RickHardyPro

RickHardyPro

The current situation at the company Palo Alto Networks reported robust financial results, with total revenue hitting $1.98 billion, a solid 15% year-over-year increase. Their Next-Generation Security (NGS) Annual Recurring Revenue (ARR) soared to approximately $4 billion, up 47% from the previous year. These numbers underscore Palo Alto Networks' strong...

RickHardyPro

AI has been the narrative for the past year and a half, however, AI needs data centers and computing power. This means shit loads of energy is required for the ever-expanding Artificial intelligence. The biggest winner, so far, from this, has been and will probably continue to be Vistra Corp and I will tell you why below. First, let’s take a look at who Vistra...

RickHardyPro

Current situation in the firm Goldman delivered a standout Q1 2024, with earnings per share (EPS) hitting $11.58, substantially above the consensus estimate by 35.6%. The firm's revenues for the quarter reached $14.21 billion, marking a 16.3% increase year-over-year. The company reached a record $2.8 trillion in assets under management (AUM) and a long-term net...

RickHardyPro

After finding a bottom at the end of 2022, the price shifted into a bullish intermediate trend. Since then there have been two waves of higher lows and higher highs playing out in almost the same timeframe and each wave was with a diminishing magnitude than the previous one. In continuation of the pattern I expect the next wave to be of a lesser move and a high...

RickHardyPro

Technicals: Marriott is showing promising signs, with a pivot point set at 238. As long as it holds above this mark, I'm leaning towards a bullish outlook, anticipating further gains. However, if it slips below $238, we might see support levels at $231 and $227, so it's worth keeping an eye on those. Checking the indicators, the RSI is above 70, meaning either a...

RickHardyPro

Potential Pairs Trade setup: Long: 100 shares of AAL Short: 272 shares of JOBY Target would be 1-2$ of the spread

RickHardyPro

Hello guys, I am sharing with you my analysis of Google. I think the stock looks pretty cheap at the moment and it is forming a beautiful Double Bottom. This is further supported by a MACD Bullish cross and upward trending RSI, which is above the 50 line. Overall I think it has an appealing risk-to-reward opportunity. What do you think?

RickHardyPro

Hey guys, A Cup&Handle formation on the FMC. If the price breaks out I expect a move into the 140-150$. The fundamentals look strong and institutional investors are piling in. If you want to know more you can check my profile :) I am bullish from here. And what do you think ?

RickHardyPro

Weekly Timeframe After a challenging start to the year, the company's stock bottomed out at around 280$. This level was tested three times before the stock experienced a month-long rally. The bulls exhausted at around 350-360$ after which the price went on to make a higher low. There it formed a new demand zone and rallied again reaching 2-3 standard deviations...

RickHardyPro

Hey traders, My weekly trade idea. The daily price is forming a textbook Cup&Handle formation. After the consolidation in the handle phase, the price is ready to go higher. The momentum will push the price and in my opinion, it is headed to test the all-time high in the 180$ area. The Relative Strength Index broke above its trend line and is moving upward to...

RickHardyPro

This was an idea I did more than a week ago about Micron Technology . So far so good. I think after that textbook double bottom we are in for testing the high and see whether it will act as a resistance or are we going for the 60-70$ level. The fundamentals look okay, the company is heavily investing in R&D, so the outlook for 2023 is bright. I would love to...

RickHardyPro

Hello all, This is my price action analysis of VISA. Over the period of time, we can see Support and Resistance levels formed which have been tested a couple of times throughout the year. All this happening in a downtrend with each testing of the Resistance doing e lower high. In late September the price broke through the support level after which it formed a...