Value
AKT - The AI Super CloudWe are entering the age of AI. According to MIT, "Interactive massively parallel computations are critical for machine learning and data analysis" (A).
The world is becoming more centralized than ever. Companies with the largest amount of resources will be able to afford the largest amount of computation. According to MIT, "the computing power needed to train AI is now rising seven times faster than ever before" (B 2019).
That was in 2019. Fast forward to 2024. The demand for computation is skyrocketing.
AI is dubbed the final invention mankind needs to create. Such monumental technology will transform the world and create an ultra concentration of power, the likes of which has never been seen before. Who will dominate this power? Corporations. If we thought we already lived in a corporatocracy, we have not seen anything yet.
In comes Akash.
AKT allows the common man, the common researcher, the common company to access vast computational resources to train the neural networks of AI. AKT represents computational freedom.
To quote AKT's website, "You will own your cloud, and be happy".
You will own your AI, and be happy.
A. Reuther et al., "Interactive Supercomputing on 40,000 Cores for Machine Learning and Data Analysis," 2018 IEEE High Performance extreme Computing Conference (HPEC), Waltham, MA, USA, 2018, pp. 1-6, doi: 10.1109/HPEC.2018.8547629.
B. www.technologyreview.com
GOOGL setup is nowTechnical
a standard price action pattern:
trend A - sideways adjustment structure with more than 2 test- trend B is forming
the trend at higher timeframe is still bullish with meters being green
Fundamental
Numerator Side
Not quite promising but still positive. The expected growth on earnings and revenue are slightly lower than average of its industry. Won't be a boost but in fact no accident is the best thing to expect for FAANG stocks
Denominator Side
With the discount rate decreased by 75 to 100 bp, the valuation will be cheaper compared to the overvalued price now.
More importantly, don't forget about the mid and micro companies that can finance with lower WACCs are the base revenue contributors for Alphabet.
Buying the Dip on QQQs: A Great Strategy That Never Fails !The stock market is a dynamic and ever-changing environment. There are ups and downs, and it can be difficult to know when to buy or sell. However, there is one strategy that has consistently been successful over time: buying the dip.
Buying the dip is a simple strategy that involves buying AMEX:SPY or NASDAQ:QQQ that have recently fallen in price. The idea is that these indices are undervalued and are likely to rebound in the future. This strategy has been successful because it takes advantage of the market's natural tendency to overreact to negative news and events.
QQQs are a great example of a stock that can be bought on the dip. The QQQs are an exchange-traded fund (ETF) that tracks the Nasdaq-100 Index, which is a basket of the 100 largest non-financial companies listed on the Nasdaq stock exchange. The QQQs have been a very strong performer over time, and they have historically been able to rebound quickly from dips.
In fact, a study by S&P Global Market Intelligence found that the QQQs have averaged a return of 14% per year since their inception in 1999. This is significantly higher than the average return of the S&P 500 Index, which is 9.7% per year.
Overall, buying the dip is a great strategy that can help you to achieve your long-term investment goals. Just be sure to do your research and only invest in things that you believe have a strong future.
Boost the idea and let me know in the comment section if you are long the QQQs.
SHIB : Does SHIBA INU Have a Future?🤔📉Hi Traders, Investors and Speculators of Charts📈
Shiba Inu (SHIB) was initially created as a joke, based on the popular Shiba meme. However, unlike prior meme coins such as Dogecoin, SHIB operates as an ERC-20 token on top of the Ethereum blockchain, which means that the Shiba Inu network has access to a range of decentralized applications (dApps). This is one of the reasons that Shiba Inu is often referred to as the “Dogecoin killer.”
There is a fixed supply of one quadrillion SHIB tokens but Shiba Inu utilizes a token burn strategy, including manual and automatic burns, to manage token value and stabilize prices. The current circulating supply of Shiba Inu is 589.28T .
There is a larger network of cryptocurrency projects built around Shiba Inu, including:
👉 Shibaswap — a decentralised exchange (DEX)
👉 Shibarium — a layer 2 scaling solution for Ethereum
👉 Shiba Eternity — a play-to-earn (P2E) game
👉 Shib.io — the Shiba Inu metaverse
👉 Shiboshis — a non-fungible token (NFT) collection
In terms of future prospective, SHIB offers a unique value proposition as a meme-based cryptocurrency that has real dApps built around it. While most meme coins disappear quickly, Shiba Inu has the potential to continue building a community that can stand the test of time. The fact that Shib is still around and has such a large community has to count for something.
But let's talk about the biggest problem and obstacle to the price - the supply. In December 2023, Shiba Inu (SHIB) lead developer Shytoshi Kusama has teased that the project might undertake a massive burn soon. According to Kusama, almost $1.2 million worth of SHIB tokens might face incineration. SHIB's burn rate has taken a back seat in 2023, with sporadic, untimely burns occurring randomly.
The effect of this is evident on the chart, as the price fails to make new highs under the pressure of infinite amounts of coins/supply/sellers.
💭My personal take is this - Shiba Inu can be traded, and if a big burn occurs it will definitely be bullish for the price... but for how long? For now, the supply is the biggest downside and until the burn-rate is improved, it's a big chance to take based on a "tease".
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CRYPTOCAP:SHIB BINANCE:SHIBUSDT
UEC an energy penny stock pops out of ascending channel LONGUEC is a uranium company somewhat independent of the oil, solar and lithium stocks that
dominate the energy sector. Nuclear is touted as green and not contributory to climate change
with no carbon impact. It pollution or radioactivity is self-contained and isolated with heavy
regulatory safeguards All that said, a few days ago analysts at Eight Capital raised the status
of UEC to "strong buy" with a price target of $13 or about 75% above current valuation. Such
a high upside is uncommon in the energy sector.
The 4H chart shows price broke out from an ascending channel of several months
duration with a corresponding relative volume of 4x the running mean. The price action
is that of a high tight flag patter n invoking the moderately strong probability of more
bullish momentum after a consolidation is completed.
I see this as a great long swing trade with earnings coming in two months or call options
OTM targeting a strike price of $10 for the mid-March expiration. Given the stock price at
present such call options would have about $40 premium per contract.
Lastly, the ETFs URA and URNM appear to track the price action of UEC fairly well. If a trader
prefers diversification or risk moderation of ETFs these two are reasonable alternatives.
Uranium trades do not have geopolitical risk to consider as much as oil and gas yet another
reason to give this a further look.
.
Fair Value Gap Trading StrategyFair Value Gap Trading Strategy
To implementing a fair value gap as a trading strategy you need to understand these three basic components of this trading strategy.
Time
Liquidity Hunt
Market Structure Shift
Fair Value Gap
Let’s begin by discussing the importance of time in trading. According to ICT Trader, time is considered to be fractal, meaning that what happens on higher time frames is reflected in lower time frames if studied in the proper context.
In this context, fractal refers to the idea that patterns and behaviors observed on longer time frames, such as daily or weekly charts, can be seen in shorter time frames, like hourly or minute charts.
By studying price action and market behavior across different time frames, traders can gain a deeper understanding of market dynamics and potentially identify profitable trading opportunities.
Time indeed holds significant importance in the fair value gap trading strategy, particularly when it comes to identifying favorable trading setups. Despite the forex market being open 24 hours a day, not all times present ideal conditions for executing fair value gap trades. That’s where the concept of ICT Kill Zones comes into play.
ICT Kill Zones
ICT Kill Zones refer to specific time periods during the day that have been observed to offer higher probability trading opportunities. These zones are associated with the entry of smart money, which are institutional or banks who have the ability to influence market direction.
In short, ICT Kill Zones correspond to specific time periods during the day that are particularly relevant for trading activities. These zones include the London Open, London Close, New York Open, and New York Close.
Traders using the fair value gap trading strategy often focus on these times as they tend to offer higher probability trading setups. The ICT Kill Zones are associated with the entry of smart money and can provide enhanced opportunities for traders to capitalize on market movements. By aligning their trading activities with these specific time periods, traders aim to improve their chances of success.
Liquidity in FVG Trading Strategy
Liquidity in the market often takes the form of buy stops and sell stops.market makers or smart money intentionally trap retail traders by manipulating prices to trigger their stop losses.
The idea is that they move the market in one direction to hunt for stop losses, causing retail traders to place orders in the false direction and set their stop losses at key levels. After the stop loss hunt, the market reverses in the opposite direction, benefiting the smart money.
Let’s analyze the above chart from a retail trader’s perspective. When we observe the chart, we notice that the price levels between 44240 and 44280 have proven to be strong resistance in the past.
Based on this observation, many retail traders might place their selling pending orders to anticipate of a price reversal at these levels. To manage their risk, they would likely set their stop loss orders just above this resistance area.
What is done by market makers or smart money,they could manipulate the market by initially pushing the price upward, deliberately triggering the stop loss orders placed by retail traders. This action would cause some retail traders to think that a breakout is occurring and prompt them to place buying orders while setting their stop losses at levels below the resistance area.
Once the stop loss orders have been hunted and triggered, the market makers or smart money may then reverse the price direction.
Enhancing Trading Success with the Fair Value Gap Entry Strategy
After a liquidity hunt on a higher time frame, you suggest switching to lower time frames such as 15 minutes, 5 minutes, 3 minutes, or even 1 minute to identify certain patterns that may emerge following the stop loss hunt. These patterns include:
1.Sudden or sharp price movements: Following the liquidity hunt, you may observe rapid and significant price fluctuations on the lower time frames.
This sharp movement causing market structure shift and provide an extra confluence.
2. Fair value gap (FVG): Look for gaps between the current price and the fair value of the asset. The fair value represents the equilibrium price based on various factors. Identify instances where the market price deviates significantly from this fair value.
3. Entry position based on the Fair Value Gap strategy: Once you spot a fair value gap pattern after the liquidity hunt, you can consider taking a position in anticipation of the market filling that gap. The expectation is that the market will eventually return to the fair value price.
It’s important to carefully train your eyes to recognize these patterns after a liquidity hunt and patiently wait for the market to come back and fill the identified gap. Once you have identified a suitable entry position, you can place your stop loss order above the first candle to manage your risk.
Please note that implementing such strategies requires careful analysis, experience, and a deep understanding of the specific market you are trading. It’s crucial to conduct thorough research, backtest your strategy, and consider other factors that may influence price movements before making any trading decisions.
Navigating the Growth Trajectory of On Holdings, Cloud or bust?Navigating the Growth Trajectory of On Holdings, a Rising Star in Athletic Footwear
Support Level: $23.86
Current Price: $27.70
Resistance Zone: $28.53 - $31.95
Target 1: $37.56
Resistance Level 1: $43.32
Resistance Level 2:46.27
Target 1 (Long Term): $50.94
Target 2 (Long Term): $71.96
On Holdings has rapidly become a market leader with its revolutionary On-Cloud running shoes, capturing global attention and propelling the company's valuation to an impressive 7.8 billion Swiss francs. The strategic focus on marketing and brand development has positioned On as a force to be reckoned with in the athletic footwear industry.
The company's valuation metrics reveal a steep but justified premium: 6.4 times revenue, 139 times earnings, or 47 times EBITDA. This premium is a testament to On's exceptional growth trajectory. In the last 12 months, the company achieved revenue of 1.2 billion, a net income of 58 million, and an adjusted EBITDA of 165 million.
Technical Analysis and Growth Metrics:
On's exceptional growth is underscored by a staggering 69% increase in revenue from 2021 to 2022, with a further projected growth of 39% in 2023. Positive product reviews and robust Google search data further validate this growth momentum. In comparison to industry giants like Nike and Lululemon, On boasts strong gross margins of 56%, setting it apart as a formidable competitor. (Nike is just 44% and lululemon is 55%
However, rapid expansion comes at a cost, and On's negative cash flow is attributed to its aggressive expansion in China and the opening of new stores. With 371 million in cash on the balance sheet, there's a likelihood that the company may seek additional capital for sustained growth.
Sustainability as a Key Differentiator:
On Holdings not only focuses on growth but also emphasizes sustainability. The latest shoe, incorporating 44% recycled materials, showcases the company's commitment to environmental responsibility. This dual emphasis on growth and sustainability positions On as a forward-thinking brand in tune with modern consumer values.
Investment Outlook:
Despite the steep valuation and potential cash flow challenges, On's growth trajectory remains impressive. Assuming a 40% revenue growth this year, followed by 30% and 20% in subsequent years, On could reach revenues of 11.5 billion by 2033. Applying a conservative 10% net margin and a 20x multiple, the company's estimated worth would be around 24 billion, offering an investment return of approximately 11.9% per year. Although this may not seem great long term, the short-term growth is too good to pass up.
In conclusion, On Holdings presents a cautiously bullish investment opportunity, given its remarkable growth and market dynamics. However, it's essential to recognize the speculative nature of this assessment, and investors should conduct thorough due diligence before making any investment decisions. As On continues to blend innovation, sustainability, and the Athlete Spirit, it stands poised to redefine the future of athletic footwear and potentially deliver compelling returns to investors.
Value Investing: STOCKS to watch in 2024Hi Traders, Investors and Speculators of Charts📈📉
Welcome to 2024🥂🥳
After great feedback from the altcoin list, I'll be doing a series on top stocks to watch for 2024, all in one post for your convenience!
Stocks I'll focus on include:
📢 Undervalued stocks
📢 Stocks with great upside potential
📢 New stocks to watch
I'll keep adding/updating one by one to the bottom of this post, so make sure you bookmark and follow!
1) AMEX:PSIL
The AdvisorShares Psychedelics ETF (NYSE ticker: PSIL) invests in the emerging psychedelic drugs sector, offering exposure to those biotechnology, pharmaceutical and life sciences companies we see as leading the way in this nascent industry.
SOLUSDT Bullish Flag Pattern LONGExcuse me!
According to my analysis, the Solana exchange rate will make its normal and healthy correction on a daily timeframe. I tried as much as possible to calculate the height of the possible rise and I came to the conclusion that I would set the Fibonacci level at 1 and 1.27. If indeed the shape holds.
Now let's wait and see if it holds or not.
NOT INVESTMENT ADVICE
Always do your own research and don't make a hasty decision when opening a position. This is also just an analysis, not a guaranteed outcome.
R3ncso
Things suggest that gold is poised for a bullish trend in 2024.One of them is he ongoing conflict in Ukraine, tensions between the United States and China, and other geopolitical events create a sense of uncertainty that could drive investors to seek refuge in gold as a safe haven asset.
the second reason is gold will go up no matter what ! its just searching for an excuse to go up. it is built to go while fiat value has to go down. thats how economics work.
Smash the like button if you are a gold bag hodler like me
Uncertain EURUSD, but These Levels are likely ImportantUncertain EURUSD, but These Levels are likely Important
Dear Esteemed Members,
I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors.
As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently experiencing a downtrend. Examination of the four-hour chart reveals that the pair remains below both the 50- and 100-hour exponential moving averages in a downward trajectory. The relative strength index (RSI) is also bearish, dipping below 40, reinforcing the prevailing bearish sentiment. Immediate support is identified at the 1.0920 level (200-hour exponential moving average), followed by the 1.0880 level (lower boundary of the rising regression trend channel) and the 1.0850 level (Fibonacci retracement of the latest rise).
Conversely, potential resistance levels for the EUR/USD are at the 1.0970 level (100-hour exponential moving average), the psychological and static level at 1.1000, and the 1.1050 level (midpoint of the rising channel).
In addition to technical factors, fundamental influences shape the EUR/USD exchange rate in the coming days. Attention focuses on the upcoming United States December labor market report, encompassing non-farm payroll (NFP) changes, average hourly earnings growth, and the unemployment rate. Market expectations project a 170,000 increase in NFP, a decrease from the 199,000 recorded in November. A higher-than-expected NFP could bolster the US dollar, exerting downward pressure on the EUR/USD exchange rate. Conversely, a lower-than-expected NFP may weaken the US dollar and elevate the EUR/USD exchange rate.
Kind Regards,
Ely