Best AI stock for 2023 🤖 Recently, everyone is talking about AI.
So which companies to buy and is it worth it now?
At the moment, leader among commercial implementation of artificial intelligence is a non-public company OpenAi.
Microsoft ( NASDAQ:MSFT ) has made a big contribution to development of OpenAi - therefore its a direct beneficiary of spread of GPT chat.
📱 The rest of Big Tech shares: NVDIA, Tesla, Meta - also have a direct participation in development and popularization of AI.
That is, now AI is about the growth of Big Tech shares, which have already grown by + 50+70% since the beginning of this year!
It's a lot.
For example, Apple is generally ~4-5% of its historical maximum 😱
In context of incoming data, we see that conditions in world's economies are destroying, which means that IT sector will not be able to pull market for a long time and will go into correction. Sp500 will also go down accordingly.
And this means that the hype around AI will soon cool down ♨️
But, we would like to highlight one company that will be interesting in the medium term.
She is engaged in development and training of AI.
➖ Of the minuses, the company has no profit.
Strongly overbought by P/S ~12 (up 200% YtD).
➕ The company has no debt.
There is a very promising direction.
There is a revenue of $266 million.
Huge stock volumes starting in 2023 📊
The next report will be June 1st.
If the company makes a profit, there is a chance to grow by +50%, but then the stock will fall.
❇️ Ticker: NYSE:AI
✳️ Buy limit orders: $25, $20, $17
📈 Growth potential: up to 200% by the end of the year.
📉 Downside potential: up minus 50% by the end of summer.
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IDEA
Only a few days left before rocket! Latecomers are not welcom 🙅LTC coin continues its slow upward movement for past 7 months, while most of crypto market is in a bear market.
The main reason for growth of this coin is next halving, which will happen in about 2 months.
Check out BINANCE:LTCUSDT chart, which shows almost the entire trading history for this coin.
As you can see, the price of LTC started to rise a few months before the halving:
1. Halving 2015.
The price started rising 126 days before the halving. Moreover, the price grew for 77 days and then went to correction for 49 days. After that, there was a halving.
2. Halving 2019.
The price started rising 238 days before the halving. Moreover, the price grew for 189 days and then went to correction for 49 days. After that, there was a halving.
3. Halving 2023.
The price started rising 280 days before the halving. The rest of the data is still unknown.
With the naked eye, there is a clear trend that the price is rising before the halving.
However, this year the price of the coin is in no hurry to grow, and there is not much time left!
Even more interesting is that each cycle of the beginning of growth before the halving comes later.
But what remains unchanged in history is that the beginning of the growth correction comes 49 days before the halving.
Also note that pre-halving growth is historically over 500%!
Ticker: $LTC/USDT
Buy market order: 92,5$
Goals: 105$, 132$ , 180$
Growth potential: up to 200% by the end of the year.
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Hellena | USD/JPY: Short idea from ChannelAt the moment, the price has approached the upper resistance line of the channel, and I am anticipating the formation of a pattern between the range of 140.5 and 139.5, in order to open a short position
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
$WAVESUSDT can show a raising leap BINANCE:WAVESUSDT
Once this pair jump a bit higher than 1.94-2.4 it will have a change to touch 4.6-5.4 range.
Does not constitute a recommendation.
#furoreggs #investing #idea #crypto #forecast
BUY BTC MOMENTUM CYCLEBUY BTC MOMENTUM CYCLE:
I am delighted to share with you today my in-depth analysis of Bitcoin cycles. This analysis is the result of many hours of research, study, and deciphering various financial and economic indicators. However, it is important to underscore that this analysis is based on information available up to today's date and may not reflect future price movements. Therefore, it's essential that you conduct your own research before making an investment decision.
For this study, I used several indicators. Some are classic technical indicators, like moving averages, the RSI (Relative Strength Index), the MACD (Moving Average Convergence/Divergence), and the transaction volume. Others are more specific to Bitcoin and cryptocurrencies, like the NVT ratio (Network Value to Transactions), the network's hash rate, and the number of active addresses.
In addition, I analyzed previous Bitcoin cycles in detail to try and understand the trends and patterns that have repeated over time. I also took into account external factors, such as technological developments, regulations, and geopolitical events, as well as the impact of interest rates and unemployment (which I estimate to be imminent) that could potentially affect Bitcoin's price.
Riding 🏇 Manufacturing Data 🎯 2%+ Risking --> [ .30% ]Last Week the Weekly Candle closed Bearish but with no wick
Last week the Candle closed below Weekly S/R Level
However, the candle closed in between our two Daily Level's
Manufacturing Data Was Expected to be negative for the USD Red Folder News and in theory good for EUR Strength
Price had been going up on EU since the new Weekly Candle opening yesterday.
From Experience I was anticipating an early in the week push up away from our previously mentioned Level's.
The Red folder news was a catalyst for a continuation of momentum.
From here we can anticipate a continued early in the week push or Consolidation structure as NYSE Open falls back to our mentioned Weekly and Daily Level's. I can
see price holding these level's for a few sessions because the Bulls have a great interest in protecting these levels. Or else EU will fall back to 1.076 rather easily
Weekly Target for Bulls if we hold these levels is 1.0948
More Analysis: I observed that London Session had a nice bullish breakout. Price had pulled back for the new 4Hr candle leaving a wick to fill in momentum
and additionally to create a bottom wick for the new 4hr candle. So it could blast off like a spaceship away from our previous mentioned levels.
Zone to Zone. My TP was at next technical level 1.0889 1Hr Level
BTCUSD: Revisiting Key Support at 21500BTCUSD (Bitcoin)
I expect BTCUSD to revisit the key support level at 21500 in the near future. A rebound from this level would signal a potential uptrend, with a target of 26k after breaking through the key resistance at 25200.
If the support level at 21500 fails to hold, we could see a deeper correction, with a potential drop to 19k or lower. Therefore, it's important to closely monitor the price action around this support level.
In summary, my trading idea is as follows:
Entry: Buy at the sub-21500 level with a stop loss below 19500
Target: 26k
Invalidation: A sustained break below 19500
Please note that this is just my opinion and not financial advice. Always do your own research before making any trading decisions.
$SNAP has a perfect power to present a huge percentNYSE:SNAP
MACD shows that snap is going to the rocket fly to 45-50$ till the end of the year. Maybe, at first we will see moving to the bottom even towards 4$ in a month.
$SNAP::$10->$50::400%::end of 2023
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
Believe in the Gods! -->🔱--< But do not count on them for help Dollar Bulls Take the Win? We have dropped below our Last Daily Zone at 1.09219. I have been talking about dollar bulls Since we had FOMC data coincide with our extreme highs at 1.1095. A Coincidence? I thought this may be Suspicious! And it turned out that way. That was a good tell for the beginning of this descent. FOMC was last Wednesday and dollar bulls have blessed swing traders with 190 Pips in 1 Week. Everyone says EU is Weak in comparison to the # of pips it gives to most other pairs... It Doesn't give that much , heh 😉. It Respects level's very nicely! Very clean price actionnn.
From a Technical Standpoint.. As Long as we stay below 1.09211, only sells for the rest of week. The Price I like are 1.0897 as the next Pit stop. Ultimately with Friday's daily candle I'm liking 1.0866 Weekly Level as mentioned in previous publishing's. Also I like the Daily level just beyond that at 1.08535. As long as NY and our last remaining 4Hr Candle prints below 1.09219, Sells are fantastic. I would prefer that we waste no time and close below 1.09112 4Hr zone.
Trading : Trading today went quite well. Looking at my data.. my Thursdays are typically good. --<< I've seen that remark impact my trading psychology before. The brain is a wonder. Managing trading psychology is a large part of trading.
Given that I am profitable, I still cut my winners a bit short sometimes. Why? Out of Fear. Complicated.. But for now we must stay consistent and discplined to the system. the trading plan.
3 Setups today.. The First one I ran because i was scared and closed for B.E. It would've been a nice +5 Pip scalp. The Second was a great. Just closed a little early. The third was a great! Closed a little early once again.
I can complain because green is green. Profit is profit and we must learn and move onto the next day.
On Thursday's..
1. The Market sets itself up early in the week. By the time Thursday comes around, the weekly candle is ready to extend itself in the preceding direction from Monday/Tuesday Etc.
2. New and Struggling Traders are Tired and Exhausted from trading since Monday. They begin to make mistakes and become sloppy with their execution. Leading to larger losses than are necessary. I have been there.
EURO/USD price is below 20, 50, & 100 EMA Currently Euro/usd price is below 20, 50 & 100 Exponential Moving Average which indicates the chances for short in 4 hours time frame, further today news for Core PPI and Fomc may direct the market for a long term momentum in short.
The US Dollar (USD) is the world’s dominant currency and the Euro (EUR) is the second most-traded.
As a result, business in EUR/USD accounts for almost a quarter of trading in global foreign exchange markets according to the BIS triennial report, which covers institutional trading.
EUR/USD is a highly liquid pair.
#KLAY | Short | Trade | Set-Up| Don't Forget To Hit Follow To Never Miss An Idea |
| Please Support By Giving This Idea a Boost |
#KLAY | Short | Idea
Entry conditions
| Bearish Signal
| Broken down on range
| Rejected from 20 Daily EMA
| Untested Weekly Pivot - Beware
| Lost Key Support
| Lost Key support and trenline on CVD
ES 5/5 ANALYSIS 1 HOUR WITH SAMPLE TRADE IDEAES seems to be going up for its last liquidity grab as a 3 wave ABC zig zag structure before labeled in purple.
After which it most probably get rejected by the high seller pressure in the 4200 region. and complete the 2 second wave of a larger timeframe and start its third wave downwards into the 3900-4000s.
This wave 2 structure also helps destroy shorts before the final downward move.
EURUSD | could potentially sink down furtherHey Traders!
NFP came out positive for the US dollar we saw some bearish pressure, althought we are currently on a bullish channel, I believe we might re-test lower maybe the previous area of support which is around a 30-40 pip move to the downside, then we have 200 moving average that is about 50 pips away, if all this is broken then we might see a higher timeframe bearish continuation starting to happen which could take this trade much lower.
Overall this is a pullback trade, so these tend to be a lot riskier, its also friday so the lack of volatility might not take this trade anywhere, maybe even a pullback back to the moving averages, and only next week we might see this trade develop further.