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BARCLAYS - Clear As Day - Buy @163p REASONS TO BE BULLISH Technical - Recently broke out of a 15 year pennant pattern and just retested for support. Technical - Recently crossed and reclaimed the 50 MA. Technical - MA 50 looking like it may cross the 100 and 200 in future months. Technical - RSI is in the bull zone (bouncing off its base). Technical - A 155p entry was triggered when reclaimed MA and RSI bull-zone on the same candle. We're now at almost the same level. Technical - All-time high was back in 2007. This stock hasn't been touched in 15 years and is now winding-up to revisit the top of the upwards slanting trend-line. Technical - Looks like wave 1 of a 5-wave move is complete/near completion. Fundamentals - Price to earnings is just 4.7. Barclays is looking like incredible value right now. Net earnings up 275% for the year. Fundamentals - Dividend yield is ~4% - not to be sniffed at all in this environment - they may even increase this given how profitable banking with current accounts may turn out to be if the BOE base rate continues to increase. Fundamentals - Implied volatility in the options market is increasing, and it seems like some big players may be eyeing-up Barclays for a big position (likely long but perhaps short). Fundamentals - Less exposed to the U.K. than some of its counterparts (like Lloyds). With U.S. and India appearing in their Top 4 countries in terms of investment. Target 1 - First target would be reaching the underside of the purple channel once more at 260p or £2.60. A 60% move off todays prices. Target 2 - Next profit target would be 750p or £7.50 (a 4.6x move). That could be attainable fairly quickly in the next decade on current trajectory. I don't normally like to post timescales but I am curious to see how this one plays out. Target 3 - The white top line coincides with the 2.272 and 2.414 fib extension (from Mar20 to Mar22). This generates an ultimate price target of between £10.50 (1050p) and £17.30 (1730p). This matches with the extension from the height of the pennant (top to bottom) also. REASONS TO BE BEARISH Technical - Below the purple bear channel and not showing signs yet of being an 'exponential' candidate. Technical - Stop loss will be 140p at the prior low - representing a 12.5% risk. Technical - Only recently broke out of the pennant pattern. Could still reverse from here. Fundamentals - Inflation is not usually too good for growth and banks, with costs increasing as well as profits from interest rates. Fundamentals - With interest rates increasing you'd anticipate that defaults and leverage will unwind in other economies and wreak havoc. Perhaps Barclays have repaired their balance sheet in the last 15 years or perhaps the UK government will continue to backstop, but current market conditions don't make for pretty reading. SUMMARY Buying Barclays here seems like a no-brainer here. Significant dividends in a stagflationary environment cannot be ignored. Neither can we ignore a reasonably priced stock in 2022, as well as a successful backtest of multiple breakouts on our indicators/TA. Time to keep an eye on this one.
LSE:BARCLong
by DigiDavid
$SOFI earnings today 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team entered digital finance company Sofi Technologies $SOFI at $6.70 per share on 5/5/22. Our take profit was originally set at $10 per share. Today my team has averaged down on $SOFI at $4.87 per share. This brings our average down to $5.80. We still think that $10 can be reached but to be on the safe side we believe that establishing a take profit at $6.95 is ideal. This would be a 19% increase from our average. Earnings are expected to be reported today after market hours. We were considered adding a stop loss, but it has dropped so much that we believe that there is no longer any need. Ultimately, we are willing to hold this one out until it reaches our take profit. Good luck to all today! first entry: $6.70 2nd entry: $4.87 Take profit: $6.95 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
2
$SOFI earnings next week 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $6.70 per share. Our take profit has been set at $10. Earnings are expected to be reported next week. Our entry: $6.70 Take profit: $10 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
4
Citigroup Inc. (C) bullish scenario:The technical figure Falling Wedge can be found in the US company Citigroup Inc. (C) at daily chart. Citigroup Inc. or Citi (stylized as citi) is a US-American multinational investment bank and financial services corporation. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the nine global investment banks in the Bulge Bracket. The Falling Wedge has broken through the resistance line on 05/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 54.85 USD. Your stop loss order according to experts should be placed at 47.78 USD if you decide to enter this position. Citibank, N.A. said today it has raised its base lending rate to 4.00% from 3.50%, effective tomorrow, Thursday, May 5, 2022. Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the 36 country SEPA zone. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:CLong
by legacyFXofficial
BTC/USD THE GREAT BUY 2022We see where the demand level for BTC is at and with fundamentals in mind. We have observed the recent short term mini-rally's. We shall react to price at a discount level for maximum gain and minimal drawdown for the year. As indicated in the chart we have a target and an entry level pricing for best investment return. Now we wait and react at the right moment. Always buy at a discount and sell when price is expensive/at a premium. Keep it basic , keep it simple. The dollar pricing might play a big part in the rally we are waiting on, thought you should have that at the back of your mind. Subscribe ,reward and follow for more. See you on the next post ladies and gents.
COINBASE:BTCUSDLong
by alvinwanyiri
$SOFI is oversold 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $10.25 per share. Our take profit is $12 with a stop loss at $9.75. Our Entry: $10.25 Take Profit: $12 Stop Loss: $9.75 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
3
Yearn Finance: A World of Painthis is a "governance" token, with a paralyzingly high per unit value ($20,000 and up) the team has no regard for establishing traits to justify the YFI token to have any non-speculative value. solutions may involve: 1. revenue payments to YFI holders 2. token split - to normalize per unit price in context of other altcoin crypto assets 3. compensation of revenue per participation in governance decisions the software team building yearn finance are world class however the tokens are at face value nothing but monopoly bucks i see a massive dead cat bounce rally happening soon, followed by a very slow and painful 2022, and price never returning to the doorstep for $100,000
COINBASE:YFIUSD
by noam_chom
4
IDX : BBRI WEEKLY IN SHORT CORRECTION TO 3860-3940BBRI Weekly Chart most likely will be going down to the 3860-3940 where the support harmonic and dynamic met cluster (fibonacci 0,5-0,618 and support dynamic EMA 90). After the price hit the support, hopefully the Trend Movement (BULLISH TREND) will comeback to the Resistance Area at 4770-4810. Stochastic momentum indicator show us that the trend still going down to Oversold Area thats mean there is a chances BBRI will stop the bullish rally for a moment. And for your info, BBRI has a gap at 4600. Gap in Big Banks have a very big chance to close either gap up or gap down. Buy BBRI little by little at the price 3800-4000 and Hold it until the price make a comeback at 4800. Stop Loss under 3800 Take Profit 4800 DISCLAIMER ON
IDX:BBRILong
by Aris_Sunandar93
XLM could be the trade of a lifetime.If you are in the Crypto world and don't have a bag of XLM, I believe you age going to miss out on a sleeping giant. the partners of XLM and big brother XRP look like it's out of a crypto fairy tale for the consumer. We are seeing the only opportunity that I know of in history that the average person gets to get in on the same level as the financial institutions. Believe it or not, this is happening directly in front of us all. CBDC's are going to happen in a decentralized fashion and the winners of the race already crossed the finish line. We will see the new and improved Quantum Finacial System rolled out in the coming years. A new form of SDR's and it will all be seamless to operate settling payments anywhere on the planet in seconds with On-Demand Liquidity. bankers are here to stay. Be brave and take the opportunity to get in on the same level as the "big banks'. fintech of the future is within our grasp.
KRAKEN:XLMUSDLong
by jow6257
1
QNBK to buyQSE:QNBK just broke above an important level . At this point there is a high probability it continues upwards towards the blue rectangle (27-28.3 area) . This target could be hit around october 2022 if the market keeps this recent bullish momentum . The buy target could be reached as soon as June-July 2022 if the market gains even more bullish momentum . If the market loses some bullish momentum along the way , then this buy target could be reached around February 2023.
QSE:QNBKLong
by StockAnalystPro
Bank charter approved, go long $SOFISOFI has been successful in achieving a bank charter through the acquisition of California-based community lender Golden Pacific Bancorp. It has been consolidating on the weekly chart for almost a whole year now. With the MACD curling up & histogram turning white heading towards green while the RSI is heading to test 50, I really like this set-up. Some say it is priced in already. I highly doubt that. This stock could easily hit a $25 billion market cap (roughly the market cap of HBAN, which I say would be a reasonable comparison/achievable target since HBAN is a plain vanilla regional bank) with the combination of having a super app with the backbone of a bank charter. If it were to hit that market cap, SOFI would be trading at roughly $30.98. More than a double from here. It seems to be the perfect time to go long. The combination of student loan management, IPO access, banking, crypto, stock trading, etc all in one app gives it a significant edge. If it can catch some momentum and pass $50, then it could be headed much higher. An extremely bullish case would be SOFI reaching PYPL like numbers. SOFI's total assets increased from Sept 21 to Dec 21, while PYPL's decreased. On the day Dec 31st, 2021, PYPL had roughly 8.22x the assets of SOFI. Just throwing out a rough number, with net interest margins being added into the revenue basket for SOFI because of the bank charter and the potential to continue to increase its AUM and total assets then you could throw out a share price of $112.70 ($13.71 * 8.22). Volume has been steadily increasing indicating increased interest and coverage. Oops. EBITDA somehow was from UCTT on the initial post and Tradingview won't let me edit it, no worries. Here is the chart with SOFI's EBITDA has shown some recent upward momentum. This is just a theory, not financial advice, please do your own DD.
NASDAQ:SOFILong
by EBITDAtiger