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BROADCOM Best buy opportunity since September for $223.Broadcom Inc. (AVGO) hit its 1D MA100 (green trend-line) on Friday for the first time in more than 2 months (since September 11). This is the best buy opportunity since then as the dominant pattern remains the Bullish Megaphone. On top of that, it appears that we are currently within a Bull Flag, similar to the one that was completed when the 1D MA100 was hit and held last time on April 19 2024. The 1D RSI sequences between the two fractals are also very similar. That Flag initiated a price rebound above the 2.5 Fibonacci extension. As a result, we turn bullish on AVGO again, targeting $223.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AVGOLong
by TradingShot
3
TESLA Will it turn the former 2-year Resistance into Support?Tesla (TSLA) fulfilled our August 15 buy signal (see chart below) as after the minor pull-back we expected, it rose aggressively on its new Bullish Leg of the 2-year Channel Up and came close to a new Higher High: The correction of the past 4 days may be one last great short-term buy opportunity as it hit yesterday the former Resistance Zone of July 2022. If it holds, it will turn into its new technical Support Zone, thus will be an additional buy for out $380.00 Target. Beyond that we need to see the ATH break before formulating a new strategic plan on the pattern that will emerge. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLALong
by TradingShot
2
META can turn bearish if it fails to break this Channel.Our previous call on Meta Platforms (META) was on July 26 (see chart below), almost 4 months ago when we gave a strong long-term buy signal on the 1D MA200 (orange trend-line): Despite the excellent timing of the call, we has seen in the past 30 days that the price action has diverged from the model and the current Bullish Leg of the Channel Up isn't as strong as the previous two inside a 2 year span that each rose by +95%. The price has instead turned sideways, mimicking the price action of the two Accumulation Phases that emerged after each of the Bullish Legs topped. The 1D RSI being on a Bearish Divergence (Channel Down already) technically agrees with that, so if you followed our July buy call, it might be best to book the handsome profit now and wait. What to wait for? Well it all depends on a new pattern that has emerged, a Diverging Channel Up (dashed trend-lines). As long as the price is trading inside it, there is greater probability to give us a lower buy entry near the 1D MA200 (orange trend-line) again. In that case we will take it and target the top of the Diverging Channel Up at $660. In the event that the price breaks above the Diverging Channel Up, we will buy the bullish break-out and pursuit the previous $800 Target as that would mean that the original 2-year Channel Up remains the underlying pattern dictating the long-term movement of the stock. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
GOOGLE Enormous upside confirmed by a 1W Bullish Cross eyes $235Alphabet Inc. (GOOG) has been trading within a 2-year Channel Up since the October 31 2022 bottom of the Inflation Crisis Bear Cycle. Having already started the new Bullish Leg of the pattern following the rebound on the 1W MA50 (blue trend-line), the price completed last week a MACD Bullish Cross on the 1W time-frame, the first since March 25 2024. That was halfway through the previous Bullish Leg. The 2-year Channel Up has only given us another 3 such MACD Bullish Crosses, so this is in fact a strong and rare bullish signal. As you can see, so far we've had two major Bullish Legs within the Channel Up, both topped after roughly +60% price increases and both reached at least the 2.382 Fibonacci extension measured from their respective corrections. Since the 2.382 Fib extension is this time considerably above the Channel Up, it is only natural to assume that yet again the Bullish Leg may complete a +60% rise from the September 09 bottom. As a result, our Target towards the end of Q1 2025 is $235.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:GOOGLong
by TradingShot
4
Is the Next Cybersecurity Giant Already Hiding in Plain Sight?At a time when most tech companies are navigating turbulent markets, Fortinet's remarkable Q3 performance tells a story that goes beyond mere numbers. With a 13% revenue surge to $1.51 billion and service revenue climbing 19.1% to $1.03 billion, the company isn't just growing – it's redefining what's possible in the cybersecurity landscape. But the real intrigue lies in the phoenix-like resurrection of its firewall business, which has returned to positive growth after several quarters of decline, suggesting a strategic mastery that few companies have achieved in this sector. The convergence of three critical factors sets the stage for what could be a transformative period in Fortinet's journey. First, the imminent arrival of the largest firewall refresh cycle in the company's history, set to peak in 2026, creates a rare market opportunity. Second, the company's aggressive expansion into generative AI, now spanning seven different products, positions it at the forefront of technological innovation. Third, institutional investors are taking notice, with Los Angeles Capital Management LLC increasing its holdings by an astounding 3,155.6% – a vote of confidence that speaks volumes about the company's prospects. What makes this narrative particularly compelling is Fortinet's ability to execute on multiple fronts simultaneously. While most companies struggle to maintain growth in their core business while innovating for the future, Fortinet has managed to do both. The company's CFO, Keith Jensen, notes that the upcoming refresh cycle will uniquely impact mid-range firewalls – a departure from historical patterns that typically focused on entry-level products. This strategic positioning, combined with the company's AI-driven innovation and strong financial fundamentals, suggests that Fortinet isn't just participating in the cybersecurity market's evolution – it's actively shaping it. The question isn't whether Fortinet will continue to grow, but rather how far its influence in the cybersecurity landscape will extend. As cyber threats become increasingly sophisticated and digital transformation accelerates across industries, companies that can successfully blend networking and security while leveraging cutting-edge AI capabilities will likely emerge as the leaders of tomorrow. Fortinet's current trajectory suggests it's not just preparing for this future – it's already there, waiting for the rest of the market to catch up.
NASDAQ:FTNTLong
by signalmastermind
1
Is Apple's $1.5B Satellite Deal the Future?In the rapidly evolving world of satellite communications, a transformative partnership has emerged between tech giant Apple and satellite operator Globalstar. This landmark $1.5 billion agreement has the potential to reshape the way we connect in remote and underserved regions, inspiring questions about the future of global connectivity. At the heart of this deal lies Globalstar's commitment to develop and operate a state-of-the-art mobile satellite services (MSS) network. Backed by Apple's substantial infrastructure prepayment of up to $1.1 billion and a $400 million equity investment, Globalstar is poised to enhance the reliability and coverage of emergency satellite communications for iPhone users worldwide. This strategic alliance not only demonstrates Apple's long-term vision for satellite-based connectivity but also positions Globalstar as a dominant player in an industry that is expected to witness a surge in activity in the coming decade. As the satellite communications sector braces for the launch of an estimated 50,000 satellites into low-Earth orbit, this Globalstar-Apple partnership stands out as a game-changer. By dedicating up to 85% of its network capacity to Apple, Globalstar is solidifying its role as a critical infrastructure provider, catering to the growing demand for seamless connectivity in remote and underserved regions. This move, coupled with Globalstar's plans to expand its satellite constellation and ground infrastructure, suggests a future where satellite-based services become increasingly integrated into our everyday lives. The financial implications of this deal are equally compelling. Globalstar projects that its annual revenue will more than double in the year following the launch of the expanded satellite services, marking a significant improvement from its recent financial performance. Furthermore, the company's ability to retire its outstanding senior notes and secure favorable adjustments to its funding agreement highlights the transformative nature of this partnership, positioning Globalstar for long-term growth and stability in the evolving satellite communications landscape.
AMEX:GSATLong
by signalmastermind
Can a Crystal Ball Really Predict the Future of Tech?In an era where artificial intelligence promises to reshape the technological landscape, Palantir Technologies has emerged as a testament to the power of long-term vision meeting present opportunity. The company's remarkable third-quarter performance, marked by a 30% revenue surge to $725.5 million and doubled net income, isn't merely a financial triumph—it's a validation of two decades spent perfecting the art of data analytics while others were still grappling with its fundamentals. What sets this trajectory apart is Palantir's unique ability to bridge two seemingly disparate worlds. On one side, its deep-rooted expertise in government and defense contracts, evidenced by a 40% growth in U.S. government sales to $320 million, demonstrates unparalleled capability in handling sensitive, mission-critical data. On the other, its commercial division's explosive growth, particularly in the U.S. market with a 54% revenue increase, reveals an organization that has successfully translated complex government-grade technology into practical business solutions. The company's strategic positioning, however, tells a more intriguing story beyond the numbers. While competitors scramble to adapt to the AI revolution, Palantir's Artificial Intelligence Platform (AIP) represents the culmination of years spent understanding the nuances of data integration and security. This foundation, combined with innovative approaches like their hands-on "boot camps" where clients work directly with Palantir engineers, suggests that perhaps the company named after Tolkien's all-seeing orbs has indeed developed a knack for anticipating the future of enterprise technology.
PLong
by signalmastermind
MICROSOFT has bottomed. Dont miss this once/year buy opportunityMicrosoft (MSFT) has been trading within a Fibonacci Channel Up since the October 2022 market bottom following the Inflation Crisis. Since the August 05 2024 Low on the 1W MA50 (blue trend-line), the stock has struggled to get detached from it and stage a sustainable rally. This prolonged volatility can be seen however on both previous Lows of the Channel Up, while the price was attempting to price a bottom. Technically it is around the same levels as February - March 2023 (again below the 1W MA50). As you can see, this kind of buy opportunity emerges roughly once a year on MSFT and posts a rise or roughly +50% from the bottom, with the last Higher High priced on the 1.5 Fibonacci extension. As a result, our long-term Target is now set at $550. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:MSFTLong
by TradingShot
3
Can Nintendo's Next Move Redefine Gaming Again?In the high-stakes world of gaming entertainment, Nintendo stands at a fascinating inflection point. With a 69% profit plunge and declining Switch sales, conventional wisdom might suggest trouble for the Japanese gaming giant. Yet, history shows that Nintendo often thrives most when challenged, using periods of transition to revolutionize how we play – just as they did with the Wii's motion controls and the Switch's hybrid concept. The company's current strategy reveals a sophisticated understanding of modern entertainment ecosystems. While managing the sunset of the Switch era, Nintendo is simultaneously expanding its reach through Hollywood partnerships, innovative hardware accessories, and digital services. This multi-pronged approach suggests that Nintendo's vision extends far beyond traditional gaming boundaries, potentially setting the stage for a more comprehensive entertainment experience. What makes this moment particularly intriguing is Nintendo's proven ability to create new market categories rather than just competing in existing ones. As the company prepares to announce its next gaming platform before March 2025, the real question isn't just about new hardware specifications – it's about how Nintendo might once again reshape our understanding of entertainment. With its rich IP portfolio and history of innovation, Nintendo appears to be orchestrating not just a product launch, but potentially a new chapter in how we interact with digital entertainment. The coming months will reveal whether Nintendo can once again transform challenge into opportunity, as it has done repeatedly throughout its 134-year history. For investors and industry observers alike, this represents more than a financial turning point – it's a window into the future of interactive entertainment.
TSE:7974Short
by signalmastermind
AMD Can it survive this horrific week?On August 13 (see chart below) we called the start of the new long-term Bullish Leg on Advanced Micro Devices (AMD), as a week before it entered the 2-year Higher Lows Zone and rebounded: Still, the road (green Channel Up) isn't without its hurdles, and one of them is this week where the price is again being brutally sold towards the Higher Lows Zone. Notice that during the previous 2-week correction (August 26 - September 03 1W candles), the Zone's top was tested and held. As a result, the multi-year trend remains bullish and will be this way for as long as the Higher Lows Zone holds. It is interesting to observe at this point that the Bearish Phase of this pattern (March 04 - August 05) was in the shape of a Bearish Megaphone and can be compared to the one that bottomed on October 10 2022 and practically started the new Bull Cycle. Notice also that so far each Bullish Leg (green Channel Up) rose by +141.87%. Within this comparison, and if we plot the Fibonacci levels from the Leg's bottom to top, we can see that the first Bullish Leg also had a rejection on the 0.618 Fib level and pull-back below the 0.786 into the Higher Lows Zone. Obviously the current correction isn't ideal but it is not something we haven't seen and is within the tolerance levels of this 2-year pattern. We expect another +141.87% rally to be concluded on this Bullish Leg, so our Target is straight up $295.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:AMDLong
by TradingShot
Analyzing Sector Dynamics and Momentum ShiftsIntroduction: The performance ratio between the communications sector (XLC) and the technology sector (XLK) highlights two of the market's leading sectors, both of which feature overlapping companies. While XLC has been a strong performer for much of the year, it has recently shown signs of weakness, even lagging behind traditionally defensive sectors like utilities. Historically, technology has maintained more consistent strength compared to communications. Analysis: Sector Comparison: The XLC-to-XLK ratio helps gauge the relative momentum between these two sectors. Recent weakness in XLC, paired with XLK’s historical stability, suggests a shift in relative strength back toward technology. Rectangle Pattern: Currently, the XLC-to-XLK ratio displays a rectangle formation, which hints at a potential continuation of the downtrend should the ratio break below the rectangle’s lower trendline. This pattern could indicate that XLC’s outperformance may have peaked for now. Momentum Shift: Although XLC has shown some recent underperformance, any shift in momentum away from communications is likely to be gradual rather than abrupt, given the current technical setup. Conclusion: The relative performance of XLC and XLK is crucial for understanding current sector dynamics and where momentum may be shifting. While technology remains robust, the recent pattern in the XLC-to-XLK ratio suggests a possible weakening in communications. Traders should watch for a break below the rectangle pattern to confirm a continuation of the downtrend. What’s your view on the XLC-to-XLK relationship? Share your thoughts below! Charts: (Include relevant charts showing the XLC-to-XLK ratio, the rectangle formation, and the potential breakout areas) Tags: #Communications #Technology #SectorAnalysis #XLC #XLK #TechnicalPatterns
AMEX:XLC
by Richtv_official
When Does a Digital Guardian Become a Digital Liability?In a dramatic turn of events that has captivated both Wall Street and Silicon Valley, a routine software update has spiraled into a half-billion-dollar legal battle between two industry titans. Delta Air Lines' lawsuit against cybersecurity leader CrowdStrike raises fundamental questions about corporate accountability in our increasingly interconnected world. The incident, which paralyzed one of America's largest airlines for five days, serves as a stark reminder of how thin the line has become between digital protection and digital vulnerability. The case's implications stretch far beyond its $500 million price tag. At its core, this legal confrontation challenges our basic assumptions about cybersecurity partnerships. When CrowdStrike's update crashed 8.5 million Windows computers worldwide, it didn't just expose technical vulnerabilities—it revealed a critical gap in our understanding of how modern enterprises should balance innovation with stability. Delta's claim that it had explicitly disabled automatic updates, only to have CrowdStrike allegedly circumvent these preferences, adds a layer of complexity that could reshape how businesses approach their cybersecurity relationships. Perhaps most intriguingly, this case forces us to confront an uncomfortable paradox in corporate technology: can the very systems we deploy to protect our infrastructure become our greatest point of failure? As businesses pour billions into digital transformation, the Delta-CrowdStrike saga suggests that our cybersecurity paradigm might need a fundamental rethink. With federal regulators now involved and industry leaders watching closely, the outcome of this battle could redefine the boundaries of corporate liability in the digital age and set new standards for how we approach the delicate balance between security and operational stability.
NASDAQ:CRWDShort
by signalmastermind
NETFLIX Earnings is setting it up for $840.Netflix (NFLX) is already one of the big winners of the earnings season as it announced Q3 results that exceeded expectations and saw the price up by more than +11.00% on Friday. Even technically that is a big win as the rebound came from a Thursday test of the 1D MA50 (blue trend-line), the first in 2 months (since August 14). The stock has been trading within a Channel Up for a whole year (since the October 18 2023 Low) and now has the perfect fundamental excuse to aim higher. The 1D RSI shows a similar pattern so all previous bottoms with the Channel Up (Aug 05 2024, April 22 2024, January 17 2024, October 18 2023) so either a 3.0 Fibonacci extension or a +25% rise is expected. This time both happen to be just over $840.00, so we can claim that this is a reasonable target to aim for during this Bullish Leg. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXLong
by TradingShot
Digital Dreams, Nuclear Reality: Is AI Sparking a Revolution?In an unprecedented fusion of cutting-edge technology and atomic power, Oracle's latest venture illuminates the extraordinary energy demands reshaping our digital landscape. The tech giant's bold decision to power its next-generation AI facilities with nuclear reactors signals more than just an infrastructure upgrade – it represents a fundamental shift in how we approach the intersection of computational power and energy resources. The numbers tell a compelling story: with data centers already consuming more electricity than entire nations and AI operations demanding exponentially growing power supplies, traditional energy solutions are proving insufficient. Oracle's gigawatt-scale ambitions, powered by small modular reactors, showcase an innovative response to this challenge, potentially revolutionizing how we fuel our digital future. As tech titans race to build increasingly powerful AI systems, Oracle's nuclear gambit raises fascinating questions about the future of technological progress. Will this marriage of nuclear power and artificial intelligence unlock unprecedented computational capabilities, or are we witnessing the dawn of a new era where the limits of power generation become the primary constraint on digital innovation? The answer may reshape not just the tech industry, but the very framework of our energy infrastructure for generations to come.
NYSE:ORCLLong
by signalmastermind
COINBASE Enormous upside from this point. $360 minimum Target.Coinbase (COIN) has staged a strong bullish turnaround since our last analysis (September 09, see chart below) and it appears that we caught the perfect bottom buy: The stock has been trading within a long-term Channel Up since the first week of January 2023 (22 months). Within this time span, it has seen 4 corrections with the latter being the longest as we haven't seen a new High since the week of March 25 2024. The current correction is almost the same (-48.50%) as the January - April 2023 (-47.15%), while the other two have been around -39%. The key for now is to close a 1W candle above both the 1W MA50 (blue trend-line) and the 1D MA50 (red trend-line). That will be the last confirmation for this Bullish Leg. This on its own is a very pessimistic development, with the presence of only the 1W MA100 (green trend-line) remaining to offer support long-term. Now as for the upside, the minimum % rise of a Bullish Leg within this Channel Up has been +146.82% (two times). As a result, as long as the 1W RSI closes this week above its MA trend-line (yellow), a bullish signal that emerged on all previous 4 bottoms of the Channel, we can expect the new Bullish Leg to rise on a minimum +146.82% from its bottom, which gives us a $360.00 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:COINLong
by TradingShot
6
Uber (UBER): Missed the Rally? Here comes new opportunitiesIt's been a while since we last looked at Uber, and the stock has moved perfectly since then. Uber reacted exactly as expected to our desired area, but unfortunately, we didn’t buy any shares at the time. If you did, congratulations – this position is now up 60.8%! Shares of rideshare companies Uber Technologies and Lyft surged on Friday, following Tesla's underwhelming Robotaxi reveal. Uber has shifted its focus away from developing autonomous vehicles and is instead concentrating on expanding its marketplace for riders and drivers. This shift has created a robust network effect, making it increasingly difficult for competitors to match Uber's scale, according to a recent report by Business Insider. Uber’s asset-light business model, which doesn't involve owning or maintaining vehicles, has been financially successful, generating $1.7 billion in free cash flow in the second quarter. Now, Uber has reached a new all-time high, and if we look back at the chart, it's easy to see a clear and powerful pattern. After entering our desired area, Uber made a sharp V-shaped correction, followed by a key level retest. In a short period, NYSE:UBER turned bullish, marking a complete turnaround. We will be closely watching Uber Technologies' upcoming earnings report, scheduled for October 31, 2024. After this event, we’ll update our chart and look for possible new opportunities.
NYSE:UBERLong
by freeguy_by_wmc
15