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Olaplex Holdings Inc. (NASDAQ: OLPX) - Overview and InvestmentCompany Overview Name: Olaplex Holdings Inc. Ticker: OLPX (NASDAQ) Industry: Haircare Founded: 2014 Products: Scientifically formulated haircare treatments for repairing and strengthening hair against chemical, thermal, and mechanical damage. Olaplex Holdings Inc. is a well-regarded company in the haircare industry, known for its patented products designed to repair damaged hair. Its products are used both in professional salon settings and by consumers globally. Olaplex’s innovative formulas have made it a preferred choice for haircare professionals and customers seeking reliable repair solutions. Recent Developments Upcoming Financial Results Olaplex will report its third-quarter fiscal 2024 financial results on November 7, 2024. This announcement is anticipated to provide deeper insights into Olaplex’s revenue, profitability, and future guidance. Investors will closely watch this report to assess the company’s financial health and growth trajectory. Source: Olaplex to Report Q3 Financial Results on November 7 Analyst Rating Recently, Telsey Advisory’s analyst Dana Telsey maintained a Hold rating on Olaplex with a price target of $3.00. This rating reflects a neutral outlook, suggesting that Olaplex’s current price is in line with the analyst’s valuation and growth expectations. Source: Telsey Advisory Reiterates Hold on Olaplex Interest from Michael Burry’s Hedge Fund Scion Asset Management, the hedge fund managed by prominent investor Michael Burry, has included Olaplex in its top 10 stock picks for 2025. This attention from a high-profile investor indicates that Olaplex may be seen as undervalued or positioned for potential growth, highlighting Burry’s confidence in the company’s business model or future potential. Source: Olaplex Among Michael Burry’s Top 10 Picks Stock Price Performance and Recent Chart Analysis The latest trading charts show that Olaplex Holdings Inc. has seen a significant fluctuation in its stock price, which is closely aligned with broader market movements and sector trends. Analysts and investors may look to recent volume and price action for insights into market sentiment. The upcoming earnings report could be a key catalyst affecting short-term stock movement. Future Price Prediction and Target Price According to recent analyses and expert projections, Olaplex’s current target price is set at approximately $3.00 by Telsey Advisory. This target reflects a conservative outlook, in line with the company's recent performance and potential challenges in maintaining rapid growth within the competitive haircare sector. Investment Outlook Bullish Indicators Strategic Position in Haircare Market: Olaplex’s reputation for innovative and effective hair repair solutions gives it an edge within a niche yet growing sector. Institutional Interest: Interest from a high-profile hedge fund, such as Michael Burry's Scion Asset Management, suggests that Olaplex may be viewed as an undervalued opportunity with the potential for future appreciation. Bearish Indicators Neutral Analyst Sentiment: With a Hold rating and a modest target price of $3.00, analysts appear cautious regarding Olaplex's near-term potential, perhaps due to market competition or slowing growth. Upcoming Financial Results Uncertainty: The impending financial results announcement could either validate the company's current valuation or lead to increased volatility if performance fails to meet expectations. Overall Assessment On balance, while Olaplex benefits from brand strength and institutional interest, its immediate outlook appears moderate, with analysts expressing caution. The potential for growth may largely hinge on the November 7 earnings report and subsequent market reaction. Conclusion Based on the information gathered, Olaplex Holdings Inc. presents a mixed investment outlook. While the company is a leader in a unique market segment and has gained attention from prominent investors, analysts currently recommend a hold position. Investors may want to keep an eye on the upcoming earnings release, as it could provide key insights into Olaplex's financial health and growth strategy.
NASDAQ:OLPX
by Joekenstein7
Datasea Inc. (NASDAQ: DTSS) Stock AnalysisCompany Overview: Datasea Inc. operates within the technology sector, specializing in cybersecurity, smart city technology, and digital solutions that leverage big data and artificial intelligence. The industry holds significant potential, driven by growing global demand for advanced security and digital solutions, especially as cities and businesses increasingly adopt smart technologies. As smart city infrastructure expands and data security becomes a higher priority, Datasea's market is poised for potential growth. However, the company also faces strong competition from established technology giants and other players in cybersecurity. Latest Earnings and Forecast: While there are no recent detailed earnings figures available, Datasea is expected to benefit from increasing interest in digital and cybersecurity solutions. Forecasts suggest steady but modest growth as the company seeks to capitalize on emerging market opportunities. Investors are keenly watching for future earnings reports to see if Datasea can convert its technological advancements into financial gains. Recent Stock Trends and Capital Flow: Capital Flow (5-Day Trend): 10-25: Inflow of 11,651 Yuan. 10-28: No significant activity. 10-29: Outflow of 11,843 Yuan. 10-30: Inflow of 8,225 Yuan. 10-31: Inflow of 9,072 Yuan. 1-Day Summary: Inflow of 64,200 Yuan versus an outflow of 71,600 Yuan. The significant outflows in the recent sessions indicate potential profit-taking or caution among investors after recent gains. Support and Resistance Levels: Support Price: $2.01 (as of 2024-11-01) Resistance Price: $3.01 (as of 2024-11-01) Average Cost: $2.97 Current price sits around $2.42 (as of 2024-11-03), meaning it’s between support and resistance levels. If the stock breaks the resistance at $3.01, it could see further gains. However, falling below $2.01 would be a bearish signal. Analyst Insights: Target Price: One analyst has set a target price of $1.50, which indicates potential downside from the current price level of $2.42. Recommendation: The sole analyst covering DTSS has given a "buy" rating, suggesting cautious optimism but with a limited upside based on current target estimates. Recent News and Sentiment: There have been no specific recent news releases for Datasea Inc. that drastically affect the stock price. However, investor sentiment could be influenced by broader market factors affecting tech and cybersecurity stocks, such as cybersecurity threats, new government regulations, or large-scale cyberattacks that emphasize the need for improved digital infrastructure. Bullish Indicators: Growth in the cybersecurity and smart city sectors. Rising demand for digital transformation and advanced security in urban and corporate environments. Bearish Indicators: Modest target price from analysts relative to current levels. Capital outflow in recent sessions, possibly indicating investor caution. Outlook and Conclusion: Datasea Inc. shows potential within its niche in the digital and cybersecurity space, especially as urban centers increasingly adopt technology for smart infrastructure. The stock appears to have support around $2.01 and resistance at $3.01, with a cautious analyst outlook at a $1.50 target. Investors may view the stock as a speculative opportunity within the cybersecurity industry, but the limited analyst coverage and recent capital outflows suggest caution. Disclaimer: The above analysis is not investment advice. Stock prices fluctuate and investing in equities carries risks. It is recommended to conduct further independent research or consult a financial advisor before making any investment decisions.
NASDAQ:DTSSLong
by Joekenstein7
DJT - Parabolic Move IncomingPolitics aside, NASDAQ:DJT is about to begin the most insane of rallies. This chart for me is as clean as they come! Recent Price Action The last 2 days of October saw a ~45% correction, completing an Elliott Wave 2 correction. This after a bullish initial Wave 1 formation saw it go beyond even the most bullish of bullish initial price targets, in just 2 weeks flat. Price had prior to that been compressed inside a downwards-pointing wedge pattern (orange lines), since late March 2024. Over-shooting below it even, which is one of my most favourite bullish chart patterns. After breaking out of that, it is now not-only putting the finishing touches to an Inverse Head & Shoulder pattern (grey lines)... but when it does so it will also complete a massive Cup & Handle formation (white arrows). Future Price Targets The initial target (T1) from this move would be $570 (18x) in a very short period, perhaps even just 2 months. This would coincide with the 1.414 fibonacci level from the previous introduction of this stock (formerly DWAC) to public markets. Thereafter, an extended 5th wave target of $1,030 (33x) could be reached somewhere between early February and late May 2025. This coincides with the 1.618 fibonacci level (darker blue T2 line). Price as of today has back-tested the red horizontal line, in very quick fashion. This is the 0.382 fibonacci level. Next Up... Price may well end-up sideways on Monday and going into Tuesday's pivotal election day - which may allow the RSI to come back a little more to the mid 40s on this timeframe, to retest the RSI bull zone for support. From there I expect late Tuesday early Wednesday NASDAQ:DJT will have had a sufficient amount of time to cool-off - such that we can call the completion of a Wave 2 correction. Before the hugely exciting 3rd & 5th waves await us. Possible Elliott Waves Wave 1 - $12 to $55 Wave 2 - $55 to $30 Wave 3 - $30 to $570 Wave 4 - $570 to $140 Wave 5 - $140 to $1,030 Sounds ridiculous, right? Short squeeze, or election euphoria - call it what you want. But if you thought you'd seen NASDAQ:DJT volatility in recent days, think again. This is an incredible opportunity - with many many patterns aligning. NASDAQ:DJT has a lot of room to the upside still from here. Not sure this stock can any longer be suppressed.
NASDAQ:DJTLong
by DigiDavid
18
Palantir will move after earnings so hold tight ! As long as Palantir remains within the upward channel, it’s still in play! There’s an imbalance guiding the price, preventing it from dropping. We’ve seen the price attempt to go up twice already, so as long as Palantir stays within the channel and respects the imbalance, I’m quite confident it will make a third attempt to break the high. On the other hand... We have the earnings report coming up Monday pre-market, so whatever happens at the open, we’ll know which direction the price will take based on the report’s results. Keep a close eye on this! Best regards.
NYSE:PLTR
by RocketMike111
Nvidia So close to earnings report ! here is my analysis... In this chart, I haven't moved anything at all since my previous analysis of Nvidia. The price is making its natural movement just as we’ve been predicting. As you can see, the last candle closed by bouncing off my order block and following the pattern of my forecast arrow.(yellow dotted arrow) Based on the price behavior, we can predict that as it gets closer to November 20 — the earnings report date — it will simply be accumulating. Nvidia's last earnings reports have been phenomenal, and I don’t doubt that this report will be a trigger for the price to make a decision. But for now, we’ll only see the price in a range until a few days before the report, when we’ll see those high-volume candles that will drive the price in a single direction. Which direction? The one the report indicates. Best regards!
NASDAQ:NVDA
by RocketMike111
RIOT: moving stop loss upRIOT is at a spot where only a 3 waves sequence has completed. If abc move is the end of this sequence, then there is no reason for holding on at the moment. But in case a wave 5 is due, we might still be in for some good size gains. So, instead of completely getting out, I have taken profit at wave 3 and now have moved the stop loss up right below Thursday low. The whole thing can be part of a larger ABC pattern or if we have a full 5 waves up, then it might be start of a much larger wave 3 sequence. So, I will try to keep some skin in the game. Leave a bit that I can afford to lose completely and not lose any sleep over it...
NASDAQ:RIOT
by mukit1
4
MIRA - Ketamine Biotech Company with massive growth potential!Mira Pharmaceuticals Inc is a pre-clinical-stage pharmaceutical development company with two neuroscience programs targeting a broad range of neurologic and neuropsychiatric disorders. The company's novel oral pharmaceutical marijuana, MIRA-55, is under investigation for treating adult patients suffering from anxiety and cognitive decline, often associated with early-stage dementia. Float 9.96M Recent News from 29/10/2024: MIRA Pharmaceuticals' Formulated Shows Greater Efficacy Than FDA-Approved Drug For Chemo-Induced Neuropathic Pain "MIRA Pharmaceuticals (MIRA, Financial) shares soared by 40% after the company achieved a significant breakthrough in chemotherapy pain management with its new drug, Ketamir-2. According to recent studies, Ketamir-2 is proven to be 2% more effective than existing FDA-approved medications, specifically Gabapentin and Pregabalin, in alleviating chemotherapy-induced neuropathic pain. Preclinical studies have highlighted Ketamir-2's superior performance, demonstrating a 60% higher efficacy compared to Gabapentin and a remarkable 112% improvement over Pregabalin in various neuropathic models. Chronic neuropathic pain, in particular, which develops from nerve damage caused by chemotherapy or injury, has only Gabapentin and Pregabalin available as effective therapy now. Alas, such medications are not without their drawbacks, which include dizziness, impairment of cognitive function, and dependency inclusion. The market for both Gabapentin and Pregabalin is going to have healthy growth rates in the forecast period of 2020 to 2033, with Gabapentin reaching $4.95 Billion. Ketamir-2's superior performance in preclinical studies is coupled with fewer adverse side effects, presenting a potentially safer option for long-term pain management. This non-opioid alternative addresses the urgent need for treatments that minimize the risk of addiction. With its promising results, Ketamir-2 may soon qualify for FDA breakthrough therapy designation or fast-track status, especially for rare cancer-related neuropathic pains. In addition to ketamine-2, MIRA Pharmaceuticals is also active in developing MIRA-55, an oral agent with a similar mechanism as ketamine-2 used in the treatment of anxiety and cognitive symptoms in early dementia. With Ketamir-2 moving towards clinical trial and possibly receiving expedited approval by the FDA, it becomes a true light at the end of the tunnel for those suffering from chronic and severe pain." Overall Market Sentiment: It’s always crucial to consider overall market sentiment when making trading decisions. Breakout Zone: $2.60 - 2.65 Resistance Points: $3.30 $3.75 $4.15 $5.15 Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains. Trading Strategy: I see a cup and handle formation. Take Profit (TP): Set a target at $6.33. If FDA approval is granted, this stock has the potential to surge significantly, with a possible price target of $15.00 or even higher. Stop Loss (SL): Set at under $1.3 to mitigate potential losses. Chart Analysis: Please refer to the attached chart for detailed analysis of price trends and movements. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice.
NASDAQ:MIRALong
by meitshels_smell_trades
Little rally to trap everyone? Then were caught holding the bag?10-11 expiration for NVDA has way to much open interest at 120 - 130 levels. 118 looks more realistic. I think we can see a climb to 120-130 early in the week and a huge sell off to 118 to end the week. If this happens, it opens the door to max pain of 112 - 113 by 10/18. There are going to be so many traps this months and I think were all in the middle of one now. Inversely, my theory above could be a trap as well haha. If this is truly a blow off top, $149 -$150 is my absolute peak.
NASDAQ:NVDAShort
by LeapTrades
12
SMCI *Huge Update*I know my charts are not pretty and I look pretty stupid a lot of the times. BUT. I noticed something very strange with the time cycle charting tool. I was measuring the tops and bottoms to find out that the bottoming process on SMCI is scheduled to happen just before NVDA earnings. Meaning... if SMCI follows the cycle we will see a huge dump before the 22nd-23rd of May. Then, after all retail investors are shaken out and people fear the recession/earnings, it will rocket up to make one more all time high run :) High chance of being wrong but I love to share my ideas with you all! Let me know what you see and lets talk about it.
NASDAQ:SMCIShort
by LeapTrades
33
NVDA Consolidation PeriodAs a disclaimer, I am long on SPY with 2 call options for the 600 strike on the December monthly, as well as less than 100 shares of NVDA, NVDY, NVDX, and NVDS. I am expecting a spike in volatility TVC:VIX going into the election. NVDA's technicals show a strong engulfing bullish candle up through the 50ma and the downtrend line and now it has stopped at the 200MA and the next downtrend line. I think we will see it return to the 50MA. consolidate, and then if Trump wins (no politics please, I just expect a Trump victory to be a boom for the crypto space which would in turn boost demand for NVDA products) I would then expect this to continue much higher. It has been finishing some unfinished auctions it left behind in it's last bull run. IV rank has come down to bearish levels according to the VixFix model in ETH on H1. This suggests a move down in the immediate short term.
NASDAQ:NVDA
by StrawberryBlondie2
PLTR: Taking a fresh look. More bullish than before!PLTR chart has been bullish for a while and the recent price action looks very much like a wave 3 of some degree. This made me rethink my previous count that I was tracking as an expanding ending diagonal for wave 5 of c of various degrees of wave 5s to complete intermediate wave 1. But that started to look a bit unrealistic. Wave 5 was getting bigger than the 2x extension of waves 1 and 2. Taking a second look to terminate intermediate wave 1 at the March high. This gives us a very short and shallow intermediate wave 2 correction ending in May. This makes the rest of the price action pretty bullish, even though the minute degree wave 2 of Minor degree wave 1 came in very deep. Let's ignore that situation, as it was very quick correction, and price has moved very quickly and very far without any major dips since. And if this bullish count is correct, then price should not come down to orange line $33.13 until minute degree waves 3, 4 and 5 are complete. Price should hit a few all-time highs to around $60 area before we see a sizable dip. However, that dip should not violate the red line at $20.65. If all goes well, the huge wave 3 of 3 will start that should take the price to the moon. This count is wrong if price goes below $33.13 before the 5-wave minute degree sequence is complete. I will go back to my previous, now somewhat awkward looking count to end intermediate 1 brace for a much bigger wave 2.
NYSE:PLTRLong
by mukit1
Watch Movement Post Earnings. Strong bull for this stock as not only small caps have strength, but this company is rolling out there testosterone therapy and also has a cheap price tag. My targets are listed on the right hand side in bright pink. BUT, big but, if we lose this support there is nothing holding this thing up for a while until we reach previous support lines. I might be looking for a liquidity grab to the down side right after earnings and will watch for reversals. Manage risk please
NASDAQ:LFMDLong
by LeapTrades
Trump Media Stock Update: Short-Term Opportunity?It’s essential to understand that recent volatility in Trump Media’s stock price is driven more by speculation surrounding Donald Trump’s potential election win than by the company’s own financials, reports, or fundamentals. The stock, which once peaked at $175 even without Trump in office, reflects the anticipation tied to his election campaign. Should he win, it could potentially bring even higher valuations. Currently, the stock has tumbled from around $54 to $30, a price that many now consider cheap. This sharp decline of nearly 44% might create a short-term buying opportunity for those who anticipate a rebound.
NASDAQ:DJTLong
by Charts_M7M
Betting on $DOCS: A Technical Analysis Forecasting 8% GrowthNYSE:DOCS shows strong performance with a Relative Strength (RS) rating of 98. The On-Balance Volume (OBV) has been rising since October 1st, indicating ongoing buying interest. The stock is forming a bullish base along the trend line, supported by the 10-day and 20-day Exponential Moving Averages (EMAs). I predict an 8% rise in price and have set a stop loss at 3.4% to limit risk. This setup suggests a solid opportunity for growth. Let's proceed with this trade and assess the outcome
NYSE:DOCSLong
by GreenBkk