OhDennyy
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avatarOhDennyy
2023-08-29

C3.ai, Bearish Trend Continues

Once again I hate to be the Bearer of bad news but I'm not seeing anything good on the C3.ai Chart. I've tried to map out the most basic indicators so that you're able to see what I see. In fact what I see is that the Bearish Trend has been gaining strength if anything. For 20 days now it has been trading below the 7 day EMA and well below the 50 day ema. We have negative signals all over and the Money Flow Index as well as the TSI are both very negative with no reversal in the near term. I believe that with the current trend and today's Bearish Engulfing Candle along with trading volume at double of what your normal day is of 10 million shares that the potential for C3.ai to break through the bottom trend line of the Bear Channel they're in (since the middle of June) is very real with my
C3.ai, Bearish Trend Continues
avatarOhDennyy
2023-08-24

SoFi Technologies: Seeking GAAP

SummarySoFi Technologies reported record revenues and member growth in Q2, with the potential for GAAP profitability in Q4-23.Member growth is slowing but still strong, with 584K new additions in Q2.SoFi Technologies' product growth is driven by its Financial Services segment, reaching a record 9.4 million in Q2.I going to make a greatest artwork as I can, by my head, my hand and by my mind.One-stop shop for digital financial services, SoFi Technologies, Inc. $SoFi Technologies Inc.(SOFI)$, reported record revenues and members for the second quarter.The attainment of GAAP profitability, based on the fintech's guidance, may be achieved in 4Q-23, which triggers a rating change from 'Sell' to 'Hold'. My last coverage on SoFi Technologi
SoFi Technologies: Seeking GAAP
avatarOhDennyy
2023-08-22

MAC stock analysis

The AMC Entertainment stock price fell by -23.72% on Monday, 21st Aug 2023 from $4.09 to $3.12. During the last trading day the stock fluctuated 32.13% from a day low at $3.05 to a day high of $4.03. The price has risen in 6 of the last 10 days but is still down by -39.06% for this period. Volume has increased on the last day by 62 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 112 million shares were bought and sold for approximately $350.36 million.The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($3.37)
MAC stock analysis
avatarOhDennyy
2023-08-21

Nikola Stock Forecast

The Nikola $Nikola Corporation(NKLA)$ stock price gained 4.81% on Friday, 18th Aug 2023, rising from $1.87 to $1.96. During the last trading day the stock fluctuated 16.37% from a day low at $1.71 to a day high of $1.99. The price has fallen in 6 of the last 10 days and is down by -21.6% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 24 million more shares were traded than the day before. In total, 53 million shares were bought and sold for approximately $104.27 million.The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $1.90 is broken, it will
Nikola Stock Forecast
avatarOhDennyy
2023-08-17

Anticipating Tough Times For Tesla

SummaryTesla, Inc.'s future financial outlook is uncertain due to macroeconomic conditions, including tightening auto loan standards and rising interest rates.The decline in used car prices and the potential for further price cuts suggest that Tesla's margins will likely continue to deteriorate.Tesla stock is overvalued, and the stock price is deviating from weakening fundamentals, making it a risky investment at this time.sanfelInvestment ThesisIn the second quarter, macroeconomic uncertainties were the highlight for Tesla, Inc. $Tesla Motors(TSLA)$, as executives were not as confident about the future financial outlook as they usually were, as prices were cut and margins narrowed. We think this theme will continue for the rest of the y
Anticipating Tough Times For Tesla
avatarOhDennyy
2023-08-10

Tesla Stock Forecast

The Tesla $Tesla Motors(TSLA)$ stock price fell by -3.01% on Wednesday, 9th Aug 2023 from $249.70 to $242.19. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 3.80% from a day low at $241.90 to a day high of $251.10. The price has fallen in 7 of the last 10 days and is down by -8.38% for this period. Volume has increased on the last day by 4 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 100 million shares were bought and sold for approximately $24.17 billion.Given the current short-term trend, the stock is expected to rise 47.61% during the next 3 months and, with a 90% probability hold a price between $357.50 and
Tesla Stock Forecast
avatarOhDennyy
2023-08-10

Pinduoduo stock analysis

The Pinduoduo $Pinduoduo Inc.(PDD)$ stock price fell by -0.287% on Wednesday, 9th Aug 2023 from $83.72 to $83.48. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.77% from a day low at $83.03 to a day high of $85.33. The price has been going up and down for this period, and there has been a -0.75% loss for the last 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -611 thousand shares and in total, 5 million shares were bought and sold for approximately $445.52 million.The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled.
Pinduoduo stock analysis
avatarOhDennyy
2023-08-08

Berkshire Hathaway Continues To BetBillions On Treasuries, Defying The Fitch Downgrade

SummaryFitch downgraded U.S. debt from 'AAA' to 'AA+', citing concerns about fiscal deterioration and erosion of governance quality.Warren Buffett's Berkshire Hathaway, however, continues to buy $10 billion worth of treasuries per week, despite the downgrade.Contrasting the macro uncertainty, Treasuries offer a safe-haven investment with attractive yields, making them an appealing option for investors.Paul MorigiI have previously argued for the attractiveness of U.S. Treasuries specifically, and high-quality fixed income securities in general, highlighting an equity-competitive income yield, paired with a low default-risk ("risk-free" for Treasuries) pitch:The 10-year treasury yield is now trading above 4%, and has thus topped the ∼3.6% dividend benchmark that investors expe
Berkshire Hathaway Continues To BetBillions On Treasuries, Defying The Fitch Downgrade
avatarOhDennyy
2023-08-07

NQ/QQQ Weekly Levels & Trade Prep

SUMMARY $E-mini Nasdaq 100 - main 2309(NQmain)$ NQ finished the week with a loss of 3.05% after trading in a range of 510 pts.NQ closed back below the Mar 29th high & 9/21 emas.First support is now the 1.27 Fib extensionPrice is still above the HTF 618 Fib and Aug16th highAll sectors closed red last week except XLE which closed 1.25% higher. Weakest sectors were XLK $Technology Select Sector SPDR Fund(XLK)$ & XLU $Utilities Select Sector SPDR Fund(XLU)$ .Catalyst for Thursday sell off was the Fitch downgrade of US debt rating.Now in a seasonally weak period of the year.Long term bias remains bullish but deeper pull back to the lower trendline is now pos
NQ/QQQ Weekly Levels & Trade Prep
avatarOhDennyy
2023-08-07

Fortinet Stock Forecast

The Fortinet $Fortinet(FTNT)$ stock price fell by -25.07% on Friday, 4th Aug 2023 from $75.76 to $56.77. During the last trading day the stock fluctuated 9.36% from a day low at $56.10 to a day high of $61.35. The price has been going up and down for this period, and there has been a -27.37% loss for the last 2 weeks. Volume has increased on the last day by 28 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 33 million shares were bought and sold for approximately $1.86 billion.Given the current short-term trend, the stock is expected to rise 16.47% during the next 3 months and, with a 90% probability hold a price between $66.12 and $96.58 at the end
Fortinet Stock Forecast
avatarOhDennyy
2023-08-04

Airbnb Stock: High-Growth Technology Palace Or Roach Motel?

SummaryAirbnb's stock has risen nearly 50% from its May lows and 81% for the year, but its high valuation and lack of competitive moat have caught short sellers' attention.I'm a frequent user of Airbnb and believe that the platform provides value for money. I disagree with much of the negative media perception of the company.However, there are challenges for Airbnb in terms of competition from other platforms and the need to grow earnings substantially to justify its valuation. Recession resilience is also a concern.igorissAirbnb Inc. $Airbnb, Inc.(ABNB)$ is up nearly 50% off its May lows and up roughly 81% for the year. That's a huge rise, and a steep valuation to match at 44.5x 2023 earnings estimates. The company lies firmly in the&nb
Airbnb Stock: High-Growth Technology Palace Or Roach Motel?
avatarOhDennyy
2023-08-03

AMD: Still Winning

SummaryAdvanced Micro Devices' strategic positioning in the semiconductor market is not being fully appreciated by investors.Lessons from Intel's Q2 earnings report suggest AMD is winning competitively.AMD is well-positioned to benefit from AI adoption and the transition to flexible architectures and instruction sets.We believe the stock is undervalued and the risk/reward remains attractive.David BeckerThesisAdvanced Micro Devices, Inc. $Advanced Micro Devices(AMD)$ is set to report earnings today after the close. We believe that investors are not appreciating AMD's strategic positioning. AMD remains undervalued at these levels.Lessons from IntelWhen Intel $Intel(INTC)$ reported Q2 earnings,
AMD: Still Winning
avatarOhDennyy
2023-08-01

Google: Sun Shining Days

SummaryAlphabet/Google is on a roll. Revenue and margin expansion strategies are delivering.Google Cloud is finally generating profits.The company appears positioned to regain leadership of the AI industry.We are increasing our Price Target to $150/share. Reiterate Buy Rating.SEASTOCK/iStock Editorial via Getty ImagesInvestment ThesisAlphabet Inc. $Alphabet(GOOG)$ aka Google is on the mend. The cruising that incrementally crippled the business over the previous few years is gone. Management has refocused the enterprise, identified key drivers of the next leg of revenue growth and opportunities for margin expansion. With a view to rapidly scale on the objectives, GOOG is reallocating resources, financial and technical. Brain and Deep Mind have been
Google: Sun Shining Days
avatarOhDennyy
2023-07-26

LRCX analysis

The Lam Research Corporation $Lam Research(LRCX)$ stock price gained 1.75% on Tuesday, 25th Jul 2023, rising from $639.03 to $650.24. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.56% from a day low at $638.05 to a day high of $654.38. The price has risen in 7 of the last 10 days and is up by 4.98% over the past 2 weeks. Volume fell on the last day by -216 thousand shares and in total, 890 thousand shares were bought and sold for approximately $578.86 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes
LRCX analysis
avatarOhDennyy
2023-07-25

Apple: Playing Catch Up

SummaryApple Inc. is quickly working on an AI chat product to compete in the suddenly hot generative AI category.The tech giant is now playing catch-up against other tech giants in several key categories like AI chat and AR/VR devices.Apple stock is incredibly expensive at 32x FY23 EPS targets even as Apple continues falling beyond in AI.Vertigo3dA constant negative thesis with Apple Inc. $Apple(AAPL)$ these days is that it is a business behind on new product development. The latest news of the tech giant entering the generative artificial intelligence ("AI") race appears to be another sign of Apple being behind the leaders in another product category. My investment thesis remains Bearish on the stock while trading near all-tim
Apple: Playing Catch Up
avatarOhDennyy
2023-07-24

Lucid Stock Forecast July 24

The Lucid $Lucid Group Inc(LCID)$ stock price fell by -0.723% on Friday, 21st Jul 2023 from $6.92 to $6.87. During the last trading day the stock fluctuated 7.20% from a day low at $6.67 to a day high of $7.15. The price has been going up and down for this period, and there has been a -7.79% loss for the last 2 weeks. Volume has increased on the last day by 25 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 71 million shares were bought and sold for approximately $487.18 million.The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock i
Lucid Stock Forecast July 24
avatarOhDennyy
2023-07-20

Stock analysis for $TSM

The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price fell by -0.0873% on Wednesday, 19th Jul 2023 from $103.15 to $103.06. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 2.16% from a day low at $102.58 to a day high of $104.79. The price has fallen in 6 of the last 10 days but is still up by 2.05% over the past 2 weeks. Volume has increased on the last day by 694 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 11 million shares were bought and sold for approximately $1.12 billion.The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally po
Stock analysis for $TSM
avatarOhDennyy
2023-07-20
Beating The Market has owned Sea Ltd. since mid 2020, and it's not gone exactly well thus far from purely a share price perspective; however, as you read here, I've never been more convicted in the business than I am today.I think one interesting vantage point from which to think about Sea is via a comparison to MercadoLibre circa 2010 (when it was about 10 years old as a business, as Sea is today).MercadoLibre was vastly "thinner" as a business, but, today, operates a diversified conglomerate that acts as core economic infrastructure for Latin America.Sea $Sea Ltd(SE)$ is more robust at 10 years old than MercadoLibre was at 10 years old in 2010.It has more immensely more cash and a much stronger series of profitable businesses (every business withi
avatarOhDennyy
2023-07-17
NVDA $NVIDIA Corp(NVDA)$ Trillion Dollar Company wants to invest $50 Million in a A1 Drug from RXRX $Recursion Pharmaceuticals, Inc.(RXRX)$, are you kidding me!!?? This will shoot to $50+ in time. The question on everyone's minds is could Nvidia's investment be a step to a full buyout? It all depends on what Nvidia wants to do and how it sees value. In the case of cryptocurrency the value for Nvidia was in people using it for compute power. Here I think the value is less the compute power but more the discoveries and licensing opportunities from discoveries. What this means is anyone's guess but Recursiob became a lot more interesting after last week.Partnering with NVDA This is Hidden GEM Moon time Comin
avatarOhDennyy
2023-07-13
The report on NVDA $NVIDIA Corp(NVDA)$ 's anchoring the ARM Holdings IPO is another major event to confirm the share remain massively under value. Despite todays rise in my view todays rise was muted and either tomorrow or no later than next week when it is ultimately understood what is quickly evolving the incline is going to come "Faster & More Furious". NVDA is going to play a major part in the success of inflation in the USA and many sectors for their success or demise of not adopting what everyday is being called the 4th tier of the industrial cognizance revolution in the world. I am now moving the $500+ target to be met and potentially exceeded before their next earnings on August 23, 2023 and after their earnings it will present the cat

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