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Alikze »» FET | Bearish Flag🔍 Technical analysis: Bearish Flag - In the analysis presented in the weekly Time, after a corrective trend up to the major ceiling area, it encountered demand, which led to a growth of more than 80%. - Currently, in the 4H time frame in an ascending channel, in the middle area of ​​the channel, as you can see in the chart, a bearish flag has been formed. - Therefore, due to the failure of the supply zone, which is also recorded as a rejection candle, it can have a correction to the origin of movement after exiting the short-term ascending channel or the flag as high as the previous leg. 💎 Alternative scenario: In addition, if it can stabilize above the supply zone, the bearish flag pattern will be invalidated and it can continue up to the top of the growth channel. 🛑 Resistance: 1.172 🟢 Support: 0.78 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:FETUSDT
Short
by alikze
Nvidia Stock Soars On Blowout GuidanceSoaring 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 end of July, more than 50 per cent ahead of the 7.2bn dollar analysts had been expecting and confirming its position as the biggest short-term beneficiary of the AI race that has broken out in the technology industry. The forecast fuelled a 27 per cent leap in Nvidia’s shares, which had already more than doubled since the start of the year, and lifted its stock market value to a record 960 bn dollar. Jensen Huang, chief executive, said the company was “significantly increasing our supply to meet surging demand” for its entire family of data centre chips, including the H100, a product launched this year that was designed to handle the demands of so-called large language models such as OpenAI’s GPT4. The race in the tech industry to develop larger AI models has led some customers to worry privately about a shortage of H100 chips, which only went on sale earlier this year. However, Nvidia’s $4.28bn in sales to data centre customers in its latest quarter topped even the most optimistic analysts’ forecasts, and the company said there had been strong sales of both the H100 and its A100 chips, based on its previous chip architecture. Nvidia’s forecast noted a potential doubling of sales to data centre customers in three months, even though data centre sales were running at an annualised rate of $17bn in the opening quarter of this year. Growth is coming from customers across the board, Kress said, with consumer internet companies, cloud computing providers and enterprise customers all rushing to apply the generative AI to their businesses. The bullish forecast came as Nvidia reported revenue and earnings in its latest quarter, to the end of April, had also topped forecasts, thanks to a jump in sales to data centre customers as demand for AI took off. Revenue reached $7.19bn, up 19 per cent from the preceding three months but down 13 per cent from the year before, as sales of chips for gaming systems dropped. Earnings per share rose 22 per cent from a year before to 82 cents, or $1.09 on the pro forma basis Wall Street judges the company. The consensus view on Wall Street had been for revenue of $6.52bn and pro forma earnings of 92 cents a share. now let's delve into the numbers. Nvidia's different business units did not all perform equally well during the quarter - which can be expected, of course. Nvidia's data center business grossed revenues of $4.3 billion during the first quarter, which represents a new record high. Data center demand is not very cyclical, and companies kept investing in new equipment despite a potential recession being on the horizon. This can be explained by the fact that data centers are mission critical for many companies, so they don't really have a lot of choice when it comes to allocating capital to this space. Strong data center sales also have been seen in the results of other chip companies such as Advanced Micro Devices (AMD). Both Nvidia and AMD also were able to benefit from the weak performance of their competitor Intel (INTC), as Intel has been losing market share in the data center space in recent quarters due to self-inflicted problems and an unconvincing product line-up. Nvidia is a major graphic chip or GPU player and is thus heavily impacted by the performance of related end markets. This includes both cryptocurrency mining and gaming. While some cryptocurrencies can't be mined with GPUs economically, such as Bitcoin, others, such as Ethereum, can be mined with GPUs. Ethereum moved from a proof-of-work model to a proof-of-stake model in the fall of 2022, but some miners still use GPUs for Ethereum mining. Not surprisingly, Nvidia's sales to this end market depend on the price for cryptocurrencies - when cryptocurrencies are expensive, miners are more eager to acquire additional GPUs and they may also be willing to pay high prices for them. During times when cryptocurrencies are less expensive, mining is less profitable, and GPU demand from cryptocurrency miners wanes. This has had an impact on Nvidia's sales in the past and likely played a role in Nvidia's Q1 sales as well. GPU sales have been under pressure in recent quarters due to lower demand by gamers as well. Many that like to play video games upgraded their hardware during the lockdown phase of the pandemic when staying at home meant that consumers had more time for video games. With many gamers having relatively new equipment, demand has declined in the recent past. At the same time, inflation pressures consumers' ability to spend on discretionary goods. On top of that, some consumers prefer to spend their money on experiences over things now as there are no lockdowns or travel restrictions in place any longer. All in all, this has resulted in a difficult macro environment for Nvidia's gaming business. Combined, the headwinds for the gaming market and the cryptocurrency market explain why Nvidia's sales and profits kept declining during the most recent quarter, relative to the results the company was able to generate one year earlier. The strong performance in the data center space was not enough to offset the headwinds Nvidia experienced in other areas. I personally going to take huge profit right now and wait for 250 $ levels
NASDAQ:NVDA
by moonypto
5
Fetch.ai (FET)A new AI innovation, ChatGPT, is taking the internet by storm. The new software has woken up writers and internet users to what is possible with well designed AI software. like any new technological breakthrough, market participants will benefit, even if from the speculatory crowd looking to place bets through investments. Fetch.Ai, the an open-source network giving access to a machine-learning ecosystem powered by the Fet token and is rapidly expanding its reach by enabling access within the Cosmos ecosystem. Fetch.ai price today is $0.17 with a 24hour trading volume of 110 million dollar. FET price is up 10% in the last 24 hours and 80% up since last month It founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence lab building an open, permissionless, decentralized machine learning network with a crypto economy. The Fetch.AI mainnet went live in Jan 2020. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global data network. The Fetch.AI model is rooted in use cases like optimizing DeFi trading services, transportation networks (parking, micro-mobility), smart energy grids, travel.. essentially any complex digital system that relies on large scale datasets. If Fet breaks 0.2 resistance then 0.23, 0.25 and 0.29$ are next targets but if history repeat itself then August 2020 scenario can be possible too (0.07-0.1 is a dip for fet)
Long
by moonypto
22
TARS AI (TAI) cryptocurrency - Solana’s AI InfrastructureTARS AI (TAI) is gaining attention for its innovative approach to integrating artificial intelligence (AI) with blockchain technology. TARS AI serves as an AI infrastructure layer for all applications built on the Solana blockchain. It is designed to facilitate the training of AI models, monetization of data, and access to powerful Graphics Processing Units (GPUs). This modular AI ecosystem is backed by the Solana Foundation, which enhances its credibility and potential for growth. One of the key factors driving TARS AI's bullish outlook is its collaboration with Google. Developers have announced plans to launch four new AI products in partnership with the tech giant within the next 30 to 60 days. This collaboration comes after TARS AI was accepted into Google’s Startup Program, which supports promising startups, further solidifying TAI's position in the AI landscape. TARS AI has established a $2 million ecosystem fund aimed at supporting developers within its network. This initiative is part of a broader strategy to bridge the gap between AI and Web3 technologies, positioning TARS as a leader in the AI blockchain sector. TARS AI is not just another cryptocurrency; it aims to create a comprehensive AI ecosystem that allows users to train AI models quickly and cost-effectively. The platform is designed to support various applications, including data monetization and decentralized governance through AI-powered tools. With its focus on scalability and integration with Solana's robust infrastructure, TARS AI is well-positioned to capitalize on the growing demand for AI solutions in the blockchain space In conclusion, TARS AI represents a compelling investment opportunity within the cryptocurrency market. Its innovative approach, strategic partnerships, and strong market performance make it a noteworthy contender in the rapidly evolving landscape of AI and blockchain technology. As the Solana ecosystem continues to thrive, TARS AI is poised to play a pivotal role in the future of decentralized AI applications.
Long
by BuySellMarketMaker
1
Palantir: A Star Poised to AscendIn the world of cutting-edge technology, Palantir stands out as a beacon of innovation and transformative power. Its revolutionary software platform, Foundry, has revolutionized the way organizations harness the power of data to drive meaningful insights, enhance decision-making, and optimize operations. As the demand for data-driven solutions continues to surge, Palantir is poised to become an indispensable force shaping the future of business and society. Palantir's exceptional growth trajectory and expanding client base speak volumes about its transformative potential. The company's expanding reach across industries, from government and defense to healthcare and finance, underscores its ability to address a wide range of critical challenges. Palantir's commitment to innovation and its ability to adapt to evolving market needs further solidify its position as a leader in the data intelligence space. As Palantir continues to scale, its stock is set to soar, reflecting the immense value it delivers to its clients and the profound impact it has on the world. Investors who recognize the company's transformative potential are well-positioned to reap significant rewards from Palantir's meteoric ascent.
PLong
by SabahEquityResearch
6
IOUSDT - A Prime Opportunity for Long Term Gains.After a significant correction, IOUSDT is making efforts to reclaim its previous major support level. This is often a positive sign, indicating that the market may be stabilizing and setting the stage for a potential upward move. IOUSDT is part of a significant GPU project, which adds to its appeal and long-term potential.For those looking to invest, this could be an opportunity to buy IOUSDT and hold it for the long term. Given the project’s potential and current market conditions, long-term holding may yield substantial returns IOUSDT (1D Chart) Technical analysis IOUSDT (1D Chart) Currently trading at $3.4 Buy level: Above $3.5 (Buy after breakout) Stop loss: Below $3 TP1: $3.8 TP2: $4.3 TP3: $5.5 TP4: $6.5 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
FET - Bouncing back from the support zoneBINANCE:FETUSDT (1D CHART) Technical Analysis Update FET is currently trading at $1.29 and showing overall bullish sentiment. The price has hit the support zone and held strong. We are seeing a clear bounce back from the support, which is a bullish sign and a good opportunity for a long trade. Entry level: $ 1.303 Stop Loss Level: $ 0.910 TakeProfit 1: $ 1.487 TakeProfit 2: $ 1.644 TakeProfit 3: $ 1.876 TakeProfit 4: $ 2.329 TakeProfit 5: $ 3.336 Max Leverage: 3x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
KLCI.Who/what made Malaysia's economic will boom again? 8/8/24KLCI / FBMKLCI index will hit reach ATH toward 2200 by 2026? What and who "make it" happen? Robberly it's the A.I, Chips sector. And what Make Malaysia as a "hub" of A.I Data Centre? Compare to STI (Singapore) and SET (Thailand) Chart. FBMKLCI chart almost identical! = It probably meant not because who was PM of Malaysia during 80s "making" Malaysia's GDP grow higher! It's "Cycle Trend/ circumstances?!!". AND. The "Cycle Trend/ Circumstances" was "created" by its millions of citizens! as "weather!" not just because 1 person! P/s. AND Most politicians are "good opportunist" they know how to "grab" the "cycle/Trend"!.
FTSEMYX:FBMKLCILong
by SteveTan
AIUSDT.4HAnalyzing the AI/USDT pair on the 4-hour timeframe, I've noticed several critical technical factors that need attention. Firstly, the Ichimoku indicator has failed, indicating a potential need to reapply or adjust it for clearer insights. From the chart, the Relative Strength Index (RSI) stands at 42.41, suggesting that the price is neither in the oversold nor the overbought territory. This positioning shows a somewhat neutral market sentiment, but the trend leans slightly bearish given the position below the midline of 50. The Moving Average Convergence Divergence (MACD) presents a converging scenario where the MACD line is very close to the signal line, indicating a potential change in momentum. The MACD histogram shows minimal separation between the two lines, emphasizing this close convergence and suggesting a possible upcoming trend reversal or stabilization. Price action has recently breached a support level, now turning it into resistance (R1 at $0.652). The current price is testing support at $0.360 (S1). If this support holds, we might anticipate a corrective rally towards R1. However, a failure to hold above S1 could lead to further declines, potentially seeking lower support levels. The chart shows a potential scenario where the price could bounce back to test R1, marked by the green arrows. This recovery would depend on positive market sentiment and increased buying pressure. However, given the current market conditions and indicators, traders should remain cautious and consider setting tight stop-losses to manage risks effectively. In conclusion, the AI/USDT pair is at a critical juncture. The market shows potential for a recovery, but it's essential to monitor closely for any signs of a confirmed reversal or further decline. My strategy would involve watching for a solid close above S1 and a potential retest of R1, keeping an eye on the MACD and RSI for confirmation of momentum changes.
by MarsSignals
$NVDA top in. Bottom between $25-40As you can see from the chart, NASDAQ:NVDA formed a double top at the highs and has started it's bear market. I think from here we're going to see a move down that goes lower than what most people expect will happen. I've seen a lot of people sharing that they want to bid the $72 region, which would make sense if this was a normal correction, however, I think this is a larger market wide panic and that price will go lower than what most people expect. I think price is likely to hit the target in the bottom box by the end of 2025. Let's see what happens over the coming months.
NASDAQ:NVDAShort
by benjihyam
21
Nvidia is down 14% in Monday's Trading Entering Acquisition ZoneNvidia, a leading player in the semiconductor and AI sectors, has been making waves in 2024 with a series of strategic acquisitions. Despite facing increasing regulatory scrutiny and a cooling trend in AI mergers and acquisitions (M&A), the company is positioning itself for what could be its most acquisitive year yet. However, Nvidia's aggressive expansion strategy has not come without its challenges, reflected in its recent stock performance. Nvidia's Acquisition Strategy in 2024 As of mid-2024, Nvidia ( NASDAQ:NVDA ) has announced four acquisition deals, matching its total for the entire year of 2020. This activity underscores the company's commitment to bolstering its capabilities and expanding its influence in the AI and semiconductor industries. Some of the notable acquisitions include: 1. Run:ai: In April, Nvidia agreed to acquire this Israeli firm known for its technology that enhances GPU efficiency. However, the deal has yet to close due to regulatory scrutiny from the U.S. Department of Justice (DOJ). 2. Deci AI: Another Israeli startup, Deci AI, was acquired in May for $300 million. Deci AI provides tools for developers to build AI models, further strengthening Nvidia's position in the AI ecosystem. These acquisitions highlight Nvidia's strategy to integrate advanced technologies and enhance its product offerings, especially in the AI domain. However, the company’s rapid expansion has attracted the attention of regulators. Regulatory Hurdles and Market Reactions Nvidia's acquisition spree is occurring under the watchful eyes of regulators. The DOJ and the Federal Trade Commission (FTC) are investigating Nvidia, along with Microsoft and OpenAI, for potential antitrust violations. This scrutiny has delayed some of Nvidia's deals, including the acquisition of Run:ai, reflecting broader concerns about market concentration in the rapidly growing AI sector. The regulatory environment is becoming increasingly challenging for large tech companies. Nvidia's past experience with regulatory interference is notable, particularly the failed $40 billion acquisition of ARM from SoftBank in 2020, which was terminated in February 2022 due to regulatory hurdles. This history underscores the complexities and risks associated with large-scale acquisitions in the tech industry. Market Performance and Investor Sentiment Amid these regulatory challenges, Nvidia's stock has experienced significant volatility. Recently, Nvidia shares plummeted 14% in Monday's trading session, marking a substantial decline that brought the stock price to sub-$100 levels. This drop is part of a broader trend affecting the semiconductor sector, with other major players like Advanced Micro Devices (AMD) and Intel also seeing substantial declines. The market reaction reflects investor concerns over regulatory risks and the overall health of the tech sector. The semiconductor industry is particularly sensitive to geopolitical tensions, trade policies, and macroeconomic factors, all of which have contributed to recent market volatility. Opportunities and Risks Despite these challenges, Nvidia remains a powerhouse in the AI and semiconductor industries. The company's acquisitions aim to enhance its technological capabilities and maintain its competitive edge. For instance, the integration of Run:ai's technology could significantly improve GPU efficiency, while Deci AI's tools could streamline the development of AI models, both of which are crucial for Nvidia's growth strategy. Technical Outlook At present, Nvidia stock ( NASDAQ:NVDA ) has declined by 10.61% and is trading above both the 50-day and 100-day Moving Averages (MAs). The stock's Relative Strength Index (RSI) stands at 34, placing it within the oversold territory. Concurrently, the broader stock indexes and the cryptocurrency market are undergoing a downturn, with Bitcoin ( CRYPTOCAP:BTC ) plummeting to $50k, underscoring the market's volatility. This situation has resulted in a 1 billion-dollar liquidation of trades today. Prior to engaging in any stock transactions today, it is prudent to conduct a comprehensive risk assessment as the Moving Average Convergence Divergence (MACD) has decreased by -2.29, indicating a pronounced bearish divergence. Conclusion Nvidia's aggressive acquisition strategy in 2024 reflects its ambition to dominate the AI and semiconductor sectors. While the company is navigating a complex regulatory environment and market volatility, its recent deals highlight its commitment to innovation and growth. Investors and industry observers will be closely watching Nvidia's next moves, especially as it approaches its earnings announcement on August 28. Despite the challenges, Nvidia's strategic acquisitions and technological advancements position it well for future opportunities in the dynamic and competitive tech landscape.
NASDAQ:NVDA
by DEXWireNews
2
Is MSFT Stock A Buy, Sell, or Hold?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) - two achievements not necessarily typically seen under difficult economic circumstances. MSFT generated $8.64 billion of that operating income from its productivity and business processes segment, which houses its Office 365 product suite among others. As to be expected, LinkedIn revenue growth came in light at just 8%, a reflection of lower hiring demand. MSFT generated another $9.4 billion in operating income from its intelligent cloud segment. Azure grew at a 27% clip, far surpassing the 16% growth seen at competitor Amazon Web Services Investors have been cautious on the ever-valuable cloud business ever since the cloud titans all revealed cloud optimization efforts undertaken by its customers. On the conference call, management implied that they may see easing headwinds as they pass the anniversary of those optimization efforts, stating that “at some point, workloads just can't be optimized much further.” It is possible that MSFT’s partnership with ChatGPT’s creator OpenAI has something to do with that, as management noted that while they do not consolidate any operating losses due to them holding a minority equity interest, they do indeed recognize revenues generated from OpenAI using their cloud services. The other cloud titans did not offer the same bullish commentary surrounding the end of cloud optimization. MSFT continued to see headwinds from its more personal computing segment, which saw revenues decline by 9% though still managed to generate $4.24 billion in operating income. At some point the comps should become easier here, but that may still be a couple of quarters away. MSFT ended the quarter with $104.5 billion in cash versus $48.2 billion in debt. I note that the company also has another $9.4 billion in equity investments (the announced $10 billion investment in OpenAI is set to take place in parts throughout the year). The company continues to pay a growing dividend and conducted $5.5 billion in share repurchases in the quarter. It is not too often that one can get long term innovation and have the majority of free cash flow returned to shareholders as well. Looking ahead, management has noted that overall growth may struggle due to the prior year’s quarter being a tough comp, with that being their “largest commercial bookings quarter ever with a material volume of large multiyear commitments.” Management did, however, guide for up to 27% in Azure growth, which seems to imply that the bottom for that segment may be very near if not already passed. Investors may be worried about how ongoing tech layoffs may impact Office 365 growth, but management appeared unfazed by this risk, citing that they continue to see strong demand for their product suites. MSFT continues to show why it is a favorite tech stock in growth allocations, as it has shown resilient growth in the face of tough macro. The strong fundamentals have helped the stock sustain a premium valuation multiple, as the stock recently traded hands at just under 35x earnings. Valuation remains the most obvious risk with that stock trading something between 50% and 100% higher than GOOGL depending on how many adjustments applied to the latter. With the stock trading so richly on present earnings, the stock could go nowhere for 7-10 years and still be trading at around 15x earnings at that time. Unless MSFT manages to sustain double-digit earnings longer than consensus, the stock will likely need to sustain a rich multiple in order to beat the market index. I note that this risk does not appear as large at the aforementioned mega-cap peers due to not just lower valuations but also due to MSFT appearing to already be operationally efficient with operating margins in excess of 40%. Another risk is that of potential disruption to its enterprise tech business. Wall Street appears to view the stock as being the strongest operator in any of its competing markets, but I do not share such views. In particular, I view competition from the likes of CrowdStrike (CRWD),and GOOGL’s productivity suite as being underestimated risks. It is possible that MSFT is about to face long- term disruption just as its growth story is decelerating - which would have a catastrophic impact on multiples. Due to the near term upside from OpenAI, MSFT hit ATH and now its in pullback mode, I took huge profit and waiting for more confirmation
NASDAQ:MSFT
by moonypto
2
C3.AI This Golden Cross is preparing something big.It's been almost 3 months since we last looked into C3.ai (AI) where (May 10, see chart below) we called for a but that easily hit its 29.00 Target: The price rose even higher but now finds itself considerably lower (as with the rest of the market) within the long-term Channel Down. Last month though, the stock formed its first 1D Golden Cross since February 23 2023, which may be an early indication of a bullish break-out. That early 2023 (Jan - Apr) fractal shows that after the post-1D Golden Cross peak, the correction that was completed on the 0.5 Fibonacci retracement level gave way to a strong rebound towards the 1.5 Fib extension. As a result, our medium-term Target on this is $42.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:AI
by TradingShot
1
Nvidia Adds $330 Billion in a Single DayNvidia's stock valuation skyrocketed, adding $330 billion in a single day, surpassing its prior record gain of $277 billion. This increase was fueled by Microsoft announcing a 60% increase in AI spending for 2024, totaling $69 billion. Consequently, Nvidia's stock price surged nearly 13%, elevating its market cap to $2.88 trillion and making it the third-most valuable company globally, behind Apple and Microsoft. Despite this record-setting performance, Nvidia faced a tumultuous July, with its stock price decreasing by 16% throughout the month, closing down 5% despite a partial recovery. This decline reflected broader market volatility, as seen in the Nasdaq’s 1.5% drop. On Tuesday, Nvidia's shares dipped 7%, testing the crucial $100 support level. However, the positive response to Microsoft's investment suggests Nvidia might maintain its momentum above this critical threshold. Last month, the stock hit multiple highs, peaking at $140 on June 20, indicating strong market confidence. For Nvidia to surpass this record high, its stock would need an additional 20% gain. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
NASDAQ:NVDALong
by Sublime_Trading
ZOOM: $66 | From Video to an Ai Assistant somehowwe all know zoom DOMINATED during the the COVID Breakout yet when the Vaccine was rolled out by WHO and Fauci it discounted quickly to rollback to where it came from Google Meeting is killing it Microsoft meeting is getting a piece of the pie the ai angle in zoom iQ may take a while for ENTERPRISE players to digest to put it simply its a business to business model that reminds me of Business INtelligence of Msoft or EXECUTIVE DASHBOARD appls back in 2005ish it's a different flavor of BARD or HER that Robot Assistant movie needs a great PACKAGER to roll this out if this pans out.. this can be YUUUUGE! ZOOM iQ = a glorified Executive Assistant that summarizes meetings.
NASDAQ:ZM
by senyor
4