RingCentral (RNG) shares soared on Feb. 20 after the communication technology company posted a surprise profit for its fiscal Q4, marking a significant turnaround from $7.19 million loss a year ago. Investors cheered RNG also because the Supreme Court struck down President Donald Trump’s tariffs, positioning the NYSE-listed firm to grow margins as it relies heavily on a global supply chain and international clients. More News from Barchart Versus its year-to-date low, RingCentral stock is now up nearly ...

The MicroStrategy stock started the post-President’s Day session on a weak note. MSTR closed nearly 4% lower compared to its Feb. 13 (last Friday's) close, reflecting renewed selling pressure despite positive corporate news. This decline comes even after Strategy, previously MicroStrategy, added more Bitcoin, lowering its average purchase cost. However, charts now show that this latest BTC average drop didn't mean much for the immediate fate of the MSTR. A much larger downside risk is forming beneath the ...

Core Viewpoint - Crocs (CROX) shares surged over 20% following a strong Q4 earnings report and optimistic guidance for the full year, indicating robust market performance and potential for future growth [1]. Financial Performance - Crocs reported Q4 revenue of $958 million and adjusted earnings of $2.29 per share, surpassing market expectations [3]. - The company's international growth was 11.9% in Q4, compensating for a 7.4% decline in North American sales [3]. Growth Potential - The brand's expansion in international markets, where penetration is still below mature market levels, suggests significant future growth opportunities [4]. - Management's cost reduction initiatives aim to achieve $100 million in efficiency, projecting earnings per share (EPS) to exceed $13, well above the $11.89 consensus [6]. Shareholder Returns - In Q4, Crocs repurchased $180 million of its stock, reflecting confidence in the company's future performance [5]. - With $750 million remaining in stock buyback authorization, Crocs has the flexibility for future capital returns [5]. Debt Management - The company reduced its debt by $128 million last year, alleviating a burden that has affected its share price [6]. Seasonal Trends - Historically, Crocs shares have gained over 4% in March, indicating a favorable seasonal trend for investors [6].

Core Insights - Tron founder Justin Sun has emphasized the company's strategy of accumulating TRX as a core treasury asset, showcasing resilience in the ongoing crypto market downturn [1] - Tron aims to expand its digital asset treasury (DAT) to enhance long-term shareholder value [2] TRX Market Performance - TRX has outperformed much of the crypto market, with a year-to-date decline of only 1.3%, while Bitcoin has fallen by 19% [3] - Despite a 25% drop in the total crypto market cap in January, Tron's market value only decreased by 4% [3] Network Activity - Tron recorded over 100 million monthly active addresses in January, with the stablecoin market cap on the network reaching $84.5 billion [4] - Transaction activity surged to 342 million during the same period [4] Technical Analysis - TRX is currently trading below the 20-day Bollinger Bands midline, indicating ongoing selling pressure, though not extreme [5] - The Relative Strength Index (RSI) is around 34, suggesting bearish momentum but potential for a short-term bounce if selling pressure eases [5] Analyst Opinions - Analyst SilverBullet has indicated that TRX may be overvalued and could experience a significant drop, with key support around $0.27 [6] - If TRX can reclaim the Bollinger midline and surpass the $0.30 resistance level, a short-term rally to $0.32 could occur [7]

Core Viewpoint - Shopify Inc (NASDAQ:SHOP) stock experienced a pullback in January, reaching a nearly six-month low, but has recently shown signs of a potential short-term rebound with shares up 1.8% to $133.59 [1] Group 1: Stock Performance and Indicators - The stock is currently within 0.75 of its 260-day moving average, with shares remaining above this level 80% of the time over the past two weeks and 80% of the last 42 trading sessions [2] - Historical data indicates that similar conditions have led to a 100% success rate of the stock being higher one month later, with an average gain of 12.1%, suggesting a potential target price of $149.75 [2] - The 14-day relative strength index (RSI) for Shopify is at 16.4, indicating it is in "oversold" territory, which often precedes a short-term bounce [4]

Apple (AAPL) will release its first-quarter fiscal 2026 financial results on Thursday, Jan. 29. Shares of the iPhone maker have retreated from recent highs heading into the earnings report, largely reflecting investor unease about profitability. Apple’s underlying business momentum appears strong. Management has guided for a record quarter, supported by robust performance across both hardware and services. iPhone sales are expected to be a key driver, with revenue projected to remain solid. The primary ov ...

Core Viewpoint - Mosaic Co (NYSE:MOS) has seen an 18% increase in stock price since the beginning of the year, but may face a short-term pullback due to a historically bearish trendline [1] Group 1: Stock Performance and Trends - The stock is currently within 0.75 of the 126-day moving average's 20-day average true range (ATR), having remained below this level 80% of the time over the past two weeks and 80% of the last 42 trading sessions [2] - Historical data shows that similar signals have occurred 17 times in the past decade, with the stock declining one month later 76% of the time, averaging a 5.7% loss [2] - A potential decline from the current price of $28.47 could bring the stock down to approximately $26.84 [2] Group 2: Technical Indicators - The 14-day Relative Strength Index (RSI) for Mosaic stock is at 75.1, indicating it is in "overbought" territory [4] - Options for the stock appear affordable, with a Schaeffer's Volatility Index (SVI) of 39% ranking in the 23rd percentile of its annual range [4] - The Schaeffer's Volatility Scorecard (SVS) for MOS is high at 91 out of 100, suggesting that the stock has exceeded option traders' volatility expectations over the past year [4]

Group 1: Bitcoin Market Analysis - Bitcoin has recently formed a "golden cross," a bullish signal indicating that the shorter-term moving average has crossed above the longer-term moving average, suggesting potential price momentum [3][5] - Despite the bullish signal from the golden cross, Bitcoin is currently down approximately 1.3% and trading below $95,000, having tested an intraday high near $97,200 [5] - Historical data shows that previous golden crosses have led to significant price rallies, including a 148% increase in September 2023 and a 64% increase in September 2024 [4] Group 2: Market Context - The overall cryptocurrency market has seen losses, with over 95% of the top 100 cryptocurrencies by market cap declining in the past 24 hours, leading to a total market cap of $3.23 trillion [1] - Traditional markets have shown resilience, with the S&P 500 closing higher due to strong earnings from major companies like Goldman Sachs and Morgan Stanley, and the Russell 2000 reaching an all-time high [2] Group 3: Technical Indicators - The Average Directional Index (ADX) for Bitcoin is at 33.5, indicating confirmed trend momentum, as readings above 25 suggest real momentum rather than noise [6] - Bitcoin's Relative Strength Index (RSI) is at 63, placing it in bullish territory without indicating overbought conditions, suggesting there is still room for further price movement before potential profit-taking occurs [7]

Market Overview - The crypto market is experiencing a positive sentiment with Bitcoin (BTC) reaching $93,350, its highest level since December 11, before retracting some gains [1] - The significant price movement occurred at midnight UTC coinciding with the opening of Bitcoin futures trading on the CME exchange, creating a price gap between $90,500 and $91,550, which is expected to be filled in the coming days [1] Trading Focus - Traders are primarily concentrating on Bitcoin, which has increased by 1.33% since midnight, while altcoins such as CoinDesk Meme (CDMEME) and Metaverse (MTVS) indexes have declined by 6.4% and 2.3% respectively [2] - The rise in equities and precious metals indicates a risk-on sentiment following recent U.S. actions in Venezuela [2] Derivatives Positioning - In the last 24 hours, exchanges have liquidated leveraged crypto futures bets worth $260 million, predominantly from short positions, indicating a bearish leverage that was caught off guard by the price increase [5] - Open interest (OI) in Bitcoin (BTC), Bitcoin Cash (BCH), XRP, and BNB has risen between 2% to 5%, while OI for ETH, SOL, DOGE, and ZEC has remained flat to negative, suggesting improved risk appetite for select coins [5] - BTC's annualized perpetual funding rates have exceeded 10%, reflecting growing demand for bullish exposure, while rates for several altcoins remain below zero [5] Token Performance - Despite the focus on Bitcoin, some tokens have outperformed the broader market, including LIT, which has risen by 3.9%, and FET, which has increased by 7.4% since midnight [5] - However, some tokens like Zcash (ZEC) have declined by 2.5%, and memecoins such as DOGE and PEPE have lost 1.4% and 4.5% respectively, indicating a fractured performance across the altcoin market [5] - The average crypto relative strength index (RSI) is at 58/100, entering "overbought" territory, suggesting a potential short-term price drop as profit-taking may occur [5]

Core Insights - MYX Finance experienced a significant price surge of nearly 87% within 24 hours, driven by anticipation surrounding the upcoming MYX Finance V2 upgrade [1][8] - The rally appears to be supported by genuine demand, as indicated by the On-Balance Volume (OBV) which showed a sharp increase alongside the price, reflecting sustained accumulation prior to the breakout [2][4] Price Movement - The price of MYX reached approximately $6.12, briefly surpassing the $7.00 mark, a level not seen in about three months, indicating renewed market interest [8] - The breakout from an ascending channel pattern that had persisted for over two months suggests a significant shift in market dynamics for MYX [8] Market Sentiment and Indicators - The alignment between MYX price and OBV signals a healthier rally, with capital inflows supporting the price movement rather than leading to abrupt reversals [3] - Despite the Relative Strength Index (RSI) indicating overbought conditions (above 70.0), historical data shows that MYX has previously sustained strong rallies even while overbought, suggesting that current momentum may continue [5][6][7] Volume and Engagement - Sustained volume expansion indicates a lower likelihood of immediate exhaustion, with buyers showing willingness to transact at higher price levels, reinforcing confidence in MYX Finance's growth narrative [4] - The gradual buildup of demand reflects increasing conviction among buyers, which is crucial for the continuation of the rally [2]