A-shares
Anglo American PLCI expect to see upside from here on forward in the market.
Spesifically to anglo the average down turn in 2007-09 we saw 54% losses followed by gradual upside after that. Based on that being one of the worst downsides if not the worst as a major support in the equities market and the luming fact that we might see a COVID 19 cure this year only spells upside. With Economies opening up and lockdowns in South Africa loosening all of this spells positive results for Anglo, this is Anglo PLC, Platinum and Gold.
Anglo PLC I have opened positions in the range of:
32500-33100 BUY
I believe Anglo has show the right methodollogy in the current market and will endure and grow, financials aren't the correct staff of measurement although it plays a roll, the true measurement staff would be where is the plans leading that a company is implementing.
I expect Anglo to be back to the 40000 - 45000 range within the following 3-6 months major upside for day traders and shareholders (newly purchased shares).
Amazon Surges During The PandemicAmazon has had a nice run from 2014 to 2018 where we witnessed a 645% price rice from
$274 to $2,050. Price eventually became exhausted and began to form a long-term period of
consolidation where the buyers and sellers have been trying to establish dominance over each other.
The resistance level of the consolidation zone also coincides with the major $2,000 round number
which is a strong psychological level of support/resistance.
In early February the buyers were able to give price a strong upwards push which saw price briefly escape
from the consolidation zone. Soon after, price reentered consolidation as the sellers tried to regain control.
The current pandemic has forced millions of people to remain indoors and online businesses are seeing growth
in their shares and Amazon is clearly one of them.
On the 14th of April, the buyers gave price another push to the upside which has seen price go on to
create new all-time highs and so far price has remained out of consolidation.
If we start to see price pulling back, we have the $2,000 round number as a major support level below price.
If price can remain above consolidation and start a long-term uptrend then we may see a repeat of
the 645% trend we saw in the past.
Amazon should definitely be on your watchlist but bear in mind this is an expensive stock that may not be
suitable for all account sizes without increasing your risk. It may be worth just looking at cheaper stocks.
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As always, keep it simple, keep it Sublime.
ZOOM (ZM) - Opportunity to SELLHey everyone, here's the analysis on Zoom. If you find this insightful, please follow and like our idea, also leave a comment on ideas you would like to see next!
Summary:
Current price is within our resistance zone and it could drop lower to our S1 zone between 123.60 - 128.50. If price breaks below the S1 zone, it could drop further to our S2 & S3 zone.
Action:
Sell Limit: 144.00
Stop Loss: 150.00
Take Profit: 128.50
Analysis:
R1 is a key resistance zone on the daily chart and a previous breakout zone. Given that current price is within the R1 zone, we could see a drop to our S1 zone. S1 is also a key support zone on the H4 chart, hence, we will not play a move beyond that. However, if price breaks below our S1 zone, it could drop to our S2 & S3 zone.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
PAGS - Opportunity to BUYHey everyone, here's the analysis on PAGS. If you find this insightful, please follow and like our idea, also leave a comment on ideas you would like to see next!
Summary:
Current price could drop lower to zone 2 before a bounce, which presents a good opportunity to buy.
Action:
Buy Limit: 18.80
Stop Loss: 17.00
Take Profit: 25.30
Analysis:
On the daily chart, zone 2 was a key breakout zone along with a strong fibonacci confluence which intersects with our H2 trend line. If current price drops lower to this zone, it could make a bounce to zone 3, as illustrated by the yellow dotted lines.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
Tesla (TSLA) - Opportunity to SELLHey everyone, here's the analysis on Tesla. Please give us a LIKE and leave a comment on ideas you would like to see next!
Summary:
As illustrated by the yellow dotted lines, price can rally higher to our R1 zone between 641.35 - 668.00 before dropping to our S1 zone between 502.00 - 524.00.
Action:
Sell Limit: 668.00
Stop Loss: 735.00
Take Profit: 524.00
Risk to Reward: 2.15
Analysis:
R1 is a key resistance zone on the weekly chart and a breakout zone where price saw a strong drop from. Given that current price is near the R1 zone, it could make a further push up to the R1 zone before a drop to our S1 zone. S1 is also a key support zone on the daily chart, hence, we will not play a move beyond that.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
The Market is Trend zone Trade in Swing Position NYSE- AppleLong & Short As Per My Analysis Chart or You Can Also set Own Risk reward. Let see what Will be Next Move on .Risk Warning- I m Not a Financial Advisor This idea Only For Educational Purpose Only. Thank You !! Dragon Club
Investment market subject to risk don't be trade.
UOB (U11) - Key levels to BUYHey everyone, here's my analysis on U11:
Summary
Price could drop lower to zone 1 between 13.18 - 14.24 before a bounce.
Action:
Buy Limit: 13.18 - 14.24
Analysis:
3 of the green zones highlighted above are support zones where we could see a bounce in price. Currently, given the situation that we are in with the Covid-19 outbreak yet to reach its peak, I lean towards seeing a further drop in price from its current level to zone 1 at 13.18 - 14.24 before a bounce, as illustrated by the yellow dotted lines. If price breaks below the key zone at 13.18 - 14.24, it is likely to test zone 2.
Disclaimer: There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. Trading BEAN and all individuals affiliated with this site assume no responsibilities for your trading and investment results. All contents featured here are solely for educational purposes and ARE NOT investment or trading advices. Please do your own due diligence and trade at your own risk.
UBER buying opportunityAs positive mood returned, waiting for the break of resistance to buy more. Careful with Easter holidays as we could see some swings.
Similar patterns in many stocks as investors jump on the wagon.
Please leave a like and share your thoughts on UBER!
Good Luck and Stay Healthy!
ZOOM outlookZOOM experiencing a good time during current crisis as it provides online conferencing software. With cities on lockdown, the number of clients surged, causing the recent surge in share prices.
A buy option is considered if the key area is broken and closed above.
Now a technical break of the trend line and 50% fib level is a short signal to target $100
BOEING CO HEAD AND SHOULDERSHello and welcome on this short-term review on BOEING CO on 1h timeframe chart.
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Since BA dropped very hards from 400 to 90 that’s why now we facing big volatility on this stock.
I have noticed Head and Shoulders pattern here, so target at $130 measured by height of Head ( h on chart).
Also this rebound from 90 could be a bearish bounce before next drop, as many traders/investors think at this moment while global pandemic still in the game.
Hit like button and I would love to see your inputs in comments
Tesla outlookTechnicals indicate a rising channel on Tesla. A break od small resistance here (green zone) is a sell signal.
From the fundamental perspective we have the number of virus cases in USA now over a 100,000. Despite the economic stimulus Congress agreed on,m the fact remains that conditions in USA are worsening. This could signal a bad week for USA and another sell wave in stocks.
Target the low of the channel at $360.
Good Luck and Stay Healthy!
S&P and world markets signs of a short term bottomThe world is going crazy, countries in lockdown, flights being stopped, but at least we have people buying toilet paper from retailers to give this quarter a boost in profit numbers hey?
But really this is a short term bottom, Looking at the chart here it is very hard to see further falls right now. The candle has over extended the LinReg and the Stochastic RSI has turned around, while the bottom finder has pointed out a possible bottom. I am looking for a 25% recovery to give us time to exit our stocks and crypto etc. Selling now is not a good time.
Than in May and June is when we will see the real crisis. From it's peak I am looking for at least a 50% - 60% correction
So I am long for about 4-6 weeks here. taking it day by day.