Lovely continuation pattern $1000 is going to be reclaimed today And with a potential 20% upside. Expect momentum to help push this thing to these projections. Best of Luck Make the most of the meltup!
From where we put a green arrow on the chart, a bullish diametric is formed. We now appear to be in the middle of wave E. Wave E of this diametric is a bullish wave. If the price returns to the green range, we will look for buy/long positions The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the...
NASDAQ:MRVL The Chip Designer Company is a must watch stock especially this week with the upcoming earnings report. This is my strategy: Using Bollinger Bands and Fibonacci Retracement, we see a consistent trade volume and slight increase in volatility as the price drops below the SMA and nears the lower band. The price is currently $76.68. We can expect...
AMD is experiencing a breakout from the falling wedge pattern, which is a bullish signal. Currently, the stock is above its immediate support zone and ended the last trading session with a bullish harami candle. Although sell pressure seems unlikely given the current levels, keep an eye on the medium-term support zone to reassess your trading strategy if...
AI The ubiquitous integration of artificial intelligence into our daily lives is steadily increasing, and the technology is impacting many industries and activities. One of the drivers of the AI field has been OpenAI, which has a variety of products such as GPT, ChatGPT, Sora, and DALL-E. AI is used in many industries, from personal assistants such as Siri and...
NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction. I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential...
Soaring demand for the chips needed to train the latest wave of generative artificial intelligence systems such as ChatGPT led Nvidia to issue a revenue forecast far ahead of Wall Street expectations, prompting a surge in its stock price in after market trading. The US chipmaker on Wednesday said it expected sales to reach 11bn dollar in the three months to the...
MSFT is one of the few tech stocks which trades close to all-time highs, seemingly oblivious to the brutal valuation reset that swept through the sector In the most recent quarter, MSFT delivered strong results when factoring in the tough macro environment. MSFT grew revenues by 7% (10% constant currency) and earnings per share by 10% (14% constant currency) -...
CCLD is shown on a daily chart with the only indicator being a volume profile. Horizontal lines are drawn from some prominent pivots. As a microcap CCLD has more volatility than the big name IT/AI stock. It also has upside as it is currently priced at 15% of the all time highs in 2021. The initial target is 3.5 based on the low volume consolidations of the...
NASDAQ:TSLA I had an alert set on the Area of Resistance Line on this chart. It triggered this morning and I have taken a ½ size position in anticipation of that becoming support. I do not know if it will play out that way so I have a stop under the 50 DMA (red) which would a 4% position risk. Should it move up and over the resistance area I will look to add. All...
Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. AI appears to be forming a bull flag pattern in the 4-hour timeframe. A breakout from this pattern could signal a significant price increase. Once it breaks out from the flag, we can expect a good 40-50% upside move. Accumulate in the green...
Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in...
Ladies and Gentlemen, Today, we stand on the brink of a remarkable transformation, driven by a company that has redefined itself with vision and resilience. That company is BlackBerry. Once known for its iconic smartphones, BlackBerry has boldly transitioned into new territories, emerging as a leader in cybersecurity, the Internet of Things (IoT), and advanced...
1. Price Trends : Over the past 24 hours, the OKX:TURBOUSDT Token has seen a significant price increase of > 25%. This suggests a strong bullish sentiment in the short term. Over the last week, the price has risen by > 45%, indicating a positive trend over the past few days. 2. Trading Volume : The 24-hour trading volume for OKX:TURBOUSDT is > $30 Million...
Tesla seems to have completed its corrective wave (2) and to have started its wave (3) with a short term target in the $235 area. A break above $235 would validate the exit of the large triangle formation and opens further up moves towards the all time high. On the opposite side, a break below $160 would invalidate this view. ------ It's recent partnership...
Market Overview: Samsara NYSE:IOT is at the forefront of harnessing artificial intelligence (AI) to revolutionize its business operations. Through the utilization of cloud-based data analysis, Samsara efficiently processes vast amounts of sensor data, positioning itself to capitalize on the bullish trend in AI and offering promising opportunities for...
I wager #TECH is still the place to earn better gains going forward. It also doesn't carry the risk of #Financials and it is not dragged down by slow growth "stable" companies like utilities. Bleeding edge has always been the place to grow your money and with #AI manifesting itself for the next wave of user growth along with #CRYPTO you need exsposure to...
Akash bounced off the Fibonacci 0.5 level. The bullish trend is expected to continue and reach $6.15