Get started

Technology

FLIR, somewhat undervalued technology stock on trend line watchFLIR Systems makes high-tech imaging systems. The stock has been selling off since its last earnings report, despite the fact that earnings and guidance both beat analyst estimates. Perhaps the selloff was because the company failed to issue forward guidance, or perhaps it was because free cash flow took an 18% hit last quarter and FLIR announced a 2.5% debt issuance in July. Regardless, FLIR now looks cheap, and sentiment has been improving lately. Valuation I expect that FLIR's dividend will yield 1.9% in the next 12 months. Its PEG is about 17, so not great, but not terrible. PSG ratio is 2.72. Again, not great, but not terrible. The real case for the stock being undervalued is that it's near the bottom of its three-year valuation range in P/E, P/S, and P/D terms. Despite the decrease in free cash flow, the company has a 77/100 financial health score from S&P Global. S&P Global also rates the stock 72/100 for its valuation, meaning the stock is solidly, but not extremely, undervalued. One reason I like FLIR is its patent portfolio. Patents granted are a leading indicator of earnings growth, and over the last three years, FLIR has been granted and average of 16 patents per billion dollars of current market cap. That very respectable number puts its patents-to-market cap ratio in the same league as Intel, which ranked 4th in the nation for total patents granted in 2019. In short, FLIR is a leading innovator for its market cap size. Sentiment and Technicals Analysts have been steadily upgrading FLIR, and it currently has an 8/10 Equity Starmine Summary Score. Options traders are quite bullish on the stock, with a put/call ratio of just 0.29. The technicals on FLIR are still negative, but improved slightly today to "sell" from yesterday's "strong sell" reading on both the daily and weekly charts. I'll be watching for a bullish cross of the trend line FLIR has formed since February as my buying signal.
FLong
by ChristopherCarrollSmith
1
Facebook CommentsI think fundamentally Facebook looks great, and can perform really well. The company has incredible earnings, a huge margin, and is run lean. This equates to consistently pumping out profitable. It is remarkable because as one can imagine many marketing budgets have been slashed when one thinks of airlines, hotels, restaurants, gyms and many other industries not investing in marketing when their consumer demand evaporated. They are not in marketing mode investing in Facebook, they are in survival mode. As things improve there will be editional demand for the value FB offers its consumers. As for the underlying product it is doing well for them, and they have successfully created adaptation over generations. Well played Facebook! COVID, working remote - they have handled this all very well, and will if anything adapt the technology company to be even better. With the horizon pointing towards their Libra payment system being introduced I imagine with all the crypto buzz there may be a enhanced demand anticipated from Facebook relative to the peers... this is even more pronounced when one considers that forward P/E comparison in the chart above. Technicals are not screaming "Buy", but the price action is leaning slightly bullish, and the trend is moderately bullish. I'd be suggesting longing Facebook as a growth investment rather than as a perceived short term trade. Whatever your TF, good luck & good fortunes to you!
NASDAQ:METALong
by ZenMode
Long $NDX $NQ_F into the annual Black Friday tradeNearly every year, and especially in election years, there is a seasonal rotation back into big box tech stocks in anticipation of the long weekend and Thanksgiving. I attribute a lot of this buying to the Black Friday spree where Americans dive into big deals online and in department stores. Nasdaq futures are shown above and the consolidation above the 21 Day EMA is promising. Today Russell 2000 hit a brand new intraday all time high. I expect this trade to progress starting today (Monday) and through Cyber Monday. At that point we may see another "Turnaround Tuesday" in the opposite direction back down.
CME_MINI:NQ1!Long
by mortdiggiddy
1
Nasdaq looks heavy...What do you think? As long as previous high not taken out, changes of pull back downwards is likely... #shadowingthebigboys #trading #forex If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Tradingview Disclaimer Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
FX:NAS100Short
by Shadowing_The_Big_Boys
nas100Purely based off of fundamental analysis, with Biden as president this will call for tougher rules on tech groups which has been called for from politicians all over the world. I believe we could have a shake start to next week for tech before stabilising but some correction is needed before some stabilisation. They could be seek more tax off of big tech companies, wouldn't be trading much technical analysis but more fundamentals. Will hold my short for the start of the week just to see how the market/world of tech reacts to having Biden as president and from there we will have a better idea.
FX:NAS100
by KaisMarket
Teradyne - Cup & Handle + Measured MoveTeradyne made a cup & handle, which continues to see strength. Cup & Handle -- Measured Move Making a measured move from the floor of the cup, to the resistance which was all time highs, we get a 18 points (12% aprox.) potential move. Trade Would follow the 5sma (green line) to take profits for 50% of my position, the other 50% if it takes the Resistance 1 level. There are also other semiconductors making ATH, which is adding to the strength in the industry overall.
NASDAQ:TERLong
by dorfmanmaster
Zoom Delta Divergence 1hr ChartZoom might have reached the bottom of their sell off, however we should be cautious entering positions with the current set up. We have the bears and bulls fighting for dashed green trendline. So far, the bulls have been able to buy up the green zone, however, even though we see a small uptrend over that last few days. We have a negative delta divergence on the cumulative delta volume which indicates buyers are getting weaker and weaker. This price is really reactive to news and that could be what the stock needs to blow through some resistance. Technically this chart makes me feel uncomfortable picking a direction either way so I'm going to remain on the sidelines until we get clarity. NASDAQ:ZM
NASDAQ:ZM
by jakelikesstocks
2
APPLE BULL FLAG? possible bounce off 117-118 for ER run upAPPLE waiting to breakout of this down trend, could see a retest towards resistance at $124.50 or we could see a move down this week to my support zone at $108. .618 Fib is at 117.14 could see a bounce there to retest ath. Keep in mind ER is coming at the end of the month 10/29 so options get next week exp. or 2 weeks out to give some time, scale in small because market is very uncertain with politics in play. PT 128
NASDAQ:AAPL
by jUiCE_Trades
APPLE IS OVERVALUED APPLE IS NOT LOOKING LIKE A SOLID HOLD ATM... AS FEAR AND ANXIETY GROWS AROUND THE ELECTIONS, WE WILL MOST LIKELY WITNESS A FLASH CRASH BEFORE 2020 IS OUT.. FORTUNATELY, A CRASH IN PRICE COULD BE A GREAT TIME TO ENTER TECH MARKET STOCKS AS HYPER INFLATION LOOMS EXPONENTIALLY CLOSER, THE 'NEW NORMAL' REQUIRES THESE TECHNOLOGIES, AND WILL CAUSE RELATED ASSETS TO APPRECIATE .. SHORT TERM BEARISH LONG TERM BULLISH, CONSIDERING THE INFLUENCE APPLE HAS ON THE MASSES. AND REGARDLESS OF WHO WINS THE ELECTION HYPER INFLATION WILL CAUSE MOST ASSET TO APPRECIATE.
NASDAQ:AAPLShort
by contemplatingcrypto
Baidu Apollo Undervalued (Significantly)1. Baidu have had low valuation due to its stagnant growth of its core business - search engine in China, however, it enjoys a significant moat in this segment as it is the largest market share holder - therefore has network effect. 2. Baidu had been investing significantly in developing AI and autonomous driving over the past few years. Its Apollo project is as good as (if not better), than Google's Waymo. However, Apollo is valued at $1.3 billion only (3% of Baidu's market cap) due to Baidu's core business growth, and unclear roadmap of monetization of Apollo. But, Google's Waymo is valued at $30 billion. It is worth noting that only Waymo and Apollo achieved the L4 auto driving, where they begin 1000+ testing of full self driving on road. Tesla's autonomous driving had been recording data of man's driving, while Waymo and Apollo records data on full self-driving. 3. Recently, Baidu began its robotaxi test drive in Beijing, which received huge responses, had cause the stock price to break out its few months resistance level. Therefore, I believe that the break out from a technical perspective may signify huge support for Baidu in addition to its near term upward trend (typical higher lows). 4. Despite full self driving is still years before it could be full commercialised, Baidu's Apollo had also been providing smart city solutions to assist with provinces of China to solve the traffic issue. In Guangzhou, Baidu received RMB 450 million project. This may be the key monetisation way for Baidu in the next 2-3 years, which is very likely given the traffic issues have been causing waste of resources for China, thus the government is likely invest in smart transportation through Baidu. Therefore, we can expect more projects given by the government, which would be a catalyst moving forward. 5. In mid September, Baidu's management noted that re-listing in Hong Kong would gives it a higher valuation that it currently has. Therefore, we may expect a catalyst from this part. Also, the current risk to reward ratio is worth betting on. If it breaks the current support ( breaking the low of the uptrend), then we might have to look for another entry point. However, recent pull back after break out provide a great entry point.
NASDAQ:BIDULong
by DEHJ
Is Dell Inching Toward a Breakout?Dell Technologies is a blast from the past. At one point it was one of the top technology stocks, but now it seems to get very little interest. Still some interesting things are happening on the chart. First is the pair of bullish gaps after strong earnings reports in May and August. Next is the ascending triangle that formed since the last gap higher. DELL has made steadily higher lows while holding below $68.50. However prices closed above that line in the last few sessions. Is a breakout coming? Looking to the left we can see resistance is close to DELL’s previous all-time high of $70.55 from May 2019. The fundamental story is also interesting as coronavirus and remote work fuel demand for PCs and laptops. Just yesterday, for instance, tech researcher Gartner said third-quarter PC shipments rose to their highest levels in years. DELL is also spinning off VMware , another potential positive that could result in higher valuations for each standalone company. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
NYSE:DELLLong
by TradeStation
19
SP500/Technology - CUP AND HANDLE pattern forming Here I'm going to talk about the formation of a potential Cup and Handle pattern in the S&P500 and The Tech Sector Let me know how it goes for and how you view these recent movements If this analysis helps, I'd really appreciate a like, it lets me know that what I'm doing is good work. No matter what hits the Tech Sector it continues to grind higher even with the highest Market Value stocks having P/E ratios far exceeding 30. This makes sense, although overvalued in terms of EPS the protection they offer is unrivaled in the market. However when we reach prior highs some of the same fears that caused the recent correction will creep in, especially with positive vaccine headlines and positive earnings from financials. Both the SPX and S5INFT have moved above their upper Day and 4 Hour Bollinger bands and the pre-market today suggests they will stay there. Further movement up will cause the 4hr RSI to hit close to and potentially above 80 as financial earnings push the market higher and Apple's new iPhone gives a boost to tech. Therefore I suggest a handle pullback may be in order to allow investors a buying opportunity. I assume that we may break the previous high of 3587 and move up over 3600 briefly up to Fibonacci R2 at 3624 which will allow tech stocks to recover near to previous highs of: AAPL:$130 MSFT:$230 NVDA:590 AMZN:$3550 These highs will cause mass profit-taking hitting the market down to potentially below 3587 which could cause further downside towards the 50d MA support point at about 3430. If this support remains intact (which fundamentally it should) this will signal a great buying opportunity for tech moving into the Holiday season pushing it even higher than before. This will be dependant on how Investors view the election results, however with the range of potential outcomes for the market directly being very tight with either Trump or Biden as president the results could be almost irrelevant. Therefore if you're in tech stay there until you see high volume selling at major resistance then buy more on a confirmed reversal at the bottom. If you're not in tech already it may be risky to get in now, although if you are willing to be actively trading and aware then this could be a great way to make some quick profit and use this to buy more on the dip. Best of luck and Stay Disciplined
TVC:SPXLong
by PilotFish
8
ARCHER TO RALLY?ASX:AXE Archer Materials Limited is a materials technology company developing materials in quantum computing, biotechnology, and lithium-ion batteries, and exploring for minerals in Australia. The Company has strong intellectual property, broad-scope mineral tenements, world-class in-house expertise, a unique materials inventory, and access to over $300 million of technology development infrastructure. After a great announcement this morning titled "Chip build fast-tracked with qubit modelling" in which advancements have been made in their quest to build quantum technology that will be integrated eventually into existing electronic platforms, some would say that having a signed partnership with IBM is also very advantageous. We have seen a bullish move within the Daily Ascending Triangle but due to the markets unpredictability we play Bull and Bear and here are the scenarios below. Bullish: Daily Ascending Triangle continuing to be respected Re claimed the 20MA Bullish Rejection out of the Ichimoku Cloud MACD anticipated bullish cross Stochastic approaching the 50 with anticipated cross Bullish break inside Ascending Triangle hunting 25% Internal Target 1 if respected. IF Ascending Triangle Completes and Major news is released, Fractal Targets 1&2 are as displayed. Keep in mind Major Resistance needs to be broken and I'd wait for confirmation of direction around the Internal Target 1 zone. Bearish: Fail Ascending Triangle would see us test previous Equilibrium then potentially Previous Support Stochastic would fail the 50 and reverse MACD would turn Bearish and spread Break the Ichimoku Cloud similar to July break Forming Large Scale Bullflag identified by Green Rotated Rectangle needing another touch which would GAP Fill 08/05-11/05 Definitely a company to add to your watchlist. IMO DYOR DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation.
ASX:AXELong
by Trader_Johnni
1