@Asphen:INMD - TA Update 4 Dec 2022 $InMode Ltd.(INMD)$ Bullish Scenario - Cup & Handle plays out fully - Handle formed with bounce off 35+ - Needs to break 40 to play out bullish price action Bearish Scenario - Double top play out with neckline break of 35 (note that double tops are only double tops if the price action break below neckline) - Bearish target is 30 - Good support at 28 Upcoming key catalysts - 9 Dec PPI - 13 Dec CPI - 14 Dec FOMC Upcoming price action Likely to be choppy and not any major moves until the above key dates, with 13 Dec CPI the most anticipated data to be released to date as it will again influence how Powell speaks on 14 Dec. Xmas rally? That's when we will know whether we will have the X'mas rall
@financead:SoFi Technologies oddly fell hard following an initial big rally on the strong Q3'22 earnings report.The fintech expects to benefit from the student loan moratorium ending January 1, along with a potential blocking of the loan forgiveness plan.Investors appear irrationally fearful the digital bank isn't taking enough loan provisions due to loans being held longer before being sold.The stock is cheap at 15x conservative 2023 adjusted EBITDA targets.
@koolgal:$NIO Inc.(NIO)$On a day when all the US indexes closed lower, it is a great surprise that Nio's share price has jumped 1.01% to USD 21.97.I believe that this is just a Bear Market Rally for Nio and not sustainable in the near term.Nio's share price is rather volatile. In 52 weeks, the price range is a low of 11.67 to a high of 44.27. The immediate support level is 19.But in the next 12 months, Nio shares could double in value. This is due to Nio's ET5 sedan which is rapidly becoming a top selling premium EV given the initial positive demand for the EV and Nio's efforts to boost production. Nio has received about 200,000 pre orders for ET5 and Nio is set to deliver its first batch on 30 Septembe
@无极阿尔法:Singapore stocks extended losses into Thursday (July 14) on yet another off-cycle monetary tightening move this year, with the city state having recorded slower-than-expected economic growth. The Straits Times Index (STI) tumbled 1.2 per cent or 38.06 points to 3,090.63 at the closing bell. Losers beat gainers 297 to 180 in the broader market, with 987.7 million securities worth S$935.4 million changing hands. In an unscheduled tightening move, the Monetary Authority of Singapore (MAS) upped its full-year inflation forecast for 2022, on the back of expectation that overall inflationary pressures “will remain elevated in the months ahead”. Regional indices delivered a mixed response to the grim US inflation report late Wednesday, in which consumer prices surged to a 40-year high of 9.1 per
@Jasoncgs:$Tesla Motors(TSLA)$Many EV stocks have gained considerable market value on Friday as Tesla(NASDAQ:TSLA) presented a potential gamechanger. According to a White House memo, the pioneering icon will begin production of new equipment that will allow non-Tesla EV drivers to use Tesla Superchargers.According to Jalopnik, Tesla has been running a pilot program to allow EV drivers in Europe to access its charging network. In part, the announcement bolstered EV stocks because it arrived unexpectedly quickly. Although Tesla CEO Elon Musk vocally supported an open charging network, he never really converted words into action. Further, Musk and President Joe Biden have not always seen eye to eye.Now that bygones are apparently bygones, the news appears to b