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Vertex (VERX) AnalysisTax Technology Leadership: Vertex NASDAQ:VERX specializes in enterprise tax technology for the commercial and manufacturing sectors, enhancing financial outcomes. Recently, they joined Oracle's ISV Accelerator for SaaS Initiative to integrate tax solutions directly into Oracle Fusion Cloud Applications, optimizing finance and sales processes. This strategic move aims to unify functions and amplify benefits for mutual customers. Product Innovation: Additionally, Vertex launched Vertex Accelerator+ for SAP ERP, consolidating their solutions to manage global supply chains more effectively. These innovations are set to expand Vertex's global presence and revenue potential. Investment Outlook: Bullish Outlook: We maintain a bullish stance on VERX above the $29.00-$30.00 range. Upside Potential: With an upside target set at $45.00-$46.00, investors should consider Vertex's market expansion, product innovation, and strategic partnerships as key drivers for potential stock growth. 📊💼 Monitor Vertex for promising investment opportunities! #VERX #TaxTechnology 🌐📈
NASDAQ:VERXLong
by Richtv_official
NVIDIA - Correction after stock split?NASDAQ:NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%. Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance trendline and is repeating another "cycle pattern" like we saw in 2015 and 2019. A correction is simply quite likely. Levels to watch: $120, $50 Keep your long term vision, Philip - BasicTrading
NASDAQ:NVDAShort
by basictradingtv
17
Broadcom - Just be careful...NASDAQ:AVGO is quite overextended and retesting resistance so you have to be careful. Broadcom is rallying. This is a pretty obvious fact, considering that Broadcom is up roughly +330% over the past 1.5 years. Eventually we will see a correction, the only question is when and where. Currently, Broadcom is retesting a resistance trendline which has been pushing price lower for over a decade. Maybe this is a good area to close partials and monitor price closely. Levels to watch: $1.840, $1.140 Keep your long term vision, Philip - BasicTrading
NASDAQ:AVGOShort
by basictradingtv
3
🍌🍌 SUPERMICRO — AI BANANAS RECOVER FROM THE BEARISH HUGSIt’s hard to believe that only a few short years ago, Super Micro stock was trading for $10 per share. Now that it’s hovering near the $1,000 area. And Yes, SMCI stocks are still Top #1 over the all S&P500 components with +217% YTD performance in 2024, and +471% 12-months performance. Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in 1993. Supermicro, Inc., a provider of end-to-end IT solutions for cloud computing, artificial intelligence/machine learning, storage, and 5G/Edge communications, continues to expand its data center portfolio with NVIDIA end-to-end rack cabinet solutions HGX H100 equipped with liquid cooling systems. Supermicro's advanced liquid cooling technologies help reduce time-to-commissioning, improve performance levels, and reduce data center operating costs while dramatically reducing energy efficiency. It is estimated that when using Supermicro liquid cooling systems (compared to air-cooled data centers), data centers save up to 40% in terms of power costs. In addition, direct cooling costs can be reduced by up to 86% compared to existing data centers. In technical terms, SMCI shares are strongly above 26- and 52-weeks SMA, while a classic scenario 'recovering from bearish hugs' is happening right now.
NASDAQ:SMCI
by Pandorra
Nasdaq - We still have to be careful!TVC:NDQ is still retesting resistance after we just saw an expected rally of +75%. More than a decade ago, the Nasdaq entered one of the most profitable and easy to trade patterns: a rising channel formation. In the beginning of 2023 the Nasdaq once again retested the lower support trendline in confluence with a retest of horizontal support and continued its bullrun from there. But currently resistance is ahead so we have to be quite careful and properly monitor price action on the smaller timeframes. Levels to watch: $19.000, $16.000 Keep your long term vision, Philip - BasicTrading
TVC:NDQShort
by basictradingtv
2
NAS100...Historically Bullish With Weekly Sell OpportunitiesNAS100 is and has continued to be a bullish instrument...what this means is that if you have entered on any LOW's on the bigger timeframes, you could have continued to hold forever and still be in profit despite the retracements on the smaller timeframes. There have been great sells in recent times that have provided great profit opportunities, however that requires extreme skill and great patience. While my bias is still towards the buy, I took a sell opportunity based on the fact that the price registered an all time high (ATH) on Friday June 7th, 2024)...This move will end with a HL on a timeframe bigger than the H1, hence creating another buy opportunity towards another ATH. Friday's Sell entry was as follows: Entry: 19105.3 TP: 18904.1 As always guys...I am not a signal service provider and there are trades that I will take an not post as time may not allow, so please do not look to me for guidance as to how I am entering or exiting...this is just for informational purposes only. Important: NAS100 is always bullish, which means, I take Lows to Highs for buys and High to lows for sells. Zig to Zag = Buys Zag to Zig = Sells #auberstrategy #aubersystem #whywewait #zigzagtheory #patience You can check my video profile to see a visual explanation entitled "NAS100...The week Ahead 6/9 - 6/14/2024"
OANDA:NAS100USDLong
by Auberstrategy
AMD - Trading opportunity is almost there!Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already corrected roughly -40% and is approaching a major confluence of support at the $125 level from which we could see another bullish reversal and rally. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
4
Nasdaq - Soon heading to $30.000?Hello Traders and Investors, today I will take a look at the Nasdaq . -------- Explanation of my video analysis: For more than a decade, the Nasdaq index has been trading in a rising channel formation with the last retest of the support trendline being back in the end of 2022. At the moment, Nasdaq is retesting the upper resistance trendline and if we actually see a breakout over the next 2 months, we might see a similar rally of +50% compared to the one which we saw back in 2020. -------- Keep your long term vision, Philip (BasicTrading)
TVC:NDQLong
by basictradingtv
9
DaVita (DVA) AnalysisLeading Dialysis Service Provider: DaVita NYSE:DVA stands as a top kidney dialysis service provider in the U.S., demonstrating strong resilience post-COVID-19. CEO Javier Rodriguez emphasized the company's strengthened position and continued investments in staff and systems. Expansive Market Potential: With 40 million Americans affected by kidney disease, the dialysis market is valued at an impressive $100 billion. DaVita, as a major player, serves a significant portion of the 786,000 people requiring dialysis or transplants annually. Financial Performance: DaVita boasts a robust financial performance with a remarkable 53% Return on Equity (ROE) over the past five years, indicating effective value creation and investor capital management. Investment Outlook: Bullish Outlook: We are bullish on DVA above the $125.00-$126.00 range. Upside Potential: With a target set at $195.00-$200.00, DaVita’s strong market position and impressive financial metrics suggest strong growth potential in this essential healthcare sector. 📊🩺 Stay tuned for promising investment opportunities with DaVita! #DVA #HealthcareServices 📈🔍
NYSE:DVALong
by Richtv_official
Avidity Biosciences (RNA) Analysis RNA Therapeutics Leadership: Avidity Biosciences NASDAQ:RNA is at the forefront of RNA therapeutics with its innovative antibody-oligonucleotide conjugates (AOCs). Its lead candidate, Del-desiran (AOC 1001), targeting myotonic dystrophy type 1, is on the verge of a pivotal trial. Approval could significantly boost earnings. Strategic Partnership: Avidity's partnership with Bristol Myers Squibb, valued at up to $2.3 billion, focuses on cardiovascular targets, expanding their collaboration and enhancing the potential for groundbreaking treatments. Clinical Milestones: A major clinical update for AOC 1001 is expected by mid-2025. Success in this trial could validate Avidity’s platform and unlock significant value. Additionally, the company is developing treatments for Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD). Investment Outlook: Bullish Outlook: We are bullish on RNA above the $24.00-$24.50 range. Upside Potential: With a target set at $34.00-$35.00, Avidity's innovative approach and diversified pipeline present significant growth potential. 📊🧬 Stay informed about Avidity Biosciences for promising investment opportunities! #RNA #Therapeutics 📈🔍
NASDAQ:RNALong
by Richtv_official
Taiwan Semiconductor - Unknown stock with trading potentialNYSE:TSM is one of the rather unknown stocks with an impressive market capitalization of 680 billion dollars. Just a couple of months ago TSM finally broke above a major previous resistance level and confirmed the bullish triangle breakout. Momentum is quite strong so far so maybe we will never see the previous structure again. In this case there is no need to actually chase the all time high. However, a pullback might still be quite likely and this might present an interesting long opportunity in the future. Levels to watch: $130, $100 Keep your long term vision, Philip - BasicTrading
NYSE:TSMLong
by basictradingtv
6
APPLE (AAPL)Apple's innovation shown in iPhone 14 is not likely enough to entice consumers to stretch their budgets in the current macroeconomic environment 40% of Warren Buffett portfolio still belongs to Apple?! for most people and traders I think its a slow asset class and like Tim Apple! sorry Cook ,Warren like to play safe too Apple price showed a good reaction to 135 support and now heading to 149, for Scalpers breaking 150 resistance can be a good long opportunity and for investors AAPL still can back to 125$ levels so there is no reason to fomo
NASDAQ:AAPLLong
by moonypto
2
Meta Platforms - Watch the earnings!Hello Traders and Investors, today I will take a look at Meta Platforms. -------- Explanation of my video analysis: For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta Platforms is retesting the upper resistance of the triangle formation so it is quite likely that we will see at least a short term rejection towards the downside. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:METAShort
by basictradingtv
8
Dow Jones - All time high and 20% rally?Hello Traders and Investors, today I will take a look at the Dow Jones . -------- Explanation of my video analysis: For more than a decade, the Dow Jones has been trading in a rising channel formation. We had the first retest of support and resistance back in 2011 and ever since this was a massively profitable channel pattern. With the recent breakout above the $35.000 resistance level, the Dow Jones clearly looks like the next target is once again the upper resistance of the channel. -------- Keep your long term vision, Philip (BasicTrading)
DJ:DJILong
by basictradingtv
7
Nvidia - Still a correction?Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see an immediate correction of -50%; it is rather important to monitor price action and wait for the right opportunity. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:NVDAShort
by basictradingtv
26
Intel - Reversing to the upside!Hello Traders and Investors, today I will take a look at Intel . -------- Explanation of my video analysis: On the chart of Intel there are actually two major horizontal structure levels which you have to keep an eye on. First of all there is quite strong support at the $26 level and just a couple of months ago Intel rejected this support towards the upside. Vice versa there is resistance at the $44 level, always pushing price lower. As we are speaking Intel is also retesting a minor support so there is the chance to capitalize on a short term bounce. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:INTCLong
by basictradingtv
1
ASIR.N0000📈 Stock ASIR closed at 23.9 on 31/05/2024 🔹 Resistance Level: 25 🔹 200 EMA: 24.8 🔹 Last Friday's candle: Pin Bar The recent pin bar candle suggests a potential reversal, with the 200 EMA acting as a significant resistance level at 24.8. Keep an eye on this stock as it approaches the 25 resistance level. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CSELK:ASIR.N0000Long
by rukshan2102