Despite all odds, real-estate similar to gold and now crypto is a separate class of assets. Realty Income is one of those stock allowing to diversify the portfolio by exposing it to the real estate sector. The chart is shown with the dividend adjustment as this is how it should be viewed - total return. We are in a downward channel after Fed started QT. It took...
NASDAQ:ADBE has recent pulled back to the levels where it becomes a buy and strong buy. Fundamentally the stock is valued at 650-700 levels, hence the majority of analysts median is at 640-650. Technical analysis shows that we are at important fib-level with 475 being a strong support level. We may observe a rapid upside by next earnings, which was the case in...
Looks as the stock is about to break the downtrend and get ready for the reversal. Supply chain disruption held many manufacturing companies from driving up revenues and profits. Yet, this is temporary and the fact the Corsair's management retained FY outlook for revenue is encouraging factor.
Series of negative events and environment was dragging down the stock. Key resistance of 9.2 was not broken in August, taking it into downtrend. Yet, the fundamentally the company is undervalued and flies under radar. It will start grasping more attention as COVISTIX and G-MAB library products will continue progressing with approvals. In short term TA...
I'm long in this stock and been studying it for quite a well. Strong pipeline and recent news on agreement with Texas A&M University System around one of it's development related to fighting Covid-19 by inhibiting MPro enzyme. The company also has several other programs to address Covid-19 as well as cancer, immunological diseases and pain. Technical set-up...
No long description for this chart - it tells it all. The downward trend since end Jun crossing all Fib level and touching the bottom @ 25 and starting bounce back.
Long-term symmetrical triangle + short-term ascending triangle + analysts average consensus being at current level suggests + MA 200 and 50 meeting in the point + MACD in slightly bullish + RCI neutral (42) + volumes at 20-day average Indecision picture overall. What's next? Testing 20 support? Or breaking 22.7? I'm long with small LEAPs.
After overreaction and panic sales and FUD driven by minor miss on earnings, the price almost closed the gap. Important resistance to break is 28.5. Then next key resistance level would be 31.5. Analysts average rating is 40 with the lowest being at 31. I'm with small LEAPS position @ 25, 01/23 in this name.
The chart tells on it's own. Classic setup; however, need to see if 80 resistance is broken. T1: 80 T2: 87 T3: 95
Fib-retracement and break-out of the downtrend Analysts bullish Tensions over Chinese tech sector reducing All indicate back to fair valuations
The headwinds seems to be over and the downtrend is finally broken. What is next? Next key resistance: 224-225 Then: 230-231 Can go quite fast from here; what do you think?
After breaking the key resistance of 25.17, it also passed another level of 26.20. If 26.20 is confirmed, would it go to take 27.40-27.46? And, then, once 27.45 is confirmed, we may see another rally up to 30.50. It may not be the case, as market is volatile; yet, the overall context looks bullish.
With rally since the earnings call, $PLTR reached the most critical level to break $25 - $25.17 It's very strong defense area to be broken to open the road to $30.
Break up or down What's your opinion?
After breaking out from strong downtrend the question remains if Palantir can hold above 22.5-23 to break out from the next downtrend slope.
Before going to technical part of the story, you may want to check-out this quick read with highlights on David Katz (analyst from Jefferies) putting $28 target in next 12 months. More here: finance.yahoo.com Currently, the stock is hovering at key level 15.5 (YTD fib 0.23 and also IPO open). I expect it to wiggle around this level before breaking the downward...
First signs of breaking-up from the downward trend. Palantir remains "the blue ocean" vessel with it's storms, headwinds and... tailwinds too.
The price keeps moving along the downtrend channel. I wonder what it takes to break this resistance.