fizzik
fizzik
Committed to building wealth through strategic and informed U.S. stock investments
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avatarfizzik
2024-04-25
JD $JD.com(JD)$ is completing a beautiful reverse head and shoulder pattern. The reverse head and shoulders pattern can indeed indicate a potential trend reversal, suggesting a bottoming out of the stock's price.$35 price target, a 22% upside.I'll be trying to get some entry this week at $26-$28 range.
avatarfizzik
2023-09-15

Is XPEV making a move higher ? LONG

Chinese EV already have early lead, and will be boosted by killing off Europe competitors and will still be able to compete against higher cost Europe market. Xpev, leader in auto software, will get more partnership opportunities and benefit from this. At the end, Freetrade countries eventually drops barriers and found more setbacks. I don't see this as negative news for Xpev, but more potential good news for this stock.The victors will have superior products and once the stigma of made in china is gone just like made in Japan in the 60's/70's, they will conquer global markets.Chinese EV companies are seriously undervalued right now. The issue is there are lots of them and competition in the market is FIERCE. I've lost 70% on XPEV but their new G6 is a beast and serious value for money.
Is XPEV making a move higher ? LONG
avatarfizzik
2023-09-18

TSM: Good Investment or not?

Recently noticed that TSM has been downtrodden, however it still seems undervalued to me at a glance sitting at a P/E of 15. IIRC TSM is building a facility in USA and its not been going too smooth. Its been delayed, and the TSM executives aren't too happy with "American work culture" compared to the taiwanese one. Basically they are saying Americans are lazy compared to Taiwanese so they are trying to get more Taiwanese people to be approved for US visa by asking Biden so they can replace the American workers that are building the plant which the unions have been really pissed about. I think they are also trying to get Taiwanese engineers in the plant after its built instead of American ones as well because of the same reasons. I remember reading one of the key persons in TSM saying somet
TSM: Good Investment or not?
avatarfizzik
2023-09-14

Coinbase Gearing Up for its next Move

Hi guys! This is an Update on recent Technical developments found for Coinbase (COIN).I've successfully identified the Inverse Head & Shoulders Pattern. Check out that idea down below.We have completed the Return Rally back to test Support on the Neckline. Now ive been assessing if there are signs that we continue the Inverse Head and Shoulders with our final explosive breakout move.This analysis is done on the 1 day timeframe.As you can see we have tested and CONFIRMED Support on the Neckline.After doing so we have inched higher.Notice now, we are ABOVE the 21 EMA.With the last 3 days of candles, forming LOWER WICKS off the 21 EMA.This is a great sign of SUPPORT.We must continue to stay ABOVE the 21 EMA.Being Above the 21 EMA on any timeframe indicates that we will most likely have an
Coinbase Gearing Up for its next Move
avatarfizzik
2023-03-20

Palantir Technologies Stock: Better Avoid It

Firstly, there probably wasn’t a good moment to buy those stocks. They were likely never a good buy, probability wise. You can’t use survivorship bias and say “shoulda bought that stock” any more than saying you should have played those powerball numbers after the draw.Second, my point is simply you can’t look at growth alone either. Both earnings and growth should be considered.Holding only to value metrics also means that there was never good moment to invest in Tesla, Amazon or Netflix.
Palantir Technologies Stock: Better Avoid It
avatarfizzik
2024-04-09
For Microsoft $Microsoft(MSFT)$ , we've recently observed an uptick and, for visualisation, activated the 100% level on the two-day chart as a maximum target. A closer look on the two-hour chart suggests that we might be in the final wave, Wave 5. Since developing Waves ((iii)) and ((iv)), we've formed four more waves and are now approaching a new all-time high. We consider a maximum of $450 to be realistic, though further increases are possible. After such a substantial rise, we expect the target range to be between 38.6% and 54%, around $450. This area could be intriguing to monitor for a potential trend reversal. If such a reversal occurs around $450, we would look out for possible short positions. However, should we s
avatarfizzik
2023-09-19

Been playing with 30DTE MSFT Options, and I'm cautiously LONG

Background- Been playing with 30DTE MSFT Options for the last 3 months, and I'm cautiously LONG since buyers always seem to buy at Bollinger Bands ranges rather than let it drop below those ranges, regardless of Earnings, News Cycles, or Open Trading Windows.Growth Fundamentals1. MSFT is a major holder in OpenAI pre-public stock2. OpenAI: Will continue to benefit from first mover advantage at scale + API adoption (now part of many workflows)3. Azure: Continues to benefit from cloud infrastructure adoption4. Office: Continues to benefit from increased knowledge worker population🧠 IMHO this combination is what will help us get to annotation #3. (Consumer hardware and gaming business is probably not going to make a significant difference any time soon.)Technical Analysis1. Weekly chart shows
Been playing with 30DTE MSFT Options, and I'm cautiously LONG
avatarfizzik
2023-03-24

Micron: The Time To Buy Is Now

The reason I am so bullish is actually a very simple thesis. The demand for memory is going up exponentially with all high performance computing applications/ AI/ Meta/ the need for memory is not going anywhere. And there is only one domestic player. If there comes any policy that encourages all domestic tech companies to buy memory from micron then …:) I can see that happening with policies for domestic chips factories being made here. Again all these are uncertain and market will not price that in now. But, obviously this isn’t a boring company that’s dying out.$Micron Technology(MU)$ $C3.ai, Inc.(AI)${{5997c4061e71428a877f1734bc5f5095}}
Micron: The Time To Buy Is Now
avatarfizzik
2023-04-03
After seeing Coinbase show that their deposits were actually up for the quarter I think it’s becoming safer to say that the 180 million provision for future bond sales SI set up last quarter will be an overstated provision. That they didn’t need to sell as many bonds this quarter than they thought. And thus their future related write down was too much. I’m actually expecting a better earnings over the past 30 days. So in my opinion this one is worth holding through the earnings release and stacking up hard before it. $Silvergate Capital(SI)$
avatarfizzik
2023-04-04

What is the next resistance level?

Not yet the dumb money has to actually believe we are in a new bull market. Plus you have to have the bears capitulate and positioning and sentiment have to go extremely bullish. Then I would load up on puts. Right now people are still short. Dumb hedge funds got caught on the wrong side by being short. Now the bulls trying to get back what they lost last year. Once the shorts capitulate I would probably wait for that setup. It’s all about positioning and sentiment really. I’d look at the COT reports which contains valuable data to know which is a better risk reward. This stock however can only appreciate more if they fire the CEO and get someone competent. Good luck to all.
What is the next resistance level?

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