Is DIMO the next XYO?They are a small cap, $60M in circ, but 200M fully diluted. Its DePIN and focused on making all cars smart cars, but seems really similar to what xyo is doing and Dimo also already has like 150k cars participating in their project.
Really this is looking at playing a low cap riding the coattails of a trend. Its almost like DePIN could be to this run what defi was to the last crypto run. If you are not familiar with DePIN, it basically cuts out the middle man and lets users get paid incentives directly for their participation.
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Decentralized Physical Infrastructure Networks (DePIN) is an emerging concept in blockchain and Web3 that integrates decentralized technologies with real-world physical infrastructure. The goal of DePIN is to enable decentralized ownership, coordination, and monetization of tangible, real-world assets and networks.
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For example, sharing your gps data from your car, you could get paid directly, with BAT/Brave browser for example, you get advertising dollars that normally an advertiser would pay to an ad network that the user would never see any of the money and instead, the user gets payouts directly to their wallet for viewing advertisements.
DIMO happens to be directly related to sharing location details and similar metrics and getting paid for doing so, similar to XYO, they have more than just DePIN in common.
Anyway, its low cap low volume, be careful with this one, high risk, but also potential for decent reward. Look for a break out or accumulate along support lines.
Also note that BTC is struggling a little bit where its at right now and also has lost significant market domination recently, for the first time in the last 2 years. BTC pullbacks tend to affect the entire market, but we have seen that it seems many alts are bucking the down trend as traders look for somewhere to put trading dollars as the broad market pulls back.
DYOR, be vigilant.
GPS
Gap Stock Surges 26.87% After Revenue BeatGap shares ( NYSE:GPS ) surged more than 27% in Friday's trading session after the clothing and accessories retailer posted a better-than-expected quarterly earnings report and raised its full-year guidance. Comparable store sales in the quarter rose 3% from a year earlier, driven by each of Gap's four brands posting positive same store sales in the period. New CEO Richard Dickson has led an ambitious turnaround plan that has seen the retailer work on improving its operational efficiency and repositioning the company’s brands.
Gap's ( NYSE:GPS ) comparable store sales increased 3% from the year-ago period, showing a significant improvement from a 4% decline in last year’s corresponding quarter. The turnaround was driven by positive same store sales growth in each of the retailer's four brands, which include Old Navy, Gap, Banana Republic, and Athleta. Looking ahead, the company raised its full-year guidance, saying it now expects net sales to be up slightly, an improvement on its prior forecast where it projected flat annual sales. It also lifted its full-year operating income outlook to the mid-40% growth range, significantly higher than its earlier forecast of growth in the low-to-mid teens.
Gap ( NYSE:GPS ) CEO Richard Dickson told CNBC in an interview following the quarterly results that the plan is working and resonating with investors. Since finding a bottom in May last year, Gap shares have trended higher, with gains accelerating after the 50-day moving average (MA) crossed above the 200-day MA in early October to form a golden cross pattern. Leading into the retailer’s quarterly results, the stock has rallied towards the 50-day MA after a period of recent consolidation, indicating bullish expectations by market participants.
Amid the stock’s projected earnings-driven surge on Friday, investors should closely monitor the $28.50 level, an area where the price would likely run into overhead resistance from its March 2024 high. Gap's ( NYSE:GPS ) upgraded outlook gives Wall Street fresh proof that CEO Richard Dickson's turnaround strategy - to introduce trendier styles across its brands and ramp up marketing efforts to attract picky shoppers - is paying off less than a year after he joined the struggling mall retailer from Mattel.
The stock experience massive surged in price after a "Golden Cross" pattern exhibited since the last week of September, 2023 surging through to New Highs
Gap Inc. Steers Towards Success: A Tale of Turnaround and TriumpIn a retail landscape fraught with challenges, Gap Inc., ( NYSE:GPS ) emerges as a beacon of hope, signaling a turnaround in progress. The apparel giant's fourth-quarter earnings report has sent ripples of optimism through the market, with shares soaring on the back of stellar performance and promising outlook.
Under the stewardship of Chief Executive Richard Dickson, Gap Inc., ( NYSE:GPS ) has embarked on a transformative journey, seeking to redefine its identity and reignite growth amidst a backdrop of industry upheaval. Dickson's strategic vision and decisive leadership have been instrumental in steering the company towards greener pastures, marking a stark departure from years of managerial instability and operational setbacks.
The latest earnings release paints a picture of resilience and resurgence, with Gap ( NYSE:GPS ) exceeding analyst expectations on multiple fronts. Earnings per share, excluding certain items, surged to 49 cents, more than doubling the consensus estimate. Moreover, the company delivered robust revenue and comparable sales figures, underscoring the efficacy of its turnaround initiatives.
Central to Gap's resurgence strategy is a concerted focus on brand revitalization and customer engagement. Investments in marketing across its portfolio of brands, including Gap, Old Navy, Banana Republic, and Athleta, have yielded promising results, breathing new life into once-flagging segments of the business.
Of particular note is the remarkable turnaround at Old Navy, Gap's largest brand, which witnessed a consecutive 2% increase in comparable sales, signaling a reversal of fortunes after six quarters of decline. Similarly, the Gap brand saw a commendable 4% rise in same-store sales, surpassing analyst expectations and marking its most significant uptick in over a year.
While progress has been palpable across key brands, challenges persist in Gap's smaller segments. Banana Republic, though showing signs of improvement with a 4% decline in same-store sales compared to an 8% drop in the prior quarter, continues to grapple with the complexities of its brand elevation efforts. Nevertheless, optimism abounds as the company remains steadfast in its commitment to driving positive change.
Athleta, Gap's ( NYSE:GPS ) foray into the activewear market, faces its own set of hurdles, with a 10% drop in comparable sales attributed to product marketing and experience missteps. Despite these challenges, Dickson remains bullish on Athleta's prospects, projecting a rebound in comparable sales by the latter half of 2024.
Technical Standpoint
With a moderate Relative Strength Index (RSI) of 54.18 NYSE:GPS is trading above its 200-day Moving Average with the stock on the verge of a bullish breakout forming a Symmetrical Triangle chart pattern.
As Gap Inc. ( NYSE:GPS ) navigates the torrents of the retail landscape, its journey toward sustainable growth serves as a testament to resilience, adaptability, and unwavering determination. With a seasoned leader at the helm and a renewed sense of purpose, Gap ( NYSE:GPS ) stands poised to write the next chapter of its storied legacy—one defined by triumph over adversity and a steadfast commitment to delivering value to shareholders and customers alike.
$GPS Potential return to 6-12$ range based on Monthly chartNYSE:GPS Potential return to 6-12$ range based on Monthly chart
Recent spike on Monthly chart indicates a potential strong upcoming reversal.
Potential return to the trading range of 6$ to 12$.
Long term Debt is too high, and Executives and top stakeholders are selling millions of shares at recently spiked prices.
Plus insiders with Discounted Stock Purchase Plan have a unique lifetime opportunity to buy shares around 7$ (6 month low), and sell at current market price, which is still 190% gains for immediate exercise.
Hence above favours the Short position.
Gap Reports Vastly Improved Q3 Sales And Earnings ResultsThe Gap’s new president, Richard Dickson, 52, has many challenges to overcome. His first meeting with analysts and investors after reporting 3rd quarter 2023 results shows that he has a clear understanding of the Gap’s problems and opportunities. In the three months that he has been on the job, he has closed many unprofitable Gap stores, invigorated Old Navy, and started to reposition Banana Republic and Athleta.
In the third quarter, his efforts have already made an impact on a few key metrics. The company improved both gross margin and operating margins and, most importantly, he is reviving the spirit of the associates and creating a culture of success.
Key Highlights
Net sales were $3.8 billion, a decrease of 7% from last year’s 3rd quarter. The company indicated that those sales results included about 2 percentage points of negative impact from the sale of Gap China.
Diving more deeply into this, comparable sales were down 2%. Store sales decreased 6% compared to last year. The company ended with 3,533 stores at the end of the quarter compared to last year’s third quarter of 3352 stores. The stores are in 40 countries; 2,598 of them (compared to 2,685 last year) are company operated.
Online sales decreased 8% compared to last year and represented 38% of total net sales.
A gross margin of 41.3% showed an increase of 390 basis points versus last year’s gross margin and increased 260 basis points versus last year’s adjusted gross margin. Last year’s adjusted gross margin excluded $53 million in impairment charges related to the decision to discontinue the Yeezy business.
1. The company ended the quarter with cash and cash equivalents of $1.4 billion, an increase of 99% from the prior year.
2. Year to date, net cash from operating activities was $832 million.
3. Ending inventory was $2.3 billion, down 22% compared to last year.
4. Year to date, capital expenditures were $288 million.
5. The Gap paid a third quarter dividend of $0.15 per share, totaling $55 million.
6. The effective tax rate was 15% and includes the benefit of foreign operations.
7. Reported net income was $218 million while reported diluted earnings per share were $0.58.
8. Adjusted net income was $221 million. Excluding restructuring costs, diluted earnings per share were $0.59.
9. The board of directors approved another $0.15 per share dividend for the fourth quarter of 2023.
Technical Analysist
Price Momentum
GPS is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
$GPS Breaks Double Top Your analysis of NYSE:GPS (Gap Inc.) highlights a nuanced approach to trading based on technical patterns and clearly defined risk management strategies. Let's break down the key elements of your strategy:
1. **Bottoming Pattern with Bullish to Bearish Reversal**: Initially, Gap Inc. exhibited a bottoming pattern, which usually indicates the potential end of a downtrend and the start of an upward movement. However, it seems there's been a reversal from bullish to bearish, suggesting that the anticipated upward trend might not materialize as expected.
2. **Breaks Double Top**: The break of a Double Top pattern is significant. A Double Top is a bearish reversal pattern characterized by two peaks at approximately the same level. A break above this pattern can sometimes signal a potential change in trend, but it's often approached with caution as it can be a false breakout.
3. **Strategy for Entering the Trade**: You're planning to enter a long position if NYSE:GPS pulls back to $15.49. This price point likely serves as a key level based on your analysis, where the risk-reward ratio is favorable.
4. **Risk Management with Stop Loss**: You've set a clear stop-loss condition: if NYSE:GPS closes below $15.49 on a weekly basis, you plan to exit the trade. This strategy is crucial for managing risk and protecting against larger losses if the trade doesn't go as expected.
5. **Philosophy on Trade Management**: Your statement, "Only way to manage a trade is to be in a trade," reflects a hands-on approach to trading. It emphasizes the importance of active engagement and decision-making based on how the market unfolds.
In summary, your approach to trading NYSE:GPS involves waiting for a specific entry point, setting a clear stop-loss level, and being prepared to actively manage the trade based on its performance. This methodical approach is key in balancing potential rewards with the risks involved in trading. Remember, while technical analysis can be a powerful tool, staying informed about the company's fundamentals and broader market conditions is also essential.
Why Is Gap (NYSE: GPS) Stock Up Today?The Gap (NYSE:GPS) jumped 14.9% in the morning session after the company reported third quarter results that blew past analysts' revenue and EPS expectations, although its revenue declined in absolute terms. These beats were driven by better-than-expected same-store sales performance (analysts forecasted a 7% decline, and Gap posted a 2% decline). In the earnings release, management called out market share gains in the competitive casual apparel space.
We were also excited its gross margin and free cash flow outperformed Wall Street's estimates - many were expecting Gap to post negative free cash flow. Management noted that rigor around expenses "has put the company on stronger financial footing and is enabling us to focus on reinvigorating our portfolio of brands, strengthening our operating platform, and reviving our culture for success." As a reminder, as a new CEO at the helm.
Richard Dickson assumed the role in August 2023, and this is a good start for the new leadership of a company that has had its fair share of troubles in the last few years. Zooming out, we think this was an solid quarter amid low expectations that should please shareholders.
Price Momentum
GPS is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
Gap Inc's Meteoric Rise: Unpacking the 44% Surge in Just 3 MonthGap Inc (NYSE:GPS), a prominent player in the Retail - Cyclical industry, has seen a significant surge in its stock price over the past three months. The company's market cap currently stands at $4.87 billion, with a stock price of $13.17. Over the past week, the stock has gained 7.61%, and over the past three months, it has seen a remarkable 44.08% gain. According to the GF Value, the stock is currently fairly valued at $13.83, a significant increase from its undervalued status three months ago when the GF Value was $15.25.
Company Overview
Gap Inc is a renowned retailer of apparel, accessories, and personal-care products under various brands including Gap, Old Navy, Banana Republic, and Athleta. Old Navy is the company's most profitable brand, generating more than half of Gap's sales. The company operates approximately 2,600 stores in North America, Europe, and Asia, and franchises about 850 more in various regions. Gap also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Founded in 1969, Gap is based in San Francisco.
Profitability Analysis
Gap Inc's Profitability Rank stands at 7/10, indicating a relatively high level of profitability. The company's Operating Margin is 1.67%, better than 38.33% of companies in the industry. Its ROE is 4.67%, better than 46.24% of companies, and its ROA is 0.94%, better than 41.32% of companies. The company's ROIC is 1.57%, better than 38.29% of companies. Over the past 10 years, Gap has been profitable for 8 years, which is better than 58.86% of companies.
Growth Prospects
Despite its profitability, Gap's Growth Rank is relatively low at 2/10. The company's 3-year revenue growth rate per share is -0.60%, better than 37.31% of companies. Its 5-year revenue growth rate per share is 0.60%, better than 44.25% of companies. However, the company's total revenue growth rate for the next 3 to 5 years is estimated to be -1.76%, which is better than only 9.62% of companies.
Competitive Landscape
Gap Inc faces stiff competition from other companies in the Retail - Cyclical industry. Its main competitors are Urban Outfitters Inc (NASDAQ:URBN) with a market cap of $3.17 billion, American Eagle Outfitters Inc (NYSE:AEO) with a market cap of $3.57 billion, and Abercrombie & Fitch Co (NYSE:ANF) with a market cap of $3.17 billion.
In conclusion, Gap Inc's stock has seen a significant surge over the past three months, with a 44.08% gain. The company's profitability is relatively high, with a Profitability Rank of 7/10. However, its growth prospects are relatively low, with a Growth Rank of 2/10. The company faces stiff competition from other companies in the Retail - Cyclical industry. Despite these challenges, the company's stock is currently fairly valued according to the GF Value, indicating potential for future growth and profitability.
If Love The Gap. You will love it under a $1Let's look at some household retail names
starting off with The GAP #GPS
It's ATH was over Twenty years ago
Is this Head and Shoulders signalling a Bankruptcy event during the next recession?
GPS The Gap Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GPS The Gap prior to the earnings report this week,
I would consider purchasing the 9usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $0.73.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GPS jumped on mediocre earningsGAp, Inc had a little pop after mediocre earnings to break its downtrend. IT put in an engulfing
bull candle to strike three smaller red candles. This could be considered a bullish sign.
However, the trend down has been much of the year with two head and shoulders along the way.
There has been no significant net accumulation of stock. I suppose there was a volume spike
of buyers thinking they were seeing the bottom. I do not think that the bottom is in until
there is seller exhaustion. Price is below the POC line of the volume profile. I will not be
convinced of a bottom until some net accumulation begins. I see the earnings pop as giving
a better entry for a short and call it a pullback correction of the trend down and a great
point to take a short trade.
$GPS ~ Looks as if the correction continues...As shown, the wave 2 has pushed through the 61.8 and is now headed to the 78.6. Would expect the correction continues and will need to track closely.
Gap:Bargain buy despite gapping down!Gap
Short Term - We look to Buy at 8.08 (stop at 5.20)
This stock has recently been in the news headlines. They reported an earnings surprise miss. We are trading at oversold extremes. A move lower faces tough support and we remain cautious on downside potential. Dip buying offers good risk/reward.
Our profit targets will be 15.00 and 17.50
Resistance: 15.00 / 17.50 / 25.00
Support: 7.50 / 5.26 / 2.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GPS Bulls Vs BearsOn the chart there are distinct observable bear and bull phases (which I have labelled)
The currently displayed two bull and bear phases are roughly the same lengths in time
Currently, we are moving into another bull phase for GPS, as it climbs out of the 1.618 fib
The Gap (NASDAQ: $GPS) Ready For Reversal On Earnings Beat! 💰The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. As of March 04, 2021, the company had 3,100 company-operated stores and 615 franchise stores. It also provides its products through e-commerce sites. The Gap, Inc. was founded in 1969 and is headquartered in San Francisco, California.
The Gap (NYSE: $GPS) Recently Poked Thru The Golden Pocket 🔔The Gap, Inc. operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, Athleta, and Banana Republic stores and websites in Asia, Europe, Latin America, the Middle East, and Africa. As of March 04, 2021, the company had 3,100 company-operated stores and 615 franchise stores. It also provides its products through e-commerce sites. The Gap, Inc. was founded in 1969 and is headquartered in San Francisco, California.
play on GAP $GPSkeep it easy one day said one of my mentors, seems a clear entry, seems easy, low risk, likely happen.
GAP GPS BULLISHGPS has been forming this huge Inverted H&S as you can on this quarterly chart since 2015. Price has also retraced since its last bull run towards the 61.8 fib level and is currently trying to reject on lower time frames. Looking to go long with a weekly confirmation candle. This is a long term analysis.
$GPS GAP GPS breakoutDown trendline has been broken and back tested.
Pre earnings run up is in play.
GAP INC is making wave 2 or b, GAP INC is making wave 2 or b, then goal of wave 3 or c is $110
buy @ level $21 to $23 for big move
let see what happen !
Gap -GPS attempts to break out of 30 day consolidation.After breaking out of SR channel GPS looks to test pivot. A break out can get us to T1 and beyond if we can break through the cloud.
GPS LONG to $70-$80Now correction ending after 3d wave. See the loading volume. Fundamentally, the company looks good. 5th wave should be 65-100% from the 1st wave so can expect a price at $70. Good time to buy