Get started

Techstocks

NVIDIA may be entering an accumulation phaseSo far the 1D MA50 (blue trend-line) is supporting NVDA which has been inside a strong bullish trend since the March 2020 COVID crash. There is no better way to illustrate this than the Fibonacci Channel. However there have time phase of accumulation where the price took a breather from the prior aggressive leg, trading around the 1D MA50 and rebounding only after it made contact with the 1D MA200 (orange trend-line). This has happened twice since March 2020 and the most recent accumulation phase has been September 2020 - March 2021. If the 1D MA50 breaks, the stock may enter such a phase and initiate the next parabolic leg once contact is made with the 1D MA200. My thesis is to observe for that 1D MA50 break-out. If it comes wait until the ATH breaks ($230), in case there's no pull-back or the 1D MA200 before buying (which will be even better). As for the target, it appears that every Higher High within the Channel is +0.5 Fibonacci higher. Naturally the next one is at 2.5. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
NASDAQ:NVDA
by TradingShot
Let's get into some stock trades #3- NetflixNetflix has been chopping for more than a year now and consolidating really hard, but with a clear emphasis on the upside. It's still showing signs of strength and could move much higher pretty soon given that it's been in this range for 14 months. Don't know much about the financials of Netflix but I do know it's growing and is one of those companies that has a huge brand and is like many other companies more of a network than a company. The path I've drawn isn't the path I think it will follow, but the path that it might follow if it wants to create more pain for all those that are long right now.
NASDAQ:NFLXLong
by BitcoinMacro
1
Netlist (NLST) - A Harmonic, a Schiff and an Earnings Report . .. . Walk into a bar . . :) All kidding aside and this is by no means investment advice but we've got two possibilities here. One could easily apply a Schiff pitchfork to the upside and be correct BUT, given that they missed earnings estimates with a -24% downside surprise and given the history of Netlist filling gaps, I'm gonna err towards the logic applied when we saw those big red douchy candles on the 23rd of July and then post earnings August 9th dump. I think we may see those gaps fill down below and I'd personally love to snap it up again cheap (bought at $0.65, took a few scalps between $2 and $3 before it got away from me to run up 20x . . sigh . . ) Some of you know that I take scalps so I'll be looking to trade this inside the pipe with the hope of longing into a $50 target position next year for some more good gains. . Anyway, Good luck friends!
OTC:NLST
by FudBox
31
NDX (Nasdaq) one of the possible moves. Possibility of dotcom2.0Hey, this is one of the possible moves in of $NDX, the index is overbought and it needs to cool off, maybe we see a market crash (or just a big correction) in February 2022. Not financial advice. Do your own research. P.S I will be glad if this is not gonna happen. If this happens many people will lose their savings. P.P.S If we see market crash it will not be as 'light' as 2008 but more like as it was in 2000 (dot com crash) or even as hard as the Great Crash (1929 aka the Great Depression).
TVC:NDQ
by edgematic10
UPST At Major Intersection, Now What?UPST has been chugging along since IPO. It hasn't been smooth sailing but every major drop has been greeted with the next drop putting in higher lows. Doing a little Fib retracement revealed some core levels as well as helped outline the latest high-traffic area. It finally broke back above the 382 fib level at the start of the week and held it as lower support for the first time since May. Before this UPST was rejected for the last week at the 382. Obviously the news catalyst helped a lot in post market trading on Aug 10th..so now what? This gap up has firmly set UPST above the 236 fib level, it has only traded in this area a few times previous but hasn't managed to hold it as support for a meaningful amount of time. BUT since it's here, the hopeful are looking "up" ... maybe in the sense of optimism but I'm talking about more in the sense of levels and wouldn't you know it, right around $166 has been a hairy level for the stock. It hasn't failed at this level once or twice but 6 out of the last 7 times tested (yes I missed a circle the day it spiked to ATH). With the positive news and clear retail interest, this could be an important level to watch (along with maintaining the 236 fib area as a new support) heading into the rest of the month (for now). One of the best performing industries over the past few months has been in tech stocks. The landscape has drastically changed thanks to the pandemic. Many companies have shifted their tech strategy to move more things online and to a virtual platform...Everything from entertainment to sports has seen this become a factor. In this article, we’ll take a closer look at a few tech stocks to watch in August that fit this mold... Continue Reading
NASDAQ:UPST
by PennyStocks101
1
Post IPO Hangover Rebound For FUBO?I did a quick and dirty Fib retracement on FUBO using this year's low and didn't include the whole post IPO exuberance and ensuing hangover. Now even with this as the case, there are several important levels in the short term to watch. 382 Fib is likely one of them as it appears to be presenting a major pivot over the last few months as both support and resistance. With the market trying to recover, this is the first time in weeks that FUBO has established itself above this level and approaching the 286 level. With tech and streaming/esports/igaming picking up steam, it could be an interesting second half of the year. ' There are plenty of other outliers to keep track of right now especially considering the overall trend in tech. Despite being slightly down this week, overall, technology stocks have performed well this year. In fact, tech (based on the XLK ETF) is up over 17% since the beginning of 2021. Based on the growth outlook, some expect the sector to continue flourishing in light of a lower rate environment in the near term. Should that end up as the case, there could be plenty of tech penny stocks to watch heading into the second half of the year. " Quote Source & Read More: Top Tech Penny Stocks To Watch For August 2021
NYSE:FUBO
by PennyStocks101
The 2022 Tech Bubble Fractals and Sentiment AnalysisIntroduction I was inspired by CryptoKaleo's post (original post below) on the "Next Tech Bubble", where he predicted a tech bubble to take place in the coming years based on the fractals of the 1998-2002 Dot com bubble market price action. Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Analysis I myself have been also thinking about the probability of another 2000-esque bull rally for the Nasdaq index for a while now. You can check out my analysis on the comparison between the market in 2020 and the Dot com bubble, which I posted last year: My goal for this post was to not only compare the price action of the two periods through fractals, but also to research the headlines of financial news from the past, in order to more accurately research the sentiment that was reflected on the media. The quotes in red are direct quotes from 1998-2002, and the quotes in black are recent news that reflect the current market sentiment. We can see a clear shift in sentiment; optimism > euphoria > fear > surrender. The most notable parts of the cycle is the euphoria at the absolute top of the market, and sense of despair at the bottom of the market. This figure will further help you understand the structure of a market bubble, and the market sentiment according to the price action of the market. What's extremely interesting is that the Dot com bubble demonstrated a textbook pattern of a market bubble structure. Conclusion There may be multiple news that could potentially trigger the next market bubble. If one were to occur, it's highly likely that we see it happen in the tech/bio sector this time, where insane multiples are given based not on the current financials of the company, but the prospect of it. While there is also a probable case where we don't see a bubble at all, if it we were to see the market make parabolic moves up to overbought levels, referring to fractals of the past, and comparing the market sentiment of the past, could provide a guideline for us to refer to. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
TVC:IXICLong
by Michael_Wang_Official
87
WOW NLST!! +360% since June 25th buuuut . . Look at THAT TOP!! The long legged Doji may as well be a Gravestone / Orphaned Baby. There's a gap just under the daily low and after a 360%+ run from the 25th of June, it's gotta pull back from a $9.98 resistance. I left the Fib overlay intact from yesterday as it snap fits like a glove. Also, just look at the ski tips on those MA's (50/200). I've been watching this since last Fall and got it at $0.65. Super salty now cuz I sold at just under $3 to pile into something else. Looks like the lawsuit with Google will print some new highs in time but for now, the last valuation I saw was $4 by the analysts. We do have a gap still, down around $2.50 so we'll see what comes of that. Not investment advice, DYOR and Good luck!
OTC:NLST
by FudBox
34
Fib Levels On AEHR Going WAY BackHad to take the AEHR chart all the way back out to 2017 to find some levels to plot. Took the fib retracement and look what we found: high traffic area around the 236 level. Tested it for the first time since 2017 and failed to break & hold. After pulling back, AEHR came within testing distance of the 382 level. After such a huge extension it will be interesting to see if it ends up consolidating above this level or if it tests (or breaks below) it. "If we consider that the market for computer chips is extremely in demand right now, we see just why AEHR is getting so much attention. While it is not a producer of these chips, it does work as an ancillary company in the industry. In the past six months, shares of AEHR stock have rocketed higher by around 31%. Over the past twelve months, that number shoots up to over 45%... Only recently, Aehr Test Systems won a $2.9 million follow-on order for its FOX-XP Wafer Level Test and Burn-in system as well as multiple WaferPak Contactors from its lead silicon carbide customers. While this alone is not a be-all-end-all deal, it is a big step for the commercialization of its products. Additionally, large orders tend to help with the notoriety of a product and can lead to more orders in the future... ...While many gains with penny stocks occur without news, AEHR made an exciting announcement in the early morning on Monday. The company stated that it received a $10.8 million order for its silicon carbide test and a burn-in customer regarding its FOX-XP systems its WaferPak product... " Quote Sources: 7/12: 5 Top Penny Stocks on Robinhood That You Should Check Out in July 7/19: 3 Top Penny Stocks For Your Monday Morning Watchlist
NASDAQ:AEHR
by PennyStocks101
Who's WISHing for a Retest?WISH simple fib retracement using recent lows revealed some levels on the chart. The 786 fib has been a relatively frequent area of traffic for the stock. Meanwhile, 618 fib line was previously a level of support the continued to get tested but didn't break until recently. With WISH testing 618 as short-term resistance last week and 786 as potential support on Friday, it will be interesting to see if these levels remain the channel for WISH if/when it continues this consolidation trend. Other than the usual social media excitement, also take a peek at the filings which should show the latest Form 4 coming out last week (7/15), which revealed that Brett Just Chief Accounting Officer, sold more shares. This adds to the growing number of Form 4s that have shown selling from insiders.
W
by PennyStocks101
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
DPLS Overextension or next leg?It's been a LONG time since DPLS traded at these levels. Had to take the chart back out to 2018 to draw out these fib lines and wouldn't you know it, the 618 is a major level to keep watch of. Both May '18 and Sept. '18 the DPLS rallies were denied at or near this level. It managed to hold as support during the summer months. But again unable to sustain those levels. Now that DPLS is approaching this level again, it could be important to keep the 618 fib in mind. There haven't been any significant pullbacks on the chart so this could be a major over extension and big risk factor to also throw in the mix. Like most charts like this, volume is going to be the guide for what could come. Though it was higher on Friday compared to Thursday, both day's levels were much lower than the recent average daily volumes. “'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,' said DarkPulse CEO, Dennis O’Leary. This is big news for the company and is more than likely the cause of the almost 100% gain witnessed with DPLS stock in the past five days. With this in mind, is DPLS worth keeping an eye on in July 2021?" Quote Source: 7 Top Penny Stocks to Watch That You Probably Haven’t Heard Of
OTC:DPLS
by PennyStocks101
VEON 52 Week Highs But Long Way To GoVEON finally popped its head over that pestering resistance level that it failed to break for months. Now the real fun begins (so to speak). It's back in this no-man's land that it hasn't traded in for some time. What I'm watching is to see if the resistance level finally becomes a new support. Then the tall task: filling and breaking back through that old gap. "Veon Ltd (NASDAQ: VEON), for example, provides connectivity and internet services. In Pakistan, its operating company, Jazz, recently secured a roughly $320 million syndicated credit facility from a banking consortium led by Habib Bank Limited. This facility will finance the company’s ongoing 4G network rollouts and technology upgrades, among other things." Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your List
NASDAQ:VEON
by PennyStocks101
Go BBIG or Go Home? Key Levels382 Fib looks like a decent level of resistance on the BBIG chart right now. But with an uptick in volume today and some extra attention on social media, it's going to be interesting to see how things pan out. Between excitement around NFTs and the whole social TikTok competitor aspect, there's enough of a story to follow: "Vinco Ventures is a penny stock that we’ve covered numerous times in the past few weeks. During that time, investors had been anxiously awaiting updates surrounding the acquisition of Lomotif Private Ltd. by it and its subsidiary ZASH Global Media and Entertainment. The pair plan to sign a final agreement and Plan of Merger on or prior to June 24th of this year, which is big news for shareholders. For some context, Vinco Ventures is an acquisition company, working on digital media and content-based companies. Its main strategy is known as B.I.G. or Buy. Innovate. Grow." Quote Source: Hot Reddit Penny Stocks to Buy? 10 That You Should Know About
B
by PennyStocks101