Trading Idea - #OcugenMy trading idea for - #Ocugen - BUY
Entry: 0.95 USD
Target: 8.00 USD (+720% profit)
Ocugen, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies to cure eye diseases. Its product pipeline candidates include OCU400, OCU410, OCU200, and COVAXIN. The firm's modifier gene therapy platform is engaged in addressing retinal diseases, including retinitis pigmentosa, leber congenital amaurosis, and dry age-related macular degeneration. The company was founded by Shankar Musunuri and Uday B. Kompella in 2013 and is headquartered in Malvern, PA.
Institutional Trading of Ocugen
A number of large investors have recently added their stakes in OCGN. JPMorgan Chase & Co. increased its holdings in Ocugen by 20.9% during the first quarter. JPMorgan Chase & Co. now owns 4,015,742 shares of the company's stock worth $13,251,000 after buying an additional 693,786 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Ocugen during the first quarter worth about $47,000. Cetera Investment Advisers purchased a new stake in Ocugen during the first quarter worth about $50,000. Vanguard Group Inc. increased its holdings in Ocugen by 2.8% during the first quarter. Vanguard Group Inc. now owns 10,906,557 shares of the company's stock worth $35,991,000 after buying an additional 301,063 shares during the last quarter. Finally, Mackenzie Financial Corp bought a new position in Ocugen during the first quarter worth about $34,000. Hedge funds and other institutional investors own 21.50% of the company's stock.
Ocugen Price Target Raised to $7.00/Share From $5.00 by HC Wainwright & Co.
Traderherz
Trading Idea - #CrudeOil My trading idea for - #CrudeOil - BUY
Entry: 82.60 USD
Target: 90.00 USD (+8.5% profit)
#CrudeOil has risen to $85 per barrel due to #Opec production cuts.
Crude oil inventories are expected to decline in the second half of 2023 (source: www.energyintel.com). Means also higher demand and higher prices.
In July alone, the price of oil rose by 13% - more than Saudi Arabia's 10% production cut. They have certainly made good profits and want to maintain this trend for as long as possible. I expect it to continue upwards until November.
#Brent is currently trading at October contracts. I expect prices to fall as we get closer to January 2024 contracts.
Trading Idea - #NuSkinMy trading idea for - Nu Skin - BUY based on strong seasonality!
Entry: 40.00 USD
Target: 44.00 USD (+10% profit)
Nu Skin Enterprises is a direct sales company for health and beauty products.
I am buying a position in Nu Skin because of its strong seasonality.
In the period May to early August, the stock has outperformed its index (SP500) by at least 4% each year (for the last 20 years).
Trading Idea - #UBSMy trading idea for UBS following the announcement that the shares bought back last year will be used to finance the takeover of Credit Suisse. SHORT/SELL
Apart from that, the price is battling at a significant resistance level. A breakthrough is unlikely in consideration of the current banking crisis.
Entry: 21.00 USD
Target: 15.50 USD (Profit 26%)
Trading Idea - #TSMC #TSMC - Warren sells! We sell! Target 60.00 USD
Geopolitical tensions play a role in Warren Buffett's decision to reduce Berkshire Hathaway's investment in Taiwan Semiconductor Manufacturing Co (#TSMC).
Berkshire Hathaway had reduced its stake in the microchip maker by nearly HKEX:4 billion in the fourth quarter. #China considers #Taiwan a province and has held military manoeuvres following Taiwanese President Tsai Ing-Win's visit to the US. #Buffett told the Nikkei newspaper that the Taiwanese company was well run but that there were better places to allocate his capital.
Trading Idea - #Volkswagen #VWMy trading idea for #Volkswagen #VW - LONG
Entry: 122.80 EUR
Target: 197.00 EUR (profit +58%)
- So far, there are few affordable small electric cars on the market. Volkswagen wants to change that and presents the ID.2all for less than 25,000 EUR. According to VW, the fully electric compact car will have a range of up to 450 km and will be launched on the market in 2025. The quick charge is supposed to take only 20 minutes.
- Volkswagen is pushing ahead with the electrification of its vehicles and plans to invest a total of 180 billion euros by 2027. With net liquidity of 43 billion euros, including 16 billion from the IPO of the Porsche sports car division, the Wolfsburg-based company considers itself in a solid position to handle the investments.
- Record profit at Audi! They sell fewer cars but earn more money.
Trading Idea - #DAXTrading Idea - #DAX
Sell/Short after head and shoulders pattern forms!
Entry: 15.290 (the neck line)
Target: 14.937 (the head height)
1. the initial rally into the pattern is often associated with a strong rise.
2. the first shoulder forms where price peaks before falling back to a support level - the neckline.
3. once the market reaches the neckline, it rallies to make a higher high before pulling back to the neckline.
4. the market then bounces off the neckline again, this time making a lower high than the previous bounce off the neckline.
5. the pattern is only confirmed when the sell-off from the second shoulder breaks below the neckline, after which the target equals the distance between the neckline and the top of the "head".
Trading Idea - #VersusSystems #AI Trading Idea - #VersusSystems - LONG
Entry: 0.90 USD
Target: 2.60 USD (profit +280%)
Versus Systems (NASDAQ:VS) entered definitive agreements with institutional investors for the purchase and sale of 2.5M shares at a purchase price of $0.90 per share in a registered direct offering priced at the market under Nasdaq rules.
Versus Systems is shooting up on news of a partnership with Resolve Debt. The company is known for innovating interactive audience engagement through gamification technology. Now it plans to take its mission a step further by entering the artificial intelligence (AI) race.
Trading Idea - VW/PORSCHE Pair Trade Pair Trade:
#VW (Vz) LONG
#Porsche SHORT
VW and PORSCHE have a correlation of 84%. Reason enough to try out a pair trade. Currently the values have drifted apart by approx. 7%!
Porsche is currently performing better (relatively), which means a SHORT signal. VW, on the other hand, is lagging somewhat behind!
Trading Idea - #MATICMy trading Idea for #MATIC / #Polygon - Buy
BINANCE:MATICUSDT
Entry: 0.86 USD
Target: 1.15 USD (Profit +33.5%)
BINANCE:MATICUSDT has outperformed BINANCE:BTCUSDT in the last 6 months:
#MATIC moves sideways, while #BTC lost almost 30%!
So, the crypto pair #MATICBTC continues to rise continuously!
2023 looks good for #MATIC / #Polygon!
s3.tradingview.com
Trading Idea - #NagarroMy trading idea for Nagarro - BUY/LONG
Target: 129.00 EUR (Profit +15%)
Nagarro with earnings surprise. Earnings expectations for the third quarter were significantly better than expected. Strong results and outlook for the new year point to strong business momentum.
From a chart perspective, it looks very attractive to be on the buy side.
The share price successfully bounced off the historical support line on 30.09.2022. With the 2nd attempt, it also broke through the nearest ram resistance line on 18.10.2022.
2 weeks later, the resistance line was tested again and it continued upwards. The next resistance level is expected to be targeted. This is at 129.60 EUR.
Trading Idea - #LVMHMy trading idea for LVMH - long / buy
Target: 690.00 EUR (approx. 10% profit potential).
LVMH with continuous growth in Europe and a recovery in the Asian market allow a positive outlook for the company.
Management is focused on the long-term development of the brands supported by strong sales data from the Q3 report.
On the chart, the EUR 610.00 support line was successfully tested this month. In the short term, a further upward movement is expected.
Trading Idea - #VicinityMotorMy trading idea for Vicinity Motor - BUY
Long-term target: 4.00 USD (+260% profit)
Vicinity Motor Corp. has received an order from Pioneer Auto Group to supply 1,000 electric trucks.
Sales of more than US$100 million are planned.
The final delivery date is the end of 2023. Deliveries as part of the order are expected to begin this month.
Apart from that, the share is at an important support line, which could be confirmed by the positive news!
Trading Idea - #SiemensAGMy trading idea for Siemens AG - SHORT
Target: EUR 89.00 (profit potential 12%)
The Siemens AG share is in an intact downward trend. In mid-June, there was a sharp drop below the support level of 114.00 EUR. The resistance around the EUR 109.00 mark was then confirmed several times. The next historical support at EUR 89.00 is expected to be targeted.
Like the entire industry, Siemens is also expected to be slowed down by weakening demand and an unfavourable price-cost ratio.
Analysts estimate a profit decline of up to 20% for 2023.
Trading Idea - #VARTA (the comeback)My trading idea for Varta - BUY Limit Order
Entry: 20.00 EUR
Target: 50 EUR (potential profit +150%)
StopLoss: 9.50 EUR
Varta in a dive. Analysts see the resignation of Herbert Schein as CEO as a new opportunity for recovery at Varta.
In the short term, the share price should fall further as volume declines are expected in the entertainment sector. The reason for this is the larger supplier line-up of the major customer Apple.
Trading Idea - #DeutscheBankMy trading idea for Deutsche Bank - Buy / LONG
Target: EUR 12.00 (+40% profit)
The recent valuation of the banking sector in Europe should lead to higher price targets across the industry.
Deutsche Bank should also be among the winners as rising interest rates create favourable business conditions.
From a chart perspective, the price of the Deutsche Bank share has broken the downward trend. The price is currently consolidating above the EUR 8.00 mark with a rising trend.
Trading Idea - #DeutscheBankMy trading idea for Deutsche Bank - Sell / SHORT
Target: EUR 5.80
Deutsche Bank with a mixed outlook for the year.
Although DB performed well in investment banking, earnings were lower than in the second quarter of last year due to higher costs.
The sell target is based on last year's support levels.
Trading Idea - #StellantisMy trading idea for Stellantis : Buy / LONG
Target: USD 15.00 (+16% gain)
The carmaker formed by the merger of FCA and PSA will report its financial results on 28 July. Positive results are expected as margins have increased.
There is also a robust support line in the USD 11.00 to USD 12.00 range. This was successfully tested in July.
Trading Idea - #AirbusMy trading idea for Airbus - Buy/LONG
Target: EUR 116.00 (+11.6% gain)
Despite the delivery bottlenecks, Airbus has shown a solid business performance in the second quarter. So with the upcoming quarterly report on 27 July, there could be a positive outlook.
Experts expect solid free cash flow and unchanged targets for the year.
The EUR 90.00 mark successfully provided support at the beginning of July. The price has bounced off this and continues to climb from high to high.
Trading Idea - #VolkswagenMy trading idea for Volkswagen - Buy / LONG
Target: EUR 143.00 (+8% gain)
VW has sold more electric vehicles worldwide than in the first quarter of the year. This is a positive business development despite supply bottlenecks.
It is becoming apparent that many automotive suppliers have reached a low point in their business development. Nevertheless, the car manufacturers themselves continue to act very strongly.
In the second half of the year, profit momentum could pick up again as China plans tax reductions. From today's viewpoint, VW would be one of the biggest beneficiaries.
Better outlook for the second half of the year is expected due to the end of the semiconductor shortage, which is becoming more and more apparent.
From a technical chart perspective, we are in a support area both in the short term (15M) and in the long term (1D), which makes buying the share attractive.