#DCBBANK #DCB #BANK #NIFTY #BANKNIFTY #BANKING #INVEST #EQUITY#DCBBANK has reached its long-long time support cushion.
Expect a quick pickup from here.
RSI in over sold zone.
This is not passive investment.
Active Investment. As moving averages are far.
Risky But Expect a great return of 30%.
Charts show a bullish hammer. Trend reversal expected.
Stop Loss will be at 53 as the stock follows the sector, and sector indices are in falling trends.
High Return / Risk.
Banking
USDWTI H4 - Long Trade SetupUSDWTI H4 - Looking for a break above the previous high (white line indicated), fresh highs would then be set and resistance would have been broken, failing this, as mentioned in the technical rundown video, we may see a correction back down to the recently broken resistance for more of a major retest rather than yesterdays wick retest.
CADJPY H4 - Long Trade SetupCADJPY H4 - Been a bit of a slow pair this week. Failed to break much above 80.300 this week, this being the key price (neckline) to break. 80.000 keeps holding as support which is good, so be interesting to see if CAD retail sales spurs on CADJPY upside... Data up in 20 minutes!
GBPAUD H4 - Short SetupGBPAUD H4 - Still trading between the S/R range, approaching resistance at the moment, may want to look for reversals to then trade back down to support. 30 minutes until H4 close. Selling from resistance was calculated at just under 1:3 yesterday, ultimately depends on entries etc.
GBPAUD H4 - Long Trade SetupGBPAUD H4 - Couple of downside support break attempts, but eventually all closed within our support region, trading above 1.82 at the moment, seen an initial bounce, BXY was covered in the video rundown, lots of resistance and previous highs in sight, so will take some sort of catalyst to give GBP the push to break those tops.
Are Turkish Banks creating opportunities? (XBANK.IS) In dollar terms, the Turkish Banking Index is in a long-term squeeze.
With the new works that started to arrive, albeit late, after the Lira's compression, we can see that the index can throw itself back to the upper band at the end of 2020 and at the beginning of 2021.
The estimated return on a rise up to horizontal resistance will also be over 200%...
Only personal opinions and ideas. Does not Include Legal Investment advice...
GBPUSD H4 - Long Trade SetupGBPUSD H4 - Nice strong GBP rally for the last few weeks, performed excellently, saw a bit of exhaustion towards the latter part of last week as we failed to set highs, that being said, we haven't set new lows, so we are technically range bound until we see a breakout. Generally would like to catch an opportunity to buy from support and hopefully break new highs (as indicated on the chart).
Up momentum for $XRP #XRP is almost breakingTrying to simplify the $XRP chart, but if you cannot see the Square, meaning the probabilities are all in favor of #XRP its possible to reach the $250-$320USD this is the most realistic aproach of dynamic momentum for the chart as a whole, the red line is the existent support.
$WZR: Fintech hype+ Solid uptrendFA,
- FinTech Revolution (WZR left behind while the punters bet on BNPL)
- Loan origination spikes 48% in June 2020. Consistent uptrend
- Wisr Ecosystem up 52%
- 42.4 Million in Cash
- Great vision: Improve financial wellness in Australians.
- Strong support from NAB
- Good management team including CEO Anthony Nantes
- Cool name and logo ( It’s vital for long term success, Ask Peter Lynch)
TA,
- 5EMA and 10EMA above 150EMA
- Bottom trendline of Strong uptrend
- Ascending triangle( WZR has historically broken out higher from ascending triangles)
- Volume consolidation
- Strong monthly level support(white)
- RSI not overbought (RSI<50)
Capital One -- Not in My WalletAlthough Capital One is involved with more than consumer credit cards, it doesn't feel like a great place to be with record unemployment -- while unpopular, I am taking the gamble that the longer term trend is closer to '08 style credit crisis. The indicators line up, as well as the exact price levels. If this sells off (starting with poor earnings next week?) and was to do an exact length match to the bottom as in '08, it would be 17 monthly candles, or in this case roughly December 2021. COF broke through its 200 day moving average, and I don't see the earnings impressing.