$Rivian Automotive, Inc.(RIVN)$ - Bullish PitchforkBased on recent price action, RIVN appears to be showing signs of a potential bullish trend. Although there was a minor pullback, it could present an attractive opportunity for investors to enter the market. The stock has been displaying consistent upward movement, indicating positive market sentiment and potential for further gains. It's worth noting that the overall market conditions and external factors can impact stock prices, so investors should exercise caution and conduct thorough research before making any investment decisions.Source: tradingview
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$Trump Media & Technology(DJT)$
RIVN - Bullish Pitchfork
RIVN - Bullish Pitchfork
Sea Limited: Swapping Unsustainable Growth For Profitability
Sea Limited: Swapping Unsustainable Growth For Profitabilityfotokostic/iStock via Getty ImagesGrowth At All Cost Is No Longer A Viable Investment ThesisFor FY2022, $Sea Ltd(SE)$ (NYSE:SE) unprofitable, with -13.3% in net income margins and-$2.96 in EPS. However, it was apparent that themanagement had been determined to achieve profitability, due to the drastic improvement during FQ4'22.The company has competently cut out -$0.71B of fats from its operating expenses QoQ by the latest quarter, comprising -$542M in SG&A expenses and -$176M in R&D expenses. This suggests a massive reduction by -39.6% and -41.9% QoQ, respectively. Otherwise, by -45.1%/ -$678M and -14.6%/ -$42M YoY, respectively.Combined with the massive improvements in its COGS an
Sea Limited: Swapping Unsustainable Growth For Profitability
According to Korean sources, posted by SamMobile today, Samsung semiconductor division expects 50% drop in 2023 profits.Start of quoteSamsung’s Device Solutions (DS) division, which operates Samsung Foundry, System LSI, and Memory Division, is expecting its operating profit in 2023 to be around KRW 13.1 trillion, reports South Korean publication The Elec. Reportedly, the figure was shared by the company in a note sent to its employees on Wednesday. If the prediction turns out to be true, Samsung’s annual operating profit from the semiconductor business in 2023 will be half of what analysts predict it to be in this year, which is around KRW 26 trillion. The significant drop in the operating profit will be a direct result of the ongoing down cycle in the chip industry.End of quoteStaying pro
At present, China is suffering from typical deflation, credit contraction in the whole society, income decline, and extreme pessimism about the future. JD Taobao doesn't work, and Pinduoduo and Tiktok Group Buying are rising because they are cheap. Houses, cars and mobile phones can't be sold, so real estate stocks, Tesla and Xiaomi Apple, Intel and TSMC are all plummeting. The bull market allows story telling and pie drawing, while the bear market will definitely look at the performance until the stock price matches the performance.$Pinduoduo Inc.(PDD)$
$Carvana Co.(CVNA)$
Deutsche Bank AG to 21 Euro
Deutsche Bank AG to 21 EuroLONGMar 21:Despite the chaos with Credit Suisse European banks in General are printing some excellent setups. What is the reason for this? No idea.On the above 2-month chart:1) A strong buy signal (not shown) prints with price action breakout from resistance that has been active since 2007.2) Regularbullish divergence. No less than eight oscillators this time. Four to five oscillators printing on this time frame is incredibly powerful but eight?!3)Inverse head and shoulderspattern. Confirmation is price action closing above 10.50 and staying there or above for a week or two. On confirmation a target of 21euroshould be expected.4) The yellow line is the 21/2-monthEMA. Notice the first attempt to hold as support has failed? (Orangearrow). This was the first at
Deutsche Bank AG to 21 Euro
This is in response to Crazy Horse post below about being careful with Chinese stocks regarding delisting on the US Exchange. I agree with crazy horse on 99% of chinese stocks, however, this one is very different. They have a ton of cash, have government approval to build a plant, are maintaining the emission requirements, and they have a very competent management team. I hope my intuitions are good. If anything, since earnings the stock is up almost 40%. Once the covid lock up eases in China this will fly. I'm not sure how they sell or distribute their product but if they currently deliver to people being locked up, sales might be good assuming they are selling to the middle class.$RLX Technology(RLX)$
The selling today smells of Altimeter. They know what the results are, to be reported on the 16th. And certainly need to raise a little cash, with the losses in Snowflake, msft, cflt, uber, and meta piling up. At least meta is helping a little today. I will never understand why he got out of Uber at a loss, and then went back in to lose more.But with the Grab spac fees, he will never have to eat cat food, I'm guessing.$Grab Holdings(GRAB)$
INTC layoffs should be viewed positive to cost structures although regretful to those on receiving end. Believe mkt sceptic it signals loss of tech edge, demand and share at datacenter/enterprise level. High end enterprise is critical to profitability. Margins thin at client/PC level. CEO righting the ship but many holes left to plug.$Intel(INTC)$
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