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BTC - Take Your Time - We Are Hodling!Hello Trading Family, if you like the idea, do not forget to support with a like and follow. As per my last weekly analysis (attached below), BTC is approaching a demand zone in green and the lower brown trendline of the wedge pattern. on H4: BTC is overall bearish from a medium-term perspective trading below the blue trendline, but since it is approaching a support zone, we will be looking for buy setups. But before we buy, we want the bulls to take over again. For example, and as per my trading style, I will be waiting for a new swing high to form around the blue trendline to consider it valid and then buy on its break upward. Meanwhile, until the buy is activated, BTC would be overall bearish and can still dive inside the green zone. In this case, we will be looking for new buy setups to form. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:BTCUSDLong
by TheSignalyst
28
Brief overview of the stocks of the 2 major GPU manufacturersRecently I decided to take a delve into the sector of the stock market that truly represents my personal interests, the performance PC hardware sector. I've been performing investigation into various companies such as NASDAQ:INTC (Intel Corporation), NASDAQ:NVDA (Nvidia) & NASDAQ:AMD (Advanced Micro Devices). In many peculiar ways, these companies are very similar but also have some startling differences. What caused me to publish this idea, despite the fact that I am trying to build up some reputation, is I was doing some comparisons between Nvidia and AMD as they are the 2 major competitors in the graphics card market which is currently in some state of paralysis. During my brief investigation, I was trying to identify which option would be a viable option for 3+ year investment. Through some comparison I've come to notice some surprising facts about each company. First of all, AMD was not a competitive company for more than 10 years after their "birth". Around 5 years ago they were on the brink of bankruptcy, due to various factors including more debt than what could have been considered manageable or sustainable. Since then, Lisa Su was appointed CEO of AMD and pulled the company straight out of that sticky situation. Since then AMD has risen in price more than 1300 percentage points. The company has attained a fairly stable financial position and moderate PE ratio in comparison to its competitors. Considering its growth, the PE ratio and earnings per share are actually impressive. Nvidia has been established for a significantly longer period of time and have diversified within the hardware market to try maintain their monopoly as best they can despite companies such as AMD coming along and "rocking the boat". Between these 2 companies, they are sitting at very similar positions in the present bull market (At least from the perspective of an investor seeking a diversified portfolio). Due to Nvidia being listed for a considerably longer period of time, they have had time to grow and their overall market cap is sitting at just over $800B whilst AMD is sitting at a quarter of this. Both companies on the other hand have very similar EPS of $3.28 (AMD) and $3.30 (Nvidia). Based solely on statistical indication, AMD will prevail as the best investment choice as they have maintained a considerably lower PE ratio versus Nvidia (47.93 AMD; 97.17 Nvidia) and the PE hints towards their future performance as it has done in the past. Obviously a multiplier of 47 is by no means 'attractive' but in comparison nearly 100, I would far rather put my money in AMD especially considering how good management at AMD has become, the overall stability is reassuring from a speculative stand point. TL;DR: AMD is looking to be the far more appealing investment versus Nvidia (lower PE, similar EPS considering stocks available and company capacity)
NASDAQ:NVDALong
by Michael_Axio
#PLTR - Reversal H&S under formation. Get ready to go...Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern. In my opinion the price is now targeting the 21.30$ level, where it will probably and ultimately breaking the H&S neckline. This might be happening today or on Mon-Tue next week and not necessarely in today session Not a financial advice, just personal opinion. Do your own due diligence and good luck!
PLong
by FrancescoMerlettini
3
#PLTR reacts well on 20$ support and closed above yesterday highAs I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level. I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the price reacted reaching an average of 45% increase and I want to think that this might be happening again this time. Not a financial advice, just personal opinion. Do your own due diligence and good luck!
PLong
by FrancescoMerlettini
9
#PLTR - Price possibly rebouncing from key support at 20$?Hi All, my main 3 take-outs from this analysis are the following: 1- Price possibly rebouncing from a key support of 20$ (price has been moving between 27$ and 20$ since a lot f time) 2- 4H chart shws engulfing bullish pattern as also an RSI in oversld territory, which might be a god sign of possible reversal from these levels 3- There are still two gaps at 24$ and 27$ (as also at 31$) that will be needed to be filled sooner or later Not a financial advice, just personal opinion. Do your own due diligence and good luck!
PLong
by FrancescoMerlettini
VMW showing some super bullish signsVMW recently split off from DELL and went out on it's own, which is great news as anything AI and cloud right now is super bullish and besides it's the only one i feel that can actually compete with AMZN Cloud AWS, tbh i'm planning on doing a break down video for this play maybe try to get it out before it reports earnings so i can help show people it has some great fundamentals and coming from one of the TECH giants DELL shows nothing but upside potential in my book as you can see it is on this down trend and has had some false breaks through but being that alot of tech plays are starting to pick up steam it will be one that i will be watching for to get a nice break out to the top side.
VLong
by Stock_Hustle21
$MIRM november update*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 $MIRM on 10/29/21 at $15.70 per share. Our first take profit is at $26. Mirum Pharmaceuticals $MIRM released their 3rd quarter earnings today after market close. In this report they announced a loss of -$1.55 per share on revenue of $5.0 million. This earnings beat is staggering, especially when acknowledging the fact that the revenue consensus was only $0.8 million. $MIRM is still an under the radar company currently, but a revenue beat of 502.4% will definitely turn some heads. In addition, post-earnings five insiders accumulated a vast amount of shares. These insiders know what's coming, and lucky for us we do too. Our first take profit is honestly a huge underestimate of this companies potential, and in the future we may have to make some major adjustments. This is a buy and throw away the key type of investment. My teams holding! Will you? OUR ENTRY: $15.70 FIRST TAKE PROFIT: $26 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:MIRMLong
by SimplyShowMeTheMoney
4
$RMO we hit and quit for a 18% gain*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: On November 2, 2021 my team entered lithium-ion battery company Romeo Power $RMO at $4.45 per share. Our first take profit was set at $5.25. $RMO released their 3rd quarter earnings report today after market close. In this report they reported a loss of $0.20 per share on revenue of $5.8 million. After this announcement $RMO experienced a very brief price jump to $5.70, but since then it has trickled back down to $4.78 per share. My teams first take profit was hit post-market at $5.25 per share today. We sold all of our shares at $5.25 as we anticipate $RMO to stay within the $4-$6 range until they get around to announcing their 4th quarter earnings. We believe that this price range is a fair estimate, however this could change on the drop of really good or bad news. We still believe in $RMO long-term, however we did not have enough sentiment to continue holding once our first take profit was hit today. My team has made a gain of 18% from this trade. Congrats to those of you who took this trade with us. ENTRY: $4.45 TAKE PROFIT 1 (HIT): $5.25 TAKE PROFIT 2: $7.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
RLong
by SimplyShowMeTheMoney
4
PalantirPalantir engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The Commercial segment offers services to clients in the private sector. The Government segment provides solutions to the United States (US) federal government and non-US governments. It offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Its products include Palantir Gotham and Palantir Foundry. (Via Robinhood). I'm big on the defense sector and knowing how much the government trusts this company I need to take a deeper look. The main thing that impressed me with Palantir outside of their general scope of business was the attractiveness of the Hedge Funds that has this in their portfolio. I normally don't bank on things like this. However, Vanguard (5%), Blackrock (4%), and State Street (1%) has this in portfolio. I do need to do more research on this company I will admit, but I'm confident that we are at a good price now for a good profit down the line (1 year or more out). Looking at the chart, looks like we on a retracement to the upside with a recent bear flag breakout. On the 15 min TF (This is the daily) there is a gap that needs to be filled around $23.66 It also seems as if price wants to break past the 20/50 ema if it does reach that gap which would be a good thing for shareholders. As I do more research, I will up my consideration! What do you think? Like, Follow, Agree, Disagree!
PLong
by Redimere_91
6
Twitter bull & bust Casetwitter has recently made a sharp downside move towards 100EMA on the weekly chart which looks like will hold for a couple of upside sessions as of now as the market is over all in strong upside momentum with daily record close across the board. That being said, the over all picture for the company and stock looks a bit shaky with sharp sell off from the past week. if the stock does manage to climb back towards the 70/72ish area i believe it can still dive down towards the 2019 Area all over again. which will be an Ideal place to go long on this stock. but for Day traders this stock can be a real treat as the daily volume is high so the volatility is there to make money both ways. Personally i would go long with $48 as the stop loss area and $70 as Take profit and would be a seller at $70 with stop loss at $76 and all the way towards $30/35$ take profit.
NYSE:TWTRLong
by shaxrashid
Massive Ranges. Massive Risk. Massive Upside?NASDAQ:TSLA playing in some massive ranges. Given the high degree of global economic uncertainty and frothy market conditions we could see TSLA make one final herculean push, but reality seems like it will need to set in sooner than later (remember, this is a monthly chart.) Would love to see this final rally top out with similarity to the previous rally that's charted. If this plays out, I suspect we consolidate in the massive blue box territory range. I personally would be thrilled to (finally) open a NASDAQ:TSLA long position in the bottom third of this blue box territory. If we do top out sooner than later, the question will become whether or not NASDAQ:TSLA ever re-enters the bottom portion of this range. Without question, things have changed since this previous rally, and it could easily be argued that these two rallies have absolutely nothing in common. For this reason, I will only be using this for rough entry targets. The kind of entries that you don't exit. The kind of position that you pass down in your will. Thoughts?
NASDAQ:TSLA
by gfhz
1