2nd Day Testing Fib Resistance On LMFALMFA has some pretty well established levels if you look beyond that one big spike earlier this year. With the 786 fib line showing to be a strong pivot, the stock has stalled twice now, failing to hold above this level. It was strongly denied this week and looks like the follow-through momentum just isn't there to finish out the week. However, bigger picture the stock is still significantly higher than where it was in late May .
Remember what Bruce said in that first ER:
“Revenues from our community association receivables business declined as we continue to develop a digital asset technology strategy to unlock the potential of this business...We expanded our core business of buying discounted debt and collecting it through court proceedings with the Borqs transaction. We entered the Borqs transaction projecting to net $2 million and we were pleased to realize a $5.7 million return.”
Quote Source: 4 Crypto Penny Stocks to Watch Under $5 Right Now
Financialstocks
Payment services at the centre of attentionThe fight against cash is continuing all over the world and in this context of economic recovery the increasingly basic payment services certainly play a fundamental role in the daily life of every individual.
Online payments, in stores , in supermarkets are increasingly digital and because of electronic tools and Fiserv with its worldwide presence does just that, provides banks and institutions the right means for the continuous digital challenge related to finance of our century.
The Market Miracle advisor generated an entry signal for Fiserv Inc. where capital seems to be coming from the world of corporations the target is expected to be 118.43 USD
In the months precedence the interest in the Stock has been shown from part of the institutions but now this has attenuated and the price has been diminished leaving space to new investments.
The price of the company would appear to be below its fair value by more than 13 %
Analyzing on the chart you can see that the Sentiment market is good and the price is close to some supports, this could give momentum to a price increase in the next hours or days.
This idea is based on the signal generated by the Marketmiracle advisor whose link you can find by scrolling at the bottom of this page.
ACNB Corp isn't just a trade! This should be an investment!Resting right on the 20dma I am anticipating a nice long opportunity if the pivot point holds here to R2.
This company makes a great investment due to fundamental analysis and we can see the downside here remains in-wedge most likely at $20 making downside risk very low.
HQ is in Gettysburg PA
Alan Stock is Chairman and sits on $750k worth of equity in the company.
If you investigate the SEC Form 4 there has been a great deal of accumulation from various directors and the C-Suite through Sept15th tp now.
Get long folks!
Tightly coiled ready for an explosive moveMany eyes on GS and with a rotation into the financial sector it could truly break out and hold the gains. With the market pullback, gains were softened but the RSI >50 indicates strength. Any entry above the pennant is a good one and should see a retest of the fib above in the next few trading sessions. Fib below can be used as stop loss.
$FOCS can rise in the next daysContextual immersion trading strategy idea.
Focus Financial Partners Inc. provides wealth management services to primarily high net worth individuals and families.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $32,65;
stop-loss — $30,56.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$QD can rise in the next daysContextual immersion trading strategy idea.
Qudian Inc. provides online small consumer credit products in the People's Republic of China.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,89;
stop-loss — $1,79.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Is FFH breaking out of an Inverted H&S?On the RSI FFH has created a higher high, very bullish.
Prem Watsa bought nearly Half a Million shares of FFH, I wonder if the Blackberry rumors are true?
An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
An inverse head and shoulders pattern, upon completion, signals a bull market
Investors typically enter into a long position when the price rises above the resistance of the neckline.
$NMIH can rise in the next daysContextual immersion trading strategy idea.
NMI Holdings, Inc., through its subsidiaries, provides private mortgage guaranty insurance services in the United States.
The share price rose after the company announced the pricing of its private offering of senior secured notes due 2025 (the “Notes”) and increased the aggregate principal amount of the offering to $400,000,000.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $18,67;
stop-loss — $17,52.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Easiest Trade, fundamental calls for pull backWe have artificially propped up market condition with high prices and low volumes on any matrix. Financial sector is not untouched by it. Recent rally in financial sector feels more like a speculation than value investment. But we're all allowed to speculate so power to all market participants.
However the rally calls for pullback and there's a easiest trade case to be made about FAZ which is 3X leveraged Financial Bears ETF. with great upside returns due to a pullback on fundamental levels. Be aware leveraged ETF is not a product to hold for a long time so quick returns enthusiast should understand risk before buying. Good Luck !
$ASA can rise in the next daysContextual immersion trading strategy idea.
ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $16,04;
stop-loss — $15,45.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$AMBC can fall in the next daysContextual immersion trading strategy idea.
Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally.
The share price fell after bad earnings. It looks like it will continue falling.
The demand for shares of the company still looks lower than the supply.
So I opened a short position from $13,83;
stop-loss — $15,16.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$PRA can fall in the next daysContextual immersion trading strategy idea.
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States.
The share price fell after bad earnings. Looks like it will continue falling.
The demand for shares of the company still looks lower than the supply.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $15,91;
stop-loss — $18,00.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
BAC coming close to where we can open a long position?Bank of America with its decent yield of about nearly 4% and a decent balance sheet maybe a good bye during this down turn. The trend drawn above show that approx $18.10 might be a key point for the stock. I would wait for it to reach there and show us a bounce to confirm my idea before opening a long position. As always I am a long term investor looking to buy and hold equities. Please like and comment.
Thanks everyone!
"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" - Warren Buffet
Elevate near support with solid fundamentalsElevate has been a little weak, because it's a subprime consumer lender and thus poses a lot of risk in a possible recession year. Also, earnings growth is expected to slow somewhat next year. Still, this company posted great earnings on its last report and has extremely bullish analyst ratings (9.8/10 summary score). It's also near a long-term support level right now around 3.70. Unfortunately this one's not optionable, so this is just for traders who buy shares.