BANK
WORLDLINEWorldline is a French multinational payment and transactional services company founded in 1970, Revenue: 4.8 billion EUR (2020).
Mega Bubble shortly impacted by Covid19.
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Trading Parts
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Buy Zone : 67$
Rebuy Zone : 61.5$
TP1 : 69.9$ (Security TP)
TP2 : 73.5$
TP3 : 79.9$
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Happy Tr4Ding !
Proton XPR - Its the Real DealFollowing a meteoric pre-alt season run over to over 5 cents, XPR cooled its jets and landed for a refuel. It is now ready for another meteoric rise that will most likely arrive around 6 - 7 cents in the near future. The project is integrating the entire industry by wrapping other cryptos into x-coins which can ride the Proton blockchain for zero fees at 4K transacts per second. You can stake XPR in the wallet and also host it with other x-coins on Proton Swap for high APR liquidity farming. NFT market released, and coming soon: full banking integration for a USD-crypto onramp right in the Proton wallet. The team has focused heavily on the idea of decentralized KYC for regulated financial institutions.
This project is expected to find true price discovery at about 1 dollar, and then rising to MATIC level pricing. Don't sleep. Proton XPR is the real deal. This is not financial advice. This is a message.
Axis Bank Buy Opportunity _H&S Pattern_Hourly CandleAfter Touching Low of 754 Axis Bank showed a very good recovery and Stock is trading at its resistance level.
H&S patten is formed on hourly chart closing above 821 will confirm brekout and one can expect a target of 880 in coming days.
Don't forget to like and share Idea.
Happy Trading
BUY AGROBuy area at 2480-2460
Stop lose if break 2300
TP at 2850 for 1 week (swing trade)
On 28 September 2021 at 14.00 WIB, Bank Agro will hold a meeting with shareholders (RUPS).
with agenda, discussion
1. company name change
2. Super apps launch
With this good catalyst, we can assume that market players will increase AGRO's stock price. IDX:AGRO
BANK NIFTY price action trend analysis since covid 19BANK NIFTY price action trend analysis since covid 19
STEP 1
channal break out TGT 36145.6 DONE
How we calculate { CHANNAL RANGE *2 + BREAKOUT CANDLE CLOSE}
STEP 2
Trend lines 1 , 2 & 3 MAKES FLAG (PEANUT/TRINGLE) AND POLL PATTERN
Pattern TGT 42055
How we calculate {POLL RANGE + BREAKOUT CANDLE}
STEP 3
Trend lines 4 & GREEN CHANNAL AGAIN MAKE FLAG AND POLL PATTERM
Pattern TGT 39200
How we calculate {POLL RANGE + BREAKOUT CANDLE}
STEP 4
NOW WE SEEL A CHANNAL BREKOUT ALSO
Pattern TGT 40100
How we calculate {CHANNAL RANGE * 2}
SO WE GOT FOLLOWING PENDING TGT
STEP 2 42055
STEP 3 39200
STEP 4 40100
ANALYSIS GONE VOID IF BANK NIFTY PRICE ENTERED IN OUR 1ST CHANNAL
$ETH / USD -- Mini-Cloud-Bank w/ V Shape RecoveryHello Traders,
Ethereum looks to have formed what I call a mini-cloud-bank patter.
Why, Mini? Because generally speaking Cloud Bank patterns take anywhere from months to years to form, which are followed by a steep 40-60% drop-off with a "V" shape recovery. Clouds usually form during or right before a Bear Market, then take a massive plunge to start a recovery.
Now, my thoughts are, we have mostly seen sideways chop over the last month or so, with some peaks and valleys, before finally dropping 32% from the recent peak. Not speaking too soon, it looks as if the market has found a bottom and has formed a sharp "V" shape recovery, pending no further massive drops.
These types of patterns and market behavior can be ideal for a strong bull run over the next upcoming months for steady and consistent growth to the upside.
Take this with a grain of salt as this is not a true Cloud Bank Pattern but has all of the characteristics of being considered a "Mini" Cloud.
Good luck!
Potential Opportunity - Patience PaysPreviously I wrote a brief note explaining caution for the US Banking industry as illustrated by XLF.
This is due to:
- market risk of a broader market pullback - as currently being experienced
- impact from Covid-19 variants like Delta etc.,
- the cumulation of record high bank reserves (cash) which serve to stress Bank Capital and Capital adequacy ratios. These reserves have been building up due to the FED's policy of buying Bonds in the market. Once sold, the vendor banks cash at a Bank which severs to increase the Bank's liabilities. The FED has tried to mitigate this effect by using reverse repos - which is ridiculous - it should stop the buying / QE ie the naughty word - Taper!!! :)
The opportunity to be long includes:
- market risk subsides as debt ceiling is mitigated.
- infrastructure bill goes through which is GDP positive.
- further recovering of the US and European economies noting n increased travel facilitated by increased vaccination rates.
- Bank capital being strong as it is, has seen some Banks start to sell assets which have a lower capital rating (for the purposes of capital measurement) and will eventually open the door to strong lending programmes noting the prior comment.
- still good fiscal support - so economy, GDP and the broader market is growing.
In other words a decent credit cycle may ensue which will be very positive for Banks and of course XLF.
However - Patience Pays!!!
Buying in smalls around key support areas and build a position - no 'binary' trading.
HSBC Bearish OptionsFamous short seller Jim Chanos let people think in the last interview that he shorted some banks which are overexposed in China.
The bank had hired for about 400 client-facing roles for its mainland digital wealth planning venture and will have about 700 personal wealth planners on the ground by the end of 2021.
Looking at the puts today and the 22usd strike prices for 2021-10-15, i think that is the direction we are heading to!