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Technical Analysis on Alibaba (BABA)Alibaba ( BABA ) has been in a long-term downtrend that began in October 2020. In the medium term, however, the price has entered a phase of compression, suggesting a possible pause or reversal of the trend. Analyzing the volumes using the Volume Profile, we can see that the price is currently caught between two key Points of Control (POC): POC 1: A significant volume level that considers the entire historical data of the stock, located around the $80 area. POC 2: A medium-term POC that reflects the current phase of compression. Bullish Scenario: To consider a potential bullish scenario, it will be necessary to wait for the price to reach POC 1, located around the $80 area, followed by a breakout and a possible retest of the descending trendline. The first significant resistance and target for this bullish scenario is around the $120 area. Bearish Scenario: For a continuation of the downtrend, it is important to monitor the price in relation to the two POCs. If the price drops below both levels and breaks the ascending line, with a possible retest, we could see an extension of the downward movement.
NYSE:BABA
by Giovanni_Bandini
Technical Analysis on AMD (Advanced Micro Devices)Analyzing the historical performance of AMD , a key turning point is evident that marked the beginning of the current bullish phase—starting at the end of 2015. During this period, the stock held an important support level, followed by a decisive breakout of the bearish trendline. On a daily timeframe, this breakout was accompanied by a gap up, known as a breakaway gap. During the upward phase, the stock experienced pullbacks ranging from 40% to 60%. The most recent pullback, which began with a Shooting Star candle, was 45% and stopped precisely at a crucial Fibonacci level of 0.618. Bullish Scenario: To confirm a continuation of the bullish trend, AMD must first surpass the $160 area and then the $190 area, a range characterized by significant volumes. Bearish Scenario: If the stock fails to exceed these two levels, it could continue its retracement by breaking the ascending trendline. Two potential entry levels can be found in the POC area around $180 and the support area around $95.
NASDAQ:AMD
by Giovanni_Bandini
QQQ gives more strength to its bullish turn aroundToday QQQ started with another gap up breakout for the 2cd day in a row. Stock retraced then rallied again in the late day. Stock gapped up again doing another breakout weakening the week long sell off trend. Retracement that was expected sold off less and at slower pass than the day before Late day smart money jumped in and pushed the stock to higher highs Volume experienced a massive spike in last moments of trading which can be indication of price exhaustion. This should cause a temporary pull back next trading day Overall the bull thesis for QQQ is getting stronger each day.
NASDAQ:QQQLong
by ratchet-mint
2
Technical Analysis on Intel (INTC)Using long-term volume analysis with the Volume Profile, we observe that Intel's ( INTC ) current price has moved below a significant monthly Point of Control (POC). To gain a clearer perspective, it will be crucial to wait for the monthly close to determine whether the price remains above or below this POC level. By zooming in to the daily or H4 timeframe, we notice a potential rounding formation in both the candlesticks and volume, indicating a possible shift in trend direction. Bullish Scenario: To confirm a bullish scenario, it will be necessary to wait for a monthly close above the POC. This signal will be strengthened if the volumes increase as well. Bearish Scenario: If the price stays below the POC, the bearish scenario suggests potential targets, as illustrated in the image below. It may be possible to consider short entries at the levels indicated as Target 2 and Target 3.
NASDAQ:INTC
by Giovanni_Bandini
Waiting for WTI rebound. H4 30.08.2024 Waiting for WTI rebound Oil WTI has been flattening with pullbacks all week, which is exhausting. My top-up was knocked out together with the rest of the last buy. Although the total plus came out due to partial fixation. Now the price is back to the key support area, it went down to the buyers' zone 73.34-72.63 and near the specified 1/2 margin. There are no large volumes, which is confusing, but they can make a buyback. Therefore, you should look here for confirmations on your strategy. If pushed the zones below, then the price will go to 71.
THINKMARKETS:WTILong
by KovachTrader
SPY shows more interest in rallying than beforeSPY is starting to show more signs that a breakout above the flat trading its in is coming We see increased volume over peaks of previous rallies indicating agreement with pushing up prices RSI's SMA starts to break through the 50 line comparing to the QQQ, its experiences another false breakout above for the second day in a row. Showing the tech sector is attempting to turn around to the upside SPY continues to still trade flat but show more confidence in its small rallies than previously
AMEX:SPY
by ratchet-mint
Potential Breakout Opportunity in Bajaj Finserv Ltd. Bajaj Finserv Ltd. is currently forming a classic ascending triangle pattern on the monthly chart, a bullish continuation pattern often signaling a potential breakout. The price has been consolidating within this pattern, making higher lows, and is now approaching the resistance level at around ₹1,925. Key Levels: Support: The lower trendline, which has been acting as a strong support, currently lies near ₹1,600. Resistance: The upper trendline, around ₹1,925, is the critical level to watch for a breakout. Target 1: ₹1,925, where the price is expected to test the resistance. Target 2: ₹2,300, which could be the next significant level if the breakout holds. Indicators: RSI: Currently around 62, indicating momentum is building but not yet overbought, supporting the potential for further upside. Volume: Gradual increase in volume suggests accumulation, which might fuel the breakout. Disclaimer - This is just for education purpose only. Take financial advice from financial advisor before investing.
NSE:BAJAJFINSVLong
by jeet20
3 Reasons Why Insider Selling Wont EndInsider selling is like a mole rat on a farm they are hard if not impossible to get rid of infact, some farming experts say mole are good for the soil fertility i was watering a ground where a mole had made a tunnel, and i noticed that where the moles had not drilled into the ground the vegetables are not growing well as compared to where the moles had drilled underground tunnels Its a very similar concept when it comes to trading the only difference here is that: 1-Insider selling gives you a map of what to do 2-Insider selling is public information 3-Insider selling helps you as a trader In insider selling is good because it will help you find the right trades Watch this video again to learn more about this Also rocket boost this content to learn more. Disclaimer:Trading is risky you will lose money wether you like it or not and so because of this please learn risk management and profit taking strategies before you engage in trading.
NYSE:PGLong
by lubosi
BASF India - Diversified Investment**Overview and Key Highlights** 1. **Revenue and Profitability**: - **Revenue**: BASF India Limited reported a revenue of Rs. 137,674.8 million for the financial year 2023-2024, showing a slight increase from Rs. 136,447.7 million in the previous year. - **Profit Before Tax**: The company recorded a profit before tax (before exceptional items) of Rs. 7,589.5 million, up from Rs. 5,280.9 million in the previous year. 2. **Dividend**: - The Board of Directors has recommended a dividend of 150% (Rs. 15 per equity share), an increase from 80% (Rs. 8 per equity share) in the previous year. 3. **Segment Performance**: - **Agricultural Solutions**: Registered good growth driven by products like Exponus® in insecticides, Priaxor® in fungicides, and Tynzer® in herbicides. - **Industrial Solutions**: The Dispersions business saw higher volumes despite lower price realizations, while the Performance Chemicals business faced challenging market conditions but improved margins due to lower input costs. - **Materials Segment**: Performance Materials and Monomers businesses showed significant growth, driven by high demand and new product sales. - **Surface Technologies**: Coatings business improved marginally, while Catalysts business saw strong volume growth but faced higher input costs. 4. **Sustainability and Environmental Initiatives**: - BASF India Limited has been focusing on environmental stewardship, achieving REDcert2 Certification for its Dispersion plants and reducing dependence on fossil fuels by procuring renewable energy. - The company has also launched initiatives like BASF Kids’ Lab and We-Chemie to promote chemistry education and inclusion of women in the chemical industry. 5. **Corporate Governance and Compliance**: - The company has maintained high standards of corporate governance, complying with all relevant regulations and standards. - There were no significant qualifications or reservations in the auditors’ reports. **Financial Ratios and Performance Metrics** 1. **Revenue Growth**: - The revenue growth rate is approximately 1.1% year-over-year, indicating stable performance despite global economic uncertainties. 2. **Profit Margin**: - The profit before tax margin has improved from about 3.9% in the previous year to around 5.5% in the current year, reflecting better cost management and product mix. 3. **Debt and Liquidity**: - The company had no borrowings as of the end of the financial year 2023-2024, indicating strong liquidity and financial health. - The debt-to-equity ratio was nil, further highlighting the company’s robust financial position. 4. **Return on Equity (ROE)**: - Although not explicitly stated, the ROE can be calculated using the profit after tax and shareholders' equity. Given the profit after tax of Rs. 5,633.5 million and shareholders' equity of approximately Rs. 32,235.8 million, the ROE would be around 17.5%, indicating a healthy return on equity. 5. **Cash Flow**: - The company generated cash from operations of Rs. 8,072.4 million during the year, demonstrating efficient working capital management. **Core Business and Strategic Initiatives** 1. **Product Diversification**: - BASF India Limited operates across various segments including Agricultural Solutions, Industrial Solutions, Materials, Surface Technologies, and Nutrition & Care. This diversification helps in mitigating risks and capitalizing on growth opportunities across different markets. 2. **Innovation and R&D**: - The company has been investing in research and development, evident from the launch of new products like Efficon® Insecticide and the expansion of its Polyurethane Technical Development Center in Mumbai. 3. **Sustainability and ESG**: - BASF India Limited has been proactive in sustainability initiatives, aiming to reduce its carbon footprint and promote environmental stewardship. The company has set targets to reduce its absolute CO2 emissions and achieve net zero greenhouse gas emissions by 2050. 4. **Corporate Social Responsibility (CSR)**: - The company has a robust CSR policy focusing on areas such as Water, Sanitation, and Hygiene (WASH), Education, and Skill Development. It has spent Rs. 119 million on CSR activities during the financial year 2023-2024. **Risk Management and Compliance** 1. **Risk Assessment**: - The company has a mechanism for risk assessment and minimization, with regular reviews to ensure that risks are identified and controlled effectively. 2. **Compliance**: - BASF India Limited has been compliant with all statutory requirements and has not faced any significant material orders from regulators or courts that could impact its operations. 3. **Internal Financial Controls**: - The company has robust internal financial control systems in place, ensuring the orderly conduct of its business and safeguarding its assets. Price Trends and Patterns Key Support and Resistance Levels: Support Levels: The chart shows several horizontal lines indicating key support levels. These levels acted as a floor, preventing the stock from falling further during pullbacks. Notable support levels were observed around 6,000 and 5,500. Resistance Levels: Similarly, resistance levels acted as a ceiling, capping the stock’s upward movement. Key resistance levels were identified around 7,000 and 8,000. Green Lines as Support: The green lines drawn in the middle of long candlesticks have played a crucial role as support levels. These lines have consistently acted as a strong foundation, allowing the price to bounce back whenever it approached these levels. Candlestick Patterns: Bullish Patterns: Throughout the uptrend phases, we observed bullish candlestick patterns such as the hammer and bullish engulfing, signaling potential buying opportunities. Bearish Patterns: During the correction phases, bearish patterns like the shooting star and bearish engulfing indicated potential selling pressure. Volume Analysis Trading volume is a critical component of price action analysis. The volume bars at the bottom of the chart provide insights into the strength of price movements: High Volume on Uptrends: During the uptrend phases, we noticed increased trading volume, confirming the strength of the bullish moves. High volume on up days suggests strong investor interest and confidence. Volume Spikes on Breakouts: Significant volume spikes were observed during breakout attempts above resistance levels. These spikes indicate strong buying interest, often leading to sustained upward movements. **Conclusion** BASF India Limited has demonstrated strong financial performance and operational resilience in the face of global economic uncertainties. The company's focus on sustainability, innovation, and corporate governance positions it well for long-term growth and profitability. Investors looking for a stable and socially responsible investment opportunity may find BASF India Limited an attractive option. **Investment Considerations** 1. **Stable Financial Performance**: The company's consistent revenue growth and improved profitability make it a stable investment option. 2. **Sustainability Initiatives**: BASF India Limited's commitment to environmental stewardship and social responsibility aligns with the growing trend of ESG investing. 3. **Innovation and R&D**: The company's investment in research and development ensures a pipeline of new products and technologies, driving future growth. 4. **Robust Corporate Governance**: The company's adherence to high standards of corporate governance provides assurance of ethical and transparent business practices. However, investors should also consider the following: 1. **Market Risks**: The company's performance can be affected by global economic conditions, geopolitical tensions, and market volatility. 2. **Regulatory Risks**: Changes in regulations, particularly those related to environmental and safety standards, could impact the company's operations and costs. 3. **Competition**: The chemical industry is highly competitive, and the company must continually innovate and improve its products to maintain market share. Overall, BASF India Limited presents a compelling investment case for those seeking a stable, innovative, and socially responsible company with strong financial fundamentals.
NSE:BASFLong
by stocktechbot