CCLD is shown on a daily chart with the only indicator being a volume profile. Horizontal lines are drawn from some prominent pivots. As a microcap CCLD has more volatility than the big name IT/AI stock. It also has upside as it is currently priced at 15% of the all time highs in 2021. The initial target is 3.5 based on the low volume consolidations of the...
NET on the 15-minute chart demonstrates the swing-long trades of this past week. 5-6 entries and 3-4 exits- accumulating a few shares at a time and closing only one at a time to gradually average up. The setup is explained in the chart textboxes. Using TV indicators for line crossing alerts to minimize the effort of time. Trade is still open and following the...
Morning*'s valuation implies 2024 EV/Sales multiple of 5.5x. Forecasted Revenue growth 24% annualized rate over next five years! TTM Rev Growth YoY was 43%; 206% above sector median! Rev FWD growth is 26% or 142% above sector median. Expected to become profitable on adjusted OpMargin basis next year and GAAP profitable in 2027 in line with current models as long...
If you haven`t sold the Head and Shoulders bearish chart pattern: or played the reversal last time: Now looking at the SNOW Snowflake options chain ahead of earnings , i would buy the $150 strike price Calls with 2022-12-16 expiration date for about $10.30 premium. If the options turn out to be profitable Before the earnings release, i would sell at least...
American Virtual Cloud Technologies, Inc. (AVCT) is one of the most undervalued virtual cloud companies in my opinion. Loop Capital has a $17 price target for it. Virtual Cloud services are the essence of the Metaverse, they will see increasing demand. I see a 3X upside potential on AVCT from here.
I know, it seems ridiculous, but last year Loop Capital Initiated Coverage on American Virtual Cloud Technologies, Inc. (AVCT) with a Buy rating and a $17.00 price target. Now i am not sure if American Virtual Cloud Technologies, Inc. (AVCT) is such an amazing company to do 14.5X, even though the cloud services will be the essence of the Metaverse, but i think...
AVCtechnologies existing enterprise customers including IBM, AT&T, and Etisalat! AVCtechnologies delivers a full suite of cloud-based Unified Communications as a Service (UCaaS) capabilities to its cloud customers through its carrier-grade Kandy Business Solutions including Cloud PBX, Smart Office UC Clients, Collaboration, Contact Center, and SIP Trunks. Loop...
Since IPO Okta has maintained it's growth and it has done that in phases. Looking at weekly chart it looks promising and consistent in 4 year long uptrend. In 2021 it has mostly consolidated and absorbed last years growth and gearing up for next phase of growth. Okta has earnings on Dec 1, be careful about position sizing. Try to avoid earnings volatility.
Almost 50% below its all-time high in October 2017. At a relevant support level around $ 14, the next bottom is at $ 12. It has a resistance near $ 17. It reaches its peaks in the fall, if this pattern is replicated it could reach 25 dollars for this year (almost 80% profit with the current price). RSI and stochastic at the oversold point. Although it fell...