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Sell-signal
SNOW price target after Disappointing Growth ForecastSnowflake is facing strong competition from Microsoft's Azure and Amazon's Web Services.
Snowflake expects product revenue for fiscal 2023 to grow between 65% and 67%, lower than 2022's 106%.
In Q4 SNOW posted total revenue of $383.8 million, beating analysts' average estimate of $372.6 million.
In 2021 they had 592Mil in revenue and negative earnings of 539Mil. The market cap was 81.075Bil yesterday.
SNOW Snowflake went public in September 2020 at $120 a share.
After the Disappointing Growth Forecast and a head and shoulders bearish chart pattern, my price target is $185!
Looking forward to read your opinion about it.
NAS100 Will be decided at 14 500?🤷♀️📈🐱🏍14 500 was resistance now turned support. Will it retest the new support and go up to 14 850?
I hope you can see my trend in trend in trend analysis. 😂🤣😂🤣💃😋👌 I know it's messy.
Please share your thoughts below in the comments.
LETS GO!!! Secure the bag!! 💰💰💰🤑🔥🤑🔥🔥💃😋✔
SHOP Shopify Price TargetsSHOP Shopify is not a negative earnings growth stock, but a strong company with a 27.47 EPS and a Price per Earnings of 36.70.
But will the impressive earnings continue on February 16th, when they report?
From my experience having an Shopify store, their fees combined with Paypal`s commissions are killing me. :)
So maybe i am a little bit bias targeting $715 and $531 price per share.
Looking forward to read your opinion about it.
IRDM Iridium Communications Price TargetARK Invest is selling IRDM Iridium Communications for some time now. They timed the PayPal and Facebook selloff perfectly, so i expect they did the proper research before selling IRDM too.
In this case, my price target is the 28usd support level.
Looking forward to read your opinion about it.
PINS Pinterest Price TargetAfter Meta Platforms issued a first-quarter revenue outlook below expectations, investors in Pinterest, which will report earnings Thursday, expect the same outcome.
My price target is the $17.50 strong support level.
So if you missed the $19 per share IPO price, and you consider it fair valued, this quarter you might have the chance to buy PINS at the same price.
PYPL ARK Invest sold PYPL ahead of EarningsYesterday Ark Invest sold more than 23K shares of PYPL just before the upcoming earnings this week.
Most likely today will do the same, since they tend to continue a buy or a sell trend.
The options are slightly bearish too, with more puts than buys recently.
PayPal (PYPL) is expected to earn $1.12 a share on sales of $6.89 billion.
With the rise of so many payment companies with low fees, and also banks who want to keep up with the new fintech, i wonder how PayPal can still have such a high PE Ratio (TTM) of 41.34!
My day to day experience with PayPal as a merchant makes me consider it an extremely expensive way of payment compared to others.
Considering the chart, fundamentals and current market conditions, my price target is $124.
Looking forward to read your opinion about it.
BTC.D Anticipating a strong rise in BTCThe altcoin index has fallen to 35 and continues to decline towards the Bitcoin season.
Bitcoin dominance maintains its level and returns to previous values.
The fear and greed index is still in the red zone, but there is a possibility of a quick transition to the growth zone.
ETH - Keep Calm - Consolidation TimeI did predict in my TA on 4H charts at very beginning of November upcoming at least 2800 support level & most of people politely smiled back to me. Well… finally we are here, @ 2800 level crossed over.
In my TA on 4H charts it means only one - Consolidation time.
Prices still going to bounce up & down for a while and some fake breakouts going to happen up & down.
At some point it could be fake breakout and price “pushed” to 2000 level by “whales” to create panic and cash in on it. Psychology+ Panic= Profit . Some people going to loose money in the panic and my advice would be only one: PATIENCE!!!
Support level @ around 2800 has “history” from the beginning of 2021 and is not going to be cleared up over night.
Uptrend is coming and it is not going to happen over night.
KEEP CALM and DON’T PANIC !!!
GBPUSD Channel (daily chart) 2 Jan 2022The price action created an accumulation of candles on top of a horizontal support area that energized bulls and pushed the price significantly higher. However, one reason for that to happen is the BoE's decision to increase interest rates in December 2021.
I expect the price to make a cluster of bullish and bearish candles, now that it neared the upper bound of the downtrend channel.
FX:GBPUSD
Happy New Year to everybody and may the Godmother of forex trading bring all a zillion of pips.
GBP/AUD - Approaching Key Near Term Resistance!Price is currently residing around the 1.89 level which has proven to be key resistance in near term price. We do have a 200 pip upside risk represented by 2021 highs. Stochastics in overbought territory could indicate a potential retracement on the strong upside move. Today we have already filled the average daily pip movement!
The Pennant Is Broken! EURUSD Daily Chart 03 - 30 January 2022A new year has begun and the bulls are already leading having broken the pennant on the daily chart. If they are serious then our next stop is either any point on the downtrend line or the 1.1500s. Also, we must take note that the Build Better Bill fate is extremely uncertain and if it fails then we expect the euro to gain a lot of ground.
USOIL short US oil just gave us a sell signal, as it looks like, in the 4 hours frame time.
we have a significant rejection with volume, what chart is telling us here is that get ready something will happen,
and I am sure that price will drop and sharply, it may sideway first but surly it will drop.
and now is a really good time to sell.
if we gave a look to the HMAs we would see them pretty far from the price, and it definitely can't stay that way for a long time, retests on them are a sure thing.
BTCUSDT 4H short-term forecastBTCUSDT 4H short-term forecast from Wunderbit trading
Support level based on volumes
The strong preponderance of long with shoulders compared to short walls. Exchanges always knock out such walls.
The expectation of a short-term upward rebound, possibly entering the red zone on the chart. Growth to create a trap.
BTC.D. Will there be a bitcoin season?BTC.D. forecast from Wunderbit trading
Rising lows on the RSI. There is a high probability of a rebound from the support line.
The alt season index has changed its direction towards the Bitcoin season. If the domination of bitcoin keeps support, then we are waiting for the bitcoin season.
The fear index starts to rise. After the red zone, Bitcoin often begins to grow.