TSLA: Sell ideaSell idea on TSLA as you can see on the chart because we have a squeeze and also the breakout with force the vwap and the support line.Shortby PAZINI1910
ASML to $827 abd beyondMODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading system is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at bottom channel Stochastic Momentum Index (SMI) at oversold level Price at Fibonacci level In at $759 Upside targets are 50% fib retrace at $881 or to top of channelLongby chancethepugUpdated 1
$ADBE Adobe's GAP on EARNINGS is no big dealIf you use the great EARNINGS indicator here on TradingView you can quickly see how volatile stocks have been on their EARNINGS report looking back many years very quickly and visually by seeing how big the EARNINGS TRIANGLE is. When we look at NASDAQ:ADBE you can see it gaps a LOT on earnings and has done so the last two quarters as shown with the big green circles I have drawn around the big green triangles and mid-point line which extends out 6 months for reference. Educate yourself with TradingView EARNINGS TRIANGLES and EARNINGS LINES so you are aware of what is important news and what isn't. You can also see how important the past earnings levels are for a stock as a reference. Have a good day. Tim 10:18AM ESTby timwest9
DLTR - I'll biteBounced off 2015 and pandemic support and MACD looks to turn positive on the daily. Looking for a gap fill to ~$82.Longby khannan990
Opening (IRA): NVDA Oct 18th 82/92/118/128 Iron Condor... for a 3.33 credit. Comments: High IV with earnings in the rear view ... . Metrics: Buying Power Effect: 6.67 Max Profit: 3.33 50% Max: 1.67 ROC at 50% Max: 24.96% Will generally look to take profit at 50% max; roll in sides on side test.by NaughtyPinesUpdated 227
Boeing Faces Major Setback as Workers Vote to StrikeBoeing Co. (NYSE: NYSE:BA ) is once again facing turbulence, but this time, it's not related to its planes or production flaws. Thousands of Boeing factory workers have overwhelmingly voted to strike, rejecting a tentative contract agreement, sending shockwaves through the aerospace sector. The strike could have substantial financial consequences, not only for Boeing but also for airlines, suppliers, and the broader industry. Here’s an in-depth look at the technical and fundamental aspects of Boeing's current situation. Union Discontent and Financial Repercussions The decision by Boeing workers to strike, voting 96% in favor, comes after rejecting a contract that offered a 25% wage increase over four years and a commitment to invest in the Puget Sound region. The workers, represented by the International Association of Machinists and Aerospace Workers (IAM), found the deal insufficient, especially against the backdrop of Boeing’s previous issues and ongoing recovery efforts. Key Factors: - Financial Strain: Boeing has been struggling with production delays, safety concerns, and a staggering $60 billion debt load. A prolonged strike could worsen these issues, especially if it drags out as the 2008 strike did, costing Boeing $100 million per day. - Impact on Operations: The strike affects Boeing’s major assembly plants on the West Coast, including Seattle and Portland. This could disrupt the production schedule of key models like the 737 MAX, already under scrutiny by regulators. - Market Response: Boeing's stock is down 36% year-to-date, reflecting investor concerns over ongoing financial strains and potential production disruptions. With the strike, there is a real risk of further downgrades by rating agencies, putting additional pressure on Boeing’s credit standing. Technical Outlook Technically, Boeing’s stock is already on shaky ground, having been in a downward trend for most of the year. The strike news has pushed the stock further down, trading near its lowest levels since November 2022. Technical Indicators: Boeing's shares fell around 3% early Friday, breaking below key support levels as the market digested the strike news. The stock is now trading near $180, a critical psychological and historical support zone. A dip below the critical support of $126 will lead to massive sellout as it stands as the major building block holding Boeing (NYSE: NYSE:BA ) stock. The stock has been trading well below its 50-day and 200-day moving averages, a bearish signal that indicates ongoing downward momentum. A death cross pattern was recently confirmed, suggesting further downside risk. The Relative Strength Index (RSI) remains oversold, hovering around 40, indicating that while the stock is heavily beaten down, it could still see further selling pressure. The MACD is also trending negative, reinforcing the bearish outlook. What’s Next for Boeing? As Boeing (NYSE: NYSE:BA ) navigates these troubled waters, the outcome of the strike negotiations will be crucial. The company has expressed its willingness to return to the table, but workers are holding firm on their demands. For investors, the key will be to monitor any updates regarding the length and impact of the strike, especially on Boeing's production capabilities and financial outlook. Boeing’s challenges are emblematic of broader issues in the aviation industry—supply chain disruptions, rising costs, and workforce discontent. A prolonged strike could set Boeing back in its recovery efforts, delaying production and hurting its reputation further. For now, the market is on edge, watching closely as Boeing seeks to balance financial prudence with the demands of its workforce. Investor Takeaway Boeing (NYSE: NYSE:BA ) remains a high-risk stock in the near term due to the ongoing strike and financial uncertainties. Investors should be cautious and consider the potential for further declines if the strike continues. Key technical support levels and the company’s ability to resolve union disputes will be critical factors influencing Boeing's stock performance in the weeks ahead. While the long-term outlook for Boeing (NYSE: NYSE:BA ) remains tied to the broader recovery of the aviation industry, the current scenario presents significant short-term headwinds. Navigating these challenges successfully will require careful negotiation, strategic decision-making, and, most importantly, a commitment to restoring the trust of both its workforce and investors.Longby DEXWireNews224
ATPC Partners with Photons Solar to Advance Solar PV SystemJoint Initiative to Boost Renewable Energy Adoption and Support Carbon Neutrality in the Region KUALA LUMPUR, 13SEPTEMBER 2024 – NASDAQ-listed AGAPE ATP Corporation ("ATPC"), through its subsidiary, ATPC Green Energy Sdn. Bhd. (“ATPC Green Energy”) has entered into a strategic collaboration with Xiamen Photons Solar Technology Co., Ltd (“Photons Solar”), a value chain partner of a Shenzhen Stock Exchange-listed Fujian Minfa Aluminium Co., Ltd (“Fujian Minfa Aluminium”). This collaboration focuses on developing solar photovoltaic (PV) mounting systems for Malaysia and ASEAN countries. The agreement was signed at Photons Solar’s headquarters in Xiamen, China. This partnership comes at a pivotal time as ASEAN countries intensify their efforts toward a zero-carbon energy future. Governments in the region have been implementing various policies to encourage the development and use of renewable energy, with a strong focus on achieving carbon neutrality. The collaboration between Photons Solar and ATPC Green Energy, both leaders in renewable energy innovation, is designed to accelerate these efforts and drive the transformation of the ASEAN solar market. Prof Dato’ Sri Dr How Kok Choong, the Founder and Global Group CEO of ATPC said, “This partnership with Photons Solar is a strategic step forward for us as we continue to develop solar PV farms in Sabah. Our collaboration aims to address critical issues such as grid stability and power supply challenges, ultimately supporting Sabah’s shift to a clean, affordable, and reliable energy source. By aligning our efforts with a partner that shares our vision, we are well-positioned to make a significant impact on the renewable energy landscape in the region.” “We believe that sharing technological expertise is the key to driving innovation and fostering collaboration. By working with Photons Solar, we are combining our strengths to create versatile and flexible solar solutions that cater to the diverse needs of the ASEAN market. This partnership allows us to leverage local insights and advanced technologies, further supporting our commitment to advancing renewable energy goals across the region,” How added. Photons Solar, renowned for its extensive experience in solar PV mounting systems with over 5 gigawatts (GW) in cumulative shipments and a 960,000 square meter manufacturing facility owned by Fujian Minfa Aluminium, brings a wealth of knowledge and advanced technology to this collaboration. The company is committed to providing high-quality, efficient, and customized solar mounting solutions that cater to various customer requirements. Mr. Paul Cao, Chief Executive Officer at Photons Solar, said, "We are pleased to partner with ATPC Green Energy, given their solid presence and experience in the ASEAN region. Collaborating with a company that understands the local market dynamics allows us to work more effectively towards our shared goals in promoting renewable energy. We look forward to this journey together.” The projects under this collaboration will leverage Photons Solar’s state-of-the-art solar mounting systems while drawing on ATPC Green Energy’s service-oriented approach. By integrating their expertise in project management, technological innovation, product quality, and service excellence, both companies are poised to deliver efficient, reliable, and environmentally sustainable solar projects that align with the region’s energy needs. ALongby HASHInvests2000
Cup & Handle Breakout...Tracking this beautiful Cup & Handle on NVDA 1 hr... This comes just after the massive breakout of the Descending Broadening Wedge. If this Bull trend continues, our next stop is going to be $130. Stay tuned! Longby impossiblebull111137
Oracle Hit a Record High This Week. Here Are Its ChartsOracle NYSE:ORCL gained more than 10% to hit record highs this week after the cloud-based AI giant beat analysts’ earnings and revenue expectations and announced a deal to integrate its products with Amazon Web Services. What does ORCL’s fundamental and technical analysis say could happen next? Let’s take a look: Fundamental Analysis Oracle reported after the bell Monday that it saw $1.39 in adjusted earnings per share on $13.307 billion of revenues in its fiscal Q1 ended Aug. 31. Adjusted EPS beat the Street's expectations by about a nickel, while revenues not only beat analysts’ consensus estimates, but were also good for 6.8% in year-over-year growth. Other highlights included 53% year-over-year growth in Total Remaining Performance Obligations to $99 billion, a 45% y/y increase in IaaS Cloud Infrastructure Revenue to $2.2 billion and 21% y/y gains in IaaS + SaaS Cloud Revenue to $5.6 billion. Meanwhile, perhaps even bigger than the earnings news was word that Oracle had signed a MultiCloud agreement with Amazon NASDAQ:AMZN . Under the deal, Oracle will embed its Exadata hardware and Version 23ai database software into Amazon Web Services cloud datacenters. This agreement will enable enterprise customers to connect data in their Oracle database to applications running on Amazon's cloud service. AWS customers in turn will get access to Oracle's database in September. Oracle already signed a similar deal with Alphabet NASDAQ:GOOGL NASDAQ:GOOG in June covering the Google Cloud. In other words, three of the nation's four largest cloud-services providers (Oracle, Amazon and Alphabet) are now working together. (The other large provider is Microsoft NASDAQ:MSFT , which owns the Microsoft Azure cloud-computing platform.) The Amazon deal and Oracle’s solid earnings sent ORCL shares up 14.1% as of midday Thursday from where the stock closed on Monday before the news broke. Shares are also up some 50% year to date in 2024, making Oracle one of the year’s best-performing large-cap tech stocks. Technical Analysis Now let’s look at Oracle’s technicals, beginning with its one-year chart as of midday on Tuesday (Sept. 10): Readers will see a pattern in the above chart where for three straight quarters, Oracle reported earnings and/or other news that created a "gap-up" session the next trading day. These gaps broke the stock out of periods of basing consolidation three times -- in March, June and again on Tuesday (Sept. 10). It's almost like a step ladder. Can the stock hold on to its latest gap-up? Well, in both prior moves, the stock filled the gap ahead of its next earnings-reporting date. Does that make sense to engage with Oracle’s latest gap, or is it more prudent to use history as a guide and wait to see if the stock fills its latest gap? Mind you, Oracle previously has filled in gaps -- but over these past nine months, the stock has never broken through established support. Oracle’s Relative Strength Index (the gray line at the top of the above chart) looks to be technically overbought as well. Over the past nine months, every one of those elevated RSI readings turned out to be a temporary sell signal. That said, the daily Moving Average Convergence/Divergence indicator (or MACD, the gold and black lines at the bottom of the above chart) is slightly bullish. The 12-Day Exponential Moving Average (the black line) is above the 26-Day Exponential Moving Average (the gold line). Meanwhile, the histogram for the 9-Day Exponential Moving Average (the blue bars at the bottom of the chart) is ever so slightly above zero. Historically, that combination looks a bit positive, but also seems almost cautious. The moves seem less pronounced, and not as sharp. Next, let's throw an Andrews' Pitchfork model onto Oracle’s chart and see if we can't smooth out the stock’s price action for the less trained eye: Tracing the pitchfork back to Oracle’s October low and running it through the present, we find that almost everything in between has been part of a trend. If the pitchfork is to continue as it has, then ORCL tried to crack the upper trendline of the model (the highest of the five “pitchfork” lines shaded in gray). However, the stock was quickly forced back down into that upper chamber. Does that mean the most recent gap will fill? If the past serves as guide and if the trend has its way, that seems likely. (Disclosure: At the time of this writing, Moomoo Markets Commentator Stephen Guilfoyle was long AMZN.) This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.by moomoo2
NVIDIA Corporation _ Sep _W3 _ W4 _ Distribution _ Prices _ UndeNVIDIA Corporation _ Sep _W3 _ W4 _ Distribution _ Prices _ Under _ Trading _ Venue _ NASDAQ. Sep _ 1st Distribution: 1st Distribution: $124.06 $124.96 $129.90 $130.04 $134.36 __________ 2nd Distribution: $136.57 $137.05 $139.34 _______________________ Support confirmation over July period = $136.45 Follow by $137.05 , $139.34. Retest (drop) from here is depending on lower area performing currently, if market moves without correcting the lower retest then we will be expecting a drop to the key level of $111 range from $139. ___________________________________ Quarter 4 _ Early _ month _ 1st Distribution: $140.11 $149.13 $156.42by Skill-Knowledge-Conduct2252
NASDAQ: AZ | Revolutionizing the $26.7 Billion Self-Service MarkTired of long checkout lines? AZ Cust2Mate (NASDAQ: AZ) might be worth adding to your watchlist. Specializing in smart cart technology, AZ's flagship product offers in-cart weighing for produce, navigation features, seamless checkout, and advanced security to prevent theft. Imagine shopping with AZ’s smart cart, scanning items as you go—no more waiting in lines. Already partnered with Yochananof and Carrefour, AZ is making strides in the US market, projected to reach $26.7 billion by 2028. AZ operates on a SaaS model, earning from setup fees, monthly subscriptions, and additional services like data insights. With 5,000+ carts deployed, they’re poised for growth. Despite recent stock volatility, AZ’s strong fundamentals make it an intriguing investment opportunity.Longby HASHInvests2000
META: Sell ideaOn META we would have a hight probability to have a downtrend if only if we have the breakout with force the vwap and the support line by a big red candle follow by a large red volume.Shortby PAZINI193
NVDA - Trading above key resistance - Will it hold?It's a great day! Quick update on our little friend NVDA. We fell below the KEY support level of $118 in late August, but we recently reclaimed that level yesterday. Now that we are here, we need to stay above that $118 level and with today being Friday, it's even more important that we stay above $118 at market close. Barring some resistance levels that still exist above us (compared to SPX and NDX where we've already reached those levels - more on that in the video commentary), I have placed a bullish price target at $146. From a bearish stance not discussed in the video, I have a target of about $84 if October ends up being bearish. At this point, the probability is to the upside but that can obviously change at a moments notice. Take your trades with precision and a plan. Have a plan when you're trading and stick with that plan. I tend to ask myself "Is this trade still valid?" or "Is the reason why I entered this trade still true?". These are the questions that will define you as a trader. Investing is a different animal. If you like the company, you should have added to your position below $100 because that was a gift (in your eyes). If you're a trader, the same should have been true, but the reasons for staying in the position are different for traders vs investors. More on that another day. Thanks for reading and please comment below if you have any questions!Long05:05by bitdoctor3
AMZN Stock Surge: A Strong Investment Opportunity🚀 **Amazon (AMZN) on the Rise!** Recently, Amazon's stock has experienced a notable increase, and there are several reasons why this could be an excellent investment opportunity at this moment. 🔍 **Key Factors Driving the Surge:** 1. **Strong Earnings Report:** Amazon's latest earnings exceeded analysts' expectations, showcasing robust growth in both its e-commerce and cloud computing segments. This positive performance has boosted investor confidence. 2. **Expansion in Cloud Services:** Amazon Web Services (AWS) continues to dominate the cloud market, with increasing demand for cloud solutions. As businesses continue to shift to digital platforms, AWS is well-positioned for sustained growth. 3. **E-commerce Resilience:** Despite economic uncertainties, Amazon's e-commerce platform remains resilient. The company’s focus on enhancing customer experience and expanding its logistics network is likely to drive further sales growth. 4. **Innovative Initiatives:** Amazon's investments in AI, logistics, and new technologies are paving the way for future growth. The company's commitment to innovation positions it well for long-term success. 📈 **Technical Analysis:** - **Bullish Momentum:** The recent price action shows strong bullish momentum, with AMZN breaking through key resistance levels. This could indicate further upside potential. - **Support Levels:** Watch for potential pullbacks to established support levels, which could provide attractive entry points for new investors. 💬 **Conclusion:** With its strong fundamentals, innovative strategies, and positive market sentiment, AMZN presents a compelling investment opportunity. As always, investors should conduct their research and consider their risk tolerance before making any investment decisions. What are your thoughts on AMZN's recent performance? Are you considering adding it to your portfolio?Longby jhaynsf5
Adobe Shares (NASDAQ: $ADBE) Plunge on Disappointing OutlookAdobe Inc. (NASDAQ: NASDAQ:ADBE ) shares tumbled more than 9% in extended trading after the company released a disappointing outlook for its fiscal fourth quarter, overshadowing its strong third-quarter performance. Despite reporting better-than-expected earnings and revenue, the lackluster guidance raised concerns among investors about Adobe’s near-term growth prospects. The San Jose-based software giant, renowned for its Creative Cloud and other digital media services, posted third-quarter revenue of $5.41 billion, marking an 11% increase year-over-year. Earnings per share (EPS) came in at $3.76, exceeding the $3.05 reported in the same quarter last year. However, Adobe’s projection of fourth-quarter revenue between $5.50 billion and $5.55 billion fell short of analysts' estimates. The company also expects diluted EPS of $3.58 to $3.63, lower than Wall Street's anticipated range. Despite the record net-new annualized recurring revenue (ARR) of $504 million from its Digital Media segment, Adobe’s cautious outlook reflects ongoing concerns about economic uncertainty, high interest rates, and cautious enterprise spending. Technical Outlook: Key Levels to Watch Adobe's stock price has been under pressure, reflecting broader market concerns. The shares are currently poised to break down below the lower trendline of an ascending triangle pattern—a bearish signal that could indicate further declines. Here are the critical technical levels to monitor: 1. $500 Level: This is a crucial support zone that coincides with a psychological round number and aligns with multiple peaks and troughs from June 2023 to August 2024. A breakdown below this level could signal a shift in investor sentiment, paving the way for further declines. 2. $435 Support: A drop to this area could present a buying opportunity as it corresponds with a pre-gap consolidation zone during a significant uptrend observed between May and June 2023. This level also aligns closely with a swing low from May 2024, adding to its significance as a potential support point. 3. $386 Level: The next lower support sits at $386, where the stock could encounter buying interest near several historical peaks that formed from early February to late April last year. A failure to hold this level could set the stage for a deeper correction. Resistance to Watch On the upside, the key resistance level to watch is $550. If Adobe shares attempt a countertrend move, they may face selling pressure around this level, which represents a retest of the ascending channel’s lower trendline. AI Innovations Yet to Prove Lucrative Adobe has been at the forefront of integrating AI into its suite of products, including popular tools like Photoshop and Illustrator. The company has embedded its proprietary Firefly technology into these applications, aiming to enhance user experience and drive value. However, investors remain skeptical about Adobe's ability to monetize these AI advancements, particularly amid rising competition from nimble startups and rival firms like Salesforce and Workday. On a recent earnings call, Adobe’s management emphasized their focus on enhancing customer engagement with AI tools rather than directly monetizing them. CEO Shantanu Narayen highlighted the potential for new content types, such as video, to open additional revenue streams in the future. However, the market's appetite for immediate returns and tangible financial impacts from AI innovations remains unfulfilled, contributing to the negative sentiment. A Potential Shift to Bearish Momentum Adobe's recent chart activity reveals a troubling pattern, with the stock price sitting at a precarious position just above key support levels. The 50-day moving average recently crossed above the 200-day moving average, forming a golden cross, a traditionally bullish signal. However, the failure to hold above the ascending triangle’s lower trendline suggests that this bullish momentum could be fading. The stock’s RSI (Relative Strength Index) of 60.95 indicates that while it is not yet in oversold territory, there is ample room for further downside. Should the stock break below the critical $435 support pivot, it may trigger a wave of bearish sentiment, potentially leading to a broader sell-off. Conclusion Adobe Inc. (NASDAQ: NASDAQ:ADBE ) faces a challenging landscape as it navigates economic headwinds and investor expectations for its AI-driven future. With critical support levels under threat, the technical picture suggests caution. Investors should remain vigilant, especially with the stock approaching key pivot points that could determine its near-term trajectory. While Adobe’s innovative product suite continues to perform, the market’s immediate focus will likely remain on whether the company can turn its AI ambitions into concrete financial gains, making it a stock to watch closely in the coming months.Shortby DEXWireNews7
SPOTIFY to resume the uptrend and target $400.Spotify (SPOT) tested and held the 1D MA50 (blue trend-line) on Monday. This is the second progressive MA hold it makes after rebounding on the 1D MA100 (green trend-line) on July 18 2024. The latter technically was a Higher Low on the nearly 2-year Channel Up pattern that has posted two cycles of Bullish Legs within that time span of around +160% each. The 1D RSI is posting a similar Bull Flag as in September - October 2023, so we might be in the same symmetry as that price action. As you can see, that fractal rose to above the 1.5 Fibonacci extension following a 1D MA50 rebound, so if the current price action replicates it, we should see $400 by early November. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot4
EdTech Unicorn Stride Surges: Strong Financials Fuel Rally!The EdTech revolution is progressing rapidly! As technology advances, internet access grows swiftly, and students seek innovative learning methods, the global EdTech market is flourishing. North America currently holds a significant 37.3% share, but regions such as the Middle East and Africa, Europe, and Asia-Pacific are gaining ground, fueled by government support, digital literacy, and a burgeoning middle class. It's an exciting time for digital learning, and there's even more to look forward to! ◉ EdTech Market Growth Outlook ➖ Valuation projected to rise from $220.5 million in 2023 to $810.3 million by 2033. ➖ Compound Annual Growth Rate (CAGR) of 13.9%. ◉ Government Initiatives Supporting EdTech Sector The US Department of Education has allocated $277 million in new grants through the Education Innovation and Research program to enhance educational equity and innovation, particularly in areas affected by the COVID-19 pandemic, specifically focusing on STEM education and rural regions. Recognizing the enormous opportunity in EdTech, we're examining a stock that exhibits remarkable growth potential within the sector. ◉ Company Overview Stride Inc. NYSE:LRN is a tech-driven education service provider offering proprietary and third-party online curricula, software, and services in the U.S. and globally. Their products support personalized learning for K-12 students through virtual and blended public schools, individual online courses, and supplemental materials in subjects like math, English, science, and history. Stride also emphasizes career learning in fields such as IT, healthcare, and business, and operates tuition-based private schools. Additionally, they provide post-secondary programs in software engineering and healthcare under brands like Galvanize and Tech Elevator, along with staffing services. Rebranded from K12 Inc. in December 2020, Stride has been incorporated since 1999 and is headquartered in Reston, Virginia. Investent Advice by Naranj Capital Buy Stride NYSE:LRN ● Buy Range- 77 - 80 ● Target- 115 - 120 ● Potential Return- 45% - 50% ● Invest Duration- 12-18 Months ◉ Market Capitalization - $3.31 B ◉ Peer Companies ➖ Graham Holdings NYSE:GHC - $3.23 B ➖ Adtalem Global Education NYSE:ATGE - $2.67 B ➖ Grand Canyon Education NASDAQ:LOPE - $4.04 B ➖ Laureate Education NASDAQ:LAUR - $2.25 B ◉ Technical Aspects ● Monthly ➖ The stock price initially faced resistance at $40 in 2011 but later found support at $17. ➖ Despite several attempts to break through resistance, the stock experienced significant declines. ➖ However, after a 12-year period, it finally broke out and rallied to a high of $84. ➖ Currently trading at $77.7, the stock is expected to continue rising in the near future ● Daily ➖ The daily chart indicates a clear uptrend in the price movement. ➖ An ascending triangle pattern has formed, and following the breakout, the price has retraced to the breakout level. ➖ At this moment, the price is attempting to find support at the 50 EMA. ➖ From a technical standpoint, the stock is resting at a support level, making it an attractive option for accumulation with a mid to long-term investment outlook. ◉ Relative Strength ➖ The chart clearly illustrates that Stride Inc. has greatly outperformed the US Smallcap 2000 index, achieving an impressive annual return of 82%, which is a notable achievement. ◉ Revenue & Profit Analysis ● Year-on-year ➖ In FY24, revenue surged by 11.3%, reaching $2,040 million, up from $1,837 million in FY23. ➖ EBITDA saw a substantial boost, climbing to $295.3 million in FY24 compared to $225.2 million the previous year. ➖ The EBITDA margin also experienced growth, rising to 14.47% from 12.26% in FY23. ➖ Additionally, diluted EPS witnessed an impressive increase of 57.91%, jumping to $4.69 in FY24 from $2.97 in FY23. ● Quarter-on-quarter ➖ In the latest June quarter, the company achieved a remarkable milestone with quarterly sales reaching an all-time high of $520.8 million. This marks a 3% increase from the $504.9 million recorded in the March quarter and a significant 10.75% rise compared to $470.3 million in the same quarter last year. ➖ EBITDA declined from $100.2 million to $82.3 million in the latest quarter, representing a 17.8% decrease. ◉ Valuation ◉ PE Ratio ● Current PE Ratio vs. Median PE Ratio ➖ The present price-to-earnings ratio for this stock is 16.2x, which is considerably below its four-year median price-to-earnings ratio of 18.9x times, indicating that the stock is currently undervalued. ● Current PE vs. Peer Average PE ➖ The stock presents a favorable valuation when considering its Price-To-Earnings Ratio of 16.2x, which is lower than the average of its peers at 18.3x. ● Current PE vs. Industry Average PE ➖ Stride appears to be offered at a more competitive price, featuring a Price-To-Earnings Ratio of 16.2x, which is significantly below the average of 19.2x for the US Consumer Services industry. ◉ PB Ratio ● Current PB vs. Peer Average PB ➖ The present PB ratio in relation to the average PB of peers indicates that the stock is somewhat higher, with a ratio of 2.8x in contrast to the peer average of 2.6x. ● Current PB vs. Industry Average PB ➖ When comparing the current PB ratio to the industry average, Stride appears to be considerably overvalued, exhibiting a PB ratio of 2.8x, while the industry average stands at 1.6x. ◉ Cash Flow Analysis ➖ The cash generated from operations has experienced substantial growth in fiscal year 2024, increasing to $278.8 million from $203.2 million in fiscal year 2023. ◉ Debt Analysis ➖ Stride has a total debt of $528.2 million, resulting in a debt-to-equity ratio of 0.44. ➖ The company generates sufficient interest income to exceed its interest expenses, indicating that interest payment coverage is not an issue. ◉ Top Shareholders ➖ BlackRock Inc. holds a significant ownership interest in this company, with a notable stake of 14.9%. This level of investment reflects BlackRock's confidence in the company's potential for growth and profitability. ➖ The Vanguard Group also maintains a considerable presence, owning 10.7% of the company's shares. ➖ Together, these two investment giants represent a substantial portion of the company's equity, indicating strong institutional support and interest in its future performance. ◉ Conclusion Upon examining Stride Inc.'s financial performance, we focused on essential metrics such as revenue growth, profit margins, and the stability of cash flow. Additionally, we assessed the company's future growth potential by looking into industry trends and the competitive landscape. As a result, we are confident that Stride Inc. is positioned to capitalize on new opportunities while effectively navigating challenges, making it an attractive option for both investors and stakeholders.Editors' picksLongby NaranjCapital55113
Inverse Head&Shoulder PaypalNASDAQ:PYPL Inverse Head&Shoulder in full play now at PP - Target 100 Backtest at Neckline also successfull - No Elevator up to the Top (!)Longby Rolixc775
Is IBM's retreat from China a strategic gamble or a harbinger ofIBM's recent strategic decision to shutter its research and development center in China has sent ripples through the global tech industry. This move, coupled with the exodus of other American tech giants, has ignited a heated debate about the forces shaping the future of business in the world's second-largest economy. Is IBM's retreat a calculated response to changing market dynamics, or is it a canary in the coal mine, signaling a broader shift in the geopolitical landscape? As we delve deeper into the intricacies of this decision, a complex picture emerges, one that challenges our understanding of the delicate interplay between business, politics, and economics. IBM's withdrawal from China is not merely a corporate decision but a reflection of the evolving tensions between the world's two superpowers. The escalating trade wars, regulatory hurdles, and geopolitical uncertainties have created a challenging environment for foreign businesses, forcing them to reassess their strategies. However, IBM's decision is also a strategic one, driven by factors such as cost optimization and a desire to focus on core competencies. By relocating its operations to regions with lower labor costs, IBM can enhance its profitability and allocate resources more efficiently. As we navigate the complexities of this situation, it's imperative to recognize that IBM's retreat is not an isolated incident. It is a symptom of a broader trend, a reflection of the challenges faced by foreign companies operating in China. The economic slowdown, increased nationalism, and regulatory uncertainty have created a perfect storm that is forcing businesses to rethink their China strategies. The future of business in China remains uncertain. IBM's decision is a stark reminder of the delicate balance between economic opportunities and geopolitical risks. As the world continues to evolve, it is essential for businesses to remain agile, adaptable, and prepared to navigate the challenges and seize the opportunities that lie ahead. Longby signalmastermind1
Will the contracting triangle be confirmed?NYSE:CCL The Carnival Corporation listed in the New York Stock Exchange is aiming for a spurt to $19.00. Within a contracting triangle, the next target could well be the upper resistance.Longby KStefanTrading0
Consolidation and … continuation soonI am anticipating a short-term drop to 210 if we break below 217, which has proven to be a strong support level. 13 September - Today, pre-orders start, and analysts will be closely watching the progress. There’s bound to be plenty of news, and to top it off, it’s Friday. Given this, I expect we may see at least a 1-2% drop, especially considering it’s September… Aside from one positive—FDA approval of their hearing aid software—Apple doesn’t have much good news. Here are the major concerns: Apple’s market share in China is falling faster than expected. We’ll see the full impact in future earnings reports. Apple lacks its own AI model and is partnering with OpenAI. To me, this is a major strategic failure, especially compared to Google, which is doing far better in this space. The iPhone 16 release is becoming less exciting. Apple has been focusing solely on processor and camera upgrades year after year, neglecting the need for innovation in AI, design changes, and tech beyond hardware. Vision Pro: This was a clear miss. I bought one and ended up returning it. A big letdown was that I couldn’t even create a separate user profile for my wife. So Apple expects me to spend £4k just for some immersive videos? That’s just ridiculous. Shortby GhazKhan224
$CSCO Faked Breakdown!NASDAQ:CSCO had two back-to-back inside days 9/9 and 9/10 and on 9/11 broke the previous day low (9/10) but was a fake breakdown and began to shoot up after 11:00am. You're currently viewing NASDAQ:CSCO on the 65minute chart. There are 6 bars per day on a 65m chart. The stock is up 3.74% since Wednesday, 9/11 @ 11:00am. I didn't take the trade but the calls are up from my previous NASDAQ:CSCO post: NASDAQ:CSCO 50c 9/20 (0.25 -> 0.37) +48% NASDAQ:CSCO 50c 10/18 (0.65 -> 0.90) +39% Price can either consolidate around the 0.28 fib, go higher to $50 or retrace back to 0.382 fib.by Brandonthrives1
The Trend Line and the Key Level MU 3DIt seems that MU may have pulled back to a key level that acted as resistance that was broken through, now will this key area act as support? Or will it fall further and test the trendline? One thing to note is that the CM Williams Vix Fix is flashing green saying a possible bottom is in?by mmbrown17750