Technology
Taiwan Semiconductor Provides Clear Roadmap of Market TechnicalsOften times during countertrend moves, price action can become choppy, overlapping, and difficult to read, let alone trade.
It is important to be continually monitoring charts of individual issues, as well as the major averages, as often times, when one is choppy and "unreadable," the other will give a tell as to where you are, technically speaking, within any particular market cycle.
For example, while the charts of the major averages have become choppy as of late, and FOMO investors exchange financial blows with traders who are looking for the proverbial "top-tick," to get short, I have taken to looking for the omnipresent "tell' stocks.
These are stocks that are typically widely held, large-cap, and very liquid stocks, and as such, present a descent proxy for the overall market.
At this moment, Taiwan Semiconductor (TSM) presents us with a very clear roadmap for where we are.
1) it has completed a very clear 5 wave impulse from the 1998 low
2) Clear alternation between wave 2 and 4
3) A textbook 3 wave counter-trend move of the March 2020 bottom.
When the current counter-trend rally exhausts itself, the market, including TSM will be engulfed in a very strong, and profitable, wave C. There will be virtually no stock that will be unaffected, as correlations converge on 1.0
Keep watching here for updates good trading.
$GDS can rise in the next daysContextual immersion trading strategy idea.
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $71,00;
stop-loss — $65,64.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
QQQ - 19.6.2020 - Too much hype around NASDAQ?
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
The technology sector is why I enjoy the markets so much. The V-shaped recovery and even overcoming the February ATH and running the S&P 500 and DOW in terms of percentages is something incredible, but enough about my feelings for the markets. At the moment we can see that VIX is approaching about 30 points, close to the support level where it can react. Furthermore, we developed a strong resistance in ATH, which with the fundamentals such as the potential 2nd wave of coronavirus can react and therefore I expect a local short, but in the long run I will go for long trade.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
ALTERYX $AYX "cup w handle"$AYX has cleared $151.50 handle buy point yesterday and broke the pivot resistance, RSI broke the trendline too and the volume has passed the average.
12 months Consensus Price Target: $136.10
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Paylocity Holding $PCTY "cup w handle"$PCTY has just cleared $140.71 handle buy point yesterday. the volume is just above the average.
12 months Consensus Price Target: $133.21
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Salesforce $CRM "cup w handle"$CRM has just cleared $184.80 handle buy point yesterday. RSI broke the trendline too and the volume was more than average.
12 months Consensus Price Target: $198.50
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
CSOD: Longterm investment with over 50% upside!Great growth potential! Posted some details below. Recently closed acquisition of
Description: Cloud Computing Services
Cornerstone OnDemand, Inc. engages in the provision of learning and talent management solutions delivered as Software-as-a-Service.
It is also involved in providing support packages; client success framework; technical consulting; and content, implementation, business consulting, and educational services.
News:
- Cornerstone Ondemand Says Company Will Eliminate About 270 Positions As Part Of Co's Acquisition Of Saba Software
- Reports Q1 (Mar) earnings of $0.23 per share, $0.02 worse than the S&P Capital IQ Consensus of $0.25; revenues rose 7.2% year/year to $150.1 mln vs the $147.76 mln S&P Capital IQ Consensus.
- Commentary: "Our first quarter was progressing well until the COVID-19 pandemic headwinds began to slow new sales at the end of March. To offset the impact of these headwinds, we have been able to augment and accelerate the synergies from the Saba acquisition as our integration progresses ahead of plan. We now expect to realize $50 million in run-rate synergies as we exit 2020, as compared to our prior guidance of $35 million over twenty-four months... even under extreme scenarios, such as assuming no new sales through the end of 2021, we still expect to increase our cash balances through the end of 2021. This gives us a high level of confidence in our ability to weather this storm."
EV: $2.23B
MC: $2.39B
EBITDA Margins 26%
Revenue Growth: 29.8%
Valuation
Actual LTM Consensus
EV / Revenue: 3.80x 2.98x
EV / EBITDA: 16.87x 11.13x
EV / EBIT: 23.65x 15.50x
Price / Earnings: 32.25 33.11x
Financials
Actual LTM Consensus
Revenue: $586.54M $748.23M
EBITDA: $131.97M $200.09M
EBIT: $94.16M $143.64M
EPS: $1.16 $1.13
Taiwan Semiconductor Next-Generation Automobile TechnologyTaiwan Semiconductor Next-Generation Automobile Technology Platform
Go to the Invest2Success Blog and or Contact Me for the Details
NYSE:TSM
NASDAQ:NVDA
NASDAQ:NXPI
NASDAQ:QRVO
NASDAQ:TSLA
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Buy Long: Fastly Inc - FSLY - Technology Software ApplicationBuy Long: Fastly Inc - Ticker: FSLY - Sector: Technology Industry: Software—Application
Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts
Buy Entry: 48.07 to 52.36
Stop-Loss: Available to Subscribers
Take Profit Price Targets: Available to Subscribers
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NASDAQ:AKAM
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Waitr Holdings Inc. (WTRH) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
$SONO can rise in the next daysContextual immersion trading strategy idea.
Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products.
The share price rose after the company announced that it had completed the technology upgrade — us.cnn.com
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $12,60;
stop-loss — $11,65.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MX can rise in the next daysContextual immersion trading strategy idea.
MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications.
The share price rose after announcing the director of the company, Camillo Martino, bought shares for more than $100,000.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $12,67;
stop-loss — $11,92.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Cloudera $CLDREntry. $12.32
S/L $11.70
TP $14.28
12 months Consensus Price Target: $11.85
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
$GILT can fall in the next daysContextual immersion trading strategy idea.
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions and services.
2 days ago the share price fell after the company had reported its results for the first quarter ended March 31, 2020.
The demand for shares of the company still looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $6,98;
stop-loss — $7,25.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Highly Interested. (HHT)Wish me luck guys I'm slapping the buy on Color Star Technology. 🚀
This is what we would call a knife catch, similar to how I played New Gold Inc. & GoPro which both led to over 220% in gains in the last 2 months! 💰💰💰
You notice as we are zoomed out that we are hitting off of major support in search of a pop up, previously it sits up 21.54%.
50 cents is a key level and I will show you why below ⬇️
Sailpoint Technologies $SAILEntry. $24.05
S/L $22.85
TP $27.05
12 months Consensus Price Target: $23.71
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx