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Can the run continue?When the model signaled buy late last month I will admit I didn't think it would be one of the better positions but to my surprise it has. We don't trade on narratives or fundamental analysis so we have no explanation for the move but the question is where from here? We would like to see it fill the earnings gap but nothing moves in a straight line. We can expect some chop potentially but as long has it holds $49 it will remain in the portfolio Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NASDAQ:INTC
by IngenuityTrading
2
Israeli Lidar Startup Innoviz in Talks to Merge With SPAC CGROIsraeli Lidar Startup Innoviz in Talks to Merge With SPAC Innoviz Technologies Ltd., an Israeli startup focused on lidar, laser sensors used in autonomous vehicles, is in talks to go public through a merger with Collective Growth Corp., according to people with knowledge of the matter. Collective Growth is seeking to raise $100 million to $350 million in new equity to support a transaction that’s set to value the combined entity at $1 billion or more, said the people, who requested anonymity because the discussions aren’t public. Terms could change as a deal isn’t finalized, and it’s possible talks could fall apart, one of the people said. Collective Growth, the Austin, Texas-based special purpose acquisition company, is led by Chief Executive Officer Bruce Linton, who is known for co-founding Canopy Growth Corp., a cannabis producer. Collective Growth raised $150 million in April and said at the time it would focus on target businesses in any industry or geography. Innoviz’s investors include Samsung Electronics Co., SoftBank Ventures Asia and Phoenix Insurance Co., among others A SPAC merger has become an increasingly popular method for closely held companies to raise growth capital. www.bloomberg.com
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by AlenCiken
1
Stem, Inc. to become publicly listed through SPAC company STPKStem, Inc. to become publicly listed through business combination with Star Peak Energy Transition Corp. (NYSE: STPK). • Stem, Inc. – Market Leader in AI-Driven Clean Energy Storage Systems – to Combine with Star Peak, Creating First Public Pure Play Smart Energy Storage Company • Founded in 2009, Stem is an energy storage leader that offers customers a complete solution of integrated battery storage systems, network integration and battery optimization via its proprietary AI-driven software platform called Athena™. • Transaction to provide up to $608 million in gross proceeds, comprised of Star Peak’s $383 million of cash held in trust, assuming no redemptions, and a $225 million fully-committed common stock PIPE at $10.00 per share, including investments from funds and accounts managed by BlackRock, Van Eck Associates Corporation, Adage Capital Management, L.P., Electron Capital Partners, and Senator Investment Group. • Following the expected first quarter 2021 transaction close, the combined company will have an estimated equity value of approximately $1.35 billion and will remain listed on the New York Stock Exchange under the new ticker symbol “STEM.” • Stem’s energy storage systems address a $1.2 trillion market opportunity , and offers investors a unique ESG opportunity to invest in a pure play clean energy company helping to revolutionize the electric grid. www.businesswire.com stock
SLong
by AlenCiken
4
Patience pays off #stocksThe Model had great trade location in early november but has been a slow burner for a stock with high volatility. We got a big move today and we think the earnings gap is in play Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NYSE:FSLY
by IngenuityTrading
Our plan going into earnings next week #stocksWe were burned by Salesforce but were rewarded by Crowdstrike. The Model has us long equities across the board so we are willing to continue to take the earnings risk. ADOBE has been best in breed Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat
NASDAQ:ADBE
by IngenuityTrading
NSCO soars after $1.5 billion acquisition deal and equity investNesco Holdings To Acquire Custom Truck One Source And Create Leading Specialty Rental Equipment Company In Partnership With Platinum Equity Nesco and CTOS are leading providers of specialized truck and heavy equipment solutions including rental, sales and aftermarket parts and service. Platinum Equity, the premier financial sponsor in the specialty rental equipment industry, has committed to invest over $850 million in Nesco in exchange for newly issued common stock at a price of $5.00 per share and will hold a majority interest in the combined company Nesco lead investors, Energy Capital Partners and Capitol Investment, and existing CTOS lead investor, Blackstone, to remain ongoing shareholders in partnership with Platinum Equity Combination significantly reduces leverage, includes material synergies and substantially enhances both corporate and public market liquidity With complementary business lines, customer bases and capabilities, the combination is expected to yield significant benefits from increased scale, breadth of product and service offerings and expanded geographic coverage. existing CTOS shareholders are expected to invest approximately $100 million into Nesco in exchange for newly issued common stock also at the same price as Platinum. After the closing of the CTOS purchase, which is expected to occur in the fist quarter of 2021, Platinum is expected to own approximately 57% of Nesco's outstanding stock, following an additional equity investment of up to $200 million from Platinum. finance.yahoo.com www.marketwatch.com
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by AlenCiken
Tredegar Board Declares Special Dividend of $5.97 Per ShareTredegar Board Declares Special Dividend of $5.97 Per Share The Special Dividend is payable on December 18, 2020 to shareholders of record at the close of business on December 11, 2020. The Special Dividend is a direct result of our strong cash generation that resulted in cash in excess of debt of $28 million at September 30, 2020, which increased further at the end of October with the closing on the sale of our Personal Care business for estimated net proceeds (after transaction costs, purchase price adjustments and transition services) of $45 to $50 million. the distribution of excess cash is being supplemented by borrowings under our revolving credit facility, which has a maturity date in June 2024, thereby allowing us to prudently use financial leverage in a low interest rate environment while also preserving available capital to meet the needs of our business units." finance.yahoo.com
NYSE:TG
by AlenCiken
TIGR set to run wild! Long term and near term views...NASDAQ:TIGR is setup to rebound on support and make a play to the upside for a lengthy uptrend that should continue til next earning release around early March 2021. Below I will show you the Big picture and the Near term Picture.... BIG PICTURE TIGR is in a weekly and daily channel from 6 months ago to now and is headed to the lower band of that channel but has strong support near 5.50, 5.50, 4.75, 4.50, 4.25 and 4. Let's start with the WHY will it rebound?!? This is the robinhood of china and just had an earnings blowout last week. Absolutely amazing earnings of 130+% for users, rev, net profits. China just dumped 30 Billion into their market this week as QE. There is no slowing down for this company any time soon as they are valued at having customer counts in the single digit millions and in an asian market they have virtually unlimited customers to gain locally. The stock took a hit with profit taking and lack of catalyst after the huge earnings but the value still remains. now becoming oversold and undervalued this company is ripe for a large lengthy upside into next quarters earnings. The channel has upside to 9.00 and downside to 4.75 so @ 5.50 this is a STEAL. NEAR PICTURE 6 month, 3 month, 1 month uptrend embedded readings, 1 week pull back (retracement) signaling profit taking from last quarter. CATCH the wave and ride long my friends.
NASDAQ:TIGRLong
by TheStockMarketSniper
1
NASDAQ Undervalued Underdog ZKIN. 300% potential!ZKIN is a NASDAQ Stock which has good fundamentals, good increasing financial reports and has a very interesting outlook for the both short and long term price action. They focus on Water Pipe industry with the use of Blockchain . So the fundamental site of this stock is pretty good, but how about the technical aspect? First thing that I would like to mention is that the price has been hovering in range from $2.00 to $1.00 for over 1,5 year and last week has finally manage to break the weekly key resistance located at $2.00 by a full weekly candle from the bullish channel. The price seen strong demand spike from $0.65 from which the overall uptrend has started and after double bottom at $1.05, the current bullish channel which is currently breaking out was formed. The issuing price of ZKIN was around $8 and it’s very undervalued currently, 400% potential only to the issuing price. Looking at RSI , it broke to a new high by 7 points which is very good for the bulls. When we look at MACD, we can see that it’s currently on a buying wave and buying volume is still increasing. 20 and 50 Weekly EMA’s given a long term buy signal. Exceptionally strong volume has been seen previous week , over $33 million dollars. Upcoming strong resistance levels $2.40 $3.15 $4.00 $5.00 $6.00 $6.70 $8.00 - Target 300% $9.00 $11.00 Good luck with this idea!
NASDAQ:ZKINLong
by TiborVrbovsky
1
Roku growth over last 18 months!Evening traders Ive been using a follow trend based strategy for the last six months mainly for Forex trading. This strategy script works with Forex pairs, indices, stocks and crypto. It's not until recently I've discovered the potential for using this script on stocks for potentially building long term stock portfolios via following the trend based script. Another great example to my earlier Tesla idea and review is this Roku stock growth via following the the stock on the one week time frame. As you will see the strategy presented a 'buy' signal in March 2019 and Roku stock has since gone on to grow by 300% For any further information on the strategy I'm using please feel free to message me.
NASDAQ:ROKULong
by RichScott
The power of this Strategy for long term stocks investingHello Traders Hope you are all enjoying the weekend. I just wanted to share a series a stocks trades I am reviewing which have proved to be successful by using the trend based strategy software I use. The strategy in use I am utilizing mainly on Forex pairs but can be used on stocks as well as indices and crypto. The example you see here is working the one week time frame on Tesla stock. Now as we all this stock has climbed and climbed this year but the trend strategy in use picked the potential upward trend as early as last year and presented a buy signal. The stock has gone on to grow 700%. This could be a very valuable tool for long term stock trading, stock picking and for growing portfolios. For any more information on the strategy I am using please feel free to message me.
NASDAQ:TSLA
by RichScott
XL Fleet Expects its Largest Partner to Double Orders in 2021XL Fleet Expects its Largest Partner to Double Orders in 2021 Farmbro Inc. (“Farmbro”), an Ontario-based upfitting solutions service provider specializing in commercial and work vehicles, expects to double its sales volume from approximately 1,000 XL unit installations in 2020 to over 2,000 in 2021 to meet the increasing demand for fleet electrification in Canada. As part of its expanding partnership, XL Fleet is recognizing Farmbro as its Sales and Installation Partner of the Year for 2020. Farmbro is a member of XL’s Sales and Installation Partner network, the Company’s comprehensive go-to-market channel for selling and installing the thousands of electrification systems it has deployed in fleet vehicles throughout North America. “Farmbro has been an exceptional partner for XL Fleet, as we have greatly expanded our reach into the Canadian fleet market over the past 18 months,” “Demand in Canada for vehicle electrification has skyrocketed in recent years as both government and corporate initiatives on carbon reduction have become a priority for fleets,” www.xlfleet.com
PLong
by AlenCiken
XL Fleet Expands XLP™ Plug-in Hybrid Electric Drive SystemXL Fleet Expands XLP™ Plug-in Hybrid Electric Drive System For Use in Multiple GM Fleet Applications The platform is expected to begin shipping on select configurations of the Chevrolet and GMC Silverado / Sierra 2500 HD and 3500 HD pickup trucks in the first quarter of 2021, and on Chevrolet and GMC 3500 and 4500 cutaway chassis in the second quarter of 2021. The Company’s newest product offering expands its growing lineup of plug-in hybrid electric drive systems, which can improve fuel economy by increasing miles per gallon by up to 50% and reducing CO2 emissions by approximately one-third compared to traditional gas-powered vehicles. XL’s ability to electrify a wide range of commercial applications from the world’s leading vehicle manufacturers allows us to immediately serve this market with proven, high performance vehicles that are already designed and specified for the rigorous duty cycles of fleets." By leveraging our experience with over 200 customers and utilizing proprietary data from nearly 140 million customer miles driven, we are uniquely positioned to quickly and efficiently develop solutions for applications with significant demand XL remains on track to complete its previously announced merger agreement with Pivotal Investment Corporation II (NYSE: PIC), a publicly traded special purpose acquisition company, in the fourth quarter of 2020. Upon closing, the combined company will be named XL Fleet Corp. and is expected to remain listed on the New York Stock Exchange under a new ticker symbol, "XL". finance.yahoo.com
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by AlenCiken
2