Nifty is in an obvious uptrend and currently in a short consolidation phase. There will be a little pull down and with the rubber band effect, Can expect the price to move upwards from here.
Key Stats Price: $12.63 (as of Dec 1, 2024) Market Cap: 798M CAD Revenue (TTM): 1.39B CAD (+1.95% YoY) P/S Ratio: 0.78 Next Earnings Date: February 2025 Top 3 Technical Reasons (Bullish Bias) Strong support near $12.50: CGX has been testing this zone, forming a solid base with potential for a bounce. Breakout Watch: A bullish ascending triangle is forming, signalling a possible breakout towards $16. Volume Uptick: Recent trading days show increased volume on up moves—buyers are stepping in. Top 3 Fundamental Reasons (Bullish Bias) Revenue Growth Resilience: Despite sector struggles, Cineplex's revenue rose 1.95% YoY, outpacing some peers. Deep Value Play: A P/S ratio of 0.78 highlights undervaluation compared to broader industry averages. Canada’s Cinematic Recovery: Increased box office sales as tentpole releases and audience confidence return post-pandemic. Potential Paths to Profit Low-risk: Buy shares outright and aim for the $16 target. Options Play: Consider $15 strike calls expiring in May 2025 for leverage. Disclaimer: We are not a brokerage or investment firm. We do not offer financial or investment advice. This is not certified financial education. All sales are final, and refunds are not offered.
Key Stats P/E Ratio: 59.3 (premium pricing for a retail juggernaut) Revenue Growth: +9.2% YoY in Q1 Dividend Yield: 0.47% Next Earnings Date: Dec 12, 2024 (mark your calendars!) Recent Upgrades/Downgrades: Barclays boosted PT to $1150; reiterates Overweight rating. Top 3 Technical Reasons Trend Strength: COST has consistently held its 50-day moving average. Recent breakouts show sustained bullish pressure. Volume Surge: Increasing average volume last week suggests accumulation ahead of earnings. Bullish Patterns: Breakout from a descending wedge on daily charts; next resistance $600, then $1100 longer-term. Top 3 Fundamental Reasons Membership Growth: Recent 8% YoY growth in executive memberships—Costco’s most profitable revenue stream. Earnings Potential: Analysts are anticipating $4.11 EPS for Dec earnings, a steady climb from previous quarters. Inflation Hedge: Shoppers flocking to Costco as inflation strains consumers elsewhere—consistent same-store sales increases. Potential Paths to Profit 1. Buy Shares (Lowest Risk): Go long at market price. 2. Options Strategy: Consider Jan 2025 $1000 call options for a leveraged bet. Target 2x return on volatility pop post-earnings. 3. Swing Trade Opportunity: Enter now, aim to trim partial profits near $600 resistance and ride the rest to $1100. Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
As of December 8, 2024, ANET is trading at $109.00. Here’s an in-depth analysis and trading strategy for this tech leader. 1. Fundamental Analysis: Leveraging Network Technology Growth * Forward P/E Ratio: 25.3, suggesting a fair valuation for a high-growth technology stock with strong fundamentals. * Expected EPS Growth: Projected 18.5% 5-year EPS growth, driven by demand in cloud infrastructure and data networking. * Expected Revenue Growth: Expected revenue CAGR of 15% over the next five years, supported by market share expansion in enterprise data centers. * Net Margins: 34.2%, indicating excellent operational efficiency and dominance in high-margin segments like cloud networking. Fundamental Rating: 9/10 Arista Networks stands out as a well-managed company with exceptional profitability and consistent revenue growth in a high-demand industry. 2. Technical Analysis: Key Price Levels and Market Dynamics Support and Resistance Levels: * Immediate Resistance: $110.74 (current high and key breakout level). * First Support: $108.25 (current consolidation zone). * Major Support: $96.00 (historical demand area and near the 50-day EMA). Indicators: * MACD: Bullish crossover with strong upward momentum, signaling potential continuation. * Bollinger Bands: ANET is trading near the upper band, indicating overbought conditions and possible short-term consolidation. * Moving Averages: * 20-day EMA: Positioned at $103.80, providing dynamic support. * 50-day EMA: Positioned at $96.00, marking critical support for a deeper retracement. Liquidity Zones & Order Blocks: * Liquidity Zone: Between $108 and $110, where the price is consolidating before a potential breakout. * Order Block: $90 to $96, highlighting strong historical buying interest and accumulation. 3. Trading Plan: Playbook for Scalping and Swing Trades Scalping Setup: * Entry: Buy near $108 on a pullback or break above $110.75 with strong volume. * Target: $112 to $115 for short-term profit. * Stop-Loss: $107 (below immediate support). Swing Trading Setup: * Entry: Accumulate near $96 for a medium-term play or wait for a breakout above $110.75 for confirmation. * Target: $120 for swing trade gains. * Stop-Loss: $94 (below major support and 50-day EMA). 4. Where ANET Might Be Headed Next ANET is showing strong bullish momentum with solid fundamental and technical setups. A breakout above $110.74 could signal a rally toward $115-$120, while a failure to hold above $108 may lead to a retest of $96. Given its growth potential, ANET remains a strong candidate for both scalping and swing trades. 5. Disclaimer This analysis is for informational purposes only and not financial advice. Please consult your financial advisor or conduct your own research before trading.
As of December 8, 2024, NVIDIA is trading at $141.92. Here’s a detailed analysis and trading strategy. 1. Fundamental Analysis: NVIDIA's Dominance in AI and GPUs * Forward P/E Ratio: Approximately 29.5, reflecting a premium valuation indicative of strong growth expectations in AI, gaming, and data center markets. * Expected EPS Growth: A projected 20% 5-year EPS growth, driven by rising AI adoption, autonomous vehicle technologies, and expanding cloud infrastructure. * Expected Revenue Growth: Robust 18% 5-year CAGR, supported by leadership in GPUs and data center technology. * Net Margins: 33.5%, demonstrating NVIDIA’s exceptional profitability, boosted by its high-margin GPU business. Fundamental Rating: 9/10 NVIDIA is a market leader with strong growth potential, excellent profitability, and solid execution. Its valuation reflects these strengths but also leaves less room for margin of error. 2. Technical Analysis: Key Levels and Price Action Support and Resistance Levels: * Immediate Resistance: $152.87 (recent high and critical level for bullish continuation). * Key Support: $132.14 (recent pullback zone and liquidity area). * Major Support: $120.00 (historical demand zone and near the 200-day EMA). Indicators: * MACD: Bullish crossover in progress, but histogram suggests waning momentum. * Moving Averages: * 20-day EMA: Positioned at $138.50, providing short-term dynamic support. * 50-day EMA: Positioned at $130.75, reinforcing a critical support zone. Liquidity Zones & Order Blocks: * Liquidity Zone: $132.14 to $138.50, where prior consolidation suggests buyer interest. * Order Block: $125 to $132, highlighting a key accumulation area before the recent upward move. 3. Trading Plan: Playbook for Scalping and Swing Trades Scalping Setup: * Entry: Buy near $138.50 on pullbacks or on a breakout above $143 with strong volume. * Target: $147.50 to $152.87 (resistance zone). * Stop-Loss: $137 (below immediate support and 20-day EMA). Swing Trading Setup: * Entry: Accumulate near $132 for a longer-term play or wait for confirmation of a breakout above $152.87. * Target: $160 to $170 for medium-term gains. * Stop-Loss: Below $120 (key structural support). 4. Where NVDA Might Be Headed Next NVIDIA is currently trading within a consolidation zone, with bullish momentum gradually returning. A breakout above $152.87 could lead to a retest of $160, while a failure to sustain above $132 might lead to further consolidation. Given its fundamental strength, any pullbacks should be seen as opportunities for accumulation by swing traders and investors. Disclaimer This analysis is for informational purposes only and not financial advice. Always do your own research and consult a financial advisor before trading.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
As of December 8, 2024, Palantir Technologies (PLTR) is trading at $77.50. Here’s a detailed analysis and trading strategy. 1. Fundamental Analysis: Palantir's Growth Story * Forward P/E Ratio: Approximately 44.5, indicating a premium valuation for a company in the growth phase, reflective of investor confidence in its expansion potential. * Expected EPS Growth: A projected 25% 5-year EPS growth, driven by strong demand in AI, data analytics, and government contracts. * Expected Revenue Growth: A robust 22% 5-year CAGR, fueled by an expanding client base and increasing adoption of AI solutions. * Net Margins: 19.2%, showcasing profitability despite its ongoing growth investments and high R&D spending. Fundamental Rating: 8.5/10 Palantir is a high-growth company with strong fundamentals, but its valuation is relatively high, making it more suitable for long-term growth investors who can stomach potential volatility. 2. Technical Analysis: Key Levels and Price Action Support and Resistance Levels: * Immediate Resistance: $80.00 (psychological level and recent trend high). * Key Support: $72.20 (recent breakout level and liquidity zone). * Major Support: $67.24 (previous demand zone, aligns with 50-day EMA). Indicators: * MACD: Bullish momentum is intact, but the histogram suggests slight weakening. * Moving Averages: * 20-day EMA: Positioned at $74.50, providing dynamic support. * 50-day EMA: Positioned at $67.24, acting as a strong long-term support. Liquidity Zones & Order Blocks: * Liquidity Zone: $72 to $74.50, where significant buying activity occurred recently. * Order Block: $67 to $72, highlighting an accumulation zone during previous consolidation. 3. Trading Plan: Playbook for Scalping and Swing Trades Scalping Setup: * Entry: Look for a pullback to $74.50 or a breakout above $78 with volume confirmation. * Target: $79.50 to $80 (short-term resistance). * Stop-Loss: $73.50 (below the recent support level). Swing Trading Setup: * Entry: Accumulate near $72 for a high-reward trade or wait for confirmation of a breakout above $80. * Target: $85 to $90 for medium-term gains. * Stop-Loss: Below $67 to minimize downside risk. 4. Where PLTR Might Be Headed Next Palantir is in a strong uptrend, with bulls firmly in control. However, the stock is nearing overbought conditions on shorter timeframes, which increases the likelihood of a pullback to $72. The broader trend remains bullish, making any dip a potential buying opportunity for swing traders. Watch for a breakout above $80, which could trigger a rapid move toward $85 or higher. Disclaimer This analysis is for informational purposes only and not financial advice. Always do your own research and consult a financial advisor before trading.
ALAR- Super entry -Uptrend structure confirms. -Key level support. -Demand zone support. -Logic volume together with candles (VSA). -Quasimodo pattern. -Inversed HnS pattern. . Let's wait n see. More plans at US STOCKS- WALL STREET DREAM
The Swissie (USD/CHF) is reacting off the pivot which and could potentially rise to the 1st resistance which has been identified as a pullback resistance. Pivot: 0.8727 1st Support: 0.8616 1st Resistance: 0.8920 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Feels like dogecoin all over again with xrp lol no way the do this twice right?