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Anderson from Colliers reiterated a buy ratingAnalyst Charles Anderson from Colliers reiterated a buy rating on the stock while increasing its price target from $13 to $15. Anderson is bullish on the company's prospects related to Sony's PlayStation 5, which incorporates Immersion's haptics technology in the new DualSense wireless controller. One of the notable additions to the newest generation of the game console is the inclusion of adaptive triggers in the controller, which facilitate a new level of haptic feedback for players. Anderson has been using the DualSense controller and called it a "breakthrough" for Immersion to score such a high-profile design win in a mass-market application. Demand for the PS5 has been off the charts, with units flying off digital shelves within minutes of retailers getting additional inventory after launching last month. "Immersion collects a royalty from each controller and we expect more than one controller will ship per console over time to support multiplayer gaming and to replace worn-out controllers," "The DualSense controllers are already available at retail ahead of the PlayStation 5 console launch." Anderson believes that Immersion will be able to expand into other markets with its haptics technology offerings, and that the company has finally created an "efficient and predictable operating model." www.fool.com The analyst also notes that Immersion's fundamentals are becoming more predictable with 80% of revenue coming from per unit royalties, double the amount from four years ago. seekingalpha.com
NASDAQ:IMMR
by AlenCiken
AMD Showing Bullish Signs of Major Potential Breakout$AMD ate a rough correction (outlined in the previous descending channel) before catching a wedge that shows all the signs of a major breakout. The downward trough also established a lot of relative strength in this stock. It refused to dip lower than its previous relative-low. This stock ranks a perfect 99 on Investor Business Daily's stock evaluation, and it gained well yesterday in a rougher day for the overall market. Its fundamental stats all scream good things: 0,75 EPS and a P/E of 52.12. The P/E seems somewhat high, but it is likely indicative of the upcoming earnings (on February 2nd) report anticipated to be a great one. Note the NEW strong (VERY STRONG) ascending trade channel. Next: Target take-profit points? We are tentatively eyeing 98.5 per share as a 1/2 profit snatch; the latter should loom around 100-102. That said, a mega-long-term hold of AMD also makes sense, if that's your cup of tea. Regardless of approach, this stock is showing all bullish indications of having a quite big week. GL etc etc -BDR
NASDAQ:AMDLong
by BDRTrigger33
ZOOM Some pressure left before recoveringZM got rejected last week on the 1D MA50 and this is not an encouraging development. The reason is that it brings back memories of the last 1D MA50 rejection on September 06 2019. At that time, it took ZOOM three-four months before it started rising (we all know the parabolic rise more than made up for this 4 month waiting). Even the RSI is printing a similar pattern. In my opinion in order to buy ZOOM, I want to either see the 1D MA200 being tested and hold or a weekly close above the 1D MA50. Next Target $800. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
NASDAQ:ZMLong
by TradingShot
3
USTECH (30m) - potentially bearishNo promises on this one - I can't. This is one to watch. Tech stocks have been in a bit of a problem, not benefiting from hopes of a vaccine for COVID-19. After all, tech was feeding off the pandemic in various ways. Tech and the virus are basically friends. So if the vaccine would limit or kill the pandemic, that's not good for tech stocks in general. We're could see what's known as 'sector rotation' (read up). Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
U
by Captain_Walker
AMD whats your next move?😩 Some times we are faced with difficult decisions in the trading/investing space and this comes from the psychology and emotion of the game. 🐻 I pride my self on being pretty emotionless when trading, in fact some times I can be pretty brutal when it comes to day trading shorter time frames. But I dont just trade and there is a big difference between trading and investing. 👨‍💼 I invest into other asset classes as a defensive play or a way to hedge into global markets and this comes from the saying "never put all your eggs into one basket" You see if all you did was trade the one asset and just keep accumulating and accumulating to the point the majority or all of your wealth is in the one asset, if anything where to happen like say...Apple closes the doors one day, the ethereum blockchain gets hacked, or the USD collapses, you will quickly see your hard earn disappear very very quickly. 🐻 So I have learnt over time to play other markets, industries and asset classes as a defensive move to protect my wealth. Precious metals and other commodities, foreign currencies, and even equity markets which can be broken down even more into multiple industries like pharmaceutical, banks, real estate, entertainment and payment systems. 🥰 Over the last 12 months I have been really enjoying the long term growth in the US markets playing on the New York Stock exchange, but today I'm faced with a dilemma .....and I feel like I'm breaking one of my rules. 🤓 A while ago now I jumped into AMD at $33, I'm sure you have all heard of them, they are a huge CPU/GPU manufacturer for computers and graphics cards, something that is mass produced and for ever evolving. Recently there competitor Nvidia came out with there new range of graphics cards and AMD took a small hit while there competitor shot up...How ever. Nvidia's launch was not the best and there has even been some issues with there new cards and bad reviews, and to hit back AMD now releasing details of there new Zen chips which look to blow Intel out of the water yet again. 😤 So we have some pretty bullish fundamentals, but here is the problem I'm faced with. The chart is cooked lol We are well and truly off the long term growth trend, we have had a parabolic run then accumulated with in a tight zone and now seem to be forming a flag pattern on the higher time frames. Technical's are telling me "be happy with your return, drop your bags and wait for another entry back on the long term trend". But I'm a massive AMD fan boy, I run there cpus in all my pc's and laptops, i even use there graphics cards and I feel like the new Zen chips could see some more spikes on the charts in coming months... 👉 This is why its important to separate emotion from the charts, it clouds your judgement, you doubt your self and often end up making poor decisions. The downside seems temporary and I'm confident on a return to the bullish trend which in tern will provide more steady growth long term. A rise from this flag will see us deviate further from the long term growth hinting the chance of a much larger correct to even pit us below the long term growth which can in some cases on a technical stand point indicate a down trend forming... what to do what to do?
NASDAQ:AMDLong
by DeNomics
2
Possible Head & Shoulders Pattern forming on FB and Amazon.Possible head and shoulders pattern on FB & Amazon - its not confirmed on both. The ideal setup is that both decrease in value below the "neckline" marked in blue/red in each respective chart. Although not guaranteed the price can then increase in value, coming back up to the neckline, where we see a rejection and continuation of the downwards breakout this is the confirmation area of the pattern, in extremely volatile markets we may not see a confirmation on the larger timeframes.
NASDAQ:AMZNShort
by Worth_The_Ri5k
Tight price action near resistance.What's the $PLAN? TA, - Breakout attempted on 2/10 but failed. - Tight price action near 63.6 level with decreasing volatility - Earnings catalyst and the price is consolidating till the short term moving averages catch up. Seen this with a lot of growth stocks recently. So, I gave it a name : CAT20e FA, - Baillie Gifford 1.3%/Druckenmiller added -Increasing margins and sales growth -Increased guidance -Increased enterprise spend as economy recovers Concerns, - Lawsuits - Negative earnings High risk, Swing trade only. Buy: Above short term pivot 66.1 on increasing volume Stop loss: $60 invalidates thesis if it crosses the wedge downwards Max risk: 9.2%
PLong
by ashainp
The End of Tech Stocks? – FAAG at riskThe house of representatives has published a 450-page long report that big tech companies (specifically FAAG), are disrupting innovation. In this post, I will be summarizing the most important points to take away from the report, and factors to consider when investing in Facebook (FB), Apple (AAPL), Amazon (AMZN), and Google (GOOG). Background Information America’s antitrust laws date back to the 1890s. Standard Oil, an American company founded by John D. Rockefeller, secured 88% of America’s oil market share within 20 years, through aggressive acquisitions of fuel and railway companies. They’ve been criticized for using their monopolistic status to impose higher costs of transportation for their counterparts. Rockefeller took over railway companies, which were essential in transporting goods throughout the country. Without transportation, no business could be done. What these mega tech companies are doing today is very similar to what Rockefeller did back then. Applications cannot reach the general public without being registered on Android and Apple’s app store. People looking to sell goods online must go through Amazon at some point. As a result, in 1911, the US Supreme Court ruled that Standard Oil Trust must be dissolved under the Sherman Antitrust Act and split into 34 companies. What has been suggested in this report is the probability of having to split FAAG, just like they did with Standard Oil in the 1910s, as both cases demonstrate similarities in the essence of their business models and strategies. House Judiciary Antitrust Report - It took 16 months to investigate and finalize the 450 page long report - Targeted companies in this report are: Facebook, Google, Amazon, and Apple - They have analyzed 1.3m documents and interviewed 250 players, dissecting these businesses in every detail possible Amazon (AMZN) The report claims that Amazon wields monopolistic power over third-party sellers. E-commerce sites such as Amazon offer two types of products: products that they source themselves and sell online, and products that are registered on their online marketplace by a third party seller. What’s suggested in the report is that the third party sellers using Amazon’s sales platform are at a disadvantaged position, as Amazon exposes more of their own products (which have much lucrative margins), rather than products listed on their marketplace. Apple (AAPL) In the case of Apple, the report states that there is an unfair monopoly over software distribution. Apple not only takes a huge amount of fees from the apps that are listed on their app store, but also from in-app purchases. They can also refuse to distribute the apps that they dislike, because all the apps that get listed on the app store go through a process of authorization. For instance, if Apple were to launch a new music app, and decide to get rid of all other music streaming related apps on their app store, consumers would have no choice but to use Apple’s new app. Facebook (FB) The report suggests that Facebook possesses dominance in social networking. In a chart that demonstrates the number of monthly active persons (MAP) of social media companies, the order goes as follows: Youtube, Whatsapp, Facebook, Facebook Messenger, and Instagram. Notice that except for Youtube, which is owned by Google, the top 2-5 applications with the most users all belong to Facebook. What’s even scarier is that Facebook is extremely good at either copying new and prominent services, or simply acquiring them. Facebook can make a copy app of an existing application that possesses innovative services. Facebook can then use their platform to support traffic into their copy app (the cross promotion between Facebook and Instagram is one of the major reasons that the company grew exponentially). When Facebook offered to acquire Snapchat (SNAP), they also mentioned that they were not only capable, but willing to make an app that offers the exact same service, which would ultimately do better, as Facebook possesses a bigger and smarter team, and more capital to invest in advertising. Google (GOOG) Google possesses monopoly over online search and search advertising. Thus, they can lead users into services that Google is supporting, or expose more results of companies that have paid Google for advertising (outside sponsored links). They can cherry-pick which results to show people, and essentially lead people into search results that Google wants them to see. The report also demonstrates a list of all the companies that FAAG acquired, which reflects these companies’ strategy of ‘join us or die’. Solutions The report states that splitting these companies is a probable case. There could be different ways in splitting a company. For instance, in the case of Amazon, it could be split into two different companies, each focusing on e-commerce, and cloud services. Another solution is to strengthen antitrust laws to prohibit big mergers and acquisition contracts. The last solution is related to the significant amounts of data that these companies collect. The data they collect are used to expand into their next business, and the government’s solution to stop FAAG’s dominance is to limit their data collection. Essentially, the government’s goal is to restore competition in the digital economy, as there aren’t any more companies that can challenge FAAG. Conclusion There is a lack of consensus between the democrats and republicans, making it difficult to settle on a clear solution. This report dominantly reflects a democratic stance on the issue. The irony is; the more earnings these tech stocks generate, and the more market share they take, the worse it could be for the stock’s price. Wall Street is betting on Biden’s victory, and if that becomes the case, these tech stocks will take a huge hit for the short term. From another perspective, however, this means that it’ll also be an opportunity for the smaller tech stocks, which have been under FAAG’s shadow, to shine. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
Editors' picks
NASDAQ:AMZN
by Michael_Wang_Official
48
MSFT and Big Tech start the next move up? EARNINGS & ELECTIONBig Tech companies are looking really interesting, there is a lot of upside potential in the market and we could see the tech moves really help the rest of the market push up in terms of overall ETF indices. We have seen the lag of a lot of companies in the S&P 500 but this could be the return to value after the 15-20% drop in big tech. We have seen multiple head and shoulders patterns form on tech across the board. The FAANG and MSFT. However, we are in an interesting and turbulent time right now. We are coming into a period where naturally we see increased volatility and the potential for anything to happen. However the closer we get to this debate, the more bullish it looks, the outcome of it will bring uncertainty but I feel that they may be priced into the market. It's well known that the president won't be known for weeks or months after and the market hasn't reacted poorly. The only bearish reaction was that Trump announced no stimulus until after the election. We'll see if his hand gets forced. The Federal Reserve is also talking about perma stimulus that they will have to navigate through. Or at least high dovishness. Meaning that big tech, for the most part and MSFT are stuck here, complacent without a real trend waiting to see what happens. There is potential for the upside as we are moving along and we are creating higher lows on all but 2 massive tech companies. With the potential of the S&P 500 and the big tech stocks to break their most recent tops, we could see that bull side open up and all-time highs get hit. The deciding level to the downside is around each stock's 100-day moving average, most of which are well away from that now and making ground to the bull side. We also have earnings season coming up, there are limited if any expectations for a lot of companies out there, with minimal forward guidance. Meaning any positive number looks like a beat considering last quarters' extremely negative GDP number. Even slight beats in earnings will help the upside in these companies. This does not constitute investment advice, or trading advice this post is for educational purposes only.
Editors' picks
NASDAQ:MSFTLong
by TRADEPROAcademy
2
Future of learning and education with $CHGGTA -120EMA Support. High volume at $62 level. - Early May 2020 shows double the volume from the previous highest volume day= Institutional accumulation. Average volume 2.8M. May 5th volume : 38.5M - Distribution volume slowing down - RSI reversal - MACD golden cross - Strong relative strength FA, - Integrated platform = Chegg study+ Chegg Writing+ Chegg Math solver + Chegg tutors + High quality future proof skills based courses - Structural tailwind with e-learning/self-learning. - Yahoo finance Growth rate : 25%+. Simply wall street growth rate : 68% - FY15 to FY20 CAGR revenue 39% - Accelerating Earnings, revenues and margins in consecutive quarters(Almost Code 33) - Growing subscriber base= Network effect with more tutors and students - High growth and high margin. FCF positive - Good management Current subscribers of 3.9M with 29% YoY growth. Total opportunity at 102M subscribers - Baillie Gifford ownership : 11%. High quality fund ownership + Growing institutional ownership. #smartmoney Concerns, -Increased competition : Amazon, Khan Academy, Open study, Linkedin - Physical textbooks are a thing of the past. - Debt of 900M and interest coverage of 1.09. However, Cash is at 700M with a healthy current ratio of 8+ Added at $72.
NYSE:CHGGLong
by ashainp
2
So here we are. Buy area visited.Following my Gold & Stocks idea linked below, Gold has made a new low and tech stocks have visited my buying area. I never really made an idea about that (there are so many subjects) but one of the biggest thing with investing is mental flexibility: being able to unlearn what you learned. I plan making an idea about all the nonsense society & school teach people have it somewhere laying around for the past year. I think you are either born with it or you are not. It can be trained but personal opinion it's 90% from birth + young childhood. Assuming we have no hit the top, and with all the tiktok investors (they never sell remember) there is a good chance we have not, the uptrend would continue, strongly (since most of the buyers are tiktokers that never sell when the price goes against them), until we run out of buyers or buyers start getting exhausted AND big whales (hi softbank) need to dump for whatever reason. US elections are 6 weeks away only. Maybe buyers are waiting on the side for the election to resume buying (not sure what they expect). It will be lots of fun I hope. Risking 8% to make over 100% over the next 12 months or less. That's a risk to reward of over 13 to 1. And add dividends too depending on how you are buying this (I'm not getting more dividends they are pushing my stop further away instead I think). There are so many skeptics still. I wonder how many of them are left when the price goes past 20000. Peter Schiff will be the only bear alive, but he is the immortal king of the permabears so it does not count he'd be bearish at nasdaq 10 million points. I am looking forward to the price going up but honestly even more to it finding a top and trapping all of the social media and gen Z and millienial mostly murican "investors", and then crashing super hard and rekting everyone. "The greatest economy ever" haha. Silicon Valley is going to crash and burn with such intensity we will see it from space. Will capitalism be blamed? Or socialist 75% foreign born employees traitorous big tech that ignores the law?
TVC:NDQLong
by MrRenev
2
Apple - US Tech worth more than entire EU Stock Market! 🐂 According to Bank of America, the US tech sector is now worth more than the entire European stock market. Although, in the wake of the recent setback in the tech sector, the main concern seems to be massive overvaluation as a reason for the latest selloff. We, however, see arguments against a pessimistic view. Many tech stocks are seen as profiteers of the virus crisis due to the increasing pressure to digitize. Stocks like Apple or Amazon are already showing greater resistance to the fear of the second pandemic wave and new lockdown measures. Apple, for example, had rallied the previous evening after an early approach to the 100-dollar mark and went out of trading three percent higher. Since the recent high, the market has reached the yellow target box for the current pullback. Even though the ideal target was breached to the downside by $2, we expect the bulls to step back in very soon, taking Appel to new all-time highs. Under $128.78, the alternative scenario should still be taken into consideration. We give this scenario a 30% probability, which would pave the way towards $95, bevor the current decline is completed. To summarize, both scenarios are pointing to new all-time highs in the medium-term perspective. What's your opinion on the tech sector?
NASDAQ:AAPLLong
by MarketIntel
SPOT has been on a tear in 2020.. but will it continue?Diving into SPOT, if you've been in this stock this year you've probably been pretty happy with the performance. With a number of big product releases and the effects of JOE ROGAN and MICHELLE OBAMA signing exclusive deals to drive subscribers, the stock pumped so fast from around $180 to nearly $300, that if you blinked you probably missed it. Well, what now? Do you buy at these levels, do you wait? Whats this company really worth? Obviously SPOT has a lot of competition. With AAPL launching their new subscription service packages that basically will force me to have Apple Music, and AMZN launching podcasting on their music service, how many music services does one person need? I still love my SPOT subscription more than any other service option out there. That's what keeps me believing in this stock. I don't want to ever give up my Spotify, and I bet most others don't either. I'm willing to put my money where my mouth is. Remember NFLX just 5 years ago? That might be where SPOT is today. It's worth considering. Now let's look at the chart. I've drawn an Elliot Wave pattern in there, and what a correction might look like. We are definitely in a correction pattern right now. My intuition and my bet is that we are in the 2nd wave of a much larger cycle. What excites me about that is the 3rd wave tends to be the largest move. That would mean if you want to play a longer term trade like me, you want to buy in anywhere in the $182-$227 range. I would recommend your sweet spot to be above $200, even around $210-220 depending on your tolerance for missing a buy opportunity. This stock has a lot of love, and psychological supports are a thing. That's why I find it unlikely we'll see this stock below $200 again unfortunately, and if we do then we need to double check our fundamental analysis and if nothing has changed we will go in with both hands. Now the real exciting part of that trade, should you get in around these levels and lower, is the longer term target is close to $400. Should SPOT continue to diversify their service offering and have that "sticky" product effect where it's just something we all need to have, this isn't farfetched, and is a likely story to happen in the next 1 year. Meanwhile, for the shorter term trades, volatility in this stock can be good, and therefore if we are in a 2nd wave correction, then this is a great time to both be getting a position, but also trading within the correction to make that position as cheap as possible for your 3rd wave run. If this does manifest, and one plays it correctly, by the time you reach my longer term target you should be able to sell a portion of your stack and hold a free and sizable position in this household name. Disclaimer: I am not a professional, nor do I claim to know what I am doing. I chart for my own education and revealing potential trade setups. I am always open to constructive feedback and resources that you can recommend to "up" my game. Thank you!
NYSE:SPOTLong
by Shadowfigure