Alibaba beats and even stronger movers💪

Check out the stocks surprising the market this morning                                                                                                                                                                                                                                                                                                                                                                                                                 August 10, 2023 *Together with Loop Media (LPTV) Good day, 360 – Here are our top investing ideas today – these setups look primed! Be the best prepared trader on the Street! APP - Up 24% in pre-market after earnings beat and increased guidance EDBL - Up 37% on earnings beat, record revenue growth BABA - Up 3% on earnings beat, 14% revenue growth *A message on behalf of Lifewater Media While we’ll be the first to say that solid companies with great earnings should be the backbone of any portfolio…we believe there’s a place for riskier, fun stocks that may go nowhere or may go to the moon. 🚀 One such company is our Hot Stock Idea🔥of the day: Loop Media, Inc. (LPTV) Companies such as Loop Media (LPTV) offer free entertainment for businesses in exchange for running ads. This is what you see on screens in restaurants, gas stations, gyms and airports. However, have you ever seen a Google TV in an airport lounge? Of course not. It isn’t a big enough playground for them or any of the other tech giants and frankly, it is tough to get that real estate. Enter LPTV — this is where they thrive. They are steadily building an advertising empire with a strong “moat” around this niche platform. And the results are starting to show. Just yesterday, LPTV [announced earnings]( that BEAT the Street’s estimates. For months now — even before a significant [company announcement]( — analysts have been hot on LPTV, including this [Strong Buy]( rating with the average price target is more than double LPTV’s current valuation. Although Loop Media (LPTV) may be a “recovery stock,” its business model is awesome and it seems uniquely positioned to capture an increasing share of that $58.67 billion advertising niche. As always, though, please do your own homework and see if LPTV fits your risk profile. A good place to start is the [company’s website](. *Sponsored by Lifewater Media. Please see disclosures below. APP - Up 24% in pre-market after earnings beat and increased guidance AppLovin Corporation (APP) engages in building a software-based platform for mobile app developers to enhance the marketing and monetization of their apps in the United States and internationally. APP reported earnings after the close yesterday. Q2 EPS came in at $0.22 vs $0.08 expected. Revenue was $750 million vs $723.97 million expectation APP also guided Q3 20023 revenue of $780-800 million vs the consensus of $741.41 million. The stock is gapping 24% higher on the earnings and better than expected guidance. The pre-market high of $36.84 would be the first target for bulls. Beyond that, $38, $40, $42 and $44 come into play. Below $36.84, there is potential support at $35.70, $35, $34, $32.70, $32 and a gap to fill at $29.41. EDBL - Up 37% on earnings beat, record revenue growth Edible Garden (EDBL) operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. EDBL reported earnings this morning of Q2 EPS of -$0.25 vs -$0.90 expected, and sales of $4.22 million the $3.66 million estimate. The reported revenue represents 41.4% year over year growth. The stock has traded up over 50% in pre-market on the news. The $1.70 area acted as resistance in the pre-market and now becomes potential support. Above it, the first target for bulls is the pre-market high of $1.91. Beyond that, $2, $2.40 and $3 come into play. Below $1.70, there is potential support at $1.64, $1.53, $1.50, $1.30 and then a gap to fill at $1.21. BABA - Up 3% on earnings beat, 14% revenue growth Alibaba Group Holding Limited (BABA) through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. BABA reported earnings this morning of Q1 Adj. EPS $2.40 vs $2.02 expected, Sales of $32.29 billion vs $31.20 billion estimate. Overall revenue grew 14% year over year and cloud revenue grew 4%. $97 was a support level in the pre-market and will be an important area to watch. Above it, targets to the upside are at $98, $99 and then the pre-market high at $99.94. Beyond that, $101, $102.50, and $105 come into play. Below $97, there is potential support at $96 and a gap fill to $94.84. Below that $94, $93, $92 and $90 come into play. [Economic Calendar]( To Your Success! *This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull *PAID ADVERTISEMENT. Raging Bull has been paid twenty five thousand dollars by Lifewater Media ([() who compensated by a third party not affiliated with the Company for advertising Loop Media Inc. from a period beginning on August 10 through August 11, 2023. The third party, Company, or their affiliates may own and likely wish to liquidate shares of the Company at or near the time you receive this advertisement, which has the potential to hurt share prices. This advertisement and other marketing efforts, including alerts, may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Loop Media Inc., increased trading volume, and possibly an increased share price of Loop Media Inc.’s securities, which may or may not be temporary and decrease once the marketing arrangement has ended. As a result of this advertisement and other marketing efforts, Raging Bull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of the issuance of this advertisement, the owners of Raging Bull do not hold a position in Loop Media Inc., though they reserve the right to buy or sell shares in the covered company at any time following the dissemination of this communication. FOR COMMERCIAL AND INFORMATIONAL PURPOSES ONLY; NOT INVESTMENT ADVICE. 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