🚀 Today's Big Ideas: AMD, Hilton, Bitcoin
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TODAY'S BIG IDEAS
ADVANCED MICRO DEVICES poised to seasonally rally by +17.7% during the next 90 days
HILTON WORLDWIDE HOLDINGS IN sets up for +20.2% rally in 3 months
Bitcoin sets up for +24% rally in 2 months
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(1) Score 8.7 (out of 10): ADVANCED MICRO DEVICES poised to seasonally rally by +17.7% during the next 90 days
What’s Going On Here?
AMD submitted a package of remedies to China’s merger regulator for its proposed $35bn all- stock deal with Xilinx. This deal is one of the longest pending transactions in the US which is still awaiting China’s approval. It has already won approvals in the US, EU, UK, among others.
Why Now?
ADVANCED MICRO DEVICES indicates an interesting 90 days seasonal set up. During similar occasions, ADVANCED MICRO DEVICES shares had a median return of +17.7% – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for ADVANCED MICRO DEVICES received a high score of 8.7 (out of 10). This insight was generated with last price of 138.1.
What’s This Company About?
ADVANCED MICRO DEVICES is in the Electronic Compo-Semicon business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 0.5% more (average). Ticker symbol: AMD US.
What’s My Risk / Reward and Time Horizon?
We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 162.57 (+17.7%) has been reached. Based on ADVANCED MICRO DEVICES’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 120.3 (last price at 138.1), which is equivalent to a -12.9% decline.
(2) Score 7.7 (out of 10): HILTON WORLDWIDE HOLDINGS IN sets up for +20.2% rally in 3 months
What’s Going On Here?
The British government has removed all countries from its ‘Covid travel red list’ – benefiting all travel related stocks. HILTON WORLDWIDE continues to expand, planning to open 75 hotels in Saudi Arabia within the next 5 years.
Why Now?
HILTON WORLDWIDE HOLDINGS IN has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, HILTON WORLDWIDE HOLDINGS IN shares had a median return of +20.2%, over the following 3 months – based on 10 historical occasions with 9 of those showing positive returns (90%). This buy signal for HILTON WORLDWIDE HOLDINGS IN received a high score of 7.7 (out of 10). This insight was generated on 2021-December-14 with last price of 142.41.
What’s This Company About?
HILTON WORLDWIDE HOLDINGS IN is in the Hotels&Motels business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 4.8% more (average). Ticker symbol: HLT US.
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 171.17 (+20.2%) has been reached. Based on HILTON WORLDWIDE HOLDINGS IN’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 130.51 (last price at 142.41), which is equivalent to a -8.4% decline.
(3) Score 7 (out of 10): Bitcoin sets up for +24% rally in 2 months
What’s Going On Here?
Bitcoin’s recent 68,991 top (Nov 10) coincided with the coin’s Taproot upgrade (Nov 12) – it’s first major upgrade since 2017. Taproot will introduce Schnoor signatures, which will help Bitcoin transactions become more private, efficient and less expensive. Recently, Bitcoin suffered a set back due to the US central bank’s (The Fed) hawkish commentary and their call for more rate hikes in 2022.
Why Now?
Bitcoin has triggered a new technical analysis ‘rally reversal’ signal. During similar occasions, Bitcoin shares had a median return of +24%, over the following 2 months – based on 10 historical occasions with 6 of those showing positive returns (60%). This buy signal for Bitcoin received a high score of 7 (out of 10). This insight was generated on 2021-December-16 with last price of 48,787.
What’s This Company About?
Bitcoin is in the crypto business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. Ticker symbol: XBT.
What’s My Risk / Reward and Time Horizon?
We found 2 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 60,500 (+24%) has been reached. Based on Bitcoin’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 41,222 (last price at 48,787), which is equivalent to a -15.5% decline.
For more investment insights, please visit us at www.LongShortBets.com