Fedex Taking Flight?Fedex took a 10% dip today based on their earnings report on Sept. 19th, 2024. Their profit showed a decline of profit near $382 million year over year. However reading into it, they invested heavily in cost reductions and optimization that should start being evident in the next year or so. Fedex right now seems like an undervalued stock pick. We could possibly see a correction to the Gap Fill Target of 300$ in the next two or three weeks.
Volume
Reddit increasing value; Indicators showing strength After a dowward movement since July 15th, we got a support and a change direction in early August, however during several days, the price oscillates making a rectangle.
The price cross over the rectangle resistance before FED cut interest rates.
The price went long and we can confirm with volume that transaction are rising.
At the moment the price are in an important resistance, nevertheless this time, MACD is above 0, and ADX is crossing DMI- with DMI+ already in a long direction.
It can be a cautious entry, by just waiting for a strong bullish candle, or be more agressive and take the opportunity from the indicator
Insiders loading - BIG GAP FILL POTENTIAL - AMLX - BIOTECH PLAYInsiders high level are loading up shares in the sub 3.00 area, I will personally scoop up shares between 2.99-2.54 Below that this plan is invalid. Stop placed at 2.54.
HUGE POTENTIAL FOR GAP FILL ON ANY POSITIVE NEWS. GOING THROUGH NO MANS LAND WITH VOLUME MEANS HUGE POTENTAL.
Because these things can be event based set your limit sells at numbers that make sense for you.
I will be cutting 35% around 4.30-4.40. Might buy back if it drops to 3.80s before any gap filling takes place.
Looking at a 43% upside from these levels to recent highs and if a bullish event-based volume day happens... Well, 6.51 is the next stop, and possibly $11.
Not a bad risk/reward ratio here.
Maybe the insiders, CFOs directors know something we don't just yet.
PLTR signals reversal is close byPLTR gaps below upward trend line showing last few days as a false breakout with price exhaustion
horizontal support forms. Once PLTR breaks below this and holds, more selling to come
RSI pushes below SMA showing validation with the move.
Volume increasing on the gap also giving validation to the recent move down
We should start to see more weakness in the stock going forward for a little bit.
NASDAQ near the buyers' zone. H4 04.09.2024NASDAQ near the buyers' zone
The NASDAQ stock index is forming a correction and is approaching the strong zone of buyers 18293-18579 from which I expect its rebound upwards. So far the move down is within the correction and now the price is trading in the margin zone. But as for me, there is not enough downward manipulation and then we will look at the buyback volumes. If they appear, we will act.
Investing in Sanghvi Movers Limited: A Lucrative OpportunityIntroduction
Overview of Sanghvi Movers Limited and its global leadership position in the crane rental industry.
Brief introduction to the focus of the article: financial performance, strategic initiatives, and growth potential.
1. Company Overview: The Strength of Sanghvi Movers Limited
Market Position: Largest crane rental company in India and Asia; fourth-largest globally.
Client Base: Serving industries like power, steel, cement, petrochemicals, and wind energy.
Fleet Size and Expansion: Overview of the current fleet of 346 cranes.
2. Financial Performance: Key Growth Indicators
Revenue Growth: Breakdown of the 33.2% YoY increase in revenue from FY 2022-23 to FY 2023-24.
Net Profit Surge: Highlighting the 67.7% growth in net profit YoY.
EBITDA: Analysis of the rise in EBITDA to Rs. 409 crores.
3. Strategic Initiatives for Future Growth
3.1 Project Samruddhi: Organizational Restructuring
Creation of independent business verticals for renewables and logistics.
Impact of this restructuring on Sanghvi Movers’ operational efficiency and risk diversification.
3.2 Project AAROHAM: Partnership with Bain & Company India
Strategic collaboration and its two-phase plan.
Long-term growth potential through enhanced market leadership.
4. Capital Expenditure: Expansion Plans in Motion
Detailed breakdown of the Rs. 334 crores spent in FY 2023-24 for new cranes and equipment.
Plans for further capital expenditure in FY 2024-25.
5. Market and Industry Analysis
5.1 Industry Leadership
Sanghvi Movers' dominance in India and Asia’s crane rental markets.
Competitive advantage in serving diverse sectors.
5.2 Construction and Renewable Energy Industry Trends
The Indian construction sector’s projected 5% CAGR during 2025-2028.
The renewable energy sector’s growth outlook to USD 46.7 billion by 2032.
6. Operational Efficiency and Fleet Utilization
Fleet Utilization: Increase to 84% in FY 2023-24.
Operational Efficiency: How the company maintains a 2.2% average blended yield per month.
7. Sustainability Initiatives: Building a Greener Future
Sanghvi Movers' commitment to eco-friendly technologies and energy conservation.
Waste management practices and corporate social responsibility efforts.
8. Corporate Governance and Risk Management
8.1 Governance Framework
Overview of Sanghvi Movers' transparent and ethical governance structure.
Importance of internal and external audits for financial transparency.
8.2 Proactive Risk Management Strategies
The company’s approach to identifying and mitigating business risks.
Use of advanced risk assessment frameworks.
9. Financial Ratios and Metrics: A Closer Look
9.1 Gross and Net Profit Margins
Improvement in gross profit margin to 61.6% and net profit margin to 30.4% in FY 2023-24.
What these ratios reveal about operational efficiency.
9.2 Debt-to-Equity Ratio
Analysis of the company’s debt-to-equity ratio of 0.16, indicating a strong balance sheet.
Implications for financial stability and future investments.
9.3 Current Ratio and Liquidity
Examination of the current ratio of 2.05, signaling Sanghvi Movers’ liquidity health.
9.4 Return on Equity (ROE)
High ROE of 186%, highlighting profitability relative to shareholder equity.
10. Past Performance: Building a Strong Foundation
Overview of revenue growth from Rs. 3,262 million in FY 2020 to Rs. 6,467 million in FY 2024.
Net profit increase and its significance for long-term investors.
11. Present Performance: Analyzing FY 2023-24 Highlights
Key financial achievements from the recent fiscal year.
The importance of improved operational metrics in maintaining market leadership.
12. Future Growth Prospects and Market Expansion
How Sanghvi Movers plans to capitalize on growth opportunities in renewable energy, steel, and industrial sectors.
Expected revenue and profit growth for FY 2024-25 and beyond.
13. Value Proposition for Investors
Financial Health: Strong financial ratios and sustainable profit margins.
Growth Potential: Benefits of investing in a company with a diversified revenue model and solid market position.
14. Stock Market Performance and Shareholder Value
Analysis of the share price increase by 22.8% in the last year.
Sanghvi Movers’ stock as a long-term investment option.
15. Price Prediction
Analyzing the chart, we see that the price has been interacting with key Fibonacci levels. Currently, the price is around the 813.50 mark, which is close to the 0.236 retracement level. Historically, this level often acts as a strong support or resistance. If the price holds above this level, we might see a bullish trend continuing towards the next resistance levels at 900 and 1000. Conversely, if the price breaks below this level, it could indicate a bearish trend, potentially moving towards the lower Fibonacci levels at 700 and 600.
16. Conclusion: A Lucrative Investment Opportunity
Summary of the reasons why Sanghvi Movers is an attractive investment.
Strong financial performance, strategic growth initiatives, and a commitment to sustainability as key factors.
long setup LUNA double bottomsince luna has printed a double bottom we can assume it wil rise higher. to the 0.5 fib or even higher. i prefer to take profit little below the 0.5... just in case.
so this is my long setup for LUNA/USDT.
please leave comment below what u think about this setup. thanks.
happy trading. cheers!
(MSOL) marinaded staked SOL "lots of volume recentlyl"marinade staked SOL is seeing a lot of consistent volume all of the sudden in recent weeks. The price is doing exceptionally well compared to the majority of cryptocurrency and I wonder what is the reason behind the storied chart? Since October the price grew and never really had a problem with losing price. More recently, and on-going, the volume is much more compared to the entire year of 2024. Lots of volume.
Continued growth of WTI. H4 17.09.2024Continued growth of WTI
Oil rebounded from important support in the region of 65
and started to grow, I believe medium-term.
I do not exclude intermediate corrections, but in general
we aim at the area of 73 and there I will be specified.
On the way of growth we have resistance in the area of 71.50
and from there we can bounce down locally. But I believe that
then we will continue the growth to the specified targets.
SBFM pre market actionTrading at around 3.15 right now. Interesting stock with huge pre market volume. Me thinking, may be more price action during the day and the following days. Grabbed some. Stop loss, who knows. Leaving a bit bigger than usual. Trade according to your plan, and bet the amount you are willing and comfortable loosing.
EUR/USD Day Trading Analysis With Volume ProfileOn EUR/USD, it's nice to see a strong buying reaction at the price of 1.10850.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Uptrend + GAP and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
QQQ continues to test major resistanceQQQ rallied up its resistance and tests with false breakout
Volume increases over day before yesterday as resistance is tested again
RSI trends downward and stays below SMA
QQQ has been trending downward since August and now trying to break through its major resistance. Generally September and October are not great months for the market so extra caution must be taken during this time
Points of Interest on BITCOIN before FOMCI'm watching the price action closely today as we approach the CME gap at $61.5k.
We have not yet taken the previous high on the CME chart. The gap is still open a little bit. We've also accumulated some liquidity at about $57.2k. It is also wednesday, which is know for it's trend reversal.
GBPJPY Weekly Chart: A Strong Support Zone in PlayIn the world of forex trading, the GBPJPY pair has been a fascinating one to watch. Over the past four years, we’ve seen significant price movements, but one thing has remained consistent: the trendline drawn from the lowest price points on the weekly chart. This trendline has acted as a robust support level, and it appears that we might see it come into play once again.
Chart Analysis: The weekly chart of GBPJPY shows a clear trendline connecting the lowest price points over the last four years. This trendline has been respected multiple times, indicating its strength as a support level. Currently, the price is approaching this trendline, and traders are watching closely to see if it will act as support once again.
Key Observations:
Historical Support: The trendline has provided support on several occasions, leading to significant price bounces.
Current Price Action: The price is nearing the trendline, suggesting a potential bounce if the trendline holds.
Volume Analysis: Recent volume bars show increased trading activity, indicating heightened interest as the price approaches this key level.
Trading Strategy: For traders looking to capitalize on this potential support zone, it might be wise to wait for confirmation of a bounce before entering a long position. This could be in the form of a bullish candlestick pattern or a significant increase in buying volume.
Conclusion: The GBPJPY weekly chart is presenting a compelling case for a potential bounce off a well-respected trendline. As always, traders should use proper risk management and wait for confirmation before making any trading decisions.
XRP Daily ChartStill in this range, moving up on the lower timeframes since Trump tweeted.
See if it can break out of this range after over 9 weeks of consolidation.
Do see the wick below being filled eventually around $0.40.
Wait for a break on either side, above $0.64 buys continue toward $0.70+
A break below the lower $0.50s should easily continue toward $0.43.
AUD/CAD continue with the UptrendOn AUD/CAD, it's nice to see a strong buying reaction at the price of 0.91330 and 0.91140 .
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale