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Icici Bank - a hidden Indian GemAs India is one of the fastest growing economies this stocks potential is very high, in the last 30 years India's economic growth has only declined in 1 of those years (COVID year) in the last 10, growth has almost doubled. With a rising economy and very strong fundamentals this seems a wise investment to hold long-term. I am looking to enter a position at the gap down around $21.41 as short-term it is in a bull flag that has potential to break out around the $26 mark. FY22 it had a profit margin of 21.58% and Debt to Assets of 9.97% respectively (17.5 Trillion in Assets) and EPS of 37.94 ending FY22 compared to 7.04 ending FY19 a sizable increase to say the least. A very strong stock in a booming Indian economy, could be a safe haven as US market has been very unpredictable IMO.
NYSE:IBNLong
by Wizard_of_Stocks
Tesla holds Bitcoin worth $222BTL;DR Breakdown Tesla has stayed one of the biggest Bitcoin financial backers as it has shared its Bitcoin worth in SEC documenting. It had sold 75% of its Bitcoin possessions as of late, impressively diminishing it. As per the SEC recording, Tesla holds Bitcoin worth $222 billion. Tesla CEO Elon Musk has been one of the principal reasons Bitcoin saw an enormous worth expansion lately. However, Musk's relationship with Bitcoin didn't go on as he declared his help for Dogecoin. The progressions have impacted Bitcoin speculations due to its utilization. These progressions have come about because of the referenced organization's no more acknowledgment of Bitcoin. All things being equal, it has reported help for DOGE and its utilization to buy stock and different items. As of late, a similar organization declared the offer of its Bitcoin speculations. As indicated by the authoritative declaration, it has sold over 75% of its Bitcoin possessions. Numerous experts were pondering about their Bitcoin possessions after this impressive decline. A new SEC documenting has unveiled the subtleties of the amount BTC it claims. Here is a short outline of the subtleties of Tesla's SEC recording and its Bitcoin worth. Tesla and its Bitcoin speculations Tesla had made news in view of its extraordinary interest in Bitcoin. As per its true declaration, it had put $1.5 billion in Bitcoin in February 2021. The outcome was a flood of Bitcoin requests, raising its cost esteem. The flood for Bitcoin went on till the end quarter of 2021 when it approached the $70K mark. The next months saw changes in its worth as the market stayed unsound. The last blow came from a downturn because of the international circumstance, making a financial emergency. From that point forward, Tesla has seen an impressive lessening in the worth of its Bitcoin speculations. The outcome was a choice to off-stack this weight as it could cost more as the financial circumstance declined. The over-half fall in Bitcoin esteem recommends that the vehicle-making organization has lost an impressive sum. As it of late offered Bitcoin because of the negative market, it made $936 million in government-issued money. Musk's choice to sell Bitcoin has been one of the primary reasons virtual entertainment clients have rushed to crypto ventures. Some even named it a double-crossing as he left the market however he was the person who pulled in financial backers. The new offer of Bitcoin and its ongoing worth Tesla has documented its subsequent quarter (Q2) report to the Securities and Exchange Commission. The report shares the total subtleties of its Bitcoin action. As per the report, Tesla is said to have lost $170 billion because of market changes. While it had the option to make gains of $64 billion on its sure changes of Bitcoin to government-issued money. It had bought Bitcoin at $32K while selling a portion of its possessions in Q1 of 2021. Tesla has said that it holds other advanced resources other than Bitcoin. However it hasn't named the resources it holds, it has acknowledged that it holds DOGE. Tesla's conveying worth of computerized resources is about $218 billion. Bitcoin esteem has vacillated throughout the previous few weeks, and the worth of these advanced resource properties could have expanded. Musk had said in an explanation that the justification for their offer of Bitcoin was China's Covid lockdowns. Likewise, he said that they hadn't sold their Dogecoin property. The ongoing circumstance will lastingly affect Bitcoin, as it saw when Tesla bought a colossal measure of Bitcoin. End Tesla, the vehicle-making organization, has uncovered its Bitcoin possessions in a new SEC documenting. It shared the subtleties of the computerized resource possessions in the Q2 report. The subtleties show that it has Bitcoin property worth $222 billion. It shows that the organization is yet a critical investor in Bitcoin. While it additionally has other computerized resources that are not determined in the report. LIKE COMMENT AND SHARE.............
TLong
by IPatrice
BTCUSDHello guys and girls. Why we are looking BTC short for the week. If you look Bitcoin on the weekly timeframe, you will see that price is approaching the weekly low 17625.51. Looking at the 4H timeframe you will see the expending channel with a clean multi touches and ascending pattern for the massive sell. We be looking for an entry on the 1 Hour timeframe for double Top or triple Top for the drop. For financial advice; this is my point of view and please don’t take it as a signal.
BINANCE:BTCUSDShort
by MartinsEhijie
ANZ.ASX - FUNCHARTS - Countertrend Trading with a Trend FilterNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. ANZ, one of the big four banks listed on the Australian Stock Exchange is a pretty tricky stock to trade, conforming more to a six month cycle between dividend and earnings dates. However from a purely technical standpoint, on a medium term basis there are opportunities to trade in line with a longer term trend, and on a short term basis to enter the stock on very short term pull backs. In this analysis we looked at the Supertrend Strategy using a 50 period length with a 6xATR Factor to capture longer term trends and then looked at buying short term dips and selling short term rallies. In the longer term timeframe this worked quite well with ANZ making good money based on the Performance Summary but entries and exits are few and far between with this approach. Bringing the time frame back to a swing trading standpoint, the best results came from using the Supertrend STRATEGY in a countertrend way, buying dips and selling rallies using just a 3 period ATR Length with a 1 period factor, giving plenty of trades. Filtering the short term system with the longer term trend also resulted in more frequent winning trades so trading countertrend in the very short term with a longer term trend filter worked nicely. The catch is when you get a longer term trend change without a resulting rally to exit on the countertrend system, which can at times result in very large losses, like during Covid. It is for this reason a stop loss should be set, even when trading countertrend to prevent large losses on a stock that does often trend. Using the blue trailing stop line is a common sense area to position a stop loss as insurance against a big fall.
ASX:ANZ
by andrew.gibbs777
$SOFI heavy insider buying from CEOI think Anthony Noto is looking at the weekly chart too. Seeing a bullish cross on the MACD. RSI is extremely oversold and looks to have bottomed out. And SOFI looks like it's battling with the upper bound of this parallel channel. Once it fights through it and closes above it, it should easily hit $7.70. The sweet spot for the majority of people to get out from being underwater is right around the VWAP and what I would consider the next big target, $13.94. (Circled)
NASDAQ:SOFILong
by EBITDAtiger
NBHC about to correct with the rest of market?Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of 40.89. If this instance is successful, that means the stock should decline to at least 40.73 which is the top of the larger green box. Three-quarters of all successful signals have the stock decline 1.425% from the signal closing price. This percentage is the top of the smaller green box. Half of all successful signals have the stock decline 2.254% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock decline 3.606% from the signal closing price which is the bottom of the smaller green box. The maximum decline on record would see a move to the bottom of the larger green box. These are the same concepts for the levels in the red boxes as well. The ends/vertical sides of the boxes are determined in a similar fashion. The trough of the decline can occur as soon as the next trading bar after signal close, while the max decline occurs within the limit of study at 50 trading bars after the signal. A 0.4% decline must occur over the next 50 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 7 trading bars; half occur within 24 trading bars, and one-quarter require at least 37 trading bars. The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement. As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
NYSE:NBHCShort
by StockSignaler
FISV - Fishing for the Void - $38 target FISV has reached the top of the exponential channel and is taking a breather below the 50 week MA. This tends to mark a market top, as you will notice from the 2000 to 2002 summit. Back then, there wasn't a huge decline, only a 52% drop. Today we are sat at a much higher multiple, after a comparatively long 13-year bull market. FISV's price to earnings ratio has come down in recent months, but further downside is probably the more likely from these heights. BULLISH CASE - If this stock can reclaim and sustain $110, there is perhaps a bullish twist for another few months of upwards action grinding upwards. That said, this to me looks like it is running out of gas... BEARISH CASE 50 week MA has been lost We're now closing below the green parabolic channel for the first time since 2014. Weekly RSI has turned into the bear zone and is showing red Initial target would lend itself towards the mean / midline. Back to $72. A 33% correction. Extended target is $38-40. Representing a 62% decline from these prices. This would coincide with the 0.786 fib, off it's full 30 year move. Let's wait it out and see.
FShort
by DigiDavid
GS has great upside with PB 1.08I believe that $GS is a great opportunity to buy at this levels, their PB ratio is 1.08 which is one of the best ratios compared to other American banks at this point. They are one if not the largest investment banks in the world and they are also paying a 2.58% dividend yield. Combine that with the rising rates that will give even better margins and I truly believe its a great long term buy from this levels. I am thinking of opening a substantial position at this point and looking forward to hear your thoughts on that.
NYSE:GSLong
by Louk_Min