Luminar is one of the top Lidar Technology companies that been applied for an IPO. Recently they closed a deal with Daimler Truck (The parent company of the Mercedes-Benz). What is more attractive is that their Income statement grew by 24,862.07% from 2018 to 2019 and their Cash Flow went from -122.51K in 2018 to +6.76 million (5,620.22% increase) in 2019. Looks...
VLDR is a lidar technology company. The oversaturation within the EV market can potentially drive the attention to the Battery suppliers and lidar technology companies that are associated with the car industry. Here we would like to present our chart analysis on VLDR which seems to continue forming a symmetrical triangle. In order for VLDR to have a nice and...
5 Year US Government Bonds demonstrate a classic H & S bottom. They say equity market value is RELATIVE to bonds. That is very true. Sky high valuations in stock market are result of cheap money(ie, low rates). End of cheap money? If yes, it has serious implications for equity markets! Follow us for more!
Looks like AI will hit the support line soon! Purchase Strategy: Enter when the MACD pulls the head up. Most probably will at the support line of the trendline. Enter at: 143.50 - 144 Earnings expected on: 03/01/2021
-After releasing the fourth quarter revenue totaling $322 million (up 40% year-over-year) and adding big names into their contracts in the past 3 months such as PG&E, BP, U.S Air Force, and the FDA, PLTR was looking bullish. -However quarterly losses are what accounted for today's drop which came at a total of $156.7 million losses while the street expected $48.1...
Years of downtrend has been broken and we are set to have new highs. As vaccination gains acceleration, commodities should see a demand boost(already happening, see Oil). In contrast, risk-off currencies like Japanese Yen should lose its attractiveness also given deflation risks arising in Japan and Bank of Japan being aggressively loose(bad for JPY). All in...
The managing director of Morgan Stanley, Adam Jonas recently put a target price of $70 for QS. -QS has a game-changing solid-state cell technology for EV batteries. -Their patented ceramic separator gives a higher energy density while keeping the costs low. -Battery safety and charging speed are also looking strong. -It is pretty clear that it has developed a...
As we all know, Cryptos love arches, and Bitcoin is not an exception. BTCUSD has been following this pattern for a while now, and if it won't change its decision then there is a good way up left before a correction! From this chart, we can clearly see why the majority believes in an easy 100,000 milestone.
-After an interesting week full of good news, Unity settled down around $125 (-15%). Although EPS $(0.10) Beat $(0.14) Estimate, Sales $220.30M Beat $204.23M Estimate and ARK purchased shares of U after drop, it didn't show us a come-back immediately. For a week already it has been testing the deeper deeps with slight drops. -We came up with two trendlines for...
If it breaks the 13.29 Resistance point, goes to mars. All it needs is more good news (which come every week) and a good volume. Lets Go!
USDCHF offers really good setup as it is retesting. H&S will work if the price starts moving up from here or the setup will fail. Stop LOSS: 0.884 Take PROFIT: 0.912
DOGECOIN chart setup shows triangle side movement which is generally an indication of further run-up.
Put it to 5m to see what we saw. Double tops initiated the first downtrend and now a symmetrical triangle is in the game. Very bearish!
After having a steady month of waves, SBE came to the point where it will either break the channel or continue with it.
-We had an amazing week with a positive run that came from the news that Bharat and Ocugen reached a vaccine commercialization agreement for the US market. But is it the end of this positive run? As we can observe from the chart there was an Inverted Cup & Handle formed that initiated another downtrend. -Possible support points to break this bearish run would...
After a bearish day today, DogeCoin needs to decide its direction. As we can observe so far it has established Arcs in its patterns.
Nothing affects currencies like interest rates. We all agree on that. Historically speaking, the difference between US Government 10Y Bonds( US10Y ) and German Government 10Y Bunds( DE10Y ) has played a LEADING indicator. As such, the Dollar Index would follow where the interest rates difference goes. We remember very well what happened to US Dollar in 2018 and...
USDCHF offers really good setup as it is retesting. H&S will work if the price starts moving up from here or the setup will fail. Stop LOSS: 0.884 Take PROFIT: 0.912