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US Bancorp (USB) bullish scenario:The technical figure Channel Down can be found in the daily chart in the US company US Bancorp (USB). U.S. Bancorp is an American bank holding company. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.The Channel Down broke through the resistance line on 30/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 60 days towards 50.00 USD Your stop-loss order, according to experts, should be placed at 38.39 USD if you decide to enter this position. Investors will be hoping for strength from U.S. Bancorp as it approaches its next earnings release. The company is expected to report EPS of $1.14, up 6.54% from the prior-year quarter. Investors might also notice recent changes to analyst estimates for U.S. Bancorp. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. 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.
NYSE:USBLong
by legacyFXofficial
LONG ON HDFC BANK!!i kept on buying its dip, from past several months. now i have a huge amount in this stock, and it has started its 3rd wave, and will give a great bull run. back in few ideas, i had posted the waves, and the stock is following it properly(link below). IN THE DRAWN CIRCLE: a good green candle has breached the purple trend line, and it all way long to go till 1800. one can earn around 20% returns within 3 months, from a great moving and safe stock. past from few days, we could see that nifty 50 stocks are getting there upward movement, since FII have started entering the market. yet i believe that the matter of interest rates in US, has not completely settles, but slowly things have started becoming normal, and US have moved away from the recession point(link below). HDFC BANK had a lot of FII selling, and this will become normal in this upcoming 3rd wave. FINAL POINT: do have a look on MOVING AVERAGES AND MACD. 50ma will crossover 100ma in few weeks, and MACD has shown some green candles. "stay long on this stock, good for swing trade, long term and soon for momentum trading too".
NSE:HDFCBANKLong
by raghavchoudhary2016
October 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 0.41% over the last 24 hours and rose to an intraday high of $19,426.55. The largest cryptocurrency has been trading around the $19,000 price level during the weekend, suggesting the volatility caused by the inflation data has been reduced. For now, the BTC/USDT pair is trading slightly below the 20-day exponential moving average (EMA)($19,380), and the bulls are attempting to push the price above the $20,000 price level. Today’s Cryptocurrency Headline France Approves Société Générale to Operate Digital Asset Services French banking giant Société Générale has been approved to operate digital asset services through its fully integrated blockchain-focused subsidiary Société Générale Forge. The approval came from France’s financial market regulator ‘Autorité des Marchés Financiers (AMF). It was stated that the banking giant can now provide services to store, sell and trade digital assets through its subsidiary Société Générale Forge. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
JPMorgan bullish scenario:The technical figure Channel Down can be found in the daily chart in the US company JPMorgan Chase & Co. (JPM). JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.954 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. The Channel Down has broken through the resistance line on 13/08/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 31 days towards 131.18 USD. Your stop-loss order, according to experts, should be placed at 106.09 USD if you decide to enter this position. JPMorgan has wrapped up the acquisition of Global Shares, a fintech firm. The financial terms of the transaction, announced this March, haven’t been disclosed. Ireland-based Global Shares, through its cloud-based platform, helps businesses manage employee stock plans. The firm, through its offices across Europe, the Middle East & Africa, North America and the Asia Pacific, has 650 corporate clients and roughly $200 billion in assets under administration. Global Shares will be integrated into JPMorgan’s Asset & Wealth Management (AWM) segment. The firm will continue to be based out of its current location. Now, with the addition of Global Shares, JPM will become of the major providers of state-of-the-art “employee ownership solutions to private and public companies” across the globe. 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.
NYSE:JPMLong
by legacyFXofficial
GBPUSD D1 - Bullish SetupGBPUSD D1 This is the bullish scenario here on cable, much more fond of the bearish continuation setup. Mileage is much better quantified, trading in line with the trend, general market correlation and the like. However, data has pointed bullish for cable during recent events. Looking to see this week out and understand where cable and the DXY sits. Then we can resume trading next week. Hoping DXY can get off the ground and push towards 106 again, but we have analysis prepped for both flip sides of the coin.
Long
by Trade_Simple_FX
KBC Groep NV (KBC.br) bearish scenario:The technical figure Triangle can be found in the Belgium company KBC Group (KBC.br) at daily chart. KBC Group is a Belgian universal multi-channel bank-insurer, focusing on private clients and small and medium-sized enterprises in Belgium, Bulgaria, Czechia, Hungary, and Slovakia. The acronym KBC refers to KredietBank and CERA. KBC Group is one of Belgium's major companies and the second-largest bancassurer in the country. As of late 2020, it was the 15th largest bank in Europe by market capitalization. The Triangle has broken through the support line on 01/07/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 12 days towards 50.56 EUR. Your stop loss order according to experts should be placed at 58.72 EUR if you decide to enter this position. KBC decided - as a result of the persistently rising market interest rates and planned interest rate increases by the European Central Bank - to stop charging negative interest for legal entities and companies from 1 September 2022. 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.
EURONEXT:KBCShort
by legacyFXofficial
APPLE - BUYLooking long for Apple to upside of $225 for the immediate D Extension. Looking for a lump sum purchase around the $140 per share level. Then keep adding to my position each month or on Daily chart corrections. If Price dips below the $140 (which I hope for) I will buy more for value. For years I have been saying if Apple launched a digital bank they will be the largest bank in the world in terms of customer deposits. Once currency becomes digitalised which all the G7 economies already have in the pipeline - this will give Apple the platform the be the largest bank in the world. People already use Apple Pay - if they digitalise an Apple coin/card or payment system where your salary is paid into an Apple account it will be a game changer. They are already taking small increment steps into the financial services sector. They just recently announced they will be scrapping banks from providing the loans for Buy now pay later - Apple will be providing the loans. Remember the US is behind Apple. This platform alone will increase revenues and profitability. L&A for customers will increase - ultimately increasing monthly receivables. I could imagine Apple potentially offering Mortgages in the future with incentives such as free Apple products. - My Speculation.
NASDAQ:AAPLLong
by SergenTrades
BARCLAYS - Clear As Day - Buy @163p REASONS TO BE BULLISH Technical - Recently broke out of a 15 year pennant pattern and just retested for support. Technical - Recently crossed and reclaimed the 50 MA. Technical - MA 50 looking like it may cross the 100 and 200 in future months. Technical - RSI is in the bull zone (bouncing off its base). Technical - A 155p entry was triggered when reclaimed MA and RSI bull-zone on the same candle. We're now at almost the same level. Technical - All-time high was back in 2007. This stock hasn't been touched in 15 years and is now winding-up to revisit the top of the upwards slanting trend-line. Technical - Looks like wave 1 of a 5-wave move is complete/near completion. Fundamentals - Price to earnings is just 4.7. Barclays is looking like incredible value right now. Net earnings up 275% for the year. Fundamentals - Dividend yield is ~4% - not to be sniffed at all in this environment - they may even increase this given how profitable banking with current accounts may turn out to be if the BOE base rate continues to increase. Fundamentals - Implied volatility in the options market is increasing, and it seems like some big players may be eyeing-up Barclays for a big position (likely long but perhaps short). Fundamentals - Less exposed to the U.K. than some of its counterparts (like Lloyds). With U.S. and India appearing in their Top 4 countries in terms of investment. Target 1 - First target would be reaching the underside of the purple channel once more at 260p or £2.60. A 60% move off todays prices. Target 2 - Next profit target would be 750p or £7.50 (a 4.6x move). That could be attainable fairly quickly in the next decade on current trajectory. I don't normally like to post timescales but I am curious to see how this one plays out. Target 3 - The white top line coincides with the 2.272 and 2.414 fib extension (from Mar20 to Mar22). This generates an ultimate price target of between £10.50 (1050p) and £17.30 (1730p). This matches with the extension from the height of the pennant (top to bottom) also. REASONS TO BE BEARISH Technical - Below the purple bear channel and not showing signs yet of being an 'exponential' candidate. Technical - Stop loss will be 140p at the prior low - representing a 12.5% risk. Technical - Only recently broke out of the pennant pattern. Could still reverse from here. Fundamentals - Inflation is not usually too good for growth and banks, with costs increasing as well as profits from interest rates. Fundamentals - With interest rates increasing you'd anticipate that defaults and leverage will unwind in other economies and wreak havoc. Perhaps Barclays have repaired their balance sheet in the last 15 years or perhaps the UK government will continue to backstop, but current market conditions don't make for pretty reading. SUMMARY Buying Barclays here seems like a no-brainer here. Significant dividends in a stagflationary environment cannot be ignored. Neither can we ignore a reasonably priced stock in 2022, as well as a successful backtest of multiple breakouts on our indicators/TA. Time to keep an eye on this one.
LSE:BARCLong
by DigiDavid
$SOFI earnings today 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team entered digital finance company Sofi Technologies $SOFI at $6.70 per share on 5/5/22. Our take profit was originally set at $10 per share. Today my team has averaged down on $SOFI at $4.87 per share. This brings our average down to $5.80. We still think that $10 can be reached but to be on the safe side we believe that establishing a take profit at $6.95 is ideal. This would be a 19% increase from our average. Earnings are expected to be reported today after market hours. We were considered adding a stop loss, but it has dropped so much that we believe that there is no longer any need. Ultimately, we are willing to hold this one out until it reaches our take profit. Good luck to all today! first entry: $6.70 2nd entry: $4.87 Take profit: $6.95 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
2
$SOFI earnings next week 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today my team entered digital finance company $SOFI at $6.70 per share. Our take profit has been set at $10. Earnings are expected to be reported next week. Our entry: $6.70 Take profit: $10 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:SOFILong
by SimplyShowMeTheMoney
4
Citigroup Inc. (C) bullish scenario:The technical figure Falling Wedge can be found in the US company Citigroup Inc. (C) at daily chart. Citigroup Inc. or Citi (stylized as citi) is a US-American multinational investment bank and financial services corporation. Citigroup is the third largest banking institution in the United States; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four banking institutions of the United States. It is considered a systemically important bank by the Financial Stability Board and is commonly cited as being too big to fail. It is one of the nine global investment banks in the Bulge Bracket. The Falling Wedge has broken through the resistance line on 05/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 8 days towards 54.85 USD. Your stop loss order according to experts should be placed at 47.78 USD if you decide to enter this position. Citibank, N.A. said today it has raised its base lending rate to 4.00% from 3.50%, effective tomorrow, Thursday, May 5, 2022. Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the 36 country SEPA zone. 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.
NYSE:CLong
by legacyFXofficial