Comcast (CMCSA) bearish scenario:The technical figure Channel Up can be found in the daily chart in the US company Comcast Corporation (CMCSA). Comcast Corporation is the largest American multinational telecommunications conglomerate. It is the second-largest broadcasting and cable television company in the world by revenue (behind AT&T), the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. It provides services to U.S. residential and commercial customers in 40 states and the District of Columbia. The Channel UP broke through the support line on 22/02/2023. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 23 days towards 34.83 USD. According to experts, your stop-loss order should be placed at 40.74 USD if you decide to enter this position.
Comcast Corp has cut its stake in BuzzFeed Inc by 8.5% since the end of January, cashing in on a rally in the shares of the digital media company on reports of a plan to partner with OpenAI, the artificial intelligence firm behind ChatGPT.
It has so far sold more than 11 million BuzzFeed shares since Jan. 30, reducing its stake to 15.5% from 24%. The sale fetched Comcast about $28 million, according to a Reuters calculation.
It sold roughly four million shares for an average price of around $2.90 apiece at the end of January, and most recently dumped another 500,000 shares for an average of $2.05 a share, filings by Comcast showed.
NBCUniversal, Comcast's entertainment unit, had invested $200 million in BuzzFeed in 2015 and injected another $200 million in 2016, valuing the company at around $1.7 billion.
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Internet
(ICPUSD) has good growth potential to values of $14.30Bitcoin has shown growth to values of $25,000. By April and possibly including the month of April, Bitcoin may gradually reach around $30,000.
Altcoins currently have good entry points for a mini alt season.
Stop profit trade at a 1:7 ratio.
I have selected coins that are interesting to buy in this mini alt season and that have potential for growth.
— The coin ICP is a buy point at $6.20
— The zone ICP for profit-taking is $14.30
ICP Unchained?Bearish Idea
ICP looks like copying the same price action as before it did in the box labeled 1. I believe it will rise to Retest the area around 4.5-4.6. If the price got rejected from that area than we could expect more fall till to 3.5-2-1.5.
Bullish Idea
FTX was one of the main reason why ICP fell so much but beacuse of the late events, maybe it could be a chance ICP to get rid of it's chains. In that case, if it can break the upper trendline(the black one), then we could expect more rise up to 9.80.
For the both case, I think we should wait for the comformation.
Not a financial advice. I am just correcting my previous graphs.
Bearish Scenario For ICPWe should always consider the two scenario, Bullish and Bearish, for the market. I already shared my Bullish idea about ICP with the double buttom formation. Now, let's consider the bad scenario. ICP looks like copying the same pattern which it did on May-June 2022. If the price goes down from 4$ we could expect huge dump on the price until 1.40-1.50$. Unforutenately it still could not break the ressistance trend line so we should be carefull on this coin.
BABA MOMENTUM POSITIVEWeekly Chart - BABA
I am taking an interest in BABA here. It has been in a steep correction for well over a year and appears to have made a bullish wedge. What really has my attention is not only the price breakout above but also the momentum break. I may leave myself a little room and time here but I personally may take a heavier interest if it stays this cheap or drags sideways.
These patterns are great for trading the spikes but there are no guarantees. It's not uncommon to see a large spike up (15-30%) only to correct and go nowhere for weeks or months. A breakout does not guarantee profit.. but for me the reward outweighs the risk in this zone.
Let's see what happens.
$NET, THE DISCOUNT OF THE DECADEBuying Cloudflare stock at these levels, and what seems to be an approaching opportunity to buy it at ~$30 is just an incredible discount.
Myself and so many other developers around the world love building and deploying on Cloudflare, it's amazingly cost-friendly with a lot of free entry plans to get started at no cost. I am uber bullish on developers in general, it's a space that will grow exponentially. So many kids are growing up, wanting to code and deploy projects and Cloudflare makes it easy for them to get started at no cost, this is huge. When these kids grow up, they will be advocates for Cloudflare, they will pay it back. They will scale their web apps on Cloudflare, they will spend their money with the company that let them start building at no cost. It's what they'll be familiar with and Cloudflare will have a suite of products that will fulfill their needs.
Cloudflare builds the right product and they build it fast.
The founder is the CEO. They have a great leader at the helm who lives and breathes the space -- natural and passionate innovator. This is someone I have full confidence backing.
Cloudflare continues to grow 50%+ YoY. This is the time to buy company's that are continuing to grow, despite the conditions of the economy. ibb.co
As for the technicals, it sure seems that we are on the C wave of an ABC correction. I also added some trend lines that may or may not be respected. I am eyeing a bounce around $31 in late August.
This is not financial advice. This is my personal opinion.
6/12/22 KWEBKraneShares Trust CSI China Internet ETF ( AMEX:KWEB )
Sector: Miscellaneous (Investment Trusts/Mutual Funds)
Market Capitalization: $--
Current Price: $37.80-$39.60
Breakout price: $32.70
Buy Zone (Top/Bottom Range): $31.60-$26.35
Price Target: $37.80-$39.60
Estimated Duration to Target: 50-53d
Contract of Interest: $KWEB 8/19/22 35c
Trade price as of publish date: $2.38/contract
Alibaba (BABA, BUY) Solid F4Q; Now is the Inflection Point
We are upgrading our rating from HOLD to BUY and maintain our PT of $130 as F4Q results beat estimates and we see F1Q (June quarter) as the long-awaited inflection point for the company. CMR was flat y/y in F4Q (vs. -1% in Dec. quarter), despite a low-single-digit decline in GMV due to disruptions in supply chain and logistics in March. Cloud revenue grew 12% y/y, decelerating 8pts from F3Q due to macro weakness and COVID. Global AACs reached 1.31B, adding 30M sequentially, with 1B from China. Mgmt. indicates that June quarter will be more challenging as a result of COVID resurgence and lockdowns. In April, total revenue declined low-single-digit;China retail marketplace GMV declined low-teens due to supply chain and logistics disruptions, with May improving but still not fully recovered. Given the macro uncertainty, BABA is not providing revenue guidance for FY23. Repurchased 17.8M
ADSs for $2.0B during the quarter.
Despite the more challenging June quarter, we are upgrading BABA to BUY as we believe both revenue and profitability will bottom out and hit a long-awaited inflection point in the quarter. With government's stimulus policies kicking in and an easier comp, BABA's revenue growth and margin should start to improve in the 2H. In addition, BABA is trading at 11x CY23E earnings, significantly lower than the fiveyear-average of 22x. Although the stock's growth thesis has been muted since 2021, we see positive earnings revisions and valuation improvement in the coming quarters. NYSE:BABA
<ICP> support and resistance zone. 20$, 40$, 60$,100$I present the idea of who trades the ICP instrument, the levels are for informational purposes, the price can be at any point, everything is at your own peril and risk. At this moment, we have a seller who sold hard and aggressively in the zones of 100, 60, 40 and 20 dollars, the last sale in the region of $ 20 was broken, a buyer appeared, let's see what distance he can withstand, it all depends on the zones of the seller, and they strong, be very careful in these areas. My target and scenario is a five-wave buying structure to the $100 zone, but things can be different and you should be ready for it. All profit.
WNW from $160 to $2.09Wunong Net Technology Company Limited Changed its name to Meiwu Technology Company Limited
Xinliang Zhang, CEO of the Company: “The Company’s new name better reflects the Company’s international business line beyond its Wunong Net business as a global high-tech internet trading platform with a global commodity chain and the comprehensive services such as online consultation, display, sales and after-sales services. We are excited about our development in this new chapter.”
This is a speculative buy.
CWEB Weekly Options PlayDescription
CWEB has been working it down from its ATH since FEB of this year, and has gotten stopped up in the congestion pattern.
I have been watching it to pick a direction to enter a position and it looks like it finally has broken to the downside.
I have been using Long Puts in all my short positions because I do not want to cap my downside potential to leave it open for fat tail scenarios in the current market environment.
Call Debit Spread
Levels on Chart
SL > 17.5
This level marks an all-time low in the security.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/17 16P
R/R & Breakevens vary on fill.
The long call is placed ATM for highest chance of profit at expiration.
12/17 is all I'm willing to go with for expiration because I do not want to pay the extra premium to push it out to January.
Manage Risk
Only invest what you are willing to lose
HNTUSDTcan it be HNT pattern ?? it is a 5G internet based on Blockchain .. IOT integrate project
it used POC proof of coverage! it's a very powerful distributed infrastructure of the internet
Internet Computer (ICP) can go down to $11Most of you can say this is a classic Wyckoff accumulation with the last shakeout spring, but it seems to be not.
Main reasons are that on 3d timeframe ICP looks very weak, this is not how spring usually looks.
I expect ICP to go sideways, maybe test its resistance and then go down to $11 or even less.
(ICP) Internet computer does not look good(ICP) Internet computer does not look good.
early investors are up 500X and selling off their shares.
Also there are not many users of ICP but that is growing.
It seems that the rules have bee set up to drop the price of this coin over the next few months as they build out infrastructure.
The idea of rebuilding the entire internet is a much bigger problem than you might think. Think of it as shipping container level efficiency, but slightly improved, but keep the monopolies. I would wait a few more months for the price to settle down before I consider investing with the intention to buy and hold til 2025.
Netflix and their change of apparent investment policyNASDAQ:NFLX has been notorious for having a rather conservative investment policy, being reserved in all means of their financial interactions. Whether we're referring to their accumulation of debt, acquisitions or overall spending. In recent times, their management has been making very questionable financial decisions. Their most questionable financial decision as of around 2 days ago, was their decision to place 2% of their cash holdings in black-led banks to attempt to "narrow racial wealth gap" according to Yahoo Finance. As many are aware, this is the company making a desperate attempt at appealing to the public eye considering recent events. Obviously the investment community did not appreciate this careless "flinging" of money at various corporations with limited investigation into their current financial states. For those unaware, this was the primary cause of the strong sell orientation of the stock.
In the big scheme of things, despite that considerable amount of money being used for "political correctness acts", the stock should recover in the coming months, although this has unsettled many long-term holders of the stock (reducing their faith in management in the company, especially as it is moved around). As it goes in the market, only time shall tell. Personally, I can think of more suitable alternatives to place my money into. If you're a trader who is seeking daily action, then go ahead, Netflix might be one of the stocks you want to 'play' with.
As always, any opinions or facts that I'm unaware of, are welcome anytime. Comment away!
TL;DR: Netflix's management have been making questionable investment decisions with cash holdings which has destabilized their stock.
internet computer (ICP) awesome opportunity to BUY!!! Hi again traders!
at first i thank you guys for your support of my previous analysis (BTC) :)
now i have currency for you which didn't rise based on recent other coins and its a good shot to catch the bird!
ICP hit our lower trend line 3 times and failed to break it also our upper trend line which was broken before touched again(pull back) that shows a MTR pattern and due to these reasons we expect an huge rally from ICP
by the way ICP had a massive drop since past 3 months and its good for long term investment
ICP market cap rank : # 28
ICP trading Volume : 23% increased since 24h ago






















