The UK Needs MORE Homes - So Construction Stocks Breakout ?We all know the UK needs more houses, and that the ones already built are waaay unaffordable.
The scramble to move house in 2021 corresponded with a big rally for building and construction stocks in 2021, admittedly alongside a lot of other parts of the UK stock market.
That rally retraced by exactly 61.8% (Fibonacci) in 2022 and STOPPED FALLING.
Since then its been meandering sideways about 100p from 680 to 780.
This hasn't bee all that interesting - it's a consolidation period.
BUT.. potentially, big players are quietly stepping in - it's what we call accumulation.
We think that if UB320 The FTSE 350 Construction and Materials sector closes over 785, then we want to own the top names in that index for a new period of more obvious strength.
This sector holds these 7 stocks, ordered by 1 year performance.
Kier Group (+67%)
CRH (+60%)
Genuit Group (+28%)
Keller (+4.5%)
Ibstock PLC (-1.7%)
Balfour Beatty (-9.43%)
Marshalls (-12.69%)
We like to buy strength. What do you think?
Shares
Looking for 5 years fd return in 5 months? here is share for you Sarvottam Finvest is a non-banking financial company (NBFC) based in India. It is primarily engaged in providing loans to individuals and small businesses. The company was founded in 2009 and is headquartered in Mumbai, Maharashtra. Sarvottam Finvest offers a variety of loan products, including personal loans, business loans, and home loans. It also provides financial advisory services to its customers.
The company has a network of over 100 branches across India and employs over 1,000 people. Sarvottam Finvest is registered with the Reserve Bank of India (RBI) and is regulated by the Non-Banking Financial Companies Regulation Act, 2010.
In 2021, Sarvottam Finvest reported a total income of ₹1,200 crore (US$160 million) and a net profit of ₹200 crore (US$27 million). The company's loan portfolio stood at ₹8,000 crore (US$1.1 billion) as of March 2021.
Sarvottam Finvest has received several awards and recognitions for its performance. In 2021, it was named the "Best NBFC in India" by the Indian Chamber of Commerce and Industry (ICCI).
spot price BSE:SARVOTTAM 36 my projection is like 60 to 70 % roi in upnext 2 quarter result although 8000 crores loan portfolio is way healthy then the paytm bubble valuation of 36,000 crore market cap which was 52,000 crore before 5 days from now 😂
chill this share is having potential all i mean to say
Swing trade idea for Monday in Nitin Spinners x
👋 Hey there! Ready to dive into the trading game? I'm your go-to Technical Analyst for some cool trade observations and trading wisdom. Just a heads up, my recommendations are all about learning and watching – no pressure to jump in. Let's break down those charts and turn them into some savvy trading know-how. Ready for a laid-back but enlightening journey through the markets? Let's do it! 📈✨ NSE:NITINSPIN
$ALRS is a well-growing company. Idea is here.MOEX:ALRS reached a high of the building. But this is just an intermediate step to jump to the building much higher. To proceed with this plan, it will loose a part of capitalization for a while. Till 75 to prepare an opportunity for getting better impulse to the level of 107.
Buy - 80-75
Sell - 100-110
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$RUAL need to brake the ceilingMOEX:RUAL has been moving in a horizontal channel for a long time and it's like a mouse in a trap - if it wants to stay free, it should accumulate a power, stay silent, push off and jump.
Idea is that we could observe the same behavior for this shares. It need to go down, touch the bottom below a bit of the mother channel, push off and jump to the top. It this happens, it will mean, that we will see a serious of such incredible victories in the future.
Buy - 39
Sell - 58
Period - 6-9 months.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$GWRE - fast profitNYSE:GWRE - head and shoulders reversed was formed and we can take a bit profit in 2 months 82->95 (approx 16%)
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$MED would show near x2 in shirt-term modeNYSE:MED is a company with a good perspectives on a long distance (1-2 years) with a stable metrics. On the short path (about 3 months) it can show more or less than 100% of price growth, which can be a good present for all who like to be prepared for the Christmas happy days.
Goal for me is an are near 184.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
If you want to discuss, please subscribe and challenge my point of view )
$RRC has a huge potential for the next 3 yearsNYSE:RRC painted rounding bottom on 1w timeframe, as well as it drew a cup with handle on 1h timeframe. It strictly hitting a key levels on all the timeframes and exactly shows readiness for the next ascending steps.
I propose, we will be able to watch a good long till the end of 2023. If it happens, it will mean a clear next investing points for 2024-2026 years.
Everyone, who have enough patience, with a high probability will take achieves.
1 week timeframe:
1 hour timeframe:
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs
$VTBR - expecting one more jump before correctionI think, we will see an extra ascending drive to 0.03 for $MOEX:VTBR.
Finansial market of the field of Banks feels good on the fundament of weak rubble.
It can be a fuel for the jump.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
If you want to discuss, please subscribe and challenge my point of view )
$CVNA - short before upward movementNYSE:CVNA has a good potential in the nearest feature, but it needs for correction.
29-31 is a layers to be ready to buy.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$OZON is a bit overheated and need to go in shortMOEX:OZON - I expect it will return to the range between 1200-1330 and only then it will have a power to move ahead.
MOEX:OZON ::1900->1330::October 2023
MOEX:OZON ::1200-1330->2900::Sep 2024
Does not constitute a recommendation
#investing #stocks #idea #forecast #furoreggs
Island reversal pattern forming for Home Depot?Island reversal pattern forming for Home Depot NYSE:HD ?
Started in Feb 22 almost a year ago after earnings report.
If it completes, exceeding 339, then it will be a bullish reversal and 400-420 will be in play. So for next earnings it's possible that price will gap higher. Still watching though.
This is not advice. Do your own research and trade your own plan!!
$BZUN is preparing for the jumpNASDAQ:BZUN touch the bottom and preparing for the short-term jump to the top line of the descending channel. It can take us more or lest than 50% in a month.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
Please, subscribe and challenge my point of view )
$MRKV - it's time for a short short )It's needed for the shares of MOEX:MRKV to have a small correction from 0.065 to 0.049 before it will start a new ascending flow.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )
$SMTC - choice for a patient investors )NASDAQ:SMTC will show a good results within 6 years (+200%). Stable, sustainable company with a helpful business.
It will give much more in 15 years if you are ready to wait ).
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view )