Huge Potential (profit and game-changer)INS EcosystemOverview
As people's lives are getting busier, they are turning towards technology to make their day to day tasks easier. Online grocery shopping being one of them was $98 billion in 2015 and according to IDG, it is poised to grow to $290 billion in 2020.
Even though convenience is key, cheaper prices can have a huge impact on where and how the consumer shops.
Enter INS ecosystem!
They are creating an ecosystem where suppliers can sell their product directly to the consumer. They want to cut off the middle man, the retailer, who has a markup range of 30% to 50%. This can mean that these savings can be passed onto the consumer.
Consumers can buy products from the platform using Fiat (2-3% card fees), BTC & ETH ( transaction fees) and you guessed it, leads us to the INS token which has virtually no transaction fee. The other payment methods have limited access to loyalty rewards whereas INS holders will be rewarded in full.
That leads us to price and potential price of token!
Currently, a token will cost you $1.29 (22/03/2018 21:37 GMT). When the token was made available for trading, the price was at $4.97 on Jan 12, 2018, quickly rising to $10.93 by 15th Jan 2018. Since then BTC fell and so did this token along with other alt coins. Right now you can buy the token at some discounted prices.
So the potential...
I do believe that if BTC hadn't dropped, this token would have rapidly increased in price. And here are some of the reasons why.
Huge interest from major brands such as Reckitt Benckiser
Pioneers in this industry using blockchain
Price saving for consumer and convenience
Suppliers don't have to deal with retailer bureaucracy
Supplier can reward consumers directly rather than paying for retailer promotions, thereby guaranteeing consumer loyalty.
If they actually manage to pull this off, this will revolutionise the grocery retail industry.
Now, imagine that they manage to pull it off and acquire 1% of the potential grocery market in 2020. That would be $2.9 billion. Now, let's say that their total supply of 50m tokens has been released. That would still put a token at $58 which is nearly 45 times the current value. Also, bear in mind that the suppliers themselves will have to store some of the token themselves to reward the consumers.
Alternatively let's say that they didn't manage to pull this off. Since they have given valid arguments, has interest from major suppliers, listed on major exchanges and hasn't been hyped much, when the hype does actually come, the forecast of $58 could be easily achieved.
Either way I have invested in this token (and no this isn't a paid promotion) as I believe it can provide me a good return on my investment.
Please feel free to share your thoughts on this.
Please do not take this as financial advise. Just my opinion. Do your own research before you do any sort of investment. This is just my analysis of the potential of the token and I could be wrong.
Retail
A stronger USD CPI and Retail Sales Data?
This evening, we have US CPI and Retail Sales numbers. A strong result could give the USDJPY the base to propel off.
However, with a strong data, I would be looking towards EURUSD, to move lower from a breach of the 1.2350 level.
Mixed or weak data from the US and we could see USDJPY plunge towards 106.
USDJPY to continue lower
Expect another round of USDYEN moving lower, pausing at 107, before finding support at 106. However, I would look to get out of a trade before the evening.
This evening, we have US CPI and Retail Sales numbers. A strong result could give the USDJPY the base to propel off.
Mixed or weak data from the US and we could see USDJPY plunge towards 106.
ASCENA Retail, Short Term Roll/Consolidating, ASNAI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock Trader.
For the short term I believe ASNA is rolling. My prediction for the immediate future is it will continue down to one of my two Support lines (either $1.95ish or $1.85ish). Once Ascena hits one of those lines I believe it will bounce and continue its roll back up to a $2.47ish Resistance. If Ascena hits one of the two Support lines I've drawn and bounces up, and the market tone of the main Indexes ends the current retracemet and reverses back to the ongoing Bull trend, I will consider entering an up play.
Retail ripping back higher XRTWe've seen a massive rip in retail with XRP in the last couple days.
Finally breaking out of this 6 month long Head and Shoulders bottoming pattern. Breaking out over that neckine of 42 was the buy signal. Overall, retail is still in a down trend, and that downward trendline from 2015 highs is our target as well as where we should face profit taking and resistance. It is also coincidentally the 200% measured move of the head and shoulders pattern. Those technical levels always work out despite what the nay sayers may tell you.
THE TRADE:
Long over 42 (head and shoulders neck line)
Target 45 (measured mvoe of head and shoulders)
Stop under 42
We want to be buying the dips on this rip until we reach our target.
Going long FL on WednesdayFL is printing a bullish hammer canldestick price bar near the 11/17 gap-up LOD on above average volume with my momentum/trending oscillators confirming the price move. I am going long FL Wednesday morning using a limit order (GTC-BUY-LMT) @ 40.45. I will have two trailing sell stops (GTC-SELL-STP) @ 38.66 and 38.25 to protect my initial invested capital in case FL does not move higher immediately. I am expecting the stock to move up and through its August and May resistance levels with a new 52-week high being the ultimate goal in the intermediate term.
ANF Entry - Significant Shifting at all time lowRecent events in the industry with sector support are spiking several stock in the retail fashion field, ANF is strategically placed in this time and buyers are showing their interest at all-time-low.
For me, there are enough signs to support the attempt to build a position in the stock.
*Already holding in the fashion sector at AEO which also spiked and moved nicely, linking the trade here.
$RADSTOCK SEEMS TO HAVE FORMED SAUCER PATTERN. PRICE HAS BEEN ON A NOSE DIVE SINCE THE START OF THE YEAR AND I HATE TO CALL TOPS/BOTTOMS BUT I LIKE THE STOCK TO RALLY SOON. TIGHT STOPS @ $2.05
PLCE Your BetTechnicals:
Stock jumped 12% following its last quarterly report, but gave up all those gains during the session and continued the descent over the next few weeks. Stock dipped below the 200 DMA, bounced off support at $95, and is now back above the 200 DMA. The overall up trend is still intact.
Fundamentals:
Stock fell about 9% last week on a press release that it was opening stores in southeast Asia. However, the company has a franchise model for its international stores and actually achieves higher gross margins in its international business, which accounts for about 12% of total sales. Hence, the international expansion should be seen as a positive and not a negative.
PLCE has zero debt and it is closing unprofitable stores, growing online sales and investing in inventory technology to improve margins. The company's buyback and dividends yield a 'cash' return of about 9.5%. With sales growth of 3.5%, that's a 13% return! Short interest is at 31% which suggests a potential for a short squeeze if its next quarterly report is positive once again. This is one of only a few retail apparel names that is actually doing well. Same store sales were up 4.9% in the most recent quarter.
Gymboree, a close competitor, just filed for bankruptcy protection amid declining sales comp. This speaks to Children's Place's out-performance.
Bottomline: Buy. I see the stock tracking back up to its previous highs. PT is $123.
Retailers and XRT are going to sell sharply on poor economicsI am very bearish on the United States economy. Retail data has been sliding lower and I expect that to get worse before ti gets better. Plus, on aggregate, one company seems to be taking all the business away from the rest. The others will collectively drag down the industry as more and more consumers switch to online shopping.
I am bearish on XRT and going short and have an extensive article on this .
Is Nike Starting a Bearish Motive Wave? Daily Chart Outlook $NKENike ($NKE) Daily: Nike after enjoying a HUGE run up to this point, appears to be finally catching up to the overall weakness in the retail industry. We can see from this daily chart, that it started to make a series of lower lows and lower highs after posting an all time high in price around December of 2015. The stock could have moved higher after this corrective move, at November of 2016, but instead, resumed another downturn, unable to yet again make higher highs than its previous peak. We can see here that it retraced back 50% of the initial corrective wave (Wave 2, in Green) and is continuing on downward. Now, this can be a large corrective wave, after which Nike can move higher, forming another bullish motive wave, or this can be a start of a multi-year trend reversal and start of a bearish cycle for the company. Key level at this point would be $49, and breaking below would mean the stock has indeed posted yet another lower low, and expected to resume a move lower at that point. As always, keep eye in the RSI and MACD for direction and strengh of price movements.