Value
TANLA PLATFORM : AVAILABLE ON HEAVY DISCOUNTIT sector is slowly recovering. Good time to buy IT stocks
50% price correction is done along with PE
PE is less than industry PE
promoters and FIIs are increasing stake
Public's stake is decreasing
VOLUME is increasing.
Running above 21 day EMA
TARGET -1 : 1350
TARGET -2 : 1600
STOP LOSS: 990
**These are my personal observations. Please trade at your own risk.**
BTC 🐂 OR 🐻The conditions of the end of the year and technical analysis give news of a pullback to the bottom of the price. But what are the clear reasons?
1. The price is stabilizing below the 50-day average
2. Around 39500 $-40200 $ CME gap will be completed sooner or later anyway
3.Low volume of traders.
$SOl updated price targets - Huge potential off physical productExplore the "Sol Play" strategy tailored for the resistance zone between 104.45 and 114.12, with set targets at 130.89 (Target 1) and 198.79 (Target 2). Utilize the current diagonal channel, ranging from -7.76 to 23.27 at the bottom and 147.36 to 180.06 at the top, for a straightforward approach to market movements.
Utilize charts for target points.
Resistance zone 1: $104.45 - $114.12
Target 1: $130.89
Target 2: 198.79
The key driver behind this play is the introduction of the Solana Phone. As the first phone with a decentralized app store, it marks a significant step in the mobile era of Web3. Offering self-custody on the phone via Seed Vault and access to Web3 native dApps, the Solana Phone introduces a real-world use case product into the crypto market.
This asset analysis focuses on the practical implications of the Solana Phone, recognizing its potential to bring a tangible, real-world utility to the crypto environment. The inclusion of a decentralized app store makes it a noteworthy development with implications for the broader crypto market.
GRT - Graph MASSIVE Upside Potential💎Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
The Graph is another excellent altcoin hold with great upside potential. This is one of the alts I'll be watching for a longer time hold💎
Originally launched on the Ethereum blockchain, The Graph’s mission is to help developers use relevant data to increase the efficiency of their decentralized application (dapp).
The Graph analyzes and gathers blockchain data before storing it into various indices, called Subgraphs, allowing any application to send a query to its protocol and receive an immediate response.
The Graph’s native cryptocurrency, GRT, is used to ensure the integrity of the data secured within its network. Any user, whether they are indexers, curators or delegators, must stake GRT to perform their roles, and, in return, earn fees from the network.
The Graph is an open-sourced software used to collect, process and store data from various blockchain applications to facilitate information retrieval.
The Graph is being used by popular Ethereum dapps like Aave, Curve and Uniswap.
From a SHORT TERM perspective, the technical indicators are looking bearish, showing sellers are in control. After observing an "overbought" signal, a healthy pullback seems likely. Lower buy opportunity!
It's important to note that any cycle takes months to complete, sometimes even stretching over a year. Keeping this in mind helps you set realistic timeframe-goals for price targets.
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CryptoCheck
BINANCE:GRTUSDT
FDX "FedEx" EarningsI see FDX forming a Bullish Pennant after surpassing a 52-week high and going into earnings. We have also seen record highs in online sales which signify an exceptional increase in Shipping/Transportation. I see this benefitting both FDX and UPS for their upcoming earnings reports and forward guidance. Let's see how this plays out!
Japanese Balance of Trade being released early in Sydney sessionJapan exports to U.S and Europe in similar quantities demanded. Observing the Yen per Dollar and Yen per Euro rates, 143.821 Yen per Dollar and 157.870 Yen per Euro. The euro displays strength as it costs more Yen to Purchase one Euro opposed to a smaller amount of Yen to purchase one Dollar.
HSY - Long term opportunityI tend to focus on technical plays. I like Hershey here, but more so for fundamental reasons.
Management's recent earnings forecast is solid; management also tends to be conservative in estimates.
The company certainly faces headwinds that shouldn't be ignored - continued inflation, the attention weight loss drugs are getting, and cocoa prices are at multi-decade highs.
Current PE is 19.64 while the historical PE ratio over the last five years is 24.75. That's 26% above where it currently stands. There may be some further downside, but I think ultimately much of the risk is priced into the stock.
HSY pays a dividend, but I don't see the yield at 2.6% as very material.
Alas, even on long-term buys, I focus on technical indicators to support the timing of entry. In this case, we have a stock at a 24-month low sitting at strong support. The MACD is showing positive divergence, as well.
I plan to play this by writing aggressive near the money puts in the volume shelf. Should I take ownership, I'll write covered calls.
Not a recommendation.
Flight Boarding - Grand Theft Auto 6Hey fellow gamers and number-crunchers, gather 'round! 🎮
Big news alert: Rockstar Games is dropping the first trailer for Grand Theft Auto 6 on December 5, 2023! twitter.com
Now, for those who live and breathe gaming, no further explanation needed. But hey, to the data lovers and boomers in the house, let me break it down for you.
Rockstar is the genius behind hits like Grand Theft Auto, Red Dead Redemption, Bully, and La Noire. Flashback to 2013 when they unleashed Grand Theft Auto 5, which turned out to be the best-selling console/PC-only game EVER. Talk about a gaming legend!
Fast forward to now, and GTA 5 has racked up a mind-blowing 185 million units in sales by August 2023. That's across three console generations and PC, making it the cash cow of the entertainment world.
Hold on to your controllers because Grand Theft Auto 6 is gearing up for launch, and the prediction is a whopping $1 billion in sales from the get-go! 🤑 Experts are betting on at least 25 million copies flying off the shelves on release day.
For the financial gurus out there, I've got the deets on TTWO Rockstar Games history prices in my previous analysis. And if you're eyeing the market, the sweet spot for entering the trade seems to be at that red horizontal line at 146 - 150. But here's the cherry on top: I believe we're aiming for a new all-time high beyond 210! 🚀
So, who's ready for the next gaming revolution? 🌟 Share your thoughts below and let the positive vibes flow! 🚀🎉
Bonk is Undervalued by at Least 1000%The chart shows classic price correction but this idea is not about classic technical analysis.
Under normal circumstances this bullish trade would be a process of several days or even a few weeks - dropping to resistance at 0.000015 and strong resistance at 0.000010. Then long in several strong waves.
But... these are not normal circumstances. Bonk is in the news and for good reason such as being listed on Coinbase and Binance, but that's not why I am excited.
BONK is undervalued to the point of bewilderment when you look under the hood and learn what is going on behind the scenes. Also, if you compare volume and turnover against the top 50 Cryptocurrencies it becomes even clearer. Dive deeper and discover how deeply connected BONK is with the Solana ecosystem and the projects BONK is aligned with. BONK is not just a meme coin.
I understand there is a lot more to it than trading prices when comparing the value of one coin again another however, in my opinion BONK is more valuable than Doge and several other 'big' players in the crypto space. Currently CRYPTOCAP:DOGE is trading at around $0.09 and BONK is $0.000025 and some others a lot higher and way over valued in some cases.
Disclaimer: I am not a financial advisor, this is simply an idea illustrating why I'm making my biggest investment of 2023 in BONK - when I told my friends today they thought I was crazy then I told them to put Bonk news into Google and get back to me... They want to know more now LOL :-)
BTC Price Prediction for USA Monetary BASEThe circulation of usable money in the US has changed considerably since the last bull run as a result of FED policies. The amount of usable money in circulation (M2SL), the so-called Monetary BASE 2, has declined since then. Therefore, when considering the BTC/USDT price, you may want to keep this chart in mind (I do).
Looking at the chart, you can see that the BTC/USDT price still hasn't reached the distribution area in the 40-45k range. However, if you look at the BTC/M2SL chart, you can see that this is exactly where it has been mitigated.
If you look at the other BTC/USDT chart I shared, I think you can draw meaningful conclusions.
Note: The red and green arrows on the chart show possible price movements (in my opinion).
The red box is the potential distribution area, and the green box is at least an accumulation zone for a potential reversal.
Trade Plan for ATT($T)The purpose of this is to document and track my trade plan for ATT. This is not financial advice and these are not plays.
Nomenclature: Accumulation to me is the acquisition of "free" shares that are paid for by profits on trades. I.E. If I buy 100 shares and sell 80 at 20% profit, the remaining 20 are "free" since my initial entry cost was recovered. If I do this 5 times, I have 100 "free" shares.
The Rules (Cause trade plans need rules.):
1. Upon entering an option position, a GTC order to sell at 20% profit (after fees) goes in immediately. Runners will only be a thing when 5+ contracts are purchased.
2. Stop losses are determined but do not go on the tape.
Indicators:
13/48EMA Daily
50/200SMA Daily
30SMA Weekly
SRChannels
Volume Profile
RSI
DMI
MACD
Stupid Willy
Cumulative Delta Volume.
Fibonacci retracements, extensions, channels with proprietary levels.
Trading methods:
Weinstein
Wyckoff
The idea to trade this popped on the radar when I was notified by a co-worker that ATT dropped to a ten year low. After looking at the chart, I saw a potential opportunity to utilize what I learned since the Gamestop sneeze and I do not mind holding ATT long term should a trade go horribly against me.
The goal initially was to swing trade an overreaction by the market and snag some dividends before exiting with a small profit. The Weinstein SMA(Burgandy MA Line) indicates an accumulation phase beginning so there is a possibility of scalping more alpha.
Comments in Orange are explicitly for Weinstein and Wyckoff commentary.
Random drawings will be fib levels and other artifacts from indicators that are off to clean up the publish.
$INJ Updated Target levels / Resistance and supportsAfter the great success of CRYPTOCAP:INJ since our last call I wanted to update some price targets.
It has had an absolute rip since my first call yielding about 100% gain in about a month.
I can see its success continue, but we need to break over the yellow updated resistance level outlined in this chart. (33.77)
Another Critical component of this trade to pay attention to is the recent fud posted to twitter yesterday.
This is the tweet I am referring to/ x.com
It claims that collusion among market makers is the only thing keeping the price up.
Another particularly alarming fact is the TVL compared to FDV
11m to 3 billion - which is absolutely horrendous.
I personally will take profit on a good portion of my position and let the rest ride at critical points outlined.
No point being greedy in this market. Plenty of opportunities await.
QS has above average 6 year potentialDespite the slowdown in EV sales, it appears this market will increase year over year. Solid State batteries will bring lower costs, improved ranges to vehicles which could bring a new wave of EV volume increases. QS is in a position to take a significant share of the Solid State battery market either through battery sales or through licensing of technology. Lack of revenue may be keeping QS lower for now, but cash on hand is impressive and some actual sales may hit the books in by 2025 or 2026. My opinion: Now is the time to go long on QS, and hold.
AIG Quietly Approaches Historic LevelsAmerican International Group had one of the biggest drops during the Global Financial Crisis. Now, after 15 years in the penalty box, the former Dow member could be fighting back.
The main pattern on today’s chart is the January 2017 peak of $67.47. It remains AIG’s highest level since October 2008 -- one month after the insurance giant lost about 90 percent of its value. (A 1-for-20 reverse stock split the following summer restored some of its value on a per-share basis.)
Given the importance of the GFC collapse, a break above last decade’s highs could make long-term investors view the stock as a comeback play.
Next is the January high of $64.88, which AIG probed early last month. Prices broke resistance in the second half of November and last week held the same zone. Has old resistance become new support?
Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in August.
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