Price seems to be trading in a wedge. If I were to back it with fundamental news and sentiment, there is short term upside to the price. Expecting positive earnings with lower loss ratio (since things are cooling off on COVID front when we make a comparison to last year)
Looking at a daily shows trend reversal around $70s since the inception.
I am overall long based on company's model and strong financials
Technical Analysis could be great for short term (weekly/biweekly swings)
Blade Battery tech is looking pretty good but is the price justified?
Looking forward to hearing your thoughts
Reference to Article on enhanced battery tech
www.nature.com
Buy Case :
Increase demand for mental health services COVID indirect impact.
New and Innovative way of tackling depression and other mental health disorders and mental issues.
Correction from the high and expecting little consolidation around the price points mentioned in the chart
Any ideas and comments are welcomed!
Thanks in advance!
Together, we stand strong!
Long term uptrend expected due to rising oil prices and increase in "Demand"
IMO Short term swing positions should be strategically long. However, caution must be paid to renewables' play as that will impact oil's price action, which in turn will impact CPG
Cloud, tech integration in all the sectors of the economy, increased adaptation of AI and businesses more focussed on digital KPI metrics Should spur growth which in turn will increase the revenues for this company.
With increasing demand for cloud computation and innovative ways of iimplementing and integrating the use of AI in the society should lead to higher revenues for companies like AMD and NVDA
