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APPLE: Warning. Potential strong correction ahead.Apple is bullish on its 1D technical outlook (RSI = 67.500, MACD = 4.850, ADX = 85.805) as it has been rising nonstop since November 4th and the U.S. elections. Yesterday's high though, hit the top of the 2 year Channel Up and the 2.0 Fibonacci extension from October's High-Low, with the 1D RSI reaching overbought levels. The last time we saw this exact combination of events was 1 year ago on the December 14th 2023 High. The result was a price correction to the October 2023 Low (S1). As long as the price doesn't make a new High, we are bearish on Apple, aiming at the S1 level (TP = 220.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:AAPLShort
by InvestingScope
Will Allakos Inc. return 10,000% ?? Maybe even 20,000% This is a 20,000% return idea from current price action. If you missed out on the QUBT trade (below) and find yourself filled with regret at the inaction taken… Then Merry Christmas... On the above 15 day chart price action has corrected a massive 99.5% from $166 since early 2021. A number of reasons now exist to take advantage of this discount. They include: 1) Price action and RSI resistance breakouts. 2) Strong regular positive divergence. Recognise this divergence prints at a time price action resistance breaks out and prints support on past resistance from a 4 year active resistance downtrend. 3) No share splits! 4) “Off-Exchange Short Volume Ratio 39.57%” - who are these people? 5) The forecast comes from the wedge breakout. Top and bottom touch points are used to measure the forecast area Is it possible price action continues to correct? Sure. Is it probable? No Ww Type: Trade Risk: You decide Timeframe for long: QUBT danced around 60 cents for a month or so, people got bored, others left in frustration… do you want to see my inbox as price blasted past $6 ?? Filled with regrets from folks unable to exercise patience. Return: 2,500% in the first wave Stop loss: Will say elsewhere
NASDAQ:ALLKLong
by without_worries
3
12/2/24 - $nu - Bot $12, load closer to $10 if/when (LONG)12/2/24 :: VROCKSTAR :: NYSE:NU Bot $12, load closer to $10 if/when - is one of the three stonks in latam that i've commented in the past is worth keeping a v close eye on b/c of the growth rates and tremendous product. the others are NASDAQ:MELI and NASDAQ:DLO (the latter of which worked out nicely and we made a good exit earlier this year from the lows, but it took a minute). - back to Nubank: 1/ brazil in earlier innings of economic funeral, but what's new this happens every so often and those battle tested growers tend to come out of these events eating massive share, Nu will be one of these 2/ timing is always the tricky thing. you want to take calculated risk, but unlike the US stonks, you have clear geo/ FX and therefore adverse flows risk to consider. invest in emerging mkts and you need to have a tolerance/ knowledge of currency risk, minimally. i'm not going to downplay that here, but only to flag this needs to be something you consider if/when considering a stake in $nu. the counter point is they're growing bananas outside of Brazil as well and likely take over pretty much over every other latam country similar to Meli. IMO, there's no competition for the growth engine they can export into latam. 3/ let's math and use two approaches... PE and ROE -> book value a1. PE: let's imagine the 62c next year (in USD) is 50c - only a 15% growth. the reason you'd look at this is b/c most investors r going to be focused here, so you stand the chance of risk-evaluating what others see and making a call (similar to support and resistance vs. some esoteric TA you've developed). in this vein, what would you pay for a 15% EPS grower (ignoring all other factors of what this biz is and only considering it's a bank in Latam)? maybe 10-12x? def sub 1x PEG. b/c it's brazil, brazil is currently fukt. so you put a "depressed multiple" on a depressed EPS. at call it 50c and 10x - you're at $5 bucks. sick downside from the $12 it closed at today. so that's probably *worst* case, from today's POV. let's call that -60%. diddy slip and slide party pain. a.2: PE: but this isn't some "new kid on the block". a lot of Nu investors are smart int'l types that are going to look beyond trough '25, even today, including papi warren B. so if we assume we pick up from 15% toward 20% the following year and go 50c -> 60c, you'd probably start to consider at that point at least a PEG of 1x given growth would extend to the following yrs as well. at 20x on 60c you're at $12 for year-end '26. and let's give it a 15% discount (Ke brazil finger in air - but likely in the ballpark) and you get to $10 and change for the 12M view e.g. YE25, which is the bogey we're all looking at today given we're already done w/ '24. so that's 20% downside. combining a.1 and a.2 above... i'd likely weight a.2 as being perhaps a 70% and a.1 as 30% given the logic described, investor base and this isn't some going concern issue. also i'm being mega conservative w/ my EPS estimates as well. if you haven't noticed, they keep ripping the cover off the ball on EPS. so combined that's -60%*30% + -20%*70% = 33% downside more or less or a $8 stonk. b: ROE thinking. 25% ROEs (probably expanding) and growing book at probably ~$1/shr for the next 2 yrs combined gets you to a book of $5. when you consider this likely continues to grow nearly 15-20% a year... and we could be conservative and say it's 10% a year (cut it more than in half)... at a 15% Ke you get: Price = BookVal * (ROE - g)/(Ke - g) then discount 2 yrs by 15%. this is Price = $5 * (25 - 10)/(15 - 10)/1.15/1.15 = $11+ today. tying this all together... fair value is probably between 10 and 11 today. so buying $12 is defn being a bit opportunistic and playing a reversion move on BRL related assets. i'd not be surprised to see this thing move back toward $13/14 into year end, and equally i'd not be surprised to see it test the big green dilly from Aug 5 this year that ripped thru $10. So, it's not an obvious trade for those who don't know this asset or haven't been following that closely. perhaps easier to wait for better entry even if that means some chop here/ there and you get a bit of fomo if first move is up. The way i'm personally playing it are $10 and $11 strike 2027 leaps. allows me to amp my exposure without necking out too hard on a notional cash-in basis. offers about 3-1 leverage, so a 1.5-2% options position gets me a gross effective of about 5-6%. that's comfy for now. i'd like to get this position closer to 10-15% if/when we hit the $10s area or below (and it will be one to manage b/c *WHY* we go there will matter a lot - not just a rote plan, these things always evolve and perhaps there are other better deals out there too esp in the US or my favs NASDAQ:NXT , NYSE:TSM , NASDAQ:META ). anyway. wanted to flag. should be on your radar. this is a quality LT compounder that's gotten cheap b/c of geography, but is a neo-bank virus to the existing dino's in latam. LMK what u think or esp if u see it differently. have a good week my friends V
NYSE:NULong
by VROCKSTAR
$AMD BuyThe chart of NASDAQ:AMD , combined with its latest fundamental research, provides a detailed overview of the stock’s current position and outlook. Technical Analysis: NASDAQ:AMD is currently in a corrective phase, testing critical support levels. The price is approaching significant support around **$120**, corresponding to the 0.618 Fibonacci retracement, with deeper support near **$92**, aligning with the 0.786 Fibonacci retracement and a long-term moving average. These levels are historically strong areas where buyers could re-enter the market. Momentum indicators such as **RSI** and **Stochastic Oscillator** are showing oversold conditions, signaling a potential reversal upward. The **MACD** remains bearish but hints at a possible shift in momentum. The long-term trend remains upward, with the current price action indicating the stock is near a potential turning point. Fundamental Analysis: Recent financial performance highlights NASDAQ:AMD 's strength. In Q3 2024, revenue grew by **17.82% year-over-year**, driven by strong demand across its product lines. Net income increased by **157.86%**, reflecting improved profitability and operational efficiency. Despite these positives, NASDAQ:AMD faces challenges. It is trailing Nvidia in the AI GPU market, limiting its ability to capture a significant share of this high-growth sector. Additionally, a potential slowdown in the PC market could pressure revenue growth. However, NASDAQ:AMD continues to benefit from Intel’s struggles, while growth opportunities in the data center and custom chip markets remain strong. Synthesis: The current correction in NASDAQ:AMD 's price reflects market concerns over its competitive position in the AI sector and potential softness in PC demand. However, the company’s robust financial performance and opportunities in high-growth areas like data centers suggest that this correction may be temporary. Key support levels at **$120 and $92** are critical to monitor for potential long-term entry points. Conclusion: While NASDAQ:AMD faces near-term challenges, its strong financials, market positioning, and growth potential in high-performance computing present a positive long-term outlook. If the stock holds the current support levels, it could regain momentum, with significant upside potential in the coming years.
NASDAQ:AMDLong
by FairValueBuffet
ACHR Symmetrical Triangle Breakdown with Key Level!The **30-minute chart** for **ACHR** highlights a **symmetrical triangle breakdown**, indicating bearish momentum. - **Entry**: $8.32 (yellow line - breakdown level) - **Stop Loss (SL)**: $7.75 (white line - key support) - **Target 1 (T1)**: $9.30 (red line - immediate resistance) - **Target 2 (T2)**: $10.55 (green line - major resistance level) The price is breaking below key support levels with strong volume, suggesting potential for further downside. Watch for price action near $8.32 to confirm the trend. #ACHR #TradingSetup #TechnicalAnalysis #NYSE #StockMarket #BearishTrend
NYSE:ACHRLong
by Xeeshan79
NVIDIA (NVDA): Post-Earnings Battle Between Bulls and BearsIt is getting harder for $NVDA. Nvidia's earnings appear to have produced a muted market reaction for once. The chip maker's blowout quarterly report was good enough to support the stock but not provide another leg to its stunning rally. By any normal measure Nvidia's third-quarter numbers were stunning, as it nearly doubled its revenue from the prior year. However, its guidance wasn't as strong as some analysts had expected. Which is incredibly if you think that doubling its revenue is not enough for Nvidia to surge higher once more. Attention will now turn to the rollout of Nvidia's Blackwell artificial-intelligence chips Our attention will stay on the chart and we can see this kind of market behaviour in the chart really well. It seems as if bulls and bears are now battling about this earnings report and there are definitely some people trapped with option calls on NVIDIA that they have bought before the earnings. NASDAQ:NVDA has build somewhat of a trend channel and keeps on defending the lower edge of it very well in the past. The question now is if the wave ((iv)) is already finished or not. With the fact that NASDAQ:NVDA is loosing momentum on the RSI but still being able to reclaim the VAL and putting in higher highs we think is is very likely that we are seeing some kind of pullback/blowout of those positions that have been opened and trapped at the all time high now. Still NASDAQ:NVDA is a stock that can put in 10% next week and nobody would be astonished. Therefore we are moving our stop loss from our current open position to 114.50$ and setting alerts for a possible buying opportunity again on $NVDA.
NASDAQ:NVDALong
by freeguy_by_wmc
Tesla (TSLA): Profits Taken, Pullback AnticipatedWhat a rise by NASDAQ:TSLA ! The stock has now reached the targeted wave 3 zone, and we might see some asset rotation out of Tesla into underperforming stocks that could attract renewed attention and capital inflows. Many traders have booked significant profits on NASDAQ:TSLA , and larger players are likely to do the same in the coming sessions. As usual, our focus remains on building a new position during a pullback. We are targeting the 38.2%–50% Fibonacci retracement levels, which should provide sufficient support for another push higher, potentially toward $585 or more. A key level to watch is the old all-time high. Should bulls defend it effectively, waiting for an entry at $371.35 might leave us sidelined. However, we see no reason to force or rush an entry into NASDAQ:TSLA at the moment. Patience remains critical as we wait for the market to come to us.
NASDAQ:TSLALong
by freeguy_by_wmc
BBAI: The Next Big AI StockThe AI industry has captured alot of interest from many investors and traders alike. After the most recent massive rally on Sounhound , for a whopping 400% , we may potentially see a rotation into other AI players such as Big Bear. BigBear.ai is a technology and analytics company specializing in artificial intelligence (AI) solutions for decision support and predictive analytics. The company focuses on providing AI-driven tools and insights to support data-driven decision-making, particularly in complex and high-stakes environments. BigBear.ai serves industries such as defense, healthcare, manufacturing, and logistics, offering services that include: Predictive Analytics: Helping organizations anticipate future scenarios by analyzing patterns and trends. Data Integration: Combining data from multiple sources for a unified and actionable perspective. AI-Driven Decision Support: Leveraging machine learning and advanced algorithms to guide strategic planning. Simulation and Modeling: Creating virtual scenarios to test outcomes and optimize decision-making. The company's solutions are designed to enhance operational efficiency, improve situational awareness, and enable smarter, faster decisions. At the moment, we have several indicators pointing to potentially higher prices including the anchored vwap of the low, as well as a value area breakout and massive triangle breakout. Lets see how it plays out
NYSE:BBAILong
by afurs1
3