Get started

Analysis

Alpha Group - What next post-earnings and CEO sucession plan?My take on Alpha Group: Alpha Group LSE:ALPH leads, in my view, as the UK's best FXRM firm, and institutional lending provider. What most lenders don't do is take a mixed approach - both expertise and technology when developing and implementing their services. From a macro perspective, Alpha Group provide stronger growth prospects than peers, as well as higher margins. They are continuously making large investments into their infrastructure, expanding their already strong platform. Analysts ests. momentum continues to be strong, due to the cheap valuation (despite the inflated NII). The acquisition of Cobase had provided an additional vector of growth for the company, and will continue to do so into the future. Presently, and historically, Alpha Group have always displayed a super solid balance sheet, indicating mgmt. are in control. Buybacks are continuous, with £20m now completed in this year alone, leaving them with a huge cash position, over £180m. And, as we all know by know, interest rates are dropping globally! Slowly, but surely, we will come down to a more modest cost of borrowing, and Alpha Group are a major beneficiary of this. 4th September 2024 - 1H24 results • Total income up 19% yoy to £107m. Revenues at £64m, a 16% yoy rise. 1H underlying EBITDA @ £25.3m (39.4% margin), surpassing PH’s estimate of £23.3m. • Additionally, an increase in net client additions and revenue per client. Corporate FXRM client base grew by 9% yoy, and institutional FX client numbers rose 11% yoy. • Cash up again! Now sitting on £180m at the end of the first half. Buyback on track, now with £20m completed. • As at 04/09, trading at approx. 6x ‘25e EV/EBITDA and an 8% FCF yield, still suggesting good valuation for buying. 10th September 2024 - CEO Transition & Succession - Alpha Group announced today that Morgan Tillbrook, CEO, has decided to step down from his duties at the company. - He will continue his role up until the end of the calendar year, where he will then be succeeded by Clive Khan. - Clive is currently Chairman at Alpha Group and is also the CEO of takepayments. takepayments was recently acquired by Global Payments NYSE:GPN , which I believe provides perfect timing for Clive to step down as CEO and step up for the role at Alpha Group. - With over 30 years in the FX and payments industry, there's no real better option than Clive, as his philosophy is almost identical to Morgan's. - He transformed takepayments from a failing bill payments business into one of the leading card acceptance businesses in the UK. As for Morgan, he too has a history of angel investing. - I anticipated a potential move for Morgan, as his long history of angel investing gave me a "heads up" to his absence. - At the open on the 10th, the markets felt disappointed and surprised, causing the stock to drop c.10% on the day. - However, Morgan made absolutely clear in his formal announcement that he will be leaving the business primed for further exponential growth and equipped with a robust business model. He emphasised that Alpha Group cannot be left in better hands than Clive, and I believe there is no reason to expect a rough transition in the step-up for him.
LSE:ALPHLong
by FytaLO
SPX Key $ Levels | 70%+ Accuracy!New price targets for Sep 24 using Statistics and Data to drive a 70%+ historical accuracy. Topics: - Today's Targets Overall we use stats and data pulled from a wide array of TradingView indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them. Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself. Please leave me feedback as I am new to creating content and would like to improve. Personally I use these targets in combination with ICT Concepts to trade. Nothing I say is Financial Advice - Previous performance does not guarantee future success.
CME_MINI:MESZ2024Short
by DIY_Trades
Buy USDJPY Bullish ChannelThe USD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 143.77, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 145.38 2nd Support – 146.08 Stop-Loss: To manage risk, place a stop-loss order below 143.00. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
11
Sell GBPCHF Channel BreakoutThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1304, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1220 2nd Support – 1.1188 Stop-Loss: To manage risk, place a stop-loss order above 1.1350. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
2
Sell EUR/AUD Bearish ChannelThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.6370, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.6300 2nd Support – 1.6260 Stop-Loss: To manage risk, place a stop-loss order above 1.6400. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
16
Ethereum Resistance Starts At $2800Ethereum flashed green on my indicator system on the 9th of September. I don't see much resistance until we move into that $2800 area. Our first resistance area will be that block of sell side pressure which coincides with the 350 DMA. Above that we have the top of our channel which coincides with an area of higher volume according to the VRVP. This is where I will begin watching closely for my indicator system to flash red. Of course, we could always break the top of our channel and continue up. The bulls will have shown a lot of strength to do so. I will try to keep you posted as Ethereum tends to lead much of our altcoin space.
COINBASE:ETHUSDLong
by stewdamus
It's Meme's Galore......But is PEPE different?DOGE, SHIB, FLOKI, BONK, DOGWIFHAT, and whatever else you can come up with, but it down and there might be a coin created with that name. The meme scene has exploded, with only a few pushing into the billion market arena (FLOKI and BONK is in there). PEPE has exploded to pushing to the #28 coin, boasting a market cap around $3.4 billion. Aside from it being a famous character from around 24 years ago and riding that wave, is there anything else going on for this coin. Well one noticeable thing I researched was how it came on the scene. There wasn't any money raising or push to get in the coin. It was just there and all of a sudden started popping up. PEPE also doesn't charge any taxes. Its roadmap is simple to understand. And it has been gaining a decent amount of traction (pushing into more and more brokerages). But on its website, it says that there is no utility in the token and that it is for entertainment purposes. But look what happened to DOGE. The DOGE founder stated that it's just a meme coin, yet the coin shot up to around 0.72 in 2021. Could PEPE do this, maybe. Looking at the charts (weekly), there is a descending channel showing which, if correct, could eventually release that kinetic energy to spring price up to its all time high, and maybe higher. But there is some conflicting signals, such as the possible ascending head and shoulders pattern, and price trading in a possible range/Darvus Box at 0.0000050-0.000009 (D1). If price does break out of D1, it still has to fight not completing the second shoulder of the H/S pattern. If it does climb higher, there is still the creation of either a double top or bottom, unless price is able to go parabolic in the next couple months. There is a decent sized community like some of the other meme coins, and potentially a lot of people are HODL to see if there is 10x or more gains. Yet I see this as a play that could have some money put into it to see what happens with this token. This coin has gained a lot of ground and traction, so I am in it to see what happens. In the overall Crypto market, I think it will be going up, so with the main, alt, and meme, let's see what happens. I think PEPE will have another surge, potentially towards the end of November or in the the middle of the 1st Quarter of next year.
CRYPTO:PEPEUSDLong
by DollarSaenz
HelenP. I Bitcoin can make small move up and then rebound downHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price a not long time ago dropped to the trend line and at once turned around and rebounded up higher than support 2, breaking it. Next, the price started to trades inside consolidation, where it some time traded near the support level and then rose to the top part of the pattern. Later, BTC rebounded from this part and declined to support 2, breaking the trend line, but soon turned around and made impulse up, thereby breaking the trend line again and exiting from consolidation. After this, the price continued to increase and soon reached support 1, which broke too and started to trades another one consolidation. Bitcoin some time traded near support 1 and then rebounded up to the top part of a consolidation, but a not long time ago it started to decline. So, in my mind, BTCUSDT will rise to the top part again and then rebound down to the support zone, thereby breaking the trend line with the support level. That's why I set my goal at 62100 points, which is located in the support zone. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
SPX Highest Probability Price Targets & Analysis | Sep 23 - 27new price targets for next week (Sep 23 - 27) using Statistics and Data to drive a 70%+ historical accuracy. Topics: - This week's Targets Overall we use stats and data pulled from a wide array of Tradingview indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them. Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself. Please leave me feedback as I am new to creating content and would like to improve. Personally I use these targets in combination with ICT Concepts to trade. Nothing I say is Financial Advice - Previous performance does not guarantee future success.
CME_MINI:NQ1!Long
by DIY_Trades
Fundamental Market Analysis for September 23, 2024 USDJPYThe Japanese Yen (JPY) continues to lose ground for the third consecutive session on Monday in trading diluted by holidays. This downward movement could be influenced by growing concerns that the Bank of Japan (BoJ) is in no hurry to raise interest rates. The BoJ kept its interest rate target range of 0.15-0.25% at its meeting on Friday. BoJ Governor Kazuo Ueda emphasized that the central bank “will continue to adjust the level of monetary policy easing as necessary to achieve our economic and inflation targets.” Ueda recognized that while Japan's economy is showing a moderate recovery, there are still signs of weakness. The US dollar (USD) continues to rise as Treasury yields recover their losses. However, the dollar could face challenges due to growing expectations of additional rate cuts by the U.S. Federal Reserve (Fed) in 2024. According to the CME FedWatch Tool, markets are pricing in a 50 percent chance of a 50 basis point rate cut to a range of 4.0-4.25 percent by the end of this year. Trading recommendation: Watch the level of 144.000, if the level is fixed below consider Sell position, if the level rebounds consider Buy position.
by Fresh-Forexcast2004
EURO - Price can bounce down from resistance area to $1.1100Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price made upward impulse from $1.1025 level and reached $1.1165 level, after which corrected. Then price entered to wedge, where it made a fake breakout of $1.1165 level and started to decline to support line of wedge. Euro reached support line, it bounced up, thereby exiting from wedge, and then rose to $1.1135 points. Next, price started to trades in another wedge, where it first declined to support area, where it reached support line. After this, price made a fake breakout of $1.1025 level and in a short time rose to $1.1165 and made a fake breakout again. Now, price trades very close to this level, and I think EUR can bounce down to $1.1100 from resistance area. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
1
Bitcoin can rebound from support zone and start to growHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price traded inside the range, where it at once rebounded from the buyer zone to the bottom part. After this, it turned around and rose back, and some time traded between 58000 level. Soon, the price broke this level, thereby exiting from the range and later entering the wedge, where it turned around from the resistance line and started to decline. In a short time, BTC declined to the buyer zone, where it reached the support line of the wedge. Then, the price started to grow from this line and rose from the buyer zone, but later it made a correction to the support line, after which turned around and continued to move up. Later BTC reached 62600 current support level, which coincided with the support zone and broke this level. Next, the price reached the resistance line of the wedge and then rebounded down. A not long time ago Bitcoin exited from the wedge and now trades inside the support zone. In my mind, BTC can decline to support zone and then start to move up. For this reason, I set my TP at 65500 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2