The chart herein shows how the NEDBank stock analysis..... I expect the stock to keep rising to the top. I will thereafter relook at the chart once we hit the top. Kindly also check teir financials from website Good luck
Hello, A buy opportunity is setting up on Airbnb. Company: Airbnb Principal stock exchange: Nasdaq description: Airbnb, Inc. engages in the management and operation of an online marketplace. Its marketplace model connects hosts and guests online or through mobile devices to book spaces . Ticker symbol: ABNB Current price: USD 118.88 Buy price: USD 100 Target...
Introduction Investors in Safaricom, one of Kenya's leading telecommunications companies, are currently witnessing a correction phase in the stock's price. This correction is a natural part of market dynamics and often provides opportunities for strategic investment moves. Furthermore, technical analysis suggests that following this correction, Safaricom's stock...
hello, If you're considering where to invest your money, look no further than Rakuten. With a target price of 3750 JPY and a current price of 2941 JPY, this is an excellent time to buy into a company with strong growth potential. Why Rakuten? 1. Innovative Leadership: Rakuten is led by visionary leaders who constantly seek new ways to innovate and expand their...
Hello Navigating the financial markets can be a rollercoaster of emotions— fear, greed, FOMO, and more. These feelings often drive irrational investment decisions. Understanding and managing these emotions is crucial for successful trading. So, how can investors sharpen their psychological edge? One must-read book on market psychology is "Trading in the Zone"...
Hello, The importance of rules cannot be underestimated in any business. This must not be different in trading/investing since it must be viewed at all times as a business. Below are my rules as a wave trader. Wave trading is a trading strategy that combines technical analysis with Elliott Wave Theory to identify and predict future market movements. This...
Hello, Investing and trading can easily scare participants in most cases. However, the different tools that Tradingview offers can make the work easier for you the investor. In this case I will be using a candlestick chart, a closer look at the price action, The date & price range tool, The vertical line tool and a combination of the financial data provided on...
Hello, Investors in Kenya and the wider East African region have long had the opportunity to trade in Exchange Traded Funds (ETFs) following the launch of the Absa NewGold ETF on the Nairobi Securities Exchange (NSE). This groundbreaking ETF, also listed on the Johannesburg Stock Exchange (JSE), has enabled investors to invest in an instrument that tracks the...
Hello, Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups. 1: Structure drawing Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from...
Hello, NVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The company is setting up for buy positions on the 6hour & bigger timeframes. I will be looking to buy the stock from...
American Express Company (Amex) is an American multinational corporation specialized in payment card services headquartered at 200 Vesey Street in the Battery Park City neighborhood of Lower Manhattan in New York City. Setting up for a good place to buy
Hello, Volume candlesticks are a very unique dataset that give us more information than the candlesticks we are used to. First, a candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period. Now with the Volume candlesticks, they are a type of chart that allows for a...
Hello, As of 2023 February 24 (Time of analysis), Friday current price of Coffee is USD 189. The price hit the bottom in January 2023 and prices have been recovering since then. Though I do not fore see a sharp continuous rise in the prices of coffee. I am convinced that there are good opportunities for us to buy coffee once we see a correction forming. USD 180...
Hello, Intel Corporation engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The company is currently in a correction setting the stage for a small buy opportunity. I will be buying the stock from the current share price with my target 1 as the previous...
Hello, Divergence clear on this stock signalling we might be close to the bottom. Divergence in stocks refers to a situation where the price of a particular stock or index moves in a different direction than an indicator or another related stock or index. It indicates a potential shift in market sentiment or investor behavior, creating a disparity between the...
Hello, Creating a solid portfolio can be a tough task for most investors. Understanding easy ways of beginning that journey can greatly improve your performance as an investor & greatly amplify your results. The times of just buying the S&P and waiting for your money to keep growing is long gone & active investing can widen the gap between yourself and the...
Hello, Investors seeking an opportune moment to enter the market may find promise in Fujian SBS Zipper Company. This industry heavyweight, renowned for its global presence and excellence in zipper manufacturing, is poised for a potential upswing, as indicated by a compelling technical analysis. Technical Signals: The stock exhibits a bottoming pattern,...
Hello, Lyft is a transportation network company that operates a ridesharing platform in over 600 cities in the United States and Canada. The company was founded in 2012 and went public in 2019. Lyft's platform connects drivers with passengers who need a ride, allowing users to book rides through the Lyft mobile app. The company has been successful in disrupting...