Rev Growth YoY and FWD are 50 and 23% respectively and 307 and 167% above the sector respectively while PE GAAP TTM and FWD are 71 and 65% below sector! This implies a huge discount in growth. Gross Profit does lag behind the sector by about 12%, but the valuation combined with the outsized growth substantially off-sets this disparity. On a technical note,...
CPE - Fifth time - will break out or not? Met the line of resistance fifth time ! will break out Above the average line 150MA ? Potential of 44% percent up - Long term Only an idea and not a recommendation for trading!
We last looked into Getty Images Holdings (GETY) on April 24 giving a timely sell signal (see chart below) as the price got rejected on the 8.25 Resistance, failing to break above the 1D MA200 (orange trend-line): The stock is forming a Channel Up right now, having broken above the 1D MA50 (blue trend-line) and about to test the 1D MA200 (orange trend-line)....
Breadth has gotten better compared to last week AMEX:RSP vs AMEX:SPY - Equal weight has outperformed TVC:RUT Russell 2k pumping as well, our call on break looking good NASDAQ:NDX looks to have short term topped - most flyers here DJ:DJI hanging on - underperforming assets could be prepping to move 💵 could be moving from high flyers, it seems
Hi Traders, Investors and Speculators of Charts📈📉 Apple AAPL recently made a new ATH after its introduction of VR Headsets. From technical indicators, we can see that there is still a lot of buying strength in this rally which could likely result in the price going even higher. We use the trend-based Fibonacci Extension to get a possible target at roughly...
ASX:SPQ Potential move to Z2 (Zone 2), due to increasing bullish volume, interest from retail, and organisational bodies. I don't think we'll see major moves in share price until we get some interesting market news. Top 20 Holders have remained the same over the last 2 years, current price reduction represents retail investors cutting losses. Despite having...
Currently retesting lows for the 3rd time and showing bullish divergence. Nearing earrings and a breakout point, fib targets on chart.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Tesla stock is currently retesting quite strong previous weekly structure which is now turned resistance at the $220 level. However you can also see that the weekly moving averages are finally crossing bullish, weekly market structure...
As we predicted earlier in the short-term forecast, the Sp500 index reached 4300 points, although not many people believed in it. Now there is euphoria and the FOMO effect: money from private investors has already flowed into US stocks. There is extreme greed in the market! And how greed ends in the market - all more or less experienced investors know ... ...
Apple is coming down from 2022 highs, but drop is in seven swings so can be a corrective move that is now coming down into interesting support at $110-$120. Notice that the current leg down from $150 is coming from a triangle, so a correction can be in late stages as triangles occur prior to the final leg of a higher degree structure. A bounce in impulsive...
decent long term hold, that pays dividends. long term bullish for natwest, in a fallen wedge, that break to the upside 68% of the time, i could see a small pull back to 240, worse case would be a pullback to 206 happening before a major rally, nfa dyor
It's been 10 months since we last analyzed Shopify Inc. (SHOP) and called for a $60 target (see chart below): The stock recently hit that level and we now see that it's trading within a Bullish Megaphone/ Channel Up combo pattern. With the 1D MA50 as its Support and recent strong fundamentals, we now set the next medium-term target at $75.00 to fill Gap 3....
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
Save time. Technical Analysis in just a few words. Daily Timeframe. AAPL is currently developing a bigger 3rd Wave on the upside. Long term direction: LONG It looks like Wave 3 is still unfolding on the upside. A correction will come soon, then a final Wave 5 will push on the upside (probably by the end of the year). That's it. Have a nice day! DISCLAIMER: The...
What costs $3500 and leaves the user vulnerable to being pranked from ‘friends’ whilst wearing it? Yes, Apple’s augmented reality headset, which comes in ~3x more than one made by Meta. You can read up on all its features and Apple’s latest announcements elsewhere. As what we’re focussing on today is that Apple’s stock closed lower on the day it unveiled its...
Tesla (TSLA) has broken above 2.16.2023 peak at 217.65. The stock now shows a bullish sequence from 1.6.2023 low favoring further upside. Near term, cycle from 5.24.2023 low is currently in progress as a 5 waves impulse with extension Elliott Wave structure. Up from 5.24.2023 low, wave ((i)) ended at 204.48 and dips in wave ((ii)) ended at 195.12. Internal...
33,111 Support on the Weekly Timeframe 34,092 Resistance on the Weekly Timeframe With Monday Daily candle close, we have just created a Daily resistance zone at 33,760 32,856 is the nearest Daily Support Zone After the market pumped up +2% last Friday, we can observe a -.61% down Monday. The Market has been ranging for 6 months plus. I think we will continue to...