Inverse Head and Shoulders on PSNY?Inverse Head and Shoulders on PSNY? 🚀
Is PSNY finally gearing up to move? The stock’s been like a "stablecoin" lately 😂.
Rumors suggest Polestar 3 and 4 sales are over 1,000 vehicles!?! Haha, super bullish!
Manufacturer
Volkswagen, Stellantis, BMW, Mercedes (automobile): The automotiVolkswagen, Stellantis, BMW, Mercedes (automobile): The automotive industry is undergoing a transition to electric vehicles. These companies hold strong positions, but they need to successfully navigate this transformation against competitors like Tesla and Polestar (lol).
Rewards
Trading at 79.2% below estimate of its fair value
Earnings are forecast to grow 6.14% per year
Earnings grew by 24.2% over the past year
Trading at good value compared to peers and industry
Risk Analysis
Debt is not well covered by operating cash flow
Dividend of 9.77% is not well covered by free cash flows
UHR - Swatch Group - the stock has only been decimated for monthTrading at 41.2% below our estimate of its fair value
Earnings are forecast to grow 18.29% per year
the stock has only been decimated for months and months!
Swatch Group presents a compelling investment opportunity with Omega as the official sponsor of the Olympics, enhancing global visibility and prestige. Additionally, collaborations with renowned brands like Blancpain and Omega highlight their innovative approach. Tissot watches are also performing well in the market, reflecting strong consumer demand. Investing in Swatch means being part of a dynamic and successful portfolio in the luxury watch industry.
"SWIM: Double Bottom Breakout Signals 80% Return Potential!"SWIM Stock: Double Bottom Breakout Signals Potential 80% Returns in Producer Manufacturing Industry
SWIM stock, a prominent player in the producer manufacturing industry, is on the brink of a significant breakthrough as it forms a double bottom pattern. With the potential for a breakout back to $4.70, investors could see returns of up to 80%. While still in an accumulation phase, $4.70 is expected to act as a take-profit zone before a likely retracement for re-entry amid sideways movement. Let's explore the dynamics of SWIM stock and the opportunities it presents in the manufacturing sector.
Understanding SWIM Stock and Latham Group, Inc.
SWIM, or Latham Group, Inc., operates as a designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools, pool liners, and pool covers. The company was founded on December 6, 2018, and is headquartered in Latham, NY. With its strong focus on quality and innovation, Latham Group has established itself as a leader in the industry, catering to the needs of residential customers across multiple continents.
Anticipated Double Bottom Breakout
SWIM stock is currently exhibiting a double bottom pattern, a bullish technical formation that suggests a potential reversal of the downtrend. The breakout from this pattern could propel the stock back to $4.70, offering investors significant returns of up to 80%. This bullish outlook is supported by the current chart setup.
Strategic Accumulation Phase
Despite the potential for a breakout, SWIM stock remains in an accumulation phase, indicating ongoing investor interest and accumulation of shares at lower price levels. As the stock approaches $4.70, investors may consider strategically accumulating shares in anticipation of the breakout and subsequent price appreciation.
Take-Profit Zone and Retracement Strategy
While $4.70 is anticipated to serve as a key resistance level and take-profit zone, investors should exercise caution and consider scaling out of their positions to lock in profits. Following the take-profit zone, a retracement may occur, presenting an opportunity for re-entry as the stock consolidates sideways. Prudent investors may utilize this retracement to strategically add to their positions and capitalize on future price movements.
Conclusion: Capitalizing on Manufacturing Sector Opportunities
In conclusion, SWIM stock presents a compelling opportunity for investors in the producer manufacturing industry as it prepares for a potential double bottom breakout. With the potential for significant returns and strategic accumulation opportunities, investors should closely monitor SWIM stock's price action and consider deploying capital strategically to maximize returns in the dynamic manufacturing sector.
LCID | Time to Ride High | OversoldLucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers, and builds electric vehicles, EV powertrains, and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.
RIDE | Incoming Bounce | OVERSOLDLordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers. The company was founded in 2019 and is based in Lordstown, Ohio.
Volkswagen (VOW3.de) bullish scenario:The technical figure Triangle can be found in the daily chart in the German company Volkswagen AG (VOW3.de). Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturer. The company designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies. The Triangle broke through the resistance line on 02/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 9 days towards 141.98 EUR. Your stop-loss order, according to experts, should be placed at 125.40 EUR if you decide to enter this position.
VW reported $4.3 billion in third quarter operating profit. Wall Street was looking for $4.5 billion. Shares are down 3.8% in overseas trading.
Financial guidance hasn’t changed, but delivery guidance has. Back in July, Volkswagen believed total deliveries in 2022 would rise 5% to 10% compared with the 2021 total of 8.9 million units. Now the company expects 2022 deliveries to be the same as 2021. Supply chain constraints are to blame.
Despite that headwind VW’s EV business continued to expand in the quarter. Battery electric vehicles amounted to 6.8% of total VW deliveries. Year to date, VW has delivered 366,400 EVs, up from 293,000 delivered in the same period of 2021. China accounted for 112,700 of those 2022 EV deliveries. VW’s Chinese EV sales are up 139% so far in 2022 compared with the same span of 2021.
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.
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.
Ocean Bio-Chem, quite suspicious Almost 50% below its August high.
55-period EMA flattening out.
Low volume for months.
Resistances at $14, $17 and $22.
In support around $11.
Backed by Renaissance Technologies, Vanguard, Bank of Montreal, and BlackRock.
"OBCI is a leading manufacturer and distributor of maintenance and appearance products for the marine, automotive, recreational vehicle and home care markets throughout North America. The corporate headquarters is located in Fort Lauderdale, Florida; the company's manufacturing and distribution facility is located in Montgomery, Alabama."
NASDAQ:OBCI
Fonar Corp. in a good entryIt seems to me that it is looking for a reversal.
The price has already been rejected 2 times by touching its EMA.
It has resistance at $19.5 - 20.
30% below its August high.
It can go as high as $25.
"Fonar Corporation designs, develops, manufactures, and sells magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human disease."
NASDAQ:FONR
Ford making me change my mindFord with a nice impulse it appears. Guessing we will have a correction soon for this wave.
SHLO SupportI haven't changed anything since the last time I published this chart. I just want you to see.... SHLO is NOW creating a support at 1.30 on the daily chart. You can see on the 4H chart the EMA is starting to curve bullish. Right now would be a great time to get in again before the next pump up. This stock in particular moves a lot like auto makers aka Ford (F) which has also been falling the past few days. It still has room to rise though.
$NIO brokeoutNIO broke out the buying point yesterday and hit the resistance of $5.65. TP1 and TP are shown on the chart
12 months Consensus Price Target: $3.74
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
TESLA $TSLA "cup w handle"It is forming cup w handle. needs to break $870 out with high volume to confirm the pattern
If you find my charts useful, please leave me "like" or "comment".
Thx
A lot of downside for Tesla in 2018Most important catalysts: Tesla will likely raise more capital further diluting the stock. Competition for electric vehicles will increase in 2018.
I'm not shorting the stock but maybe i will buy some put options.
