Value
Uncertain EURUSD, but These Levels are likely ImportantUncertain EURUSD, but These Levels are likely Important
Dear Esteemed Members,
I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors.
As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently experiencing a downtrend. Examination of the four-hour chart reveals that the pair remains below both the 50- and 100-hour exponential moving averages in a downward trajectory. The relative strength index (RSI) is also bearish, dipping below 40, reinforcing the prevailing bearish sentiment. Immediate support is identified at the 1.0920 level (200-hour exponential moving average), followed by the 1.0880 level (lower boundary of the rising regression trend channel) and the 1.0850 level (Fibonacci retracement of the latest rise).
Conversely, potential resistance levels for the EUR/USD are at the 1.0970 level (100-hour exponential moving average), the psychological and static level at 1.1000, and the 1.1050 level (midpoint of the rising channel).
In addition to technical factors, fundamental influences shape the EUR/USD exchange rate in the coming days. Attention focuses on the upcoming United States December labor market report, encompassing non-farm payroll (NFP) changes, average hourly earnings growth, and the unemployment rate. Market expectations project a 170,000 increase in NFP, a decrease from the 199,000 recorded in November. A higher-than-expected NFP could bolster the US dollar, exerting downward pressure on the EUR/USD exchange rate. Conversely, a lower-than-expected NFP may weaken the US dollar and elevate the EUR/USD exchange rate.
Kind Regards,
Ely
Cross-Checking News Trading with Technicals on CARR-USDDear Esteemed Investors,
Everyone asked me to write an analytics on CARR. Although my forecasts achieved some success with this stock, let me remind you it's only a very small percentage of my portfolio. I can measure my exposure in hundreds of thousands, which is relatively small compared to my gold exposure, which I measure in millions. With that, I care about every one of my investments, and I hear your expectation to read analytics about this stock. Here you go.
Chart and Technical Indicators
CARR hit the target level of the last bullish forecast ($59.21 resistance), and technical indicators like MACD and RSI turned bearish. Under the chart, MACD shows bearish progress. Both MACD and RSI have a bearish cross on them. These are typical confirmations of resistance, and CARR hasn't defeated it yet. However, RSI still moves on the more bullish side of its chart, and MACD shows only a slight bearishness. It's not too late for CARR investors to continue the rally. Signs of continuation would be if RSI made a bullish cross again and MACD turned bullish. If they can break the mentioned resistance, a target of $61.12 is possible. With that said, the risk-reward ratio of a long isn't excellent here. So, I've taken profit of my long position from the last forecast. I estimate to open a new long if the price confirms support again around the $51.74 level. Breaking this support would suggest a downward trend rather than a healthy retracement. Downwards, the price can fall to lower trendlines below $48. If I open a new long, I'll use a tight stop loss setting.
News Trading: AI Natural Language Processing
Carrier Global has consistently delivered strong revenue growth in recent quarters, driven by higher demand for HVAC and refrigeration products. The company's recent acquisitions of Viessmann Climate Solutions and Honeywell's Global Access Solutions business expand its market reach and product portfolio. Carrier Global has a healthy balance sheet with a solid financial position. The company has the flexibility to invest in growth initiatives. The global HVAC and refrigeration markets can steadily in the coming years, driven by population growth, urbanization, and rising environmental concerns.
On the other hand, the ongoing supply chain disruptions have impacted Carrier Global's production and delivery of products, potentially affecting sales and profitability. Escalating inflation could put downward pressure on consumer spending on discretionary items such as HVAC and refrigeration products. The HVAC and refrigeration industry is highly competitive, with several players vying for market share. The ongoing geopolitical tensions and potential for global recession could dampen demand for Carrier Global's products.
Despite the potential headwinds, Carrier Global remains a well-positioned company with a strong track record of growth. The company's focus on innovation, strategic acquisitions, and expanding market reach should support its long-term growth prospects. However, investors should carefully monitor the company's ability to manage supply chain disruptions, inflation, and competitive pressures.
Disclaimer:
The success of my historic forecasts don't guarantee your future results. It's not an investment advice. Do your esearch. I wrote the analytics for entertainment purposes.
Kind regards,
Ely
Bitcoin: The Lunar Landing Is NearBitcoin has been on a tear in recent months, and many analysts believe that the cryptocurrency is poised for even more gains in the years to come. There are a number of factors that are driving the bullish sentiment around Bitcoin, including:
The upcoming halving event: Bitcoin's supply is halved every four years, which has historically led to a bull market. The next halving event is scheduled to take place in April 2024, and many investors believe that this will be a major catalyst for Bitcoin's price.
Growing institutional adoption: More and more institutional investors are beginning to invest in Bitcoin, which is seen as a sign of maturity and legitimacy for the cryptocurrency. This trend is likely to continue, as more and more investors realize the potential of Bitcoin as a store of value and a hedge against inflation.
Increased demand: The demand for Bitcoin is also increasing, as more and more people are becoming aware of its benefits. This demand is being driven by a number of factors, including the growing popularity of Bitcoin as a payment method, the increasing number of businesses accepting Bitcoin, and the growing number of people who are investing in Bitcoin as a long-term asset.
Based on these factors, it is clear that Bitcoin is on a bullish trajectory. While there is no guarantee that Bitcoin will reach the moon, the odds are certainly in its favor. If you are looking for an investment that has the potential to generate significant returns in the years to come, then Bitcoin is a good place to start.
Here are some additional reasons why Bitcoin is likely to go to the moon:
Bitcoin's limited supply: There will only ever be 21 million Bitcoins created, which makes it a scarce asset. This scarcity is one of the things that gives Bitcoin its value.
Bitcoin's decentralized nature: Bitcoin is not controlled by any central authority, which makes it immune to government interference. This makes it an attractive investment for people who are looking for a safe haven from inflation and other economic problems.
Bitcoin's technological innovation: Bitcoin is constantly evolving and improving. For example, the Lightning Network is a new technology that allows for fast and cheap Bitcoin transactions. This innovation is likely to make Bitcoin even more attractive to users and investors.
Of course, there are also some risks associated with investing in Bitcoin. The cryptocurrency market is volatile, and the price of Bitcoin can fluctuate wildly. Additionally, Bitcoin is a new and untested asset, so there is no guarantee that it will continue to grow in value.
However, the potential rewards of investing in Bitcoin are significant. If you are willing to take on some risk, then Bitcoin could be a very rewarding investment.
Ultimately, the decision of whether or not to invest in Bitcoin is a personal one. However, the evidence suggests that Bitcoin is a bullish asset with the potential to go to the moon.
Going Long Silver There are several reasons why investors may choose to go long silver. One reason is that silver has historically acted as a safe haven asset, meaning that its price has tended to rise during periods of economic uncertainty or market volatility. Another reason is that silver is a valuable industrial metal, with applications in a variety of industries, including electronics, healthcare, and solar energy. As demand for these industries grows, so does the demand for silver. Additionally, silver has been shown to have some inflation-hedging properties, meaning that its price may rise as the purchasing power of fiat currencies declines.
However, there are also some risks associated with going long silver. One risk is that silver is a relatively volatile asset, and its price can fluctuate significantly in the short term. Another risk is that silver markets can be less liquid than other asset classes, meaning it may be more difficult to buy or sell silver quickly without affecting the price.
Overall, going long silver can be a good investment strategy for investors who are looking for a way to diversify their portfolios and hedge against inflation. However, it is important to carefully consider the risks involved before making any investment decisions.
Picasso - PICA - Bringing IBC to Solana PICA is both the token of Picasso on Kusama and the Composable Chain on Cosmos. The PICA token exists to unify Polkadot, Kusama, and the Cosmos ecosystems through IBC transfers.
Both the Cosmos and Polkadot ecosystems are rather large, but not in comparison to the Solana or Etherium ecosystems. This is where the true genius of PICA lies. The Picasso chain will facilitate an IBC connection, first with Solana, and then Etherium. This means that the DeFi ecosystems of Solana and Etherium will become interoperable with Polkadot and Cosmos, making the Picasso chain the epicenter of an insane amount of liquidity.
This is why I am incredibly interested in this project.
#MINT. French Net Net stock with big upside.October's Earnings saw #MINT fall into a negative Enterprise Value with the business now valued less than it's cash and assets on a per share basis.
The business is growing with a positive ROE and ROIC and has a huge runway in front of it.
It's unusual to find such a business in net net territory and I like that insiders continue to buy shares in the business.
Buying at around the 3.5 Euro price is a bet I'm willing to take.
The SOLID State Battery Revoloution is upon us - QuantumScapeTarget 1: $15.32
Major Resistance Level: $18.48
Target 2: $26.77
Target 3 / Resistance Level: $36.10
Long Term Target 1: $53.92
Long Term Target 2: $79.65
Major Resistance Level: $95.82
(Disclaimer - After today's massive jump on Volkswagen news, it's likely we will see at least a small pullback. But in the grand scheme of things if this technology is actually what we are hearing, this is just a drop in the grand bucket)
Investing in the Future: QuantumScape Corporation and the Solid-State Battery Revolution
In the fast-evolving landscape of electric vehicles (EVs) and renewable energy, QuantumScape Corporation (NYSE: QS) is emerging as a trailblazer with its groundbreaking solid-state battery technology. Recent developments have sent the company's stock soaring, underlining the potential transformative impact of QuantumScape's innovations on the future of energy storage.
Milestone Achievement with Volkswagen Collaboration
QuantumScape's recent surge is attributed to a significant milestone achieved in collaboration with Volkswagen. The company successfully tested its anodeless solid-state lithium-metal cells technology, confirming its capabilities through an A-sample test. PowerCo, an independent entity, validated the test results, revealing that QuantumScape's solid-state cell not only met but exceeded the requirements of the test.
Impressively, the solid-state cell completed over 1,000 charging cycles, equivalent to a remarkable half a million kilometers of travel for an electric car with a WLTP range of 500-600 kilometers. Even more compelling is the fact that the cell demonstrated minimal aging, retaining an impressive 95% of its capacity or discharge energy at the end of the test.
PowerCo CEO Frank Blome expressed his optimism, stating, "These are very encouraging results that impressively underpin the potential of the solid-state cell." The successful completion of this test positions QuantumScape as a frontrunner in developing a battery cell that could offer extended ranges, rapid charging capabilities, and minimal degradation over time.
Technical Advancements Driving QuantumScape's Success
QuantumScape's technology addresses critical challenges faced by traditional lithium-ion batteries, which are approaching the limits of their energy density. The company's innovations include an anodeless architecture and a proprietary solid ceramic separator, leading to notable improvements in energy density, charging speeds, and safety.
Key advantages of QuantumScape's solid-state battery technology include:
Energy Density: Significant increase in volumetric and gravimetric energy densities by eliminating graphite/silicon anode host material.
Fast Charge: Enables less than 15-minute fast charging (10-80%) by eliminating the lithium diffusion bottleneck in the anode host material.
Extended Life: Eliminates capacity loss at the anode interface, thereby extending the useful lifetime of the battery.
Enhanced Safety: Replaces the organic separator with a solid-state separator that is nonflammable and noncombustible, significantly improving safety.
Cost Efficiency: Lowers costs by eliminating the anode host material and associated manufacturing costs.
Investment Considerations
QuantumScape's recent success and technological advancements position the company as a key player in the future of energy storage. The collaboration with Volkswagen further strengthens its industry standing, and the positive test results underscore the viability of its solid-state battery technology.
Investors should note that QuantumScape's stock has experienced a notable uptick, reaching its highest level since early August. However, with short interest at 15.6% of the total float, some volatility may be expected.
As QuantumScape continues to perfect and scale its manufacturing processes, investors have the opportunity to align themselves with a company at the forefront of revolutionizing energy storage. The upcoming Q4 earnings report, expected in the middle of February, will be a key indicator of the company's financial health and growth trajectory.
In conclusion, QuantumScape Corporation presents a compelling investment opportunity for those seeking to participate in the transformative shift toward more efficient, safer, and longer-lasting energy storage solutions. As the world increasingly embraces electric vehicles and sustainable energy practices, QuantumScape stands poised to play a pivotal role in shaping the future of the industry.
$KUJI - Kujira // Explore a potential value playI have been looking into CRYPTO:KUJIUSD in the last days, and I found some interesting key points.
I like how the flush yesterday was absorbed and nearly no damage done on the price.
Kujira community is building a suite of integrated DeFi products. It might just misses an outbreak app to capture more attention.
Token emissions are done since November 2023. All investors received their tokens and are free to sell whenever. Network Stakers receive 100% of transaction fees on the network and connected applications.
In comparison undervalued to other projects like BINANCE:INJUSDT or BINANCE:SEIUSDT which have to show less ecosystem projects and only more prominent backers and a lot of narrative.
PFE opportunity or value trap?I have been following PFE for a while last year and almost added it as a staple to my core dividend portfolio which is about 25% of my long-term investing portfolio. The stock just printed its first whole bodied green candle since December of two years ago. The RSI is at historical levels not seen since 2009. The PE ratio has expanded a bit but still offers some multiple expansion here.
With a dividend over 5% and the stock having a huge margin of safety, this could be a strong bet to outperform money markets and provide a decent return. The stock rides the lower end of the Bollinger bands, it also saw 9 straight down months last year, similar to Verizon. I am very close to adding a huge chunk here before 30$. Even a 10% return this year with that 5% dividend is a win in these unsure markets.
HDAO. Buy it.It is difficult to provide any in-depth technical analysis here due to the relatively low volatility and the completely unique niche that asset occupies. I just want to point out Fibonacci opportunity. Also, I think Vitalik Buterin mentioned this at the previous bull market peak. Bankless DAO Treasury owns HDAO. Partnership with Axie, Moonbirds, Polygon, Thetan Arena, Coingecko... Sir... And this one has only $400k cap?...
Check out site, idea, concept and understand that it not even on any exchange yet... BUY IT.
Smart Money PIVOTS Match colors and you’ll get the point. Realize the trend has stuck in between the volume yellow lines. Thats why it’s so important to know trends can get rejected and stay within volume.
Contraction brings also back the trend to its horizontal red line until smart money decides to make the big move.
Hidden: 4 hour pivot matches with 6 hour pivot. They both agree.
Red is a possibility which meets up as an equal lows.
Descending triangle Smart Money Bluff Many ideas claim through a pattern that a descending triangle will bring a big BTC fall.
I have no doubt this is a smart money bluff. If I had to pick from a pattern and price action, I’d go with price action, it weighs more.
Learning patterns is one of the basic elementary teachings, we learn in trading. Which is good I’m not against it, but I would rather use it for guidance and never for buying or selling.
It’s smart money who create these patterns for us to see. As general traders buy, smart money knows how much in quantities to sell in order to create a pattern. Buying and selling accomplish a pattern. Therefore, I would rather not rest assured on a pattern.
This is a 4 hour chart and I’ve added the one day chart bullish green trend. Both point in different directions; these are hidden pivots, which are calculated.
Bullish up reversal, wick to wick confirms a reversal with a hoping breakout trend.
So I’m going to trust price action then to lean on a descending triangle.
Remember, this chart can take place right away or may take its time. It doesn’t mean it’s gonna follow the trend lines. The way the price lines point out, it may zigzag up and down, but will reach its destination.
Zigzag because many traders will sell for losses. Therefore, we will have some dips due to panic but will eventually recover plus BTC will have much more value. While traders sell, smart money will buy certain quantities in order to help recover BTC.
Remember, it doesn’t benefit smart money if they dip BTC very low because they know many traders will jump in the trade to even say many are on standby.
I’ve expressed myself with facts so you can rest assured things are still on board. We may have some delays but will make its way up sooner than we think.
Bajaj Finance - Management Quality & Economic MoatNSE:BAJFINANCE
Bajaj Finance Ltd, one of India's largest and most diversified Non-Banking Financial Companies (NBFCs), has exhibited robust management quality and developed a significant economic moat in the financial services sector.
Management Quality:
Strategic Growth: Bajaj Finance Ltd has shown a consistent focus on strategic growth and resilience, particularly evident during the COVID-19 pandemic. Despite the disruptions caused by the pandemic, the company maintained a nuanced strategy on acquisition and underwriting across its businesses. This adaptability reflects strong managerial foresight and capability.
Financial Performance: In FY2022, Bajaj Finance recorded a 29% growth in assets under management (AUM) and a 59% growth in profit after tax on a consolidated basis. The company managed to achieve this impressive growth despite disruptions in business and elevated credit costs.
Capital Adequacy and Risk Management: Bajaj Finance remains well-capitalized with a capital-to-risk weighted asset ratio (CRAR) of 27.22% as of March 31, 2022. This is among the best for large NBFCs in India. The company's robust risk management practices have resulted in a strong portfolio quality, with Gross NPA at 1.60% and Net NPA at 0.68%, among the lowest in the industry.
Operational Efficiency: The company's operational efficiency is highlighted by its diverse customer base, digital transformation, and omnichannel strategy. This approach has enhanced customer experience and contributed to business growth.
Economic Moat:
Market Position and Sectoral Importance: As an NBFC, Bajaj Finance has become an integral part of India's financial sector. Its assets, worth more than ₹54 lakh crore as of March 31, 2021, constitute about 25% of the balance sheet size of the banking sector.
Rapid Asset Growth: Over the last five years, NBFCs' assets have grown at a cumulative average growth rate of 17.9%, with Bajaj Finance being a key contributor.
Customer Expansion: Bajaj Finance's customer franchise grew significantly, adding 2.21 million new customers in Q4FY22 alone. This growth in customer base is a testament to the company's strong market penetration and customer retention strategies.
Diversification and Innovation: The company has diversified its product offerings and continued to innovate, leveraging its understanding of regional dynamics and customer preferences. This diversification has enabled it to tap into various market segments effectively.
Strengths and Weaknesses:
Strengths:
High growth rates anticipated by analysts in the coming years.
High profitability due to outperforming net margins.
Frequent upward revisions of sales forecasts.
Strong analyst recommendations and upwardly revised price targets.
Weaknesses:
High valuations in earnings multiples.
High valuation levels compared to the size of its balance sheet.
Limited generosity in shareholder compensation.
Conclusion
In summary, Bajaj Finance Ltd demonstrates strong management quality characterized by strategic growth initiatives, robust financial performance, and effective risk management. Its economic moat is underpinned by its significant market position, rapid asset growth, customer expansion, and product diversification. The company's strengths in maintaining high profitability and adapting to market changes are counterbalanced by concerns about its high valuation levels and shareholder compensation policies.