Fundamental Analysis :Missing submersible and Logitech F710Summery of the current situation:
The OceanGate Expeditions tourist submarine is went missing with five people with about four-day emergency oxygen supply. The missing sub is being looked for by the US Coast Guard and other agencies. During the hunt for the lost Titan submersible, banging noises were heard, indicating continued hope of survivors. We are all praying and hoping for a miracle in their recue and our thoughts and prayers are with the families and loved ones of those on board
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On Sunday, word spread that a tourist submarine operated by OceanGate Expeditions with five persons on board had vanished while its route to the Titanic wreck. Soon after, information concerning the sub's non-standard design that violated laws came to light. For example, steering appears to have been controlled via a $30 wireless Logitech F710 PC game controller from 2010.
Less than a year ago, a local news channel aired a video program examining the unusual sub, in which Rush proudly revealed that the submersible was operated by a game controller. Rush announced to the audience, "We're taking a completely new approach to the design," adding, "and it's all controlled with this games controller," as he showed a controller that resembled an older Xbox controller but was marked with the Logitech logo and featured longer, pointer joysticks than an ordinary Xbox controller would.
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With news breaking that the sub was being controlled by this Logitech controller it seems to have spooked investors causing the stock drop from Fridays highs and overall the stock is down from highs in may of 60.00
Social media has also had there share. Here are some review of the controller on amazon:
Technical Analysis on Logitech :
4H timeframe :
Within the next couple of hours or days there is likely to be an update on the situation of the submersible
Name of the persons onboard : Stockton Rush,Paul-Henri Nargeolet,Shahzada Dawood with his 19-year-old son Suleman
We hope for a positive outcome
ZURN: Sell ideaSell idea on ZURN as you see on the chart because we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume.Thanks!
Swatch AG (UHR.vx) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the Swiss company The Swatch Group Ltd (UHR.vx). The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The Swatch Group is the world's largest watch company and employs about 36,000 people in 50 countries. The group owns the Swatch product line and other brands, including Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot. The Falling Wedge broke through the resistance line on 21/04/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 9 days towards 312.60 CHF. According to experts, your stop-loss order should be placed at 285.60 CHF if you decide to enter this position.
The Swiss company said it expects record sales in 2023 boosted by the return of demand in China, Hong Kong and Macau, which was hit by the return of COVID-19 cases last year, and as Chinese tourists resume their travels.
"Group Management anticipates strong sales growth in 2023 in all regions and segments," Swatch said, noting that consumption had quickly recovered in Hong Kong and Macau as well as China after pandemic restrictions were lifted.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals and cannot be held liable nor guarantee any profits or losses.
long position on GIVNMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
long position on BALNMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
short position on UBSGMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
long position on SPSNMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
long position on BKWMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
long position on PGHNMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
long position on SPSNMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
long position on BANBMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
long position on LOGNMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
short position on BALNMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
short position on ADENMy strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
Is $cfr $jsecfr about to rollover?$cfr is trading above its long term channel it has respected since 2007. Last time it flew above this channel its wings melted. The RSI and Moneyflow indicators show that strength is leaking out of this share. Investors are securing profits. This is a quality share with a strong outlook but may return to former support around CHF 127 to consolidate. Not a good long term entry currently. On the JSE the move could be influenced by the USDZAR strength or weakness. If the dollar rolls over this share will roll over too.
long position on FHZNMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
short position on NESNMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
Long Term Weekly Trend holds for nowTrend started in 2012 held during the week. If the price accumulates at the current level and we breakout to the upside, I will watch the marked zones of interest and see how the price reacts.
If we breakout to the down side, I will look for interesting price levels and keep an eye on the trend established in 2003.
As of now I am long.
AFP.SW Auflexpack raises 2022 guidance and sees better 2023Co managed to record a better year in 2022 and raises guidance. Also the Co sees positive tailwinds into 2023.
Technically it trades above 200MA and could get into a strong uptrend. TP 28 / SL 14.8
Low liquidity(!).
U-Blox UBXN in an uptrendThe stock re-started its move up after a consolidation period, today volume above average. Look to hit the upper line of the trend channel. Risk around 15% so adjust your position size accordingly.
MBTN.SW upside potentialLonger term play based on semiconductor demand in Europe. The Company emerged from a difficult period, it has secured financing and 2023 is expected to be a breakout year in terms of revenues. Long with 85% profit taking potential, assuming 30% loss risk.
Swiss Re (SREN.vx) bullish scenario:The technical figure Channel Down can be found in the daily chart in the US company Swiss Re (SREN.vx). Swiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is one of the world's largest reinsurers, as measured by net premiums written. Swiss Re operates through offices in more than 25 countries and was ranked 118th in Forbes Global 2000 leading companies list in 2016.It was also ranked 313th on the Fortune Global 500 in 2015. The Channel Down broke through the resistance line on 24/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 60 days towards 85.64 CHF. Your stop-loss order, according to experts, should be placed at 68.16 CHF if you decide to enter this position.
Swiss Re's stock is up by 2.9% over the past three months. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share price will keep up, given that the company's financials don't look very promising.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
