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MARA: Second ChanceMy previous trade idea on MARA followed the accumulation of the lows below $10 when this stock was totally undervalued. I was buying to sell into the ETF news, which lined up perfectly with my BTC prediction approaching 48-50k. That trade resulted in a profit of 300% and our next opportunity is likely approaching as the Bitcoin Halving will occur in April. Ive since sold my MARA position but I will start accumulating this stock again as price retraces. There will be 2 BASIC indicators that I will use to predict where the bottom of this retracement will be. 1) The traditional Fibonacci retracement from the bottom of the range, to the top of the move. We will be using the Golden Pocket CC .618 as a base case and look for confluence at that level. To my expectation, this range lines up with a GAP that MARA failed to close, before rallying over 100%. My previous idea was based on the fact that GAPS must be filled once a direction is chosen. This will be no different. 2) The overall strength of the Market, in particular Bitcoin. I will be looking for a retracement on BTC to at least the $30k-$32k level, which was the previous massive range resistance, and should now be treated as support. If we break this level, we will very likely be looking at lower prices and this trade will be invalidated / look for lower prices. I do believe that we will see a several week accumulation period in the spring, which may last in to the summer until BTC potentially begins its post halving rally in the fall / winter of 2024. It will be important to watch the RSI on the daily time frame. If we break into new lower ranges, but the RSI fails to generate new lows, you can use this as a sign that the bottom is near. My target will be between $12-$13. If we do see further downside towards the previous range point of control at approx $9-$10, this would be a load the boat situation to average in. Lets Go MARA! Good Luck!
NASDAQ:MARA
by afurs1
165
NVDA - Cup and HandleNVIDIA (NVDA) has recently shown a "cup and handle" pattern, a bullish signal often indicating potential for a price breakout. This pattern, with a rounded "cup" followed by a consolidation "handle," suggests the stock could be primed for an upward move, making it attractive for long positions. Several factors support this technical setup. NVIDIA has shown strong year-to-date returns, demonstrating resilience and investor interest. Additionally, with its upcoming inclusion in the Dow Jones Industrial Average, the stock may see increased inflows from index-tracking funds, adding further upward pressure. These technical and fundamental aspects combined create a favorable outlook for long positions in NVDA.
NASDAQ:NVDALong
by aznric3boi91
Technical Review - Agape ATP Corporation (ATPC) Agape ATP Corporation (ATPC) is showing promising signs of a potential upward breakout as it consolidates within a steady range, with strong support observed at $1.50. This level has consistently attracted buyers, reinforcing confidence and creating a solid foundation for a bullish move. Should the price continue to hold above this point, it indicates healthy accumulation, positioning ATPC for potential growth. On the upside, $2.00 has emerged as the primary resistance level, but recent price action suggests a brewing momentum to break through this barrier. A successful move beyond $2.00, especially if accompanied by an increase in trading volume, would signal a breakout, opening up a pathway to $2.50. This resistance level serves as the next target, where a surge could propel the stock into a new trading range, attracting more bullish interest. Supporting this outlook, the technical indicators add strength to the bullish case. While the MACD reflects a steady buying interest, the MCDX Plus shows signs of accumulation with increasing momentum in the green zone. This suggests that buyers are building up positions, indicating underlying strength that could fuel a significant rally once the $2.00 level is breached. In summary, ATPC is primed for a bullish breakout, with a solid support base at $1.50 and clear resistance at $2.00. Investors should keep an eye on the volume and momentum indicators, as a sustained move above $2.00 could lead to further gains towards $2.50 and beyond.
ALong
by HASHInvests200
11/4/24 - $tdc - another Q from the sidelines 4 me11/4/24 :: VROCKSTAR :: NYSE:TDC another Q from the sidelines 4 me - in "theory" these guys can do >$300 mm of FCF on EV of mid 3's billion which is "great" yield. - But... and probably with two T's... - The market is simply having a tough time buying growth sub 10%, nevermind mid singles, and especially declining growth. - While a quarter can change a lot, esp wrt guidance/ outlook etc. and that's an important caveat, in a week like this one where we have a 4-year catalyst which will probably create some wild waves, this stonk simply isn't a good R/R, layup or obvious to me (even the obvious plays in my portfolio aren't obvious ST!!) - so i bid you good luck if you own this thing. i struggle to understand if i'd even buy a dip on a miss (probably not), and we've seen stuff that misses getting sent to Hades in a Burkin - also the perma-bid from last quarter's big drop in a straightline fashion is hellasketch. this tells me a. someone knows it's worth buying (and i can't see this ^ per the above comments), or b. there's some weird MM stuff going on to find bids before they send it... again... lower. i don't want to guess. so i just watch. V
NYSE:TDC
by VROCKSTAR
1
Berkshire Hathaway | No More Apple Pie & Bank Bread!No More Apple Pie and Bank Bread | Buffett’s Recipe for Market Caution Berkshire Hathaway has recently disclosed its earnings amid fluctuating around a $1 trillion valuation. A notable update is its continued reduction of stakes in overvalued assets, including a 20% decrease in holdings of Apple and Bank of America, boosting its cash reserves to $325 billion Although Warren Buffett himself isn't favoring share buybacks at present, Berkshire Hathaway stands as a compelling investment option Why Berkshire Hathaway's $325 Billion Cash Pile Signals Market Caution The company's net earnings remain subject to significant fluctuations due to rules requiring valuation changes of investment holdings. However, there was a slight decline in operating earnings, mainly driven by lower insurance underwriting income. Despite this, that segment is historically volatile, and year over year aka YoY, the company has maintained strong performance. Yea2date aka YTD, operating earnings have risen over 10%, totaling just under $33 billion compared to just below $29 billion last year. This points to an annualized earnings estimate of approximately $44 billion, implying a price2earnings aka P/E ratio of about 22, without factoring in over $320 billion in cash and significant investment holdings. Excluding cash and investments, the adjusted P/E ratio is closer to single digits. Share buybacks have paused, reflected in a ~1% decrease in the outstanding shares YoY, signaling Berkshire's assessment of current market valuations. Segment Highlights The various business units within Berkshire Hathaway showcase its robust asset base and earning capacity. Insurance underwriting income saw a sharp YoY drop, but other business areas performed strongly. Income from insurance investments remained solid, and BNSF, its railroad subsidiary, also showed strong results despite a double digit YoY decline. Berkshire Hathaway Energy continues its growth, cementing its position in the utility sector with significant renewable energy ventures. For context, NextEra Energy (NEE), with a market capitalization of $160 billion, posted quarterly earnings around 10% higher. Berkshire's other controlled and non-controlled businesses contribute over $13 billion annually, underpinning its diversification and consistent earnings performance. This strength across segments underscores its formidable financial health. Market Context Currently, market valuations are elevated by historical standards. Excluding periods of earnings dips, market enthusiasm is exceptionally high, with the S&P 500 P/E ratio nearing 30x, approaching levels last seen in 1999. Buffett and Berkshire appear to view a 3% yield from such a P/E as unattractive, especially when bonds offer higher returns. The 2008 Playbook Berkshire's track record of effectively utilizing its cash reserves is notable. Excluding its insurance float, the company still holds $150 billion in cash. During the 2008 financial crisis, Berkshire leveraged its liquidity for strategic investments in companies like General Electric, Swiss Re, Dow Chemical, and Bank of America, as well as finalizing the full acquisition of BNSF in 2010. This proactive use of capital proved advantageous. The current strategic sale of assets suggests Berkshire is preparing for potential market downturns. Given high S&P 500 valuations, reallocating part of an S&P 500 position into Berkshire Hathaway could be wise, ensuring exposure to a cash-rich portfolio capable of seizing future opportunities. Meanwhile, Berkshire’s earnings are valued lower than the broader market, potentially minimizing major downturn risks. Investment Risks A key risk is that timing the market is inherently challenging, with the adage "time in the market beats timing the market" serving as a caution. If Berkshire's market outlook is incorrect, its $300+ billion in cash could underperform while broader markets remain strong, which would diminish its appeal as an investment. Final Thoughts Berkshire Hathaway has taken the bold step of liquidating some of its most significant and priciest holdings, opting to incur capital gains taxes to increase liquidity. This move has bolstered its cash position to $325 billion, $150 billion above its float level. Meanwhile, its strong operational businesses continue generating healthy cash flow. Drawing on its successful strategies during the 2008 crisis, Berkshire appears to be positioning itself for another downturn amid current high market valuations. We advise investors to consider shifting part of their S&P 500 exposure into Berkshire Hathaway for enhanced diversification and potential benefits in a market correction, long story short Berkshire Hathaway remains a robust investment opportunity but wont make millionaire! What do you think moonypto fam?
NYSE:BRK.A
by moonypto