Do you remember Dot Com melting up like this? I thought you bought some, the AI craze. Did you add CRDO?
Stoney your Reddit call was awesome! You never answered what APP does. I have a few shares from $38-$41.00.
Be careful here I uncovered some dirt. 2000 X leverage being used. Over the past year, Nebius Group N.V. (NBIS) has shown remarkable strength, with a robust year-to-date performance of 80.20%. This is mirrored in the company's last 1-year, 3-year, and 5-year returns, each reflecting the same exceptional growth rate of 80.20%. Such consistent performance is noteworthy when compared to market giants. The Dow Jones Index saw a modest increase of 24.25%, while both the NASDAQ and the S&P 500 reported gains of 32.57% over the same period. Clearly, NBIS is outpacing these major indices by a significant margin. The current price of NBIS stands at $25.75, supported by a volatility rate of 1.04, indicating that there is still room for market movement and potential for growth. This historical resilience and strong upward trajectory suggest genuine potential for NBIS to continue climbing, with the aim of reaching the ambitious target price of $86 by 2025. Further buoying optimism is the innovative leverage trading offered by CoinUnited.io, which provides seasoned traders with opportunities to capitalize on NBIS's momentum using up to 2000x leverage. This could amplify potential returns and bring the $86 target within reach for investors willing to navigate inherent market risks. In essence, with its consistent outperformance and strategic opportunities like those from CoinUnited.io, NBIS seems well-positioned to achieve its forecast and continue its impressive trend line towards 2025./// This is very fishy. Citron should be ashamed of themselves they are throwing around that same price target....
It's over. TECHNOLOGY Nvidia-backed SoundHound Notches 61% Weekly Gain. Why Stock's Massive Rally Also Poses Risks. Licensing 04:06 PM ET 12/06/2024 SoundHound stock headed for a massive weekly gain as the shares surged again on Friday. But the strong rally left the AI stock extended even further, about 140% above its buy point, according to IBD MarketSurge. Shares of the Nvidia(NVDA)-backed voice AI operation soared again after the company announced a deal with Torchy's Tacos — the maker of "damn good tacos" — to use its technology at all 130 of the restaurant's locations. ↑ Santa Clara, Calif.-based SoundHound AI(SOUN) went public in 2022. The company provides AI voice tech to devices, business kiosks and call centers. It's also gaining traction in the restaurant industry, where SoundHound has signed deals with Chipotle, Jersey Mike's, White Castle, Panda Express and Church's Texas Chicken. Now, Torchy's Tacos is joining the trend. Torchy's describes itself as a "cult-favorite taco chain." It makes items like the "trailer park taco" and the "green chile queso." And "Torchy's Tushy Pie" "At Torchy's Tacos, we want our guests to have the best experience every time they engage with the brand," Thai Tran said in a written statement. Tran is Torchy's chief technology officer. "Partnering with SoundHound and using their Smart Ordering system, we are able to give guests another way to easily order our food."<------ LOL SoundHound, which had been a sleepy stock trading below 10, suddenly leaped into the Wall Street spotlight after AI giant Nvidia disclosed that its has taken an investment stake in the company. SoundHound's shares are about 136% above of their 50-day moving average and roughly 182% north of their 200-day line,MarketSurgechart analysis shows. With the stock so extended in such a short period of time, it would be prudent for investors to take partial profits at the current level. Investors generally want to start looking into taking profit when a stock becomesextended 70% to 100% above its 200-day line. Traders can also use a downside reversal off highs as another level to trim, followed by an undercut of the prior day's lows. Shareholders can then use the10-dayand21-daymoving averages as other areas to lock in gains. But buying a stock that's wildly extended is very risky. Savvy investors should wait for the stock to settle down and form a new buyable area. With the stock more than 100% above a buy point in just five weeks, investors should keep an eye out for ahigh-tight flag. That's a rare, bullish pattern that leading stocks tend to develop in strong markets. SoundHound stock has a perfect IBD DigitalRelative Strength Ratingof 99. This means shares rank in the leading 1% of all stocks when it comes to 12-month performance. SoundHound shares beat out their previous record-high closing price on Friday, ending the regular session at 15.01. In a few words: Thank You stoney for bringing this to our viewers not only at $7 but then again just recently at $7. Never forget.