Undervalued
XRP We Might Even Go ParabolicAfter we break above blue resistence line from where we got rejected two time already. At that point I honestly believe we could just go parabolic after a complete brake through and maybe a retest of that line. It is a pure speculation but we have to take such price movements into a consideration as XRP price is well undervalued for more than 3 months now.
All the weak hands are shaken out at this point, also sec lawsuit has been much more explained in detail by now, that it does not effect current xrp sales, only sales of xrp that have been done by Ripple between 2012-13 so that is another reason why go parabolic in the next few days/weeks as exchanges will start to relist it.
Price could react as it reaches to 0.618 and 0.786 fib. retracement level, which could get back tested once again.
I am not a financial advisor so don't buy anything that a say.
BITSTAMP:XRPUSD
🔥 EOS Severely Undervalued: Weekly AnalysisAfter the Corona Crisis in March 2020 around 80% of crypto value evaporated in a two week time span. After the massive dip, retail- and institutional investors alike started to buy crypto (and other assets) with everything they had, which brings us to today.
Nearly every crypto has at least done a x10 in the past year, some even a x150 or more. Even Bitcoin, the largest of them all, has made a x20 from its March 2020 lows. Every crypto mooned, apart from one.
EOS has only gained 200% since its lows from the Corona Crisis, which makes it one of the worst performing large cap cryptos, lagging severely behind the rest of the market.
Why would now be a good time to step in? The resistance from right before the Corona Crisis got broken today, giving EOS a lot of bullish momentum. For reference, for Bitcoin this resistance was located at 10.5k and broke last July. BTC went x6 since then.
Be aware this is a long term trade, especially the further targets might take a while to reach.
Buy: 5.7 - 4.7
Target: 8.7 - 10 - 14.5
Stop: 4
Happy trading!
ATFL- Rekha Jhunjhunwala Portfolio Stock.Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In the limelight today we have Rekha jhunjhunwala. Her net worth is over Rs . 3,861.1 Cr .
She is the co-owner of the company 'RARE Enterprises' with her husband Rakesh jhunjhunwala. The name of the company is derived from the initials of the joint owners,'Ra' from Rakesh and 'Re' for Rekha. It seems like the company name is the only place where is she given equal opportunity of merit whereas on Google and Wikipedia they have not given her any digital space of her own. I guess history will see down, yet another mysterious woman whose story could have benefited thousands if not millions, go undiscovered and unexplored. Holding% - 3.28%
Agro Tech Foods Ltd. is a holding company, which engages in the provision of edible oils and processed food products. It offers products under the following brands: Sundrop Oils, ACT II Popcorn, Sundrop Peanut Butter, Crystal, ACT II Nachoz, ACT II Bakes, Sundrops Pnutz, and Diet Pop.
*Company with Zero Promoter Pledge
*Book Value per share Improving for last 2 years
*MFs decreased their shareholding last quarter
*Inefficient use of shareholder funds - ROE declining in the last 2 years
for more you can check the stock out on trendlyne.com/fundamentals/financials/125/ATFL/agro-tech-foods-ltd/
Sources credit:
Trendlyne
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation Band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ZKIN to Attack all time high!ZKIN, a pretty unknown stock as I would consider has made over 600% gains since my first bullish analysis at $2 per share, as now it's being trade above $12 per share!
ZKIN, a stock that has few days ago traded in Dollar value higher than:
- Walmart
- Starbucks
- McDonalds
- Ford Motors
- Coca Cola
- Twitter
and all major Covid vaccination companies!
Also, this company has currently gotten into NFT's recently as it's connected with blockchain.
From a technical perspective, the price action has formed an ascending triangle which has bias to break to the upside, potentially retesting the all time high at $16 per share!
MACD however is pretty overextended and is pointing towards a correction to 20 EMA to $10 before a move to bespoke resistance at $16.
The price can fall slightly below $9.00 without impacting the overall uptrend, where 50 EMA with uptrend line support are both located.
My outlook is bullish with no technical reason for a trend change!
Good luck!
You asked, and here is my thoughts about wtf just happend.. XD! So someone asked me if I believed bitcoin might go down .... Naaaah... not in a bearish trend ... It might fall a bit sure, but the trend still wants to go up ..
What is happening imo... is a lack of momentum .. which makes this weird situation... which I do think is just a false breakout :)
Bitcoin is overally when you look at the Stochastic Oscillator undervalued, so still a good time to buy in :)
Cardinal Health working on breaking through resistanceCardinal health is currently sitting at a resistance level that held from 2000-2013. From 2014-2018 it traded above this resistance level, but in 2018 it dropped back below it. For the last two years, the stock has been trying to break through this level, but has been rejected roughly 19 times. Thanks to trend line support, we're coming toward a decision point within the next few months. I think there are several good reasons to think we could see a successful breakout soon.
Valuation
I estimate CAH's forward P/E below 9, and its forward P/S at an amazing 0.09. The stock should have a forward dividend yield of about 3.5%. It's not much of an innovator, but its pace of patent filing has been picking up over the last few years. CAH has been growing earnings at an annual rate of about 1.5%, sales at a rate of over 2%, the dividend at 0.5%, and free cash flow at a rate 4%.
So it's a growing company with lots of free cash flow and a very attractive PEG ratio. I estimate that CAH has about 17% upside to its median price multiple of the last 4 years, so the stock looks undervalued here.
Sentiment
S&P Global Market Intelligence gives CAH an average rating of 86.75/100. It gets a better-than-average ESG score as well. The average analyst score, according to Thompson-Reuters Starmine, is 9/10. This score has recently increased by several points. Open interest from option traders is in bullish territory, at 0.9. Technicals are bullish, and CAH has 17.5% upside to the average analyst price target. Overall, sentiment looks quite positive for CAH.
STMP UndervaluedSTMP is undervalued following a sell-off after earnings, which were great but apparently not enough.
STMP current valuation metrics (TTM): 18.35 P/E, 4.13 P/S and 3.2 P/B. For the year of 2020, its revenue was 758M and it grew up over 30%. They also boasted a large 22.6% Profit Margin which is unparalleled by most companies. As smaller businesses continue to grow and expand, most of them resort to and use Stamps.com for their postage and shipping needs and this sector isn't expect to contract by any large means anytime soon.
Peer Analysis:
STMP : 18.35 P/E, 3.2 P/B, 4.13 P/S, 1.5 PEG with a 22.6% Profit Margin.
UPS : 20.1 P/E, 192.7 P/B, 1.69 P/S , 1.91 PEGY with a -13.1% Profit Margin.
FDX : 19.1 P/E, 3.25 P/B, 0.91 P/S, 0.94 PEGY with a 5.96% Profit Margin.
AMZN : 73.3 P/E, 16.43 P/B, 3.95 P/S , 2.63 PEG with a 5.75% Profit Margin.
EBAY : 16.19 P/E, 10.58 P/B, 3.64 P/S , 0.54 PEGY with a 29.5% Profit Margin.
From the above data (from Bloomberg), we can clearly see that the only fair-valued peer is EBAY. But, for now, focusing on STMP, we can see that STMP's Price/Earnings is towards the lower end, if not, on par with its peers. Its Price/Book is the lowest among its peers revealing that it is the strongest one of the group financially that justifies its value. However, the main differentiating factor is that it has a high 22.6% profit margin which is towards the upper end among its peers. Stamps also owns around 8 more subsidiary companies such as Metapack and Encidia and its latest presentation highlighted that it is expecting to grow its footprint internationally in countries such as Mexico and New Zealand, which might add to the expenses but should grow revenue exponentially in the long term.
Now that we understand that STMP is undervalued, if not at fair-value, we can now look at the price action chart to plot our trading strategy. The attached chart clearly reveals the rangebound nature of STMP and how it is trading towards the bottom of it right now. It is still heavily discounted and allows us to still enter and profit.
$LINK: Likely inverse h&s or double bottom forming#Chainlink: I wouldn't be surprised to see the PA test the green box area where the previous wicks ended. Below the lower red line, and I'd start to zoom out on time frame and look for fib levels and s/r levels to show some confluence as to where this would bounce. You can also see the bottom of the bollinger bands have some nice confluence with those levels. However... I highly doubt that buyers don't step in here as we test the previous dip prices. $24.50 would be the price that I'd set my buy orders at. If it bounces from that green box, then that would look like a decently shaped inverse h&s. If continues below that to the red support line that would also be a higher low. Even if it dips down to 19 dollars we're still forming bullish patterns... If it goes that low? I'll be very happy to buy more at that level.
Fundamentally: The ETH wallet that has been confirmed as one of the Chainlink team's main wallets has been dumping about a million $LINK on the market every week. There are multiple videos exploring this. That being said, it gives a pretty clear picture as to why the price of link has been suppressed by so much, that doesn't really matter though :) We like cheaper link. We like buying more $link every week at a decent price. Patience is key here.
$CRSR Long if channel is not broken.$CRSR has strong fundamentals, also nice TA setup to make a reverse movement somewhere next week and head to the top of the channel.
1st PT: $44-45
2nd PT: $48-49
My drawings are not perfect, you can adjust accordingly, but the overall pattern is clear as of right now.
Do your own DD, not a financial advice.
WTER Descending TriangleBuilding volume after recent lows indicates to me that the bottom is in and this is about to be sent to valhalla, we're launching this to the fookin moon
LTC Binomial Jump Pattern DetectedTheory
- What is "Binomial Jump Pattern"
- In a book I read it speaks about how traders are able to use binomial functions to increase the likelihood of their margin trades.
- I used the same analysis but applied it to spot trading.
- This is a term I made up.
- My theory is that if LTC keeps the same distribution pattern carried over into the next wave it will have a jump that looks like this.
- This is my first test of this theory. BTW those trendlines were drawn on this chart months ago.
Why LTC now?
- BTC has exceeded ATH. Eth has exceeded ATH. LTC has _______ ATH.
- In the early stages of LTC most traders were more invested into bigger coins like eth and BTC. It was perceived to be relatively cheep at the time.
- Most used LTC for quick swing trades.
- Now that price has gone very high on other pairs. I believe this opens the door for LTC in a big way.
- According to my own research it seems to be that most are now setting up long positions on the coin with no intentions of selling like we saw earlier in the $50-$200 range.
- I like to consider LTC as the " cheapest blue chip safe haven coin "
- Not to mention many intuitions are in or have been adding LTC to their stack on speculation of price.
I appreciate all feedback or other ideas.
www.slideshare.net
LUMN. If someone wants to bet, this is an extremely safe betYesterday LUMN with an explosive 28% rise decisively broke 30months SMA and closed at $14.59, changing its long-term trend to rising.
It should be stressed that the rise was not by a gap but by continuous purchases that led to a volume of 60 M when the average volume of the last 10 days was 6.4 M.
That is, the rise was not for unloading but for buying cheap shares, which indicates that it is extremely likely that the rise will continue.
The stock was, is and will continue for some time to be an investment opportunity because it is deeply undervalued.
Any price retreat must be seen as a huge opportunity to buy. Even after this 28% rise the stocks has 8.78% dividends yield.
Following are presented the mid- and short-term trend charts.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
NuCypher Getting Ready for Blast Off
NuCypher has been funneling into this range over the past two months. It's undervalued in the current market.
I'm also seeing signs of bullish divergence in RSI.
I think a pump is imminent and I have my price targets around $.80-$1.25 in the coming months.
Let me know what you think!
Crypto.com (CRO) Still Full of Potential & Extremely UndervaluedCrypto.com has had a rough past couple of months to say the least. A lot of fear uncertainty and doubt has been plaguing this coin since September due to a lot of internal changes and protocols. Despite the capitulation of Crypto.com (CRO) it still remains a top 20 cryptocurrency with a solid 1.4 Billion dollar market cap as of today.
A coin with already a ton of utility and adoption I believe Crypto.com is here to stay and will get picked back up during this bull cycle. This coin has a working product that many people across the world actively use everyday. Myself included. With that being said it has been trading at all time lows relative to its Bitcoin value and could be a great time to accumulate at these prices if you believe in this project.
On a technical side Crypto.com (CRO) may have potentially bottomed out in its Bitcoin value. It is still very much oversold on the RSI as well. This could present a great buying opportunity with a ton of upside from here in 2021.
Support: Around 166 Sats
Resistance: Around 430 sats
Cheers and be safe!
Investment advice and portfolio revealProbably I’ll post this text several times (under each ticker) that I mention below, as the meaning of the writing necessitate it.
Introduction and the mindset:
8-10% of my wealth is in the US stock market, other almost 90% in real estate in Europe. As for the stocks, you got to have a diversified portfolio in my opinion. As my experience tells me you can be lucky sometimes and you also gonna be unlucky at any given time (and unexpected all the time). So one can not count on luck and/or feelings (I call it being on Hope-ium). This is the reason for the need of diversification, especially in this unprecedented (word of 2020, right?) environment. Lots of analysts say the market is overvalued, stock prices are overstretched (the SPY and tech at least). I think this is partially true and it does matter sometimes, it does not matter too much other times and/or instances as you’ll see soon below. OK, too much talk already, I will show you my portfolio and talk about my ideas with numbers, entry points, targets and even risks.
My past fundamental ideas (as for reputation, not a bluffer):
In 2019 I only had 2 ideas, both based on my fundamental analysis and they were for investment (so, not for short term trade ideas). Tesla and Bitcoin. For TSLA my entry plan and buying advice was @ $426 in December (pre-split price, so if you are new, divide it by 5). For BTC I stated that I recon we have to wait for the beginning of 2020 (according to my plan it was most likely for about February) and buy the expected dip - according to my readings - at $5500. Of course Covid came and things got crazy, but we didn’t expect that. Lots of losses and learning, but here I share some useful thoughts and ideas. I learned technical analysis, but these fundamental ideas born according to my own research, also wanna add, I didn’t know any known influencer back then.
My recent/actual ideas and how to do it:
I divide my stock portfolio for 5 sectors in a way that if even 3 or 4 of them fails, the other 1 or 2 will pay out so much, I wouldn’t mind and never lose. My sectors watched: 1.REIT (they will pay dividends) 2.Energy (they will recover) 3.Commodities (we need them whatever happens) 4.Biotech (necessity too) 5.Insurance (self explanatory). The SPY is driven by tech, so I left it out for now (with a small exception), as no need to risk now, because tech is a bit overstretched at the moment and even if it’s going way higher, my ideas will too. But if tech is not going higher, I will still make profits (hence the so called ‘K-shape recovery’). Not easy to do this in such overvalued levels but not everything is expensive and also note, that not every cheap stock is going to die off, so the main buying habit of mine is what George Gammon likes also: “I buy a dollar for fifty cents” if I may quote him here. This idea means that I buy according to the actual (and my own) valuation, plus the current stock price of the company and not according to the momentum or the horde, in other words the ‘best performers’ according to popular Youtubers, similar influencers (or the mainstream media for that matter), as history shows that the majority loses and the minority wins (at least during those crazy unprecedented times like now when soon everyone is in the stock market examples I analysed: 1929, 2000, 2008). Doesn’t that tell you that it would be wiser to be on the side of Michael Burry during the 2008 stock market rally instead of everyone else? Yeah, I know, it’s not easy and also, “this time will be different” :D But jokes aside, I believe at least in a way this time it actually could be different, the task is to understand fundamentals, think a lot and make smart decisions based on your own research. And the more you read and think, the closer you might get to some advantage and solution that will pay off highly likely in every possible scenario in the future.
Why and how? A simple enough hint of mine for example is, if a stock is a ‘top performer’ that fact might actually mean it already did what we expected from it to do (otherwise why the term?), so you kind of could already be late, but you would never know. This is when FOMO comes in to play, beware! Sure, you can be lucky and participate in a bubble just like how it was with Yahoo in 1999-2000 but only afterwards (years later) could you for sure realize that it wasn’t a good idea to buy in around 1999 as you didn’t sell at the top (2nd of January, 2000) did you? Even though the “long term fundamentals” that they talked about back then, they all turned out to be 100% true, because tech went higher for sure, Apple is still a winning company, we are surrounded with computers, smartphones and it's all tech and internet and websites, we still use yahoo mail every day and listen to yahoo finance and so on. Tech is cool and king. Still, the dot com bubble was bad and painful for the majority. See, everyone was right except for the ones who bought in at the high prices because of FOMO. As you see now, those ‘top performers’ worked very well for those who bought in at the bottom or even half way to the top for swing trades (but that was just before you heard about them and not really any time later). So, the problem is that no one ever knows when is the top of a bubble or any kind of run up that is driven by sentiment if it’s not a slow and steady growth corresponding both the fundamentals and financials in other words the real growth of a company. So the solution is to better find one that is trusted and/or have future and not going bankrupt soon and is beaten down to the ground. That’s when you buy in. Warren teaches this too, but this is my own thinking and just a coincidence that the old man says it too. So, I reveal here all my stocks and investment picks that I either bought and/or had planned or advised to buy so far with my first entry prices during 2020 (not placed in order of any sort, but just random). The majority is investment for 3-5 years the exceptions are the swing trades (I mark them “swing trade” as they are not investments):
TSLA again @ $358 (pre split); NYMT @ $1; IVR anywhere below $4; NIO anywhere below $5 (swing trade); HEXO @ $0.74 (pre split); ASTC @ $1.82 (swing trade); CDEV @ $1; LMND @ $47; TXMD @ $1.2; LXRX @ 1.93; GNW @ $3.26 (swing trade); WPG @ $1 (pre split); CRSP @ $60; gold below $1700; AAL @ $10 (swing trade); AMC @ $2.84 (swing trade); BTC @ $5500 for investment (and was swing trade too, from $7000 to $9000 because I had to pay property tax and did it from the profit).