TradeCityPro | LPT : Testing Key Levels with Bullish Momentum👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the LPT coin, one of the projects in AI and Media. The analysis will cover both weekly and daily timeframes.
📅 Weekly Timeframe: Engaging with a Key Resistance
In the weekly timeframe, after breaking 9.415 and reaching the resistance at 22.569, the price entered a range between these two levels. Currently, it has reached the resistance at 22.569 for the third time. Significant buying volume has entered the market, and considering Bitcoin’s bullish momentum and the correlation between altcoins and Bitcoin, the probability of breaking this level is high.
📈 If this level is broken, the next resistances will be 31.516 and 63.738. Breaking 63.738 could likely lead to a new ATH.
✨ In the case of a correction, the most critical factor is the 41.57 level on the RSI, which should not be lost. As long as the RSI remains above this level, the market momentum is seen as bullish.
🔽 The key price level for a potential correction is 9.415. If this support is broken, the next levels are 5.451 and 3.787.
📅 Daily Timeframe: Decreasing Bullish Momentum
On the daily timeframe, after breaking the ascending trendline near the bottom of the range, the price managed to move toward the top of the box without any significant correction. However, with the RSI returning below 70, the bullish momentum has decreased.
📉 In the event of a correction, the first support level in this timeframe is 15.485. If this level is broken, the next support is the bottom of the box at 9.967.
🔼 If the price breaks through 23.423, the next resistance will be 31.003, which the price could reach upon a successful breakout.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Media
Comcast Corporation Analysis 10/15/24Disclosure: As of 10/15 I am long Comcast Corporation NYSE: NASDAQ:CMCSA
Comcast is a media and telecom company. They have several business divisions including news, movies, and telecom services.
Looking at their business they own several well known brands like MSNBC, Sky News, Xfinity, and Universal Studios.
Fundamentals:
Looking at the fundamentals of the business it is very stable with return on equity in the teens for multiple economic cycles. Alongside stable margins, paying back shareholders through buybacks and dividends and the responsible usage of debt it appears management is doing a good job running the business.
This can be seen in the earnings and revenue growth over the years. Data going back to 2017 is remarkably stable in both revenue and earnings growth.
Valuations: Looking at the valuations at a P/E of 10 and a dividend/buyback yield of 4% that gives me the minimum 15% return I am looking for in a long term hold. This does not account for future growth.
Calculating for growth I would be happy to earn 18% annual on an investment at current prices. Of course this is just an estimate of the fair value for the company. But I would be still buying at any price below $50/share.
Conclusion:
As with most mature companies this investment should be thought of in a very long term compounding model for determining present value. Similar to in my NASDAQ:TROW analysis a holding period for mature companies should be as long as possible assuming the business is growing and doing well. This allows the earnings to compound and grow into perpetuity.
If you found this article useful follow for my previous research and new research coming out regularly.
META AND EARNINGS, WHAT IS IMPORTANT FOR PRICE?I added some drawing lines to show essentially what a move could look like that takes meta higher, and just as easy, earnings could be the a drop that goes below 400.
So price targets are marked.
There is a big area in price here where the move to the upside could be pretty decent.
I have a few charts for meta however this one is the most likely outcome.
Former rejection lines are now support.
META could easily see 900 levels.
META could easily see 300 levels.
Timing isn't really important here.
Watch for a BIG earnings drop.
Otherwise if we catch support, it could easily spring up.
Again, I know this isn't really an answer for exact price.
However, the trends are important, and we could easily see something happen here as indicators reset, projection has right around earnings.
Good luck!
SMART MONEY MAKING BIG MOVES! IS NFLX NEXT?
NFLX is shaping up into a great setup. I'm watching for the price to stabilize in the 720-723.5 range, and if we see buyers step in there, it could be on its way to new all-time highs.
We ran with the 715C 0DTE on Friday, and it's worth keeping an eye on heading into next week.
If the market pushes higher, NFLX has a higher probability of breaking new highs.
NFLX / NETFLIXMarket Insight: NFLX (Netflix, Inc.)
Our predictions have highlighted key moments for investors:
• First Green Line (August 12th, 2024): A potential buying opportunity, as market conditions stabilize.
• First Red Line (October 28th, 2024): Consider taking profits or reducing exposure before possible market downturns.
• Second Green Line (January 6th, 2025): A favorable time to re-enter or increase positions, with market optimism on the rise.
• Second Red Line (April 14th, 2025): Another signal to safeguard your investments, preparing for possible volatility.
These points serve as guiding lights, helping navigate the financial journey with both wisdom and discernment.
DIS - Disney: this is a buy in my opinion. Right now, right hereTrading at 30% below estimate of its fair value
Earnings are forecast to grow 21% per year
Earnings grew by 108% over the past year
Analysts in good agreement that stock price will rise by 29%
Disney Announces Massive Theme Parks, Cruise Expansion at D23
Notably, the company has committed to invest a cool $60 billion in its parks over the next decade as it tries to maintain its lead over competitors.
Wall Street analysts are quite bullish on Disney stock, despite its dismal price action. The stock has a consensus rating of “Strong Buy,” while its mean target price of $119.43 is almost 39% higher than yesterday’s closing prices. The stock even trades below its Street-low target price of $100, while the Street-high target price of $140 represents an upside potential of about 63%.
Thaka hua stock ideaTV 18
A very much Pitt chuka stock. Reliance company. Not well managed. Not making any money. But taking strategically bold big steps. High risk high reward setup here. Stop 41. Will decide target after seeing what it does at 58-62 band.
The time to invest in Disney is nowCould see this dip further into the high 70s. I'm a buyer at these levels. Lot of long term support. Disney is a company relevant yesterday, today, and will be in the future. Looking to see it trading at levels double from what they are now within the next 2 years.
Media Network - MEDIAUSDC - Gems SeriesGreetings,
Welcome back to Gems Series!
Update on Dec 8, 2024 - The ascending channel pattern is still intact and with other alts moving, this looks ripe to break out soon.
Idea Published On Dec 7, 2024 -
Today we will be talking about Media Network and it's token MEDIA.
This coin recently had a breakout after a long period and it appears like the bottom is in.
Since the breakout it has consolidated and created an ascending channel which may give way to a move up soon.
Here is the report on the selection criteria.
1- Project Status = Active
2- Industry = Data, Computing
3- Community Involvement = Healthy
4- Prominent Listings = Coinbase
5- MarketCap = $3M
6- Coin Supply = Cir: 250K, Tot: 10M
This is a microcap project and have high risk but it is listed on Coinbase which is world's most trusted crypto exchange. Based on the factors, this coin has a potential for 10x to 100x (and due to micro cap even 1000x) rally.
Yesterday we published this and another idea where we had shared link for of some other platforms where we are present which was against TradingView's house rules therefore both the ideas got banned. Please make sure that you do not make the same mistake.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Number Protocol is very Enticing NUM coin (Number Protocol) is definitely one to keep an eye on and or invest in as it's worth a lot more I think
From their website: "We are an open and decentralized network designed to ensure provenance for all types of creative works created by humans & AI
By making digital media traceable and verifiable, we are able to address critical issues in the digital media space, namely misinformation, copyright and royalty distribution"
It has usage and today it's been on fire Volume is up like 80% - MACD crossed Signal Line - trading above Moving Average - Up-trend via Daily chart (supertrend)
All good positive signs!
TV 18 Breakout + RetestThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Actually useful information: Lucky St. Patrick's DayToday, March 17th, 2022, is St. Patrick's Day. Statistically, the stock market had an above average chance of closing green; 80%. For weeks the media has told us that all the down moves in the market were due to Ukraine. I guess that is over now? The talking heads also made correlations to "interest rate fears" being the cause of the correction yet the market basically YEETed off the "more hawkish" Fed yesterday.
The media has no clue. Their job is to sell ads. If you the reader/watcher/listener happen to be informed it is a happy accident.
I am a trader. I need actionable information and repeatable patterns. I find a far more useful tool for trading the markets to be statistics... far better than trying to trade the news.
This graphic is from an article published today on Marketwatch. This kind of thing is my jam. There are a few highlights I find interesting. The market having a very high probability of a green the day before 4th of July makes logical sense. It's also an anecdotal experience I can now quantify with this data. Why August 30th is such a definite outlier I cannot say... but you can bet I will have it marked on my calendar as a unique market holiday.
Source:
www.marketwatch.com
Cloudtnine 21’ The most costly birthday in your whole life he’s going to be your 21st birthday because it is the time when you are just coming out of childhood into adulthood and so you haven’t really understood maturity yet so you go all out and get hammered and spend a lot of money and working in food services I know it’s good to upsell alcohol because when people are drinking it induces careless spending and so you can actually get a better tip when you are drunk so 21
21’ by Cloudtnine is about celebrating your 21st birthday it’s about an experience for everyone who has and will experience there 21st birthday and it’s the most commercially marketable birthday for a song and if we can get it in the on the radio in establishments get it in on TV get it in commercials get it in movies and do tours we could accumulate a lot more money than we would expect that would positively affect our economy
$NXST: COVID / Tech Hangover?This one may be a bit risky but valuations are below the historical average and there's is some possibility that the divisions we've been seeing over COVID vaccines leads to a more local-focused population. People getting back to what's real and the issues that actually affect them in order to recalibrate to a sense of normalcy. If there is a tech hangover, I believe you'll find it priced in here first. XLC has been slippery though so we'll see how this plays out.