ClearValue Team Insights
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Bitcoin Holds Above $58.4K Support
Yesterday there was some FUD surrounding the U.S. government moving $2 billion worth of Bitcoin for Mt. Gox repayments. However, Bitcoin’s $58.4K support level has continued to hold. There has been a lot of neutral price action near this support level, and I would continue to monitor the $58.4k support level to see if it […]Read More
Tesla vs. BYD: July 2024 EV Sales Revenue in China
Key Observations: Market Positioning: Conclusion: BYD’s ability to generate 33% more revenue than Tesla in July 2024 highlights the effectiveness of its diversified model strategy in the competitive Chinese EV market. Tesla, with its more focused approach, still demonstrates strong brand power and market influence but may need to consider expanding its model range or […]Read More
BABA Earnings Results: the Positives & Negatives
Positive Aspects: Negative Aspects: Key Points: While BABA shows strong potential in specific growth areas like AI and international commerce, it faces significant challenges in maintaining profitability and cash flow. Strategic adjustments and a focus on operational efficiency will be crucial in addressing these issues. Follow me on social media: https://linktr.ee/realchartchamp
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