XAUUSD Spot Gold sell-off may stimulate a rally LONGSpot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other
fundamentals like the Chinese government and indeed its citizens as well as the central
banks of several nations buying gold in high volumes support price from significantly falling from
here. Supported by volume profile specifics as well as the Fibonacci retracement levels
reversing the trend down, I see this as a buying opportunity where other dip buyers will hold
the price up and support the reversal. I firmly believe that the day will come where prices of
the present would be considered a huge bargain. At this time, they are fair value for sure.
Value
AMC 's CEO says no to bankruptcy and so it pumps LONGAMC on the 60 minute chart shows an early reversal out of a three week downtrend after
two months of a wide ranging price action that was sideways. The more or less takes
bankruptcy considerations off the table. In the meanwhile, the streaming services continue
to beat down movie theaters. No matter, AMC has new bullish momentum and the trading
volumes to support it. The PVT indicator shows the new trend. The TTM Squeeze indicator
triggering has relevance. The trend is your friend especially if you befriend it early. You never
know, the short squeeze Ape Nation has been hoping maybe just maybe could happen. I will
take a long position of shares here and insure them partially with a put option to cover a wide
stop loss of 15% given the expected volatility. For the shares, targeting 3.85 with 35%, 5.50
with 25% and the remaining 50% to run with a trailing stop loss.
USOUSD Spot Oil Jumps on Geopolitical Escalation LONGSpot Oil on 30-minute chart had a slow rise in the past 24 hours followed by a pause and then a
jump on the Israeli retaliation strikes into Iran. Middle East oil shipping in the Red Sea and
Persian Gulf are at risk and shipping insurance for ongoing shipments is likely to experience
heavy rate increases if shipping does occur. Houthi rebels may resume proxy attacks on the
behalf of Iran. New sanctions contemplated against Iran may include increased action on oil
exports and the Israelis could target oil infrastructure. Overall, spot oil now has a bullish
bias. I see good cause to increase oil based positions at this time. My target for spot oil
based on VWAP lines currently on the chart is 87.5 about 4% upside without leveraging.
The volume indicator shows increased buying volumes relative to selling. The PVT shows a quick
burst of trend momentum while the TTM indictor triggered and has an upgoing histogram.
FSM a silver junior miner poised to profit on silver's momentum FSM is on a 30-minute chart. The trade idea is that FMS suffers in drops in spot sliver but
thrives when spot silver rises as its fixed expenses in mining allow for increases in margin
in a curvilinear fashion when spot silver rises. This is more so than a senior miner such as FCX
that moves slower when metal prices rise or fall. I see the quick geopolitical dip in spot silver
as an opportunity to pick up junior miners ( including GDXJ the ETF) at a discounted price to
be held for spot silver recovery and then averaged out for realization of profits.
ENS LONG the whole gimmic of Fair value gap in the market cannot be understated, ENS is currently on its daily FVG zone which is the first signal for a reversal. Taking a trade here, my stops at the previous day low price and my first take profit at last 3 days candlestick high at $16 and full take profit at $16.6.
*not a financial advice
Dow market analysisA potential of 44% was detected against a temporary loss of 22% from the current level. Taboo this does not happen immediately. Patiently accumulate positions in the direction of the long-term goal. I don't expect the price to operate below 53.73, but if that happens, we should wait from 53.73 towards 46.10 and increase the position here. It will result in monetary expansion over a long period of time. Contrary to popular belief, stock markets are not falling markets. The chart wave structure is suitable for long positions. The psychological basis and the world conjuncture will bring the position target shown on the chart. It points to the change in dynamics that cause prices to remain under pressure for a long time. Ignoring the fluctuations, the strategy was determined in the direction of the target
BTC Education 2024 before HalvingHello everyone.
I'm not a BTC lover, but I'm not a BTC hater either.
but here I will provide insight into why according to my research and analysis, BTC will play at that level.
First of all, BTC will return to 0. There will be a possibility but it is very small because the BTC ETF has been released and also a lot of people are still using BTC as an investment tool and also as an instrument to trade.
Second, there is statement BTC always reaches an all time high. in my opinion it is very unlikely because if this happens there will be even more severe social inequality, because BTC is rumored to have a maximum amount which no one can confirm it almost 100%.
BTC has no connection to the world government and has no regulation. where no one will be responsible for the events that will occur in the future.
but why do such large companies as Blackrock and other institutions accumulate btc? in my opinion, it is a bad thing that they want to do to pump and dump (in order to get for that moment) which in my opinion is due to the bad economy in the world and especially also the US. besides that, that's why the bad thing can be proven by the BTC chart which this time is precisely 6 months before the BTC halving has been accumulated because generally if you learn about supply and demand, then their prediction in the btc halving this time is an opportunity to get demand to dump as much goods as possible and get a large return in a fairly short time.
do they not want to play this instrument in the future? well this is what I think BTC probably shouldn't be 0 as told by BTC haters.
But in my opinion, we also don't know clearly whether BTC will be safe from bad cases, for example, such as hacker cases, data breaches, and others.
Too many things are still questionable for BTC.
The world's economic and geopolitical situation is not good. That's where the gap will always be there to make something to be a dark horse used for the personal interests of individuals, groups of people, organizations or institutions.
Stay safe Guys
multiyear breakout+a typical rounding boottom The above company looks a good chart to keep on watchlist
the fundamental changes are something to watch closely .
NOW talking about levels, 1400 strong positional basis support area
where a retest if takes place would be a fresh add on current entry positions
a break out taking place after 2015 ie approx 9 years is something to be truly particpate into !
expect 2300 & 2770 targets in 18 months with stop loss below 1250
ALB - Looking massive, ready for a big move?NYSE:ALB retracing inside the 0.786 and 0.709 zone from it's ATH, price doing accumulation and seemly on the search of change of trend. Massive bullish divergences on the RSI. Price currently inside and over a huge demand zone and touching exactly over the 200 EMA on monthly chart. RSI looks oversold.
Huge fundamentals on this company.
The aviation industry is looking for its own TeslaI just now came across these two start ups working on EVTOLs (Electric vertical take-off and landing). One is ACHR (Archer Aviation - Archer Aviation ) backed up by $1 billion dollars from United Airlines, the second being JOBY (Joby Aviation - Joby Aviation ) Backed up by $400 million from Toyota and $60 Million from Delta Airlines.
I wanted to see others thoughts on this as they are both still early in their start-up phases and, from my understanding, not much will happen until 2025-2028. I am relatively new to performing Fundamental Analysis and wanted to share what I found with everyone.
ACHR is currently trading at $3.65 while JOBY is currently trading at $4.54. I've added links below to some articles from Yahoo Finance as reference.
The aviation industry is looking for its own Tesla (Yahoo.com)
Jetsons like travel in air taxis is as close as we've seen (Yahoo.com)
Fundamental Picks - Stock PE < 20 (NIFTY 50)📊 Script: BPCL
📊 Sector: Refineries
📊 Industry: Refineries
⏱️ C.M.P 📑- 585
🎯 PE 🏆 - 4.38
📊 Script: ONGC
📊 Sector: Crude Oil & Natural Gas
📊 Industry: Oil Drilling / Allied Services
⏱️ C.M.P 📑- 275
🎯 PE 🏆 - 8.24
📊 Script: COALINDIA
📊 Sector: Mining & Mineral products
📊 Industry: Mining / Minerals / Metals
⏱️ C.M.P 📑- 435
🎯 PE 🏆 - 9.14
📊 Script: SBIN
📊 Sector: Banks
📊 Industry: Banks - Public Sector
⏱️ C.M.P 📑- 750
🎯 PE 🏆 - 10.49
📊 Script: INDUSINDBK
📊 Sector: Banks
📊 Industry: Banks - Private Sector
⏱️ C.M.P 📑- 1482
🎯 PE 🏆 - 13.33
📊 Script: HINDALCO
📊 Sector: Non Ferrous Metals
📊 Industry: Aluminum and Aluminum Products
⏱️ C.M.P 📑- 614
🎯 PE 🏆 - 14.69
📊 Script: TATAMOTORS
📊 Sector: Automobile
📊 Industry: Automobiles - LCVs / HCVs
⏱️ C.M.P 📑- 963
🎯 PE 🏆 - 16.51
📊 Script: POWERGRID
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑- 281
🎯 PE 🏆 - 16.62
📊 Script: HDFCBANK
📊 Sector: Banks
📊 Industry: Banks - Private Sector
⏱️ C.M.P 📑- 1531
🎯 PE 🏆 - 17.12
📊 Script: NTPC
📊 Sector: Power Generation & Distribution
📊 Industry: Power Generation And Supply
⏱️ C.M.P 📑- 350
🎯 PE 🏆 - 17.38
📊 Script: ICICIBANK
📊 Sector: Banks
📊 Industry: Banks - Private Sector
⏱️ C.M.P 📑- 1067
🎯 PE 🏆 - 17.62
📊 Script: JSWSTEEL
📊 Sector: Steel
📊 Industry: Steel - Large
⏱️ C.M.P 📑- 864
🎯 PE 🏆 - 18.79
Formula to calculate PE = MVP/EPS
MVP - Market Value Per Share (Stock Price)
EPS - Earning Per Share
Industry(NIFTY50) PE - 22.7
Always Compare Stock PE with Industry PE for Better Understanding.
LOWER THE PE MORE ATTRACTIVE THE COMPANY.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
CGC trade from bounce at fib level LONGCGC fell in a standard Fibonacci retracement of 3 week trend up from Mid-March. News of
an application to issue a new class of shares may as well be considered a dilution of current
shareholders. CGC is 5 days away from National MJ Day of the 20th. I expect a further
pullback into the 0.618 level given the fundamental news but CGC could rally on trader interest
regarding the notable day. My trade plan is to buy a pullback if and whne it finds support at
6.15 and then enter long seeking the target of 7.95 which would be a Fib 0.5 retracement of
the trend down. I will look at other MJ stocks as well.
RIVN rises with LCID while FSR fails LONGRIVN popped today while FSR got halted and will be delisted. The 4H chart with BB and a
predictive algo added suggest it has room to 13.25. The indicators are supportive of that
forecast. I will take a long position here with a stop loss under the lower BB line. As to
my FSR put options I will watch them rise until expiration time. No hurry. No worry there.
RIVN's new models and FSR's demise should help for some bullish momentum until RIVN
catches a bit of FSR''s issues.
Biggest micro lender could be hurt by the dollar (short)South Africa's biggest micro lender could be hurt by the dollar and global uncertainty around the world since the banks make profit from people paying back loans and putting in deposits, people deposit less when everything in the economy becomes expensive because savings lags when compared to current state of the value of money and the purchasing power people have. This year financial stocks could also be hurt by the uncertainty that comes with elections also the policies that the new or current leadership of the country could choose to implement.
$MOS at less than tangoble book value is a buyI think the chart tells the story: NYSE:MOS is trading at the lowest price to book multiple (see lower pane) since the pandemic, which was also the low point over the past 20 years. In addition, there's a buy signal from a AB=CD pattern visible on the chart. The symmetric triangle short play has in fact reached its T1 target and may be played out. In addition, the stock looks poised to break through its longer-term down trend. If that should happen, I think it will accelerate the upside.
The reason for MOS' slump are simple enough: Soybean and corn prices are low, and those are primary uses for Mosaic's fertilizers.
On the plus side, though, MOS has been building financial strength over the past years, and its new and ramping Esterhazy (K3) mine in Saskatachewan, Canada isn't just the largest potash mine in the world, it's also one of the lowest cost ones. Meanwhile, the company has curtailed production at its (higher cost) Colonsay mine, also in Saskatchewan.
I think even without a recovery in fertilizer application (which will undoubtedly come), this setup promises higher margins for Mosaic. NYSE:MOS is cheaper than its fertilizer peers NYSE:CF and NYSE:NTR based on price/book or price/sales, and its forward P/E is in single digits -- far below the market. While I think that historically, the discount to peers was justified by MOS' inferior cost position, I would argue that the company has made strides to catch up.
I plan to enter a long tomorrow. This will be a long-term hold, so no target or stop loss.
BCH/USDT Trading ScenarioAfter a successful accumulation phase, BCH experienced significant growth in June 2023, rising from $90.6 to $330.1, representing an increase of over 267%. This was followed by a new accumulation phase, with the subsequent resumption of an upward trend.
BCH has reached the trendline twice, which serves as support. The volume profile confirms the stability of the current upward movement, as market participants continue to move up along the trend.
Currently, the BCH’s price has decreased by more than 40% from its last peak. The POC level could represent an attractive entry point. However, the possibility of continued decline towards the trendline should also be considered, where maintaining the trend may offer even more beneficial entry points for the BCH purchase.
AMC to $2 by JuneIt doesn't look good for AMC or any stock that is showing negative revenue. Fed is keeping the growth stocks and high-value tech sectors up while other struggling companies are dying to inflation and high rates. I think AMC will get the short end of the stick and continue to go down like it always has been in the past 3 years. It will bleed down to $2 by June if this keeps up. Hopefully, that will be the new bottom and the company will stay afloat. They need new/better movies and need to find a way to attract consumers back to their doors. Until then I think AMC could be a dead stock and possibly look for a buyout to avoid bankruptcy as early as 2025.
INDO- an Asian oil company jumps on geopolitical event LONGINDO may have spontaneously did a moonshort buy more likely it was the geopolitical
issues of Iran and a hypothetical reginal conflict impacting Iranian oil exports and the effect
on oil prices and energy companies everywhere including in Indonesia where INDO is based.
The chart shows abrupt volume and volatility out of no where almost instantly.
On deeper analysis, INDO started moving about April 1st the same date Israel successfully
targeted Iranian generals directing operations through proxies in the ambassadorship complex
in Damascus. This chart underscores how geopolitics can and does affect certain markets
in real time. The conflict is on pause while both sides and their allies assess strategic options.
I believe that INDO could continue but then again its momentum could fail and it could roll over
and fall Watching oil price will be a tip off here. Penny stocks are like catching a knife flying in
the air and then trying to throw it higher. There is some risk involved in hunting the reward.