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Guardforce AI Co., Limited

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GFAI trade ideas

$GFAI GFAI , prev runner up in pm! Guardforce AI Co., Limited experienced significant movements in its stock price on Thursday, Jul 20, 2023, with a remarkable 99.51% difference between its highest and lowest points during the trading session. The stock price surged impressively, gaining 57.46% in a single day, rising from $4.09 to $6.44. Throughout the trading day, the stock's price fluctuated between a low of $4.05 and a high of $8.08. While there have been some recent declines, the stock is still showing an overall increase of 40.31% over the past two weeks. The trading volume also saw a substantial boost on this day, which is considered a positive technical signal. Approximately 68 million more shares were traded compared to the previous day, with a total of 68 million shares bought and sold, amounting to around $437.64 million in transactions. The stock has broken out of its wide and falling short-term trend, signaling a potentially slower rate of decline and indicating a potential shift in the trend. The current broken trend's roof at $3.98 may now act as a support level, providing an opportunity for the stock to rebound. Some fan-theory suggests a possible next trend-top level at $10.11, which could act as a resistance level that might not be surpassed on the first attempt. Due to the stock's high volatility and uncertain trend direction, it's difficult to provide a specific forecast range for its future performance. However, it's worth noting that if the stock price can maintain its current levels or continue to rise, the prediction target is expected to become more positive in the coming days as the conditions for the current predictions are modified. As with any investment decision, it is essential to conduct thorough research and consider various factors before making any financial moves. Keep in mind that stock prices can be subject to rapid changes, and investment decisions should be made based on a comprehensive understanding of the company's fundamentals and market conditions.
NASDAQ:GFAILong
by MpowerTradez_
4
$GFAI AI Stocks Are On The Rise AgainSmashing its EPS and revenue estimates by $0.17 and $670 million respectively, NVIDIA Corporation (NASDAQ: NVDA) jumped more than 25% in after-hours trading. Almost 60% of the $7.19 billion NVDA recorded in revenue was from AI-related activity and NVDA expects that the vast majority of its sequential increase in revenue in Q2 will come from data centers. After such big news the AI sector could run rampant and Guardforce AI Co., Limited. (NASDAQ: GFAI) is an AI stock that could be setting up for major runs this week. GFAI Fundamentals Guardforce AI Co., Limited (NASDAQ: GFAI) is no stranger when it comes to running with no catalysts concerning itself. Earlier in April, GFAI stock gained more than 300% before settling due to a short squeeze thanks to its high short interest rate then. Moreover, GFAI soared 70% after Alphabet Inc (NASDAQ: GOOGL) released its annual report. Given NVDA’s positive earnings, GFAI stock is highly likely to continue its trend and see a jump in its PPS. While GFAI revenue slightly decreased 2% YoY, its robotic AI segment revenue grew by more than 245%. That coupled with GFAI expanding its operations in mainland China, one of the largest growing robotics markets in the world, makes the outlook for GFAI stock fairly positive. Technical Analysis GFAI stock’s trend is neutral with the stock trading in a sideways channel between $4.93 and $6.21. Looking at the indicators, the stock is trading below the 200, 50, and 21 MAs. Meanwhile, the RSI is neutral at 43 and the MACD is approaching a bullish crossover. It is worth mentioning that there are two gaps on the chart near $11.79 and $7.3 that may be filled in the future. Now that the AI sector is gaining momentum thanks to NVDA’s earnings, GFAI has the potential to fill its gaps considering its popularity among AI stocks. With the stock trading near support, the current PPS could be an attractive entry to capitalize on a potential multi-day run on NVDA’s earnings. GFAI Forecast AI and AI stocks are hot topics right now. After NVDA announced its extremely positive Q1 and its extremely positive guidance for Q2, it is expected that the AI sector will gain a lot of interest. As GFAI is a relatively cheap AI stock that has a history of running on sector-wide catalysts, it makes the perfect candidate for investors wanting to ride on the AI wave at the moment.
NASDAQ:GFAI
by Penny_Stocks_Today
$GFAI AI Stock & Short Squeeze PlayPresently, Guardforce AI CO, Limited (NASDAQ: GFAI) has two things going for it: the performance of its stock and its ability to evolve. GFAI has evolved from a corporation that mainly focused on cash logistics to a tech-savvy secure logistics pioneer. Its operations now include the installation and production of its Robot as a Service (RaaS), which monitors products, advertises, and provides useful data and services to clients. RaaS exemplifies GFAI’s metamorphosis into a robot producer operating in the service industry. GFAI stock, on the other hand, has become a short squeeze play due to building momentum, running more than 400% over the course of this month. GFAI Fundamentals Corporate development is not merely the usage of more advanced technology, but rather an overall alteration of function. GFAI has exemplified this, evolving from simple cash logistics to logistics network monitoring then to data analysis until arriving at its most recent robotics venture. GFAI’s new trajectory presented a couple of challenges. The first is a shift from a service-oriented business into a business that mass produces products – robots. The second is GFAI entering the hospitality industry, which requires extensive knowledge of the industry. Service Industry Robots Last year GFAI acquired three Chinese robotics manufacturers and entered into a partnership with Bluepin – a Hong Kong-based software company that specializes in creating software for institutions within the service industry. GFAI’s partnership with Bluepin provides GFAI with an insider’s view of the hospitality industry. The mutual agreement stipulates that Bluepin’s guest service robots will be integrated into GFAI’s T-Series concierge robots. Those robots would then be marketed by both corporations and sold to other entities within the service industry – mainly hotels. The Chinese companies purchased by GFAI are Shenzhen Keweien, Guangzhou Kewei, and Beijing Wanjia. Shenzhen Keweien and Guangzhou Kewei are notable because they are located in China’s most populous province, Guangdong. Logistically, Guangdong’s position along the South China Sea eases robot exportation. These acquisitions also provided GFAI with valuable assets that aid in its development and in building revenue. Through the acquisitions, GFAI acquired over a dozen robotics patents that are useful in developing its RaaS System. Additionally, robots deployed by these corporations can be used for advertisement purposes. As a result of acquiring these companies, GFAI has expanded its customer to now includes more Fortune 500 companies than before. Overall, GFAI’s partnership with Bluepin conjointly with the industry specific insights from the three acquired companies provides GFAI with the insider knowledge vital to managing its newfound manufacturing power and distribution networks. Having over the course of the last few years maneuvered itself into a position that suits its new business focus, GFAI has deployed more than 6,000 RaaS all over the world. These robots have been developed to service hotels, hospitals, government facilities, tourist sites, and other facilities. They operate on a centralized platform – the Intelligent Cloud Platform (ICP) – which allows GFAI to monitor its robots remotely and integrate solutions throughout the network. This distribution of information also provides GFAI with useful data which is then used by GFAI to further develop its services and features. Due to the rapid rate of its advancement in robotics GFAI increased its Robotics AI revenue by 253% in the first half of 2022. It also set up three main hubs in China, Hong Kong, and the United States during the same period. Each of these hubs is capable of managing over 10,000 robots. GFAI Stock Short Squeeze However, GFAI’s 400% run was not due to its success in the robotics industry. Rather, the sudden surge in GFAI stock value was largely due to a short squeeze play. GFAI’s 1 for 40 reverse split left behind a float of only 1.18 million shares, transforming the stock into a volatile micro-float and an appealing short squeeze candidate. AI stocks experienced a drastic surge in popularity after the success of ChatGPT. But at the start of April, anti-AI sentiment, and presumably waning AI hype triggered a short selling attack on AI stocks. This shift in sentiment coupled with GFAI’s recent reverse split led to mounting short interest which AI investors tried to take advantage of by triggering a short squeeze. GFAI’s recent online popularity could position it not only as an AI stock but as a meme stock as well. While all stocks contain a human element, what differentiates meme stocks is their resonance with public discourse and the popularity of AI technology could make GFAI stock one to watch this year. Meanwhile, the short data for GFAI stock shows a decline in short interest which is currently at 15.7%. Additionally, trading volume has declined since the initial surge on April 3rd when volume reached 38 million shares. As of April 17th, trading volume was 1.5 million which is still higher than its historical volume. A new catalyst could help fuel the next leg up for GFAI, otherwise momentum will likely move towards new AI plays running in sympathy. GFAI Financials Over the six month period ending June 2022, GFAI grew its total assets from HKEX:41 million in December 2021 to $68 million – likely due to its series of acquisitions. GFAI’s total current liabilities also increased from $22.4 million to HKEX:30 million. As of June 2022, GFAI’s total liabilities were $39.4 million. However, GFAI’s revenues have decreased from $18.4 million a year ago to $16.9 million in this six month period. This is definitely a bearish sign for the company but as it optimizes its operations in the robotics industry it may show improvement down the line. Meanwhile, gross profit totaled $1.9 million and its operating loss totaled $5.5 million for this 6 month period. GFAI’s operating expenses increased notably from it’s $1.3 million loss during the same period in 2021. As a result, GFAI reported a net loss of $6.3 million – a substantial increase from its $1.5 million operating loss in the same year-ago period. Technical Analysis GFAI stock pulled back to its $21.61 support and is consolidating near $24.25. The stock has been trading in an upwards channel above the 50 and 200 MA, indicating that the trend is bullish. As for the indicators, GFAI stock is currently testing its lower trendline after breaking through the 21 MA. The 50 and 200 MA recently had a golden cross – another bullish sign – meanwhile the RSI is neutral at 50 and the MACD is bearish but approaching a crossover. Fundamentally, GFAI stock is currently one of the hot AI stocks to watch, however, without a strong upcoming catalyst, momentum could move towards other AI plays. If GFAI stock is able to hold this support level, then it could continue to trade in this channel. If GFAI stock breaks the lower trendline and support, traders could take a short position considering the lower trading volume and the other AI stocks competing for momentum traders’ attention. Otherwise, investors may want to keep GFAI stock on their watchlists considering its low float of 1.18 million shares and the current popularity of AI stocks. GFAI Forecast GFAI made massive strides in 2022 and is eyeing greater success as it pursues a new business direction in the lucrative, diverse, and rapidly expanding robotics market. It’s projected that the robotics market will grow from $36.2 billion to $119.3 billion by 2030. A combination of labor shortage, and escalating wages is likely to catalyze the incorporation of robots in the labor force. With companies like Amazon and Walmart incorporating robots into their warehouse systems, it appears that robots could become the world’s workforce sooner rather than later. While service robots presently represent a small portion of the market, its sales are projected to surpass those of logistics robots. Therefore, GFAI’s shift from logistics to service is well timed considering the future outlook of the robotics market. But from a financial standpoint, GFAI is still suffering losses, which is to be expected when a company enters a new industry. As for GFAI stock and its short squeeze potential, the only foreseeable catalyst for the stock is continuing AI hype. AI was the star of the last earnings season, with references to AI and related terms up 77% from the prior year’s earnings calls – a trend that could continue this earnings season as well. Investors may also see renewed enthusiasm for everything AI now that Elon Musk has founded X.AI – his new AI venture.
NASDAQ:GFAI
by Penny_Stocks_Today
The Rise of AIThe world is super excited about Chat GPT 4 and the rise of the AI. And whenever a lot of people are excited, that gives us good trading opportunities. NASDAQ:GFAI is attracting investors attentions after one year with almost no trading activity and I want to profit on it. Here's my plan for this trade: - Very good trade where the odds are on my side - Will be cautious, however, positioning my targets strategically - I am placing my orders for this trade and forgetting about it until it triggers, it is really good - I will take this trade a 2nd, 3rd and 4th time in case stop loss is hit and price goes back crossing 26.51 up 1st target 2:1 2nd target 3:1 3rd target 5:1 Find the entry and stop marks looking at the Long Position Tool in my chart. Use your LPT in order to find marks for the targets.
NASDAQ:GFAILong
by mdougllas
GFAI 5x avg volume on News of 2 Contracts signed todayGFAI I have watched this stock drop over the last year and was wondering when it would bounce. Jan 3rd 2023 it broke over the 200 EMA that it dipped below back in Sept of last year. But honestly it never really sustained any real time above the 200ema. So this movement is a change in character compared to its movements over the last year. Volume is up 6x more than the avg daily volume of 2.9Mil which is growing as when I started writing this it was only 5x. The float is 41.19 mil not super small but not large by any means. I would like to see this hit .51 cent for a short term goal and I think it could .67 cent for a slightly longer term goal. Just like in any recession things burn down and after a forest is burned down new things start to grow in place of it. by iCantw84it 01/13/23
NASDAQ:GFAILong
by iCantw84it
GFAI Continuation into Week of April 4th I am looking for this to break $2 next week and here are my thoughts on it - Uptrend has been trucking a long nicely over the past couple of weeks. - There was news from 3 days ago that touched on their expansion to Dubai & Australia prompting positive sentiment - There was positive earnings reported 2 days ago that added to the bullish sentiment of this stock (Guardforce AI Non-GAAP EPS of $0.10 beats by $0.20, revenue of $35.15M beats by $0.15M) They are positioning themselves for growth and with recent technical and volume, I believe there is more to be had here. A break of $2 is where I will scale back a piece of my position as I don't like to get too greedy. But I plan to let at least 30-40% of my position ride and see where it goes from there. If we can break and close above 2.30 I think this could go further. Last high of 2.28 was back in December of 2021. This is just an idea that I am playing with and not financial advice. Guardforce AI Co., Ltd. engages in the provision of cash solutions and cash handling services. Its services include cash-in-transit, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions. The company was founded on April 20, 2018 and is headquartered in Bangkok, Thailand.
NASDAQ:GFAI
by azheng2649
$GFAI Next Target PTs 1.50-2-4 and higherGuardforce AI Co., Limited offers cash solutions and cash handling services in Thailand. The company's services include cash-in-transit, vehicles to banks, ATM management, cash center operations, cash processing, coin processing, and cheque center services, as well as cash deposit machine solutions comprising cash deposit management and express cash services. Its customers include local commercial banks, chain retailers, coin manufacturing mints, and government authorities. The company was incorporated in 2018 and is based in Bangkok, Thailand.
NASDAQ:GFAILong
by BADQOMOCAWGOWLD