LI AUTO TP 35 BEFORE EARNINGS Li Auto, a China-based electric vehicle (EV) manufacturer, has been receiving positive attention from investors and analysts. Here are some reasons why:
Ambitious Goals: Li Auto’s management has set an ambitious vehicle-delivery goal1. They aim to sell at least 400,000 units of the Li L7, Li L8, and Li L9 in 20241, which would exceed their total of 376,030 vehicles sold in 20231.
Innovative Ideas: Li Auto is trying out an interesting idea similar to what Nio is doing1. This could be referring to Nio’s flagship showroom, known as Nio House, which is a unique vehicle showroom that resembles a home1.
Strong Partnerships: Li Auto has a partnership with Nvidia, where Nvidia’s Drive Thor autonomous driving chip will power Li Auto’s ET9 electric sedan1.
New Launches: Li Auto is gearing up to launch its flagship multi-purpose vehicle, the Li MEGA, on March 11.
Positive Analyst Recommendations: Li Auto Inc. Sponsored ADR currently has an average brokerage recommendation (ABR) of 1.10, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by five brokerage firms
Meta
TESLA BACK TO 208 AFTER FOMCGAP TO FILL
Technical Analysis: Bullish traders want to see Tesla receive a positive reaction to its earnings print and for the stock to surge up and regain support at the 200-day SMA1
Market Position: Tesla’s stock bulls have reclaimed key chart territory, fueling hopes that the 2023 uptrend has resumed
Innovation: Tesla is known for its ability to overcome odds and innovate, which has led to significant gains in the past
META EARNINGS - "Cant Cuck the ZUCK"Been advocating for the Zuck since November of last year, at around $100, the entire world was laughing at meta. The laughing has since ceased.
Here are some quick targets I expect to hit now that we have broken this double top, Earnings Thursday. 2/1
I am not going to do too much talking as everyone knows what Facebook is about, substantial holdings across the board. Poised for success in a future where everyone is tied to their electronics. Zuck controls the future narrative, Whatsapp, Instagram, Facebook, reality labs, JIO platforms, Portal, CTRL Labs, Mapillary.
You might not like the Zuck, but you must admit. "you cant cuck the zuck"
Support levels in purple.
First Resistance on earnings: $408.49
Target 2: $422.84
Midterm Target 1: $438.78
Meta's AI Power Play: Building a Chip Arsenal
In a strategic move to bolster its artificial intelligence (AI) capabilities, Meta Platforms ( NASDAQ:META ), formerly known as Facebook, is taking significant steps to integrate AI into its products and consolidate its research teams. CEO Mark Zuckerberg recently announced the company's plans to bring its AI research team closer to a business-focused generative AI team, emphasizing a commitment to infusing technology into its products. This move follows Meta's rapid mobilization around generative AI, a response to the success of OpenAI's ChatGPT chatbot in late 2022.
Chip Arsenal Expansion:
One of the key elements in NASDAQ:META 's AI strategy involves building an extensive chip arsenal. Zuckerberg revealed that the company is set to acquire approximately 350,000 H100 GPUs from Nvidia by the end of the year, with an additional 250,000 GPUs from other suppliers, making the total GPU count around 600,000. If achieved, this would position NASDAQ:META 's system as one of the largest in the technology industry. The company is not only relying on Nvidia but has also expressed plans to use chips from NASDAQ:AMD and has hinted at an internally designed GPU-like chip.
Generative AI Mobilization:
NASDAQ:META 's recent efforts signify a shift from years of leading AI research, notably through its FAIR team, to a more focused integration of AI into core social media products and AR/VR hardware devices. The establishment of a dedicated "GenAI" team last year underscores the company's commitment to harnessing generative AI. The commercial release of the Llama large language model, ad tools capable of generating image backgrounds from text prompts, and the introduction of the "Meta AI" chatbot accessible through Ray-Ban smart glasses highlight Meta's progress in this domain.
AR/VR-Driven Metaverse Vision:
Zuckerberg ties these AI investments to NASDAQ:META 's overarching vision of the metaverse, which prompted the company to rebrand itself in 2021. He emphasizes the need for new devices, such as glasses, to interact with AI within this envisioned metaverse. The ongoing training of a third version of the Llama model suggests Meta's commitment to advancing its AI capabilities in tandem with its metaverse goals.
Market Response and Technical Outlook:
Meta Platforms ( NASDAQ:META ) has seen strong development within a rising trend channel, indicating positive growth and increasing buy interest among investors. The absence of resistance in the price chart suggests further potential for upward movement.
Conclusion:
Meta's ambitious push into AI, coupled with the expansion of its chip arsenal and a focused approach to generative AI, underscores the company's commitment to staying at the forefront of technological innovation. As Meta integrates AI into its products and envisions a metaverse-driven future, the industry and investors alike will be closely watching the company's strategic moves and technological advancements.
META One more rally before correction.Meta Platforms (META) gave us an excellent bottom buy opportunity last time we looked at it (December 08 2023, see chart below) having hit already Target 1 (350.00) and currently going for Target 2 (384.50) following the Higher Highs break-out:
As long the Higher Highs trend-line holds, we expect a technical rejection at or slightly above the 384.50 All Time High (ATH) target and subsequent correction towards at least the 1D MA50 (blue trend-line). The last medium-term correction has been -8.70%, which gives us a minimum target of 351.00 on the downside.
If the decline extends, we can see a maximum (from a technical perspective) decline of around -15.75% (similar to October 26 and August 18 2023) that could test the 1D MA200 (orange trend-line) and will be the strongest long-term buy opportunity.
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DoubleVerify's Expansion at Meta Platforms Marks a Milestone
In the ever-evolving landscape of digital advertising, DoubleVerify ( NYSE:DV ) has recently made significant strides by expanding its brand safety and suitability coverage on Meta Platforms ( NASDAQ:META ), particularly within Facebook and Instagram Feeds and Reels. This strategic move not only solidifies DV's position as a leading software platform for digital media measurement but also underscores its commitment to fostering transparency and trust in the digital advertising ecosystem.
Meta Partnership and Revenue Impact:
The foundation of NYSE:DV 's success in this venture lies in its partnership with Meta Platforms, which was first announced in March 2022. The recent live implementation of brand safety and suitability measurement inside Meta's Facebook and Instagram Feed and Reels is a positive sign for NYSE:DV , indicating broader adoption within Meta platforms in 2024 and beyond. Meta currently stands as NYSE:DV 's largest social platform, contributing approximately $40 million in revenue, accounting for around 7% of DV's total annual revenue.
Financial Performance:
NYSE:DV 's financial performance in the September quarter is a testament to its growing influence in the digital advertising space. With a 28% rise in revenue to $144 million and a 33% increase in adjusted profit to 8 cents, NYSE:DV is demonstrating robust growth and resilience in a competitive market. The company's ability to adapt to changing industry dynamics and capitalize on strategic partnerships positions it as a noteworthy player in the digital media measurement sector.
Expanded Brand Safety and Suitability:
NYSE:DV 's expansion of brand safety and suitability solutions on Meta's platforms is a pivotal step in ensuring a secure and suitable ad environment for global advertisers. By leveraging its AI-powered classification technology, honed over 15 years of experience, DV provides advertisers with the tools to independently authenticate campaign quality and protect brand equity within user-generated media environments. The comprehensive coverage includes various Meta ad placements, such as Instagram Feed, Instagram Reels Ads, Facebook Feed, Facebook Reels Ads, Facebook in-stream video, and Audience Network.
Trusted Measurement and Transparency:
Meta's endorsement of NYSE:DV 's brand safety and suitability solutions speaks to the importance of fostering digital transparency and trust within advertising environments. Samantha Stetson, Vice President of Client Council and Industry Trades at Meta, emphasizes the significance of responsible marketing and Meta's delight in expanding partnerships with DV. Advertisers can rest assured with NYSE:DV as their industry-leading, independent, third-party verification provider, authenticating their Facebook and Instagram campaigns.
Technical Outlook:
From a technical standpoint, DoubleVerify's ( NYSE:DV ) stock exhibits strong development within a rising trend channel in the medium long term. The positive signal from the moving average indicator suggests continued upward momentum.
Conclusion:
DoubleVerify's ( NYSE:DV ) expansion of brand safety and suitability solutions on Meta's platforms marks a significant milestone in the company's journey. With strong financial performance, a strategic partnership with Meta, and a commitment to transparency and trust, DV is poised for continued success in the dynamic landscape of digital advertising. As advertisers seek reliable solutions to navigate the complexities of the digital realm, DoubleVerify ( NYSE:DV ) stands out as a trusted ally in ensuring the authenticity and effectiveness of their campaigns.
$META: interesting long setupVery nice setup forming here in $META, if it takes out last week's highs I think it can gain traction and likely do very well during Q1 2023 next. It's been basing and holding up with relative strength vs the broad market, which is a good sign, and also might benefit from a potential TikTok ban, as mostly $META and $SNAP control social networks used by Gen Z for the most part. Just a wild card, but interesting nevertheless.
Best of luck,
Ivan Labrie.
$META: bull market continues...Nice weekly trend in $META here...As Zuck's leadership continues to impress shareholders finally addressing the excess fat that needed to be shed, the company is well positioned to monetize the growth in Emerging Markets (India, with reshoring, Mexico...) that are heavy users of Whatsapp and would be a boost to revenues from monetization over time, while the Reality Labs call option gives it unknown but potentially huge upside long term. I liked the valuation at the bottom and I like the way things are shaping up on the way up, let's see how it goes.
Best of luck!
Cheers,
Ivan Labrie.
I am looking for a potential short here on META.As you can see here, we are not only approaching a supply zone on the daily chart for NASDAQ:META but we are also riding this trendline. I will look for a break of the trendline and enter a short swing. Remember, always risk what you are willing to lose. Thank you as always reading my analysis. God bless you.
OVR: 0.000 30 $1.50 | AR VR for adoption immediately www.ovr.ai
something wonderdul and simple to use that rewards everone
under loved for now
get it here Legends www.gate.io
AMD?interesting chart. i have the AVWAP at the 52 week low showing confluence with the support trend line. after earnings and fed speak we broke out the channel. were coming close to geting above the 0.68 fib retrace from last high 132/133ish area.
were also tradin above the 200-100-50 moving averages
that can also be a giant bull flag and cup and handle and all those measured moves take you to key areas. idk if it gets there or when. but just a text book looking chart right now.
Navigating the Surging Tide and Unleashing Growth Potential
Industry Meta Platforms, the parent company of Facebook, has been making waves, with its stock surging an impressive 194% last year.
I. Unleashing Revenue Potential:
Meta's fiscal year 2024 consensus revenue growth of 13% appears conservative. There are several factors that could drive Meta's revenue beyond expectations, including product improvements, increased engagement through AI content distribution, and a rising demand from Chinese advertisers. The firm's optimistic target implies a 31% upside from Meta's recent closing price, making it one of the most bullish estimates on Wall Street.
II. Operational Efficiency and Cost-Cutting:
Meta's surge in the previous year was not solely fueled by market dynamics but also by strategic decisions to enhance operational efficiency. CEO Mark Zuckerberg dubbed it the "Year of Efficiency," and the results are reflected in the company's estimated operating expenses for 2024, ranging from $94 to $99 billion, compared to the $88 billion estimated for 2023.
III. The WhatsApp Advantage:
The use of WhatsApp and artificial intelligence as a game-changer for Meta. With more than 2 billion users, WhatsApp represents a significant potential catalyst for the company. Automating customer service through AI on WhatsApp could incrementally increase Meta's revenue base by a third over time.
IV. Technical Outlook:
From a technical standpoint, Meta Platforms has broken through the ceiling of its rising trend channel, signaling a potentially stronger rising rate. While short-term corrections are possible,
Conclusion:
In summary, Meta Platforms appears to be on the cusp of a transformative period, with buyers bullish on the stock. The combination of revenue-driving factors, operational efficiency measures, and the untapped potential of WhatsApp positions NASDAQ:META for a compelling future. Investors should keep a close eye on Meta Platforms as it navigates the tech landscape, potentially unlocking value beyond current market expectations.
Short $META at $350 down to $81 targetLike many of the other tech stocks META looks extended here.
I could see one more move up into the $350 region, and if it hits there, I think that sets up a good short opportunity.
Lots of people saying we're starting a new bull trend, but what makes me think that's not true?
In a bull trend, you see a slow rise up, not a 300% bounce in a year. That indicates to me that this move has been corrective and not impulsive.
I think we're nearing a top and once we hit it, I think it'll be a fast decline down to the $81 target on the chart.
I'll be playing this move through options w/ expiry into late 2024/early 2025
Big Tech Stocks: Macro Fib SchematicsThis one might be a doozy to look at and I understand. However... Companies that make up trillions of dollars of the broader market are obviously going to be extremely complex using Mathematical Fib Schematics.
These schematics were NOT easy to organize and lay out together so give me a break.
Each one of these companies has MULTIPLE Fib tools on each of them. This is called Fibonacci Clustering. You can also call it a cluster F***...
All I can say for this one is, You either see it or you don't. I am certain of the veracity of these charts so I don't care what plebs have to say about how this looks. I am the ONLY person who has ever laid this out so perfectly you will EVER see. Quote me on it because good luck finding this material literally anywhere on the internet unless you break into Blackrock's HQ.
Easter Egg: Click Logarithmic mode on NIVIDA for an extra Fib view of why NIVIDA topped out where it did.
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms.
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Explanation of my chart analysis:
During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
APPLE BACK TO 182 SOLID POSITION Long Position:
Key Points:
Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors.
Services Segment Growth: Apple's services segment, including the App Store, Apple Music, and Apple TV+, has been a significant contributor to revenue. Continued expansion and growth in the services sector can provide a more stable revenue stream for the company.
Innovation and Product Pipeline: Apple's commitment to innovation, evidenced by new product releases and technological advancements, keeps the brand at the forefront of consumer technology. Anticipated releases and advancements in products like the iPhone and wearables can drive excitement and demand.
Share Buybacks and Dividends: Apple has a history of returning value to shareholders through share buybacks and dividends. Share repurchases can contribute to stock price appreciation, and dividends provide income to investors.
Stock of the Month: Vertex (VRTX)Our portfolio is up by more than 15% in the month of November. We are strictly following Mark Minervini's Trading Methodology. Here is a quick summary:
Mark Minervini's trading methodology, often encapsulated in his SEPA (Specific Entry Point Analysis) system, is a comprehensive approach to trading that emphasizes the importance of timing, risk management, and stock selection. Here’s a concise summary:
Trend Template: Minervini looks for stocks in a strong uptrend, using specific criteria for moving averages and price action to determine the health of the trend.
Volatility Contraction Pattern (VCP): He identifies stocks undergoing a VCP, a series of tightening price consolidations which often precede a significant breakout.
Risk Management: He sets strict stop-loss orders to limit potential losses, often using a maximum risk threshold per trade to manage overall portfolio risk.
Buy Points: Minervini waits for a proper pivot point before entering a trade, ensuring the stock is moving on high volume out of a sound base pattern.
Leadership: Preference is given to market leaders, stocks that outperform the market with strong earnings growth, sales, return on equity, and profit margins.
Market Direction: He trades in harmony with the overall market direction, increasing exposure during bull markets and preserving capital during bear markets.
By focusing on these key principles, Minervini aims to capture significant trends, minimize losses, and compound gains efficiently. Remember, this strategy requires discipline, continuous learning, and the ability to adapt to changing market conditions.
Stock of the Month November: Vertex
Detailed Technical Analysis
Price and Moving Averages : The price of VRTX has recently experienced a bullish breakout. It is trading above all key moving averages (MA), including the 50-day, 100-day, and 200-day MAs, which are aligned in ascending order—a bullish signal known as a 'golden cross'. The 50-day MA is often used as a short-term trend indicator, and its position above the longer-term MAs suggests a strong upward trend.
Volume : There's a noticeable increase in volume accompanying the price rise, which is a positive sign as it indicates strong buying interest.
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line and above zero, which is bullish. The histogram is showing increasing momentum to the upside.
Relative Strength Index (RSI): The RSI is above 70, which typically indicates overbought conditions. However, in strong trends, the RSI can remain overbought for extended periods.
IBD Ratings: The IBD (Investor's Business Daily) ratings show a high relative strength rating of 93, suggesting that the stock is outperforming 93% of all other stocks in terms of price performance.
Bollinger Bands: The price has moved towards the upper Bollinger Band, which could signal that the stock is overextended in the short term.
Support and Resistance: The chart shows previous resistance around the $360 level, which appears to have been decisively breached and may now serve as support.
Candlestick Analysis: The recent candlesticks show strong bullish bodies, which confirms the buyers' control.
Price Targets: If you're using chart patterns for price targets, the recent breakout suggests a continuation of the uptrend.
Potential Risks: The overbought RSI readings could indicate a potential pullback or consolidation in the near term. Additionally, the elevated volume on up days should be monitored to ensure it doesn't start declining, which could signal a weakening trend.
Here is a link top our updated portfolio:
www.tradingview.com
🔝 Nasdaq-100 Index: The House of Rising SunThe History is happening right here! ✨
Nasdaq-100 Index NASDAQ:NDX just set its Best First Half in almost 40 years since inception in 1985, with amazing 38.75% year-to-date return in 2023.
Among all semi-annual results, Nasdaq-100 gain this year is second only to the year of 1999.
With historical 61.44% gain in the second half of 1999, glory times shortly ended. Just two months later in the 1st quarter of 2000 index peaked at 4816.15, for the next 15 plus years.
As 38.75% surge in 2023 still far away from the All-the-history record 61.44% in 1999, stocks feel this year like they are, as the great 1960's band "The Animals" said, in the House of the Rising Sun. They won the race, and closed the 1st half of the year with solid gains.
Let's take a look and congratulate the winners of the race! ✨
🥇 The 1st place - Nvidia Corporation, 184.84% YTD return NASDAQ:NVDA
Nvidia is the clear winner in the AI arms race so far. It's the company that appears best positioned to dominate the burgeoning sector, and more and more investors continue to wake up to the potential of artificial intelligence.
Nvidia effectively provides a one-stop shop for what customers need to drive their AI ambitions. They control their entire ecosystem on both hardware and software, similar to Apple, and that puts them years ahead of competitors.
🥈 The 2nd place - Meta Platform Incorporation, 133.66% YTD return NASDAQ:META
Meta Platforms stock jumped this year after the tech giant's first-quarter earnings beat Wall Street's expectations. CEO Mark Zuckerberg also touted the tech giant's AI plans, and pledged to keep costs low as the owner of Facebook, WhatsApp and Instragram continues its "year of efficiency."
In a post-earnings call, Mark Zuckerberg hailed the company's AI efforts and vowed to keep a lid on spending. The Meta founder and CEO said AI recommendations had led to people spending over 24% more time on Instagram since it launched TikTok rival Reels.
🥉 The 3rd place - Tesla Incorporation, 120.88% YTD return NASDAQ:TSLA
Tesla's stock price has been rallying non-stop for months - and Wall Street is starting to ponder whether that breakneck surge might've made the EV stock a little overvalued.
Shares have jumped 57% since late April, with investors cheered by CEO Elon Musk signing charging deals with Ford and GM, while Big Tech stocks have also soared more broadly thanks to the rise of AI as an investment theme.
The stock just has settled its best two-quarter advance since 2020.
But Barclays, Morgan Stanley, and Goldman Sachs have each questioned that valuation over the past two weeks, with all three banks slashing their Tesla rating from "buy" to "hold".
Unprecedented dominance
It's historically rare for a handful of stocks from the same sector to make up such a large part of the S&P500 ( SP:SPX ).
The last time the five biggest companies by valuation accounted for a quarter of the index's total market cap was indeed the 1960s.
Navigating the $META Wave
Investors have paid higher prices over time to buy NASDAQ:META and the stock is in a rising trend channel . This signals increasing optimism among investors and indicates continued rise. NASDAQ:META stock has broken up through resistance at dollar 327.
This predicts a further rise. In case of negative reactions, there will now be support at dollar $327. Volume has previously been low at price tops and high at price bottoms. This weakens the rising trend and could be an early signal of a coming trend break.
New Partnership
NASDAQ:META and ONDC Partner To Support Small Businesses in India for Seamless Conversation Buyer and Seller Experiences. As per its commitment to upskill 10 million small businesses across the country, Meta Small Business Academy offers a certification to empower entrepreneurs and marketers to gain critical digital marketing skills to grow on the Meta apps.
Beating SP500 with SP500: Outperformed The Index Its Own WeaponsHi, all.
Hope you're doing well.
Looks like a good time to share a summary of a post I made almost a few years ago about SP500 stocks, 23.02.2022. Back then, I relied solely on technical analysis. Fast forward two years and the majority of my picks have proven to be quite accurate, showcasing the effectiveness of technical analysis in investing.
While the SP500 gained around 10%, my selected stocks outperformed with an impressive 35% gain. Out of the 75 stocks I handpicked, 51 are currently in profit, 12 are in the red, and the rest didn't reach enough close to the zone or haven't made a breakout yet. So 63 has triggered and it will give a winning percentage of more than 80%. I'm okay with that.
These results show the importance of technical analysis in making informed investment decisions. It's a clear example of how understanding market trends and patterns can lead to substantial gains, even when ignoring company fundamentals.
These results challenge the notion that picking individual stocks is fairly difficult to beat market averages. Instead, it demonstrates that with the right skills and a strategic approach to technical analysis, it's not only possible but achievable.
I'm excited about these outcomes and look forward to further refining my strategies in the ever-evolving world of finance.
Results are calculated by purchasing with an equal amount of money from every area that I drew and holding these until today (started to make this post quite a few days ago so it can add a bit of variation).
If the price falls through the box and comes back afterward then I always calculate from the middle of the box that purchase price. If I had done it at the best possible price then these results would have been significantly better. I did it the optimal way, you will see yourself...
1. AAPL - a load-it-up type of thing has worked out nicely. Used previously worked resistance levels. If the stocks performing well and the market cap is big then these levels can help you to get on board.
Current profit 42%
Before:
After:
2. ADBE - came down quite roughly but it found support and back above fairly quickly.
Current profi 67%.
Before:
After:
3. AMD - round nr., strong resistance level becomes support and the climb can continue.
Current profit 80%
Before:
After:
4. AMZN - split. Came down from high prices to the marked levels and those who were patient enough got rewarded nicely.
Current profit 34%
Before:
After:
5. ANET - retest of the round nr. worked perfectly, as a momentum price level, after the strong breakout.
Current profit 143%
Before:
After:
6. APTV: Came down quite sharply and it will take some time to start growing from here, if at all.
Current loss -2%
Before:
After:
7. AXP - firstly the round nr. 200 worked as a strong resistance level. Another example is to avoid buying if the stock price approaches bigger round numbers the first time. Came to a previous resistance level and rejection from there…
Current profit 34%
Before:
After:
8. BIO - in general I like the price action, kind of smoothly to the optimal zone. It might take some time to start growing from here but also fundamentals need to look over.
Current loss 13%
Before:
After:
9. BLK - kind of flawless. Worked perfectly.
Current profit 48%
Before:
After:
10. BLL - a perfect example of why you should wait for a breakout to get a confirmed move. No trade.
Before:
After:
11) Berkshire Hathaway (BRK.B) - Buy the dip. Again, as Apple, a big and well-known company - all you need to do is to determine the round numbers and small previous resistances that act as support levels.
Current avg. profit from two purchases 28%
Before:
After:
12) Cardinal Health (CAH) - the retest isn't as deep as wanted but still a confirmed breakout and rally afterward.
Before:
After:
13) Ceridian HCM Holding (CDAY) - found support from the shown area but not much momentum.
Current profit 33%
Before:
After:
14) Charter Communications (CHTR) - technically speaking it is a quite good price action but kind of slow momentum from the shown area. So, it can take some time if the fundamentals are ok.
Current loss -14%
Before:
After:
15) Comcast Corp. (CMCSA) - got liquidity from new lows, pumped up quickly, and is currently fairly solid.
Current profit 16%
Before:
After:
16) Cummins (CMI) - close one, got rejected a few points before my shown area from the first role reversal (old resistance becomes support)
Before:
After:
17) Salesforce.com (CRM) - perfect. 50% drop, strong horizontal area, and mid-round nr did the work.
Current profit 74%
Before:
After:
18) Cisco Systems (CSCO) - worked and slow grind upwards can continue.
Current profit 18%
Before:
After:
19) Caesars Entertainment (CZR) - not in good shape imo. It has taken too much time and the majority of that is sideways movement.
Current loss 4.8%
Before:
After:
20) Devon Energy (DVN) - inside the area and actually active atm. Still, now I’m seeing a bit deeper correction than shown.
Before:
After:
21) Electric Arts (EA) - waiting for a breakout. It will come and it will be strong afterwards!
Before:
After:
22) eBay (EBAY) - inside the area but yeah, looks like not much power there.
Before:
After:
23) Enphase Energy (ENPH) - got a breakout, got a retest, and did ~70% rally after that! If you still hold it, as I do statistics, then…
Current loss -30%
Before:
After:
24) Expeditors International of Washington (EXPD) - kind of worked but didn't reach. No trade.
Before:
After:
25) Meta Platforms (META) - one of the best examples that you want to be in the markets and technical areas should give you the confidence to make your move! Run through the area but very quick and consistent comeback.
Current profit 86%
Before:
After:
26) FedEx (FDX) - I love the outcome of this. Very solid price action and multiple criteria worked as they should. Perfect.
Current profit 65%
Before:
After:
27) First Republic Bank (FRC) - firstly got a solid 30 to 35% gain from the shown area but...we cannot fight with the fundamentals.
Current loss 99%
Before:
After:
28) General Motors (GM) - slow but has started to show something.
Before:
After:
29) Alphabet (GOOG) - load it up 3.0, a good and strong company, and use every previous historical resistance levels to jump in.
Current avg. profit after three different price level purchases 32%
Before:
After:
30) Genuine Parts (GPC) - rallied quite strongly without a retest but now has started to approach my shown level.
Before:
After:
31) Goldman Sachs (GS) - really close one but still count it in.
Current profit 33%
Before:
After:
32) Hormel Foods (HRL) - quite bad performance here. Two trades, two losses.
The current loss combined these two together is 35%
Before:
After:
33) Intel (INTC) - one of my favorites again. Looks like the zone is in the middle of nowhere but the rejection came exactly from the box with good momentum in it.
Current profit 64%
Before:
After:
34) Ingersoll Rand (IR) - sweeeet!
Current profit 87%
Before:
After:
35) Intuitive Surgical (ISRG) - the trendline, 50% drop, strong horizontal area. Ready, set, go! Sweeet 2.0 ;)
Current profit 62%
Before:
After:
36) Johnson Controls International (JCI) - the retest worked quite nicely but did not have enough momentum. So probably it moves sideways for a while.
Current profit 14%
Before:
After:
37) Johnson & Johnson (JNJ) - Buy the dip and we had only one dip :)
Before:
After:
38) CarMax (KMX) - the area is strong but not enough momentum in it so I take it as a weakness.
Before:
After:
39) Kroger Company (KR) - breakout occurred, retest also but nothing more to say.
Current loss -6%
Before:
After:
40) Lennar Corp. (LEN) - strong resistance level becomes strong support.
Current profit 133%
Before:
After:
41) LKQ Corp. (LKQ) - haven’t reached yet but still, it should be solid.
Before:
After:
42) Southwest Airlines (LUV) - no breakout = no trade! Don’t cheat! Your money can be stuck forever but in the meantime, other stocks are flying as you also see in this post. If there is a solid resistance, wait for the breakout and possibly retest afterward!
Before:
After:
43) Las Vegas Sands (LVS) - channel inside a channel projection ;) TA its own goodness!
Current profit 60%
Before:
After:
44) Microchip Technology Incorporated (MCHP) - nice one!
Current profit 67%
Before:
After:
45) Altria Group (MO) - got a decent break but lacked momentum after that and sideways movement can continue.
Current loss -11%
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After:
46) Moderna (MRNA) - still inside a quite wide zone but nothing too exciting from my point of view.
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47) Morgan Stanley (MS) - the first stop has worked, and got some movements.
Current profit 27%
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After:
48) Microsoft (MSFT) - Load it up 4.0, buy the dip has worked again with well-known stock.
Three purchases and avg. return from these are amazing 54%
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After:
49) Match Group (MTCH) - if I look at it now then I don’t really like this chart at the beginning but it is what it is and we accept the loss.
Current loss -57%
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After:
50) Netflix (NFLX) - almost the same as Meta. Came quite sharply but the recovery has been also quick. Another proof that you want to be on the market if these rallies occur.
Current profit 62%
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After:
51) NRG Energy (NRG) - wait for the retest
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52) NVIDIA (NVDA) let this speaks for itself!
Current profit 200%
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After:
53) NXP Semiconductors (NXPI) - usually the sweet spot stays in the middle of the box, and also as I look over these ideas quite a few have started to climb from the first half of the box.
Current profit 72%
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After:
54) Pfizer (PFE) - yeah, got rejected after it came to retest the area the first time to around 30% but after that - slow death.
Current loss -29%
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After:
55) PerkinElmer - “after” is EUR chart but you get the point.
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56) Pentair (PNR) - worked correctly, 50% drop combined with the horizontal area, easily recognizable, and the result is quite okay.
Current profit 65%
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After:
57) Public Storage (PSA) - slowly has fallen to the zone and first impressions are on the chart already.
Current profit 20%
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After:
58) PayPal (PYPL) - the area just lowers the speed of dropping :)
Current loss -29%
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After:
59) Qorvo (QRVO) - it can be a “late riser”, let’s see.
Current profit 24%
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After:
60) Rockwell Automation (ROK) - sweet, worked again like a charm.
Current profit 52%
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After:
61) Rollins (ROL) - after posting it didn’t come to retest the shown area. Being late for a couple of weeks. Worked but cannot count it in, the only thing I can count is that my bias was correct ;)
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62) Snap-On Incorporated (SNA) - same story!
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63) Seagate Technology (STX) - firstly it came there! Look how far it was, the technical levels are like magnets, the price needs to find some liquidity for further growth and these areas can offer it. I like this, and the climbing can continue.
Current profit 42%
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After:
64) Skyworks Solutions (SWKS) - one of the textbook examples of how trendline, 50 drop, round nr. and strong horizontal price zone should match. A bit slow but oohhh boy I want this will play out. I have talked about this idea in several presentations and it is kind of a perfect example of how these criteria can determine the strongest zone on the chart!
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65) TE Connectivity (TEL) - came down, and got a rejection. “Simple” as that.
Current profit 34%
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After:
66) Thermo Fisher Scientific (TMO) - mister Ranging Market. Nothing but last month got a bit of volume from the liquidity zone and let’s see what it can do.
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67) Trimble (TRMB) - currently up but the price action signs that it can stay ranging for some time.
Current profit 19%
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After:
68) Tesla (TSLA) - made a split. Have been successfully recommended many times after that here and there but two years ago was these price levels and..
The current profit after two purchases is 16%
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After:
69) Train Technologies (TT) - dipped the box and off it goes!
Current profit 91%
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70) Take-Two Interactive Software (TTWO) - I like this analysis a lot. Worked as a clockwork.
Current profit 60%
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After:
71) United Rentals (URI) - scam :) have some closest calls counted in and here is another one.
Current profit 128%
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After:
72) Waters Corp. (WAT) - came to the box as it should be slow and steady. As the plane came to the runway.
Current profit 33%
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After:
73) Exxon Mobil Corp. (XOM) - another escaped winner. Didn’t come down to retest my retest area so, missed it.
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After:
74) Xylem (XYL) - nice to see that the majority of these areas are working very nicely!
Current profit 49%
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After:
75) Autodesk (ADSK) - slowly, slowly but worked and climbing from the shown area.
Current profit 42%
Before:
After:https://www.tradingview.com/x/qRJaz6rI/
As we summarise this journey through the past two years of market analysis and stock picking, it's clear that the power of technical analysis has been a guiding force in achieving remarkable results.
As said, these chartings are made solely based on technical analysis but if you add here a bit of fundamentals then these results can be much better. Probably would have avoided some losses. If possible, always use both analyses. Let this post prove to you that technical analysis works in most cases and helps you find good entry points. These areas act like magnets. Sooner or later the price will still reach these levels. I like this saying a lot and I will end my post with it: fundamental analysis tells you what to buy, technical analysis tells you when to buy!
Hopefully, you liked this post, learned something from it and if it isn't too much to ask then which one was your favorite?
Take care & happy trading,
Vaido