I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be...
Apple numbers out tomorrow. The news will either be positive or negative. Either way they will impact the price of the stock, usually in a dramatic fashion. To the upside or downwards direction. Knowing where our supply and demand levels are is key. These are two trades we are looking to fill.
Untouched chart from earlier in August.
Low risk entry against "Key Hidden Level" support.
Upside TARGET REACHED TODAY at $50 from $43+ entry.
If you are interested in having these lines drawn for you automatically, try subscribing to the "Key Hidden Levels" at the "Marketplace Add-Ons" in the "Indicators" box on your chart. There are monthly rates and a...
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These levels are based on price around earnings day. I have implemented support for 2 calculation modes:
Mode 1: Level = (low of 1 day prior to earnings + high of 1 day after earnings) / 2.0
Mode 2: Level = (hl2 of 1 day prior to earnings + hl2 of 1 day after earnings + close from earnings day) / 3.0
Chart above shows "Mode 1". Mode can be...
The 50MA has provided an almost unbreakable support for HPQ since the beginning of the year. Although the stock has consolidated the past week or so I see the rally to continue in light of earnings on the 20th towards the $37 price.
Fundamentals:
Nvidia Corp posted higher fiscal second-quarter earningsyesterday after market close and gave a forecast for current-quarter revenues that exceeded Wall Street's estimates, sending shares of the graphics chipmaker higher in after-hours trade.
The outlook in the PC industry has brightened following news that PC shipments were flat in the June quarter,...
Due to worse than expected ER, and lowered guidance, and top of all failed $AGN acquisition, it is very possible that $VRX is going to $90-$100 price level. Company is not profitable and even if their international profits rise (mostly Russia and Europe), there are problems in creating sustainable growth.
Sprint is expected to report a smaller loss than in the first quarter as a massive network overhaul comes close to an end. Investors will look for any update on the company's planned $32 billion bid for T-Mobile, expected to be announced in the next few months. The bid has met with skepticism from regulators, who worry it could reduce competition in the...
I am long SBUX at the moment and expecting it to retest and subsequently exceed the 2013 highs imminently, especially after Starbucks posted earnings of 67 cents per share on $4.15 billion in revenue versus the expected 66 cents on earnings on $4.14 billion.
The stock currently has an average rating of “Buy” and an average target price of $87.33 (Via the ticker...
After breaking down the reversal pattern I mentioned previously, $NFLX managed to hold on a daily support zone (mostly due to market's strength). Breaking below 428$ can lead $NFLX to the completion of AB=CD pattern. That will be the first wave in a stronger downward move based on Weekly chart analysis.
Will NFLX complete this target today?
I believe it will...
Recent news:
* Deal with IBM
* Split 1:7
* Presentation of new iOS 8
* Acquisition of Beats for $2.6 bln + 400 millions of shares
Tendencies and perspectives:
* Smartphones with big screen threaten sales of iPad
* market share of tablets reduced according to research
* Smart home, Apple Smart-TV, Touch ID, iWatch - these are innovations that investors expect from...
After suffering a $4 pps drop over the last two trading days, $AAPL printed a bullish candle stick on the close. Sellers pushed the price down to nearly $92.50 but buyers were able to pull it back up signaling a reverse in the trend.
We are also testing an intraday support line from 7/2 right at yesterdays close. With the MACD flattening out, looking to make a...
$YHOO tested downtrend line as it entered its earning report last night.
A break and close below 34$ could be bad news for $YHOO in the medium term (could lead to 30$)
A break and close above down trend line will signal up-trend continuation with 37$ and 38$ as initial targets
Republishing the last chart again - seems that the price indeed likes to bounce and stop from the identified trend ranges. Earnings come in 2 days and as in previous multiple ERs, being at the 4.5+ area the price went down. This year they provided that PC shipments went up this year, but how well this is going for AMD is yet to be disclosed. ER is as risky as it...
Soon after the previous idea AMD went up for the dreaded 4.50 mark. Again it did not breach higher, not even trading there, went straight down after it. Although there is my bad in missing one parallel line from the recent top to the whole predicted channel - it shows how much of a resistance was at that exact place.
At this moment we have a good setup for...
