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Quisitive Technology Solutions TA and thoughts $QUIS.VQuisitive $QUIS.V / $QUISF will report Q2 earnings on Aug 30th after the bell. This will be a company changing quarterly report IMO. For a detailed breakdown on what to expect for earnings you can follow my substack, I will be publishing an updated Q2 projection this weekend. Price has failed to break lower on the last two selloffs. the 200 dma held and the stock bounced up Friday on light volume. Take in that volume contraction over August. Besides a few large buys that show up its been quiet on the Quis front. I believe Quis will run into earnings now this week. Its not going to take a whole lot to get us up to that overhead resistance I have lined out (1.68-1.70 range). This move up implies just over a 20% gain in 6 trading days. Where the fun/risk comes into play is the market reaction to the numbers Quis puts up. IMO there is a chance Quis can push upwards of $24 million in revenue, which would be near 100% yoy growth. Again, my stack will breakdown this down in more detail. Furthermore what will drive sentiment is comments from CEO Mike Reinhart on LedgerPay commercialization being on schedule (no reason to believe it wont be) + any pilot projects that have been undertaken during Q3. Full Commercialization for LedgerPay is due after Visa Certification has been awarded, expected at end of Sept. All in all, I believe there is a trade to be had here, as well as a good buy range at the start of the week for a long position. I also have quis's chart on stockcharts set up on weekly with rsi, macd and OBV - the stock is technically oversold and has a reasonably long runway if it moves up with purpose. I believe it will. Earnings could be the set up for a stronger push up near end of Sept when LP reaches full commercialization. Again, Mike Reinhart's comments will be key here to giving the market guidance. I have a large position relative to my book in $QUIS.V, As always please do your own DD and follow your own trading rules. Cheers, Luke
QLong
by LeBelleChart
NAS100 H1 SETUPThe Nas100 is trading at the top of a corrective structure on the H1 time frame and is currently in wave 4. This means that there are two options on the table. In my opinion we are more likely to see option one play out but that is definitely not guaranteed. Option one is that the price breaks the top of the structure and moves to the target area of 15280. Option two is that there is a retracement to complete wave 5 to the bottom of the structure before the reversal and break to the target area of 15235. The weekly time frame setup suggests that the target to the upside is around the 15750 mark so I am looking to trade all the smaller long setups up to that level. From there I will need to watch for structure formations in order to see direction. Happy trading! Linton White QuickTrade Disclaimer This information is not intended as advice or as a trading signal. Should you use this information in any way whatsoever, you do so at your own personal discretion.
OANDA:NAS100USDLong
by Linton_White
7
DNEXSince last year we've seen tech rallies for many tech counters such as UWC, Greatech, Inari, MI, Penta and etc and most of it have achieved more than 100% of ROI if you bought it in early of 2020. The share price have been soared to so high to reflect the current earnings and attractive future prospects in semiconductor industry. If you are still looking for another potential tech counter that can bring you another 100% of ROI, why not just switch your attention to this counter, Dagangan Exchange Berhad or we called it DNEX. Yes, this counter has been skyrocketing from 0.10 early of this year to current price of 0.81, with highest price done at around 1.00+ due to their acquisition of Silterra Malaysia Sdn Bhd, cooperated with CGP from China funds to win the bid from Khazanah. Another giant company from Taiwan, Foxconn or Hon Hai, the major supplier to Apple Company joined the game by taking up 5% of stakeholding in DNEX at the price of 0.90 per unit of share after they loss the Silterra deal to DNEX. An interesting fact we can see from Bursa Malaysia, where there is a clear or obvious signal been showing to the market, for example Foxconn buying the shares of DNEX at 0.90, the market reacted immediately with gaping up of share price from 0.85 straight to 0.90+ in next trading day. Well, in this market situation where all the political uncertainties and rising of covid cases in Malaysia, panic buying is never a good thing in the market, especially in Bursa Malaysia. Worsened by conversion of company warrants that offered negative premium, the share price has been pressed down to nearly 0.65 before it rebounded to current price of 0.815. Okey, now we've know what is happening for the past few months on this share counter, let's move our sight to the latest movement of this counter where we can see the price has rebounded from 0.67 forming higher low and higher high to current price level with support zone in the region of 0.78 -0.80 which can be act as the cut loss point for short term play. However, I do not suggest for any contra trade or short term play in this counter, where we can see the price movement for the past few months, fluctuating above and below EMA 25 & 50 that caused many short term players cut loss their trade position. Hence, I would suggest to hold for long term for this counter (at least 1 year) with high expectation on their semiconductor segment (their have other segments as well like oil and IT, you can check from their website) that high possibility of turnaround of Silterra Malaysia Berhad, with technical support provided by one of the key person from Foxconn further by more and more business that will be brought in by CGP (already announced long term contract value of USD400 mil or RM1.7b, oh please, contract value RM1.7b for a company with current market capital of RM2.5b, are they kidding?! Haha) and I believed more and more contracts will be brought in by CGP and FOXCONN!!. So here is my strategy: Current Price: 0.815 Target Price 1: 0.90 Target Price 2: 1.00 Target Price 3: 1.50 (Mid - Long Term) Target Price 4: 2.00 (Long Term) Support 1: 0.78 - 0.80 Support 2: 0.70 Support 3: 0.65 Support 4: 0.56 - 0.60 (if break and close below, gg and can remove from the watchlist already).
MYX:DNEXLong
by WilliamKong91
DON'T get wedgied! Peak excitement on Friday - as retail traders pumped various markets with billions in cash. This was alongside institutional traders who had been bailing out. Well, retail won a significant limb of this, from the bottom edge of what now looks like an ascending broadening wedge following a major bullish drive. Biden echoed the FED's mantra on transitory inflation in the last few days. That seemed to be a signal for retail traders on the apps to dive in. Ascending broadening wedges after long bull drives north, are usually a signal of weakness. Just to be clear (and read my disclaimer below), this does not mean that the market will crash now. Price could move significantly up and whipsaw the top of the wedge before heading for the moon! 🌛 This wedge formation creates probabilities. Probabilities exist in minds. The probability estimate based on this snapshot (right now), is for a significant correction. This is not advice! This is opinion - a very different thing to advice. How probabilities work : If 'you' estimate there is a 51% chance of a correction, that leaves a 49% chance there will be no correction. A lot of novice traders forget about the lesser probability, which does not favour their mindset. There are other silent probabilities adding up in the background (DYOR): 90 year economic cycle, coinciding with 20 and 10 year cycles - and we're not out of the woods with a major pandemic. We are at year 11+. Some say 'cycles mean nothing'. Everybody is entitled to their own belief. I think these are dangerous times to be throwing money into the market going long. If you are about to short this position, you have to have money that you can afford to lose. Read that again. If you can't lose money, stop trading - instantly! Alternative reasoned perspectives are most welcome. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
WHSELFINVEST:USTECH100CFD
by Captain_Walker
CIDM Showing Signs Of LifeI drew the fib retracement starting from March 2020 lows and sure enough, it pinpointed a few key levels, the 786 fib line being one of them and CIDM is testing that as we speak. Depending on the volume and if this news event has some legs, CIDM could be one of the penny stocks to watch this week. A lot will likely come down to how it will close the day on 7/15/2021. "Only a few days ago, it announced that it was forgiven for a $2.2 million Paycheck Protection Program (PPP) loan. East-West Bank paid off not only the loan in full but the principal and interest of the PPP loan as well. This is a big deal and should reflect positively on the companies balance sheet moving forward." Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of Then today, the company reported preliminary fiscal Q4 results.It said consolidated revenue came in at $8.3 million, with streaming channel sales up 197% versus the prior-year quarter and 39% sequentially over last quarter, according to a regulatory filing. Streaming/digital revenue grew to 75% of group sales in the quarter versus 48% in the prior-year quarter. Also, CIDM announced a payoff of the remainder of its Prospect Digital Cinema loan in the amount of approximately $3.5 Million, effective July 9, 2021. Revenue from the sale of certain digital cinema equipment enabled the debt reduction and balance sheet improvement.
C
by PennyStocks101
3
DPLS Playing out vs FibsDPLS has played out almost perfectly against the Fibonacci retracement so far. Considering that it was denied around $0.20, retraced the move back to the 786 fib line, which is also around 10/11 cents or about 0.005 shy of where DPLS got denied during the June rally is interesting. If you look at levels, around 4/5 cents in February was a resistance that couldn't be broken through until June. Then after DPLS was denied at nearly 10 cents, where did it pull back to and hold above? The 5 cent area. The volume will be something to pay attention to if DPLS is still on your watch list following the denial at the 618 fib and retracement back to the 786 in my opinion. Now the focus is where does DPLS find its new range? Based on the historical chart, which so far has come through, 13-15 cents was a previous area of traffic the last time DPLS was trading consistently above 10 cents. Will that become the interim pivot point in this latest move? "Systems can quantify strains and stresses, adding to the safety profile of common industrial components. This includes monitoring structures such as pipelines, perimeters, aircraft components, and mining safety among others. Recently, the company announced the planned acquisition of TerraData Unmanned, PLC. This is a drone company that offers underwater inspection, 3D modeled mapping, and a variety of other services. 'As DarkPulse continues to build best in class technology service offerings to the critical infrastructure/key resources market we look for teams such as TerraData to bring experienced personnel and leading-edge equipment allowing the Company to operate AI-assisted inspection services in all mediums including land, sea, and air. TerraData’s ability to work in difficult marine environments with accuracy, efficiency, and expert results while eliminating risk to humans is a game-changer.' - DarkPulse CEO, Dennis O’Leary" We'll have to see what happens next based on company news and technicals Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of
OTC:DPLS
by PennyStocks101
AMZN Breaking Out! $AMZN Just broke a very crucial resistance line and should move higher. AMZN has been in an ascending triangle for the past year. We have just broke out of this pattern which historically implies further upside. Still trading at fair valuations (66x PE) given the growth potential. Also the news of the JEDI contract being rebid is very positive for AMZN, given the contact now could go to AMZN ( Worth 10b). When Microsoft received the JEDI contact critics claimed the Trump Admin was favoring Microsoft given AMZN's cloud computing abilities and the hostility between the Trump administration and Amazon. Amazon now has another chance to receive the JEDI contract which is huge for the company.
NASDAQ:AMZNLong
by Value-Invest
Will Fans...Unite?FANS back at historic resistance from a few weeks ago. With the murmurs of excitement in esports, looks like things are picking back up from related names. The biggest question is will the momo keep going or does it fail at resistance again? Still really light on the newsflow so could just be sympathy sentiment driving momentum. "FansUnite has also achieved several fundamental milestones in the last few months. Namely, the company entered a brand partnership with Cash Live Inc. The goal of this deal is to launch FansUnite branded live games on the Cash Live mobile app. The company already has a minority interest in Cash Live, which offers a free-to-play gaming app designed for mobile devices. The tech start-up has a poker and social casino game show platform with daily live-streamed shows paying out real cash to winners." Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
F
by PennyStocks101
Adcore $ADCO.TO TA Potential entry point for Long PositionAdcore has recently announced a bought deal at $1.33. the company needs capital to further grow out its sales division/initiatives in addition to capitalizing their R&D for their adtech. Bought deals are always tricky beasts, and Adcore is an illiquid stock, besides some serious selling pressure the last two days. I would recommend using a limit buy if you were looking to add and or open a long position in Adcore. I see a potential slide to the $1.26-1.29 range as being possible this week. DCA approach is always something to consider when building a position in microcaps to smooth out volatlity. This should not be interpreted as an entry for a swing trade, this is not set up for anything like that right now. Disclosure: I own shares of Adcore but in anticipation of this bought deal, given signals from CEO and recently filed prospectus I moved off most of my position in early June to be able to allow myself the opportunity to capitalize on what I thought could happen wrt to share price and it currently is. Please do DD and follow your own trading rules.
TSX:ADCO
by LeBelleChart
The End Seems NearDivergence on the RSI 4 times! Usually after 3 there's no going back but sometimes with things like Bitcoin or apparently the Nasdaq, you can have more because of the FOMO. We hit the 2.5-2.618 fib extension from the prior wave I cycle as shown. I'm thinking we enter a complex wave 4 of larger cycle degree soon. It's gonna be nasty and a lot of tech companies are gonna go bust. But the bad money needs to be cleansed and the free market needs to decide who is allowed to stay in the game. I'm looking for a 40-60% pullback. We will enter a bear market for the next year or two if this happens. I think we're nearly there. I need a further breakdown of the RSI to confirm it, but if we keep selling off this week and it accelerates, remember this chart.
CME_MINI:NQ1!Short
by MonetaryRebel
$FTFT Target PTs 11-20 and higherFuture FinTech Group Inc., through its subsidiaries, operates a real-name block chain e-commerce platform that integrates block chain and internet technology in People's Republic of China. It operates through CCM Shopping Mall Membership, Sales of Goods, and Others segments. The company offers Chain Cloud Mall (CCM), an enterprise customer interactive and comprehensive shopping and sales service platform; NONOGIRL, a cross-border e-commerce platform; and DCON, a block chain-based application incubator and a digital payment system. It also engages in the development of block chain-based e-commerce and financial technology. The company sells its products directly to end-users, exhibitions, and distributors, as well as trade Websites. The company was formerly known as SkyPeople Fruit Juice, Inc. and changed its name to Future FinTech Group Inc. in June 2017. Future FinTech Group Inc. is headquartered in Beijing, the People's Republic of China.
NASDAQ:FTFTLong
by UnknownUnicorn19246015
1
ADOBE possible FLAG formation !The technology sector is preparing to make a new high. Many stocks are after a consolidation period since September. We can clearly see that ADBE testing its highest high , so watch it. As always, diversify. If the flag pattern will follow through a big move is about to happen, one that worth risking on a trade. Previous pulse waves were relatively smooth. Side note: if you are familiar with Wyckoff theory, SPRING just happened in March... which is also a possible positive sign for a shoot up :)
NASDAQ:ADBELong
by ZoharCho
1
QCOMWith a Great ¨in the sector ¨ P/E ratio: 23x Bad PEG 9x (strange here...) bad PB radio 21.6x (the debt weight on this ratio, i guess...) Future Growth 2.6%, (here who really knows ???) now: that ´s what i like a lot apart the P/E ROE (return on equity) 91.2 % ROA Return on Asset 19.0 % (industry average 7.5 %) that mean how well the spending in assets is rentable for the company (that choke to me against the bad PEG number) ROCE Return on capital employed 27.3 % (this means management is far better than the rest of it ´s peers, industry average 9 % ) Overvalued yes ( but less than it ´s peer in EEUU industry) i guess due it ´s debt, a debt which in the counterpart is well managed, the free Cash Flow is enough to cover the nice dividend this company paid to shareholder 2%, as well interest and debt due to it ´s earnings which last year 2020 reached a 53 % of growth over 2019, (seems the debt is an inversion for the future) Mr Steve is the CEO who recently is helping Boeing as well Anyway i ´m not a professional Get advice from professionals about the numbers, to me it looks as i mention in parenthesis to said I ´m more Bullish than JP Morgan Analyst i bet for a $ 200/210 share in mid long term let ´s see how far it goes t ´ll half past May month as i said i ´m not a professional, maybe i ´m saying stupids things either the numbers comes from good and different sources (you have to make your own though) i ´m long on this one. (because of the future, elites seems to have planned for us) which could be good or bad, anyway i ´m always optimist about the future of humanity Good luck Charlie.
NASDAQ:QCOMLong
by Charlie2029
2