Applied Optoelectronics (AAOI) Entry: Unlock Price target: 20.00-21.00 Second PT: Unlock Analysis done on hourly timeframe. Applied Optoelectronics is a small company that has positioned itself in the hottest industries of the current times. The electronic technology and semiconductor company is involved in the design and manufacturing of optical communications products, basically allowing systems to communicate and improve efficiency. The company’s most credible backing came from Microsoft, who inked a deal with them to create advanced lasers for Microsoft’s data centers. This involvement with data centers is perhaps the company’s biggest highlight right now. Demand for biggest and better data centers is soaring, which will ultimately help AAOI in their business. Despite all the positive aspects of the company, we...
Crude Oil ETF (UCO) Entry: Unlock Price target: 31.00-32.00 Second PT: TBD Analysis done on hourly timeframe. The ever-volatile energy sector has been beaten down this year as America’s elections approach. Elections are often a time when the presidential administration seeks to keep gasoline prices low to win over the public vote. Simultaneously, the past 12 months have been marked by rising global tensions, especially in regions where oil is heavily extracted. This usually leads to higher oil prices, but the influence of the election has kept prices at bay. However, as tensions rise and demand begins to increase, oil prices are likely to surge again. The UCO ETF is a solid way to gain exposure to this potential increase,...
Ericsson (ERIC) Entry: Unlock Price target: 9.50-9.70 Second PT: Unlock Analysis done on hourly timeframe. Ericsson is a telecommunications company that provides technology and equipment to mobile and network operators. The Swedish based business recently made headlines following their earnings and newly landed 5G contract in Taiwan. Stocks such as Ericsson suffered severely in recent years as demand in the space slumped, but the biggest highlight of their recent earnings call was demand recovery. Ericsson has posted six straight quarters of negative revenue growth, but this quarter was nearly at breakeven compared to the same period last year, reinforcing their demand recovery outlook. Net income has also moved back in the right direction in the first three quarters of 2024,...
Carnival Corporation (CCL) Entry: Unlock Price target: 22.00-22.50 Second PT: 25.00-25.50 Analysis done on hourly timeframe. The travel bug has taken hold in the U.S. post-pandemic, and companies like Carnival are thriving as a result. In its latest earnings report, Carnival posted record-breaking revenue, driven by strong bookings and high demand. While the company slightly lowered its Q4 projections, it raised its outlook for 2025, anticipating another record-breaking year to surpass 2024’s performance. This is especially notable, as Carnival has achieved double-digit quarterly growth throughout 2024—a testament to its robust recovery and strategic positioning in the market. In 2023, Carnival reported full-year revenue of $21.6 billion, and this year’s revenue is projected to exceed that, reflecting the company's resilience and...
American Superconductor Corporation (AMSC) Entry: Unlock Price target: 28.00-30.00 Second PT: Unlock Analysis done on hourly timeframe. American Superconductor Corp. (AMSC) delivers megawatt-scale power solutions focused on improving power grid performance and lowering the costs associated with wind energy. The company has earned a place on our watchlist this week due to the growing debate on how artificial intelligence will be powered in the coming years. Recently, news broke that the Three Mile Island nuclear plant will be reopening to supply power for Microsoft’s data centers. This marked a groundbreaking moment, as it was the first time nuclear energy was proposed to power AI—a highly energy-intensive technology that will require diverse and substantial power sources. AMSC is positioning itself to...
