This stock price is closely following the Livermore pattern. Additionally, their products may experience record breaking demand in the coming data center build out, to power AI and the next generation of the digital economy. Immediate price target is ~$30 a share. I am long $AAOI.
Binance, a leading cryptocurrency exchange, recently received official registration from India's Financial Intelligence Unit (FIU) after a prolonged dispute with regulators. The FIU's approval marks the second time an offshore crypto exchange has been granted such a registration, the first being KuCoin. However, the news has been followed by a 2% decline in...
Taking a look at SPX on the 15, has 2 up gaps to fill and is nearing the top of this Ascending Channel. If it decides to break down, we could see a $100-120 gap down.
Wells Fargo ( NYSE:WFC ), one of the largest U.S. banks, has invested in Grayscale's spot Bitcoin ETF offering. The company owns 37 ProShares Bitcoin Strategy ETF shares, 2,245 shares of the Grayscale Bitcoin Trust converted into an ETF, and 52 Bitcoin Depot shares on its balance sheet. The total cost of the Bitcoin investment was over $143,000. The SEC...
Bitcoin produced a major bullish wave starting October 2023. On the chart, this event matches a move above MA200 (black line). Notice how Bitcoin is ultra-bullish (October 2023) as it moves above MA200. Safely trading above this level, we continued to see sustained growth. In the month of January 2024, Bitcoin produced a small retrace and MA200 was tested and...
Item Name: ADA *If you follow SEOVERIGN, you can get an alarm. *Boost gives SEOVERIGN the momentum to analyze more of the other stocks! Nice to meet you. SEOVERIGN - This is SeoVerign. Ada has completed the formation of a triangle pattern. Based on the analysis, Ada is expected to fall. Bitcoin's volatility has increased. Special attention is required. I...
Sweetgreen shares ( NYSE:SG ) surged by 35% on Friday after the company reported better-than-expected revenue results for its fiscal first quarter. The salad chain also raised its revenue and adjusted EBITDA guidance for fiscal year 2024. The company announced earlier this week that it is adding steak to its menu in an expansion of its protein...
Novavax shares ( NASDAQ:NVAX ) surged over 130% after a $1.4 billion deal with Sanofi was announced to commercialize its Covid vaccine and develop a new combination shot for protecting against the flu and Covid. The biotech firm announced a licensing agreement with Sanofi to sell Novavax’s Covid vaccine worldwide, with Sanofi paying Novavax $500 million upfront...
On 1D scale, AB=CD has been drawn. Once previous HH is broken then take Entry through Buy Stop at 2399 . Keep Stop Loss at previous Higher Low at 2277. Set TPs as per risk reward. My values are depicted on chart. At 2670 tp 2790 is Potential Reversal Zone (PRZ). One may be mindful to be vigilant of reversal.
Hey Everyone, Once again another smashing finish to the week with our Bullish targets hit confirmed with ema5 lock to give us plenty of time to get in for the action. Yesterday after getting our lock confirmation above 2313 we confirmed the 2340 gap, which was left open and just fell short and we were looking for it to complete. - This was hit perfectly...
End of day update from us here at KOG: Yesterday we longed up into the order region and then shorted from the RIP, protecting our trades overnight and taking partials. We suggested two levels to long or short from but said breaking above will take us into the 2370-75 region. The move happened early session so didn't give us the chance to capture it, instead...
The yellow channel represents a rollover of the linear regression if we do not break all time highs. The top of the rollover channel was almost tapped today giving me confidence in the trade. I will remain short until either the weekly slow-stoch re-embeds above 80 or we break an all time high. If we get the roll over into the yellow-lined channel; then the...
It seems that big push to 65500 was just a trap, as expected. We are still on track with my previous idea forecasting BTC to consolidate around 52000 to 54000 for the next 2 months, until July. As you can see on the 2H chart, we experienced a failed inverse head and shoulder pattern. Price target is 53500 cents within the next 7 days. Remember, patience is paramount.
This is a short call that I had forced the last wave up to be an "ending diagonal". The reason for doing so is because of the price-volume divergence that is shown on the daily timeframe when AMZN was making a new high. For those who are familiar with "Ending Diagonal", the imperfection will to be pointed out is" "Wave 1" did not show clear 3 waves. "Wave 2" is...
SoundHound ( NASDAQ:SOUN ) AI shares surged over 14% in late trading on Thursday after the company surpassed analysts' first-quarter revenue estimates and raised its full-year sales outlook amid growing demand for artificial intelligence (AI) speech recognition software. The Silicon Valley-based tech company reported revenue of $11.6 million for the three-month...
Price is at the trend deciding zone 5200 - 5220. We had continuous uptrend for few days. Will price take a pause, have a pull back before moving up? Buy above 5230 with the stop loss of 5210 for the targets 5260, 5300, 5340 and 5380. Sell below 5180 with the stop loss of 5210 for the targets 5150, 5110, 5060 and 5020. Support is seen at 4980 - 5020. Check the...
Taiwanese chip giant BCBA:TSMC reported a 60% increase in April revenue, driven by a surge in demand for advanced semiconductors used in AI hardware. The Taiwan Semiconductor Manufacturing Company controls over half the world's chip output and supplies them for various products, including Apple's iPhones and Nvidia's artificial intelligence hardware. The...
T-Mobile and Verizon Communications ( NYSE:VZ ) are in talks to buy parts of United States Cellular for over $2 billion, according to the Wall Street Journal. Shares of the regional wireless carrier jumped 8.6% to $39.08. T-Mobile is close on a deal to buy a chunk of U.S. Cellular for more than $2 billion, taking over some operations and wireless spectrum...