DEEPBOOK Set for Explosive Move to 0.11!?The current DEEP/USDT 4-hour chart shows the price consolidating after a strong upward move, and now it's nearing a crucial decision point. Using Fibonacci retracement, we can identify key support and resistance levels that could dictate the next big move.
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Key Support Zones:
The price is currently sitting near the 0.618 Fibonacci retracement level, historically a strong area of support for a potential bullish bounce.
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Further support is found at the 0.5 level, indicating that there’s a high chance the price could reverse upwards from here.
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Strong support from SUI/USDT, as indicated in the chart, adds extra confidence to the bullish potential.
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Resistance Levels:
The first major hurdle lies around the 0.786 Fibonacci level and the psychological resistance at 0.100.
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If the bullish momentum continues, the long-term target could be the 1.618 Fibonacci extension at 0.113, signaling significant upside potential.
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Price Action Scenarios:
In the bullish scenario, the price could bounce from the current support levels, pushing towards the 1.618 extension for an explosive move upward.
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In the bearish scenario, if the support fails, the price could dip further towards the 0.382 or 0.236 Fibonacci levels before finding solid footing again.
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In summary, DEEP/USDT is at a pivotal moment. A breakout from here could lead to massive gains, while a failure to hold support could trigger a deeper correction. Don’t miss this potential opportunity as the market braces for its next big move!
Growth
AEVA 200% indoor labs selects Aeva because significant advantages in its 4D LiDAR technology to improve safety, security and operational efficiency at major U.S. airports, mass transit railways, agriculture, and in smart infrastructure at theme parks, cities, and other large venues across the U.S. can't see it dumping on this news time for lift off.
Back with another value stock for playing the next 4 years The Foxx is back.
After a stellar success of ALTM, I dont think I have to mention to my esteemed followers the power of value investing.
I wont give you all the jagron of the DCF and the P/E Multiples on this platform but feel free to DM me for additonal info.
ENPH, my new entry. Previously, I did not mention my holdings in ALTM but to put things in perspective, i owned 100,000 stocks at 2.21 of ALTM. Sold 50,000 at 4.9 and 50,000 at 5.4 respectively. i'll let you do the math on the realized numbers.
Enphase is a strong clean energy stock. and with data centres going clean and the news flash of nuclear power deals with the AMZN MSFT GOOG, people and Mr. Market is missing out on one good and important factor. Nuclear will take 5-8 years to kick in. till then it is wind and solar.
so, without boring you more, I would like to announce to TV and the followers of Foxx Invest that The Foxx has initiated a position in ENPH at 83.92 of 1800 stocks with a buy order for more 1000 at 73.0
Please do not take this as investment advice. this is me sharing my position.
Stick to value investing and if you have more than 2-3 lines (only trendlines) on your chart - you will take losses. Period !!!!!
Take care
Make money - thats the only thing that matters in life after health and family.
Foxx
Oh shoot !Our moon mission candidate of the day guys has to go to Suilama.
If you don’t know, the dev of solama (Sol) took his talents to the Sui blockchain and is attempting to replicate that success on the Sui blockchain.
It just got verified and audited by Cyberscope, a partner of Coinmarketcap and Coingecko. This is bullish, considering it’s relatively new meme.
This is not financial advice, do your due diligence when investing and have a blessed day!
DAL Chart ReviewI recorded this chart review yesterday.
I do like DAL for long term momentum here. As you can see, however, it has been a very difficult stock in the past. Kind of ironic how the hack on MSFT that impacted Delta actually played out to be a bottoming area so far.
Time will tell how this plays out. But I am certainly biased to the upside.
The bull market in Mediterranean rice bowlsWhile many investors spend weeks or even months searching for the next big AI stock, a company from a different sector has quietly taken the spotlight since the start of the year. With Mediterranean rice bowls as their signature offering, CAVA has surged to a market value of $15 billion and has become one of the top-performing stocks of the year up 200% since its IPO and even more than that since the year began.
Here are some quick facts about CAVA and the industry:
Market Value: CAVA is now worth $15 billion.
Stock Performance: CAVA has been one of the top-performing stocks in 2024 despite tech stocks remaining the preferred sector.
Fast-Casual Health: The fast-casual healthy dining sector is rapidly expanding, crushing companies like McDonald's as consumer preference changes.
CAVA's Niche: Mediterranean cuisine, with its focus on fresh ingredients, has resonated with health-conscious consumers. How much further can this go?
Expansion Plans: CAVA is aggressively expanding its footprint, opening new locations across the U.S.
So what's the lesson here? Well, I am not buying or selling this. I am late and missed it! The point of this story is that it can pay to look in other markets when everyone is focused on a specific sector. The biggest wins can come from unexpected places—like a Mediterranean rice bowl.
New Technologies Can Push Stocks to New HighsNYSE:CAT easily moved above the resistance highs from March and out of its sideways trading range, making new highs. The white candle on lower volume was interesting: intraday showed pro traders in control toward the end of the day as retail traders and smaller funds started selling prematurely. A resting pattern would be a lower-risk entry to prepare for the breakout.
Caterpillar, Inc. has new technologies coming to market. The company unveiled its new technologies for mining on Sept 24, 2024. It reports earnings on October 29th. If you are trading or holding this stock, check support levels but be patient.
NTL New Talisman Gold Mines LtdBuying long term position in high risk gold miner today
Exploration company but just purchased plant to start producing gold...
Technically this has bollinger band squeeze at $0.023 cents per share - it definitely is a penny stock! don't think I've ever bought something so low in 20 years...!!
Could have massive reward to risk if it turns profitable i.e. reward to risk >50X
I'm happy to lose the entire investment in this as the potential reward to risk is massive (and very rare...) especially in businesses that are involved in producing something of value that is tangible...
High risk for sure, but I believe they have done 11 years of research and starting to buy equipment to produce so they see value there...
The TRUTH is Pending through BULLISH CYCLESThe truth is pending but my REVERSAL STRADEGY unveils secret truths. Smart Money is playing it out into a rising wedge behind the background. Will it play out this way? maybe it is. They know how we think, if this happens to change then I will update later.
Meanwhile, when it is time for the crash fall, TA data will be accumulating on my end. This data will start printing out in tiny portions the CRASH IS NEAR.
We must understand, that when the crash is near, BITCOIN reads to be in its most bullish conditions which we've never seen before. The world will not stop talking about how bullish Indices, Stocks, and Crypto has been and will be.
I have no doubt many of any sort will be providing feedback to those who listen. These information providers will be on the WHALE's PAYROLL to deceive many to say more than what they shouldn't say and many will follow their advice and just then, the BULLISH FULL MOON will turn into darkness and those who provided feedback, displaying themselves as professional analyst traders, many will not to be found.
Pivot high and pivot low is my strategy, I've retraced. The Ma's work with my pivots. The yellow trend that's dotted is a possible scenario of price movement.
This bullish dragonfly doji has not closed but it's reading out BULLISH MOMENTUM for our coming months.
Beware; after 5 pm Pacific time, a minor downtrend then will reverse, and this may last for some time.
RNR RenaissanceRe Holdings Ltd (Long Opportunity) Fundamental
- Stock is outperforming the market, building on new highs, I expect this will continue to at least 300 or ~10 near.
- Company's selling goes up.
- Company has a strong cashflow position.
- Investors very want the company at the moment.
- Company has great price/earnings growth spiral, wich makes dedicated traders want it, this explains the rise and this explains the continuation of this trend until the first big break, but this moment looks not to be near.
JBL Jabil Inc, (Long Opportunity) (Midterm) Leo Hanhart Strategic
- A lot of funds enter positions.
- Stock is gaining momentum.
- Company did strategic purchases wich higher the earnings in the future.
- Strategic position in the market.
- Free cashflow is high. (and increasing) if you would make a model for that, you will see that this will predict that the stockprice will increase.
Financials
- Earnings are okey.
- Company has a good outlook.
- Valuation is a bit on the low sight (is 10-11, was 20).
- Margin is increasing.
Techincal
- Just a good momentum spot.
- If you look at the weekly candles you see big long-O.
- Buyers are making the coming market I quess.
Pinduoduo making monthly BULLISH ENGULFING SeptemberNASDAQ:PDD
PDD makes at monthly chart since IPO now in Sept the third Bullish Engulfing!
BUT look how big it is this time - HUGE UPSIDE GAIN IS NOW IN THE MAIKING AND IT JUST STARTED ....... MUCH MORE TO COME NOW!
Just look what happened at prior BULLISH ENGULVINGS ...... THIS IS HUGE - HUGE - HUGE (!)
Tesla on the Way to new all time High ............ (!)NASDAQ:TSLA
Tesla bounced of 200 at upper line of Blue Megaphone pattern und ist now in the most important Elliott Wave:
(3) of iii of 3 - THE MOST IMPORTAMT WAVE NOW - Almost nothing can stop now Tesla from Doing a NEW ALLTIME HIGH later ...!
Especially when we go above green line, which is NECKLINE of INVERSE HEAD&SHOULDER ...... which points to 25% HIGHER THAN OLD ALL TIME HIGH!
When I look at all this, I must assume that coming Robotaxi Event in LA at 10/10/24 will bring a lot of news, which gives Tesla another boooooooost higher !???!
BLZE Back on Track: Strong Sales Growth and Effective LeadershiBackblaze is a company specializing in cloud backup and storage services. Founded in 2007 and based in San Mateo, California, it offers a range of services that include backup solutions for personal computers and servers, as well as large-scale storage solutions for businesses. The company went public on the Nasdaq stock exchange under the ticker BLZE on November 11, 2021.
Backblaze focuses on cloud backup and storage services with two core products: **Backblaze Personal Backup** and **Backblaze B2 Cloud Storage**. The first product offers unlimited, automatic backup for personal computers, while the second provides large-scale cloud storage solutions for businesses, including big data storage, archival backup, and file preservation. Backblaze delivers accessible, reliable, and affordable cloud solutions, emphasizing ease of use, transparent pricing, and comprehensive backup features designed to ensure users' data is always protected and available.
Backblaze differentiates itself from competitors in several key ways:
1. **Low cost and full pricing transparency**: While many competitors offer complex pricing structures and hidden fees, Backblaze is known for its affordable and transparent pricing, allowing users to understand their costs upfront.
### Market Valuation of the Cloud Storage Industry in Recent Years:
- **2019**: The global cloud storage market was valued at approximately $46.12 billion (GlobeNewswire).
- **2020**: The market grew to around $55.6 billion, largely due to the increasing shift to remote work caused by the COVID-19 pandemic (GlobeNewswire).
- **2021**: The market continued to expand, reaching a value of around $67.9 billion (Acumen Research and Consulting, GlobeNewswire).
- **2022**: The market value reached approximately $96.16 billion (GlobeNewswire).
- **2023**: The market stood at around $101.43 billion (GlobeNewswire).
Projections indicate that in 2024, the market will grow to around $132.03 billion, and by 2032, it is expected to reach $665 billion, with an average annual growth rate (CAGR) of approximately 21.8% between 2024 and 2032 (Acumen Research and Consulting, GlobeNewswire).
At the most recent investor meeting, **Gleb Budman**, CEO of Backblaze, reiterated the company’s ongoing commitment to leading the cloud storage market. Budman highlighted Backblaze’s impressive growth and the importance of investing in innovation and advanced technologies to enhance services and performance. He emphasized that the company aims to achieve positive cash flow by mid-2025, with plans to expand into new markets, including enterprise sectors and increasing its presence in international markets (Backblaze, Inc.).
*The information presented here is for general informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities.*