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$INTC Trending Upwards?Hi all, I am a bit new to TA and trading in general, so forgive me if I am making incorrect assumptions. I recently bought into INTC @ 48.75 as I am bullish on their short term and long term success, and I feel they are terribly undervalued at current. The share price recently dumped following the Q2 earnings report, despite their beating of estimates, reflecting their guidance for the Q3 report. Despite this and the ever-increasing market cap of $AMD and $NVDA, I still believe $INTC to be a solid company due to their well-established position in business computer chipsets and servers along with an increasing interest in cloud-based computing from companies such as $MSFT, which should hedge against encroachment by both $AMD and $NVDA. The sustained transition to online and remote learning, business, and medicine we have seen and will see in response to the COVID pandemic will likely only benefit the company due to the need for better hardware and cloud-based services to carry out these tasks from schools and businesses. Overall, they seem to be following the green trendline upwards and will likely see growth ahead of Q3 and further on, despite their guidance issued Q2, which I feel caused an overreaction in share price dip. I hope I am not too far off base with this prediction, and I would welcome any criticism or advice regarding TA or DD. Thanks so much!
NASDAQ:INTCLong
by AAInvestor_500
CSCO- Good Buy CurrentlyFA: Higher earnings than expected but still a 12% yearly fall. Service Sector of Business Has grown much larger than the Hardware side If COVID is to ease in the next 6-9 months, the forecast is positive for CSCO TA: Approaching Support Level after strong retracement Downside is far less than upside if an entry was made in this area. Fibonacci Retracements follow the S&R Lines. -Megalodon Please SHARE/LIKE & Comment and PS:Please follow responsible trade management, this is not financial advice
NASDAQ:CSCOLong
by BoSukas
8
Long term Nasdaq pattern (refined)Relooked into a previous patterned and added some Fibonacci into the equation, as it appeared to have some pattern in the background. Lo and behold, there appears to be some Fibonacci pattern and here is what it looks like: 1. Each long term rally has a base triangle pattern of similar magnitude. 2. The next stack pulls back to form the bottom of the next triangle. 3. The peak of the new triangle is in Fibonacci extended relation to the previous triangle, in decreasing target level of 1.62, then 1.5, and currently possibly 1.38. 4. All triangles give rise to a consolidation level at 1.38 Fibonacci extension for the next triangle. 5. So, the pattern looks like 1.38 & 1.62 extended target, 1.38 & 1.5 extended target, 1.38 & an expected 1.38 extended target. 6. The reducing target is due to age of the major bull cycle, as well as a compressed time frame for each succeeding triangle having about 38% of the time the previous triangle took to peak. Given the above parameters, it is calculated that the next peak for the Nasdaq futures NQ1! should be about 11225, and the time frame puts it into the month of August. Consequently, should see the bullish momentum of NQ1! struggle to increase momentum further, and perhaps roll over soon. Just an observation of a pattern model that appears to be maturing very soon.
CME_MINI:NQ1!
by Auguraltrader
1
Apple... A $2 Trillion Company?Apple is truly massive. Their market cap is nearing $2 trillion. I know no one who saw that coming. The interesting thing is that maybe Apple's growth is a sign of the global economy actually thriving. More iPhones, more wealth, more apps, and more connectivity. Is that really bearish? Sounds bullish. It is hard to be a glass half full person. Apple's tremendous 100%+ move higher since the Coronavirus crash is impressive. I've added it to this chart with the percent change tool. Now, before we get too bullish and optimistic we have to always consider the reality of the situation. How much higher will Apple go? Or more importantly, how much higher will Apple go before it is disconnected from reality? I've added the 50-day moving average and 200-day moving average to show how fast it's moving compared to a slower, rolling average price. Wow! Anyways, I am not going near Apple at these prices. So I will watch. It is a great boom for the technology sector and growth of the digital economy. But, I also see that maybe it's gone too far too fast. I would add around the 50-day moving average, but if it crashes, I will wait. The 200-day MA is generally a place I like to buy for the long-term. Let's see and thanks for reading!
NASDAQ:AAPL
by scheplick
15
This week tells all? - Nasdaq futures chapterThe Nasdaq technology index has been leading the markets since March, and has been pushing higher and higher. However, of late, the push is weakening visibly, as seen in the chart, and also through the MACD technicals. More recently, a short rising wedge Is appearing and with such wedges, I would be looking for the breakdown of the wedge support (red line). But for now, it appears that the. Nasdaq is over stretched, perhaps falling over itself, and has a potential to be rolling over. This is just an observable early warning pattern, one that should be heeded with caution, not to go short - yet. Keep an eye on this leading market (indicator)... it’s about time.
CME_MINI:NQ1!
by Auguraltrader
Nokia remains one of my favorite long-term technology playsI've been buying long-term (2022) calls on Nokia, and they're performing very well this past week. The good news for Nokia has kept rolling in throughout this coronavirus downturn, and Nokia announced today that it has declared a total of 3,000 patents related to 5g. Last year it looked like Nokia was falling behind in the 5g race, but ever since it suspended its dividend to free up cash flow for R&D, it has been fast making itself a 5g leader. Along with BIDU, NOK is one of my favorite long-term tech plays due to low valuation and a large number of hot new technology patents going into product development that should pay off long-term. I will buy more calls on the dips.
NYSE:NOKLong
by ChristopherCarrollSmith
5
Microsoft Hitting Major Channel Resistance. (MSFT)We all know if you go back in time till now on Microsoft it has an insane parabolic curve. I currently have a channel drawn out between the two lines. Arrows and red line is Resistance. Green line is support. We are seeing the overall trend from the last impulse hit the top level of Resistance in the channel, where we have seen previous good size selloffs occur at. The ema dots are all red and the custom rsi has already dropped off. I'm in favor of a short up here at this top level of range. I think it would be healthy to see a pullback here.
NASDAQ:MSFT
by UnknownUnicorn2319099
4
$SHSP can fall in the next daysContextual immersion trading strategy idea. SharpSpring, Inc. operates as a cloud-based marketing technology company worldwide. The demand for shares of the company still looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $7,91; stop-loss — $8,86. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
SShort
by KozakHlib
4
29.07.2020 - Bitcoin - CME futures Hi Traders! After many weeks of nothing happening, the ices finally broke last week and Bitcoin made a decision and went up. We are currently balancing at $ 11,000. Today, however, I wouldn't like to do a traditional analysis of Bitcoin, but I would like to point out one fundamental thing that isn't much discussed. CME futures is a US stock exchange where Bitcoin is traded. As this is a classic stock exchange, it is common for its gates to be closed over the weekend. However, as you know, cryptocurrencies are also traded over the weekend. If Bitcoin price on the crypto exchanges moves more significantly over the weekend, the CME futures exchange with a "gap" will open on Monday morning. The GAP gives us a price "gap". Why is this important? GAP on CME futures mostly acts like a magnet and in the end it can attract the price. This usually happens in two cases: 1. The GAP shall be completed on the given week of its opening. That would mean we're going under $ 10,000 again this week. 2. The GAP is filled in only after the completion of a certain cycle on Bitcoin. It can be a week, but even a month. CME futures GAPs act as a magnet for the price and in the vast majority they get used to pulling it back. Will it be the same now? May the crypto be with you!
CME:BTC1!
by DolleroTechnology
1
HPQ dip buy after triangle breakoutHPQ recently broke out of a triangle to the upside. Analyst sentiment is bullish, with HPQ earning an 8.9/10 Equity Starmine Summary Score. Short-dated options positioning on HPQ are extremely bullish-- more bullish than any other security I've recently looked at. The news environment has been relatively positive, with a new suite of remote work product offerings offsetting fears of weak PC demand in the back half of the year. Recent analyst earnings revisions have been in an upward direction. Recent signs of recovery for industrials and manufacturing should bode well for HPQ's 3-D printing business. Plus, HP looks cheap. Admittedly its forward PEG ratio at 8 is a little high, but that's offset by a really low PSG ratio of 0.38 and a 4% dividend yield. In forward P/E and forward P/S terms, HPQ is at the absolute rock bottom of its 3-year valuation range. To get this high a dividend yield on a technology company with consistent earnings and sales growth is really rare. HP ranks fourth in the list of companies with the most 3-D printing patents, so I think it holds a leadership position in a promising emerging technology space. (The industry's growth has honestly been a little disappointing to date, but more patents are being filed every year, and eventually I think we hit a tipping point where the technology becomes cheap enough and viable enough to really blow up.)
NYSE:HPQLong
by ChristopherCarrollSmith
2
CITRON is giving a GREAT LONG opportunity with $RSTCitron following intraday trading strategy idea Rosetta Stone Inc., together with its subsidiaries, provides technology-based learning products in the United States and internationally. The share price is rising and gonna continue this trend today after the new Citron report publishing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $27,33; take-profit — $31,15; stop-loss — $25,97. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
RLong
by KozakHlib
Longterm Play For Sharp Corporation? (SHCAY)I've been watching this one for a while and am highly interested based off the technicals. We have been pretty stable in price action around the previous all time low, which also resulted in a large move to the upside. To me this looks like an accumulation play on a double bottom major support. I am accumulating for a very long term trade, with also buys eyed at the 2.30 lows for more accumulation. Pennystocks I like to do 1-3% of working capital in OTC markets.
OTC:SHCAY
by UnknownUnicorn2319099
1
Microsoft: Rebound on the 1D MA50. Targeting $217-230.MSFT made a (near) rebound on the 1D MA50. Even though the 1D chart is technically neutral mostly (RSI = 49.013, MACD = 2.140, ADX = 33.401), the RSI is providing the first strong Buy Signal since March, as it entered the 41.50 - 48.00 Buy Zone. That was a strong accumulation region from August 2019 to October 2019, so even though the price may drop some more and touch the 1D MA50, we take this as a strong buy opportunity. We aim at the completion of a +40% extension from the last time the price made contact with the 1D MA50 (early April 2020), and set our Target Zone at 217 - 230. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:MSFTLong
by InvestingScope
1
Apple: Rebound on the 1D MA50. Targeting $400 - 420.AAPL hit last month our $350 Target we set on October 2019 when the price was trading at $229: We are turning buyers again on Apple as on the 1D chart (RSI = 54.619, MACD = 7.940, ADX = 38.567) the price made a strong rebound on the MA50 (the blue line). On top of that, the RSI made its own rebound on the 47.00 Buy Zone which combined with the MA50, have always provided a push and the optimal buy entry since August 2019. This is a 1 year pattern and therefore quite reliable. Our Target Zone is 400.00 - 420.00, which is practically the Resistance region provided by the Higher Highs trend-line since the May 2019 High. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:AAPLLong
by InvestingScope
2
Baidu: Deep Pullback to Key Support and a Golden CrossChinese stocks have been surging this year as investors embrace the country’s flourishing digital economy. However, one of its most established names hasn’t broken out yet: Baidu – “the Google of China.” BIDU entered the current environment in a weak place after years of revamping its search and advertising business. However it’s reported strong results in the last four quarters. It also surged in June on a report that Tencent may increase its stake in Iqiyi , which is majority owned by BIDU. BIDU has pulled back and digested a lot of its gains in the last two weeks. It’s returned to the $118-120 area where it’s consolidated and pivoted several times in the last year. The stock also just had a “Golden Cross,” with the 50-day simple moving average (SMA) rising up and through the 200-day SMA. This can reflect a long-term change in momentum – potentially interesting in a stock that’s lost more than half its value since July 2018.
NASDAQ:BIDULong
by TradeStation