For me, MSFT is no more longer focussed on their core business. Technical absolut incredible: Negative divergence on RSI Flat on OBV Diamond head formation. Bear market for 12-18 months. Target around 300 USD with gap filling.
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Crypto exchange Crypto.com has partnered with 21.co, the parent company of cryptocurrency asset manager 21Shares, …
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Los Angeles, United States, December 27th, 2024, Chainwire OPX Live is scheduled to launch this Saturday, December 28th, offering a unified platform that integrates token...
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CALIFORNIA, United States, December 27th, 2024, Chainwire Pepeto's Social Media Presence Reaches New Milestone (WA:MMD) With a combined social media following of over 45,800...
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U.Today - Market analyst Aksel Kibar has offered a perceptive analysis of Bitcoin's possible course highlighting a price target of $80,000 in the event that particular chart...
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Here's a weekly chart of GILT on a logarithmic scale to be able to capture the entire lifespan of the stock while still being able to see the price action that's going on at the bottom. Let this settle in. At the peak this stock was $3,360. Now it's selling for $6.09 a piece. The weekly chart has been seeing higher lows since '08, just bouncing of that ascending lower trendline time over time again. With 14 consecutive significant surprises in earnings and/or revenue quarter over quarter since 2021, a huge uptick in volume since early 2020, a golden cross on the daily today 12/4/24 immediately causing a massive spike breaking through an important resistance at around $6.25 and then retracing to a support level around the current price level of $6.10. With a post-market valuation of $6.17 and the MACD currently happily ranging over the zero lign, combined with strong fundamentals I'll leave to the Zack's analysis for now, this could be an excellent time to enter a long term growth stock at a premium. Surely we will see more swings the coming period, given the technicals, fundamentals and the satellite broadband industry they are in, I am accumulating!
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Closer look at GILT at a lower timeframe, no need for Logarithmic scale this time. We just passed the EMA 50/200 golden cross on high volume, coinciding with a hidden bullish divergence on the RSI daily. Pre-market trade is up 2.13% which means we are taking on a challenge of a first line of important resistance at around $6.20, with bear power drying up and bullishcoming in (see chart) I'd say we stand a fair chance of overcoming this resistance perhaps even today. Like in the last post, there have been positive surprises in earnings and revenue for the past fourteen quarters and the higher lows are now apparent on a non-logarithmic scale. Now remember at it's peak this stock was over $2800. High risk, high reward. Depending your trading style, trade safe!
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SealSQ is a Swiss quantum resistant semiconductor manufacturer and it will release its new chips soon. The company is well positioned for corporate and governmental use, especially for new applications for the growing IOT market. The company has about FWB:30M in cash and can survive on that for at least a few years. They launch a satellite with these new chips in collaboration with Wisekey and the Swiss UAV company Parrot. Together with a launch on Hedera Hashgraph for efficient decentralized accounting through Sealcoin - a project that fosters device to device and device to end user IOT transactions. The chart has been hammered down for about 1.5 years and currently is looking to form a double bottom from August to November 2024 lows. Seems to me, most sellers should be done by here, capitulation is for sure behind us. SealSQ has a big incentive to regain $1 before Q2 2025 to stay listed on the Nasdaq and together with a growth outlook, it has a good chance in doing so. Yet, this is a risky play and a very low market cap of around $15M, thus high volatility - either to the upside or downside. It's an all or nothing type of play and if your risk averse, this not for you. Please do your own due diligence first before you make any decisions. The long term breakout target is $35 but first we need to stay above $0.60 to regain a bullish trend. Furthermore $1 and $2.2 are points of resistance. If it breaks $2.2, it can fly and smart investors are keen on deep tech and IOT, so who knows where this may go... Last thing, is a pending breakout of small caps towards ATH, which could fuel a rally for stocks like these. At current prices, it was interesting enough for me to dabble some crypto profits into this stock and see where it goes! Reminder, that this is not financial advice - do your own research.
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SEALSQ looking good here with a local gap fill and a local double bottom with a bullish divergence. Price also direct went back above all time resistance. LAES is now really moving sideways and thus in accumilation. This is a good spot to get some exposure - with such a low market cap, this can go 100x and of couse the company can also fail and go to zero. Do your own research but good risk / reward for me here (just don't bet the fam) See my other idea linked below for more detailed info.
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Bitcoin miners compete to solve mathematical problems in order to add new blocks to the …
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Panama, Republic of Panama, December 27th, 2024, Chainwire Sentient AI, incubated by GameFi.org and partnered with Ape Terminal, Polkastarter, and ChainGPT, has closed its first...
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Dubai, United Arab Emirates, December 27th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, hosted an exclusive meetup in...
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On a phone call the day after Christmas, someone asked me what I thought about Walmart as a stock to buy for someone as a Christmas gift. After reviewing the chart and seeing the inflationary deviation upward, from it's normal upward and healthy bullish trend that looks like a rocket launch, upward at high rates of speed through the top of the bullish trend channel, i said this would not be the time to buy. Just because something reaches new all time highs, does not mean it won't go higher. That factor is really irrelevant because the bearish monthly wick says it all. It's time for a pullback. What the federal reserve says and does it very relevant to this particular stock being discussed. Changes in the inflationary forecast matter. These are the very changes that caused the bullish distortion in price, and when they re-adjust, so to will the price. It's very clear a pullback is due and now we will watch the market determine what it thinks the new fair price of Walmart to be in this new "lesser inflation" economy. So to answer the question, now was not the time to buy but when (and if) the pullback is healthy and resumes it's normal upward trend in the long term trend channel I'd back up the truck and pull the trigger if it met all of my BUY criteria in the technicals. For now, this is not the exact time to be buying. It's time to be watching what price does at former support and resistance levels for signs of a healthier return. This chart was made quickly and not with much thought put into the artistic visuals, but many of you already know what I mean. As soon as you see that teetering top, you know a tumble is here. Today, I got a call of thanks, as they watched the claw back in price begin. It was not investment advice, just pattern recognition opinion. (lol)
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Disney ( NYSE:DIS ) is about to retest strong support: Click chart above to see the detailed analysis👆🏻 Even though Disney has been consolidating for about 10 years now, it is still providing bullish trading setups. Especially the current horizontal support has been holding Disney above water and it is more than likely that Disney will create another bullish reversal away from this level. Levels to watch: $85 Keep your long term vision, Philip (BasicTrading)
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Singapore, Singapore, December 27th, 2024, Chainwire As 2024 draws to a close, HTX, a global digital asset trading platform, announces its Festive Season Campaign, offering a...
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