$C3.ai, Inc.(AI)$ has experienced a four consecutive weeks down move, exceeding its one standard deviation price run. Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding two SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory. $Roblox Corporation(RBLX)$ share price gapped down in recent movements and formed a intermediary swing high. Share price retraced to close the gap with reduce volume in last week trading session. This is a sign of weakness.
$Bilibili Inc.(BILI)$ share price reacted positively after its recent financial report announcement. Share price traded above EMAs and formed a intermediary swing low, which is a bullish signal, indicating a potential reversal point. Similarly, $JD.com(JD)$ share price also reacted positively its recent financial report released with a gapped up. Share price closed above EMAs in last trading session with increased volume, indicating strength. $Baidu(BIDU)$
$Taiwan Semiconductor Manufacturing(TSM)$ the world's largest contract chip manufacturer, has seen several positive days in the market recently. This significant price increase indicates positive investor sentiment. The global semiconductor industry is expected to continue growing, benefiting major players like TSM. The ongoing chip shortage and high demand for semiconductors from various industries (e.g., consumer electronics, automotive) bode well for TSM's production capacity. While short-term fluctuations might occur, TSM's position in the growing semiconductor industry offers long-term growth potential.
$Intel(INTC)$ recent price retracement might be viewed as a buying opportunity by some investors. The stock may have entered a bullish order block, a price zone where significant buying activity previously occurred. This historical support level could act as a springboard, propelling the price upwards once again. $Pinduoduo Inc.(PDD)$ investors witnessed a bloodbath in recent weeks as the stock price plummeted, leaving a long, menacing bearish candlestick on the weekly chart. Fueling the decline was a surge in trading volume. This surge indicates a significant increase in selling activity, suggesting that investors are losing confidence i
$NIO Inc.(NIO)$ upcoming earnings announcement is crucial for investors seeking to understand the company's financial performance and future prospects. It's crucial to consider Nio's recent delivery numbers, which have been positive. In February 2024, they reported delivering 7,859 vehicles, marking a 36.6% increase year-over-year and a 10.4% increase compared to January 2024. While historical performance isn't always indicative of future results, Nio's consistent delivery growth offers a positive outlook for the upcoming earnings announcement. $Li Auto(LI)$ $XPeng Inc.(XPEV)$
$Alibaba(BABA)$ $Baidu(BIDU)$ $iQiyi Inc.(IQ)$ $JD.com(JD)$ While these companies have faced challenges in the past, their recent stock price movements and the positive factors driving them are painting a promising picture with upward trend, marked by higher highs and higher lows, which may be a sign of enewed optimism for China's tech sector. While higher highs and lower lows are inherent to any market, the current trend suggests a confluence of positive factors propelling
$C3.ai, Inc.(AI)$ has experienced a five consecutive weeks down move, exceeding its two standard deviations price run. $XPeng Inc.(XPEV)$ on the hand has a four consecutive weeks down move, exceeding its one standard deviation price run. Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding two SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory.
$Semiconductor Bull 3X Shares(SOXL)$ witnessed a surge in trading activity. This indicates heightened investor interest, likely due to the volatile market conditions. The health of the semiconductor industry directly impacts SOXL's performance. If the industry rebounds, SOXL could see a positive movement. SOXL stock price formed an intermediary swing low in recent trading session, this signify strength and a possible of rebound. $Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ $Intel(INTC)$
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$Faraday Future Intelligent Electric Inc.(FFIE)$ announced that the company is expecting to deliver two more FF 91 2.0 Futurist Alliance EV's, and a B2B co-creation partnering with Motev, LLC, a leader in luxury sustainable transportation services, which is a significant milestone for FFIE. The company's main focus currently is on launching production of the FF 91 Futurist car at their Hanford facility, starting on March 30th, 2024. FFIE share price traded strongly on last trading session with increased volume. It is possible that FFIE might continue to move higher, bullish for now.
$XPeng Inc.(XPEV)$ has been forming a higher high and higher low. It has also formed an intermediary swing low in last trading session, which indicated strength. $NIO Inc.(NIO)$ and $Li Auto(LI)$ have been trading higher after its financial report. The recent price dropped indicate retracement. Both of them have also formed an intermediary swing low in last trading session, which could indicate reversal to continue moving higher. $Faraday Future Intelligent Electric Inc.(FFIE)$
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$Tesla Motors(TSLA)$ recent price movements formed a bearish fair value gap in its weekly chart. Share price retraced back into the bearish fair value gap and formed a intermediary swing high, closing lower with increased volume in last trading week. This indicates weakness. $Li Auto(LI)$ share price has retraced into the bullish order block and formed an intermediary swing low in recent price movements. The order block is a price zone where a significant amount of buying activity previously took place. This support zone can act as a springboard for the stock to launch itself back into its upward trajectory.
$Semiconductor Bull 3X Shares(SOXL)$ performance is directly linked to the performance of the underlying semiconductor index. Any negative news or downturn in the sector could lead to significant losses in SOXL. SOXL, the Direxion Daily Semiconductor Bull 3X Shares ETF, experienced a positive day on March 6, 2024, closing at $50.22, a significant 7.22% increase from the previous day's closing price. The rise in SOXL could be attributed to positive news surrounding the semiconductor industry. Chipmakers like Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC) reported strong earnings, boosting investor confidence in the sector. The broader market sentiment also played a role. Major indices like the S&P 5
$NIO Inc.(NIO)$ and $XPeng Inc.(XPEV)$ share prices exhibited a synchronised pattern, suggesting a potential for further upward movement. The Gap and Retrace: The story begins with a "gap up," where the opening price on a given day is significantly higher than the previous day's closing price. This indicates strong buying pressure at the open. Interestingly, both Nio and Xpeng experienced this bullish gap. However, the market rarely moves in a straight line. So, after the initial surge, both share prices retraced, meaning they pulled back slightly from their highs. This is a healthy and normal price movement, allowing for consolidati
$Palantir Technologies Inc.(PLTR)$ won a major contract with the Army Contracting Command – Aberdeen Proving Ground. This new deal, worth over $170 millions. This contract signifies not only a financial boost for Palantir but also a reinforcement of its position as a key player in providing cutting-edge technology to the defense sector. $Roblox Corporation(RBLX)$ share price is reaching its 200EMA. It has traded below old low and closed higher, taking out liquidity. This could be a sign of reversal.
$Roblox Corporation(RBLX)$ the popular online gaming platform, has experienced a four consecutive weeks down move, exceeding its one standard deviation price run after its recent financial announcement. One standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding one SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory.
$JD.com(JD)$ price gapped up and closed higher in last trading session, signalling strength after the Chinese e-commerce giant revealed its plan to raise salary for its staffs next year. This indicate the company's confidence in its future and potentially attracts and retains talent. The market is supportive of the plan and has shown it in the price movements. JD.com share price is possible of moving higher, bullish for now. $Alibaba(BABA)$
$Palantir Technologies Inc.(PLTR)$ has enjoyed a remarkable surge in February, witnessing a 41.11% gain in the month so far (as of February 22nd). This impressive leap stands out against the broader market's performance, potentially fueled by several factors: Positive Earnings Report - The company's Q3 2023 earnings report, released in November 2023, exceeded analyst expectations, boosting investor confidence. Increased Institutional Interest - Large investors have been accumulating PLTR shares, adding legitimacy and potentially driving up demand. AI Hype - The overall excitement surrounding artificial intelligence (AI) technologies has positively impacted AI-related stocks like PLTR.
$Meta Platforms, Inc.(META)$ beats Analyst expectations and announced its first ever dividend of 50 cents per share. Meta also reported to increase share buy back by $50bn. Meta share retraced into EMA and formed a intermediary swing low in recent price movements with increased volume. The share price is possible of moving higher with positive news and price movements. $Amazon.com(AMZN)$ reported its fourth-quarter results that beat analysts' estimates, and gave strong guidance for the current quarter. Amazon share price retraced into EMAs and formed a intermediary swing low with increased volume in last trading session. The s
$NVIDIA Corp(NVDA)$ has formed an intermediary swing high with gap down in recent price movements. which some interpret as a potential bearish signal and others viewing it as a temporary pause in the uptrend. A swing highs and lows are identified as turning points in a stock's price movement. An intermediary swing high occurs within an ongoing uptrend and marks a temporary peak before the price resumes its upward trajectory. While not inherently bearish, it can sometimes indicate a weakening of the uptrend and foreshadow a potential reversal.
$Palantir Technologies Inc.(PLTR)$ The December quarter earnings season has been strong for companies on artificial intelligence, companies like $Microsoft(MSFT)$ , $Amazon.com(AMZN)$ , and $Meta Platforms, Inc.(META)$ all posted impressive results. Palantir share price on weekly chart has formed a higher high and higher low, which is a sign of bullishness. Its day chart has also formed a swing low in recent price movements and closed higher with inc