Stockstobuy
Kellogg found a strong support?Kellogg Company - 30d expiry - We look to Buy at 66.71 (stop at 65.04)
Levels below 67 continue to attract buyers.
Bespoke support is located at 67.
66.45 has been pivotal.
Preferred trade is to buy on dips.
The primary trend remains bullish.
We are trading at oversold extremes.
Bullish divergence is expected to support prices.
Our profit targets will be 70.88 and 71.88
Resistance: 68.50 / 69.20 / 70.00
Support: 68.00 / 67.00 / 66.45
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Footlocker to find support at previous resistance?Foot Locker - 30d expiry - We look to Buy at 40.22 (stop at 37.96)
Daily signals are bullish.
Previous resistance, now becomes support at 40.
50 4hour EMA is at 40.43.
Preferred trade is to buy on dips.
A later spike higher was met with further selling interest and prices settled lower to post a negative day.
A lower correction is expected.
Our profit targets will be 45.88 and 46.88
Resistance: 45.70 / 47.22 / 50.00
Support: 43.62 / 42.40 / 40.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
SURFI : 93% ACHIEVED IN 5 WEEKS ; TARGET 120%HELLO TRADERS!
First of all I'm extremely sorry that I was not able to post any chart for a long time for my hectic schedule.
This trade BSE:SURFI I took about 5 weeks ago and its 92% up till then. target is just to hit in a week or two. Through this chart I want to show how this pattern work.
For more detailed analysis and learnings you can watch my videos on other platfrms.
BBBY in My Top Stock Picks for 2023BBBY Bed Bath & Beyond has the potential to become the next GME GameStop or AMC Entertainment.
Heavily shorted, analysts saying that the stock May Not Make It to 2023.
Perfect for a short squeeze.
BBBY Bed Bath & Beyond is one of My Top Stock Picks for 2023!
Looking at the options chain, i would buy the $3 strike price Calls with
2023-3-17 expiration date for about
$0.70 premium.
Looking forward to read your opinion about it.
RITM Rithm Capital could be the Call of the Week! RITM Rithm Capital to report earnings on February 8, 2023 prior to the opening of the New York Stock Exchange.
If we look at fundamentals, this stock at $9.46 looks extremely cheap.
2.02 EPS
10.57% DIVIDEND YIELD
4.92 P/E ratio
But what is more impressive are the calls for this stock:
Looking at the RITM Rithm Capital options chain ahead of earnings , I would buy the $10 strike price Call with
2023-2-17 expiration date for ONLY
$0.05 premium.
In case this stock goes to $10.50 after earnings, which is not excluded considering the price history, those calls could give a return of 10X!
Looking forward to read your opinion about it.
Can S&P500 break 4100.00 during huge FOMC & Earnings week?The S&P 500 is headed for its best January since 2019, when it gained nearly 8%. So far, the market index is up ~5.0% this year, following a 19% loss last year. But this rally might have paused for the time being, as the Federal Open Market Committee begins its 2-day meeting. After which, the Federal Reserve is expected to hike its interest rate by 25 basis points. Investors will be watching carefully for any change in market sentiment regarding this forecast in the lead up to the decision. While the economy is starting to slow, US unemployment is still at 3.5% (a 50 year low) and wage growth is still strong. This means that the 25-basis-point hike is not a foregone conclusion, with 50 basis points the next likely option. Adding to the complication of forecasting the S&P 500, is the fact that more than 20% of the companies in the index are reporting quarterly earnings this week. McDonald’s, Apple, Meta Platforms, Amazon.com, and Alphabet are all set to update the market.
The question to ask ourselves is whether the S&P500 has finally entered a reversal period, or is the long-term downtrend still in place? We can also see that the previous week's candle closed above the downward trend line and the 200EMA. Although, we can look at the fake outs that took place in August and December last year, when the candles closed above the 200 EMA, but this did not result in a bullish continuation.
We can use the Aroon indicator in an attempt to gain some clues to confirm if the trend to the upside is strong. Presently, the Aroon indicator registers a strong bullish signal, as the blue line is above 70% while the red line stays below 30%. Yet, a strong key resistance, marked at around the 4100.00 area, appears to be a significant problem for the S&P 500.
MSFT Microsoft Bought 49% Stake in OpenAI creator of ChatGPTMSFT has reached our Buy area:
Microsoft purchased a 49% stake in OpenAI, creator of ChatGPT, for $10 billion.
Which i think it will turn out to be the best investment in MSFT history!
Microsoft Corporation (MSFT) integrates Chat GPT into its Bing, Office, and it Azure service!
Now looking at the MSFT Microsoft options chain ahead of earnings , I would buy the $245 strike price Calls with
2023-2-27 expiration date for about
$1.60 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Or at least buy shares for the long run! They will compete with GOOGL thanks to OpenAI.
Looking forward to read your opinion about it.
RITM Rithm Capital Ready for a Breakout!RITM Rithm Capital to release Q4 and full year 2022 financial results for the period ended December 31, 2022 on Wednesday, February 8, 2023 prior to the opening of the New York Stock Exchange!
2.02 EPS
4.363B MARKET CAP
10.86% DIV YIELD!!!
4.73 P/E Ratio!!!
Extremely undervalued in my opinion!
But now comes the best part! You can buy the following options:
2023-2-17 expiration date
$10 strike price
for only $0.05 premium now!
So the expiration date is after the earnings, if the stock goes to $11, and i wouldn`t be surprised if the results are great, then this is a 20X call that you are reading about.
This is a premium call in my opinion, do you research before investing, as you know!
Indiamart may get a start soon...IndiaMart Intermesh is an India e-commerce company that provides B2B and customer to customer sales service via its web portal. IndiaMart intermesh is an India’s largest online B2B market place, connecting buyers with supplies. CMP – 4549.60. Negatives of the company are high valuation (P.E. = 48.8) and declining annual net profit. Positive of the company are MFs and FIIs are increasing stake. No debt, zero promoter pledge, improving cash from operating activity annual and improving book value per share. Entry in the stock can be taken after closing above 4698. The Long Term Target in the stock will be 4908 and 5082. In a very long run the stock can reach 5277 and 5400+. Stop Loss should be maintained at a closing below 4400. For Paper Trading.