Cybersecurity equity valuations are soaring because people and investors realize that they will play an increasing role within company lives as we move further into the digitization of our economy. Crowdstrike is an attractive investment mainly because of its rapidly increasing FCF and gross margins. Their ARR has also been rapid as they acquire new customers...
I'm remaining bullish here for as long as the 13-day MA keeps climbing above the 21-day. Solid structure forming with a clear break from its previous neckline/resistance. "According to an article in the European Business Review, domestic sports betting revenue in the U.S. is projected to be valued at $7 billion by 2025… and it continued saying that, according...
I believe that PLTR has been enduring a long-term accumulation phase, with an IH&S appearing on the daily time frame. Watching today's price action was very encouraging, with more-than-usual volume helping PLTR break through an important resistance level (marked in yellow). I'll be watching to see if PLTR can push to Wave 3, therefore validating the next step in...
Looking at Ethereum's price relative to Bitcoin's all the way back to early 2020, we've seen this similar breakout pattern occur twice before. A few months of consolidation and then a powerful move above its relative MA for a sustained breakout. Ethereum has been clearly outperforming Bitcoin and will sustain its dominance if this current breakout is validated.
After a successful acquisition of #Slack by July 31st (per their regulatory filing ), #CRM is poised to return to previous resistance levels. I like ~ $261 (R1) as the next clear direction for the stock. If broken, watch for a return to ~ $270 (R2) as well. With data provided by MarketBeat.com , the average consensus price target from analysts is $278.65,...
With tech indices gaining much-needed momentum last week, lower bond yields helped push Palantir past a key level in price action. Since December of 2020, PLTR had been trending in a downward channel- with lower lows and lower highs being established. On June 2nd, the price seemed to have broken out of that channel and may indicate a reversal in price action if...
I am #bullish on $PYPL stock for the technical reasons indicated on the chart. Digital currencies and wallets will be here to stay. #Opinion
Gaming and eSports are here to stay! One of my favorite ETFs of this particular sector is $NERD.
$1100 PT by July? #Tesla's chart is a thing of beauty. As more volume has poured in going into #2021, I have started to notice specific patterns arise on $TSLA's chart. Large runups a few days/weeks after earnings, consolidation into a falling wedge, and then rinse and repeat. This is indeed a risky play, but Tesla tends to burn shorts when they least expect...
Proterra is a force to be reckoned with, as the Biden administration recently came out with a statement regarding the necessity of transforming traditional ICE buses with new, fully electric fleets. "Biden has proposed spending $20 Billion to electrify at least 20% of school buses and $25 Billion to electrify some transit vehicles as part of his $2.3 Trillion...
Gold bottomed on March 8th, 2021. born2invest.com Kinross Gold's financials have also improved at a staggering rate since 2018. 2018 Financials: $3.05 Billion Revenue ($22.40 Million) Net Income -0.73% Profit Margin 2020 Financials: $4.44 Billion Revenue $1.41 Billion Net Income 31.86% Profit Margin When technicals and fundamentals line up, long-term plays...
With an abundance of catalysts approaching soon, including Q1 earnings for 2021, I don't see Tesla taking the doom of death that many Michael Burry fanboys have been preaching. Tesla has proven bears wrong before and will do it again. Whether you want to believe it or not, Tesla is both disrupting and dominating the EV industry at a rapid pace- "As it turns out,...
Refer to the text within the chart to explore my opinions on future projections. OTC:MCOA Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal,...
For $BFT HODLers, we understand what we own. Paysafe is an online payment juggernaut, with little attention from outside analysts covering the SPAC merge. The technical indicators are there to indicate a reversal in price action, and Paysafe has never had more sound fundamentals as well. It seems that MM's have kept this one down for a reason- excited to see what...
This is strictly a speculative play on federal marijuana legalization, with reform being a top issue in politics currently. I dug a little deeper and found some promising words from the organization's CEO Jesus Quintero in an audio interview with SmallCapVoice.com, posted today on March 4th. Part of the transcript goes as follows: “We have made great strides...
There might be a sign of hope in the near future! $SQQQ has rallied hard today, showing true weakness in the overall tech market. Although this rally crushed a ton of growth equities, there are a few critical things to note here. $SQQQ is showing signs of a bearish formation on the 1-month (triple top chart pattern), and various catalysts regarding vaccine...
Purely technical trade- do your own research and invest at your own risk. This one is a beauty, guys and gals! EV play within the battery space. Potential heavy hitter for the next few years
I've corrected my last idea ( ) on the formation of the Bullish pennant and the date of my PT. MACD and RSI on the 3-month are still looking very tasty. As I described in my last $ACTC post, Proterra has a strong presence in the EV space- owning 50% of the North American market share within EV bus sales. Short interest has also DOUBLED in a two-week timeframe....