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PALANTIR: Extremely overbought. High probability sell to $40.Palantir is vastly overbought on its 1D technical outlook (RSI = 79.771, MACD = 3.330, ADX = 33.075), even the 1W RSI is on extreme levels (80.789) and that alone would be a good enough reason to sell. The picture gets even clearer on the 1W timeframe where the price has almost reached the top of the 2 year Channel Up, having completed a +241.84% rise from the January 2nd 2024 bottom and almost +172.53% rise from the August 5th bottom. Those are the symmetrical rally levels from the December 27th 2022 and May 1st 2023 Lows respectively. The result on that HH rejection was a test of the 0.382 Fibonacci level. That is our target (TP = 40.00). 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. ##
PShort
by InvestingScope
Navigating the Surge: Entry Now or Await a Pullback ?Overview: NVIDIA Corporation (NASDAQ: NVDA) Current Price: $146.43 (as of November 7, 2024) Sector/Industry: Technology / Semiconductors NVIDIA has experienced a significant surge, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile? Key Levels and Price History 52-Week Range: $108.13 - $146.43 One-Month Range: $130.25 - $146.43 Support Level: $135.00 Resistance Level: $150.00 Upcoming Dates to Watch Next Earnings Date: December 15, 2024 Dividend Payment Date: December 20, 2024 Ex-Dividend Date: December 5, 2024 Valuation and Metrics P/E Ratio: 65.55 (above industry average) Free Cash Flow: Recent Quarter: $1.5 billion TTM: $6 billion Dividend Yield: 0.02% Institutional Holdings: 70% Short Interest: 3% of float Recent Price Action & Technical Indicators Weekly Trend: +5% Monthly Trend: +10% RSI: 68 (approaching overbought territory) Moving Averages: 50-Day: $140.00 200-Day: $125.00 MACD: Positive divergence, indicating upward momentum The RSI nearing overbought levels suggests caution, as a pullback may be imminent. Comparative Valuation P/E Ratio (NVDA): 65.55 vs. Industry Average: 30.00 P/B Ratio (NVDA): 20.00 vs. Industry Average: 8.00 EV/EBITDA (NVDA): 40.00 vs. Industry Average: 15.00 NVIDIA's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts. Growth & Financial Health Revenue Growth (3-Year CAGR): 25% Projected Revenue Growth (Next 2 Years): 20% annually Debt-to-Equity Ratio: 0.3 (moderate leverage) Cash Reserves: $10 billion Current Ratio: 2.5 Notable News & Social Sentiment News Highlight: November 6, 2024 – NVIDIA announced a strategic partnership with a leading cloud provider, boosting investor confidence. Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about NVIDIA's future prospects. Competitive Comparison Advanced Micro Devices, Inc. (AMD): $145.07, P/E 40.00, Revenue Growth 30% Intel Corporation (INTC): $24.95, P/E 15.00, Revenue Growth 5% Investment Analysis: Entry Now or Wait for a Pullback? 1. Entry at $146.43 (Current Price) Target Price (TP): $160.00 Potential Upside: $160.00 - $146.43 = $13.57 Percentage Gain: ~9.27% Stop Loss (SL): $135.00 Potential Downside: $146.43 - $135.00 = $11.43 Percentage Loss: ~7.80% Risk/Reward Ratio: 9.27% (reward) / 7.80% (risk) ≈ 1.19 Entering at $146.43 offers a moderate risk/reward ratio, with potential gains slightly outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach. 2. Entry at $135.00 (Wait for Pullback) Target Price (TP): $160.00 Potential Upside: $160.00 - $135.00 = $25.00 Percentage Gain: ~18.52% Stop Loss (SL): $125.00 Potential Downside: $135.00 - $125.00 = $10.00 Percentage Loss: ~7.41% Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50 Waiting for a pullback to $135.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach. Price Forecast Scenarios Optimistic: $160.00 (assuming continued bullish momentum) Neutral: $150.00 (aligning with current resistance levels) Pessimistic: $125.00 (testing lower support levels) Conclusion NVIDIA's recent performance reflects strong growth and positive market sentiment. Aggressive Entry (Today's Price, $146.43): Offers potential for short-term gains but carries higher risk due to near overbought conditions. Conservative Entry (Pullback to $135.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach. Verdict: While both strategies have merit, waiting for a pullback to $135.00 offers a more balanced entry point, allowing investors to capitalize on NVIDIA's growth potential with reduced risk. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
NASDAQ:NVDALong
by exlux
TESLA: Hit the July 2023. Doesn't look it will stop before $400.Tesla is approaching the overbought state on its 1D technical outlook (RSI = 68.976, MACD = 8.690, ADX = 38.748) but the 1W chart still on healthy enough levels (RSI = 63.761) to keep fuelling the uptrend despite today's enormous +15% rise approximately. The reason is that the double testing and hold of the 1W MA50 in October kickstarted Phase 2 of the bullish wave of the 2 year Channel Up. That can keep rising until the 1W RSI is well overbought. The first bullish wave completed a +194.25% rise at the top of the Channel Up, so there is no reason to expect otherwise on the current wave also. That is our long term target (TP = $400). 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:TSLALong
by InvestingScope
1
Linde plc | LIN Linde, Timeless Excellence Linde is a timeless business with even better stability than other basic materials businesses. The company works in gases and has a near-unbroken EPS growth record of 8% annually Linde is a market leader, and if you invest in the company, you're investing in the world's largest company for industrial gases. The company was originally a result of a takeover of British BOC in 2006, and again the 2018 merger of Linde and Praxair, a US company. On the macro upside, there was a 1) supportive regulatory framework in the USA and in the EU on green opportunities and hydrogen, 2) the Ukraine invasion was also a key catalyst towards the energy transition, 3) the EU chip acts with €43 billion in supporting funds as well as the United States Chips and Science Act development for a value of approximately $52 billion, and 4) higher needs of specialty gas in EV car. Related to the micro upside, the company is more diversified on a GEO revenue basis and sells different product solutions starting from cylinders to bulk liquid. In addition with a follow-up note titled "Positive News Ahead", we reported Linde's lower cost structure with the Frankfort delisting. Aside from removing the dual listing expenses, we positively view this development because US companies' P/E multiple are usually higher compared to the EU one. To support our MACRO buy case recap, in the second quarter, Linde announced two new projects with Evonik and Heidelberg Materials (both companies covered by our internal team). The company signed a long-term agreement to produce green hydrogen for Evonik in a 9-megawatt alkaline electrolyzer plant in Singapore. With Heidelberg, Linde will build a large-scale carbon capture close to the Lengfurt plant in Germany. As a reminder, cement production is estimated to be responsible for around 7% of global in 2022, APD's earnings per share were at $8.38, and Linde's earnings per share were fairly similar at $8.23. For 2023, Air Products and Chemical EPS guide a midpoint at $11.40 while Linde's EPS is forecasted at $13.65. Looking at the ROCE, in Q4 2022, APD stood at 11.7% and Linde at 13.4%. In the last quarter, APD’s ROCE was flat on the two-year comparison, while Linde’s after-tax ROCE reached 24.0%. While there are some business & regional nuances between the two leading companies (for instance, APD is lacking U.S. packaged gas business), here at the Lab, we believe are more inclined toward Linde, particularly when organic growth has been fairly similar. Cross-checking APD and Linde's last quarter results, we should recall that on a comparable basis, the German player volumes were flat with an average selling price up by 8%. On the other hand, APD increased its volume by 6% with an increase in the average selling price of 8% too. APD adj EBITDA grew by 13% while Linde achieved a plus 11%. However, Linde's EU exposure is greater than APD. Therefore, this is supportive of Linde's bottom line. In numbers, excluding the Engineering divisional performance, Linde's EMEA sales reached $2,177 million and represented 29.72% of the company's total sales. Compared to Q1 2022 number, turnover grew by 10% and was driven by a 13% of cost pass-through increase.
LLong
by moonypto
6
Intel in Trouble or Ready for Redemption?There is growing potential for QUALCOMM Incorporated to acquire Intel. I now believe that this development has advanced enough to warrant a fresh look at the stock Qualcomm recently approached Intel about a takeover. According to WSJ , Qualcomm has expressed interest in acquiring Intel, which, if realized, would mark one of the most significant deals in recent history Initially, this seemed like a long shot, with limited details emerging from the report. However, QCOM has continued to pursue the idea. Also QCOM has been in contact with Chinese antitrust regulators over the past month about this potential deal and is waiting until after the US presidential election to decide on making a formal offer. Since the election is just less than a month away, I believe this acquisition is becoming more of a possibility that investors should factor into their assessment of INTC. If a deal goes through, it’s likely that the acquisition will come at a premium to the current stock price, creating an opportunity for significant short term gains for investors There is always a chance that no deal will occur. In that case, potential investors should evaluate whether the stock is worth holding as a long-term investment. My outlook here is not optimistic, and I’ll delve into INTC's competitive position, as indicated by its latest inventory data, in the next section Given these two potential scenarios, I am upgrading my rating from "Sell" to "Hold." In summary, the possibility of QCOM acquiring INTC introduces a major upside catalyst that I hadn’t accounted for in my previous analysis. This potential acquisition helps offset some of the concerns about INTC as a standalone company. Unlike many financial metrics that can be interpreted in different ways, inventory levels are more straightforward. He also explained that inventory trends can provide early indicators of business cycles. For cyclical industries, rising inventories can signal overproduction as demand wanes, while shrinking inventories can indicate strong demand As shown in INTC’s most recent balance sheet, its inventory levels have generally been on the rise. For instance, in December 2014, inventory was valued at $ 4.273 billion, while the most recent figures show an increase to $ 11.244 billion. In some cases, rising inventory can signal business growth with increasing demand and production capacity, which was true for Intel in the early part of the last decade. When inventory growth exceeds the pace of business growth, it becomes a red flag. In this scenario, rising inventory suggests weakened competitiveness and declining market position—an issue that Intel currently faces, in my opinion. The following chart helps illustrate this point, showing a comparison of days of inventory outstanding (DIO) for Intel and NVIDIA over the last five years, from 2020 to 2024. DIO is a measure of how many days it takes a company to sell its inventory Given Intel's inventory buildup and declining competitive edge, I find its current valuation multiples hard to justify. Specifically, the chart highlights a comparison of price-to-earnings (P/E) ratios between Intel, NVIDIA, and AMD. Focusing on non-GAAP earnings estimates for fiscal years FY1 through FY3, Intel is currently trading with the highest P/E ratio for FY1 at 87.7 almost twice the multiple of NVIDIA and AMD, which are at 46.29 and 46.25, respectively That said, the outlook changes somewhat when considering the years further ahead. For instance, in FY2, NVIDIA’s expected P/E ratio rises to the highest at 32.77, compared to Intel's 20.02 and AMD's 29.02. However, I want to emphasize the substantial uncertainty in Intel's earnings forecasts. As shown in the next chart, the consensus estimates for Intel's earnings per share (EPS) in FY 2024 range from a low of $0.15 to a high of $0.31 (a more than twofold variation) and from a low of $0.65 to a high of $2.1 (an almost fourfold variation). Given such uncertainty, I believe investors should be cautious about relying too heavily on forward P/E ratios too far into the future. Both Intel and NVIDIA have experienced significant fluctuations in DIO over the years. Notably, both companies saw a spike in 2023 due to the COVID pandemic, which disrupted global supply chains. As the disruption faded, both firms saw a recovery (ie, a reduction in DIO). the difference in recovery is striking. Intel's DIO peaked at over 150 days in 2023 and has since decreased to 125 days a modest reduction but still above its historical average of 114 days. In contrast, NVIDIA's DIO surged to over 200 days but has rapidly dropped to 76 days, which is not only below its four-year average of 97.9 days but also near its lowest level in four years. I expect Intel to face increasing competitive pressure as rivals like NVIDIA and AMD roll out their next-generation chips, particularly NVIDIA’s Blackwell chips. I recommend potential investors keep a close eye on inventory data, as it can signal changes in competitive dynamics for the reasons discussed here. In addition to inventory issues and valuation risks, Intel faces a few other specific challenges. A significant portion of Intel’s current product lineup is concentrated in certain segments, such as PCs, which I believe are nearing market saturation plus a large share of Intel’s revenue comes from China. Given the ongoing trade tensions between the US and China, this heavy reliance on China poses a considerable geopolitical risk. These factors may limit Intel’s ability to adapt to technological advancements and shifting geopolitical conditions The potential for a QUALCOMM acquisition has emerged as a new major upside catalyst. While my outlook on Intel’s business remains pessimistic based on the latest inventory data, the acquisition possibility partially offsets these negatives, leading me to upgrade my rating from Sell to Hold or if you are risk taker like Me, load the dip
NASDAQ:INTCLong
by moonypto
Nvidia [NVDA] Top is in!! [S #1]---------------------------------------------------------------------------------------------- **First off, I have not posted in a while but the good news is I plan to become active and post consistently! I will be providing high quality signals, and only signals and analysis that I personally find worth showing. Any smaller less likely to succeed trades I will be avoiding. This will be a new series of content, I will label posts depending on category: = Signal (Expect clear and direct post, I will not be showing or explaining much of the TA) = Educative Post (I will be showing my Technical Analysis (TA) and teaching how it works) Since this is a new series of posts, I will label this post as the first signal (S #1) ---------------------------------------------------------------------------------------------- ***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES ONLY AND ARE NOT MEANT TO BE PROFITED OFF.*** ---------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Current Price which is $140,25 at market close, and $140.30 during the pre market. It is already starting to dip a bit during the pre market! This Signal is based from bearish divergences, price action, miscellaneous bear flags, and my special indicator. $135.24 $127.87 $122.71 Tight Stop loss: $142.52 Good Stop loss: $144.50 Loose Stop loss: $146.20 ---------------------------------------------------------------------------------------------- ***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES ONLY AND ARE NOT MEANT TO BE PROFITED OFF.*** ----------------------------------------------------------------------------------------------
NASDAQ:NVDAShort
by MarketAnalyzerFX
13
COSTCO: 4H MA50-200 squeeze is forming the bottom.Costco is neutral on its 1D technical outlook (RSI = 49.149, MACD = -2.870, ADX = 33.443) as the price is trading inside the 4H MA50-MA200 range. This is taking place right at the bottom of the year long Channel Up, which has formed the previous two HL exactly on the 4H MA200. Coupled with a 4H MACD Bullish Cross, this is technically the new bottom formation. Our target is at least a +16.30% repeat (TP = 1,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:COSTLong
by InvestingScope
1
Nu Holdings (NU) AnalysisCompany Overview: Nu Holdings NYSE:NU , a leading digital bank in Latin America, is rapidly expanding its footprint across the region, leveraging innovative fintech solutions to drive growth in underbanked markets. With a mission to offer simple and accessible financial services, Nu Holdings continues to strengthen its presence, especially in key markets like Mexico and Colombia. Key Developments: Expansion in Latin America: Nu has successfully launched checking accounts in Mexico and Colombia, showcasing strong customer demand. The company has attracted $3.3 billion in deposits in Mexico and $220 million in Colombia, underscoring its ability to effectively penetrate new markets. This expansion opens up significant growth potential for Nu, as the digital banking revolution in Latin America continues to gather momentum. Strong Customer Engagement: Nu's active user base continues to grow, with an impressive record-high activity rate of 83%, marking the 11th consecutive increase in user engagement. This high level of customer activity demonstrates Nu's ability to retain and engage its users, a crucial factor for long-term profitability in the fintech sector. Accelerating Revenue & Profitability: In addition to customer growth, Nu has shown consistent acceleration in revenue and profitability, solidifying its position as a top contender in the fintech space. The company's unique combination of digital banking services, credit offerings, and low-cost structure sets it apart from traditional banks and other fintech competitors. Investment Outlook: Bullish Outlook: We are bullish on NU above the $13.50-$14.00 range, driven by its successful market expansion, strong customer engagement, and accelerating financial performance. Upside Potential: Our price target for Nu Holdings is set at $23.00-$24.00, reflecting its potential for continued regional growth and increasing profitability as it scales operations across Latin America. 🚀 NU—Transforming Banking Across Latin America! #FintechGrowth #LatAmBanking #DigitalRevolution
NYSE:NULong
by Richtv_official
Coinbase (COIN) AnalysisCompany Overview: Coinbase NASDAQ:COIN is one of the largest and most recognized cryptocurrency exchanges globally, offering a wide range of services, from retail trading to institutional crypto solutions. The company has focused on strengthening its position in the crypto ecosystem by targeting both retail and institutional investors. Key Developments: Institutional Adoption & BlackRock Partnership: Coinbase’s strategic partnership with BlackRock allows Aladdin clients to access cryptocurrency trading and custody services via Coinbase Prime, which caters to institutional investors. This partnership has the potential to drive significant institutional capital into the platform, thereby increasing transaction volumes and boosting revenue. Diversification Efforts: Coinbase has successfully reduced its dependence on trading fees by growing its subscription and services revenue, which saw a 34% year-over-year increase in Q2 2023. This revenue diversification helps mitigate the impact of the volatile trading environment often seen in the cryptocurrency space. Regulatory Compliance: With regulatory scrutiny tightening across the crypto industry, Coinbase’s strong focus on compliance gives it a competitive advantage. As regulatory hurdles increase, the company is likely to capture market share from less compliant competitors, positioning itself as a trusted platform in an evolving regulatory landscape. Product Innovation: Coinbase continues to innovate with new offerings like the Ethereum layer-2 network and enhanced staking services. These product launches not only enhance Coinbase’s competitive edge but also position the company well for future growth in decentralized finance (DeFi) and staking markets. Investment Outlook: Bullish Outlook: We are bullish on COIN above the $180.00-$185.00 range, driven by institutional adoption, diversification of revenue streams, and strong regulatory positioning. Upside Potential: Our price target for Coinbase is set at $370.00-$375.00, reflecting its potential to capture more institutional market share and sustain growth through innovative product offerings. 🚀 COIN—Leading the Way in Institutional Crypto Adoption! #CryptoInnovation #InstitutionalAdoption #CryptoCompliance
NASDAQ:COINLong
by Richtv_official
AMAZON | AMZN , Jeff is back? While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while showing a YoY jump by nearly 11%. As an immediate reaction, the stock is up nearly 8% after-hours, although this can turn on a dime.I wrote in my preview that Amazon still remains a revenue story and to pay attention to Q2's actual revenue and Q3's revenue guidance. Amazon hit it out of the park on both counts, with Q2 revenue showing an 11% jump and Q3 guidance of $138 billion to $143 billion, easily upping the consensus of $138.29 billion. As a direct effect of the company reining in on its expenses, Amazon's Free Cash Flow ("FCF") in Q2 2023 improved to almost $8 billon compared to -$23.5 billion in Q2 2022. Headcount is now down 4% YoY.Advertising, which I've highlighted as the next growth driver in many of my past articles, was up 22% YoY. But, more importantly, resumed its upward trajectory on a quarterly basis. Advertising services revenue showed continuous QoQ improvement until the first blip in Q1 2023. Whether Q2's upsurge is a new trend remains to be seen, but it is encouraging that Q2 did not follow Q1 down. I am also glad that my prediction that advertising will cross $10 billion in sales came true.It appears like retail has finally stopped bleeding profusely to avoid wasting all the gains from AWS and Advertising. In my view, retail is just their medium to sell their ecosystem, and this is acceptable to me. Heading into earnings, Amazon stock was almost into the oversold territory with a Relative Strength Index ("RSI") of 37. Revenue beat and guidance should help the stock garner more analyst support in the upcoming days, and I fully expect the stock's almost-oversold conditions to be in the stock's favor as it has plenty of room upwards technically. The after-hours move has also helped the stock clear all of the commonly used moving averages.AWS's revenue and operating income appeared to be on a perennial, mid-double-digit growth trajectory until recently. However, Q2 saw AWS' sales increase by "just" 12% while operating income fell by more than 5%. It is in this context that advertising services becomes even more important. While $22 billion is strong, it fell well short of the $25 billion I predicted, as the company aims to cross $100 billion in 2023 AWS revenue. The stock was already up 50% YTD heading into earnings and the run appears set to continue. I am not complaining as a long, but it shouldn't surprise anyone to see the stock pullback from the highs given the market's shaky behavior the last few days. Overall, Q2 results are much better than Q1, and that shows in the stock's performance, at least as shown in the after-hours price movement. However, Amazon has never been a single quarter or single year story for me. Amazon's ecosystem is enough reason for me to continue believing in the company long-term. The ability to leverage multiple products and services across the entire organization is not something any company can build overnight. In fact, even Amazon has taken nearly 30 years to be the company that it is today
NASDAQ:AMZN
by moonypto
5
COINBASE | COIN & SECCoinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities But Coinbase stock has bounced back, rising some 35% after dropping to a low of about $50 on the day that the SEC sued the U.S.’s largest crypto exchange. As of Wednesday morning, shares were trading near $70, and the publicly traded company’s market capitalization has risen to about $16.5 billion. The resurgence of Coinbase mirrors the broader boomerang of the crypto market in June, riding a Wall Streetfueled fever for Bitcoin that has lifted other cryptocurrencies and injected optimism into an industry that was reeling from a battery of enforcement from the federal government. The Coinbase stock has been rallying, the price of Bitcoin has been rallying, and then these two things usually play off of each other. Specifically, Bitcoin’s resurgence is tied to BlackRock’s recent filing of an application for Bitcoin spot exchange-traded fund, a surprising vote of confidence from the US.’s largest asset manager in the world’s largest cryptocurrency by market capitalization. Shortly after BlackRock’s application became public, the price of Bitcoin soared, notching its highest price in more than a year as a slew of other asset managers filed applications for Bitcoin spot ETFs, potentially opening up the cryptocurrency to trillions in dollars from brokerage accounts and pension funds. And where Bitcoin goes, so goes the broader market, as the total market capitalization of all cryptocurrencies jumped from just about $1 trillion to now about $1.17 trillion. BlackRock’s ETF filing was not only a vote of confidence in Bitcoin but also Coinbase. Its application listed the publicly traded crypto exchange as the custodian for holding the trust’s underlying Bitcoin. For them to continue and list Coinbase as a custodian for their ETF was a strong signal that these SEC allegations are not that big of a deal I think the market is telling us…the worst is behind us, as far as U.S. regulatory crackdown is concerned
NASDAQ:COIN
by moonypto
6
Birlasoft Ltd - Technical Analysis and Potential Trade IdeasPrice Structure and Fibonacci Analysis: Birlasoft's stock is currently in a descending triangle pattern, with price approaching a critical support level around ₹523, which aligns with the 0% Fibonacci retracement level from the recent peak of ₹859.55. The Fibonacci levels on this chart highlight major retracement zones: 23.6% Fibonacci level at ₹602.60 served as previous support but has now turned into resistance. The 50% level at ₹691.35 and the 61.8% level at ₹731.05 acted as strong resistance levels during past retracements. Support and Resistance Levels: Support Levels: The stock has a key support zone around ₹523, which has been tested multiple times (green arrows on the chart), indicating a possible demand zone. If this level fails, there is further support around ₹512.40 and a long-term support zone near ₹476.30. Resistance Levels: Immediate resistance is seen near the 23.6% Fibonacci level at ₹602.60, where previous breakdowns occurred. A descending trendline (marked with red arrows) indicates continuous selling pressure around this level. Volume Profile Analysis: The Volume Profile on the right shows a high-volume node around ₹570-₹600, suggesting strong historical trading interest in this area. If the price breaks out of the descending triangle pattern, this zone could act as an initial resistance on a potential upward move. Technical Indicators: Relative Strength Index (RSI): The RSI is near the oversold region, which could indicate a potential rebound if buying interest emerges at the support levels. Volume Trends: A noticeable increase in selling volume has been observed during the recent downtrend, highlighting persistent selling pressure. Trading Ideas and Strategy: Bullish Scenario: A bounce from the ₹523 support level, accompanied by a volume spike, could present a buying opportunity for a short-term recovery to ₹602.60 or higher. Confirmation of a reversal at this level could open the path towards ₹651.70 (38.2% Fibonacci retracement), where further resistance is expected. Bearish Scenario: A breakdown below ₹523, especially with high volume, could lead to further downside toward ₹512.40 or even the long-term support at ₹476.30. Traders may consider short positions below ₹523, targeting lower support levels with proper risk management. Conclusion: Birlasoft is currently at a critical juncture. Traders should keep an eye on the ₹523 support level for potential bullish setups or watch for a breakdown below this level to consider bearish trades. This analysis highlights both opportunities and risks, depending on the upcoming price action around these crucial levels.
NSE:BSOFT
by AngshumanSaikia
Microsoft’s Big Moves This Quarter | From Activision to AI AgentMicrosoft’s Revenue Surge: The Power of AI, Gaming, and Strategic Investments Microsoft has released its Q1 FY25 earnings for the quarter ending in September The stock saw a 6% drop, indicating the results fell short of investors' high hopes. Trading at over 30 times projected earnings for next year, expectations for Microsoft were significant. CEO Satya Nadella stated “Our AI business is set to exceed an annual revenue run rate of $10 billion next quarter, making it the fastest business in our history to reach this milestone.” This means that AI will soon account for about 4% of Microsoft's total revenue in under three years a remarkable feat for a global giant. If you need a quick summary, here are three main points: 1. ☁️ Azure’s growth is slowing. As Microsoft’s key player in the AI competition, Azure grew 34%, down slightly from 35% in the prior quarter (after adjustments). This comes as Google Cloud raised the bar, with its growth accelerating from 29% to 35% during the same period. 2. 🤖 AI growth is limited by hardware supply, as capacity struggles to meet demand. Data center expansion is a long-term process, and Microsoft is investing heavily in infrastructure, aiming for a growth boost by 2025. 3. 👨‍👩‍👧‍👦 Consumer-focused products like Gaming and Devices are underperforming. Although not essential to Microsoft's core business, their poor performance has impacted overall results. Here’s a breakdown of the insights from the quarter. Overview of today’s insights: - New segmentation. - Microsoft’s Q1 FY25 overview. - Key earnings call highlights. - Future areas to monitor. 1. New Segmentation Revised Business Segments In August, Microsoft announced a reorganization of its business segments, effective this quarter. The purpose? To better align financial reporting with the current business structure and strategic management. Summary of the main changes - Microsoft 365 Commercial revenue consolidation: All M365 commercial revenue, including mobility and security services, now falls under the Productivity and Business Processes segment. -Copilot Pro revenue shift: Revenue from the Copilot Pro tool was moved from Productivity and Business Processes to the More Personal Computing segment under Search and news advertising. -Nuance Enterprise reallocation: Revenue from Nuance, previously part of Intelligent Cloud, is now included in Productivity and Business Processes. -Windows and Devices reporting combination: Microsoft now reports Windows and Devices revenue together. Impact of These Changes: Core Segments Overview: In summary: - The Productivity and Business Processes segment has grown significantly. - The Intelligent Cloud segment has decreased due to the reallocation of Nuance and other revenue. Products and Services Overview: - M365 Commercial now includes Nuance, shifted from the Server products category, along with integrated mobility and security services. - Windows & Devices have been merged into a single, slower-growth category. Additional Insights: - Azure, Microsoft's cloud platform, is reported within 'Server products and cloud services.' Although its growth rate is shared by management, exact revenue figures remain undisclosed. Azure’s past growth figures have been adjusted for consistency, with the last quarter’s constant currency growth recast from 30% to 35%, setting a higher benchmark. Tracking these metrics is challenging due to limited revenue disclosure, but this recast indicates Azure's raised growth expectations. 2. Microsoft’s Q1 FY25 Performance Financial Summary: -Revenue: Up 16% year-over-year, reaching $65.6 billion (exceeding estimates by $1 billion). Post-Activision Blizzard acquisition in October 2023, the growth was 13% excluding the merger. New Product and Services Segmentation Results - Server products & cloud services: $22.2 billion (+23% Y/Y). - M365 Commercial: $20.4 billion (+13% Y/Y). - Gaming: $5.6 billion (+43% Y/Y), influenced by Activision. - Windows & Devices: $4.3 billion (flat Y/Y). - LinkedIn: $4.3 billion (+10% Y/Y). - Search & news advertising: $3.2 billion (+7% Y/Y). - Enterprise & partner services: $1.9 billion (flat Y/Y). - Dynamics: $1.8 billion (+14% Y/Y). - M365 Consumer products: $1.7 billion (+5% Y/Y). Core Business Segments Breakdown: - Productivity and Business Processes: Increased 12% Y/Y to $28.3 billion, supported by M365 Commercial, especially Copilot adoption. - Intelligent Cloud: Grew 20% Y/Y to $24.1 billion, with Azure AI driving growth. - More Personal Computing: Grew 17% Y/Y to $13.2 billion, including a 15-point boost from Activision. Devices fell, but search and ad performance improved under new segmentation. Key Observations: - Microsoft Cloud revenue climbed 22% Y/Y to $39 billion, making up 59% of total revenue (+3 percentage points Y/Y). - Azure continues to drive cloud services and server products' growth. - Xbox growth has surged due to the Activision acquisition since Q2 FY24, expected to stabilize by Q2 FY25. - Windows OEM and devices combined, showing a 2% decline in Q1 FY25. - Office rebranded to Microsoft 365; updated naming will be used starting next quarter. - Margins: Gross margin at 69% (down 2pp Y/Y, 1pp Q/Q); operating margin at 47% (down 1pp Y/Y, up 4pp Q/Q). - EPS: Increased 10% to $3.30, beating by $0.19. Cash Flow and Balance Sheet: - Operating cash flow: $34 billion (52% margin, down 2pp Y/Y). - Cash**: $78 billion; Long-term debt**: $43 billion. Q2 FY25 Outlook: - Productivity and Business Processes: Anticipated 10%-11% Y/Y growth, steady due to M365, Copilot inclusion, and expected LinkedIn growth of ~10%. Dynamics set to grow mid-to-high teens. - Intelligent Cloud: Projected 18%-20% Y/Y growth, slightly slowing, with Azure growth expected between 28%-29%. - More Personal Computing: Forecasted ~$14 billion revenue, declines in Windows, Devices, and Gaming anticipated, with some offset from Copilot Pro. Main Takeaways: - Azure's growth slowed to 34% Y/Y in constant currency, with AI services contributing 12pp, up from 11pp last quarter. This marks a dip from the recast 35% prior and included an accounting boost. - Capacity limitations in AI persist; more infrastructure investments are planned, with reacceleration expected in H2 FY25. - Commercial performance obligations grew 21% to $259 billion, up from 20% in Q4. - Margins were pressured by AI infrastructure investments; Activision reduced the operating margin by 2 points. - Capital expenditures increased by 50% to $15 billion, half dedicated to infrastructure, with further Capex growth expected. - Shareholder returns included $9.0 billion through buybacks and dividends, matching Q4 repurchases. Earnings Call Highlights: Azure AI saw a doubling of usage over six months, positioning it as a foundation for services like Cosmos DB and SQL DB. Microsoft Fabric adoption grew 14% sequentially, signaling rapid uptake. AI Expansion: GitHub Copilot enterprise use surged 55% Q/Q, with AI-powered capabilities used by nearly 600,000 organizations, a 4x increase Y/Y. M365 Copilot has achieved a 70% adoption rate among Fortune 500 companies and continues to grow rapidly. LinkedIn saw accelerated growth in markets like India and Brazil and a 6x quarterly increase in video views, aligning with broader social media trends. Search and Gaming: Bing’s revenue growth surpassed the market, while Game Pass hit a new revenue record, propelled by Black Ops 6 Capital Expenditures: CFO Amy Hood highlighted that half of cloud and AI investments are for long-term infrastructure, positioning the company for sustained growth. 4. Future Outlook Energy Needs: Microsoft, facing higher power demands, plans to revive a reactor at Three Mile Island with Constellation Energy by 2028 to power its AI data centers sustainably. Autonomous AI Agents: Coming in November, these agents will perform tasks with minimal human input, enhancing efficiency. Copilot Studio will allow businesses to customize these agents, with 10 pre-built options to start. Industry Impact: Salesforce has launched Agentforce, signaling increased competition. CEO Mark Benioff recently compared Microsoft’s Copilot to the nostalgic Clippy, stoking rivalry. For further analysis stay tuned
NASDAQ:MSFT
by moonypto
AMD’s Earnings Stumble | A Golden Opportunity for Investors?Post Earnings Dip, Is AMD ready for a 2025 Comeback? Shares of Advanced Micro Devices dropped over 10% after releasing its third quarter FY2024 earnings report, which fell short of investors’ expectations. Although the results were not poor, the market had high hopes given AMD's premium stock valuation. The company did surpass revenue projections, but its non GAAP EPS matched market expectations plus the midpoint of its fourth-quarter revenue forecast slightly missed estimates. In my prior analysis, I upgraded AMD from a sell to a buy after a 20% dip, which realigned market expectations. Since that upgrade, the stock has climbed 15%, outperforming the S&P 500 Index by 9%. The recent earnings-driven decline has brought AMD's stock price close to my previously mentioned level. While the gaming segment saw a sharper decline in revenue in 3Q, the Data Center GPU division continued to exhibit strong growth, boosting overall revenue growth and improving margins. I believe AMD is still in a strong position to further accelerate revenue growth and margin expansion in the fourth quarter and beyond. As a result, I see the post-earnings dip as a buying opportunity and maintain my buy rating on the stock, supported by its anticipated growth phase justifying its premium valuation. For 4Q FY2024, AMD projects 21.6% YoY revenue growth at the midpoint of its guidance, with a $300 million potential variance. This growth is expected to be driven by continued expansion in Data Center GPUs. Although the midpoint guidance is slightly below market consensus, I believe AMD could exceed this number, given its track record. My estimate suggests a 24% YoY revenue increase, or $150 million above the midpoint. 3Q EPS Analysis Shows Margin Pressure AMD has shown consistent margin improvement since 4Q FY2023, though the pace in 3Q didn't meet expectations. EPS aligned with estimates despite revenue exceeding forecasts, indicating margin challenges. Non-GAAP gross margin rose by 50 bps sequentially, while non-GAAP EBIT margin showed strong improvement, rising by 350 bps QoQ. AMD forecasts a 4Q non-GAAP gross margin of 54% and operating expenses of $2.05 billion, driven by a favorable mix from its Data Center segment, which now represents 52% of total revenue. Management noted that gross margins in the Data Center segment are below the company average, focusing on customer needs and market growth for future gains. This contrasts with NVIDIA (NVDA), which reportedly has higher Data Center margins, though specific figures are not disclosed. With a 4Q revenue consensus at $7.65 billion, AMD projects a non-GAAP EBIT margin of 27.2%, suggesting an additional 200 bps sequential increase. The company appears well-positioned for both revenue growth and margin improvement, despite its valuation declining after the recent stock pullback. 4Q EPS Outlook Signals Continued Growth Although 3Q non-GAAP EPS met expectations, AMD’s growth accelerated from 18.1% YoY in 2Q to 32% in 3Q. However, the selloff post-earnings implies that investors anticipated even higher growth. Based on 4Q guidance, I estimate AMD’s non-GAAP EPS at $1.10, marking a 44% YoY increase. AMD's FCF profile also improved, generating $496 million in 3Q, a 13% QoQ increase despite a one-time acquisition-related expense of $123 million. Higher capital expenditures are expected in FY2025 to support MI300 growth and maintain momentum. Market Expectations and Valuation Impacts Before the 10% post 3Q selloff, AMD’s EV/EBITDA TTM was higher than NVIDIA’s, but they are now on par, despite AMD’s margins and growth trailing NVIDIA's. AMD’s non-GAAP EV/EBITDA forward multiple is 46.3x, compared to NVIDIA’s 42.6x, and its forward P/E ratio is 50.4x, 17% above its 5-year average and higher than NVIDIA’s 49.7x. While AMD's premium valuation can be justified given its growth acceleration, NVIDIA’s triple-digit EPS growth is not expected to continue. Moreover, NVIDIA’s gross margin recently declined, reinforcing the case for AMD’s valuation as it expands its growth in FY2025. AMD’s stock has retraced to a 0% YTD return due to margin concerns and underperformance in Gaming and Embedded segments, though the latter is gradually recovering. However, the company’s strong Data Center gains and continued margin expansion indicate a solid growth phase. The recent selloff has recalibrated market expectations, and with ongoing AI-driven demand, AMD’s growth is likely to extend into FY2025, making the pullback an attractive buying opportunity. What you think, Are you Moonish on AMD?
NASDAQ:AMDLong
by moonypto
3
KPGEL Diwali Pick 2024Stock Analysis and Trade Setup This chart shows the stock breaking out of a long-term downward channel, suggesting a potential trend reversal: • Bullish Setup : The price has broken above the descending channel, indicating bullish momentum. A strong consolidation above the support level around 631.1 could confirm this breakout. If the price maintains this upward trend, the next resistance at 716.75 would be the primary target, followed by further gains if momentum persists. • Bearish Scenario : If the price fails to hold above 631.1, there could be a retest of lower levels. Watch for a potential short entry below the key support level at 525.9, as a breakdown could signal a continuation of the downtrend. The RSI indicates room for further upside, and increasing volume supports the bullish breakout. Monitor these levels closely for entry and exit signals. Disclaimer: This analysis is for educational purposes only. Please conduct your own research before making any trading decisions.
BSE:KPGELLong
by tintinhawk
ASI Weekly Chart Update - 29/04/2024Resistance Zone - 13300 to 13600 Support Zone - 11000 to 11275 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
Argenx (ARGX) AnalysisCompany Overview: Argenx NASDAQ:ARGX is making significant strides in the field of autoimmune treatments, especially following the FDA approval of VYVGART Hytrulo for chronic inflammatory demyelinating polyneuropathy (CIDP) on June 21st. This approval not only enhances Argenx's product portfolio but also opens up new revenue channels for the company. Key Developments: Strong Revenue Generation: Argenx demonstrates a robust global presence with revenue streams across various regions: U.S.: $407 million Japan: $20 million EMEA: $35 million China: $14 million This diversified revenue generation helps mitigate regional risks and showcases the company’s ability to penetrate multiple markets effectively. Upcoming Trials: The company plans to launch four new registration trials by the end of 2024, further expanding its therapeutic offerings. This proactive approach to research and development positions Argenx for future growth and diversification in its product line. Strategic Collaboration: Argenx's collaboration with Monarch is aimed at enhancing operational efficiency and customer service. This partnership is expected to boost market penetration and strengthen the company's competitive edge. Investment Outlook: Bullish Outlook: We are bullish on ARGX above the $484.00-$489.00 range, driven by its recent FDA approval, diverse revenue streams, and plans for further clinical expansion. Upside Potential: Our target for Argenx is set at $740.00-$750.00, supported by the company’s strong market presence and growth initiatives. 🚀 ARGX—Pioneering the Future of Autoimmune Treatments. #Biotech #AutoimmuneTherapy #MarketGrowth
NASDAQ:ARGXLong
by Richtv_official
SMCI Is it a buy after -35% dip and the leave of their auditors?Super Micro Computer is oversold on all timeframes and is approaching that level even on 1W (RSI = 35.160, MACD = -7.190, ADX = 44.214). The reason for the -35% daily collapse is of course the resignation of their auditors, Ernst & Young, which have raised concerns over SMCI's governance since late July. News have even hit the market that there are fears of delisting. Now fundamentally, even though the street has seen its fair share of accounting frauds in the past, those make up only a tiny minority. Normally when such pessimistic news hit the market, long term investors should be viewing the dynamics objectively. Is it worth buying despite all the negatives? A quick answer can be given by just looking at the technicals. Any high cap stock that falls roughly -75% from its All Time High (ATH) is objectively a great long term investment opportunity. For SMCI in particularly it has almost lost -75% of its value in 8 months, with the company absorbing almost any negative news there could be out there. The price is right now at $33.00 with its 1W MA200 currently sitting at $22.95 (and rising), which is the long term support since April 20th 2020. Before that trendline, there is the HL 2 to consider that started on July 5th 2022. In the meantime, the 1W RSI is testing sideways the S1 Zone, a buy level that is holding since July 2015. It has to be said that the -75% decline is SMCI strongest within such period of time, with the most recent before it being during the U.S.-China trade wars (October 1st 2018 at -68.30%). That collapse recovered in 6 months as it reached its 0.786 Fibonacci level. If SMCI announces soon their new auditing firm and calm the market about their practices, there is a strong probability to see the price testing the current 0.786 Fib (TP = 90.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:SMCI
by InvestingScope
1
SasanSeifi|Can We Expect $80 or More?Hey there, ✌ NYSE:RDDT In the daily time frame, it can be observed that we have experienced an upward trend from the $50 mark, with the price currently moving within an ascending channel. At present, the price is situated at the midline of this channel. The outlook remains predominantly bullish, and it is expected that after a brief consolidation, the price could rise to the previous peak of $78. Furthermore, if the price breaks above the previous all-time high (ATH), we may witness further gains towards the targets of $80, $85, and even $90. To better understand the continuation of this upward trend, it will be crucial to observe how the price reacts to these anticipated levels. The potential trend is also illustrated in the accompanying chart. Key support levels for this bullish scenario are found between $65 and $60. If these supports are lost and the price stabilizes below them, the bullish analysis will lose its credibility. 💢 This is just my personal analysis, not financial advice. If you found this helpful, feel free to like and comment – I'd love to hear your thoughts! Happy trading! ✌😊
NYSE:RDDTLong
by SasanSeifi
AMD: New bullish wave to $197 has started.Advanced Micro Devices have entered a healthy bullish 1D technical outlook (RSI = 59.730, MACD = 0.360, ADX = 17.320) as the price crossed over the 1D MA200 today, with the 1D RSI above its MA since yesterday. Technically, it has started the 3rd bullish wave of the 3 month Channel Up. The two waves before this have risen by at least +31%, and that is our next target (TP = 197.00) for the next 2 months. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AMDLong
by InvestingScope
10
Uranium Energy Corporation (UEC) AnalysisCompany Overview: Uranium Energy Corporation AMEX:UEC is strategically positioned for growth with the restart of its in-situ recovery (ISR) uranium production at the Christensen Ranch project. This project commenced sending resin to the Irigaray Central Processing Plant in August 2024, marking a significant step in UEC’s operational ramp-up. Key Catalysts: Global Nuclear Energy Demand: The increasing demand for nuclear energy, propelled by partnerships with major technology firms like Google and Amazon, bolsters UEC’s market position. These collaborations highlight the role of nuclear energy in achieving sustainability and energy security amid growing global energy needs. Strategic Focus on North America: UEC's emphasis on North American uranium production aligns with recent U.S. and EU bans on Russian uranium, ensuring a reliable domestic supply. This local production capability enhances UEC's competitive advantage in the face of geopolitical challenges affecting the uranium market. Unhedged Strategy: UEC’s unhedged approach allows investors to benefit directly from rising uranium prices, which are currently hovering around $80/lb. This strategy positions UEC favorably to capitalize on the anticipated increase in uranium demand and prices in the coming years. Investment Outlook: Bullish Outlook: We are bullish on UEC above the $6.50-$7.00 range, as the resumption of production and the company’s strategic initiatives pave the way for significant growth opportunities. Upside Potential: Our target for UEC is set at $14.00-$15.00, driven by strong market fundamentals, the growing demand for nuclear energy, and UEC's proactive approach to domestic production. 🚀 UEC—Capitalizing on the Future of Clean Energy. #NuclearEnergy #UraniumMarket #CleanEnergyGrowth
AMEX:UECLong
by Richtv_official