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ARKK Is this the right time to buy 'Innovation'?Ark Innovation ETF (ARKK) hit today its 1D MA200 (orange trend-line) for the first time since the November 13 2023 bullish break-out. This puts the price in the middle of the long-term Channel Up pattern that started on the December 28 2022 bottom. As long as the price action closes the 1D candles above the 1D MA200, we expect an instant rebound. If it breaks above the 1D MA50 (blue trend-line), then our target will be 66.00 (+47.67%, which is the shortest rally it has had within the Channel Up. A closing below the 1D MA200 though should go for at least a -23.34% decline from the top, which will be our buy entry for the long-term, but our Target will be modified to 61.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
AMEX:ARKKLong
by TradingShot
1
TENCENT Most optimal level to sell long-termTencent Holding LTD (TCTZF) has been trading within a long-term Channel Down since the January 30 2023 High. Such +1 year consistency is hard to overlook technically, especially since the price got rejected last week not just on the Channel Down top (Lower Highs trend-line), but also on the 1D MA200 (orange trend-line). It has to be said that despite the rejection and the fact that the 1D MA200 has been essentially the Resistance since the August 10 2023 bearish break-out, it did manage a closing above it for the first time in such a long time-frame but the last Thursday - Friday strong rejection, potentially shows that the market hasn't shaken off the long-term bearish sentiment. On top of that, the 1D RSI got rejected exactly on its Resistance, the 70.00 overbought barrier, which is where it got rejected right before the last Lower High on November 14 2023. As a result we turn bearish again on this stock, targeting $32.00, which represents a -21.12% decline from the top, the lowest decline it had within this +1 year Channel Down on the March 15 2023 Low. In fact all Bearish Legs have been pretty symmetrical, ranging from -21.12% to -24.85%. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
OTC:TCTZFShort
by TradingShot
1
Microsoft (MSFT): Climbing to New Heights or Ready for Reversal?For Microsoft, we've recently observed an uptick and, for visualisation, activated the 100% level on the two-day chart as a maximum target. A closer look on the two-hour chart suggests that we might be in the final wave, Wave 5. Since developing Waves ((iii)) and ((iv)), we've formed four more waves and are now approaching a new all-time high. We consider a maximum of $450 to be realistic, though further increases are possible. After such a substantial rise, we expect the target range to be between 38.6% and 54%, around $450. This area could be intriguing to monitor for a potential trend reversal. If such a reversal occurs around $450, we would look out for possible short positions. However, should we significantly surpass this level, which we currently don't anticipate, we would seek long positions. Depending on these developments, we'll adjust our strategy accordingly.
NASDAQ:MSFTShort
by freeguy_by_wmc
$SFRX Long with price target of 2020 high 0.0179¢Seafarer Exploration’s SeaSearcher drone is set to take the treasure-hunting world by storm The current SeaSearcher prototype, getting put to the test in Florida As any frequent viewer of the Discovery Channel will know, the search for sunken treasure typically involves sifting through the sand, just hoping to unearth gold or silver. The SeaSearcher underwater drone, however, may soon point clients right to the booty. Currently in functioning prototype form, the battery-electric SeaSearcher is being developed by Florida startup Seafarer Exploration. It was designed by engineer Tim Reynolds, CEO of partnering company Wild Manta. The vehicle's big claim to fame is that it can detect – and differentiate between – various types of metal buried up to 10 meters (33 ft) beneath the seabed, creating and relaying a 3D digital map of their location. "I've been given the rights to salvage old Spanish and other types of wrecks along the coastline, here in Florida," Seafarer CEO Kyle Kennedy told us. "All these ships used to dock in Havana, they would load up with gold from the New World, and head up the Gulf Stream before heading across the ocean. Storms would sink them, on their routes. There's over a thousand of these shipwrecks, but the problem is, there's never been equipment that would show you where gold and silver was, under the sand." The exact means by which the SeaSearcher does allegedly show you is a closely guarded trade secret. However, we have been told that the drone can descend to depths of up to 100 m (328 ft), then cruise about 1 m (3 ft) above the seafloor, emitting electromagnetic, RF and acoustic waves of varying modulation formats as it does so. Utilizing machine-learning-based algorithms running in real time, it analyzes the manner in which any buried metal objects are "energized" by those waves. As a result, the vehicle is reportedly able to determine the depth at which those objects are located, along with the type of metal they're made of. The SeaSearcher's operator interface displays a 3D map showing the location of buried metal objects Seafarer Exploration In a field test recently conducted at a Florida wreck site, the SeaSeacher didn't find any gold or silver, but it is claimed to have identified brass, iron, copper, aluminum, lead and stainless steel items. The geographical location of the detected metals is determined in two ways. First of all, since radio waves don't travel well through the water, the SeaSearcher tows a floating buoy along the surface above itself. The GPS coordinates of that buoy are recorded and transmitted to the crew, aboard a nearby support boat from which the SeaSearcher was launched. That said, strong currents or rough weather can cause the buoy to end up a fair distance away from the drone – after all, the cable by which it's towed has to contain some slack, meaning it doesn't go straight down to the SeaSearcher. For that reason, a triangulation system developed by the US Navy can also be used. It incorporates a submerged platform which hangs over the side of the support boat, where it sends and receives sonar pings to and from the drone. A rendering of the 2nd-generation SeaSearcher, which will be optimized for use in a towfish configuration Seafarer Exploration The SeaSearcher can be used as an ROV (remotely operated vehicle), an AUV (autonomous underwater vehicle) that follows a preprogrammed search pattern, or in a towfish setup, wherein it's towed behind a boat. Since Seafarer doesn't want competitors getting their hands on the technology and figuring out precisely how it works, plans call for the company to instead offer the SeaSearcher and an operator as a service to treasure-hunting clients. Kennedy believes that the service should be available within six months. In the meantime, he hopes to raise funds by using the drone to discover some sunken treasure of his own. "The world doesn't believe that this device works, right now," he said. "As soon as we prove that it works on treasure, we'll do some white papers and independent tests and all that good stuff. But right now, all I need it to do is show me some massive amounts of gold and silver, and then I don't really care what the world thinks." Learn More Here: newatlas.com
OTC:SFRXLong
by astrothtrader
2
GOTO: Price Action Analysis After TikTok's AcquisitionTikTok, owned by ByteDance Ltd., has entered into a significant agreement to invest $1.5 billion in a joint venture with Indonesia's GoTo Group. As part of this deal, TikTok will acquire 75.01% of GoTo's PT Tokopedia for $840 million. This strategic move involves integrating TikTok Shop's Indonesia business into the expanded entity, marking TikTok's return to the e-commerce landscape in Indonesia. The partnership aims to navigate and strengthen the online retail market, presenting a substantial investment by TikTok in the region. The acquisition is set to reshape the e-commerce landscape and boost market competition. The initial market response has been negative, potentially influenced by profit-taking after a strong run-up. Some analysts believe the negative sentiment could stem from concerns regarding the impact of the acquisition on both TikTok and Tokopedia's market positions. Now, Let's delve deeper into the technical analysis of GOTO After facing multiple rejections around a significant resistance area and a dynamic resistance line (EMA 200 Line), the price exhibited the formation of a rising wedge pattern. This pattern, marked by two converging upward-trending lines, saw a subsequent breakout characterized by a bearish Marubozu candlestick and a notable increase in trading volume. This occurrence suggests a continuation of the bearish trend, emphasizing the strong selling pressure in the market. The confirmation of this potential bearish scenario is further supported by the MACD Indicator, which exhibited a death cross. The convergence of these technical signals indicates a robust indication of ongoing bearish momentum toward the target area. It is essential to note that the analysis will no longer hold validity once the target/resistance area is reached. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on IDX:GOTO ." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below!
IDX:GOTOShort
by financialfreedomgoals101
Nvidia near its cycle peakYou can't turn on the TV without hearing about Nvidia that means that we're in the cycle distribution phase, can the stock rally to $1,300 certainly so this isn't a call to sell $950 today at all, but it is a call that the years high probably happens between now and July 4th start to make your exit plan now, so that when $1,300 arrives, you know what to do. as new ATH print every week, it becomes easy to accidentally wind up as a boiled frog. SMCI monster rally will chart a similar course
NASDAQ:NVDA
by noam_chom
Beautiful Breakout and strong fundamentals - AppLovin NASDAQ:APP has an outstanding chart in my opinion. I've been following this stock for years now and waiting for the right time to get in. Although it's already rallied 70% YTD, the momentum this particular stock has combined with it's increasingly impressive earnings reports make it a strong buy. They have been steadily increasing cash flow on top of accelerating earnings growth. The last 3 quarters it's beat analyst estimates and it's my personal opinion that we are in the midst of a era where web apps as well as mobile apps are being developed very rapidly, increasingly by individuals and smaller companies. Net Income, Margins and Returns on Equity and Assets are all increasing. No wonder it's more than quadrupled since it's bottom of $9.00 Think of Streamlit, for you coders, and Snowflake's NYSE:SNOW increasing presence in owning these, and similar technologies. NASDAQ:APP is operating in a similar space and they really offer it all when it comes to building applications for your business. The estimate revisions are surprising and look very strong going into next year. See the Zack's Estimate Revisions below. (Current Quarter/Next Current Year/Next) CQ NQ CY NY Current 0.56 0.59 2.48 3.08 7 Days Ago 0.56 0.59 2.48 3.08 30 Days Ago 0.33 0.31 1.56 1.71 60 Days Ago 0.33 0.31 1.58 1.71 90 Days Ago 0.33 0.31 1.58 1.63
NASDAQ:APPLong
by DontSlamTheDoor
Elliott Wave: Nvidia pullsback ahead of earnings Hey all. Markets can see some volatile price action today, because of the release of FOMC minutes, when investors will look for any new details or change in tone regarding FED's policy. But then, after the US close speculators will be focused on Nvidia earning reports. This data can be important, not only for stock it self, but also for the technology sector and bitcoin as well. We will see how market react, but from an Elliott wave perspective market can still be in a corrective pullback, rather than making a topping pattern. Lets see. Grega
NASDAQ:NVDA
by ew-forecast
Hidden Gem in Tech Investments for 2024? Is Karooooo Ltd. (NASDAQ:KARO) the Hidden Gem in Tech Investments for 2024? Unveiling Its Explosive Potential! Introduction: Karooooo Ltd. (NASDAQ:KARO), a powerhouse in mobility software-as-a-service (SaaS) solutions, has been making waves in the connected vehicle space. With a comprehensive suite of services designed for fleet management, risk management, and logistical optimization, Karooooo's recent financial performances and market positioning suggest a company on the rise. This analysis delves into the details, providing investors with a clear picture of Karooooo's potential. Revenue and Profit Forecasts: Karooooo has demonstrated a strong financial performance, with a noteworthy increase in subscription revenue and earnings in Q2 2024. This trend is underpinned by an innovative product lineup and a solid market presence, promising a bright future for the company. Analysts have set the price target for KARO shares to range from $29.00 to $31.00, indicating a potential upside of approximately 21.9% from its current price​​​​. Growth Drivers: The primary growth drivers for Karooooo include its cutting-edge Fleet Telematics, LiveVision, MiFleet, and Karooooo Logistics platforms. These solutions cater to a growing demand for efficient fleet management and connected vehicle services across various sectors. Moreover, the company's strategic geographic expansion and focus on innovation are pivotal to its growth trajectory. Recent Financial Performance: Karooooo reported impressive earnings for Q3 2024, with EPS and revenues surpassing analyst expectations. This performance reflects the company's ability to exceed in a competitive landscape, reinforcing its market position and investment appeal​​. Technical and Market Outlook: Despite a fluctuating market, Karooooo has shown resilience with a relatively stable share price. The company's stock demonstrates less volatility compared to the broader software industry, suggesting a potentially safer investment in a volatile tech sector​​. Conclusion: Karooooo Ltd. stands out as a compelling investment option within the tech sphere, thanks to its robust financial performance, innovative service offerings, and strategic market positioning. As the company continues to navigate the dynamic tech landscape with agility and innovation, it presents a unique opportunity for investors seeking growth in the connected vehicle sector. With analysts forecasting a positive upside, Karooooo is undoubtedly a stock to watch in 2024. --------------- NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
NASDAQ:KAROLong
by olimchik
I am just saying, no fear of missing out here...Bearish short-term, but Bullish longterm... Palantir Technologies, Inc. is a holding company, which 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. The firm offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Its products include Palantir Gotham and Palantir Foundry. The company was founded by Stephen Cohen, Nathan Dale Gettings, Joseph Lonsdale, Alexander C. Karp, and Peter Andreas Thiel in 2003 and is headquartered in Denver, CO.
PShort
by EndlessCode
#AAPL Threatening to break uptrend since start of yearApple is looking rather precarious in my opinion. This will be the 4th touch of the upsloping trendling which has kept support intact and allowed Apple to gradually move higher since the beginning of 2023. We also seem to be morphing in the shape of a flat top triangle which are known notoriously to break down. Apple has also held above its 200dma (green ma) but now seems to be losing that as well. Should we see a convincing close below this $181 level, then there is a strong possibility that the stock could fall as low as $164 which is the target of the flat top triangle breaking down..
NASDAQ:AAPLShort
by MarcoOlevano
Investment Opportunity in Innovative Food TechnologyPapa Murphy's Holdings, Inc. (NASDAQ:FRSH) , known for its unique "take-and-bake" pizza concept, presents an attractive investment opportunity in the fast-food sector. While many companies in this industry face challenges related to changing consumer preferences and operational costs, Papa Murphy's stands out with its innovative business model. Analysts note that Papa Murphy's offers a unique product that aligns with current trends in healthy eating and consumer preferences for home cooking. This differentiates the company from traditional fast-food chains and gives it a competitive edge. Furthermore, the company demonstrates strong financial performance and effective cost management, making its shares attractive in terms of value. The growth in sales and expansion of the store network indicate a robust business model and potential for further expansion. Papa Murphy's is also actively investing in digital integration and online ordering, enhancing its presence in the digital economy sector and increasing convenience for customers. This positions the company to attract a new generation of consumers who prefer convenience and personalized food options. In conclusion, FRSH offers a unique investment opportunity in the restaurant sector. Its innovative model, strong financial performance, and strategic focus on digitalization and healthy eating make it attractive to investors seeking growth and stability in the food industry.
NASDAQ:FRSHLong
by olimchik
HUBS - running since the big earnings beat in NovemberHUBS on the 3 0 minute chart has been trending up since the last earnings. It is above the high volume area of the volume profile. Basically it is so trong it is not attracting any short sellers. Waves of new buyers buy from the float or from those who are collecting their profits and making room for others. I got a share as a test with the dip the first week of January and another today. I see this as intermediate term swing trade. If earnings is a huge beat again, I will get a third share when I see a dip or fade and then another before the next earnings. Options can be played for those with large risk capital on the sidelines. Seemingly, although HUBS does not get headlines a great gain is a reasonable potential.
NYSE:HUBSLong
by AwesomeAvani
Sector Rotation Before CPI (SPY, QQQ)Clear sector rotation has been observed a day before CPI data release on Tuesday morning. It seems traders are getting out of Technology ( AMEX:XLK ) stocks and defensive sectors like Utilities ( AMEX:XLU ), Basic Materials ( AMEX:XLB ) as well as Industrials ( AMEX:XLI ) have been climbing up. HIGHLIGHT: The chart depicts S&P 500 ETF ( AMEX:SPY ) along with a ranking of all the major sectors at the bottom of the chart in an hourly setup. During the final hours of the last trading day (Monday) there has been a sharp sell-off of tech stocks as the industrials and basic materials have climbed up in strength. A slow decline in Health Care ( AMEX:XLV ) and gradual rise in Financials ( AMEX:XLF ) over last few days have also been observed. Please note that the first CPI of the year (January) usually creates volatility in the market. Which has also been observed in above 3% rise in the Volatility Index ( CBOE:VIX / AMEX:UVXY ) looking into the CPI release. s3.tradingview.com
AMEX:SPY
by Trading-Economist
ZDGE an advertising penny stock LONGZDGE stock price is up 150% in 3 months but can it continue. The analysts are projecting a forecast of $ 7.00, The chart here is on a 15 minte time frame. Price broke out of consolidation and got above the high volume area 3 weeks ago. ZDGE has quarterly earnings in two trading days. This could easily be a quick intraweek swing trade expecting 10-50% as a profit for the week. The call options for this Friday bought the past Friday morning did 285% for the day. High ris hi reward it is the nature of the beasts that are penny stocks. High rising volumes and rising relative strength lend support to immediately raising the position. The caution here given the volatility is the mass index indicator whose signal line has exceeded the threshold but not yet triggered. Volume and strength fell a little on the Friday afternoon market close. I will add to the position but remain cautious that this might cool down in a hurry on the earnings report.
AMEX:ZDGELong
by AwesomeAvani
ABNB (Long) - end of the choppiness? Looking at my past track record, I am becoming somewhat of a fanless guru hahah - I better knock on some wood; otherwise the market goods give me a losing streak like I have never seen. However, it is nice to see how these age-old rules coupled with some patience work. Anyways, enough of bragging and lets get to the trade Fundamentals The market is disgustingly overbought , so this trade is on only if the NASDAQ:ABNB earnings deliver Overall, right now, I would only purchase stocks that have already posted blockbuster earnings, otherwise I am in expectations of a pullback that should last at least a couple of weeks (c. 2-4) Considering how ridiculous are some valuations getting in the market, ABNB is actually priced quiet reasonably, almost conservatively The company is pretty much printing money with a net profit margin of 58% (up from 20% a year ago) ,which is, honestly, incredible, hence the P/E of 'only' 18 The earnings have grown by 253% yoy, and the revenue is steadily marching higher The firm is not bending under a pile of debt with a Debt/Equity ratio of 0.2 - so, no interest burdens Technicals Given that Airbnb is a famous and popular brand, it is almost shocking how badly the stock has been performing since the IPO, having moved basically nowhere However, the chart has been putting in the work to build us a nicer a picture (an accumulating base) and we are nearing something that could potentially be a marvellous breakout, which is not incidentally coinciding with upcoming earnings Throughout this whole period, the stock has been gradually being accumulated with almost no major distribution periods (check the indicator) Indicators like MACD and Stochastics showing strong momentum Trade This part is a bit tricky - if the earnings disappoint, then the trade is probably off because the setup goes to sh**; if the stock shows strong earnings than we can probably expect a major pop, which means we will have to be chasing But if you backtest strong earnings , you can see that it is worth chasing even a major earnings pop - the price tends to carry on performing strongly (e.g. NASDAQ:ARM , NYSE:PLTR etc. - from some of the recent examples) 'Meeting estimates' results that would barely move the stock is probably good, but I would wait a bit for more stock price action If the stock pops, but there is no follow through - is usually a bad signal and should be watched out for Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation , it motivates me to keep producing ideas, thank you :)
NASDAQ:ABNBLong
by jurajholik