Massive Massive arrowI'm very serious ! It is a little-known asset but that will be worth gold. ...
I think you should have some in your wallet!
The technology is infinitely good and very useful in the field of CGI, FX, and science for computing power!
The long-term target is huge! A big jump is to be expected towards the end, beginning of 2022
Technology
Redington ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
NAS selling idea based on us jobless claimsNAS selling idea based on us jobless claims and further technical analysis. further trade directions on the chart. MEsage me about getting more info via my persona website!
continued support for five g (FIVGthere should be continued support for fiveg stocks into the end of the year pushing FIVG back up toward $41
$MIRM sniper edition #2*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $MIRM on October 29, 2021 at $15.70 per share. Our first take profit is at $21.
My team averaged down on our position today at $13.57 per share bringing our share average to $14.63 per share.
Our First Entry: $15.70
Our 2nd Entry: $13.57
First Take Profit: $21
2nd Take Profit: $26
If you want to see more, please like and follow us @SimplyShowMeTheMoney
two different directions for NVDAthe thought that NVDA could bear flag is upsetting to some, but the price could be lower, in which case rsi, stoch, macd would diverge bullishly. like wise a gap down that is bought, and confirms 4hr higher lows could be another trip to overbought levels on multiple timeframes
The "Q"We recently bounced off of a point of control on the 3 hour timeframe for the QQQ. The previous high has been broken. A lower high seem to have been made as of Dec 3rd and rejected off of the 200 ema (purple) . The 50/20 (orange/green) ema has crossed and price could retrace 50% of previous high give this information. A 50% retracement of the previous high would put us at $393.
AAPLSince early September, AAPL's price touched the top orange line on the Bollinger bands about 4 times. After it touches, price has the proclivity to retrace the previous low. A retracement towards $161 would be a 38% retracement. Previous high was broken after a higher low was made. Price has recently retraced 38% however, a lower high was made on the 1 hour timeframe.
NVDA sell climax nearthe indication is that NVDA will continue to find support near $301 and move toward the $315 area
nasdaq futures recovery (TQQQ)theres reason to believe a releif rally will come in the form of big tech and the nasdaq futures finding support and TQQQ moving back toward the $155 area
12/6-12/10 | Watchlist #2 | $QQQ $QQQ -380
(Under 380 for puts)
Price targets:
$380->$375
Technical analysis:
- Break down to lower bound of linear regression channel
BTC - Take Your Time - We Are Hodling!Hello Trading Family, if you like the idea, do not forget to support with a like and follow.
As per my last weekly analysis (attached below), BTC is approaching a demand zone in green and the lower brown trendline of the wedge pattern.
on H4: BTC is overall bearish from a medium-term perspective trading below the blue trendline, but since it is approaching a support zone, we will be looking for buy setups.
But before we buy, we want the bulls to take over again.
For example, and as per my trading style, I will be waiting for a new swing high to form around the blue trendline to consider it valid and then buy on its break upward.
Meanwhile, until the buy is activated, BTC would be overall bearish and can still dive inside the green zone.
In this case, we will be looking for new buy setups to form.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Agilent Long Chance on Moving AveragesAgilent just touched the MA200 and EMA200.
NYSE:A could bounce back to the previous high or maybe to the all-time high.
weekly chart: Long trend
monthly chart: Long trend
if Agilent continues the downtrend under the MA200 and EMA200, close position
My 5cents about AMD short term tradingIt seems like AMD has break the tunnel and continue going upwards, although tapering and interest rate hike kicking in, I believe it will still have momentum to continue moving up and beyond. however, for a shorter term trading strategy, I just use the tunnel height as a target.
Buy $BLOK - NRPicks 01 OctThe fund is an actively managed ETF actively engaged in the development and utilization of transformative data-sharing technologies. It may invest in non-U.S. equity securities, including certificates of deposit.
TSX Technology Index TTTKAlways important to keep in mind the bigger picture
Textbook patterns.
Test of 200 dma again most likely in the short term.
Good opportunities to add more exposure to this sector just be patient for now
Brief overview of the stocks of the 2 major GPU manufacturersRecently I decided to take a delve into the sector of the stock market that truly represents my personal interests, the performance PC hardware sector. I've been performing investigation into various companies such as NASDAQ:INTC (Intel Corporation), NASDAQ:NVDA (Nvidia) & NASDAQ:AMD (Advanced Micro Devices). In many peculiar ways, these companies are very similar but also have some startling differences. What caused me to publish this idea, despite the fact that I am trying to build up some reputation, is I was doing some comparisons between Nvidia and AMD as they are the 2 major competitors in the graphics card market which is currently in some state of paralysis. During my brief investigation, I was trying to identify which option would be a viable option for 3+ year investment. Through some comparison I've come to notice some surprising facts about each company.
First of all, AMD was not a competitive company for more than 10 years after their "birth". Around 5 years ago they were on the brink of bankruptcy, due to various factors including more debt than what could have been considered manageable or sustainable. Since then, Lisa Su was appointed CEO of AMD and pulled the company straight out of that sticky situation. Since then AMD has risen in price more than 1300 percentage points. The company has attained a fairly stable financial position and moderate PE ratio in comparison to its competitors. Considering its growth, the PE ratio and earnings per share are actually impressive.
Nvidia has been established for a significantly longer period of time and have diversified within the hardware market to try maintain their monopoly as best they can despite companies such as AMD coming along and "rocking the boat". Between these 2 companies, they are sitting at very similar positions in the present bull market (At least from the perspective of an investor seeking a diversified portfolio). Due to Nvidia being listed for a considerably longer period of time, they have had time to grow and their overall market cap is sitting at just over $800B whilst AMD is sitting at a quarter of this. Both companies on the other hand have very similar EPS of $3.28 (AMD) and $3.30 (Nvidia). Based solely on statistical indication, AMD will prevail as the best investment choice as they have maintained a considerably lower PE ratio versus Nvidia (47.93 AMD; 97.17 Nvidia) and the PE hints towards their future performance as it has done in the past.
Obviously a multiplier of 47 is by no means 'attractive' but in comparison nearly 100, I would far rather put my money in AMD especially considering how good management at AMD has become, the overall stability is reassuring from a speculative stand point.
TL;DR: AMD is looking to be the far more appealing investment versus Nvidia (lower PE, similar EPS considering stocks available and company capacity)
11/29 | QQQ | Watchlist #1 QQQ -387
(Below 387 for puts)
Price targets: $383, $375
Technical Analysis: QQQs has been in a linear regression channel for the past year so under 387 will begin retesting the bottom of the channel
Rationale: With increased news of a new covid variant, if QQQs continue to sell off, the plan is to buy and hold a $380 put for a month's expiration 12/24
#PLTR - Reversal H&S under formation. Get ready to go...Palantir is showing a right shoulder under formation, with the characteristic that the volumes on the head are low, as it should be for this kind of reversal pattern.
In my opinion the price is now targeting the 21.30$ level, where it will probably and ultimately breaking the H&S neckline. This might be happening today or on Mon-Tue next week and not necessarely in today session
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#PLTR reacts well on 20$ support and closed above yesterday highAs I shared this morning, I hoped for a daily close abve the high of the yesterday doji candle. The price managed to close higher than that and this is to me a great sign of possible reversal and confirmation of the rebounce from the 20$ level.
I just would like to mention that the last two times the RSI touched the oversold territory (May and July 2021) the price reacted reaching an average of 45% increase and I want to think that this might be happening again this time.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#PLTR - Price possibly rebouncing from key support at 20$?Hi All, my main 3 take-outs from this analysis are the following:
1- Price possibly rebouncing from a key support of 20$ (price has been moving between 27$ and 20$ since a lot f time)
2- 4H chart shws engulfing bullish pattern as also an RSI in oversld territory, which might be a god sign of possible reversal from these levels
3- There are still two gaps at 24$ and 27$ (as also at 31$) that will be needed to be filled sooner or later
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NDX analysis 11-22-21 Sell off immanent ?NDX analysis market sell off immanent or massive reversal to new highs?
VMW showing some super bullish signsVMW recently split off from DELL and went out on it's own, which is great news as anything AI and cloud right now is super bullish and besides it's the only one i feel that can actually compete with AMZN Cloud AWS, tbh i'm planning on doing a break down video for this play maybe try to get it out before it reports earnings so i can help show people it has some great fundamentals and coming from one of the TECH giants DELL shows nothing but upside potential in my book as you can see it is on this down trend and has had some false breaks through but being that alot of tech plays are starting to pick up steam it will be one that i will be watching for to get a nice break out to the top side.
