Stockstowatch
RH Options Ahead Of EarningsLooking at the RH options chain ahead of earnings , i would buy the $262.5 strike price Calls with
2022-12-16 expiration date for about
$7.20 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
ONGC looks like a value buy. Oil and Natural Gas Corporation (ONGC) Ltd. is a public sector undertaking whose operations are monitored by Ministry of Operations and Natural gas, Government of India. ONGC is India’s largest government owned oil and gas explorer and producer. Its CMP is 143.75. Negatives of ONGC are such that there is a decline in quarterly net profits, decline in net cash flow and FII’s are decreasing their stake in the firm. Positives are followed by that they have no debt, book value per share is improving and MF’s are increasing their stake in the firm. Entry can be taken after closing above 145. Targets will be 154 and 166. Stop loss can be maintained at closing below 133. Dividend yield of the company at CMP is 8.2%.
Bodal Looking Bold. Might be Oversold. Bodal Chemicals Ltd. is a company that is into the sector of specialty chemicals. Bodal produces dyes and other related chemicals. It’s CMP is 83.4. Negatives of Bodal Chemicals are that their promoters are decreasing stake and quarterly net profits are decreasing. Positives are that they have low debt, FII’s are increasing stake and net cash flow is improving. Fresh entry in the stock after closing above 86 closing. Compounding above 90.25 closing. Targets 95 and 104. Stop Loss to be maintained at closing below 76.
NELCO aiming new bull run and probably new highsNelco Ltd. is a company having its first name of Tata Group is indulged in the operations of System Integration and Product Management for Industrial Solutions, Electronics, Defense Electronics, VSAT Networks and Automation, and offers other related services. Its CMP – 816.7. Negatives of Nelco are so that they have high valuations (P.E. = 106.6). Positives are followed by that they have improving quarterly net profits, improving net cash flow and FII’s are increasing stake in the firm. Entry can be taken after closing above 329 closing. Targets will be 878, 906 and 942. Long Term target 1065 and 1095. Maintain a stop loss at a closing below 740.
BILI Bilibili Options Ahead Of EarningsLooking at the BILI Bilibili options chain ahead of earnings , i would buy the $11.5 strike price Calls with
2022-12-2 expiration date for about
$0.55 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Walchandnagar Industries waking up from slumber. Walchandnagar Industries Ltd. is a Heavy Engineering company which has its operations in Engineering, Fabrication and manufacturing for Sugar plants, Industrial and Marine gears, Defense, Aerospace, Nuclear power, Railway etc. Its CMP is 65.7.
The negatives of the company are that they have high promoter pledge, decline in quarterly net profits and book value per share is deteriorating.
The positive of Walchandnagar are that they have improving net cash flow, return on capital employed (ROCE) And return on equity (ROE) increasing.
Entry can be taken after losing over 68 levels. Target will be 71.8 and 75.9. Long term target can be 85 in this stock. Stop loss in the company can be maintained at closing below 57.
Educational Purpose / For Paper Trading only.
Bajaj Healthcare looking good. Bajaj Healthcare Ltd. is a pharmaceutical company which is into the operations of manufacturing of amino acids, nutritional supplements and other pharmaceutical ingredients. Its CMP is 400.1.
Negatives of Bajaj Healthcare are that they have declining net cash flow and FII are decreasing their stake in the company.
The positives are that they have Zero promoter pledge and increase in operating profit margins.
X/2 Entry in Bajaj Healthcare can be taken above 408 and X/2 above 431. Targets will be 462 and 496.
Stop Loss can be kept at a closing below 360.
Educational purpose / Paper Trading only.
LU Lufax Most Undervalued Chinese StockFor the China reopening thesis i think LU Lufax Holding is the one of the most undervalued stocks you can own right now! And i will tell you why!
LU Lufax Holding has a ridiculous PE Ratio (TTM) of only 1.81!
The Forward Dividend & Yield is 0.51 (21.79%)!
Last year the stock was $18.30. It has lost most than 90% of its value, while the business is growing and pays dividends.
The yield alone is a big gain, even if the price stays flat.
Last year Morgan Stanley had a price target for LU of $13 while JPMorgan Chase of $15.
3rd biggest shareholder is BlackRock, with an estimated average of $6.11.
You can but the stock now 3 times cheaper than BlackRock.
The average daily volume in the past 3 months is high, more than $10Mil daily (i think someone is accumulating).
My price target is the $7.10 resistance. I believe LU is a premium call.
Looking forward to read your opinion about it!
FSL looking solid after long consolidation period. FSL CMP: 108.90
Firstsource Solutions Ltd. is a company that provides digital platforms, automations, analytics and they are also into design and advisory. Its CMP 108.9. The negative aspects are that MFs decreased their stake in the firm recently. On the other hand, positives of FSL are that their net cash flow is improving, the company has low debt and foreign institutions are increasing their stake. Entry in the stock can be taken after closing above 109.90. The targets will be 114 and 119.
Long term target in the company will be 128 and 150. The company is coming out of solid consolidation and the stop loss can be maintained at closing below 100.
The Story of Affle can Baffle the investors into happinessAFFLE CMP: 1262.95
Affle (India) Ltd. is a technology company that delivers services related to consumer acquisitions, engagements and transactions through relevant mobile advertising. Its CMP is 1262.95. The negatives of Affle (India) Ltd. are that they have high valuations (P.E. = 69). The positive aspects are that they have improving net cash flow, Zero promoter pledge and low debt. Entry can be taken after closing over 1273. The targets will be 1336 and 1362. Long term target in the company will be 1382. If the stock dips averaging can also be done on bounce between 1157 and 1191 also. Stop Loss in the stock should be maintained at closing below 1075.
Affle is a long term investment idea. There is a chance of Cup and Handle Breakout in the stock if the stock is able to cross 1382 level which will be an opportunity of immense wealth creation.
$EBET, Time for a bounce? EBET has been holding nicely in this range. Overdue for a bounce with a 11 million free float. This one will skyrocket once the volume is here.
I think is due for a bounce.
Happy Trading,
Ono.
LYTS - Slow Growth/Fast Growth + Strategic InvestingAs I've finally started working full time again, I'm trying to develop an investing strategy that works for me moving forward. Because I've been fairly good with my own trades and finances over the last several years I decided to continue managing my own portfolio for now.
Currently, here is my strategy for investing in companies. It's really just a 3-step process:
1) What is likely to become cheaper and experience innovation in the coming years? Example answer: Energy (innovations in sustainable green energy). Here, I'm pricing in future expectations - say, 10 years from now.
2) As the above becomes cheaper, which industries are likely to improve efficiency and profit margins? Example answer: lighting
3) Research: Which established companies are positioned well in the above industry to take advantage of cheaper resources: Exmaple answer: LSI Industries
The importance here is for me not to invest in things that are likely to get LESS expensive, but invest in companies and industries that are likely to PROFIT from things getting cheaper.
Another example:
1) Weed/psilocybin becomes cheaper + less regulation
2) Companies that use these commodities in products
3) Research mental health services, and wide-ranging companies that USE marijuana, not companies that purely grow it. Example: Aurora Cannabis - 99% down from the highs, and sells indoor cultivation systems in addition to selling cannabis products. Selling cultivation systems is like investing in the shovel.
A bad example (yes, I'm going to trash Bitcoin again):
1) Energy becomes cheaper over time
2) Proof of work cryptocurrencies?
3) No longer unique, no longer hard to acquire. Many 'greener' options flood the market, increasing the supply of cryptocurrencies endlessly. Crypto does NOT have a finite supply because infinitely new cryptocurrencies can be created. As energy becomes cheaper, it becomes cheaper to make new cryptocurrencies. Although Bitcoin supply is low, miners may be able to sell at lower prices once it becomes much cheaper to mine. From the demand side, the market may not be willing to purchase Bitcoin at higher prices, leading me to believe there is a decent chance it never makes a significant new high above $69k.
Now, looking at the chart for LSI industries, I have marked a couple resistance levels and a major support trendline, with major horizontal support around $5. Currently, the asset has been experiencing slow growth, but I think there is a possibility it enters a period of accelerated growth, due to decades of consolidation. Walking around New York City, I've also noticed the importance of lighting, and how it's changed over the last several years.
Let's see what happens! If LYTS breaks below the rising support and particularly the $5 level, the trend could look a little more concerning.
This is meant for speculation and entertainment only! Here I am documenting my own strategy. Let's see if it has any merit.
-Victor Cobra
Results of annual general meeting declared by Universal IbogaineAround 6 million Canadians will meet addiction during their lifetime, according to the Canadian Mental Health Association. With 22,828 total fatalities in Canada over a five year period, the opioid crisis marks one of the most extreme types of addiction. The fatality rate is rising year to year. Universal Ibogaine constantly working on a mission to transform addiction treatment using ibogaine through a planned Canadian clinical trial focused on opioid use disorder. Recently universal ibogaine declared the results and Investors are very happy with the latest press release of $IBO as all resolutions were passed by the requisite majority of shareholders at its annual general meeting which was held on October 3, 2022 in Vancouver. The shareholders also approved the re-appointment of Deloitte LLP as auditors of the Company for the ensuing year, and approved the Company’s 2021 Stock Option Plan, the Company’s 2022 Equity Incentive Compensation Plan and the Company’s 2022 Stock Option Plan.
TSXV:IBO
universalibogaine.com/universal-ibogaine-announces-results-of-annual-general-meeting/
Universal ibogaine plans to transform addiction management, while developing ibogaine as a central component of innovation for addiction treatment.
· Universal ibogine engaged in acquiring an active addiction treatment center in Canada to perfect the wrap-around treatments and roll out ibogaine once approved in Canada. Also partnering with Canadian First Nations to investigate treatment possibilities on sovereign indigenous territories.
· Universal ibogaine has developed a state of the art holistic addiction treatment protocol at its Kelburn clinic that, when paired with planned ibogaine detox protocol. It is also intended to revolutionize the way we treat addiction and drastically improve the lives of individuals and families affected by addiction.
Universal ibogaine , one of the versatile bio technology companies, was created with the goal of medicalizing ibogaine for addiction treatment in Canada and then globally.
TSX-V:IBO
Global battery management market is expected to reach USD 5.4 B$GEMS.C – Great opportunity to capture the expanding Global battery management market.
Although COVID-19 negatively impacted the global battery management market in 2020, it is expected to reach USD 5.4 billion in 2022. It is projected to register a CAGR of over 4.85% during the forecast period (2022-2027). Now the market has reached the pre-pandemic level. The battery management system is meant to track the aspects of the battery system and its cells and use the information gathered to reduce safety hazards and improve battery performance. High demand for battery management systems will accelerate the market growth of battery management systems. This is the perfect opportunity to occupy a significant market share of any lithium mining and supplying company.
prnewswire.com/news-releases/global-battery-management-system-market-expected-to-reach-5-4-billion-in-2022--301658228.ht ml
$GEMS.C is the leading single sources supplier of critical energy minerals used for clean and green energy evolution. As lithium is a crucial element for the battery management system, Infinity stone venture corporation continuously focuses on a smooth supply of critical energy minerals.
* Investors in the Infinity stone venture get exposure to lithium, graphite, copper, cobalt, nickel, manganese, and possibly some PGMs & REEs.
* Infinity's lithium mining portfolio is impressive; four projects, 11k+ hectares, 65+ pegmatites, tens of km of a prospective strike — very near or bordering Patriot Battery Metals
* infinity stone venture successfully confirmed historically mapped pegmatites and identified new showings. Eighty-seven samples were collected over 3,850 hectares of claims adjacent to the Patriot discovery.
$GEMS.C has a bright future in the global battery management market and is constantly fulfilling the demand for critical energy minerals through its eco-friendly mining program. It has government tax incentives and grants, including Canada's 30% Critical Mineral Flow-Through Tax Credit.
(CSE: GEMS) (OTC: GEMSF)
About to Breakout, Keep this in RadarAfter trading in a lower low pattern for almost a year, Consolidating in a range for 3 months this scrip is trying to move up. It has formed a triangle type pattern and trading near resistance. on a successful breakout and re-test the stock may give a good move. Keep this in radar and trade safe.
$BABA Can Go Up Watch Out For A BreakoutTraders and Investors, Alibaba (BABA) has completed the typical bubble stock M formation and is now trying to gather orders for a bullish momentum. This stage happens when most investors fall into Despair or hopelessness.
The earnings report is expected, and we have a wedge pattern. If the price breaks above the pattern and we get a confirmation, this can go the first target of M patter which is around 160 but with an intermediate target of approx. 132.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Market going down? What do you thinkDISCLAIMER: I DO NOT GIVE SOLICITATION TO BUY OR SHORT
Seems like market is continue its down trend based on pattern. What do you think ? OCTOBER 21 , 2022
I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
Will earnings Season push S&P to new lows? With the latest US earnings season underway, plenty of investors are still wary of making investment decisions. They hope that the earnings results will serve as guidance as to how the next few months will look like before factoring in fresh monetary policies and inflationary measures.
Earnings and the S&P 500
In the lead up to the earnings season, A Bloomberg survey showed that more than 60% of its 724 respondents believed the third-quarter earnings season will push the S&P 500 index lower.
But data from American financial data and software company FactSet is painting a different picture, revealing analysts' expectation of a roughly 7.5% growth in the earnings for S&P 500 companies for this year and the next, despite investors' fear of a worsening economic downturn.
Federal Rate decision
While investors are seeking clarity from the third-quarter earnings season, industry players and analysts are united in the belief that the Federal Reserve's rate decision will likely override any positive momentum and have major impact to stock performance moving forward.
JPMorgan CEO Jamie Dimon said depending on whether the Federal Reserve engineers a soft or hard landing for the economy, the S&P 500 could fall another 20%. It came with a warning on Monday that the US would likely fall into a recession over the next six to nine months. In contrast, the International Monetary Fund, said Tuesday that it expects the US economy to grow 1%.
The price of goods and services in the US continued to grow in September, with the consumer price index 8.2% higher than the prior-year period. The Federal Reserve and some economists maintain that demand generated by a hot labor market and higher wages fuel inflation and that higher unemployment and interest rates are the solution to bring it down.
President of Yardeni Research Ed Yardeni expects the S&P 500 to wait until the end of 2023 to be back at its peak, while other analysts are betting on an improving outlook that will push stock prices higher, the New York Times reported.
Twitter ($TWTR) Can Rise Much Higher, Wait For A BreakoutTraders and Investors, Twitter currently is at an important structure zone. If that zone is broken and confirmed, it can rise much higher to the targets shown in the chart.
Please support this analysis by liking and sharing. 👍🙂
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________