Technology
Intel Corp.Company Description:
Intel Corporation is one of the world's largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.
Analysis:
When taking a look at the 4 hour chart, I see a few indicators that give me bullish sentiment:
1. Candles near strong support.
2. RSI Oversold.
3. Mac D on it's down side.
4. High before the most recent previous high was broken.
5. 200/50 EMA Cross w/ 2 Orange Renkos.
Looking for a price target of $57 and up! Not Financial Advice. Always Do Research Before Decision!
GM - The Tesla Crusher - EV Push - Valuation & Sales*rising rates environment will smash the Dogefathers Ponzi Pogs. Forward P/E is a NOGO from now on. *valuation & PROFITS NOW matter most.
I'd enter with a 50% stack. DCA if need be. I doubt you get a chance at anything meaningful. The chip play for EVs and others.
#checkmate STORYTELLERS
#investingnfts
Go Small Cap Gems!
VMWARE MONTHLY AMAZING HEAD AND SHOULDERSVMware, Inc. is an American cloud computing and virtualization technology company headquartered in California. VMware was the first commercially successful company to virtualize the x86 architecture. Excellent bullish break of a head and shoulders on a monthly timeframe that can be used as an entry point on this asset.
CSCO Log Chart AnalysisGood reclaim of important monthly level, I'd prefer to see a nice retrace back to 57s but the opportunity cost may outweigh the better entry. We're entering peak euphoria ranges from the internet bubble... if we escape this range, north of $82 the fun really starts. All time highs are a mere 40% away, with 50%+ upside from there.
Take profit levels marked using fib retracement of the internet bubble top and bottom. I expect this to run from this spot, good R:R with scaled stops under the monthly level.
Considering this analysis was done at high time frame, it may take a while to play out. Below 53.41, I think this trade is invalidated.
AMAT running out of steamNASDAQ:AMAT has been seriously testing its dynamic support through last weeks earnings report, but has not yet posted a full daily candle beneath. Still, that support has been functionally invalidated by 4 successive candles poking through. In my opinion, a new technical structure is therefore forming. How price action respects the MA200 and/or key supports in the 115-120 range will help define the new channel and pattern.
The largest potential drop (excluding external catalysts) could be to the 118 level, i.e. at the confluence of the MA200 and 19MAY low.
Longer term, NASDAQ:AMAT will continue to post blowout earnings, which should lead to new ATH in late 2021/early 2022. In the meantime, we may see it continuing to trade on the lower side of FMV with a weak upward trend.
McDonalds Ponzied - Rising Rates Environment - Volume MIAAlways up. Buys only. Bla Bla. The MCD in our town just upgraded to a double lane drive thru. Is that a clue? Large caps gobbled up all the smalls. I liked our mom n pops too. Shame. MCD ate them all. So sad. Time to pay their fair share! Corporate tax rates will get the hike they deserve.
*Revenues from abroad. Shipped from abroad. Expenses abroad. wow. Milkshakes on backorder from where??? Shame.
Large cap Stonks. Hold for broke in a rising rate environment.
Go small Caps!! #MSOgang
Bursa Technology Index predicts to Rally if able to break ATHBursa Tech Index shown a good example of compliance to Fibo Extension.
2nd High/ATH is at Fibo extension of 1.618 and retrace to Lower High. this HL is well supported (2x double bottom)
If the index break 93.9 (ATH) - Technology Index and its counters should rally together with Bursa Index.
Observer the STO cross, which shows an early rally indicator.
Ford Lightning - Upcoming Best EV Sellers - Prove it!EVS have been hyped forever now. Lets see if Ford's supply chain can hold up and beat out the goofy Ponzied Cyber Truck. Gross. Anyway.... everything rally is up. Find quality with profits TODAY, not 20 years from now!
*valuation matters
NOMO FOMO
Stop Pogging! Learn to Invest. You'll do great.
Growing Stocks to Watch in the Chinese Market: (WIMI:NASDAQ)The regulatory and other uncertainties in the Chinese market directly impact sectors like fintech, gaming, and education. Winners will be companies that have benefited from the regulatory change or captured the newly emerging opportunities.
WiMi Hologram Cloud (WIMI:NASDAQ)
WiMi Hologram Cloud is one of China's top holographic Cloud technical solution providers that focuses on AR automotive HUD software, 3D holographic pulse LiDAR and holographic microelectronics. Frost & Sullivan, for instance, described WiMi's holographic AR application platform as one covering the most comprehensive set of AR products in China.
WiMi reported a 140% year-over-year increase in revenue from CNY 319 million in 2019 to CNY 766 million in 2020. The net income before the impact of stock compensation expenses was CNY 40.3 million in 2020, presenting a decreasing trend mainly due to a 362.8% increase in R&D expenditure.
Also, with the increasing application solutions demand on the 3D vision-related semiconductors, WiMi broke into the market. WiMi's 56% of the 2020 revenue was contributed by its semiconductor business, which was just launched in July of that year. Along with the rise in the Chinese semiconductor industry that is vigorously supported by the state, the business is going to build a new growth curve for WiMi.
For the full article with the charts, please visit the original link.
$ARKK: Cathie vs Burry, Which Side Will You Choose?The 120 level on ARKK continues to act as a very prominent level. What would you do?
ARKK 120 features a prominent low volume node and now we have a chance to meet this level with the falling trendline that starts from the Feb high to the June 2021 lower high. Together these forces will meet and ultimately decision in the coming weeks. I'll let time tell me which way I'll play this one but will the Russell 2000 be a canary in the coal mine or will it successfully squeeze bears like it's been known to do. You may also look to the Fed and forex markets to see how the dollars role may play apart. Good luck traders!
NAS100 H1 SETUPThe Nas100 is trading at the top of a corrective structure on the H1 time frame and is currently in wave 4. This means that there are two options on the table. In my opinion we are more likely to see option one play out but that is definitely not guaranteed.
Option one is that the price breaks the top of the structure and moves to the target area of 15280.
Option two is that there is a retracement to complete wave 5 to the bottom of the structure before the reversal and break to the target area of 15235.
The weekly time frame setup suggests that the target to the upside is around the 15750 mark so I am looking to trade all the smaller long setups up to that level. From there I will need to watch for structure formations in order to see direction.
Happy trading!
Linton White
QuickTrade
Disclaimer
This information is not intended as advice or as a trading signal. Should you use this information in any way whatsoever, you do so at your own personal discretion.
A Glance at Tencent's Insurance Technology VenturesTencent has also sped up its venture into the insurance industry. In 2016, Tencent invested in Waterdrop Inc, which turned out to be China's first Insurtech stock (WDH:NYSE), as one of the angel investors. In 2017, Tencent also received the admission ticket, which is an insurance license for its Weimin Insurance Agency Co., Ltd or WeSure issued by CBIRC.
WeSure
Launched in 2018, WeSure had attracted about 50 million clients as of November 2020. Meanwhile, the number of its registered users has exceeded 100 million. Benefiting from the powerful data networks of WeChat and Tencent's other platforms, WeSure has provided its partners with vital insurance-related technologies, including anti-fraud, risk identification and precision marketing. Users can make insurance purchases, inquiries and claims directly on the firm's vastly popular instant messaging and lifestyle platforms, WeChat and QQ.
WeSure has its own edge competing with AntSure. AntSure focused on 'insurance supermarkets' and relied upon cost-effective products based on natural flow conversion from its ecosystem. On the other hand, the focal points of WeSure are its selective customized products and real-life consulting services, which can provide enhanced one-on-one services to help customers with insurance configuration, claims assistance and more. Besides, WeSure has always taken the initiative to partner with foreign insurers, such as AXA and MetLife, to further expand the scope it can reach. In the early stages of COVID-19, WeSure and AXA launched an insurance plan which protected more than 100,000 front-line medical service staff, and the total insured amount of people through WeSure is over 15 million since the outbreak.
In addition, WeSure has actively explored charitable opportunities through the use of online insurance; for instance, WeSure established the 'WeSure Charity Fund' to enhance the effectiveness of insurance as a social stabilizer through leveraging the Internet and insurance to increase participation in philanthropy.
Bottom line
Despite the regulatory shakeups, WeSure and AntSure remain key tech-powered driving forces in China's insurance domain, embracing the potential to reshape the industry landscape.
For the full article with the charts, please visit the original link.
Xiaomi Expects to Invest Over CNY 13 Bn in R&D in 2021Xiaomi's official Weibo showed that the company's investment in technology research and development (R&D) had increased steadily over the past two years.
On August 8, Xiaomi officially announced that its investment in R&D has increased at a compound annual growth rate of 30% in the past two years. In addition to wired and wireless fast charging, the company also has layout and output in chips.
As early as February 2021, Lei Jun, Xiaomi's founder, revealed that the firm had invested CNY 10 billion in R&D in 2020. In 2021, Xiaomi will continue to maintain a high investment in R&D, which is expected to increase by 30% to 40% (about CNY 13 billion to CNY 14 billion).
The financial report shows that in 2020, the company invested CNY 9.3 billion in R&D, with a year-on-year growth of 23.5%. In the first quarter of 2021, its R&D expenditure was CNY 3 billion, representing an increase of 61%.
Although Xiaomi's R&D investment still lags behind some leading mobile phone manufacturers such as Apple, Huawei and Samsung, the firm's sales are impressive since 2021.
The Canalys report shows that in Q2 2021, the global smartphone shipments were about 316 million units, with a month-on-month decrease of 9%. Among them, Xiaomi ranked second with shipments of 52.8 million units, showing a year-on-year growth of 83%. This is also the first time that the company ranked second in terms of shipments.
On August 5, a report released by Counterpoint Research, a data research firm, showed that in June 2021, Xiaomi's global mobile phone market share rose to 17.1%, surpassing Samsung (15.7%) and Apple (14.3%), ranking first in the world. Meanwhile, its mobile phone sales grew by 26%, making it the fastest-growing brand for the month.
For full articles with the charts, please visit the original link.
$FSLY Bullish ReversalTechnology / Software Co. Fastly ( $FSLY ) has setup nicely to continue with its bullish trend.
Looking at weekly chart its found some solid buying interest at previous highs ( 35.25 ) set all the way back in Sept. 19'
First target / resistance lines up with its 50% retrace of its last move lower around 49.00
If we can see a break and hold above its halfway back setup and weekly trend line, $FSLY looks for a nice swing towards second target at 72.55
Long term I'm looking to play retest / potential break above ATH
- Krecioch