Get started
New Technologies Can Push Stocks to New HighsNYSE:CAT easily moved above the resistance highs from March and out of its sideways trading range, making new highs. The white candle on lower volume was interesting: intraday showed pro traders in control toward the end of the day as retail traders and smaller funds started selling prematurely. A resting pattern would be a lower-risk entry to prepare for the breakout. Caterpillar, Inc. has new technologies coming to market. The company unveiled its new technologies for mining on Sept 24, 2024. It reports earnings on October 29th. If you are trading or holding this stock, check support levels but be patient.
NYSE:CAT
by MarthaStokesCMT-TechniTrader
SMLR: Big Moves into 2025Please do your own research as this is my personal opinion. This is a way for me to hold myself accountable for long term trades. - I have accumulated about 1,000 shares of SMLR in my Individual & 100 in my Roth IRA @ about $30 per share Here are the reasons I believe this will 4x over the next few years: - No LT Debt, allowing it to borrow and execute a MSTR like approach to its BTC treasury - Cash Flow and Earnings positive with good device pipeline - Already filled the gap from the initial news for BTC Treasury at $21 and has bounced nice since filling it. - If you see from ichimoku cloud analysis, the tenkan has flipped the kijun line earlier this year on the monthly and has stayed there for quite some time. I believe the next quarter is critical as it begins to make its way into the cloud. If it gets in there and can pass through it, my bull case run is north of $120. - Volume Analysis: If it gets above that Critical Level of $33, it could find itself flying north of $40 in a short period of time. If it executes it's BTC strategy and issues convertible debt for additional purchases in BTC (Up to $150 Million is estimated), here are my price targets: - Base Case $75 - Bull Case $150 - Bear Case $35 I believe there is much more upside from here. Happy trades. Not Financial Adive, DYOR
NASDAQ:SMLRLong
by ngmartin02
Uber Stock Surges 9% Following Tesla’s Robotaxi RevealUber Technologies Inc. (NYSE: NYSE:UBER ) saw a sharp rise in its stock price, jumping nearly 9% in Friday's trading session. The catalyst for this upward movement appears to be Tesla’s much-anticipated Robotaxi event, which failed to impress investors. Tesla (NASDAQ: NASDAQ:TSLA ) unveiled its Cybercab concept vehicle but fell short of delivering concrete details about the timeline and implementation of its self-driving technology, which reassured investors in companies like Uber that rely on the traditional and autonomous rideshare business. Why Tesla's Cybercab Fumble Boosts Uber Tesla’s Robotaxi event was widely expected to present a major disruption to the ridesharing market, but its failure to provide substantial progress toward Level 3 autonomy (where a car can drive itself under certain conditions without human intervention) has given Uber a window to strengthen its position. According to Jefferies analysts, Tesla’s "toothless taxi" ended up being a favorable outcome for Uber, especially since Tesla did not reveal a clear strategy for scaling its robotaxi fleet or any immediate advances in its autonomous vehicle (AV) technology. Why Uber is Poised to Benefit Jefferies analysts have indicated that Uber (NYSE: NYSE:UBER ) is in a strong position to capitalize on autonomous driving as AV developers seek partnerships with established rideshare companies rather than attempting to build and manage their own fleets. Uber’s massive global presence and partnerships with autonomous developers, such as Waymo in Austin and Atlanta, give the company an advantage as it can offer fleet management, local regulatory expertise, and fleet optimization services. In the long term, this could help Uber maintain dominance as AV technology matures. BMO Capital Markets analysts echoed this sentiment, highlighting that the cost of scaling Tesla’s Cybercab project to compete with Uber would be astronomically high, estimating Tesla would need to spend upwards of $100 billion to match Uber's driver supply levels. Given Uber's established infrastructure, the company is better positioned to navigate the ride-hailing market's evolution into the AV era. In addition, recent developments like Uber's AV partnerships (particularly with Waymo) and its diverse ride-hailing and food delivery operations have made it a more resilient company in the face of technological shifts in the transportation industry. Citi analysts also reiterated a Buy rating on Uber, predicting it will continue to gain from the growing presence of AVs while maintaining its driver supply network. Technical Analysis From a technical standpoint, Uber’s stock price has displayed significant bullish momentum. The stock rose by 9.61% on Friday, signaling strong investor confidence. The daily price chart shows a clear gap up pattern, typically a bullish indicator signaling strong buying interest and demand for the stock. The Relative Strength Index (RSI) has climbed to 76.62, which places it in the overbought zone. While this could indicate that the stock may experience a brief pullback or cooling off, it is also a sign that momentum is currently in favor of the bulls. However, given the stock's recent strength and broader market optimism, a slight retracement could act as a consolidation before resuming its upward trajectory. Uber’s stock has also broken above several key moving averages (MAs), further underscoring the bullish case. In particular, the stock is trading well above its 50-day and 200-day moving averages, two important indicators for long-term price trends. When a stock maintains its position above these averages, it typically signals that investors are optimistic about the company’s long-term growth potential. Additionally, analysts expect Uber (NYSE: NYSE:UBER ) to climb toward a key resistance level at the $91 pivot, which represents a psychological and technical level that the stock could test after a period of consolidation or slight regression. The bullish thesis remains intact as long as the stock continues to trade above its key moving averages and fundamental growth factors, such as its AV partnerships, support future growth. Outlook: Uber’s Path to Continued Growth Despite Tesla’s ambitious plans, the details surrounding its robotaxi fleet remain vague, leaving Uber well-positioned to continue dominating the mobility market for the foreseeable future. As more AV developers seek partnerships rather than building standalone fleets, Uber will be the go-to platform for AV integration into public transportation systems. In conclusion, the failure of Tesla to provide actionable details about its robotaxi service has reinforced Uber’s role as the dominant player in the ride-hailing space, with strong potential to benefit from future AV integration.
NYSE:UBERLong
by DEXWireNews
CLIK Holdings IPO: A Rollercoaster Start With Bullish CLIK Holdings (NASDAQ: CLIK) went public on October 9, 2024, pricing its IPO at $4.80 per share . However, it experienced significant early volatility, opening lower and trading between $1.35 and $4.39 in the following sessions. As of October 11, CLIK was trading around $1.74, reflecting a notable dip from the IPO price. Despite this initial volatility, CLIK’s early trading patterns suggest the potential for a bullish turnaround. The stock has found support at the lower end of its range, around $1.35, and is showing signs of stabilization as it approaches critical resistance levels. Moreover, CLIK’s strong positioning as a human resources solutions provider in Hong Kong, coupled with its diversified business model across professional, nursing, and logistics services, positions it for growth. Investors should watch for a potential breakout above the $2.00 level.
CLong
by mgogel
Pulse of an asset via Fibonacci: BABA at Genesis Impulse Redux"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least first approach if not several. Part of my ongoing series to collect examples of my Methodology : (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place <= Current Example Chapter 5: Golden Growth: Parabolic Expansions Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
NYSE:BABA
by EuroMotif
3