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HINDUSTAN UNILEVERHello and Welcome to this analysis HINDUSTAN UNILEVER the FMCG giant in hourly time frame is forming another ascending and inverted scallop bullish formation. Ascending & Inverted Scallops have a success ratio of approx 70%. They are found in bullish trends and their formation works wonderfully with Fibonacci ratios as found in this case. It looks good for 2700 as long as it does not break below 2590. Good risk reward set up as FMCG stocks appear to be in a strong uptrend. Good Luck and Happy Investing
NSE:HINDUNILVRLong
by Dinesh_C_Nagpal
3M Company (MMM) bullish scenario:The technical figure Falling Wedge can be found in the daily chart in the US company 3M Company (MMM). The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, U.S. health care, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products,electronic circuits, healthcare software and optical films. The Falling Wedge has broken through the resistance line on 27/07/2022, if the price holds above this level, you can have a possible bullish price movement with a forecast for the next 27 days towards 155.52 USD. Your stop-loss order, according to experts, should be placed at 125.60 USD if you decide to enter this position. 3M Co. said it would spin off its healthcare business as a public company and sought bankruptcy protection for a subsidiary that once produced military earplugs that thousands of veterans now blame for damaging their hearing. The moves Tuesday attempt to address the industrial conglomerate’s lingering overhangs with sluggish growth of its businesses and an increasing exposure to costs for lawsuits. The company said it has committed $1 billion to fund a trust to pay claims about its earplugs and $240 million to fund expected expenses related to the cases. 3M said it would provide more funding if required. The company filed for bankruptcy for Aearo Technologies, a subsidiary that once made the earplugs, as a way to fence off the litigation from the rest of 3M. 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:MMMLong
by legacyFXofficial
1
COST DEFYING ODDS!!!!Costco just will not stop man!!!!! Just imagine entering above 393 4 months ago. It's up almost 100 points. #COST got on my radar when it was trading around the 360 area. I made money on it here and there but honestly, I remember awhile back I wanted to enter above 420 for 440 calls long term and neveeeerrr did!! Needless to say I missed out on a ton of profit with Costco. Even at an entry at 420, I still could have managed out a 65 point move. Totally missed the majority of my entries. Oh well, live to trade another day. Here on the weekly, #COST is breaking AGAIN with MOMENTUM!! The Daily is a bit overextended for me to feel comfortable with a Swing right now, being that I missed the entry. I will be watching for some type of correction or retest on the Daily timeframe around 470 before I decide to play it. But COST has proven to be an absolute beast in its sector hands down.
NASDAQ:COST
by DayTraderEarl
BUY TJX Companies (TJX) for a move up to $89.50Dear followers & copiers, 💎We've just opened a LONG $TJX (TJX Companies Inc) position using 3.63% of our equity. You can follow our corporate investment portfolio for FREE on eToro. 📈 What does $TJX actually do? ✅ The company is based in Framingham, MA, and is a leading off-price retailer of apparel and home fashion goods both in the U.S. as well as globally. TJX Companies has become a world widely recognized brand and symbol of buying goo-quality fashion products at a fair price. The company has more than 4,300 stores worldwide, which makes TJX a truly global enterprise. TJX Companies has always focused on introducing a wide range of products across at varying prices in an attempt to appeal to a larger customer audience. Furthermore, The TJX Companies implements very well the rapid turn of inventory strategy for attracting customers, where the company basically creates the sense of urgency and scarcity for its products. 🥇One of the most important things not only in an oversaturated sector like Retail, but also in an industry like Fashion retail is to be able to build a strong USP, as that would help you to separate yourself from the pack and stand out in some way. The company has been able to distinguish itself from traditional retailers through the usage of opportunistic buying strategies and the facilitation of a flexible business model. Furthermore, The TJX Companies has established its operations through the implementation of a generally low-cost structure , which definitely sets it apart from other traditional retailers. For example, in order to maintain control on costs, the company has chosen to promote retail banners, rather than specific brands. From a distribution network standpoint, $TJX is also designed in a cost effective and efficient manner. One of the ways through which the company has managed to accomplish that is through the development of strong relations with the vendors that $TJX is working with. TJX Companies later uses these strong relationships in order to leverage buying power, negotiate better business parameters and deals. 💯The TJX Companies operates through four business segments: In the U.S., it operates through two segments, namely, Marmaxx (through stores under the names of T.J. Maxx and Marshalls) and HomeGoods. Marmaxx divisions (60.3% of FY21 Sales) sell family apparel (including footwear and accessories), home fashions (including home basics, accent furniture, lamps, rugs, wall décor, decorative accessories and giftware) and other merchandise. HomeGoods (18.9% of FY21 Sales) chain offers home basics, giftware, accent furniture, lamps, rugs, wall décor and decorative accessories from around the world, seasonal and other merchandise. In Canada, it operates through TJX Canada (8.8% of FY21 Sales) through stores under the names of Winners, Marshalls and HomeSense and in Europe, it operates through TJX International (12% of FY21 Sales) through stores under the names of T.K. Maxx and HomeSense. Why we bought the stock? 🤩 The HomeGoods segment has been seeing robust demand for a while now. In Q2, comp store sales of those stores that have remained open surged 36% YoY. The strong upside should not be a surprise to investors as TJX Companies has experienced solid and continuous sales growth not only in just few categories but rather across its whole product portfolio. The Net Profit from the HomeGoods' segment was also up 42% from fiscal 2020 levels. Another major positive catalyst for the stock in the future will be the launch of homegoods.com in Q3 of this year. We believe that this is a major step in the right direction for $TJX, which will drastically improve its profitability and increase its customer base. With the secular bull market that we are seeing in the Real Estate sector and the favorable demographic development around Millenials and Gen Z becoming first-time home owners, we expect to see hundreds of millions of people needing a place to buy qualitative home furnishing goods at a relatively low price. TJX Companies will be in a great position to offer just that! The company has continued to invest heavily in its marketing and advertising campaigns and has further developed attractive, innovative and different loyalty programs, gift giving initiatives, "treasure hunt shopping" and other club benefits. As a result of the serious increase in online shopping worldwide TJX Companies has undertaken several initiatives to boost its online sales and strengthen its e-commerce business. This shows that the company is willing to evolve together with the always-changing market conditions. On the Q2 earnings call, the management highlighted that it is seeing impressive sales growth for both the U.S. and U.K. online businesses. The TJX Companies’ off-price model, together with its strategic store locations, impressive brands and fashion products, are definitely expected to serve as a strong catalyst for both in stores and online performance. 📈 Technical Analysis 📈 After the most recent 10% correction in the stock price, #TJX is currently sitting at a very strong support zone around the $68-70 range. As you can see on the chart there are few key supports that are currently in play. Firstly, we have the 50-day EMA, which is currently sitting at a around $70, then we also have the upward sloping diagonal support of the uptrend that started at the end of March, 2020, lying at $68. Last but not least we have the 200-day EMA sitting at $66.47 acting as a safety net to the downside. Following the great fundamental story behind the company, the fantastic discount in the stock price, the strong uptrend that the stock has been moving within for over a year and a half now and the multitude of technical supports lying at current levels we are strongly BULLISH on the stock for both the short and mid-term. Our year-end price target for #TJX is $89.50. 🚀🚀🚀 Sincerely, Dow Experts
NYSE:TJXLong
by DowExperts
$PINS overview*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.* I've had a true love for Pinterest ($PINS) since the beginning of the year, they are one of my favorite public companies out. I myself am not an avid user of the platform, however I do know a great number of friends and family that are religious users of this social media platform. Pinterest is a community based message board that allows users to publicly share other ideas that they want to share to their followers; in pair, users can also post their own ideas for their follower base. Pinterest is great for people with in an interest in practically anything (within reason, of course). With a growing technology-driven world, an app like Pinterest will *likely* continue to see user growth, their average user growth was up 37% in 2020, which followed a 30% growth the following year. I myself secured an entry at $66 per share, and as of this post $PINS is sitting at a share price of $76.99 at close Friday, July 10. I averaged up this past Thursday at the $75 price point, and am approaching my first take profit point. Short, mid, and long term simple moving averages have done a bowl pattern and have turned bullish, and momentum has followed. Although SMA has turned, momentum appears to be headed to be headed toward a resistance point. Though I love Pinterest and their operations, as well as their current price action, I am currently neutral on $PINS short term. Though both short and medium term bullish patterns have not been broken, but there are two potential bearish patterns forming, both formed at existing resistance at $90 per share. If $PINS can power through this momentum resistance, they have room to break through the current $90 price ceiling, and could touch a $100 share price by years end. Price points are as follows: ORIGINAL ENTRY: $66 AVERAGED UP/NEW ENTRY: $75 STOP LOSS: $66 TAKE PROFIT 1: $90 TAKE PROFIT 2: $110 There is 43% upside on this medium-term trade from its current entry point. Current stop loss is my original entry. I will be giving an update soon, Pinterest's activity on the charts in the next couple of weeks could tell the tale of what to expect for performance into 2022. Be sure to follow me @bigshotrob for future updates and posts.
NYSE:PINS
by tradebuckets
Is $AAPL headed to $150?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.* My team and I have always had a love affair with Apple ($AAPL) and their operations. It has recently been correcting on the charts from a $150 price point, and based on the the company's performance last week, we believe Apple has broken any bearish pattern that may have been apparent on the charts. Apple is a notorious company with a brand equity that is currently unmatched in the electronics industry. Holding this company makes sense in any portfolio, this tech giant has showed time and time again it is the clear standard in consumer electronics sector. They have hold of a very large market by having a variety of products, these products all having some level of interconnectivity to one another. This interconnectivity has created a level of dependence for their consumers, meaning consumers do not want to buy non-Apple products simply because they already own many different Apple products. They are also able to sell older models of their devices at a discounted price, further increasing their market capitalization. Regardless if you are chasing Apple to the $150 price point, securing yourself a good long entry for a long-term hold, or just riding Apple up on this bull run, buying at this price point certainly appears to be a good idea. Our price points are as follows: ENTRY: $127 STOP LOSS: $120 TAKE PROFIT 1: $140 TAKE PROFIT 2: $145 TAKE PROFIT 3: $150 Check out my team over at @SimplyShowMeTheMoney Members of our team are followed there.
NASDAQ:AAPLLong
by tradebuckets
$AAPL @ crucial price point*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.* Apple ($AAPL) has caught fire in the past month, flying up a hot 18%. I've been following this tech giant since early June, and have been loving its activity in the last month. They are currently at a very crucial resistance point, a point set when a short term downtrend started in January of this year. Amazon ($AMZN) recently broke through a resistance; it appears that big tech might be seeing large growth across the board. Regardless if Amazon's breakout has any correlation to Apple's current price action, $AAPL appears to be reaching for the skies. Updated price points for this trade is as follows: ORIGINAL ENTRY: $127 STOP LOSS: $127 TAKE PROFIT 1: $160 Be sure to follow me @bigshotrob for future updates and posts. Check out my team over at @SimplyShowMeTheMoney Members of our team are followed there.
NASDAQ:AAPLLong
by tradebuckets
2
$AMZN breakout @ $3500?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.* I hope everyone is enjoying their 4th of July weekend, you know everybody at the @SimplyShowMeTheMoney team is. Nobody is arguing with Amazon's performance in the market in the last several years, the multi-facet company is continuing to dominate the industries they touch in 2021. Amazon ($AMZN) has a lot to look forward to in the next few weeks, most especially this coming week. Current CEO Jeff Bezos is expected to step down tomorrow, July 5th. Bezos is expected to maintain a large roll in Amazon's operations, moving to the roll of Executive Chair; Bezos will act as a special advisor to incoming CEO Andy Jassy. Knowing Bezos will remain at large on Amazon's Board of Directors allows the corporate giant to turn a new leaf as a company with this transfer of leadership. It is no surprise Amazon broke through a $3500 resistance this past Friday with this news trending, but the company also has quarterly earnings reports to look forward to July 29th. They are expected to achieve a 12.21 EPS, but investors know that Amazon has a tendency to smash expected earnings; this trend being true these past four earnings reports. The breakthrough of a $3500 gives Amazon room to run the rest of this year. A long term bullish trend is apparent, this trend started in March 2020 when Amazon was trading at a share price of $1500. Jassy taking over as CEO paired with another expected smash-hit earnings report could give Amazon momentum to smash through the still-seen $3500 resistance level, and eventually push a $4000 share price. My team is seeking an entry this coming Tuesday, July 6. Our price points are as follows: ENTRY: $3500 STOP LOSS: $3150 TAKE PROFIT 1: $4000 Be sure to follow me @bigshotrob for future updates and posts. Check out my team over at @SimplyShowMeTheMoney Members of our team are followed there.
NASDAQ:AMZNLong
by tradebuckets
1
No Man's Land For NowGOED hanging out in no man's land. I like the climb it's had so far but big question mark as to whether or not it can break through the upper limit on this gap. Open to some thoughts but found this to be interesting: "During the pandemic, home improvement has increased dramatically with more people having the time to spend on it. This helped 1847 Goedeker perform well since the beginning of Covid. The company also sells fitness equipment, which again, was and is a major market due to the pandemic. June 16th, Goedeker announced its Q2 2021 results which could be the reason behind its over 5% gain today. The company’s revenue broke a record, moving up 41.9% year over year." Quote Source: 4 Penny Stocks to Watch Following the Fed Meeting and Powell’s Remarks
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by PennyStocks101