ARM DD: Before you read this, understand that trying to buy IPOs when they begin trading isn't guaranteed and if you market buy, you will get roasted. It's not good to chase IPOs. No matter if this is the next NASDAQ:AAPL NASDAQ:TSLA and NASDAQ:AMZN combined, do not chase and only make wise and calculated decisions while trading. I've been waiting for...
ARM made .54 eps in 2022 and .51 eps in 2023. at 51 cents eps, its 124 PE. Revenue per share current is 2.60 revenue per share, giving a price to sales over 20 PS. Its unclear if ARM is growing sales and earnings at a rate that justifies the current premium. Possible multiples examples: if pe goes to: 20pe x .51 = 10.20 30pe x .51 =15.30 40pe x .51= 20.40 so...
I bought my positions today May 25, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. It has a very tight pivot level/line of the least resistance 4. High relative strength stock 5. It has VCP characteristics 6. I got an 80% win rate on a primary base setup Flaw: 1. The market is still in a correction 2. Lack...
We recently had the pleasure of speaking with Janelle Teng of Bessemer Venture Partners (BVP). Janelle is a vice president at BVP, focused primarily on cloud software, infrastructure and developer platforms. WisdomTree began working with BVP in 2020 to launch WisdomTree’s Cloud Computing Strategy which tracks the BVP Nasdaq Emerging Cloud Index. This blog is a...
all levels show where it can bounce back from it is at 50EMA & RSI on 59 showing some strength with rising volume
LICN has been on our radar ever since it broke out of a VCP type setup. The stock ran into resistance and now has seen a heavy amount of trading around the $2.30 - $2.50 range. In our opinion, the stock provides a low risk, high reward setup with our target being the AVWAP from the IPO high. Strong support is current present from the rising 50 day MA and the...
YALA is in my opinion undervalued at current market prices. The stock provides a strong thesis for both the fundamental and technical trader. Their revenue has grown from 42mn in 2018 to 303mn in 2022. Net Income has grown from 20mn in 2018 to 78mn in 2022. Paying users for the products has grown by 49% relative to 2021. Monthly active users (MAU) has grown by...
I bought my positions today March 9, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. Low-cheat level (it is preferable for IPO base) 4. High relative strength 5. IPO breakout is working fine this far Flaws: 1. Stock closed squat 2. Lack of volume on the breakout So far, it acting normal. I like to see some...
After the price drops massively the first year after trading started from the low volume ~1k USD per XCH during feature trading and a peak up above 2k USD the price now is in a range between ~30 USD and ~50 USD. The network space slowly started to grow ~10% since january 2023 and can be considered stable since july 2022. The node count is ~115k (ETH ~7k, BTC...
Life Time owns and operates a chain of “athletic country clubs.” They are basically high-end gyms offering everything from free weights and elliptical machines to steam saunas and smoothie bars. The company went public in late 2021, right before the bear market began. But the stock is now soaring… I have circled the signs of accumulation in the volume...
TOST went public in late 2021 - just in time to get slaughtered in last year's bear market. But the stock is now turning around. I like the late-2021 and 2022 IPO bucket since a lot of these names have not had a chance to shine in a healthy market. Many are trading for a fraction of their IPO price and beginning to shine. TOST is one of them. After nearly...
the following symobl showing good support holding level ipo based stock if hold and give breakout of trendline expecting good moves keep in watchlist till action started to happen : )
www.tradingview.com This is a list of 2022 IPO list. Not much overhead supply in these hopefully there are some gems for 2023 from this
Rising Wedge breaking does not necessarily mean it will tank. In fact it is highly unlikely unless the entire market tanks. How should we view this? 1. Canary in the coal mine? Possible 2. High base to follow? Probable. 3. Expansion of Structure? Likely The market is not cheap! That means wild schitt can and likely will occur. When? No one knows. Don't fall...
great sector, great business model with good fundametals. listed with 40% premium in its IPO lisiting. great to buy. since it has broken the trend of lower higher and lower lows. volume is also pretty high. a small cap company, which could prove a multibagger in future.
Polycab is a great stock with a good fundamentals. i have drawn the major trends supporting from its IPO time and from corona's crash. from past 14-15 months the stock is following the same channel, and has given about no returns. since it has a good fundamentals and the sales are growing nicely, i see a good upside movement. but on the flip side, this channel...
Notes: * Recent IPO with steady up trend * Not the best earnings in the recent quarters * Basing for the past ~3 months * While basing it bounced off of its IPO highs around the 13.8 area * Recently breaking and holding above a pivot area between 16.65 and 16.9 * Daily and weekly volume seems to be indicating buyers coming in and the UD ratio seems to be...
$ILAG is forming a bullish Cup & Handle pattern Enter the swing trade in case of a breakout from the handle.. target is $16