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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
AMD EXTENED LINE'S EXTENDED LINE EDITION (CONTINUE OR FALL)If you've been following me with AMD, we're pretty much out at this point, as we've been targeting the trade since 93, and there isn't much point to miss a few extra percentage points on the topside at the risk of losing all or much of the profits. HOWEVER, there are still trades to the topside, as far as trades heading to the bottom side. Marked in thick green and thick red are the TWO STRONGEST support and rejection trends I could find. Do more exist? Maybe, but you'll need a better analyst that me to find those. Light red are steep support trends that have been building on top of each other (stacking) Think of this like a skyscraper being built. All indicators point that we are nearing a top. However, this means nothing as short term indicators can theoretically keep pumping the price over the long term targets, which would see numbers at 200+ Notice the time frame of the chart, 2h, meaning it won't last for more than a couple weeks and you'll likely have a whole new set of trends. A move like this into earnings is going to be the big question. 179 189 are two really strong rejection lines. May not be exact, but close. You really need to analyze in real time at this point because move will happen faster and faster. I would say, should the price not hold 171.00, I would wait to see what happens in the short term, and try and buy the dip if it occurs pre earnings, with a potential trade before, on or right after earnings. I would then be waiting on topside for a short entry rather than pushing my luck as a bull. If you follow me with trades, you'll know that we essentially speak in probability. Meaning, at or above 189, I'm more likely to screw up than make a good trade, and if I screw up, there is a lot of downside showing, which will do absolutely nothing to cover the mistake (loss). Having said that, if you're a short term trader and familiar with short term trading, yes there are absolutely still chances to trade above this level should it occur. We would also say, there is a better than average chance that should I wait for some of these topside targets to hit and enter short, I have a better than average chance to both profit, and make more overall money, than trying to time out more really short term trades. It's all about profitability, risk, percentages, and patience. Waiting for the RIGHT trade IS 1000% better than jumping into a trade you missed because you have FOMO. There will almost always be another buy, there will almost always be another stock moving up the percentage you missed. Idk, what it would be called in formal terms, but I call it the sniper strategy. Good luck!! I've attached all previous AMD charts to this chart.
NASDAQ:AMD
by nicktussing77
1
NASDAQ100 Slows Down For An Intraday CorrectionNasdaq100 is in strong bullish trend and there can be room for more upside within a projected intraday five-wave bullish cycle. Nasdaq100 futures recently slide as Alphabet shares drop on disappointing Google ad revenue. However, that's pretty nice textbook 17300 - 17200 support area within an (a)-(b)-(c) correction for wave "iv", so ahead of today's FED meeting, be aware of a bullish continuation for wave "v". Invalidation level is at 17050.
CME_MINI:NQ1!Long
by ew-forecast
JK TYRE - Cup & Handle Breakout Cup & Handle pattern breakout done in JK TYRE Please kindly wait for Retesting the level 205 You just keep an eye on this stock I will update instantly about this stock Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. HAPPY TRADING GUYS
NSE:JKTYRE
by Jagadheesh_JP
2
$NET near pivotCloudflare develops software for firewall, routing, traffic optimization, load balancing, and other network services IS ranked #1 in its industry by IDB and has a IBD relative strength rating of 94. research.investors.com NYSE:NET is looking very good, it just gapped up after a flag patter and is on its way to new highs A close above $87.75 would be my signal to buy with a target sell at $110 I'd use the gap zone as support zone to place my stop just below it, is good risk-reward.
NYSE:NETLong
by dpuleo19
NETFLIX Will the stream giant correct after the Earnings?Netflix (NFLX) is reporting Earnings today and what we see from the past 4 weeks that has been unable to make new Highs, it might be pricing a peak. That peak might be a technical Higher High formation on the 1.5 year Channel Up, which is the Earnings disappoint, can initiate a medium-term correction towards the 1W MA200 (orange trend-line) and 1W MA50 (blue trend-line) Support Zone. The technical confirmation for a sell will most likely be a 1W candle closing below the 1D MA50 (red trend-line), which has been the standard support of uptrends within the Channel Up. In addition to that, we will be expecting to see the 1W MACD form a Bearish Cross. On that signal, we will target 425.00. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXShort
by TradingShot
1
CISCO Strong Bullish Break-outCisco Systems (CSCO) is sustainably breaking above the Lower Highs trend-line that started on the September 01 2023 High, which was a Higher High on the 1.5 year Channel Up pattern. This break-out has turned the 1D MA50 (blue trend-line) into a Support and the only barrier that remains before a new bullish wave is the 1D MA200 (orange trend-line). If broken (1D candle closing above it), we will target Resistance 1 at 53.50. Notice how based on the 1D MACD symmetry we are on the exact same consolidation levels (blue ellipse) before which a strong rally followed. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:CSCOLong
by TradingShot
Microsoft - Triangle BreakoutHello Traders, welcome to today's analysis of Microsoft. -------- Explanation of my video analysis: All the way back in 2014 Microsoft stock perfectly broke above a major resistance area at the $35 level and entered a +1.000% bullmarket. Over the past three years Microsoft has been trading within an ascending triangle and recently broke out towards the upside. If we see a retest of the breakout level mentioned in the analysis, I am looking for bullish trading setups. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:MSFT
by basictradingtv
3
TESLA Breaking below the 1W MA50 again but NOT a BUY yet.Three weeks ago we mentioned the importance of the All Time High (ATH) Lower Highs trend-line on Tesla (TSLA) and how critical it would be for the price to finally break above it for the first time in more than 2 years: The 'Do or die moment' as we called it failed to deliver and the price got emphatically rejected on the Lower Highs for the 5th time. This rejection has brought the price below the 1W MA50 (blue trend-line) yet again on pre-market. The natural zone of Support now is the January 06 2023 Higher Lows trend-line (Cycle bottom) and the April 27 2023 Higher Lows (dashed) trend-line. As long as it holds, we expect a short-term bounce and another test of the ATH Lower Highs trend-line. If the stock breaks above the ATH Lower Highs, we will buy for a long-term rally and target 345.00. If the price breaks below the (dashed) April 27 2023 Higher Lows, we can expect a bottom as low as even 180.00, which is the Lower Lows (bottom) trend-line) of the Channel Down that started on the July 19 2023 High. If the 1D RSI though breaks first the 30.00 oversold barrier, we will take the profit on shorts and turn into a long-term buy (Target at $345.00 again) as every time the RSI turned oversold at 30.00, since December 2022, it was the most efficient buy opportunity we could get. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLA
by TradingShot