$SHOP Sunk, Will You Follow Cathie Wood $ARKF to Buy the Dip?
The $Shopify Inc(SHOP)$ crashed today after it lost $270 million in the first quarterShares down 20%Market cap down $20 billionGains from the last 12 months wiped out Since peaking in November 2021 shares are down 63%ImageHowever, Cathie Wood and Ark Invest $ARK Fintech Innovation ETF(ARKF)$ bought over 482K shares of $Shopify Inc(SHOP)$ today.ImageThe ratings for $Shopify(SHOP)$ from tipranks are moderate buy and with an average targets to $83.07(an 32.42% increase)Are you buying the $Shopify(SHOP)$ dip?Technicallly, seems $ARK Fintech Inn
Earnings announcement for $AMC Entertainment(AMC)$ on May 08, 2024 after market close.The report will be for the fiscal Quarter ending Mar 2024. According to Zacks Investment Research, based on 1 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.62. The reported EPS for the same quarter last year was $-1.3.$AMC Entertainment(AMC)$ AMC has repeatedly surprised with quarterly profits in the last 2 years. How will the AMC share perform after the upcoming results?www.nasdaq.comwww.nasdaq.com$AMC Entertainment(AMC)$ AMC Monthly view. There is no way I am not at least taking a chance here as meme stocks start to wake up.There is no way I am not at lea
$Micron Technology(MU)$ #MU Literally a 24-year breakout.ImageBased on analysts from nasdaq.comoffering 12 month price targets for $Micron Technology(MU)$ in the last 3 months. The average price target is $126.96 with a high estimate of $225 and a low estimate of $85.
SOXS trading volume surging! Ready to short Semiconductor Industry?
SOXS trading volume surging! Ready to short Semiconductor Industry?SOXS ranked third in US stock trading volume on Wednesday, closing up 2.86%.On the previous trading day, SOXS's trading volume also ranked third.Data of March 19th, Tiger TradeData of March 18th, Tiger TradeAccording to observation,The trading volume of $Semiconductors Bear 3X Shares(SOXS)$ reached a record high on March 7. On that day, the price also hit the bottom first and then rose.So far, SOXS has been rising for 2 consecutive weeks.Is it time that the short selling in the semiconductor industry begin to be arranged recently?The SOXS ETF inversely tracks the performance of the PHLX Semiconductor Index, ranked fifth on the list of levered/ inverse ETFs with 12.8% returns in the
$PayPal(PYPL)$ Well, that got interesting real quick.GOLDEN CROSS- "When 50sma crosses over 200sma" Buyers showing up at the lower channel ever single time. For referrence last few times we saw Golden cross was in --> Jan 2019, May 2020- Each time bottom was in. ImageSometimes the signs are obvious....@The Long InvestorLets look back at this tweet in few months.
“ $Blink Charging(BLNK)$ The monthly chart setup continues to be very intriguing. Earnings on Thursday could be the spark.” —@Jake__WujastykImageThe previous two times Earnings had an upward movement on the same day, and then fell. Worth give it a try in the short term?Quadrature Capital Ltd acquired a new stake in $Blink Charging(BLNK)$ during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 47,820 shares of the company’s stock, valued at approximately $146,000.
Oil Predicts a Potential Rise: $XOM & $OXY Show Entry Points
Entering 2024, experts predict a potential surge in oil $WTI Crude Oil - main 2402(CLmain)$ prices similar to the Russia-Ukraine conflict in 2022. Global unrest, ongoing conflicts, and geopolitical complexities contribute to this outlook.Factors supporting oil prices include:The U.S. government's aim to keep oil below $70 for strategic reserves, creating a volatile zone even if prices remain stable in 2024.Technically, oil prices align with a long-term bullish trend, resembling patterns after May 2003. Key difference lies in the consolidation duration near $70.In the U.S. election year, efforts to suppress inflation may moderate oil price prominence. A quiet rise to $90-$100 is anticipated before an acceleration in 2025.Therefore, experts beli