$ANF showing excellent "Buy and Ride" signsWith the indices showing solid signs that they might continue their bullish run and ANF being at solid support I think right now might be one of the best prices to buy into this.
Of-course lower lows could come and the pattern could fail... we cannot decide which setup with be the winner and which the loser.
I didn't add an SL here as I bought the stock on revolut physically. This is a buy and hold for now.
Stockanalysis
Great Buy with FISV for potential 10%+ ReturnFISV offers a great dip buy opportunity for a minimum 10% return. FISV has been on a strong upward trend for the past several years and will continue on this trend because of solid fundamentals.
FORDI'm looking at ford as a long term buy here, with this being election year and all the drama happening between left & right coupled with coronavirus scares this entry may actually be the bottom of a multi year bear trend in ford. Also a new COO coming to the coming looks like the falling wedge is pointing at a little over $6
WARTSILA CORPORATION | A Little Positivity And It Can Do 20%+Hi,
Wärtsilä is a Finnish corporation which manufactures and services power sources and other equipment in the marine and energy markets. The core products of Wärtsilä include technologies for the energy sector, including gas, multi-fuel, liquid fuel, biofuel power plants, energy storage systems and technologies for the marine sector, including cruise ships, ferries, fishing vessels, merchant ships, navy ships, special vessels, tugs, yachts, and offshore vessels. Ship design capabilities include ferries, tugs, and vessels for the fishing, merchant, offshore and special segments. Services offerings include online services, underwater services, turbocharger services, and also services for the marine, energy, and oil and gas markets. At the end of June 2018, the company employed more than 19,000 workers.
Keep an eye on Wärtsilä because technically it has reached to the possible bounce area. It is a bit mixed because fundamentally it is not the best - operating profit decrease, some bad coincidences and etc.
Let's see, how and if they would recover from it. If they do, then technically it is a perfect platform to make a bounce upwards because as said, technically this levels is pretty strong:
1) Monthly EMA200 should act as a support
2) Inside the marked area are 4 yearly highs, which now should act as support levels
3) 2x Fibonacci retracement 62%
4) The price has fallen from the all-time high to the golden pocket 47%-53%. Pretty often stocks make some kind of bounces just after they have reached inside the mentioned pocket.
All-time high ~20, current price ~10
5) The round number 10.000 and this is the key level.
10.00 is the key level because the plan starts to work right after we have seen a Weekly candle close or a Monthly candle close above of it!
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Regards,
Vaido
GLOBAL FINANCIAL ENGINEERING SWING TRADING STRATEGY FOR WUOur 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 Western Union
Global Entry Signal For Trade #1: Buy @ $20.35
Global Trailing Stop Loss Trade #1: @ $18.88
Global Target Profit Trade #1 : @ $35.00
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.
Check updates
---------
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.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
--------------------------------
NASDAQ Technical analysisFor weeks, stock investors have been riding the waves of positive chatter on the trade deal, better-than-expected earnings, and a third rate cut by the Fed, to record highs. But please remember that it’s a two-sided game. The same events that drove indexes higher may be signaling they are ready to take back some of those gains.
Looking ahead notable earnings reports today include Lowe’s and Target.
Speaking technically, a sustained move above 8,340 will indicate the presence of buyers. This could trigger a rebound rally later in the session with the first target 8,360.00. This is a potential trigger point for an acceleration to the upside.
A convincing move under yesterday's low 8,308.30 and the trend line of support will signal the presence of sellers. The first target is 50-day SMA on 4-hour chart at 8,119.4. A clear break under it will change the main trend to down. This could trigger a further break to the next bottom around psychological 8,000 support. Take in mind, that there also is located Ichimoku cloud.
Our advice is to start looking for value areas and to try to avoid investing on the fear that you are going to miss a major rally. Signs of slower consumer spending, a pause in rate cuts and unstable trade negotiations are not reasons to chase stocks higher.
Good buy with DGAZ for 12% ReturnGood swing trade on DGAZ for a 12% return as it looks like it will bounce off of the 1 hour EMA. DGAZ has been on an upward trend on the 1 hour graph.
Today’s Stock Pick: BBT Sept 23, 2019The stock price just bounced from its new support after broke above its previous resistance around $52. Probably the price would reach $56 within several trading days.
Apple Receives $14B Tax Order From EURecently, Apple received an order from the European Union to pay 13 billion euros ($14 billion) in back taxes. And then, the tech giant launched a legal challenge against the 2016 ruling.
Moreover, the U.S. company cited that the executing European Commission is using its authority to fight state aid to retrofit changes to national law. In effect, trying to alter the international tax system, and it is starting to create legal uncertainty for businesses.
The six-strong delegation to the court, led by Chief Financial Officer Luca Maestri, will have five judges. And they will hear the arguments of both sides, as well as Ireland, Poland, Luxembourg, and the EFTA Surveillance Authority, over two days.
Daniel Beard, a lawyer of Apple, stated that the Commission wanted the iPhone maker firm to attribute all of its profits from all its sales outside America. And put it in the two branches in Ireland. “The activities of these two branches in Ireland simply could not be responsible for generating almost all of Apple’s profits outside the Americas,” he said.
Apple Vs. EU
Furthermore, the Commission cited in its decision about the 0.005% tax rate paid by the main Irish unit of Apple in 2014. However, Beard quickly dismissed the criticism by saying the regulator was just probing for headlines by quoting tiny numbers.
As of now, the tech giant pays a global tax rate of 26%. And it is the largest taxpayer around the world. Its payment hits 20 billion euros in U.S. taxes on the same profits that the Commission said should have been taxed in Ireland.
Aside from that, Apple expects revenue to hit $61 to 64 billion in its current financial quarter. And for its gross margin, it is anticipating for 37.55 to 38.5%
On the other hand, Ireland is also challenging the Commission’s decision.
Potential 20%+ Return on SPLK SPLK has been on a good uptrend for the past couple years as a growing company and recently reached a strong support. Potential good buy with a 20+ return over the next couple months.
Can The Burry News Help More Than It Has?GME has been beaten down most of the year. It's great to see positive news but unfortunate that they had to do fat trimming at the expense of employees. Either way, the news that Michael Burry is invested hasn't hurt (yet). We'll have to see if it has a lasting impact still. Overall, the chart looks interesting.
Video game retailer GameStop Corp. (GME Stock Report) has been in the middle of an impressive rally since last week. This has been due to two major factors. First, it announced that it is going to lay off as many as 120 workers as part of a cost-cutting process. This actually proved to be a huge positive. We reported on this last week in the article, “ 2 Penny Stocks Trying To Bounce Back In August .”
However, later on, ace investor Michael Burry told Barron’s that he is bullish on GameStop and owns as many as 3 million shares at the time. He stated that as many as 90% of the stores owned by the company are cash flow positive and he believes that the market has not valued the stock fairly. If you don’t know Michael Burry, watch the movie, “The Big Short,” and I think you’ll be surprised. Over the course of the past week, GME stock rose by 20%. However, don’t forget that the stock is still down over 70% year-to-date.
From PennyStocks.com - 3 Penny Stocks Catching Investors’ Attention This Week
JUBLFOOD Short Setup [Intraday]NSE:JUBLFOOD should provide a shorting opportunity at 1183 with SL at 1189.70 and mentioned targets on the charts should be adjusted as per individual trader's RMS.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly.
Alrosa near the bounceAlrosa been showing bad results for the whole 2019 year. Went below previous lows and now going deeper. Support at 69.5 bounced the price, and at day timeframe it looks nicely oversold and ready to bounce. But at week timeframe the situation is still dramatic. If current 70 SR won't stop the price, next support that has potential to stop the fall is at 64. In any case these stocks will have to recover for some time, before any kind of uptrend may appear.
GE formed bullish shark a good long opportunityPriceline of GENERAL ELECTRIC CO (GE) Stocks has completed a bullish shark pattern and entered in potential reversal zone.
From here price aciton will take bullish divergence soon insha Allah.
I have defined targets using Fibonacci sequence as below:
Buy between: 9.33 to 8.94
Sell between: 9.67 to 10.42
Regards,
Atif Akbar (moon333)
AMZN Amazon LONG Opportunity AMZN has seen a retracement of 75-80% of the recent move up and this aggressive move down has come without any retracement.
Also we have the MA200 at 1750 where the stock had put a reversal back above the MA200.
We should see a decent move up on this stock as long as above the MA200 and expect this to reach 1927.
Any daily close below the MA 200 will get me out of this trade