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Tesla Rebounds From Multi Year Key SupportTesla's shares rose after the announcement of new models. Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models. Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing away from more ambitious plans to produce an all-new model expected to cost $25,000. The rise in Tesla shares provided a much-needed boost after Tesla struggled for months with tough competition and declining sales. In technical terms, Tesla shares are supported by a multi-year uptrend. In addition, resistance trend line is also pointed out.
NASDAQ:TSLA
by Pandorra
Down by 55% now, one should you buy or avoid it !Here in Aavas Financiers are already declined by 55% in the last few months and currently trading at the 1353 level with strong support at 1335 & 1330. Look like it will take reversal from this level now and again fly high for a strong target as below : Buy Above 1385 level on a closing basis Target 1 - 1510 Target 2 - 1588 Target 3 - 1700 Strict Stop loss - 1300 Please consult your financial advisor before taking any trade on my analysis.
NSE:AAVASLong
by smartmarketview
Tesla - Breakout leading to four digits!NASDAQ:TSLA is attempting to break out of the long term descending triangle consolidation. If you cannot wait patiently for your textbook setups, there is no chance you will make money trading. For almost four years, Tesla has been consolidating in a huge triangle formation. And it seems like Tesla is finally breaking out towards the upside. This breakout was actually not unexpected at all and provides a very high probability trading opportunity in the near future. Levels to watch: $250 Keep your long term vision, Philip - BasicTrading
NASDAQ:TSLALong
by basictradingtv
3
Next week analysis: FANG & Energy Sector up? Hello everybody, thank you for checking out my trade idea and rundown of the stock market from last week. My analysis here covers the broad stock market, the energy sector, money inflow to small caps, and a potential trade setup in FANG, XLE, or ERX for next week. Please let me know if you have any questions about entries when to enter how to enter how to exit how to scale out or if you have any questions about the indicators I use or the indicators I don't use. I like to keep things simple; most indicators are derived from the price and volume, so I don't need to use indicators to tell what's going on. Have a great trading week and good luck.
NASDAQ:FANGLong
by PappyTrading
🏯 TOPIX FUTURES: JAPANESE BULL SAMURAI IS STILL ALIVELegendary investor Warren Buffett was on a trip to Tokyo, the capital of Japan, two months earlier in mid-April 2023, and the titans of the country's giant energy and commodity conglomerates were there to make their presentations. As usual, over glasses of Coca-Cola NYSE:KO - one of Buffett's most famous investments, they walked into Warren Buffett's suite at the luxury Four Seasons hotel and individually told the 92-year-old American investor the same thing: Japanese trading houses are cheap and should accelerate their move beyond commodities. The support of the Oracle of Omaha is an important vote of confidence in the big five Japanese trading houses - Mitsubishi Corporations TSE:8058 , Mitsui TSE:8031 , Sumitomo TSE:8053 , Itochu TSE:8001 and Marubeni TSE:8002 It's also a broad endorsement of Japan, that is considered to have outlived its heyday 30-35 years ago, as well as considered less relevant than Asian counterparts such as China and India. But there's one big question: Is Buffett betting on phasing out fossil fuels, the trading house products themselves, or a combination of the two? Or something else, like impact of the weak yen!? Buffett's Berkshire Hathaway NYSE:BRK.B reported in August 2020 that it had acquired about 5% of the shares of five trading houses, that sent their stocks up and raised their total investment value above $6 billion. When the Covid-19 pandemic dampened demand for goods, it pushed down the value of company stocks, four of which traded below book value. “They were selling, I thought, at a ridiculous price,” - Buffett said to CNBC in March 2023. Three years after the Covid-19 pandemic (that is now hardly remembered) Warren Buffett's bets on Japan have nearly tripled to over $17 billion. But even this Growth does not stop Buffett. Staying in Tokyo this spring, Buffett confirmed intentions to buy more shares, and participate in more big deals. In addition, Berkshire recently unveiled plans to issue its own yen-denominated bonds, which help hedge against the depreciation of the yen against the US dollar as well as depreciation of Japanese stocks in dollar terms. The technical main chart is dedicated to futures on the TOPIX index TSE:TOPIX widely known, along with the Nikkei 225 index $TSE:NKY . The TOPIX index is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, tracking all the local companies of the TSE Prime-market division. Buffett's mission to Japan marked, as it easy to find in the technical picture of TOPIX ( TSE:TOPIX ) - a significant moment, as a result of the breakdown of the key long-term resistance, with the prospect of further more than doubling the index TSE:TOPIX and its market value.
OSE:TOPIX1!Long
by Pandorra
Cadence Design Systems (CDNS) AnalysisTechnological Advancements and Market Position: Cadence Design Systems NASDAQ:CDNS is well-positioned for growth due to recent technological advancements and its strategic market position. The launch of the Millennium M1 supercomputer, likely powered by Nvidia GPUs, is expected to enhance Cadence's stock value. Leadership in Semiconductor Design Software: As a leader in semiconductor design software, Cadence dominates the Electronic Design Automation (EDA) sector alongside Synopsys. Cadence's superior financial health and profit margins provide a competitive edge, allowing it to further strengthen its market dominance while Synopsys integrates recent acquisitions. CEO Insights and Strategic Vision: CEO Anirudh Devgan highlighted exceptional 2023 results driven by innovative solutions and the Intelligent System Design strategy, emphasizing opportunities in AI and 3D-IC technologies. Investment Outlook: Bullish Outlook: We maintain a bullish stance on CDNS above the $285.00-$288.00 range. Upside Potential: With an upside target set at $400.00-$405.00, investors should consider Cadence's technological leadership, strong financial position, and strategic growth initiatives as key drivers for potential stock appreciation. 📊🖥️ Stay updated on Cadence Design Systems for promising investment opportunities! #CDNS #SemiconductorDesign 📈🔍
NASDAQ:CDNSLong
by Richtv_official
Amazon - Breakdown of the breakout!NASDAQ:AMZN is definitely ready for a major bullish (triangle) breakout. Here we have a textbook example of a bullish stock. Amazon's stock chart is simply moving from bottom left to top right. Of course there are minor corrections here and there, but the trend is clearly higher. For the past four months, Amazon has been hugging a horizontal resistance level and is preparing a bullish breakout. This will certainly become a decent break and retest setup. Levels to watch: $185 Keep your long term vision, Philip - BasicTrading
NASDAQ:AMZNLong
by basictradingtv
9
Vertex (VERX) AnalysisTax Technology Leadership: Vertex NASDAQ:VERX specializes in enterprise tax technology for the commercial and manufacturing sectors, enhancing financial outcomes. Recently, they joined Oracle's ISV Accelerator for SaaS Initiative to integrate tax solutions directly into Oracle Fusion Cloud Applications, optimizing finance and sales processes. This strategic move aims to unify functions and amplify benefits for mutual customers. Product Innovation: Additionally, Vertex launched Vertex Accelerator+ for SAP ERP, consolidating their solutions to manage global supply chains more effectively. These innovations are set to expand Vertex's global presence and revenue potential. Investment Outlook: Bullish Outlook: We maintain a bullish stance on VERX above the $29.00-$30.00 range. Upside Potential: With an upside target set at $45.00-$46.00, investors should consider Vertex's market expansion, product innovation, and strategic partnerships as key drivers for potential stock growth. 📊💼 Monitor Vertex for promising investment opportunities! #VERX #TaxTechnology 🌐📈
NASDAQ:VERXLong
by Richtv_official
NVIDIA - Correction after stock split?NASDAQ:NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%. Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance trendline and is repeating another "cycle pattern" like we saw in 2015 and 2019. A correction is simply quite likely. Levels to watch: $120, $50 Keep your long term vision, Philip - BasicTrading
NASDAQ:NVDAShort
by basictradingtv
17
Broadcom - Just be careful...NASDAQ:AVGO is quite overextended and retesting resistance so you have to be careful. Broadcom is rallying. This is a pretty obvious fact, considering that Broadcom is up roughly +330% over the past 1.5 years. Eventually we will see a correction, the only question is when and where. Currently, Broadcom is retesting a resistance trendline which has been pushing price lower for over a decade. Maybe this is a good area to close partials and monitor price closely. Levels to watch: $1.840, $1.140 Keep your long term vision, Philip - BasicTrading
NASDAQ:AVGOShort
by basictradingtv
3
🍌🍌 SUPERMICRO — AI BANANAS RECOVER FROM THE BEARISH HUGSIt’s hard to believe that only a few short years ago, Super Micro stock was trading for $10 per share. Now that it’s hovering near the $1,000 area. And Yes, SMCI stocks are still Top #1 over the all S&P500 components with +217% YTD performance in 2024, and +471% 12-months performance. Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in 1993. Supermicro, Inc., a provider of end-to-end IT solutions for cloud computing, artificial intelligence/machine learning, storage, and 5G/Edge communications, continues to expand its data center portfolio with NVIDIA end-to-end rack cabinet solutions HGX H100 equipped with liquid cooling systems. Supermicro's advanced liquid cooling technologies help reduce time-to-commissioning, improve performance levels, and reduce data center operating costs while dramatically reducing energy efficiency. It is estimated that when using Supermicro liquid cooling systems (compared to air-cooled data centers), data centers save up to 40% in terms of power costs. In addition, direct cooling costs can be reduced by up to 86% compared to existing data centers. In technical terms, SMCI shares are strongly above 26- and 52-weeks SMA, while a classic scenario 'recovering from bearish hugs' is happening right now.
NASDAQ:SMCI
by Pandorra
Nasdaq - We still have to be careful!TVC:NDQ is still retesting resistance after we just saw an expected rally of +75%. More than a decade ago, the Nasdaq entered one of the most profitable and easy to trade patterns: a rising channel formation. In the beginning of 2023 the Nasdaq once again retested the lower support trendline in confluence with a retest of horizontal support and continued its bullrun from there. But currently resistance is ahead so we have to be quite careful and properly monitor price action on the smaller timeframes. Levels to watch: $19.000, $16.000 Keep your long term vision, Philip - BasicTrading
TVC:NDQShort
by basictradingtv
2
NAS100...Historically Bullish With Weekly Sell OpportunitiesNAS100 is and has continued to be a bullish instrument...what this means is that if you have entered on any LOW's on the bigger timeframes, you could have continued to hold forever and still be in profit despite the retracements on the smaller timeframes. There have been great sells in recent times that have provided great profit opportunities, however that requires extreme skill and great patience. While my bias is still towards the buy, I took a sell opportunity based on the fact that the price registered an all time high (ATH) on Friday June 7th, 2024)...This move will end with a HL on a timeframe bigger than the H1, hence creating another buy opportunity towards another ATH. Friday's Sell entry was as follows: Entry: 19105.3 TP: 18904.1 As always guys...I am not a signal service provider and there are trades that I will take an not post as time may not allow, so please do not look to me for guidance as to how I am entering or exiting...this is just for informational purposes only. Important: NAS100 is always bullish, which means, I take Lows to Highs for buys and High to lows for sells. Zig to Zag = Buys Zag to Zig = Sells #auberstrategy #aubersystem #whywewait #zigzagtheory #patience You can check my video profile to see a visual explanation entitled "NAS100...The week Ahead 6/9 - 6/14/2024"
OANDA:NAS100USDLong
by Auberstrategy
AMD - Trading opportunity is almost there!Hello Traders and Investors, today I will take a look at AMD . -------- Explanation of my video analysis: The stock chart of Advanced Micro Devices (AMD) is looking quite interesting at the moment: A couple of months ago AMD broke out of a major symmetrical triangle formation, creating another rally of roughly +100%. But at the moment AMD also already corrected roughly -40% and is approaching a major confluence of support at the $125 level from which we could see another bullish reversal and rally. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
4
Nasdaq - Soon heading to $30.000?Hello Traders and Investors, today I will take a look at the Nasdaq . -------- Explanation of my video analysis: For more than a decade, the Nasdaq index has been trading in a rising channel formation with the last retest of the support trendline being back in the end of 2022. At the moment, Nasdaq is retesting the upper resistance trendline and if we actually see a breakout over the next 2 months, we might see a similar rally of +50% compared to the one which we saw back in 2020. -------- Keep your long term vision, Philip (BasicTrading)
TVC:NDQLong
by basictradingtv
9
DaVita (DVA) AnalysisLeading Dialysis Service Provider: DaVita NYSE:DVA stands as a top kidney dialysis service provider in the U.S., demonstrating strong resilience post-COVID-19. CEO Javier Rodriguez emphasized the company's strengthened position and continued investments in staff and systems. Expansive Market Potential: With 40 million Americans affected by kidney disease, the dialysis market is valued at an impressive $100 billion. DaVita, as a major player, serves a significant portion of the 786,000 people requiring dialysis or transplants annually. Financial Performance: DaVita boasts a robust financial performance with a remarkable 53% Return on Equity (ROE) over the past five years, indicating effective value creation and investor capital management. Investment Outlook: Bullish Outlook: We are bullish on DVA above the $125.00-$126.00 range. Upside Potential: With a target set at $195.00-$200.00, DaVita’s strong market position and impressive financial metrics suggest strong growth potential in this essential healthcare sector. 📊🩺 Stay tuned for promising investment opportunities with DaVita! #DVA #HealthcareServices 📈🔍
NYSE:DVALong
by Richtv_official