ViolaWright

    • ViolaWrightViolaWright
      ·2023-08-29

      Taiwan Semiconductor Stock Forecast

      The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price gained 0.616% on Friday, 25th Aug 2023, rising from $92.53 to $93.10. During the last trading day the stock fluctuated 2.19% from a day low at $91.41 to a day high of $93.41. The price has been going up and down for this period, and there has been a 1.21% gain for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 9 million shares were bought and sold for approximately $816.14 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.The stock lies in the middle of a wide and falling trend in the short term and further fal
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      Taiwan Semiconductor Stock Forecast
    • ViolaWrightViolaWright
      ·2023-08-24

      Nvidia: Quick Takes On Monstrous Q2 2024 Earnings Beat

      SummaryRobust AI-driven data center sales has propelled Nvidia's blockbuster fiscal Q2 earnings beat.The company has guided similar strength in the current quarter, supported by continued deployment of accelerated computing infrastructure to support ongoing AI developments.Outsized growth and improving profitability are expected to bolster the stock's premium at current levels.Justin SullivanNvidia $NVIDIA Corp(NVDA)$ really did and went ahead to pull off a 101% y/y increase to fiscal second quarter revenues, beating its blockbuster guidance to push the stock above $500 a piece in post-market trading. The monstrous quarter was driven primarily by robust AI demand in data center sales – particularly the deployment of “NVIDIA H100 AI infrastruc
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      Nvidia: Quick Takes On Monstrous Q2 2024 Earnings Beat
    • ViolaWrightViolaWright
      ·2023-08-23

      LCID setting up falling wedge breakout LONG

      From the 1H chart, I have drawn descending and falling trendlines with the resistance falling faster, That is to say I see a falling wedge pattern which might be typically at the bottom of a trend forecasting an upside breakout. LICD $Lucid Group Inc(LCID)$ made a small move up in the past 3-4 hours of trading. Overall the indicators support the idea of a reversal especially on the dual TF RS indicator with the green lower TF rising over the higher TF black line and above the 50 level. Likewise, the ZL MACD shows a line cross under the histogram which went red to green in a bit of bullish divergence.The ADX oscillator has yet to show much of anything with the lines hovering about the 20 level. Overall, I expect a breakout however I am willing to t
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      LCID setting up falling wedge breakout LONG
    • ViolaWrightViolaWright
      ·2023-08-22

      Nvidia: Why I Believe The Recent Dip Is An Opportunity

      SummaryNVIDIA is undergoing a significant transformation in its business model, with a focus on recurring software/services revenue and AI applications.The introduction of DGX Cloud, a gateway to an AI factory in the cloud, is gaining traction and driving migration of workloads to the cloud.NVIDIA's native support for FP8 in its H100 product gives it a competitive edge in AI processing, offering higher performance and accuracy.By applying a ~33x multiple, the stock should trade around $625. (Providing investors ~40% upside from current trading price).NVDA,AI Sundry PhotographyNVIDIA Corporation $NVIDIA Corp(NVDA)$ is going through the largest transformation of its business model which is not a short-term story and, in my opinion, its real bull cas
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      Nvidia: Why I Believe The Recent Dip Is An Opportunity
    • ViolaWrightViolaWright
      ·2023-08-18

      Li: The Best Chinese EV Startup

      SummaryLi has delivered a record 86,533 vehicles and realized $4 billion in revenue in Q2 2023.Li is currently the third biggest Chinese EV maker in terms of deliveries, behind EV giant BYD and Aion.Li expects to deliver 100,000 vehicles in Q3, which it is on track to achieve with its record July deliveries of 34,134.I believe Li is a better investment in the EV sector than other Chinese manufacturers like Nio and XPeng.standretThesisLi Auto Inc. $Li Auto(LI)$ seems to be on a roll recently. The EV maker has recorded its third consecutive quarter of profitability and has increased its gross margin sequentially from 20% to around 21.7%. Additionally, the EV maker has achieved record deliveries in Q2 for the third consecutive time and expects to break
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      Li: The Best Chinese EV Startup
    • ViolaWrightViolaWright
      ·2023-08-11

      Taiwan Semiconductor Stock Forecast

      The Taiwan Semiconductor $Taiwan Semiconductor Manufacturing(TSM)$ stock price gained 0.87% on Thursday, 10th Aug 2023, rising from $93.98 to $94.80. During the last trading day the stock fluctuated 1.79% from a day low at $94.28 to a day high of $95.97. The price has fallen in 6 of the last 10 days and is down by -4.58% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 276 thousand more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately $587.21 million.The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the
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      Taiwan Semiconductor Stock Forecast
    • ViolaWrightViolaWright
      ·2023-08-10

      Plug Power: History Of Underdelivering And Lack Of Tangible Results Raise Caution

      SummaryPlug Power is a pioneer in the green hydrogen economy, but its history of underperformance and lack of financial results should make investors cautious.The hydrogen production market is expected to grow, but Plug Power's green hydrogen remains relatively expensive compared to its peers.Potential growth drivers for Plug Power include strategic partnerships, expansion efforts, and internal hydrogen production, but profitability and cash flow issues remain.audioundwerbungThesisPlug Power Inc. $Plug Power(PLUG)$ is a pioneering force in the emerging green hydrogen economy committed to a sustainable future. Despite ambitious plans in the coming years to produce green hydrogen internally to reduce costs and make their business economically viable
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      Plug Power: History Of Underdelivering And Lack Of Tangible Results Raise Caution
    • ViolaWrightViolaWright
      ·2023-08-09

      Novavax Stock Forecast

      The Novavax $Novavax(NVAX)$ stock price fell by -3.86% on Tuesday, 8th Aug 2023 from $7.52 to $7.23. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 24.23% from a day low at $7.10 to a day high of $8.82. The price has fallen in 7 of the last 10 days and is down by -9.63% for this period. Volume has increased on the last day by 22 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, 30 million shares were bought and sold for approximately $215.12 million.The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend fl
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      Novavax Stock Forecast
    • ViolaWrightViolaWright
      ·2023-08-08

      Oh Rivy is it time to fill your gaps

      so for the last week, she couldn't hang outside the box, forming a nice wedge. I will ride RIVN $Rivian Automotive, Inc.(RIVN)$ down to 24 and wait if price consolidate and if there are no buyer then all the way at the bottom of the box. Hopefully this week we touch one gap but market is not about your opinion sometimes, price action tells the story.
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      Oh Rivy is it time to fill your gaps
    • ViolaWrightViolaWright
      ·2023-08-07
      The revenue is climbing over 50% from from Q1 to Q2 2023.They report Q2 in 2 weeksGross margins are skyrocketing to around 70%.Nvidia $NVIDIA Corp(NVDA)$ is sold out anywhere between 9 months and a year.To quote Elon Musk who just purchased 22,000 Nvidia GPUs.I can buy drugs easier than I can buy Nvidia GPUs.Nvidia has partnerships / strategic relationships with Oracle Facebook Adobe Google Microsoft $Meta Platforms, Inc.(META)$ AWS to name a few.Good luck in your investingAs Jensen said we're in the first inning of a 9 inning game. The Dawn of AI the 4th Industrial RevolutionI've held this stock for 6 1/2 years I haven't sold a share. It's bouncing between a 14x and a 15x returnAnd there's others here th
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