Atlantia SpA (ATL.mi) bullish scenario:The technical figure Triangle can be found in the daily chart in the Italian company Atlantia SpA (ATL.mi). Atlantia SpA (formerly Autostrade) is an Italian holding company active in the infrastructure sector, including motorways, airport infrastructure and transport services. The group manages 9,400 km (5,800 mi) of toll motorways, Fiumicino and Ciampino airports in Italy and the three airstrips of Nice, Cannes-Mandelieu and Saint Tropez in France with more than 60 million passengers a year. It is listed on the Borsa Italiana and is a constituent of the FTSE MIB index. 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 7 days towards 22.810 EUR. Your stop-loss order, according to experts, should be placed at 22.520 EUR if you decide to enter this position.
Atlantia's long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in the takeover offer launched by the Benettons and U.S. investment fund Blackstone. CRT and GIC own 4.5% and 8.3%, respectively, in the infrastructure group. Benettons' holding company Edizione controls Atlantia with a 33% stake.
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Memestocks
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.
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Cisco Systems (CSCO) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the US company Cisco Systems, Inc. (CSCO). Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products. Cisco specializes in specific tech markets, such as the Internet of Things (IoT), domain security, videoconferencing, and energy management with leading products including Webex, OpenDNS, Jabber, Duo Security, and Jasper. Cisco is one of the largest technology companies in the world ranking 74 on the Fortune 100 with over $51 billion in revenue and nearly 80,000 employees. The Falling Wedge broke through the resistance line on 29/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 69 days towards 50.28 USD. Your stop-loss order, according to experts, should be placed at 38.61 USD if you decide to enter this position.
For the July quarter, adjusted earnings came in at 83 cents per share, down 1% from a year earlier. Revenue was flat at $13.1 billion, including acquisitions.
Analysts estimated that Cisco would earn 82 cents per share on revenue of $12.73 billion.
For the October quarter, Cisco forecast profit in a range of 82 cents to 84 cents vs. estimates of 84 cents. Cisco projected revenue growth of 2% to 4%, compared with projections for flat sales growth.
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CaixaBank (CABK.mc) bearish scenarioThe technical figure Triangle can be found in the daily chart of the Spanish company CaixaBank, S.A. (CABK.mc). CaixaBank, S.A., is a Spanish multinational financial services company. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers, and has the most extensive branch network in the Spanish market. It is listed in the Bolsa de Madrid and is part of the IBEX 35. The Triangle broke through the support line on 29/10/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 12 days towards 2.850 EUR. Your stop-loss order, according to experts, should be placed at 3.5860 EUR if you decide to enter this position.
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BYND quick bounce playKeeping it short and simple. Temporarily removed all indicators, just trendlines and Support/Resistance.
Oversold, pushing upwards, will stabilize a little before the monthly close. Quick 20% is our goal here.
For the meme lords: 39% Float Shorted.
Disclaimer:
I personally am a non-believer of the company. BYND is an absolute shitshow + retarded management so far.
Quick in and out. Manage your risks accordingly.
RAD Q4 buying means 2023 Q2 selling for multiplesThis is chart analysis only, the business fundamentals feel distressed to me however this is a meme stock and it can easily run up
Buying today under $4.20 seems decent but i think there will be lower lows soon
Altria Group (MO) bullish scenario:The technical figure Pennant can be found in the daily chart in the US company Altria Group, Inc. (MO). Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes and related products. Altria is the parent company of Philip Morris USA (producer of Marlboro cigarettes), John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., and Philip Morris Capital Corporation. Altria also maintains large minority stakes in Belgium-based brewer AB InBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker Juul. The Pennant broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 5 days towards 46.63 USD. Your stop-loss order, according to experts, should be placed at 40.35 USD if you decide to enter this position.
Altria will be looking to display strength as it nears its next earnings release, which is expected to be October 27, 2022. The company is expected to report EPS of $1.31, up 7.38% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.65 billion, up 2.15% from the year-ago period.
Digging into valuation, Altria currently has a Forward P/E ratio of 8.75. Its industry sports an average Forward P/E of 8.76, so we one might conclude that Altria is trading at a discount comparatively.
It is also worth noting that MO currently has a PEG ratio of 1.46. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Tobacco industry currently had an average PEG ratio of 1.13 as of yesterday's close.
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Microsoft (MSFT) bullish scenario:The technical figure Flag can be found in the daily chart in the US company Microsoft Corporation (MSFT). Microsoft Corporation is an American multinational technology corporation which produces computer software, consumer electronics, personal computers, and related services. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. The Flag broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 9 days towards 260.20 USD. Your stop-loss order, according to experts, should be placed at 235.20 USD if you decide to enter this position.
Investors will be hoping for strength from Microsoft as it approaches its next earnings release. In that report, analysts expect Microsoft to post earnings of $2.31 per share. This would mark year-over-year growth of 1.76%.
In terms of valuation, Microsoft is currently trading at a Forward P/E ratio of 24.74. For comparison, its industry has an average Forward P/E of 23.21, which means Microsoft is trading at a premium to the group.
Meanwhile, MSFT's PEG ratio is currently 2.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Computer - Software was holding an average PEG ratio of 2.04 at yesterday's closing price.
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NN Group N.V. (NN.as) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the Dutch company NN Group N.V. (NN.as). NN Group N.V. is the parent company of NN Investment Partners and Nationale-Nederlanden. Nationale-Nederlanden is one of the largest insurance and asset management companies in the Netherlands. The Falling Wedge broke through the resistance line on 05/10/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 13 days towards 44.35 EUR. Your stop-loss order, according to experts, should be placed at 38.73 EUR if you decide to enter this position.
NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer's CEO David Knibbe said on the sidelines of the World Economic Forum.
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Unilever (ULVR.l) bearish scenario:The technical figure Rising Wedge can be found in the daily chart in the UK company Unilever PLC (ULVR.l). Unilever plc is a British multinational consumer goods company. Unilever products include food, condiments, ice cream, cleaning agents, beauty products, and personal care. Unilever is the largest producer of soap in the world, and its products are available in around 190 countries. The Rising Wedge broke through the support line on 04/10/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 31 days towards 3 647.00 GBp. Your stop-loss order, according to experts, should be placed at 4 178.00 GBp if you decide to enter this position.
In the first half of 2022, Unilever's growth accelerated again as its robust sales in the U.S., India, and other markets easily offset its lockdown-induced disruptions in China. It also raised its prices to offset the impact of inflation. For the full year, it expects underlying sales to grow by more than 6.5%.
Unilever's underlying earnings per share (EPS) rose 5.5% in 2021, but grew just 1% year-over-year in the first half of 2022 as the inflation and currency headwinds squeezed its margins. It expects its underlying operating margin to decline about 240 basis points to 16% this year.
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Qualcomm (QCOM) bearish scenario:The technical figure Descending Triangle can be found in the daily chart in the US company Qualcomm (QCOM). Qualcomm is an American multinational corporation. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards. The Descending Triangle broke through the support line on 30/09/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 80 days towards 98.71 USD. Your stop-loss order, according to experts, should be placed at 152.81 USD if you decide to enter this position.
Looking at its valuation, Qualcomm is holding a Forward P/E ratio of 9.6. For comparison, its industry has an average Forward P/E of 17.45, which means Qualcomm is trading at a discount to the group.
It is also worth noting that QCOM currently has a PEG ratio of 0.61. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. QCOM's industry had an average PEG ratio of 1.81 as of yesterday's close.
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DWAC: Time for a bounce? Monster chart setup. Looking ready for a bounce. Merger vote delayed until early December.
Will history repeat itself?
I think so.
Happy Trading,
Ono.
GME moment of truth -- will the Algo break the trendline??GME algo is in full control, as you can see from the two upward blue channels that follow with a sharp drop.
The good news is that the upward orange trendline has held on 3 separate occasions now -- Feb '21, May '22, and Sep '22.
This signifies that while the algo remains mostly in control, the lows aren't as low as they could be because DRS diamond hands are holding the line.
The moment of truth will come within the next couple weeks, as the algo goes for the "mega drop", similar to what we saw in January when we went from $40 to $20.
If we're lucky, we will mimic the movement of April '20 before the sneeze, where the price temporarily dropped below the trendline and back into it, igniting the squeeze in just a few months.
So I'd expect a quick drop below the channel to the $15-20 range and back into it shortly thereafter.
If this happens, MOASS is most definitely imminent within the next 3 months.
However, if it doesn't bounce back into the channel, MOASS would be delayed and a new trend would most likely take shape over the next 6 months or so before we can make any real judgement. At that point, we'd be totally dependent on DRS numbers sucking out liquidity before we saw anything really reminiscent of MOASS.
AVYA Pivot $ Levelwe need to hold above our current ascending live in order to confirm the bullish momentum and ugh breakout around the 2.70$, and then going towards the 3.90$.
if we didn't hold above our ascending live , we going to test our bottom for this month above the 1.14$.
Target Corporation bullish scenario:The technical figure Triangle can be found in the daily chart in the US company Target Corporation (TGT). Target Corporation is an American big box department store chain. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. The company has found success as a cheap-chic player in the industry. The Triangle broke through the resistance line on 08/09/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 31 days towards 189.83 USD. Your stop-loss order, according to experts, should be placed at 157.25 USD if you decide to enter this position.
Target announced Wednesday that Brian Cornell will remain CEO for approximately three more years after the company's board voted to eliminate a retirement policy that could have forced his exit.
Cornell, 63, has led Target since 2014. Since coming on that year, Target's share price has more than doubled — and at one point was up more than 400%.
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Meliá Hotels (MEL.mc) bearish scenario:The technical figure Descending Triangle can be found in the daily chart in the Spanish company Meliá Hotels International, S.A. (MEL.mc). Meliá Hotels International, S.A. is a Spanish hotel chain. The company is one of Spain's largest domestic operators of holiday resorts and the 17th biggest hotel chain worldwide. Domestically in Spain the company is the market leader in both resort and urban hotels. Currently the hotel chain operates 374 hotels in 40 countries on 4 continents under the brands Meliá, Gran Meliá, ME by Meliá, Paradisus, Innside by Meliá, TRYP by Wyndham, Sol Hotels and Club Meliá. The Descending Triangle broke through the support line on 08/09/2022, if the price holds below this level, you can have a possible bearish price movement with a forecast for the next 42 days towards 4.586 EUR. Your stop-loss order, according to experts, should be placed at 6.560 EUR if you decide to enter this position.
A venture of Falcon’s Beyond and Spain’s Meliá Hotels is merging resorts and entertainment, hoping to lengthen guest stays and spending.
A major European hotel operator and an Orlando, Fla.-based entertainment company are starting two new brands that will add theme parks and other entertainment to resort properties, the latest effort to cash in on what the hospitality industry calls “resortainment.”
Meliá Hotels International SA, a Spanish lodging chain with 380 hotels across nearly four-dozen countries, and its joint-venture partner, Falcon’s Beyond Global LLC, will build attractions such as interactive theaters, virtual-reality games and minigolf at existing Meliá properties.
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Roche Holding AG bullish scenario:The technical figure Triangle can be found in the daily chart in the German company F. Hoffmann-La Roche AG (ROG.vx). Roche is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics. Its holding company, Roche Holding AG, has shares listed on the SIX Swiss Exchange. Roche is the fifth largest pharmaceutical company in the world by revenue and the leading provider of cancer treatments globally. The Triangle broke through the resistance line on 07/09/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 10 days towards 333.65 CHF. Your stop-loss order, according to experts, should be placed at 311.75 CHF if you decide to enter this position.
Roche announced the launch of the Digital LightCycler System, Roche’s first digital polymerase chain reaction (PCR) system. This next-generation system detects disease and is designed to accurately quantify trace amounts of specific DNA and RNA targets not typically detectable by conventional PCR methods.
The Digital LightCycler System will allow clinical researchers to divide DNA and RNA from an already extracted clinical sample into as many as 100,000 microscopic individual reactions. The system can then perform PCR and produce highly sophisticated data analysis on the results.
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ThyssenKrupp AG bullish scenario:The technical figure Triangle can be found in the daily chart in the German company ThyssenKrupp AG (TKA.de). ThyssenKrupp AG is a German multinational conglomerate with focus on industrial engineering and steel production. The company claims to be one of the world's largest steel producers; it was ranked tenth-largest worldwide by revenue in 2015. It is divided into 670 subsidiaries worldwide. In addition to steel production, ThyssenKrupp's products range from machines and industrial services to high-speed trains, elevators, and shipbuilding. Subsidiary ThyssenKrupp Marine Systems also manufactures frigates, corvettes, and submarines for the German and foreign navies. The Triangle broke through the resistance line on 03/09/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 20 days towards 6.964 EUR. Your stop-loss order, according to experts, should be placed at 5.374 EUR if you decide to enter this position.
Company debt is a non-issue for ThyssenKrupp. The company has over €8B in available liquidity of which €6.5B is in Cash and equivalents, which is almost 2X the company's total liabilities gross of leases. What's more, these maturities are well-laddered going beyond 2025-2026.
Fundamentally speaking, there are no immediate cash dangers to the company. Yet the chaotic nature of the past 10 years makes the company's low credit rating completely understandable. Still, ThyssenKrupp is a leading material processor and service provider across the western world.
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$SHIB or $LUNA? Best gamble trade to be taking today. 🚨⚠️🚀💩A month ago this idea wouldn't have even been a thought in anyone's mind. However the recent super-crash of $LUNA has put it in the same risk-category as any sh** coin. IMO $SHIB will have some opportunities coming for anyone who would like to trade the retail hype. At the same time I personally believe that $LUNA has become somewhat of a "meme-coin" itself at this point, however more like a "meme-stock" with massive pump-potential. (Should things play out in the right way) Because of this, I have charted the performance of $SHIB vs. the performance of $LUNA. It seems that $SHIB will be somewhat battling against $LUNA for the immediate future, but will then be overtaken, with a possible massive rise in performance by $LUNA against $SHIB. This could also turn out to be a nice "double-play", as a trader COULD POSSIBLY use this ratio to make more $SHIB (if $SHIB stays lower while $LUNA rises) then sit in that $SHIB position until a take-profit level is hit by $SHIB.
**This is all my own personal opinion, based on chart data. Not Financial Advice**
BASF SE (BAS.de) bullish scenario:The technical figure Triangle can be found in the daily chart in the German company BASF SE (BAS.de). BASF SE is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. BASF has customers in over 190 countries and supplies products to a wide variety of industries. The Triangle broke through the resistance line on 03/09/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 20 days towards 45.93 EUR. Your stop-loss order, according to experts, should be placed at 40.21 EUR if you decide to enter this position.
BASF stock should be very attractive to investors, given its recent performance. In a macroenvironment where costs are eating into the bottom line of every company, the firm managed to buck the trend. Sales reached 23 billion Euros in Q2, increasing by 16.3%. Net income increased by an even greater 26.3%, reaching 2.1 billion Euros. The strong quarterly results led BASF to increase sales guidance to between 86 to 89 billion Euros for 2022.
CEO Martin Brudermuller succinctly summarized the situation, “Despite the continued high raw materials and energy prices, we again achieved strong earnings in the second quarter.”
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