Micron ($MU) is Poised for Action – Here’s What’s ComingMicron is sitting at a major decision point, and the next move could be big. Here’s the game plan:
If we drop below $84: Things could get bumpy, with possible corrections to $74, $70, or even $63–$64.
If we break above $93: The sky’s the limit, with targets at $100, $110, and maybe even $138 on the horizon.
This is one to watch closely. Big moves are coming, so stay sharp and ready to ride the wave!
Kris/Mindbloome Exchange
Trade What You See
Stockstobuy
Vaxart, Inc. A big thank you to all for helping me reach the 8k follower milestone..
On the above weekly chart price action has corrected over 90% since February 2020. A number of reasons now exist to be bullish, including:
1) You know why..
2) Price action confirms support on past resistance.
3) The support is on the Fibonacci 0.236
4) RSI resistance breakout.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: investment
Risk: <=6% of portfolio
Timeframe: Now
Return: Will say elsewhere
Stop loss: Will say elsewhere
Oracle’s Cloud Conquest|Climbing Mount Hyperscaler with AI BootsWill Oracle Cloud Infrastructure aka OCI Emerge as the 4th Hyperscaler?
Although OCI hasn’t yet reached the scale of the top three cloud giants (AWS, Azure, GCP), it’s rapidly advancing, much like d’Artagnan joining the musketeers. Riding the AI wave, Oracle’s Infrastructure as a Service (IaaS) segment surged by 52% to $2.4 billion in Q2. Over the past year, OCI has overtaken Salesforce and IBM, surpassing even Snowflake. Its next target, Alibaba Cloud, grew just 7% YoY to $4.2 billion in Q3. However, this impressive growth comes at a price—Oracle’s capital expenditure is expected to double in FY25 to meet AI demand.
Oracle Q2 FY25 Highlights
Key Metrics
-Remaining Performance Obligations (RPO): A measure of future revenue from existing contracts. RPO grew 50% YoY, with Cloud RPO jumping nearly 80%, reflecting strong momentum. Sequentially, total RPO declined slightly from $99 billion in Q1 to $97 billion in Q2. 39% of this is expected to convert into revenue over the next year.
-Cloud Services Revenue: Up 24% YoY to $5.9 billion:
-IaaS: Grew 52% YoY to $2.4 billion, up from 45% in Q1, driven by OCI adoption for high-performance workloads and multi-cloud deployments.
-SaaS: Increased 10% YoY to $3.5 billion, with stable demand for cloud-based ERP, HCM, and CRM solutions.
- Fusion Cloud ERP: Gained 18% YoY to $0.9 billion.
-NetSuite Cloud ERP: Rose 19% YoY to $0.9 billion.
- Total Revenue: Increased 9% YoY to $14.1 billion, missing estimates by $20 million.
-Cloud Services & License Support: Up 12% YoY to $10.8 billion, with cloud services alone growing 24% YoY to $5.9 billion.
-Cloud License & On-Premise: Up 1% YoY to $1.2 billion.
-Hardware: Declined 4% YoY to $0.7 billion.
-Services: Dropped 3% YoY to $1.3 billion.
-Margins: Gross margin held steady at 71%, while operating margin improved 2 percentage points to 30%.
-Non-GAAP EPS:$1.47, missing estimates by $0.01
Cash Flow & Balance Sheet
-Operating Cash Flow (TTM):** $20.3 billion (+19% YoY).
- Cash & Cash Equivalents:** $11.3 billion.
-Debt: $88.6 billion.
Q3 FY25 Guidance
- Revenue growth of 7%-9% YoY (10% expected).
- Cloud revenue projected to grow 25%-27% YoY, accelerating further.
Analysis and Insights
1.Momentum in Cloud Infrastructure
Oracle’s focus on AI workloads is paying off, with major clients like Meta, Uber, and TikTok driving GPU consumption up by 336%. The company also unveiled the largest AI supercomputer, featuring 65,000 NVIDIA H200 GPUs. However, a potential TikTok ban in the U.S. could pose a $2 billion revenue risk.
2.Growth Despite Missed Targets
While revenue and adjusted earnings missed estimates due to slower SaaS growth, cloud revenue of $5.9 billion was just shy of the $6 billion forecast. Shares dipped post-earnings but remain up nearly 70% year-to-date, exceeding most investors' expectations
3.Capex Surge for AI
Capital expenditures reached $4 billion this quarter, a sharp increase from under $7 billion in FY24. Management expects FY25 Capex to double, driven by AI demand, resulting in negative free cash flow ($2.7 billion used) for the quarter. These investments align with industry trends but may stretch the balance sheet.
4.Expanding Multi Cloud Partnerships
Oracle’s partnerships with Meta, AWS, Azure, and Google Cloud enhance its relevance in multi-cloud environments. These alliances enable seamless workload interoperability and help Oracle compete effectively while broadening its customer base.
5.Balance Sheet Challenges
Oracle’s net debt of $80 billion, despite robust $20 billion annual operating cash flow, restricts its ability to pursue aggressive growth strategies or acquisitions. Rising Capex could further limit flexibility.
6.Bullish Long-Term Outlook
Management projects total cloud revenue to exceed $25 billion in FY25, fueled by AI demand and OCI’s competitive positioning. Analysts remain optimistic about Oracle’s prospects, particularly in multi-cloud ecosystems and generative AI workloads.
This explains why Larry Ellison envisions Oracle’s data centers expanding tenfold
HGINFRA BUY Stock Name - H.G.INFRA ENGINEERING
Strong Fundamental and Good Technical Terms are right now .
Start Buying ..
Trade Reason :
Monthly - Strong Higher Low
Monthly Support and Fib golden Ratio Level - 0.618
Day - Trendline Breakout - Entry Initiated
Entry - 1348 or Entry at current Price
Target - 1761 Rs
Stoploss - 1167 Rs
Happy trading ..
Green Panel Soars Past ₹397! Bigger Targets Ahead!Green Panel on the 4-hour timeframe has entered a long trade setup, with TP1 successfully achieved at ₹397.35. The trade setup is based on the Risological Swing Trading Indicator , providing precise entry and target levels for a confident trade.
Green Panel Key Levels:
TP1: ₹397.35 ✅
TP2: ₹441.75
TP3: ₹486.15
TP4: ₹513.60
Technical Analysis:
The entry price at ₹369.90 has shown a strong breakout, quickly hitting the first profit target. The stop-loss is set at ₹347.70, ensuring disciplined risk management.
The price is moving above the Risological trend line, signaling a continuation of the bullish trend. As the setup remains intact, traders can aim for higher targets with a favorable risk-reward ratio.
Namaste!
Rolex Rings Ready for Takeoff: Long Trade Targets ₹2741!Rolex Rings on the 4-hour timeframe is presenting a fresh long trade opportunity, with the price currently hovering around the entry level. This setup, identified using the Risological Swing Trading Indicator, is primed for a strong upward move targeting 2741.60 at TP4.
Rolex Rings Key Levels:
TP1: 2267.90
TP2: 2448.85
TP3: 2629.80
TP4: 2741.60
Technical Analysis:
The entry price is set at 2156.05, with a stop-loss at 2065.55, ensuring effective risk management.
The price recently broke through a significant resistance zone, signaling bullish momentum. With the Risological trend line confirming the upward bias, this trade setup offers a high-reward opportunity for traders looking to capitalize on the next potential rally.
Namaste!
AMBER: Wave 5 Setup in Progress AMBER Enterprises (AMBER): Wave 5 Setup in Progress
Wave Analysis:
The stock is currently in the Wave 4 corrective zone between 5,762 - 5,667 INR, a key support area.
A potential liquidity sweep below 5,667 INR could attract strong buying interest.
Target zones for Wave 5 completion are 6,976 - 7,127 INR.
Key Observations:
Wave Structure: Completion of Waves 1, 2, and 3; Wave 4 is nearing a reversal zone.
Liquidity Sweep Potential: A dip below 5,667 INR might collect stop-loss liquidity before reversing.
Trading Plan:
Entry:
Look for entry near 5,762 - 5,667 INR upon confirmation of reversal (e.g., bullish candle with volume).
Monitor behavior if prices dip below 5,667 INR and recover sharply.
Stop-Loss: Place stop-loss below 5,060 INR (invalidates Wave 4).
Target Levels:
First target: 6,500 INR (partial profit booking).
Final target: 7,000+ INR (completion of Wave 5).
Indicators to Monitor:
RSI for oversold conditions at entry zones.
Volume confirmation during reversal.
Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please do your own research or consult a financial advisor before trading.
DELHIVERY INTRADAY TARGETS DONE!Delhivery on the 15-minute timeframe delivered a stellar intraday performance, achieving all predefined targets with precision. This long trade was executed using the Risological Swing Trading Indicator , ensuring a well-timed entry and a disciplined approach.
Delhivery Key Levels:
TP1: 340.80 ✅
TP2: 346.20 ✅
TP3: 351.60 ✅
TP4: 354.90 ✅
Delhivery Technical Analysis:
The trade was initiated at an entry price of 337.45, with a stop-loss positioned at 334.75 to limit downside risk.
Delhivery exhibited strong bullish momentum, crossing the Risological trend line early in the session.
The stock maintained upward movement, achieving all take-profit levels in this intraday trade. This setup highlights the power of the Risological indicator in capturing quick and profitable opportunities in volatile markets.
All the best and do follow me for more success stories, insights, tips and profitable stock calls.
Namaste!
ITI Hits TP1! Target ₹450—Daily Chart Breakout!Indian Telephone Industries (ITI) on the daily timeframe has achieved TP1 and shows strong bullish momentum, making it highly probable to achieve TP2, TP3, and TP4. This trade was identified using the Risological Swing Trading Indicator , providing clear entry, stop-loss, and target levels.
Key Levels:
TP1: 301.40 ✅
TP2: 357.90 (Pending)
TP3: 414.40 (Pending)
TP4: 449.30 (Pending)
Technical Analysis:
The trade entry at 266.50 was confirmed with a breakout above key resistance levels, supported by bullish price action. The stop-loss is tightly placed at 238.25, ensuring risk is well managed. The current upward trajectory aligns with the Risological trend, signaling strong continuation toward the upper targets.
Traders should monitor the price action near TP2 and TP3 for any signs of consolidation or resistance, with the expectation of further upside potential.
Welspun Corp Eyes ₹950! TP1 Hit, More Gains Ahead!Welspun Corp (WELCORP), on the 1-hour timeframe, has achieved TP1 and is showing a strong bullish trend, indicating potential movement toward TP2, TP3, and TP4. The Risological Swing Trading Indicator clearly identifies the trade setup with defined levels for an emotion-free strategy.
Welspun Corp Key Levels:
TP1: 764.60 ✅
TP2: 835.35 (Pending)
TP3: 906.10 (Pending)
TP4: 949.85 (Pending)
Welspun Corp Technical Analysis:
The entry point was at 720.90, and the trade setup was confirmed as the price crossed above the Risological Trend Line, signifying a bullish continuation.
A safe stop-loss was placed at 685.55, ensuring effective risk management.
The current consolidation near TP1 suggests a likely breakout to higher levels, with TP2 and TP3 being immediate targets.
As momentum builds, traders should watch for signs of trend continuation or reversals near TP levels for maximizing gains.
Sonata Software Races to ₹675! TP4 Within Reach!Sonata Software, on the 1-hour timeframe, demonstrates a strong bullish momentum with TP1, TP2, and TP3 successfully achieved. TP4 is within close range and is likely to hit as the trend continues on the Risological Swing Trading Indicator.
Sonata Software Key Levels:
TP1: 587.45 ✅
TP2: 621.10 ✅
TP3: 654.75 ✅
TP4: 675.55 (Pending)
Sonata Software Technical Analysis:
The trade was initiated at 566.65, following a clear breakout above the Risological Trend Line. The consistent upward momentum indicates a strong trend, with well-marked take-profit levels and a tight stop-loss at 549.85 to manage risk effectively.
With TP4 nearly achieved, the bullish momentum suggests further upside potential. Traders should closely monitor the price action near TP4 for possible profit-taking or further extension.
Namaste!
GPPL Targets 212! Hourly Swing Gains Surge!Gujarat Pipavav Port Ltd (GPPL), on the 1-hour timeframe, showcased a strong long trade setup using the Risological swing trading indicator . Targets 1 and 2 have been successfully achieved, and the trade is poised to hit the remaining targets as momentum builds.
Key Levels:
TP1: 184.51 ✅
TP2: 195.21 ✅
TP3: 205.91 (Pending)
TP4: 212.53 (Pending)
Technical Analysis:
The entry was precisely placed at 177.90, supported by bullish signals from the Risological swing trader. The stop-loss was positioned at 172.55, ensuring a controlled risk approach. The Risological trend line validated the upward trend, allowing for a seamless move through the first two targets.
The trade continues to show strength, with price action staying above key support levels. The setup suggests a high probability of reaching the next targets, backed by steady buying pressure.
HINDCOPPER : Riding the Liquidity Zone for a Strong Upswing1. Hindustan Copper Ltd. (HINDCOPPER)
Current Price: ₹283.45
Chart Observations:
The chart showcases a corrective wave labeled as A-B-C, where Wave (C) has approached a liquidity zone (₹252–₹268). This zone is supported by a deep retracement from the last swing low, aligning with Fibonacci 113%–127% levels, making it a potential demand zone.
A Break of Structure (BoS) at the earlier swing low indicates seller dominance; however, the liquidity zone offers a counter-trend opportunity.
A sharp upward projection anticipates price moving toward the target zone between ₹364 and ₹378.
Buying Levels:
First buying opportunity: ₹268–₹283 (inside the liquidity zone).
Secondary aggressive entry: On confirmation of a bullish breakout above ₹292.
Stop Loss:
Place the stop loss at ₹252 . Use a dynamic trailing stop-loss strategy by adjusting it above the next immediate swing low as the stock advances.
Target:
First Target: ₹364
Second Target: ₹378
Pro Tip to Avoid SL Hunting: Monitor for rejections (e.g., long wicks, higher lows) at ₹268 levels before entering. Wait for confirmation of demand in this zone on shorter time frames like 1-hour or 4-hour charts.
Disclaimer: This analysis is for educational purposes only . Investments in stocks and financial markets involve risks, including the loss of principal. Always conduct your own due diligence or consult with a certified financial advisor before making any investment decisions.
SAP’s Cloud & AI MomentumSAP’s Cloud and AI Momentum: Why This Tech Giant Remains a Top Buy in 2024
SAP is a Germany based company specializing in enterprise application software
It operates through three key segments:
1.Applications, Technology & Services: This segment focuses on selling software licenses, subscriptions to SAP’s cloud applications, and related services. It encompasses support services, various professional services, implementation services for SAP’s software products, and educational services to help customers effectively use SAP solutions
2.SAP Business Network:This segment includes SAP’s cloud-based collaborative business networks and related services. It covers cloud applications and professional and educational services related to the SAP Business Network. This segment also encompasses cloud offerings developed by SAP Ariba, SAP Fieldglass, and Concur, which facilitate supplier collaboration, workforce management, and expense management.
3.Customer Experience:This segment offers both on-premise and cloud-based products designed to manage front-office functions, focusing on customer experience management. It provides solutions that help businesses enhance and streamline interactions with customers.
These segments enable SAP to offer a wide range of solutions, addressing enterprise needs from back-office functions to collaborative networks and customer-facing operations.
SAP remains a top pick, with clear growth momentum that could accelerate further and potential for margin improvements. My buy rating remains unchanged.
SAP reported its Q3 2024 earnings, showing a 10% year-over-year revenue increase in constant currency (CC) to €8.5 billion, maintaining the same growth momentum as Q2 2024. The highlight is the cloud segment’s revenue growth, reaching €4.35 billion, with a y/y CC growth rate accelerating from 25% in Q2 2024 to 27% in Q3 2024. This aligns well with my expectations, as the current cloud backlog (CCB) grew by 29% y/y CC, improving 100 basis points from Q2 2024. By product category, the Cloud ERP Suite showed 36% y/y CC growth, a 300bps sequential improvement. License revenue, though still declining, saw a slower drop from -27% in Q2 to -14% in Q3, and maintenance revenue declines also eased from -3% to -2%. This solid revenue performance contributed to a strong profit outcome, with adjusted EBIT beating estimates by approximately 9% at €2.24 billion, and a major free cash flow (FCF) beat of €1.25 billion, far surpassing the consensus of -€676 million.
Given this strong performance, it wasn’t surprising that management raised guidance, which is certainly encouraging. They now forecast adjusted EBIT in the range of €7.8 to €8 billion, a €150 million increase at the midpoint, implying y/y growth of 20% to 23% CC, up from the previous 17% to 21%. Cloud and software revenue guidance also increased by €400 million at the midpoint, with a new range of €29.5 to €29.8 billion, reflecting 10% to 11% y/y CC growth versus the previous 8% to 10%. Additionally, adjusted FCF is now projected between €3.5 to €4 billion, compared to the prior €3.5 billion.
I am confident that SAP can meet these targets for several reasons. First, the S/4HANA migration remains strong, as indicated by 29% y/y CC CCB growth and 36% y/y CC growth in the Cloud ERP Suite, which accounts for approximately 84% of total cloud revenue. Second, nearly one-third of deals signed in the quarter involved AI, highlighting increased demand for embedded AI solutions. This reinforces my previous view that AI adoption is driving SAP’s cloud migration efforts, as customers must utilize the cloud to fully leverage these AI capabilities. Notably, SAP is moving to the “expand” phase of its strategy by adding generative AI (GenAI) capabilities.
With SAP introducing more AI features, the company is well-positioned to continue capitalizing on this growth driver. For example, its AI-based assistant, Joule, now offers collaborative agent capabilities, allowing it to manage multiple AI agents for complex tasks—resulting in significant productivity gains. Additionally, the Knowledge Graph, a part of SAP’s GenAI suite, connects language and data to help users navigate SAP systems more efficiently. SAP has over 100 GenAI use cases and has added more than 500 skills to Joule so far, suggesting substantial growth potential.
AI adoption remains robust, as evidenced by AI’s central role in SAP’s sales strategy. Around 20% of deals now include premium AI features, and all ERP and LoB deals involve discussions around AI, signaling that AI is a key growth driver for SAP, especially considering that AI integration was minimal a few years ago.
I reaffirm my model assumptions and see continued attractive upside potential, even after SAP’s strong year-to-date share price rally. SAP is increasingly likely to achieve 10% growth for FY24, with further acceleration expected in FY25/26, driven by strong cloud migration and rising AI demand. Management’s upward revision of FY24 adjusted EBIT indicates that earnings margins will improve. Year-to-date, the adjusted earnings margin stands at around 21.1%, making my full-year target of 21.5% feasible. As growth accelerates and SAP completes its restructuring (which impacts 9,000 to 10,000 positions as announced in January 2024), margins should rise to the mid-20% range. I’ve added 300 basis points based on trends from FY22 to FY24. Additionally, with no visible slowdown in growth momentum, I expect the market to continue valuing SAP at a premium, at 36x forward PE compared to the three-year average of 23x.
The macroeconomic environment poses risks, especially if supply chain challenges persist or interest rates rise. Political uncertainties, such as the upcoming U.S. election, could lead to reduced business investment, impacting corporate IT budgets and SAP’s sales. Additionally, if SAP’s S/4HANA and cloud products underperform, or if there are delays in product development or launches, investor expectations may be disappointed, particularly regarding S/4HANA.
To conclude, I maintain my buy rating on SAP. The company’s strong Q3 2024 performance and revised guidance have reinforced my positive view. The accelerating growth in cloud revenue, driven by solid S/4 HANA migration and increased AI adoption, is highly encouraging. While macro risks remain, SAP’s robust fundamentals and favorable growth outlook support a buy rating.
JAIBALAJI : uplift is coming?1. Jai Balaji Industries Ltd
Analysis:
Wave Structure: Identifies an Elliott Wave correction (ABC structure). Wave C is nearing completion in the 860-841 INR zone.
Buying Range: Highlighted between 860-841 INR.
Target Zone: Marked at 1218-1261 INR, suggesting strong upside potential.
Stop Loss: Defined at 817 INR, just below the buying zone.
Trading Plan:
Action: Place buy orders in the range of 860-841 INR using a staggered accumulation strategy.
Stop Loss: Set at 817 INR to account for potential false breakdowns.
Targets:
First Target: 1218 INR.
Final Target: 1261 INR.
Reasoning:
Wave C completion near the buying range suggests a potential reversal.
Targets align with historical resistance levels, making them logical profit zones.