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ISP ANALYSISHi traders :) I'm Guario, and here are some thoughts regarding ISP possible future price action. Although I prefer analyse forex, cryptocurrency or commodity markets, I've decided to bring this analysis to you traders because this title is giving pretty interesting signal. Infact ISP has just reached the volumetric level of 2.3425 along whit a very visible Stochastic divergence. ALso notice how price is perfectly reacting with the red up trendline which is now acting as support. I suggest to set your entry position just a little bit below the support level of 2.3215. Look at the chart for possible stop and targets levels. Write me in the comments for any question, thought or critic. Good luck :)
MIL:ISPShort
by Guario
LVMH VS Richemont vs SwatchLong LVMH short Swatch, neutral/short CFR thesis continued... Swiss watch exports grew by 1.5% for Oct’19, slowing from +10.4% in the Sep’19. The main contributor to the slowdown was Hong Kong, which declined by 29.7% y/y. This decline is in line with luxury revenue and retail sales growth in Hong Kong. Estimates that exports to Greater China declined by 10% y/y this month despite strong growth in Mainland China (+17.6% y/y). The increased spending in Mainland China is still not sufficient to offset the steep decline in Hong Kong. Japan (+13%) normalized from +31.6% in the previous month after VAT hike was implemented on 1 Oct’19. The US (+9.5%) remains robust and is now the largest market for watch exports. Europe (+8.3%) sustained recovery from the previous month. By category, luxury watches continue to outperform (+5.6% y/y) but have slowed from the previous month due to Hong Kong exposure to high-end watches.
MIL:1MC
by Martintradingza
Luxury Goods: LMVH vs CFR vs SwatchSwiss Watch exports in Sep 2019 increased 10.2% YoY, improving from 1,7% in the previous month - benefitting from a low base and strong performance in Asian markets ex HK. LMVH reported that disruption in HK is not necessarily being offset in neighboring Asian markets an deman was stable from H1'19. LMVH further stated a 40% decline in HK sales in August and September. Not ideal for CF as it has the largest exposure to HK (12% of sales). Chow Tai Food (HK jewellery retailer) reported a 42% decline in like-for-like revenue over the quarter. UBS noted that they believe we are near the end of the Lux goods cycle and pointed to Richemont and Swatch as being exposed to the most risk. UBS have placed outperform ratings on LMVH, Kering, Moncler, and Hermes. They site near-term escalation of protests in Hong Kong as well as recent CNY depreciation, as posing the biggest risk to the hard luxury names, Swatch and Richemont. This chart is to track the UBS investment thesis to stay overweight LMVH and underweight CFR
MIL:1MC
by Martintradingza
BMW, General Motors, Honda, Ford and Renault are working with tA group of major automakers are about to hit the road with the first field testing of a blockchain-based vehicle identification network next month in the U.S. As reported by Nikkei Asian Review, BMW, General Motors, Honda, Ford and Renault are working with the Mobility Open Blockchain Initiative (MOBI) on integrating the system to automatically make payments on typical commuting runs without the need for cash or credit and debit cards. By assigning vehicles unique identities that store data such as ownership and histories on a blockchain, the industry initiative aims to remove the need for a human when settling tolls and parking fees. Founded in May 2018 by multiple major car manufacturers, MOBI has been working to enable the sharing of road data between manufacturers, a step towards developing self-driving cars. As Nikkei writes, participating vehicles would eventually be able to automatically pay expenses once plugged into other networks such as charging or refueling stations. MOBI is also looking into incorporating cryptocurrencies. One such system involved compensating users in crypto for putting energy back into the power grid following an outage. A number of automakers are looking at blockchain for facilitating processes such as payments and data sharing, especially for the not-so-distant future where automated vehicles have become the norm. This summer, CoinDesk reported how Daimler – parent company of Mercedes-Benz – partnered with blockchain firm Riddle & Code to produce a hardware wallet for automobiles. Looking long term at solutions for self-driving vehicles and car-sharing platforms, the firms’ wallet would also create a cryptographic identity for vehicles. Jaguar Land Rover too is looking at rewarding drivers in cryptocurrency in return for their data
MIL:1BMWLong
by IgorPorokh
Tinexta target fissatoLa figura di analisi è stata confermata con la rottura della banda superiore il 17 Settembre, questa però è stata una rottura che nella sessione giornaliera non ha mostrato grande forza e sicurezza sul prezzo. La conferma di forza sul titolo è avvenuta con la chiusura della sessione di venerdì. Questa con prezzi che hanno avuto un incremento del 4% chiudendo a € 12,42 con volumi in crescita sopra le media mensile. Questi 3 punti sono fondamentali per la conferma del pattern: Movimento rialzista con forza (movimento del 4%) Volumi sopra la media Tempo di conclusione del pattern (per la conferma del pattern parallelo ci vogliono circa 3 mesi e questo su Tinexta si è verificato nel tempo richiesto).
MIL:TNXTLong
by Stefano_Chieffallo