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Blue Owl Capital Bullish Call OptionsOptions Calls January 17th 2025 buying $20 call. Chance of profit 44.5% percent, delta 0.8718. The first price target for the stock is 15.08, the second is 15.43, the stop loss is 14.40. Risk to reward ratio is 2.12 Confirmation indicators: 3 Bullish Bar pattern, 2 bullish Volume spikes above its 20MA, Stochastic KD% bullish crossover, CRSI-Smothed SQZMOM Multi-Time-Frame is on the Upside, and the TRAMA Dragon is bullish too. The concern is that the DMI Reading shows no trend at the moment but that is probably because of the golden squeeze. This setup is already rolling and can break out any moment in the upside. The rest of the signals on the QQE MOD Indicator are bullish too.
NYSE:OBDELong
by Thedudemanbro
7
Nvidia - Launching The Final Bullrun!Nvidia ( NASDAQ:NVDA ) can still rally another +40%: Click chart above to see the detailed analysis👆🏻 After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears. Levels to watch: $200 Keep your long term vision, Philip (BasicTrading)
Editors' picks
NASDAQ:NVDALong
by basictradingtv
12
Selling Opportunity setup -NVDAIn general me and my brother, we are long on NVDA, but since we noticed multiple red flags, we believe that in the short term there are more odds in favor of a correction than a continuation. We take the upcoming earnings as a trading event and we access the risks versus the potential upside return. Our trading system gave us a signal for a long entry on the open of 19 November 2024. We will now show you the red flags: #1 Pattern similarity Feels like we traded this pattern before, see the current pattern of Nvidia VERSUS an old pattern of the SPY: You can clearly see, that there was a correction and a long sideway action, then the price did a NEW HIGH on a small upward channel of higher highs and higher lows. #2 Not the right volume pattern You would expect that when the price is rising and makes a new local highs, the volume will increase on the upside, but there is a rise on shrinking volume. Also most of the relative large volume is on the red bars down on the selling side. Let us do the following thought experiment, if a small edge fund wants to book profit on NVDA which I am sure such an edge fund exists since we are at all new time highs, they would put sell orders so a big edge fund will fill them and they will book a profit. This should be manifested as a large spike in volume, especially when the stock reached a new all-time high twice. But we did not see any spike in volume! This means as Jesse Livermore liked to put it, the stock is not acting right ! We wanted to see Nvidia making a new high on large volume and push forward to $180 as analysts forecast, but it didn't. We suspect that the rising in price, is a retail activity being allowed by the puppet master, so the puppet master could sell out Nvidia as high as he can. Hence he is the Master, and the public is the puppet. They are being played to believe that Nvidia will get to $180 right now. Somehow we feel it's a red flag, that NO VOLUME is entering the market on a rising price. This COULD happen in a case where all the market and public are so bullish on Nvidia that everyone just lifted up all their sell limit orders to $160 plus, so this explains the non existance of volume. However, the odds are not in favour of this behavior since it is not normal human behavior of profit taking. #3 No shakeout of the public Previously the market shaked out all the non believers, but now, they just let the stock price chip its way up with higher highs and higher lows to reach $150 but not break it? ... No stop loss hunting to get liquidity from the market? looks suspicious. #4 Options Chain Large Size on the long side (calls) At first we wanted to buy options to the long side, but since we saw we were less likely to profit from it since IV (Implied volatility) is 100%+ it made the options prices too expensive, and no room for a reasonable profit. The day after earnings, the IV will drop dramatically and we saw in our indicator that it is a losing bet UNLESS it will actually reach $180 after earnings is released and we are skeptical about it. See the options volume leaders: You can clearly see that Nvidia is a leader of sold call options above $150 (open interest). I don't know if you read the options book, but statistically most options end up worthless... This is how the market makers make their money... and it is profitable... to collapse the price of the stock... by selling hardly the stock... so all those options will end up worthless... Because it is PROFITABLE to make them worthless, we somehow find it hard to believe they will let all those options become at the money by a price jump to $180 right now as analysts say it expects to go. Because this means they will lose lots of money on those sold OUT OF THE MONEY options. There are substantially more amounts of Calls than Puts. (1.61 ratio). The volume of options is crazy, this is serious money. The options in the interesting prices ($150 for example) are 4 times larger calls than puts. There could be a possibility that if the market sentiment of Nvidia is so bullish that they can't sell the stock down, they will have no choice but to edge themselves, and buy the stock itself which will ultimately drive the price of Nvidia up. We estimate this low in likelihood, given recent other earnings that pushed the stock prices down when the earnings are released after hours. So what can you expect next? You can expect this for sure: If the post-earning movement will be to the upside, your portfolio of other stocks (the market) will not gain the same amount of return. If the post-earning movement will be to the downside, since all the indexes will get hurt (due to high weight of NVIDIA), the whole market will get HURT, so NVIDIA loss will be reflected also in other stocks in your portfolio. THE SELLING SETUP is to wait for NVIDIA to crush on earnings so it will crush the market, and then it is the happiest day for DAY TRADING ! to the short side... Since, the odds for short on the post-earning day, are very high, and it is like a present from the market, since you can prepare yourself to it by waiting for the money to be on the floor, so you just pick it up.
NASDAQ:NVDAShort
by ZoharCho
8
Tesla UpdatePrice is still chopping around in my b wave target box, and thus far, the 0.786 is holding up. If the structure is to continue along the expected pathway, we should start to drop, ideally tomorrow, towards the c of A target box. That is not saying we get there tomorrow, just that I would like to see us begin our journey down. As the label suggests that should be the c wave of A. It will present as either a 3 or 5 wave pattern. Usually, this part of the pattern would have a stronger move then the rest. That is what usually causes MACD to print the lowest reading of the structure. The ALT count suggests that we get another high above the last @ $362.80. As stated prior, should price breach the top of the target box, odds of another high raise dramatically. It wouldn't be a guarantee, but would raise the probability significantly.
NASDAQ:TSLA
by TSuth
3
Tesla - New All Time Highs With Trump!Tesla ( NASDAQ:TSLA ) just broke above the last resistance level: Click chart above to see the detailed analysis👆🏻 With Trump winning the election and Elon Musk being a supporter of Trump, Tesla is rallying significantly. But looking at market structure, this rally was also expected, considering that Tesla just broke out of a triangle pattern. Now Tesla will soon create new all time highs. Levels to watch: $275, $410 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
13
Is C3.AI the next AI Giant to Soar? 123% Potential Upside!🚀 Is C3.AI the Next AI Giant to Soar?🚀 123% Potential Upside! 📈 In this video, we dive into NYSE:AI , a powerhouse in the AI sector, currently retesting a Falling Wedge Breakout! 💡 Key Highlights: -H5 Indicator: Flashing green for a bullish signal -Volume Insights: Massive volume shelf with a significant gap to fill -Technical Analysis: Consolidation box formed on WR% Targets: 🎯$39 🎯$49 📏$58 Don't miss out on the potential explosive growth of $AI! Tune in to see why this stock could be a game-changer! NFA
NYSE:AILong
by RonnieV29
29
QUALCOMM DEEP DIVE (DD): A Trillion dollar Market Cap InboundQUALCOMM DEEP DIVE (DD): A Trillion-dollar Market Cap Inbound In this video, we will be doing a DEEP DIVE into: 1.) NASDAQ:QCOM H&S Pattern 2.) Why Qualcomm is a great investment, 6/6 score 3.) Implications for NASDAQ:INTC & NASDAQ:MBLY if they're acquired by Qualcomm. BULLISH MOBILEYE! 4.) Combining fundamental & technical analysis into investing I worked really hard to prepare this video; if you enjoy it, please consider sharing. 🙏 NFA #investing
NASDAQ:QCOMLong
by RonnieV29
7
TGT LONGA little more risky of a play, earnings coming up,. Target is set to report its third-quarter results on Wednesday morning, with the market eagerly anticipating insights into U.S. consumer spending ahead of the holiday shopping season. Analysts remain optimistic about Target’s stock, with 10 out of 16 tracked by Visible Alpha holding "buy" ratings and nearly all setting price targets above the current stock price. Sales and profits are expected to show modest year-over-year growth, as Target has focused on lowering prices to attract back customers who were cautious earlier this year due to inflation concerns. Already have first wedge breakout, 170 target still, second wedge I think will break out after tomorrow.. 168 target, tomorrow economic data / dealer weakness end should have market back in gear.
NYSE:TGTLong
by SPYDERMARKET
2
Cleared for Climb!Spirit AeroSystems (SPR) is gaining bullish momentum, with a gap forming around the $31.00 level. A breakout above the $33.00 resistance would signal further upside, positioning the stock to target the $41.16 weekly resistance. This setup offers an attractive risk-to-reward ratio, with a stop-loss at $29.23 to manage downside risk. As a key supplier to the aerospace industry, Spirit AeroSystems is poised to benefit from the recovery in global air travel and increasing aircraft production. The company's strong relationship with major players like Boeing and Airbus, combined with ongoing efforts to streamline operations and control costs, enhances its long-term growth prospects. This combination of technical momentum and a favorable industry backdrop supports a bullish push toward $41.16, offering a promising opportunity for traders and investors. NYSE:SPR
NYSE:SPRLong
by The_Trading_Mechanic
1
Short time, target 138Following daily chart. I am posting a couple of hours before earning. First, I don't believe the earnings will be good enough to push the price more. Also, I am following 3 different power indicators, which all gave me a short signal. In this case, I want to use 2 different Fibonacci levels for the target, The first one is a long run from august, the other one is a short run, and both targets are around 137 for me. TP 138 SL 147 - stop under 147 candle close. Btw I see the same pattern in Amazon and SPX, so I am short in both 3 of them.
NASDAQ:NVDAShort
by omurden
3
The Browser Underdog: Opera's Surprising Surge◉ Abstract Opera Limited (OPRA) presents a compelling investment opportunity, boasting an attractive valuation with a P/E ratio of 10.1x, significantly lower than the peer average of 66.5x. The company demonstrated strong financial performance in FY23, with 20% revenue growth reaching $396.8 million, accompanied by impressive cash flow growth of $82.8 million. Opera's debt-free status adds to its financial health. However, challenges persist, including its limited 2.4% market share in the competitive browser market, heavy dependence on browser revenue, and regulatory and technical risks. Despite these challenges, Opera's strengths and resilience, coupled with the industry's growth prospects, make it an attractive investment choice. Read full analysis here......... ◉ Introduction The internet browsing market is highly competitive, with approximately 5.3 billion monthly active users as of 2024. Google Chrome dominates the market with a 65.18% share, followed by Safari at 18.55%, Microsoft Edge at 5.26%, and Mozilla Firefox at 2.74%. The market is expected to continue growing, driven by increasing internet penetration, the proliferation of smart devices, and the demand for enhanced web experiences. Additionally, the shift towards mobile browsing, with mobile devices accounting for a significant portion of internet traffic, will further fuel this growth, leading to projected expansion and innovation in the industry. ◉ Key Growth Drivers 1. Increased Internet Penetration: Global internet user numbers are steadily rising, particularly in developing regions where access to technology is improving. 2. Mobile Device Usage: The shift towards mobile browsing is significant, with browsers like Chrome and Safari leading in mobile usage due to their integration with popular operating systems (Android and iOS) respectively. 3.Technological Advancements: Continuous improvements in browser technology, including speed enhancements, security features, and user-friendly interfaces, attract more users. 4. Focus on Privacy and Security: Growing concerns about online privacy have led to increased demand for browsers that prioritize user data protection. This trend benefits browsers like Firefox and Opera, which emphasize privacy features. 5. Integration with Ecosystems: Browsers that integrate well within their respective ecosystems (e.g., Safari with Apple devices) tend to retain users more effectively due to seamless functionality across devices. ◉ Major Players Today, our discussion will center on Opera, a niche browser vendor navigating the global internet browsing market dominated by Google Chrome and Safari. This report presents an in-depth examination of Opera's technical and fundamental metrics. ◉ Company Overview Opera Limited NASDAQ:OPRA is a Norway-based tech innovator, established in 1995. Listed on NASDAQ (OPRA), Opera boasts a global team of 500+ employees. Its diverse portfolio includes Opera Browser, Opera Mini, Opera GX, and Opera News. The company operates through four segments: Browser and Search, Advertising, AI-driven Content Discovery, and Fintech (Opera Pay). Opera's growth strategy focuses on emerging markets, AI enhancements, advertising expansion, and fintech development. ◉ Investment Advice 💡 Buy Opera Limited NASDAQ:OPRA ● Buy Range - 16.8 - 17.8 ● Sell Target - 23.5 - 24.5 ● Potential Return - 33% - 38% ● Approx Holding Period - 12-15 months ◉ Revenue Breakdown (FY23) ● Total Revenue: For the full year 2023, Opera reported total revenue of $396.83 million, up from $331.04 million in 2022, marking a 20% year-over-year growth. ● Advertising Revenue: Advertising revenue constituted approximately 59% of total revenue, amounting to around $234 million. This segment grew by 24% year-over-year, driven by the success of the Opera Ads platform and browser monetization strategies. ● Search Revenue: Search revenue accounted for about 15% of total revenue, totaling approximately $60 million, with a growth rate of 15% year-over-year. This growth is attributed to targeting users with higher monetization potential, particularly in Western markets. ● Technology Licensing and Other Revenue: This segment represents a smaller portion of the overall revenue, contributing roughly $0.1 million, reflecting the company’s ongoing efforts to monetize its technology beyond its core browser offerings . ◉ Strengths & Weaknesses The company has experienced significant growth and innovation in recent years. However, it also faces various challenges. Here’s a detailed analysis of its strengths and weaknesses: ● Strengths: 1. Innovative Features: ➖ Opera GX Gaming Browser: Tailored for gamers with CPU and RAM limiters, plus integrations with Twitch and Discord. ➖ Built-in Ad Blocker: Improves browsing speed by blocking ads and tracking cookies. ➖ Free VPN: Enhances privacy by encrypting traffic and hiding IP addresses, allowing access to region-restricted content. 2. Diverse Revenue Streams: Revenue comes from multiple sources, including advertising (about 59%) and search (around 15%), providing financial stability. 3. Financial Growth: Consistent revenue growth, reaching $397 million in 2023, with positive projections for 2024. 4. Strategic Partnerships: Collaborations with major tech companies enhance service offerings and market reach. ● Weaknesses: 1. Limited Market Share: Holds only about 2.4% of the global web browser market, significantly trailing competitors like Google Chrome. 2. Heavy Dependence on Browsers: About 82% of revenue comes from web browsers, making the company vulnerable to shifts in user preferences and market trends. 3. Regulatory Vulnerability: Risks associated with changes in affiliate marketing regulations and data protection laws could impact revenue. 4. Technical Challenges: Users report stability issues and bugs that affect overall experience. ◉ Technical Aspects ● Weekly Chart ➖ In July 2023, the stock peaked at around the 27 level but then encountered considerable selling pressure, leading to a drop towards the 10 level. ➖ Following an extensive period of consolidation, the price has recently achieved a breakthrough and is trending upwards. ● Daily Chart ➖ The daily chart reveals the formation of an Inverted Head & Shoulders pattern. ➖ After a recent breakout, the stock price is currently consolidating just above the breakout level, with expectations of future increases. ◉ Technical Indicators 1. RSI (Daily Chart) ➖ Current RSI of this stock is 66.42, which indicates the strength of buyers. 2. ADX & DI (Daily Chart) ➖ Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured. 3. MFI (Daily Chart) ➖ The current MFI is 59.04, suggesting that the stock is not in an overbought state. 4. EMA’s (Daily Chart) ➖ The stock price is currently positioned above all key EMAs, indicating robust momentum. ◉ Relative Strength ➖ The chart highlights Opera's impressive outperformance of the Nasdaq Composite index, driven by a substantial 50% annual return. ◉ Revenue and Profit Analysis ● Year-over-Year ➖ Opera Limited reported strong financial performance in fiscal year 2023, with revenue reaching $396.8 million, representing a 20% increase from $331 million in fiscal year 2022. ➖ The company's EBITDA also saw significant growth, rising 35% to $69.2 million from $51.2 million in the prior year, while the EBITDA margin expanded to 17.4% from 15.5%. ● Quarter-over-Quarter ➖ Opera Limited's quarterly performance ending September 2024 was equally impressive, with revenue climbing 12% to $123.2 million from $109.7 million in the preceding quarter and 21% from $102 million in the same quarter last year. ➖ Additionally, EBITDA increased 5% to $27.3 million, and diluted earnings per share (LTM) edged up to $1.78 from $1.75 in the previous quarter. ◉ Valuation 1. P/E Ratio ● Current P/E vs. Peer Average P/E ➖ Analyzing the P/E ratio reveals that OPRA stands at 10.1x, highlighting a substantial undervaluation when compared to the peer average of 66.5x. ● Current P/E vs. Industry Average P/E ➖ Within the US software sector, OPRA's P/E ratio of 10.1x is markedly lower than the industry average of 41.9x, signaling that it is relatively inexpensive. 2. P/B Ratio ● Current P/B vs. Peer Average P/B ➖ Examining the P/B ratio, OPRA's current figure of 1.8x falls short of the peer average of 5.5x, indicating a relative undervaluation. ● Current P/B vs. Industry Average P/B ➖ When juxtaposed with the industry average, OPRA's P/B ratio of 1.8x points to a notable undervaluation, as the industry average stands at 3.7x.3.7x. 3. PEG Ratio ➖ A PEG ratio of 0.07 implies that the stock is undervalued in relation to its anticipated earnings growth. ◉ Cash Flow Analysis ➖ In the fiscal year 2023, operational cash flow saw impressive growth, soaring to $82.8 million, a significant rise from the $56.7 million recorded in fiscal year 2022. ◉ Debt Analysis ➖ The company proudly maintains a completely debt-free status, showcasing its strong financial health. ◉ Top Shareholders ➖ Arrowstreet Capital's stake in the company stands at 1.23%, indicating a 4.9% reduction in holdings from the prior quarter. ◉ Analyst Price Target ➖ The 12-month consensus price target for Opera stands at $24.20, implying a substantial potential appreciation of 32% from current levels, presenting an attractive investment opportunity. ◉ Conclusion Opera's attractive valuation and impressive financial performance make it a compelling investment opportunity. However, the company's financial outlook is not without challenges. Market uncertainty and unforeseen events pose risks, while its e-commerce monetization efforts remain vulnerable to market volatility and competition. Additionally, Opera operates in a highly competitive browser market, where intense rivalry could impact user engagement, retention, and revenue. Despite these challenges, the industry's significant growth prospects support a positive outlook, driven by Opera's strengths and resilience, making it an attractive investment choice.
Editors' picks
NASDAQ:OPRALong
by NaranjCapital
2
GOOGL's Momentum Breakout: Scalp & Swing Playbook Nov. 20GOOGL has rebounded strongly from its recent lows and is approaching key resistance levels with sustained bullish momentum. With a clear trendline structure and improving technical indicators, GOOGL offers actionable setups for scalpers and swing traders alike. Here’s a step-by-step plan to navigate the stock’s next move. Market Structure Overview * Reversal in Progress: GOOGL is recovering after a sharp sell-off, forming higher lows and climbing above critical EMAs. * Price Action Insight: Trading near $178.30, the stock is consolidating after a breakout, signaling potential for further upside or a retest of support. * Volume Trends: Increasing volume during the uptrend indicates growing buyer participation, strengthening the bullish case. Liquidity Zones * Demand Zone (Support): $172.00 - $174.00. This zone has held firm during the previous pullbacks and could act as a solid base. * Supply Zone (Resistance): $182.00 - $184.00. Sellers are likely to emerge near this level, as it aligns with the last rejection. Order Blocks * Bullish Order Block: $172.00 - $173.50. Watch for buying interest if GOOGL retraces to this zone. * Bearish Order Block: $182.00 - $183.50. This area represents the next key hurdle for bulls. Key Levels * Support Levels: $171.00, $172.00, $174.00. * Resistance Levels: $178.50, $182.50, $184.00. Technical Indicators * 9 EMA & 21 EMA (Hourly): GOOGL is trending above these indicators, confirming short-term bullish sentiment. * MACD (Hourly): Bullish crossover with a widening histogram, suggesting continued momentum. * RSI (Hourly): Approaching overbought levels, so a pullback or consolidation is possible. Scalping Plan * Entry: Look for entries near $177.50 - $178.00 on a retest of minor support. * Exit: First target at $179.50, with an extended target at $181.00. * Stop-Loss: Place a tight stop at $176.50 to limit risk. * Game Plan: Focus on momentum-based plays near breakout levels. Confirm volume and candle structure before entering. Swing Trading Plan * Entry: Accumulate near $172.50 - $174.00 for a higher-probability setup. * Exit: First target at $182.00, with the potential for $184.00 on sustained momentum. * Stop-Loss: Place below $171.00 to protect against downside risks. * Game Plan: Watch for confirmation of the trendline support and higher lows to validate a swing trade setup. Projection GOOGL is positioned for a test of $182.00 and potentially $184.00 if the bullish momentum continues. However, a failure to hold $177.00 may lead to a retest of $172.00, which could provide another buying opportunity. My Thoughts GOOGL’s recovery suggests strong potential for both quick scalps and longer swing trades. Scalpers should capitalize on short bursts of momentum near $178.00, while swing traders can leverage pullbacks to $172.00 for a longer-term play. As always, manage your risk and adhere to your plan. Disclaimer This analysis is for educational purposes only and should not be construed as financial advice. Always do your own research and consult a financial advisor before making trading decisions.
NASDAQ:GOOGL
by BullBear-Insights
2
Where's GameStop Headed? Is there a future?Will the future revolution be tokenized? Is this a dying retail company headed for certain doom? Seems Ryan Cohen has managed to turn around this company and the launch of GameStop NFT Marketplace trademarked under: "GMerica" The company is also now debt free and C is finding ways to take care of employees as well as bring value to GME How does the market feel about NFT? NFT - "Non-Fungible Token" which are unique digital identifier that cannot be copied, substituted or subdivided. Everything is recorded on blockchain used to certify ownership and authenticity. - Transferable proof of ownership. Potential Applications: - Art -Games -Music -Apps -Movies -Books -Tickets -Stocks - Potential to fix problems with Wallstreet. Can future trading be done on blockchain? -Authentication -Counterfeit protection -Asset titles - Loans/Mortgages - 100% verified ballot voting Let's take a look at the Elliott Wave Analysis: Have you DRS'd?
NYSE:GME
by Azzzz
12