TSLA Tesla Inc Congrats to those who played, nailed, and raked this free shot off of the stikstockitslive scanner. If you want to improve your accuracy, you must be in class everyday. For those who are working other jobs during open market times those entries set up perfectly for a small victory dance in the end zone. Keep up the fabulous work guys! Remember to keep improving your averages until you are to the penny entry. It makes all the difference in certain times.
-stikstockitslive
Technology
Texas Instruments (TXN) - Is the stock overvalued?About Texas Instruments
Texas Instruments (TXN) is a technology company that designs and manufactures a wide range of products, including analog and embedded processing chips. The company operates in two segments, Analog and Embedded Processing, and its products are used in various applications, including automotive, communication infrastructure, industrial, and personal electronics.
Strong financial performance in recent years
In recent years, Texas Instruments has seen strong financial performance, driven by strong demand for its products and increasing demand for its embedded processing solutions. The company has consistently delivered revenue and earnings growth, driven by its broad portfolio of products and its ability to continuously innovate and bring new products to market.
Is Texas Instruments (TXN) stock overvalued?
From a technical perspective, the stock price of Texas Instruments has been in an uptrend since the beginning of 2020, and has outperformed the S&P 500 index over that time period. The stock price has consistently made higher highs and higher lows, indicating strong bullish sentiment. In addition, the stock has consistently traded above its 200-day moving average, which is often used as a measure of long-term trend.
The Relative Strength Index (RSI) is a momentum oscillator that measures the strength of a stock's price action. The RSI for Texas Instruments is currently in bullish territory, indicating that the stock is overbought and may be due for a pullback. However, the RSI can remain in overbought territory for an extended period of time, so it is important to consider other technical indicators when making a trading decision.
One potential area of concern for the stock is its valuation. Texas Instruments currently trades at a premium to its historical valuation, which could indicate that the market is pricing in high expectations for future growth. In addition, the stock's price-to-earnings (P/E) ratio is higher than the industry average, which could make it vulnerable to a pullback if the company's earnings growth slows or if the market becomes more cautious.
Conclusion
In conclusion, Texas Instruments has demonstrated strong financial performance and technical strength in recent years. However, investors should be aware of the stock's elevated valuation and consider other factors, such as the company's earnings growth and the overall market sentiment, when making a trading decision. It is always recommended to consult with a financial advisor before making any investment decisions.
Disclaimer
Norvestio AS only offers analysis based on analyst estimates and historical data, and our articles are never meant to be taken as financial advice. It doesn’t represent an advice to buy or sell any stock, and it doesn’t take into consideration your goals or financial position.
NASDAQ on the verge of retracementNot saying that the NASDAQ might not have a blow off top, but the lower high and the stalling and the candlestick patterns suggest that there is a break down incoming. MACD levelled off and is retracing already.
Likely a reversion to mean retracement, and breaking down below 11,355 (the TDST) is bad news...
Let's see
Airbnb: Vacation Ready 🌴🌞After finishing up the turquoise wave 1, the Airbnb stock should get some rest and drop into a correction to reach the turquoise target zone between $101.66 and $90.36. Within this zone, we expect the corrective low of the turquoise wave 2, which is followed by an upwards trend back North. Our alternative scenario with a probability of 35% implies, that the course could drop below the support line at $81.91 and continue with a downwards slope until hitting the low of the grey wave alt. II in the grey target zone.
what would continuation toward contango look like?spot is having a time catching up with price, and this is one of my favorite derivatives. if the turnaround is going to continue to break out, and we pull back to a comfortable level keeping the uptrend daily i would follow the uptrend with leverage. im excited about the current daily pattern being a sign that a snap back to the bulls could happen tuesday, and im also excited about a lot of potential shorts of equity in the index. im just as excited about going long around emas and trendlines holding bull in the overall index. using fib im aiming for bear weekly highs as well as the 1 and the 1.618 as long as we are beating the regressive bottom and accute trend angle.
BTC Detailed Top-Down Analysis - Day 129Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
SQQQ Simple Chart AnalysisSQQQ - Rst 40.17 Supp 33.2
Vice versa of TQQQ, current chart looks supported here. So if Nasdaq retrace, this will rise.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX
AAPL Take a bite out of the big aapl.03 contracts going bonkers today on dailies. Entry was early morning at open or within minutes of the open field. Shares from 141 very well protected. Get your live hedge fund money every single day we trade. Tesla was called at $105 for entry. You can't make this up. No one can compete with the crew. We are going to start a private money hedge soon if more don't realize the potential. Acquire the licensing and gone
--stikstockitslive
MATIC - Still Strong!💪Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis (attached on the chart), we have been waiting for MATIC to approach the blue support 0.7 to look for buy setups.
MATIC rejected the support, traded higher and now approaching the green resistance around 1.3
For the bulls to remain in control, and take over long-term, we need an aggressive break above 1.4
Meanwhile, we are bullish trading inside the orange channel.
UNLESS , the bears kick in, which would be confirmed by breaking below the orange channel and last major low from H4, then a bearish correction would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Sunview Simple Chart AnalysisSunview - Rst 0.645 Supp 0.515
Very likely a repeating pattern here. Base on the movement, it will retest 0.645 level again.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX
what would a turnaround in tsla look likeim using the same lines i did when i was short. im just switching directions. this is a companion post to related idea. all ma and oscillators are also bullish here, leading to the conjecture continuation is likely along trend lines and the following swing based strategy using these support and resistance is feasable.
Microsoft: You can do it 💻Despite the recent outage, Microsoft is fighting its way back to the top and should exceed the resistance line at $265.00 soon to continue its upwards slope. Our alternative scenario with a probability of 40% implies that the stock could tire and drop below the support line at $212.25, instead of rising to the top. In this case, the course would sink into the grey target zone to fulfill the superior grey wave alt. IV before heading back North in the longterm.
Growth stock's hiatus ?Growth stocks outperform value stocks most of the time on a weekly chart of $VUG / $VTV, Vanguard's growth and value elf's respectively.
Since the start of the 2022 bear market that relationship has reversed and, in August 2022, broke both horizontal support as well as a 14 year long diagonal support.
These breakouts are being retested now, in January 2023. The outcome can impact both trading and long term investing strategy.
For reference:
$SPY in the bottom pane. Today's close: 400.35
Fib tool (not formal analysis)
Big picture look at NASDAQ (QQQ)One of my ideas where I zoom out and look at the bigger picture for the NASDAQ using QQQ on the weekly timeframe. The technical analysis is pretty simple with a focus on the main trading channels and how the major peaks align. Hard to guess the markets direction, but there is definitely room to go lower to the support of the green channel.
With 20 and 200 week SMA
Daily
Daily with 20 and 200 day sma
Recovery for Malaysia Technology SectorWatch the video to see why 2023 will be a recovering tech stock for bursa Malaysia.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX