Tesla Poised to move 100% Tesla appears to have reached a support level around $200, having previously reached annual highs near $400. The prevailing upward trend is likely to persist, considering Tesla's oversold condition and indications of market exhaustion on the downside.
Moreover, given the recent surge in AI stocks, it's highly probable that Tesla will achieve the $400 target, a sentiment confidently echoed here at NIXXWORLD.
SELF
$LYFT getting ready to $LFFT offBullish divergence on the annual time frame, that spans across a 2 year period.
Stochastic indicating the market is over sold on the annual time frame and that bulls are re entering the market.
RSI indicating market exhaustion to the downside and bulls returning to the market,
LYFT market dominance in the self driving/ ride sharing app is growing. Also with the expansion of self driving, company expense will drop and profits will rise.
Big Things in 2023Cepton ( NASDAQ:CPTN ) has been quiet for a few quarters now. Earnings are coming up on May 9th and revenue is expected to increase each quarter to 2024. According to TradingView's Forecast, 3 out of 5 indicate CPTN is a strong buy. The expected revenue growth through Q4 2023 is expected to grow almost 4x from where we are now. What is great, is no one is talking about Cepton. Reddit, TradingView Ideas, and our typical blogs have been radio silence. The current RSI indicates we are likely oversold in the latest dump and have an opportunity to grab a good entry as we head to 2024. With each Automaker investigating how to implement LiDAR solutions in their future product, they will likely need to work with one manufacturer and stick with them due to challenging packaging constraints and system integration work with each LiDAR module. I expect that the contracts that CPTN currently has and future business to be long term revenue generators to help them achieve these revenue targets. As more automakers launch products and reveal future vehicles with autonomous systems utilizing LiDAR, this will be a stock to watch.
Let me know what you think.
Trust Your GutI have a feeling that the bear market rally is not over. I had a vision about August being very positive and promising but the behind the scene stew will spill over with September. The next couple of months will be total chaos and desinformation for the public. Then with winter the panic will come. Please be prepered, panic first.
These are random squiggles.
peace
Selfkey (KEY) formed bullish Gartley for upto 21.50 pumpHi dear friends, hope you are well and welcome to the new trade setup of Selfkey (KEY) token with US Dollar pair.
Previously in the month of Jun, I shared a long-term trade setup for a huge move of KEY, which is still in play as below:
Now on a 4-hr time frame, KEY has completed a bullish Gartley pattern. There is also a hidden bullish divergence as the priceline is forming a higher low and the RSI is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
imagine this I do not know how to comment it. I feel like the Q3 of this year will be suprising but we will end with a really unexpected boom, maybe another black swan event (drastic shift in politics, death of very important person or terrorist attack (very rarely happen on the end of the year). Those are just my toughts of those bizzare times.
Peace
#unhinged
lol imagine thisAnd above all, it is your civilization, it is you. However much you hate it or laugh at it, you will never be happy away from it for any length of time. The suet puddings and the red pillar-boxes have entered into your soul. Good or evil, it is yours, you belong to it, and this side the grave you will never get away from the marks that it has given you.
LTC Long position gamblethis is my position
im using set of weird emas (they came to me literally in a dream) 15min 672=7 days, 1344=14 days, 2832=29.5 days (full moon), blue one is EMA20 from chart (4h in this case),
current and previous pivot points gave nice support,
i do not know if this is true or not, this is my gamble setup,
if the price rejects id wait a little bit to see what happens and maybe look for quick short 50>42,
do not ask me how i know, i dont
peace
DOT Long position gamblethis is my position
im using set of weird emas (they came to me literally in a dream) 15min 672=7 days, 1344=14 days, 2832=29.5 days ( full moon ), blue one is EMA20 from chart (4h in this case),
current pivot point gave nice support, previous one is resistance, id look for first TP there maybe,
i do not know if this is true or not, this is my gamble setup,
if the price rejects id wait a little bit to see what happens and maybe look for quick short 7.3>6.3,
do not ask me how i know, i dont
peace
ETH 4h self-explanatory chart 4fun
More like for fun then a serious analysis ?
From a Weekly perspective is ETH forming big bearish divergence
but that doesn´t really mean that ETH can´t have a rallye on a smaller time frame
Keep these two the charts in mind when encrypting current situation
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
ETH, Ethereum , Ether, R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
KEY WEEKLY - UPDATE 12/22/2020 - There's a Bull Run? Had No IdeaWe're still seeing consolidation! This is a very long period of consolidation, obviously, which generally means a bigger move when it eventually comes because you have that much more accumulation that's taken place. More sideways movement means bigger eventually up movement. (hopefully that holds true here at least lol)
We did see our first substantial buy volume in some time on last weeks candle, though it was snuffed out fairly quick into this weeks. That said this week is very young and the alt's are moving like we stole them so there's an alright chance this candle or the next we'll start seeing a breakout.
We're closing in on the end of our wedge, so we gotta move somewhere!
I don't think we'll break down from here, Just can't see that in the cards with how many opportunities it has had in the past... well quarter really. But if it does our support levels are marked in yellow.
RSI is in an interesting spot, showing some strength for the first time since Mid September before stalling just outside oversold.
MACD is fairly neutral: strong position but stalled in a bearish cross.
Short term targets marked green on a breakout if you're trading it that way. If you're holding long term top TP would be good to secure SOME profit, but likely much more headroom long term (see prior ideas for potential targets there.)
Shorting for 28/8/2020Check out the trend the stock is following since past 2 sessions.
It opens high and goes low, will follow the same trend tomorrow and short it.
Join us for more analysis at : chat.whatsapp.com
Lyft Will Break Past $50 Early 2021 - Conscientious StockHear me out here... Lyft is actually a more "green" company than Uber, aside from the fact that its brand is also a lot healthier in terms of corporate stewardship/driver care.
Uber is simply trying to replace drivers with robots, and in the long-term, that strategy is not going to do well in the face of competition from companies such as Google & Tesla.
However, in the short-term Lyft is going to continue grabbing more and more of the market. The pricing is fairer, to the point where I've seen it make more sense for my own earnings/time-value to take a Lyft than to take a bus (bus $5 one way, Lyft $6ish one way in this example). Furthermore, individuals who care about the environment will benefit more from using/investing in Lyft because it is a lot more efficient than Uber in terms of Co2 emissions.
Although there are shared rides for Uber, Lyft's biggest attraction is the shared ride (in my eyes). I don't have the research showing me that Lyft uses less carbon to transport people, but I can tell you that Lyft is going Carbon neutral and Uber is not: www.theatlantic.com
If you are looking for a stock to hold for the next decade, with a high chance of risk and an equally high chance of reward, then Lyft is it. Lyft may end up being acquired by a company like Google or Tesla if the chances are right, but I am not certain of that possibility. What I know is that a network of drivers and riders who appreciate low Co2 emissions and low costs is going to be valuable to the companies that are able to automate driving services using robots (if they want to acquire the network and feed it the technology to profit). Robotics can halve the price of a ride-sharing ride, so if it can do that who has the most to lose? Uber who started out as a "luxury service" and is trying its best to break into everything transportation (food, shared rides, etc), while battling scandals and such, or Lyft who started out as a ride-sharing app for the people BEFORE Uber was invented?
"Lyft may be smaller than Uber, but it has been around longer:
The Lyft app launched in 2012 (Uber, originally called UberCab, in 2009), but Lyft started life as a side project for Zimrides, a carpooling service founded in 2007 that leveraged Facebook and students for long-distance ride-sharing back when Uber was just a limousine-shaped gleam in the eye of Canadian co-founder Garrett Camp." - ride.guru
Yes, Google does have Google Maps which would be a perfect place to "inject" a robotic ride-sharing app into. However, the markets run on human emotions as far as robotics goes. Even though the media is doing its best to open our eyes to the future worlds that are possible through technology, a consumer WILL be more likely to trust Lyft even if it is still dependent on drivers because 1. that will ensure that drivers will still make a living before the majority is able to shift into new jobs (which could take upwards to a decade once robotic driving rolls out), than they will be to trust Google (working with the Chinese from time to time, censoring Google on the Chinese side, etc), or to trust Uber (company that wants to put profits above people, drivers, etc, and does not have a good innovative arm to do it regardless of the investment money that they've been given and continue to burn through).
Thoughts? Concerns? Critiques?
If I Could Buy One Stock for the Next 5 Years,It Would Be NVIDIATake a look at its 720% surge since 2016.
Now I know you might be thinking: Stephen, this stock has already had a heck of a run… why buy it now?
I understand the concern.
But when investing in truly disruptive companies , this way of thinking is often a mistake.
From 2009–2013, Amazon (AMZN) stock gained 680%. Most so-called “experts” said the easy money had already been made. In 2013, CNN “reported” that “Amazon is one of the most overvalued stocks.”
Amazon has soared another 700% since 2013.
Nvidia Makes High-Performance Graphic Processing Units
Nvidia developed the first mass-market graphic processing unit (GPU) in 1999. GPUs use what’s called “parallel processing,” which allows the chips to perform millions of calculations at the same time.
That’s different from the way other computer chips work. Most computer chips, like the one powering the laptop or phone you’re reading this on, calculate one by one.
At first, GPUs were mostly used to create realistic graphics in video games. Remember the blocky Nintendo graphics from the early ‘90s?
The ability of GPUs to process huge amounts of data all at once helped create the movie-like video game graphics you see today.
GPUs Are Ideal for “Training” Artificial Intelligence
I’m sure you’ve seen the Hollywood movies about AI going rogue and attacking humans.
In reality, AI isn’t that glamorous. It all comes down to processing massive amounts of data.
Show a computer millions of pictures of a stop sign, for example, and it will learn to recognize stop signs on its own in the real world.
AI is the driving force behind Google’s self-driving car subsidiary Waymo. As I recently discussed in the RiskHedge Report , Waymo’s robot cars are cruising around America’s roads right now.
At the core of Waymo’s self-driving car fleet is a centralized “brain.” It has learned to recognize stop signs, pedestrian crossings, red lights, and all the other obstacles that human drivers navigate.
The Likes of Amazon, Google, and Microsoft Use Nvidia Chips to Train Their AI
The faster a computer can process data, the faster it can “learn” by recognizing patterns in the data.
Nvidia latest chips process 125x faster than traditional computer chips. They can process 125 trillion data points per second… which slashes AI “learn” times from eight days to eight hours.
This is why more than 2,000 companies including Amazon, Google, and Microsoft use Nvidia’s hardware to “train” their AI programs.
Last quarter, the revenue Nvidia earned from selling AI chips and hardware jumped 82%. In the last two years, AI-related sales have accounted for over 70% of the surge in Nvidia’s revenue. AI sales now make up 24% of its total revenue.
Most Self-Driving Car Companies Use Nvidia’s Products
As I mentioned, Nvidia supplies self-driving car companies with chips that “train” cars’ brains. It also sells hardware that processes data from the cars’ many cameras and sensors.
For example, Nvidia’s self-driving supercomputer, named Pegasus, can tackle 320 trillion operations per second. And it does so using one-third the electricity at just one-fifth the cost of its closest competitor.
Over 370 companies working on self-driving cars now use Nvidia’s products. Auto sales make up just 5% of NVDA’s total revenue today, and I see this exploding higher over the next few years as true self-driving cars roll out.
I mentioned earlier that $100 billion has been spent on developing self-driving cars so far. With the likes of Google and Apple pouring billions into driverless projects, I see that jumping to $1 trillion over the next two to three years.
Thanks to its superior technology, I expect Nvidia to capture a large chunk of this.
It’s a “High-Flying” Tech Company, but Extremely Profitable
Nvidia is nothing like many of the barely profitable tech darlings (like Netflix) out there.
While many high-flying tech stocks get by on stories and hype, Nvidia is extremely profitable.
It has a net profit margin of 33%. That is, for every $1 in sales, $0.33 becomes pure profit.
That’s better than Google’s 21% margin… and even Microsoft’s 29%.
Nvidia’s high margins allow it to continually pour cash into Research & Development (R&D). It reinvests close to 20% of its revenue into R&D every year, which is a key reason why it has blown away its rivals.
Nvidia is financially sound, too. It’s sitting on a record $7.95 billion in cash. Which is enough to pay off its total debt four times over.
Why I’m Not Concerned About Nvidia’s Price-to-Earnings (P/E) Ratio of 39.
Can buying a stock at such a high valuation be risky? Sure. But Nvidia deserves its rich valuation.
Nvidia’s earnings are growing at almost six times the rate of the S&P 500. Yet its P/E ratio is not even double the S&P’s.
I think investing in a company like Ford (F), with a P/E of 5, is far riskier than buying NVDA. I can hear the groans coming from the value investors out there.
But the fact is, Nvidia is leading the self-driving revolution… while Ford is going to get crushed by it.
Because it is powering today’s most disruptive trends, I see Nvidia doubling over the next two years.
$KEY Selfkey: Approaching two potential break pointsTaking an aggressive stab here. If we don't bust out of this handle in the next hour or so, the next squeeze will likely be sometime tomorrow afternoon. I'm betting we jump sooner rather than later, but if we miss the yellow zone then orange is backup (pending review). Watch closely... after breaking resistance it could jump towards 270+ quickly.
Note: this is probably overly optimistic, but I'm dying for some crypto hope
next target 1000 sats + (1 month) MEGA GAINStechnical analysis clearly shows that we are going to the motherfuckin moon boys. buckle in because selfkey has some killer partnerships coming your way >:-)
Apple looms large in self-driving car pushThere are more details out on Apple's (NASDAQ:AAPL) self-driving car program.
Included in documents released by the California Department of Motor Vehicles to Reuters are training plans for "operators" to take back control of a self-driving car and signs of an Apple
development platform that can "capture and store relevant data" before a collision occurs.
This Is a market already exploding good spot to be