POLX - a technical share where fortunes will be madeThis healthcare innovator holds unbelievable patents for its diagnostic lung-imaging machines. But the real excitement is in the chart.
It trades so technically it's unreal. It doggedly respects trendlines, and price collapses or explodes when they break.
Today it's pushed through what had previously been failed support (Feb-May last year) and pumped quite hard. The resistance trendlines above are becoming fewer and fewer, leaving explosive potential ahead.
Two big gaps in sight: 16.45p between the 50% and 0.618 Fibs of the current range and 29.9p, the low point of the big volatility spike from October 2021. With price at 1.37p right now, you're looking at breathtaking returns if either of those are tagged - and the odds of that happening have just much improved.
GLA, DYOR.
WISE PLC - SUPPORT LEVEL - SELLING OPPORTUNITYWise had experienced a surge in share price as the company had collaboration with Standard Chartered banks and Morgan Stanley on using Wise's infrastructure for foreign currency remittance.
The share price had been met with selling pressure when the US stock faced faces a dip.
Right now the price broke through the support level at 973.
The selling pressure in the US market had not subside.
The momentum will continue.
Estimated target price at 717.
Senior (SNR) LongSNR is coming off a range support.
Price has been ranging since 2021 and has formed a horizontal channel between 115 and 185.
I expect price to make a move to the range resistance area and possibly break higher.
From a fundamental point of view:
✔ Revenue has increased year-on-year
✔ Gross and net profit margins are steady
✔ The company has sufficient cash and assets to meet its liabilities
My only concern is margins are tight. If margins fall any lower, I will immediately close my positions.
Head and Shoulders breakdown Another stock that broke the neckline, I shorted at the confirmation of the breakdown and I have already hit my anticipated target. This is very similar to many of the stocks I have shorted, or stocks I have waited on before building a long position.
Not financial advice. I will occasionally bring you trades before I take them but in other instances I will share after the results. Nothing in life is free, the only cost to you here is time. Follow my channel and you will get learn my trading style, if you follow and observe.
Nat West breakoutClear breakout from 327, which was established resistance since 2016. Inverse Head and Shoulders pattern completed.
Volumes have been ramping up since Feb this year and the shares are not oversold on the weekly RSI yet.
Market likes their results today too.
In my opinion, heading for 400p.
Do your own research and this is NOT a solicitation to hold, buy or sell.
IAG Additional Price Levels • LSE • Airlines Group Stock • FTSE⚠️ IAG Going to plan, looks like it's a TRUMP DUMP 🤣
Now is the TIME TO HUNT the stocks for your PORTFOLIO.
ℹ️ When TRUMP causes a DUMP I accumulate SIT BACK and just WAIT fornthe PUMP...🚀
These additional price levels will be used as an additional filter to TIME an ENTRY ONLY IF the BIDS come in 🟢SeekingPips🟢 NEEDS to see some VOLUME🚀🚀🚀
IAG Airlines Group what next? $261 Reached & Breached! $172?🤔 IAG Airlines Group what next?
ℹ️ $261 Reached & Breached!
Will the $261 be regained and start to offer some support or is $172 NEXT?❓️❔️❓️
🌍 To be completely transparent I have no horse in this race at the moment BUT I really would like a serious flush to try and accumulate a long-term POSITION.
🟢SeekingPips🟢 is not interested at current price at all unless we start to see some SERIOUS VOLUME START TO COME IN TO PLAY
IAG Stock Took some heat! Is there anything to take here?🟢SeekingPips🟢 has this on the radar.
⭐️ Have your levels ready and wait for your A+⭐️ Setup.
ℹ️ Our levels are here marked out.
I have ZERO interest in taking a position here however a deeper sell-off and I will start paying attention.❗️
⚠️ ALERTS set and LEVELS marked.
🟢Now go away and ENJOY your WEEKEND and lets HURRY UP AND WAIT and lets see what NEXT WEEK has for us👍
A possible change in channel direction?I had thought that #FTC might be coming up to the red channel support and could then perform a 'trader's remorse'. Today after a little time has past I see that perhaps there's been a channel direction change. This can be seen quite often if you look at a lot of charts.
VERY Bearish Outlook on Aviva plc (PINE.L):The recent disclosure by Citigroup Global Markets highlights heightened volatility and speculative market actions, suggesting underlying uncertainty in Aviva plc's future prospects. With the company currently embroiled in takeover or merger discussions, short-term traders are actively taking positions both through traditional equities and cash-settled derivatives, such as Total Return Swaps (TRS).
The substantial activity in derivative positions, notably the heavy closing and reduction of short positions, suggests market players perceive limited further downside, yet the significant selling of physical shares—902,108 shares in a single day—could indicate institutional caution regarding Aviva's future performance or concerns about the acquisition terms being unfavorable for shareholders.
Despite Aviva’s attempts at strategic transformation—particularly focusing on technology and streamlined business models—the uncertainties related to potential integration issues, regulatory scrutiny, and post-merger operational complexities remain significant risks. Given the current market dynamics and the speculative nature surrounding the ongoing deal, short-term volatility may escalate, posing considerable risks for current shareholders.
Additionally, the rebranding and strategic pivot of Aviva from traditional insurance towards technology-driven services, while conceptually appealing, remain unproven in delivering consistent growth and shareholder value. Any delays, operational missteps, or competitive pressures from established technology companies in the automotive SaaS space could negatively impact profitability and investor sentiment, potentially eroding share value further.
Considering geopolitical tensions, macroeconomic uncertainty, and potential disruption in technology and financial markets, Aviva’s ambitious transition towards a focused tech entity remains precarious and subject to external vulnerabilities
River Might Be Handing Out Easy Money! After breaking a diagonal formation, River is attempting a rally with volume. While the initial reactions may not be convincing, scaling into positions could be a good approach.💰🚀
If the diagonal breaks downward, it would provide an even better buying opportunity. In that case, buying around 25 and holding for a long-term target of 60 could be a strong strategy. 📈🔥
Head and Shoulders Pattern on the 1H and Daily TimeframesKey Observations:
1. **Bullish Gartley Pattern on the 2-Day Timeframe**
- This is a strong reversal pattern, indicating potential upside.
2. **Head and Shoulders Pattern on the 1H and Daily Timeframes**
- The **inverted head and shoulders** suggests a bullish breakout, especially after a long consolidation phase.
3. **Consolidation for Almost 3 Years**
- If this consolidation is ending, a breakout could be significant.
4. **Indicators Showing Bullish Divergence**
- **MACD turning up**
- **RSI divergence (lower price, higher RSI)**
### Potential Upside Target: **178 GBX**
- If the reversal plays out, your projection to **178 GBX** is possible.
However, keep an eye on key resistance levels like **116.4**, **127.3**, and **151.5**. If price struggles at these levels, short-term retracements might occur before a full breakout.
As of June 2024, Alphawave IP Group plc (LON:AWE) reported the following financial figures:
- **Debt-to-Equity Ratio**: 49.6%, with total debt of US$217.9 million and total equity of US$439.2 million. citeturn0search0
- **Cash and Cash Equivalents**: US$76.3 million. citeturn0search0
Additionally, the company's total assets were US$873.0 million, and total liabilities amounted to US$433.8 million. citeturn0search0
These figures indicate that Alphawave IP Group has a moderate level of debt relative to its equity and maintains a cash position that contributes to its financial flexibility.
⚠ **Not Financial Advice** – Always manage risk and confirm signals before trading.