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Cycling up???The long term trend for INTEL is bearish it is below the 200 EMA. However, it has been making higher Highs and lower Lows. It has formed a broadening Wedge type structure. It is now at the bottom of the Wedge type structure, be alert for price movement outside of the Wedgelike structure. There appears to be signs of a bullish divergence with the CCI and price. Stochastic RSI is oversold region, be on the look out for K readings over 20 and higher than D . Also, be alert for possible crossovers with the MACD indicator. Even though there was a correction and dip in prices, prices pulled backed into FVG, which can possibly, probably mean price reversal and hopefully the sustainment of the wedgelike structure. Please watch out if price is outside the Wedge especially if it falls below the 18.50 range. Please be alert with the 21.50 and on 24.25 price areas and on Supply and Demand areas and the Wedge structure. Have a nice day be careful.
NASDAQ:INTC
by paper_Trader1775
1
Roblox Corporation Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Roblox Corporation - Double Formation * 012345 | Waves Survey * 50.00 USD | Conditions Valid At 0.382)) Area | Subdivision 1 - Triple Formation * Retracement Area | Uptrend Bias | Subdivision 2 * Pattern Configuration | Wave 3)) & 4)) | Subdivision 3 * Daily Time Frame Accumulation Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
NYSE:RBLXLong
by TradePolitics
Symbotic Hypergrowth? $850 Price TargetOverview Symbotic Inc. is an A.I. and robotics automation company based in Wilmington, Massachusetts that is looking to increase the ability for companies to keep up with growing demand. To do this, they utilize artificial intelligence software to maintain records and warehouse organization with the assistance of SKU numbers. Autonomous robots then account for, store, and retrieve items in a fraction of the time that it would take a human being. Symbotic's mission is to increase supply capabilities through the symbiotic relationship of artificial intelligence and robots. Its origins trace back to 2007, before it was known as Symbotic, and the company went public in 2022 ( NASDAQ:SYM ). Call it FOMO, but I think Symbotic Inc. has the potential of becoming a hypergrowth stock. I built my own fundamentals tracker to get a pulse on the tech company's vitals and, while it still is not a profitable company, it looks like it's in the early stages of becoming so. The fundamentals for Symbotic provide me the confidence to invest despite the presence of red flags which led me to performing a deep dive. My price target for Symbotic Inc. is $850 with a projected timeline before 2030. What I Don't Like SYM has lost nearly 60% in value since July 2023 from a high of $64.15 to its current share price of $26.87. If you look up Symbotic Inc. on a search engine then you will also see that there are numerous law firms attempting to build class action lawsuits. The headlines can't help but to sow distrust by utilizing strong statements such as "misleading investors" and "inflated revenue" within their subjects. Within the last few weeks Symbotic had to file a delayed annual report due to self-identified accounting errors within their balance sheets. Also, if you dig through their filings, you will find that Symbotic Inc. was born from a deal with SVF Investment Corp which, according to the filings, was headquartered in the Cayman Islands. I can only assume that the business dealings with SVF Investment Corp were to facilitate equity financing and an expedited public launch for SYM. From my findings, SoftBank Group Corp ( TSE:9984 ) is an investment conglomerate and the parent company to multiple subsidiaries. You guessed it, it is affiliated with SVF Investment Corp which functions as a "blank check company" for SoftBank. In my limited knowledge, this translates as a way for SoftBank to inject a substantial investment into the company that is now known as Symbotic Inc. No matter how savvy they may have been to launch Symbotic Inc., business deals that originate in the Cayman Islands typically raise one's eyebrows. What I Do Like Symbotic Inc. seems to have a pretty solid vision for global expansion and has attracted some significant institutional investors such as SoftBank, Vanguard, BlackRock, and Morgan Stanley to name a few. In fact, according to the NASDAQ site, 282 institutional investors hold 82% of Symbotic Inc.'s Class A Common Stock. Symbotic Inc. was founded by Richard "Rick" Cohen who currently serves as the CEO and is a legacy to the Cohen family who founded C&S Wholesale Grocers. Symbotic's technology is used by C&S Wholesale Grocers which is one of the largest privately held companies in the United States. Symbotic and SoftBank have partnered on a separate venture known as GreenBox which is meant to deliver automated warehouses made possible by Symbotic's hardware and software. According to the company's site, GreenBox is supplying warehouses as a service to consumers. With an increase in online shopping, I believe that Symbotic is both seeing and filling a need in an industry that its founder is very familiar with. I can also envision Symbotic spreading its reach internationally which helps fuel my massive price target. Megacap stocks need to have a global influence and extend across industries, which Symbotic appears to be preparing for. Fundamentals Right now, Symbotic Inc. is in its early stages and is bringing in a negative income which makes it a risky investment. However, the company's total revenue has increased by 200% from 2022-Q4 to 2024-Q4; the gross profit has also increased by 147% in the same timeframe. Symbotic's net income has revealed consistent losses since 2022, but the 2024 annual report had the smallest loss on record at a negative $84.7M which is a 39% improvement from 2022 and a 59% improvement from 2023. No matter which way you cut it, the company is still absorbing annual losses so it will be important to keep an eye on improvements and deficiencies to identify any consistent trends. NASDAQ:SYM has 585,963,959 total outstanding shares according to the 2024 Annual Report published at the beginning of December. This is a far cry from the 106M outstanding shares reported on some financial websites and even here on TradingView. From my findings, around 100M of Symbotic's shares are Class A Common Stocks and the remaining 485M are Class V Common Stocks. My focus is on the market capitalization which is a tool that I like to use when establishing long-term price targets. For Symbotic, which has the potential for global reach and use across multiple industries, I think it's reasonable to achieve a market capitalization of $500B. Price Target With the current number of outstanding shares at a market cap of $500B, this would place Symbotic's share price at $853. This type of growth would turn a $1,000 investment today into $31,710 at the projected target price; a whopping 3,000% return. HOWEVER, a lot has to happen to make this come to fruition. One thing I would like to see, in addition to profitability, is for Symbotic to begin buying back its own stock. It's become my investing philosophy that companies who believe they are undervalued will buyback their shares while companies that believe they are overvalued will issue new shares. Symbotic's total outstanding shares have increased by 5.8% since its annual report at the end of 2022. I think that my philosophy is best tailored to established companies so it is possible that Symbotic could be an exception. Because the company is so new, it may need to issue more shares to generate enough capital to stay afloat while its roots set.
NASDAQ:SYMLong
by Shepherd_Investor
Correction to $850-920 essential for keeping the uptrend healthy- Price is overextended and investors are treating NASDAQ:COST as the growth stock than a safe quality stock. Price/Earnings ratio is around 60 which his historical high on the other hand the company is growing single digits. - With wage growth stalling and with uncertain macro, it's unlikely that majority of people will stock groceries for a month in advanced. Many folks are shopping weekly/bi-weekly from Walmart instead.
NASDAQ:COSTShort
by bigbull037
Pull back to $150-155s before earnings Q1 FY 2025 - Lot of work required to break long term downtrend and continue the move up in 200+ - Medium term target before earnings around 150-155 - Solid earning will push the stock price to retest 175-185 range and potentially allow stock to trade above 200s. - Bad earning will move NYSE:SNOW to test the lower end of the trendline i.e low 100s and potentially double digits ~$85-98 /share. Databricks IPO would keep the stock price under pressure. - Therefore, I believe next earnings will be crucial and will be essential to decide the direction long term.
NYSE:SNOWShort
by bigbull037
NVDA - Head and Shoulders // but still bullishWell, I imagine we’ve all seen this idea recently. Head and shoulders for the big dog. I do get three touches on the orange trend line there…it’s a strong quarterly trend and if that head&shoulders fails to follow down through I expect price will stay above it for a rally into year’s end. Price might even follow my fantasy fractal. The light blue boxes highlight the closest volume profiles. Closing price falls basically right in between the two. My bias is bullish though. The upright purple goal posts represent the Aug 2023 to March 2024 up-tick. NVDA has continued to melt that up again from Aug 2024 thru Nov this year. I can’t help but think though that price will find a spring on the 100ema (the light blue squiggly) and continue up on it’s merry way. Next week we see FOMC on the 18th. BoJ interest rate decision the next day to see if a carry trade affects things. I think our markets have already at least half baked in a 25bps rise though if Japan decides to pull the trigger...and the currencies aren't as far apart as they were last July either. I remain cautious for Q1-Q2 on all equities but will ride the next 6 weeks while the 3mo US bond yield is still higher than the 2year. :) Cheers and take care, MR
NASDAQ:NVDALong
by Mr_Robbers
4
Waiting for SKX to roll over and fall off a cliff! Every single day this past week was a shooting star. And going down. Which made the week chart look like a spinning top. If you look at all the indicators it’s also very bearish as well. Now I’m just sitting here like biggie. Saying “gimme the loot!” Also there is a trend line you can place on the 1 day chart and its following that very well. Looking for it to fill the gap down below. Or at least hit the moving averages. I also trade options so this is a good puts play. Not Financial Advice.
NYSE:SKXShort
by jesseedwardcoleman