DDOG on a 120 minute chart is breaking above narrow Bollinger Bands as they begin to release the squeeze. The relative volailitiy indicator shows red to green and increasing volatility. The price volume indicators show the bullish trend while the TTM squeeze just signaled green. I will tkae a long trade here focused on the price action leading to...
SNOW beat the earnings estimates by 150% and slightly exceeded revenue estimates. Price dropped in printing a bear flag in a 22% move yesterday at the close. Buying from the bottom has begun and I have the idea that I should join. My pre-earnings play was closed going into the earnings in the high liquidity that proceeds it. I got my ask price on that...
SNOW has been running since about the 1st of February. It beat earnings in November by 50%. Right now it is situated at the mean-anchored VWAP where institutions pick up and drop off shares the most. Price is at the lower boundary of an ascending parallel channel and is now about 8% less than the double top of last week at the top of the channel. Price at the...
ADBE and its Creative Cloud is most definitely part of the AI supertrend, It will help creative content work faster and with more creativity. The company has a healthy balance sheet and not a Johnnie Com-elately. As a megacap it does not move fast but it is as steady as it gets. Not to be in the headlines with ARM, PLTR, GOOG, MSFT and a whole bunch of...
Hello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my chart analysis: Since August of 2019 Microsoft stock has been creating a bullish triangle continuation pattern. Recently we saw a breakout above the strong $350 resistance level after which I do expect a retest of the previous structure level and then more bullish continuation...
Artificial Intelligence (AI) is no longer just a futuristic concept or a element of science fiction. A revolutionary transformation in technology has propelled AI into a leading force across various sectors of human life. In this context, looking ahead is not just a trend but a necessity. From healthcare to industrial automation, AI is becoming a key element in...
SNOW on the 4H is seen trending from from earnings in May with the great top line and okay bottom line with a big uptrend into a sideways wide range channel. It is now low in the channel but still above the long term anchored mean VWAP which is the logical stop loss for any long trade setup. Confluent support is the POC line of the visible volume profile with...
As can be seen on the 2H Chart INTA is on pacing over a 350% annualized gain without any major pivots. The volume indicator shows a dramatic increase in volume realtive to the year prior. INTA is capturing alpha consistently in a hypergrowth mode as can be seen by reviewing the earnings beats quarter after quarter. This is clear and obvious entry with...
You better not be afraid of heights, since Intuit is dropping rapidly and we're expecting the course to sink all the way below the $339.36-mark to finish the green wave ideally around the $303.29-mark, before turning the trend back up. In case the stock refuses to sink into a correction and crosses the resistance line at $441.98, our alternative scenario will...
The 2020 low of PLTR is 8.90 which it broke below to make an ABC (A=C) at near 7.21 my max pain zone. Max risk is only at 7.21 but the upsides are 8.90, 16 & 20. VERY GOOD risk to reward ratio. A new Elliott wave cycle may have begun if PLTR holds the green 7.21 zone. Not trading advice
ADSK is a fundamentally really good company. It is nearing a technical breakout over 206-207 area. It can have a ER run up if market stays strong. JUL 29 210C or AUG 5 215C could work.
OLB has been forming a massive wedge on the daily around strong support. Current break of the wedge occured on volume and moved above the volume point of control, which is a massive support once passed. $5.70 would be risk if using POC. Below that if this is a false breakout without confirmation, risk is down to $5, due to the volume desert above the POC, its...
PD is still one of my favorite picks in 2021. The recent sell-off in high multiple names has wrongfully been aimed at PD. PD has a modest multiple when compared to other software names/peers. The stock dipped into the oversold region of RSI and is now just barely above it. Also very bullish that it held the 200SMA. Please look at my earlier PD notes to see my full...
It can go back to $ 33-35 on a bounce. In a good support around $ 30. NYSE:PLTR
Taking a different approach with this one and seeing how accurate the fib channel will prove to be. Whether a fib channel or not, price has been traveling in this channel with some exceptions bottoming out or breaking out. Overlaying volume profile indicates its about to find a base over 228-230 and may make its next move from there.
Fairly straightforward short here back to the bottom of the wedge/pivot point. Income -748M Employees 7900 P/FCF 38.48 (not good) Debt/EQ 14 (incredibly bad) Long Term Debt/Eq 13.73 (Very very bad) EPS this Y -122% EPS past 5Y -52% Sales Q/Q +0.6% Institutions -0.17% (3M) ROE -105% ROI -10% Net Margin -26% Short Float 19.54%
On a 6Month 4h chart vice I believe this stock could break out... I've been in since 1.83 but Im going to try and push up the market a bit with my little bits as well. I'd love to see this stock go to $3+ TSXV:DOC #InvestSmart #TradeSafe #CloudMDSoftwareandServicesINC #CloudMD