Get started

Stocktrading

INFOSYS (INFY) Big Bullish Move is coming soonFundamentals of Company 1. Consistent Growth of Company & Increasing Profits Year on Year 2. Great to Fair Valuation 3. Strong Big Players Holding 4.Robust management 5.IT Sector is Outperforming & Flourishing Technical Factors for Buying 1. Completion of Accumulation & Formation of HH + HLs on Daily & Weekly TF 2. Retest of major breakout completed 3. Bullish pattern Formation on Daily TF on 7 Mar 24. 4. Wick & Strong rejection on Weekly TF 5. All Momentum & Price based Indicators are also in buying direction
NSE:INFYLong
by Wealthy_Vikish
1
SPLK | Splunk & CiscoShares of Splunk were up 21.3% as of 1:10 p.m ET Thursday after the data analytics and observability specialist agreed to be acquired by Cisco Systems More specifically, on Thursday morning Splunk announced it has entered into a definitive agreement under which Cisco will acquire the company for $157 per share in cash a roughly 31% premium from Wednesday's closing price. The deal places an equity value on Splunk of approximately $28 billion. "We're excited to bring Cisco and Splunk together," said Cisco CEO Chuck Robbins in a statement. "Our combined capabilities will drive the next generation of AI-enabled security and observability." Splunk, for its part, was already up nearly 40% year to date leading into the announcement, helped by a post-earnings pop last month after the company delivered significantly stronger-than-expected fiscal second-quarter results. At the time, Splunk CEO Gary Steele highlighted his company's focus on accelerating innovation as a key beneficiary of the rise of artificial intelligence stocks. The acquisition has already been unanimously approved by both companies' boards of directors, but still requires the approval of regulators and Splunk shareholders. Assuming all goes as planned, the transaction should close by the end of the third quarter of calendar year 2024. Cisco believes the purchase should be cash-flow-positive and gross margin accretive in the first fiscal year post close, and accretive to nonGAAP earnings per share in the second year. Splunk stock is trading at a modest 7.7% discount to the agreed purchase price. So given the cash nature of the deal -- and unless waiting longer to sell might qualify you for long-term capital gains tax rates on your profits -- I think most Splunk shareholders would do well to take their money and put it to work in any number of other promising stocks. SPLK is super bullish because its passed 50 and 200 EMA and also it broke 109$ resistance as well, the volume and most indicators are bullish too
SLong
by moonypto
NVDIA: Is it finally correcting?NVDIA Corporation is having a -5.50% day so far and that was enough to make the 1D timeframe not overbought again (RSI = 69.907, MACD = 67.840, ADX = 37.914) for the first time since February 21st. On the 1W timeframe though it remains vastly overbought (RSI = 89.349), which means that on the long term the stock has considerable room for a downward correction. However on this 1D chart, there are no signs of a bigger correction yet, just a 'standard' -21% to -26%, which gives a short term target on the middle of the 18 month Channel Up (TP = 775.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:NVDAShort
by InvestingScope
NYKAATechnical Data 1.Accumulation Phase of About 1 Year 2.Increased Volume during Accumulation Phase 3.Big Breakout on Weekly TF with Big Volume 4. Retest of This phase is also done 5. Price Respected Breakout zone of 150-155 6. Rejection & Buying Confirmed on Weekly TF Fundamental Data Analysis 1.Company is posting Increased Quarterly Results 2.Fundamentals & Company management is strong 3.Big Institutions also increasing stakes continuously 4. Kind of monopoly listed player in Market (Study BSE for monopoly listed player) 5. Consistently growing business & market share Buy at CMP @155-157 SL- @135 Target 1-310 (100% Returns) Target 2 - 410 (More than 150%) Time Period- Next 6-12 Months
NSE:NYKAALong
by Wealthy_Vikish
1
TESLA: Bottomed and has huge upside potential.Tesla got almost oversold technically on the 1D timeframe (RSI = 36.047, MACD = -6.760, ADX = 34.229) as it made a new 10 month Low trading under both the 1D MA50 and MA200. The 1D CCI though is reversing, being traded inside a Channel Down. The previous two times this pattern emerged, Tesla formed a bottom. In November-December 2023 , the price rallied by +35.91% and in May-July 2023, by +97.38%. This gives us a buy opportunity with a huge upside potential, a short term target (TP = 235.50) and long term (TP = 340.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
2
ASI Weekly Chart Update - 07/03/2024ASI touched 11000 level after few weeks. This is a critical level and it needs to close upper trend line in this triangle pattern. 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:ASI
by rukshan2102
AMD: Start selling. Top this or the next week.Advanced Micro Devices is excessively overbought both on the 1W (RSI = 82.711) as well as on the 1D (RSI = 74.269, MACD = 10.910, ADX = 31.889) timeframe. Since the October 23 2023 Low, which was a 1W MA50 HL of the long term Channel Up, the stock price has risen by almost +130%. The previous HL-to-HH Bullish Leg made a +143.89% rise. We are very close to that level, so we expect the stock to price its new top this week or the next. In addition, the 1W CCI has been trading sideways but above the overbought limit since November, similar pattern as the sequence that led to the June 2023 peak. It is worth to start selling now, targeting close to the S1 level (TP = 165.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMDShort
by InvestingScope
1
LSXMA - Good Upside PotentialLSXMA broke the parallel channel that was holding the price since November 2022 after making a double bottom with the March 2020 low, I also liked the fact that the 2D SMMA was also broken, after having served as resistance since January 2023 and it is currently retesting it, and as if that wasn't enough to be bullish, LSXMA had a bullish divergence on the RSI on the weekly time frame. I believe that if the LSXMA price holds above the parallel channel (SMMA), it could be the beginning of a new up trend, and could give good gains in the medium term.
LLong
by The_Trading_Wizard_
CSE - Monthly ChartCriteria for another Bull market in Stock market of Sri lanka 1. Need to close few more Green candles above 9150 in monthly chart & It should protect 21 EMA in monthly chart 2. RSI should be more than 50 in monthly chart 3. Finally monthly candles should break strong resistance level 10650 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:ASILong
by rukshan2102
Easing Inflation Rate Spurs Optimism for a Bullish Trend?Hi Realistic Traders. Here's my price action analysis on the S&P 500! The CBOE:SPX has convincingly breached the double bottom, presenting a compelling signal for a potential bullish reversal. The price trajectory exhibits a sustained upward movement, concurrently shaping a continuation pattern recognized as the Descending Broadening Wedge Pattern. As this pattern unfolds, a subsequent breakout from the descending broadening wedge provides robust confirmation of a conceivable upward trajectory toward the specified target area. Beyond the prism of price dynamics, the oscillator has undergone a significant golden cross, adding another layer of confidence to the outlook and signaling the potential for a bullish market trend. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Recent Announcement of the Inflation Data - In October 2023, the annual inflation rate in the United States decelerated to 3.2%, marking a decrease from 3.7% observed in both September and August. This figure also fell below market forecasts of 3.3%. - The annual core consumer price inflation rate in the United States, excluding volatile items such as food and energy, exhibited a marginal decline to an over two-year low of 4% in October 2023, down from 4.1% in the preceding month. Contrary to market expectations, which anticipated stability at 4.1%. - The unexpected deceleration in inflation has fostered the anticipation that the Federal Reserve's assertive tightening cycle may have concluded. This development is instilling optimism for a bullish scenario in the market. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on CBOE:SPX ." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
SP:SPXLong
by financialfreedomgoals101
4
MYO a Stock I randomly pulled up and conducted some R/AR/A = Research and Analysis This stock just randomly chose to after looking at a few robotics stock. I went through a few stocks to show how I conduct my R/A and wanted to see if I could find some ideas and themes to trade. A stock that got selected was MYO. MYO is a company that sells robotic arms to people regain function in their arms and hands. Their product is called MyoPro. This stock might be able to push higher in the longer term (maybe in 2025). The technicals are not good on it. The fundamentals aren't also. And there is almost no sentiment on this stock because there is close to 0% PR on here, expect some articles talk about price movement. But, something that I saw that caught my eye is an individual in Australia used their product, was able to get their function back, and was able to benefit from the Nation Disability Insurance Scheme (NDIS) in Australia. Another that caught my eye is they are attempting to get their product approved for claims for Medicare Part B beneficiaries. If this is approved, the stock might be able to push above the $1 lvl and maybe push above the $2. So, this stock might have some promise. For now, I wouldn't get in because of the state of the economy, high inflation, and rates increasing. There are also the negatives aside from this stock almost collapsing, which is it's competitors and technologies such as Neuralink from Elon Musk. I am not in this stock and highly likely I won't get in. This is just some research I have done and I am seeing where price is going to move and to see if I am correct.
AMEX:MYOLong
by DollarSaenz
2
🛒📈 Kroger (KR) - E-commerce Investments and Growth! 💹🔍📊 Analysis: Strategic Investments: Kroger is noted for strategic investments in e-commerce. Revenue Growth: Focus on personalization, digital coupons, and strong e-commerce sales. Dividend Yield: Attractive 2.3% dividend yield outperforming the S&P 500. 📈 Bullish Sentiment: Entry: Suggested entry above the $42.00-$43.00 range. Upside Target: Aiming for an upside in the $58.00-$60.00 range. 🌐 Note: Monitor market dynamics and investment trends! 🚀📈 #Kroger #StockAnalysis #EcommerceGrowth 💰🛍
NYSE:KRLong
by Richtv_official
WALMART Forming a peak pattern. Correction possible.Walmart is technically bullish on the 1D outlook (RSI = 66.294, MACD = 1.320, ADX = 41.735) but has reached the top of the 18 month Channel Up. With the 1D RSI Double Topped inside the overbought zone, the current price is increasingly unstable and the rally since the December 11th 2023 HL unsustainable withouth a correction. The three main pullbacks inside the Channel Up have been within the -10.20% and -11.92% region. A new -10% correction would test the 0.236 Channel Fib and come close to the 1D MA200. That is our target (TP = 54.50). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NYSE:WMTShort
by InvestingScope
1
PODDDoes look bullish. OverSold on daily, Golden pocket, KDJ Bullish. If we go past my target or hold that level and not go down, it's full continuation of Bull for this stock. Insulet (NASDAQ: PODD) stands as an innovative medical device company committed to enhancing the lives of individuals grappling with diabetes and related conditions through its groundbreaking Omnipod delivery system. PODD mission is deeply rooted in personal experiences, with many of us directly impacted by diabetes. They advocate for their customers, affectionately known as Podders, and the broader diabetes community.
NASDAQ:PODDLong
by Achilly
"PANW" Palo Alto Networks - Insider TradingPANW is being bought by US Parliament member Nancy Pelosi, she bought twice in past month. The current price is in perfect Golden Zone on Daily chart. If we go past ATH there is no actual telling where it will go up to next, we might just move sideways for now to reset RSI or even start moving up at any time. But it also might just drop down a bit. Palo Alto Networks, a cybersecurity company that provides advanced firewall and cloud security solutions. Palo Alto Networks offers a range of products and services aimed at protecting organizations from cyber threats, including next-generation firewalls, cloud security, endpoint protection, and threat intelligence services. The company is known for its focus on innovation and its commitment to helping businesses secure their digital assets against evolving cyber threats.
NASDAQ:PANWLong
by Achilly