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EQUINOR (EQNR) | Important Signs For Further Growth!Hi,
Equinor ASA , an energy company, explores for, produces, transports, refines and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally.
Fundamental pros:
1. Trading below its fair value.
2. Good PE and PEG ratio.
3. Earnings are forecasted to grow.
4. A lot of insider buying.
Technical pros:
The correction, which started at the end of 2018, has started to show some positive signs for further growth.
1. The price has made a breakout from the down-trendline aka counter-trendline. Counter-trendlines breakouts are a pretty powerful tool to follow, especially when we have a really strong starting platform as Equinor has it at the moment.
2. Actually, the price made a breakout a couple of weeks ago and it has already retest it and again, it got a rejection upwards - the trendline which worked previously as resistance becomes support.
3. The trendline starts to work as support and there are also Weekly EMA 200 and Monthly EMA 50 which also should act as support levels.
So, we have a pretty solid support level under the current price which is very good considering the breakthrough the counter-trendline.
To show that mentioned "strong starting platform", we have to dig into the Monthly timeframe:
The price got a pretty amazing rejection from a super-strong price level, it stays between ~150-160. A lot of criteria matched almost perfectly (strong support, AB=CD, Channel projection, Fibonacci golden ratio, EMA) and the rejection formed the strongest candlestick pattern ever lived (massive hype :D) - Monthly timeframe "Morning Star" has formed around the strong area!
It depends on your investment horizon but the good entry should stay between the current price, 173, to 160 (in case it makes a tiny correction) but as said previously - luckily we have strong support just below the current price. The first target is around the psychological number 200 which should offer us about 17-20 percent profit.
Do your own research and if this matching with mine then you are ready to go!
Please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Best regards,
Vaido
Strong sell signal on Facebook (17$ possible drop)Facebook has all the classifications of a Primed Traders sell signal... a contraction leading to a key DC resistance supported by a over-bought RSI.
All the necessary details are in the chart. The trade has been executed on our Shares only account:
- 50 shares sold at 208.14 price
We will update as price moves,
The short term market consensus for BAE Systems Plc have change The short term market consensus for BAE Systems Plc have change to Bullish
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
In light of the above trend analysis we will execute a bullish trade on BAE Systems Plc.
Trade #1:
Global Entry Signal For Trade #1: Buy @ $5.77
Global Trailing Stop Loss Trade #1: @ $5.1358
Global Target Profit Trade #1 : @ $17.1906
Trade #2:
Global Entry Signal For Trade #2: Buy @ $6.4092
Global Trailing Stop Loss Trade #2: @ $5.1358
Global Target Profit Trade #2 : @ $17.1906
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3 & #5. View updates
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The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
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The short term market consensus for KDMN have change to BullishThe short term market consensus for KDMN have change to Bullish.
In light of the above trend analysis we will execute a bullish trade on KDMN
Global Entry Signal For Trade #1: Buy @ $4.9500
Global Trailing Stop Loss Trade #1: @ $2.92
Global Target Profit Trade #1 : @ $20.30
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #6.
TLRD [NYSE] Tailored Brands long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
UBER could be the rally of 2020After a bad IPO and falling stock price, we might finally be seeing a bottom at the end of the year. Overall, UBER had a very disappointing year, not to mention license problems in London and cases of sexual assaults. As 2020 starts big investors will be looking to invest in cheaper stocks and hold for the year. After a big sell this year, UBER looks attractive as a cheap investment. Of course there is a chance that the stock could become even cheaper before investors jump in, but there are always stocks in the beginning of the year that start rallying.
Current price target of big banks and hedge funds ranges between $26 and $64, giving the median of $44. So stock expected to jump almost 50% from its current price.
Average revenue expected to grow from $14.16 billion in 2019 to $18.51 billion in 2020.
EPS still expected on the negative side but significantly less. Current estimate is -2.34 for 2020. This year the estimate is -6.59.
On the technical side, currently trying to break through the trend line and 200SMA. A break to the upside can be traded but small risk as we are still not forming new highs, which means sellers are stronger for now. The break of level $30 is a better confirmation for a long trade. We have evidence for a long position if we get confirmation. Of course, a lot depends on the fundamentals but technicals show promise.
Good Luck!
Canopy Growth Corporation inverse head and shouldersWhile we are not seeing divergence on RSI, recent bullish news in cannabis industry are gearing up buyers for 2020. Current resistance is a good confirmation level for a buy. Targeting 30, stop below the recent swing with a buffer of your choice.
Good Luck!
Sainsbury's snap election tradeWith Snap election on December 12, Sainsbury's offers great opportunity. As the company gets all of it profit in UK, it is very exposed to the election results.
Since Conservative win is considered good for Brexit progress, UK stocks expected to rise on it. Results will be released around 2am on Friday.
So far the polls suggest that Boris should win.
Good Luck!
ROKU had a great year!ROKU has had one of the best rallies in the stock market this year so far. With amazing performance thanks to investors' interest in digital streaming services and many giants, like Apple and Disney, joining the streaming community this year. Year to date stock is 344.09% up and 233.18% of that is since January.
Recent sell off in the price of the stock this week comes from analysts changing opinion on the stock target price. Sell off on Monday came from the Morgan Stanley's downgrade of the stock to 'Underweight' and lowering price target to $110.
Five-star analyst Benjamin Swinburne tells investors that his downgrade wasn’t spurred by Roku’s growth prospects, which he remains bullish on, but rather the risks that he doesn’t believe are built into the current share price.
On Tuesday though the stock went up and almost started closing the gap after Needham analyst Laura Martin raised her price target to $200, citing this as a great opportunity to buy the gap.
On the technical side, we see price struggling slightly to reach all time highs again, and wave analysis showing the potential correction in process. Price today closed just before the gap and 200SMA on 1 hour.
A break is a buy signal, potential to close the gap is there but expecting the price to reverse and sell again.
With end of the year approaching, investors will be collecting money on their positions from January, this could cause additional selling pressure if buyers start to collect and close positions.
Good Luck!
Wall Street Surprised by Dollar Tree NewsOn Tuesday, the news thundered, which surprised everyone, who has at least something to do with Wall Street. Dollar Tree stocks are falling.
At the moment, shares have fallen by 13%, which is an unprecedented loss for the company. Forecasts for the near future are the most disappointing. Nevertheless, the level of the falling is kept at the indicated level, which gives hope for an improvement of the situation, but will this hope be justified?
Today you can buy a share of this company for $1.08, which is a very low price. It was expected that in the same period, the value of the share will be at least $1.13. But the forecast wasn’t destined to come true.
An interesting fact is that both company networks (Dollar Tree and Family Dollar) increased sales by as much as 2%. But despite the joyful indicator, the situation is not so unambiguous, because in Family Dollar the margin fell. The products of these networks have some differences. For example, Family Dollar also sells goods at lower prices, which accounts for a significant share of the presented products. But be that as it may, the total net income decreased by 1.7% year on year, which makes us think.
Despite the fact that Dollar Trey isn’t so lucky this period, the revenue amounted to approximately $5.74 billion. At the same time, the expected revenue at better indicators should have amounted to $5.75 billion, which in fact isn’t such a big difference.
Recently, distribution costs have increased. Following the direct, obvious logic, we can understand that it was the increase in transportation prices that caused an increase in prices for goods. For the same reason, sales of goods that have lower margins have increased in order to patch up financial holes in other areas.
There have also been personnel shifts. The staff has been reduced, which isn’t a good sign. The company is forced to take drastic measures to stay in difficult times. However, in order to minimize financial losses and quickly return to the previous level, the company has everything that is needed.
But if we look at the Dollar Tree and its successes over the past year, then we will see that the company is developing quite rapidly. This year its shares rose 24%. There is a pretty good result. But how did they do it? The secret is very simple.
Dollar Tree investors supported all sorts of aggressive steps by the company, in order to maintain and increase the profit of the Family Dollar. Surprisingly, the aggressive strategy worked more than successfully, thanks to which we can observe tremendous growth in the company's shares. Some shops had to be closed, and some were rebranded, which benefited them. How did it happen? It attracted new customers and formed a new circle of interests that led to an increase in profits.
At the end of this quartile, the company has more than 7.800 locations. This number does not allow full rebranding, but the process is already running. The first steps definitely brought excellent results, so the company further plans to adhere to this strategy, hoping for improvements in its own position. And the company has every chance to achieve its goal, despite the recent fall in stocks, which was also caused by the aggressive policy of the company.
Surprisingly, the same strategy, under different circumstances, can lead to different results. It’s important to remember this when working on your own strategy. Nevertheless, it’s very difficult to predict the exact outcome in the modern market with its wars, because sometimes the income depends on factors that can hardly be predicted, so every businessman needs to be extremely vigilant. But all of us know that sometimes it’s impossible.
A quarterly forecast from the company has recently been released. This forecast can be called very optimistic because an increase in the value of the share is expected from $1.70 to $1.80. And yet, Wall Street had expected stock prices to be significantly higher. According to their forecasts, the share price should be $2.02. As it turns out, it will become known very soon, and therefore you just need to be patient and wait for the opportunity, because the current situation was very ambiguous, which means it is too early to draw conclusions.
And yet, in the fourth quarter of this year, an increase in the value of goods sold by $19 million is expected, which equals $0.06 per share.
And yet the main event happened today at 8:46 a.m. at the premarket. It was at this moment that the shares of the company fell by 13%.
Will the company continue to pursue the aggression strategy and will it help overcome difficulties? Will it continue to fall, and can one find profit in this fall? It’ll become obvious for most businessmen very soon. But while all this is only in the process, the most astute take risks and win, while others read about how others have achieved success.
Canopy Growth Corporation updates planAfter setback in the cannabis industry and lack of liquidity, we had a slump in stocks. Now it seems 22 is a strong resistance level.
Earlier entry is possible on the close of the recent gap.
Good Luck!