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Chevron: Progress!Chevron has dropped decisively, significantly advancing our primary scenario. In this scenario, we expect the ongoing turquoise wave 2 to find its low just above the support at $135.37, which should set the stage for fresh upward movement. In the meantime, the probability of our alternative scenario has been reduced to 32%. Still, the possibility of an already established low of the turquoise wave alt.2 and, thus, a direct breakout above the resistance at $166.91 should be considered.
NYSE:CVX
by MarketIntel
**LCID Bounce Setup with Key Levels**### **Description**: The **30-minute chart** for **LCID (Lucid Group Inc.)** shows a potential bounce trade setup: - **Entry**: $2.58 (yellow line - current level) - **Stop Loss (SL)**: $2.48 (white line - support zone) - **Target 1 (T1)**: $2.71 (red line - first resistance) - **Target 2 (T2)**: $2.86 (green line - major resistance) Price is holding near a crucial support zone. Monitor for bullish confirmation with volume to validate the upward move. A break above $2.71 could accelerate momentum. 📈 #LCID #Lucid #TradingSetup #TechnicalAnalysis #NASDAQ #EVStocks
NASDAQ:LCIDLong
by Xeeshan79
11/7/24 - $bird - More interested $7-8/shr11/7/24 :: VROCKSTAR :: $ IDX:BIRD More interested $7-8/shr - mgmt is operating on their own time - beyond M&A, it's hard to see how stock really moves higher in the 3-6 month timeframe, unless it catches some momentum in this whacky environment where rando-stuff-moon. but i'd not bet my dog's tennis ball on it - basically mgmt "taking right" actions still e.g. store closing, gearing up for some interesting product launches/ marketing but it sounds like we get to see this all playing out in 2H25. that's an eternity to wait for a result that wasn't really a beat (inside guidance) and where guidance for 4Q/FY was taken lower. ewww, that doesn't work in this environment. - while balance sheet remains net cash and we can decide how to handle leases (maybe i say it's not $50 but $25 mm of "debt") that still say puts us in a $50 mm net cash position. at the same time we burn 10-15 mm a quarter until someone buys the company or results start to inflect. rough. essentially by 4Q, we'll either be raising with a good story, or stock will have started to work a bit as FCF inflects positive (probably a '26 event at the earliest given my experience operating in reality) - so what's the brand worth? 1x gross profit? 0.5x gross profit? - really hard to say. i think you need to assume someone like NYSE:BIRK , NASDAQ:CROX , NYSE:ONON (even NASDAQ:LULU ) could buy these guys and cut a lot of the SG&A out on their bigger platform. this is why i think multiple of gross profit makes the most sense. - at most i'd say 1x gross profit which if/when you assume buyers would want to see the new lineup in the market (bc the current portfolio is still not growing... so why complicate things for yourself), and take out all the net cash bc we burned it getting there, that's the stock as of y'day call it $10-11/shr or ~90 mm market cap. - but if we need to wait, what's the right discount rate for something like this 25-30%? private equity style? so you're now at probably $7-8/shr today and it waffles up or down depending on how well these marketing/ launches go next year TL;DR... the company's best option is to sell today at some modest premium. i think they've made it quite hard to do so in delaying this decision for years. now they need to swim. and the stock is on it's back heading into tax sell off season and where the ticker is too small cap for (real) institutions to get involved and what would an activist really accomplish in a founder-led situation like this on fire? unfortunately i think this thing is going lower and/or i'm uninterested unless we start entering the mid single digits, call it $7-8, minimally. talk then. stay well. V
NASDAQ:BIRD
by VROCKSTAR
Is NVIDIA Ready to Break Out or Break Down?Good morning, trading family! How’s everyone feeling today? Got your coffee? Charts ready? It’s time to dive in and see what the market has in store for us. Here’s the vibe: NVIDIA’s setting up for something big—are we aiming for $142 or sliding to $119? It’s like a game of tug-of-war, and the market’s holding the rope. Quick Tip: Remember, trading is about patience and discipline. If you’re feeling stuck, step away, take a breath, and come back with a clear head. The market’s not going anywhere. If you want a closer look at these setups or other ideas I’m watching, feel free to check out my profile or send me a DM—I’m always happy to share insights or answer questions. Let’s make it a great day! Kris /Mindbloome Exchange Trade What You See
NASDAQ:NVDA
by Mindbloome-Trading
Tesla at the Crossroads: Breakout to $522 or a Slide to $420?Tesla’s price action is heating up as it hovers between $452 resistance and $441.54 support. A breakout above $452 could ignite a rally toward $522, while a breakdown below $441.54 might signal a drop to $420 or lower. This is the moment to stay sharp—will Tesla soar or stumble? Let’s dive into the key levels, actionable tips, and what to watch for next! Any questions about this chart or any others send me a message Kris/Mindbloome Exchange Trade What You See
NASDAQ:TSLA
by Mindbloome-Trading
3
Tesla ideas on Fib bollinger... TSLA in troubleSure you can have a squeeze or euphoria...but didn't like 7 Billion in Charging stations that are said to be a few hundred in all the 48 continuous combined... There are like 100 TA and Love's on Interstate 80 Alone AP running damage control...who cares, just look at that number...~200 divided by 48, gives you like 5 per state....yeah, autonomous screams success with one in each major city... *only 10 handles per site and few may be out of sync, not sync, or be malfunctioning due to weather...if weather didnt cut their power- Its okay...diesel generators will help...wait, ??
NASDAQ:TSLA
by CYQOTEK
Is ACLS a Hidden Gem in the Semiconductor Sell-Off?While the S&P 500, Dow, and Nasdaq are making or nearing all-time highs, many components of the Philadelphia Semiconductor Index (SOX) have been selling off for months. Historically, these levels have been great buying opportunities, but I can’t help wondering if there are issues we don’t know about yet that are already priced in. I went shopping today and picked up some semiconductor stocks that have been beaten down. First on the list is ACLS. It’s down over 60% from its all-time high of $200 a share back in July 2023 and more than 50% off its 52-week high of $157 set back this July. What’s interesting here is that this company has a consistent track record of beating earnings expectations for the past 26 quarters!! and its margins have been growing steadily over the last four years. So, the question is: is the stock price signaling some issues we’re not aware of, or is this a great buying opportunity? I am in at $77.60 small size.
NASDAQ:ACLSLong
by onlytrade2win
1
SMCI’s Game-Changing Move: Could This Be a 500% Opportunity? Bullish Analysis for Super Micro Computer, Inc. (SMCI) 1. Valuation Metrics P/S Ratio: Previously 7.46, now just 1.43, showcasing significant undervaluation compared to historical levels. P/E Ratio: Previously 90, now 16.67, making the stock much more attractive to value-focused investors. Fair Value Estimate: According to Simply Wall Street , the fair value per share is estimated at $439.38 , suggesting substantial upside from the current price levels. 2. Strong Financial Metrics Current Market Cap: $18.87 billion. Revenue: This year's revenue is $14.94 billion, and 2025 revenue is expected to exceed $23 billion, surpassing the current market cap—a promising signal of growth potential. Financial Health: SMCI can cover all its debt twice over , with a debt-to-equity ratio of 0.40 , which sits comfortably in the ideal range of 0.30–0.60. 3. Growth Drivers New Manufacturing Facility: A facility in Malaysia is expected to become operational in the second quarter of fiscal year 2025, enabling SMCI to scale up its AI server production. Liquid Cooling Expertise: SMCI specializes in liquid cooling technology , critical for the new generation of powerful chips and data centers, including Nvidia’s Blackwell GPUs , which are experiencing record demand as Nvidia ramps up production. 4. Technical and Price Action Support Levels: SMCI has established strong support at $30. Trend Reversal: The stock has broken the structure of its downtrend and is now showing clear signs of heading to the upside, further reinforcing bullish momentum. Resistance Levels: Potential price targets based on resistance areas: Target 1: $50 (52.4% increase). Target 2: $70 (113.4% increase). Target 3: $100 (204.8% increase). Target 4: $120 (265.8% increase). Long-term Target: $200+ (509.75% increase). 5. AI Market Leadership SMCI’s continued focus on AI servers positions it as a key beneficiary in the rapidly growing AI-driven computing market. Conclusion With its attractive valuation, robust financial health, strategic expansion plans, and leadership in liquid cooling and AI servers, SMCI is well-positioned for substantial growth. The recent trend reversal adds technical confirmation to the fundamental bullish case, making current price levels a compelling opportunity for investors seeking exposure to the AI and data center markets.
NASDAQ:SMCILong
by ValchevFinance
Technical Analysis of Stock SOUN 5/8/2024Technical Analysis of Stock SOUN Introduction: SOUN, founded by a computer scientist from the dot-com era, has garnered significant attention from investors, including heavyweights like NVDA and Kleiner Perkins. Notably, Kleiner Perkins' backing is a considerable endorsement. The company's innovations, such as AI-powered burger ordering at White Castle, underscore its potential in the market. Daily Chart Technical Analysis: Overview: This analysis delves into both the broader picture and recent price movements of Stock SOUN Daily Chart #1: This chart illustrates the complete price history of Stock SOUN, revealing its trajectory since going public in April 2022. After an initial crash to $1 by the end of 2022, the stock traded sideways between $1.60 and $4.70 from January 2023 to February 2024. During this period, it struggled to breach the resistance zone of $3.50 to $4.70. However, by the end of February 2024, a surge in trading volume facilitated a breakout, with the stock reaching a high of $10.25. Subsequently, there was a significant pullback of -65%, bringing the price back to the $3.50 to $4.70 resistance zone. Observations: This breakout from an accumulation stage, followed by a pullback to a historically resistant zone, presents a compelling opportunity. The confirmation of the breakout by massive trading volume adds further credibility. We will now assess if there is a viable entry point for a long position. Daily Chart #2: Here, we focus on the breakout and subsequent pullback to the $3.50 to $4.70 resistance zone. The breakout on February 26 led to a surge in prices to the $10 range. However, as the breakout reached its peak, a descending triangle formed, indicating an imminent pullback. This pullback retraced the price back to the $3.50 to $4.70 zone, where it found support and broke through the pullback trendline. The price is now attempting to establish the $3.50 to $4.70 zone as a support level, forming an ascending triangle. On May 6th, the price broke out from this triangle and above $4.70. Concurrently, the MACD crossed above its signal, signaling bullish conditions. Implications: The technical indicators suggest a favorable outlook, especially with earnings scheduled for May 9, 2024. These factors indicate potentially bullish earnings. Trade Strategy: Entry: $4.81 Stop Loss: $4.06 (-15.59%) Target #1: $10.00 (+107.90%) Target #2: $15.00 (+211.85%) - There's a possibility of exceeding this target; I'll trail if the price exhibits parabolic movement beyond $15.
NASDAQ:SOUNLong
by rudcharts
5