NASDAQ:SMCI 📈 Super Micro Computer NASDAQ:SMCI has taken a significant hit, dropping more than 8% following serious allegations from hindenburg research, a financial research firm specializing in investigating and exposing potential financial fraud, according to their three month investigation, there are major red flags in NASDAQ:SMCI accounting practices,...
🍎Apple 🍎 Apple never stops amazing us, they recently announced their new iPhone, which includes "Apple Intelligence," a collaboration with chatgpt to integrate AI in a unique way, additionally, this iPhone will feature the new A18 Pro processor, which will be exclusive to this model and available for upgrade on the iPhone 15. 📱 Over the past five years, we’ve...
🍎Apple 🍎 Apple never stops amazing us, just when we thought they couldn't top themselves, they launch a new update that captivates us and makes us want to get our hands on it right away, they recently announced their new iPhone, which includes "Apple Intelligence," a collaboration with chatgpt to integrate AI in a unique way, additionally, this iPhone will...
Fibonacci 📐 One of my favorite tools for making buy or sell decisions in the markets is Fibonacci, as it highlights key levels that are very difficult to spot just by looking at the chart without it. 🧮 What’s most impressive is how the price reacts strongly when it hits these key levels, remember, fibonacci is based on a numerical pattern where each number is...
If we look at ETFs like QQQ, we can notice price breaks between sessions, let's see where these interruptions occur. First interruption this is a gap of $1.50, which represents an increase of approximately 2.6%, from $59 to $60. Second interruption occurs between $63 and $66, which implies an increase of 3.5%. On the chart, we can also observe a bullish channel...
INTEL 📉 Intel's most recent drop, reported on August 1, 2024, was due to troubling announcements the company revealed layoffs, dividend cuts, and a challenging recovery plan meanwhile, AMD continues to gain ground, increasing its revenue and capitalizing on Intel's mistakes. 💸 Years of poor management, technological setbacks, and lack of innovation have reached...
Penny Stocks and the “Pump and Dump” Pattern 📚 Penny stocks are shares that trade at a very low price, generally below $5 per share. 📖 These stocks belong to companies with a small market capitalization, meaning the total value of all their shares in the market is relatively small. 📊 The “Pump and Dump” is a common pattern in the penny stock market where stock...