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$RBLX earnings today 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team purchased shares of online video game company Roblox Corp $RBLX at $30.72 on 5/5/22. Our first take profit was originally set at $43 per share. Today my team has averaged down on $RBLX at $22.25 per share. This brings our average down to $26.48. We do not think that $43 per share will be reached anytime soon, and so to be on the safe side we have established a new take profit at $32. This would be a 20.8% increase from our average. First entry: $30.72 2nd entry: $22.25 Take profit: $32 Earnings are to be reported today after hours. We aren't expecting much, but we are willing to hold this one out long-term until it reaches our take profit. Good luck to all today! If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:RBLXLong
by SimplyShowMeTheMoney
8
$SOFI earnings today 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team entered digital finance company Sofi Technologies $SOFI at $6.70 per share on 5/5/22. Our take profit was originally set at $10 per share. Today my team has averaged down on $SOFI at $4.87 per share. This brings our average down to $5.80. We still think that $10 can be reached but to be on the safe side we believe that establishing a take profit at $6.95 is ideal. This would be a 19% increase from our average. Earnings are expected to be reported today after market hours. We were considered adding a stop loss, but it has dropped so much that we believe that there is no longer any need. Ultimately, we are willing to hold this one out until it reaches our take profit. Good luck to all today! first entry: $6.70 2nd entry: $4.87 Take profit: $6.95 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
2
Topped for next 2 yearsMany indications here that HP Inc. has topped throughout 2022. I expect the reaction to their upcoming earnings report on May 31st will be negative, whether or not they report decent earnings. Forward P/E will be revised downward. Technical Analysis from 2012 shows we have 3 major rallies. The length of price movement and time extended in each of these rallies are closely related to one another. This indicates correlation - meaning these are subwaves of a larger wave and are therefore connected and shaped by one another. A retracement back down to the .382 fib line is a minimum retracement which still indicates a -45% drop from current prices. Connecting the tops and bottoms forms a nice channel. We recently overshot the top of the channel and swung back down below indicating a rejection of further price increases. This "throw over" is a characteristic of end moves. RSI indicator shows major divergence between waves iii and v of wave 5. Also indicating a top. Currently HP Inc. is the highest valued tech stock in the computer hardware industry if you use a stock screener like Finviz.com. I found this very surprising. Again, earnings are on May 31st and the charts are foretelling a selloff. Currently many investors are hiding in tech stocks that they find "safe". So ask yourself, is it likely that HP will be selling more computers in 2023 than in 2021 and 2022?.. or is it more likely the opposite? When is the last time you looked into buying an HP computer or saw an office supplying their staff with HP? They have nothing that separates them from other computer hardware companies like Apple, Dell, Lenovo, Logitech, etc. Is there a bullish argument to be made? I am struggling to find one looking into a future of higher prices and lower consumer spending. Market Cap = 35.57B Income/Earnings = 6.52B Effective P/E ratio = 6.16 Forward P/E ratio = 7.90 (currently priced for increasing sales but should be revised downward soon as a result of inflation and future expected returns declining) *Not financial/investment advice, although I find this to be a very compelling case. I do currently own Put options on this stock. Trade at your own risk.
NYSE:HPQShort
by MonetaryRebel
1
Nasdaq Extremely OversoldThis is a side-by-side comparison of the Nasdaq daily chart from March 2009 with today (May 2022). The charts are looking very similar to one another. The heatmap on the daily chart has not been this cold since the bottom of the Great Recession. The daily plot is nearing a record low. While this daily chart cannot make long term predictions, it suggests that we are at a bottom right now and the Nasdaq is about to move back up for the coming weeks to months.
TVC:IXICLong
by SpyMasterTrades
apple - there will be a crashhi, dear folks, situation is getting more hot and hottest will be ... credit is very expensive and lot of "stars" are using this leverage, but it will be very expensive right now. apple is one of the examples of it, add that there is going to be recession do not buy deep, there will be second and third bottom apple is a example of very pump and pump stock and on the end dump ... all the world is buying this stock, it is not good ... it is indicator that spx - usa stock market is overvalued, there are too many players on one horse, what when all these rabbits want to escape from one trap? the price - 109 USD, then then 82 USD, wait and you will see very big deep ... remember that big players are waiting for extreme emotion like fear of players ... you know what happened with LUNA cryptocurrency, it can happen next on other stock market, look on upstar holding - it was also a wall street star ... from technical analyst - problem is that the chart went to much high, it was like a great peak, mountain, it must fell down, all indicators were red from being heated ... it had to fell look on Fibonacci - there are to many red candles, if you see such a big candle it must fall down, if you see 3 red candles it will disaster ... waiting for second and third deep ...
NASDAQ:AAPLShort
by WinterManOnTheSky
1
AMD Bullish outperform on the Horizon? Higher Actual Earnings?!?AMD has a History of outperforming Earnings Estimates. I believe this provides Stark Fundamentals, in order to support the TA Case for a reversal to the upside: > Q1 2021 18% higher than expected > Q2 2021 16% higher than expected > Q3 2021 9% higher than expected > Q4 2021 21% higher than expected With the above earnings in mind. The last 4 Quarterly reports provided an average of 16% out performance for Actual over Estimated earnings. I have become very Bullish on the Fundamentals of AMD. A company in which, I and other already consider to have stronger Financials that Nvidia. (Also bullish on NVIDIA - just more for AMD) Even with the "Ukrainian Heroic Freedom War" effect on the companies earnings, I would expect a slight out performance to repeat. >>I have all the earnings dates laid out with the Vertical lines<< Technical Analysis I believe that the Green Horizontal line, which has been substantial resistance, support, resistance and now Support. Will be the foundation for a reversal to the upside. The Tech Sector, more particularly AMD, is at one if not the most Oversold level(s) in the companies History. One must only look at the distance from the Moving Averages to see this. My Quantitative models have highlighted this as one the three most attractive equities at present on My Radar. >>Alongside Riot Blockchain and Netflix<< In my opinion, AMD is the most attractive from a combined Fundamentals and Technical Analysis Evaluation. Having DCA over yesterday and today into AMD. I believe a significant short to mid term rally to the $130 range is possible. > Supported by a bounce from the general market being oversold. > Tax season selling finished. > Rate hike news already over priced in the market. (Strong belief that most (not all) of the rate hikes are being used as a stick waved to slow the market and economy. Rather than a tool that will be used to brutally beat the economy into recession) > AMD being significantly more oversold than the greater market. > Long term pricing models, factoring earnings and industry growth would suggest a significantly higher price in the coming weeks/months. >>Finally, don't lever up and keep some dry powder always<< >>Keep the Long term in mind Chaps<< This is my own opinions, analysis and a trade I am currently undertaking in my portfolios. This is not Financial advice purely my own Analysis and Research. Will be sharing the TA modelled charts over the coming Days for those interested.
NASDAQ:AMDLong
by FortunaAlgoAnalytics
1
One of the Fastest Growing Companies in AdTechAfter a monster year of growth for Digital Turbine, analysts believe the expansion doesn't stop here. Over the next three years, analysts predict the company will continue to grow EPS at a ~ 45% CAGR while expanding revenue at an average ~ 28% CAGR. Although short-term liabilities outweigh short-term assets like cash and A/R due to acquisitions, it is predicted that the procurements of Fyber, AdColony, and Appreciate will help accelerate Digital Turbine's more prominent and profitable role in the fast-growing and secularly-thriving $200+ billion mobile ad/connected TV marketplace. As for the technicals, we're witnessing a similar setup as the '18-'19 bull run that $APPS experienced. Distribution breakdowns into a falling wedge until volume begins to pick back up (breakdowns are primarily due to the macro environment, not the company's fundamentals). I chose the fiscal Q4 2022 ER date as a rough estimate for when $APPS might break the downtrend. By no means has Digital Turbine reversed course fundamentally, and I'd like the next ER to confirm that. GLTA! (Disclaimer, I am long $APPS with both a long-term position and LEAPS call options).
NASDAQ:APPSLong
by ClargyInvesting
$RBLX buying the dip 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team purchased shares of online video game company Roblox Corp $RBLX at $30.72 today. Our first take profit is set at $43. OUR ENTRY: $30.72 TAKE PROFIT 1: $43 TAKE PROFIT 2: $50 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:RBLXLong
by SimplyShowMeTheMoney
4
$BTC chart update 5/1 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Recap: My team entered a Bitcoin $BTC sell on 4/18/22 at $41000. Our take profit is set at $30000. If you want to see more, please like and follow us @SimplyShowMeTheMoney
BITSTAMP:BTCUSDShort
by SimplyShowMeTheMoney
NASDAQ Broken below 13KBAD NEWS here... for many, not all. The NASDAQ followed through with the heavy downside momentum, and broke below 13,000! Worse, it closed the week below the 13,000 (and the 12,900 intraday buffer set out earlier). The weekly chart show nice long candles that end the weeks very close to the low or at the low, showing the continued downside momentum that is not at all easing. MACD suggest more downside in the weeks to come, although the RPM is suggesting some mitigation in the downslide. 12600 is a light support, and 11730 is the next major support (50% Fib). The daily chart is bearish clearly. Having to reclaim above 13K would also mean a gap closure above 13180. While the daily candlestick is suggesting downside momentum, the MACD and RPM are indicating some mitigation on the downside, at least for some reprieve. Overall, May does not look good for the NASDAQ NQ1! More down drafts expected. 12,600 expected to hold briefly, if at all. Next major support 11,730.
CME_MINI:NQ1!Short
by Auguraltrader
3
Bitten Apple.The rally of mid-March was fueled by Corporate Buy Backs. Retail investors, Hedges, and Institutions are still net sellers. QE per the Fed officially "ended" today. The consumer is in worse shape yet again and this will reflect in retail soon as people don't need a new phone, laptop every year and switch to every other or two years. Ironic though that Apple hasn't released guidance for their earnings. We may see a double top if the buy-backs continue, even the possibility of setting a new ATH. There is a possibility that the S&P could set a new ATH before the actual collapse takes place. Let's see. RSI and MACD have plenty of room to fall. MACD on 1M is getting closer to crossing into a bearish sentiment. 200MA is $155. If Apple fails to break $178 and remain there or if the next few trading days are sellers, we could see this chart play out as Apple heads back to $160s area.
NASDAQ:AAPLShort
by WorldEconomics
2