadian BC Court Approval last week which was public with restrictions on the company relating to publication in the US prior to Shareholder approval.
Interesting times...
DISCLOSURE & Liability Waiver: The above could be all wrong. FACT CHECK everything anonymous posts! BR is part of a group of Researchers of the Markets and regulatory protocols. SPACs are truly "special" (read up at SEC.GOV) and not for the novice investors. These "high growth speculative plays" need to be viewed with either deep fundamental analysis. HTA (Hybrid Technical Analysts) using certain "conditions" to determine when to jump on and off. Volume and changes in volume is one of the key indicators and mapping these to Regulatory Disclosures is interesting. For "XPOA SPAC to QBTS IPO", since this is the Study at this point given the Events, we expect Bullish volume to possibly resume here with a massive short squeeze as the dark uncertainties get cleared up tomorrow DPCM Capital/D-Wave Systems Special Shareholder Vote August 2nd 2022. Only shareholders as of June 2022 get to participate and vote at the Shareholder Meeting. Contact the company or Regulators for more information or post as a Comment if you know something public that isn't widely known. Just think I'm just an "Elf on summer break", I have no freaking idea where that Rudolf is! That "red nose" is a concern for some but it's NOT because the poor is a drunk. That's vicious rumours by bad actors! He was just born that way! Seriously, this is just an early "heads up" from "Up North", friendly neighbours. Hey!
Peace on Earth and at Home.
DUOL Overview and Prediction
In the most recent two-quarters, DUOL has sold off ahead of earnings and then rebounded sharply after reporting earnings beats. Coming into this quarter price action is reversed. DUOL has experienced a strong rally from a quarter ago, clocking in over a 50% gain from the lows of their Q1 2022 earnings in May. This bullish short-term momentum might just be stomped out by this quarter's earnings.
The technical picture for DUOL is somewhat poor, especially in recent trading days. The support trend line has held nicely with three consecutive touches and rebounds. However, with a major event coming up (earnings on 8/4), DUOL may slide well below this support trend line and revisit support zones at/around 84.8, 75.4, and 66.55. The recent bull run makes me increasingly confident in this thesis, as earnings would have to be out of this world positive for any substantial upside gain in my opinion.
Fundamentally, DUOL appears weak. Simply put, Duolingo is overvalued and generates negative profits. There are way too many macroeconomic/geopolitical issues for tech and growth to perform well (at least for the coming 2-3 years). The idea that DUOL, an IPO with no earnings and expected revenue for this year at 267 mil should be valued anywhere near 4 billion dollars seems a bit foolish.
Duolingo's weak technical and fundamental health combined with an unprecedentedly problematic global macro picture prompt me to predict the following: It is a matter of time until this stock falls and eventually forms new lows. It may not be this quarter's earnings that trigger DUOl's stock to move lower, but it will happen eventually... unprofitable growth is the wrong place to be in this environment.
As always this is not meant to be trading advice. Good luck!
Stocks To Watch This WeekThere are no certainties in the stock market. These names have shown good relative strength and accumulation volume . 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 28 total stocks on this list with 0 short squeeze candidates . 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!
Sono Motors (SEV)This is a chart of the solar EV company Sono Motors (SEV). The company is headquartered in Germany and went IPO on the Nasdaq in 2021.
This stock is presenting a decent risk-to-reward setup because it has been finding support within important Fibonacci convergence zones (yellow area). I created this Fibonacci convergence zone by using trend-based Fibonacci retracement combined with a long-term Fibonacci drawn from the stock's highest ever price down to a price of zero. Any bottoms that form in or near this Fibonacci convergence level will likely be extremely significant.
Aside from a Fibonacci analysis, a double bottom recently formed on the daily chart. Of further note, IPO stocks have been showing signs of beginning to outperform the broader market. While the broader market was making lower lows in June, many IPO stocks, such as SEV, have been making higher lows. Oscillators on the longer-term charts validate this trend by showing signs of beginning to oscillate back to the upside. This is a long-term bullish signal for IPO stocks. Here's a great post by @TradeStation for a more in-depth analysis of the recent IPO outperformance:
$DUOL Double BottomRecent IPO $DUOL is presenting to us a classic double bottom pattern. Within the last couple of weeks, there has been strong volume around the support areas. The second bottom also undercuts the first bottom, which is a positive sign as well, as we want to see that shakeout occur.
Another thing is that earnings, subscriptions, and bookings are also showing signs of strong growth.
Now as for the downside, the company is still not profitable and is operating under a net loss. There is also an overhead supply from the Post-IPO volatile price action.
I would be looking to progressively scale in once it starts increasing in volume as it tries to break past the middle-high of the "W" pattern, around $106.
The Coca-Cola Company bearish scenario:The technical figure Triangle can be found in the US company The Coca-Cola Company (KO) at daily chart. The Coca-Cola Company is an American multinational beverage corporation, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The Triangle has broken through the support line on 15/06/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 57.18 USD. Your stop loss order according to experts should be placed at 65.09 USD if you decide to enter this position.
Coca-Cola Co said on Tuesday it had delayed the plans of an estimated $3 billion initial public offering (IPO) of its African bottling unit to 2023 due to turbulence in the market. The flotation of the division, Coca-Cola Beverages Africa (CCBA), would be the biggest on the Johannesburg Stock Exchange since at least 2016 and a major boost for the flagging index. Earlier in May, Reuters reported citing three sources that the IPO of the business would be delayed due to market turmoil, stemming from Moscow's invasion of Ukraine.
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Technical Analysis for Risk AnalysisTechnical Analysis should be used for Risk Analysis, not just for deciding if and when to buy whatever it is you want to trade, whether it's stocks, crypto, forex, indexes, ETFs, REITs, mutual funds, etc.
When you know the technical patterns that point to higher risk, aka sellers gaining traction, you can get out of long positions before the retail crowd and its small fund managers react late to earnings reports.
It is NEVER the largest institutions, who we call the Dark Pools, who are selling on earnings announcements. It is ALWAYS the less informed who buy or sell on big news days.
This is what we at TechniTrader call "Relational Technical Analysis"--the application of what we know about the market participant groups to discern who is doing what in the technical patterns of a chart.
For example: UPST was a struggling IPO anyway. The typical IPO top and drop occurred in October-November. 99% of new IPOs do this. Learn to sell at the peak of a speculative new IPO. That means you must learn what speculation looks like in the charts and how to recognize the top developing so you can get out before the drop.
But today's lesson is about the specific set of negative technical patterns developing ahead of Upstart's earnings report yesterday after the market close:
1. A trading range was developing lower highs and lower lows.
2. Compression of price at the low end of the range.
3. Declining Accumulation/Distribution over the sideways action of the trading range.
These are what we at TechniTrader call the "footprints" of controlled rotation out of the stock ahead of the earnings press release date.
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