Didi Suspended from App Stores in China Over Data ProtectionOn July 4, the Cyberspace Administration of China (CAC) ordered app stores to stop offering the Didi app.
China's cyberspace regulator banned Didi from app stores on July 4, owing to the illegal collection of users' personal data. The CAC had requested Didi to rectify the existing problems in strict accordance with the legal requirements, protecting users' information security.
Didi responded that it had implemented the relevant requirements of the national departments, stopped registering new users and removed its app from app stores on July 3, with no effect on the current users, including both passengers and drivers. Meanwhile, the company said it would "improve risk prevention awareness and technical capability, protect users' rights and data security, and provide safe and convenient services."
On June 30, Didi listed its shares on the New York Stock Exchange at an offering price of USD 14 apiece. The price rose by more than 28%, with a market value of about USD 67.8 billion. The volatility continued on July 1 when the company's share price grew nearly 16% to USD 16.4 per share, increasing its market cap to USD 78.6 billion.
On July 2, the firm's share price plummeted over 10% owing to the news, with its market cap losing in excess of USD 3 billion within one trading day.
Security
Strong Buy Now: The best setup digital AI company on the CSEBoy, I scan companies for a living and although this ones balance sheet (as I write this) may not be the best pick for VALUE today, it is certainly setup well for an earnings surprise going into Q2. The CEO has said they have realized over $1.5M USD of top line revenue with an entire MONTH left in the quarter.
Not to mention - he even said he fully expects to see $15M annually in the near to medium term. They closed HUGE contracts - one of which is for 50k retail locations and even have partnered with Intel; their own app RADAR is on Intel's DOMAIN . That is huge material news that's stayed under the radar on the *little volume* CSE.
This is my number 1 pick right now; this one will turn a lot of heads super quick. Also the chart is setup nicely for a long. Trade it, hold it, long term hold it whatever you chose to do just BUY it.
Price rise as volatility drops?Hi. The Volatility of the Symbol MAGS has for the first time since the turn of the year lowered from a high level down to a center level.
At the same time the MACD is currently crossing its signal while below the MACD 0 value.
The price has also had steady highest lows since the start of the year.
It could be construed that the lowest highs since the spike at the start of February create a triangle together with its corresponding bottom line, but the top line in this triangle is not as clear or strong as its bottom.
The price is currently dancing over the MA 56 after dipping below since the start of March but as the price approaches the tip of the triangle and if the price breaks out of the triangle top line it will also stay above the MA more consistently.
The RSI is currently high, at a value of around -30, but that value is consistent with past price increases which have held a high RSI even as the price has increased over a longer period.
The example long trade shown has a TP that lies just below the high price of the 5th of February spike and a SL just below the low of the 8th of March and a buy line at the crossing of the triangles lines.
Oh, and MAGS is a company that deals with security installations at borders, airports and other sensitive installations. As passage of travelers is increasingly allowed throughout the coming year demand and interaction with systems like these will increase and be amplified by the needs of increased security screenings in both areas of transportation and governmental institutions. Just a thought.
Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you.
This does not constitute financial advice.
Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations.
Any trades shown or mentioned are examples and neither recommendations or mandates.
🔐 Allegion: ALLE - Starting up from demand zone Hi mates another interesting idea with high Risk Reward!!!
As you see by two trendlines, uptrend in ALLE is incrasing in momentum. Now its definetely nice entry sweet spot on demand zone in 106 - 109 area. Target area is next supply zone at 119.30 - 194.36
My setup is following:
------------------------Trade setup ---------------------------
Entry: 109.80
Stop Loss: 106.23
Profit target: 120.01
------------------------------------------------------------------
If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Safer Shot Inc SAFS 0.0009 OTC US Safer Shot Inc (SAFS) 0.0009 -0.0002 (-18.18%) 02/12/21 $SAFS
otcbb.swingtradebot.com
www.stockta.com
ih.advfn.com
www.google.com
www.marketwatch.com
seekingalpha.com
www.barchart.com
Avg Vol 119,329,039
Stochastic %K 59.31%
Weighted Alpha +157.63
5-Day Change+0.0004 (+80.00%)
52-Week Range0.0001 - 0.0016
Safer Shot, Inc. is a development stage company, which develops, patents, and markets a line of non-lethal weapons that utilize a proprietary kinetic projectile cartridge and security products. Its products include Safer Shot Bouncer Cartridge System, Safer Shot Bouncer M-22, Safer Shot Mini, and Safer Shot Bouncer M-11. The company was founded on September 16, 1997 and is headquartered in Annapolis, MD.
FSLY over 115.21This name moves big every once in a while and price action may be hinting one is on its way this week. While it 'filled the gap' with the wick a few days prior, it could not close and hold over. Subsequent candles show a good degree of buying and selling pressure which can indicate a larger move coming.
6.1.2021 - Ripple (XRP / USD)Hi Traders!
Today we will look at the XRP / USD analysis and take a closer look at the Ripple case.
XRP has flooded newsfeeds in recent days with reports of a lawsuit filed by the SEC (US Securities and Exchange Commission). The SEC filed a lawsuit against Ripple , which created cryptocurrency XRP. T he lawsuit alleges that Ripple was involved in the sale of the securities - meaning their XRP cryptocurrency. It should be added that this action has been pending for a longer time.
At the moment, it is difficult to say how it will turn out. Ripple has capable lawyers and one of them is a former member of the SEC. Some exchanges have already suspended the trading of XRP or wanted to delist XRP . At the moment, therefore, we would avoid any investment in this cryptocurrency.
But let's take a look at the XRP chart. From below, we have very strong support at the level of USD 0.1713, and from above, strong resistance at the level of USD 0.25. Although we do not know how the SEC lawsuit will turn out, the chart always reflects investors' expectations, so we can see the outcome of this lawsuit from the chart before it's in the news. If we break the support downwards, it looks very bad with XRP. Conversely, if we break through resistance, then XRP may be waiting for good times. However, while we are at the current level, we only monitor and do not buy XRP.
May the crypto be with you!
PLURILOCK SECURITYINC - Cyber SecurityLooking alright on a macro term - may possibly pull back but it most likely wont be more than a 5-6 cent pull back unless overall market sentiment changes if that does happen we would most likely see a massive drop - this is penny stock trading in the end. But the negative aside , the Cyber security market is supposedly to hit 1T by EOY , that being said this company and their tech is a fascinating one as using biometrics to be able to constantly tell if malicious activity is going on based on how the individual uses the computer through machine learning. cool stuff either way we had a break out and a test of that new 40 cent high area as support and seems to be holding ... for now... speculation , but they also do have a product they will sell, ties with govt as former NSA employee is on the board , good team could be a dark horse in a race for something that is a constant threat
Will SPLK's management execute better in 2021?Bullish trades are now based on hopes of dead cate bounces and better executions of its growth strategies.
Bullish uptrendGood name, accessible price, nice uptrend since IPO and looks to have some big % gain days ahead.
Cyber Security has become essential for all"Because of the rise of remote working, cyberattacks have grown exponentially in recent months, with the FBI reporting a 400% increase in complaints in April versus March, as attackers hope to expose weaknesses in an organization's business continuity strategy"
Fundamental difference between some of the biggest cyber-security companies:
CrowdStrike's (CRWD) endpoint protection uses resource-friendly security agents to inform its crowdsourced cloud about any potential threat anomalies. All customers are protected based on a single threat found, and its technology is supported by having renowned threat remediation and hunting capabilities.
OKTA disrupted the identity access and management market with its cloud-based technology that has a large number of application integrations that make controlling who has access to what much simpler for security teams. In a perimeterless security world, the importance of identity is becoming paramount.
Zscaler's (ZS) secure web gateways delivered via its cloud locations provide customers a safe route to cloudbased resources. Branch and remote users can go directly to their applications instead of going through a centralized data center, decreasing lag for the end user and alleviating traffic bottlenecks for IT teams.
Palo Alto Networks (PANW) is an attractive option for investors. In our view, its cloud transition springboarding growth off its firewall leadership, upselling and cross-selling prospects via its security platform, and strong cash flow and balance sheet are being overlooked for the pure cloud-based companies.
COVID-19 pandemic and not epidemic, exponential ant not gaussianThe COVID-19 is pandemic and not epidemic because it touches all continents all around the world.
It is exponential ant not gaussian because there is a second wave in a lot of countries.
But maybe the first wave never stopped, and we are testing more and more people.
Maybe the curve with continue to grow but start to flatten, nobody is able to predict the future.
Just don't bet against the trend, apply the maximum security to yourselves and only yourselves (until it goes to 0 with 100% of recover and 0% of death ?).
There is not plot, nobody is lying, governments and people have just no ideas of what will happen because we are facing something imprecise.
Bullish Charts - Cyber Security PlayDaily & Weekly charts look good. Daily chart looks great.
Volume turned Bullish
PMO turned Bullish
MACD is turning Bullish
Stochastic is Bullish
Security Sector is Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
$CSPS Formerly Known as $QALB Announces MASSIVE Share Reduction$CSPS Is now on a clear breakout path with the announcement of a massive share reduction of the A/S from 700,000,000 to 250,000,000 and a cancellation of ALL Preferred shares!!!
The company also stated it wishes to become fully SEC reporting and has filed the paperwork in order to do so and become OTCQB as soon as possible. It plans to be listed on the NASDAQ at some point next year.
PPS Target $10
backend.otcmarkets.com
$QALB Now Pink Current Will Become $CSPS Through CUSIP/Name Chg$QALB management has been moving at break neck speed, after having to amend their filings 3 times they are now fully reporting and pink current and have filed and gotten approved a name change to $CSPS which is due to happen by Friday or sooner.
The company has secured all handles for its company on all social media and website alternative names to ensure the security of the company once its fully up and running.
Management has already secured several contracts worth millions of dollars giving the company an immediate evaluation above $3
Many updates are on the way per the company and my PPS target remains at $10
Callisto - Ascending Triangle - Bounce and GoCallisto has broken the last slope, due Bitcoin fall and the price meet a major solid trendline that track the triangle.. bouncing on it!
The price is charging as a spring, compressing on the triangle, to have force to break the big resistance above.
Usually uptrend triangle statistically breake the main resistance about at 2/3, so we are on the way.