This is a copy&paste from a Bank of America Global Research Note: "MCHP is a semiconductor devices stock that is forming late 2021 into mid 2023 big base. A decisive breakout above resistance at 87-88 and the late 2021 high a 90 would confirm this bullish setup and favor further upside to pattern counts at 104 and 120. Until then, rising 13, 26 and 40-week MAs...
The recent spike in ENVX stock followed a purchase order from the U.S. Army. The latest purchase order is a positive step for Enovix as the company moves its U.S. Army program closer to full-volume production. The company is setting up the infrastructure for high-volume manufacturing and scaling its production. The company expects to produce 180,000 cells in...
Bluebird bio (BLUE) is a biotech company focused on developing and commercializing gene and cell therapies to treat genetic diseases. Lead asset LentiGlobin (Zynteglo) is approved in US and Europe for the treatment of transfusion-dependent thalassemia. Bluebird's LentiGlobin (lovo-cel) is also in pre-registrational stage for sickle cell disease. Bluebird is also...
According to Argus, ZBH completed an inverse headand-shoulders bottom in mid-Aprilon above-average volume. On May 2, the stock gapped higher to recovery highs on massive volumefollowing better-than-expected quarterly results. The gap did not hold and over the next four weeks, the shares pulled all the way back to their 21-month exponential. ZBH then popped...
According to TipRanks, the average price target of RIVN is $21.14 with a high forecast of $40.00 and a low forecast of $10.00. The average price target represents a 51.00% change from the last price of $14.00.
Arm is talking to at least ten companies, including Intel Corp, Alphabet Inc, Apple Inc., Microsoft Corp., TSMC, and Samsung Electronics Co Ltd., about their potential participation in the IPO. Slated for release in 2025, the all-new Falcon Shores design will be Intel's flagship foray into the AI chip sector. The company's recent announcement offered a small,...
MTCH has an A.I. powered Photo Verification and possible other development in the background. Based on seasonality, it tends to be bullish in June.
I'm trading GTLB to the $65 zone ... According TipRanks, the average price target is $51.80 with a high forecast of $70.00 and a low forecast of $39.00.
Morgan Stanley likes Baidu's long-term potential as the industry pioneer in AI initiatives and autonomous driving.
Summary of ORCL's technical on its daily chart: The RSI is trading above 70. This could mean that either the stock is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20...
A note on Bank of America Global Research back in April 2023: "TSLA’s financial outlook is focused on longer-term targets, which it largely reaffirmed this quarter including: 1) 50% annual growth in vehicle deliveries over a multi-year horizon; 2) Sufficient liquidity for its product roadmap and capacity expansion; 3) Continued cost reduction in...
NXPI is a semiconductor devices stock that has the potential to break out from a February 2022 into June 2023 big base pattern. A decisive push above 197-198 would confirm this bullish setup and suggest upside back to the late 2021 peaks near 228-229 and 239-240 and then toward the pattern count at 260-263. Until then, NXPI has support from 186 (chart level) to...
MCO is a financial exchanges and data stock that is breaking out from a May 2022 into June 2023 big base. This pattern favors upside back to the 2021 peaks near 388 and 408 with additional potential to the pattern count at 420-422. Holding 336 to 325 keeps the breakout firmly intact for MCO. Rising 13, 26, 40-week and 200-week MAs underpin this bullish trend from...
There definitely a bipartisan support for higher naval spending to counter China will help offset labor constraints that continue to plague the naval supply chain. BWXT also has a business in Uranium processing and related products. In its daily timeframe, a decisive rally above 67.50 would confirm an April 2018 into June 2023 big base with upside potential to...
yep ... Medtronic has been taking advantage of A.I. for years. "By harnessing the power of AI, data analytics, and sensors, Medtronic's healthcare technologies are helping clinicians create individualized treatment plans to achieve better outcomes for more people in more places. From the world’s first hybrid closed-loop insulin delivery system to robotic-assisted...
"DraftKings is a digital sports entertainment and gaming company, providing users with sports betting and iGaming opportunities. It is also involved in the design and development of sports betting and casino gaming software. Since it started trading in 4/2020, DKNG has had one massive advance and one huge decline. The stock rose to $74 in 3/2021 after starting at...
3M has made 30+ investments in start-up. One example of its investment is GrayMatter Rotobics: GrayMatter Robotics’ proprietary GMR-AI™ rapidly automates the high-mix, high-variability manufacturing surface finishing needs: sanding, blasting, buffing, polishing, spraying, coating, trimming, and inspection
Its next earning: July 25 I'm trading it to $210 into its earning. Keywords in Media coverage: expanding its market presence rising demand for solar energy solutions allowing homeowners to gain more savings enhancing its competitive edge was indicative of these growing tribulations buying the stock leading to its price moving higher manufacturing fully...