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Fundamental Analysis

NDX positive move for the next two days.Riding the Nasdaq Wave: Navigating Market Swells and Dips Let’s dive into the Nasdaq 100 Index. Flashback to a year ago, and you'll remember a 4.05% dip from December 28, 2023, to January 4, 2024. Technology stocks took a hit, shaken by rising interest rates. The market trembled under hawkish whispers from Federal Reserve officials, who hinted that rates might stay elevated to tame inflation. This stirred up volatility, causing a sell-off in high-growth tech stocks — notoriously sensitive to interest rate ripples. Fast forward to today, and we’re staring down a similar barrel: fewer interest rate cuts in 2025 and pesky inflation hanging around. Technically, the NDX boasts solid support at around 21,000. It would take some seriously bad macro-news to dip below the 50-day moving average. Expect some range trading between 21,000 and 22,000 this week. For traders, the game plan mirrors that of the S&P 500 Index. Pocket some profits during market highs and keep some cash handy for snagging better deals in 2025. Stay sharp, and ride the wave!
NASDAQ:NDX
by IrinaTK
Possible breakout push on Durable GoodsSeeing a quick rebound from the interest rate, I think the euro will continue its momentum thru the holiday season week ahead. Durable goods will be an important catalyst in this idea, for the euro to breakout the current downtrend, driven by economic uncertainty for the euro overall to see possible higher highs. I’m not getting comfortable with the euro, but it’s historically a decent week for a breakout. First published idea, any thoughts? Please share, newer trader.
Long
by Whale_Food
2
XRP in positive consolidationXRP is consolidating as it tests key support levels. I created a bullish wedge at the beginning of December, and XRP broke above and below the wedge. On December 18, XRP broke below the upward trendline, signaling a price correction or a consolidation period that might drag out longer than expected. The On Balance Volume (OBV) shows that XRP faces high buying pressure, signaling positive sentiment to push XRP to resistance levels. The Chaikin Money Flow (CMF) shows that XRP spiked in buying pressure today at 0.43 (OBV) above the zero line, locking in positions that will keep XRP in the fight to consolidate around a price average of $2.42.I posted a Fib Retracement to indicate a buying zone if XRP breaks below support levels. Fundamental analysis - In this idea, I'm looking at a more volume-based analysis for XRP because its exposure has been rocketing lately, bringing in new partnerships, institutions, and retail. The market has been bearish lately with its recent nose dive, but XRP looks to be handling it well. Resistance - $2.90 Support - $1.70 Chart - 12hr What will I be doing? Dollar-cost average. Fear and Greed Index (CoinMarketCap) - Neutral 59
BITSTAMP:XRPUSDLong
by LOWCO_487
3
$ATOM (Cosmos) predictionWhat is NASDAQ:ATOM , and why am I interested in this technology? They call themselves the "Internet of Blockchains," but in simpler terms, it's an SDK that makes it easier to create blockchains. So far, over 200 blockchains have been built using this SDK, including major players like CRYPTOCAP:INJ , LSE:TIA , and $FET. ### Why is this technology impressive? - **Unmatched Reliability:** With over $100B worth of tokens running on its ecosystem without crashes or downtime, it’s a performance few can match, except for Ethereum. - **Seamless Interoperability:** In a world where more and more Layer 1 blockchains are being created, NASDAQ:ATOM stands out for its ability to bridge blockchains, simplify staking, and enable smooth trading within its ecosystem—unlike blockchains that operate in isolation. ### Why hasn’t NASDAQ:ATOM performed well in 2024? After massive pumps in 2021 and 2022, it’s still in a recovery phase. However, the bottom appears to be in, and the charts suggest it’s gearing up for a move upward. I’ve marked a green box where I believe you can safely load up for a long position. DYOR!
Long
by CryptoNikkoid
2
HOVR - another "flying taxi" company - 8.4m investment achievedew Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter. Float: 15.813M Short % of Float: 4.34% Flying taxis have the potential to revolutionize urban mobility by reducing traffic congestion, cutting travel times, and providing sustainable, efficient transportation. The industry is rapidly growing, attracting major investments from big players, signaling a promising future for this innovative solution. Sympathy Plays: ACHR, JOBY, and EH have already seen significant run-ups, making them prominent in the sector. HOVR, however, could represent a delayed opportunity within this group, potentially offering upside as the broader flying taxi industry gains momentum. Recent News: Dec 20, 2024 Horizon Aircraft Has Received An Investment Of $8.4M From A Strategic Investor And Aerospace Supporter - Deepens Investor's Dedication to Horizon Aircraft Supporting Continued Operations and Development ~ TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- New Horizon Aircraft Ltd. (NASDAQ:HOVR), doing business as Horizon Aircraft ("Horizon Aircraft" or the "Company"), a leading hybrid electric Vertical TakeOff and Landing ("eVTOL") aircraft developer, announced today it has received an investment from a strategic investor (the "Investor") and aerospace supporter, for aggregate proceeds of $8.4 million (the "Investment"). The strategic financing will fortify Horizon Aircraft's balance sheet, provide stability in the operations, governance and regulatory priorities, and fund further development and flight testing of its hybrid eVTOL, the Cavorite X7. Overall Market Sentiment: It’s always crucial to consider overall market sentiment when making trading decisions. Trading Strategy: Entry: At recent price around $0.80 Breakout Zone: $1.10 - 1.30 Resistance Zones: $2.00 - 2.30 $2.80 $3.20 - 3.30 Surpassing these levels could signal a positive trend. Consider taking profits at these levels to realize gains. Risk/Money Management Take Profit (TP): Set the final target at $5.00 Stop Loss (SL): Set at under $0.40 to mitigate potential losses. Chart Analysis: Please refer to the attached chart for detailed analysis of price trends and movements. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice.
NASDAQ:HOVRLong
by meitshels_smell_trades
$SOLUSD BuyCOINBASE:SOLUSD Technical Analysis This chart suggests the price is in a corrective phase, with confluence around key Fibonacci levels. Divergences in RSI, Williams %R, and MACD support this corrective structure, while the Elliott Wave count indicates the potential for a strong rally in the next impulsive wave. Fundamental Analysis 1. Anticipation of Solana Spot ETFs: Following the successful launch of Bitcoin spot ETFs, there is growing speculation about the introduction of Solana-based ETFs. Such financial products would make SOL more accessible to traditional investors, potentially increasing demand and positively impacting its price. 2. Positive Technical Indicators: Analysts have observed bullish technical patterns in Solana's price charts, suggesting the potential for significant growth. For instance, the formation of a 'cup and handle' pattern indicates a possible upward breakout, with some projections estimating substantial price increases if this pattern holds. 3. Evolving Regulatory Environment: The recent approval of Bitcoin spot ETFs and a shift towards a more crypto-friendly regulatory stance in the U.S. have increased optimism for the approval of Solana-based ETFs. This regulatory shift could enhance Solana's legitimacy and attract a broader investor base. These developments contribute to a positive outlook for Solana, indicating potential for continued growth in the near future.
COINBASE:SOLUSDLong
by FairValueBuffet
1
Bitcoin will reach the $500,000 level if Trump remains aliveBitcoin will hit the $500,000 level during Trump's presidency. Trump has a clever strategy to revive the U.S. economy by shifting the burden of the dollar’s debt to cryptocurrencies and gradually distributing it through stablecoins like Tether and similar ones. This initiative gives the U.S. Treasury the ability to move unbacked dollars into the cryptocurrency network, indirectly transferring U.S. economic inflation to the global economy. As a result, the $36 trillion U.S. debt could be lifted off the shoulders of American citizens and distributed across the entire world. Only two factors could halt Bitcoin's rise to the $500,000 level. 1.The assassination of Trump, which is more likely than the assassination of John F. Kennedy. 2.A serious shock to economic foundations, such as the outbreak of a pandemic like COVID-19, or other severe shock-inducing actions targeting the foundations of the global economy with a comparable level of destruction. If these two threats do not arise, the cryptocurrency market, with the policies Trump has in place, could easily move from $3 trillion toward $36 trillion.
Long
by Raminchavoshi
RCL - crusing up the channel?CAPITALCOM:RCL has been on a steady upwards move on the daily since October of last year, keeping within a pretty narrow channel. No huge deviations up or down, just easing up. During the market turmoil recently, we saw a fake break of channel to the downside, which was quickly corrected back into the safety of the channel. Price is also respecting the 50 EMA, with some recent deviations due to the recent market reactions. MACD is turning up as a result and is on its way to green territory. RSI has crossed the signal line, these are the two indicators I most often follow. On the fundamentals the company slightly beat expectations on its latest release. JP Morgan said recently that cruises are now 20% cheaper than land-based alternatives (vs. 10-15% cheaper in 2019), and they predict a shift in favor of cruising. And, they just this week labeled CAPITALCOM:RCL "best in class" among cruise lines. In terms of analyst ratings (I usually focus on technicals), according to Stockanalysis.com 16 of 18 analysts has a Buy or Strong Buy recommendation on the stock (Strong Buy: 10, Buy: 6, Hold: 2). Expect CAPITALCOM:RCL to move up towards the channel roof, setting target 1 around $173 as this is ATH. Seeing as there is no resistance above this, if it breaks it might move even higher.
CAPITALCOM:RCLLong
by WeRideAtDawn
Mobileye - could use a stable eye on the futureNASDAQ:MBLY has been in a descending channel all of 2024 and is looking very weak. Since Intel took the company public at around $28, it has mostly consolidated up until 2024, when the decent began. It has been touching the lower channel line for the last month, and it is only a matter of time before it breaks to the downside. And break it will. Revenue is down, profitability is way down, and the company is experiencing heavy headwind, particularly in China. I expect NASDAQ:MBLY to continue down, with no target. Price is at ATL, so there is no bottom. My take is short.
NASDAQ:MBLYShort
by WeRideAtDawn
In trading you need an edge and a catalyst - is HCAT it?CAPITALCOM:HCAT has been trending down all of 2024. Late July price pushed up on the descending trendline from below, pushing it back down. After a bumpy period, it is yet again pushing the trendline. For 2024, price is forming a descending triangle, which is a bearish signal. However, from April, we see a rising trend. As part of this, we had a change of character mid July, and price is now moving towards the upper level of this channel. It was breached yesterday, closing on the dot of the upper trend line. CAPITALCOM:HCAT provides data and analytics technology to healthcare and have recently (as every other data related company) jacked up their AI investments. The company has made a couple acquisitions in the AI area, a sign they are investing in this area. They recently beat market expectations in their earnings report. Market cap is low, 446 million, and the stock is down 36% last year. I believe this company is well-positioned for future growth, however maybe not in the short term. My target is $9.00. There is resistance at $8.00, which I believe will be broken, and $10.00. Year high of $11.27 is stronger resistance.
CAPITALCOM:HCATLong
by WeRideAtDawn
GME - The cat is gone, the mice try to keep the party goingDoing a technical analysis of NYSE:GME might seem idiotic and pointless. We all know price is ruled by Reddits and social media posts. It used to have its moments due to a kitten, with insane movements. The kitten has fled, and the Reddits still claiming this is the best company ever do not have the power to keep the stock up. Management has proven several times they do not care about shareholders, instead they see them as a tool. They have taken advantage of shareholders more than once, and they will again. Price is now in a kind of limbo, wedge pattern. This will not last. The company has a full bank account, but has not shown or communicated anything about any potential investments. In fact, they have shown signs of trying to save the obsolete business of yesterday by closing some stores. I am fully aware that something must be going on behind the scenes, but it has been a story for some time. NYSE:GME still has the right to issue/sell more a lot of shares, and given their history of totally ignoring and abusing their shareholders, I expect another dilution of shareholders. Continued no news, reduced interest, no hope of the kitten rescue, lower highs on the chart, I feel the lower channel band will be broken and we face the support around $15, then $10. Without RK, and a non-communicating RC there is no case.
NYSE:GMEShort
by WeRideAtDawn
5
Drill baby, drill - oil price to follow down underground?Predicting the price of oil is risky business.. So many factors at play, and so many factors out of anyone’s control, influenced by world events and the actions of unpredictable players. So do your own research, base your decisions on your beliefs. Here’s my two cents. The US president elect has stated he will open the wells on drilling, fracking and anything else that can produce oil. Increased supply - reduced price. Tension between Iran and Israel will likely soften, in the way that Iran will think twice about retaliating the Israeli attack now that a more direct person is at the wheel in the US. That being said, his takeover is still a few months away, but the sitting President has now nothing to lose. And, we are heading into winter, with reduced gasoline demand. The attached chart shows a horizontal channel, however I don’t think that is relevant in this situation. World events take the driving seat, and I believe oil price will decent going forward.
CAPITALCOM:OIL_CRUDEShort
by WeRideAtDawn
Will Santa deliver, or will the buck ram it down?CAPITALCOM:SHOP delivered a strong earnings report recently, key points being: - Strong revenue growth of 26% YoY - Improved free cash flow margin, up to 19% from 16% - Operating income more than doubled YoY On the flip side: - High operational spending - Increase in loan and transaction losses, indicating rising credit risk - Macroeconomic risks Heading into Christmas shopping, SHOP is well positioned. Spending this season is expected to rise 7% compared to 2023, and more people are buying early, leading to more consistent sales. Online shopping is expected to rise once again this year, benefiting SHOP. Obstacles are higher prices, and the outlook of even higher prices to come. The economic plans of the president-elect will without a shed of doubt lead to rising inflation, and many will plan accordingly. However, I believe the upside is greater on the semi-short time, which will help push SHOP share price further. The gap following the earnings release was big, and we might see a pullback short term, so I would hold going long until that gap is resolved. I don’t expect the gap to be filled, but a retrace must be expected. The most recent high above today’s price is from November 2021, so that is not relevant, so no target. There are no obvious support or resistance levels, as price has been pretty flat for ages. Watch for pullbacks, then do your own DD.
NYSE:SHOPLong
by WeRideAtDawn
Will Joey help NU push on, or will they need even more Friends?NYSE:NU has had a good run rising 50% last 12 months, however since releasing positive earnings a month ago the share is down 25%. Among reasons for this is that the AR per customer has dropped from all-time-high of $11.40 to $11 in the last two quarters. Also, they are struggling to attract high(er)-income customers, having their fair share of customers in the low-income bracket. In their key market Brazil, a whooping 56% of the adult population has a credit card from Nubank ( NYSE:NU ’s brand), accomplished in just 10 years. However expansion into other markets is proving difficult, and the company is facing headwinds in Mexico. The somewhat known investor Warren Buffet is an investor, and he recently sold 20% of his share in the company. This could just be rebalancing after a good run but is worth mentioning. Technically the stock is not looking its best at the moment. After a steady growth pretty much since January 2023, we have now seen a steeper correction than usual (on the daily chart). Price has dropped from an ATH of $16.15 to currently $11.99. This meant price dropped below the support of the rising baseline and is now in consolidation. This consolidation can be viewed as a bearish rectangle, indicating a potential break to the downside of the rectangle. Should this happen, there is some support around $10.50 with next support at $8.50. Should price however break to the upside, the mentioned baseline will serve as resistance. The stock is approaching oversold levels on the RSI, and we have seen bounces in such situations before, however the drop before has been steeper this time. Fundamentally I believe the company might have hit if not a wall, then some serious obstacles in expanding their business, both at home in Brazil and internationally. Key numbers are rising, and this might be a sign to the upside potential, if they can be maintained and reached. Technically it looks bad in my view. I believe price will break to the downside of the rectangle and have my eyes on $8.50. On the 4H chart we saw a brief break to the upside of the rectangle, but price very quickly retreated down.
NYSE:NUShort
by WeRideAtDawn
Unveiling Liquidity Siphons: How Crypto Whales Manipulate MarketIn the fast-paced and often opaque world of cryptocurrency trading, decentralized finance (DeFi) platforms have become the playground for some of the market’s most sophisticated players—crypto whales. These entities, armed with millions in capital, employ advanced strategies to influence liquidity pools, drain unsuspecting traders, and shape market sentiment in their favor. One such tactic, often referred to as a "liquidity siphon," is a masterclass in subtle manipulation. Here’s how it works: Whales deposit significant amounts of liquidity into decentralized exchanges (DEXs) like Uniswap or SushiSwap, inflating the appearance of stability for a token. This lures in retail traders and smaller investors seeking a piece of what looks like a strong opportunity. Then, as volume builds, whales initiate rapid, large-scale transactions to create artificial price movements. By exploiting slippage and impermanent loss dynamics, they simultaneously profit from price arbitrage across other exchanges. But it doesn’t stop there. These whales often plant false signals, leveraging on-chain data visible to the public to create a narrative that fuels FOMO (fear of missing out) or panic selling. They can even amplify their strategies with flash loans, borrowing millions in assets within seconds to further disrupt market equilibrium—all while remaining nearly anonymous. The question for retail traders is: How do you spot this before you’re caught in the current? Key indicators include sudden spikes in liquidity, unusual trading volumes on low-cap tokens, and discrepancies in pricing across DEXs and centralized exchanges. Tools like Nansen or Dune Analytics can help uncover patterns in whale wallet movements, offering a chance to stay one step ahead. Understanding the mechanics behind these moves isn’t just about protecting your portfolio; it’s about leveling the playing field. The decentralized ethos of crypto should empower traders, but staying informed and vigilant is the only way to truly capitalize on this volatile and ever-evolving market. Do you think the rise of on-chain transparency will curb such manipulative tactics, or will whales always find new ways to dominate? Let’s discuss
by Cryptobingbong
1