TicksandWicks22

TicksandWicks22

Introduction: C3.ai, an enterprise AI software company, has recently been catching attention with a new low in its price action after reaching all-time highs. With the AI sector heating up and a historical precedent in Nvidia's ( NASDAQ:NVDA ) stock soaring after AI chip news, we might be in for an interesting ride with C3.ai ( NYSE:AI ). Analysis: 1. Company...

TicksandWicks22

NYSE:HD has profitable for the past five years, with earnings per share (EPS) growing at an average rate of 17.67%. The company also pays a dividend, which has been growing at an average rate of 16.37%. The company's valuation metrics are also relatively healthy, with a price-to-earnings ratio (P/E) of 17.355 and a price-to-book ratio of 205.99. However, there...

TicksandWicks22

Carvana ( NYSE:CVNA ), the innovative online used car retailer, has recently shown signs of a regular bearish divergence on its chart, indicating a potential reversal in its current trend. With an identified entry, stop loss, and take profit points, we could be looking at a shorting opportunity here. Technical Indicators: The regular bearish divergence, circled...

TicksandWicks22

NASDAQ:HOOD Robinhood ( NASDAQ:HOOD ), the popular retail trading app, has seen its stock price heat up over the last four days. However, with upcoming earnings on the horizon, we might see a cooling off period for the stock. Recent Run: Over the last four trading days, Robinhood's stock has demonstrated strong bullish momentum. The rising trading volumes and...

TicksandWicks22

NYSE:DIS Disney ( NYSE:DIS ), a leading name in global entertainment, recently broke through a significant resistance level at 103.58, showing potential for further upside. With a soon-to-be-released earnings report and strong fundamental performance, the stage seems set for an exciting play. Technical Outlook: Disney's stock price broke through a key...

TicksandWicks22

NASDAQ:WEN , the well-known fast-food chain, presents a mixed bag for investors. While the company has managed to increase dividends and improve sales, a drop in profitability and free cash flow, along with an increased reliance on debt, may raise concerns. 1. Earnings and Profitability: Over the last twelve months, Wendy's earnings per share (EPS) decreased by...

TicksandWicks22

NYSE:OXY Occidental Petroleum (OXY) experienced a sell off on May 8th, with a decrease of $1.73 (-2.85%). The stock has a very strong support level at $58.64, and I believe that if OXY reaches this level or falls slightly below it, a bullish reversal is likely. This pattern is similar to what happened on May 4th, 2023. Traders should also be aware that OXY is...

TicksandWicks22

NASDAQ:ABNB Airbnb (ABNB) experienced an upswing for the majority of the trading day on May 8th. However, towards the end of the day, it started to break from its intraday highs, indicating potential for a short-term bearish outlook. This trading idea aims to capitalize on this expected downtrend, but traders should be cautious as Airbnb is scheduled to release...

TicksandWicks22

Based on the financial data, here's a summary of the company's performance: Share Values: - The company's earnings per share (EPS) have decreased by 68.27% YoY to $2.09 in the TTM. - The book value per share has slightly decreased by 4.23% YoY to $17.85. - Free cash flow per share has declined by 14.72% YoY to $4.80. Profitability: - Return on equity (ROE) has...

TicksandWicks22

Timeframe: Weekly Support Level: 4045 Resistance Level: 4227.5 Target Level: 3750 Current Market Structure: Sideways (since mid-March) Idea Summary: CBOE:SPX The S&P 500 (SPX) has been moving in a sideways pattern between the strong support level at 4045 and the strong resistance level at 4227.5. Given the ongoing uncertainty surrounding the debt ceiling...