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CSOD: Longterm investment with over 50% upside!Great growth potential! Posted some details below. Recently closed acquisition of Description: Cloud Computing Services Cornerstone OnDemand, Inc. engages in the provision of learning and talent management solutions delivered as Software-as-a-Service. It is also involved in providing support packages; client success framework; technical consulting; and content, implementation, business consulting, and educational services. News: - Cornerstone Ondemand Says Company Will Eliminate About 270 Positions As Part Of Co's Acquisition Of Saba Software - Reports Q1 (Mar) earnings of $0.23 per share, $0.02 worse than the S&P Capital IQ Consensus of $0.25; revenues rose 7.2% year/year to $150.1 mln vs the $147.76 mln S&P Capital IQ Consensus. - Commentary: "Our first quarter was progressing well until the COVID-19 pandemic headwinds began to slow new sales at the end of March. To offset the impact of these headwinds, we have been able to augment and accelerate the synergies from the Saba acquisition as our integration progresses ahead of plan. We now expect to realize $50 million in run-rate synergies as we exit 2020, as compared to our prior guidance of $35 million over twenty-four months... even under extreme scenarios, such as assuming no new sales through the end of 2021, we still expect to increase our cash balances through the end of 2021. This gives us a high level of confidence in our ability to weather this storm." EV: $2.23B MC: $2.39B EBITDA Margins 26% Revenue Growth: 29.8% Valuation Actual LTM Consensus EV / Revenue: 3.80x 2.98x EV / EBITDA: 16.87x 11.13x EV / EBIT: 23.65x 15.50x Price / Earnings: 32.25 33.11x Financials Actual LTM Consensus Revenue: $586.54M $748.23M EBITDA: $131.97M $200.09M EBIT: $94.16M $143.64M EPS: $1.16 $1.13
CLong
by SwingingForward
Not the time to SHORT ZM yetZM is still very much on the bullish side of the trend line and the next few days will decide if it makes or break. Watch the 244.03 mark. If it fails to break above that mark in the next few days, it's a long way down for this boy. Either way, I WILL NOT RECOMMEND to LONG ZM at this point as the risk/reward ratio not great and the p/e ratio of >1300 is just plain insanity. I will continue looking for a good Short entry. Good luck everyone Lines Legend 1. Horizontal lines: Used to mark out major resistances and support based on points with larger trading volume (buy & sell), as well as any gap(s). 2. Diagonal lines: These are trend lines to mark out the price points that would if the stock is still bullish or bearish Technical indicators used 1. VWAP 2. EMA 3. RSI
NASDAQ:ZM
by aozh
Advanced Micro: If at First You Don’t Succeed…Advanced Micro Devices was the S&P 500’s top performer in both 2018 and 2019. It’s having another positive year, but remains trapped at a key resistance line that started in late February. AMD tried to break out last week after finding support at its 50-day simple moving average (SMA). It peaked out after the Fed meeting, along with the rest of the market and quickly fell back into its range. The next day brought the S&P 500’s worst drop since mid-March, but buyers still defended AMD's 50-day SMA. And, it’s holding that line again today. Bollinger Band width shows how tightly AMD has traded as prices squeeze between the 50-day SMA and the trend line. This may create the potential for a strong run if the stock closes much above $56. It’s also noteworthy that the current price zone is above its long-term high of $48.50 from June 2000. That may add fuel to the fire if it breaks out and starts running. AMD is one of the most active options underliers, averaging more than 350,000 contracts per session. Momentum traders know this name well. The bulls tried and failed last week. But will they give it another try soon?
NASDAQ:AMD
by TradeStation
1
Amazon.com Holds Breakout to a New HighAmazon.com barely flinched when coronavirus slammed markets in February and March. Along with Netflix, it was one of the first major names to break out in April. And now it’s showing signs of continuation to the upside. Few stocks seem to have a stronger fundamental story than AMZN because coronavirus has boosted both halves of its business: e-commerce and cloud computing. It’s now in a position to clean up as traditional retailers go under and more businesses adopt AWS. Several indicators highlight the trillion-dollar company’s technical strength. First, the moving averages show how AMZN’s price action has opened following a year of tight consolidation. Second is the ascending triangle after its breakout, which it escaped last week. Next, stochastics show the stock retreated from overbought conditions. While it’s not yet oversold, it may not get much cheaper given the price action elsewhere in the Nasdaq . Finally, the Bollinger Band width shows AMZN’s range is just now starting to expand. Given its tight range, traders may want to lean on the bullish side with risk management below the May 20-21 high around $2,500.
NASDAQ:AMZNLong
by TradeStation
$SONO can rise in the next daysContextual immersion trading strategy idea. Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products. The share price rose after the company announced that it had completed the technology upgrade — us.cnn.com 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 in the next days. So I opened a long position from $12,60; stop-loss — $11,65. 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!
NASDAQ:SONOLong
by KozakHlib
Under-the-Radar Surge in EricssonThe S&P 500 is having its worst drop since mid-March. On days like today it can be useful to scan for stocks under accumulation before the selling hit. One of those is Ericsson. ERIC started running last month after President Trump moved against Huawei. Analysts see that helping the Swedish telecom supplier gain market share in U.S. 5G networks. ERIC was trapped at its 200-day simple moving average (SMA) before the story hit. It then broke out and ran to an 11-month high before rolling over. The rally was interesting because it wasn’t anything like the dead-cat bounces in other parts of the market. ERIC was basing out before the pandemic and then fell much less when lockdowns began. It’s now above old resistance, while airlines and hotels are below resistance. ERIC’s 50-day SMA also rose above the 200-day SMA this week. That kind of “Golden Cross” is also consistent with a longer-term turnaround. The current price level in ERIC isn’t hugely attractive. Given today’s large bearish candle, there could still be follow-through pressure in coming sessions. A retest toward $8.50, near the 50-day SMA, could also be in the cards. In conclusion, technical analysis can often be a good way of doing fundamental analysis. Right now, the chart in ERIC is showing signs of a more significant turnaround. It could be a name to watch as the market chops around in the next week or so.
NASDAQ:ERIC
by TradeStation
1
Facebook Exits Triangle as Nasdaq Takes the Lead AgainFor several weeks, value stocks like airlines, energy , financials and industrials have outperformed. Coronavirus hammered these companies the most because they’re very sensitive to the economy, so it’s not a surprise that they enjoyed strong bounces as the social lockdowns ended. The Nasdaq-100 underperformed during the same time, but didn’t roll over. In fact, it snuck to new record highs last week as Apple broke out of a triangle. Amazon.com also broke out, while other megacap technology names like Microsoft and Alphabet squeezed into tight ranges. And then there’s Facebook, which broke out on May 20. FB’s catalyst at the time was the launch of its new Shops service catering to small businesses. It then formed a high and tight consolidation pattern above its January highs. Last week it formed a bullish inside candle, and today it’s breaking through the top of that range. This could be a positive sign for FB and the Nasdaq-100 in general. “FANG” stocks and other large growth names have been the backbone of this market for years. Now that the value bounce in energy and financials is pausing, will money flow back into the established leaders? By the way, GOOGL is flirting with a trillion dollar market cap just now. FB follows on the list with a valuation around $680 billion. How long before the social media-giant is viewed as the next member of the club?
NASDAQ:META
by TradeStation
$PRSP can rise in the next daysContextual immersion trading strategy idea. Perspecta Inc. provides enterprise information technology (IT) services to government customers in the United States federal, state, and local markets. The share price rose after the company had awarded a $237 million program to deliver a new training information management system to the U.S. Army. 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 in the next days. So I opened a long position from $24,64; stop-loss — $23,63. 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!
PLong
by KozakHlib
$DBX can rise in the next daysContextual immersion trading strategy idea. Dropbox, Inc. provides a collaboration platform worldwide. The demand for shares of the company looks higher than the supply. This and other conditions can cause a rise in the share price in the next days. So I opened a long position from $23,53; stop-loss — $22,32. 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!
NASDAQ:DBXLong
by KozakHlib
Micrsoft - long term buys. Fresh demand allowing to go long, due to a weak level Looking to break all time highs. once it does, we will look for a sell entry once we have confirmation of a strong supply. If a risk off scenario occurs, go short, with another opportunity to long again. we have a very strong level to buy from. Coronavirus effect - meaning the previous high needed a fresh touch in order for long positions. Fundamentals - these are great but we do not look at these much. create its first data centre region in Italy under a $1.5 billion investment plan as the U.S. company expands its cloud computing services, with partnership of TIM telecom italia mobile.
NASDAQ:MSFT
by LupaCapital
$DELL can rise in the next daysContextual immersion trading strategy idea. Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide. The share price rose after good earnings. I see some preconditions the share price will continue growing. 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 in the next days. So I opened a long position from $49,36; stop-loss — $48,28. 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!
NYSE:DELLLong
by KozakHlib
$CRNC can rise in the next daysContextual immersion trading strategy idea. Cerence Inc. provides A.I. powered assistants and innovations for connected and autonomous vehicles. The share price rose after good earnings. I see some preconditions the share price will continue growing. 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 in the next days. So I opened a long position from $35,14; stop-loss — $33,71. 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!
NASDAQ:CRNCLong
by KozakHlib
7
Apple Sneaks Toward a BreakoutInvestor sentiment has recently focused on beaten down cyclical stocks like banks and energy, distracting from megacap technology names. But traders shouldn’t forget about Apple. The iPhone giant is squeezing into a very tight range near its pre-Covid peaks. It’s also made higher lows while remaining trapped below $324, resulting in a bullish ascending triangle. Recent data has shown strong growth in the App Store, possibly because social distancing drove engagement. AAPL now stands to benefit from the lockdowns ending because almost half its U.S. stores will be open again this week. Heads, AAPL wins. Tails, the bears lose.
NASDAQ:AAPLLong
by TradeStation
1
Micron Technology: Tight Flag as 50-day SMA Turns HigherMicron Technology has staggered since the market crashed in February and March. The chip stock is very sensitive to the economy because of its reliance on the cyclical memory-chip market. If the global shutdowns continue, MU faces the risk of falling orders and prices. But if things recover, it controls a valuable corner of a strategically key industry. This feast-or-famine scenario has played out on the chart as MU hugs $45. That level was important in mid-2019 and again last December. The 50-day simple moving average (SMA) also turned positive last week. MU has a formed a mini-downtrend / bullish flag in the last month that now has breakout potential. With optimism about the economy spreading, buyers may get more active if $45 holds and resistance around $47 breaks.
NASDAQ:MU
by TradeStation
2
Philadelphia Semiconductor Index Drags the QQQs HigherChips have been one of the strongest industry groups in the last several years. The drivers are mobility, cloud computing, gaming and increased semiconductor use in general (including autos and industrial devices). 5G is another looming catalyst. Today the Philadelphia Semiconductor Index is on pace for its highest close since coronavirus first hammered the market on Monday, February 24. SOX has spent almost an entire month battling its way above the 200-day simple moving average (SMA) and now even its 50-day SMA has turned positive. Meanwhile, various reports hint that the economy is rebounding. For example: the New York Empire index and consumer sentiment last week and NAHB’s sentiment index yesterday. (These cover May, not April.) In the old days, investors played an economic recovery with banks, retailers, energy and transports. While those stocks may also benefit, chips have become the new bellwether for the economy in general. So if a recovery is here, traders are now just as likely to buy semiconductors over those “ value ” buckets. SOX doesn’t have any obvious chart patterns, but its price action seems to reflect confidence in a recovery. Traders may want to look for opportunities in the space – especially in names like Teradayne that continue to hug their 200-day SMAs. Chips are also among the most active underliers in the options market, which may provide traders with opportunities as well.
TVC:SOX
by TradeStation
AMAT: Chip Giant Tries to Clear Bullish TriangleSeveral technology stocks have formed bullish triangles as they consolidate from the last few months’ of volatility. These include Microsoft , Salesforce.com and Mastercard – all playing out to the upside. Today another appears on the list: Semiconductor-equipment firm Applied Materials . AMAT has been trapped below its 200-day simple moving average (SMA) since mid-April. It’s also started making higher lows this month, resulting in an ascending triangle with the potential for a breakout to the upside. The stock is also eclipsing its April highs now. That will likely trigger some alerts for momentum followers. AMAT reported decent earnings on May 14. Given its central role in the chip space, it’s very much a play on semiconductors overall. If you’re a believer in the industry and not too worried about Trump and the Huawei threat, then you might want to check out AMAT as it attempts to clear this triangle.
NASDAQ:AMATLong
by TradeStation
$OCFT can rise in the next daysContextual immersion trading strategy idea. OneConnect Financial Technology Co., Ltd. operates as a technology-as-a-service platform for financial institutions in the People's Republic of China. The share price rose after good earnings. I see some preconditions the share price will continue growing. 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 in the next days. So I opened a long position from $15,05; stop-loss — $13,85. 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!
NYSE:OCFTLong
by KozakHlib
$LITE can fall in the next daysContextual immersion trading strategy idea. Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The share price fell after bad earnings. It looks like it will continue falling. The demand for shares of the company still looks lower than the supply. So I opened a short position from $67,72; stop-loss — $69,89. 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!
NASDAQ:LITEShort
by KozakHlib
2
$HMI can fall in the next daysContextual immersion trading strategy idea. Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People's Republic of China. The share price fell after bad earnings. It looks like it will continue falling. The demand for shares of the company still looks lower than the supply. So I opened a short position from $10,76; stop-loss — $12,01. 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!
NYSE:ZEPPShort
by KozakHlib