Global Education Ltd (GLOBAL): A Bullish Outlook AheadStrong Fundamentals and Technical Indicators Suggest Upside Potential
Global Education Ltd is a leading player in the education sector with a strong track record of delivering quality education. The company's promoters hold a significant stake of 70.9%, which indicates their confidence in the company's future prospects. In this blog post, we will analyze the company's financial performance and technical outlook to assess its investment potential.
Financial Analysis
Promoter Holding: The high promoter holding of 70.9% suggests that the promoters are aligned with the interests of the shareholders.
P/E Ratio: The company's P/E ratio of 14.2 is relatively low compared to the industry average, indicating that the stock is undervalued.
Dividend Yield: The dividend yield of 2.41% is reasonable and provides a steady income stream for investors.
ROE: The return on equity (ROE) of 40.2% is excellent, indicating that the company is efficiently utilizing its shareholders' capital to generate profits.
Technical Analysis
From a technical perspective, the stock appears to be in a bullish uptrend. The price is currently trading above the 215 resistance level, which is a positive sign. If the price can break above the 273 level, it could continue to rise towards the 385 level.
Investment Outlook
Overall, Global Education Ltd appears to be a fundamentally strong company with a promising outlook. The low P/E ratio, high ROE, and strong promoter holding suggest that the stock is undervalued. Additionally, the positive technical indicators suggest that the stock has upside potential.
Disclaimer
This is for informational purposes only and should not be construed as investment advice. Investors should conduct their own due diligence before making any investment decisions. We are not SEBI registered advisors and therefore cannot recommend buying or selling any securities.
Global
SPY/QQQ Plan Your Trade 8-2 : Breakaway In Carryover ModeAs we have all experienced over the past 6+ days - outside news events can (and often do) disrupt my SPY Cycle Patterns.
I've talked about the Kamala-Crush event (just 10+ days ago) that disrupted market trends after Biden stepped down from running for POTUS in 2024.
I've talked about how capital would shift away from risks because of the sudden shift in expectations.
I've talked about how this shifting capital would likely benefit the US market and what I call (major global economies) - where capital may rush into areas considered safer than most of the rest of the globe.
Then, we saw a bloody attack on Israeli children turn the world upside down with the threat of an Israel/Iran conflict.
We are now seeing Japan really become an issue with the BOJ attempting to manage risk factors related to their economy.
In my opinion, the past 10+ days have been a series of minor crisis events (some a bit more major than minor) that have played out to disrupt the US/Global markets with huge volatility.
We don't normally see 2.5 to 5.5% price swings - EVER. These types of price swings are MASSIVE.
We are living through a disruption that may go down in history related to a global shift in expectations.
But, at the same time, we've only seen the US markets fall 3.5% from the recent highs. Certainly not a CRASH event (yet).
Honestly, I don't expect my SPY Cycle Pattern to play out very well today. I believe these outside factors are really driving price action and I've clearly tried to highlight that in this video.
If & when the markets settle and move back into more normal types of price trending (away from outside factors driving price trend) - the SPY Cycle Patterns will likely fall back into a better predictive mode.
As I stated, the SPY Cycle Patterns are not 100% accurate all the time. The past 10-15+ days have been very unusual (to say the least). We've seen a series of events that are really unprecedented (starting with the Kamale-Crush).
Buckle up. Today could be a very interesting day if support holds. We may see the SPY attempt to rally back above $552-554 at some point.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Nasdaq Slapped- Like u saw yesterday, BTC dipped but the main reason for now is just the global economy being worst.
- Nasdaq Companies made big % lost yesterday - here the main list - www.cnbc.com
- The Covid19 caused a fast dip followed by a mega pump based on stimulus (brrrrr), now the real dip is ongoing.
----------------------------------
Trading Part ( Long Term )
----------------------------------
- Buy 1 : 12,000$
- Rebuy : 10,500$ - 11,000$
TP : before 20,000$
----------------------------------
- This Analyze of course can be faked by a strong money printing (Brrrrrrrrrrrr)
Happy Tr4Ding and St4y Safe !
NASDAQ100 - US MARKETS UPDATEInvesting isn't always that easy, heh?
Especially in Bear Markets, the market circumstances seem to trick one into thinking, that the next bull run will happen soon.
The Bull is climbing up the stairway and it takes a while, whereas the bear jumps out of the window.
Looking at YTD 32.88% decline as of 27.06.2022 in the US TECH 100 is one of the worst Q1 and Q2 in the history of US markets.
Inflation is at 8,6% in the United States (10.06.2022) and around 7.5% in Europe. The western world faces a huge backlash after rising the interest charges by 0.75 percentage-points to a range between 1.5%-1.75%.
Covid-19 is still around and has sluggished the world economy and growth view for the past two years.
Facing climate change may be one of, if not the biggest threat of the 21. century and the Ukraine conflict does not make it look better at all:- )
All the Quantitative Easing and Printing money have led to massive inflation all over the place. The only real solution is to simply "produce more".
Sounds easier than it's done, with a view to collapsed supply chains.
Chart:
RSI is at lows forming a triangle, indecision. 200MA is a good trivial indicator to get a minimum idea of the AVERAGE price of this derivate.
I think a retest of 14.500 is in play, after which the bear market could continue.
I think we have not seen the bottom here, since the real sell-off hasn't happened yet.
Being liquid in dangerous times is the best thing you can do and is actually the only way to really make some money.
So, catching a falling knife is always a risky thing to do, but if you catch it, this could change your life.
These kinds of opportunities are not that often in life, maybe once in a lifetime or once every one or two decades.
The NASDAQ doubled in on year, literally mooning, due to the printed money, which was flooded into the markets, to catch the markets and secure a fluid economy, but guess what, we have used our last gun powder, and no we are facing the costs of this two-year printerage.
It was necessary, but the consequences are real and in my personal opinion, most of the stocks are overpriced. I'm just gonna say it, they are OVERPRICED. Especially tech and housing market looks bubbly and an honest recovery after a healthy bull market from literally the 2008 crisis.
So I think we can go down and test the highs before the Covid-19 Crash (16.03.2020) at around 10.000 points.
I feel like September could be a stop to raising rates, which would lead to more upside, but IF we somehow manage to find a bottom and to not test lower levels, highs as 20.000 until 2024 is absolutely in play!
No one knows what will happen, so my personal bet would be bearish until the market, the government and the economy gives massive positive signals to the public, to reenter a bull market.
Until then i personally stay bearish and stay liquid. I try to average in an amount here and there from time to time. At one point it will turn because everything comes to an end at a certain point.
All right, if you made it until here, thanks for reading!
Take care,
gqt
Could 50K Bitcoin Be In The Cards?Hear me out... I know it's just a couple of days before the halving, but the selling pressure is still strong on BTC and has hit the 60K level without showing signs of slowing the pace to the downside. This makes me think that 50K-52K is possibly in the cards because there really isn't much support until that zone as the order blocks are showing on the 4hr timeframe. Other timeframes are looking very similar.
We may have some ups, we may have some more downs, and guess what, we will have some sideways time too. What is important is that you make sure you are following the trend for your time frame. If you are trading short term like myself, you are hopefully capitalizing on the short side. But you may be in the camp that you are buying the perpetual dip. If so, then you are just hopefully dollar cost averaging into the market on these drops to the downside.
With global tensions high in the past week, the markets haven't been very favorable for the number-go-up crowd, but for those that know how to trade the volatility, you should have been doing pretty well either way.
Are you buying the dip bullish or are you shorting with the bears?
Would love to know in the comments!
DEFENSE WINS CHAMPIONSHIPS (Global Conflict Summary EDITION)Per the council of foreign relations, these are the following current global conflicts. I've included a brief description of each conflict. It's important to understand these if you're planning or already are investing in defense stocks.
Per TA, I've labeled bearish price targets, bullish price targets, relevant trends. It looks overvalued from analysis on ITA, but there is upside. I'd say that short term probably favors bulls (talking maybe weeks if not less), mid term probably favors the bears (multiple months), long term will likely favor bulls, but it will depend on the movement we see over FEB and March.
Global Conflict Summary
Americas
Criminal Violence in Mexico
The criminal violence in Mexico involves various organizations such as Sinaloa, Los Zetas, Tijuana/AFO, Juárez/CFO, Beltrán Leyva, Gulf, La Familia Michoacana, the Knights Templar, and Cartel Jalisco Nuevo Generación (CJNG). The violence is attributed to the increase in crime rates and the limited interventions by the state and municipal police.
Instability in Haiti
The instability in Haiti involves the government, opposition parties, and the international community. The crisis revolves around the dispute over the presidential term and the government’s inability to control skyrocketing prices of commodities.
Instability in Venezuela
Venezuela is facing an unprecedented social and humanitarian collapse due to poor economic policies, political conflict, and the international community’s unsuccessful attempts to bring about positive change. The conflict involves the government under President Nicolás Maduro and opposition groups.
Asia
Instability in Afghanistan
Since the Taliban reclaimed control of Afghanistan in 2021, the country has further plunged into political and economic instability. The conflict involves the Afghan government, the Taliban, and various local and international actors.
Territorial Disputes in the South China Sea
China’s sweeping claims of sovereignty over the sea have antagonized competing countries. The key parties involved in this territorial dispute are China, the Philippines, and the US.
North Korea Crisis
North Korea could resort to nuclear weapons in a crisis as it is making significant progress toward implementing a more robust nuclear strategy. The crisis involves North Korea, South Korea, the United States, Japan, and other international actors.
Instability in Pakistan
Pakistan continues to face multiple sources of internal and external conflict. Extremism and intolerance of diversity and dissent have grown, threatening the country’s prospects for social cohesion and stability. The conflict involves the Pakistani government, opposition groups like the Pakistan Muslim League and the Pakistan Peoples Party, and militant groups like the Tehrik-e-Taliban Pakistan (TTP).
Conflict Between India and Pakistan
Since 1947, India and Pakistan have been involved in a number of wars, conflicts, and military standoffs, with the Kashmir conflict serving as the catalyst for every war between the two states. The conflict primarily involves India and Pakistan, with the disputed region of Kashmir being a major point of contention.
Confrontation Over Taiwan
Tensions are rising over Taiwan as China’s power and assertiveness grows, competition between the U.S. and China spreads, and the Taiwanese people develop a distinct identity increasingly disassociated from the mainland. The key parties involved in this conflict are China, Taiwan, and the US.
Civil War in Myanmar
The civil war in Myanmar escalated significantly in response to the 2021 military coup d’état and the subsequent violent crackdown on anti-coup protests. The conflict involves the National Unity Government, People’s Defence Force, Chinland Defence Force, Chin National Defence Force, Karenni Nationalities Defence Force, and other ethnic armed organizations against the State Administration Council and Tatmadaw.
Europe and Eurasia
War in Ukraine
The war in Ukraine involves Ukraine and Russia. The conflict is over the sovereignty of Crimea and parts of eastern Ukraine, which Russia annexed in 2014.
Nagorno-Karabakh Conflict
The Nagorno-Karabakh conflict involves Armenia and Azerbaijan. The dispute is over the Nagorno-Karabakh region, which is internationally recognized as part of Azerbaijan but is governed by ethnic Armenians.
Middle East and North Africa
Conflict in Syria
The conflict in Syria involves the Syrian government, opposition groups, and various international actors. The civil war began in 2011 as part of the Arab Spring protests and has since escalated into a multi-sided conflict involving numerous factions and foreign powers.
Instability in Iraq
The instability in Iraq involves the Iraqi government, various ethnic and religious groups, and international actors. The conflict stems from sectarian tensions, political instability, and the presence of ISIS.
Israeli-Palestinian Conflict
The Israeli-Palestinian conflict involves Israel, Palestine, and various international actors. The conflict is over the sovereignty of the Palestinian territories and the establishment of a Palestinian state alongside Israel.
Sub-Saharan Africa
Conflict in the Central African Republic
The conflict in the Central African Republic involves the government, various rebel groups, and international actors. The conflict stems from political instability, ethnic tensions, and control over the country’s rich natural resources.
Conflict in Ethiopia
The conflict in Ethiopia involves the Ethiopian government, the Tigray People’s Liberation Front, and various ethnic and regional groups. The conflict stems from political tensions, ethnic disputes, and disagreements over the country’s system of ethnic federalism.
Please note that this is a brief summary and does not cover all aspects of the conflicts. For more detailed information, please conduct further research.
ETH USD IdeaHello fellow crypto enthusiasts! We've recently entered the world of Ethereum because it seems to be making a lot of noise, practically begging us to buy at the lows and sell at the highs. We're in it for the long haul, so we're mainly dealing with spot positions Long and seizing opportunities to scalp during bearish trends.
It's an exciting time for Ethereum, and we're eager to witness how this distribution phase will unfold. We're going to keep a close eye on the market to see just how high Ethereum can soar. Now, let's talk about our take-profit levels. And here's the exciting part – we've managed to make our positions practically risk-free at this point. Stay tuned, and we'll keep you updated as this thrilling journey unfolds.
EUR USD ideaHey there, fellow seekers of the groove! 🌊🏄♂️ So, we've been riding the inside candle wave according to our weekly outlook. We cruised back to that weekly supply zone, got a bit of a reaction at the naked point of control. Now, we're caught in the mist, not really sure which way the wind's blowing. And Dollar? Yeah, it's holding its weekly low like a champ and giving us a higher dance.
But man, let me lay it straight - when you're deep in those 5-minute scalping sessions, the big picture can be as fuzzy as a distant break. We've been tossed around a bit, got stopped out a few times, but guess what? We're still standing tall. We're winners, not just by luck but by keeping emotions in check and thinking in percentages. Otherwise, losses can totally wipe us out, and nobody wants that.
Here's the thing: in the grand dance of beating the market, it's all about that continuous grind. Day in, day out, we're hustling, analyzing, and adjusting. And you know what? Even if every day isn't a winning ride, that's life, man. We adjust, we ride, and we keep that surfer spirit alive. So let's kick back, catch those waves, and enjoy the journey - because in the end, it's all part of the ride. 🌴🌊🤙
EUR USD ideaHey there, groovy Monday crew! 🌞🏄♂️ Time to dive headfirst into this market madness. You know the drill - Monday kicks off with its classic quick manipulation, just a tease before the real show starts on the Dollar Index (DXY). Smooth moves with dxy leading to that picture-perfect setup on EURUSD down to hell of course🚀
Now, let's chat about these levels, dude. We've got more of 'em than seashells on the beach, and a whole bunch lurking beneath the surface.
Here's the plan: let's keep a close watch on how Monday wraps up. Patience is our jam with the longs - no need for a gazillion stop losses, you know what I'm saying? And guess what? The dollar could totally pull a surprise move and decide to hang in that bullish zone out of the blue.
So stay cool, and let's ride this wave while we wait for the market to reveal its next move. 🌊🤙
Bitcoin Buy Signal FormingVery excited to see a buy signal forming on the weekly Bitcoin chart. It hasn't been confirmed yet, but we generally see a +30% rise within a month.
As I've mentioned before, following global dollar liquidity is a fantastically reliable way to track assets that are correlated with the flow of dollars within the system. And nothing is more correlated to liquidity than Bitcoin.
Sovereign Debt Crisis - Cracks Showing in the Yen?Long position on OANDA:USDJPY
Interest rates on US dollars are rising globally, at a very rapid rate. Capital has been flowing towards the United States for the last couple years, as a global flight to security occurs as fear rises in markets during times of turmoil.
Because the US Dollar is the reserve currency of the globe, debts backed by US Treasuries are quickly becoming expensive - particularly for sovereigns. Sovereign debt, particularly long-tenor notes and bonds, have demonstrated to be very illiquid in the last decade. Globally, central banks have attempted to combat this issue with lower interest rates and quantitative easing.
This theory, however is fundamentally flawed since it does not address the lack of price discovery in these markets. Central banks can support these markets domestically, but without a foreign buyer they hold little value, and the currency will experience inflation relative to other currencies. In this instance, this is the US Dollar. See this chart of the British 10-Year Bond (Gilt) Futures, where there was a panic in the market a few months ago as pension funds holding large quantities of Gilts were rendered insolvent. The same pattern can be observed on a USDGBP chart, as capital fled the nation and its debt lost value (rates rise).
The crisis that nations now face, is that they are burning the candle at both ends. Japan has been employing strict interest rate controls, and extraordinary liquidity-providing measures to domestic banks for decades to stimulate inflation. In the past couple months however, they have begun to employ currency controls, to curb the loss of value of the Yen in FX markets. Despite this inflation they have had little success stimulating growth domestically. Negative rates reflect a negative demand for sovereign debt, as if the entity "buying" it must be paid to do so.
Rates have also gone negative in Europe, see the financial capital, Germany, has struggled since 2009 to find a market for its debt. US banks are reluctant to lend via repo to European banks for their sovereign entities possess such great risk
The Reverse Repo facility (RRP) has become a black hole for capital around the globe. During QE it offered the highest return on cash for money-market funds and other money market participants. As rates rise globally, so too does risk. As markets like Europe are unable to keep up with the rise in rates as is occurring in the United States, so capital will continue to flee these nations under duress and create a feedback loop. The RRP is a zero-risk investment, so offers a safe home for flighty capital looking to liquidate long-term debt. See chart of Yen, inverse Euro and RRP usage
The Bank of Japan has become unable to control the market on its 10-year debt security, and it will continue to rise and push against the imaginary "ceiling" imposed on it, until a currency crisis occurs and a crisis in sovereign debt markets may begin to be realised.
Capital will flow very quickly towards the United States in this event. Since it is the financial capital of the world still, as it is the reserve currency of most foreign governments, any assets priced in US dollars will grow in value. Particularly equities, this will be a theme in markets over the following years. War in Ukraine will continue to create massive inflationary pressure globally, as capital concentrates around a very expensive and complicated geopolitical conflict. Rates will continue to rise until this is resolved, and sovereign debt will quickly become un-affordable as the price falls due to rate increases. Debt is already concentrating in short-term debt markets, like REPO, FIMA, SOFR and so on. Pension and mutual funds will quickly be rendered insolvent as they are the parties which hold gigantic quantities of these dangerously illiquid bonds.
BEWARE of these markets, they are a ticking time bomb and all global currencies have a massive exposure.
MRVL DCA - Rectangle PatternCompany: Marvell Technology Group Ltd.
Ticker: MRVL
Exchange: NASDAQ
Sector: Technology
Introduction:
Greetings, fellow traders and investors! Today, we're diving into the daily scale chart of Marvell Technology Group Ltd. (MRVL), particularly observing a potential rectangle pattern that has formed after a clear downtrend.
Rectangle Pattern:
The rectangle pattern typically represents a period of consolidation, where price moves within a range between parallel support and resistance levels. It can be a bullish or bearish signal, with the trend direction determined by the eventual breakout.
Analysis:
Marvell Technology's stock has been consolidating in a rectangle pattern for about 225 days, with the price currently above the 200 EMA. The upper boundary of this rectangle is at $49.30, while the lower boundary is at $35.67. Both these boundaries have seen two touch points each.
Our focus now is on observing if the price can breach the upper boundary. As of now, Marvell Technology remains on our watchlist, showcasing potential for future movement.
Should a breakout occur above the upper boundary, we could be looking at a price target of $67.87. This implies a potential price increase of roughly 27.5%.
Conclusion:
Marvell Technology's daily chart points towards a consolidation phase, characterized by a potential rectangle pattern. A valid breakout above the rectangle's upper boundary could set off a bullish trend, offering a promising long position opportunity.
As always, please conduct your own due diligence and consider risk management strategies before making investment decisions.
If you found this analysis insightful, don't hesitate to like, share, and follow for more market updates. Happy trading!
Best regards,
Karim Subhieh
ARKK : The Innovation Fund. SELLCathie just published her Open letter for Fed. If a bottom stock picker tracks macro and starts advising the Central Bank about what to do, you know something is wrong in Paradise.
Technically speaking, the price chart has forming a H&S. Ten out of last 11 months have beeen negative months.It has grossly underperformed all the possible indices .
Fundamentally speaking the FAANGs & MAMAA's of the world are still grossly overvalued in the interest rate stabilising world, note it that I never said rising, because as one of the factors of production, the price of money should never have been negative.
Can you fathom a negative Salary for your monthly efforts ??
My Target for this overhyped overblown Fund is $29.30.
21-AUG - BTC in stagflation and global recessionIf you just take into consideration, that so far entire #cryptocurrencies #ecosystem grew up in global #hossa and that #hossa has ended and #global #market is going into #recession, what could this mean to e.g. #BTCUSD ?
During each previous recession (dotcom bubble in 2001, global recession in 2008, etc.) #SPX500 fell down >50%.
We should take into consideration, that #Bitcoin had so far only positive market conditions and previous #BTC #cycles just were the #elliotwave in #uptrend and we shall enter corrective Elliot wave.
#SPX500 could fall again >50% that would crash #Bitcoin heavily.
It's not investment recommendation !!
SP500 will hit $5600 in 390-420 days. Let's test it!SP500 will hit $5600 in 390-420 days. Let's test it!
The main argument is engulfing the June dump. I think that big money start to push the market up. Negative around global economy on the highest level. So, maybe they see future growth and the end of the problems. The new SEC target is to form a Bull trend in the market. So, maybe they've done it.
Possible Bearish Continuation For Stocks
Following on from my previous stock ideas, I'm expecting a further downswing after the consolidation bounce on most stocks for a Wave 'C' once the bearish continuation symmetrical triangle breaks down
Waiting for directional break currently
DJ:W1DOW
SP:SPX TVC:SPX OANDA:SPX500USD
OANDA:NAS100USD
NASDAQ:NQGM NASDAQ:NQGI
DXY - wide scenarioThe shallowness in the market corresponds to the movements of the dollar, which keeps valuations from mainly consolidating templates.
Due to the current situations in European countries and the increasing turmoil in the US. It may introduce a slight mix in the currency, crypto and commodity markets.
In the event that the US maintains its position and the rest of the mid-sized countries fall into economic problems then we could see relative to the scenarios presented on the chart an exit at the top and gain dollar dominance in the global market.
The second option is to carry this forward in time, consolidate the current movement beforehand and then build a formation that will kick this upward.
Follow the trend and react accordingly. The market could be crazy by the end of the year....
my view on the (tech) marketI still don't think it is over and it can get very bloody. There are a lot of companies affected by the still not perfect again working supply chain on one side and decreasing demand because of cost of living. This will affect the whole hardware and software industrie IMO, even cloud and advertisers (will happen later) and we can alright read that some manufacturers of consumer products have full stocks (graphic card manufacturers for example which get supplied by NV). I think this can take up to one year before we see this everywhere in the tech market. This little dip does not reflect the real impact. Just my point of view, no financial advice.