I believe UAMY is ready for another run up now. According to SimplyWall.St, UAMY earnings are forecast to grow 158.07% per year and has had a very volitile past months compared to the US market. SimplyWall.St is a website I just discovered yesterday and I am glad to share it with everyone. It has a lot on a stocks fundamentals, going over risks and rewards, is...
BigBear.ai (Ticker: BBAI) has recently demonstrated notable price movement, fueled in part by its recent collaboration with Proof Labs, as highlighted in a Yahoo Finance article. Below is a breakdown of the technical and fundamental aspects of BBAI's current market positioning: __________ 1. Recent Price Action Price Spike and Correction: BBAI spiked to a high...
Company Overview: - United States Antimony Corporation (UAMY) is a company focused on the mining, production, and sales of antimony and related products. They operate in various mining and processing activities, extracting antimony and producing antimony oxide, which is crucial for a wide range of industrial applications, including flame retardants, battery...
Canaan Inc. is a leading provider of high-performance computing solutions and is primarily known for its focus on blockchain and artificial intelligence (AI). Below is a breakdown of the company’s profile, operations, and its role in the market. __________ Company Background Canaan Inc. (NASDAQ: CAN) is headquartered in China and operates at the forefront of the...
Key Observations on the Price Action (SPY): Trend and Price Context: - SPY is trading near its all-time high of $607.88, with the post-market price at $607.84. While price action remains bullish overall, the grey MACD histogram suggests bearish momentum is building, indicating potential weakness or divergence. Support and Resistance: - The white horizontal...
I just now came across these two start ups working on EVTOLs (Electric vertical take-off and landing). One is ACHR (Archer Aviation - Archer Aviation ) backed up by $1 billion dollars from United Airlines, the second being JOBY (Joby Aviation - Joby Aviation ) Backed up by $400 million from Toyota and $60 Million from Delta Airlines. I wanted to see others...
Ticker: SOUN (SoundHound AI, Inc.) Current Price: $4.04 Analysis: Support Zone and Historical Context: SOUN is currently within a potential support zone, outlined by a purple rectangle from $3.75 to $4.35. This zone has been historically significant, previously acting as both support and resistance levels. Notably, a breakout from this zone led to a high of...
Ticker: INTC (Intel Corporation) Current Price: $36.49 Support and Resistance Zones: INTC is currently showing signs of bouncing off a crucial support zone, delineated by a purple rectangle spanning from $35.50 to $37. This area has historically attracted buying interest and is pivotal for the stock's current movement. Looking ahead, we have identified a...
Ticker: SOUN (SoundHound AI, Inc.) Current Price: $4.39 Technical Analysis: - RSI Observation: The RSI (grey line on custom indicator) is currently at 32.79 on the 4-hour chart, approaching oversold territory. This aligns with the increase in the 1-hour RSI from 25.50 to 34.44, suggesting a building momentum for a potential reversal. Support and Resistance...
Ticker: AMD (Advanced Micro Devices) Current Price: $163.26 Technical Analysis: - RSI Observation: The RSI (grey line on custom indicator) is currently at 35.08, indicating oversold conditions. Notably, there is a bullish RSI divergence (yellow lines on chart) with the price, suggesting a potential reversal to the upside. Support and Resistance Zones: - Support...
Ticker: TSM (Taiwan Semiconductor Manufacturing Company) Current Price: $142.57 Technical Analysis: Potential Short-Term Bearish Signal Price Action Observation: TSM is currently trading at $142.57, with a possible double top formation identified around $147.40 (purple dotted line). This formation often signifies a potential reversal in the ongoing...
Hello traders, Today, we will conduct a technical analysis on Faraday Future Intelligent Electric Inc. (FFIE) based on the provided 4-hour chart. Let's explore the key indicators and patterns to identify potential trading opportunities. 1. Crossover Signals: The +DI (Positive Directional Indicator) has crossed above the -DI (Negative Directional Indicator),...
MULN, a prominent stock in the market, has experienced a significant surge in its price today. Starting at 10 cents, the stock quickly climbed to 17 cents during regular trading hours and continued its upward momentum, reaching 19 cents after hours. This dramatic price movement has caught the attention of traders and investors. Let's explore the factors behind...
Hello fellow traders, I would like to bring your attention to Nikola Corporation (NKLA) and the intriguing bullish potential it currently exhibits. In this post, I will outline a Fibonacci retracement analysis for NKLA, along with key take profit levels that could be considered for potential trade setups. Fibonacci Retracement Levels: - 0% - $0.54 - 0.382 -...
Hello Traders! Today, let's dive into Workhorse Group Inc. (WKHS). With a recent spike in volume and several bullish indicators aligning, WKHS seems to be attracting attention. Let's take a closer look at the technical analysis and key signals driving this potential trade. 📈 Price Action and Volume: WKHS is currently trading at $1.05, displaying an intriguing...
Introduction: Greetings traders! Today, I would like to share an analysis of Applied Digital (APLD), highlighting a potential breakout scenario. APLD is currently trading at $9.80, facing resistance on the daily chart between $10.50 and $11. Join me as we examine this horizontal channel and explore the possibility of a breakout, keeping in mind the need for a...
Does this look healthy to anyone else? Just did a look through on their website. They are voting on a proposal to increase shares of their stock. Not sure if it is a split or what. They are calling it Proposal 2. Other than that, this looks like a bounce from bottom if I've ever seen one. Let me know your thoughts. www.nikolamotor.com
In today's analysis, we will be focusing on the E-mini S&P 500 Futures (ES) and examining a recent spike that reached $4,300 on the 1-hour chart. As the market currently sits at $4,280, we'll explore the possibility of a pullback towards the Fibonacci retracement zone, specifically the 0.618 and 0.50 levels at $4,230 (Location A) and $4,210 (Location C)...