RIckAshby

RIckAshby

In my previous post yesterday I mentioned the multi year lower support line, the chart on that post was on a much shorter timeframe and didn’t show the support level that I talked about so I thought I’d publish this weekly chart to illustrate what I was talking about. I also forgot to mention the large increase in the volume of shares traded over the last couple...

RIckAshby

Looking at the chart from a technical perspective, price is currently indicating opening up @ $6.17 this is a further gain of 5.82% from last Fridays close, when the price rose 5.8%. If this holds then we are looking at a breakout from previous resistance marked by the upper blue line. The lower blue line marks multi year lows which are beyond the timeline of...

RIckAshby

Applied digital has been on a tear for the past few weeks fuelled by the news that Nvidia has bought a stake in the company and the deal with wall streets latest darling Coreveave. Digging a little deeper, looking at the options chain there are a huge number of calls all the way up to $20. The short interest is quoted at 36.2% on market beat, as the price rises...

RIckAshby

Looking at the 30 candle chart this looks like a good point to get back in. I’m looking at 6-12 time frame, expecting volatility

RIckAshby

Following their results, Rivian’s share price gapped up to over $16.00. Many of the smaller cap tech stocks took a beating today, many I watch, and some I’m in were down more than 10%. Rivian was no exception down 7% Anyway the revival looks to be on track, nice looking Channel developing, still holding on for the long haul.

RIckAshby

2024 was a bad year for Symbotic. The company were involved in some kind of accounting scandal, I don’t know the full facts but it sounds more like someone cocked up with the numbers rather than something more sinister. As a result of this they are now being sued by investors which doesn’t help, something I am seeing more and more of on the news wires...

RIckAshby

ViaSat, are a satellite communications company with contracts with US government agencies amongst others. Price has bounced back off recent lows and is now attempting a fourth attempt to break out of its channel. Price action was good today, not really retreating from the breakout point. I expect ViaSat to continue moving up and eventually close the gap at the...

RIckAshby

Excellent posts by Topgoptions & Mikecher. I’m in this company too, first target is 4hr 50 SMA, currently sitting at $39 I think ( yellow line ) New kids on the block, expecting much more news and analysts coverage, this could well drive the price up considerably and quickly. I’m in, bases loaded.

RIckAshby

Wolfspeed had a bad year in 2024, not sure what % price went down but I’m glad I wasn’t in it then. Problems building their new factory and loosing lots of money. Looks to have turned a corner to me, closed up strongly @ $7.17, premaket is indicating a further rise up, opening price of $7.50, Charts look positive for a further rise

RIckAshby

Outlook Therapeutics are a bio drug company specialising in treating a progressive eyesight problem that affects millions of elderly people worldwide. The disease is called wet macular degeneration. Outlook have been given approval in Europe and the uk for their new treatment and plan to sell the treatment in these markets in the first half of 2025. Outlook’s...

RIckAshby

LAZR are the leading manufacturers of advanced LIDAR systems in the USA. According to Reuters a recent government think tank report has concluded that Chinese made equipment poses a threat to US national security (no surprise there, yet more anti china rhetoric). This may however prove to be a good thing for Luminar as China is a major supplier of equipment in...

RIckAshby

Floated at $10.00 back in July 2021, share price did nothing for almost 3years. This March it took off and hit $18.00 then tanked to $5.30. The share price the took off again rising 27% last Friday after constellation Energy’s announcement that they were restarting 3 mile Island nuclear power plant and sell the energy to Microsoft. Oklo has hit the first...

RIckAshby

Cognex provides machine vision products that help automate manufacturing processes in Industries like automotive, semiconductors, & automated e-commerce shipping. More on this in an excellent post on Fool.com, 5th. September. Their chief financial officer brought 6,750 shares @ 38.04 on 4th September. Price is now at multi year support level, short term price...

RIckAshby

Yea ! I think That I have discovered a new chart pattern. So this cat pattern that’s just formed must be bullish right? To me the cat looks poised to leap up, coiled like a spring. A traders had success with animal themed formations ? Anyway think SNAP chart looks good for more upside, Is it a cat or some rare breed of terrier ?

RIckAshby

I think this chart speaks for itself. The platform is telling me, my analysis is too short to print so I have to think of something else to say. Best I can do is say Onvo.

RIckAshby

Just bought an initial holding here. I Like this one, satalite coms……. Check it out on the newswires The company are initiating a large buyback of their shares. Apologies for brief review……. So little time, so much to do

RIckAshby

Price is at near all time lows with clear support down here. They have just launched their new AR glasses, not a game changer but may be a catalyst to get people interested in the stock. Look a relative low risk trade down here

RIckAshby

Having posted a review on Polestar recently the price has increased so l thought I’d share some numbers to put this in context. Company. Market cap $ billion. Revenue $ billion Rivian. 13.30 4.43 Lucid. 8.74. ...