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MSTRThe bullish case for MicroStrategy (MSTR) appears compelling. While the company has already experienced significant growth this year, several potential catalysts suggest further upside: Bitcoin Market Dynamics We're potentially entering the final phase of the Bitcoin bull cycle The company's significant Bitcoin holdings position it to benefit from any price appreciation Market Environment Current market conditions suggest a potentially reflexive period ahead Bitcoin price projections from analysts range from $220,000 to $500,000 Corporate Development Recent earnings call highlighted a substantial $42 billion acquisition This strategic move could significantly impact the company's valuation Given these factors, MSTR's valuation could see substantial multiplication from current levels.
NASDAQ:MSTRLong
by RichmondHillCM
SOFI - Great long-term playSoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking. Despite reporting impressive results for the first and the second quarter, SoFi Technologies (NASDAQ:SOFI) remains a beaten-down stock. This is an opportunity for investors to buy the dip. The management has taken a conservative route towards growth and is moving from unsecured loans to secured loans which may show slow growth in the near term but could be beneficial in the long-term. These days, SoFi Technologies offers a one-stop solution for everything finance and continues to see high member growth. It ended the second quarter with 8.8 million members, a 41% YOY jump. SoFi’s revenue came in at a record $599 million, up 22% YOY and the net income was $17 million, an impressive shift from the loss in the prior period. Its financial services segment revenue soared 80% and generated $176.1 million. This was also the company’s third consecutive quarter of profitability and I think this momentum is set to continue. When SoFi reported its first quarterly profit, the market was unsure whether it would be able to sustain it, however, it will soon report one full year of profitability. As such, I think the company has managed to reach a place where investors can stop worrying about the profitability or the member growth. It is aiming for a revenue of $625 to $645 million for the third quarter. Trading at $8, SOFI stock is an ideal bet for the long-term investor to double their money. This is more of a long-term idea - keep this in mind! Short float: 17.95% Lots of recent block buys: Friday August 23, 2024 Block Trade: SOFI 1.2M @ $7.44 below bid of 7.51 Thursday August 22, 2024 Block Trade: SOFI 1.2M @ $7.254 above ask of 7.2 Tuesday August 20, 2024 Block Trade: SOFI 1.3M @ $7.389 above ask of 7.37 Block Trade: SOFI 960,510 @ $7.389 above ask of 7.37 Block Trade: SOFI 1.5M @ $7.388 above ask of 7.37 Monday August 19, 2024 Block Trade: SOFI 569,589 @ $7.46 above ask of 7.45 Monday August 5, 2024 Block Trade: SOFI 719,500 @ $6.59 below bid of 6.6 Block Trade: SOFI 719,500 @ $6.61 at the ask Friday August 2, 2024 Block Trade: SOFI 672,000 @ $6.691 below bid of 6.72 Todays News: SoFi Technologies, Inc. SOFI shares are trading higher Thursday. The United States Supreme Court declined to revive the Biden administration’s student debt relief plan Wednesday. Shares of student loan servicers including SoFi are trading higher following the court's decision. The court's denial is a potentially positive development for SoFi, as it stood to lose revenue from interest payments and loan origination fees if student loan forgiveness or deferment resulted from the SAVE plan. The Details: The Supreme Court rejected a Biden administration plea Wednesday that sought to revive the Savings on a Valuable Education (SAVE) plan to provide relief to borrowers with federal student loan debt. The court denied an emergency request filed by the administration to lift a nationwide injunction imposed by an appeals court. Breakout Zone: $8.30 Action: If the stock breaks above this area with strong volume, it might signal a continuation of the upward trend. Overall Market Sentiment: Currently, the market seems to be in a correction phase. It’s crucial to consider this sentiment when making trading decisions. Resistance Points: $9.00 $10.00 $11.50 $14.00 Surpassing these levels could signal a positive trend. Consider taking profits at these stages to realize gains. Trading Strategy: Take Profit (TP): Set a target at $17.00 Stop Loss (SL): Set at under $6.50 to mitigate potential losses. Chart Analysis: Please refer to the attached chart for detailed analysis of price trends and movements. Trading Advisory: Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities. Disclaimer: This content is for informational purposes only and should not be considered financial advice.
NASDAQ:SOFILong
by meitshels_smell_trades
2
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2 Stop loss can be Trail when it make new box / Swing. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.
NSE:WELCORP
by AnsariTV
INVESTMENT IDEA - BAJAJ FINANCE Bajaj Finance , a major financial services provider in India, showcases a promising investment setup supported by both technical and fundamental strengths. Technical Reasons : Trend Line Support: The stock is holding above a long-term trend line, indicating resilience and potential for an upward move. Intact Trend: Continuous higher highs and higher lows signal that the bullish trend remains intact. Doji and Inside Candle Pattern on Weekly: This pattern suggests a possible reversal or continuation, highlighting a period of consolidation with potential for breakout. Fundamental Reasons : Record Revenue and Net Profit: Both metrics are at all-time highs, underscoring the company's financial strength. Attractive Valuation: With a current 10-year PE ratio of 27.9, Bajaj Finance trades below its 10-year median PE of 45.4, suggesting it is undervalued relative to historical standards. Solid Growth and Returns: The company boasts a 24% compounded sales growth rate, an ROCE of 11.9%, and an ROE of 22.1%, reflecting effective utilization of capital and profitability. These combined factors make Bajaj Finance an attractive long-term investment option, with technical support for entry and solid fundamentals for sustained growth potential.
NSE:BAJFINANCELong
by Visionary_Growth_Insights
ZLAB $23.60 | Finding Value for 2025-2027 Payoutstumbled upon under rated pharma research preventive bio project in China and is staged to be a big player when it goes commercial and licensing deals with it new discoveries price is just decent at around $2.x bn cap yet as promising as illumina crispr moderna perhaps Eli Lily someday who knows when Vanguard takes into acount McKinseys study this can magically moon back to at least half way to all time highs Strategy: buy and forget
NASDAQ:ZLAB
by senyor
SWING IDEA - KEC INTLKEC International , a key player in the infrastructure sector, is presenting a swing trade opportunity with strong technical indicators. Reasons are listed below : 950 Zone Tested Multiple Times : The price has tested the 950 resistance zone multiple times, and it is now breaking out, signaling potential for an upward move. Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing candle on the daily chart shows strong buying momentum, indicating a possible continuation of the upward trend. Spike in Volumes : Increased trading volume supports the breakout, confirming strong market participation and investor interest in the stock. All-Time High Close : The stock closed at an all-time high, which is a bullish signal and suggests potential for further gains. Target - 1070 Stoploss - daily close below 880 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:KECLong
by Visionary_Growth_Insights
gamestop cup and handle whats next?this isnt the strongest pattern for vull continuation, but if it does follow through i expect well see $25 soon. if we dont continue the pattern ill look for a pullback to the $21 region. the stock seems like it is ready to make larger swings now that its held some form of a daily to weekly uptrend. were still battlign a bear trendline of resistance since the last large monthly move and subsequent volatility, but it seems to be subsiding somewhat. im looking at curred dPOC as the pattern pivot, and if we hold that level forming a range above open id look for the next market structure trailing stop area/VAH region to take profit long. if we break fown below dPOC and form bear momentum under the mPOC id look for lower POC and VAL to take profit short.
NYSE:GMELong
by cerealindicator
Rivian Power Surge!Rivian is gaining bullish momentum, with a gap forming around the $9.00 level. A breakout above the $12.33 resistance would signal continued strength, positioning the stock to reach the $18.91 weekly resistance. This trade offers a strong risk-to-reward ratio, with a stop-loss set at $8.28 to manage downside. In the longer term, RIVN has the potential to reach $28.06, supported by its growing position in the electric vehicle (EV) market. With rising demand for sustainable transportation and Rivian’s focus on high-performance EVs, the company is well-positioned for future growth. Strategic partnerships, such as those with Amazon for electric delivery vans, enhance Rivian’s revenue prospects and visibility in the market, bolstering its longer-term potential. This combination of technical momentum and favorable market fundamentals supports a bullish push toward $18.91 in the near term, with $28.06 as a longer-term target. Follow @The_Trading_Mechanic for more health check-ups on your investments! NASDAQ:RIVN
NASDAQ:RIVNLong
by The_Trading_Mechanic
POTENTIAL LONG OPPORTUNITY IN LATENTVIEW AFTER GOOD RESULTSLATENTVIEW has reported a 34% rise in Y-o-Y Sales and 17% rise in Y-o-Y Profits. PRICE ACTION: WEEKLY: Stock is trading within a range. DAILY: Stock has broken out of a downward trendline. RATIONALE: The good quarterly results might act as trigger point in pushing the price up to the previous resistance. Not much of selling pressure is seen in the red candles. There are significant green candles in the range. This suggests that the stock is in the accumulation stage. Targets and Stoploss are marked in the chart. DISCLAIMER: This is shared for educational purposes only and not a recommendation to BUY/SELL. Please do your own research before taking a decision. Happy Trading!
NSE:LATENTVIEWLong
by sabegum1297
Aditya Birla Capital Ltd. (NSE: ABCAPITAL) Technical AnalysisCurrent Price: ₹201.60 (-0.82%) Price Target (Jefferies): ₹265, maintained at Buy Technical Overview Price Action: The chart reflects a strong support level near ₹197-₹201, where the price is currently hovering. The support zone is reinforced by a trendline that has been respected several times (highlighted with green arrows). This support level aligns with a high-volume node in the volume profile, indicating considerable buying interest around this area. Volume Profile Analysis: A significant amount of trading activity has occurred around the ₹190-₹200 range, suggesting strong demand. On the upside, high trading volume can also be seen around ₹227 and ₹241, which could act as resistance if the stock attempts an upward move. Moving Averages: The 50-day and 200-day moving averages are providing additional support and resistance signals. The stock is currently trading near its 200-day moving average, which has historically provided solid support. A sustained break below this level could indicate bearish momentum. Resistance Zones: The stock has encountered resistance around ₹240 (indicated by red arrows), with multiple attempts to break this level failing. This level will be crucial for the next bullish wave, and a breakout above it could lead to a new upward trend. Key Pattern Observations: A broad ascending triangle pattern is observed, with the stock making higher lows since last year. This bullish structure indicates underlying strength, but a break below the support line could invalidate this pattern. Technical Indicators 1.RSI: The Relative Strength Index is nearing the oversold territory, suggesting that the stock may be due for a reversal or consolidation phase. 2.Support and Resistance Levels: Immediate Support : ₹197 Critical Support : ₹190 Resistance Levels: ₹211, ₹227, ₹241 Outlook and Conclusion With Jefferies setting a revised target of ₹265 and maintaining a Buy rating, there is an optimistic long-term outlook. However, in the short term, the price may continue to consolidate around the ₹190-₹200 support region. Bullish Scenario: If the stock bounces off the ₹197 level, supported by increased volume, it could make another attempt to reach ₹227 or even test the critical ₹240 resistance. Bearish Scenario : A sustained break below ₹190 might attract further selling pressure, pushing the stock toward the ₹175 region. Investment Idea: Traders may look for buy signals around the support zones of ₹190-₹200, with a potential target near ₹227 and ₹240, while maintaining a stop loss slightly below ₹190.
NSE:ABCAPITALLong
by AngshumanSaikia