Get started

Techstocks

Versus Systems is tempting a strong support levelIt has been bouncing off the 200 daily candle EMA since March. I do not think it will break that support and start a downtrend, on the contrary, I consider it to be a good entry point. "Versus Systems Inc is a Canada based company. The company is engaged in the technology sector and is developing a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players. " NASDAQ:VS
NASDAQ:VSLong
by amateur_trad3r
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
Back at the Gap for LLNWLLNW back at historic support/resistance and right below a historic gap level from 2019. Right now this level is acting as resistance and has done so for weeks. No news isn't always good news but hopefully, the company starts getting more vocal: "Not much has been announced since its last round of earnings. However, the company mentioned “formalizing broader plans to evolve” its offerings beyond video to “take advantage” of its network during low peak times. “We plan to hold a strategy update session in early summer. An announcement of the date and participation details will be shared approximately one month in advance of the event,” said CEO Bob Lyons earlier this year. So as summer begins, LLNW stock could be in focus." Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
L
by PennyStocks101
Is this just a Fib or is SLGG gonna finally make a move?Obvious play on words but clearly SLGG is testing that same resistance that lines up with the fib line itself. Esports conversations are beginning again. I'm wondering if this will be another cycle for these stocks. "Shares of SLGG stock have steadily climbed over the last month. In fact, between May 14th and June 14th, Super League’s share price has jumped from around $4 to just under $6 this week. One of the things that helped supercharge Super League was a bullish analyst rating from HC Wainwright last month. The firm started coverage on SLGG stock with a Buy rating and a $6 price target. As the penny stock approaches that target price, it looks like traders remain bullish on the company. A few weeks ago, Super League announced the acquisition of Mobcrush. According to the company, this helped establish one of the largest “verifiable and addressable audiences of passionate gamers in the US.” Mobcrush operates a live streaming tech platform, which boasts a roster of gaming influencers and more than 4.5 billion accumulated fans * subscribers across social media sites." Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
S
by PennyStocks101
PLTR Downward Channel BrokenWith tech indices gaining much-needed momentum last week, lower bond yields helped push Palantir past a key level in price action. Since December of 2020, PLTR had been trending in a downward channel- with lower lows and lower highs being established. On June 2nd, the price seemed to have broken out of that channel and may indicate a reversal in price action if bond yields can continue to decrease. Another move to note was the clear push past its 50-day moving average- a very bullish sign. In 2020, Palantir generated $1.1 billion in revenue, up 47% year-over-year. Their average revenue per customer was $7.9 million, up 41% year-over-year. Palantir has built its business with customers in the largest defense industry institutions like the U.S. Army, U.S. Navy, and CIA and companies like IBM, Amazon, and Airbus. Because of this, it is important to always keep an eye out for big contracts as their main source of revenue growth (for now).
PLong
by ClargyInvesting
NVIDIA Buy the Retrace for 25% - 45% Gains 1D TF Analysis Well respected Ascending Channel Printing Higher Highs and Higher lows with a new ATH Printed on the 2 June I would like to see a back test of the $590/$600 * 0.618 Fib region before continuation to the upside targeting the 1-1 Fib Extension for a 25% move which sits at the middle of the channel and the 1.618 at the top of the channel for a 45% gain. I have highlighted the box for entry and depending on your appetite for risk you can place SL below the last swing low at 530 or more wider at 450 again this is for you to decide this is just an example . Plan the trade and trade your plan , Know your invalidation and always use a SL . Like and follow for regular analysis and signal setups and check out the related ideas below .
NASDAQ:NVDALong
by SJTRADESFUTURES
Descending Channel for GMG?GMG has been on one hell of a ride, I've been holding this company since before the halt when it was CUSPIS Capital, unfortunately, I sold a majority position way too early once the halt was lifted after nearly 6-7 months. It appears as though the share price is consolidating into a Descending Channel on a log scale chart and more of a falling wedge on a % gain chart, either way, GMG will need to breach the downward sloping resistance and turn it into support to negate continued bearish momentum. If support is lost on the pattern look for support around the price ranges where I've placed horizontal red lines which display some previous areas of confluence. The Williams Alligator is showing bearish strength at the moment, ideally, you want the lines of the Williams Alligator pointing upward which typically happens after a bullish cross, this happens when the green line crosses over the red line upward. On the DMI there is a bearish cross where I've placed the downward pointing arrow. In the upcoming week, the DMI looks prime for a bullish cross.
TSXV:GMGLong
by ScotianBot
Why buy Palantir before it breaks out Big data firms are the new social media platforms that see massive revenue growth. The market needs to come to terms with the possibility that Palantir’s revenues can quintuple until FY 2025. As the market understands Palantir’s long-term revenue and growth opportunity, the stock will appreciate. I think this is the next company that needs to be added to the group of FAANG stocks. Big data analytics is big business for NYSE:PLTR as data volumes grow and more analytical capabilities are required to make sense of them. Palantir is set to grow revenues extremely fast over the next five years, and the stock is set to break out. Their software is mostly used to analyze data and develop solutions to complex problems for businesses and governments that have to manage through tons of data… Palantir's software and predictive analytics capabilities can help predict COVID-19 outbreaks, analyze performance data, fight crime, assist companies with the migration of IT systems, support law enforcement, solve supply chain problems and support effective risk management practices. One of the biggest entities that collect data are governments. They have endless databases containing information about their citizens, which is also why the government business is an important cornerstone for Palantir to leverage its growth. Since government contracts are a lucrative source of revenue for Palantir, and the firm collected 56% of its revenues or $610 million from its government customers in FY 2021. In the 1st quarter 2021, Palantir saw its government revenues grow by 76% Y/Y to $208m, and it could crack the $1b annual government revenue threshold by FY 2022. Besides still not being profitable Palantir's revenues are growing fast and have increased 84% from FY 2018 to FY 2020. Their own revenue guidance appears to be carefully formulated as the company is still in a phase in which it enjoys revenue growth rates approximating 50%. These rates will normalize with time, but Palantir is set for a golden future. Revenues could grow from $1.1b in FY 2021 to $5-$6b over the next five years, assuming gradually declining growth rates, which are historically validated. As times goes by and customers, in both commercial and government area, experience Palantir's software platform, they tend to spend more money, which makes it ultimatly a trend in itself Instead of just signing on new clients and scaling, Palantir clearly has the option to maximize the customer lifetime value by increasing revenues per customer, which it does. Revenues per customer increased a massive 29% Y/Y to $8.1m in the 1st quarter, which attests to Palantir's strong organic growth capability. (Source: Palantir) Potential Risks: Since profits are still a thing of the future we should rather value them over expected sales than actual net margins. Also because the Plattform itself is so well programmed it will needs less R&D spending. Another risk for shareholders touches on the subject of dilution. Palantir, as most tech companies, issues a lot of stock for compensation packages, which dilutes shareholders. Palantir's outstanding number of shares increased 80% from FY 2018 to FY 2020 and continued to rise in the 1st quarter 2021. When the market understands Palantirs full potential and their recurring revenues YaY and that a government focus is a strength, not a weakness. Once the market does that, PLTR should break out and revalue higher.
PLong
by Sebastian-TradingExpertsEU
SNAP Buy setupSnapchat parent company Snap Inc (NYSE:SNAP) showed strength in its advertising revenue in the first quarter. Analysts saw many positives from the quarterly earnings report. Snap's first quarter checked all three boxes of revenue, users and EBITDA that Nowak was watching. Snap’s advertiser base nearly doubled year-over-year in the first quarter. Up-front advertiser commitments grew by more than 50%, including a tripling of year-over0year up-front commitments for commercials from branded advertisers. With initiatives like SNAP’s partnership with Gannett helping in developing relationships with SMBs across North America and integrating those businesses into products like Snap Map. Snap has great potential technically and fundamentally for share price growth.
NYSE:SNAPLong
by Nasdaq_Diaries
$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
TESLA is repeating April 2020! Time to buy?As you see the two charts are fairly self-explanatory. Both in 2020 and now (2021), TSLA had already made a top by early February, formed a MA50/100 Death Cross, followed by a MA50/200 Golden Cross (on the 4H chart) that practically put the bottom behind. The RSI and MACD sequences are also fairly identical. Is it time to buy the carmaker giant again? ** 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 ==> xBTala --------------------------------------------------------------------------------------------------------
NASDAQ:TSLALong
by TradingShot
12
$YVR to Create Multi-Token IP Platform with CurrencyWorks$YVR announced plans to create the first of its kind multi-token IP platform. Liquid is engaged in partnership discussions for platform engineering with CurrencyWorks The Liquid Media Token Platform (LMPT) will serve to support the evolving needs of film, entertainment and gaming industry professionals, and capture opportunities to conceptualize and create content once, then monetize it in perpetuity. “Tokenization offers multiple benefits for content creators and we believe our multi-token platform will transform the entire media industry,” said Ron Thomson, CEO of Liquid Media. “ With it, creative professionals can drive new revenue streams based on digital NFT exclusives and collectibles, increase audience engagement, gamify their intellectual property, guarantee recurrent licensing fees using smart contracts, offer subscription access via utility tokens, raise project financing through security tokens and more, all through a single platform. finance.yahoo.com
Y
by AlenCiken